Franklin Minnesota Municipal Income ETF

#	Name	Ticker	Since	Shares	Value	% Port	Cat
1	Putnam Investment Fund.	PGLXX	Feb 2026	11,026,173	$11.0M	5.99%	STIV
2	MINNESOTA ST HIGHER ED FACS AUTH	60416JDA5	Feb 2026	5,100,000	$4.9M	2.65%	DBT
3	MINNEAPOLIS MINN	60374VEV1	Feb 2026	4,510,000	$4.5M	2.47%	DBT
4	MINNESOTA ST	604140XU2	Feb 2026	3,500,000	$4.0M	2.15%	DBT
5	MINNEAPOLIS MINN	603767PE8	Feb 2026	4,512,485	$3.8M	2.06%	DBT
6	WESTERN MINN MUN PWR AGY MINN	958697KL7	Feb 2026	3,500,000	$3.6M	1.93%	DBT
7	MINNESOTA ST	604140XV0	Feb 2026	3,000,000	$3.4M	1.83%	DBT
8	ANOKA-HENNEPIN MINN INDPT SCH DIST NO 11	0363034T9	Feb 2026	4,100,000	$3.3M	1.81%	DBT
9	HENNEPIN CNTY MINN	425507LC2	Feb 2026	3,000,000	$3.3M	1.79%	DBT
10	HENNEPIN (MN), COUNTY OF	425533CN4	Feb 2026	3,000,000	$3.2M	1.74%	DBT
11	SHAKOPEE MINN INDPT SCH DIST NO 720	819190VY2	Feb 2026	3,355,000	$3.0M	1.62%	DBT
12	MINNESOTA ST HIGHER ED FACS AUTH	60416JHN3	Feb 2026	2,750,000	$2.9M	1.57%	DBT
13	MINNESOTA AGRIC & ECONOMIC DEV BRD	6049203E6	Feb 2026	2,500,000	$2.6M	1.41%	DBT
14	ST PAUL MINN HSG & REDEV AUTH	852297DB3	Feb 2026	2,500,000	$2.3M	1.27%	DBT
15	MINNEAPOLIS MINN	60374VDZ3	Feb 2026	2,230,000	$2.3M	1.26%	DBT
16	MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN	603827H74	Feb 2026	2,375,000	$2.3M	1.25%	DBT
17	ST CLOUD MINN	78916VDW7	Feb 2026	2,505,000	$2.3M	1.23%	DBT
18	WAITE PARK MINN	930727P97	Feb 2026	2,095,000	$2.2M	1.20%	DBT
19	MINNESOTA ST HIGHER ED FACS AUTH	60416JJA9	Feb 2026	2,325,000	$2.2M	1.18%	DBT
20	MINNEAPOLIS MINN	60374VEW9	Feb 2026	2,000,000	$2.1M	1.16%	DBT
21	WRIGHT CNTY MINN	982271SC3	Feb 2026	2,050,000	$2.1M	1.12%	DBT
22	MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN	603827H66	Feb 2026	2,000,000	$2.0M	1.11%	DBT
23	DULUTH MINN ECONOMIC DEV AUTH	26444CHA3	Feb 2026	2,000,000	$2.0M	1.11%	DBT
24	REGENTS OF THE UNIVERSITY OF MINNESOTA (MN)	914460PJ3	Feb 2026	2,000,000	$2.0M	1.09%	DBT
25	ROCHESTER MINN	771902HQ9	Feb 2026	2,000,000	$2.0M	1.09%	DBT
26	WADENA MINN	930256AK8	Feb 2026	1,900,000	$2.0M	1.08%	DBT
27	RICE CNTY MINN	762698LA4	Feb 2026	2,000,000	$2.0M	1.07%	DBT
28	SOUTH WASHINGTON CNTY INDPT SCH DIST NO 833 MINN	840610WD7	Feb 2026	2,000,000	$2.0M	1.07%	DBT
29	GIBBON MINN INDPT SCH DIST NO 2365	374627DG9	Feb 2026	1,850,000	$1.9M	1.05%	DBT
30	ROCHESTER MINN INDPT SCH DIST NO 535	771614UK8	Feb 2026	1,805,000	$1.9M	1.04%	DBT
31	SAINT PAUL MINN PORT AUTH DIST	79308GBA4	Feb 2026	1,800,000	$1.9M	1.04%	DBT
32	MINNESOTA ST HIGHER ED FACS AUTH	60416JCY4	Feb 2026	2,000,000	$1.9M	1.04%	DBT
33	MINNESOTA ST HIGHER ED FACS AUTH	60416JHZ6	Feb 2026	1,825,000	$1.9M	1.02%	DBT
34	SOUTHERN MINN MUN PWR AGY	843375F76	Feb 2026	1,815,000	$1.8M	1.00%	DBT
35	WRIGHT CNTY MINN	982271SE9	Feb 2026	1,680,000	$1.7M	0.92%	DBT
36	MINNEAPOLIS MINN SPL SCH DIST NO 1	603790PH3	Feb 2026	1,590,000	$1.6M	0.90%	DBT
37	DAKOTA CNTY MINN CMNTY DEV AGY	23409VFP0	Feb 2026	1,550,000	$1.6M	0.85%	DBT
38	ST CLOUD MINN	78916VEU0	Feb 2026	1,500,000	$1.5M	0.84%	DBT
39	STILLWATER MINN INDPT SCH DIST NO 834	860758TY7	Feb 2026	1,500,000	$1.5M	0.82%	DBT
40	RICHFIELD MINN INDPT SCH DIST NO 280	763342TW2	Feb 2026	1,500,000	$1.5M	0.82%	DBT
41	MOUNDS VIEW MINN	620646AC3	Feb 2026	1,500,000	$1.5M	0.82%	DBT
42	REGENTS OF THE UNIVERSITY OF MINNESOTA (MN)	914460QJ2	Feb 2026	1,460,000	$1.5M	0.81%	DBT
