# EDGAR Filing Document

**Accession Number:** 0000811869
**File Stem:** 0000811869-26-000128
**Filing Date:** 2026-3
**Character Count:** 119697
**Document Hash:** 1b88658a8b3576c19d719e3d6933a889
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000811869-26-000128.hdr.sgml**: 20260327

**ACCESSION NUMBER**: 0000811869-26-000128

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260130

**FILED AS OF DATE**: 20260327

**DATE AS OF CHANGE**: 20260327

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** THRIVENT MUTUAL FUNDS
- **CENTRAL INDEX KEY:** 0000811869

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05075
- **FILM NUMBER:** 26807724

**BUSINESS ADDRESS:**
- **STREET 1:** 901 MARQUETTE AVENUE, SUITE 2500
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55402-3211
- **BUSINESS PHONE:** 612-844-7190

**MAIL ADDRESS:**
- **STREET 1:** 901 MARQUETTE AVENUE, SUITE 2500
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55402-3211

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AAL MUTUAL FUNDS
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Thrivent High Yield Municipal Bond Fund (Series ID: S000061361)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000198645 | Class S      | THMBX           |

## Nport-Ex

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## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Thrivent Mutual Funds

- **b. Investment Company Act file number:** 811-05075

- **c. CIK number of Registrant:** 0000811869

- **d. LEI of Registrant:** 549300K3CUETFK7U3B57

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

  - **Street Address 1:** 901 Marquette Avenue

  - **City:** Minneapolis

  - **State:** MN

  - **Foreign country:** US

  - **Zip / Postal Code:** 55402-3211

  - **Telephone number:** 612-844-5168

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

- **a. Name of Series:** THRIVENT HIGH INCOME MUNICIPAL BOND FUND

- **b. EDGAR series identifier (if any):** S000061361

- **c. LEI of Series:** 549300G7LPIEUX0LPZ35

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

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-01-30

**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:** $51853912.56

**Total Liabilities:** $202736.85

**Net Assets:** $51651175.71

**Cash Not Reported:** $47120.54

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.00000000 | **1-Year:** -57.00000000 | **5-Year:** -9.00000000 | **10-Year:** -2874.00000000 | **30-Year:** -22655.00000000

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** -436.00000000 | **10-Year:** -4302.00000000 | **30-Year:** -14923.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000198645 | 0.33%                | -0.03%               | 0.47%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-33881.04               | $31825.88                                  |
| Month 2  | $-31283.09               | $-183223.75                                |
| Month 3  | $-26202.18               | $47115.39                                  |

