# EDGAR Filing Document

**Accession Number:** 0001469192
**File Stem:** 0001752724-25-152810
**Filing Date:** 2025-6
**Character Count:** 81544
**Document Hash:** 87efba058a5d632b1cb1ee426dad3942
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-152810.hdr.sgml**: 20250624

**ACCESSION NUMBER**: 0001752724-25-152810

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250624

**DATE AS OF CHANGE**: 20250624

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NEW YORK LIFE INVESTMENTS FUNDS TRUST
- **CENTRAL INDEX KEY:** 0001469192

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22321
- **FILM NUMBER:** 251067600

**BUSINESS ADDRESS:**
- **STREET 1:** 51 MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10010
- **BUSINESS PHONE:** 212 576 7000

**MAIL ADDRESS:**
- **STREET 1:** 51 MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10010

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MAINSTAY FUNDS TRUST
- **DATE OF NAME CHANGE:** 20090728

## Series and Classes Contracts Data

### NYLI MacKay Utah Muni Fund (Series ID: S000085228)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000250191 | Class C      | UTACX           |
| C000250192 | Class I      | UTAYX           |
| C000250193 | Class Z      | UTAHX           |
| C000250194 | Class A      | UTAVX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** NEW YORK LIFE INVESTMENTS FUNDS TRUST

- **b. Investment Company Act file number:** 811-22321

- **c. CIK number of Registrant:** 0001469192

- **d. LEI of Registrant:** 549300SQRLBSUG7RD002

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

  - **Street Address 1:** 51 Madison Avenue

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10010

  - **Telephone number:** 212-576-7000

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

- **a. Name of Series:** NYLI MacKay Utah Muni Fund

- **b. EDGAR series identifier (if any):** S000085228

- **c. LEI of Series:** 2549006ZKEK442IX7A43

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-04-30

**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:** $199889558.69

**Total Liabilities:** $748281.82

**Net Assets:** $199141276.87

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -64.77000000 | **1-Year:** -675.16000000 | **5-Year:** -7209.58000000 | **10-Year:** -47981.31000000 | **30-Year:** -28879.16000000

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

- **3-Month:** -0.13000000 | **1-Year:** -19.17000000 | **5-Year:** -529.24000000 | **10-Year:** -15420.45000000 | **30-Year:** -7748.89000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000250193 | 0.88%                | -1.27%               | -0.56%               |
| Class ID C000250191 | 0.86%                | -1.30%               | -0.58%               |
| Class ID C000250194 | 0.88%                | -1.38%               | -0.56%               |
| Class ID C000250192 | 0.90%                | -1.35%               | -0.54%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-94143.33               | $1344584.51                                |
| Month 2  | $-125672.52              | $-3244194.66                               |
| Month 3  | $-339595.20              | $-1383861.88                               |

**Designated Index Information**

- **Index Name:** Bloomberg Municipal (1-15 Y)