43	MANKATO MINN INDPT SCH DIST NO 77	563690TY2	Feb 2026	1,450,000	$1.5M	0.81%	DBT
44	ROCHESTER MINN	771902HF3	Feb 2026	1,500,000	$1.5M	0.80%	DBT
45	DULUTH MINN INDPT SCH DIST NO 709	264474HM2	Feb 2026	1,390,000	$1.5M	0.79%	DBT
46	REGENTS OF THE UNIVERSITY OF MINNESOTA (MN)	914460QL7	Feb 2026	1,410,000	$1.4M	0.78%	DBT
47	BAYTOWN TWP MINN	073225AX2	Feb 2026	1,550,000	$1.4M	0.77%	DBT
48	MINNESOTA ST HIGHER ED FACS AUTH	60416JCX6	Feb 2026	1,500,000	$1.4M	0.75%	DBT
49	DULUTH MINN INDPT SCH DIST NO 709	264474JH1	Feb 2026	1,355,000	$1.4M	0.75%	DBT
50	WARREN / ALVARADO / OSLO MINN INDPT SCH DIST NO 2176	934664CD3	Feb 2026	1,300,000	$1.3M	0.71%	DBT
51	GUAM GOVT	40065NCR6	Feb 2026	1,300,000	$1.3M	0.70%	DBT
52	WINONA MINN INDPT SCH DIST NO 861	975237GM4	Feb 2026	1,075,000	$1.1M	0.62%	DBT
53	MINNESOTA ST HIGHER ED FACS AUTH	60416JHF0	Feb 2026	1,010,000	$1.1M	0.62%	DBT
54	WARREN / ALVARADO / OSLO MINN INDPT SCH DIST NO 2176	934664CE1	Feb 2026	1,120,000	$1.1M	0.61%	DBT
55	GRAYS HARBOR COUNTY PUBLIC UTILITY DISTRICT N.1 (WA)	389526AG9	Feb 2026	1,000,000	$1.1M	0.61%	DBT
56	MINNESOTA ST HIGHER ED FACS AUTH	60416JCC2	Feb 2026	1,000,000	$1.1M	0.57%	DBT
57	SAINT PAUL MINN PORT AUTH DIST	79308GAP2	Feb 2026	1,000,000	$1.0M	0.56%	DBT
58	MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN	603827M86	Feb 2026	900,000	$1.0M	0.56%	DBT
59	GUAM GOVT WTRWKS AUTH	40065FDF8	Feb 2026	1,000,000	$1.0M	0.55%	DBT
60	MINNESOTA ST HSG FIN AGY	60416S2F6	Feb 2026	1,000,000	$1.0M	0.55%	DBT
61	DULUTH MINN ECONOMIC DEV AUTH	26444CHF2	Feb 2026	1,000,000	$1.0M	0.55%	DBT
62	ST PAUL MINN HSG & REDEV AUTH	792909FJ7	Feb 2026	1,000,000	$1.0M	0.55%	DBT
63	WRIGHT CNTY MINN	982276AV9	Feb 2026	1,050,000	$1.0M	0.55%	DBT
64	ST PAUL MINN HSG & REDEV AUTH	792909FK4	Feb 2026	1,000,000	$1.0M	0.55%	DBT
65	ST PAUL MINN HSG & REDEV AUTH	852297EH9	Feb 2026	1,000,000	$1.0M	0.54%	DBT
66	MAPLE GROVE MINN HEALTH CARE FACS	56516TBU8	Feb 2026	1,000,000	$1.0M	0.54%	DBT
67	MINNESOTA ST HIGHER ED FACS AUTH	60416HX82	Feb 2026	1,000,000	$1.0M	0.54%	DBT
68	DULUTH MINN	264439HX1	Feb 2026	960,000	$957K	0.52%	DBT
69	MINNESOTA ST HIGHER ED FACS AUTH	60416H6L3	Feb 2026	1,000,000	$954K	0.52%	DBT
70	MINNESOTA ST HIGHER ED FACS AUTH	60416H3Z5	Feb 2026	1,000,000	$929K	0.50%	DBT
71	MINNESOTA ST HIGHER ED FACS AUTH	60416JBF6	Feb 2026	920,000	$921K	0.50%	DBT
72	MINNESOTA ST HIGHER ED FACS AUTH	60416HX90	Feb 2026	1,000,000	$907K	0.49%	DBT
73	HASTINGS MINN INDPT SCH DIST NO 200	418542PR1	Feb 2026	1,000,000	$888K	0.48%	DBT
74	MAPLE GROVE MINN HEALTH CARE FACS	56516TBP9	Feb 2026	850,000	$865K	0.47%	DBT
75	AURORA MINN INDPT SCH DIST NO 2711	051820FF0	Feb 2026	940,000	$850K	0.46%	DBT
76	MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN	603827YX8	Feb 2026	825,000	$841K	0.46%	DBT
77	MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN	603827YY6	Feb 2026	825,000	$840K	0.46%	DBT
78	DULUTH MINN ECONOMIC DEV AUTH	26444VAH3	Feb 2026	930,000	$835K	0.45%	DBT
79	CENTRAL MINN MUN PWR AGY	154136AY1	Feb 2026	780,000	$783K	0.43%	DBT
80	BETHEL MINN	086759AL1	Feb 2026	895,000	$783K	0.43%	DBT
81	MINNESOTA ST HIGHER ED FACS AUTH	60416JGV6	Feb 2026	750,000	$743K	0.40%	DBT
82	BLOOMINGTON MINN	0947808M8	Feb 2026	745,000	$742K	0.40%	DBT
83	DULUTH MINN ECONOMIC DEV AUTH	26444CJN3	Feb 2026	825,000	$719K	0.39%	DBT
84	ST PAUL MINN HSG & REDEV AUTH DIST	85236DAN8	Feb 2026	650,000	$660K	0.36%	DBT