**Designated Index Information**

- **Index Name:** Bloomberg 65% High Grade/35% High Yield Municipal Bond Index

- **Index Identifier:** I13973US

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AEROTROPOLIS COLO REGL TRANSN AUTH                               | Aerotropolis, CO Regional Transportation Auth. Special Rev.                                                                              | CUSIP: 008051AE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $497347.85    | 0.96%             | 2054-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ALACHUA CNTY FLA HEALTH FACS AUTH                                | Alachua County, FL Health Fac. Auth. Rev. Refg. (Oak Hammock at the University of Florida, Inc.)                                         | CUSIP: 010684AX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $212786.83    | 0.41%             | 2046-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ALLEGHENY CNTY PA ARPT AUTH                                      | Allegheny County, PA Airport Auth. Rev. (Pittsburgh International Airport) A, AMT                                                        | CUSIP: 01728LFJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $352406.81    | 0.68%             | 2051-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| APPLE VALLEY MINN                                                | Apple Valley, MN Senior Housing Rev. (PHS Apple Valley Senior Housing, Inc. - Orchard Path Phase II)                                     | CUSIP: 03800RBE5<br>LEI: 549300AMWD6044L1SO95 | Long             | DBT              | MUN               | US        |    290000 | PA      | $268366.55    | 0.52%             | 2041-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH EDU REVENUE                             | Arizona Industrial Development Auth. Education Rev. (Doral Academy of Nevada - Pebble Campus) A                                          | CUSIP: 04052BMC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $180130.70    | 0.35%             | 2050-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH EDU REVENUE                             | Arizona Industrial Development Auth. Education Rev. Refg. (Doral Academy of Northern Nevada) A                                           | CUSIP: 04052BPS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $271977.27    | 0.53%             | 2051-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH EDU REVENUE                             | Arizona Industrial Development Auth. Education Rev. (KIPP Nashville) A                                                                   | CUSIP: 04052BSS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $347186.28    | 0.67%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH EDU REVENUE                             | Arizona Industrial Development Auth. Education Rev. (Academies of Math & Science)                                                        | CUSIP: 04052BSZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $238751.40    | 0.46%             | 2053-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ARKANSAS DEVELOPMENT FINANCE AUTH                                | Arkansas Development Finance Auth. Environmental Rev. (United States Steel Corporation) AMT                                              | CUSIP: 04110FAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $254055.75    | 0.49%             | 2053-05-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| ARLINGTON TEX HIGHER ED FIN CO                                   | Arlington, TX Higher Education Finance Corporation Education Rev. (Cypress Christian School)                                             | CUSIP: 041807GC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $251574.50    | 0.49%             | 2063-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ASTORIA ORE HOSP FACS AUTH                                       | Astoria, OR Hospital Fac. Auth. Rev. (Columbia Memorial Hospital)                                                                        | CUSIP: 046279CU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $249413.48    | 0.48%             | 2054-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| AVIMOR CMNTY INFRASTRUCTURE DIST NO 1                            | Avimor Community Infrastructure District No. 1, ID SAB (Assessment Area Five)                                                            | CUSIP: 05372AAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    213000 | PA      | $216353.34    | 0.42%             | 2053-09-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BL TRAIN HOLDINGS WEST LLC                                       | BL Train Holding West, LLC, Warrants (Expires 12/01/2035)                                                                                | CUSIP: 05594N118<br>LEI: 254900UTS074X7B9VE11 | N/A              | DE               | CORP              | US        |       900 | NC      | $0.09         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| BERTRAM TEX                                                      | Bertram, TX LTGO and Limited Pledge Rev. Certificates of Obligation (BAM Insured)                                                        | CUSIP: 086003DC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $276063.66    | 0.53%             | 2054-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BETHEL MINN                                                      | Bethel, MN Charter School Lease Rev. (Spectrum High School)                                                                              | CUSIP: 086759AY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $230702.50    | 0.45%             | 2059-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BETHEL MINN                                                      | Bethel, MN Housing and Health Care Fac. Rev. Refg. A                                                                                     | CUSIP: 08675RAW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $145797.47    | 0.28%             | 2054-03-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BIRMINGHAM ALA SPL CARE FACS FING AUTH                           | Birmingham, AL Special Care Fac. Financing Auth. Health Care Fac. Rev. Refg. (Children's Hospital) A                                     | CUSIP: 090929GZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $105412.57    | 0.20%             | 2050-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST                                       | Black Belt Energy Gas District, AL Gas Proj. Rev. Refg. D-1                                                                              | CUSIP: 09182TCR6<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    250000 | PA      | $265139.43    | 0.51%             | 2049-06-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| BLACK DESERT PUB INFRASTRUCTURE DIST                             | Black Desert Public Infrastructure District, UT SAB (Black Desert Assessment Area No.1)                                                  | CUSIP: 09204TAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $251401.43    | 0.49%             | 2053-12-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| BLACK RIDGE INFRASTRUCTURE FINANCING DISTRICT                    | Black Ridge Infrastructure Financing District, UT SAB (Black Ridge Assessment Area)                                                      | CUSIP: 09217JAD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200500.96    | 0.39%             | 2054-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BRADDOCK LAKES CDD                                               | Braddock Lakes Community Development District, FL Capital Improvement Rev.                                                               | CUSIP: 104026AC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $147823.37    | 0.29%             | 2055-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BRAINERD MINN                                                    | Brainerd, MN Senior Housing & Healthcare Rev. (Pinecrest of Country Manor) A                                                             | CUSIP: 10501DAE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $204172.54    | 0.40%             | 2055-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BRIDGEVILLE DEL                                                  | Bridgeville, DE Special Obligation (Heritage Shores Special Development District)                                                        | CUSIP: 108588AP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $201257.30    | 0.39%             | 2053-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| BROOKS DEV AUTH TEX REV                                          | Brooks, TX Development Auth. Special Fac. Hotel Rev. Refg.                                                                               | CUSIP: 11440PAC3<br>LEI: 254900CIQ3XBA01G8L37 | Long             | DBT              | MUN               | US        |    250000 | PA      | $238470.05    | 0.46%             | 2052-08-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BUCKEYE OHIO TOB SETTLEMENT                                      | Buckeye Tobacco Settlement Financing Auth., OH Rev. Refg. B-2                                                                            | CUSIP: 118217CZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $205606.48    | 0.40%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BUILD NYC RESOURCE CORP                                          | Build NYC Resource Corporation, NY Rev. (New World Preparatory Charter School)                                                           | CUSIP: 12008ERS7<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    250000 | PA      | $189749.90    | 0.37%             | 2051-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BUILD NYC RESOURCE CORP                                          | Build NYC Resource Corporation, NY Rev. (Global Community Charter School)                                                                | CUSIP: 12008ETD8<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    410000 | PA      | $379210.68    | 0.73%             | 2042-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BUILD NYC RESOURCE CORP                                          | Build NYC Resource Corporation, NY Rev. (East Harlem Scholars Academy Charter School)                                                    | CUSIP: 12008ETJ5<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    200000 | PA      | $205181.94    | 0.40%             | 2042-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BUILD NYC RESOURCE CORP                                          | Build NYC Resource Corporation, NY Rev. (Unity Preparatory Charter School of Brooklyn) A                                                 | CUSIP: 12008EUN4<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    250000 | PA      | $246825.75    | 0.48%             | 2053-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CCP METROPOLITAN DISTRICT NO 3                                   | CCP Metropolitan District No. 3, CO LTGO Refg.                                                                                           | CUSIP: 12520DAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $242411.05    | 0.47%             | 2053-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV          | California Community Choice Financing Auth. Rev. (Clean Energy) C                                                                        | CUSIP: 13013JCM6<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    200000 | PA      | $212796.30    | 0.41%             | 2031-10-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH ENVIRONMENTAL IMPT                       | California Municipal Finance Auth. Special Tax Rev. C                                                                                    | CUSIP: 13051AFS2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    250000 | PA      | $266133.33    | 0.52%             | 2052-09-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH                                      | California Municipal Finance Auth. School Fac. Rev. (St. Mary's School - Aliso Viejo) A                                                  | CUSIP: 13051BAD8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    250000 | PA      | $252301.23    | 0.49%             | 2059-05-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATE UNIVERSITY                                      | California State University Rev. Refg. A                                                                                                 | CUSIP: 13077DWF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $547751.75    | 1.06%             | 2050-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH                             | California Statewide Communities Development Auth. Community Fac. District No. 2021-03 Special Tax Rev. (Laurel Ranch)                   | CUSIP: 13077ERF9<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    145000 | PA      | $146084.02    | 0.28%             | 2054-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CAMDEN COUNTY IMPROVEMENT AUTHORITY                              | Camden County, NJ Improvement Auth. School Rev. (Kipp: Cooper Norcross Academy - 2022)                                                   | CUSIP: 13281PAC1<br>LEI: 549300UTQBT9ZE0QFB15 | Long             | DBT              | MUN               | US        |    160000 | PA      | $165511.87    | 0.32%             | 2052-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CAPE CORAL FLA                                                   | Cape Coral, FL Utility Improvement Assessment Refg. (North 1 West Area) (BAM Insured)                                                    | CUSIP: 13937XER5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $260101.02    | 0.50%             | 2054-03-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| CAPITAL PROJS FIN AUTH FLA                                       | Capital Projects, FL Finance Auth. Student Housing Rev. (Provident Group - Continuum Properties) A-1                                     | CUSIP: 140427CB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $140637.69    | 0.27%             | 2053-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CENTERRA MET DIST NO 1                                           | Centerra Metropolitan District No. 1, Larimer County, CO Special Rev.                                                                    | CUSIP: 15200XAL7<br>LEI: 549300SHE5ZPSMGZH793 | Long             | DBT              | MUN               | US        |    250000 | PA      | $262017.33    | 0.51%             | 2053-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE CNTY FLA INDL DEV AUTH                                 | Charlotte County, FL Industrial Development Auth. Utility System Rev. (Town & Country Utilities) AMT                                     | CUSIP: 16080TAG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $203281.38    | 0.39%             | 2051-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE CNTY FLA INDL DEV AUTH                                 | Charlotte County, FL Industrial Development Auth. Utility System Rev. (Town & Country Utilities) AMT                                     | CUSIP: 16080TAL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $258661.10    | 0.50%             | 2055-10-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CUYAHOGA CNTY OHIO PORT AUTH                           | Cleveland-Cuyahoga County, OH Port Auth. Rev. Refg. (Flats East Bank) A                                                                  | CUSIP: 18611HAB1<br>LEI: 549300KI3FXFLUKF3A98 | Long             | DBT              | MUN               | US        |    225000 | PA      | $171541.06    | 0.33%             | 2055-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CLINTON CNTY N Y CAP RES CORP                                    | Clinton County, NY Capital Resource Corporation Lease Rev. (CVES BOCES)                                                                  | CUSIP: 187469AG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $257415.83    | 0.50%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COBB CNTY GA DEV AUTH                                            | Cobb County, GA Development Auth. Educational  Fac. Rev. (Mt. Bethel Christian Academy)                                                  | CUSIP: 190782AS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $255875.50    | 0.50%             | 2064-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| COLLEGE OF WESTERN IDAHO                                         | College of Western Idaho Annual Appropriation COP                                                                                        | CUSIP: 194521BG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $203396.76    | 0.39%             | 2052-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO EDUCATIONAL & CULTURAL FACS AUTH                        | Colorado Educational and Cultural Fac. Auth. Rev. Refg. (Global Village Academy - Northglenn)                                            | CUSIP: 19645UER1<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    150000 | PA      | $133467.96    | 0.26%             | 2050-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO EDUCATIONAL & CULTURAL FACS AUTH                        | Colorado Educational and Cultural Fac. Auth. Rev. (Aspen View Academy)                                                                   | CUSIP: 19645UGG3<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    350000 | PA      | $286031.97    | 0.55%             | 2051-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO EDUCATIONAL & CULTURAL FACS AUTH                        | Colorado Educational and Cultural Fac. Auth. Rev. (Mountain Phoenix Community School)                                                    | CUSIP: 19645UQB3<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    200000 | PA      | $179775.22    | 0.35%             | 2053-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| COLORADO HIGH PERFORMANCE TRANSPORTATION ENTERPRISE              | Colorado High Performance Transportation Enterprise Rev.                                                                                 | CUSIP: 19648DAD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $219301.09    | 0.42%             | 2056-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACILITIES AUTHORITY                             | Colorado Health Fac. Auth. Rev. Refg. (CommonSpirit Health) A-2                                                                          | CUSIP: 19648FKT0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    350000 | PA      | $299151.44    | 0.58%             | 2049-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLUMBIA S C                                                     | Columbia, SC Waterworks and Sewer System Rev.                                                                                            | CUSIP: 198504S86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $266068.70    | 0.52%             | 2055-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COLUMBUS OHIO REGL ARPT AUTH                                     | Columbus, OH Regional Airport Auth. Rev. Refg. (John Glenn Columbus International Airport) A, AMT                                        | CUSIP: 199546DB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $261704.08    | 0.51%             | 2045-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HEALTH & EDL FACS A                               | Connecticut Health & Educational Fac. Auth. Rev. (McLean Issue) A                                                                        | CUSIP: 20775DHH8<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    250000 | PA      | $224290.70    | 0.43%             | 2045-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CUYUNA RANGE HOSP DIST MINN                                      | Cuyuna Range Hospital District, MN Health Care Fac. Rev.                                                                                 | CUSIP: 23249GAK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $151011.27    | 0.29%             | 2053-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| DEEPHAVEN MINN                                                   | Deephaven, MN Charter School Lease Rev. (Eagle Ridge Academy) A                                                                          | CUSIP: 24380HBP6<br>LEI: 5493005IOLNBTFT2MD86 | Long             | DBT              | MUN               | US        |    245000 | PA      | $245083.59    | 0.47%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DELAWARE ST ECONOMIC DEV AUTH REV                                | Delaware Economic Development Auth. Charter School Rev. (Newark Charter School, Inc.)                                                    | CUSIP: 246372AZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $330334.92    | 0.64%             | 2051-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DENVER COLO HEALTH & HOSP AUTH                                   | Denver, CO Health and Hospital Auth. Healthcare Rev. A                                                                                   | CUSIP: 24918EDN7<br>LEI: 549300WFV5S7GIR4OS67 | Long             | DBT              | MUN               | US        |    230000 | PA      | $230493.35    | 0.45%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DIRECTOR ST NEV DEPT BUSINESS & INDUSTRY                         | Nevada Department of Business & Industry Rev. Refg. (Brightline West Passenger Rail) B, AMT                                              | CUSIP: 25457VBV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $82500.00     | 0.16%             | 2026-11-02      | Variable      | 12.00%                | No            |                  2 | On Loan: No      |
| DIXON CALIF                                                      | Dixon, CA Special Tax Rev.                                                                                                               | CUSIP: 255650FL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $251056.85    | 0.49%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DOWNTOWN REVITALIZATION PUB INFRA DIST                           | Downtown Revitalization Public Infrastructure District, UT Sales Tax Rev. (SEG Redevelopment) C                                          | CUSIP: 26118TBW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100792.12    | 0.20%             | 2035-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DULUTH MINN ECONOMIC DEV AUTH                                    | Duluth, MN Economic Development Auth. Health Care Fac. Rev. (St. Luke's Hospital of Duluth Obligated Group) B                            | CUSIP: 26444CKK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $259385.35    | 0.50%             | 2047-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FLORIDA DEVELOPMENT FINANCE CORP                                 | Florida Development Finance Corporation Healthcare Fac. Rev. (Tampa General Hospital) A                                                  | CUSIP: 34061QCV7<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    250000 | PA      | $232710.38    | 0.45%             | 2055-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FLORIDA DEVELOPMENT FINANCE CORP                                 | Florida Development Finance Corporation Educational Fac. Rev. (River City Science Academy) A                                             | CUSIP: 34061UGS1<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    250000 | PA      | $192961.33    | 0.37%             | 2055-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA DEVELOPMENT FINANCE CORP                                 | Florida Development Finance Corporation Educational Fac. Rev. (River City Science Academy) A-1                                           | CUSIP: 34061UJN9<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    150000 | PA      | $140881.41    | 0.27%             | 2051-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA DEVELOPMENT FINANCE CORP                                 | Florida Development Finance Corporation Senior Living Rev. Refg. (Glenridge Palmer Ranch)                                                | CUSIP: 34061WAY0<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    250000 | PA      | $229228.68    | 0.44%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA DEVELOPMENT FINANCE CORP                                 | Florida Development Finance Corporation Student Housing Rev. (Sinking Fund Protection - Tampa I, LLC - The Henry) A-1                    | CUSIP: 34062AAE1<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    