# EDGAR Filing Document

**Accession Number:** 0001485894
**File Stem:** 0002071691-25-004166
**Filing Date:** 2025-10
**Character Count:** 685845
**Document Hash:** ccc2ad01ab385d75f730a910a0a0a898
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-25-004166.hdr.sgml**: 20251029

**ACCESSION NUMBER**: 0002071691-25-004166

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251029

**DATE AS OF CHANGE**: 20251029

**PERIOD START**: 20260228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** J.P. Morgan Exchange-Traded Fund Trust
- **CENTRAL INDEX KEY:** 0001485894

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22903
- **FILM NUMBER:** 251429180

**BUSINESS ADDRESS:**
- **STREET 1:** 277 PARK AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10172
- **BUSINESS PHONE:** (800) 480-4111

**MAIL ADDRESS:**
- **STREET 1:** 277 PARK AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10172

## Series and Classes Contracts Data

### JPMorgan Municipal ETF (Series ID: S000063268)

| Class ID   | Class Name             | Ticker Symbol   |
|:---|:---|:---|
| C000205215 | JPMorgan Municipal ETF | JMUB            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** J.P. Morgan Exchange-Traded Fund Trust

- **b. Investment Company Act file number:** 811-22903

- **c. CIK number of Registrant:** 0001485894

- **d. LEI of Registrant:** 5493001E1K1DVWDV2464

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

  - **Street Address 1:** 277 Park Avenue

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10172

  - **Telephone number:** 844-457-6383

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

- **a. Name of Series:** JPMorgan Municipal ETF

- **b. EDGAR series identifier (if any):** S000063268

- **c. LEI of Series:** 549300Q4RKBDH0NJBG14

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

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

- **b. Date as of which information is reported:** 2025-08-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $3558928763.09

**Total Liabilities:** $57983406.14

**Net Assets:** $3500945356.95

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 1842.22150000 | **1-Year:** 89039.54306000 | **5-Year:** 414271.46720000 | **10-Year:** 1077173.72549000 | **30-Year:** 216391.88397000