85	MOUNTAIN LAKE MINN	624165FQ4	Feb 2026	650,000	$658K	0.36%	DBT
86	WARREN / ALVARADO / OSLO MINN INDPT SCH DIST NO 2176	934664CA9	Feb 2026	625,000	$632K	0.34%	DBT
87	RAMSEY MINN	751814AA2	Feb 2026	600,000	$611K	0.33%	DBT
88	MINNESOTA ST HIGHER ED FACS AUTH	60416JGU8	Feb 2026	600,000	$607K	0.33%	DBT
89	ROCHESTER MINN	771902HE6	Feb 2026	500,000	$602K	0.33%	DBT
90	ST PAUL MINN PORT AUTH	79304NFW1	Feb 2026	600,000	$601K	0.33%	DBT
91	RAMSEY CNTY MINN	751622XA4	Feb 2026	580,000	$583K	0.32%	DBT
92	MINNESOTA ST HIGHER ED FACS AUTH	60416JBG4	Feb 2026	580,000	$575K	0.31%	DBT
93	MINNESOTA ST HIGHER ED FACS AUTH	60416JHD5	Feb 2026	500,000	$571K	0.31%	DBT
94	NORTHERN MUN PWR AGY MINN	665444LS2	Feb 2026	515,000	$548K	0.30%	DBT
95	MOUNTAIN LAKE MINN	624165FP6	Feb 2026	535,000	$544K	0.30%	DBT
96	MINNESOTA ST HIGHER ED FACS AUTH	60416JHE3	Feb 2026	475,000	$539K	0.29%	DBT
97	MINNEAPOLIS & ST PAUL MINN HSG & REDEV AUTH	603695KF3	Feb 2026	500,000	$533K	0.29%	DBT
98	MINNESOTA ST HIGHER ED FACS AUTH	60416H2R4	Feb 2026	750,000	$531K	0.29%	DBT
99	WADENA MINN	930256AJ1	Feb 2026	455,000	$530K	0.29%	DBT
100	SARTELL INDEPENDENT SCHOOL DISTRICT N.748 (MN)	803820LC1	Feb 2026	700,000	$523K	0.28%	DBT
101	INDEPENDENCE MINN	45362RAL1	Feb 2026	650,000	$512K	0.28%	DBT
102	MAPLE GROVE MINN HEALTH CARE FACS	56516TBQ7	Feb 2026	500,000	$508K	0.28%	DBT
103	MAPLE GROVE MINN HEALTH CARE FACS	56516TBR5	Feb 2026	500,000	$508K	0.28%	DBT
104	OAKDALE MINN	67208TAD7	Feb 2026	500,000	$506K	0.28%	DBT
105	MINNESOTA ST HIGHER ED FACS AUTH	60416H3P7	Feb 2026	500,000	$503K	0.27%	DBT
106	MINNEAPOLIS MINN	60374VED1	Feb 2026	500,000	$502K	0.27%	DBT
107	ST PAUL MINN HSG & REDEV AUTH	852297EE6	Feb 2026	500,000	$501K	0.27%	DBT
108	PUERTO RICO COMWLTH	74514L3M7	Feb 2026	500,000	$501K	0.27%	DBT
109	DEEPHAVEN MINN	24380HAR3	Feb 2026	500,000	$500K	0.27%	DBT
110	ST PAUL MINN HSG & REDEV AUTH	852297BH2	Feb 2026	500,000	$500K	0.27%	DBT
111	MOORHEAD MINN EDL FACS	61615DBT6	Feb 2026	500,000	$500K	0.27%	DBT
112	MINNESOTA ST HIGHER ED FACS AUTH	60416JEH9	Feb 2026	475,000	$496K	0.27%	DBT
113	MINNEAPOLIS MINN	60379NCL8	Feb 2026	500,000	$468K	0.25%	DBT
114	MINNESOTA ST HSG FIN AGY	60416URN7	Feb 2026	445,000	$452K	0.25%	DBT
115	ST PAUL MINN HSG & REDEV AUTH	852297BX7	Feb 2026	450,000	$445K	0.24%	DBT
116	WADENA MINN	930256AF9	Feb 2026	395,000	$441K	0.24%	DBT
117	WADENA MINN	930256AH5	Feb 2026	385,000	$440K	0.24%	DBT
118	HAM LAKE MINN	406511AC9	Feb 2026	500,000	$435K	0.24%	DBT
119	MINNESOTA ST HIGHER ED FACS AUTH	60416JEP1	Feb 2026	425,000	$432K	0.23%	DBT
120	ST PAUL MINN HSG & REDEV AUTH	852297EG1	Feb 2026	425,000	$425K	0.23%	DBT
121	ST PAUL MINN HSG & REDEV AUTH	852297AL4	Feb 2026	420,000	$420K	0.23%	DBT
122	WADENA MINN	930256AG7	Feb 2026	365,000	$413K	0.22%	DBT
123	MINNESOTA ST HIGHER ED FACS AUTH	60416JEL0	Feb 2026	420,000	$410K	0.22%	DBT
124	MINNESOTA ST HIGHER ED FACS AUTH	60416JAR1	Feb 2026	410,000	$408K	0.22%	DBT
125	MINNESOTA ST HIGHER ED FACS AUTH	60416H8E7	Feb 2026	400,000	$407K	0.22%	DBT
126	MINNESOTA ST HIGHER ED FACS AUTH	60416H8D9	Feb 2026	400,000	$406K	0.22%	DBT
127	CHISHOLM MINN INDPT SCH DIST	170142FQ1	Feb 2026	525,000	$401K	0.22%	DBT
128	DULUTH MINN ECONOMIC DEV AUTH	26444CKE1	Feb 2026	375,000	$390K	0.21%	DBT
129	DULUTH MINN INDPT SCH DIST NO 709	264474HL4	Feb 2026	370,000	$379K	0.21%	DBT