- **Index Identifier:** LEH__LHMN6112

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Matching Fund Special Purpose Securitization Corp.                                        | Matching Fund Special Purpose Securitization Corp., Series A                                        | CUSIP: 57665NAG0<br>LEI: N/A                  | Long             | DBT              | MUN               | VI        |   2545000 | PA      | $2518136.51   | 1.26%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Weber                                                                           | County of Weber                                                                                     | CUSIP: 947664AU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    920000 | PA      | $921625.09    | 0.46%             | 2028-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Alaska Municipal Bond Bank Authority                                                      | Alaska Municipal Bond Bank Authority, Series 1                                                      | CUSIP: 01179RYS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    590000 | PA      | $600147.00    | 0.30%             | 2032-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Consolidated Municipalities Electric Power Systems Joint Powers Board                     | Consolidated Municipalities Electric Power Systems Joint Powers Board                               | CUSIP: 210295EU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $271122.05    | 0.14%             | 2037-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of West Valley City                                                                  | City of West Valley City                                                                            | CUSIP: 95640TCS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3225000 | PA      | $1839235.88   | 0.92%             | 2035-07-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Utah Municipal Power Agency                                                               | Utah Municipal Power Agency, Series B                                                               | CUSIP: 91756TAF8<br>LEI: 549300ZRZ5YVJ6KNNV32 | Long             | DBT              | MUN               | US        |   2900000 | PA      | $2925250.01   | 1.47%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Fairview                                                                          | City of Fairview                                                                                    | CUSIP: 306011AD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $579792.65    | 0.29%             | 2046-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City                                                                    | City of Salt Lake City                                                                              | CUSIP: 795604AT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008149.40   | 0.51%             | 2035-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Jacksonville                                                                      | City of Jacksonville, Series C                                                                      | CUSIP: 469487TY8<br>LEI: 549300XQE0JVN9WV0J40 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1098808.00   | 0.55%             | 2037-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Utah State Building Ownership Authority                                                   | Utah State Building Ownership Authority                                                             | CUSIP: 917547YX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $982290.50    | 0.49%             | 2026-05-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Utah Charter School Finance Authority                                                     | Utah Charter School Finance Authority, Series A                                                     | CUSIP: 91754T2J1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $792884.50    | 0.40%             | 2040-04-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Mapleton City                                                                     | City of Mapleton City                                                                               | CUSIP: 565433AG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1255000 | PA      | $1088377.29   | 0.55%             | 2036-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| South Dakota Housing Development Authority                                                | South Dakota Housing Development Authority, Series C                                                | CUSIP: 83756LBH7<br>LEI: 549300G853EK61667C18 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1106030.40   | 0.56%             | 2055-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Alaska Municipal Bond Bank Authority                                                      | Alaska Municipal Bond Bank Authority, Series 1                                                      | CUSIP: 01179RYR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    565000 | PA      | $576106.04    | 0.29%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                               | Commonwealth of Puerto Rico                                                                         | CUSIP: 74514L4C8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |   1158360 | PA      | $710943.14    | 0.36%             | 2051-11-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government of Nashville & Davidson County                                    | Metropolitan Government of Nashville & Davidson County                                              | CUSIP: 592112RB4<br>LEI: 549300GW8FVQJ3DU6O10 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $948104.40    | 0.48%             | 2029-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp.                                                                        | Utah Housing Corp., Series D-2                                                                      | CUSIP: 9174366X0<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |    480000 | PA      | $476918.54    | 0.24%             | 2036-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Houston                                                                           | City of Houston, Series B                                                                           | CUSIP: 442349HY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011944.90   | 0.51%             | 2038-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Utah Associated Municipal Power Systems                                                   | Utah Associated Municipal Power Systems                                                             | CUSIP: 917328RG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    905000 | PA      | $905866.54    | 0.45%             | 2032-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                       | U.S. Treasury Long Bonds                                                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -20 | NC      | $49754.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Reno-Tahoe Airport Authority                                                              | Reno-Tahoe Airport Authority, Series A                                                              | CUSIP: 759874BY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1265754.00   | 0.64%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Charter School Finance Authority                                                     | Utah Charter School Finance Authority, Series A                                                     | CUSIP: 91754TZ63<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1470000 | PA      | $1507481.77   | 0.76%             | 2039-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                                         | Antonio B Won Pat International Airport Authority, Series B                                         | CUSIP: 40064RGR4<br>LEI: N/A                  | Long             | DBT              | MUN               | GU        |    100000 | PA      | $102589.46    | 0.05%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Transit Authority                                                                    | Utah Transit Authority, Series A                                                                    | CUSIP: 917567FB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1560000 | PA      | $1562813.77   | 0.78%             | 2037-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp.                                                        | Tennessee Energy Acquisition Corp.                                                                  | CUSIP: 880443JE7<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1100447.92   | 0.55%             | 2049-11-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Herriman City                                                                     | City of Herriman City, Series B                                                                     | CUSIP: 427754BU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2135000 | PA      | $2138396.79   | 1.07%             | 2030-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Dreyfus Government Cash Management - Institutional Shares                                 | Dreyfus Government Cash Management - Institutional Shares                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |   3097636 | NS      | $3097636.31   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                                         | Antonio B Won Pat International Airport Authority, Series B                                         | CUSIP: 40064RGL7<br>LEI: N/A                  | Long             | DBT              | MUN               | GU        |    100000 | PA      | $105834.51    | 0.05%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Intermountain Power Agency                                                                | Intermountain Power Agency, Series A                                                                | CUSIP: 45884AG31<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1535000 | PA      | $1605114.35   | 0.81%             | 2045-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lehi Local Building Authority                                                             | Lehi Local Building Authority                                                                       | CUSIP: 52475CAF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $318541.56    | 0.16%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of St. George                                                                        | City of St. George                                                                                  | CUSIP: 851922BA1<br>LEI: 5493000P9OIY2JDS4K57 | Long             | DBT              | MUN               | US        |   1770000 | PA      | $1884398.29   | 0.95%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington County Municipal Building Authority                                            | Washington County Municipal Building Authority                                                      | CUSIP: 938714BD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $513595.65    | 0.26%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Valley Water Reclamation Facility                                                 | Central Valley Water Reclamation Facility, Series B                                                 | CUSIP: 155796BT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1025000 | PA      | $963890.83    | 0.48%             | 2033-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Utah Charter School Finance Authority                                                     | Utah Charter School Finance Authority                                                               | CUSIP: 91754T2M4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $964631.00    | 0.48%             | 2037-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Utah Charter School Finance Authority                                                     | Utah Charter School Finance Authority                                                               | CUSIP: 91754TJ95<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1400958.16   | 0.70%             | 2029-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Associated Municipal Power Systems                                                   | Utah Associated Municipal Power Systems                                                             | CUSIP: 917328RJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    745000 | PA      | $745643.83    | 0.37%             | 2034-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Infrastructure Agency                                                                | Utah Infrastructure Agency                                                                          | CUSIP: 917467DC3<br>LEI: 549300WD2FDRNXU16V82 | Long             | DBT              | MUN               | US        |    750000 | PA      | $773119.95    | 0.39%             | 2048-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Intermountain Power Agency                                                                | Intermountain Power Agency, Series A                                                                | CUSIP: 45884AF99<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1740000 | PA      | $1825046.15   | 0.92%             | 2043-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Weber                                                                           | County of Weber                                                                                     | CUSIP: 947664AV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3770000 | PA      | $3776596.37   | 1.90%             | 2033-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Utah Charter School Finance Authority                                                     | Utah Charter School Finance Authority                                                               | CUSIP: 91754TGT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000724.80   | 0.50%             | 2037-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Utah (The)                                                                  | University of Utah (The), Series B                                                                  | CUSIP: 9151833S4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1060000 | PA      | $1106757.24   | 0.56%             | 2048-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Nevada                                                                           | State of Nevada, Series C                                                                           | CUSIP: 641480PA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $822542.40    | 0.41%             | 2041-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City                                                                    | City of Salt Lake City, Series A                                                                    | CUSIP: 795576LG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $175340.29    | 0.09%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Logan City School District                                                                | Logan City School District                                                                          | CUSIP: 540567JL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1383239.39   | 0.69%             | 2030-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Port Arthur                                                                       | City of Port Arthur                                                                                 | CUSIP: 733488Y38<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1041138.30   | 0.52%             | 2041-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Charter School Finance Authority                                                     | Utah Charter