Pennsylvania St Higher Educational Facilities Authority Revenue

Public Authority· PA· Unclaimed profile

Outstanding (EMMA est.)—

RatingsAa3 Moody's · AA S&P · A+ Fitch

Last filingAug 2026

Compiled from MSRB EMMA & public records · read-only public record · debt as of Sep 20, 2026 · latest trade Sep 16, 2026 · latest filing Aug 28, 2026

Credit ratings

agency-stated

Moody's

Aa3

469 rated securities · insured

S&P

455 rated securities · insured

Fitch

A+

221 rated securities · insured

KBRA

12 rated securities · insured

Outstanding par by rating agency and grade
Agency	Rating	Par	Share	CUSIPs
Moody's	Aa3	$2.6B	58.0%	292
	Aa1	$1.4B	29.8%	85
	A3	$291.8M	6.4%	36
	Baa2	$94.4M	2.1%	13
	Baa1	$90.2M	2.0%	16
	Aa2	$67.4M	1.5%	26
	A1	$9.0M	0.2%	1
S&P	AA	$2.3B	46.8%	219
	AA+	$1.6B	31.0%	123
	A	$388.3M	7.8%	27
	A+	$240.8M	4.8%	11
	BBB	$209.1M	4.2%	53
	BB	$108.1M	2.2%	8
	BBBB+	$70.3M	1.4%	10
	B	$68.4M	1.4%	1
	BBB+	$24.1M	0.5%	3
Fitch	A+	$831.0M	63.2%	174
	A	$229.1M	17.4%	12
	BBB	$90.2M	6.9%	16
	BB+	$74.6M	5.7%	5
	A-	$73.3M	5.6%	11
	BBB-	$17.0M	1.3%	3
KBRA	AA	$50.2M	98.2%	10
	AA+	$945K	1.8%	2

Par-weighted mix of agency grades across the outstanding securities EMMA lists for this issuer; shares are of each agency’s rated par. A split usually reflects distinct liens or credits under one issuer, not disagreement about a single credit.

Maturity profile

par maturing by year · as of Sep 2026

Recent activity

rating actions & filings

Other Financial / Operating Data filed

Aug 28, 2026 · Other Financial / Operating Data: Statement of Operations, Sour…

Quarterly / Monthly Financial Information filed

Aug 14, 2026 · Quarterly / Monthly Financial Information: 2026 4th Quarter Con…

Official statement posted

Jul 31, 2026 · REFUNDING REVENUE BONDS SERIES B OF 2026 (FORWARD DELIVERY)

Information Provided to Rating Agency, Credit / Liquidity Provider or Other Third Party…

Jun 30, 2026 · Information Provided to Rating Agency, Credit / Liquidity Provi…

Official statement posted

Jun 26, 2026 · THE TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA REFUNDING REVENU…