250000 | PA      | $236231.75    | 0.46%             | 2059-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FLORIDA DEVELOPMENT FINANCE CORP                                 | Florida Development Finance Corporation Educational Fac. Lease Rev. Refg. (Seaside Community Charter School) A                           | CUSIP: 34062FAB6<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    225000 | PA      | $229161.24    | 0.44%             | 2047-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FLORIDA HIGHER EDL FACS FING AUTH                                | Florida Higher Educational Fac. Financing Auth. Rev. (Ringling College)                                                                  | CUSIP: 34073TMJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $282061.29    | 0.55%             | 2049-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GARDEN CITY KANS                                                 | Garden City, KS Sales Tax Special Obligation Rev. (Sports of the World - Phase II)                                                       | CUSIP: 36508AAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $152434.16    | 0.30%             | 2039-06-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| GENESEE CNTY N Y FDG CORP REV                                    | Genesee County, NY Funding Corporation Rev. (Rochester Regional Health Energy) A                                                         | CUSIP: 371669BE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $255191.80    | 0.49%             | 2050-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GEORGE L SMITH II GA WORLD CONGRESS CTR AUTH                     | George L. Smith II GA World Congress Center Auth. Rev. (Convention Center Hotel) A                                                       | CUSIP: 37255MAC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $211382.43    | 0.41%             | 2054-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GREATER ASHEVILLE REGL ARPT AUTH                                 | Greater Asheville, NC Regional Airport Auth. Rev. (AG Insured) AMT                                                                       | CUSIP: 39160CBN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $255609.50    | 0.49%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GREATER ORLANDO AVIATION AUTH FLA                                | Greater Orlando, FL Aviation Auth. Airport Fac. Rev. AMT                                                                                 | CUSIP: 392275FK4<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |    400000 | PA      | $414327.88    | 0.80%             | 2051-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GREATER ORLANDO AVIATION AUTH FLA                                | Greater Orlando, FL Aviation Auth. Special Purpose Airport Fac. Rev. (United Airlines, Inc.) AMT                                         | CUSIP: 39227AAC6<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |    250000 | PA      | $271290.85    | 0.53%             | 2036-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GUAM POWER AUTHORITY                                             | Guam Power Auth. Rev. Refg. A                                                                                                            | CUSIP: 400653JZ5<br>LEI: 549300IPOV320QCKW060 | Long             | DBT              | MUN               | GU        |    300000 | PA      | $330704.19    | 0.64%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HARRIS COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORP         | Harris County, TX Cultural Education Fac. Finance Corporation Rev. (First Mortgage Brazos Presbyterian Homes, Inc.) A                    | CUSIP: 414009FF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15008.71     | 0.03%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HESS RANCH MET DIST NO 5                                         | Hess Ranch Metropolitan District No. 5, CO SAB A-1                                                                                       | CUSIP: 428111AA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    183933 | PA      | $189303.02    | 0.37%             | 2043-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| HINDS CNTY MISS                                                  | Hinds County, MS COP (Lease Purchase) (BAM Insured)                                                                                      | CUSIP: 433114AD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $230504.38    | 0.45%             | 2054-09-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| HORACE N D                                                       | Horace, ND Refg. Improvement UTGO A                                                                                                      | CUSIP: 440365HH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $198885.36    | 0.39%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOUSTON CITY OF                                                  | Houston, TX Airport System Rev. (United Airlines, Inc. Terminal Improvement) B, AMT                                                      | CUSIP: 442349HZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $269813.38    | 0.52%             | 2039-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HUNT TEX MEM HOSP DIST                                           | Hunt, TX Memorial Hospital District, LTGO                                                                                                | CUSIP: 445656FD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $255011.23    | 0.49%             | 2045-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                       | Illinois Finance Auth. Student Housing and Academic Fac. Rev. (University of Illinois at Chicago)                                        | CUSIP: 45203KAN5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    150000 | PA      | $151364.73    | 0.29%             | 2037-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                       | Illinois Finance Auth. Rev. Refg. (Goodman Theatre) A                                                                                    | CUSIP: 45204FJ48<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    120000 | PA      | $120912.41    | 0.23%             | 2050-10-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                       | Illinois Finance Auth. Rev. (Plymouth Place, Inc.) A                                                                                     | CUSIP: 45204FSN6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    200000 | PA      | $210234.16    | 0.41%             | 2047-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                       | Illinois Finance Auth. Rev. Refg. (DePaul College Prep Foundation) A                                                                     | CUSIP: 45204FUE3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    250000 | PA      | $255408.75    | 0.49%             | 2053-08-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| INDIANA HEALTH FAC FING AUTH                                     | Indiana Finance Auth. Health Fac. Rev. (Margaret Mary Health) A                                                                          | CUSIP: 45471CCL0<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    150000 | PA      | $156216.42    | 0.30%             | 2054-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| INDIANA FIN AUTH QUALIFIED MID                                   | Indiana Finance Auth. Student Housing Rev. (Tippecanoe, LLC Student Housing) A                                                           | CUSIP: 45471FAH4<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    250000 | PA      | $251432.73    | 0.49%             | 2064-06-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| INDIANA HOUSING & COMMUNITY DEVELOPMENT AUTHORITY                | Indiana Housing & Community Development Auth. Rev. (Vita of New Whiteland)                                                               | CUSIP: 45506CBH9<br>LEI: 549300QRKDYVNHT1OE86 | Long             | DBT              | MUN               | US        |    150000 | PA      | $141086.99    | 0.27%             | 2043-01-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| INDIANAPOLIS LOCAL PUBLIC IMPROVEMENT BOND BANK                  | Indianapolis, IN Local Public Improvement Bank Convention Center Hotel Rev. E                                                            | CUSIP: 45528U6Y2<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |    250000 | PA      | $261466.88    | 0.51%             | 2057-03-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| IOWA FINANCE AUTHORITY                                           | Iowa Finance Auth. Rev. (Lifespace Communities, Inc.) A                                                                                  | CUSIP: 46246K3Q3<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    160000 | PA      | $160622.10    | 0.31%             | 2032-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IOWA FINANCE AUTHORITY                                           | Iowa Finance Auth. Rev. (Lifespace Communities, Inc.) A                                                                                  | CUSIP: 46246K4S8<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    150000 | PA      | $150007.02    | 0.29%             | 2043-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IOWA FINANCE AUTHORITY                                           | Iowa Finance Auth. Senior Living Fac. Rev. Refg. (Presbyterian Homes Mill Pond)                                                          | CUSIP: 46247CCD9<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    150000 | PA      | $152213.60    | 0.29%             | 2065-10-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| IOWA HIGHER EDUCATION LOAN AUTHORITY                             | Iowa Higher Education Loan Auth. Fac. Rev. (Des Moines University)                                                                       | CUSIP: 46247DAF4<br>LEI: 549300DWVTM3KRNR0M36 | Long             | DBT              | MUN               | US        |    350000 | PA      | $354379.34    | 0.69%             | 2052-10-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| JACKSONVILLE FLA PUB EDL BLDG                                    | Jacksonville, AL Public Educational Building Auth. Rev. (JSU Foundation) (AG Insured) A                                                  | CUSIP: 469480AV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $208004.30    | 0.40%             | 2058-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| JAMES CITY CNTY VA ECONOMIC DEV AUTH                             | James City County, VA Economic Development Auth. Residential Care Fac. Rev. (Williamsburg Landing) A                                     | CUSIP: 47029WEG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $253988.75    | 0.49%             | 2058-12-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CNTY ALA                                               | Jefferson County, AL Sewer Rev. Refg. Warrants                                                                                           | CUSIP: 472682ZS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $262209.95    | 0.51%             | 2053-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| KALAMAZOO MICH ECONOMIC DEV CORP                                 | Kalamazoo, MI  Economic Development Corporation Rev. (Friendship Village of Kalamazoo) B-2                                               | CUSIP: 483228EK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100116.41    | 0.19%             | 2031-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| KALAMAZOO MICH ECONOMIC DEV CORP                                 | Kalamazoo, MI  Economic Development Corporation Rev. (Friendship Village of Kalamazoo) B-3                                               | CUSIP: 483228EL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100117.06    | 0.19%             | 2031-08-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| KENEDY TEX INDPT SCH DIST                                        | Kenedy, TX Independent School District UTGO (PSF-GTD Insured)                                                                            | CUSIP: 