130	CENTRAL MINN MUN PWR AGY	154136AZ8	Feb 2026	375,000	$375K	0.20%	DBT
131	LAKE CRYSTAL (MN), CITY OF	509539CD2	Feb 2026	350,000	$359K	0.19%	DBT
132	GUAM GOVT	40065BCQ4	Feb 2026	335,000	$356K	0.19%	DBT
133	CENTRAL MINN MUN PWR AGY	154136BD6	Feb 2026	340,000	$346K	0.19%	DBT
134	COLOGNE MINN	195239AJ7	Feb 2026	345,000	$345K	0.19%	DBT
135	MINNESOTA ST HIGHER ED FACS AUTH	60416JDV9	Feb 2026	360,000	$336K	0.18%	DBT
136	MOUNTAIN LAKE MINN	624165FH4	Feb 2026	300,000	$332K	0.18%	DBT
137	LAKE CRYSTAL (MN), CITY OF	509539CC4	Feb 2026	310,000	$320K	0.17%	DBT
138	APPLE VALLEY MINN	03800RBG0	Feb 2026	400,000	$307K	0.17%	DBT
139	MINNESOTA ST HIGHER ED FACS AUTH	60416JBJ8	Feb 2026	300,000	$300K	0.16%	DBT
140	CENTRAL MINN MUN PWR AGY	154136BA2	Feb 2026	300,000	$300K	0.16%	DBT
141	CENTRAL MINN MUN PWR AGY	154136BB0	Feb 2026	300,000	$297K	0.16%	DBT
142	BAYTOWN TWP MINN	073225AW4	Feb 2026	300,000	$290K	0.16%	DBT
143	MINNESOTA ST HIGHER ED FACS AUTH	60416JDW7	Feb 2026	325,000	$284K	0.15%	DBT
144	NORTHERN MUN PWR AGY MINN	665444LQ6	Feb 2026	250,000	$268K	0.15%	DBT
145	NEW JERSEY ECONOMIC DEV AUTH	6459182D4	Feb 2026	260,000	$260K	0.14%	DBT
146	HAM LAKE MINN	406511AN5	Feb 2026	250,000	$251K	0.14%	DBT
147	WARREN CNTY OHIO	93515PCS4	Feb 2026	250,000	$251K	0.14%	DBT
148	MINNESOTA ST MUN PWR AGY	60412PDX5	Feb 2026	250,000	$250K	0.14%	DBT
149	FOREST LAKE MINN	345856AH1	Feb 2026	250,000	$250K	0.14%	DBT
150	MINNEAPOLIS MINN	60374VDV2	Feb 2026	250,000	$250K	0.14%	DBT
151	DULUTH MINN ECONOMIC DEV AUTH	26444VAG5	Feb 2026	250,000	$241K	0.13%	DBT
152	NORTHERN MUN PWR AGY MINN	665444KV6	Feb 2026	235,000	$240K	0.13%	DBT
153	DULUTH MINN ECONOMIC DEV AUTH	26444CKF8	Feb 2026	225,000	$233K	0.13%	DBT
154	MINNESOTA ST HIGHER ED FACS AUTH	60416JEN6	Feb 2026	245,000	$232K	0.13%	DBT
155	NORTHERN MUN PWR AGY MINN	665444KU8	Feb 2026	215,000	$220K	0.12%	DBT
156	MOUNTAIN LAKE MINN	624165FM3	Feb 2026	200,000	$215K	0.12%	DBT
157	NORTHERN MUN PWR AGY MINN	665444KW4	Feb 2026	210,000	$215K	0.12%	DBT
158	MOUNTAIN LAKE MINN	624165FN1	Feb 2026	200,000	$208K	0.11%	DBT
159	NORTHERN MUN PWR AGY MINN	665444KT1	Feb 2026	200,000	$205K	0.11%	DBT
160	MINNESOTA ST OFFICE OF HIGHER ED	60416MBL6	Feb 2026	200,000	$202K	0.11%	DBT
161	BLOOMINGTON MINN	0947808L0	Feb 2026	200,000	$201K	0.11%	DBT
162	NORTHERN MUN PWR AGY MINN	665444KY0	Feb 2026	180,000	$184K	0.10%	DBT
163	MINNESOTA ST HIGHER ED FACS AUTH	60416JEJ5	Feb 2026	175,000	$182K	0.10%	DBT
164	MINNESOTA ST HIGHER ED FACS AUTH	60416JEK2	Feb 2026	170,000	$176K	0.10%	DBT
165	MOUNTAIN LAKE MINN	624165FL5	Feb 2026	160,000	$174K	0.09%	DBT
166	NORTHERN MUN PWR AGY MINN	665444KX2	Feb 2026	170,000	$174K	0.09%	DBT
167	MINNESOTA ST HSG FIN AGY	60416URL1	Feb 2026	165,000	$170K	0.09%	DBT
168	MINNESOTA ST HSG FIN AGY	60416QGY4	Feb 2026	132,870	$118K	0.06%	DBT
169	MINNESOTA ST HSG FIN AGY	60416URM9	Feb 2026	100,000	$102K	0.06%	DBT
170	MINNEAPOLIS MINN	603786JJ4	Feb 2026	100,000	$100K	0.05%	DBT
171	MINNEAPOLIS MINN	603786JN5	Feb 2026	100,000	$100K	0.05%	DBT
172	MINNESOTA ST HIGHER ED FACS AUTH	60416HY99	Feb 2026	85,000	$86K	0.05%	DBT
173	ST PAUL MINN HSG & REDEV AUTH	852297DL1	Feb 2026	80,000	$79K	0.04%	DBT
174	FOREST LAKE MINN	345856AE8	Feb 2026	75,000	$75K	0.04%	DBT
175	MINNESOTA ST HSG FIN AGY	60416QFU3	Feb 2026	75,422	$67K	0.04%	DBT