Other Financial / Operating Data filed

May 20, 2026 · Other Financial / Operating Data: Statement of Operations, Sour…

In context

Among the largest PA issuers by debt outstanding · #5 of 1598

Debt overview

EMMA-derived

Outstanding par (EMMA est.)—

Securities1,104

Callable27%

68% of book PENNSYLVANIA ST HIGHER EDL FACS AUTH REV

$9.0B Aa3 / AA / A+ / AA 798 securities

32% of book Pennsylvania St Higher Educational Facilities Authority Revenue

$4.2B Aa3 / AA / A+ 355 securities

Outstanding securities

1,104

Sort

Outstanding securities for Pennsylvania St Higher Educational Facilities Authority Revenue
CUSIP	Series / description	Coupon	Maturity	Outstanding	Ratings	First call
70917SPL1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Oct 1, 2026	$5,315,000	Moody’s Aa1S&P AA+	Oct. 1, 2025
70917R2K0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS STUD…	6.0%	Oct 1, 2026	$3,000,000	—	—
70917SQH9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Oct 1, 2026	$14,550,000	Moody’s Aa1S&P AA+	Oct. 1, 2025
70917NYH1	DICKINSON COLLEGE SER AA1	5.0%	Nov 1, 2026	$7,145,000	—	—
70917TER8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS URSI…	5.0%	Nov 1, 2026	$1,000,000	S&P BBB	—
70917SMH3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS SAIN…	5.0%	Nov 1, 2026	$4,150,000	Moody’s Baa1Fitch BBB	—
70917RCN3	SCRANTON UNIV-SER A	4.35%	Nov 1, 2026	$1,895,000	—	—
70917RM28	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS SAIN…	5.0%	Nov 1, 2026	$2,620,000	Fitch A	—
70917N8V9	YORK COLLEGE PA PROJ-SER EE 1	5.25%	Nov 1, 2026	$1,500,000	—	—
70917TSC6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS THOMAS J…	4.861%	Nov 1, 2026	$13,835,000	—	—
70917RQR9	UNIV SCIENCES PHILADELPHIA	5.0%	Nov 1, 2026	$4,035,000	—	—
709174L38	ADJ-ALLEGHENY COLLEGE PROJ	0.0%	Nov 1, 2026	$16,000,000	—	—
70917SKQ5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS BRYN…	5.0%	Dec 1, 2026	$1,680,000	Moody’s Aa2S&P AA+	—
70917S4N0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS BRYN MAW…	5.0%	Dec 1, 2026	$295,000	Moody’s Aa2S&P AA+	—
70917RF42	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS BRYN…	3.75%	Dec 1, 2026	$965,000	Moody’s Aa2S&P AA+	—
70917R5Y7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS URSI…	5.0%	Jan 1, 2027	$1,970,000	S&P BBB	—
70917R6M2	UNREFUNDED BALANCE-URSINUS	5.25%	Jan 1, 2027	$2,445,000	—	—
70917R6F7	PREREFUNDED-URSINUS COLLEGE	5.25%	Jan 1, 2027	$2,985,000	S&P AA	—
70917NZP2	URSINUS COLLEGE	5.25%	Jan 1, 2027	$5,430,000	—	—
70917SRG0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS URSI…	3.0%	Jan 1, 2027	$300,000	S&P BBB	—
70917SEJ8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS URSI…	5.0%	Jan 1, 2027	$1,395,000	S&P BBB	—
70917S3Q4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV TRUSTEES UNI…	5.0%	Feb 15, 2027	$1,990,000	Moody’s Aa1S&P AA+	—
70917R7Z2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS THOM…	5.0%	Mar 1, 2027	$1,615,000	S&P A	—
70917RZN8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS THOM…	5.0%	Mar 1, 2027	$1,835,000	—	—
70917RZE8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS THOM…	4.375%	Mar 1, 2027	$50,000	—	—
70917NP32	VAR-ST JOSEPHS-A7-RMK-12/22/04	0.0%	Apr 1, 2027	—	—	—
70917SAQ6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS TEMP…	5.0%	Apr 1, 2027	$5,890,000	Moody’s Aa3S&P A+	—
70917SUG6	UNREFUNDED BALANCE-TEMPLE	5.0%	Apr 1, 2027	$14,280,000	—	—
709174M37	VAR-COUNCIL INDPT COLLEGES-A7	0.0%	Apr 1, 2027	$3,100,000	—	—
70917RTH8	VAR-COUNCIL INDPT COLLEGES-A7-	0.0%	Apr 1, 2027	—	—	—
70917REV3	TEMPLE UNIV-FIRST SER	5.0%	Apr 1, 2027	$14,425,000	Moody’s Aa3	—
70917STS2	PREREFUNDED-TEMPLE UNIV-FIRST	5.0%	Apr 1, 2027	$145,000	—	—
70917RNM3	LASALLE UNIV-SER A	5.25%	May 1, 2027	$12,690,000	—	—
70917SU35	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS DREX…	5.0%	May 1, 2027	$5,590,000	Moody’s A3	—
70917NRQ9	DREXEL UNIV-SER A	5.2%	May 1, 2027	$1,340,000	—	—
70917TBA8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV TAXABLE BDS …	2.12%	May 1, 2027	$1,940,000	S&P AA	—
70917TAG6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS DREXEL U…	5.0%	May 1, 2027	$2,280,000	S&P AA	—
70917SBW2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV REF BDS …	5.0%	May 1, 2027	$1,355,000	Moody’s A3	—
70917SXJ7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV REF BDS …	5.0%	May 1, 2027	$2,990,000	Moody’s A3	—
7091742D7	DREXEL UNIV	5.25%	May 1, 2027	—	—	—
70917RMV4	DREXEL UNIV COLLEGE MEDICINE	5.0%	May 1, 2027	$3,880,000	—	—
70917R7D1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS LA S…	5.0%	May 1, 2027	$2,065,000	S&P BBFitch BB+	—
70917RLE3	ASSN INDPT COLLEGES & UNIV-GG5	5.0%	May 1, 2027	$4,105,000	Kroll AA	—
70917NMW1	VAR-AICUP PROG-SER J2	0.2%	May 1, 2027	$2,500,000	—	—
70917SDS9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF REV BDS …	5.0%	Jun 1, 2027	$1,200,000	—	—
70917TJC6	PREREFUNDED-REF-ST SYS HIGHER	5.0%	Jun 15, 2027	$1,020,000	—	—
70917TMX6	UNREFUNDED BALANCE-2024-REF-	5.0%	Jun 15, 2027	$3,135,000	—	June 15, 2026
70917TDE8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS TAXABLE …	3.0%	Jun 15, 2027	$4,685,000	—	—
70917SFP3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS AO-1…	3.875%	Jun 15, 2027	$455,000	Moody’s Aa3Fitch A+	—
70917TKP5	UNREFUNDED BALANCE-REF-ST SYS	5.0%	Jun 15, 2027	$4,635,000	—	—
70917TPT2	UNREFUNDED BALANCE-ST SYS	5.0%	Jun 15, 2027	$1,530,000	—	—
70917SE90	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF REV BDS …	5.0%	Jun 15, 2027	$5,750,000	Moody’s Aa3Fitch A+	—
70917SUX9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS AR (…	3.0%	Jun 15, 2027	$3,950,000	Moody’s Aa3Fitch A+	June 15, 2025
70917SH63	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS 2017…	5.0%	Jun 15, 2027	$1,825,000	Moody’s Aa3Fitch A+	—
70917SZH9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS BDS AT-1…	5.0%	Jun 15, 2027	$9,270,000	Moody’s Aa3S&P AAFitch A+	June 15, 2026
70917TGF2	UNREFUNDED BALANCE-ST SYS	3.0%	Jun 15, 2027	$3,540,000	—	June 15, 2025
70917TJN2	UNREFUNDED BALANCE-REF-ST SYS	5.0%	Jun 15, 2027	$4,730,000	—	—
70917RH81	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS 2010…	5.0%	Jun 15, 2027	$5,175,000	—	—
70917S2C6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS AV-1…	5.0%	Jun 15, 2027	$2,170,000	Moody’s Aa3Fitch A+	—
70917TLA7	PREREFUNDED-REF-ST SYS HIGHER	5.0%	Jun 15, 2027	$575,000	S&P AA	—
70917TNN7	UNREFUNDED BALANCE-2024-ST SYS	5.0%	Jun 15, 2027	$7,760,000	—	June 15, 2026
70917RMB8	ST SYS HIGHER ED-SER AF	5.0%	Jun 15, 2027	$3,465,000	—	—
70917THA2	PREREFUNDED-ST SYS HIGHER	5.0%	Jun 15, 2027	$120,000	—	—
70917TLH2	UNREFUNDED BALANCE-REF-ST SYS	5.0%	Jun 15, 2027	$5,000,000	S&P AA	—
70917TMU2	PREREFUNDED-2024-REF-ST SYS	5.0%	Jun 15, 2027	$105,000	—	—
70917TLQ2	PREREFUNDED-REF-TAXABLE-ST	1.5%	Jun 15, 2027	$1,065,000	S&P AA	—
70917TGB1	PREREFUNDED-REF-ST SYS HIGHER	5.0%	Jun 15, 2027	$220,000	—	—
70917SL76	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV TAXABLE REF …	2.75%	Jun 15, 2027	$1,600,000	Moody’s Aa3Fitch A+	—
70917SWT6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF REV BDS …	5.0%	Jun 15, 2027	$3,460,000	Moody’s Aa3Fitch A+	June 15, 2026
70917SSW4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS STAT…	3.0%	Jun 15, 2027	$1,485,000	Moody’s Aa3Fitch A+	June 15, 2025
70917TQZ7	UNREFUNDED BALANCE-2024-REF	1.5%	Jun 15, 2027	$4,630,000	—	—
70917SN25	PREREFUNDED-ST SYS HIGHER	5.0%	Jun 15, 2027	$7,050,000	—	—
70917TFL0	—	3.0%	Jun 15, 2027	$410,000	—	—
70917TKC4	PREREFUNDED-REF-ST SYS HIGHER	5.0%	Jun 15, 2027	$1,095,000	—	—
70917RVW2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS 2009…	4.5%	Jun 15, 2027	$5,215,000	Fitch A+	—
70917TGW5	—	5.0%	Jun 15, 2027	$3,240,000	—	June 15, 2026
70917TTX9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS BDS BA (…	5.0%	Jun 15, 2027	$885,000	—	—
70917S3A9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV FEDERALLY TA…	3.7%	Jun 15, 2027	$3,880,000	Moody’s Aa3S&P AAFitch A+	—
70917RRZ0	ST SYS HIGHER ED-SER AH	5.0%	Jun 15, 2027	$7,610,000	—	—
70917TBN0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV TAXABLE SYS …	1.5%	Jun 15, 2027	$6,200,000	Moody’s Aa3S&P AA	—
70917THP9	UNREFUNDED BALANCE-ST SYS	5.0%	Jun 15, 2027	$9,150,000	—	June 15, 2026
70917SA78	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS AT-2…	2.75%	Jun 15, 2027	$945,000	Moody’s Aa3S&P AAFitch A+Kroll AA+	June 15, 2026
70917TQS3	PREREFUNDED-2024-REF	1.5%	Jun 15, 2027	$505,000	—	—
70917S5P4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS PENN…	5.0%	Jun 15, 2027	$5,730,000	Moody’s Aa3Fitch A+	—
70917TJT9	UNREFUNDED BALANCE-REF	2.75%	Jun 15, 2027	$1,175,000	—	—
70917TPE5	PREREFUNDED-ST SYS HIGHER	5.0%	Jun 15, 2027	$295,000	—	—
70917TNA5	PREREFUNDED-2024-ST SYS HIGHER	5.0%	Jun 15, 2027	$1,390,000	—	June 15, 2026
70917TJH5	PREREFUNDED-REF-TAXABLE-ST	2.75%	Jun 15, 2027	$425,000	—	—
70917TMB4	UNREFUNDED BALANCE-REF	1.5%	Jun 15, 2027	$5,135,000	S&P AA	—
70917SP72	UNREFUNDED BALANCE-ST SYS	5.0%	Jun 15, 2027	$560,000	Fitch A+	—
70917TQG9	PREREFUNDED-2024-REF-ST SYS	5.0%	Jun 15, 2027	$275,000	—	—
70917SGG2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS AO-2…	4.6%	Jun 15, 2027	$1,020,000	Moody’s Aa3Fitch A+	—
70917S7H0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS REF BDS …	5.0%	Jun 15, 2027	$5,575,000	Moody’s Aa3S&P AAFitch A+	—
70917R2A2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS SERI…	4.0%	Jun 15, 2027	$5,820,000	Moody’s Aa3Fitch A+	—
70917TQL8	UNREFUNDED BALANCE-2024 REF-ST	5.0%	Jun 15, 2027	$4,455,000	—	—
709132AU8	SLIPPERY ROCK UNIV FNDTN-SER A	0.0%	Jul 1, 2027	—	—	—
70917RJY2	SAVRS-SER B-CONV 03/15/07	0.0%	Jul 1, 2027	—	—	—
70917N5R1	SLIPPERY ROCK UNIV FNDTN-SER A	0.0%	Jul 1, 2027	—	—	—
70917RKC8	FNDTN INDIANA UNIV PA-SER A	3.248%	Jul 1, 2027	$23,645,000	S&P AA	May 21, 2026
70917R4J1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS INDI…	5.0%	Jul 1, 2027	$5,485,000	—	—
70917SLQ4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS WIDE…	4.0%	Jul 15, 2027	$785,000	S&P BBB	July 15, 2024
70917TEH0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS WIDENER …	2.368%	Jul 15, 2027	$2,705,000	—	—
70917SJJ3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS WIDE…	5.25%	Jul 15, 2027	$2,125,000	S&P BBB	—
70917SC27	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	5.0%	Aug 15, 2027	$5,085,000	Moody’s Aa1S&P AA+	Feb. 15, 2027
70917SVW0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF REV BDS …	5.0%	Aug 15, 2027	$12,100,000	Moody’s Aa1S&P AA+	Aug. 15, 2026
70917SRY1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	5.0%	Aug 15, 2027	$2,270,000	Moody’s Aa3S&P AA	—
70917TVN8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Aug 15, 2027	$17,785,000	Moody’s Aa1S&P AA+	—
70917TWA5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HEALTH SYS R…	5.0%	Aug 15, 2027	$5,995,000	Moody’s Aa3S&P AA	Aug. 15, 2027
70917SYH0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HLTH SYS REF…	5.0%	Aug 15, 2027	$260,000	Moody’s Aa3S&P AA	Aug. 15, 2026
70917TTG6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS UNIVERSI…	5.0%	Aug 15, 2027	$2,055,000	—	—
70917SR39	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HEALTH SYS B…	5.0%	Aug 15, 2027	$13,325,000	Moody’s Aa3S&P AA	—
70917S6H1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS UNIVERSI…	5.0%	Aug 15, 2027	$11,660,000	Moody’s Aa3S&P AA	—
70917R4X0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	4.0%	Aug 15, 2027	$820,000	Moody’s Aa3S&P AA	—
70917R5J0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	5.0%	Aug 15, 2027	$2,625,000	Moody’s Aa3S&P AA	—
70917TCH2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Aug 15, 2027	$2,950,000	Moody’s Aa3S&P AA	—
70917RUM5	UNIV OF PA-SER B	5.0%	Sep 1, 2027	$1,650,000	S&P AA+	—
70917RS48	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	5.0%	Sep 1, 2027	$4,740,000	Moody’s Aa1S&P AA+	—
70917SND1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV FIXED RATE B…	3.0%	Sep 1, 2027	$1,325,000	S&P A	March 1, 2025
70917RN50	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	5.0%	Sep 1, 2027	$6,070,000	S&P AA+	—
70917SNQ2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV FIXED RATE B…	5.0%	Sep 1, 2027	$1,255,000	S&P A	—
70917RR64	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	4.5%	Sep 1, 2027	$450,000	Moody’s Aa1S&P AA+	—
70917SPM9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Oct 1, 2027	$5,580,000	Moody’s Aa1S&P AA+	Oct. 1, 2025
70917SQJ5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Oct 1, 2027	$4,040,000	Moody’s Aa1S&P AA+	Oct. 1, 2025
70917NN83	ASSN INDPT COLLEGES & UNIVS-CC	5.25%	Nov 1, 2027	$1,800,000	Kroll AA	—
70917NC36	ASSN INDPT COLLEGES & UNIV-M-1	0.0%	Nov 1, 2027	$10,000,000	—	—
70917TSD4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS THOMAS J…	4.812%	Nov 1, 2027	$12,655,000	—	—
70917SBJ1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS AICU…	5.0%	Nov 1, 2027	$7,895,000	—	—
70917SMS9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS SAIN…	5.0%	Nov 1, 2027	$2,340,000	Moody’s Baa1Fitch BBB	—
70917TES6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS URSI…	5.0%	Nov 1, 2027	$1,050,000	S&P BBB	—
70917RQS7	UNIV SCIENCES PHILADELPHIA	5.0%	Nov 1, 2027	$4,240,000	—	—
709174E44	VAR-REF-CARNEGIE MELLON UNIV-B	0.0%	Nov 1, 2027	$50,000,000	—	—
70917SMJ9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS SAIN…	3.0%	Nov 1, 2027	$2,000,000	Moody’s Baa1Fitch BBB	Nov. 1, 2025
70917N8W7	YORK COLLEGE PA PROJ-SER EE 1	5.25%	Nov 1, 2027	$1,585,000	—	—
70917RF59	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS BRYN…	4.0%	Dec 1, 2027	$1,005,000	Moody’s Aa2S&P AA+	—
70917SKR3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS BRYN…	5.0%	Dec 1, 2027	$1,765,000	Moody’s Aa2S&P AA+	—
70917S4P5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS BRYN MAW…	2.0%	Dec 1, 2027	$300,000	Moody’s Aa2S&P AA+	—
70917RGT6	ASSN INDPT COLLEGES & UNIV-FF2	5.0%	Dec 15, 2027	$7,050,000	Kroll AA	—
70917S3R2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV TRUSTEES UNI…	5.0%	Feb 15, 2028	$2,030,000	Moody’s Aa1S&P AA+	—
70917RZF5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS THOM…	5.0%	Mar 1, 2028	$2,015,000	—	—
70917R8A6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS THOM…	5.0%	Mar 1, 2028	$1,695,000	S&P A	—
70917STT0	PREREFUNDED-TEMPLE UNIV-FIRST	5.0%	Apr 1, 2028	$120,000	—	—
70917SUH4	UNREFUNDED BALANCE-TEMPLE	5.0%	Apr 1, 2028	$14,950,000	—	—
70917REW1	TEMPLE UNIV-FIRST SER	5.0%	Apr 1, 2028	$15,070,000	Moody’s Aa3	—
70917SAR4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS TEMP…	5.0%	Apr 1, 2028	$6,185,000	Moody’s Aa3S&P A+	—
70917N3A0	DREXEL UNIV-SER A	5.0%	May 1, 2028	$8,330,000	—	—
70917SXK4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV REF BDS …	5.0%	May 1, 2028	$3,140,000	Moody’s A3	—
70917TBB6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV TAXABLE BDS …	2.277%	May 1, 2028	$2,010,000	S&P AA	—
70917SBX0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV REF BDS …	5.0%	May 1, 2028	$1,450,000	Moody’s A3	—
70917SU43	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS DREX…	5.0%	May 1, 2028	$5,855,000	Moody’s A3	Nov. 1, 2027
70917NVR2	VAR-ASSN INDPT CLGS & UNIV-L3	1.74%	May 1, 2028	$5,100,000	—	—
70917TUZ2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS DREX…	5.0%	May 1, 2028	$2,800,000	Moody’s Baa2S&P BBB+	—
70917TAH4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS DREXEL U…	5.0%	May 1, 2028	$2,405,000	S&P AA	—
7091742E5	DREXEL UNIV	4.8%	May 1, 2028	$11,840,000	—	—
70917SDT7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF REV BDS …	5.0%	Jun 1, 2028	$1,250,000	—	—
70917SUY7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS AR (…	3.0%	Jun 15, 2028	$4,070,000	Moody’s Aa3Fitch A+	June 15, 2025
70917TLR0	PREREFUNDED-REF-TAXABLE-ST	1.625%	Jun 15, 2028	$1,085,000	S&P AA	—
70917TDF5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS TAXABLE …	3.0%	Jun 15, 2028	$4,830,000	Moody’s Aa3S&P AAFitch A+	—
70917S3B7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV FEDERALLY TA…	3.85%	Jun 15, 2028	$4,015,000	Moody’s Aa3S&P AAFitch A+	—
70917SZJ5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS BDS AT-1…	5.0%	Jun 15, 2028	$9,730,000	Moody’s Aa3Fitch A+	June 15, 2026