488836KJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $258620.58    | 0.50%             | 2050-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENT CNTY DE STUDENT HSG & DINING FAC REVENUE                    | Kent County, DE Student Housing and Dining Fac. Rev. (CHF-Dover, LLC - Delaware State University) A                                      | CUSIP: 490237AN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $231290.37    | 0.45%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS NEV SPL IMPT DIST NO 817                               | Las Vegas, NV Special Improvement District No. 817 SAB (Summerlin Village 29)                                                            | CUSIP: 51779BAP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $261541.80    | 0.51%             | 2053-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| LEE CNTY FLA                                                     | Lee County, FL Airport Rev. AMT                                                                                                          | CUSIP: 523470HY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $257255.30    | 0.50%             | 2054-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LEE CNTY FLA INDL DEV AUTH                                       | Lee County, FL Industrial Development Auth. Health Care Fac. Rev. (Cypress Cove at Healthpark, FL, Inc.) A                               | CUSIP: 52349EEK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $281511.75    | 0.55%             | 2052-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LEES SUMMIT MO INDL DEV AUTH                                     | Lee's Summit, MO Industrial Development Auth. Senior Living Fac. Rev. Refg. (John Knox Village) A                                        | CUSIP: 524292BG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $138749.23    | 0.27%             | 2042-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LEES SUMMIT MO INDL DEV AUTH                                     | Lee's Summit, MO Industrial Development Auth. Senior Living Fac. Rev. Refg. (John Knox Village) A                                        | CUSIP: 524292BM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $75926.36     | 0.15%             | 2059-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| LINCOLN CNTY S D                                                 | Lincoln County, SD Economic Development Rev. (Augustana College Association)                                                             | CUSIP: 53340EAB3<br>LEI: 549300USXDZ5FGJLUV88 | Long             | DBT              | MUN               | US        |    250000 | PA      | $201722.43    | 0.39%             | 2051-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA PUB FACS AUTH                                          | Louisiana Public Fac. Auth. Rev. Refg. (Lake Charles Charter Academy Foundation) A                                                       | CUSIP: 546399TY2<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    150000 | PA      | $145456.02    | 0.28%             | 2043-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOWER NECHES VALLEY AUTH TEX INDL DEV CORP                       | Lower Neches Valley, TX Auth. Industrial Development Corporation Rev. Refg. (ExxonMobil) A                                               | CUSIP: 54834RAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.19%             | 2029-11-01      | Variable      | 3.20%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC - MACQUARIE                          | Main Street Natural Gas, Inc., GA Gas Supply Rev. A                                                                                      | CUSIP: 56035DBH4<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    250000 | PA      | $260105.83    | 0.50%             | 2028-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARICOPA CNTY ARIZ INDL DEV AUTH                                 | Maricopa County, AZ Industrial Development Auth. Education Fac. Rev. (Valley Christian Schools) A                                        | CUSIP: 56678RAQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $243884.80    | 0.47%             | 2058-07-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| MARICOPA CNTY ARIZ INDL DEV AUTH                                 | Maricopa County, AZ Industrial Development Auth. Education Fac. Rev. (Arizona Christian University) A                                    | CUSIP: 56681NJB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $244442.73    | 0.47%             | 2041-10-01      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| MARYLAND ECONOMIC DEVELOPMENT CORPORATION                        | Maryland Economic Development Corporation Student Housing Rev. (Morgan State University) A                                               | CUSIP: 57420VSP9<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |    200000 | PA      | $210979.00    | 0.41%             | 2058-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ECONOMIC DEVELOPMENT CORPORATION                        | Maryland Economic Development Corporation Student Housing Rev. (University of Maryland, College Park - Leonardtown) (AG Insured)         | CUSIP: 57420VTK9<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |    250000 | PA      | $254927.85    | 0.49%             | 2064-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST DEPT TRANSN                                          | Maryland Department of Transportation Rev. (Baltimore/Washington International Thurgood Marshall Airport) (AG Insured) A, AMT            | CUSIP: 57421FBW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $261243.95    | 0.51%             | 2049-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY                                     | Massachusetts Development Finance Agency Rev. (Merrimack College)                                                                        | CUSIP: 57584Y4J5<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    200000 | PA      | $191005.06    | 0.37%             | 2052-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS (COMMONWEALTH OF)                                  | Massachusetts Transportation Fund Rev. (Rail Enhancement) A                                                                              | CUSIP: 57604TKE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $517458.95    | 1.00%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| METROCARE SERVICES                                               | Metrocare Services, TX Rev.                                                                                                              | CUSIP: 59164FAU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $261603.85    | 0.51%             | 2050-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MET GOVT NASHVILLE & DAVIDSON CNTY TENN HEALTH & EDL FACS BRD    | Metropolitan Government of Nashville and Davidson County, TN Health and Educational Fac. Rev. Refg. (Trevecca Nazarene University)       | CUSIP: 592029AC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $308512.59    | 0.60%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN PIER & EXPOSITION AUTH (HYATT REGENCY MCCORMICK PL) | Metropolitan Pier and Exposition Auth., IL Rev. (McCormick Place Expansion) (NATL-RE Insured) A                                          | CUSIP: 592247K66<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |    115000 | PA      | $83313.04     | 0.16%             | 2035-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN WASHINGTON AIRPORTS AUTHORITY                       | Metropolitan Washington DC Airports Auth. Airport System Rev. Refg. A, AMT                                                               | CUSIP: 592647MC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $258390.23    | 0.50%             | 2048-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FUND                                       | Michigan Strategic Fund Limited Obligation Rev. (I-75 Improvement) AMT                                                                   | CUSIP: 594698QQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $103848.41    | 0.20%             | 2033-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FUND                                       | Michigan Strategic Fund Limited Obligation Rev. (I-75 Improvement) AMT                                                                   | CUSIP: 594698QT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $225999.88    | 0.44%             | 2043-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIDA MOUNTAIN VILLAGE PUBLIC INFRASTRUCTURE DISTRICT             | Mida Mountain Village Public Infrastructure District, UT TIF Rev. 2                                                                      | CUSIP: 59561UAD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $511953.00    | 0.99%             | 2054-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI BUSINESS FINANCE CORP                                | Mississippi Business Finance Commission Gulf Opportunity Zone Industrial Rev. (Chevron USA, Inc.) A                                      | CUSIP: 60528AAS3<br>LEI: 549300DYV074JUDKBQ77 | Long             | DBT              | MUN               | US        |    140000 | PA      | $140000.00    | 0.27%             | 2030-12-01      | Variable      | 3.20%                 | No            |                  2 | On Loan: No      |
| MISSOURI DEV FIN BRD TAX INCREMNET                               | Missouri Development Finance Board Tax Increment and Special District Rev. (Lakeport Village) A                                          | CUSIP: 606043AA5<br>LEI: 549300JD8BCNBV9D3830 | Long             | DBT              | MUN               | US        |    150000 | PA      | $151597.55    | 0.29%             | 2040-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MOBILE CNTY ALA INDL DEV AUTH                                    | Mobile County, AL Industrial Development Auth. Solid Waste Disposal Rev. (AM/NS Calvert, LLC) A, AMT                                     | CUSIP: 60733UAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $192388.20    | 0.37%             | 2054-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MONTANA FAC FIN AUTH                                             | Montana Fac. Finance Auth. Health Care Fac. Rev. (Montana Children's Home and Hospital) A                                                | CUSIP: 612043LN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $182793.90    | 0.35%             | 2050-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY OHIO                                             | Montgomery County, OH Health Care Fac. Rev. Refg. (Solvita)                                                                              | CUSIP: 613518DJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $203213.38    | 0.39%             | 2054-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MOUNTAIN HSE CMNTY FACS DIST                                     | Mountain House, CA Community Facs. District Special Tax (Improvement Area No. 1)                                                         | CUSIP: 62412KAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $112379.20    | 0.22%             | 2035-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| NATIONAL FINANCE AUTHORITY NH                                    | National Finance Auth., NH Affordable Housing Certificates Rev. A                                                                        | CUSIP: 63607DAB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    249114 | PA      | $249949.52    | 0.48%             | 2040-10-20      | Variable      | 4.15%                 | No            |                  2 | On Loan: No      |