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

- **3-Month:** 315.71282000 | **1-Year:** 4379.72456000 | **5-Year:** 22432.87217000 | **10-Year:** 45121.32751000 | **30-Year:** 167894.67646000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000205215 | 0.71%                | -0.27%               | 0.75%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1452125.79             | $12714343.45                               |
| Month 2  | $-3342767.87             | $-14430077.63                              |
| Month 3  | $-3707285.98             | $17989503.99                               |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| City of Ann Arbor MI Water Supply System Revenue                                      | City of Ann Arbor                                                                                                                                      | CUSIP: 035573YG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1515000 | PA      | $1409134.83   | 0.04%             | 2042-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Florida State Board of Governors                                                      | Florida State Board of Governors, University of Florida Mandatory Student Fee, Series 2021A                                                            | CUSIP: 34157SBJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $107607.85    | 0.00%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority, Eskaton Properties, Inc. Obligated Group, Series 2024                                                          | CUSIP: 13048VY77<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1105000 | PA      | $1190013.62   | 0.03%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp.                            | Tarrant County Cultural Education Facilities Finance Corp., Christus Health, Series 2024B                                                              | CUSIP: 87638THL0<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   2360000 | PA      | $2454563.78   | 0.07%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Health and Educational Building Corp.                                    | Rhode Island Health and Educational Building Corp., Lifespan Obligated Group, Series 2024                                                              | CUSIP: 762244ME8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $999947.20    | 0.03%             | 2042-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Palm Beach FL                                                               | County of Palm Beach, Series 2021A                                                                                                                     | CUSIP: 696543TN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2070000 | PA      | $2168243.65   | 0.06%             | 2032-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                        | Lower Colorado River Authority, Series 2024                                                                                                            | CUSIP: 54811GM64<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1016972.60   | 0.03%             | 2026-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Lakeville MN                                                                  | City of Lakeville, Series 2024A                                                                                                                        | CUSIP: 5124456H5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1455000 | PA      | $1620311.28   | 0.05%             | 2034-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Springfield School District No. R-12                                                  | Springfield School District No. R-12                                                                                                                   | CUSIP: 851035VK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1686548.34   | 0.05%             | 2042-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Melissa Independent School District                                                   | Melissa Independent School District, Unlimited Tax, Series 2023                                                                                        | CUSIP: 585488YQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1047897.40   | 0.03%             | 2041-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                                   | City of New York, Fiscal Year 2024, Series 2024D                                                                                                       | CUSIP: 64966SCP9<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   2350000 | PA      | $2465321.32   | 0.07%             | 2049-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government of Nashville & Davidson County TN Water & Sewer Revenue       | Metropolitan Government of Nashville and Davidson County Water and Sewer                                                                               | CUSIP: 5920983G0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2171664.00   | 0.06%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Gouverneur Central School District                                                    | Gouverneur Central School District                                                                                                                     | CUSIP: 383622DS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10096419.00  | 0.29%             | 2026-07-16      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Chicago Midway International Airport                                                  | Chicago Midway International Airport, Senior Lien, Series 2023A                                                                                        | CUSIP: 167562RU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1545000 | PA      | $1661336.49   | 0.05%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Fort Bend TX Toll Road Revenue                                              | County of Fort Bend Toll Road, Senior Lien                                                                                                             | CUSIP: 346817FP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2555496.25   | 0.07%             | 2044-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                               | Municipal Electric Authority of Georgia, Plant Vogtle Units 3 and 4 Project, Series 2019A                                                              | CUSIP: 62620HDH2<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $989003.40    | 0.03%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village of Scotia NY                                                                  | Village of Scotia                                                                                                                                      | CUSIP: 809273DS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3030122.10   | 0.09%             | 2026-06-26      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Texas Public Finance Authority                                                        | Texas Public Finance Authority, Texas Southern University, Series 2023                                                                                 | CUSIP: 88277PAN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $646902.31    | 0.02%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                                   | City of New York, Fiscal Year 2018, Series 2018F-1                                                                                                     | CUSIP: 64966MZN2<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    105000 | PA      | $109514.96    | 0.00%             | 2033-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Redding Joint Powers Financing Authority                                              | Redding Joint Powers Financing Authority, Series 2019A                                                                                                 | CUSIP: 757288GR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101558.65    | 0.00%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority, White Plains Hospital                                                                                              | CUSIP: 65000B7Y8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020052.40   | 0.03%             | 2054-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Chautauqua Tobacco Asset Securitization Corp.                                         | Chautauqua Tobacco Asset Securitization Corp., Series 2014                                                                                             | CUSIP: 162564BB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2975000 | PA      | $2254821.22   | 0.06%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of El Paso TX Water & Sewer Revenue                                              | City of El Paso Water Sewer, Series 2023                                                                                                               | CUSIP: 283822YB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2572718.25   | 0.07%             | 2049-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                          | New York City Transitional Finance Authority, Future Tax Secured, Subordinate, Fiscal Year 2025, Series 2025E                                          | CUSIP: 64972JPQ5<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011005.30   | 0.03%             | 2047-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saratoga County Capital Resource Corp.                                                | Saratoga County Capital Resource Corp., WSWHE Boces Project                                                                                            | CUSIP: 80349LAJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $543708.85    | 0.02%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                       | Indianapolis Local Public Improvement Bond Bank, Indianapolis Public Transportation Corp. Project, Series 2025A                                        | CUSIP: 45527CDH2<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |    475000 | PA      | $515568.09    | 0.01%             | 2029-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                           | Washington State Housing Finance Commission, Seattle Academy of Arts and Science Project, Series 2023                                                  | CUSIP: 93978LGM2<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1215000 | PA      | $1302801.85   | 0.04%             | 2038-07-01      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Auburn School District No. 408 of King & Pierce Counties                              | Auburn School District No. 408 of King and Pierce Counties, Unlimited Tax                                                                              | CUSIP: 494619FG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010691.40   | 0.03%             | 2036-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                         | Main Street Natural Gas, Inc., Gas Supply, Series 2024A                                                                                                | CUSIP: 56035DGT3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6408077.40   | 0.18%             | 2054-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County School District No. 3 Tempe Elementary                                | Maricopa County School District No. 3, Tempe Elementary, School Improvement, Project of 2016, Series 2017A                                             | CUSIP: 566880WE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31427.09     | 0.00%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Board of Regents                                                              | Arizona Board of Regents, State University                                                                                                             | CUSIP: 040664NH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3977500.45   | 0.11%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Pennsylvania                                                          | Commonwealth of Pennsylvania, Series 2024B                                                                                                             | CUSIP: 70914P4F6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2822280.90   | 0.08%             | 2041-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Smithtown Central School District                                                     | Smithtown Central School District                                                                                                                      | CUSIP: 832492ZC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2125000 | PA      | $2179502.64   | 0.06%             | 2036-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                                   | Washington Health Care Facilities Authority, Fred Hutchinson Cancer Research Center, Series 2024A                                                      | CUSIP: 97712JLD3<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1530000 | PA      | $1625070.22   | 0.05%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Warren OH                                                                   | County of Warren, Otterbein Homes Obligation Group, Series 2024                                                                                        | CUSIP: 93515PEL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1719205.38   | 0.05%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                          | New York City Transitional Finance Authority Future Tax Secured Fiscal Year 2025, Series 2025 Subseries C-1                                            | CUSIP: 64972JMJ4<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5149563.00   | 0.15%             | 2049-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency, Lasell Village, Inc. Issue                                                                                   | CUSIP: 57585BJJ8<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2127684.60   | 0.06%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Energy Research & Development Authority                                | New York State Energy Research and Development Authority, Rochester Gas and Electric Corp., Project, Series 1997A                                      | CUSIP: 649845JE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2035752.20   | 0.06%             | 2032-08-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Mansfield Independent School District                                                 | Mansfield Independent School District, Unlimited Tax                                                                                                   | CUSIP: 564386VJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2053710.20   | 0.06%             | 2044-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                      | Pennsylvania Turnpike Commission, Subordinate, Series 2024-1                                                                                           | CUSIP: 709225LW4<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1318392.60   | 0.04%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                            | Michigan Finance Authority, Public Lighting Authority Refunding Local Project                                                                          | CUSIP: 59447UAU4<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1047078.90   | 0.03%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Municipal Power Agency                                                        | Florida Municipal Power Agency, All-Requirements Power Supply Project                                                                                  | CUSIP: 342816U60<br>LEI: 549300M3I10QJUPNU131 | Long             | DBT              | MUN               | US        |   3770000 | PA      | $4196964.19   | 0.12%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Des Moines Independent Community School District Sales Services & Use Tax Rev         | Des Moines Independent Community School District, Sales Services and Use Tax                                                                           | CUSIP: 250111DN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $394548.76    | 0.01%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority                                         | Palm Beach County Health Facilities Authority, Acts Retirement Life Communities, Inc., Obligated Group, Series 2025B                                   | CUSIP: 69650MBB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4568127.50   | 0.13%             | 2055-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                              | State of Connecticut Special Tax, Series 2021A                                                                                                         | CUSIP: 207758D34<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1305000 | PA      | $1286472.39   | 0.04%             | 2039-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| University of Oklahoma (The)                                                          | University of Oklahoma (The), Series 2024A                                                                                                             | CUSIP: 91476PZK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1131518.75   | 0.03%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Anne Arundel MD                                                             | County of Anne Arundel, Series 2022                                                                                                                    | CUSIP: 03588H2K1<br>LEI: 549300L8Q6EFVTZGWW41 | Long             | DBT              | MUN               | US        |   2565000 | PA      | $2822714.27   | 0.08%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Turnpike & Infrastructure Commission                                             | Ohio Turnpike and Infrastructure Commission, Junior Lien, Series 2018A                                                                                 | CUSIP: 67760HLJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $140103.35    | 0.00%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority Sales Tax Revenue                                | Triborough Bridge and Tunnel Authority Sales Tax, TBTA Capital Lockbox, Series 2023A                                                                   | CUSIP: 896035CA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $1937311.65   | 0.06%             | 2053-05-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                         | Main Street Natural Gas, Inc., Gas Supply, Series 2023B                                                                                                | CUSIP: 56035DFC1<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   4785000 | PA      | $5067285.33   | 0.14%             | 2030-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth      | Louisiana Local Government Environmental Facilities and Community Development Authority, City of Bossier City, Louisiana Project                       | CUSIP: 54628C4G4<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   1090000 | PA      | $1220141.97   | 0.03%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                      | Pennsylvania Turnpike Commission, Series 2022A                                                                                                         | CUSIP: 709225FH4<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1119501.00   | 0.03%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Harnett NC                                                                  | County of Harnett, Limited Tax                                                                                                                         | CUSIP: 41333TCM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1210000 | PA      | $1355007.01   | 0.04%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Washoe NV                                                                   | County of Washoe, Nevada Water Facilities Sierra Pacific Power Co. Projects, Series 2016G                                                              | CUSIP: 940865BJ6<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   2000000 | PA      | $2001599.60   | 0.06%             | 2036-03-01      | Variable      | 3.62%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                                        | Buckeye Tobacco Settlement Financing Authority, Series 2020A-2, Class 1                                                                                | CUSIP: 118217CU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3481903.88   | 0.10%             | 2038-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                           | Washington State Housing Finance Commission, Radford Court and Nordheim Court, Series 2024                                                             | CUSIP: 93978LHG4<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2344278.75   | 0.07%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Capitol Improvement Authority                                                | Oklahoma Capitol Improvement Authority, Oklahoma Department of Transportation Project, Series 2025A                                                    | CUSIP: 678514DW7<br>LEI: 549300LYHYBINTZ5AY71 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1402174.75   | 0.04%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp.                                                | Clifton Higher Education Finance Corp., Yes Prep Public School, Inc., Series 2023                                                                      | CUSIP: 187145RW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $278059.31    | 0.01%             | 2038-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Walton County Water & Sewer Authority                                                 | Walton County Water and Sewer Authority, Hard Labor Creek Reservoir Water Treatment Facility Project                                                   | CUSIP: 93342PFA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $113517.29    | 0.00%             | 2034-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Jackson State University Educational Building Corp.                                   | Jackson State University Educational Building Corp., Series 2021A                                                                                      | CUSIP: 468714FG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5018968.80   | 0.14%             | 2034-03-01      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| Selma Industrial Development Board                                                    | Selma Industrial Development Board, International Paper Co. Projects, Series 2019A                                                                     | CUSIP: 81647PAG8<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   1575000 | PA      | $1565201.61   | 0.04%             | 2033-11-01      | Variable      | 3.45%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                     | State of Illinois, Series 2024B                                                                                                                        | CUSIP: 452153JX8<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1849854.60   | 0.05%             | 2040-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Housing & Community Development Authority                                     | Indiana Housing and Community Development Authority, Vita of New Whiteland Project                                                                     | CUSIP: 45506CBH9<br>LEI: 549300QRKDYVNHT1OE86 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $917541.50    | 0.03%             | 2043-01-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Board of Governors of Colorado State University System                                | Board of Governors of Colorado State University System, Series 2017C                                                                                   | CUSIP: 196707S20<br>LEI: 549300MAE3RAIIEIQV71 | Long             | DBT              | MUN               | US        |   4770000 | PA      | $4812293.68   | 0.14%             | 2043-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Industries Authority                                                         | Oklahoma Industries Authority, Oklahoma County Independent School District No. 89 Oklahoma City, Series 2024                                           | CUSIP: 67910FAH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8545000 | PA      | $9509643.34   | 0.27%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                             | New Jersey Economic Development Authority, Municipal Rehabilitation, Series 2019A                                                                      | CUSIP: 64577B6B5<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1706551.36   | 0.05%             | 2028-04-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corp.                                         | New York State Environmental Facilities Corp., State Revolving Funds, Master Financing Program, Series 2025A                                           | CUSIP: 64985H4B0<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |    520000 | PA      | $570052.65    | 0.02%             | 2038-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp.                                                     | Florida Development Finance Corp., Brightline Florida Passenger Rail Project                                                                           | CUSIP: 340618DU8<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1236192.75   | 0.04%             | 2047-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Glendale Union High School District No. 205                                           | Glendale Union High School District No. 205, Arizona School Improvement Project of 2024, Series 2024A                                                  | CUSIP: 378334QL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1137426.51   | 0.03%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bell County Water Control & Improvement District No. 1                                | Bell County Water Control and Improvement District No. 1, Series 2024                                                                                  | CUSIP: 078043QN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1056386.40   | 0.03%             | 2038-07-10      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                                 | Metropolitan Transportation Authority, Series 2015E-1                                                                                                  | CUSIP: 59261AM53<br>LEI: 5493000TKYODLXADQD60 | Long             | STIV             | MUN               | US        |   2300000 | PA      | $2300000.00   | 0.07%             | 2050-11-15      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| Philadelphia Gas Works Co.                                                            | Philadelphia Gas Works Co., 1998 General Ordinance, Series 17A                                                                                         | CUSIP: 71783MCU7<br>LEI: 549300H8UJ7V5WU5IA90 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1390942.75   | 0.04%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Housing Finance Authority                                           | Miami-Dade County Housing Finance Authority, Running Brook Apartments, Series 202                                                                      | CUSIP: 593344BT0<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   1525000 | PA      | $1527634.59   | 0.04%             | 2027-01-01      | Variable      | 3.55%                 | No            |                  2 | On Loan: No      |
| Port of Los Angeles                                                                   | Port of Los Angeles, Harbor Department, Series 2024A 1                                                                                                 | CUSIP: 544552C34<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2227108.80   | 0.06%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Fort Worth TX Water & Sewer System Revenue                                    | City of Fort Worth Water and Sewer System, Series 2024                                                                                                 | CUSIP: 3495152K1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5940000 | PA      | $5227815.38   | 0.15%             | 2054-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Allegheny County Sanitary Authority                                                   | Allegheny County Sanitary Authority, Sewer, Series 2024                                                                                                | CUSIP: 017357P40<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1322264.00   | 0.04%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                              | New Hampshire Business Finance Authority, University of Nevada Reno Project, Series 2023A                                                              | CUSIP: 63610FBE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    665000 | PA      | $699963.57    | 0.02%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                     | State of Illinois, Series 2018A                                                                                                                        | CUSIP: 4521522R1<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1042576.30   | 0.03%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                         | Main Street Natural Gas, Inc., Gas Supply, Series 2023E, Subseries E-1                                                                                 | CUSIP: 56035DGB2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   4230000 | PA      | $4528307.64   | 0.13%             | 2031-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Municipal Power Agency                                                        | Indiana Municipal Power Agency, Power Supply System, Series 2025A                                                                                      | CUSIP: 454898YH4<br>LEI: AX0ZCCVOQ71Z4RXBL233 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1114801.90   | 0.03%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Water Resources Board                                                        | Oklahoma Water Resources Board, Clean Water Program, Series 2025A                                                                                      | CUSIP: 67919PWX7<br>LEI: 5493007CUNXW5UX11C71 | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3401291.85   | 0.10%             | 2046-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Summit OH                                                                   | County of Summit, Various Purpose Improvement, Series 2022                                                                                             | CUSIP: 86606WBN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $112943.19    | 0.00%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii Airports System Revenue                                               | State of Hawaii Airports System, Series 2025C                                                                                                          | CUSIP: 419794L59<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1490665.20   | 0.04%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX                                                                | City of San Antonio, Series 2024                                                                                                                       | CUSIP: 79623PQT5<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1036921.30   | 0.03%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Dakota Housing Development Authority                                            | South Dakota Housing Development Authority, Series 2024C                                                                                               | CUSIP: 83756LBH7<br>LEI: 549300G853EK61667C18 | Long             | DBT              | MUN               | US        |   1495000 | PA      | $1671096.05   | 0.05%             | 2055-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| City of Aliso Viejo CA                                                                | City of Aliso Viejo                                                                                                                                    | CUSIP: 01639PAV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $184362.15    | 0.01%             | 2028-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                                   | Wisconsin Health and Educational Facilities Authority, Ascension Senior Credit Group                                                                   | CUSIP: 97712JMV2<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10106.58     | 0.00%             | 2046-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JEA Electric System Revenue                                                           | JEA Electric System, Series 2024A- 3                                                                                                                   | CUSIP: 46613SSE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1950000 | PA      | $2138528.73   | 0.06%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Florida Tourism Oversight District                                            | Central Florida Tourism Oversight District, Series 2016A                                                                                               | CUSIP: 758449QL9<br>LEI: 549300DLSKH6SZ96KV94 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50958.42     | 0.00%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                        | Black Belt Energy Gas District, Gas Project, Series 2023A                                                                                              | CUSIP: 09182TCQ8<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2142842.80   | 0.06%             | 2054-01-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority, School Districts Financing Program, Series 2025A                                                                   | CUSIP: 64985SDE0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $4007825.85   | 0.11%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri                    | Health and Educational Facilities Authority of the State of Missouri, Series 2021C                                                                     | CUSIP: 60637ATR3<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   2335000 | PA      | $2478267.66   | 0.07%             | 2052-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Casino Reinvestment Development Authority, Inc.                                       | Casino Reinvestment Development Authority, Inc., Luxury Tax, Series 2024B                                                                              | CUSIP: 14760RBT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $501757.60    | 0.01%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village of Bolingbrook IL                                                             | Village of Bolingbrook, Series 2018A                                                                                                                   | CUSIP: 097552TM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $129527.30    | 0.00%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Private Activity Bond Surface Transportation Corp.                              | Texas Private Activity Bond Surface Transportation Corp., NTE Mobility Partners Segments 3 LLC Project, Series 2023                                    | CUSIP: 882667CE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2835000 | PA      | $2967471.61   | 0.08%             | 2036-12-31      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp.                                              | Arlington Higher Education Finance Corp., Trinity Basin Preparatory, Inc.                                                                              | CUSIP: 041807BL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $163659.58    | 0.00%             | 2026-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority, Kahala Nui Project                                                                                                           | CUSIP: 74442PH40<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    360000 | PA      | $361365.37    | 0.01%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Florida Department of Housing & Residence Education Hsg Sys Rev         | University of Florida, Department of Housing and Residence Education Housing System, Series 2021A                                                      | CUSIP: 34157TCZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $127531.01    | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Smithtown Central School District                                                     | Smithtown Central School District                                                                                                                      | CUSIP: 832492ZD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2036142.40   | 0.06%             | 2037-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri                    | Health and Educational Facilities Authority of the State of Missouri, Lutheran Senior Services Projects                                                | CUSIP: 60635H3H0<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006512.10   | 0.03%             | 2027-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Mission Economic Development Corp.                                                    | Mission Economic Development Corp., Graphic Packaging International LLC Project                                                                        | CUSIP: 605155BW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2032418.80   | 0.06%             | 2064-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Charleston Educational Excellence Finance Corp.                                       | Charleston Educational Excellence Finance Corp., Installment Purchase, Charleston County School District, South Carolina Project, Series 2024          | CUSIP: 160131EQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1057865.30   | 0.03%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Texas Turnpike System                                                         | Central Texas Turnpike System, Second Tier, Series 2024C                                                                                               | CUSIP: 88283KBZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $5033250.90   | 0.14%             | 2034-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Santa Fe NM                                                                 | County of Santa Fe, Cresta Ranch Apartments, Series 2024                                                                                               | CUSIP: 80189NAD6<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   8000000 | PA      | $8048821.60   | 0.23%             | 2049-12-10      | Variable      | 3.29%                 | No            |                  2 | On Loan: No      |
| City of Seattle WA Municipal Light & Power Revenue                                    | City of Seattle, Municipal Light and Power, Series 2021A                                                                                               | CUSIP: 812643WP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4362392.50   | 0.12%             | 2047-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                       | Indianapolis Local Public Improvement Bond Bank, Indianapolos Airport Authority, Series 2025B-1                                                        | CUSIP: 45528VFF1<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |    350000 | PA      | $387768.57    | 0.01%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                         | State of Ohio, Common School, Series 2021B                                                                                                             | CUSIP: 6775227Y4<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    210000 | PA      | $237338.54    | 0.01%             | 2031-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Little Elm Independent School District                                                | Little Elm Independent School District, Series 2024                                                                                                    | CUSIP: 5370967W3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5052909.60   | 0.14%             | 2054-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                                | California Statewide Communities Development Authority, Loma Linda University Medical Center, Series 2018A                                             | CUSIP: 13080SVM3<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1390000 | PA      | $1311176.85   | 0.04%             | 2048-12-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                                 | North Carolina Housing Finance Agency, Homeownership-1998 Trust, Series 57-A                                                                           | CUSIP: 65820BBF2<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $8413592.25   | 0.24%             | 2056-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp.                                                     | Florida Development Finance Corp., GFL Solid Waste Southeast LLC Project, Series 2024A                                                                 | CUSIP: 34061XAG7<br>LEI: 549300HC854CNBLMWC48 | Long             | STIV             | MUN               | US        |   1000000 | PA      | $994189.20    | 0.03%             | 2054-10-01      | Variable      | 4.38%                 | Yes           |                  2 | On Loan: No      |
| State of Illinois                                                                     | State of Illinois, Series 2022A                                                                                                                        | CUSIP: 452153CQ0<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    500000 | PA      | $538177.95    | 0.02%             | 2029-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Fort Bend TX Toll Road Revenue                                              | County of Fort Bend Toll Road, Senior Lien, Series 2024                                                                                                | CUSIP: 346817EJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1099764.60   | 0.03%             | 2036-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Terrell Independent School District/TX                                                | Terrell Independent School District, Kaufman and Hunt Counties, Unlimited Tax                                                                          | CUSIP: 881405NP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2721479.00   | 0.08%             | 2037-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orlando Utilities Commission                                                          | Orlando Utilities Commission, Utility System, Series 2025A                                                                                             | CUSIP: 686507MR2<br>LEI: 549300EJR7JVMRXL5D66 | Long             | DBT              | MUN               | US        |   1095000 | PA      | $1255440.93   | 0.04%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Redondo Beach Unified School District                                                 | Redondo Beach Unified School District, Election of 2024, Series 2024A                                                                                  | CUSIP: 757710VZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $974775.50    | 0.03%             | 2055-08-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                        | Black Belt Energy Gas District, Gas Project, Series 2024B                                                                                              | CUSIP: 09182TEC7<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1520000 | PA      | $1618656.06   | 0.05%             | 2055-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Baseline Metropolitan District No. 1                                                  | Baseline Metropolitan District No. 1, Series 2024A                                                                                                     | CUSIP: 069826AG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1048488.30   | 0.03%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Lake Havasu City AZ Wastewater System Revenue                                 | City of Lake Havasu City Wastewater System, Senior Lien                                                                                                | CUSIP: 50989RAU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $530388.75    | 0.02%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                       | Indianapolis Local Public Improvement Bond Bank, Indianapolos Airport Authority, Series 2025B-1                                                        | CUSIP: 45528VFE4<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |    350000 | PA      | $393474.76    | 0.01%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                         | Main Street Natural Gas, Inc., Gas Supply, Series 2024D                                                                                                | CUSIP: 56035DHZ8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |  14250000 | PA      | $15183322.28  | 0.43%             | 2054-04-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Alvord Unified School District                                                        | Alvord Unified School District, 2007 Election, Series 2011B                                                                                            | CUSIP: 022555UK0<br>LEI: 549300Q9J0UCO75DL276 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $3118640.50   | 0.09%             | 2036-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                                | Iowa Finance Authority, Midwestern Disaster Area, Iowa Fertilizer Co., Project                                                                         | CUSIP: 46246SAW5<br>LEI: 549300NQVL49BTHOW391 | Long             | STIV             | MUN               | US        |   5350000 | PA      | $5721220.99   | 0.16%             | 2050-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority, Series 2024D                                                                                                       | CUSIP: 65000B3J5<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1428347.18   | 0.04%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                                 | Metropolitan Transportation Authority, Climate Bond, Series 2025A                                                                                      | CUSIP: 59261A5C7<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2547493.50   | 0.07%             | 2045-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                        | Black Belt Energy Gas District, Gas Project, Series 2024D                                                                                              | CUSIP: 09182TEN3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |  17590000 | PA      | $18540804.58  | 0.53%             | 2055-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Seminole County Industrial Development Authority                                      | Seminole County Industrial Development Authority, Legacy Pointe at UCF Project                                                                         | CUSIP: 81669TAD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1781578.20   | 0.05%             | 2054-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| City of Excelsior Springs MO                                                          | City of Excelsior Springs, Series 2020B                                                                                                                | CUSIP: 300788CR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $120423.76    | 0.00%             | 2030-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Cedar Rapids Community School District Infrastructure Sales Services & Use Tax        | Cedar Rapids Community School District Infrastructure Sales Services and Use Tax, Series 2023                                                          | CUSIP: 150539CS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1045000 | PA      | $1116199.40   | 0.03%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                     | City and County of Denver, Airport System, Series 2018A                                                                                                | CUSIP: 249182LG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    505000 | PA      | $517873.51    | 0.01%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Atlanta Urban Residential Finance Authority                                           | Atlanta Urban Residential Finance Authority, Multi-Family Housing North Block, Series 2025                                                             | CUSIP: 04785VBX1<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   1500000 | PA      | $1522147.80   | 0.04%             | 2029-02-01      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                         | State of Ohio, Children's Hospital Medical Center of Akron, Series 2024B                                                                               | CUSIP: 67756CGB8<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1650803.55   | 0.05%             | 2054-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority, Eastern Michigan University Student Housing Project, Series 2022A-1                                                          | CUSIP: 74444UAN2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $549553.90    | 0.02%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                               | Michigan Strategic Fund, I-75 Improvement Projects                                                                                                     | CUSIP: 594698QT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4837662.50   | 0.14%             | 2043-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                        | Lower Colorado River Authority, LCRA Transmission Services Corp., Project                                                                              | CUSIP: 54811BT27<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1971075.05   | 0.06%             | 2034-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Plano Independent School District                                                     | Plano Independent School District, Unlimited Tax                                                                                                       | CUSIP: 727199F89<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1869595.80   | 0.05%             | 2043-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Horry County School District/SC                                                       | Horry County School District, Series 2015A                                                                                                             | CUSIP: 440673G70<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5003164.00   | 0.14%             | 2028-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Energy Authority (The)                                                   | Philadelphia Energy Authority (The), Philadelphia Street Lighting Project, Series 2023A                                                                | CUSIP: 71780UAN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2185000 | PA      | $2286012.99   | 0.07%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rome Building Authority                                                               | Rome Building Authority, Rome City School Project, Series 2023                                                                                         | CUSIP: 776000AR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1105580.10   | 0.03%             | 2036-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Airport Revenue                                               | City of Philadelphia, Airport System, Series 2017B                                                                                                     | CUSIP: 717817UH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2031426.00   | 0.06%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                          | New York City Transitional Finance Authority, Future Tax Secured, Subordinate, Fiscal Year 2025                                                        | CUSIP: 64972JTB4<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5170506.00   | 0.15%             | 2043-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii Department of Budget & Finance                                        | State of Hawaii Department of Budget and Finance, The Queen's Health Systems                                                                           | CUSIP: 419800QS9<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   5125000 | PA      | $5125000.00   | 0.15%             | 2060-07-01      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                       | New York City Municipal Water Finance Authority, Water and Sewer System, Second General Resolution, Fiscal Year 2025, Series 2025AA,Subseries2AA1      | CUSIP: 64972GK29<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6072075.00   | 0.17%             | 2051-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Charleston Educational Excellence Finance Corp.                                       | Charleston Educational Excellence Finance Corp., Installment Purchase, Charleston County School District, South Carolina Project, Series 2024          | CUSIP: 160131EP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1031082.30   | 0.03%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Port Authority                                                               | Virginia Port Authority                                                                                                                                | CUSIP: 928077KS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1630748.85   | 0.05%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                       | Indianapolis Local Public Improvement Bond Bank, Indianapolis Public Transportation Corp. Project, Series 2025A                                        | CUSIP: 45527CDY5<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1088115.70   | 0.03%             | 2037-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                            | Michigan Finance Authority, Public Lighting Authority Refunding Local Project                                                                          | CUSIP: 59447UAR1<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1076935.00   | 0.03%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp.                                             | New York Transportation Development Corp., John F. Kennedy International Airport New Terminal One Project                                              | CUSIP: 650116JH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1596029.55   | 0.05%             | 2045-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| University of Kentucky                                                                | University of Kentucky, Healthcare Cancer Center Parking Projects                                                                                      | CUSIP: 914383AE4<br>LEI: 549300CXE3YQ1HXYCQ71 | Long             | DBT              | MUN               | US        |    315000 | PA      | $344583.70    | 0.01%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Springs School District No. 11 Facilities Corp.                              | Colorado Springs School District No. 11 Facilities Corp.                                                                                               | CUSIP: 19662UBB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $636272.52    | 0.02%             | 2038-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                                   | Pennsylvania Housing Finance Agency, Single Family Mortgage                                                                                            | CUSIP: 70879QZ71<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8986489.60   | 0.26%             | 2055-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| City & County of Honolulu HI                                                          | City and County of Honolulu                                                                                                                            | CUSIP: 438687R23<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9590000 | PA      | $10909770.05  | 0.31%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Melissa Independent School District                                                   | Melissa Independent School District, Unlimited Tax, Series 2024                                                                                        | CUSIP: 585488YW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $338381.98    | 0.01%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Health and Educational Building Corp.                                    | Rhode Island Health and Educational Building Corp., Brynt University Issue                                                                             | CUSIP: 762197U58<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2030000 | PA      | $2064509.80   | 0.06%             | 2042-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Plains Energy Project                                                         | Central Plains Energy Project, Series 2025A, Subseries A-1                                                                                             | CUSIP: 154872AY1<br>LEI: SVQOT7V5CPLIGNP5BE29 | Long             | DBT              | MUN               | US        |   9840000 | PA      | $10502457.34  | 0.30%             | 2055-08-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Mansfield TX                                                                  | City of Mansfield, Combination Tax                                                                                                                     | CUSIP: 564378RJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2072874.60   | 0.06%             | 2044-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Lake IL                                                                     | County of Lake, Sales Tax                                                                                                                              | CUSIP: 508336FU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $103179.33    | 0.00%             | 2027-11-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Jersey Transportation Authority                                                 | South Jersey Transportation Authority, Series 2025A                                                                                                    | CUSIP: 838536NQ9<br>LEI: 549300W8SZI2CAOKT956 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1729871.46   | 0.05%             | 2038-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp.                                             | New York Transportation Development Corp., John F. Kennedy International Airport New Terminal One Project                                              | CUSIP: 650116JM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    990000 | PA      | $991978.91    | 0.03%             | 2059-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Oklahoma County Independent School District No. 89 Oklahoma City                      | Oklahoma County Independent School District No. 89 Oklahoma City, Series 2025A                                                                         | CUSIP: 678841LS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2607738.00   | 0.07%             | 2028-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Nassau NY                                                                   | County of Nassau, General Improvement, Series 2025A                                                                                                    | CUSIP: 63165T6W0<br>LEI: 549300ICRCGQYCPS7T40 | Long             | DBT              | MUN               | US        |   8215000 | PA      | $7486069.91   | 0.21%             | 2044-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Colorado Housing and Finance Authority                                                | Colorado Housing and Finance Authority, Single Family Mortgage, Series 2023L, Class III                                                                | CUSIP: 19648GAV4<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |   2575000 | PA      | $2766085.60   | 0.08%             | 2053-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Glen Rose Independent School District                                                 | Glen Rose Independent School District, Unlimited tax, Series 2023                                                                                      | CUSIP: 377856JZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1069523.90   | 0.03%             | 2035-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho Health Facilities Authority                                                     | Idaho Health Facilities Authority, St. Luke's Health System Project, Series 2025C                                                                      | CUSIP: 451295H69<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1345605.00   | 0.04%             | 2060-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Overtown Park West Community Redevelopment Agency                           | Southeast Overtown Park West Community Redevelopment Agency, Flag Tax Increment                                                                        | CUSIP: 841466AV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2767937.75   | 0.08%             | 2033-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                               | South Carolina Public Service Authority, Series 2025A                                                                                                  | CUSIP: 8371515R6<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3019059.00   | 0.09%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Wake NC                                                                     | County of Wake, Series 2025A                                                                                                                           | CUSIP: 930876JH1<br>LEI: 5493007XQJHO082P1H29 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1634080.50   | 0.05%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Health and Educational Building Corp.                                    | Rhode Island Health and Educational Building Corp., Brynt University Issue, Series 2024                                                                | CUSIP: 762197T92<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1744139.10   | 0.05%             | 2038-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Knox County Health Educational & Housing Facility Board                               | Knox County Health Educational and Housing Facility Board, University of Tennessee Project, Series 2024A-1                                             | CUSIP: 499526AR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1261047.13   | 0.04%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Kissimmee FL                                                                  | City of Kissimmee, Sales Tax                                                                                                                           | CUSIP: 497813AK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    170000 | PA      | $170148.77    | 0.00%             | 2025-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                              | State of Connecticut Special Tax, Series 2023A                                                                                                         | CUSIP: 207758P80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2265000 | PA      | $2484065.82   | 0.07%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fairfax County Industrial Development Authority                                       | Fairfax County Industrial Development Authority                                                                                                        | CUSIP: 30382VAT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2025000 | PA      | $1858458.74   | 0.05%             | 2042-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Springfield MO Public Utility Revenue                                         | City of Springfield Public Utility, Series 2015                                                                                                        | CUSIP: 851018KY6<br>LEI: NDLRXEC1F2GZZETPKO45 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5002925.50   | 0.14%             | 2035-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Airport Authority                                                    | Allegheny County Airport Authority, Pittsburgh International Airport, Series 2023A                                                                     | CUSIP: 01728LHD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1537573.65   | 0.04%             | 2048-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Finance Authority of Maine                                                            | Finance Authority of Maine, Casella Waste System, Inc., Project                                                                                        | CUSIP: 56042CAZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2013271.60   | 0.06%             | 2035-08-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Peace River Manasota Regional Water Supply Authority                                  | Peace River Manasota Regional Water Supply Authority, Utility System, Series 2025A                                                                     | CUSIP: 704612GK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6780000 | PA      | $7169934.07   | 0.20%             | 2044-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Grand Parkway Transportation Corp.                                                    | Grand Parkway Transportation Corp., Grand Parkway System Subordinate Tier, Series 2020C                                                                | CUSIP: 38611TCC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2295000 | PA      | $1936413.82   | 0.06%             | 2049-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Union County Hospital Facility Authority                                              | Union County Hospital Facility Authority, Grande Ronde Hospital, Inc., Series 2022                                                                     | CUSIP: 906420BS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $418102.08    | 0.01%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Building Aid Revenue                     | New York City Transitional Finance Authority Building Aid, Series 2026, S-1                                                                            | CUSIP: 64972LAM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5488268.50   | 0.16%             | 2037-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Salt Verde Financial Corp.                                                            | Salt Verde Financial Corp., Series 2007-1                                                                                                              | CUSIP: 79575EAM0<br>LEI: 549300VEWOZY6TQOIF03 | Long             | DBT              | MUN               | US        |    100000 | PA      | $102285.73    | 0.00%             | 2026-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority, New York University, Series 2025A                                                                                  | CUSIP: 64985SGE7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4047424.00   | 0.12%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lockhart Independent School District/TX                                               | Lockhart Independent School District, Unlimited Tax                                                                                                    | CUSIP: 539770NA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1060000 | PA      | $1195849.07   | 0.03%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Patriots Energy Group Financing Agency                                                | Patriots Energy Group Financing Agency, Series 2023 Subseries B-1                                                                                      | CUSIP: 70342PAR5<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |   2670000 | PA      | $2885936.78   | 0.08%             | 2054-02-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                                       | State of Oregon, Article XI-F Project, Series 2025F                                                                                                    | CUSIP: 68609URM9<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |    425000 | PA      | $487061.82    | 0.01%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Authority | Louisiana Local Government Environmental Facilities and Community Development Authority, Calcasieu Parish Projects                                     | CUSIP: 54628CGP1<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    250000 | PA      | $268801.78    | 0.01%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Municipal Gas Agency                                                        | Minnesota Municipal Gas Agency, Series Subseries, 2022A                                                                                                | CUSIP: 60406UAK3<br>LEI: 549300SISI6N1C6S3136 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018664.60   | 0.03%             | 2027-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri                    | Health and Educational Facilities Authority of the State of Missouri, Wright Memorial Hospital                                                         | CUSIP: 60637AQV7<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    200000 | PA      | $201914.72    | 0.01%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                                  | Chicago O'Hare International Airport, General Airport, Senior Lien, Series 2024B                                                                       | CUSIP: 1675935F5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3086554.80   | 0.09%             | 2059-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                                                                               | CUSIP: 74442PF75<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |  10035000 | PA      | $9843427.84   | 0.28%             | 2054-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp.                                                    | Tobacco Settlement Financing Corp., Series 2018A                                                                                                       | CUSIP: 888808HN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2415000 | PA      | $2292142.19   | 0.07%             | 2037-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Bexar TX                                                                    | County of Bexar, Combination Tax                                                                                                                       | CUSIP: 0882815L0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2115000 | PA      | $2203512.75   | 0.06%             | 2042-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                                  | Chicago O'Hare International Airport, General Airport, Senior Lien, Series B                                                                           | CUSIP: 167593A36<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40761.82     | 0.00%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Albuquerque NM Gross Receipts Tax Revenue                                     | City of Albuquerque, Series 2015A                                                                                                                      | CUSIP: 01354PFC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $240425.47    | 0.01%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                        | New Jersey Transportation Trust Fund Authority, Transportation Program, Series 2023BB                                                                  | CUSIP: 64613CEG9<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2257897.50   | 0.06%             | 2046-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp.                                                              | Build NYC Resource Corp., Success Academy Charter School Project, Series 2025                                                                          | CUSIP: 12008EVS2<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1572384.23   | 0.04%             | 2040-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp.                                              | Arlington Higher Education Finance Corp., Lifeschool of Dallas, Series 2024                                                                            | CUSIP: 041807LK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    420000 | PA      | $457860.35    | 0.01%             | 2036-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Finance Authority                                                          | New Mexico Finance Authority, State Transportation, Subordinate Lien, Series 2018A                                                                     | CUSIP: 64711RMB9<br>LEI: 549300L6217Y7X40SP94 | Long             | DBT              | MUN               | US        |    100000 | PA      | $104835.92    | 0.00%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark Department of Aviation                                                | County of Clark Department of Aviation, Jet Aviation Fuel tax, Series 2022A                                                                            | CUSIP: 18085PSZ8<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |    400000 | PA      | $407567.64    | 0.01%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Midway International Airport                                                  | Chicago Midway International Airport, Senior Lien, Series 2023A                                                                                        | CUSIP: 167562SG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1335000 | PA      | $1393626.93   | 0.04%             | 2048-01-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Municipal Improvement Corp. of Los Angeles                                            | Municipal Improvement Corp. of Los Angeles, Real Property, Series 2016B                                                                                | CUSIP: 544587H50<br>LEI: 549300ZJ0YLTZNSR8F57 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2976669.30   | 0.09%             | 2035-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ohio Air Quality Development Authority                                                | Ohio Air Quality Development Authority, American Electric Power Co. Project, Series 2005C                                                              | CUSIP: 677525WX1<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4009786.40   | 0.11%             | 2028-04-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                            | City of Los Angeles Department of Airports, International Airport Subordinate, Series 2021A                                                            | CUSIP: 544445SU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1240000 | PA      | $1266339.83   | 0.04%             | 2039-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                             | Indiana Finance Authority, Rose-Hulman Institute of Technology Project                                                                                 | CUSIP: 45506EBF9<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    435000 | PA      | $472600.62    | 0.01%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Waco TX                                                                       | City of Waco, Series 2024                                                                                                                              | CUSIP: 929831ZS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1920377.50   | 0.05%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County-Houston Sports Authority                                                | Harris County-Houston Sports Authority, Senior Lien, Series 2024A                                                                                      | CUSIP: 413890GN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3766961.25   | 0.11%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                                  | Chicago O'Hare International Airport, Customer Facility Charge Senior Lien, Series 2023                                                                | CUSIP: 1675933Z3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    825000 | PA      | $881094.23    | 0.03%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Glendale AZ Water & Sewer Revenue                                             | City of Glendale Water and Sewer, Senior Lien                                                                                                          | CUSIP: 378352SR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    410000 | PA      | $425754.33    | 0.01%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                              | New Hampshire Business Finance Authority, University of Nevada Reno Project, Series 2023A                                                              | CUSIP: 63610FBM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1075000 | PA      | $990737.20    | 0.03%             | 2053-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                                   | City of New York, Fiscal Year 2018, Series B-4                                                                                                         | CUSIP: 64966MSB6<br>LEI: 549300ABYZD2SFD5JB29 | Long             | STIV             | MUN               | US        |   4360000 | PA      | $4360000.00   | 0.12%             | 2046-10-01      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| Central Texas Turnpike System                                                         | Central Texas Turnpike System, First Tier, Series 2024B                                                                                                | CUSIP: 88283KBQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1616537.85   | 0.05%             | 2042-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Authority                                                   | Virginia College Building Authority Educational Facilities, 21St Century College and Equipment Programs, Series 2023A                                  | CUSIP: 92778WRM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1348374.09   | 0.04%             | 2040-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                        | New Jersey Transportation Trust Fund Authority, Transportation System                                                                                  | CUSIP: 64613CEU8<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1305675.50   | 0.04%             | 2040-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mississippi Development Bank                                                          | Mississippi Development Bank, Ranking County Project                                                                                                   | CUSIP: 60534WJD1<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |    205000 | PA      | $204957.59    | 0.01%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                                 | Pennsylvania Economic Development Financing Authority, The Penndot Major Bridges                                                                       | CUSIP: 70868YAX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $405349.91    | 0.01%             | 2057-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                               | Port Authority of New York and New Jersey, Consolidated, Series 214                                                                                    | CUSIP: 73358W3F9<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   1975000 | PA      | $2027769.63   | 0.06%             | 2036-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                      | California Health Facilities Financing Authority, Adventist Health System, Series 2024A                                                                | CUSIP: 13032UT65<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   5900000 | PA      | $6337533.97   | 0.18%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                       | Indianapolis Local Public Improvement Bond Bank, Indianapolos Airport Authority, Series 2025B-1                                                        | CUSIP: 45528VFH7<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |    500000 | PA      | $542135.55    | 0.02%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Knox County Health Educational & Housing Facility Board                               | Knox County Health Educational and Housing Facility Board, University of Tennessee Project, Series 2024A-1                                             | CUSIP: 499526AJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    430000 | PA      | $450946.89    | 0.01%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Dakota Housing Finance Agency                                                   | North Dakota Housing Finance Agency, Home Mortgage Finance Program, Series 2023A                                                                       | CUSIP: 658909X68<br>LEI: 549300DVQAGW0B16JX70 | Long             | DBT              | MUN               | US        |   1925000 | PA      | $2054144.21   | 0.06%             | 2053-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| West Virginia Economic Development Authority                                          | West Virginia Economic Development Authority, Solid Waste Disposal Facilities, Commercial Metal Co. Project                                            | CUSIP: 95648VBV0<br>LEI: 549300WW88TKKF5H1220 | Long             | STIV             | MUN               | US        |   4000000 | PA      | $3932974.80   | 0.11%             | 2055-04-15      | Variable      | 4.62%                 | No            |                  2 | On Loan: No      |
| Chattanooga Health Educational & Housing Facility Board                               | Chattanooga Health Educational and Housing Facility Board, CommonSpirit Health, Series 2019A-1                                                         | CUSIP: 162410EJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1143242.40   | 0.03%             | 2037-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Charlotte NC                                                                  | City of Charlotte, North Carolina Government Facilities, Series 2023B                                                                                  | CUSIP: 1610374R4<br>LEI: 5493001QNY6JJFWHQ568 | Long             | DBT              | MUN               | US        |    400000 | PA      | $407667.36    | 0.01%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Energy Authority                                                      | Kentucky Public Energy Authority, Gas Supply, Series 2024B                                                                                             | CUSIP: 74440DFC3<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   6825000 | PA      | $7272745.94   | 0.21%             | 2032-08-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                        | Lower Colorado River Authority, LCRA Transmission Services Corp., Project                                                                              | CUSIP: 54811BT35<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1403691.75   | 0.04%             | 2035-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami Beach Redevelopment Agency                                                      | Miami Beach Redevelopment Agency, City Center Historic Convention Village                                                                              | CUSIP: 593237GC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3285876.00   | 0.09%             | 2036-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                                   | City of New York, Fiscal Year 2022, Series 2022B,Subseries B-1                                                                                         | CUSIP: 64966QYR5<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1436612.45   | 0.04%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine Health & Higher Educational Facilities Authority                                | Maine Health and Higher Educational Facilities Authority, Series 2023A                                                                                 | CUSIP: 56042SBQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $266658.70    | 0.01%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nebraska Educational Health Cultural & Social Services Finance Authority              | Nebraska Educational Health Cultural and Social Services Finance Authority, Immanuel Retirement Communities Obligated Group, Series 2019A              | CUSIP: 63967UAC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $975308.50    | 0.03%             | 2035-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri                    | Health and Educational Facilities Authority of the State of Missouri, Lutheran Senior Services Projects, Series 2016A                                  | CUSIP: 60635HU72<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000226.40   | 0.03%             | 2036-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Airport Authority                                                    | Allegheny County Airport Authority, Pittsburgh International Airport, Series 2023A                                                                     | CUSIP: 01728LHE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018099.40   | 0.03%             | 2053-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Illinois Municipal Electric Agency                                                    | Illinois Municipal Electric Agency, Power Supply System                                                                                                | CUSIP: 452024JN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7500000 | PA      | $8385273.00   | 0.24%             | 2033-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Plano Independent School District                                                     | Plano Independent School District, Unlimited Tax                                                                                                       | CUSIP: 727199E31<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3298404.90   | 0.09%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                                 | North Carolina Housing Finance Agency, Homeownership-1998 Trust, Series 55-C                                                                           | CUSIP: 65820BBB1<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | STIV             | MUN               | US        |   3000000 | PA      | $3000504.60   | 0.09%             | 2056-07-01      | Variable      | 3.20%                 | No            |                  2 | On Loan: No      |
| Indiana Municipal Power Agency                                                        | Indiana Municipal Power Agency, Power Supply System, Series 2025A                                                                                      | CUSIP: 454898YJ0<br>LEI: AX0ZCCVOQ71Z4RXBL233 | Long             | DBT              | MUN               | US        |   1355000 | PA      | $1523237.21   | 0.04%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                   | U.S. Treasury Long Bond                                                                                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       260 | NC      | $7685.60      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| New York City Municipal Water Finance Authority                                       | New York City Municipal Water Finance Authority, Second General Resolution, Fiscal Year 2025, Series 2025DD                                            | CUSIP: 64972GP73<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1697156.25   | 0.05%             | 2039-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Florida Department of Children & Families                                             | Florida Department of Children and Families, Evaluation Treatment Center Financing Corp. Project, Series 2021B                                         | CUSIP: 34160ECG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $226645.73    | 0.01%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority Parking System Revenue          | Pennsylvania Economic Development Financing Authority, Senior Insured, Capitol Region Parking System, Series 2024A                                     | CUSIP: 70870EES4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1146902.75   | 0.03%             | 2042-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Shelby County Health Educational & Housing Facilities Board                           | Shelby County Health Educational and Housing Facilities Board, Baptism Memorial Health Obligated Group, Series 2024B                                   | CUSIP: 821691AC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2950000 | PA      | $3146641.40   | 0.09%             | 2029-09-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                              | Arizona Industrial Development Authority, National Charter School Revolving Loan Fund, Series 2020A                                                    | CUSIP: 04052FBR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $185363.52    | 0.01%             | 2038-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Michigan Trunk Line Revenue                                                  | State of Michigan Trunk Line, Series 2021A                                                                                                             | CUSIP: 5946952T4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $134855.98    | 0.00%             | 2036-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                             | New Jersey Economic Development Authority, School Facilities Construction, Series 2024SSS                                                              | CUSIP: 64577XET9<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1019045.60   | 0.03%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Henrico VA Water & Sewer Revenue                                            | County of Henrico Water and Sewer                                                                                                                      | CUSIP: 426170QC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $109362.62    | 0.00%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Intermountain Power Agency                                                            | Intermountain Power Agency, Utah Power Supply, Series 2023A                                                                                            | CUSIP: 45884AF24<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1190000 | PA      | $1267698.55   | 0.04%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                                    | City of Chicago, Series 2025A                                                                                                                          | CUSIP: 167486U72<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1110000 | PA      | $1130035.61   | 0.03%             | 2050-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fayette County Development Authority                                                  | Fayette County Development Authority, United States Soccer Federation, Inc. Project, Series 2024                                                       | CUSIP: 31222PAR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1645898.40   | 0.05%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                       | Indianapolis Local Public Improvement Bond Bank, Indianapolis Public Transportation Corp. Project, Series 2025A                                        | CUSIP: 45527CDK5<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |    400000 | PA      | $440525.44    | 0.01%             | 2030-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                               | Montgomery County Higher Education and Health Authority, Thomas Jefferson University, Series 2018A                                                     | CUSIP: 613603YV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $125780.54    | 0.00%             | 2038-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth      | Louisiana Local Government Environmental Facilities & Community Development Auth, Series 2021B                                                         | CUSIP: 54628CUH3<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   1740000 | PA      | $1419232.57   | 0.04%             | 2036-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Utah Infrastructure Agency                                                            | Utah Infrastructure Agency, Series 2021                                                                                                                | CUSIP: 917467BU5<br>LEI: 549300WD2FDRNXU16V82 | Long             | DBT              | MUN               | US        |   1210000 | PA      | $1228885.32   | 0.04%             | 2029-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Ridgeville City School District                                                 | North Ridgeville City School District, Series 2024                                                                                                     | CUSIP: 661870LX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1326333.13   | 0.04%             | 2061-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue                               | Puerto Rico Sales Tax Financing Corp. Sales Tax, Series A-1                                                                                            | CUSIP: 74529JQD0<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   2641000 | PA      | $2316350.32   | 0.07%             | 2029-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority, Personal Income Tax, Series 2021A                                                                                  | CUSIP: 64990FZS6<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   3315000 | PA      | $3283320.53   | 0.09%             | 2037-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Delaware State Economic Development Authority                                         | Delaware State Economic Development Authority, St. Andrews School Project                                                                              | CUSIP: 246387ST2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1190000 | PA      | $1101102.84   | 0.03%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority                                                      | Ohio Water Development Authority, Drinking Water Assistance, Series 2025A                                                                              | CUSIP: 67765QSX5<br>LEI: 549300QMBH1DMY67FZ74 | Long             | DBT              | MUN               | US        |  10425000 | PA      | $10989439.73  | 0.31%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                            | Michigan Finance Authority, Public Lighting Authority Refunding Local Project                                                                          | CUSIP: 59447UAM2<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1115615.20   | 0.03%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                             | Indiana Finance Authority, State Revolving Fund Program, Series 2025C                                                                                  | CUSIP: 45506ELY7<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1133692.20   | 0.03%             | 2032-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corp.                                         | New York State Environmental Facilities Corp., State Clean Water and Drinking Water Revolving Funds, Municipal Water Finance Authority Projects - Seco | CUSIP: 64986DPL3<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5175015.50   | 0.15%             | 2053-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                                | Arkansas Development Finance Authority, Hybar Steel Project, Series 2023A                                                                              | CUSIP: 04108WCE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1058085.40   | 0.03%             | 2048-07-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp.                                             | Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement, Series 2021B-2                                                                 | CUSIP: 38122NB84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  57200000 | PA      | $5308108.52   | 0.15%             | 2066-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Nye County School District                                                            | Nye County School District, Series 2023                                                                                                                | CUSIP: 670692TW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1100135.60   | 0.03%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                                 | California Infrastructure and Economic Development Bank, California Academy of Science, Series 2024A                                                   | CUSIP: 13034A5B2<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5071671.00   | 0.14%             | 2029-08-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                                   | City of New York, Fiscal Year 2026                                                                                                                     | CUSIP: 64966SNZ5<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   6300000 | PA      | $7094561.67   | 0.20%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alvin Independent School District/TX                                                  | Alvin Independent School District, Unlimited Tax                                                                                                       | CUSIP: 0224473N4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1166971.83   | 0.03%             | 2033-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority Dedicated Revenue                      | Washington Metropolitan Area Transit Authority Dedicated, Second Lien, Series 2025A                                                                    | CUSIP: 93878YEB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7701109.50   | 0.22%             | 2055-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd      | Metropolitan Government Nashville and Davidson County, Health and Educational Facilities Board, Belmont University                                     | CUSIP: 592029AW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $456606.09    | 0.01%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority, Silver Cross Hospital and Medical Centers, Series 2025B-1                                                                  | CUSIP: 45204FM77<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3770336.50   | 0.11%             | 2043-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                         | Kentucky State Property and Building Commission, Project No. 131, Series A                                                                             | CUSIP: 49151F3S7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1078849.10   | 0.03%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indio Finance Authority                                                               | Indio Finance Authority, City of Indio, Series 2022A                                                                                                   | CUSIP: 45571LDD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $298328.31    | 0.01%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                                   | Washington Health Care Facilities Authority, Fred Hutchinson Cancer Research Center, Series 2024A                                                      | CUSIP: 97712JLH4<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1860000 | PA      | $2068149.25   | 0.06%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                     | State of Illinois, Series 2024B                                                                                                                        | CUSIP: 452153JU4<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5296072.50   | 0.15%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Puget Sound Regional Transit Authority                                        | Central Puget Sound Regional Transit Authority, Sales and Use Tax, Series 2021S-1                                                                      | CUSIP: 155048ED9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1956556.40   | 0.06%             | 2040-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority, KSU Bixby Real Estate Foundation LLC Project, Series 2025B                                                                   | CUSIP: 74439YFY2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    550000 | PA      | $540032.96    | 0.02%             | 2045-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Village Community Development District No. 15                                         | Village Community Development District No. 15                                                                                                          | CUSIP: 92708KAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $202974.10    | 0.01%             | 2028-05-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Florida State Board of Governors University of North Florida Dormitory Revenue        | Florida State Board of Governors University of North Florida Dormitory, Series 2023A                                                                   | CUSIP: 34157XAS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2205000 | PA      | $2278312.94   | 0.07%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                             | City of Houston Airport System, United Airlines, Inc., Terminal Improvement Projects, Series 2020A                                                     | CUSIP: 442349DG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2825000 | PA      | $2863256.15   | 0.08%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                                  | Chicago O'Hare International Airport, General Airport, Senior Lien, Series 2024D                                                                       | CUSIP: 1675936G2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1814051.88   | 0.05%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                                   | State of Washington Motor Vehicle Fuel Tax, Series 2024D                                                                                               | CUSIP: 93974EY26<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4121876.40   | 0.12%             | 2045-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fayetteville State University                                                         | Fayetteville State University, Student Housing Project, Series 2021                                                                                    | CUSIP: 312810EV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4270000 | PA      | $4436485.17   | 0.13%             | 2037-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp.                                             | New York Transportation Development Corp., John F. Kennedy International Airport New Terminal One Project, Series 2024                                 | CUSIP: 650116HD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1425000 | PA      | $1483688.63   | 0.04%             | 2039-06-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Mesa AZ Utility System Revenue                                                | City of Mesa Utility System                                                                                                                            | CUSIP: 5905452X6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1539331.20   | 0.04%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orlando Utilities Commission                                                          | Orlando Utilities Commission, Utility System, Series 2025A                                                                                             | CUSIP: 686507MQ4<br>LEI: 549300EJR7JVMRXL5D66 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1142006.10   | 0.03%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alaska Industrial Development & Export Authority                                      | Alaska Industrial Development and Export Authority, Tanana Chiefs Conference Project, Series 2019A                                                     | CUSIP: 011903GD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2110000 | PA      | $2104435.51   | 0.06%             | 2034-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Joaquin Valley Clean Energy Authority                                             | San Joaquin Valley Clean Energy Authority, Series 2025A                                                                                                | CUSIP: 79811YAK4<br>LEI: 254900VA5DFN33OVGH87 | Long             | DBT              | MUN               | US        |   2045000 | PA      | $2267502.34   | 0.06%             | 2056-01-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Town of Queen Creek AZ Excise Tax Revenue                                             | Town of Queen Creek Excise Tax                                                                                                                         | CUSIP: 74823YHD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5034905.50   | 0.14%             | 2054-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westchester County Local Development Corp.                                            | Westchester County Local Development Corp., Kendal on Hudson Project, Series 2022B                                                                     | CUSIP: 95737TFB7<br>LEI: 549300KOSU8OC75V9238 | Long             | DBT              | MUN               | US        |    240000 | PA      | $253598.28    | 0.01%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Industrial Development Authority                                    | Montgomery County Industrial Development Authority, Constellation Energy Generation, Series 2023A                                                      | CUSIP: 61361TAA9<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |  13305000 | PA      | $13613467.11  | 0.39%             | 2028-04-03      | Variable      | 4.10%                 | No            |                  2 | On Loan: No      |
| Intermountain Power Agency                                                            | Intermountain Power Agency, Utah Power Supply, Series 2023A                                                                                            | CUSIP: 45884AE74<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1465000 | PA      | $1606581.56   | 0.05%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority, Adventist Health System, Series 2025A                                                                            | CUSIP: 19648FZQ0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5472018.50   | 0.16%             | 2060-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| North Dakota Public Finance Authority                                                 | North Dakota Public Finance Authority, State Revolving Fund Program, Series 2024A                                                                      | CUSIP: 65887PZD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2160000 | PA      | $2265497.21   | 0.06%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vinton-Tecumseh School Building Corp.                                                 | Vinton-Tecumseh School Building Corp., Ad Valorem Property Tax                                                                                         | CUSIP: 927557NR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1232145.00   | 0.04%             | 2030-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                              | Arizona Industrial Development Authority, Equitable School Revolving Fund LLC, Series 2023A                                                            | CUSIP: 04052FDW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1505000 | PA      | $1627130.30   | 0.05%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority, KSU Bixby Real Estate Foundation LLC Project, Series 2025B                                                                   | CUSIP: 74439YFW6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    160000 | PA      | $169803.10    | 0.00%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Mortgage Finance Authority                                                 | New Mexico Mortgage Finance Authority, Mountain View II & III Apartments Project                                                                       | CUSIP: 64719HEQ9<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   5095000 | PA      | $5094786.52   | 0.15%             | 2042-02-01      | Variable      | 2.97%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp.                                               | New York City Housing Development Corp., Multi-Family Mortgage, 8 Spruce Street Project, Series 2024, Class F                                          | CUSIP: 64966TGX6<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   5300000 | PA      | $5438277.53   | 0.16%             | 2031-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                         | Main Street Natural Gas, Inc., Gas Supply, Series 2023D                                                                                                | CUSIP: 56035DFT4<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3720951.15   | 0.11%             | 2054-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Omaha Public Power District                                                           | Omaha Public Power District, Electric System, Series 2016A                                                                                             | CUSIP: 682001EZ1<br>LEI: 54930000VJEJ9CGIYG32 | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1085901.25   | 0.03%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Adams and Arapahoe Counties Joint School District 28J Aurora                          | Adams and Arapahoe Counties Joint School District 28J Aurora                                                                                           | CUSIP: 0054824T8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3375000 | PA      | $3669344.89   | 0.10%             | 2043-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                                 | Metropolitan Transportation Authority, Climate Bond, Series 2025A                                                                                      | CUSIP: 59261A5G8<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2001351.00   | 0.06%             | 2055-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                              | State of Connecticut Special Tax, Transportation Infrastructure Purpose, Series 2024B                                                                  | CUSIP: 207758T37<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10500000 | PA      | $10733523.15  | 0.31%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Jacksonville FL                                                               | City of Jacksonville, Series 2024                                                                                                                      | CUSIP: 469487VJ8<br>LEI: 549300XQE0JVN9WV0J40 | Long             | DBT              | MUN               | US        |   1690000 | PA      | $1738403.97   | 0.05%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority, Kahala Nui Project                                                                                                           | CUSIP: 74442PH73<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    380000 | PA      | $402825.12    | 0.01%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                        | New Jersey Transportation Trust Fund Authority, Transportation Program, Series 2023BB                                                                  | CUSIP: 64613CEH7<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3569367.90   | 0.10%             | 2050-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Melissa Independent School District                                                   | Melissa Independent School District, Unlimited Tax, Series 2024                                                                                        | CUSIP: 585488YZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $276632.88    | 0.01%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cumberland County Industrial Facilities & Pollution Control Financing Authority       | Cumberland County Industrial Facilities and Pollution Control Financing Authority, Solid Waste Disposal Project Hero, Series 2024                      | CUSIP: 230589AA1<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   3000000 | PA      | $3000630.60   | 0.09%             | 2027-12-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency                                                      | Minnesota Housing Finance Agency, Residential Housing, Series 2024O                                                                                    | CUSIP: 60416UGU3<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |   1975000 | PA      | $2214182.38   | 0.06%             | 2055-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Delaware River Port Authority                                                         | Delaware River Port Authority                                                                                                                          | CUSIP: 246352JH2<br>LEI: 549300OBM31KJO8JR048 | Long             | DBT              | MUN               | US        |   6250000 | PA      | $6841051.25   | 0.20%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Midway International Airport                                                  | Chicago Midway International Airport, Senior Lien, Series 2023A                                                                                        | CUSIP: 167562SH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1118568.66   | 0.03%             | 2053-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO                                                            | City and County of Denver, Series 2020B                                                                                                                | CUSIP: 249164QV9<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |    220000 | PA      | $242249.63    | 0.01%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                           | Washington Health Care Facilities Authority, Fred Hutchinson Cancer Research Center, Series 2025A                                                      | CUSIP: 93978HZC2<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |    750000 | PA      | $792021.60    | 0.02%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                          | New York City Transitional Finance Authority, Future Tax Secured, Fiscal Year 2025, Series 2025A, Subseries A-1                                        | CUSIP: 64972JJL3<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3303742.50   | 0.09%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Arkansas                                                                | University of Arkansas, Various Facilities Fayetteville Campus, Series 2024B                                                                           | CUSIP: 914073KB6<br>LEI: 549300FFADBQ3NEI2D96 | Long             | DBT              | MUN               | US        |   1055000 | PA      | $1186325.56   | 0.03%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| M-S-R Energy Authority                                                                | M-S-R Energy Authority, Series 2009B                                                                                                                   | CUSIP: 55374SAE0<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1194688.50   | 0.03%             | 2034-11-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| City of Lincoln NE Electric System Revenue                                            | City of Lincoln, Electric System                                                                                                                       | CUSIP: 534272J67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $51932.25     | 0.00%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp. IV                                     | Texas Municipal Gas Acquisition and Supply Corp. IV, Gas Supply, Series 2023A                                                                          | CUSIP: 88256PAG5<br>LEI: 549300PTUE847QDBBW22 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5333245.00   | 0.15%             | 2054-01-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                           | Virginia Small Business Financing Authority, Series 2021                                                                                               | CUSIP: 928103AU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1145000 | PA      | $900530.25    | 0.03%             | 2051-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Southern Illinois University                                                          | Southern Illinois University, Housing and Auxiliary Facilities, Series 2022A                                                                           | CUSIP: 8431465N7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $722847.44    | 0.02%             | 2029-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Airport System Revenue                                              | City of Austin, Airport System                                                                                                                         | CUSIP: 052398HL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1058501.10   | 0.03%             | 2035-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp.                                              | Arlington Higher Education Finance Corp., Lifeschool of Dallas, Series 2024                                                                            | CUSIP: 041807LH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    295000 | PA      | $329528.84    | 0.01%             | 2034-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii                                                                       | State of Hawaii, Series FK                                                                                                                             | CUSIP: 419792RR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30974.84     | 0.00%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Wake NC                                                                     | County of Wake, Series 2025A                                                                                                                           | CUSIP: 930876JE8<br>LEI: 5493007XQJHO082P1H29 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1130066.20   | 0.03%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority, Astro Texas Land Projects                                                                                                    | CUSIP: 74442PL86<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   4997752 | PA      | $4930061.37   | 0.14%             | 2036-12-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Walton County Water & Sewer Authority                                                 | Walton County Water and Sewer Authority, Hard Labor Creek Reservoir Water Treatment Facility Project                                                   | CUSIP: 93342PFB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $151707.67    | 0.00%             | 2035-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| West Virginia Hospital Finance Authority                                              | West Virginia Hospital Finance Authority, University Health System, Series 2023A                                                                       | CUSIP: 956622V68<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1868253.84   | 0.05%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                                       | California County Tobacco Securitization Agency, Series 2006A                                                                                          | CUSIP: 13016NCT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7500000 | PA      | $1611765.75   | 0.05%             | 2046-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Housing & Mortgage Finance Corp.                                         | Rhode Island Housing and Mortgage Finance Corp., Homeowenership, Series 84-A                                                                           | CUSIP: 76221SGK1<br>LEI: 254900N9FNYNPO539444 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001222.10   | 0.03%             | 2049-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Northwest                                                                      | Energy Northwest, Columbia Generating Station, Series 2021A                                                                                            | CUSIP: 29270C4L6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3760000 | PA      | $3535117.41   | 0.10%             | 2042-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas Housing Finance Corp.                                                  | City of Dallas Housing Finance Corp., Rosemont at Ash Creek Apartments, Series 2023                                                                    | CUSIP: 235298BS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1381937.56   | 0.04%             | 2026-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority, Mount Sinai Obligated Group                                                                                        | CUSIP: 64985SMS9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9662684.00   | 0.28%             | 2050-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Gainesville & Hall County Hospital Authority                                          | Gainesville and Hall County Hospital Authority, Northeast Georgia Health System, Inc., Project                                                         | CUSIP: 362762QZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1659094.95   | 0.05%             | 2030-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                                  | Chicago O'Hare International Airport, General Airport, Senior Lien, Series 2020A                                                                       | CUSIP: 167593N81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $213869.40    | 0.01%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Guam Government Waterworks Authority                                                  | Guam Government Waterworks Authority, Series 2024A                                                                                                     | CUSIP: 40065FEA8<br>LEI: N/A                  | Long             | DBT              | MUN               | GU        |   1810000 | PA      | $1850281.91   | 0.05%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pierce County School District No. 416 White River                                     | Pierce County School District No. 416 White River, Unlimited Tax                                                                                       | CUSIP: 720628KL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50314.55     | 0.00%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                            | Michigan Finance Authority, Public Lighting Authority Refunding Local Project                                                                          | CUSIP: 59447UAP5<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1110053.50   | 0.03%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Mesa AZ Utility System Revenue                                                | City of Mesa Utility System                                                                                                                            | CUSIP: 5905452V0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1910932.45   | 0.05%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indio Finance Authority                                                               | Indio Finance Authority, City of Indio, Series 2022A                                                                                                   | CUSIP: 45571LDF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $450670.00    | 0.01%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Health and Hospitals Corp.                                              | New York City Health and Hospitals Corp., Health System                                                                                                | CUSIP: 649674LQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2729374.25   | 0.08%             | 2037-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                              | New Hampshire Business Finance Authority, University of Nevada Reno Project, Series 2023A                                                              | CUSIP: 63610FBC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    715000 | PA      | $766479.43    | 0.02%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                                   | Washington Health Care Facilities Authority, Fred Hutchinson Cancer Research Center, Series 2024A                                                      | CUSIP: 97712JLL5<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1515000 | PA      | $1702666.99   | 0.05%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Salt River Project Agricultural Improvement & Power District                          | Salt River Project Agricultural Improvement and Power District, Series 2023A                                                                           | CUSIP: 79574CFL2<br>LEI: SHB8HO6GKXJ83RX5OV39 | Long             | DBT              | MUN               | US        |   2770000 | PA      | $2826632.10   | 0.08%             | 2047-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Meriden CT                                                                    | City of Meriden                                                                                                                                        | CUSIP: 5895355N9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1080000 | PA      | $1022047.42   | 0.03%             | 2043-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                                        | Buckeye Tobacco Settlement Financing Authority, Series 2020A-2, Class 1                                                                                | CUSIP: 118217CL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10500000 | PA      | $11256437.85  | 0.32%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Colorado                                                                     | State of Colorado, Building Excellent Schools Today, Series S                                                                                          | CUSIP: 19668QNS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000145.40   | 0.03%             | 2037-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority                                                               | Capital Trust Authority, IPS Enterprises, Inc., Projects, Series 2023A                                                                                 | CUSIP: 14054WAK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2060000 | PA      | $2078626.31   | 0.06%             | 2043-06-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| State of Hawaii Airports System Revenue                                               | State of Hawaii Airports System, Series 2025C                                                                                                          | CUSIP: 419794L34<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3150000 | PA      | $3167299.80   | 0.09%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Springdale AR Water & Sewer Revenue                                           | City of Springdale Water and Sewer                                                                                                                     | CUSIP: 850309BG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1085388.70   | 0.03%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cedar Hill Independent School District                                                | Cedar Hill Independent School District, Unlimited Tax, Series 2024                                                                                     | CUSIP: 1504293S5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $2081164.43   | 0.06%             | 2036-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                                 | North Carolina Housing Finance Agency, Homeownership-1998 Trust, Series 53-A                                                                           | CUSIP: 6582076L4<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |   2685000 | PA      | $2933814.92   | 0.08%             | 2055-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                       | California Community Choice Financing Authority, Clean Energy Project, Series 2023B-1                                                                  | CUSIP: 13013JCB0<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2565000 | PA      | $2705770.02   | 0.08%             | 2053-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp.                                                              | Build NYC Resource Corp., Kipp NYC Public School Facilities - Canal West Project                                                                       | CUSIP: 12008ETS5<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    230000 | PA      | $243022.21    | 0.01%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saratoga County Capital Resource Corp.                                                | Saratoga County Capital Resource Corp., WSWHE Boces Project                                                                                            | CUSIP: 80349LAM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $738883.95    | 0.02%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Omaha Public Power District                                                           | Omaha Public Power District, Electric System, Series 2016A                                                                                             | CUSIP: 682001EY4<br>LEI: 54930000VJEJ9CGIYG32 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30325.48     | 0.00%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Student Loan Liquidity Corp.                                                     | Iowa Student Loan Liquidity Corp., Student Loan, Series 2023B                                                                                          | CUSIP: 462590NR7<br>LEI: 549300FO1LWVSZKGJK70 | Long             | DBT              | MUN               | US        |    600000 | PA      | $612984.96    | 0.02%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                                    | County of Clark, Limited Tax, Series 2018B                                                                                                             | CUSIP: 180848XT5<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |    120000 | PA      | $127136.81    | 0.00%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                               | Los Angeles Department of Water and Power, Power System, Series 2025A                                                                                  | CUSIP: 544532PW8<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1501011.15   | 0.04%             | 2055-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                       | California Community Choice Financing Authority, Clean Energy Project, Series 2024H                                                                    | CUSIP: 13013JFW1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   5870000 | PA      | $6380840.86   | 0.18%             | 2056-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Montana Board of Housing                                                              | Montana Board of Housing, Series 2025B                                                                                                                 | CUSIP: 61212WD77<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3612752.65   | 0.10%             | 2055-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| City of Waco TX                                                                       | City of Waco, Combination Tax, Series 2024A                                                                                                            | CUSIP: 929831YC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010725.00   | 0.03%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                                 | City of San Antonio, Series 2024C                                                                                                                      | CUSIP: 79625GLA9<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2099582.00   | 0.06%             | 2049-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                             | City of Houston Airport System, United Airlines, Inc., Terminal Improvement Projects, Series 2024B                                                     | CUSIP: 442349HU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11300000 | PA      | $11841488.09  | 0.34%             | 2034-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                                   | City of New York, Fiscal Year 2025, Series 2025F                                                                                                       | CUSIP: 64966SKK1<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5626298.50   | 0.16%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Collin County Community College District                                              | Collin County Community College District                                                                                                               | CUSIP: 194742GB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2019989.18   | 0.06%             | 2042-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Louisiana Gasoline & Fuels Tax Revenue                                       | State of Louisiana Gasoline and Fuels Tax, Second Lien, Series 2023A-1                                                                                 | CUSIP: 546475VV3<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |  14900000 | PA      | $14900000.00  | 0.43%             | 2043-05-01      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| Champaign County Community Unit School District No. 4 Champaign                       | Champaign County Community Unit School District No. 4 Champaign, School Building                                                                       | CUSIP: 158249LE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $45364.62     | 0.00%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                     | Southeast Energy Authority A Cooperative District, Project No. 3, Series 2022A-1                                                                       | CUSIP: 84136FBL0<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1071463.40   | 0.03%             | 2029-12-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                                   | Pennsylvania Housing Finance Agency, Single Family Mortgage, Series 2023-141A                                                                          | CUSIP: 70879QSZ7<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   5275000 | PA      | $5617314.27   | 0.16%             | 2053-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Town of Hempstead NY                                                                  | Town of Hempstead                                                                                                                                      | CUSIP: 424672T37<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1877515.60   | 0.05%             | 2043-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Hennepin MN                                                                 | County of Hennepin, Series 2023A                                                                                                                       | CUSIP: 425507PB0<br>LEI: 254900YDNULMQREFAU43 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2274004.60   | 0.06%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp.                                  | New Hope Cultural Education Facilities Finance Corp., Legacy Midtown Park Project                                                                      | CUSIP: 64542UHM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $986961.50    | 0.03%             | 2044-07-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Tobacco Securitization Authority of Northern California                               | Tobacco Securitization Authority of Northern California, Sacramento County Tobacco Securitization Corp., Series 2021A, Class 1                         | CUSIP: 888794BN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $117112.00    | 0.00%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority                                         | Palm Beach County Health Facilities Authority, Jupiter Medical Center                                                                                  | CUSIP: 69651ACZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4108013.03   | 0.12%             | 2055-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Permanent University Fund - University of Texas System                                | Permanent University Fund - University of Texas System, Series 2025A                                                                                   | CUSIP: 915130BY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2269148.60   | 0.06%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Middleton Community Development District A                                            | Middleton Community Development District A, City of Wildwood, Florida Special Assessment                                                               | CUSIP: 596681AC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $257381.42    | 0.01%             | 2037-05-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                      | Pennsylvania Turnpike Commission, Series A-1                                                                                                           | CUSIP: 709224YV5<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     60000 | PA      | $62589.72     | 0.00%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Weslaco Independent School District                                                   | Weslaco Independent School District, Unlimited Tax, Series 2024                                                                                        | CUSIP: 950885WD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $875112.24    | 0.02%             | 2037-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Knox County Health Educational & Housing Facility Board                               | Knox County Health Educational and Housing Facility Board, University of Tennessee Project, Series 2024A-1                                             | CUSIP: 499526AH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $461329.25    | 0.01%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Casino Reinvestment Development Authority, Inc.                                       | Casino Reinvestment Development Authority, Inc., Luxury Tax, Series 2024A                                                                              | CUSIP: 14760RBB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $749452.48    | 0.02%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Buckeye AZ Excise Tax Revenue                                                 | City of Buckeye, Excise Tax                                                                                                                            | CUSIP: 118087FA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1750677.92   | 0.05%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority, Covenant Living Communities and Services, Series 2025A                                                           | CUSIP: 19648FZE7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1088231.40   | 0.03%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dublin City School District                                                           | Dublin City School District, Ohio School Facilities Unlimited Tax, Series 2024B                                                                        | CUSIP: 26371GYQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $712387.68    | 0.02%             | 2048-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Franklin Township-Marion County Multiple School Building Corp.                        | Franklin Township-Marion County Multiple School Building Corp., Valorem Property Tax First Mortgage, Series 2024                                       | CUSIP: 355137FY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1490167.66   | 0.04%             | 2037-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Joint Municipal Electric Utility Commission                                  | Missouri Joint Municipal Electric Utility Commission, Plum Point Project, Series 2024                                                                  | CUSIP: 606092PT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1211151.92   | 0.03%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Public Building Authority                                                    | Virginia Public Building Authority, Series 2015A                                                                                                       | CUSIP: 928172K38<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5003520.50   | 0.14%             | 2031-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                         | State of Ohio, Natural Resources, Series 2017V                                                                                                         | CUSIP: 677522VH4<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |     35000 | PA      | $36939.71     | 0.00%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp.                                                    | Tobacco Settlement Financing Corp., Series 2018B                                                                                                       | CUSIP: 888808HT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8825000 | PA      | $8481524.82   | 0.24%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine Health & Higher Educational Facilities Authority                                | Maine Health and Higher Educational Facilities Authority, Series 2024A                                                                                 | CUSIP: 56042SDT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1360000 | PA      | $1425989.10   | 0.04%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Nevada Department of Business & Industry                                     | State of Nevada Department of Business and Industry, Brighline West Passenger Rail Project, Series 2025A                                               | CUSIP: 641455AB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6510000 | PA      | $5982682.84   | 0.17%             | 2065-01-01      | Variable      | 9.50%                 | Yes           |                  2 | On Loan: No      |