1

Putnam Investment Fund.

PGLXX

Feb 2026

11,026,173

$11.0M

5.99%

STIV

2

MINNESOTA ST HIGHER ED FACS AUTH

60416JDA5

Feb 2026

5,100,000

$4.9M

2.65%

DBT

3

MINNEAPOLIS MINN

60374VEV1

Feb 2026

4,510,000

$4.5M

2.47%

DBT

4

MINNESOTA ST

604140XU2

Feb 2026

3,500,000

$4.0M

2.15%

DBT

5

MINNEAPOLIS MINN

603767PE8

Feb 2026

4,512,485

$3.8M

2.06%

DBT

6

WESTERN MINN MUN PWR AGY MINN

958697KL7

Feb 2026

3,500,000

$3.6M

1.93%

DBT

7

MINNESOTA ST

604140XV0

Feb 2026

3,000,000

$3.4M

1.83%

DBT

8

ANOKA-HENNEPIN MINN INDPT SCH DIST NO 11

0363034T9

Feb 2026

4,100,000

$3.3M

1.81%

DBT

9

HENNEPIN CNTY MINN

425507LC2

Feb 2026

3,000,000

$3.3M

1.79%

DBT

10

HENNEPIN (MN), COUNTY OF

425533CN4

Feb 2026

3,000,000

$3.2M

1.74%

DBT

11

SHAKOPEE MINN INDPT SCH DIST NO 720

819190VY2

Feb 2026

3,355,000

$3.0M

1.62%

DBT

12

MINNESOTA ST HIGHER ED FACS AUTH

60416JHN3

Feb 2026

2,750,000

$2.9M

1.57%

DBT

13

MINNESOTA AGRIC & ECONOMIC DEV BRD

6049203E6

Feb 2026

2,500,000

$2.6M

1.41%

DBT

14

ST PAUL MINN HSG & REDEV AUTH

852297DB3

Feb 2026

2,500,000

$2.3M

1.27%

DBT

15

MINNEAPOLIS MINN

60374VDZ3

Feb 2026

2,230,000

$2.3M

1.26%

DBT

16

MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN

603827H74

Feb 2026

2,375,000

$2.3M

1.25%

DBT

17

ST CLOUD MINN

78916VDW7

Feb 2026

2,505,000

$2.3M

1.23%

DBT

18

WAITE PARK MINN

930727P97

Feb 2026

2,095,000

$2.2M

1.20%

DBT

19

MINNESOTA ST HIGHER ED FACS AUTH

60416JJA9

Feb 2026

2,325,000

$2.2M

1.18%

DBT

20

MINNEAPOLIS MINN

60374VEW9

Feb 2026

2,000,000

$2.1M

1.16%

DBT

21

WRIGHT CNTY MINN

982271SC3

Feb 2026

2,050,000

$2.1M

1.12%

DBT

22

MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN

603827H66

Feb 2026

2,000,000

$2.0M

1.11%

DBT

23

DULUTH MINN ECONOMIC DEV AUTH

26444CHA3

Feb 2026

2,000,000

$2.0M

1.11%

DBT

24

REGENTS OF THE UNIVERSITY OF MINNESOTA (MN)

914460PJ3

Feb 2026

2,000,000

$2.0M

1.09%

DBT

25

ROCHESTER MINN

771902HQ9

Feb 2026

2,000,000

$2.0M

1.09%

DBT

26

WADENA MINN

930256AK8

Feb 2026

1,900,000

$2.0M

1.08%

DBT

27

RICE CNTY MINN

762698LA4

Feb 2026

2,000,000

$2.0M

1.07%

DBT

28

SOUTH WASHINGTON CNTY INDPT SCH DIST NO 833 MINN

840610WD7

Feb 2026

2,000,000

$2.0M

1.07%

DBT

29

GIBBON MINN INDPT SCH DIST NO 2365

374627DG9

Feb 2026

1,850,000

$1.9M

1.05%

DBT

30

ROCHESTER MINN INDPT SCH DIST NO 535

771614UK8

Feb 2026

1,805,000

$1.9M

1.04%

DBT

31

SAINT PAUL MINN PORT AUTH DIST

79308GBA4

Feb 2026

1,800,000

$1.9M

1.04%

DBT

32

MINNESOTA ST HIGHER ED FACS AUTH

60416JCY4

Feb 2026

2,000,000

$1.9M

1.04%

DBT

33

MINNESOTA ST HIGHER ED FACS AUTH

60416JHZ6

Feb 2026

1,825,000

$1.9M

1.02%

DBT

34

SOUTHERN MINN MUN PWR AGY

843375F76

Feb 2026

1,815,000

$1.8M

1.00%

DBT

35

WRIGHT CNTY MINN

982271SE9

Feb 2026

1,680,000

$1.7M

0.92%

DBT

36

MINNEAPOLIS MINN SPL SCH DIST NO 1

603790PH3

Feb 2026

1,590,000

$1.6M

0.90%

DBT

37

DAKOTA CNTY MINN CMNTY DEV AGY

23409VFP0

Feb 2026

1,550,000

$1.6M

0.85%

DBT

38

ST CLOUD MINN

78916VEU0

Feb 2026

1,500,000

$1.5M

0.84%

DBT

39

STILLWATER MINN INDPT SCH DIST NO 834

860758TY7

Feb 2026

1,500,000

$1.5M

0.82%

DBT

40

RICHFIELD MINN INDPT SCH DIST NO 280

763342TW2

Feb 2026

1,500,000

$1.5M

0.82%

DBT

41

MOUNDS VIEW MINN

620646AC3

Feb 2026

1,500,000

$1.5M

0.82%

DBT

42

REGENTS OF THE UNIVERSITY OF MINNESOTA (MN)