70917TFM8	PREREFUNDED-ST SYS HIGHER	3.0%	Jun 15, 2028	$425,000	—	—
70917TJJ1	PREREFUNDED-REF-TAXABLE-ST	2.75%	Jun 15, 2028	$435,000	—	—
70917S2D4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS AV-1…	5.0%	Jun 15, 2028	$2,280,000	Moody’s Aa3Fitch A+	—
70917TLJ8	UNREFUNDED BALANCE-REF-ST SYS	5.0%	Jun 15, 2028	$5,255,000	S&P AA	—
70917TBP5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV TAXABLE SYS …	1.625%	Jun 15, 2028	$6,295,000	Moody’s Aa3S&P AA	—
70917S5Q2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS PENN…	5.0%	Jun 15, 2028	$6,020,000	Moody’s Aa3Fitch A+	—
70917SA86	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS AT-2…	2.875%	Jun 15, 2028	$975,000	Moody’s Aa3Fitch A+	June 15, 2026
70917SSX2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS STAT…	3.0%	Jun 15, 2028	$1,525,000	Moody’s Aa3Fitch A+	June 15, 2025
70917TJP7	UNREFUNDED BALANCE-REF-ST SYS	5.0%	Jun 15, 2028	$4,965,000	—	June 15, 2027
70917TKD2	PREREFUNDED-REF-ST SYS HIGHER	5.0%	Jun 15, 2028	$1,155,000	—	—
70917TPU9	UNREFUNDED BALANCE-ST SYS	4.0%	Jun 15, 2028	$1,625,000	—	June 15, 2027
70917TMC2	—	1.625%	Jun 15, 2028	$5,210,000	—	—
70917TNB3	PREREFUNDED-2024-ST SYS HIGHER	5.0%	Jun 15, 2028	$1,460,000	—	June 15, 2026
70917TJD4	PREREFUNDED-REF-ST SYS HIGHER	5.0%	Jun 15, 2028	$1,070,000	—	—
70917R2B0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS SERI…	4.125%	Jun 15, 2028	$6,055,000	Moody’s Aa3Fitch A+	—
70917TQM6	UNREFUNDED BALANCE-2024 REF-ST	5.0%	Jun 15, 2028	$4,675,000	—	June 15, 2027
70917TPF2	PREREFUNDED-ST SYS HIGHER	4.0%	Jun 15, 2028	$305,000	—	June 15, 2027
70917SN33	PREREFUNDED-ST SYS HIGHER	4.375%	Jun 15, 2028	$7,405,000	—	—
70917TLB5	PREREFUNDED-REF-ST SYS HIGHER	5.0%	Jun 15, 2028	$605,000	S&P AA	—
70917SWU3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF REV BDS …	5.0%	Jun 15, 2028	$1,325,000	Moody’s Aa3Fitch A+	June 15, 2026
70917TQT1	PREREFUNDED-2024-REF	1.625%	Jun 15, 2028	$515,000	—	—
70917TJU6	UNREFUNDED BALANCE-REF	2.75%	Jun 15, 2028	$1,215,000	—	—
70917TTY7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS BDS BA (…	5.0%	Jun 15, 2028	$925,000	—	—
70917THB0	—	5.0%	Jun 15, 2028	$125,000	—	—
70917RH99	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS 2010…	5.0%	Jun 15, 2028	$5,440,000	—	—
70917SL84	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV TAXABLE REF …	2.75%	Jun 15, 2028	$1,650,000	Moody’s Aa3Fitch A+	—
70917TGG0	UNREFUNDED BALANCE-ST SYS	3.0%	Jun 15, 2028	$3,645,000	—	June 15, 2025
70917SFQ1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS AO-1…	4.0%	Jun 15, 2028	$475,000	Moody’s Aa3Fitch A+	—
70917SH71	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS 2017…	4.0%	Jun 15, 2028	$1,930,000	Moody’s Aa3Fitch A+	June 15, 2027
70917S7J6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS REF BDS …	5.0%	Jun 15, 2028	$5,860,000	Moody’s Aa3S&P AAFitch A+	—
70917TNP2	UNREFUNDED BALANCE-2024-ST SYS	5.0%	Jun 15, 2028	$8,145,000	—	June 15, 2026
70917TRA1	UNREFUNDED BALANCE-2024-REF	1.625%	Jun 15, 2028	$4,695,000	—	—
70917SP80	UNREFUNDED BALANCE-ST SYS	4.375%	Jun 15, 2028	$585,000	Fitch A+	—
70917RSA4	ST SYS HIGHER ED-SER AH	4.375%	Jun 15, 2028	$7,990,000	—	—
70917TQH7	PREREFUNDED-2024-REF-ST SYS	5.0%	Jun 15, 2028	$290,000	—	June 15, 2027
70917THQ7	UNREFUNDED BALANCE-ST SYS	5.0%	Jun 15, 2028	$9,605,000	—	June 15, 2026
70917RVX0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS 2009…	4.625%	Jun 15, 2028	$5,460,000	Fitch A+	—
70917SF24	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF REV BDS …	5.0%	Jun 15, 2028	$6,035,000	Moody’s Aa3Fitch A+	June 15, 2027
70917TKQ3	UNREFUNDED BALANCE-REF-ST SYS	5.0%	Jun 15, 2028	$4,865,000	—	—
70917NXF6	CLARION UNIV FNDTN INC-SER A	5.0%	Jul 1, 2028	$7,095,000	—	—
70917N5S9	SLIPPERY ROCK UNIV FNDTN-SER A	4.5%	Jul 1, 2028	$6,090,000	—	—
70917RNU5	EDINBORO UNIV FNDTN STUD HSG	5.75%	Jul 1, 2028	$13,690,000	—	—
70917SEX7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV REF BDS …	4.0%	Jul 1, 2028	$4,285,000	S&P BB	—
709132AV6	SLIPPERY ROCK UNIV FNDTN-SER A	0.0%	Jul 1, 2028	—	—	—
70917TEJ6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS WIDENER …	2.539%	Jul 15, 2028	$2,775,000	S&P BBBFitch A-	—
70917SLR2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS WIDE…	4.0%	Jul 15, 2028	$810,000	S&P BBB	July 15, 2024
70917SJK0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS WIDE…	5.25%	Jul 15, 2028	$2,245,000	S&P BBB	—
70917SRZ8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	3.0%	Aug 15, 2028	$2,110,000	Moody’s Aa3S&P AA	Aug. 15, 2025
70917TVP3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Aug 15, 2028	$24,485,000	Moody’s Aa1S&P AA+	—
70917SR47	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HEALTH SYS B…	5.0%	Aug 15, 2028	$13,725,000	Moody’s Aa3S&P AA	Aug. 15, 2027
70917S6J7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS UNIVERSI…	5.0%	Aug 15, 2028	$12,765,000	Moody’s Aa3S&P AA	—
70917R4Y8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	5.0%	Aug 15, 2028	$3,545,000	Moody’s Aa3S&P AA	—
70917TWB3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HEALTH SYS R…	5.0%	Aug 15, 2028	$6,025,000	Moody’s Aa3S&P AA	Aug. 15, 2028
70917SVX8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF REV BDS …	4.0%	Aug 15, 2028	$12,695,000	Moody’s Aa1S&P AA+	Aug. 15, 2026
70917TWR8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HEALTH SYS R…	5.0%	Aug 15, 2028	$13,530,000	S&P AA	—
70917TCJ8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Aug 15, 2028	$3,030,000	Moody’s Aa3S&P AA	—
70917SYJ6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HLTH SYS REF…	2.0%	Aug 15, 2028	$265,000	Moody’s Aa3S&P AA	Aug. 15, 2026
70917SC35	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	5.0%	Aug 15, 2028	$5,340,000	Moody’s Aa1S&P AA+	Feb. 15, 2027
70917RR72	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	5.0%	Sep 1, 2028	$5,455,000	Moody’s Aa1S&P AA+	—
70917RUN3	UNIV OF PA-SER B	5.0%	Sep 1, 2028	$1,710,000	S&P AA+	—
70917SNE9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV FIXED RATE B…	3.25%	Sep 1, 2028	$1,050,000	S&P A	March 1, 2025
70917RN68	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	5.0%	Sep 1, 2028	$6,410,000	S&P AA+	—
70917SNR0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV FIXED RATE B…	5.0%	Sep 1, 2028	$1,505,000	S&P A	—
70917SHP1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS HOLY…	6.0%	Sep 1, 2028	$3,630,000	Fitch BBB-	—
70917SQK2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Oct 1, 2028	$4,225,000	Moody’s Aa1S&P AA+	Oct. 1, 2025
70917SPN7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Oct 1, 2028	$5,860,000	Moody’s Aa1S&P AA+	Oct. 1, 2025
70917TET4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS URSI…	5.0%	Nov 1, 2028	$1,100,000	S&P BBB	—
70917TSE2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS THOMAS J…	4.873%	Nov 1, 2028	$12,845,000	—	—
70917RCP8	SCRANTON UNIV-SER A	5.0%	Nov 1, 2028	$4,080,000	—	—
70917SMT7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS SAIN…	5.0%	Nov 1, 2028	$2,380,000	Moody’s Baa1Fitch BBB	—
70917RQT5	UNIV SCIENCES PHILADELPHIA	5.0%	Nov 1, 2028	$4,455,000	—	—
70917NBP8	VAR-ASSN INDPT CLGS & UNIVS-C4	4.0%	Nov 1, 2028	$17,800,000	—	—
70917NJB1	VAR-PREREFUNDED-SER C4	4.0%	Nov 1, 2028	$8,600,000	—	—
70917SMK6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS SAIN…	3.0%	Nov 1, 2028	$2,250,000	Moody’s Baa1Fitch BBB	Nov. 1, 2025
70917SGY3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS SAIN…	4.75%	Nov 1, 2028	$1,175,000	Fitch A	—
70917NJC9	VAR-UNREFUNDED BAL-SER C4	0.0%	Nov 1, 2028	$9,200,000	—	—
70917NBQ6	VAR-ASSN INDPT CLGS & UNIVS-C5	0.0%	Nov 1, 2028	$3,400,000	—	—
70917S4Q3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS BRYN MAW…	5.0%	Dec 1, 2028	$305,000	Moody’s Aa2S&P AA+	—
70917RF67	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS BRYN…	5.0%	Dec 1, 2028	$1,045,000	Moody’s Aa2S&P AA+	—
70917NUR3	PHILA COLLEGE OSTEOPATHIC MED	4.65%	Dec 1, 2028	$3,400,000	—	—
70917SKS1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS BRYN…	3.5%	Dec 1, 2028	$1,855,000	Moody’s Aa2S&P AA+	—
70917RJL0	PREREFUNDED-THOMAS JEFFERSON	5.0%	Jan 1, 2029	$4,600,000	—	—
70917NSW5	THOMAS JEFFERSON UNIV	5.0%	Jan 1, 2029	$6,785,000	—	—
70917RJW6	UNREFUND BAL-THOMAS JEFFERSON	5.0%	Jan 1, 2029	$2,185,000	—	—
70917SRH8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS URSI…	3.25%	Jan 1, 2029	$650,000	S&P BBB	—
70917R5Z4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS URSI…	5.0%	Jan 1, 2029	$2,170,000	S&P BBB	—
70917S3S0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV TRUSTEES UNI…	5.0%	Feb 15, 2029	$2,165,000	Moody’s Aa1S&P AA+	Feb. 15, 2028
70917R8B4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS THOM…	3.5%	Mar 1, 2029	$1,775,000	S&P A	—
70917RZG3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS THOM…	4.5%	Mar 1, 2029	$2,150,000	—	—
70917SAS2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS TEMP…	5.0%	Apr 1, 2029	$6,490,000	Moody’s Aa3S&P A+	—
70917STU7	PREREFUNDED-TEMPLE UNIV-FIRST	4.75%	Apr 1, 2029	$125,000	—	—
70917SUJ0	UNREFUNDED BALANCE-TEMPLE	4.75%	Apr 1, 2029	$15,615,000	—	—
70917REX9	TEMPLE UNIV-FIRST SER	4.75%	Apr 1, 2029	$15,740,000	Moody’s Aa3	—
70917NAY0	TEMPLE UNIV-FIRST SER	5.0%	Apr 1, 2029	$57,700,000	—	—
7091748L3	DREXEL UNIV-NATL IBC	6.0%	May 1, 2029	—	—	—
70917SXL2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV REF BDS …	5.0%	May 1, 2029	$3,290,000	Moody’s A3	—
7091748K5	DREXEL UNIV	6.0%	May 1, 2029	$19,820,000	—	—
70917NSC9	DREXEL UNIV-SER A	5.2%	May 1, 2029	$2,890,000	—	—
70917TBC4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV TAXABLE BDS …	2.377%	May 1, 2029	$1,895,000	S&P AA	—
70917R7H2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS LA S…	5.0%	May 1, 2029	$4,790,000	S&P BBFitch BB+	—
70917TVA6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS DREX…	5.0%	May 1, 2029	$3,165,000	Moody’s Baa2S&P BBB+	—
70917SBY8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV REF BDS …	5.0%	May 1, 2029	$1,460,000	Moody’s A3	—
70917TAJ0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS DREXEL U…	5.0%	May 1, 2029	$4,115,000	S&P AA	—
70917SU50	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS DREX…	5.0%	May 1, 2029	$4,565,000	Moody’s A3	Nov. 1, 2027
70917SDV2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF REV BDS …	4.0%	Jun 1, 2029	$1,320,000	—	—
7091748R0	PHILADELPHIA UNIV	6.0%	Jun 1, 2029	$7,400,000	—	—
70917RAY1	MARYWOOD UNIV PROJ-SER C	5.125%	Jun 1, 2029	$2,290,000	Kroll AA	—
70917SZK2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS BDS AT-1…	5.0%	Jun 15, 2029	$10,215,000	Moody’s Aa3Fitch A+	June 15, 2026
70917S2E2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS AV-1…	5.0%	Jun 15, 2029	$2,395,000	Moody’s Aa3Fitch A+	June 15, 2028
70917TNQ0	UNREFUNDED BALANCE-2024-ST SYS	5.0%	Jun 15, 2029	$8,550,000	—	June 15, 2026
70917THR5	UNREFUNDED BALANCE-ST SYS	5.0%	Jun 15, 2029	$10,085,000	—	June 15, 2026
70917SH89	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS 2017…	4.0%	Jun 15, 2029	$2,030,000	Moody’s Aa3Fitch A+	June 15, 2027
70917RVY8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS 2009…	4.75%	Jun 15, 2029	$5,710,000	Fitch A+	—
70917TDG3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS TAXABLE …	3.0%	Jun 15, 2029	$4,975,000	Moody’s Aa3S&P AAFitch A+	—
70917THC8	—	5.0%	Jun 15, 2029	$130,000	—	—
70917TNC1	—	5.0%	Jun 15, 2029	$1,535,000	—	June 15, 2026
70917TMD0	UNREFUNDED BALANCE-REF	1.75%	Jun 15, 2029	$5,300,000	S&P AA	—
70917TLC3	PREREFUNDED-REF-ST SYS HIGHER	5.0%	Jun 15, 2029	$635,000	S&P AA	—
70917TTZ4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS BDS BA (…	5.0%	Jun 15, 2029	$975,000	—	—
70917SF32	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF REV BDS …	4.0%	Jun 15, 2029	$3,740,000	Moody’s Aa3Fitch A+	June 15, 2027
70917SWV1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF REV BDS …	5.0%	Jun 15, 2029	$1,395,000	Moody’s Aa3Fitch A+	June 15, 2026
70917SA94	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS AT-2…	3.0%	Jun 15, 2029	$1,000,000	Moody’s Aa3Fitch A+	June 15, 2026
70917TRB9	UNREFUNDED BALANCE-2024-REF	1.75%	Jun 15, 2029	$4,775,000	—	—
70917S3C5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV FEDERALLY TA…	3.9%	Jun 15, 2029	$4,180,000	Moody’s Aa3S&P AAFitch A+	June 15, 2028
70917TLK5	UNREFUNDED BALANCE-REF-ST SYS	5.0%	Jun 15, 2029	$5,525,000	—	—
70917SS95	REF-ST SYS-SER AU-2-BAM-TCRS	4.0%	Jun 15, 2029	$1,435,000	Moody’s Aa3S&P AA	June 15, 2027
70917SUZ4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS AR (…	3.25%	Jun 15, 2029	$4,190,000	Moody’s Aa3Fitch A+	June 15, 2025
70917S5R0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS PENN…	5.0%	Jun 15, 2029	$6,320,000	Moody’s Aa3Fitch A+	—
70917TFN6	PREREFUNDED-ST SYS HIGHER	3.25%	Jun 15, 2029	$435,000	—	—
70917TGH8	UNREFUNDED BALANCE-ST SYS	3.25%	Jun 15, 2029	$3,755,000	—	June 15, 2025
70917TPV7	UNREFUNDED BALANCE-ST SYS	4.0%	Jun 15, 2029	$1,710,000	—	June 15, 2027
70917SSY0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS STAT…	3.125%	Jun 15, 2029	$1,570,000	Moody’s Aa3Fitch A+	June 15, 2025
70917TQU8	PREREFUNDED-2024-REF	1.75%	Jun 15, 2029	$525,000	—	—
70917TBQ3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV TAXABLE SYS …	1.75%	Jun 15, 2029	$6,400,000	Moody’s Aa3S&P AA	—
70917TKR1	UNREFUNDED BALANCE-REF-ST SYS	5.0%	Jun 15, 2029	$5,110,000	—	—
70917TLS8	PREREFUNDED-REF-TAXABLE-ST	1.75%	Jun 15, 2029	$1,100,000	S&P AA	—
70917RJ22	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS 2010…	5.0%	Jun 15, 2029	$5,715,000	—	May 21, 2026
70917R2C8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS SERI…	5.0%	Jun 15, 2029	$6,300,000	Moody’s Aa3Fitch A+	—
70917TPG0	PREREFUNDED-ST SYS HIGHER	4.0%	Jun 15, 2029	$320,000	—	June 15, 2027
70917S7K3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS REF BDS …	5.0%	Jun 15, 2029	$6,160,000	Moody’s Aa3S&P AAFitch A+	—
70917TKE0	PREREFUNDED-REF-ST SYS HIGHER	5.0%	Jun 15, 2029	$1,210,000	—	—
709132AW4	SLIPPERY ROCK UNIV FNDTN-SER A	0.0%	Jul 1, 2029	—	—	—
70917N5L4	SLIPPERY ROCK UNIV FNDTN-SER A	0.0%	Jul 1, 2029	—	—	—
70917SLS0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS WIDE…	4.0%	Jul 15, 2029	$840,000	S&P BBB	May 20, 2026
70917NXV1	WIDENER UNIV	5.375%	Jul 15, 2029	$8,360,000	—	—
70917TEK3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS WIDENER …	2.689%	Jul 15, 2029	$2,850,000	S&P BBBFitch A-	—
70917NDU5	UPMC HEALTH SYS-SER A	5.0%	Aug 1, 2029	$76,445,000	—	—
70917NGE8	UPMC HEALTH SYS-SER A-NATL IBC	5.0%	Aug 1, 2029	—	—	—
70917TVQ1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Aug 15, 2029	$21,735,000	Moody’s Aa1S&P AA+	—
70917SSA2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	5.0%	Aug 15, 2029	$1,940,000	Moody’s Aa3S&P AA	—
70917TTH4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS UNIVERSI…	5.0%	Aug 15, 2029	$1,710,000	—	—
70917SVY6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF REV BDS …	4.0%	Aug 15, 2029	$15,000,000	Moody’s Aa1S&P AA+	Aug. 15, 2026
70917S4Y6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV TAXABLE REF …	2.395%	Aug 15, 2029	$7,420,000	Moody’s Aa1S&P AA+	May 15, 2029
70917SYK3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HLTH SYS REF…	2.125%	Aug 15, 2029	$270,000	Moody’s Aa3S&P AA	Aug. 15, 2026
70917TCK5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Aug 15, 2029	$3,100,000	Moody’s Aa3S&P AA	—
70917TWC1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HEALTH SYS R…	5.0%	Aug 15, 2029	$6,350,000	Moody’s Aa3S&P AA	Aug. 15, 2029
70917SC43	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	5.0%	Aug 15, 2029	$5,610,000	Moody’s Aa1S&P AA+	Feb. 15, 2027
70917S6K4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS UNIVERSI…	5.0%	Aug 15, 2029	$13,900,000	Moody’s Aa3S&P AA	—
70917R4Z5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	5.0%	Aug 15, 2029	$3,645,000	Moody’s Aa3S&P AA	—
70917SR54	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HEALTH SYS B…	5.0%	Aug 15, 2029	$14,230,000	Moody’s Aa3S&P AA	Aug. 15, 2027
70917RS55	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	5.0%	Sep 1, 2029	$4,555,000	Moody’s Aa1S&P AA+	—
70917RUP8	UNIV OF PA-SER B	5.0%	Sep 1, 2029	$1,780,000	S&P AA+	—