| Energy Southeast A Cooperative District                                               | Energy Southeast A Cooperative District, Series 2023A-1                                                                                                | CUSIP: 292723AK9<br>LEI: 2549001SMMZ81MXBXZ89 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5435208.00   | 0.16%             | 2053-11-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                   | U.S. Treasury 10 Year Ultra Note                                                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |      -178 | NC      | $-93983.61    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Northwest Independent School District                                                 | Northwest Independent School District, Unlimited Tax, Series 2022A                                                                                     | CUSIP: 667826DU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007948.90   | 0.03%             | 2048-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                                   | State of Washington Motor Vehicle Fuel Tax, Series R-2025E                                                                                             | CUSIP: 93974FAW3<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   6860000 | PA      | $7540275.33   | 0.22%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Frisco Independent School District                                                    | Frisco Independent School District, Unlimited Tax                                                                                                      | CUSIP: 35880C2Y9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1105000 | PA      | $1207047.63   | 0.03%             | 2036-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority, Eskaton Properties, Inc. Obligated Group, Series 2024                                                          | CUSIP: 13048VY51<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1066178.90   | 0.03%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Economic Development Finance Authority                                       | Kentucky Economic Development Finance Authority, Baptist Healthcare System Obligated Group, Series 2017B                                               | CUSIP: 49126KKP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $171622.57    | 0.00%             | 2029-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Geisinger Authority                                                                   | Geisinger Authority, Health System, Series 2020A                                                                                                       | CUSIP: 368497JU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4379652.00   | 0.13%             | 2050-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Hospital Finance Authority                                             | Michigan State Hospital Finance Authority, Corewell Health, Series 2025B-1                                                                             | CUSIP: 59465HXE1<br>LEI: 54930011MIBQ2P7ZNM19 | Long             | DBT              | MUN               | US        |   3160000 | PA      | $3434354.68   | 0.10%             | 2055-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                                   | State of Washington Motor Vehicle Fuel Tax, Series 2025C                                                                                               | CUSIP: 93974E5W2<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   5040000 | PA      | $5623375.46   | 0.16%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Intermountain Power Agency                                                            | Intermountain Power Agency, Utah Power Supply                                                                                                          | CUSIP: 45884AK85<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1610000 | PA      | $1667412.28   | 0.05%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Housing Options, Inc.                                                                 | Housing Options, Inc., The Culbreath                                                                                                                   | CUSIP: 44183TAM5<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   5000000 | PA      | $5088825.00   | 0.15%             | 2045-11-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                                   | Wisconsin Health and Educational Facilities Authority, Aspirus, Inc., Obligated Group                                                                  | CUSIP: 97712JMS9<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008225.40   | 0.03%             | 2050-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL                                                               | County of Miami-Dade, Jackson Health System                                                                                                            | CUSIP: 59333TGC8<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3152188.50   | 0.09%             | 2055-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| JEA Water & Sewer System Revenue                                                      | JEA Water and Sewer System, Series 2024A                                                                                                               | CUSIP: 46615SFP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5283382.50   | 0.15%             | 2054-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                                 | Illinois State Toll Highway Authority, Series 2024A                                                                                                    | CUSIP: 452252QS1<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   2360000 | PA      | $2543690.13   | 0.07%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                                   | Washington Health Care Facilities Authority, Fred Hutchinson Cancer Research Center, Series 2024A                                                      | CUSIP: 97712JLE1<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   3205000 | PA      | $3472128.10   | 0.10%             | 2029-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp.                                               | City of Phoenix Civic Improvement Corp., Junior Lien, Wastewater System, Series 2023                                                                   | CUSIP: 71883PMK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1870000 | PA      | $1968201.74   | 0.06%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Three Rivers Regional Wastewater Authority                                            | Three Rivers Regional Wastewater Authority, Series 2024                                                                                                | CUSIP: 885754AN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1381821.54   | 0.04%             | 2037-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Board of Regents                                                              | Arizona Board of Regents, State University                                                                                                             | CUSIP: 040664NJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2735000 | PA      | $3110040.70   | 0.09%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority, Centerpointjoliet Terminal, Series 2020                                                                                    | CUSIP: 45203PAB0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | STIV             | MUN               | US        |   2750000 | PA      | $2640893.48   | 0.08%             | 2050-12-01      | Variable      | 4.12%                 | Yes           |                  2 | On Loan: No      |
| Ohio Water Development Authority                                                      | Ohio Water Development Authority, Drinking Water Assistance, Series 2024A                                                                              | CUSIP: 67765QPG5<br>LEI: 549300QMBH1DMY67FZ74 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1411933.12   | 0.04%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts State College Building Authority                                        | Massachusetts State College Building Authority, Series 2017D                                                                                           | CUSIP: 575831DD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $47003.49     | 0.00%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Tennessee                                                                    | State of Tennessee, Series 2023A                                                                                                                       | CUSIP: 880541J40<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5457264.00   | 0.16%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas State Affordable Housing Corp.                                                  | Texas State Affordable Housing Corp., Juniper Creek Apartments Project, Series 2023                                                                    | CUSIP: 88271FFP3<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   3000000 | PA      | $3023028.30   | 0.09%             | 2044-07-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                           | Washington Health Care Facilities Authority, Fred Hutchinson Cancer Research Center, Series 2025A                                                      | CUSIP: 93978HZD0<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1074446.80   | 0.03%             | 2029-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                            | Michigan Finance Authority, Public Lighting Authority Refunding Local Project                                                                          | CUSIP: 59447UAS9<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1119118.25   | 0.03%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                           | San Diego County Regional Airport Authority, Senior Private Activity                                                                                   | CUSIP: 79739GRD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2129297.00   | 0.06%             | 2038-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp.                                             | New York Transportation Development Corp., Delta Air Lines, Inc., LaGuardia Airport Terminals C&D Redevelopment Project                                | CUSIP: 650116CN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8870000 | PA      | $8986803.71   | 0.26%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp.                                                    | Tobacco Settlement Financing Corp., Series 2018A                                                                                                       | CUSIP: 888808HK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8217375.20   | 0.23%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Great Lakes Water Authority Sewage Disposal System Revenue                            | Great Lakes Water Authority Sewage Disposal System, Second Lien, Series 2023A                                                                          | CUSIP: 39081HER9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1074903.50   | 0.03%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                              | New Hampshire Business Finance Authority, Winston Salem Sustainable Energy Partners, Series 2025A                                                      | CUSIP: 63607YCQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1910000 | PA      | $2046111.95   | 0.06%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                                  | Chicago O'Hare International Airport, Customer Facility Charge Senior Lien, Series 2023                                                                | CUSIP: 1675933Y6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1265000 | PA      | $1366876.14   | 0.04%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                      | California Health Facilities Financing Authority, Adventist Health System, Series 2024A                                                                | CUSIP: 13032UT73<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   5355000 | PA      | $5613402.85   | 0.16%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Rhode Island                                                                 | State of Rhode Island and Providence Plantations Consolidated Capital Development Loan, Series 2018A                                                   | CUSIP: 76222RWG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $79750.46     | 0.00%             | 2029-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orchard Farm R-V School District                                                      | Orchard Farm R-V School District, Missouri Direct Deposit Program, Series 2024A                                                                        | CUSIP: 68562PHU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5325000 | PA      | $5935510.19   | 0.17%             | 2041-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority                                                      | Ohio Water Development Authority, Series 2023A                                                                                                         | CUSIP: 67765QNF9<br>LEI: 549300QMBH1DMY67FZ74 | Long             | DBT              | MUN               | US        |   1335000 | PA      | $1472848.76   | 0.04%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Adams County Housing Authority                                                        | Adams County Housing Authority, Maiker Housing Partners Multifamily Housing, Overlook At Thornton, Series 2023                                         | CUSIP: 56031AAA0<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   3300000 | PA      | $3323030.04   | 0.09%             | 2042-05-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                               | Municipal Electric Authority of Georgia Project, Series 2024B                                                                                          | CUSIP: 62620HJF0<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1056988.00   | 0.03%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp.                                             | New York Transportation Development Corp., Delta Air Lines, Inc., LaGuardia Airport Terminals C&D Redevelopment Project, Series 2023                   | CUSIP: 650116GN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3253152.90   | 0.09%             | 2035-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Vancouver Housing Authority                                                           | Vancouver Housing Authority, Series 2025                                                                                                               | CUSIP: 921626PU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5833975.80   | 0.17%             | 2038-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                     | State of Illinois                                                                                                                                      | CUSIP: 452152D99<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001207.00   | 0.03%             | 2032-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                     | Southeast Energy Authority A Cooperative District, Project No. 2, Series 2021B                                                                         | CUSIP: 84136FAV9<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   2115000 | PA      | $2106054.18   | 0.06%             | 2031-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                               | Port Authority of New York and New Jersey, Consolidated, Series 248                                                                                    | CUSIP: 73358XPY2<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2032201.20   | 0.06%             | 2050-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp.                                              | Arlington Higher Education Finance Corp., Trinity Basin Preparatory, Inc.                                                                              | CUSIP: 041807BQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $110053.03    | 0.00%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alaska Housing Finance Corp.                                                          | Alaska Housing Finance Corp., State Capital Project, Series II 2024A                                                                                   | CUSIP: 011839N86<br>LEI: 549300HJ8NOJNYW6ER36 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1056260.30   | 0.03%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Permanent University Fund - University of Texas System                                | Permanent University Fund - University of Texas System, Series 2016B                                                                                   | CUSIP: 9151158E2<br>LEI: 549300GZUEUTLKVGLF98 | Long             | DBT              | MUN               | US        |   7985000 | PA      | $7895740.48   | 0.23%             | 2038-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                                   | City of New York, Fiscal Year 2021, Series 2021F, Subseries F-1                                                                                        | CUSIP: 64966QVM9<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1053298.90   | 0.03%             | 2037-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                      | Pennsylvania Turnpike Commission, Subordinate, Series 2023-1                                                                                           | CUSIP: 709225GY6<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    750000 | PA      | $817748.03    | 0.02%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency, Amherst College Issue, Series 2025A                                                                          | CUSIP: 57585BKD9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5693515.00   | 0.16%             | 2055-11-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                         | Commonwealth of Massachusetts, Consolidated Loan of 2020, Series 2020E                                                                                 | CUSIP: 57582RK47<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   3210000 | PA      | $3232571.12   | 0.09%             | 2050-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Bryan TX Waterworks & Sewer Revenue                                           | City of Bryan Waterworks and Sewer, Series 2025                                                                                                        | CUSIP: 117622PG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2528018.08   | 0.07%             | 2045-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Maine Turnpike Authority                                                              | Maine Turnpike Authority                                                                                                                               | CUSIP: 560551RU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2037534.66   | 0.06%             | 2040-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Township of Hampton PA                                                                | Township of Hampton                                                                                                                                    | CUSIP: 409468LE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $612878.14    | 0.02%             | 2047-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                           | Washington State Housing Finance Commission, Blakeley and Laurel Villages Portfolio, Series 2025A                                                      | CUSIP: 93978LJM9<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2416724.25   | 0.07%             | 2050-07-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Wyoming Community Development Authority                                               | Wyoming Community Development Authority, Series 2023-1                                                                                                 | CUSIP: 98322QE78<br>LEI: 549300UQ62NB8FGTHW65 | Long             | DBT              | MUN               | US        |   1260000 | PA      | $1337476.14   | 0.04%             | 2053-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Suffolk Regional Off-Track Betting Corp.                                              | Suffolk Regional Off-Track Betting Co.                                                                                                                 | CUSIP: 86480TAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1891750.01   | 0.05%             | 2053-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                                        | Buckeye Tobacco Settlement Financing Authority, Series 2020A-2, Class 1                                                                                | CUSIP: 118217CT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2460926.26   | 0.07%             | 2037-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Baldwin County Industrial Development Authority                                       | Baldwin County Industrial Development Authority, Novelis Corp., Project, Series 2025A                                                                  | CUSIP: 05786PAA1<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |  10000000 | PA      | $10014251.00  | 0.29%             | 2055-06-01      | Variable      | 5.00%                 | Yes           |                  2 | On Loan: No      |
| City of Meriden CT                                                                    | City of Meriden, Series 2023                                                                                                                           | CUSIP: 5895355L3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    790000 | PA      | $775937.61    | 0.02%             | 2041-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency, Boston Medical Center Issue, Series 2023G                                                                    | CUSIP: 57584Y4R7<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    750000 | PA      | $795911.55    | 0.02%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp.                            | Tarrant County Cultural Education Facilities Finance Corp., Baylor Scott & White Health Project, Series 2022F                                          | CUSIP: 87638QSG5<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   2215000 | PA      | $2408149.33   | 0.07%             | 2052-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Airport Passenger Facility Charge                                  | City of Atlanta, Airport Passenger Facility Charge, Subordinate Lien, Series 2019D                                                                     | CUSIP: 04780TDL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2350000 | PA      | $2264756.34   | 0.06%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                         | Kentucky State Property and Building Commission, Project No. 132, Series A                                                                             | CUSIP: 49151F4T4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3650000 | PA      | $4094368.89   | 0.12%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Trinity River Authority                                                               | Trinity River Authority of Texas, Livingston Regional Water Supply System Project, Series 2023                                                         | CUSIP: 896560XU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1263489.49   | 0.04%             | 2037-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Housing Finance Agency                                                       | Oklahoma Housing Finance Agency, Home Ownership Loan Program, Series 2025A                                                                             | CUSIP: 67886MW88<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4512450.80   | 0.13%             | 2056-09-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority, Centerpointjoliet Terminal                                                                                                 | CUSIP: 45203PAD6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | STIV             | MUN               | US        |   2500000 | PA      | $2501715.00   | 0.07%             | 2043-12-01      | Variable      | 4.80%                 | Yes           |                  2 | On Loan: No      |
| Trinity River Authority                                                               | Trinity River Authority, Water Project                                                                                                                 | CUSIP: 89657PGT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $60618.55     | 0.00%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority, State Personal Income Tax, General Purpose, Series 2021E                                                           | CUSIP: 64990KFV0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2820000 | PA      | $2659661.57   | 0.08%             | 2040-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Waterworks Revenue                                                 | City of Chicago, Waterworks, Second Lien, Series 2001                                                                                                  | CUSIP: 167736SJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5880095.10   | 0.17%             | 2030-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Oklahoma Water Resources Board                                                        | Oklahoma Water Resources Board, State Loan Program, Series 2023A                                                                                       | CUSIP: 67920QY69<br>LEI: 5493007CUNXW5UX11C71 | Long             | DBT              | MUN               | US        |   3720000 | PA      | $3465874.15   | 0.10%             | 2043-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority Water Pollution Control Loan Fund                    | Ohio Water Development Authority Water Pollution Control Loan Fund, Series 2024C                                                                       | CUSIP: 67766WQ21<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   1250000 | PA      | $1250000.00   | 0.04%             | 2054-12-01      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| Public Power Generation Agency                                                        | Public Power Generation Agency, Whelan Energy Center Unit 2, Series 2024A                                                                              | CUSIP: 744434EZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1430000 | PA      | $1513026.09   | 0.04%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Decatur IL                                                                    | City of Decatur                                                                                                                                        | CUSIP: 243127VN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $131628.78    | 0.00%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority, State Sales Tax, Series 2024B                                                                                      | CUSIP: 64990AWV3<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3036024.30   | 0.09%             | 2049-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Children's Trust Fund                                                                 | Children's Trust Fund, Tobacco Settlement Asset-Backed, Series 2005A                                                                                   | CUSIP: 16876QBJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |  17050000 | PA      | $3283954.47   | 0.09%             | 2050-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Idaho Health Facilities Authority                                                     | Idaho Health Facilities Authority, St. Luke's Health System Project, Series 2025B                                                                      | CUSIP: 451295H51<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |   8295000 | PA      | $9007967.69   | 0.26%             | 2060-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Municipality of Anchorage AK                                                          | Municipality of Anchorage, Series 2024A                                                                                                                | CUSIP: 033252BE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1977436.08   | 0.06%             | 2030-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Union County Hospital Facility Authority                                              | Union County Hospital Facility Authority, Grande Ronde Hospital, Inc., Series 2022                                                                     | CUSIP: 906420BQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $303763.53    | 0.01%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles CA Wastewater System Revenue                                      | City of Los Angeles, Wastewater System, Subordinate, Series 2025A                                                                                      | CUSIP: 53945CMD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018143.00   | 0.03%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority, Multi-Family Housing, View At San Bruno, Series 2024A-1                                                        | CUSIP: 130483HC7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1856622.25   | 0.05%             | 2056-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                       | New York City Municipal Water Finance Authority, Water and Sewer System, Second General Resolution, Series 2009BB-2                                    | CUSIP: 64972FWL6<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | STIV             | MUN               | US        |   2400000 | PA      | $2400000.00   | 0.07%             | 2039-06-15      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| Chicago Transit Authority Sales Tax Receipts Fund                                     | Chicago Transit Authority Sales Tax Receipts Fund, Series 2024A                                                                                        | CUSIP: 16772PEP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8250000 | PA      | $8128488.23   | 0.23%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Kansas Department of Transportation                                          | State of Kansas Department of Transportation, Series 2025A                                                                                             | CUSIP: 485424UB9<br>LEI: 5493001635XK841MIO47 | Long             | DBT              | MUN               | US        |   2010000 | PA      | $2132095.84   | 0.06%             | 2041-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Tobacco Settlement Authority                                                     | Iowa Tobacco Settlement Authority, Subordinate Senior Capital Appreciation Asset Backed, Series 2021-B-2, Class 2                                      | CUSIP: 888805CJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  39655000 | PA      | $5483711.50   | 0.16%             | 2065-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| County of Clark Department of Aviation                                                | County of Clark Department of Aviation, Series 2019D                                                                                                   | CUSIP: 18085PSJ4<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |   4455000 | PA      | $4796494.46   | 0.14%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                           | Washington State Housing Finance Commission, Radford Court and Nordheim Court, Series 2024                                                             | CUSIP: 93978LHF6<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2020729.40   | 0.06%             | 2049-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| State of Florida                                                                      | State of Florida Board of Education, Public Education Capital Outlay, Series 2017B                                                                     | CUSIP: 34153QKS4<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |     75000 | PA      | $77821.97     | 0.00%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bucks County Water and Sewer Authority                                                | Bucks County Water and Sewer Authority, Series 2022A                                                                                                   | CUSIP: 118683JN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $128685.38    | 0.00%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alaska Industrial Development & Export Authority                                      | Alaska Industrial Development and Export Authority, Tanana Chiefs Conference Project, Series 2019A                                                     | CUSIP: 011903GC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1574483.40   | 0.04%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                        | New Jersey Transportation Trust Fund Authority, Transportation System, Series 2018A                                                                    | CUSIP: 6461364C2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    250000 | PA      | $256268.68    | 0.01%             | 2031-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri                    | Health and Educational Facilities Authority of the State of Missouri, St. Luke's Episcopal-Presbyterian Hospitals, Series 2015B                        | CUSIP: 60637AJZ6<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    165000 | PA      | $165164.13    | 0.00%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                                  | Triborough Bridge and Tunnel Authority, Payroll Mobility Tax, Series 2025B-2                                                                           | CUSIP: 89602HJB4<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10923449.00  | 0.31%             | 2029-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                           | Metropolitan Washington Airports Authority Aviation, Series 2020A                                                                                      | CUSIP: 592647HQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1723490.13   | 0.05%             | 2035-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Housing Corp.                                                               | Louisiana Housing Corp., Single Family Mortgage, Series 2025A                                                                                          | CUSIP: 54627DTY7<br>LEI: 549300VL35TBE7RSJH61 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2214069.60   | 0.06%             | 2055-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                       | New York City Municipal Water Finance Authority, Water and Sewer System, Second General Resolution, Fiscal Year 2023, Series 2023AA Subseries AA-1     | CUSIP: 64972GB60<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3061989.00   | 0.09%             | 2052-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Terrell Independent School District/TX                                                | Terrell Independent School District, Kaufman and Hunt Counties, Unlimited Tax                                                                          | CUSIP: 881405NQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2684090.50   | 0.08%             | 2038-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                           | Virginia Small Business Financing Authority, Environmental Facilities Pure Salmon Virginia LLC Project                                                 | CUSIP: 92810RAC1<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   7000000 | PA      | $7004764.90   | 0.20%             | 2052-11-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                                 | Metropolitan Transportation Authority, Climate Bond, Series 2017C-1                                                                                    | CUSIP: 59261AQE0<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |  14360000 | PA      | $14988360.57  | 0.43%             | 2033-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                                   | City of New York, Fiscal Year 2025, Series 2025G, Subseries G-1                                                                                        | CUSIP: 64966SLS3<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3904912.90   | 0.11%             | 2036-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                                   | City of New York, Fiscal Year 2023, Series 2023A, Subseries A-1                                                                                        | CUSIP: 64966QG79<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4390450.50   | 0.13%             | 2046-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pima County Unified School District No. 1 Tucson                                      | Pima County Unified School District No. 1 Tucson, Project of 2023, Series 2024A                                                                        | CUSIP: 721799J54<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1806812.36   | 0.05%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Shelby County Health Educational & Housing Facilities Board                           | Shelby County Health Educational and Housing Facilities Board, Baptism Memorial Health Obligated Group, Series 2024A                                   | CUSIP: 821691AA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2960000 | PA      | $3242635.30   | 0.09%             | 2034-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                              | Arizona Industrial Development Authority, KIPP NYC Public Charter Schools Jerome Facility Project, Series 2021B                                        | CUSIP: 04052BQU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1430000 | PA      | $1254936.68   | 0.04%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                         | Commonwealth of Massachusetts, Consolidated Loan of 2023, Series 2023A                                                                                 | CUSIP: 57582R2Q8<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   1805000 | PA      | $2052416.77   | 0.06%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Sanitary Authority                                                   | Allegheny County Sanitary Authority, Sewer, Series 2024                                                                                                | CUSIP: 017357P81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1060000 | PA      | $1193740.94   | 0.03%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Alabama Gas District (The)                                                      | Lower Alabama Gas District (The), Gas Project, Series 2016A                                                                                            | CUSIP: 547804AD6<br>LEI: 549300YTI1NTDG2OVU42 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1333060.25   | 0.04%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Valparaiso IN                                                                 | City of Valparaiso, Green Oaks of Valparaiso Project                                                                                                   | CUSIP: 920286AA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $171961.46    | 0.00%             | 2041-12-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Southern Illinois University                                                          | Southern Illinois University, Housing and Auxiliary Facilities, Series 2022A                                                                           | CUSIP: 8431465P2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $866541.12    | 0.02%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport          | San Francisco City and County Airport Comm-San Francisco International Airport, Series 2016B                                                           | CUSIP: 79766DGF0<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1177823.64   | 0.03%             | 2046-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority, State Personal Income Tax, Series 2021E                                                                            | CUSIP: 64990KDS9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |      5000 | PA      | $5383.70      | 0.00%             | 2040-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Denver City & County School District No. 1                                            | Denver City and County School District No. 1, Series 2025A                                                                                             | CUSIP: 249174YV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4040000 | PA      | $4658265.04   | 0.13%             | 2035-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government of Nashville & Davidson County TN Water & Sewer Revenue       | Metropolitan Government of Nashville and Davidson County Water and Sewer                                                                               | CUSIP: 5920983Q8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2543224.50   | 0.07%             | 2050-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Petaluma Public Financing Authority                                                   | Petaluma Public Financing Authority, Road Improvement Projects                                                                                         | CUSIP: 71600NAE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $122160.71    | 0.00%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                                  | Triborough Bridge and Tunnel Authority, MTA Bridges and Tunnels, TBTA Capital Lockbox, Series 2025A                                                    | CUSIP: 896032BC2<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $910827.20    | 0.03%             | 2056-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Central Texas Turnpike System                                                         | Central Texas Turnpike System, First Tier, Series 2024A                                                                                                | CUSIP: 88283KBR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1122228.00   | 0.03%             | 2032-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of West Palm Beach FL Utility System Revenue                                     | City of West Palm Beach Utility System, Series 2017A                                                                                                   | CUSIP: 955121QA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5095000 | PA      | $5127899.94   | 0.15%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority, Waste Management, Inc., Project, Series 2022A                                                                  | CUSIP: 13048RAL1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | STIV             | MUN               | US        |   1500000 | PA      | $1500137.85   | 0.04%             | 2041-10-01      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| Indiana State University                                                              | Indiana State University, Housing and Dining System                                                                                                    | CUSIP: 455114NB0<br>LEI: 5493004D3AY6L1VGGU46 | Long             | DBT              | MUN               | US        |     75000 | PA      | $77099.74     | 0.00%             | 2031-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                                   | Idaho Housing and Finance Association, Single Family Mortgage, Series 2025C                                                                            | CUSIP: 45130BCH4<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   5300000 | PA      | $5973568.52   | 0.17%             | 2056-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                             | Indiana Finance Authority, State Revolving Fund Program, Series 2025C                                                                                  | CUSIP: 45506EMB6<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1141339.20   | 0.03%             | 2035-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                            | Michigan Finance Authority, Public Lighting Authority Refunding Local Project                                                                          | CUSIP: 59447UAT7<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1056180.00   | 0.03%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Authority                                                   | Virginia College Building Authority Educational Facilities, 21St Century College and Equipment Programs, Series 2023B                                  | CUSIP: 92778VNG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $170455.68    | 0.00%             | 2033-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                                   | City of New York, Fiscal Year 2018, Series B-5                                                                                                         | CUSIP: 64966MSD2<br>LEI: 549300ABYZD2SFD5JB29 | Long             | STIV             | MUN               | US        |  13185000 | PA      | $13185000.00  | 0.38%             | 2046-10-01      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                                    | City of Detroit, Unlimited Tax, Series 2023C                                                                                                           | CUSIP: 2510936E5<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1280803.92   | 0.04%             | 2043-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                                       | State of Oregon, Article XI-F Project, Series 2025F                                                                                                    | CUSIP: 68609URJ6<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1128953.00   | 0.03%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saratoga County Capital Resource Corp.                                                | Saratoga County Capital Resource Corp., WSWHE Boces Project                                                                                            | CUSIP: 80349LAH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    760000 | PA      | $834039.12    | 0.02%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                              | Arizona Industrial Development Authority, Academies of Math and Science Projects                                                                       | CUSIP: 04052BSW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    465000 | PA      | $460454.30    | 0.01%             | 2033-07-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Waxahachie Independent School District                                                | Waxahachie Independent School District, Series 2024                                                                                                    | CUSIP: 944097ZX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1077239.40   | 0.03%             | 2038-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                           | Virginia Small Business Financing Authority, Senior Lien, Elizabeth River Crossing Opco, LLC Project                                                   | CUSIP: 928104NM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $253594.90    | 0.01%             | 2032-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Indiana Municipal Power Agency                                                        | Indiana Municipal Power Agency, Power Supply System, Series 2025A                                                                                      | CUSIP: 454898YD3<br>LEI: AX0ZCCVOQ71Z4RXBL233 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1294211.38   | 0.04%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mason County School District No. 309 Shelton                                          | Mason County School District No. 309 Shelton, Unlimited Tax                                                                                            | CUSIP: 575141KZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $46719.50     | 0.00%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority, Silver Cross Hospital and Medical Centers, Series 2025B-2                                                                  | CUSIP: 45204FM85<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5317914.50   | 0.15%             | 2044-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Ocean City MD                                                                 | Town of Ocean City, Series 2023                                                                                                                        | CUSIP: 674667WN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $930882.40    | 0.03%             | 2043-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TSASC, Inc.                                                                           | TSASC, Inc., Series A                                                                                                                                  | CUSIP: 898526FD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004676.40   | 0.03%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corp.                                                        | Sales Tax Securitization Corp., Senior Lien, Series 2024A                                                                                              | CUSIP: 79467BHN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1674363.15   | 0.05%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saratoga County Capital Resource Corp.                                                | Saratoga County Capital Resource Corp., WSWHE Boces Project                                                                                            | CUSIP: 80349LAG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $418099.28    | 0.01%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                                 | Pennsylvania Economic Development Financing Authority, Waste Management, Inc. Project, Series 2021A-2                                                  | CUSIP: 708692BZ0<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   5000000 | PA      | $5016665.50   | 0.14%             | 2046-10-01      | Variable      | 4.60%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority, Uchicago Medicine, Series 2022B-2                                                                                          | CUSIP: 45204FTD7<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1036719.70   | 0.03%             | 2052-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of El Paso TX Water & Sewer Revenue                                              | City of Paso Water and Sewer                                                                                                                           | CUSIP: 283822ZH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1190000 | PA      | $1324061.71   | 0.04%             | 2034-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                                   | City of New York, Fiscal Year 2024, Series 2025, Subseries C-1                                                                                         | CUSIP: 64966SHG4<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1163046.75   | 0.03%             | 2047-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Municipal Power Agency                                                        | Indiana Municipal Power Agency, Power Supply System, Series 2025A                                                                                      | CUSIP: 454898YE1<br>LEI: AX0ZCCVOQ71Z4RXBL233 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1058374.20   | 0.03%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Spotsylvania VA Water & Sewer System Revenue                                | County of Spotsylvania Water and Sewer System, Series 2024                                                                                             | CUSIP: 849269MM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1034965.39   | 0.03%             | 2046-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                        | Lower Colorado River Authority, LCRA Transmission Services Corp., Project                                                                              | CUSIP: 54811BQT1<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000675.90   | 0.03%             | 2034-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County College District                                                       | Tarrant County College District, Series 2022                                                                                                           | CUSIP: 87638KCR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1071986.80   | 0.03%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Development Authority of Monroe County (The)                                          | Development Authority of Monroe County (The), Georgia Power Co. Plant Scherer Project, Series 2009-2                                                   | CUSIP: 610530FY8<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   1415000 | PA      | $1420630.57   | 0.04%             | 2026-03-06      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                             | Indiana Finance Authority, Franciscan Alliance, Inc., Obligated Group, Series 2017C                                                                    | CUSIP: 45470YEN7<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    115000 | PA      | $115496.27    | 0.00%             | 2034-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Town of Brookline MA                                                                  | Town of Brookline, Purpose Loan                                                                                                                        | CUSIP: 113746EK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2855000 | PA      | $2659730.28   | 0.08%             | 2044-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                               | Port Authority of New York and New Jersey, Consolidated, Series 248                                                                                    | CUSIP: 73358XPJ5<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1921283.73   | 0.05%             | 2032-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Northwest                                                                      | Energy Northwest, Project 1, Series 2017A                                                                                                              | CUSIP: 29270CU52<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $57515.25     | 0.00%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                                    | South Carolina Jobs-Economic Development Authority, Foothill Affordable Housing, Series 2025                                                           | CUSIP: 837031H63<br>LEI: 5493006X47I9VG3DL112 | Long             | STIV             | MUN               | US        |   8000000 | PA      | $7921075.20   | 0.23%             | 2062-03-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp.                                                | Clifton Higher Education Finance Corp., Idea Public Schools, Series 2024                                                                               | CUSIP: 187145TQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1045535.40   | 0.03%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bartow County Development Authority                                                   | Bartow County Development Authority, Georgia Power Co. Plant, Series 2009-1                                                                            | CUSIP: 069643BN3<br>LEI: 5493006KLI0V8YELKW50 | Long             | STIV             | MUN               | US        |   2000000 | PA      | $2047175.40   | 0.06%             | 2032-12-01      | Variable      | 3.95%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corp.                                                        | Sales Tax Securitization Corp., Second Lien, Series 2020A                                                                                              | CUSIP: 79467BDA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1631567.18   | 0.05%             | 2040-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                         | Kentucky State Property and Building Commission, Project No. 131, Series A                                                                             | CUSIP: 49151F3U2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1557382.96   | 0.04%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Georgetown Independent School District                                                | Georgetown Independent School District                                                                                                                 | CUSIP: 373046G88<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4824143.98   | 0.14%             | 2037-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                         | Kentucky State Property and Building Commission, Project No. 130, Series 2024B                                                                         | CUSIP: 49151F3D0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1111312.90   | 0.03%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                       | California Community Choice Financing Authority, Clean Energy Project, Series 2024G                                                                    | CUSIP: 13013JFS0<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4170660.40   | 0.12%             | 2055-11-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Community Development Administration                                         | Maryland Community Development Administration, Multi- Family, Villages At Marley Station, Series 2024D-2                                               | CUSIP: 20364NCK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2538051.25   | 0.07%             | 2029-01-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Suffolk Regional Off-Track Betting Corp.                                              | Suffolk Regional Off-Track Betting Corp., Series 2024                                                                                                  | CUSIP: 86480TAB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2940000 | PA      | $2940067.33   | 0.08%             | 2044-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                          | New York City Transitional Finance Authority, Future Tax Secured, Subordinate, Fiscal Year 2025, Series 2025F, Subseries F-1                           | CUSIP: 64972JQC5<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2263858.00   | 0.06%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Seminole County Industrial Development Authority                                      | Seminole County Industrial Development Authority, Legacy Pointe at UCF Project, Series 2019A                                                           | CUSIP: 81669TAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1414079.25   | 0.04%             | 2039-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Capital Projects Finance Authority/FL                                                 | Capital Projects Finance Authority, Student Housing, Program Unionwest Properties LLC Project, Series 2024B                                            | CUSIP: 140427CK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13700000 | PA      | $1626692.79   | 0.05%             | 2062-06-01      | Variable      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| State of Texas                                                                        | State of Texas, College Student Loan                                                                                                                   | CUSIP: 8827242T3<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |   2170000 | PA      | $2349004.82   | 0.07%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                          | New York City Transitional Finance Authority, Future Tax Secured, Fiscal Year 2024, Series 2024C                                                       | CUSIP: 64972JCG1<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2508891.25   | 0.07%             | 2053-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp.                                              | Arlington Higher Education Finance Corp., Lifeschool of Dallas, Series 2024                                                                            | CUSIP: 041807LB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $111913.17    | 0.00%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority, Personal Income Tax, Series 2019D                                                                                  | CUSIP: 64990FPM0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2139940.40   | 0.06%             | 2034-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Franklin Township-Marion County Multiple School Building Corp.                        | Franklin Township-Marion County Multiple School Building Corp., Valorem Property Tax First Mortgage, Series 2024                                       | CUSIP: 355137FW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1771816.64   | 0.05%             | 2035-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Plains Energy Project                                                         | Central Plains Energy Project, Gas Project No. 3, Series 2017A                                                                                         | CUSIP: 154871CF2<br>LEI: SVQOT7V5CPLIGNP5BE29 | Long             | DBT              | MUN               | US        |    320000 | PA      | $340441.54    | 0.01%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX                                                                | City of San Antonio                                                                                                                                    | CUSIP: 79623PTX3<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $8396493.00   | 0.24%             | 2035-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Municipal Power Agency                                                        | Indiana Municipal Power Agency, Power Supply System, Series 2025A                                                                                      | CUSIP: 454898YG6<br>LEI: AX0ZCCVOQ71Z4RXBL233 | Long             | DBT              | MUN               | US        |    690000 | PA      | $759763.07    | 0.02%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Texas                                                                        | State of Texas, Series 2025B                                                                                                                           | CUSIP: 8827244U8<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |   2255000 | PA      | $2482438.17   | 0.07%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Unified School District No. 60 Higley                                 | Maricopa County Unified School District No. 60 Higley                                                                                                  | CUSIP: 56756QAZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $214664.64    | 0.01%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                                    | State of Wisconsin, Series 2023B                                                                                                                       | CUSIP: 97705MD93<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |   1280000 | PA      | $1405564.67   | 0.04%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority, Waste Management, Inc., Project, Series 2020                                                                   | CUSIP: 13048RAH0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | STIV             | MUN               | US        |   1000000 | PA      | $1000000.00   | 0.03%             | 2045-10-01      | Variable      | 3.95%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                        | New Jersey Transportation Trust Fund Authority, Transportation Program, Series 2024CC                                                                  | CUSIP: 64613CGJ1<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1080439.00   | 0.03%             | 2050-06-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Missouri Housing Development Commission                                               | Missouri Housing Development Commission, Single Family, First Place Homeownership Loan Program, Series 2024A                                           | CUSIP: 60637B8J2<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |   2770000 | PA      | $3039421.83   | 0.09%             | 2055-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| JEA Electric System Revenue                                                           | JEA Electric System, Series 2024A-3                                                                                                                    | CUSIP: 46613SSF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2705585.25   | 0.08%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                     | State of Illinois, Series 2023B                                                                                                                        | CUSIP: 452153FL8<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    375000 | PA      | $382175.06    | 0.01%             | 2047-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Delaware State Economic Development Authority                                         | Delaware State Economic Development Authority, Acts Retirement-Life Communities, Inc., Obligated Group, Series 2018B                                   | CUSIP: 246371AA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $937844.30    | 0.03%             | 2048-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Albuquerque Municipal School District No. 12                                          | Albuquerque Municipal School District No. 12, Series 2024                                                                                              | CUSIP: 013595ZH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $645876.84    | 0.02%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                                   | City of New York, Fiscal Year 2021, Series 2021A-1                                                                                                     | CUSIP: 64966QMF4<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    185000 | PA      | $203087.10    | 0.01%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority, Celanese Corp., Series 2016C                                                                                                 | CUSIP: 74443QAD4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1851069.67   | 0.05%             | 2030-11-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Peace River Manasota Regional Water Supply Authority                                  | Peace River Manasota Regional Water Supply Authority, Utility System, Series 2025A                                                                     | CUSIP: 704612GN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5055000 | PA      | $5272307.88   | 0.15%             | 2047-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                         | Texas Water Development Board, Series 2023A                                                                                                            | CUSIP: 88285ADK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1845093.81   | 0.05%             | 2037-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp.                            | Tarrant County Cultural Education Facilities Finance Corp., Cook Children's Medical Center                                                             | CUSIP: 87638QTK5<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   2495000 | PA      | $2143390.13   | 0.06%             | 2054-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Port of Greater Cincinnati Development Authority                                      | Port of Greater Cincinnati Development Authority, Duke Energy Convention Center Project, Series 2024B                                                  | CUSIP: 734195DV9<br>LEI: 549300IK2RCZBY62ST97 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1057331.50   | 0.03%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                            | Michigan Finance Authority, Public Lighting Authority Refunding Local Project                                                                          | CUSIP: 59447UAN0<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1114118.60   | 0.03%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                     | State of Illinois, Series 2017D                                                                                                                        | CUSIP: 452152Q46<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2550000 | PA      | $2559648.44   | 0.07%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Columbia County Hospital Authority/GA                                                 | Columbia County Hospital Authority, Wellstart Health System Inc., Project, Series 2023B                                                                | CUSIP: 197479AX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2066396.80   | 0.06%             | 2042-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vinton-Tecumseh School Building Corp.                                                 | Vinton-Tecumseh School Building Corp., Ad Valorem Property Tax                                                                                         | CUSIP: 927557NS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1267789.10   | 0.04%             | 2030-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority, Kahala Nui Project                                                                                                           | CUSIP: 74442PH99<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    240000 | PA      | $260361.48    | 0.01%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp.                                                                    | Utah Housing Corp., Single Family Mortgage, Series 2025A                                                                                               | CUSIP: 917437RU1<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |   4975000 | PA      | $5581828.11   | 0.16%             | 2055-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp.                                             | New York Transportation Development Corp., Delta Air Lines, Inc., LaGuardia Airport Terminals C&D Redevelopment Project, Series 2018                   | CUSIP: 650116CK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1655000 | PA      | $1691886.64   | 0.05%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp.                                              | Arlington Higher Education Finance Corp., Trinity Basin Preparatory, Inc.                                                                              | CUSIP: 041807BM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $152253.93    | 0.00%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Wisconsin Hospitals & Clinics                                           | University of Wisconsin Hospitals and Clinics, Series 2024C                                                                                            | CUSIP: 915260FV0<br>LEI: 549300O76DW14JGO7224 | Long             | STIV             | MUN               | US        |  11500000 | PA      | $11500000.00  | 0.33%             | 2054-04-01      | Variable      | 3.80%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                             | Indiana Finance Authority, CHF- Tippecanoe LLC- Student Housing Project, Series 2023A                                                                  | CUSIP: 45471FAF8<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    790000 | PA      | $732085.34    | 0.02%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                          | Los Angeles Department of Water and Power, Water System, Series 2017A                                                                                  | CUSIP: 544525WL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $872128.60    | 0.02%             | 2047-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles CA                                                                | City of Los Angeles                                                                                                                                    | CUSIP: 544351SF7<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |  13000000 | PA      | $13313176.50  | 0.38%             | 2026-06-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westchester County Local Development Corp.                                            | Westchester County Local Development Corp., Purchase Senior Learning Community, Inc., Project, Series 2021A                                            | CUSIP: 95737TEU6<br>LEI: 549300KOSU8OC75V9238 | Long             | DBT              | MUN               | US        |   9000000 | PA      | $7442462.70   | 0.21%             | 2056-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Michigan State Hospital Finance Authority                                             | Michigan State Hospital Finance Authority, Corewell Health, Series 2025B-2                                                                             | CUSIP: 59465HXF8<br>LEI: 54930011MIBQ2P7ZNM19 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1079524.90   | 0.03%             | 2055-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                         | Commonwealth of Massachusetts, Consolidated Loan of 2024, Series 2024H                                                                                 | CUSIP: 57582TBQ4<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1209498.66   | 0.03%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Rhode Island                                                                 | State of Rhode Island, Series 2025A                                                                                                                    | CUSIP: 762223QY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4035000 | PA      | $4205784.60   | 0.12%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                                | California Statewide Communities Development Authority, Southern California Edison Co., Series 2006C                                                   | CUSIP: 13078HBB7<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   2350000 | PA      | $2412823.26   | 0.07%             | 2033-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Texas Public Finance Authority                                                        | Texas Public Finance Authority, Texas Southern University, Series 2023                                                                                 | CUSIP: 88277PAM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $506611.50    | 0.01%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                                   | City of New York, Fiscal Year 2025, Series 2025G, Subseries G-1                                                                                        | CUSIP: 64966SMF0<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    990000 | PA      | $1014341.33   | 0.03%             | 2053-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                             | Indiana Finance Authority, CHF- Tippecanoe LLC- Student Housing Project, Series 2023A                                                                  | CUSIP: 45471FAE1<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    430000 | PA      | $416784.77    | 0.01%             | 2043-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Higher Education Building Authority                                  | Allegheny County Higher Education Building Authority, Carnegie Mellon University, Series 2008A                                                         | CUSIP: 01728RES4<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   6000000 | PA      | $6000000.00   | 0.17%             | 2037-12-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| County of Dorchester SC Waterworks & Sewer System Revenue                             | County of Dorchester, Waterworks and Sewer System, Series 2023                                                                                         | CUSIP: 258193EN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1788551.40   | 0.05%             | 2048-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                           | Washington State Housing Finance Commission, Bayview Manor II Project, Series 2025A                                                                    | CUSIP: 939783W93<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $963867.40    | 0.03%             | 2060-07-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| North Texas Municipal Water District Water System Revenue                             | North Texas Municipal Water District Water System                                                                                                      | CUSIP: 662903J38<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10878276.00  | 0.31%             | 2038-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Georgetown TX Utility System Revenue                                          | City of Georgetown, Utilities System, Series 2023                                                                                                      | CUSIP: 373064S47<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1454484.76   | 0.04%             | 2038-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Minneapolis MN                                                                | City of Minneapolis, Health Care System, Fairview Health Services, Series 2018A                                                                        | CUSIP: 60374VDY6<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |    180000 | PA      | $185495.99    | 0.01%             | 2033-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern Illinois University                                                          | Southern Illinois University, Housing and Auxiliary Facilities, Series 2022A                                                                           | CUSIP: 8431465Q0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $627551.03    | 0.02%             | 2031-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Higher Education Building Authority                                  | Allegheny County Higher Education Building Authority, University Refunding Duquesne University, Series 2024                                            | CUSIP: 01728RPZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1014875.40   | 0.03%             | 2043-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                                   | Wisconsin Health and Educational Facilities Authority, Forensic science and Protective Medicine Collaboration, Inc. Project, Series 2024               | CUSIP: 97712JHF3<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1015528.50   | 0.03%             | 2027-08-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| County of Lehigh PA                                                                   | County of Lehigh, Lehigh Valley Health Network Hospital, Series 2016A                                                                                  | CUSIP: 52480GCY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $172604.44    | 0.00%             | 2035-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Shelby County Health Educational & Housing Facilities Board                           | Shelby County Health Educational and Housing Facilities Board, The Farms at Bailey Station Project, Series 2019A                                       | CUSIP: 82170KAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $106377.04    | 0.00%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| King and Pierce Counties Valley Regional Fire Authority                               | King and Pierce Counties Valley Regional Fire Authority, Unlimited Tax                                                                                 | CUSIP: 92007ABV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1134387.00   | 0.03%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                        | New Jersey Transportation Trust Fund Authority, Transportation Program, Series 2024CC                                                                  | CUSIP: 64613CGK8<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013831.20   | 0.03%             | 2055-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Mesa AZ Utility System Revenue                                                | City of Mesa Utility System                                                                                                                            | CUSIP: 5905452Z1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1133889.30   | 0.03%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Redevelopment Authority of the City of Philadelphia                                   | Redevelopment Authority of the City of Philadelphia, Service Agreement, Series 2024B                                                                   | CUSIP: 717868JR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $740920.78    | 0.02%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority, White Plains Hospital, Series 2024                                                                                 | CUSIP: 65000B7G7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1076645.10   | 0.03%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority, Rosewell Park Cancer Institute Obligated Group                                                                     | CUSIP: 64985SNE9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1128846.62   | 0.03%             | 2044-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                           | Washington State Housing Finance Commission, Bayview Manor II Project, Series 2025B-2                                                                  | CUSIP: 939783X35<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1130691.56   | 0.03%             | 2029-07-01      | Fixed         | 4.20%                 | Yes           |                  2 | On Loan: No      |
| City of Farmington NM                                                                 | City of Farmington, San Juan Project, Series 2010D                                                                                                     | CUSIP: 311450GC8<br>LEI: 5493000GWMTI2L4AZA61 | Long             | STIV             | MUN               | US        |   1100000 | PA      | $1119408.62   | 0.03%             | 2040-06-01      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                                | Illinois Housing Development Authority, Series 2024A                                                                                                   | CUSIP: 45203MWL1<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |    930000 | PA      | $1010996.21   | 0.03%             | 2054-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| City of South Miami Health Facilities Authority, Inc.                                 | City of South Miami Health Facilities Authority, Inc., Baptist Health South                                                                            | CUSIP: 838810EM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7350000 | PA      | $7932167.04   | 0.23%             | 2065-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Plano Independent School District                                                     | Plano Independent School District, Unlimited Tax                                                                                                       | CUSIP: 727199F97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3006830.78   | 0.09%             | 2044-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Franklin Township-Marion County Multiple School Building Corp.                        | Franklin Township-Marion County Multiple School Building Corp., Valorem Property Tax First Mortgage, Series 2024                                       | CUSIP: 355137FX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1232214.64   | 0.04%             | 2036-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Geneseo Central School District                                                       | Geneseo Central School District                                                                                                                        | CUSIP: 371826FJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3028800.90   | 0.09%             | 2026-06-25      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority, Community Health System, Series 2021A                                                                          | CUSIP: 13048VYY8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    800000 | PA      | $863152.72    | 0.02%             | 2033-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority Sales Tax Revenue                                | Triborough Bridge and Tunnel Authority, MTA Bridges and Tunnels, TBTA Capital Lockbox, Series 2023A                                                    | CUSIP: 896035CD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $879712.20    | 0.03%             | 2058-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency, PRG Medford Properties, Inc. Issue Tufts University Student Housing Program                                  | CUSIP: 57585BMV7<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2125000 | PA      | $2127970.33   | 0.06%             | 2055-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                                | Illinois Housing Development Authority, Series 2025D                                                                                                   | CUSIP: 45203MS36<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |   7750000 | PA      | $8750860.58   | 0.25%             | 2055-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                                  | Triborough Bridge and Tunnel Authority, MTA Bridges and Tunnels                                                                                        | CUSIP: 89602RNU5<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4969289.25   | 0.14%             | 2037-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Dakota Health & Educational Facilities Authority                                | South Dakota Health and Educational Facilities Authority, Sanford                                                                                      | CUSIP: 83755VW34<br>LEI: 549300ZW6LKR8UI2C378 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1077378.80   | 0.03%             | 2037-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                      | Maricopa County Industrial Development Authority, Valley Christian Schools Project, Series 2023A                                                       | CUSIP: 56678RAN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    945000 | PA      | $898652.10    | 0.03%             | 2043-07-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Burbank-Glendale-Pasadena Airport Authority Brick Campaign                            | Burbank-Glendale-Pasadena Airport Authority Brick Campaign, Series 2024B                                                                               | CUSIP: 120827EE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $447122.75    | 0.01%             | 2049-07-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                                  | State of Connecticut, Series 2025B                                                                                                                     | CUSIP: 20772KC31<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1119356.10   | 0.03%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Overtown Park West Community Redevelopment Agency                           | Southeast Overtown Park West Community Redevelopment Agency, Flag Tax Increment                                                                        | CUSIP: 841466AW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1662775.95   | 0.05%             | 2034-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Mankato MN                                                                    | City of Mankato, Series 2022B                                                                                                                          | CUSIP: 563657VN2<br>LEI: 5493003B18DJ507ZEG20 | Long             | DBT              | MUN               | US        |    150000 | PA      | $155295.02    | 0.00%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Rockport IN                                                                   | City of Rockport, Indiana Michigan Power Co. Project, Series 2025A                                                                                     | CUSIP: 773835BY8<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   5000000 | PA      | $5072575.50   | 0.14%             | 2047-06-01      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| City of North Las Vegas NV                                                            | City of North Las Vegas, Water and wastewater Reclamation System Limited Tax, Series 2024B                                                             | CUSIP: 660393Y37<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1870000 | PA      | $2053057.29   | 0.06%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Onondaga Civic Development Corp.                                                      | Onondaga Civic Development Corp., Syracuse University Project                                                                                          | CUSIP: 682832LK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1882790.80   | 0.05%             | 2050-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Orlando Utilities Commission                                                          | Orlando Utilities Commission, Utility System, Series 2025A                                                                                             | CUSIP: 686507MT8<br>LEI: 549300EJR7JVMRXL5D66 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1113505.00   | 0.03%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency, PRG Medford Properties, Inc. Issue Tufts University Student Housing Program                                  | CUSIP: 57585BMQ8<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1505000 | PA      | $1560634.73   | 0.04%             | 2042-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Wyoming Community Development Authority                                               | Wyoming Community Development Authority, Series 2025-3                                                                                                 | CUSIP: 98322QW45<br>LEI: 549300UQ62NB8FGTHW65 | Long             | DBT              | MUN               | US        |   4195000 | PA      | $4706559.69   | 0.13%             | 2055-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Yellowstone and Carbon Counties School District No. 7-70 Laurel                       | Yellowstone and Carbon Counties School District No. 7-70 Laurel, Series 2023                                                                           | CUSIP: 985686CF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1675000 | PA      | $1768990.28   | 0.05%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mobile County Industrial Development Authority                                        | Mobile County Industrial Development Authority, Calvert LLC Project, Series 2024A                                                                      | CUSIP: 60733UAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2172707.04   | 0.06%             | 2054-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                              | Arizona Industrial Development Authority, National Charter School Revolving Loan Fund, Series 2023A                                                    | CUSIP: 04052FEG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1950000 | PA      | $1975252.31   | 0.06%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority                                          | Michigan State Housing Development Authority, Series 2023B                                                                                             | CUSIP: 594654US2<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2154593.80   | 0.06%             | 2054-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                     | City and County of Denver, Airport System, Series 2022A                                                                                                | CUSIP: 249182QH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1096988.00   | 0.03%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                       | California Community Choice Financing Authority, Clean Energy Project, Series 2024E                                                                    | CUSIP: 13013JEP7<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3214848.60   | 0.09%             | 2055-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern Ute Indian Tribe of the Southern Ute Reservation of Colorado                 | Southern Ute Indian Tribe of the Southern Ute Reservation of Colorado, Series 2025A                                                                    | CUSIP: 844090AD2<br>LEI: 549300X0RZRBWLO0J697 | Long             | DBT              | MUN               | US        |   8500000 | PA      | $9023922.15   | 0.26%             | 2035-04-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Michigan Finance Authority                                                            | Michigan Finance Authority, Trinity Health Credit Group, Series 2016 MI                                                                                | CUSIP: 59447TGX5<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5050862.50   | 0.14%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency, PRG Medford Properties, Inc. Issue Tufts University Student Housing Program                                  | CUSIP: 57585BMM7<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1505000 | PA      | $1588295.13   | 0.05%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Glendale AZ Water & Sewer Revenue                                             | City of Glendale Water and Sewer, Senior Lien                                                                                                          | CUSIP: 378352RT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $506936.34    | 0.01%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware State Economic Development Authority                                         | Delaware State Economic Development Authority, Delmarva Power and Light Co. Project, Series 2020A                                                      | CUSIP: 246387SX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4376108.13   | 0.12%             | 2031-01-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                                   | City of New York, Fiscal Year 2025, Series 2025G, Subseries G-1                                                                                        | CUSIP: 64966SLZ7<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5172509.00   | 0.15%             | 2043-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority, Senior Lien                                                                                                                  | CUSIP: 74442PF59<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2745000 | PA      | $2701168.39   | 0.08%             | 2044-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                                 | Louisiana Public Facilities Authority, Ochsner Clinic Foundation Project, Series 2025A                                                                 | CUSIP: 546399UP9<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3613949.15   | 0.10%             | 2055-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Geisinger Authority                                                                   | Geisinger Authority, Health System, Series 2020B                                                                                                       | CUSIP: 368497JX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    455000 | PA      | $464066.69    | 0.01%             | 2043-04-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Midway International Airport                                                  | Chicago Midway International Airport, Senior Lien, Series 2023C                                                                                        | CUSIP: 167562TH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2603017.25   | 0.07%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida State Board of Governors University of North Florida Dormitory Revenue        | Florida State Board of Governors University of North Florida Dormitory, Series 2023A                                                                   | CUSIP: 34157XAT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2675000 | PA      | $2740478.12   | 0.08%             | 2042-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Health and Educational Building Corp.                                    | Rhode Island Health and Educational Building Corp., Lifespan Obligated Group, Series 2024                                                              | CUSIP: 762244MA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1203911.77   | 0.03%             | 2038-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                                    | State of Wisconsin, Series 2016-2                                                                                                                      | CUSIP: 97705MEH4<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50865.62     | 0.00%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                           | Virginia Small Business Financing Authority, Senior Lien, Transform 66 P3 Project                                                                      | CUSIP: 928097AD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5880000 | PA      | $5434496.51   | 0.16%             | 2056-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                              | New Hampshire Business Finance Authority, Tamarron Project, Series 2024                                                                                | CUSIP: 63608TAB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1299390.17   | 0.04%             | 2035-12-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| State of Illinois                                                                     | State of Illinois, Series 2024B                                                                                                                        | CUSIP: 452153JJ9<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1038154.10   | 0.03%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                         | North Texas Tollway Authority, First Tier, Series 2023A                                                                                                | CUSIP: 66285WM60<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |   3740000 | PA      | $3771065.94   | 0.11%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                   | U.S. Treasury Ultra Bond                                                                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -89 | NC      | $41256.58     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Lower Colorado River Authority                                                        | Lower Colorado River Authority, Series 2024                                                                                                            | CUSIP: 54811GN89<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4340913.60   | 0.12%             | 2036-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Austin Community College District                                                     | Austin Community College District, Unlimited Tax                                                                                                       | CUSIP: 052403KP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5502620.00   | 0.16%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Student Loan Liquidity Corp.                                                     | Iowa Student Loan Liquidity Corp., Student Loan, Series 2023B                                                                                          | CUSIP: 462590NS5<br>LEI: 549300FO1LWVSZKGJK70 | Long             | DBT              | MUN               | US        |    900000 | PA      | $933659.19    | 0.03%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Port Authority                                                               | Virginia Port Authority                                                                                                                                | CUSIP: 928077KU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1863042.30   | 0.05%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency                                                      | Minnesota Housing Finance Agency, Series 2023F                                                                                                         | CUSIP: 60416TQ68<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |   2240000 | PA      | $2398888.58   | 0.07%             | 2053-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                     | State of Illinois, Series 2018B                                                                                                                        | CUSIP: 4521523B5<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2133388.20   | 0.06%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Berkley School District                                                               | Berkley School District, Unlimited Tax                                                                                                                 | CUSIP: 084482DV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $235895.81    | 0.01%             | 2034-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lee County School Board (The)                                                         | Lee County School Board (The), Series 2023A                                                                                                            | CUSIP: 523494RK0<br>LEI: 54930014H67DITNA1Q29 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1303214.85   | 0.04%             | 2048-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                         | Commonwealth of Massachusetts, Consolidated Loan of 2023, Series 2023A                                                                                 | CUSIP: 57582R2Z8<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |  13000000 | PA      | $13201645.60  | 0.38%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                                   | Washington Health Care Facilities Authority, Fred Hutchinson Cancer Research Center, Series 2024A                                                      | CUSIP: 97712JLJ0<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1285000 | PA      | $1439310.51   | 0.04%             | 2033-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                                 | California Infrastructure and Economic Development Bank, Segerstrom Center for the Arts, Series 2024                                                   | CUSIP: 13034A5V8<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   1890000 | PA      | $2091954.06   | 0.06%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp.                                                    | Tobacco Settlement Financing Corp., Series B                                                                                                           | CUSIP: 888809BG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4798785.00   | 0.14%             | 2050-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Louisiana                                                                    | State of Louisiana, Series 2016-B                                                                                                                      | CUSIP: 5464152B5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30447.67     | 0.00%             | 2026-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Bucks County Water and Sewer Authority                                                | Bucks County Water and Sewer Authority, Series 2022A                                                                                                   | CUSIP: 118683JS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $413461.39    | 0.01%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                          | New York City Transitional Finance Authority, Future Tax Secured, Fiscal Year 2024, Series 2024C                                                       | CUSIP: 64972JCD8<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2052291.00   | 0.06%             | 2048-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                              | New Hampshire Business Finance Authority, University of Nevada Reno Project, Series 2023A                                                              | CUSIP: 63610FBL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2445492.72   | 0.07%             | 2051-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Long Island Power Authority                                                           | Long Island Power Authority, Electric System, Series 2019A                                                                                             | CUSIP: 542691CK4<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2015087.40   | 0.06%             | 2034-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Katy Independent School District                                                      | Katy Independent School District, Unlimited Tax, Series 2024                                                                                           | CUSIP: 486063W63<br>LEI: 254900H9QSKVP2HWVL72 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1358743.08   | 0.04%             | 2034-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                                 | Louisiana Public Facilities Authority, Ochsner Clinic Foundation Project, Series 2025A                                                                 | CUSIP: 546399UN4<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   5250000 | PA      | $5309290.88   | 0.15%             | 2055-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Baseline Metropolitan District No. 1                                                  | Baseline Metropolitan District No. 1, Series 2024A                                                                                                     | CUSIP: 069826AH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    580000 | PA      | $619707.84    | 0.02%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Borough of Matanuska-Susitna AK                                                       | Borough of Matanuska-Susitna, Goose Creek Correctional Center Project, Series 2025A                                                                    | CUSIP: 576553CK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1875000 | PA      | $2069289.75   | 0.06%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of King WA Sewer Revenue                                                       | County of King Sewer, Series 2016A                                                                                                                     | CUSIP: 4952893K4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4944003.00   | 0.14%             | 2038-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority, Cornell University, Series 2019D                                                                                   | CUSIP: 64990GSH6<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    135000 | PA      | $154817.60    | 0.00%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                           | Virginia Small Business Financing Authority, Senior Lien, Elizabeth River Crossing Opco, LLC Project                                                   | CUSIP: 928104NU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1957755.40   | 0.06%             | 2036-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Napa Valley Unified School District                                                   | Napa Valley Unified School District, Election of 2024, Series A                                                                                        | CUSIP: 630362GX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1416561.60   | 0.04%             | 2055-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority, Kahala Nui Project                                                                                                           | CUSIP: 74442PH81<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    300000 | PA      | $322537.35    | 0.01%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| El Centro Financing Authority                                                         | El Centro Financing Authority, Police Station Project, Series 2023A                                                                                    | CUSIP: 28282RBT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    545000 | PA      | $546149.19    | 0.02%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                                 | City of San Antonio Electric and Gas Systems, Series 2024B                                                                                             | CUSIP: 79625GKF9<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1600867.35   | 0.05%             | 2038-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                               | Los Angeles Department of Water and Power System, Series 2024C                                                                                         | CUSIP: 544532LY8<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   3615000 | PA      | $3685493.22   | 0.11%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Township of Hampton PA                                                                | Township of Hampton                                                                                                                                    | CUSIP: 409468LA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $162937.07    | 0.00%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp. V                                      | Texas Municipal Gas Acquisition and Supply Corp. V, Gas Supply, Series 2024                                                                            | CUSIP: 88256RAK2<br>LEI: 254900XZ4J30QIJO9G03 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8510756.00   | 0.24%             | 2055-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp.                            | Tarrant County Cultural Education Facilities Finance Corp., Christus Health, Series 2024B                                                              | CUSIP: 87638THK2<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   1110000 | PA      | $1130908.07   | 0.03%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                              | Arizona Industrial Development Authority, KIPP Nashville Project, Series 2022A                                                                         | CUSIP: 04052BSN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $246829.64    | 0.01%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Atlanta Rapid Transit Authority                                          | Metropolitan Atlanta Rapid Transit Authority, Sales Tax, Series 2023A                                                                                  | CUSIP: 591746AM4<br>LEI: 5493006NVWO3NVLK0F49 | Long             | DBT              | MUN               | US        |    900000 | PA      | $969302.79    | 0.03%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                       | New York City Municipal Water Finance Authority, Water and Sewer System, Second General Resolution, Fiscal Year 2011, Series DD-1                      | CUSIP: 64972FX27<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | STIV             | MUN               | US        |   2100000 | PA      | $2100000.00   | 0.06%             | 2043-06-15      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| Town of Brookline MA                                                                  | Town of Brookline, Purpose Loan                                                                                                                        | CUSIP: 113746EL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5050000 | PA      | $4638687.10   | 0.13%             | 2045-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp.                                               | City of Phoenix Civic Improvement Corp., Junior Lien, Wastewater System, Series 2023                                                                   | CUSIP: 71883PMM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3600000 | PA      | $3735091.44   | 0.11%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority, Kahala Nui Project                                                                                                           | CUSIP: 74442PJ22<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    440000 | PA      | $479723.64    | 0.01%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Local Government Finance Commission                                           | Florida Local Government Finance Commission, Fleet Landing at Nocatee Project                                                                          | CUSIP: 34077UAG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3041252.40   | 0.09%             | 2045-11-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| City of Los Angeles CA Wastewater System Revenue                                      | City of Los Angeles, Wastewater System, Subordinate, Series 2025A                                                                                      | CUSIP: 53945CMB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1045907.60   | 0.03%             | 2045-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fayette County Development Authority                                                  | Fayette County Development Authority, United States Soccer Federation, Inc. Project                                                                    | CUSIP: 31222PAX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2251523.93   | 0.06%             | 2054-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                      | Maricopa County Industrial Development Authority, Banner Health, Series 2023A-1                                                                        | CUSIP: 56682HDU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1402142.56   | 0.04%             | 2053-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                           | San Diego County Regional Airport Authority, Senior Private Activity                                                                                   | CUSIP: 79739GTB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7731012.75   | 0.22%             | 2044-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Mida Cormont Public Infrastructure District                                           | Mida Cormont Public Infrastructure District, Limited Tax, Series 2025A-1                                                                               | CUSIP: 59561JAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018309.50   | 0.03%             | 2055-06-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp.                                                    | Tobacco Settlement Financing Corp., Series 2018A                                                                                                       | CUSIP: 888808HQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10575000 | PA      | $10186773.77  | 0.29%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Municipal Loan Council                                                        | Florida Municipal Loan Council, Village of Palmetto Bay, Series 2021A                                                                                  | CUSIP: 34282CSM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $78295.34     | 0.00%             | 2028-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Memphis-Shelby County Airport Authority                                               | Memphis-Shelby County Airport Authority, Series 2021A                                                                                                  | CUSIP: 586111PM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $983932.90    | 0.03%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                                   | State of Washington, State and Local Agency Real and Personal Property, Series 2015C                                                                   | CUSIP: 939720SM1<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     55000 | PA      | $55415.07     | 0.00%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp.                                                        | Empire State Development Corp., State Sales Tax, Series 2024A                                                                                          | CUSIP: 64985TFY2<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   2870000 | PA      | $2939013.46   | 0.08%             | 2045-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV Passenger Facility Charge Revenue                                  | County of Clark, Passenger Facility Charge, Las Vegas-McCarran International Airport Passenger Facility, Series 2019E                                  | CUSIP: 181006HS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $164924.68    | 0.00%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp.                                              | Arlington Higher Education Finance Corp., Trinity Basin Preparatory, Inc.                                                                              | CUSIP: 041807BN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $159875.96    | 0.00%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority, CommonSpirit Health, Series 2019A-2                                                                              | CUSIP: 19648FKS2<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2650000 | PA      | $2606938.03   | 0.07%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Capitol Improvement Authority                                                | Oklahoma Capitol Improvement Authority, Oklahoma Department of Transportation Project, Series 2025A                                                    | CUSIP: 678514DX5<br>LEI: 549300LYHYBINTZ5AY71 | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1327913.68   | 0.04%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Spotsylvania VA                                                             | County of Spotsylvania, Public Improvement                                                                                                             | CUSIP: 849254WN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $91051.41     | 0.00%             | 2029-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Local Government Finance Commission                                           | Florida Local Government Finance Commission, Bridgeprep Academy Project, Series 2025A                                                                  | CUSIP: 34077EAD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4987160.00   | 0.14%             | 2055-06-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                                 | North Carolina Housing Finance Agency, Homeownership-1998 Trust, Series 58-A                                                                           | CUSIP: 65820BCH7<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6844641.00   | 0.20%             | 2056-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Vista Joint Powers Financing Authority                                                | Vista Joint Powers Financing Authority, Series 2025A                                                                                                   | CUSIP: 928317FP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1349655.96   | 0.04%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark County Public Utility District No. 1 Electric Revenue                           | Clark County Public Utility District No. 1 Electric, Series 2024                                                                                       | CUSIP: 181108E31<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1165000 | PA      | $1175104.39   | 0.03%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Alabama (The)                                                           | University of Alabama (The), Huntsville General Fee, Series 2018B-2                                                                                    | CUSIP: 914025FU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $100986.82    | 0.00%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp.                            | Tarrant County Cultural Education Facilities Finance Corp., Christus Health, Series 2024B                                                              | CUSIP: 87638THM8<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3181741.50   | 0.09%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                       | Indianapolis Local Public Improvement Bond Bank, Series 2021A                                                                                          | CUSIP: 45528UT35<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4992138.00   | 0.14%             | 2037-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                                   | City of New York, Fiscal Year 2023, Series 2023E, Subseries E-1                                                                                        | CUSIP: 64966QZ86<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1290000 | PA      | $1109632.97   | 0.03%             | 2050-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                                   | City of New York, Fiscal Year 2018, Series 2018E                                                                                                       | CUSIP: 64966QAA8<br>LEI: 549300ABYZD2SFD5JB29 | Long             | STIV             | MUN               | US        |   4400000 | PA      | $4400000.00   | 0.13%             | 2048-03-01      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority, CommonSpirit Health, Series 2024A                                                                                | CUSIP: 19648FXR0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   7630000 | PA      | $8266863.89   | 0.24%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tampa-Hillsborough County Expressway Authority                                        | Tampa-Hillsborough County Expressway Authority, Series 2017B                                                                                           | CUSIP: 875301GD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $42558.48     | 0.00%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                                   | State of Washington Motor Vehicle Fuel Tax, Series R2025C                                                                                              | CUSIP: 93974E5Y8<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4534105.60   | 0.13%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                     | Southeast Energy Authority A Cooperative District Project No.06, Series 2023B                                                                          | CUSIP: 84136GAK1<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   5870000 | PA      | $6213149.63   | 0.18%             | 2054-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Wyoming Community Development Authority                                               | Wyoming Community Development Authority, Series 2024-1                                                                                                 | CUSIP: 98322QM46<br>LEI: 549300UQ62NB8FGTHW65 | Long             | DBT              | MUN               | US        |   2450000 | PA      | $2677210.31   | 0.08%             | 2054-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New York City Health and Hospitals Corp.                                              | New York City Health and Hospitals Corp., Health System                                                                                                | CUSIP: 649674LR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2967364.95   | 0.08%             | 2038-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas A&M University                                                                  | Texas A&M University, Financing System, Series 2017E                                                                                                   | CUSIP: 88213AKZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $160658.45    | 0.00%             | 2030-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern Illinois University                                                          | Southern Illinois University, Housing and Auxiliary Facilities, Series 2022A                                                                           | CUSIP: 8431465R8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    510000 | PA      | $559085.92    | 0.02%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jacksonville Housing Finance Authority                                                | Jacksonville Housing Finance Authority, Multi- Family Egret Landing                                                                                    | CUSIP: 46940YBU4<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   3250000 | PA      | $3268485.68   | 0.09%             | 2058-07-01      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| Tracy Public Financing Authority                                                      | Tracy Public Financing Authority, Legacy Fields, Series 2022A                                                                                          | CUSIP: 89239PAQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1035000 | PA      | $1137786.57   | 0.03%             | 2036-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                        | New Jersey Transportation Trust Fund Authority, Transportation Program, Series 2024CC                                                                  | CUSIP: 64613CFV5<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1117199.00   | 0.03%             | 2034-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Private Activity Bond Surface Transportation Corp.                              | Texas Private Activity Bond Surface Transportation Corp., NTE Mobility Partners Segments 3 LLC Project                                                 | CUSIP: 882667AN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1860114.40   | 0.05%             | 2058-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Plains Energy Project                                                         | Central Plains Energy Project, Gas Project No. 5, Series 2022-1                                                                                        | CUSIP: 154871CU9<br>LEI: SVQOT7V5CPLIGNP5BE29 | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1421130.15   | 0.04%             | 2053-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Water & Sewer Authority                                          | District of Columbia Water and Sewer Authority, Subordinate Lien, Series 2025B                                                                         | CUSIP: 254845VT4<br>LEI: 549300OT2FIJQJ5PSH71 | Long             | DBT              | MUN               | US        |   5250000 | PA      | $5442367.88   | 0.16%             | 2050-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Mansfield Independent School District                                                 | Mansfield Independent School District, Unlimited Tax, Series 2024                                                                                      | CUSIP: 564386UE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4850000 | PA      | $4017366.07   | 0.11%             | 2054-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Albuquerque Municipal School District No. 12                                          | Albuquerque Municipal School District No. 12, Series 2024                                                                                              | CUSIP: 013595ZJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1067203.80   | 0.03%             | 2037-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Yonkers Industrial Development Agency                                                 | Yonkers Industrial Development Agency, New Community School Project                                                                                    | CUSIP: 986094BJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1445000 | PA      | $1491185.38   | 0.04%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                                        | State of Maryland, Department of Transportation                                                                                                        | CUSIP: 574204H55<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $77000.29     | 0.00%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Smithtown Central School District                                                     | Smithtown Central School District                                                                                                                      | CUSIP: 832492ZB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2465000 | PA      | $2551434.73   | 0.07%             | 2035-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                                       | California County Tobacco Securitization Agency, Golden Gate Tobacco Funding Corp., Series A                                                           | CUSIP: 13016NDF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2186493.75   | 0.06%             | 2047-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Seminole County Industrial Development Authority                                      | Seminole County Industrial Development Authority, Legacy Pointe at UCF Project, Series 2019A                                                           | CUSIP: 81669TAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3225000 | PA      | $2809208.49   | 0.08%             | 2049-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority, University of Chicago, Series 2015A                                                                                        | CUSIP: 45204FHD0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3256534.45   | 0.09%             | 2046-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                     | State of Illinois, Series 2020B                                                                                                                        | CUSIP: 4521526X4<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2424331.20   | 0.07%             | 2033-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                        | Lower Colorado River Authority, LCRA Transmission Services Corp., Project                                                                              | CUSIP: 54811BRV5<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |    155000 | PA      | $160146.48    | 0.00%             | 2035-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware Valley Regional Finance Authority                                            | Delaware Valley Regional Finance Authority, Local Government, Series 2022D                                                                             | CUSIP: 246579LR5<br>LEI: 549300HGYP3NW885TT18 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1046151.40   | 0.03%             | 2029-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Charleston County Airport District                                                    | Charleston County Airport District                                                                                                                     | CUSIP: 160070DX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $262891.50    | 0.01%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Davidson NC                                                                 | County of Davidson                                                                                                                                     | CUSIP: 238595MR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $36640.62     | 0.00%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                                | North Carolina Medical Care Commission, Twin Lakes Community, Series 2025A                                                                             | CUSIP: 65820YTT3<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1184089.38   | 0.03%             | 2055-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                       | Indianapolis Local Public Improvement Bond Bank, Series 2024E                                                                                          | CUSIP: 45528VDY2<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |    250000 | PA      | $252510.38    | 0.01%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Kansas Department of Transportation                                          | State of Kansas Department of Transportation, Series 2024A                                                                                             | CUSIP: 485424TB1<br>LEI: 5493001635XK841MIO47 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1124984.90   | 0.03%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Lee FL Airport Revenue                                                      | County of Lee, Airport, Series 2021B                                                                                                                   | CUSIP: 523470GW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1840000 | PA      | $2003256.94   | 0.06%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Higher Education Building Authority                                  | Allegheny County Higher Education Building Authority, University Refunding Duquesne University                                                         | CUSIP: 01728RPY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2550000 | PA      | $2614208.24   | 0.07%             | 2042-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                                  | Triborough Bridge and Tunnel Authority, Payroll Mobility Tax, Series 2022D-1A                                                                          | CUSIP: 89602HEF0<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1070436.00   | 0.03%             | 2037-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of West Virginia                                                                | State of West Virginia, Series 2019A                                                                                                                   | CUSIP: 956553G88<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1005000 | PA      | $1064235.10   | 0.03%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Waterworks Revenue                                                 | City of Chicago, Waterworks, Second Lien, Series 2023A                                                                                                 | CUSIP: 167736U96<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    365000 | PA      | $368550.39    | 0.01%             | 2053-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Desert Sands Unified School District                                                  | Desert Sands Unified School District, Election of 2024                                                                                                 | CUSIP: 250433WR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2179565.25   | 0.06%             | 2050-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| University of Illinois                                                                | University of Illinois, Auxiliary Facilities System, Series 2021A                                                                                      | CUSIP: 9143535P8<br>LEI: 549300VD8PPC4Q5HK850 | Long             | DBT              | MUN               | US        |    450000 | PA      | $487639.58    | 0.01%             | 2029-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Jacksonville FL                                                               | City of Jacksonville, Series 2024                                                                                                                      | CUSIP: 469487VM1<br>LEI: 549300XQE0JVN9WV0J40 | Long             | DBT              | MUN               | US        |   1305000 | PA      | $1436788.95   | 0.04%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                           | Washington Health Care Facilities Authority, Fred Hutchinson Cancer Research Center, Series 2025A                                                      | CUSIP: 93978HZB4<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1037041.90   | 0.03%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Buckeye AZ                                                                    | City of Buckeye                                                                                                                                        | CUSIP: 118084CR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1080000 | PA      | $1131824.02   | 0.03%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                          | New York City Transitional Finance Authority, Future Tax Secured, Subordinate, Fiscal Year 2025, Series 2025-J, Subseries J-1                          | CUSIP: 64972JTS7<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5169629.00   | 0.15%             | 2048-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue                               | Puerto Rico Sales Tax Financing Corp. Sales Tax, Series A-1                                                                                            | CUSIP: 74529JQH1<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   4770000 | PA      | $1105036.80   | 0.03%             | 2051-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp.                                             | New York Transportation Development Corp., Delta Air Lines, Inc., LaGuardia Airport Terminals C&D Redevelopment Project, Series 2023                   | CUSIP: 650116GP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3090384.90   | 0.09%             | 2040-04-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| State of Florida Lottery Revenue                                                      | State of Florida, State Board of Education, Lottery, Series 2016A                                                                                      | CUSIP: 341507P62<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $76693.06     | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                                   | Idaho Housing and Finance Association, Transporation Expansion and Congestion, Sales Tax, Series 2025A                                                 | CUSIP: 45130ADQ5<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2143073.25   | 0.06%             | 2050-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of New Haven CT                                                                  | City of New Haven                                                                                                                                      | CUSIP: 645021DR4<br>LEI: 549300U4OHEAZ124LQ06 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3363902.40   | 0.10%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Georgetown TX                                                                 | City of Georgetown, Series 2022                                                                                                                        | CUSIP: 373029SH1<br>LEI: 549300BSO7ULYERIVM97 | Long             | DBT              | MUN               | US        |   2410000 | PA      | $2205159.64   | 0.06%             | 2041-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority Home Ownership Revenue             | Wisconsin Housing and Economic Development Authority, Home Ownership, Series 2024A                                                                     | CUSIP: 97689QTU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3775000 | PA      | $4087349.54   | 0.12%             | 2054-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority, Lake Forest College, Series 2022A                                                                                          | CUSIP: 45204FQX6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    205000 | PA      | $217205.80    | 0.01%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                               | Michigan Strategic Fund, Graphic Packaging International, LLC Coated Recycled Board Machine Project                                                    | CUSIP: 594698SR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2430000 | PA      | $2416892.09   | 0.07%             | 2026-10-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                                   | California Public Finance Authority, Senior Living The James, Series 2024A                                                                             | CUSIP: 13057GAP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3030000 | PA      | $2786512.53   | 0.08%             | 2054-06-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                                        | Buckeye Tobacco Settlement Financing Authority, Series 2020B-2, Class 2                                                                                | CUSIP: 118217CZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  22930000 | PA      | $18521232.85  | 0.53%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Prince George's MD                                                          | County of Prince George's, Consolidated Public Improvement, Series 2025A                                                                               | CUSIP: 741702DR2<br>LEI: 549300NSQ1W50I0VU811 | Long             | DBT              | MUN               | US        |   4355000 | PA      | $4562611.56   | 0.13%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority, University of Chicago Medical Center (The), Series 2025A-2                                                                 | CUSIP: 45204FQ65<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4299043.20   | 0.12%             | 2059-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                      | California Health Facilities Financing Authority, Series 2025A                                                                                         | CUSIP: 13032U2Y3<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1028594.90   | 0.03%             | 2044-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                                  | District of Columbia, Kipp DC Project                                                                                                                  | CUSIP: 25483VWB6<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    100000 | PA      | $90919.36     | 0.00%             | 2039-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Collier County Educational Facilities Authority                                       | Cobb County Kennestone Hospital Authority, Ave Maria University, Inc. Project, Series 2023                                                             | CUSIP: 19463TBG0<br>LEI: 5493003XVBWC2SNPMX57 | Long             | DBT              | MUN               | US        |   1930000 | PA      | $1965254.73   | 0.06%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Garland TX Electric Utility System Revenue                                    | City of Garland Electric Utility System                                                                                                                | CUSIP: 366133TR7<br>LEI: 549300O5KXJ5HAWVEN53 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1110366.20   | 0.03%             | 2031-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority                                         | Palm Beach County Health Facilities Authority, Acts Retirement Life Communities, Inc., Obligated Group                                                 | CUSIP: 69650MAV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $242809.13    | 0.01%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Ann Arbor MI Water Supply System Revenue                                      | City of Ann Arbor                                                                                                                                      | CUSIP: 035573YK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1705000 | PA      | $1528606.50   | 0.04%             | 2045-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp.                                                     | Florida Development Finance Corp., Brightline Florida Passenger Rail Project, Series 2024                                                              | CUSIP: 340618DT1<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2267872.20   | 0.06%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                       | California Community Choice Financing Authority, Clean Energy Project, Series 2024A                                                                    | CUSIP: 13013JDR4<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5339948.00   | 0.15%             | 2054-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Transit Authority                                                                | Utah Transit Authority, Sales Tax, Series 2023                                                                                                         | CUSIP: 917567HB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1235000 | PA      | $1303975.74   | 0.04%             | 2041-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp.                                              | Arlington Higher Education Finance Corp., Lifeschool of Dallas, Series 2024                                                                            | CUSIP: 041807LJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $264534.48    | 0.01%             | 2035-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                            | Michigan Finance Authority, Trinity Health Credit Group, Series 2013MI-5                                                                               | CUSIP: 59447TW58<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1295000 | PA      | $1213098.37   | 0.03%             | 2040-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                       | California Community Choice Financing Authority, Clean Energy Project, Series 2023G-1                                                                  | CUSIP: 13013JDG8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   3910000 | PA      | $4185651.87   | 0.12%             | 2054-11-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                           | Metropolitan Washington Airports Authority Aviation, Series 2021A                                                                                      | CUSIP: 592647KA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1360000 | PA      | $1490062.92   | 0.04%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Casino Reinvestment Development Authority, Inc.                                       | Casino Reinvestment Development Authority, Inc., Luxury Tax, Series 2024B                                                                              | CUSIP: 14760RBU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1026430.00   | 0.03%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                              | Arizona Industrial Development Authority, Macombs Facility Project, Series 2021A                                                                       | CUSIP: 04052BQF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $877578.10    | 0.03%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                              | Arizona Industrial Development Authority, National Charter School Revolving Loan Fund, Series 2023A                                                    | CUSIP: 04052FDU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2825000 | PA      | $2974564.54   | 0.08%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Coffee TN                                                                   | County of Coffee, Rural High School, Series 2021A                                                                                                      | CUSIP: 192162XW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $133771.28    | 0.00%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government of Nashville & Davidson County TN                             | Metropolitan Government of Nashville and Davidson County                                                                                               | CUSIP: 592112TH9<br>LEI: 549300GW8FVQJ3DU6O10 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2118357.80   | 0.06%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                                      | California Pollution Control Financing Authority, Solid Waste Disposal, Republic Services, Inc., Project, Series 2017A-2                               | CUSIP: 130536RL1<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   2000000 | PA      | $2000137.60   | 0.06%             | 2042-11-01      | Variable      | 3.85%                 | Yes           |                  2 | On Loan: No      |
| City of Houston TX Combined Utility System Revenue                                    | City of Houston, Combined Utility System, First Lien, Series 2018D                                                                                     | CUSIP: 44244CSQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $48003.27     | 0.00%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                               | Port Authority of New York and New Jersey, Consolidated, Series 248                                                                                    | CUSIP: 73358XPT3<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2117232.20   | 0.06%             | 2041-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Transit Authority                                                                | Utah Transit Authority, Sales Tax                                                                                                                      | CUSIP: 917567HP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1580000 | PA      | $1689907.17   | 0.05%             | 2040-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| George L Smith II Congress Center Authority                                           | George L Smith II Congress Center Authority, Convention Center Hotel First, Series 2021A                                                               | CUSIP: 37255MAC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2050000 | PA      | $1640323.70   | 0.05%             | 2054-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp.                                                              | Build NYC Resource Corp., Kipp NYC Public School Facilities - Canal West Project                                                                       | CUSIP: 12008ETR7<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    585000 | PA      | $623755.02    | 0.02%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Charlotte NC                                                                  | City of Charlotte, North Carolina Government Facilities, Series 2023B                                                                                  | CUSIP: 1610374S2<br>LEI: 5493001QNY6JJFWHQ568 | Long             | DBT              | MUN               | US        |    460000 | PA      | $480916.25    | 0.01%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Greater Cincinnati Development Authority                                      | Port of Greater Cincinnati Development Authority, Duke Energy Convention Center Project, Series 2024B                                                  | CUSIP: 734195EF3<br>LEI: 549300IK2RCZBY62ST97 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3802441.20   | 0.11%             | 2063-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Glendale AZ Water & Sewer Revenue                                             | City of Glendale Water and Sewer, Senior Lien                                                                                                          | CUSIP: 378352SN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $299006.57    | 0.01%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                                   | Washington Health Care Facilities Authority, Fred Hutchinson Cancer Research Center, Series 2024A                                                      | CUSIP: 97712JLF8<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   3365000 | PA      | $3702501.76   | 0.11%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp.                                             | New York Transportation Development Corp., John F. Kennedy International Airport New Terminal One Project                                              | CUSIP: 650116EZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3070000 | PA      | $2835362.66   | 0.08%             | 2031-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp.                                             | New York Transportation Development Corp., JFK International Airport New Terminal One Project                                                          | CUSIP: 650116HT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4926426.50   | 0.14%             | 2054-12-31      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Arizona Board of Regents                                                              | Arizona Board of Regents, State University, Series 2020A                                                                                               | CUSIP: 040664AE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $116457.58    | 0.00%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority, Series 2021A                                                                                                   | CUSIP: 13048RAJ6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | STIV             | MUN               | US        |   6375000 | PA      | $6374606.66   | 0.18%             | 2041-07-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                      | Maricopa County Industrial Development Authority, Honorhealth, Series 2024D                                                                            | CUSIP: 56678PCJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2850000 | PA      | $2881509.03   | 0.08%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                      | Pennsylvania Turnpike Commission, Series 2022B                                                                                                         | CUSIP: 709225GF7<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1061611.10   | 0.03%             | 2041-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Indio Finance Authority                                                               | Indio Finance Authority, City of Indio, Series 2022A                                                                                                   | CUSIP: 45571LDK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $224206.38    | 0.01%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                              | State of Connecticut Special Tax, Series 2023A                                                                                                         | CUSIP: 207758P98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1083771.10   | 0.03%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Energy Research & Development Authority                                | New York State Energy Research and Development Authority, Rochester Gas and Electric Corp., Project, Series 1997C                                      | CUSIP: 649845JC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5125000 | PA      | $5216615.01   | 0.15%             | 2032-08-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Cedar Hill Independent School District                                                | Cedar Hill Independent School District, Unlimited Tax, Series 2024                                                                                     | CUSIP: 1504294C9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3456935.60   | 0.10%             | 2050-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                                 | North Carolina Housing Finance Agency, Homeownership-1998 Trust, Series 52-C                                                                           | CUSIP: 6582074F9<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | STIV             | MUN               | US        |   3400000 | PA      | $3400000.00   | 0.10%             | 2049-07-01      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| Solano Irrigation District                                                            | Solano Irrigation District, Water                                                                                                                      | CUSIP: 834130AK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $298239.16    | 0.01%             | 2031-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Irving Independent School District                                                    | Irving Independent School District                                                                                                                     | CUSIP: 463813N50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5485000 | PA      | $6009768.60   | 0.17%             | 2037-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp.                                               | City of Phoenix Civic Improvement Corp., Subordinate Excise Tax                                                                                        | CUSIP: 71884AV71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6750000 | PA      | $7496939.48   | 0.21%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Bay Transportation Authority Sales Tax Revenue                          | Massachusetts Bay Transportation Authority, Sales Tax, Series 2020B-1                                                                                  | CUSIP: 575579J57<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3974954.80   | 0.11%             | 2050-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Building Aid Revenue                     | New York City Transitional Finance Authority Building Aid, Subordinate, Fiscal Year 2020, Series 2020S1, Subseries S-1B                                | CUSIP: 64972H3K6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1371830.85   | 0.04%             | 2042-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp.                                                              | Build NYC Resource Corp., Urban Resource Institute Project                                                                                             | CUSIP: 12008EWN2<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1035503.20   | 0.03%             | 2046-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| University of Colorado                                                                | University of Colorado, Enterprise System, Series 2017A-2                                                                                              | CUSIP: 91417NHZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5095.66      | 0.00%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority, Series 2024A                                                                                                       | CUSIP: 65000BW53<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   3225000 | PA      | $3317144.70   | 0.09%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bergen County Improvement Authority (The)                                             | Bergen County Improvement Authority (The), Guaranteed Government Pooled Project, Series 2025A                                                          | CUSIP: 083773EC1<br>LEI: 549300GA3U8F8Z1HOS09 | Long             | DBT              | MUN               | US        |  17000000 | PA      | $17168556.70  | 0.49%             | 2026-05-21      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority, Kahala Nui Project                                                                                                           | CUSIP: 74442PH65<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    290000 | PA      | $302099.70    | 0.01%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Plano Independent School District                                                     | Plano Independent School District, Unlimited Tax                                                                                                       | CUSIP: 727199E23<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2434486.50   | 0.07%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Oshkosh WI Water Revenue                                                      | City of Oshkosh, Water, Series 2022D                                                                                                                   | CUSIP: 688259QU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $190152.11    | 0.01%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Norwalk CT                                                                    | City of Norwalk, Series 2023                                                                                                                           | CUSIP: 668844XN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $367656.88    | 0.01%             | 2042-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                            | Michigan Finance Authority, Public Lighting Authority Refunding Local Project                                                                          | CUSIP: 59447UAW0<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1539201.15   | 0.04%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                           | Metropolitan Washington Airports Authority Aviation, Series 2024A                                                                                      | CUSIP: 592647MJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1299302.08   | 0.04%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Melissa Independent School District                                                   | Melissa Independent School District, Unlimited Tax, Series 2024                                                                                        | CUSIP: 585488YX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $270128.83    | 0.01%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp.                                             | New York Transportation Development Corp., John F. Kennedy International Airport New Terminal One Project                                              | CUSIP: 650116HM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3800000 | PA      | $3682562.90   | 0.11%             | 2054-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                       | California Community Choice Financing Authority, Clean Energy Project, Series 2021B-1                                                                  | CUSIP: 13013JAP1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   6750000 | PA      | $6778853.55   | 0.19%             | 2031-08-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                              | Arizona Industrial Development Authority, National Charter School Revolving Loan Fund, Series 2023A                                                    | CUSIP: 04052FEE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1024499.90   | 0.03%             | 2038-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles County Development Authority                                              | Los Angeles County Development Authority, West LA Building 156 and 157 Apartments, Series 2023C                                                        | CUSIP: 54467WAH5<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   3000000 | PA      | $3008245.20   | 0.09%             | 2046-12-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Orlando Utilities Commission                                                          | Orlando Utilities Commission, Utility System, Series 2025A                                                                                             | CUSIP: 686507MS0<br>LEI: 549300EJR7JVMRXL5D66 | Long             | DBT              | MUN               | US        |   1660000 | PA      | $1869148.38   | 0.05%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Selma Industrial Development Board                                                    | Selma Industrial Development Board, International Paper Co., Series 2020A                                                                              | CUSIP: 81647PAH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5040823.00   | 0.14%             | 2034-05-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                         | North Texas Tollway Authority, First Tier                                                                                                              | CUSIP: 66285WWC6<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |   1645000 | PA      | $1488579.58   | 0.04%             | 2043-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp.                            | Tarrant County Cultural Education Facilities Finance Corp., Health Resources System                                                                    | CUSIP: 87638TJU8<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |  13275000 | PA      | $14639476.19  | 0.42%             | 2064-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp.                                              | Arlington Higher Education Finance Corp., Trinity Basin Preparatory, Inc.                                                                              | CUSIP: 041807BP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $140997.64    | 0.00%             | 2029-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bell County Water Control & Improvement District No. 1                                | Bell County Water Control and Improvement District No. 1, Series 2024                                                                                  | CUSIP: 078043QP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1045785.20   | 0.03%             | 2039-07-10      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                              | Arizona Industrial Development Authority, KIPP Nashville Project, Series 2022A                                                                         | CUSIP: 04052BSM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $234034.83    | 0.01%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Baseline Metropolitan District No. 1                                                  | Baseline Metropolitan District No. 1, Series 2024A                                                                                                     | CUSIP: 069826AE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $301488.18    | 0.01%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mobile County Industrial Development Authority                                        | Mobile County Industrial Development Authority, Calvert LLC Project, Series 2024B                                                                      | CUSIP: 60733UAB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $5645051.10   | 0.16%             | 2054-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| City of Scottsdale AZ                                                                 | City of Scottsdale, Project of 2019                                                                                                                    | CUSIP: 810454FT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1095000 | PA      | $1075597.37   | 0.03%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority, AFCO Airport Real Estate Group, Series 2023                                                                                  | CUSIP: 74442PYV1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    450000 | PA      | $455495.27    | 0.01%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Building Aid Revenue                     | New York City Transitional Finance Authority Building Aid, Series 2026, S-1                                                                            | CUSIP: 64972LAR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10553616.00  | 0.30%             | 2041-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority, Kahala Nui Project                                                                                                           | CUSIP: 74442PH57<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    275000 | PA      | $281104.20    | 0.01%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Crowley Independent School District                                                   | Crandall Independent School District, Unlimited Tax, Series 2023                                                                                       | CUSIP: 228130KB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2973958.68   | 0.08%             | 2039-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                                  | Pennsylvania Higher Educational Facilities Authority, Thomas Jefferson University, Series 2024B-1                                                      | CUSIP: 70917TRS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1310000 | PA      | $1349226.12   | 0.04%             | 2043-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Missouri Joint Municipal Electric Utility Commission                                  | Missouri Joint Municipal Electric Utility Commission, Plum Point Project, Series 2024                                                                  | CUSIP: 606092PR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1450052.69   | 0.04%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp.                                              | Arlington Higher Education Finance Corp., Lifeschool of Dallas, Series 2024                                                                            | CUSIP: 041807LG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $325467.00    | 0.01%             | 2033-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Intermountain Power Agency                                                            | Intermountain Power Agency, Utah Power Supply, Series 2024A                                                                                            | CUSIP: 45884AK51<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2762464.90   | 0.08%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Nashville Airport Authority (The)                                        | Metropolitan Nashville Airport Authority (The), Series 2022B                                                                                           | CUSIP: 592190QY1<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |    630000 | PA      | $635060.22    | 0.02%             | 2047-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                              | County of Miami-Dade, Aviation System, Series 2024A                                                                                                    | CUSIP: 59333P7M4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4805000 | PA      | $5154306.68   | 0.15%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Telecommunication Open Infrastructure Agency                                     | Utah Telecommunication Open Infrastructure Agency, Sales Tax and Telecommunications                                                                    | CUSIP: 91756SAM5<br>LEI: 549300LCGT5UXUJ1LP77 | Long             | DBT              | MUN               | US        |    325000 | PA      | $361967.81    | 0.01%             | 2034-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Omaha Public Power District                                                           | Omaha Public Power District, Electric System, Series 2024D                                                                                             | CUSIP: 682001NP3<br>LEI: 54930000VJEJ9CGIYG32 | Long             | DBT              | MUN               | US        |   2700000 | PA      | $2810465.37   | 0.08%             | 2043-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                          | Los Angeles Department of Water and Power Water System, Series 2020C                                                                                   | CUSIP: 544525ZS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1085008.50   | 0.03%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                                    | City of Chicago, Series 2025B                                                                                                                          | CUSIP: 167486V71<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4088604.40   | 0.12%             | 2041-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Will County School District No. 86 Joliet                                             | Will County School District No. 86 Joliet, Series 2024                                                                                                 | CUSIP: 968767PH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009307.00   | 0.03%             | 2043-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority Water Pollution Control Loan Fund                    | Ohio Water Development Authority, Water Pollution Control Loan Fund, Series 2020A                                                                      | CUSIP: 67766WZD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005712.90   | 0.03%             | 2050-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                     | City and County of Denver, Airport System, Series 2018A                                                                                                | CUSIP: 249182LB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2845000 | PA      | $3037290.14   | 0.09%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                              | New Hampshire Business Finance Authority, University of Nevada Reno Project, Series 2023A                                                              | CUSIP: 63610FBF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    790000 | PA      | $838782.58    | 0.02%             | 2039-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Shelby County Health Educational & Housing Facilities Board                           | Shelby County Health Educational and Housing Facilities Board, Baptism Memorial Health Obligated Group                                                 | CUSIP: 821691AD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1131953.97   | 0.03%             | 2044-09-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp.                                                | Clifton Higher Education Finance Corp., Yes Prep Public School, Inc., Series 2023                                                                      | CUSIP: 187145RJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $253431.28    | 0.01%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Municipal Water District Water System Revenue                             | North Texas Municipal Water District Water System                                                                                                      | CUSIP: 662903H71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4555000 | PA      | $5185575.07   | 0.15%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Health and Educational Building Corp.                                    | Rhode Island Health and Educational Building Corp., Lifespan Obligated Group, Series 2024                                                              | CUSIP: 762244LY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    960000 | PA      | $1024851.07   | 0.03%             | 2036-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                                       | California County Tobacco Securitization Agency, Los Angeles County Securitization Corp., Series 2020B-2                                               | CUSIP: 13016NFC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15260000 | PA      | $2675085.63   | 0.08%             | 2055-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp. IV                                     | Texas Municipal Gas Acquisition and Supply Corp. IV, Gas Supply, Series 2023B                                                                          | CUSIP: 88256PAT7<br>LEI: 549300PTUE847QDBBW22 | Long             | DBT              | MUN               | US        |   6690000 | PA      | $7316471.67   | 0.21%             | 2054-01-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                                  | Triborough Bridge and Tunnel Authority, MTA Bridges and Tunnels, TBTA Capital Lockbox, Series 2025A                                                    | CUSIP: 896032BB4<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1532770.50   | 0.04%             | 2054-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| University of Wisconsin Hospitals & Clinics                                           | University of Wisconsin Hospitals and Clinics, Series 2024B                                                                                            | CUSIP: 915260FU2<br>LEI: 549300O76DW14JGO7224 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2204021.00   | 0.06%             | 2031-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Augusta Development Authority                                                         | Augusta Development Authority, AU Health System, Inc. Project, Series 2018                                                                             | CUSIP: 05115CAR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3995000 | PA      | $3810147.75   | 0.11%             | 2038-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Township of Hampton PA                                                                | Township of Hampton                                                                                                                                    | CUSIP: 409468LD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    970000 | PA      | $896726.49    | 0.03%             | 2042-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maine Turnpike Authority                                                              | Maine Turnpike Authority                                                                                                                               | CUSIP: 560551SF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1520000 | PA      | $1727570.90   | 0.05%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority, Northwell Health Obligated Group, Series 2019A                                                                     | CUSIP: 64990GSW3<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     70000 | PA      | $75671.95     | 0.00%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kansas City Industrial Development Authority                                          | Kansas City Industrial Development Authority, Historic Northeast Redevelopment Plan, Series 2024A-1                                                    | CUSIP: 48502MAA1<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $919100.10    | 0.03%             | 2046-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                           | Metropolitan Washington Airports Authority Aviation, Series 2023A                                                                                      | CUSIP: 592647LH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $876542.80    | 0.03%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hillsborough County Housing Finance Authority                                         | Hillsborough County Housing Finance Authority, Multi- Family Tampa 47th Street Apartments, Series 2025A                                                | CUSIP: 43232EDE6<br>LEI: 5493003JJ1KK4FWWU787 | Long             | DBT              | MUN               | US        |   2260000 | PA      | $2261042.76   | 0.06%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp.                                                                    | Utah Housing Corp., Single Family Mortgage                                                                                                             | CUSIP: 917434DL3<br>LEI: 549300YXWQEI0S47WI02 | Long             | STIV             | MUN               | US        |   2400000 | PA      | $2400012.96   | 0.07%             | 2045-09-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Wayne County Airport Authority                                                        | Wayne County Airport Authority, Detroit Metropolitan Wayne, Series 2025B                                                                               | CUSIP: 944514U89<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1579013.70   | 0.05%             | 2050-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Energy Authority                                                      | Kentucky Public Energy Authority, Gas Supply, Series 2023A-1                                                                                           | CUSIP: 74440DEC4<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   3330000 | PA      | $3586365.71   | 0.10%             | 2054-04-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Melissa Independent School District                                                   | Melissa Independent School District, Unlimited Tax, Series 2024                                                                                        | CUSIP: 585488YV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $103408.93    | 0.00%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Housing and Finance Authority                                                | Colorado Housing and Finance Authority, Multi-Family Mortgage                                                                                          | CUSIP: 19647PDX8<br>LEI: 5493005GIROYQAWBMC18 | Long             | STIV             | MUN               | US        |   5000000 | PA      | $5060340.50   | 0.14%             | 2044-07-01      | Variable      | 3.38%                 | No            |                  2 | On Loan: No      |
| Melissa Independent School District                                                   | Melissa Independent School District, Unlimited Tax, Series 2024                                                                                        | CUSIP: 585488YY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $240985.38    | 0.01%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                                        | State of Maryland Department of Transportation, Series 2025A                                                                                           | CUSIP: 574204W66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4821646.50   | 0.14%             | 2040-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp.                                               | New York City Housing Development Corp., Series 2025A                                                                                                  | CUSIP: 64966WKK2<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |  12430000 | PA      | $12558452.86  | 0.36%             | 2055-02-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp.                                                    | Tobacco Settlement Financing Corp., Series 2018A                                                                                                       | CUSIP: 888808HM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3054165.60   | 0.09%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Housing Finance Corp.                                                         | Florida Housing Finance Corp., Culmer Apartments, Series 2023C                                                                                         | CUSIP: 34074HGY2<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |   1410000 | PA      | $1416902.94   | 0.04%             | 2026-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                                     | Territory of Guam, Series 2025G                                                                                                                        | CUSIP: 40065NDB0<br>LEI: N/A                  | Long             | DBT              | MUN               | GU        |   2600000 | PA      | $2802726.16   | 0.08%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Texas Turnpike System                                                         | Central Texas Turnpike System, Second Tier, Series 2024C                                                                                               | CUSIP: 88283KBY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5595807.50   | 0.16%             | 2033-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Municipal Water District Water System Revenue                             | North Texas Municipal Water District Water System                                                                                                      | CUSIP: 662903H89<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7500000 | PA      | $8473782.75   | 0.24%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Katy Independent School District                                                      | Katy Independent School District, Unlimited Tax, Series 2024                                                                                           | CUSIP: 486063W55<br>LEI: 254900H9QSKVP2HWVL72 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2258345.20   | 0.06%             | 2033-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northwest Independent School District                                                 | Northwest Independent School District, Unlimited Tax, Series 2023                                                                                      | CUSIP: 667826EE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2635488.50   | 0.08%             | 2039-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                               | Municipal Electric Authority of Georgia, Plant Vogtle Units 3 and 4 Project, Series 2019A                                                              | CUSIP: 626207X25<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3433374.00   | 0.10%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                              | New Hampshire Business Finance Authority, University of Nevada Reno Project, Series 2023A                                                              | CUSIP: 63610FBD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    860000 | PA      | $914563.39    | 0.03%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tri-County Metropolitan Transportation District of Oregon                             | Tri-County Metropolitan Transportation District of Oregon, Senior Lien Payroll Tax, Series 2021A                                                       | CUSIP: 89546RSJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1060000 | PA      | $1157537.38   | 0.03%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                         | Main Street Natural Gas, Inc., Gas Supply, Series 2024E                                                                                                | CUSIP: 56035DJJ2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |  16310000 | PA      | $17451858.21  | 0.50%             | 2055-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Lincoln NE Electric System Revenue                                            | City of Lincoln, Electric System                                                                                                                       | CUSIP: 534272J42<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $87238.43     | 0.00%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority, Covenant Living Communities and Services, Series 2025A                                                           | CUSIP: 19648FYZ1<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1058042.20   | 0.03%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                                | California Statewide Communities Development Authority, John Muir Health, Series 2024A                                                                 | CUSIP: 13080SR55<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    875000 | PA      | $947435.65    | 0.03%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Center City MN                                                                | City of Center City, Health Care Facilities, Hazelden Betty Ford Foundation Project, Series 2025                                                       | CUSIP: 151452CQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1163583.82   | 0.03%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Polk County Housing Finance Authority                                                 | Polk County Housing Finance Authority, Episcopal Catholic Apartments, Series 2023                                                                      | CUSIP: 731903BN9<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |    750000 | PA      | $756436.20    | 0.02%             | 2040-12-01      | Variable      | 4.15%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                           | Commonwealth of Puerto Rico, Series 2022A-1                                                                                                            | CUSIP: 74514L3G0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |   6500000 | PA      | $6720893.40   | 0.19%             | 2027-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Prince William County Service Authority                                               | Prince William County Service Authority, Water and Sewer System                                                                                        | CUSIP: 741765HF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1145233.70   | 0.03%             | 2033-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                            | Michigan Finance Authority, Public Lighting Authority Refunding Local Project                                                                          | CUSIP: 59447UAQ3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1091924.90   | 0.03%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government of Nashville & Davidson County TN Water & Sewer Revenue       | Metropolitan Government of Nashville and Davidson County Water and Sewer                                                                               | CUSIP: 5920983N5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2598346.50   | 0.07%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho Health Facilities Authority                                                     | Idaho Health Facilities Authority, St. Luke's Health System Project, Series 2021A                                                                      | CUSIP: 451295B65<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |     35000 | PA      | $37545.19     | 0.00%             | 2029-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                        | New Jersey Transportation Trust Fund Authority, Transportation System, Series 2018A                                                                    | CUSIP: 6461364E8<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2101244.80   | 0.06%             | 2033-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp.                                                | Clifton Higher Education Finance Corp., Idea Public Schools, Series 2024                                                                               | CUSIP: 187145TP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $613723.44    | 0.02%             | 2026-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority, Lake Forest College, Series 2022A                                                                                          | CUSIP: 45204FQW8<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    320000 | PA      | $337697.18    | 0.01%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                              | Arizona Industrial Development Authority, Equitable School Revolving Fund LLC, Series 2024A                                                            | CUSIP: 04052FEZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1090000 | PA      | $1107290.67   | 0.03%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                         | Main Street Natural Gas, Inc., Gas Supply, Series 2023C                                                                                                | CUSIP: 56035DFK3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2653629.50   | 0.08%             | 2053-09-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Vail Home Partners Corp.                                                              | Vail Home Partners Corp., Colorado Housing Facilities                                                                                                  | CUSIP: 91879VAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1962539.60   | 0.06%             | 2055-10-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                        | Black Belt Energy Gas District, Gas Project No. 8, Series 2022A                                                                                        | CUSIP: 09182TAW7<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   2820000 | PA      | $2817918.56   | 0.08%             | 2052-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| TSASC, Inc.                                                                           | TSASC, Inc., Series A                                                                                                                                  | CUSIP: 898526FE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8065000 | PA      | $8086619.85   | 0.23%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                             | New Jersey Economic Development Authority, School Facilities Construction, Series 2019GGG                                                              | CUSIP: 64577B6K5<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2053641.80   | 0.06%             | 2026-09-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| County of Wake NC                                                                     | County of Wake, Series 2025A                                                                                                                           | CUSIP: 930876JF5<br>LEI: 5493007XQJHO082P1H29 | Long             | DBT              | MUN               | US        |    625000 | PA      | $698218.44    | 0.02%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northeast Ohio Medical University                                                     | Northeast Ohio Medical University, Series 2022                                                                                                         | CUSIP: 66433RCS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1061257.30   | 0.03%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Halifax County Industrial Development Authority                                       | Halifax County Industrial Development Authority, Virginia Electric and Power, Series 2010A                                                             | CUSIP: 40579PAE1<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   2465000 | PA      | $2506528.35   | 0.07%             | 2041-12-01      | Variable      | 3.80%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                     | Philadelphia Authority for Industrial Development, Thomas Jefferson University, Series 2017A                                                           | CUSIP: 71781XCP6<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   3290000 | PA      | $3249031.93   | 0.09%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                               | Port Authority of New York and New Jersey, Consolidated, Series 223                                                                                    | CUSIP: 73358XAS1<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |    510000 | PA      | $496176.20    | 0.01%             | 2037-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Colorado Springs School District No. 11 Facilities Corp.                              | Colorado Springs School District No. 11 Facilities Corp.                                                                                               | CUSIP: 19662UBA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $589639.16    | 0.02%             | 2037-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue               | New York City Transitional Finance Authority, Future Tax Secured, Fiscal Year 2014, Series D-3                                                         | CUSIP: 64971WEY2<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |  15700000 | PA      | $15700000.00  | 0.45%             | 2044-02-01      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| County of Sullivan TN                                                                 | County of Sullivan                                                                                                                                     | CUSIP: 865287TA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30515.30     | 0.00%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                                    | City of Detroit, Unlimited Tax, Series 2021A                                                                                                           | CUSIP: 2510935E6<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |   1015000 | PA      | $987026.90    | 0.03%             | 2046-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Alabama Gas Supply District (The)                                           | Southeast Alabama Gas Supply District (The), Project No. 2, Series 2024B                                                                               | CUSIP: 84131TBT8<br>LEI: 549300BL04JIB2GJZ178 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1596478.95   | 0.05%             | 2049-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                               | Montgomery County Higher Education and Health Authority, Thomas Jefferson University                                                                   | CUSIP: 613603ZW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $481709.33    | 0.01%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority Water Pollution Control Loan Fund                    | Ohio Water Development Authority, Water Pollution Control Loan Fund, Series 2017A                                                                      | CUSIP: 67766WXP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $46524.65     | 0.00%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                                 | California Infrastructure and Economic Development Bank, Brightline West Passenger Rail Project, Series 2025A                                          | CUSIP: 13034A6B1<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |  17690000 | PA      | $16256987.94  | 0.46%             | 2065-01-01      | Variable      | 9.50%                 | Yes           |                  2 | On Loan: No      |