914460QJ2

Feb 2026

1,460,000

$1.5M

0.81%

DBT

43

MANKATO MINN INDPT SCH DIST NO 77

563690TY2

Feb 2026

1,450,000

$1.5M

0.81%

DBT

44

ROCHESTER MINN

771902HF3

Feb 2026

1,500,000

$1.5M

0.80%

DBT

45

DULUTH MINN INDPT SCH DIST NO 709

264474HM2

Feb 2026

1,390,000

$1.5M

0.79%

DBT

46

REGENTS OF THE UNIVERSITY OF MINNESOTA (MN)

914460QL7

Feb 2026

1,410,000

$1.4M

0.78%

DBT

47

BAYTOWN TWP MINN

073225AX2

Feb 2026

1,550,000

$1.4M

0.77%

DBT

48

MINNESOTA ST HIGHER ED FACS AUTH

60416JCX6

Feb 2026

1,500,000

$1.4M

0.75%

DBT

49

DULUTH MINN INDPT SCH DIST NO 709

264474JH1

Feb 2026

1,355,000

$1.4M

0.75%

DBT

50

WARREN / ALVARADO / OSLO MINN INDPT SCH DIST NO 2176

934664CD3

Feb 2026

1,300,000

$1.3M

0.71%

DBT

51

GUAM GOVT

40065NCR6

Feb 2026

1,300,000

$1.3M

0.70%

DBT

52

WINONA MINN INDPT SCH DIST NO 861

975237GM4

Feb 2026

1,075,000

$1.1M

0.62%

DBT

53

MINNESOTA ST HIGHER ED FACS AUTH

60416JHF0

Feb 2026

1,010,000

$1.1M

0.62%

DBT

54

WARREN / ALVARADO / OSLO MINN INDPT SCH DIST NO 2176

934664CE1

Feb 2026

1,120,000

$1.1M

0.61%

DBT

55

GRAYS HARBOR COUNTY PUBLIC UTILITY DISTRICT N.1 (WA)