70917SNS8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV FIXED RATE B…	5.0%	Sep 1, 2029	$1,985,000	S&P A	—
70917RN76	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	5.0%	Sep 1, 2029	$6,760,000	S&P AA+	—
70917RR80	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	4.7%	Sep 1, 2029	$1,180,000	Moody’s Aa1S&P AA+	—
70917SNF6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV FIXED RATE B…	3.375%	Sep 1, 2029	$500,000	S&P A	March 1, 2025
70917SQL0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Oct 1, 2029	$2,640,000	Moody’s Aa1S&P AA+	May 21, 2026
70917SPP2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Oct 1, 2029	$6,155,000	Moody’s Aa1S&P AA+	—
70917TSF9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS THOMAS J…	4.973%	Nov 1, 2029	$15,665,000	—	—
70917NGK4	ADJ-ASSOC INDPT COLLEGES-E5	0.0%	Nov 1, 2029	$10,700,000	—	—
70917SMU4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS SAIN…	5.0%	Nov 1, 2029	$2,690,000	Moody’s Baa1Fitch BBB	—
70917N8T4	YORK COLLEGE PA PROJ-SER EE 1	4.5%	Nov 1, 2029	$3,410,000	—	—
70917TEU1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS URSI…	5.0%	Nov 1, 2029	$1,155,000	S&P BBB	—
70917NC28	ASSN INDPT COLLEGES UNIVS FING	4.5%	Nov 1, 2029	$3,100,000	—	—
709174E51	VAR-REF-CARNEGIE MELLON UNIV-C	0.0%	Nov 1, 2029	$50,000,000	—	—
70917NGJ7	ADJ-ASSOC INDPT COLLEGES-E4	0.0%	Nov 1, 2029	$10,800,000	—	—
7091748H2	GWYNEDD MERCY COLLEGE	5.3%	Nov 1, 2029	$3,210,000	—	—
70917SML4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS SAIN…	3.125%	Nov 1, 2029	$2,250,000	Moody’s Baa1Fitch BBB	Nov. 1, 2025
70917NGD0	BRYN MAWR COLLEGE-NATL IBC	5.125%	Dec 1, 2029	—	—	—
70917RF75	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS BRYN…	4.0%	Dec 1, 2029	$1,100,000	Moody’s Aa2S&P AA+	—
70917NEK6	BRYN MAWR COLLEGE	5.125%	Dec 1, 2029	$9,625,000	—	—
70917S4R1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS BRYN MAW…	5.0%	Dec 1, 2029	$320,000	Moody’s Aa2S&P AA+	June 1, 2029
70917SKT9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS BRYN…	3.5%	Dec 1, 2029	$1,920,000	Moody’s Aa2S&P AA+	—
70917SEK5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS URSI…	5.0%	Jan 1, 2030	$2,360,000	S&P BBB	—
70917S3T8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV TRUSTEES UNI…	5.0%	Feb 15, 2030	$2,325,000	Moody’s Aa1S&P AA+	Feb. 15, 2028
70917RZH1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS THOM…	4.5%	Mar 1, 2030	$2,275,000	—	—
70917R8C2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS THOM…	5.0%	Mar 1, 2030	$1,835,000	S&P A	—
70917RB53	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS TEMP…	6.141%	Apr 1, 2030	$27,370,000	Moody’s Aa3S&P A+	—
70917SAT0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS TEMP…	5.0%	Apr 1, 2030	$6,815,000	Moody’s Aa3S&P A+	—
70917SJZ7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV MULTI MODE B…	1.0%	May 1, 2030	$7,300,000	—	—
70917TBD2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV TAXABLE BDS …	2.477%	May 1, 2030	$2,105,000	S&P AA	—
70917N3M4	VAR-DREXEL UNIV-SER B	0.0%	May 1, 2030	—	—	—
70917RSE6	VAR-DREXEL UNIV-SER B-BK BDS	0.0%	May 1, 2030	—	—	—
70917NGM0	LAFAYETTE COLLEGE PJ	6.0%	May 1, 2030	$22,290,000	—	—
70917TAK7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS DREXEL U…	5.0%	May 1, 2030	$6,295,000	S&P AA	—
70917SXM0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV REF BDS …	5.0%	May 1, 2030	$1,500,000	Moody’s A3	—
70917SU68	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS DREX…	5.0%	May 1, 2030	$4,775,000	Moody’s A3	Nov. 1, 2027
70917RTF2	VAR-DREXEL UNIV-B-RMK 10/01/08	0.0%	May 1, 2030	$30,525,000	—	—
70917TVB4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS DREX…	5.0%	May 1, 2030	$1,370,000	Moody’s Baa2S&P BBBB+	—
70917RTE5	—	—	May 1, 2030	$30,525,000	—	—
70917SBZ5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV REF BDS …	5.0%	May 1, 2030	$1,705,000	Moody’s A3	—
70917RMH5	DREXEL UNIV-SER A	4.5%	May 1, 2030	$570,000	—	—
7091748S8	PHILADELPHIA UNIV	6.1%	Jun 1, 2030	$3,500,000	—	—
70917RKM6	REF-PHILADELPHIA UNIV	5.0%	Jun 1, 2030	$10,045,000	—	—
70917SSZ7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS STAT…	3.25%	Jun 15, 2030	$1,620,000	Moody’s Aa3Fitch A+	June 15, 2025
70917SVA8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS AR (…	3.375%	Jun 15, 2030	$4,325,000	Moody’s Aa3Fitch A+	June 15, 2025
70917SP98	UNREFUNDED BALANCE-ST SYS	4.5%	Jun 15, 2030	$1,250,000	Fitch A+	—
70917THD6	PREREFUNDED-ST SYS HIGHER	5.0%	Jun 15, 2030	$135,000	—	—
70917TLL3	UNREFUNDED BALANCE-REF-ST SYS	5.0%	Jun 15, 2030	$5,800,000	S&P AA	—
70917THS3	UNREFUNDED BALANCE-ST SYS	5.0%	Jun 15, 2030	$10,590,000	—	June 15, 2026
70917RSB2	ST SYS HIGHER ED-SER AH	4.5%	Jun 15, 2030	$8,275,000	—	—
70917TPW5	UNREFUNDED BALANCE-ST SYS	4.0%	Jun 15, 2030	$1,790,000	—	June 15, 2027
70917TPH8	PREREFUNDED-ST SYS HIGHER	4.0%	Jun 15, 2030	$335,000	—	June 15, 2027
70917S2F9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS AV-1…	4.0%	Jun 15, 2030	$2,510,000	Moody’s Aa3Fitch A+	June 15, 2028
70917SH97	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS 2017…	4.0%	Jun 15, 2030	$2,125,000	Moody’s Aa3Fitch A+	June 15, 2027
70917TLD1	PREREFUNDED-REF-ST SYS HIGHER	5.0%	Jun 15, 2030	$665,000	S&P AA	—
70917SB28	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS AT-2…	3.0%	Jun 15, 2030	$1,030,000	Moody’s Aa3Fitch A+	June 15, 2026
70917TRC7	UNREFUNDED BALANCE-2024-REF	2.0%	Jun 15, 2030	$4,860,000	—	—
70917RVZ5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS 2009…	5.0%	Jun 15, 2030	$1,595,000	Fitch A+	—
70917S5S8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS PENN…	5.0%	Jun 15, 2030	$1,915,000	Moody’s Aa3Fitch A+	June 15, 2029
70917RJ30	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS 2010…	5.0%	Jun 15, 2030	$5,990,000	—	—
70917SN41	PREREFUNDED-ST SYS HIGHER	4.5%	Jun 15, 2030	$7,025,000	—	—
70917S3D3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV FEDERALLY TA…	3.95%	Jun 15, 2030	$4,345,000	Moody’s Aa3S&P AAFitch A+	June 15, 2028
70917TKS9	UNREFUNDED BALANCE-REF-ST SYS	5.0%	Jun 15, 2030	$650,000	—	June 15, 2029
70917TFP1	PREREFUNDED-ST SYS HIGHER	3.375%	Jun 15, 2030	$450,000	—	—
70917TLT6	PREREFUNDED-REF-TAXABLE-ST	2.0%	Jun 15, 2030	$1,115,000	S&P AA	—
70917SWW9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF REV BDS …	5.0%	Jun 15, 2030	$1,465,000	Moody’s Aa3Fitch A+	June 15, 2026
70917TNR8	UNREFUNDED BALANCE-2024-ST SYS	5.0%	Jun 15, 2030	$8,980,000	—	June 15, 2026
70917TKF7	PREREFUNDED-REF-ST SYS HIGHER	5.0%	Jun 15, 2030	$1,265,000	—	—
70917R2D6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS SERI…	5.0%	Jun 15, 2030	$6,615,000	Moody’s Aa3Fitch A+	—
70917TUA7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS BDS BA (…	5.0%	Jun 15, 2030	$1,020,000	—	—
70917S7L1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS REF BDS …	5.0%	Jun 15, 2030	$6,465,000	Moody’s Aa3S&P AAFitch A+	—
70917SF40	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF REV BDS …	4.0%	Jun 15, 2030	$3,895,000	Moody’s Aa3Fitch A+	June 15, 2027
70917TDH1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS TAXABLE …	3.0%	Jun 15, 2030	$5,115,000	Moody’s Aa3S&P AAFitch A+	—
70917TGJ4	UNREFUNDED BALANCE-ST SYS	3.375%	Jun 15, 2030	$3,875,000	—	July 18, 2025
70917TME8	UNREFUNDED BALANCE-REF	2.0%	Jun 15, 2030	$5,390,000	S&P AA	—
70917TBR1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV TAXABLE SYS …	2.0%	Jun 15, 2030	$6,505,000	Moody’s Aa3S&P AA	—
70917TQV6	PREREFUNDED-2024-REF	2.0%	Jun 15, 2030	$530,000	—	—
70917TND9	PREREFUNDED-2024-ST SYS HIGHER	5.0%	Jun 15, 2030	$1,610,000	—	June 15, 2026
70917SZL0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS BDS AT-1…	5.0%	Jun 15, 2030	$10,725,000	Moody’s Aa3Fitch A+	June 15, 2026
70917N5T7	SLIPPERY ROCK UNIV FNDTN-SER A	0.0%	Jul 1, 2030	—	—	—
70917NHM9	VAR-URSINUS COLLEGE	0.0%	Jul 1, 2030	$11,000,000	—	—
70917RC94	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS STUD…	5.8%	Jul 1, 2030	$15,170,000	—	—
709132AX2	SLIPPERY ROCK UNIV FNDTN-SER A	0.0%	Jul 1, 2030	—	—	—
70917SJN4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS WIDE…	5.0%	Jul 15, 2030	$4,840,000	S&P BBB	—
70917SLT8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS WIDE…	4.0%	Jul 15, 2030	$875,000	S&P BBB	July 15, 2024
70917N7T5	TRUSTEES UNIV PA-SER C	4.5%	Jul 15, 2030	$13,185,000	—	—
70917TEL1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS WIDENER …	2.789%	Jul 15, 2030	$2,930,000	S&P BBBFitch A-	—
70917RCD5	REF-UNIV PPTYS STUDENT HSG-A	4.5%	Aug 1, 2030	$6,245,000	Kroll AA	—
70917SVZ3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF REV BDS …	3.5%	Aug 15, 2030	$14,810,000	Moody’s Aa1S&P AA+	Aug. 15, 2026
70917R5A9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	5.0%	Aug 15, 2030	$3,755,000	Moody’s Aa3S&P AA	—
70917SYL1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HLTH SYS REF…	5.0%	Aug 15, 2030	$280,000	Moody’s Aa3S&P AA	Aug. 15, 2026
70917TCL3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Aug 15, 2030	$3,185,000	Moody’s Aa3S&P AA	—
70917SSB0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	3.25%	Aug 15, 2030	$1,760,000	Moody’s Aa3S&P AA	Aug. 15, 2025
70917TVR9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Aug 15, 2030	$22,075,000	Moody’s Aa1S&P AA+	—
70917S6L2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS UNIVERSI…	5.0%	Aug 15, 2030	$15,135,000	Moody’s Aa3S&P AA	Aug. 15, 2029
70917SC50	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	5.0%	Aug 15, 2030	$5,890,000	Moody’s Aa1S&P AA+	Feb. 15, 2027
70917TWD9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HEALTH SYS R…	5.0%	Aug 15, 2030	$265,000	Moody’s Aa3S&P AA	Aug. 15, 2030
70917SR62	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HEALTH SYS B…	5.0%	Aug 15, 2030	$14,635,000	Moody’s Aa3S&P AA	Aug. 15, 2027
70917S4Z3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV TAXABLE REF …	2.445%	Aug 15, 2030	$8,930,000	Moody’s Aa1S&P AA+	May 15, 2030
70917RP41	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	5.0%	Sep 1, 2030	$6,345,000	S&P AA+	—
70917RUQ6	UNIV OF PA-SER B	5.0%	Sep 1, 2030	$1,860,000	S&P AA+	—
70917RR98	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	5.0%	Sep 1, 2030	$6,030,000	Moody’s Aa1S&P AA+	—
70917SNG4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV FIXED RATE B…	5.0%	Sep 1, 2030	$2,515,000	S&P A	—
70917RN84	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	4.0%	Sep 1, 2030	$790,000	—	—
70917SDA8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS SHIP…	5.0%	Oct 1, 2030	$11,620,000	—	—
70917SQM8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Oct 1, 2030	$2,780,000	Moody’s Aa1S&P AA+	May 20, 2026
70917SPQ0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Oct 1, 2030	$6,460,000	Moody’s Aa1S&P AA+	—
70917TEV9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS URSI…	5.0%	Nov 1, 2030	$1,220,000	S&P BBB	—
70917RL45	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS SAIN…	4.25%	Nov 1, 2030	$860,000	Fitch A	—
70917TSG7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS THOMAS J…	5.041%	Nov 1, 2030	$11,180,000	—	—
70917SMM2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS SAIN…	3.25%	Nov 1, 2030	$2,500,000	Moody’s Baa1Fitch BBB	Nov. 1, 2025
70917RCQ6	SCRANTON UNIV-SER A	4.5%	Nov 1, 2030	$4,485,000	—	—
70917SMV2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS SAIN…	5.0%	Nov 1, 2030	$2,645,000	Moody’s Baa1Fitch BBB	Nov. 1, 2025
709174E69	VAR-REF-CARNEGIE MELLON UNIV-D	0.0%	Nov 1, 2030	$26,800,000	—	—
70917RL86	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS SAIN…	5.0%	Nov 1, 2030	$9,705,000	Fitch A	—
70917SKU6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS BRYN…	3.75%	Dec 1, 2030	$1,985,000	Moody’s Aa2S&P AA+	—
70917S4S9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS BRYN MAW…	5.0%	Dec 1, 2030	$1,490,000	Moody’s Aa2S&P AA+	June 1, 2029
70917SRJ4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS URSI…	3.5%	Jan 1, 2031	$695,000	S&P BBB	—
70917NJS4	UPMC HEALTH SYS-SER A	6.0%	Jan 15, 2031	$155,415,000	—	—
70917NU85	VAR-THOMAS JEFFERSON UNIV	0.0%	Feb 1, 2031	$48,450,000	—	—
70917RNZ4	VAR-THOMAS JEFFERSON UNIV-B	0.02%	Feb 1, 2031	$46,935,000	—	—
70917S3U5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV TRUSTEES UNI…	5.0%	Feb 15, 2031	$2,150,000	Moody’s Aa1S&P AA+	Feb. 15, 2028
70917R8D0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS THOM…	3.5%	Mar 1, 2031	$1,920,000	S&P A	—
70917RZJ7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS THOM…	4.625%	Mar 1, 2031	$2,415,000	—	—
70917REY7	TEMPLE UNIV-FIRST SER	4.5%	Apr 1, 2031	$31,325,000	—	—
70917SAU7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS TEMP…	5.0%	Apr 1, 2031	$7,155,000	Moody’s Aa3S&P A+	—
70917TVC2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS DREX…	5.0%	May 1, 2031	$5,100,000	Moody’s Baa2S&P BBBB+	—
70917NKB9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV VAR REV BDS …	0.12%	May 1, 2031	$5,100,000	Moody’s A3	May 5, 2026
70917SXN8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV REF BDS …	5.0%	May 1, 2031	$5,240,000	Moody’s A3	—
70917SY64	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS DREX…	5.0%	May 1, 2031	$1,575,000	Moody’s A3	—
70917NJY1	VAR-ASSN INDPT CLGS & UNIVS-H6	0.0%	May 1, 2031	$5,000,000	—	—
70917SCA9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV REF BDS …	5.0%	May 1, 2031	$1,710,000	Moody’s A3	—
70917RX59	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS DREX…	5.0%	May 1, 2031	$26,680,000	Moody’s A3	—
70917NJX3	VAR-ASSN INDPT CLGS & UNIVS-H5	0.18%	May 1, 2031	$8,500,000	—	—
70917SW82	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS DREX…	5.0%	May 1, 2031	$25,105,000	—	—
70917NJZ8	VAR-ASSN INDPT CLGS & UNIVS-H7	0.0%	May 1, 2031	$10,200,000	—	—
70917TAL5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS DREXEL U…	5.0%	May 1, 2031	$2,975,000	S&P AA	May 1, 2030
70917TBE0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV TAXABLE BDS …	2.577%	May 1, 2031	$2,080,000	S&P AA	May 1, 2030
70917NJA3	VAR-ST JOSEPHS UNIV-SER A	0.0%	May 1, 2031	$10,000,000	—	—
70917SU76	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS DREX…	5.0%	May 1, 2031	$4,985,000	Moody’s A3	Nov. 1, 2027
70917RYX7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	5.0%	May 15, 2031	$110,885,000	Fitch A	—
70917RV36	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS PHIL…	6.0%	Jun 1, 2031	$3,000,000	—	—
70917TPJ4	PREREFUNDED-ST SYS HIGHER	3.0%	Jun 15, 2031	$345,000	—	June 15, 2031
70917RWA9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS 2009…	5.0%	Jun 15, 2031	$1,670,000	Fitch A+	—
70917S5T6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS PENN…	4.0%	Jun 15, 2031	$2,020,000	Moody’s Aa3Fitch A+	June 15, 2029
70917TRD5	UNREFUNDED BALANCE-2024 REF	2.125%	Jun 15, 2031	$4,950,000	—	June 15, 2031
70917SGH0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS AO-2…	5.0%	Jun 15, 2031	$4,615,000	Moody’s Aa3Fitch A+	—
70917TPX3	UNREFUNDED BALANCE-ST SYS	3.0%	Jun 15, 2031	$1,885,000	—	June 15, 2031
70917TKT7	UNREFUNDED BALANCE-REF-ST SYS	4.0%	Jun 15, 2031	$685,000	—	June 15, 2029
70917TNS6	UNREFUNDED BALANCE-2024-ST SYS	5.0%	Jun 15, 2031	$9,425,000	—	June 15, 2026
70917TNE7	—	5.0%	Jun 15, 2031	$1,695,000	—	June 15, 2026
70917TUB5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS BDS BA (…	5.0%	Jun 15, 2031	$2,155,000	—	—
70917THE4	PREREFUNDED-ST SYS HIGHER	5.0%	Jun 15, 2031	$145,000	—	—
70917TBS9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV TAXABLE SYS …	2.125%	Jun 15, 2031	$6,635,000	Moody’s Aa3S&P AA	June 15, 2030
70917TQW4	PREREFUNDED-2024-REF	2.125%	Jun 15, 2031	$545,000	—	June 15, 2031
70917S3E1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV FEDERALLY TA…	4.0%	Jun 15, 2031	$4,510,000	Moody’s Aa3S&P AAFitch A+	June 15, 2028
70917TKG5	PREREFUNDED-REF-ST SYS HIGHER	4.0%	Jun 15, 2031	$1,335,000	—	—
70917SJ20	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS 2017…	3.0%	Jun 15, 2031	$2,230,000	Moody’s Aa3Fitch A+	June 15, 2027
70917TGK1	UNREFUNDED BALANCE-ST SYS	3.5%	Jun 15, 2031	$4,005,000	—	Dec. 20, 2025
70917THT1	UNREFUNDED BALANCE-ST SYS	5.0%	Jun 15, 2031	$11,120,000	—	June 15, 2026
70917TFQ9	PREREFUNDED-ST SYS HIGHER	3.5%	Jun 15, 2031	$465,000	—	—
70917TLU3	PREREFUNDED-REF-TAXABLE-ST	2.125%	Jun 15, 2031	$1,140,000	S&P AA	—