School Finance Authority                                                               | CUSIP: 91754TNC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1500522.15   | 0.75%             | 2035-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wolf Creek Infrastructure Financing District No. 1                                        | Wolf Creek Infrastructure Financing District No. 1                                                  | CUSIP: 977695AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1945760.80   | 0.98%             | 2044-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                                     | Puerto Rico Sales Tax Financing Corp., Series A-1                                                   | CUSIP: 74529JPV1<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |    868000 | PA      | $820520.14    | 0.41%             | 2040-07-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Ogden City Municipal Building Authority                                                   | Ogden City Municipal Building Authority, Series A                                                   | CUSIP: 676291BN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1040351.40   | 0.52%             | 2043-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Charter School Finance Authority                                                     | Utah Charter School Finance Authority                                                               | CUSIP: 91754TJZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1095000 | PA      | $1095108.19   | 0.55%             | 2038-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Charter School Finance Authority                                                     | Utah Charter School Finance Authority                                                               | CUSIP: 91754TSZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4600000 | PA      | $4362107.32   | 2.19%             | 2047-03-15      | Fixed         | 5.60%                 | Yes           |                  2 | On Loan: No      |
| Utah Charter School Finance Authority                                                     | Utah Charter School Finance Authority, Series A                                                     | CUSIP: 91754T2K8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1080000 | PA      | $1047239.60   | 0.53%             | 2035-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                               | Commonwealth of Puerto Rico                                                                         | CUSIP: 74514L3T2<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |   2112857 | PA      | $1265073.21   | 0.64%             | 2043-11-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Utah Charter School Finance Authority                                                     | Utah Charter School Finance Authority                                                               | CUSIP: 91754TJX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    855000 | PA      | $855415.44    | 0.43%             | 2029-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Infrastructure Agency                                                                | Utah Infrastructure Agency                                                                          | CUSIP: 917467BM3<br>LEI: 549300WD2FDRNXU16V82 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $878080.00    | 0.44%             | 2042-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Utah Infrastructure Agency                                                                | Utah Infrastructure Agency                                                                          | CUSIP: 917467BK7<br>LEI: 549300WD2FDRNXU16V82 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $951970.80    | 0.48%             | 2036-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Utah Associated Municipal Power Systems                                                   | Utah Associated Municipal Power Systems                                                             | CUSIP: 917328RE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    795000 | PA      | $795774.73    | 0.40%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Salt Lake City Local Building Authority                                                   | Salt Lake City Local Building Authority, Series A                                                   | CUSIP: 795589CA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    395000 | PA      | $395782.97    | 0.20%             | 2032-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Utah Infrastructure Agency                                                                | Utah Infrastructure Agency                                                                          | CUSIP: 917467DA7<br>LEI: 549300WD2FDRNXU16V82 | Long             | DBT              | MUN               | US        |    555000 | PA      | $582461.62    | 0.29%             | 2039-10-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lehi Local Building Authority                                                             | Lehi Local Building Authority                                                                       | CUSIP: 52475CAG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $536587.85    | 0.27%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Transit Authority                                                                    | Utah Transit Authority                                                                              | CUSIP: 917567CJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2166470.40   | 1.09%             | 2032-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp.                                                                        | Utah Housing Corp., Series G                                                                        | CUSIP: 917437MA0<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |   3475000 | PA      | $3839120.93   | 1.93%             | 2055-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City                                                                    | City of Salt Lake City                                                                              | CUSIP: 795604CJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $505757.55    | 0.25%             | 2037-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Utah Infrastructure Agency                                                                | Utah Infrastructure Agency                                                                          | CUSIP: 917471BF0<br>LEI: 549300WD2FDRNXU16V82 | Long             | DBT              | MUN               | US        |   1115000 | PA      | $1127893.08   | 0.57%             | 2032-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Eagle Mountain City                                                               | City of Eagle Mountain City                                                                         | CUSIP: 26970UBS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $90094.64     | 0.05%             | 2028-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Utah Charter School Finance Authority                                                     | Utah Charter School Finance Authority, Series A                                                     | CUSIP: 91754TKD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3280000 | PA      | $3279850.10   | 1.65%             | 2044-11-15      | Fixed         | 5.85%                 | Yes           |                  2 | On Loan: No      |