389526AG9

Feb 2026

1,000,000

$1.1M

0.61%

DBT

56

MINNESOTA ST HIGHER ED FACS AUTH

60416JCC2

Feb 2026

1,000,000

$1.1M

0.57%

DBT

57

SAINT PAUL MINN PORT AUTH DIST

79308GAP2

Feb 2026

1,000,000

$1.0M

0.56%

DBT

58

MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN

603827M86

Feb 2026

900,000

$1.0M

0.56%

DBT

59

GUAM GOVT WTRWKS AUTH

40065FDF8

Feb 2026

1,000,000

$1.0M

0.55%

DBT

60

MINNESOTA ST HSG FIN AGY

60416S2F6

Feb 2026

1,000,000

$1.0M

0.55%

DBT

61

DULUTH MINN ECONOMIC DEV AUTH

26444CHF2

Feb 2026

1,000,000

$1.0M

0.55%

DBT

62

ST PAUL MINN HSG & REDEV AUTH

792909FJ7

Feb 2026

1,000,000

$1.0M

0.55%

DBT

63

WRIGHT CNTY MINN

982276AV9

Feb 2026

1,050,000

$1.0M

0.55%

DBT

64

ST PAUL MINN HSG & REDEV AUTH

792909FK4

Feb 2026

1,000,000

$1.0M

0.55%

DBT

65

ST PAUL MINN HSG & REDEV AUTH

852297EH9

Feb 2026

1,000,000

$1.0M

0.54%

DBT

66

MAPLE GROVE MINN HEALTH CARE FACS

56516TBU8

Feb 2026

1,000,000

$1.0M

0.54%

DBT

67

MINNESOTA ST HIGHER ED FACS AUTH

60416HX82

Feb 2026

1,000,000

$1.0M

0.54%

DBT

68

DULUTH MINN

264439HX1

Feb 2026

960,000

$957K

0.52%

DBT

69

MINNESOTA ST HIGHER ED FACS AUTH

60416H6L3

Feb 2026

1,000,000

$954K

0.52%

DBT

70

MINNESOTA ST HIGHER ED FACS AUTH

60416H3Z5

Feb 2026

1,000,000

$929K

0.50%

DBT

71

MINNESOTA ST HIGHER ED FACS AUTH

60416JBF6

Feb 2026

920,000

$921K

0.50%

DBT

72

MINNESOTA ST HIGHER ED FACS AUTH

60416HX90

Feb 2026

1,000,000

$907K

0.49%

DBT

73

HASTINGS MINN INDPT SCH DIST NO 200

418542PR1

Feb 2026

1,000,000

$888K

0.48%

DBT

74

MAPLE GROVE MINN HEALTH CARE FACS

56516TBP9

Feb 2026

850,000

$865K

0.47%

DBT

75

AURORA MINN INDPT SCH DIST NO 2711

051820FF0

Feb 2026

940,000

$850K

0.46%

DBT

76

MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN

603827YX8

Feb 2026

825,000

$841K

0.46%

DBT

77

MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN

603827YY6

Feb 2026

825,000

$840K

0.46%

DBT

78

DULUTH MINN ECONOMIC DEV AUTH

26444VAH3

Feb 2026

930,000

$835K

0.45%

DBT

79

CENTRAL MINN MUN PWR AGY

154136AY1

Feb 2026

780,000

$783K

0.43%

DBT

80

BETHEL MINN

086759AL1

Feb 2026

895,000

$783K

0.43%

DBT

81

MINNESOTA ST HIGHER ED FACS AUTH

60416JGV6

Feb 2026

750,000

$743K

0.40%

DBT

82

BLOOMINGTON MINN

0947808M8

Feb 2026

745,000

$742K

0.40%

DBT

83

DULUTH MINN ECONOMIC DEV AUTH

26444CJN3

Feb 2026

825,000

$719K

0.39%

DBT

84

ST PAUL MINN HSG & REDEV AUTH DIST

85236DAN8

Feb 2026

650,000

$660K

0.36%

DBT

85

MOUNTAIN LAKE MINN

624165FQ4

Feb 2026

650,000

$658K

0.36%

DBT

86

WARREN / ALVARADO / OSLO MINN INDPT SCH DIST NO 2176

934664CA9

Feb 2026

625,000

$632K

0.34%

DBT

87

RAMSEY MINN

751814AA2

Feb 2026

600,000

$611K

0.33%

DBT

88

MINNESOTA ST HIGHER ED FACS AUTH

60416JGU8

Feb 2026

600,000

$607K

0.33%

DBT

89

ROCHESTER MINN

771902HE6

Feb 2026

500,000

$602K

0.33%

DBT

90

ST PAUL MINN PORT AUTH

79304NFW1

Feb 2026

600,000

$601K

0.33%

DBT

91

RAMSEY CNTY MINN

751622XA4

Feb 2026

580,000

$583K

0.32%

DBT

92

MINNESOTA ST HIGHER ED FACS AUTH

60416JBG4

Feb 2026

580,000

$575K

0.31%

DBT

93

MINNESOTA ST HIGHER ED FACS AUTH

60416JHD5

Feb 2026

500,000

$571K

0.31%

DBT

94

NORTHERN MUN PWR AGY MINN

665444LS2

Feb 2026

515,000

$548K

0.30%

DBT

95

MOUNTAIN LAKE MINN

624165FP6

Feb 2026

535,000

$544K

0.30%

DBT

96

MINNESOTA ST HIGHER ED FACS AUTH

60416JHE3

Feb 2026

475,000

$539K

0.29%

DBT

97

MINNEAPOLIS & ST PAUL MINN HSG & REDEV AUTH

603695KF3

Feb 2026

500,000

$533K

0.29%

DBT

98

MINNESOTA ST HIGHER ED FACS AUTH

60416H2R4

Feb 2026

750,000

$531K

0.29%

DBT

99

WADENA MINN

930256AJ1

Feb 2026

455,000

$530K

0.29%

DBT

100

SARTELL INDEPENDENT SCHOOL DISTRICT N.748 (MN)