70917SVB6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS AR (…	3.5%	Jun 15, 2031	$4,470,000	Moody’s Aa3Fitch A+	June 15, 2025
70917S2G7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS AV-1…	4.0%	Jun 15, 2031	$2,615,000	Moody’s Aa3Fitch A+	June 15, 2028
70917SF57	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF REV BDS …	3.0%	Jun 15, 2031	$4,045,000	Moody’s Aa3Fitch A+	June 15, 2027
70917R2E4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS SERI…	4.5%	Jun 15, 2031	$6,945,000	Moody’s Aa3Fitch A+	—
70917TDJ7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS TAXABLE …	3.0%	Jun 15, 2031	$5,260,000	Moody’s Aa3S&P AAFitch A+	—
70917STA1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS STAT…	3.25%	Jun 15, 2031	$1,675,000	Moody’s Aa3Fitch A+	June 15, 2025
70917TMF5	—	2.125%	Jun 15, 2031	$5,495,000	—	June 15, 2030
70917SZM8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS BDS AT-1…	5.0%	Jun 15, 2031	$11,265,000	Moody’s Aa3Fitch A+	June 15, 2026
70917S7M9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS REF BDS …	5.0%	Jun 15, 2031	$3,565,000	Moody’s Aa3S&P AAFitch A+	June 15, 2030
70917RDV4	FNDTN IND UNIV STUDENT HSG-A	4.625%	Jul 1, 2031	$13,230,000	—	—
70917N5U4	SLIPPERY ROCK UNIV FNDTN-SER A	4.375%	Jul 1, 2031	$10,190,000	—	—
709132AY0	SLIPPERY ROCK UNIV FNDTN-SER A	5.0%	Jul 1, 2031	$10,460,000	—	—
70917NHZ0	VAR-THOMAS JEFFERSON UNIV	0.0%	Jul 1, 2031	$20,100,000	—	—
70917N2H6	WIDENER UNIV	5.0%	Jul 15, 2031	$4,155,000	—	—
70917NLV4	TEMPLE UNIV-FIRST SER	5.0%	Jul 15, 2031	$71,065,000	—	—
70917SLU5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS WIDE…	4.0%	Jul 15, 2031	$900,000	S&P BBB	July 15, 2024
70917TEM9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS WIDENER …	2.939%	Jul 15, 2031	$3,015,000	S&P BBBFitch A-	—
70917TCM1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Aug 15, 2031	$3,260,000	Moody’s Aa3S&P AA	—
70917SR70	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HEALTH SYS B…	5.0%	Aug 15, 2031	$14,945,000	Moody’s Aa3S&P AA	Aug. 15, 2027
70917TTJ0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS UNIVERSI…	5.0%	Aug 15, 2031	$1,450,000	—	—
70917TWE7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HEALTH SYS R…	5.0%	Aug 15, 2031	$7,185,000	Moody’s Aa3S&P AA	Aug. 15, 2031
70917SWA7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF REV BDS …	4.0%	Aug 15, 2031	$15,975,000	Moody’s Aa1S&P AA+	Aug. 15, 2026
70917SSC8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	5.0%	Aug 15, 2031	$1,690,000	Moody’s Aa3S&P AA	—
70917S5A7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV TAXABLE REF …	2.495%	Aug 15, 2031	$7,795,000	Moody’s Aa1S&P AA+	Aug. 15, 2031
70917R5C5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	5.0%	Aug 15, 2031	$3,860,000	Moody’s Aa3S&P AA	—
70917TWS6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HEALTH SYS R…	5.0%	Aug 15, 2031	$14,530,000	S&P AA	—
70917TVS7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Aug 15, 2031	$23,805,000	Moody’s Aa1S&P AA+	—
70917S6M0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS UNIVERSI…	5.0%	Aug 15, 2031	$16,405,000	Moody’s Aa3S&P AA	Aug. 15, 2029
70917SC68	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	5.0%	Aug 15, 2031	$6,180,000	Moody’s Aa1S&P AA+	Feb. 15, 2027
70917SYM9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HLTH SYS REF…	5.0%	Aug 15, 2031	$295,000	Moody’s Aa3S&P AA	Aug. 15, 2026
70917RUR4	UNIV OF PA-SER B	5.0%	Sep 1, 2031	$1,940,000	S&P AA+	—
70917SNT6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV FIXED RATE B…	5.0%	Sep 1, 2031	$2,085,000	S&P A	—
70917RHZ1	THOMAS JEFFERSON UNIV-SER B	4.25%	Sep 1, 2031	$6,715,000	—	—
70917SNH2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV FIXED RATE B…	3.5%	Sep 1, 2031	$1,750,000	S&P A	March 1, 2025
70917RS22	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	5.0%	Sep 1, 2031	$6,335,000	Moody’s Aa1S&P AA+	—
70917RN92	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	5.0%	Sep 1, 2031	$7,525,000	S&P AA+	—
70917R2H7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS STUD…	6.0%	Oct 1, 2031	$14,730,000	—	—
70917SQN6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Oct 1, 2031	$2,930,000	Moody’s Aa1S&P AA+	Oct. 1, 2025
70917SPR8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Oct 1, 2031	$6,340,000	Moody’s Aa1S&P AA+	—
70917SYV9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS AICU…	2.625%	Nov 1, 2031	$700,000	S&P BBB	May 1, 2026
70917SMN0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS SAIN…	3.25%	Nov 1, 2031	$2,500,000	Moody’s Baa1Fitch BBB	Nov. 1, 2025
70917TEW7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS URSI…	5.0%	Nov 1, 2031	$1,285,000	S&P BBB	—
70917NMC5	—	—	Nov 1, 2031	$3,500,000	—	—
70917TSH5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS THOMAS J…	5.141%	Nov 1, 2031	$5,995,000	—	—
70917NMD3	ASSN INDPT COLLEGES-SER I7	0.0%	Nov 1, 2031	$17,000,000	—	—
70917SMW0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS SAIN…	5.0%	Nov 1, 2031	$2,870,000	Moody’s Baa1Fitch BBB	Nov. 1, 2025
70917NLX0	ASSN INDPT COLLEGES-SER I	0.16%	Nov 1, 2031	$5,500,000	—	May 20, 2026
70917R2X2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS SAIN…	6.0%	Nov 1, 2031	$5,175,000	S&P BBB	—
70917NMA9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS ASSOC IN…	2.72%	Nov 1, 2031	$13,600,000	—	—
70917NU93	ARCS-UNIV SCIENCES PHILA-B	0.0%	Nov 1, 2031	$54,475,000	—	—
70917NLZ5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS ASSO…	2.2%	Nov 1, 2031	$10,000,000	—	—
70917S4T7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS BRYN MAW…	5.0%	Dec 1, 2031	$1,575,000	Moody’s Aa2S&P AA+	June 1, 2029
70917SKV4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS BRYN…	3.75%	Dec 1, 2031	$2,055,000	Moody’s Aa2S&P AA+	—
70917RJX4	UNREFUND BAL-THOMAS JEFFERSON	5.0%	Jan 1, 2032	$1,940,000	—	—
70917RJM8	PREREFUNDED-THOMAS JEFFERSON	5.0%	Jan 1, 2032	$4,095,000	—	—
70917NSX3	THOMAS JEFFERSON UNIV	5.0%	Jan 1, 2032	$6,035,000	—	—
70917S3V3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV TRUSTEES UNI…	3.25%	Feb 15, 2032	$2,485,000	Moody’s Aa1S&P AA+	Feb. 15, 2028
70917R8E8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS THOM…	5.0%	Mar 1, 2032	$2,000,000	S&P A	—
70917SAV5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS TEMP…	5.0%	Apr 1, 2032	$7,515,000	Moody’s Aa3S&P A+	—
70917RMW2	DREXEL UNIV COLLEGE MEDICINE	5.0%	May 1, 2032	$4,950,000	—	—
70917TAM3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS DREXEL U…	5.0%	May 1, 2032	$2,880,000	S&P AA	May 1, 2030
70917R7E9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS LA S…	4.0%	May 1, 2032	$8,860,000	S&P BBFitch BB+	Nov. 1, 2022
70917RLF0	ASSN INDPT COLLEGES & UNIV-GG5	5.125%	May 1, 2032	$4,085,000	Kroll AA	—
70917SXP3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV REF BDS …	5.0%	May 1, 2032	$5,755,000	Moody’s A3	—
70917SCB7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV REF BDS …	5.0%	May 1, 2032	$1,710,000	Moody’s A3	—
70917RTD7	VAR-DREXEL UNIV-SER B-RMKT	0.0%	May 1, 2032	—	—	—
70917SU84	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS DREX…	5.0%	May 1, 2032	$5,225,000	Moody’s A3	Nov. 1, 2027
70917TVD0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS DREX…	5.0%	May 1, 2032	$5,610,000	Moody’s Baa2S&P BBBB+	—
70917NMT8	VAR-UNIV SCIENCES-SER A	0.0%	May 1, 2032	$30,000,000	—	—
70917NMX9	VAR-AICUP PROG-SER J4	0.7%	May 1, 2032	$7,700,000	—	—
70917NTA2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV VAR REV BDS …	0.16%	May 1, 2032	$42,140,000	—	—
70917TBF7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV TAXABLE BDS …	2.677%	May 1, 2032	$2,040,000	S&P AA	May 1, 2030
70917NRR7	DREXEL UNIV-SER A	5.2%	May 1, 2032	$5,115,000	—	—
70917SDU4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF REV BDS …	5.0%	Jun 1, 2032	$8,645,000	—	—
70917NM35	PHILADELPHIA UNIV-SER A	5.25%	Jun 1, 2032	$14,750,000	—	—
70917TKU4	UNREFUNDED BALANCE-REF-ST SYS	4.0%	Jun 15, 2032	$720,000	—	June 15, 2029
70917TUC3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS BDS BA (…	5.0%	Jun 15, 2032	$2,265,000	—	—
70917TDK4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS TAXABLE …	2.1%	Jun 15, 2032	$5,415,000	Moody’s Aa3S&P AAFitch A+	June 15, 2031
70917TKH3	PREREFUNDED-REF-ST SYS HIGHER	4.0%	Jun 15, 2032	$1,385,000	—	—
70917TFR7	PREREFUNDED-ST SYS HIGHER	3.5%	Jun 15, 2032	$480,000	—	—
70917THU8	UNREFUNDED BALANCE-ST SYS	4.0%	Jun 15, 2032	$11,680,000	—	June 15, 2026
70917TPY1	UNREFUNDED BALANCE-ST SYS	3.0%	Jun 15, 2032	$1,955,000	—	June 15, 2032
70917TNF4	PREREFUNDED-2024-ST SYS HIGHER	4.0%	Jun 15, 2032	$1,780,000	—	June 15, 2026
70917RMC6	ST SYS HIGHER ED-SER AF	5.0%	Jun 15, 2032	$7,365,000	—	—
70917TGL9	UNREFUNDED BALANCE-ST SYS	3.5%	Jun 15, 2032	$4,145,000	—	June 15, 2025
70917STB9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS STAT…	3.5%	Jun 15, 2032	$1,725,000	Moody’s Aa3Fitch A+	June 15, 2025
70917SZN6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS BDS AT-1…	4.0%	Jun 15, 2032	$11,830,000	Moody’s Aa3Fitch A+	June 15, 2026
70917TNT4	UNREFUNDED BALANCE-2024-ST SYS	4.0%	Jun 15, 2032	$9,900,000	—	June 15, 2026
70917TMG3	UNREFUNDED	2.25%	Jun 15, 2032	$870,000	S&P AA	June 15, 2032
70917SF65	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF REV BDS …	3.0%	Jun 15, 2032	$4,170,000	Moody’s Aa3Fitch A+	June 15, 2027
70917TPK1	—	3.0%	Jun 15, 2032	$360,000	—	June 15, 2027
70917SVC4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS AR (…	3.5%	Jun 15, 2032	$4,625,000	Moody’s Aa3Fitch A+	June 15, 2025
70917SWX7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF REV BDS …	3.0%	Jun 15, 2032	$3,125,000	Moody’s Aa3Fitch A+	June 15, 2026
70917S3F8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV FEDERALLY TA…	4.05%	Jun 15, 2032	$4,695,000	Moody’s Aa3S&P AAFitch A+	June 15, 2028
70917S7N7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS REF BDS …	3.0%	Jun 15, 2032	$3,740,000	Moody’s Aa3S&P AAFitch A+	June 15, 2030
70917S5U3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS PENN…	4.0%	Jun 15, 2032	$2,105,000	Moody’s Aa3Fitch A+	June 15, 2029
70917SJ38	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS 2017…	3.0%	Jun 15, 2032	$2,315,000	Moody’s Aa3Fitch A+	June 15, 2027
70917TBT7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV TAXABLE SYS …	2.25%	Jun 15, 2032	$1,885,000	Moody’s Aa3S&P AA	June 15, 2030
70917S2H5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS AV-1…	4.0%	Jun 15, 2032	$2,715,000	Moody’s Aa3Fitch A+	June 15, 2028
70917TLV1	PREREFUNDED-REF-TAXABLE-ST	2.25%	Jun 15, 2032	$1,015,000	S&P AA	—
70917THF1	PREREFUNDED-ST SYS HIGHER	4.0%	Jun 15, 2032	$150,000	—	—
70917NMS0	SAVRS-SER B	0.0%	Jul 1, 2032	$50,300,000	—	—
70917RPX7	VAR-UNIV OF PA-SER A	0.0%	Jul 1, 2032	$46,060,000	—	—
70917N5M2	SLIPPERY ROCK UNIV FNDTN-SER A	0.0%	Jul 1, 2032	—	—	—
70917R4K8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS INDI…	5.0%	Jul 1, 2032	$6,995,000	—	—
709132AZ7	SLIPPERY ROCK UNIV FNDTN-SER A	0.0%	Jul 1, 2032	—	—	—
70917SLV3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS WIDE…	5.0%	Jul 15, 2032	$935,000	S&P BBB	July 15, 2024
70917SR88	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HEALTH SYS B…	3.125%	Aug 15, 2032	$14,710,000	Moody’s Aa3S&P AA	Aug. 15, 2027
70917TWF4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HEALTH SYS R…	5.0%	Aug 15, 2032	$295,000	Moody’s Aa3S&P AA	Aug. 15, 2032
70917SYN7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HLTH SYS REF…	5.0%	Aug 15, 2032	$310,000	Moody’s Aa3S&P AA	Aug. 15, 2026
70917S5B5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV TAXABLE REF …	2.565%	Aug 15, 2032	$16,150,000	Moody’s Aa1S&P AA+	Aug. 15, 2032
70917SWB5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF REV BDS …	4.0%	Aug 15, 2032	$8,725,000	Moody’s Aa1S&P AA+	Aug. 15, 2026
70917SSD6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	3.5%	Aug 15, 2032	$2,110,000	Moody’s Aa3S&P AA	Aug. 15, 2025
70917S6N8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS UNIVERSI…	5.0%	Aug 15, 2032	$17,790,000	Moody’s Aa3S&P AA	Aug. 15, 2029
70917TCN9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Aug 15, 2032	$3,340,000	Moody’s Aa3S&P AA	—
70917TVT5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Aug 15, 2032	$17,070,000	Moody’s Aa1S&P AA+	—
70917R5D3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	5.0%	Aug 15, 2032	$3,970,000	Moody’s Aa3S&P AA	—
70917SC76	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	5.0%	Aug 15, 2032	$6,490,000	Moody’s Aa1S&P AA+	Feb. 15, 2027
70917SNJ8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV FIXED RATE B…	5.0%	Sep 1, 2032	$7,090,000	S&P A	—
70917RUS2	UNIV OF PA-SER B	5.0%	Sep 1, 2032	$2,020,000	S&P AA+	—
70917RP25	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	4.0%	Sep 1, 2032	$7,900,000	—	—
70917SQP1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Oct 1, 2032	$3,075,000	Moody’s Aa1S&P AA+	May 20, 2026
70917SPS6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Oct 1, 2032	$6,655,000	Moody’s Aa1S&P AA+	—
70917RQU2	UNIV SCIENCES PHILADELPHIA	5.0%	Nov 1, 2032	$15,535,000	—	—
70917SBK8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS AICU…	4.0%	Nov 1, 2032	$11,010,000	—	—
70917SMP5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS SAIN…	3.25%	Nov 1, 2032	$5,570,000	Moody’s Baa1Fitch BBB	Nov. 1, 2025
70917TEX5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS URSI…	5.0%	Nov 1, 2032	$1,280,000	—	—
70917NSZ8	—	—	Nov 1, 2032	$9,700,000	—	—
70917RM85	VAR-ST JOSEPHS UNIV-SER B	0.0%	Nov 1, 2032	—	—	—
70917TSJ1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS THOMAS J…	5.212%	Nov 1, 2032	$11,805,000	—	—
70917SKW2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS BRYN…	3.75%	Dec 1, 2032	$2,135,000	Moody’s Aa2S&P AA+	—
70917S4U4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS BRYN MAW…	5.0%	Dec 1, 2032	$1,655,000	Moody’s Aa2S&P AA+	June 1, 2029
70917NNY6	VAR-REF-HOLY FAMILY COLLEGE-A	0.0%	Dec 1, 2032	$3,625,000	—	—
70917NNZ3	VAR-REF-HOLY FAMILY COLLEGE-B	0.0%	Dec 1, 2032	$9,805,000	—	—
70917R6A8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS URSI…	4.0%	Jan 1, 2033	$4,890,000	S&P BBB	—
70917NZQ0	URSINUS COLLEGE	5.125%	Jan 1, 2033	$13,525,000	—	—
70917R6G5	PREREFUNDED-URSINUS COLLEGE	5.125%	Jan 1, 2033	$7,440,000	S&P AA	—
70917SEL3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS URSI…	4.0%	Jan 1, 2033	$2,710,000	S&P BBB	—
70917R6N0	UNREFUNDED BALANCE-URSINUS	5.125%	Jan 1, 2033	$6,085,000	—	—
70917S3W1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV TRUSTEES UNI…	5.0%	Feb 15, 2033	$2,320,000	Moody’s Aa1S&P AA+	Feb. 15, 2028
70917SUK7	UNREFUNDED BALANCE-TEMPLE	0.0%	Apr 1, 2033	—	S&P A+	—
70917REZ4	TEMPLE UNIV-FIRST SER	5.0%	Apr 1, 2033	$34,225,000	—	—
70917NWN0	FORTIER II LLC-SER A	5.125%	Apr 1, 2033	$25,875,000	S&P AA	—
70917STV5	PREREFUNDED-TEMPLE UNIV-FIRST	0.0%	Apr 1, 2033	—	—	—
70917TVE8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS DREX…	5.0%	May 1, 2033	$14,655,000	Moody’s Baa2S&P BBBB+	May 1, 2033
70917SKB8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV MULTI MODE B…	4.5%	May 1, 2033	$10,365,000	—	April 30, 2026
70917NZZ0	MULTI-MODAL-DREXEL UNIV-SER B	0.0%	May 1, 2033	$23,000,000	—	—
70917SXQ1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV REF BDS …	5.0%	May 1, 2033	$14,810,000	Moody’s A3	—
70917SU92	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS DREX…	5.0%	May 1, 2033	$5,460,000	Moody’s A3	Nov. 1, 2027
70917S7P2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS REF BDS …	3.0%	Jun 15, 2033	$3,855,000	Moody’s Aa3S&P AAFitch A+	June 15, 2030
70917THG9	PREREFUNDED-ST SYS HIGHER	4.0%	Jun 15, 2033	$155,000	—	—
70917R2F1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS SERI…	4.375%	Jun 15, 2033	$3,925,000	Moody’s Aa3Fitch A+	—
70917SVD2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS AR (…	3.625%	Jun 15, 2033	$4,790,000	Moody’s Aa3Fitch A+	June 15, 2025
70917RSC0	ST SYS HIGHER ED-SER AH	5.0%	Jun 15, 2033	$13,930,000	—	—
70917SGJ6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS AO-2…	5.2%	Jun 15, 2033	$2,670,000	Moody’s Aa3Fitch A+	—
70917SJ46	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS 2017…	3.0%	Jun 15, 2033	$1,745,000	Moody’s Aa3Fitch A+	June 15, 2027