| City of Farmington NM                                                                 | City of Farmington, San Juan Project, Series 2010C                                                                                                     | CUSIP: 311450GE4<br>LEI: 5493000GWMTI2L4AZA61 | Long             | STIV             | MUN               | US        |   1500000 | PA      | $1531041.90   | 0.04%             | 2040-06-01      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| Denver Health & Hospital Authority                                                    | Denver Health and Hospital Authority, Series 2025A                                                                                                     | CUSIP: 24918EEN6<br>LEI: 549300WFV5S7GIR4OS67 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $968935.20    | 0.03%             | 2050-12-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                             | Indiana Finance Authority, Indiana University Health Obligated Group, Series 2023B1                                                                    | CUSIP: 45470YFL0<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5281783.50   | 0.15%             | 2062-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Water & Sewer Authority                                          | District of Columbia, Water and Sewer Authority, Public Utility, Subordinate Lien, Series 2022C1                                                       | CUSIP: 254845SQ4<br>LEI: 549300OT2FIJQJ5PSH71 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1932739.40   | 0.06%             | 2040-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Cook County School District No. 87 Berkeley                                           | Cook County School District No. 87 Berkeley                                                                                                            | CUSIP: 214165LZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $36800.61     | 0.00%             | 2030-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority, Eskaton Properties, Inc. Obligated Group, Series 2024                                                          | CUSIP: 13048VY44<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1430000 | PA      | $1506497.85   | 0.04%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                                       | State of Oregon, Article XI-F Project, Series 2025F                                                                                                    | CUSIP: 68609URG2<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |   1470000 | PA      | $1616930.47   | 0.05%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ontario Public Financing Authority                                                    | Ontario Public Financing Authority, Series 2025A                                                                                                       | CUSIP: 68304REK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1864339.80   | 0.05%             | 2055-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Columbus Regional Airport Authority                                                   | Columbus Regional Airport Authority, John Glenn Columbus International Airport, Series 2025A                                                           | CUSIP: 199546CU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3533427.90   | 0.10%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp.                                             | New York Transportation Development Corp., John F. Kennedy International Airport New Terminal One Project                                              | CUSIP: 650116JA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2153443.20   | 0.06%             | 2038-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority Parking System Revenue          | Pennsylvania Economic Development Financing Authority, Junior Guaranteed, Capitol Region Parking System, Series 2024B                                  | CUSIP: 70870EEX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1475000 | PA      | $1317491.54   | 0.04%             | 2050-01-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp.                                               | New York City Housing Development Corp., Multi-Family Mortgage, 8 Spruce Street Project, Series 2024                                                   | CUSIP: 64966TGW8<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1286855.88   | 0.04%             | 2031-12-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                         | Texas Water Development Board, Series 2023A                                                                                                            | CUSIP: 88285ADU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1725000 | PA      | $1735755.89   | 0.05%             | 2058-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Lake Havasu City AZ Wastewater System Revenue                                 | City of Lake Havasu City Wastewater System, Senior Lien                                                                                                | CUSIP: 50989RAP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $2022451.92   | 0.06%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                       | Indianapolis Local Public Improvement Bond Bank, Indianapolis Public Transportation Corp. Project, Series 2025A                                        | CUSIP: 45527CDP4<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |    450000 | PA      | $501310.22    | 0.01%             | 2032-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Air Quality Development Authority                                                | Ohio Air Quality Development Authority, Duke Energy Corp., Series 2022A                                                                                | CUSIP: 677525WV5<br>LEI: 549300DZUU80AYOR6M80 | Long             | STIV             | MUN               | US        |   4035000 | PA      | $4109833.92   | 0.12%             | 2039-11-01      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                       | Indianapolis Local Public Improvement Bond Bank, Indianapolos Airport Authority, Series 2025B-1                                                        | CUSIP: 45528VFJ3<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |    500000 | PA      | $536974.00    | 0.02%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Prince William County Service Authority                                               | Prince William County Service Authority, Water and Sewer System                                                                                        | CUSIP: 741765HE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1138443.80   | 0.03%             | 2032-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue               | New York City Transitional Finance Authority, Future Tax Secured, Fiscal Year 2021, Series 2021C, Subseries C-1                                        | CUSIP: 64971XTX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $551943.59    | 0.02%             | 2035-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Port of Greater Cincinnati Development Authority                                      | Port of Greater Cincinnati Development Authority, Duke Energy Convention Center Project, Series 2024B                                                  | CUSIP: 734195DU1<br>LEI: 549300IK2RCZBY62ST97 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1069228.70   | 0.03%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority                                                               | Capital Trust Authority, IPS Enterprises, Inc., Projects, Series 2023A                                                                                 | CUSIP: 14054WAH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1668684.71   | 0.05%             | 2033-06-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp.                                                    | Tennessee Energy Acquisition Corp., Gas Project, Series 2023A-1                                                                                        | CUSIP: 880443JF4<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1297359.88   | 0.04%             | 2028-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                                    | State of Wisconsin, Series 2025-2                                                                                                                      | CUSIP: 97705MM85<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |   3950000 | PA      | $4331468.88   | 0.12%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government of Nashville & Davidson County TN Water & Sewer Revenue       | Metropolitan Government of Nashville and Davidson County Water and Sewer                                                                               | CUSIP: 5920983E5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2777894.25   | 0.08%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri                    | Health and Educational Facilities Authority of the State of Missouri, St. Louis University, Series 2008B                                               | CUSIP: 6069014P8<br>LEI: 549300IWTBCMX5JB3277 | Long             | STIV             | MUN               | US        |    910000 | PA      | $910000.00    | 0.03%             | 2035-10-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority                                                      | Ohio Water Development Authority, Series 2016B                                                                                                         | CUSIP: 67765QCK0<br>LEI: 549300QMBH1DMY67FZ74 | Long             | DBT              | MUN               | US        |     35000 | PA      | $35703.35     | 0.00%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Island Power Authority                                                           | Long Island Power Authority, Electric System, Series 2024B                                                                                             | CUSIP: 542691KA7<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $14970397.50  | 0.43%             | 2049-09-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                       | Indianapolis Local Public Improvement Bond Bank, Indianapolos Airport Authority, Series 2025B-1                                                        | CUSIP: 45528VFG9<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |    375000 | PA      | $410811.86    | 0.01%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Springs School District No. 11 Facilities Corp.                              | Colorado Springs School District No. 11 Facilities Corp.                                                                                               | CUSIP: 19662UAP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $360162.08    | 0.01%             | 2026-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                                   | Washington Health Care Facilities Authority, Fred Hutchinson Cancer Research Center, Series 2024A                                                      | CUSIP: 97712JLG6<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   3525000 | PA      | $3912013.63   | 0.11%             | 2031-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Oshkosh WI Water Revenue                                                      | City of Oshkosh, Water, Series 2022D                                                                                                                   | CUSIP: 688259QT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $170695.72    | 0.00%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue                               | Puerto Rico Sales Tax Financing Corp. Sales Tax, Series A-1                                                                                            | CUSIP: 74529JQG3<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |  13500000 | PA      | $4240918.35   | 0.12%             | 2046-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                     | State of Illinois, Series 2016                                                                                                                         | CUSIP: 452152G88<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1032557.10   | 0.03%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Water Resources Board                                                        | Oklahoma Water Resources Board, State Loan Program, Series 2024A                                                                                       | CUSIP: 67920Q3U0<br>LEI: 5493007CUNXW5UX11C71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1065128.80   | 0.03%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                                   | State of California, Various Purpose                                                                                                                   | CUSIP: 13063DZE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    335000 | PA      | $370784.10    | 0.01%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Desert Community College District                                                     | Desert Community College District, Election of 2016                                                                                                    | CUSIP: 250375NC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3469601.60   | 0.10%             | 2051-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Lenoir City TN Electric System Revenue                                        | City of Lenoir City, Electric System, Series 2022                                                                                                      | CUSIP: 526138MN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $183395.29    | 0.01%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                         | Commonwealth of Massachusetts, Consolidated Loan of 2016, Series 2016J                                                                                 | CUSIP: 57582RME3<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   2505000 | PA      | $2411351.08   | 0.07%             | 2039-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Institutional Tax Free Money Market Fund                                     | JPMorgan Institutional Tax Free Money Market Fund, Class IM                                                                                            | CUSIP: 46645V725<br>LEI: N/A                  | Long             | STIV             | RF                | US        | 439388564 | NS      | $439432503.06 | 12.55%            |  |  |  | No            |                  1 | On Loan: No      |
| Michigan Finance Authority                                                            | Michigan Finance Authority, Public Lighting Authority Refunding Local Project                                                                          | CUSIP: 59447UAV2<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1372203.26   | 0.04%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Housing Finance Agency                                                 | New York State Housing Finance Agency, 160 Madison Avenue LLC, Series 2013A                                                                            | CUSIP: 64986UA72<br>LEI: 5493000LS7KCDB02O506 | Long             | STIV             | MUN               | US        |   5000000 | PA      | $5000000.00   | 0.14%             | 2046-11-01      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| County of Adams CO                                                                    | County of Adams                                                                                                                                        | CUSIP: 005596FG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1251862.35   | 0.04%             | 2054-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority                                                      | Ohio Water Development Authority, Drinking Water Assistance, Series 2025A                                                                              | CUSIP: 67765QSP2<br>LEI: 549300QMBH1DMY67FZ74 | Long             | DBT              | MUN               | US        |   5100000 | PA      | $5720497.11   | 0.16%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue                               | Puerto Rico Sales Tax Financing Corp. Sales Tax, Series A-2                                                                                            | CUSIP: 74529JRH0<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   6500000 | PA      | $6014255.00   | 0.17%             | 2040-07-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| City of Jacksonville FL                                                               | City of Jacksonville, Series 2024                                                                                                                      | CUSIP: 469487VL3<br>LEI: 549300XQE0JVN9WV0J40 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1512706.72   | 0.04%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                       | Indianapolis Local Public Improvement Bond Bank, Indianapolis Public Transportation Corp. Project, Series 2025A                                        | CUSIP: 45527CDT6<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |    225000 | PA      | $251942.47    | 0.01%             | 2034-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Franklin Township-Marion County Multiple School Building Corp.                        | Franklin Township-Marion County Multiple School Building Corp., Valorem Property Tax First Mortgage, Series 2024                                       | CUSIP: 355137GB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1051096.10   | 0.03%             | 2040-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                           | Connecticut State Health and Educational Facilities Authority, Yale New Heaven Health, Series 2024B                                                    | CUSIP: 20775DYS5<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   3750000 | PA      | $4033467.38   | 0.12%             | 2049-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| South Dakota Housing Development Authority                                            | South Dakota Housing Development Authority, Series 2025A                                                                                               | CUSIP: 83756LBS3<br>LEI: 549300G853EK61667C18 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1421279.63   | 0.04%             | 2055-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                     | State of Illinois, Series 2017A                                                                                                                        | CUSIP: 452152S51<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1028884.20   | 0.03%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                         | Main Street Natural Gas, Inc., Gas Supply, Series 2022B                                                                                                | CUSIP: 56035DEE8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1833006.18   | 0.05%             | 2052-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Stamford Housing Authority                                                            | Stamford Housing Authority, Mozaic Concierge Living Project, Series 2025A                                                                              | CUSIP: 852640AK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1479376.95   | 0.04%             | 2055-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Texas Private Activity Bond Surface Transportation Corp.                              | Texas Private Activity Bond Surface Transportation Corp., North Tarrant Express Managed Lanes Project, Mobility Partners LLC, Series 2019A             | CUSIP: 882667AY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1037706.35   | 0.03%             | 2039-12-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Austin Independent School District                                                    | Austin Independent School District, Unlimited Tax                                                                                                      | CUSIP: 052430WF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2049115.00   | 0.06%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Grand Prairie TX                                                              | City of Grand Prairie, Series 2023                                                                                                                     | CUSIP: 386138R37<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $605929.26    | 0.02%             | 2037-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Grandview Heights City School District                                                | Grandview Heights City School District                                                                                                                 | CUSIP: 386694FH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1660000 | PA      | $1714942.35   | 0.05%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                                 | Louisiana Public Facilities Authority, Ochsner Clinic Foundation Project, Series 2025B                                                                 | CUSIP: 546399UQ7<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3277602.00   | 0.09%             | 2030-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hays TX                                                                     | County of Hays, Limited Tax                                                                                                                            | CUSIP: 421020A99<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20228.21     | 0.00%             | 2026-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Development Finance Board                                                    | Missouri Development Finance Board, Procter & Gamble Co. Project, Series 1999                                                                          | CUSIP: 60636LAA7<br>LEI: 549300JD8BCNBV9D3830 | Long             | DBT              | MUN               | US        |   1680000 | PA      | $1792518.34   | 0.05%             | 2029-03-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| South Dakota Health & Educational Facilities Authority                                | South Dakota Health and Educational Facilities Authority, Sanford                                                                                      | CUSIP: 83755VW59<br>LEI: 549300ZW6LKR8UI2C378 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1167603.91   | 0.03%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                               | Montgomery County Higher Education and Health Authority, Series 2022B                                                                                  | CUSIP: 613603G94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1902388.00   | 0.05%             | 2057-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Stony Point NY                                                                | Town of Stony Point                                                                                                                                    | CUSIP: 862089NC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $78672.19     | 0.00%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp.                                             | New York Transportation Development Corp., JFK International Airport New Terminal One Project, Series 2024A                                            | CUSIP: 650116HV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4935000 | PA      | $4795108.05   | 0.14%             | 2054-12-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Rhode Island Health and Educational Building Corp.                                    | Rhode Island Health and Educational Building Corp., Brynt University Issue, Series 2024                                                                | CUSIP: 762197T84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2255000 | PA      | $2414782.99   | 0.07%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Public School Authority                                                      | Virginia Public School Authority, 1997 Resolution, Series 2025A                                                                                        | CUSIP: 92818HH53<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3840000 | PA      | $4283821.06   | 0.12%             | 2037-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                         | Main Street Natural Gas, Inc., Gas Supply, Series 2023A                                                                                                | CUSIP: 56035DEN8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   4215000 | PA      | $4461729.24   | 0.13%             | 2030-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue                               | Puerto Rico Sales Tax Financing Corp. Sales Tax, Series A-1                                                                                            | CUSIP: 74529JPX7<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |  22300000 | PA      | $20392888.39  | 0.58%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                      | Pennsylvania Turnpike Commission, Series A-1                                                                                                           | CUSIP: 709224YT0<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    105000 | PA      | $110322.74    | 0.00%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Holland MI                                                                    | City of Holland, Series 2023                                                                                                                           | CUSIP: 435164WW4<br>LEI: 5493006PATL0IAK3G383 | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1118724.80   | 0.03%             | 2041-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp.                                               | City of Phoenix Civic Improvement Corp., Subordinate Excise Tax                                                                                        | CUSIP: 71884AQ93<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2405000 | PA      | $2681653.88   | 0.08%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue               | New York City Transitional Finance Authority, Future Tax Secured, Fiscal Year 2022, Series 2022B, Subseries B-1                                        | CUSIP: 64971XE61<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3370000 | PA      | $2957379.22   | 0.08%             | 2045-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corp.                                         | New York State Environmental Facilities Corp.,Solid Waste Disposal, Waste Management, Inc. Project                                                     | CUSIP: 649852AN0<br>LEI: 549300QJ33JJW73OQO60 | Long             | STIV             | MUN               | US        |   3000000 | PA      | $3000330.00   | 0.09%             | 2030-05-01      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| New York State Energy Research & Development Authority                                | New York State Energy Research and Development Authority, Rochester Gas and Electric Corp., Project, Series 1997B                                      | CUSIP: 649845JD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1017876.10   | 0.03%             | 2032-08-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corp.                                                        | Sales Tax Securitization Corp., Second Lien                                                                                                            | CUSIP: 79467BGU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2340000 | PA      | $2562532.13   | 0.07%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                               | Michigan Strategic Fund, Consumers Co. Project, Series 2019                                                                                            | CUSIP: 594698TK8<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |  14030000 | PA      | $13853199.55  | 0.40%             | 2049-10-01      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| City of Clarksville TN Water Sewer & Gas Revenue                                      | City of Clarksville Water Sewer and Gas, Series 2021A                                                                                                  | CUSIP: 182618PP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3950000 | PA      | $3707755.59   | 0.11%             | 2041-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Mortgage Finance Authority                                                 | New Mexico Mortgage Finance Authority, Santee Apartments and Sangre De Cristo Project                                                                  | CUSIP: 64719HEP1<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   2100000 | PA      | $2102794.89   | 0.06%             | 2042-02-01      | Variable      | 3.73%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corp.                                                        | Sales Tax Securitization Corp., Senior Lien, Series 2023C                                                                                              | CUSIP: 79467BGF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1075604.10   | 0.03%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority, Sales Tax, Series 2024A                                                                                            | CUSIP: 65000BW61<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   3600000 | PA      | $3798940.68   | 0.11%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lake County Community Consolidated School District No. 3 Beach Park                   | Lake County Community Consolidated School District No. 3 Beach Park                                                                                    | CUSIP: 508444ES1<br>LEI: 549300OXP7UXKVRQI587 | Long             | DBT              | MUN               | US        |    175000 | PA      | $179148.52    | 0.01%             | 2032-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority, Pace University, Series 2024A                                                                                      | CUSIP: 65000B4P0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1360000 | PA      | $1444516.66   | 0.04%             | 2036-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Mesa AZ Utility System Revenue                                                | City of Mesa Utility System                                                                                                                            | CUSIP: 5905452Y4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2256458.00   | 0.06%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Glen Rose Independent School District                                                 | Glen Rose Independent School District, Unlimited Tax, Series 2023                                                                                      | CUSIP: 377856KA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1061020.40   | 0.03%             | 2036-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Atlantic University Finance Corp.                                             | Florida Atlantic University Finance Corp., Student Housing Project, Series 2019B                                                                       | CUSIP: 31200CCW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $265969.08    | 0.01%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                                    | State of Wisconsin, Series 2025 1                                                                                                                      | CUSIP: 97705MK53<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |   4320000 | PA      | $4925937.02   | 0.14%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Corpus Christi TX Utility System Revenue                                      | City of Corpus Christi, Utility System, Series 2022B                                                                                                   | CUSIP: 220245U51<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $362836.86    | 0.01%             | 2032-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alaska Industrial Development & Export Authority                                      | Alaska Industrial Development and Export Authority, Tanana Chiefs Conference Project, Series 2019A                                                     | CUSIP: 011903GF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2455000 | PA      | $2370122.55   | 0.07%             | 2036-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago Midway International Airport                                                  | Chicago Midway International Airport, Senior Lien, Series 2023C                                                                                        | CUSIP: 167562TF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3764067.65   | 0.11%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chico Unified School District                                                         | Chico Unified School District, Election of 2024, Series 2024A                                                                                          | CUSIP: 168520RN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1439433.30   | 0.04%             | 2049-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                                   | California School Finance Authority, Kipp SoCal Public Schools, Series 2019A                                                                           | CUSIP: 13059TFT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    825000 | PA      | $834631.46    | 0.02%             | 2039-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Kansas Development Finance Authority                                                  | Kansas Development Finance Authority, AdventHealth, Series 2021B                                                                                       | CUSIP: 48542AFE6<br>LEI: 549300WTL7BL8KBDPR87 | Long             | DBT              | MUN               | US        |    200000 | PA      | $221482.36    | 0.01%             | 2054-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority, Memorial Sloan Kettering Cancer Center, Series 2025 2-B                                                            | CUSIP: 64985SBY8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3277923.00   | 0.09%             | 2049-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue               | New York City Transitional Finance Authority, Future Tax Secured, Fiscal Year 2022, Series 2022F, Subseries F-1                                        | CUSIP: 64971XT81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $974504.80    | 0.03%             | 2038-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Hospital Development Authority                                       | Allegheny County Hospital Development Authority, Pittsburgh Medical Center, Series 2019A                                                               | CUSIP: 01728A4S2<br>LEI: 54930046B973R604OG22 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1905991.20   | 0.05%             | 2032-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                     | State of Illinois, Series 2018A                                                                                                                        | CUSIP: 4521522K6<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2590000 | PA      | $2712752.53   | 0.08%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                             | City of Salt Lake City, International Airport, Series 2025A                                                                                            | CUSIP: 795576MX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1580000 | PA      | $1624118.50   | 0.05%             | 2043-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Rhode Island Health and Educational Building Corp.                                    | Rhode Island Health and Educational Building Corp., Lifespan Obligated Group, Series 2024                                                              | CUSIP: 762244MF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $986629.00    | 0.03%             | 2043-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                             | City of Houston Airport System, United Airlines, Inc., Terminal Improvement Projects, Series 2020B-2                                                   | CUSIP: 442349DH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1955000 | PA      | $1982094.35   | 0.06%             | 2027-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Jefferson AL Sewer Revenue                                                  | County of Jefferson sewer                                                                                                                              | CUSIP: 472682ZG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2121191.00   | 0.06%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Richmond VA                                                                   | City of Richmond, Public Improvement, Series 2017B                                                                                                     | CUSIP: 76541VRV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $183654.92    | 0.01%             | 2027-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                                  | State of Connecticut, Series 2025B                                                                                                                     | CUSIP: 20772KB99<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4365000 | PA      | $4729477.94   | 0.14%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                       | Indianapolis Local Public Improvement Bond Bank, Indianapolos Airport Authority, Series 2025B-1                                                        | CUSIP: 45528VFK0<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |    230000 | PA      | $243882.59    | 0.01%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Housing Finance Corp.                                                         | Florida Housing Finance Corp., Northside Transit Village III, Series 2023B                                                                             | CUSIP: 34074HGZ9<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008698.90   | 0.03%             | 2027-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Charleston Educational Excellence Finance Corp.                                       | Charleston Educational Excellence Finance Corp., Installment Purchase, Charleston County School District, South Carolina Project, Series 2024          | CUSIP: 160131ER5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1433575.54   | 0.04%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri                    | Health and Educational Facilities Authority of the State of Missouri, Mercy Health, Series 2018A                                                       | CUSIP: 60637ANA6<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    180000 | PA      | $191138.31    | 0.01%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine Municipal Bond Bank                                                             | Maine Municipal Bond Bank, Series 2025A                                                                                                                | CUSIP: 56045SBG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $251542.13    | 0.01%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Buncombe NC                                                                 | County of Buncombe, Limited Tax                                                                                                                        | CUSIP: 120525KF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1138806.30   | 0.03%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Omaha Public Power District                                                           | Omaha Public Power District, Electric System, Series 2022A                                                                                             | CUSIP: 682001HM7<br>LEI: 54930000VJEJ9CGIYG32 | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3466061.63   | 0.10%             | 2042-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| University of Kentucky                                                                | University of Kentucky, General Receipts, Series 2015A                                                                                                 | CUSIP: 914378HP2<br>LEI: 549300CXE3YQ1HXYCQ71 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4899864.00   | 0.14%             | 2038-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Indio Finance Authority                                                               | Indio Finance Authority, City of Indio, Series 2022A                                                                                                   | CUSIP: 45571LDE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $360154.76    | 0.01%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                                   | Pennsylvania Housing Finance Agency, Single Family Mortgage, Series 2024-145A                                                                          | CUSIP: 70879QWN9<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   1985000 | PA      | $2165245.54   | 0.06%             | 2054-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Dominion Water & Sanitation District                                                  | Dominion Water and Sanitation District                                                                                                                 | CUSIP: 25755AAC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $503302.50    | 0.01%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                     | State of Illinois                                                                                                                                      | CUSIP: 452153KW8<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3190855.50   | 0.09%             | 2037-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                               | South Carolina Public Service Authority, Series 2025B                                                                                                  | CUSIP: 8371516Q7<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2736480.45   | 0.08%             | 2048-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cobb-Marietta Coliseum & Exhibit Hall Authority                                       | Cobb-Marietta Coliseum and Exhibit Hall Authority, Galleria Center Project                                                                             | CUSIP: 190760JP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1832578.13   | 0.05%             | 2050-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Clark County School District                                                          | Clark County School District, Limited Tax, Series 2018A                                                                                                | CUSIP: 181059ZR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $99842.14     | 0.00%             | 2032-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Shelby County Health Educational & Housing Facilities Board                           | Shelby County Health Educational and Housing Facilities Board, The Farms at Bailey Station Project, Series 2019A                                       | CUSIP: 82170KAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $113641.31    | 0.00%             | 2034-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Downtown Revitalization Public Infrastructure District                                | Downtown Revitalization Public Infrastructure District, Second Lien Sales Tax SEG Redevelopment Project, Series 2025B                                  | CUSIP: 26118TBT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1041607.50   | 0.03%             | 2045-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                         | Main Street Natural Gas, Inc., Gas Supply, Series 2025B                                                                                                | CUSIP: 56035DKH4<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |  17500000 | PA      | $18500055.00  | 0.53%             | 2055-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                              | Arizona Industrial Development Authority, Equitable School Revolving Fund LLC                                                                          | CUSIP: 04052FEM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $977934.90    | 0.03%             | 2053-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Airport System Revenue                                              | City of Austin, Airport System, Series 2017B                                                                                                           | CUSIP: 052398FU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $982511.90    | 0.03%             | 2046-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                       | New York City Municipal Water Finance Authority, Water and Sewer System, Second General Resolution, Fiscal Year 2020, Series 2022FF                    | CUSIP: 64972GWZ3<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   1760000 | PA      | $1642063.28   | 0.05%             | 2041-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ontario Public Financing Authority                                                    | Ontario Public Financing Authority, Civic Center Improvements, Series 2022A                                                                            | CUSIP: 68304RCZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $158148.54    | 0.00%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority, CommonSpirit Health, Series 2019A-1                                                                              | CUSIP: 19648FJX3<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1510000 | PA      | $1446646.74   | 0.04%             | 2037-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fircrest Properties                                                                   | Fircrest Properties, State of Washington Dshs Project                                                                                                  | CUSIP: 318094AT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5259279.00   | 0.15%             | 2049-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| River Islands Public Financing Authority                                              | River Islands Public Financing Authority, Facilities District No. 2003, Series 2022A-1                                                                 | CUSIP: 76827QGF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $364478.47    | 0.01%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                             | Indiana Finance Authority, State Revolving Fund Program, Series 2025C                                                                                  | CUSIP: 45506ELZ4<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2279731.20   | 0.07%             | 2033-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority, Kahala Nui Project                                                                                                           | CUSIP: 74442PJ30<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    460000 | PA      | $503002.96    | 0.01%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                                 | Metropolitan Transportation Authority, Series 2024B                                                                                                    | CUSIP: 59261A3L9<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2049692.60   | 0.06%             | 2041-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Milwaukee WI                                                                  | City of Milwaukee, Promissory Notes, Series 2023N3                                                                                                     | CUSIP: 602366W69<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1655000 | PA      | $1837441.74   | 0.05%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                                  | District of Columbia, Georgetown University Issue, Series 2025A                                                                                        | CUSIP: 25484JDJ6<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |  21500000 | PA      | $23356383.10  | 0.67%             | 2060-04-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Downtown Revitalization Public Infrastructure District                                | Downtown Revitalization Public Infrastructure District, Second Lien Sales Tax SEG Redevelopment Project, Series 2025B                                  | CUSIP: 26118TBU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2093313.60   | 0.06%             | 2050-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Multnomah & Clackamas Counties School District No. 10JT Gresham-Barlow                | Multnomah and Clackamas Counties School District No. 10JT Gresham-Barlow, Series B                                                                     | CUSIP: 625482GF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8500000 | PA      | $5546301.85   | 0.16%             | 2035-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                              | New Hampshire Business Finance Authority, Winston Salem Sustainable Energy Partners, Series 2025A                                                      | CUSIP: 63607YCW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4066514.80   | 0.12%             | 2050-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| County of DeKalb GA Water & Sewerage Revenue                                          | County of DeKalb, Water and Sewerage, Series 2006B                                                                                                     | CUSIP: 240523UJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25787.77     | 0.00%             | 2026-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                             | City of Salt Lake City, Airport System, Series 2021A                                                                                                   | CUSIP: 795576JM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2350000 | PA      | $2529966.06   | 0.07%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Louisiana Gasoline & Fuels Tax Revenue                                       | State of Louisiana Gasoline and Fuels Tax, Second Lien, Series 2025A                                                                                   | CUSIP: 546475WY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2055000 | PA      | $2182643.65   | 0.06%             | 2040-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                                       | California County Tobacco Securitization Agency, Sonoma County Securitization Corp., Series 2020B-2                                                    | CUSIP: 13016NHB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $1095230.40   | 0.03%             | 2055-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York Power Authority                                                              | New York Power Authority, Green Transmission Project, Series 2023A                                                                                     | CUSIP: 65000XBU3<br>LEI: I5P1GEYFGGMMDOFX2L30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007131.20   | 0.03%             | 2053-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Canisteo-Greenwood Central School District                                            | Canisteo-Greenwood Central School District                                                                                                             | CUSIP: 137590CL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3028905.30   | 0.09%             | 2026-06-26      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority                                         | Palm Beach County Health Facilities Authority, Acts Retirement Life Communities, Inc., Obligated Group, Series 2025B                                   | CUSIP: 69650MBA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3485000 | PA      | $3248595.37   | 0.09%             | 2049-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp.                                                              | Build NYC Resource Corp., The Young Men's and Women's Hebrew Association Project, Series 2024                                                          | CUSIP: 12008EVX1<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2631863.25   | 0.08%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Round Rock TX                                                                 | City of Round Rock                                                                                                                                     | CUSIP: 779223JJ6<br>LEI: 549300VJM2Z2IGVYF523 | Long             | DBT              | MUN               | US        |   1180000 | PA      | $1208001.52   | 0.03%             | 2026-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                               | Los Angeles Department of Water and Power System, Series 2021C                                                                                         | CUSIP: 544532CQ5<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   6285000 | PA      | $6336587.28   | 0.18%             | 2026-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Onondaga Civic Development Corp.                                                      | Onondaga Civic Development Corp., Syracuse University Project                                                                                          | CUSIP: 682832KU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1414259.25   | 0.04%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Cary NC                                                                       | Town of Cary, Series 2021                                                                                                                              | CUSIP: 147051YK6<br>LEI: 5493005EXXSJNCUZX878 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5283710.00   | 0.15%             | 2032-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland                                                                     | State of Maryland, State and Local Facilities Loan of 2022, Series 2022A                                                                               | CUSIP: 574193VK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1125140.90   | 0.03%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Harnett NC                                                                  | County of Harnett, Limited Tax                                                                                                                         | CUSIP: 41333TCL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $200210.06    | 0.01%             | 2031-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Virginia Transportation Commission                                           | Northern Virginia Transportation Commission, Transforming Rail in Virginia Program                                                                     | CUSIP: 66604PAT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $400025.73    | 0.01%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bucks County Water and Sewer Authority                                                | Bucks County Water and Sewer Authority, Series 2022A                                                                                                   | CUSIP: 118683JP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $117403.27    | 0.00%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                                   | Washington Health Care Facilities Authority, Fred Hutchinson Cancer Research Center, Series 2024A                                                      | CUSIP: 97712JLK7<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1347225.12   | 0.04%             | 2034-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Williamson TX                                                               | County of Williamson, Limited Tax                                                                                                                      | CUSIP: 9698874J4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40472.76     | 0.00%             | 2026-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Development Authority of Burke County (The)                                           | Development Authority of Burke County (The), Georgia Power Co. Plant Vogtle Project, Series 2013-1                                                     | CUSIP: 121342QL6<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   1015000 | PA      | $1018090.37   | 0.03%             | 2027-03-12      | Variable      | 3.38%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                        | New Jersey Transportation Trust Fund Authority, Transportation System, Series 2024A                                                                    | CUSIP: 64613CEQ7<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |  12000000 | PA      | $12791278.80  | 0.37%             | 2038-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Goshen IN                                                                     | City of Goshen, Multi-Family, Green Oaks of Goshen Project, Series 2021A                                                                               | CUSIP: 38327MAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $199478.98    | 0.01%             | 2041-08-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri                    | Health and Educational Facilities Authority of the State of Missouri, SSM Health Care Obligated Group, Series 2023A                                    | CUSIP: 60637AVX7<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5282639.50   | 0.15%             | 2039-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Cedar Rapids Community School District Infrastructure Sales Services & Use Tax        | Cedar Rapids Community School District Infrastructure Sales Services and Use Tax, Series 2023                                                          | CUSIP: 150539CT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1060000 | PA      | $1123074.66   | 0.03%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd      | Metropolitan Government Nashville and Davidson County, Health and Educational Facilities Board, Belmont University, Series 2023                        | CUSIP: 592029CE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $421650.28    | 0.01%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                      | Pennsylvania Turnpike Commission, Series 2016B                                                                                                         | CUSIP: 709224PF0<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    575000 | PA      | $576689.06    | 0.02%             | 2033-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tennessee Housing Development Agency                                                  | Tennessee Housing Development Agency, Series 2025-1A                                                                                                   | CUSIP: 88046KQU3<br>LEI: 25490004PSQYQLFJGI76 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5534997.50   | 0.16%             | 2056-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Grand Parkway Transportation Corp.                                                    | Grand Parkway Transportation Corp., Grand Parkway System Subordinate Tier, Series 2018A                                                                | CUSIP: 38611TBQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4546473.30   | 0.13%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                                  | Triborough Bridge and Tunnel Authority, MTA Bridges and Tunnels                                                                                        | CUSIP: 89602RNT8<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   3275000 | PA      | $3664592.36   | 0.10%             | 2036-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Highland Park IL                                                              | City of Highland Park                                                                                                                                  | CUSIP: 430434ZZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $36654.21     | 0.00%             | 2028-12-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Securitization Authority of Southern California                               | Tobacco Securitization Authority of Southern California, San Diego County Tobacco Asset Securitization Corp., Series 2019A, Class 1                    | CUSIP: 888804CR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2838775.50   | 0.08%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                       | New York City Municipal Water Finance Authority, Water and Sewer System, Second General Resolution, Fiscal Year 2024, Series 2024, Subseries AA-1      | CUSIP: 64972GF41<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   2700000 | PA      | $2776687.02   | 0.08%             | 2053-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Buckeye AZ Excise Tax Revenue                                                 | City of Buckeye, Excise Tax                                                                                                                            | CUSIP: 118087EZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1496616.48   | 0.04%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp.                                             | New York Transportation Development Corp., JFK International Airport New Terminal One Project, Series 2023                                             | CUSIP: 650116GX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $481105.80    | 0.01%             | 2049-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Knox County Health Educational & Housing Facility Board                               | Knox County Health Educational and Housing Facility Board, University of Tennessee Project, Series 2024A-1                                             | CUSIP: 499526AK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $520067.60    | 0.01%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Crowley Independent School District                                                   | Crandall Independent School District, Unlimited Tax, Series 2023                                                                                       | CUSIP: 228130KD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5100000 | PA      | $5334433.74   | 0.15%             | 2041-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Baseline Metropolitan District No. 1                                                  | Baseline Metropolitan District No. 1, Series 2024A                                                                                                     | CUSIP: 069826AF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $512817.85    | 0.01%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority, Humangood California Obligated Group, Series 2025A                                                             | CUSIP: 13048V3V8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1675000 | PA      | $1682434.99   | 0.05%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp.                                             | Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement, Series 2018A-1                                                                 | CUSIP: 38122NZP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $268926.30    | 0.01%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Salt River Project Agricultural Improvement & Power District                          | Salt River Project Agricultural Improvement and Power District, Arizona Electric System, Series 2024B                                                  | CUSIP: 79574CGM9<br>LEI: SHB8HO6GKXJ83RX5OV39 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6513679.80   | 0.19%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lyons Central School District                                                         | Lyons Central School District                                                                                                                          | CUSIP: 552279KZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3030122.10   | 0.09%             | 2026-06-26      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                       | New York City Municipal Water Finance Authority, Water and Sewer System, Second General Resolution, Fiscal Year 2023, Series 2023CC                    | CUSIP: 64972GC85<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | STIV             | MUN               | US        |   2105000 | PA      | $2105000.00   | 0.06%             | 2053-06-15      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| Mansfield Independent School District                                                 | Mansfield Independent School District, Unlimited Tax                                                                                                   | CUSIP: 564386VF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2633132.75   | 0.08%             | 2041-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth Financing Authority                                                      | Commonwealth Financing Authority, Tobacco Master Settlement Payment                                                                                    | CUSIP: 20282EAR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $206997.58    | 0.01%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brushy Creek Regional Utility Authority, Inc.                                         | Brushy Creek Regional Utility Authority, Inc., Brushy Creek Regional Water Treatment and Distribution Project                                          | CUSIP: 117467DQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $86799.59     | 0.00%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wylie Independent School District/Collin County                                       | Wylie Independent School District                                                                                                                      | CUSIP: 98306EBV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2695000 | PA      | $2864669.65   | 0.08%             | 2039-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority, Series 2024A                                                                                                       | CUSIP: 65000BW46<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2504879.25   | 0.07%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                                   | City of New York, Fiscal Year 2019, Series 2019E                                                                                                       | CUSIP: 64966MR43<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    100000 | PA      | $106014.53    | 0.00%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                                | Illinois Housing Development Authority, Series 2025A                                                                                                   | CUSIP: 45203MK34<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4518152.00   | 0.13%             | 2055-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Paulding County School District                                                       | Paulding County School District                                                                                                                        | CUSIP: 703600GK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1960454.83   | 0.06%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority, Kahala Nui Project                                                                                                           | CUSIP: 74442PL37<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $966122.80    | 0.03%             | 2061-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                           | Washington Health Care Facilities Authority, Fred Hutchinson Cancer Research Center, Series 2025A                                                      | CUSIP: 93978HZE8<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1088491.20   | 0.03%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan St. Louis Sewer District                                                 | Metropolitan St. Louis Sewer District, Wastewater System Improvement, Series 2017A                                                                     | CUSIP: 592481JU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $52239.15     | 0.00%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                      | California Health Facilities Financing Authority, PIH Health, Series 2020A                                                                             | CUSIP: 13032UWP9<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1651558.40   | 0.05%             | 2050-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp.                                             | New York Transportation Development Corp., Delta Air Lines, Inc., LaGuardia Airport Terminals C&D Redevelopment Project, Series 2018                   | CUSIP: 650116CJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5495000 | PA      | $5635869.82   | 0.16%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp.                            | Tarrant County Cultural Education Facilities Finance Corp., Christus Health, Series 2024B                                                              | CUSIP: 87638THN6<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   2485000 | PA      | $2678080.52   | 0.08%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Burlington County Bridge Commission                                                   | Burlington County Bridge Commission, Government Leasing Program, Series 2024D                                                                          | CUSIP: 121651PZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5018061.00   | 0.14%             | 2025-12-11      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                              | Arizona Industrial Development Authority, Multi-Family The Ranches At Gunsmoke Project                                                                 | CUSIP: 04062PCD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2580000 | PA      | $2644190.14   | 0.08%             | 2058-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Tobacco Securitization Corp.                                                 | Northern Tobacco Securitization Corp., Tobacco Settlement Asset-Backed Senior Capital Appreciation, Series 2021B-2, Class 2                            | CUSIP: 66585VCB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14500000 | PA      | $1634076.05   | 0.05%             | 2066-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Hospital Development Authority                                       | Allegheny County Hospital Development Authority, Pittsburgh Medical Center, Series 2019A                                                               | CUSIP: 01728A4V5<br>LEI: 54930046B973R604OG22 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4190483.60   | 0.12%             | 2034-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Colorado                                                                | University of Colorado, Enterprise System, Series 2017A-2                                                                                              | CUSIP: 91417NJK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $35679.92     | 0.00%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                                   | City of New York, Fiscal Year 2025, Series 2025G, Subseries G-1                                                                                        | CUSIP: 64966SLJ3<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4236641.20   | 0.12%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Island Power Authority                                                           | Long Island Power Authority, Electric System                                                                                                           | CUSIP: 542691LD0<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | STIV             | MUN               | US        |   8000000 | PA      | $8000000.00   | 0.23%             | 2055-09-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority                                                | Oklahoma Development Finance Authority Health System, OU Medicine Project, Series 2018B                                                                | CUSIP: 67884XCH8<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |   5550000 | PA      | $5203821.53   | 0.15%             | 2048-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                               | Port Authority of New York and New Jersey, Consolidated                                                                                                | CUSIP: 73358XRJ3<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1632482.55   | 0.05%             | 2035-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                           | San Diego County Regional Airport Authority, Senior Private Activity                                                                                   | CUSIP: 79739GRK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5460000 | PA      | $5397276.07   | 0.15%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp.                                                    | Tobacco Settlement Financing Corp., Series 2018A                                                                                                       | CUSIP: 888808HJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6255000 | PA      | $6454585.79   | 0.18%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Municipal Water District Water System Revenue                             | North Texas Municipal Water District Water System                                                                                                      | CUSIP: 662903H97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1340000 | PA      | $1494236.01   | 0.04%             | 2036-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Baseline Metropolitan District No. 1                                                  | Baseline Metropolitan District No. 1, Series 2024A                                                                                                     | CUSIP: 069826AL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1098041.80   | 0.03%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Houston Independent School District                                                   | Houston Independent School District, Limited Tax, Series 2025B                                                                                         | CUSIP: 442403RE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4151257.20   | 0.12%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority, Mount Sinai Obligated Group                                                                                        | CUSIP: 64985SMR1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3136185.00   | 0.09%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fishers Redevelopment Authority                                                       | Fishers Redevelopment Authority, Lease Rental, Geist Park Improvement Project, Series 2024B                                                            | CUSIP: 33803TTU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    865000 | PA      | $933790.42    | 0.03%             | 2037-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority, Covenant Living Communities and Services, Series 2025A                                                           | CUSIP: 19648FZC1<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1115000 | PA      | $1210249.66   | 0.03%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                             | Indiana Finance Authority, State Revolving Fund Program, Series 2025C                                                                                  | CUSIP: 45506ELX9<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1124258.90   | 0.03%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                                      | California Pollution Control Financing Authority, Poseidon Resources Channelside LP Desalination Project                                               | CUSIP: 13054WBB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    770000 | PA      | $806398.36    | 0.02%             | 2036-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Georgia Housing & Finance Authority                                                   | Georgia Housing and Finance Authority, Series 2025C                                                                                                    | CUSIP: 37353PRL5<br>LEI: 549300I628IMF9PWV724 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5623782.00   | 0.16%             | 2055-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                                | California Statewide Communities Development Authority, Loma Linda University Medical Center, Series 2016A                                             | CUSIP: 13080SML5<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   7250000 | PA      | $6602380.70   | 0.19%             | 2056-12-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Saratoga County Capital Resource Corp.                                                | Saratoga County Capital Resource Corp., WSWHE Boces Project                                                                                            | CUSIP: 80349LAK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $750391.81    | 0.02%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Glendale AZ Water & Sewer Revenue                                             | City of Glendale Water and Sewer, Senior Lien                                                                                                          | CUSIP: 378352SP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    470000 | PA      | $496628.51    | 0.01%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                         | State of Ohio, Culture and Sports Facilities Building Fund Projects, Series 2025A                                                                      | CUSIP: 677523LY6<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1334999.25   | 0.04%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Omaha Public Power District                                                           | Omaha Public Power District, Electric System, Series 2016A                                                                                             | CUSIP: 682001EX6<br>LEI: 54930000VJEJ9CGIYG32 | Long             | DBT              | MUN               | US        |     40000 | PA      | $40433.26     | 0.00%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                                 | Louisiana Public Facilities Authority, I-10 Calcasieu River Bridge Public Private Partnership Project                                                  | CUSIP: 546399SX5<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $981601.70    | 0.03%             | 2054-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue               | New York City Transitional Finance Authority, Future Tax Secured, Fiscal Year 2023, Series 2023F, Subseries F-1                                        | CUSIP: 64971X7H5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1080374.88   | 0.03%             | 2051-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Rogers MN                                                                     | City of Rogers, Sales Tax, Series 2024B                                                                                                                | CUSIP: 775252XW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1291446.24   | 0.04%             | 2034-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                                   | Wisconsin Health and Educational Facilities Authority, Ascension Senior Credit Group                                                                   | CUSIP: 97712JMW0<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1590000 | PA      | $1363974.50   | 0.04%             | 2046-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                         | State of Ohio, Culture and Sports Facilities Building Fund Projects, Series 2025A                                                                      | CUSIP: 677523MA7<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1111542.50   | 0.03%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| College Park Housing Authority                                                        | College Park Housing Authority                                                                                                                         | CUSIP: 194307AA2<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   1500000 | PA      | $1515735.30   | 0.04%             | 2044-04-01      | Variable      | 3.45%                 | No            |                  2 | On Loan: No      |
| Lawrenceville Housing Authority                                                       | Lawrenceville Housing Authority, Applewood Towers Project, Series 2024B                                                                                | CUSIP: 520628AR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1615000 | PA      | $1687299.03   | 0.05%             | 2028-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                               | District of Columbia, Income Tax, Series 2019A                                                                                                         | CUSIP: 25477GNZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $108923.49    | 0.00%             | 2029-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority, Series 2024A                                                                                                       | CUSIP: 65000BX86<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1825000 | PA      | $1949627.43   | 0.06%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Jefferson AL Sewer Revenue                                                  | County of Jefferson sewer                                                                                                                              | CUSIP: 472682ZM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2056784.80   | 0.06%             | 2042-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Buncombe NC                                                                 | County of Buncombe, Limited Tax                                                                                                                        | CUSIP: 120525KC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1511796.15   | 0.04%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ventura Unified School District                                                       | Ventura Unified School District, Election of 2022, Series 2022B                                                                                        | CUSIP: 923004UK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $921587.90    | 0.03%             | 2051-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue               | New York City Transitional Finance Authority Future Tax Secured, Series 2018B-1                                                                        | CUSIP: 64971XCW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2495479.25   | 0.07%             | 2042-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Utah Transit Authority                                                                | Utah Transit Authority, Sales Tax                                                                                                                      | CUSIP: 917567JL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1391761.63   | 0.04%             | 2037-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Higher Educational Facility Commission                                           | Ohio Higher Educational Facility Commission, Denison University 2017 Project, Series 2017A                                                             | CUSIP: 67756BC99<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |     75000 | PA      | $75312.91     | 0.00%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Seattle WA Municipal Light & Power Revenue                                    | City of Seattle Municipal Light and Power                                                                                                              | CUSIP: 812643D50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5623768.50   | 0.16%             | 2036-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority, Kahala Nui Project                                                                                                           | CUSIP: 74442PJ55<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    680000 | PA      | $741371.22    | 0.02%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                               | South Carolina Public Service Authority, Series 2025A                                                                                                  | CUSIP: 8371515N5<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1531414.05   | 0.04%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Air Quality Development Authority                                                | Ohio Air Quality Development Authority, Duke Energy Corp., Series 2022B                                                                                | CUSIP: 677525WU7<br>LEI: 549300DZUU80AYOR6M80 | Long             | STIV             | MUN               | US        |   2000000 | PA      | $2037205.80   | 0.06%             | 2030-09-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Housing Finance Agency                                                 | New York State Housing Finance Agency, 160 West 62nd Street Housing, Series 2011A-2                                                                    | CUSIP: 64987JZ38<br>LEI: 5493000LS7KCDB02O506 | Long             | STIV             | MUN               | US        |   1500000 | PA      | $1509310.80   | 0.04%             | 2044-11-01      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority, KSU Bixby Real Estate Foundation LLC Project, Series 2025B                                                                   | CUSIP: 74439YFX4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    275000 | PA      | $293629.08    | 0.01%             | 2035-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                     | State of Illinois                                                                                                                                      | CUSIP: 452151YD9<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5445411.00   | 0.16%             | 2029-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Holland MI                                                                    | City of Holland, Series 2023                                                                                                                           | CUSIP: 435164WX2<br>LEI: 5493006PATL0IAK3G383 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1035023.70   | 0.03%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mida Mountain Village Public Infrastructure District                                  | Mida Mountain Village Public Infrastructure District, Utah Subordinate Tax Allocation, Series 2024-1                                                   | CUSIP: 59561UAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1832142.00   | 0.05%             | 2054-06-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                              | Arizona Industrial Development Authority, Great Lakes Senior Living Communities LLC Project, Series 2025A-2                                            | CUSIP: 04052TDC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $225211.75    | 0.01%             | 2059-01-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| City of Garland TX Electric Utility System Revenue                                    | City of Garland Electric Utility System                                                                                                                | CUSIP: 366133TL0<br>LEI: 549300O5KXJ5HAWVEN53 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012274.70   | 0.03%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp.                                                        | Empire State Development Corp., State Personal Income Tax, General Purpose, Series 2020A                                                               | CUSIP: 650036AN6<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |    500000 | PA      | $443374.40    | 0.01%             | 2045-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                     | City and County of Denver, Airport System, Series 2018A                                                                                                | CUSIP: 249182LN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3380000 | PA      | $2949645.56   | 0.08%             | 2043-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Lee FL Airport Revenue                                                      | County of Lee, Airport, Series 2021A                                                                                                                   | CUSIP: 523470GK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $435490.64    | 0.01%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine Health & Higher Educational Facilities Authority                                | Maine Health and Higher Educational Facilities Authority, Series 2024A                                                                                 | CUSIP: 56042SDE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1214605.38   | 0.03%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Telecommunication Open Infrastructure Agency                                     | Utah Telecommunication Open Infrastructure Agency, Sales Tax and Telecommunications                                                                    | CUSIP: 91756SAN3<br>LEI: 549300LCGT5UXUJ1LP77 | Long             | DBT              | MUN               | US        |    580000 | PA      | $640301.09    | 0.02%             | 2035-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Department of Aviation                                             | City of Atlanta, Georgia Airport, Series 2019B                                                                                                         | CUSIP: 04780MVM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1810000 | PA      | $1910351.47   | 0.05%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Berrien Springs Public Schools                                                        | Berrien Springs Public Schools, School Building and Site, Unlimited Tax                                                                                | CUSIP: 085743KQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $108441.36    | 0.00%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Water & Sewer Authority                                          | District of Columbia, Water and Sewer Authority, Public Utility, Senior Lien, Series B                                                                 | CUSIP: 254845NG1<br>LEI: 549300OT2FIJQJ5PSH71 | Long             | DBT              | MUN               | US        |     65000 | PA      | $65133.08     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Great Lakes Sanitation District/IA                                               | Iowa Great Lakes Sanitation District                                                                                                                   | CUSIP: 462457LJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1145000 | PA      | $1165832.93   | 0.03%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Housing Finance Agency                                           | District of Columbia Housing Finance Agency, Multi Family Housing 2911 Rhode Island Apartments Project, Series 2025A                                   | CUSIP: 25477PQC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3678111.85   | 0.11%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Jersey Transportation Authority                                                 | South Jersey Transportation Authority, Series 2025A                                                                                                    | CUSIP: 838536NR7<br>LEI: 549300W8SZI2CAOKT956 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1607431.60   | 0.05%             | 2039-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Mount Lebanon Hospital Authority                                                      | Mount Lebanon Hospital Authority, St. Clair Memorial Hospital Project                                                                                  | CUSIP: 621820DG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2255000 | PA      | $1865670.42   | 0.05%             | 2048-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Nashville Airport Authority (The)                                        | Metropolitan Nashville Airport Authority (The), Series 2022B                                                                                           | CUSIP: 592190RA2<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |    500000 | PA      | $486444.85    | 0.01%             | 2052-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine Municipal Bond Bank                                                             | Maine Municipal Bond Bank, Series 2025A                                                                                                                | CUSIP: 56045SBE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2075000 | PA      | $2239209.07   | 0.06%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri State Environmental Improvement & Energy Resources Authority                 | Missouri State Environmental Improvement and Energy Resources Authority, Union Improvement Co. Project, Series 1998C                                   | CUSIP: 606907BF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4250000 | PA      | $3843272.88   | 0.11%             | 2033-09-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Casino Reinvestment Development Authority, Inc.                                       | Casino Reinvestment Development Authority, Inc., Luxury Tax, Series 2024A                                                                              | CUSIP: 14760RAZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1847574.00   | 0.05%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Union High School District No. 216 Agua Fria                          | Maricopa County Union High School District No. 216 Agua Fria, Project of 2023 and 2024                                                                 | CUSIP: 567541SH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1374403.50   | 0.04%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Boone KY                                                                    | County of Boone, Duke Energy Kentucky, Inc., Series 2008A                                                                                              | CUSIP: 098792AQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $505472.10    | 0.01%             | 2027-08-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                                   | State of Washington Motor Vehicle Fuel Tax, Series R-2025E                                                                                             | CUSIP: 93974FAX1<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   2980000 | PA      | $3329035.48   | 0.10%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Power Authority                                                              | New York Power Authority, Green Transmission Project, Series 2023A                                                                                     | CUSIP: 65000XBV1<br>LEI: I5P1GEYFGGMMDOFX2L30 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2783517.00   | 0.08%             | 2058-11-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Indiana Municipal Power Agency                                                        | Indiana Municipal Power Agency, Power Supply System, Series 2025A                                                                                      | CUSIP: 454898YF8<br>LEI: AX0ZCCVOQ71Z4RXBL233 | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1216724.96   | 0.03%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Nassau NY                                                                   | County of Nassau, General Improvement, Series 2025A                                                                                                    | CUSIP: 63165T6X8<br>LEI: 549300ICRCGQYCPS7T40 | Long             | DBT              | MUN               | US        |   5780000 | PA      | $5226570.78   | 0.15%             | 2045-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Water Resources Board                                                        | Oklahoma Water Resources Board, State Loan Program, Series 2024B                                                                                       | CUSIP: 67920Q4N5<br>LEI: 5493007CUNXW5UX11C71 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1278154.56   | 0.04%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Dakota Health & Educational Facilities Authority                                | South Dakota Health and Educational Facilities Authority, Sanford                                                                                      | CUSIP: 83755VW67<br>LEI: 549300ZW6LKR8UI2C378 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1261935.12   | 0.04%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Casino Reinvestment Development Authority, Inc.                                       | Casino Reinvestment Development Authority, Inc., Luxury Tax, Series 2024A                                                                              | CUSIP: 14760RAY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003515.20   | 0.03%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Water Resources Board                                                        | Oklahoma Water Resources Board, State Loan Program, Series 2024B                                                                                       | CUSIP: 67920Q4Q8<br>LEI: 5493007CUNXW5UX11C71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1047438.00   | 0.03%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                        | Lower Colorado River Authority, LCRA Transmission Services Corp., Project                                                                              | CUSIP: 54811BS93<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2247179.00   | 0.06%             | 2033-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| River Islands Public Financing Authority                                              | River Islands Public Financing Authority, Facilities District No. 2003, Series 2022A-1                                                                 | CUSIP: 76827QGE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $109089.64    | 0.00%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Buckeye AZ                                                                    | City of Buckeye                                                                                                                                        | CUSIP: 118084CS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1040844.30   | 0.03%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Trinity River Authority                                                               | Trinity River Authority of Texas, Livingston Regional Water Supply System Project, Series 2023                                                         | CUSIP: 896560XT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1216797.57   | 0.03%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village of Wilmette IL                                                                | Village of Wilmette, Series 2020B                                                                                                                      | CUSIP: 971481UJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $144474.02    | 0.00%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp.                                              | Arlington Higher Education Finance Corp., Lifeschool of Dallas, Series 2024                                                                            | CUSIP: 041807LA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $161636.08    | 0.00%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                                    | City of Chicago, Series 2019A                                                                                                                          | CUSIP: 167486E39<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2863751.70   | 0.08%             | 2049-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Massachusetts Water Resources Authority                                               | Massachusetts Water Resources Authority, Green Bond, Series 2016C                                                                                      | CUSIP: 576051PN0<br>LEI: 549300GBS2G3YGHOYO19 | Long             | DBT              | MUN               | US        |   2470000 | PA      | $2357685.40   | 0.07%             | 2040-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Electric Utility Revenue                                            | City of Garland Electric Utility System                                                                                                                | CUSIP: 052414WC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1102909.70   | 0.03%             | 2036-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Cook IL Sales Tax Revenue                                                   | County of Cook, Sales Tax                                                                                                                              | CUSIP: 213248BX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2062868.80   | 0.06%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saratoga County Capital Resource Corp.                                                | Saratoga County Capital Resource Corp., WSWHE Boces Project                                                                                            | CUSIP: 80349LAL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    885000 | PA      | $941572.83    | 0.03%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Sales and Excise Tax Revenue                                | City of Salt Lake City, Sales and Excise Tax, Series 2022A                                                                                             | CUSIP: 79560TFD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $111537.39    | 0.00%             | 2030-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Berkley School District                                                               | Berkley School District, Unlimited Tax                                                                                                                 | CUSIP: 084482DU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $221743.47    | 0.01%             | 2033-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                             | Indiana Finance Authority, CHF- Tippecanoe LLC- Student Housing Project, Series 2023A                                                                  | CUSIP: 45471FAD3<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    400000 | PA      | $406519.44    | 0.01%             | 2038-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                                | Iowa Finance Authority, State Revolving Fund                                                                                                           | CUSIP: 46246K4B5<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |     30000 | PA      | $31498.65     | 0.00%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Georgia Higher Education Facilities Authority                                         | Georgia Higher Education Facilities Authority, USG Real Estate Foundation II LLC Projects                                                              | CUSIP: 373511JC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1425000 | PA      | $1381371.92   | 0.04%             | 2038-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority                                                      | Ohio Water Development Authority, Series 2023A                                                                                                         | CUSIP: 67765QNH5<br>LEI: 549300QMBH1DMY67FZ74 | Long             | DBT              | MUN               | US        |   1540000 | PA      | $1659366.02   | 0.05%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Syracuse Industrial Development Agency                                                | Syracuse Industrial Development Agency, Syracuse City School District Project, Series 2020A                                                            | CUSIP: 871683FH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1290750.46   | 0.04%             | 2036-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Northern Tobacco Securitization Corp.                                                 | Northern Tobacco Securitization Corp., Tobacco Settlement Asset-Backed Senior Capital Appreciation, Series 2021B-1, Class 2                            | CUSIP: 66585VCA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1720000 | PA      | $1608912.94   | 0.05%             | 2050-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                        | Black Belt Energy Gas District, Gas Project, Series 2023B-2                                                                                            | CUSIP: 09182NCT5<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1010000 | PA      | $1089841.31   | 0.03%             | 2053-12-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Weslaco Independent School District                                                   | Weslaco Independent School District, Unlimited Tax, Series 2024                                                                                        | CUSIP: 950885WE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1079479.90   | 0.03%             | 2038-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                             | Maryland Health and Higher Educational Facilities Authority, The Johns Hopkins Health System, Series 2024B                                             | CUSIP: 57421CGC2<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |  25000000 | PA      | $25000000.00  | 0.71%             | 2046-06-01      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| City & County of Honolulu HI                                                          | City and County of Honolulu, Series D                                                                                                                  | CUSIP: 438687BV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $46833.97     | 0.00%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tampa Bay Water                                                                       | Tampa Bay Water, Regional Water Supply Authority, Utility System, Series 2016C                                                                         | CUSIP: 875124GZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $55108.99     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                                 | Pennsylvania Economic Development Financing Authority, Waste Management, Inc., Project                                                                 | CUSIP: 708692BG2<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   7000000 | PA      | $7000770.00   | 0.20%             | 2045-08-01      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| Lewisville Independent School District                                                | Lewisville Independent School District, Unlimited Tax                                                                                                  | CUSIP: 52882PHS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12500000 | PA      | $11872482.50  | 0.34%             | 2041-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                                | Iowa Finance Authority, Midwestern Disaster Area, Iowa Fertilizer Co., Project                                                                         | CUSIP: 46246SAU9<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3402742.80   | 0.10%             | 2050-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Peace River Manasota Regional Water Supply Authority                                  | Peace River Manasota Regional Water Supply Authority, Utility System, Series 2025A                                                                     | CUSIP: 704612GP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5250000 | PA      | $5439392.18   | 0.16%             | 2050-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority, KSU Bixby Real Estate Foundation LLC Project, Series 2025A                                                                   | CUSIP: 74439YFP1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1052034.20   | 0.03%             | 2037-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                                   | City of New York, Fiscal Year 2021, Series 2021-1                                                                                                      | CUSIP: 64966QWD8<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    235000 | PA      | $256100.51    | 0.01%             | 2033-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp.                                                        | Empire State Development Corp., State Sales Tax, Series 2021A                                                                                          | CUSIP: 64985TCT6<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2194735.75   | 0.06%             | 2046-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority, KSU Bixby Real Estate Foundation LLC Project, Series 2025A                                                                   | CUSIP: 74439YFR7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    250000 | PA      | $257753.08    | 0.01%             | 2039-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                             | Indiana Finance Authority, Series 2016C                                                                                                                | CUSIP: 45470RCT1<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     35000 | PA      | $35208.73     | 0.00%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority, Adventist Health System, Series 2021A                                                                            | CUSIP: 19648FSH8<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   5750000 | PA      | $4839387.45   | 0.14%             | 2050-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                         | State of Ohio, Culture and Sports Facilities Building Fund Projects, Series 2025A                                                                      | CUSIP: 677523LZ3<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1364783.50   | 0.04%             | 2029-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Paulding County School District                                                       | Paulding County School District                                                                                                                        | CUSIP: 703600GJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3055000 | PA      | $3378276.13   | 0.10%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Campbell WY                                                                 | County of Campbell, Solid Waste Facilities, Basin Electric Power Co-operative, Dry Fork Station Facilities, Series 2019A                               | CUSIP: 134340AB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13305000 | PA      | $11592476.20  | 0.33%             | 2039-07-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                                    | State of Minnesota, Series 2021A                                                                                                                       | CUSIP: 60412AWW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $963579.80    | 0.03%             | 2041-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Onondaga Civic Development Corp.                                                      | Onondaga Civic Development Corp., Syracuse University Project                                                                                          | CUSIP: 682832LJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1212732.39   | 0.03%             | 2045-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Orlando Utilities Commission                                                          | Orlando Utilities Commission, Series 2024B                                                                                                             | CUSIP: 686507ME1<br>LEI: 549300EJR7JVMRXL5D66 | Long             | DBT              | MUN               | US        |   1215000 | PA      | $1352908.58   | 0.04%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IPS Multi-School Building Corp.                                                       | IPS Multi-School Building Corp., Ad Valorem Property Tax First Mortgage, Series 2024                                                                   | CUSIP: 46263RUC7<br>LEI: 549300BHLK1DUJUYPM91 | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1379787.35   | 0.04%             | 2026-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority, The New School, Series 2025A                                                                                       | CUSIP: 64985SBV4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $851713.90    | 0.02%             | 2050-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Louisville/Jefferson County Metropolitan Government                                   | Louisville and Jefferson County Metropolitan Government, Norton Healthcare, Inc., Series 2016A                                                         | CUSIP: 54659LBU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $63641.00     | 0.00%             | 2036-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of St Mary's MD                                                                | County of St. Mary's, Public Improvement                                                                                                               | CUSIP: 792554YC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $72136.37     | 0.00%             | 2027-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Orange County Health Facilities Authority                                             | Orange County Health Facilities Authority, Orlando Health Obligated Group, Series 2023A                                                                | CUSIP: 68450LHD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $810970.13    | 0.02%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                                 | Pennsylvania Economic Development Financing Authority, Solid Waste Disposal, Republic Services, Inc., Project, Series 2010B                            | CUSIP: 708692BE7<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   1725000 | PA      | $1725632.04   | 0.05%             | 2030-12-01      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority Dedicated Revenue                      | Washington Metropolitan Area Transit Authority Dedicated, Sustainability Climate Transition Bonds, Series 2023A                                        | CUSIP: 93878YDH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1624925.70   | 0.05%             | 2037-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of North Las Vegas NV                                                            | City of North Las Vegas, Water and wastewater Reclamation System Limited Tax, Series 2024B                                                             | CUSIP: 660393X61<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1121079.60   | 0.03%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Energy Authority (The)                                                   | Philadelphia Energy Authority (The), Philadelphia Street Lighting Project, Series 2023A                                                                | CUSIP: 71780UAK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    835000 | PA      | $901148.62    | 0.03%             | 2037-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Marion County School Board                                                            | Marion County School Board                                                                                                                             | CUSIP: 56879EHL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1465000 | PA      | $1524860.05   | 0.04%             | 2044-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Housing Finance Authority                                           | Miami-Dade County Housing Finance Authority, Amber Station, Series 2025A                                                                               | CUSIP: 593344CB8<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   7750000 | PA      | $7805294.70   | 0.22%             | 2044-02-01      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| Jarrell Independent School District                                                   | Jarrell Independent School District, Unlimited Tax, Series 2024                                                                                        | CUSIP: 471146XN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1089343.70   | 0.03%             | 2037-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grand Traverse County Hospital Finance Authority                                      | Grand Traverse County Hospital Finance Authority, Munson Healthcare Obligated Group                                                                    | CUSIP: 386523HX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $178194.73    | 0.01%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Colorado Springs CO Utilities System Revenue                                  | City of Colorado Springs Utilities System                                                                                                              | CUSIP: 1966327S6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5900000 | PA      | $6556470.58   | 0.19%             | 2037-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency, Boston Medical Center Issue, Series 2025W                                                                    | CUSIP: 57585BHN1<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1752928.80   | 0.05%             | 2055-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority, AFCO Airport Real Estate Group, Series 2023                                                                                  | CUSIP: 74442PYW9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    790000 | PA      | $811782.83    | 0.02%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Buncombe NC                                                                 | County of Buncombe, Limited Tax                                                                                                                        | CUSIP: 120525KG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $767603.59    | 0.02%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Union High School District No. 216 Agua Fria                          | Maricopa County Union High School District No. 216 Agua Fria, Project of 2023 and 2024                                                                 | CUSIP: 567541SK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1292049.60   | 0.04%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority, State Personal Income Tax, General Purpose, Series 2021E                                                           | CUSIP: 64990FL44<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $908905.10    | 0.03%             | 2042-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Port of Greater Cincinnati Development Authority                                      | Port of Greater Cincinnati Development Authority, Duke Energy Convention Center Project, Series 2024B                                                  | CUSIP: 734195DW7<br>LEI: 549300IK2RCZBY62ST97 | Long             | DBT              | MUN               | US        |    565000 | PA      | $593226.16    | 0.02%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cobb-Marietta Coliseum & Exhibit Hall Authority                                       | Cobb-Marietta Coliseum and Exhibit Hall Authority, Galleria Center Project                                                                             | CUSIP: 190760JQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2088940.60   | 0.06%             | 2053-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                               | Port Authority of New York and New Jersey, Consolidated, Series 248                                                                                    | CUSIP: 73358XPK2<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1701997.50   | 0.05%             | 2033-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Parish of St. John the Baptist LA                                                     | Parish of St. John the Baptist, Marathon Oil Corp., Project, Series 2017A-1                                                                            | CUSIP: 79020FAW6<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   7500000 | PA      | $7563388.50   | 0.22%             | 2026-07-01      | Variable      | 4.05%                 | No            |                  2 | On Loan: No      |
| Public Power Generation Agency                                                        | Public Power Generation Agency, Whelan Energy Center Unit 2, Series 2024A                                                                              | CUSIP: 744434FA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1890732.55   | 0.05%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority, Lake Forest College, Series 2022A                                                                                          | CUSIP: 45204FQY4<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    235000 | PA      | $248608.12    | 0.01%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                                  | Chicago O'Hare International Airport, General Airport, Senior Lien, Series 2024B                                                                       | CUSIP: 1675935D0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004321.00   | 0.03%             | 2048-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                      | California Health Facilities Financing Authority, Cedars-Sinai Medical Center, Series 2021A                                                            | CUSIP: 13032UB23<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   2420000 | PA      | $2132473.99   | 0.06%             | 2048-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County Square Redevelopment Corp.                                                     | County Square Redevelopment Corp., Greenville South Carolina Project                                                                                   | CUSIP: 22259PBW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1444936.74   | 0.04%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery Independent School District                                                | Montgomery Independent School District, Unlimited Tax, Series 2024A                                                                                    | CUSIP: 614121ZK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2910000 | PA      | $3204598.80   | 0.09%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Mississippi                                                                  | State of Mississippi, Series 2016B                                                                                                                     | CUSIP: 605581HN0<br>LEI: 549300JRWW5RFQUB7P94 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20124.28     | 0.00%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County-Houston Sports Authority                                                | Harris County-Houston Sports Authority, Senior Lien, Series 2024A                                                                                      | CUSIP: 413890GP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3598751.10   | 0.10%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                                   | Idaho Housing and Finance Association, Transportation Expansion and Congestion Mitigation Fund, Series 2022A                                           | CUSIP: 45130AAN5<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    500000 | PA      | $550477.65    | 0.02%             | 2035-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority, Adventist Health System, Series 2024A-1                                                                          | CUSIP: 19648FYN8<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   4750000 | PA      | $5152952.48   | 0.15%             | 2059-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Pflugerville TX                                                               | City of Pflugerville, Combination Tax, Series 2023A                                                                                                    | CUSIP: 717088AW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $854011.70    | 0.02%             | 2053-08-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                     | Southeast Energy Authority A Cooperative District, Series 2025C                                                                                        | CUSIP: 84136HCF8<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   8530000 | PA      | $9084956.68   | 0.26%             | 2055-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Mabank Independent School District                                                    | Mabank Independent School District, Unlimited Tax, Series 2024                                                                                         | CUSIP: 554086NW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $266219.41    | 0.01%             | 2026-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                            | Michigan Finance Authority, Trinity Health Credit Group, Series 2022B                                                                                  | CUSIP: 59447T2Y8<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1062089.90   | 0.03%             | 2043-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Northwest                                                                      | Energy Northwest, Project 1, Series 2025A                                                                                                              | CUSIP: 29270C6Y6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2264398.60   | 0.06%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Water Resources Board                                                        | Oklahoma Water Resources Board, Clean Water Program, Series 2025A                                                                                      | CUSIP: 67919PWW9<br>LEI: 5493007CUNXW5UX11C71 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1242127.08   | 0.04%             | 2045-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Jose Evergreen Community College District                                         | San Jose Evergreen Community College District, Series C                                                                                                | CUSIP: 798189TF3<br>LEI: 5493006H31JIFYW6Z091 | Long             | DBT              | MUN               | US        |   1990000 | PA      | $1900723.63   | 0.05%             | 2043-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Jefferson County Port Authority                                                       | Jefferson County Port Authority, JSW Steel USA Ohio, Inc., Project, Series 2023                                                                        | CUSIP: 473318AB9<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   3795000 | PA      | $3802783.17   | 0.11%             | 2028-12-01      | Variable      | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                                        | Buckeye Tobacco Settlement Financing Authority, Series 2020B-3, Class 2                                                                                | CUSIP: 118217DA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15825000 | PA      | $1384511.84   | 0.04%             | 2057-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| County of Fort Bend TX Toll Road Revenue                                              | County of Fort Bend Toll Road, Senior Lien, Series 2024                                                                                                | CUSIP: 346817EH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1113918.50   | 0.03%             | 2035-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Onondaga Civic Development Corp.                                                      | Onondaga Civic Development Corp., Syracuse University Project                                                                                          | CUSIP: 682832KX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1675000 | PA      | $1920542.27   | 0.05%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-30

**Name of Applicant:** J.P. Morgan Exchange-Traded Fund Trust

**Signature:** Timothy J. Clemens

**Name of Signer:** Timothy J. Clemens

**Title:** Treasurer and Principal Financial Officer