803820LC1

Feb 2026

700,000

$523K

0.28%

DBT

101

INDEPENDENCE MINN

45362RAL1

Feb 2026

650,000

$512K

0.28%

DBT

102

MAPLE GROVE MINN HEALTH CARE FACS

56516TBQ7

Feb 2026

500,000

$508K

0.28%

DBT

103

MAPLE GROVE MINN HEALTH CARE FACS

56516TBR5

Feb 2026

500,000

$508K

0.28%

DBT

104

OAKDALE MINN

67208TAD7

Feb 2026

500,000

$506K

0.28%

DBT

105

MINNESOTA ST HIGHER ED FACS AUTH

60416H3P7

Feb 2026

500,000

$503K

0.27%

DBT

106

MINNEAPOLIS MINN

60374VED1

Feb 2026

500,000

$502K

0.27%

DBT

107

ST PAUL MINN HSG & REDEV AUTH

852297EE6

Feb 2026

500,000

$501K

0.27%

DBT

108

PUERTO RICO COMWLTH

74514L3M7

Feb 2026

500,000

$501K

0.27%

DBT

109

DEEPHAVEN MINN

24380HAR3

Feb 2026

500,000

$500K

0.27%

DBT

110

ST PAUL MINN HSG & REDEV AUTH

852297BH2

Feb 2026

500,000

$500K

0.27%

DBT

111

MOORHEAD MINN EDL FACS

61615DBT6

Feb 2026

500,000

$500K

0.27%

DBT

112

MINNESOTA ST HIGHER ED FACS AUTH

60416JEH9

Feb 2026

475,000

$496K

0.27%

DBT

113

MINNEAPOLIS MINN

60379NCL8

Feb 2026

500,000

$468K

0.25%

DBT

114

MINNESOTA ST HSG FIN AGY

60416URN7

Feb 2026

445,000

$452K

0.25%

DBT

115

ST PAUL MINN HSG & REDEV AUTH

852297BX7

Feb 2026

450,000

$445K

0.24%

DBT

116

WADENA MINN

930256AF9

Feb 2026

395,000

$441K

0.24%

DBT

117

WADENA MINN

930256AH5

Feb 2026

385,000

$440K

0.24%

DBT

118

HAM LAKE MINN

406511AC9

Feb 2026

500,000

$435K

0.24%

DBT

119

MINNESOTA ST HIGHER ED FACS AUTH

60416JEP1

Feb 2026

425,000

$432K

0.23%

DBT

120

ST PAUL MINN HSG & REDEV AUTH

852297EG1

Feb 2026

425,000

$425K

0.23%

DBT

121

ST PAUL MINN HSG & REDEV AUTH

852297AL4

Feb 2026

420,000

$420K

0.23%

DBT

122

WADENA MINN

930256AG7

Feb 2026

365,000

$413K

0.22%

DBT

123

MINNESOTA ST HIGHER ED FACS AUTH

60416JEL0

Feb 2026

420,000

$410K

0.22%

DBT

124

MINNESOTA ST HIGHER ED FACS AUTH

60416JAR1

Feb 2026

410,000

$408K

0.22%

DBT

125

MINNESOTA ST HIGHER ED FACS AUTH

60416H8E7

Feb 2026

400,000

$407K

0.22%

DBT

126

MINNESOTA ST HIGHER ED FACS AUTH

60416H8D9

Feb 2026

400,000

$406K

0.22%

DBT

127

CHISHOLM MINN INDPT SCH DIST

170142FQ1

Feb 2026

525,000

$401K

0.22%

DBT

128

DULUTH MINN ECONOMIC DEV AUTH

26444CKE1

Feb 2026

375,000

$390K

0.21%

DBT

129

DULUTH MINN INDPT SCH DIST NO 709

264474HL4

Feb 2026

370,000

$379K

0.21%

DBT

130

CENTRAL MINN MUN PWR AGY

154136AZ8

Feb 2026

375,000

$375K

0.20%

DBT

131

LAKE CRYSTAL (MN), CITY OF

509539CD2

Feb 2026

350,000

$359K

0.19%

DBT

132

GUAM GOVT

40065BCQ4

Feb 2026

335,000

$356K

0.19%

DBT

133

CENTRAL MINN MUN PWR AGY

154136BD6

Feb 2026

340,000

$346K

0.19%

DBT

134

COLOGNE MINN

195239AJ7

Feb 2026

345,000

$345K

0.19%

DBT

135

MINNESOTA ST HIGHER ED FACS AUTH

60416JDV9

Feb 2026

360,000

$336K

0.18%

DBT

136

MOUNTAIN LAKE MINN

624165FH4

Feb 2026

300,000

$332K

0.18%

DBT

137

LAKE CRYSTAL (MN), CITY OF

509539CC4

Feb 2026

310,000

$320K

0.17%

DBT

138

APPLE VALLEY MINN

03800RBG0

Feb 2026

400,000

$307K

0.17%

DBT

139

MINNESOTA ST HIGHER ED FACS AUTH

60416JBJ8

Feb 2026

300,000

$300K

0.16%

DBT

140

CENTRAL MINN MUN PWR AGY

154136BA2

Feb 2026

300,000

$300K

0.16%

DBT

141

CENTRAL MINN MUN PWR AGY

154136BB0

Feb 2026

300,000

$297K

0.16%

DBT

142

BAYTOWN TWP MINN

073225AW4

Feb 2026

300,000

$290K

0.16%

DBT

143

MINNESOTA ST HIGHER ED FACS AUTH

60416JDW7

Feb 2026

325,000

$284K

0.15%

DBT

144

NORTHERN MUN PWR AGY MINN

665444LQ6

Feb 2026

250,000

$268K

0.15%

DBT

145

NEW JERSEY ECONOMIC DEV AUTH

6459182D4

Feb 2026

260,000

$260K

0.14%

DBT

146

HAM LAKE MINN

406511AN5

Feb 2026

250,000

$251K

0.14%

DBT

147

WARREN CNTY OHIO

93515PCS4

Feb 2026

250,000

$251K

0.14%

DBT

148

MINNESOTA ST MUN PWR AGY

60412PDX5

Feb 2026

250,000

$250K

0.14%

DBT

149

FOREST LAKE MINN

345856AH1

Feb 2026

250,000

$250K

0.14%

DBT

150

MINNEAPOLIS MINN

60374VDV2

Feb 2026

250,000

$250K

0.14%

DBT

151

DULUTH MINN ECONOMIC DEV AUTH

26444VAG5

Feb 2026

250,000

$241K

0.13%

DBT

152

NORTHERN MUN PWR AGY MINN

665444KV6

Feb 2026

235,000

$240K

0.13%

DBT

153

DULUTH MINN ECONOMIC DEV AUTH

26444CKF8

Feb 2026

225,000

$233K

0.13%

DBT

154

MINNESOTA ST HIGHER ED FACS AUTH

60416JEN6

Feb 2026

245,000

$232K

0.13%

DBT

155

NORTHERN MUN PWR AGY MINN

665444KU8

Feb 2026

215,000

$220K

0.12%

DBT

156

MOUNTAIN LAKE MINN

624165FM3

Feb 2026

200,000

$215K

0.12%

DBT

157

NORTHERN MUN PWR AGY MINN

665444KW4

Feb 2026

210,000

$215K

0.12%

DBT

158

MOUNTAIN LAKE MINN

624165FN1

Feb 2026

200,000

$208K

0.11%

DBT

159

NORTHERN MUN PWR AGY MINN

665444KT1

Feb 2026

200,000

$205K

0.11%

DBT

160

MINNESOTA ST OFFICE OF HIGHER ED

60416MBL6

Feb 2026

200,000

$202K

0.11%

DBT

161

BLOOMINGTON MINN

0947808L0

Feb 2026

200,000

$201K

0.11%

DBT

162

NORTHERN MUN PWR AGY MINN

665444KY0

Feb 2026

180,000

$184K

0.10%

DBT

163

MINNESOTA ST HIGHER ED FACS AUTH

60416JEJ5

Feb 2026

175,000

$182K

0.10%

DBT

164

MINNESOTA ST HIGHER ED FACS AUTH

60416JEK2

Feb 2026

170,000

$176K

0.10%

DBT

165

MOUNTAIN LAKE MINN

624165FL5

Feb 2026

160,000

$174K

0.09%

DBT

166

NORTHERN MUN PWR AGY MINN

665444KX2

Feb 2026

170,000

$174K

0.09%

DBT

167

MINNESOTA ST HSG FIN AGY

60416URL1

Feb 2026

165,000

$170K

0.09%

DBT

168

MINNESOTA ST HSG FIN AGY

60416QGY4

Feb 2026

132,870

$118K

0.06%

DBT

169

MINNESOTA ST HSG FIN AGY

60416URM9

Feb 2026

100,000

$102K

0.06%

DBT

170

MINNEAPOLIS MINN

603786JJ4

Feb 2026

100,000

$100K

0.05%

DBT

171

MINNEAPOLIS MINN

603786JN5

Feb 2026

100,000

$100K

0.05%

DBT

172

MINNESOTA ST HIGHER ED FACS AUTH

60416HY99

Feb 2026

85,000

$86K

0.05%

DBT

173

ST PAUL MINN HSG & REDEV AUTH

852297DL1

Feb 2026

80,000

$79K

0.04%

DBT

174

FOREST LAKE MINN

345856AE8

Feb 2026

75,000

$75K

0.04%

DBT

175

MINNESOTA ST HSG FIN AGY

60416QFU3

Feb 2026

75,422

$67K

0.04%

DBT