70917SZP1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS BDS AT-1…	4.0%	Jun 15, 2033	$12,310,000	Moody’s Aa3Fitch A+	June 15, 2026
70917TGM7	UNREFUNDED BALANCE-ST SYS	3.625%	Jun 15, 2033	$4,295,000	—	June 15, 2025
70917TPL9	PREREFUNDED-ST SYS HIGHER	3.0%	Jun 15, 2033	$165,000	—	June 15, 2033
70917SB36	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS AT-2…	3.125%	Jun 15, 2033	$3,285,000	Moody’s Aa3Fitch A+	June 15, 2033
70917SFR9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS AO-1…	4.25%	Jun 15, 2033	$2,680,000	Moody’s Aa3Fitch A+	—
70917TKJ9	PREREFUNDED-REF-ST SYS HIGHER	4.0%	Jun 15, 2033	$1,440,000	—	—
70917TNG2	PREREFUNDED-2024-ST SYS HIGHER	4.0%	Jun 15, 2033	$1,850,000	—	June 15, 2026
70917STC7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS STAT…	3.5%	Jun 15, 2033	$1,790,000	Moody’s Aa3Fitch A+	June 15, 2025
70917TPZ8	UNREFUNDED BALANCE-ST SYS	3.0%	Jun 15, 2033	$1,580,000	—	June 15, 2033
70917TUD1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS BDS BA (…	5.0%	Jun 15, 2033	$2,380,000	—	—
70917S3G6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV FEDERALLY TA…	4.1%	Jun 15, 2033	$4,885,000	Moody’s Aa3S&P AAFitch A+	June 15, 2028
70917SQ22	UNREFUNDED BALANCE-ST SYS	5.0%	Jun 15, 2033	$2,105,000	Fitch A+	—
70917S5V1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS PENN…	4.0%	Jun 15, 2033	$2,180,000	Moody’s Aa3Fitch A+	June 15, 2029
70917TNU1	UNREFUNDED BALANCE-2024-ST SYS	4.0%	Jun 15, 2033	$10,305,000	—	June 15, 2026
70917TDL2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS TAXABLE …	2.2%	Jun 15, 2033	$5,530,000	Moody’s Aa3S&P AAFitch A+	June 15, 2031
70917THV6	UNREFUNDED BALANCE-ST SYS	4.0%	Jun 15, 2033	$12,155,000	—	June 15, 2026
70917SWY5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF REV BDS …	3.0%	Jun 15, 2033	$1,630,000	Moody’s Aa3Fitch A+	June 15, 2026
70917TFS5	PREREFUNDED-ST SYS HIGHER	3.625%	Jun 15, 2033	$495,000	—	—
70917S2J1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS AV-1…	4.0%	Jun 15, 2033	$2,825,000	Moody’s Aa3Fitch A+	June 15, 2028
70917SN58	PREREFUNDED-ST SYS HIGHER	5.0%	Jun 15, 2033	$11,825,000	—	—
70917TKV2	UNREFUNDED BALANCE-REF-ST SYS	4.0%	Jun 15, 2033	$740,000	—	June 15, 2029
70917SF73	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF REV BDS …	3.0%	Jun 15, 2033	$4,295,000	Moody’s Aa3Fitch A+	June 15, 2027
709132BA1	SLIPPERY ROCK UNIV FNDTN-SER A	0.0%	Jul 1, 2033	—	—	—
70917NXG4	CLARION UNIV FNDTN INC-SER A	5.0%	Jul 1, 2033	$9,050,000	—	—
70917SEY5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV REF BDS …	4.0%	Jul 1, 2033	$5,210,000	S&P BB	—
70917NWF7	LOCK HAVEN UNIV FDTN STUDENT-A	5.0%	Jul 1, 2033	$9,695,000	—	—
70917N5V2	SLIPPERY ROCK UNIV FNDTN-SER A	0.0%	Jul 1, 2033	—	—	—
70917SLW1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS WIDE…	4.125%	Jul 15, 2033	$980,000	S&P BBB	July 15, 2024
70917SJL8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS WIDE…	5.25%	Jul 15, 2033	$8,270,000	S&P BBB	—
70917TCP4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Aug 15, 2033	$3,420,000	Moody’s Aa3S&P AA	Aug. 15, 2032
70917S5C3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV TAXABLE REF …	2.615%	Aug 15, 2033	$16,590,000	Moody’s Aa1S&P AA+	May 15, 2033
70917SWC3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF REV BDS …	4.0%	Aug 15, 2033	$7,030,000	Moody’s Aa1S&P AA+	Aug. 15, 2026
70917SYP2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HLTH SYS REF…	5.0%	Aug 15, 2033	$330,000	Moody’s Aa3S&P AA	Aug. 15, 2026
70917TWG2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HEALTH SYS R…	5.0%	Aug 15, 2033	$7,910,000	Moody’s Aa3S&P AA	Aug. 15, 2033
70917SC84	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	5.0%	Aug 15, 2033	$6,815,000	Moody’s Aa1S&P AA+	Feb. 15, 2027
70917TWT4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HEALTH SYS R…	5.0%	Aug 15, 2033	$14,990,000	S&P AA	—
70917S6P3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS UNIVERSI…	5.0%	Aug 15, 2033	$13,485,000	Moody’s Aa3S&P AA	Aug. 15, 2029
70917TTK7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS UNIVERSI…	5.0%	Aug 15, 2033	$5,555,000	—	—
70917TVU2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Aug 15, 2033	$15,880,000	Moody’s Aa1S&P AA+	—
70917SSE4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	5.0%	Aug 15, 2033	$5,810,000	Moody’s Aa3S&P AA	—
70917SR96	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HEALTH SYS B…	5.0%	Aug 15, 2033	$15,425,000	Moody’s Aa3S&P AA	Aug. 15, 2027
70917SHQ9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS HOLY…	6.25%	Sep 1, 2033	$9,205,000	Fitch BBB-	—
70917SNK5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV FIXED RATE B…	5.0%	Sep 1, 2033	$8,435,000	S&P A	—
70917RP33	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	4.0%	Sep 1, 2033	$8,245,000	—	—
70917SQQ9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Oct 1, 2033	$3,235,000	Moody’s Aa1S&P AA+	Oct. 1, 2025
70917SPT4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Oct 1, 2033	$6,990,000	Moody’s Aa1S&P AA+	—
70917SMQ3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS SAIN…	5.0%	Nov 1, 2033	$5,805,000	Moody’s Baa1Fitch BBB	Nov. 1, 2025
70917NC44	ASSN INDPT COLLEGES & UNIV-M-2	0.0%	Nov 1, 2033	$4,000,000	—	—
70917N8U1	YORK COLLEGE PA PROJ-SER EE 1	5.0%	Nov 1, 2033	$7,805,000	—	—
70917NYU2	LYCOMING COLLEGE-SER AA2	5.0%	Nov 1, 2033	$6,775,000	—	—
70917TSK8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS THOMAS J…	5.262%	Nov 1, 2033	$17,915,000	—	—
70917SGZ0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS SAIN…	5.0%	Nov 1, 2033	$2,365,000	Fitch A	—
70917NC51	ASSN INDPT COLLEGES & UNIV-M-3	0.08%	Nov 1, 2033	$9,200,000	—	—
70917NU51	UNIV SCIENCES PHILADELPHIA-A	4.75%	Nov 1, 2033	$9,620,000	—	—
70917NUS1	PHILA COLLEGE OSTEOPATHIC MED	4.625%	Dec 1, 2033	$4,260,000	—	—
70917SKX0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS BRYN…	4.0%	Dec 1, 2033	$2,215,000	Moody’s Aa2S&P AA+	—
70917NZX5	ARS-UPMC-SUBSER C-1	0.0%	Dec 1, 2033	$50,500,000	—	—
70917RNY7	VAR-THOMAS JEFFERSON UNIV-A	0.02%	Feb 1, 2034	$25,000,000	—	—
70917S3X9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV TRUSTEES UNI…	4.0%	Feb 15, 2034	$4,505,000	Moody’s Aa1S&P AA+	Feb. 15, 2028
70917SKA0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV MULTI MODE R…	2.0%	May 1, 2034	$8,400,000	—	—
70917NZT4	LA SALLE UNIV	5.5%	May 1, 2034	$24,080,000	S&P BB	—
70917N3B8	DREXEL UNIV-SER A	4.5%	May 1, 2034	$4,850,000	—	—
70917NK86	VAR-UNIV PA FING PROG-SER N2	0.09%	May 1, 2034	$3,000,000	—	—
70917NK78	VAR-UNIV PA FING PROG-SER N1	4.0%	May 1, 2034	$3,000,000	—	—
70917SXR9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV REF BDS …	5.0%	May 1, 2034	$16,645,000	Moody’s A3	—
70917SV26	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS DREX…	4.0%	May 1, 2034	$4,675,000	Moody’s A3	Nov. 1, 2027
70917TVF5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS DREX…	5.0%	May 1, 2034	$16,485,000	Moody’s Baa2S&P BBBB+	—
70917TKW0	UNREFUNDED BALANCE-REF-ST SYS	4.0%	Jun 15, 2034	$770,000	—	June 15, 2029
70917TPM7	PREREFUNDED-ST SYS HIGHER	3.0%	Jun 15, 2034	$165,000	—	June 15, 2034
70917SF81	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF REV BDS …	3.0%	Jun 15, 2034	$1,130,000	Moody’s Aa3Fitch A+	June 15, 2027
70917SZQ9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS BDS AT-1…	4.0%	Jun 15, 2034	$12,790,000	Moody’s Aa3Fitch A+	June 15, 2026
70917S2K8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS AV-1…	4.0%	Jun 15, 2034	$2,940,000	Moody’s Aa3Fitch A+	June 15, 2028
70917TFT3	PREREFUNDED-ST SYS HIGHER	3.75%	Jun 15, 2034	$515,000	—	—
70917TKK6	PREREFUNDED-REF-ST SYS HIGHER	4.0%	Jun 15, 2034	$1,495,000	—	—
70917THH7	PREREFUNDED-ST SYS HIGHER	4.0%	Jun 15, 2034	$160,000	—	—
70917TUE9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS BDS BA (…	5.0%	Jun 15, 2034	$2,500,000	—	—
70917TNH0	PREREFUNDED-2024-ST SYS HIGHER	4.0%	Jun 15, 2034	$1,925,000	—	June 15, 2026
70917THW4	UNREFUNDED BALANCE-ST SYS	4.0%	Jun 15, 2034	$12,630,000	—	June 15, 2026
70917TBU4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV TAXABLE SYS …	2.375%	Jun 15, 2034	$3,915,000	Moody’s Aa3S&P AA	June 15, 2030
70917SJ53	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS 2017…	3.0%	Jun 15, 2034	$1,815,000	Moody’s Aa3Fitch A+	June 15, 2027
70917STD5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS STAT…	3.5%	Jun 15, 2034	$1,855,000	Moody’s Aa3Fitch A+	June 15, 2025
70917RWB7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS 2009…	5.0%	Jun 15, 2034	$5,535,000	Fitch A+	—
70917TGN5	UNREFUNDED BALANCE-ST SYS	3.75%	Jun 15, 2034	$4,450,000	—	June 15, 2025
70917TQA2	UNREFUNDED BALANCE-ST SYS	3.0%	Jun 15, 2034	$1,650,000	—	June 15, 2034
70917SWZ2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF REV BDS …	3.0%	Jun 15, 2034	$1,680,000	Moody’s Aa3Fitch A+	June 15, 2026
70917TMH1	UNREFUNDED	2.375%	Jun 15, 2034	$1,805,000	S&P AA	June 15, 2034
70917S5W9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS PENN…	4.0%	Jun 15, 2034	$2,265,000	Moody’s Aa3Fitch A+	June 15, 2029
70917TNV9	UNREFUNDED BALANCE-2024-ST SYS	4.0%	Jun 15, 2034	$10,705,000	—	June 15, 2026
70917TDM0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS TAXABLE …	2.3%	Jun 15, 2034	$5,640,000	Moody’s Aa3S&P AAFitch A+	June 15, 2031
70917SVE0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS AR (…	3.75%	Jun 15, 2034	$4,965,000	Moody’s Aa3Fitch A+	June 15, 2025
70917S7Q0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS REF BDS …	2.0%	Jun 15, 2034	$3,205,000	Moody’s Aa3S&P AAFitch A+	June 15, 2030
70917TLW9	PREREFUNDED-REF-TAXABLE-ST	2.375%	Jun 15, 2034	$2,110,000	S&P AA	—
709132BB9	SLIPPERY ROCK UNIV FNDTN-SER A	0.0%	Jul 1, 2034	—	—	—
70917NL36	VAR-HONEYSUCKLE STUDENT HLDG-A	0.0%	Jul 1, 2034	$17,085,000	—	—
70917N5W0	SLIPPERY ROCK UNIV FNDTN-SER A	0.0%	Jul 1, 2034	—	—	—
70917SLX9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS WIDE…	4.125%	Jul 15, 2034	$1,010,000	S&P BBB	July 15, 2024
70917S5D1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV TAXABLE REF …	2.695%	Aug 15, 2034	$8,395,000	Moody’s Aa1S&P AA+	May 15, 2034
70917TWH0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HEALTH SYS R…	5.0%	Aug 15, 2034	$8,020,000	Moody’s Aa3S&P AA	Aug. 15, 2034
70917S6Q1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS UNIVERSI…	4.0%	Aug 15, 2034	$6,080,000	Moody’s Aa3S&P AA	Aug. 15, 2029
70917TVV0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Aug 15, 2034	$25,805,000	Moody’s Aa1S&P AA+	—
70917SC92	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	5.0%	Aug 15, 2034	$7,155,000	Moody’s Aa1S&P AA+	Feb. 15, 2027
70917SSF1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	5.0%	Aug 15, 2034	$6,100,000	Moody’s Aa3S&P AA	—
70917R5E1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	4.0%	Aug 15, 2034	$8,190,000	Moody’s Aa3S&P AA	—
70917SWD1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF REV BDS …	4.0%	Aug 15, 2034	$7,315,000	Moody’s Aa1S&P AA+	Aug. 15, 2026
70917TBW0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Aug 15, 2034	$4,490,000	Moody’s Aa3S&P AA	Aug. 15, 2031
70917SYQ0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HLTH SYS REF…	3.0%	Aug 15, 2034	$340,000	Moody’s Aa3S&P AA	Aug. 15, 2026
70917SS20	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HEALTH SYS B…	4.0%	Aug 15, 2034	$18,995,000	Moody’s Aa3S&P AA	Aug. 15, 2027
70917TCQ2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Aug 15, 2034	$3,495,000	Moody’s Aa3S&P AA	Aug. 15, 2032
70917TTL5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS UNIVERSI…	5.0%	Aug 15, 2034	$5,835,000	—	—
70917SNL3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV FIXED RATE B…	4.0%	Sep 1, 2034	$1,520,000	S&P A	March 1, 2025
70917SQR7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Oct 1, 2034	$12,555,000	Moody’s Aa1S&P AA+	Oct. 1, 2025
70917SPU1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Oct 1, 2034	$7,335,000	Moody’s Aa1S&P AA+	—
70917RM51	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS SAIN…	4.25%	Nov 1, 2034	$15,000,000	Fitch A	—
70917TSL6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS THOMAS J…	5.282%	Nov 1, 2034	$9,040,000	Moody’s A1S&P AAFitch A	—
70917NP24	VAR-ROSEMOMT COLLEGE PJ-SER O	0.0%	Nov 1, 2034	$5,500,000	—	—
70917NN91	ASSN INDPT COLLEGES & UNIVS-CC	4.7%	Nov 1, 2034	$2,300,000	Kroll AA	—
70917RM36	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS SAIN…	4.5%	Nov 1, 2034	$1,040,000	Fitch A	—
70917NL77	VAR-GWYNEDD-MERCY COLLEGE	2.75%	Nov 1, 2034	$12,000,000	—	—
70917RM44	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS SAIN…	5.0%	Nov 1, 2034	$12,010,000	Fitch A	—
70917SKY8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS BRYN…	4.0%	Dec 1, 2034	$2,305,000	Moody’s Aa2S&P AA+	—
70917TTB7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS UNIVERSI…	5.0%	Feb 15, 2035	$134,120,000	—	—
70917S3Y7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV TRUSTEES UNI…	3.375%	Feb 15, 2035	$4,165,000	Moody’s Aa1S&P AA+	Feb. 15, 2028
70917SAX1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS TEMP…	5.0%	Apr 1, 2035	$24,875,000	Moody’s Aa3S&P A+	—
70917TVG3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS DREX…	5.0%	May 1, 2035	$17,310,000	Moody’s Baa2S&P BBBB+	—
70917SV34	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS DREX…	5.0%	May 1, 2035	$4,870,000	Moody’s A3	Nov. 1, 2027
70917SXS7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV REF BDS …	5.0%	May 1, 2035	$17,480,000	Moody’s A3	—
70917N4Q4	MARYWOOD UNIV PROJ-SER B	4.8%	Jun 1, 2035	$8,720,000	Kroll AA	—
70917RAZ8	MARYWOOD UNIV PROJ-SER C	4.7%	Jun 1, 2035	$5,695,000	Kroll AA	—
70917RWZ4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV PHILADELPHIA…	0.0%	Jun 1, 2035	$12,300,000	—	—
70917RBG9	PHILADELPHIA UNIV	5.0%	Jun 1, 2035	$4,115,000	—	—
70917NM43	VAR-PHILADELPHIA UNIV-SER B	0.0%	Jun 1, 2035	$15,500,000	—	—
70917TDN8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS TAXABLE …	2.4%	Jun 15, 2035	$5,765,000	Moody’s Aa3S&P AAFitch A+	June 15, 2031
70917SVF7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS AR (…	3.75%	Jun 15, 2035	$5,150,000	Moody’s Aa3Fitch A+	June 15, 2025
70917TFU0	PREREFUNDED-ST SYS HIGHER	3.75%	Jun 15, 2035	$535,000	—	—
70917TNJ6	PREREFUNDED-2024-ST SYS HIGHER	4.0%	Jun 15, 2035	$2,000,000	—	June 15, 2026
70917SD75	REF-ST SYS-SER AS-BAM-TCRS	3.0%	Jun 15, 2035	$150,000	Moody’s Aa3S&P AA	June 15, 2026
70917SXA6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF REV BDS …	3.0%	Jun 15, 2035	$1,730,000	Moody’s Aa3Fitch A+	June 15, 2026
70917TPN5	PREREFUNDED-ST SYS HIGHER	3.0%	Jun 15, 2035	$170,000	—	June 15, 2035
70917RJ48	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS 2010…	5.0%	Jun 15, 2035	$11,380,000	—	—
70917THJ3	PREREFUNDED-ST SYS HIGHER	4.0%	Jun 15, 2035	$170,000	—	—
70917TNW7	UNREFUNDED BALANCE-2024-ST SYS	4.0%	Jun 15, 2035	$11,135,000	—	June 15, 2026
70917S2L6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS AV-1…	3.5%	Jun 15, 2035	$3,055,000	Moody’s Aa3Fitch A+	June 15, 2028
70917S5X7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS PENN…	2.25%	Jun 15, 2035	$790,000	Moody’s Aa3Fitch A+	June 15, 2029
70917THX2	—	4.0%	Jun 15, 2035	$13,135,000	—	June 15, 2026
70917SJ61	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS 2017…	3.0%	Jun 15, 2035	$1,885,000	Moody’s Aa3Fitch A+	June 15, 2027
70917TQB0	UNREFUNDED BALANCE-ST SYS	3.0%	Jun 15, 2035	$1,715,000	—	June 15, 2035
70917STE3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS STAT…	3.625%	Jun 15, 2035	$1,915,000	Moody’s Aa3Fitch A+	June 15, 2025
70917TGP0	UNREFUNDED BALANCE-ST SYS	3.75%	Jun 15, 2035	$4,615,000	—	June 15, 2025
70917SZR7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS BDS AT-1…	4.0%	Jun 15, 2035	$13,305,000	Moody’s Aa3Fitch A+	June 15, 2026
70917TUF6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS BDS BA (…	5.0%	Jun 15, 2035	$2,625,000	Moody’s Aa3Fitch A+	—
70917SF99	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF REV BDS …	3.125%	Jun 15, 2035	$1,165,000	Moody’s Aa3Fitch A+	June 15, 2027
70917S7R8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS REF BDS …	2.0%	Jun 15, 2035	$3,155,000	Moody’s Aa3S&P AAFitch A+	June 15, 2030