| NATIONAL FINANCE AUTHORITY NH                                    | National Finance Auth., NH Rev. (Presbyterian Senior Living) A                                                                           | CUSIP: 63607YBJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $252176.75    | 0.49%             | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NATIONAL FINANCE AUTHORITY NH                                    | National Finance Auth., NH Special Rev. CAB (Provence)                                                                                   | CUSIP: 63608TAX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $102614.79    | 0.20%             | 2031-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE HEALTH AND EDUCATION FACILITIES AUTHORITY ACT      | New Hampshire Health and Education Fac. Auth. Rev. Refg. (Dartmouth College) B                                                           | CUSIP: 644614RZ4<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |     70000 | PA      | $70000.00     | 0.14%             | 2041-06-01      | Variable      | 3.15%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL EDUCATION FACILITIES CORP                      | New Hope Cultural Education Fac. Finance Corporation, TX Retirement Fac. Rev. (Army Retirement Residence Foundation)                     | CUSIP: 64542UGC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $250966.35    | 0.49%             | 2052-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL EDUCATION FACILITIES CORP                      | New Hope Cultural Education Fac. Finance Corporation, TX Retirement Fac. Rev. (Bella Vida Forefront Living) A                            | CUSIP: 64542UHF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $103376.07    | 0.20%             | 2055-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY                        | New Jersey Economic Development Auth. Dock and Wharf Fac. Rev. (Repauno Port and Rail Terminal) AMT                                      | CUSIP: 64578TAA2<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    250000 | PA      | $260669.00    | 0.50%             | 2035-01-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY TRANSITIONAL FIN AUTH                              | New York City, NY Transitional Finance Auth. Rev. D                                                                                      | CUSIP: 64972JNR5<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |    300000 | PA      | $319766.67    | 0.62%             | 2052-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DORMITORY AUTHORITY OF STATE OF NEW YORK                         | New York Dormitory Auth. Rev. Refg. (Yeshiva University) A                                                                               | CUSIP: 65000BRH3<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    300000 | PA      | $306040.38    | 0.59%             | 2042-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSPORTATION DEVELOPMENT CORP                         | New York Transportation Development Corporation Exempt Fac. Rev. (State Thruway Service Areas) AMT                                       | CUSIP: 650110AE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $211560.78    | 0.41%             | 2053-04-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSPORTATION DEVELOPMENT CORP                         | New York Transportation Development Corporation Special Fac. Rev. (LaGuardia Airport Terminal C&D Redevelopment) AMT                     | CUSIP: 650116GP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $265418.53    | 0.51%             | 2040-04-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSPORTATION DEVELOPMENT CORP                         | New York Transportation Development Corporation Special Fac. Rev. (John F. Kennedy International Airport New Terminal One) AMT           | CUSIP: 650116HQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $253086.53    | 0.49%             | 2060-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA MED CARE COMMN RETIREMENT FACS                    | North Carolina Medical Care Commission Retirement Fac. First Mortgage Rev. (United Methodist Retirement Homes) A                         | CUSIP: 65820YSY3<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    250000 | PA      | $250626.38    | 0.49%             | 2054-10-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA MED CARE COMMN RETIREMENT FACS                    | North Carolina Medical Care Commission Retirement Fac. Rev. (EveryAge) B                                                                 | CUSIP: 65820YTL0<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    200000 | PA      | $200250.84    | 0.39%             | 2054-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORWOOD OHIO                                                     | Norwood, OH Special Obligation Rev. Refg. (Rockwood Exchange)                                                                            | CUSIP: 669681AC2<br>LEI: 5493000KZUQ48Z2VEE89 | Long             | DBT              | MUN               | US        |    240000 | PA      | $246767.42    | 0.48%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO CNTY W VA CNTY COMMN                                        | Ohio County, WV Commission TIF Rev. Refg. (Highlands)                                                                                    | CUSIP: 677321BU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $245017.83    | 0.47%             | 2053-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| OKALOOSA CNTY FLA                                                | Okaloosa County, FL Industrial Development Rev. (Air Force Enlisted Village, Inc.)                                                       | CUSIP: 678226AD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $253098.38    | 0.49%             | 2060-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| OMAHA NEB                                                        | Omaha, NE Various Purpose UTGO B                                                                                                         | CUSIP: 681713ED1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $428319.12    | 0.83%             | 2045-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ONEIDA INDIAN NATION                                             | Oneida Indian Nation, NY Tax Rev. B                                                                                                      | CUSIP: 682504AC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $270160.13    | 0.52%             | 2043-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ORANGE CNTY FLA HEALTH FACS AUTH                                 | Orange County, FL Health Fac. Auth. Rev. Refg. (Presbyterian Retirement Communities Obligated Group)                                     | CUSIP: 68450LJC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $246989.80    | 0.48%             | 2054-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ORANGE CNTY FLA HEALTH FACS AUTH                                 | Orange County, FL Health Fac. Auth. Hospital Rev. (Orlando Health Obligated Group) A                                                     | CUSIP: 68450LJQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $258837.55    | 0.50%             | 2056-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| OREGON ST FACS AUTH                                              | Oregon Fac. Auth. Rev. (Southern Oregon Goodwill) A                                                                                      | CUSIP: 68608JZR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $250931.63    | 0.49%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| OSAGE CNTY OKLA INDL AUTH USE TAX REV                            | Osage County, OK Industrial Auth. Use Tax Rev.                                                                                           | CUSIP: 687672AL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $242573.67    | 0.47%             | 2040-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| OSCEOLA CNTY FLA                                                 | Osceola County, FL Transportation Rev. Refg. A-2                                                                                         | CUSIP: 688031EY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $126206.40    | 0.24%             | 2043-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| OVERLAND PARK KANS                                               | Overland Park, KS Sales Tax Special Obligation Rev. (Bluhawk Sports Park) A                                                              | CUSIP: 69030SAF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $157745.70    | 0.31%             | 2042-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PELL CITY SQUARE COOP DIST ALA                                   | Pell City Square Cooperative District, AL Rev. A                                                                                         | CUSIP: 706005AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $226722.50    | 0.44%             | 2044-04-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| PFLUGERVILLE TEX                                                 | Pflugerville, TX SAB Rev. (Meadowlark Preserve Public Improvement District)                                                              | CUSIP: 71710FAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $98248.52     | 0.19%             | 2055-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT                | Philadelphia, PA Auth. for Industrial Development Charter School Rev. Refg. (Tacony Academy Charter School)                              | CUSIP: 71780CBV1<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    250000 | PA      | $249844.88    | 0.48%             | 2043-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT                | Philadelphia, PA Auth. for Industrial Development Health Care Fac. Rev. Refg. (Greater Philadelphia Health Action, Inc.) A               | CUSIP: 71781PBR0<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    140000 | PA      | $146614.26    | 0.28%             | 2045-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PHOENIX ARIZ INDL DEV AUTH                                       | Phoenix, AZ Industrial Development Auth. Rental Housing Rev. Refg. (Christian Care Surprise, Inc.) A                                     | CUSIP: 71885LAC8<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |    250000 | PA      | $235154.33    | 0.46%             | 2055-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PORT BEAUMONT TEX NAV DIST                                       | Port Beaumont, TX Navigation District Dock and Wharf Fac. Rev. (Jefferson Gulf Coast Energy) A, AMT                                      | CUSIP: 73360CAR5<br>LEI: 549300G8PKBXALUKJY33 | Long             | DBT              | MUN               | US        |    250000 | PA      | $240158.48    | 0.46%             | 2054-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PORT GTR CINCINNATI DEV AUTH OHIO                                | Port of Greater Cincinnati, OH Development Auth. TIF Rev. (RBM Phase 3 Garage)                                                           | CUSIP: 73421NAD9<br>LEI: 549300IK2RCZBY62ST97 | Long             | DBT              | MUN               | US        |    150000 | PA      | $143742.21    | 0.28%             | 2055-12-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| SEATTLE WASHINGTON PORT OF                                       | Port of Seattle, WA Rev. Refg. B, AMT                                                                                                    | CUSIP: 7353892S6<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |    250000 | PA      | $259552.15    | 0.50%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PORT WOODLAND WASH                                               | Port of Woodland, WA Rev.                                                                                                                | CUSIP: 73565LAD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $138672.81    | 0.27%             | 2047-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PRINCE GEORGES CNTY MD                                           | Prince George's County, MD Tax Allocation (Westphalia Town Center)                                                                       | CUSIP: 74172RBN6<br>LEI: 549300NSQ1W50I0VU811 | Long             | DBT              | MUN               | US        |    200000 | PA      | $202683.80    | 0.39%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY WISCONSIN                               | Public Finance Auth., WI Charter School Rev. (Quality Education Academy) A                                                               | CUSIP: 744396JB9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    250000 | PA      | $258209.35    | 0.50%             | 2063-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY WISCONSIN                               | Public Finance Auth., WI Charter School Rev. (Founders Academy of Las Vegas) A                                                           | CUSIP: 744396JF0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    250000 | PA      | $258267.30    | 0.50%             | 2053-07-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY WISCONSIN                               | Public Finance Auth., WI Student Housing Rev. (CHF-Manoa, LLC) A                                                                         | CUSIP: 74439YEU1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    250000 | PA      | $241056.13    | 0.47%             | 2063-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY WISCONSIN                               | Public Finance Auth., WI Student Housing Fac. Rev. (Aggie Apartment Life Holding Corporation II, LLC) A                                  | CUSIP: 74439YEZ0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    250000 | PA      | $251020.95    | 0.49%             | 2054-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PUBLIC ENERGY AUTH GAS SPLY REVENUE                  | Public Energy Auth. of Kentucky Gas Supply Rev. Refg. C                                                                                  | CUSIP: 74440DGL2<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |    250000 | PA      | $271004.28    | 0.52%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY WISCONSIN                               | Public Finance Auth., WI Education Rev. (Unity Classical Charter School; A Challenge Foundation Academy)                                 | CUSIP: 74442ELG3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    250000 | PA      | $254065.85    | 0.49%             | 2058-07-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY WISCONSIN                               | Public Finance Auth., WI Education Rev. (Pinecrest Academy of Nevada; Pinecrest Academy Springs Campus) A                                | CUSIP: 74442ENV8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    230000 | PA      | $230957.77    | 0.45%             | 2033-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY WISCONSIN                               | Public Finance Auth., WI Rev. Bond Anticipation Notes (Hutsonwood at Spring Hill) A                                                      | CUSIP: 74442PC94<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |     50000 | PA      | $59647.78     | 0.12%             | 2029-05-16      | Fixed         | 12.00%                | Yes           |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY WISCONSIN                               | Public Finance Auth., WI Rev. (Mayfair) A-4                                                                                              | CUSIP: 74442PD28<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    143366 | PA      | $143796.45    | 0.28%             | 2032-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY WISCONSIN                               | Public Finance Auth., WI Rev. (Bridgewater)                                                                                              | CUSIP: 74442PD69<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |     96484 | PA      | $96797.39     | 0.19%             | 2030-12-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY WISCONSIN                               | Public Finance Auth., WI Rev. (Midtown)                                                                                                  | CUSIP: 74442PL45<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    211000 | PA      | $126154.79    | 0.24%             | 2034-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY WISCONSIN                               | Public Finance Auth., WI Rev. Refg. (Astro Texas Land)                                                                                   | CUSIP: 74442PL86<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    123003 | PA      | $122987.67    | 0.24%             | 2036-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY WISCONSIN                               | Public Finance Auth., WI Rev. CAB (Heritage Bend)                                                                                        | CUSIP: 74442PQ81<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    100000 | PA      | $31003.02     | 0.06%             | 2042-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY WISCONSIN                               | Public Finance Auth., WI Rev. (Viticus Group) A                                                                                          | CUSIP: 74442PS22<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    150000 | PA      | $153387.32    | 0.30%             | 2065-12-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY WISCONSIN                               | Public Finance Auth., WI Rev. Refg. (Legacy Hills)                                                                                       | CUSIP: 74442PS97<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    200000 | PA      | $193977.34    | 0.38%             | 2045-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY WISCONSIN                               | Public Finance Auth., WI Rev. (Fargo-Moorhead Metropolitan Area Flood Risk Management) AMT                                               | CUSIP: 74442PTG0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $400898.35    | 0.78%             | 2056-03-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY WISCONSIN                               | Public Finance Auth., WI Rev. (AFCO Airport Real Estate Group) AMT                                                                       | CUSIP: 74442PZL2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    250000 | PA      | $240000.58    | 0.46%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY WISCONSIN                               | Public Finance Auth., WI Special Fac. Rev. Refg. (Million Air Three, LLC General Aviation Fac.) A, AMT                                   | CUSIP: 74446DAM0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    250000 | PA      | $257437.60    | 0.50%             | 2046-09-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY WISCONSIN                               | Public Finance Auth., WI Limited Obligation Rev. (Town of Scarborough - The Downs)                                                       | CUSIP: 74446FAD5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    250000 | PA      | $256606.53    | 0.50%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY WISCONSIN                               | Public Finance Auth., WI Special Rev. (Lariat, Williamson County, TX)                                                                    | CUSIP: 74447TAA0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    100000 | PA      | $76995.62     | 0.15%             | 2029-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY WISCONSIN                               | Public Finance Auth., WI Special Rev. (Candela, Fort Bend County, TX)                                                                    | CUSIP: 74447TAC6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    100000 | PA      | $101383.49    | 0.20%             | 2029-12-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY WISCONSIN                               | Public Finance Auth., WI TIF Rev. (Miami WorldCenter) A                                                                                  | CUSIP: 74448EAA2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    150000 | PA      | $153137.18    | 0.30%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI TOLL REVENU                                   | Public Finance Auth., WI Toll Rev. (Georgia SR 400 Express Lanes) AMT                                                                    | CUSIP: 74448UAD0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    250000 | PA      | $258526.83    | 0.50%             | 2065-12-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP                             | Puerto Rico Sales Tax Financing Corporation Rev. A-1                                                                                     | CUSIP: 74529JPW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $241132.13    | 0.47%             | 2053-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP                             | Puerto Rico Sales Tax Financing Corporation Sales Tax Rev. A-2                                                                           | CUSIP: 74529JRL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $238480.20    | 0.46%             | 2058-07-01      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| RENO-TAHOE ARPT AUTH NEV ARPT                                    | Reno-Tahoe, NV Airport Auth. Rev. (Reno-Tahoe International Airport) A, AMT                                                              | CUSIP: 759874CL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $256222.45    | 0.50%             | 2054-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND HMFC HOMEOWNERSHIP OPPORTUNITY 1988 RES             | Rhode Island Housing & Mortgage Finance Corporation Rev. 2-A                                                                             | CUSIP: 76221SNF4<br>LEI: 254900N9FNYNPO539444 | Long             | DBT              | MUN               | US        |    300000 | PA      | $301221.30    | 0.58%             | 2027-10-01      | Variable      | 3.20%                 | No            |                  2 | On Loan: No      |
| RIVER ISLANDS PUB FING AUTH CALIF                                | River Islands, CA Public Financing Auth. Community Fac. District Special Tax                                                             | CUSIP: 76827QJZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $154593.29    | 0.30%             | 2053-09-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| ROCHESTER MINN                                                   | Rochester, MN Health Care Fac. Rev. (Mayo Clinic) A                                                                                      | CUSIP: 771902HQ9<br>LEI: 549300006EX3INSHXA95 | Long             | DBT              | MUN               | US        |    250000 | PA      | $246001.10    | 0.48%             | 2053-11-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CNTY CALIF                                            | Sacramento County, CA Airport System Rev. A, AMT                                                                                         | CUSIP: 786107XB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $416924.84    | 0.81%             | 2050-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ST JOHN BAPTIST PARISH LA                                        | St. John the Baptist Parish, LA Rev. Refg. (Marathon Oil Corporation) A-1                                                                | CUSIP: 79020FAW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200970.42    | 0.39%             | 2037-06-01      | Variable      | 4.05%                 | No            |                  2 | On Loan: No      |