| Utah Transit Authority                                                                    | Utah Transit Authority, Series C                                                                    | CUSIP: 917565EU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $213529.91    | 0.11%             | 2032-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Utah Charter School Finance Authority                                                     | Utah Charter School Finance Authority, Series A                                                     | CUSIP: 91754TX40<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $881546.90    | 0.44%             | 2046-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Intermountain Power Agency                                                                | Intermountain Power Agency, Series A                                                                | CUSIP: 45884AA86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1095000 | PA      | $1161339.15   | 0.58%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp.                                                                        | Utah Housing Corp., Series A                                                                        | CUSIP: 917437RU1<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |   2025000 | PA      | $2242369.17   | 1.13%             | 2055-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Intermountain Power Agency                                                                | Intermountain Power Agency, Series A                                                                | CUSIP: 45884AF81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20559.74     | 0.01%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp.                                                                        | Utah Housing Corp., Series B-1, Class II                                                            | CUSIP: 917436X69<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15002.59     | 0.01%             | 2032-07-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Salt Lake City Local Building Authority                                                   | Salt Lake City Local Building Authority, Series A                                                   | CUSIP: 795589CU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $615064.92    | 0.31%             | 2032-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                                         | Antonio B Won Pat International Airport Authority, Series A                                         | CUSIP: 40064RFT1<br>LEI: N/A                  | Long             | DBT              | MUN               | GU        |    175000 | PA      | $182634.38    | 0.09%             | 2037-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Tennessee Housing Development Agency                                                      | Tennessee Housing Development Agency, Series 3-C                                                    | CUSIP: 88046KPP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $999963.30    | 0.50%             | 2056-01-01      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| Salt Lake City Local Building Authority                                                   | Salt Lake City Local Building Authority, Series A                                                   | CUSIP: 795589CV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1097709.70   | 0.55%             | 2035-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Weber State University                                                                    | Weber State University                                                                              | CUSIP: 947673GQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $792163.20    | 0.40%             | 2029-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Governmental Utility Authority                                                    | Florida Governmental Utility Authority                                                              | CUSIP: 34281PRH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500742.05    | 0.25%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                                         | Territory of Guam, Series F                                                                         | CUSIP: 40065NCQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | GU        |   1300000 | PA      | $1243117.20   | 0.62%             | 2036-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp.                                                    | Clifton Higher Education Finance Corp.                                                              | CUSIP: 187145MK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1508716.28   | 0.76%             | 2041-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                               | Washington State Housing Finance Commission, Series 2                                               | CUSIP: 93978UAA4<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   2491336 | PA      | $2293561.71   | 1.15%             | 2040-03-20      | Variable      | 4.08%                 | No            |                  2 | On Loan: No      |
| Reno-Tahoe Airport Authority                                                              | Reno-Tahoe Airport Authority, Series A                                                              | CUSIP: 759874CG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1037952.40   | 0.52%             | 2042-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Commonwealth Aqueduct & Sewer Authority                                       | Puerto Rico Commonwealth Aqueduct & Sewer Authority, Series A                                       | CUSIP: 745160UE9<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |    635000 | PA      | $546067.55    | 0.27%             | 2042-07-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| County of Utah                                                                            | County of Utah, Series C                                                                            | CUSIP: 917393CY4<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |    300000 | PA      | $300000.00    | 0.15%             | 2058-05-15      | Variable      | 2.40%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp. V                                          | Texas Municipal Gas Acquisition & Supply Corp. V                                                    | CUSIP: 88256RAK2<br>LEI: 254900XZ4J30QIJO9G03 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4160920.80   | 2.09%             | 2055-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Board of Higher Education                                                            | Utah Board of Higher Education                                                                      | CUSIP: 91754RYW1<br>LEI: 549300SAYC054T80UK17 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1802258.46   | 0.91%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Jordan Municipal Building Authority                                                  | West Jordan Municipal Building Authority                                                            | CUSIP: 953527CE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020311.90   | 0.51%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Pennington                                                                      | County of Pennington, Series A                                                                      | CUSIP: 708292LS4<br>LEI: 5493002VJKRPNCQRDW60 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1027001.80   | 0.52%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Charter School Finance Authority                                                     | Utah Charter School Finance Authority                                                               | CUSIP: 91754TSY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2350000 | PA      | $2298961.06   | 1.15%             | 2037-03-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Washington County Municipal Building Authority                                            | Washington County Municipal Building Authority                                                      | CUSIP: 938714BE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $513595.65    | 0.26%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Charter School Finance Authority                                                     | Utah Charter School Finance Authority, Series A                                                     | CUSIP: 91754TKC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1655000 | PA      | $1655411.10   | 0.83%             | 2034-11-15      | Fixed         | 5.55%                 | Yes           |                  2 | On Loan: No      |