709132BC7	SLIPPERY ROCK UNIV FNDTN-SER A	0.0%	Jul 1, 2035	—	—	—
70917N5X8	SLIPPERY ROCK UNIV FNDTN-SER A	0.0%	Jul 1, 2035	—	—	—
70917SHB2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS WIDE…	5.5%	Jul 15, 2035	$1,235,000	S&P BBB	—
70917N7U2	TRUSTEES UNIV PA-SER C	4.75%	Jul 15, 2035	$39,050,000	—	—
70917NL51	VAR-UNIV PPTYS STUDENT HSG-A	0.0%	Aug 1, 2035	$26,895,000	—	—
70917RCE3	REF-UNIV PPTYS STUDENT HSG-A	5.0%	Aug 1, 2035	$7,870,000	Kroll AA	—
70917SD26	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	5.0%	Aug 15, 2035	$7,515,000	Moody’s Aa1S&P AA+	Feb. 15, 2027
70917TBX8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Aug 15, 2035	$5,655,000	Moody’s Aa3S&P AA	Aug. 15, 2031
70917TTM3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS UNIVERSI…	5.0%	Aug 15, 2035	$6,140,000	—	—
70917S6R9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS UNIVERSI…	4.0%	Aug 15, 2035	$5,110,000	Moody’s Aa3S&P AA	Aug. 15, 2029
70917TVW8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Aug 15, 2035	$27,075,000	Moody’s Aa1S&P AA+	—
70917TCR0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Aug 15, 2035	$3,580,000	—	Aug. 15, 2032
70917SS38	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HEALTH SYS B…	4.0%	Aug 15, 2035	$20,135,000	Moody’s Aa3S&P AA	Aug. 15, 2027
70917SWE9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF REV BDS …	4.0%	Aug 15, 2035	$7,615,000	Moody’s Aa1S&P AA+	Aug. 15, 2026
70917SYR8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HLTH SYS REF…	3.0%	Aug 15, 2035	$350,000	Moody’s Aa3S&P AA	Aug. 15, 2026
70917SSG9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	5.0%	Aug 15, 2035	$6,420,000	Moody’s Aa3S&P AA	—
70917SNM1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV FIXED RATE B…	4.0%	Sep 1, 2035	$2,440,000	S&P A	March 1, 2025
70917RDD4	ARCS-UNIV OF THE ARTS-SER B	0.0%	Sep 15, 2035	$8,500,000	—	—
70917SQV8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	3.677%	Oct 1, 2035	$8,020,000	Moody’s Aa1S&P AA+	—
70917SDB6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS SHIP…	5.0%	Oct 1, 2035	$11,135,000	—	—
70917SQS5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Oct 1, 2035	$13,150,000	Moody’s Aa1S&P AA+	Oct. 1, 2025
70917RCR4	SCRANTON UNIV-SER A	5.0%	Nov 1, 2035	$13,325,000	—	—
70917TSM4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS THOMAS J…	5.312%	Nov 1, 2035	$10,250,000	—	—
70917R2W4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS AICU…	5.0%	Nov 1, 2035	$5,000,000	S&P BBB	—
70917SLB7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS BRYN…	4.0%	Dec 1, 2035	$2,395,000	Moody’s Aa2S&P AA+	—
70917SRK1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS URSI…	4.0%	Jan 1, 2036	$7,685,000	S&P BBB	—
70917RFA8	TEMPLE UNIV-FIRST SER	4.5%	Apr 1, 2036	$57,435,000	—	—
70917SV42	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS DREX…	4.0%	May 1, 2036	$5,105,000	Moody’s A3	Nov. 1, 2027
70917SY72	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS DREX…	5.125%	May 1, 2036	$1,545,000	Moody’s A3	—
70917SXT5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV REF BDS …	4.0%	May 1, 2036	$18,355,000	Moody’s A3	—
70917TVH1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS DREX…	5.0%	May 1, 2036	$18,180,000	Moody’s Baa2S&P BBB+	May 1, 2036
70917SW90	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS DREX…	5.125%	May 1, 2036	$24,645,000	—	—
70917RX67	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS DREX…	5.125%	May 1, 2036	$26,190,000	Moody’s A3	—
70917R2G9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS SERI…	4.5%	Jun 15, 2036	$6,560,000	Moody’s Aa3Fitch A+	—
70917THY0	UNREFUNDED BALANCE-ST SYS	4.0%	Jun 15, 2036	$13,660,000	—	June 15, 2026
70917TUG4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS BDS BA (…	5.0%	Jun 15, 2036	$2,755,000	—	June 15, 2035
70917TNX5	UNREFUNDED BALANCE-2024-ST SYS	4.0%	Jun 15, 2036	$11,580,000	—	June 15, 2026
70917S4G5	REF-ST SYS-SER AV-1-BAM-TCRS	3.625%	Jun 15, 2036	$450,000	Moody’s Aa3S&P AA	June 15, 2028
70917SJ79	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS 2017…	3.0%	Jun 15, 2036	$1,965,000	Moody’s Aa3Fitch A+	June 15, 2027
70917TGQ8	UNREFUNDED BALANCE-ST SYS	4.0%	Jun 15, 2036	$4,785,000	—	June 15, 2025
70917SG23	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF REV BDS …	3.125%	Jun 15, 2036	$1,200,000	Moody’s Aa3Fitch A+	June 15, 2027
70917STF0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS STAT…	3.75%	Jun 15, 2036	$1,985,000	Moody’s Aa3Fitch A+	June 15, 2025
70917THK0	—	4.0%	Jun 15, 2036	$175,000	—	—
70917TMJ7	UNREFUNDED	2.5%	Jun 15, 2036	$1,890,000	S&P AA	June 15, 2030
70917S7S6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS REF BDS …	2.0%	Jun 15, 2036	$3,125,000	Moody’s Aa3S&P AAFitch A+	June 15, 2030
70917SB44	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS AT-2…	3.2%	Jun 15, 2036	$3,605,000	Moody’s Aa3Fitch A+	June 15, 2026
70917TQC8	UNREFUNDED BALANCE-ST SYS	3.0%	Jun 15, 2036	$1,790,000	—	June 15, 2036
70917SVG5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS AR (…	4.0%	Jun 15, 2036	$5,340,000	Moody’s Aa3Fitch A+	June 15, 2025
70917S2M4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS AV-1…	3.625%	Jun 15, 2036	$3,165,000	Moody’s Aa3Fitch A+	June 15, 2028
70917SZS5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS BDS AT-1…	4.0%	Jun 15, 2036	$13,835,000	Moody’s Aa3Fitch A+	June 15, 2026
70917TLX7	PREREFUNDED-REF-TAXABLE-ST	2.5%	Jun 15, 2036	$2,215,000	S&P AA	—
70917TBV2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV TAXABLE SYS …	2.5%	Jun 15, 2036	$4,105,000	Moody’s Aa3S&P AA	June 15, 2030
70917TPP0	—	3.0%	Jun 15, 2036	$175,000	—	June 15, 2027
70917TNK3	PREREFUNDED-2024-ST SYS HIGHER	4.0%	Jun 15, 2036	$2,080,000	—	June 15, 2026
70917S5Y5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS PENN…	2.375%	Jun 15, 2036	$810,000	Moody’s Aa3Fitch A+	June 15, 2029
70917TDP3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS TAXABLE …	2.5%	Jun 15, 2036	$5,900,000	Moody’s Aa3S&P AAFitch A+	June 15, 2031
70917TFV8	PREREFUNDED-ST SYS HIGHER	4.0%	Jun 15, 2036	$555,000	—	—
70917SXB4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF REV BDS …	3.0%	Jun 15, 2036	$1,785,000	Moody’s Aa3Fitch A+	June 15, 2026
709132BD5	SLIPPERY ROCK UNIV FNDTN-SER A	0.0%	Jul 1, 2036	—	—	—
70917N5Y6	SLIPPERY ROCK UNIV FNDTN-SER A	0.0%	Jul 1, 2036	—	—	—
70917RHB4	SAVRS-ST JOSEPHS UNIV	0.0%	Jul 15, 2036	$40,000,000	—	—
70917NXW9	WIDENER UNIV	5.4%	Jul 15, 2036	$19,760,000	—	—
70917TEN7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS WIDENER …	3.364%	Jul 15, 2036	$18,485,000	S&P BBBFitch A-	—
70917SYS6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HLTH SYS REF…	3.0%	Aug 15, 2036	$360,000	Moody’s Aa3S&P AA	Aug. 15, 2036
70917TCS8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	4.0%	Aug 15, 2036	$3,640,000	Moody’s Aa3S&P AA	Aug. 15, 2032
70917TWJ6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HEALTH SYS R…	5.0%	Aug 15, 2036	$6,145,000	Moody’s Aa3S&P AA	Aug. 15, 2036
70917SWF6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF REV BDS …	4.0%	Aug 15, 2036	$7,865,000	Moody’s Aa1S&P AA+	Aug. 15, 2026
70917TTN1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS UNIVERSI…	5.0%	Aug 15, 2036	$6,455,000	—	Aug. 15, 2035
70917TBY6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Aug 15, 2036	$5,945,000	Moody’s Aa3S&P AA	Aug. 15, 2031
70917SD34	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	5.0%	Aug 15, 2036	$7,890,000	Moody’s Aa1S&P AA+	Feb. 15, 2027
70917SS46	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HEALTH SYS B…	4.0%	Aug 15, 2036	$23,145,000	Moody’s Aa3S&P AA	Aug. 15, 2027
70917S6S7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS UNIVERSI…	4.0%	Aug 15, 2036	$5,685,000	Moody’s Aa3S&P AA	Aug. 15, 2029
70917TVX6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Aug 15, 2036	$55,615,000	Moody’s Aa1S&P AA+	—
70917SPW7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Oct 1, 2036	$7,550,000	Moody’s Aa1S&P AA+	—
70917TSN2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS THOMAS J…	5.342%	Nov 1, 2036	$20,165,000	—	—
70917SMR1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS SAIN…	5.0%	Nov 1, 2036	$19,270,000	Moody’s Baa1Fitch BBB	Nov. 1, 2025
70917SYW7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS AICU…	3.0%	Nov 1, 2036	$975,000	S&P BBB	May 1, 2026
70917NU69	UNIV SCIENCES PHILADELPHIA-A	5.0%	Nov 1, 2036	$16,315,000	—	—
70917R8F5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS THOM…	4.0%	Mar 1, 2037	$7,965,000	S&P A	—
70917RNQ4	VAR-LA SALLE UNIV-SER B	0.0%	May 1, 2037	$47,065,000	—	—
70917RMF9	—	—	May 1, 2037	$19,900,000	—	—
70917RTG0	VAR-LA SALLE UNIV-SER B-BK BD	0.0%	May 1, 2037	—	—	—
70917RNP6	MULTI-MODAL-DREXEL UNIV-SER B	0.13%	May 1, 2037	$30,000,000	—	—
70917SV59	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS DREX…	5.0%	May 1, 2037	$5,315,000	Moody’s A3	Nov. 1, 2027
70917RMJ1	DREXEL UNIV-SER A	5.0%	May 1, 2037	$91,765,000	—	—
70917R7F6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS LA S…	5.0%	May 1, 2037	$19,940,000	S&P BBFitch BB+	Nov. 1, 2022
70917SXU2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV REF BDS …	3.0%	May 1, 2037	$19,080,000	Moody’s A3	May 1, 2021
70917RNN1	LASALLE UNIV-SER A	5.0%	May 1, 2037	$21,100,000	—	—
70917RMX0	DREXEL UNIV COLLEGE MEDICINE	5.0%	May 1, 2037	$6,320,000	—	—
70917RV44	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS PHIL…	6.0%	Jun 1, 2037	$4,405,000	—	—
70917TDQ1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS TAXABLE …	2.55%	Jun 15, 2037	$6,035,000	Moody’s Aa3S&P AAFitch A+	June 15, 2031
70917TUH2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS BDS BA (…	5.0%	Jun 15, 2037	$2,890,000	—	June 15, 2035
70917S7T4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS REF BDS …	2.0%	Jun 15, 2037	$3,190,000	Moody’s Aa3S&P AAFitch A+	June 15, 2030
70917TQD6	UNREFUNDED BALANCE-ST SYS	3.125%	Jun 15, 2037	$1,865,000	—	June 15, 2037
70917SJ87	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS 2017…	3.125%	Jun 15, 2037	$2,045,000	Moody’s Aa3Fitch A+	June 15, 2027
70917S2N2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS AV-1…	3.75%	Jun 15, 2037	$3,280,000	Moody’s Aa3Fitch A+	June 15, 2028
70917RMD4	ST SYS HIGHER ED-SER AF	5.0%	Jun 15, 2037	$9,395,000	—	—
70917S5Z2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS PENN…	2.5%	Jun 15, 2037	$825,000	Moody’s Aa3Fitch A+	June 15, 2029
70917SG31	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF REV BDS …	3.25%	Jun 15, 2037	$1,240,000	Moody’s Aa3Fitch A+	June 15, 2027
70917SXC2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF REV BDS …	3.0%	Jun 15, 2037	$1,835,000	Moody’s Aa3Fitch A+	June 15, 2026
70917TPQ8	—	3.125%	Jun 15, 2037	$180,000	—	June 15, 2027
709132BE3	SLIPPERY ROCK UNIV FNDTN-SER A	0.0%	Jul 1, 2037	—	—	—
70917N5N0	SLIPPERY ROCK UNIV FNDTN-SER A	5.0%	Jul 1, 2037	$25,155,000	—	—
70917TCT6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	4.0%	Aug 15, 2037	$3,680,000	Moody’s Aa3S&P AA	Aug. 15, 2037
70917TWK3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HEALTH SYS R…	5.0%	Aug 15, 2037	$6,490,000	Moody’s Aa3S&P AA	Aug. 15, 2036
70917TWU1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HEALTH SYS R…	5.0%	Aug 15, 2037	$23,350,000	S&P AA	—
70917TVY4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Aug 15, 2037	$9,350,000	Moody’s Aa1S&P AA+	—
70917TBZ3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Aug 15, 2037	$6,255,000	Moody’s Aa3S&P AA	Aug. 15, 2031
70917SS53	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HEALTH SYS B…	5.0%	Aug 15, 2037	$23,810,000	Moody’s Aa3S&P AA	Aug. 15, 2027
70917TTP6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS UNIVERSI…	5.0%	Aug 15, 2037	$6,780,000	—	Aug. 15, 2035
70917S6T5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS UNIVERSI…	4.0%	Aug 15, 2037	$6,260,000	Moody’s Aa3S&P AA	Aug. 15, 2029
70917RTC9	VAR-ST JOSEPH UNIV-SER C BK BD	0.0%	Nov 1, 2037	—	—	—
70917RQV0	UNIV SCIENCES PHILADELPHIA	5.0%	Nov 1, 2037	$8,745,000	—	—
70917RSF3	VAR-ST JOSEPHS UNIV-SER B	0.0%	Nov 1, 2037	$80,300,000	—	—
70917TSP7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS THOMAS J…	5.362%	Nov 1, 2037	$15,640,000	—	—
70917RTB1	VAR-ST JOSEPH UNIV-SER B BK BD	0.0%	Nov 1, 2037	—	—	—
70917TRL7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS THOMAS J…	5.25%	Nov 1, 2037	$10,120,000	—	Nov. 1, 2034
70917RSG1	VAR-ST JOSEPHS UNIV-SER C	0.0%	Nov 1, 2037	$15,195,000	—	—
70917RKE4	BRYN MAWR COLLEGE	5.0%	Dec 1, 2037	$22,170,000	—	—
70917SDW0	VAR-UNIV PA HLTH SYS-SER A-BK	0.0%	Jan 1, 2038	—	—	May 5, 2026
70917RPY5	VAR-UNIV PA HLTH SYS-SER A	0.11%	Jan 1, 2038	$105,805,000	Moody’s Aa1S&P AA+	May 6, 2026
70917TAN1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS DREXEL U…	5.0%	May 1, 2038	$13,900,000	S&P AA	May 1, 2030
70917TVJ7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS DREX…	5.25%	May 1, 2038	$2,255,000	Moody’s Baa2S&P BBBB+	May 1, 2036
70917SFS7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS AO-1…	4.5%	Jun 15, 2038	$3,310,000	Moody’s Aa3Fitch A+	—
70917S6A6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS PENN…	3.0%	Jun 15, 2038	$850,000	Moody’s Aa3Fitch A+	June 15, 2029
70917TUJ8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS BDS BA (…	5.0%	Jun 15, 2038	$3,040,000	—	June 15, 2035
70917S7U1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS REF BDS …	2.0%	Jun 15, 2038	$3,255,000	Moody’s Aa3S&P AAFitch A+	June 15, 2030
70917TDR9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS TAXABLE …	2.6%	Jun 15, 2038	$6,180,000	Moody’s Aa3S&P AAFitch A+	June 15, 2038
70917TFW6	PREREFUNDED-ST SYS HIGHER	4.0%	Jun 15, 2038	$1,175,000	—	—
70917S2P7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS AV-1…	3.75%	Jun 15, 2038	$3,400,000	Moody’s Aa3Fitch A+	June 15, 2028
70917SJ95	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS 2017…	3.125%	Jun 15, 2038	$450,000	Moody’s Aa3Fitch A+	June 15, 2027
70917TGR6	UNREFUNDED BALANCE-ST SYS	4.0%	Jun 15, 2038	$10,160,000	—	May 21, 2026
70917RSD8	ST SYS HIGHER ED-SER AH	4.75%	Jun 15, 2038	$5,770,000	—	—
70917SG49	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF REV BDS …	3.25%	Jun 15, 2038	$1,280,000	Moody’s Aa3Fitch A+	June 15, 2027
70917SVH3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS AR (…	4.0%	Jun 15, 2038	$11,335,000	Moody’s Aa3Fitch A+	May 21, 2026
70917RVB8	VAR-STUDENT ASSN INC HSG PJ-A-	0.0%	Jul 1, 2038	—	—	—
70917RM69	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV VAR REV BDS …	0.0%	Jul 1, 2038	$40,895,000	—	—
70917R2T1	VAR-STUDENT ASSN INC-A-1-RMKT	6.25%	Jul 1, 2038	$40,335,000	—	—
70917R3L7	CUSTODIAL RCPTS-SER DBE-1021-B	6.25%	Jul 1, 2038	$40,335,000	—	July 1, 2026
70917RD28	EDINBORO UNIV FNDTN	0.0%	Jul 1, 2038	—	—	—
709132BF0	SLIPPERY ROCK UNIV FNDTN-SER A	0.0%	Jul 1, 2038	—	—	—
70917R3G8	SPEARS-SER DBE-1021	0.0%	Jul 1, 2038	—	—	—
70917N4R2	VAR-STUDENT ASSN HSG PJ-SER A	0.0%	Jul 1, 2038	$60,820,000	—	—
70917RFB6	VAR-STUDENT ASSN INC HSG PJ-A	0.0%	Jul 1, 2038	$84,425,000	—	—
70917RNV3	EDINBORO UNIV FNDTN STUD HSG	5.875%	Jul 1, 2038	$24,080,000	—	—
70917R3K9	CUSTODIAL RCPTS-SER DBE-1021-A	6.25%	Jul 1, 2038	$40,335,000	—	July 1, 2026
70917R2U8	VAR-STUDENT ASSN INC-A-2-RMKT	6.25%	Jul 1, 2038	$40,335,000	—	—
70917RM77	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV VAR REV BDS …	0.0%	Jul 1, 2038	$40,895,000	—	—
70917RXB6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV VAR REV BDS …	0.0%	Jul 1, 2038	$82,625,000	—	—
70917RQX6	DRIVERS-SER 2844	0.0%	Jul 15, 2038	—	—	—
70917SLY7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS WIDE…	5.0%	Jul 15, 2038	$4,900,000	S&P BBB	July 15, 2024
70917RQW8	PUTTERS-SER 2844	0.0%	Jul 15, 2038	—	—	—
70917SJM6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS WIDE…	5.5%	Jul 15, 2038	$16,770,000	S&P BBB	—
70917N7V0	TRUSTEES UNIV PA-SER C	5.0%	Jul 15, 2038	$31,625,000	—	—
70917SHC0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS WIDE…	5.5%	Jul 15, 2038	$2,130,000	S&P BBB	—
70917RTA3	VAR-HOLY FAMILY UNIV PROJ	0.0%	Aug 1, 2038	$20,000,000	—	—
70917S6U2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS UNIVERSI…	4.0%	Aug 15, 2038	$6,910,000	Moody’s Aa3S&P AA	Aug. 15, 2029