| ST JOSEPH MINN                                                   | St. Joseph, MN Senior Housing & Healthcare Rev. (Woodcrest of Country Manor) A                                                           | CUSIP: 790755AL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $203838.46    | 0.39%             | 2055-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SALT RIVER PROJECT AGRICULTURAL IMPROVEMENT & POWER DISTRIC      | Salt River Project Agricultural Improvement & Power District, AZ Electric System Rev. C                                                  | CUSIP: 79574CHJ5<br>LEI: SHB8HO6GKXJ83RX5OV39 | Long             | DBT              | MUN               | US        |    250000 | PA      | $265305.25    | 0.51%             | 2055-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO TEX ED FACS CORP                                     | San Antonio, TX Education Fac. Corporation Rev. (Hallmark University) A                                                                  | CUSIP: 796247DW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $226406.00    | 0.44%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO REG AIRPORT                                            | San Diego County, CA Regional Airport Auth. Rev. B, AMT                                                                                  | CUSIP: 79739GRM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $257794.10    | 0.50%             | 2058-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SEMINOLE CNTY FLA INDL DEV AUTH                                  | Seminole County, FL Industrial Development Auth. Educational Fac. Rev. (Galileo Schools for Gifted Learning) A                           | CUSIP: 816686AM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $215922.49    | 0.42%             | 2056-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SHAKOPEE MINN                                                    | Shakopee, MN Senior Housing Rev. Refg. (Benedictine Senior Living Obligated Group - Windermere Way)                                      | CUSIP: 81919TAD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $151708.32    | 0.29%             | 2045-11-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| SKAGIT CNTY WASH PUB HOSP DIST NO 1                              | Skagit County, WA Public Hospital District No. 1 Hospital Rev. (Skagit Regional Health)                                                  | CUSIP: 830227EP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $254969.85    | 0.49%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SKYRIDGE PEGASUS INFRASTRUCTURE FINANCING DISTRICT               | SkyRidge Pegasus Infrastructure Financing District, UT SAB                                                                               | CUSIP: 83089AAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $248505.55    | 0.48%             | 2044-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST JOBS-ECON DEV AUTH                             | South Carolina Jobs-Economic Development Auth. Rev. (Bishop Gadsden Episcopal Retirement Community) A                                    | CUSIP: 837031ZA4<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    200000 | PA      | $192190.60    | 0.37%             | 2054-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST JOBS-ECON DEV AUTH                             | South Carolina Jobs-Economic Development Auth. Healthcare Rev. (Beaufort Memorial Hospital & South of Broad Healthcare)                  | CUSIP: 83704HAM9<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    300000 | PA      | $305003.49    | 0.59%             | 2054-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST JOBS-ECON DEV AUTH                             | South Carolina Jobs-Economic Development Auth. Educational Fac. Rev. Refg. (Oceanside Collegiate Academy) A                              | CUSIP: 83704MEL6<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    250000 | PA      | $225814.35    | 0.44%             | 2054-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SPARKS NEV SPL IMPT DIST NO 1                                    | Sparks, NV Special Improvement District No. 1 SAB (5 Ridges)                                                                             | CUSIP: 846561AN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $146756.87    | 0.28%             | 2054-06-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| STAMFORD CONN HSG AUTH                                           | Stamford, CT Housing Auth. Rev. Refg. (Mozaic Concierge Living) A                                                                        | CUSIP: 852640AK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $204189.78    | 0.40%             | 2055-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SUFFOLK CNTY N Y ECONOMIC DEV CORP                               | Suffolk County, NY Economic Development Corporation Rev. (St. Johnland Assisted Living, Inc.)                                            | CUSIP: 86476RDN1<br>LEI: 5493003FN78GO4R0BJ89 | Long             | DBT              | MUN               | US        |    250000 | PA      | $191134.63    | 0.37%             | 2054-11-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| SUFFOLK REGL OFF-TRACK BETTING CORP                              | Suffolk Regional Off-Track Betting Corporation, NY Rev.                                                                                  | CUSIP: 86480TAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $254910.25    | 0.49%             | 2053-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TANEY CNTY MO INDL DEV AUTH                                      | Taney County, MO Industrial Development Auth. Sales Tax Rev. (Big Cedar Infrastructure)                                                  | CUSIP: 87539QAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $248608.63    | 0.48%             | 2049-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TEX CULTURAL ED FACS FIN CORP                       | Tarrant County, TX Cultural Education Fac. Finance Corporation Hospital Rev. (Baylor Scott and White Health) D                           | CUSIP: 87638QSD2<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |    250000 | PA      | $264193.28    | 0.51%             | 2047-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TEX CULTURAL ED FACS FIN CORP                       | Tarrant County, TX Cultural Education Fac. Finance Corporation Hospital Rev. Refg. (Cook Children's Medical Center)                      | CUSIP: 87638QTK5<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |    300000 | PA      | $271304.19    | 0.53%             | 2054-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TEX CULTURAL ED FACS FIN CORP                       | Tarrant County, TX Cultural Education Fac. Finance Corporation Health Resources System Rev. Refg. A                                      | CUSIP: 87638TJQ7<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |    100000 | PA      | $103296.63    | 0.20%             | 2049-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TECH RIDGE PUBLIC INFRASTRUCTURE DISTRICT                        | Tech Ridge Public Infrastructure District, UT SAB and TIF (Tech Ridge Assessment Area)                                                   | CUSIP: 878296AA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $154805.76    | 0.30%             | 2054-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TEJON RANCH PUB FACS FIN AUTH CALIFORIA                          | Tejon Ranch, CA Public Fac. Financing Auth. Community Facs. District No. 2008-1 Special Tax Rev. Refg. (Tejon Industrial Complex - East) | CUSIP: 879083FP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $199337.46    | 0.39%             | 2054-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS WATER DEV BRD                                              | Texas Water Development Board Rev. (Master Trust)                                                                                        | CUSIP: 88285AKD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $250637.28    | 0.49%             | 2055-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MOORESTOWN TWP N J                                               | Umatilla, OR Hospital District No. 1 GO                                                                                                  | CUSIP: 904190AB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $251390.55    | 0.49%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UPPER TRINITY REGL WTR DIST TEX                                  | Upper Trinity, TX Regional Water District Water Rev. Refg. (BAM Insured)                                                                 | CUSIP: 916672Y51<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $240879.95    | 0.47%             | 2054-08-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| UTAH TELECOMMUNICATION OPEN INFRASTRUCTURE AGENCY                | Utah Infrastructure Agency Telecommunication Rev.                                                                                        | CUSIP: 917467CP5<br>LEI: 549300WD2FDRNXU16V82 | Long             | DBT              | MUN               | US        |    245000 | PA      | $264516.80    | 0.51%             | 2047-10-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| VALDEZ ALASKA                                                    | Valdez, AK Marine Terminal Rev. Refg. (ExxonMobil)                                                                                       | CUSIP: 919061EH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.19%             | 2029-12-01      | Variable      | 3.20%                 | No            |                  2 | On Loan: No      |
| VALPARAISO IND                                                   | Valparaiso, IN Exempt Fac. Rev. Refg. (Pratt Paper, LLC) AMT                                                                             | CUSIP: 92028RAF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $147201.42    | 0.28%             | 2054-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VILLAGE COMMUNITY DEVELOPMENT DISTRICT NO 15                     | Village Community Development District No. 15, Wildwood, FL SAB                                                                          | CUSIP: 92708KAE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $195574.68    | 0.38%             | 2054-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| VILLAGE COMMUNITY DEVELOPMENT DISTRICT NO 15                     | Village Community Development District No. 15, Wildwood, FL SAB                                                                          | CUSIP: 92708KAK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $190815.84    | 0.37%             | 2055-05-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ST SMALL BUSINESS FINANCING AUTHORITY                   | Virginia Small Business Financing Auth. Rev. (Transform 66 P3) AMT                                                                       | CUSIP: 928097AA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $222089.98    | 0.43%             | 2047-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ST SMALL BUSINESS FINANCING AUTHORITY                   | Virginia Small Business Financing Auth. Rev. Refg. (95 Express Lanes, LLC) AMT                                                           | CUSIP: 928104PX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $434127.15    | 0.84%             | 2048-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WAKARA RIDGE PUBLIC INFRASTRUCTURE DISTRICT                      | Wakara Ridge, UT Public Infrastructure District SAB (Wakara Ridge Assessment Area)                                                       | CUSIP: 930814AA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $203556.96    | 0.39%             | 2054-12-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| WASHINGTON STATE HOUSING FINANCE COMMISSION                      | Washington Housing Finance Commission Nonprofit Rev. Refg. (Seattle Academy of Arts and Sciences)                                        | CUSIP: 93978LGP5<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    250000 | PA      | $264872.15    | 0.51%             | 2053-07-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| WICHITA KANS                                                     | Wichita, KS Health Care Fac. Rev. Refg. (Presbyterian Manors, Inc.)                                                                      | CUSIP: 967249RN5<br>LEI: 549300Y20JVN3VP2V718 | Long             | DBT              | MUN               | US        |    130000 | PA      | $123976.74    | 0.24%             | 2050-05-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HEALTH & EDL FACS AUTH                              | Wisconsin Health & Educational Fac. Auth. Rev. Refg. (Benevolent Corporation Cedar Community)                                            | CUSIP: 97712DG83<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    240000 | PA      | $242332.42    | 0.47%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HEALTH & EDL FACS AUTH                              | Wisconsin Health & Educational Fac. Auth. Rev. (Dickson Hollow Phase II)                                                                 | CUSIP: 97712JJV6<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    250000 | PA      | $259720.90    | 0.50%             | 2049-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-26

**Name of Applicant:** Thrivent Mutual Funds

**Signature:** Sarah L. Bergstrom

**Name of Signer:** Sarah L. Bergstrom

**Title:** Treasurer and Principal Accounting Officer