| San Jacinto River Authority                                                               | San Jacinto River Authority                                                                         | CUSIP: 798055TQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000915.10   | 0.50%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brazos Higher Education Authority, Inc.                                                   | Brazos Higher Education Authority, Inc., Series 1-A                                                 | CUSIP: 10623ACP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2619755.00   | 1.32%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Infrastructure Agency                                                                | Utah Infrastructure Agency                                                                          | CUSIP: 917467CZ3<br>LEI: 549300WD2FDRNXU16V82 | Long             | DBT              | MUN               | US        |    535000 | PA      | $571468.97    | 0.29%             | 2036-10-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Housing Finance Authority                                               | Miami-Dade County Housing Finance Authority, Series A                                               | CUSIP: 593344BZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $738565.88    | 0.37%             | 2046-03-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| County of Iron                                                                            | County of Iron                                                                                      | CUSIP: 462791AV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3126401.40   | 1.57%             | 2049-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lehi Local Building Authority                                                             | Lehi Local Building Authority                                                                       | CUSIP: 52475CAP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $242159.58    | 0.12%             | 2037-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Galveston                                                                         | City of Galveston, Series A                                                                         | CUSIP: 364568KF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1828956.68   | 0.92%             | 2044-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| West Jordan Municipal Building Authority                                                  | West Jordan Municipal Building Authority                                                            | CUSIP: 953527CK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012430.00   | 0.51%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Valley City Redevelopment Agency                                                     | West Valley City Redevelopment Agency                                                               | CUSIP: 95641RAR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1885000 | PA      | $1912489.33   | 0.96%             | 2036-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Reno-Tahoe Airport Authority                                                              | Reno-Tahoe Airport Authority, Series A                                                              | CUSIP: 759874CK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2075000 | PA      | $2103941.69   | 1.06%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GDB Debt Recovery Authority of Puerto Rico                                                | GDB Debt Recovery Authority of Puerto Rico                                                          | CUSIP: 36829QAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |    293501 | PA      | $283706.02    | 0.14%             | 2040-08-20      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Main Street Market Square Redevelopment Authority                                         | Main Street Market Square Redevelopment Authority                                                   | CUSIP: 26118RAK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006111.90   | 0.51%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Infrastructure Agency                                                                | Utah Infrastructure Agency                                                                          | CUSIP: 917467DB5<br>LEI: 549300WD2FDRNXU16V82 | Long             | DBT              | MUN               | US        |    750000 | PA      | $781944.45    | 0.39%             | 2044-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Utah Infrastructure Agency                                                                | Utah Infrastructure Agency                                                                          | CUSIP: 917471BH6<br>LEI: 549300WD2FDRNXU16V82 | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1097786.59   | 0.55%             | 2042-10-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Utah Charter School Finance Authority                                                     | Utah Charter School Finance Authority                                                               | CUSIP: 91754TRE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3795000 | PA      | $3797423.87   | 1.91%             | 2046-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Valley Water Reclamation Facility                                                 | Central Valley Water Reclamation Facility, Series B                                                 | CUSIP: 155796BU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1215000 | PA      | $1161945.81   | 0.58%             | 2032-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Utah Board of Higher Education                                                            | Utah Board of Higher Education                                                                      | CUSIP: 91754R2L0<br>LEI: 549300SAYC054T80UK17 | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1216476.53   | 0.61%             | 2036-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Hillsborough County Aviation Authority                                                    | Hillsborough County Aviation Authority, Series B                                                    | CUSIP: 432308W83<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2070640.00   | 1.04%             | 2044-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City                                                                    | City of Salt Lake City, Series A                                                                    | CUSIP: 795576LT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2125000 | PA      | $2271528.10   | 1.14%             | 2036-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Health & Educational Facilities Board | Metropolitan Government Nashville & Davidson County Health & Educational Facilities Board, Series B | CUSIP: 592113CR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1380807.86   | 0.69%             | 2045-02-01      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| Utah Charter School Finance Authority                                                     | Utah Charter School Finance Authority, Series A                                                     | CUSIP: 91754T2L6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1420000 | PA      | $1361065.46   | 0.68%             | 2033-10-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Midvale Redevelopment Agency                                                              | Midvale Redevelopment Agency                                                                        | CUSIP: 598113BQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1230000 | PA      | $1278502.59   | 0.64%             | 2031-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Duchesne County School District                                                           | Duchesne County School District                                                                     | CUSIP: 26410TAQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $774936.68    | 0.39%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee Housing Development Agency                                                      | Tennessee Housing Development Agency, Series 2-B                                                    | CUSIP: 880461HJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1231103.25   | 0.62%             | 2038-01-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp.                                                                        | Utah Housing Corp., Series A                                                                        | CUSIP: 917437BL8<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |    950000 | PA      | $1005425.66   | 0.50%             | 2053-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Commonwealth Aqueduct & Sewer Authority                                       | Puerto Rico Commonwealth Aqueduct & Sewer Authority, Series B                                       | CUSIP: 745160TH4<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   1650000 | PA      | $1420598.69   | 0.71%             | 2042-07-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Utah State Building Ownership Authority                                                   | Utah State Building Ownership Authority                                                             | CUSIP: 917547ZA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $972145.80    | 0.49%             | 2029-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                               | Commonwealth of Puerto Rico, Series A-1                                                             | CUSIP: 74514L3N5<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |   2698000 | PA      | $2299675.37   | 1.15%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Utah Charter School Finance Authority                                                     | Utah Charter School Finance Authority                                                               | CUSIP: 91754TVZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $502508.30    | 0.25%             | 2025-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Mesquite                                                                          | City of Mesquite                                                                                    | CUSIP: 590739AR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5015.80      | 0.00%             | 2025-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                                     | Puerto Rico Sales Tax Financing Corp., Series A-2                                                   | CUSIP: 74529JRH0<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   2957000 | PA      | $2780420.08   | 1.40%             | 2040-07-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| Utah Charter School Finance Authority                                                     | Utah Charter School Finance Authority                                                               | CUSIP: 91754TSX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    295000 | PA      | $294040.51    | 0.15%             | 2027-03-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| University of Utah (The)                                                                  | University of Utah (The), Series A                                                                  | CUSIP: 915183WW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500192.70    | 0.25%             | 2036-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Midvale Redevelopment Agency                                                              | Midvale Redevelopment Agency                                                                        | CUSIP: 598113BD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1030125.90   | 0.52%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City                                                                    | City of Salt Lake City, Series A                                                                    | CUSIP: 795576HJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1475000 | PA      | $1490552.84   | 0.75%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Intermountain Power Agency                                                                | Intermountain Power Agency, Series A                                                                | CUSIP: 45884AB77<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1770000 | PA      | $1822164.38   | 0.92%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Duchesne County School District                                                           | Duchesne County School District                                                                     | CUSIP: 26410TAS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $731185.80    | 0.37%             | 2038-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Utah Infrastructure Agency                                                                | Utah Infrastructure Agency                                                                          | CUSIP: 917467BV3<br>LEI: 549300WD2FDRNXU16V82 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $983553.60    | 0.49%             | 2030-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| West Valley City Municipal Building Authority                                             | West Valley City Municipal Building Authority                                                       | CUSIP: 95640EJE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1021629.40   | 0.51%             | 2034-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Knoxville                                                                         | City of Knoxville, Series EE                                                                        | CUSIP: 499818H70<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1555000 | PA      | $1444873.19   | 0.73%             | 2029-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Utah Infrastructure Agency                                                                | Utah Infrastructure Agency                                                                          | CUSIP: 917462AK9<br>LEI: 549300WD2FDRNXU16V82 | Long             | DBT              | MUN               | US        |    500000 | PA      | $523542.10    | 0.26%             | 2030-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City                                                                    | City of Salt Lake City                                                                              | CUSIP: 795604AR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1412858.30   | 0.71%             | 2033-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp.                                                                        | Utah Housing Corp., Series B-1, Class I                                                             | CUSIP: 917436W37<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |    470000 | PA      | $470200.46    | 0.24%             | 2034-07-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City                                                                    | City of Salt Lake City                                                                              | CUSIP: 795604DJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2215000 | PA      | $2357395.04   | 1.18%             | 2044-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Nevada                                                                           | State of Nevada, Series C                                                                           | CUSIP: 641480NZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $845518.10    | 0.42%             | 2040-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Utah Charter School Finance Authority                                                     | Utah Charter School Finance Authority                                                               | CUSIP: 91754TJY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1095000 | PA      | $1095283.17   | 0.55%             | 2034-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City                                                                    | City of Salt Lake, Series A                                                                         | CUSIP: 795576HM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2317508.52   | 1.16%             | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| University of Utah (The)                                                                  | University of Utah (The), Series B-1                                                                | CUSIP: 915183XW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1524830.10   | 0.77%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade                                                                      | County of Miami-Dade, Series A-1                                                                    | CUSIP: 59335KDE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $967048.30    | 0.49%             | 2041-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Southeast Alaska Power Agency                                                             | Southeast Alaska Power Agency                                                                       | CUSIP: 84131QBF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1171647.95   | 0.59%             | 2030-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Mida Golf and Equestrian Center Public Infrastructure District                            | Mida Golf and Equestrian Center Public Infrastructure District                                      | CUSIP: 59561BAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2205000 | PA      | $1740735.27   | 0.87%             | 2041-06-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Consolidated Municipalities Electric Power Systems Joint Powers Board                     | Consolidated Municipalities Electric Power Systems Joint Powers Board, Series A                     | CUSIP: 210295DX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000915.10   | 0.50%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Housing Finance Agency                                               | District of Columbia Housing Finance Agency, Series B                                               | CUSIP: 25477TBB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1041449.20   | 0.52%             | 2029-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Infrastructure Agency                                                                | Utah Infrastructure Agency                                                                          | CUSIP: 917467BJ0<br>LEI: 549300WD2FDRNXU16V82 | Long             | DBT              | MUN               | US        |   1380000 | PA      | $1336103.72   | 0.67%             | 2034-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Utah Charter School Finance Authority                                                     | Utah Charter School Finance Authority                                                               | CUSIP: 91754TUM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $502752.25    | 0.25%             | 2037-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Tooele                                                                          | County of Tooele                                                                                    | CUSIP: 890345BP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $780402.98    | 0.39%             | 2041-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Herriman City                                                                     | City of Herriman City, Series B                                                                     | CUSIP: 427754BV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1515000 | PA      | $1519480.92   | 0.76%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah State University                                                                     | Utah State University, Series B                                                                     | CUSIP: 917563UF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2055000 | PA      | $1818744.05   | 0.91%             | 2036-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas Housing Finance Corp.                                                      | City of Dallas Housing Finance Corp., Series A                                                      | CUSIP: 235298BW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3825000 | PA      | $3824636.63   | 1.92%             | 2041-10-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp.                                                                        | Utah Housing Corp., Series C                                                                        | CUSIP: 917437GR0<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1962497.60   | 0.99%             | 2044-01-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Utah Charter School Finance Authority                                                     | Utah Charter School Finance Authority                                                               | CUSIP: 91754TMH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1304160.91   | 0.65%             | 2035-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alaska Industrial Development & Export Authority                                          | Alaska Industrial Development & Export Authority, Series A                                          | CUSIP: 011903HE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010652.60   | 0.51%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Watertown                                                                         | City of Watertown                                                                                   | CUSIP: 94216PLK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    830000 | PA      | $744045.53    | 0.37%             | 2034-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| West Valley City Municipal Building Authority                                             | West Valley City Municipal Building Authority                                                       | CUSIP: 95640EKA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $310769.85    | 0.16%             | 2034-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ogden City School District Municipal Building Authority                                   | Ogden City School District Municipal Building Authority                                             | CUSIP: 676303CJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1166720.18   | 0.59%             | 2030-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Campbell                                                                        | County of Campbell, Series A                                                                        | CUSIP: 134340AB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1311201.90   | 0.66%             | 2039-07-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Grand County School District Local Building Authority                                     | Grand County School District Local Building Authority                                               | CUSIP: 385375AP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1665000 | PA      | $1676600.39   | 0.84%             | 2034-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-30

**Name of Applicant:** NEW YORK LIFE INVESTMENTS FUNDS TRUST

**Signature:** Jack Benintende

**Name of Signer:** Jack Benintende

**Title:** Treasurer