70917TWL1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HEALTH SYS R…	5.0%	Aug 15, 2038	$6,835,000	Moody’s Aa3S&P AA	Aug. 15, 2036
70917TCU3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	4.0%	Aug 15, 2038	$4,290,000	Moody’s Aa3S&P AA	Aug. 15, 2032
70917TVZ1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Aug 15, 2038	$9,780,000	Moody’s Aa1S&P AA+	—
70917TWV9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HEALTH SYS R…	5.0%	Aug 15, 2038	$12,425,000	S&P AA	Aug. 15, 2037
70917TTQ4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS UNIVERSI…	5.0%	Aug 15, 2038	$7,135,000	—	Aug. 15, 2035
70917TCA7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Aug 15, 2038	$6,570,000	Moody’s Aa3S&P AA	Aug. 15, 2031
70917SHR7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS HOLY…	6.5%	Sep 1, 2038	$4,195,000	Fitch BBB-	—
70917SQT3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	4.0%	Oct 1, 2038	$28,595,000	Moody’s Aa1S&P AA+	Oct. 1, 2025
70917TRM5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS THOMAS J…	5.25%	Nov 1, 2038	$28,725,000	—	Nov. 1, 2034
70917SLA9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS BRYN…	5.0%	Dec 1, 2038	$7,860,000	Moody’s Aa2S&P AA+	—
70917TVK4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS DREX…	5.25%	May 1, 2039	$2,375,000	Moody’s Baa2S&P BBBB+	May 1, 2036
70917TAP6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS DREXEL U…	5.0%	May 1, 2039	$14,590,000	S&P AA	May 1, 2030
70917RWC5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS 2009…	5.0%	Jun 15, 2039	$1,270,000	—	—
70917TDS7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS TAXABLE …	2.65%	Jun 15, 2039	$6,340,000	S&P AA	June 15, 2031
70917SK28	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS 2017…	3.125%	Jun 15, 2039	$465,000	Moody’s Aa3Fitch A+	June 15, 2027
70917S6B4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS PENN…	3.0%	Jun 15, 2039	$880,000	Moody’s Aa3Fitch A+	June 15, 2029
70917S7V9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS REF BDS …	2.125%	Jun 15, 2039	$3,320,000	Moody’s Aa3S&P AAFitch A+	June 15, 2030
70917TUK5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS BDS BA (…	5.0%	Jun 15, 2039	$3,190,000	—	June 15, 2035
70917RDW2	FNDTN IND UNIV STUDENT HSG-A	5.125%	Jul 1, 2039	$21,630,000	—	—
70917RKD6	FNDTN INDIANA UNIV PA-SER A	3.298%	Jul 1, 2039	$44,850,000	S&P AA	May 20, 2026
709132BG8	SLIPPERY ROCK UNIV FNDTN-SER A	5.0%	Jul 1, 2039	$23,055,000	—	—
70917SHU0	PREREFUNDED-WIDENER UNIV	5.0%	Jul 15, 2039	$10,385,000	—	—
70917SHV8	UNREFUNDED BALANCE-WIDENER	5.0%	Jul 15, 2039	$9,530,000	—	—
70917TDX6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS WIDENER …	3.0%	Jul 15, 2039	$1,205,000	S&P BBBFitch A-	July 15, 2031
70917N2J2	WIDENER UNIV	5.0%	Jul 15, 2039	$19,915,000	—	—
70917S5E9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV TAXABLE REF …	2.942%	Aug 15, 2039	$64,460,000	Moody’s Aa1S&P AA+	Feb. 15, 2039
70917TCV1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	4.0%	Aug 15, 2039	$3,635,000	Moody’s Aa3S&P AA	Aug. 15, 2032
70917TWM9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HEALTH SYS R…	5.0%	Aug 15, 2039	$7,200,000	Moody’s Aa3S&P AA	Aug. 15, 2036
70917R5K7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	4.0%	Aug 15, 2039	$22,130,000	Moody’s Aa3S&P AA	—
70917S6V0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS UNIVERSI…	4.0%	Aug 15, 2039	$4,940,000	Moody’s Aa3S&P AA	Aug. 15, 2029
70917TWW7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HEALTH SYS R…	5.0%	Aug 15, 2039	$14,315,000	S&P AA	Aug. 15, 2037
70917TTR2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS UNIVERSI…	5.0%	Aug 15, 2039	$7,500,000	—	Aug. 15, 2035
70917RHC2	THOMAS JEFFERSON UNIV-SER A	5.0%	Sep 1, 2039	$25,500,000	—	—
70917SNV1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV FIXED RATE B…	4.0%	Sep 1, 2039	$2,000,000	S&P A	March 1, 2025
70917SNW9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV FIXED RATE B…	5.0%	Sep 1, 2039	$15,565,000	S&P A	—
70917R7K5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS SAIN…	4.0%	Nov 1, 2039	$10,000,000	Moody’s Baa1Fitch BBB	Nov. 1, 2022
70917TRN3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS THOMAS J…	5.25%	Nov 1, 2039	$29,475,000	—	Nov. 1, 2034
70917RTR6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS BRYN…	0.0%	Dec 1, 2039	$29,445,000	—	—
70917RZK4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS THOM…	5.0%	Mar 1, 2040	$55,060,000	—	—
70917RB61	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS TEMP…	6.291%	Apr 1, 2040	$74,120,000	Moody’s Aa3S&P A+	—
70917TVL2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS DREX…	5.25%	May 1, 2040	$2,495,000	Moody’s Baa2S&P BBBB+	May 1, 2036
70917TAQ4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS DREXEL U…	4.0%	May 1, 2040	$15,325,000	S&P AA	May 1, 2030
70917TUL3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS BDS BA (…	5.0%	Jun 15, 2040	$3,350,000	—	June 15, 2035
70917SK36	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS 2017…	3.125%	Jun 15, 2040	$480,000	Moody’s Aa3Fitch A+	June 15, 2027
70917S6C2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS PENN…	3.0%	Jun 15, 2040	$610,000	Moody’s Aa3Fitch A+	June 15, 2029
70917TFX4	PREREFUNDED-ST SYS HIGHER	4.0%	Jun 15, 2040	$1,265,000	—	—
70917S7W7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS REF BDS …	2.125%	Jun 15, 2040	$3,390,000	Moody’s Aa3S&P AAFitch A+	June 15, 2030
70917TDT5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS TAXABLE …	2.7%	Jun 15, 2040	$6,505,000	S&P AA	June 15, 2040
70917TGS4	UNREFUNDED BALANCE-ST SYS	4.0%	Jun 15, 2040	$10,990,000	—	June 15, 2025
70917S2Q5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS AV-1…	4.0%	Jun 15, 2040	$7,200,000	Moody’s Aa3Fitch A+	June 15, 2028
70917S3H4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV FEDERALLY TA…	4.2%	Jun 15, 2040	$40,405,000	Moody’s Aa3S&P AAFitch A+	June 15, 2028
70917SVJ9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS AR (…	4.0%	Jun 15, 2040	$12,255,000	Moody’s Aa3Fitch A+	June 15, 2025
70917RVC6	VAR-FNDTN IND UNIV PA HSG PJ-	0.0%	Jul 1, 2040	—	—	—
70917RPZ2	VAR-FNDTN IND UNIV PA HSG PROJ	0.0%	Jul 1, 2040	$73,440,000	—	—
70917SVK6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV VAR REV BDS …	5.375%	Jul 1, 2040	$68,375,000	S&P B	—
70917RXC4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV VAR REV BDS …	0.0%	Jul 1, 2040	$73,440,000	—	—
70917TDY4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS WIDENER …	3.0%	Jul 15, 2040	$295,000	S&P BBBFitch A-	July 15, 2031
70917SSH7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	5.0%	Aug 15, 2040	$37,380,000	Moody’s Aa3S&P AA	—
70917TCW9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	4.0%	Aug 15, 2040	$3,750,000	—	Aug. 15, 2032
70917TTS0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS UNIVERSI…	5.0%	Aug 15, 2040	$7,880,000	—	Aug. 15, 2035
70917TWN7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HEALTH SYS R…	5.0%	Aug 15, 2040	$7,585,000	Moody’s Aa3S&P AA	Aug. 15, 2036
70917TWX5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HEALTH SYS R…	5.0%	Aug 15, 2040	$14,790,000	S&P AA	Aug. 15, 2037
70917RL52	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS SAIN…	4.6%	Nov 1, 2040	$500,000	Fitch A	—
70917RL94	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS SAIN…	5.0%	Nov 1, 2040	$63,915,000	Fitch A	—
70917TRP8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS THOMAS J…	5.25%	Nov 1, 2040	$27,195,000	—	Nov. 1, 2034
70917RX75	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS DREX…	5.25%	May 1, 2041	$31,005,000	Moody’s A3	—
70917TBG5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV TAXABLE BDS …	3.265%	May 1, 2041	$2,505,000	S&P AA	May 1, 2030
70917SZ30	PREREFUNDED-2012-DREXEL UNIV-	5.25%	May 1, 2041	—	—	—
70917SX24	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS DREX…	5.25%	May 1, 2041	$28,940,000	—	—
70917TVM0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS DREX…	5.25%	May 1, 2041	$2,630,000	Moody’s Baa2S&P BBBB+	May 1, 2036
70917TAR2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS DREXEL U…	4.0%	May 1, 2041	$16,175,000	S&P AA	May 1, 2030
70917SV67	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS DREX…	5.0%	May 1, 2041	$23,810,000	Moody’s A3	Nov. 1, 2027
70917SY80	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS DREX…	5.25%	May 1, 2041	$1,815,000	Moody’s A3	—
70917RV51	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS PHIL…	6.25%	Jun 1, 2041	$5,000,000	—	—
70917TUM1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS BDS BA (…	5.0%	Jun 15, 2041	$1,770,000	—	June 15, 2035
70917SK44	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS 2017…	3.125%	Jun 15, 2041	$490,000	Moody’s Aa3Fitch A+	June 15, 2027
70917S6D0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS PENN…	3.0%	Jun 15, 2041	$630,000	Moody’s Aa3Fitch A+	June 15, 2029
70917S7X5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS REF BDS …	2.125%	Jun 15, 2041	$3,460,000	Moody’s Aa3S&P AAFitch A+	June 15, 2030
70917TDU2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS TAXABLE …	2.75%	Jun 15, 2041	$6,670,000	S&P AA	June 15, 2031
70917R4L6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS INDI…	5.0%	Jul 1, 2041	$17,825,000	—	—
70917TDZ1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS WIDENER …	3.0%	Jul 15, 2041	$300,000	S&P BBBFitch A-	July 15, 2031
70917RT70	RESIDUALS-SER 2015-XF2189-2	0.0%	Aug 15, 2041	$1,205,000	S&P AA	—
70917RT54	FLOATERS-SER 2015-XF2189	0.14%	Aug 15, 2041	$5,840,000	S&P AA	—
70917SYT4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HLTH SYS REF…	3.0%	Aug 15, 2041	$15,000,000	Moody’s Aa3S&P AA	Aug. 15, 2026
70917SWG4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF REV BDS …	3.25%	Aug 15, 2041	$45,570,000	Moody’s Aa1S&P AA+	—
70917RT47	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	5.875%	Aug 15, 2041	$10,000,000	S&P AA	—
70917TWY3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HEALTH SYS R…	5.0%	Aug 15, 2041	$15,350,000	S&P AA	Aug. 15, 2037
70917RT39	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	5.75%	Aug 15, 2041	$48,000,000	S&P AA	—
70917TCX7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	4.0%	Aug 15, 2041	$3,860,000	Moody’s Aa3S&P AA	Aug. 15, 2032
70917RT62	RESIDUALS-SER 2015-XF2189-1	0.0%	Aug 15, 2041	$750,000	S&P AA	—
70917TWP2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HEALTH SYS R…	5.0%	Aug 15, 2041	$7,990,000	Moody’s Aa3S&P AA	Aug. 15, 2036
70917SYU1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HLTH SYS REF…	4.0%	Aug 15, 2041	$42,890,000	Moody’s Aa3S&P AA	Aug. 15, 2026
70917SD42	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	4.0%	Aug 15, 2041	$44,870,000	Moody’s Aa1S&P AA+	Feb. 15, 2027
70917RS30	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	5.0%	Sep 1, 2041	$84,290,000	Moody’s Aa1S&P AA+	—
70917R2Y0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS SAIN…	6.25%	Nov 1, 2041	$11,325,000	S&P BBB	—
70917TRQ6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS THOMAS J…	5.25%	Nov 1, 2041	$44,685,000	—	Nov. 1, 2034
70917R2V6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS AICUP FI…	1.0%	Nov 1, 2041	$5,000,000	S&P BBB	—
70917SNZ2	VAR-TAXABLE-THOMAS JEFFERSON	0.0%	Mar 1, 2042	—	—	—
70917R8G3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS THOM…	5.0%	Mar 1, 2042	$9,880,000	S&P A	—
70917SNY5	VAR-THOMAS JEFFERSON UNIV-	0.0%	Mar 1, 2042	—	—	—
70917SAW3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS TEMP…	5.0%	Apr 1, 2042	$74,370,000	Moody’s Aa3S&P A+	—
70917R7G4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS LA S…	5.0%	May 1, 2042	$38,915,000	S&P BBFitch BB+	Nov. 1, 2022
70917R5L5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS GWYN…	5.375%	May 1, 2042	$10,000,000	S&P BBB	—
70917TUN9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS BDS BA (…	4.0%	Jun 15, 2042	$1,860,000	—	June 15, 2035
70917TDV0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS TAXABLE …	2.8%	Jun 15, 2042	$6,845,000	—	June 15, 2031
70917S6E8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS PENN…	3.0%	Jun 15, 2042	$650,000	Moody’s Aa3Fitch A+	June 15, 2029
70917S7Y3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS REF BDS …	2.25%	Jun 15, 2042	$3,535,000	Moody’s Aa3S&P AAFitch A+	June 15, 2030
70917SK51	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS 2017…	3.25%	Jun 15, 2042	$510,000	Moody’s Aa3Fitch A+	June 15, 2027
70917RNW1	EDINBORO UNIV FNDTN STUD HSG	6.0%	Jul 1, 2042	$14,225,000	—	—
70917TWQ0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HEALTH SYS R…	5.0%	Aug 15, 2042	$9,875,000	Moody’s Aa3S&P AA	Aug. 15, 2036
70917SS79	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HEALTH SYS B…	5.0%	Aug 15, 2042	$75,000,000	Moody’s Aa3S&P AA	Aug. 15, 2027
70917SS61	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HEALTH SYS B…	4.0%	Aug 15, 2042	$69,985,000	Moody’s Aa3S&P AA	Aug. 15, 2027
70917TCY5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	4.0%	Aug 15, 2042	$22,715,000	Moody’s Aa3S&P AA	Aug. 15, 2032
70917R5B7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	5.0%	Aug 15, 2042	$32,945,000	Moody’s Aa3S&P AA	—
70917TWZ0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HEALTH SYS R…	5.0%	Aug 15, 2042	$15,255,000	S&P AA	Aug. 15, 2037
70917R7J8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS SAIN…	5.0%	Nov 1, 2042	$21,000,000	Moody’s Baa1Fitch BBB	Nov. 1, 2022
70917SXV0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS AICU…	3.0%	Nov 1, 2042	$2,355,000	S&P BBB	May 1, 2026
70917TRR4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS THOMAS J…	4.0%	Nov 1, 2042	$36,960,000	—	Nov. 1, 2042
70917SBL6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS AICU…	5.0%	Nov 1, 2042	$5,035,000	—	—
70917S3Z4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV TRUSTEES UNI…	4.0%	Feb 15, 2043	$42,500,000	Moody’s Aa1S&P AA+	Feb. 15, 2028
70917TUP4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS BDS BA (…	4.0%	Jun 15, 2043	$1,930,000	—	June 15, 2035
70917S3K7	REF-ST SYS-SER AV-1-BAM-TCRS	3.75%	Jun 15, 2043	$850,000	Moody’s Aa3S&P AA	June 15, 2028
70917S6F5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS PENN…	3.0%	Jun 15, 2043	$670,000	Moody’s Aa3Fitch A+	June 15, 2029
70917S2R3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS AV-1…	3.75%	Jun 15, 2043	$11,885,000	Moody’s Aa3Fitch A+	June 15, 2028
70917RD36	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS STUD…	6.0%	Jul 1, 2043	$38,530,000	—	—
70917SHA4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS WIDE…	5.5%	Jul 15, 2043	$8,615,000	S&P BBB	—
70917TEP2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS WIDENER …	3.726%	Jul 15, 2043	$17,135,000	S&P BBBFitch A-	—
70917TCB5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	4.0%	Aug 15, 2043	$24,875,000	Moody’s Aa3S&P AA	Aug. 15, 2031
70917R2J3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS STUD…	6.25%	Oct 1, 2043	$47,950,000	—	—
70917TRS2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS THOMAS J…	5.25%	Nov 1, 2043	$40,310,000	—	Nov. 1, 2034
70917S6G3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS PENN…	3.0%	Jun 15, 2044	$690,000	Moody’s Aa3Fitch A+	June 15, 2029
70917TUQ2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS BDS BA (…	4.0%	Jun 15, 2044	$2,010,000	—	June 15, 2044
70917S6W8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS UNIVERSI…	4.0%	Aug 15, 2044	$60,235,000	Moody’s Aa3S&P AA	Aug. 15, 2029
70917TCC3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	5.0%	Aug 15, 2044	$26,020,000	Moody’s Aa3S&P AA	Aug. 15, 2031
70917SDC4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS SHIP…	5.0%	Oct 1, 2044	$32,655,000	—	—
70917TRT0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS THOMAS J…	5.25%	Nov 1, 2044	$40,415,000	—	Nov. 1, 2034
70917S4V2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS BRYN MAW…	4.0%	Dec 1, 2044	$3,605,000	Moody’s Aa2S&P AA+	June 1, 2029
70917SKZ5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS BRYN…	5.0%	Dec 1, 2044	$11,000,000	Moody’s Aa2S&P AA+	—
70917SB69	ST SYS HIGHER ED-AT-1-BAM-TCR	3.0%	Jun 15, 2045	$30,390,000	Moody’s Aa3S&P AA	June 15, 2026
70917TRF0	—	3.0%	Jun 15, 2045	$11,140,000	—	June 15, 2026
70917TRE3	PREREFUNDED-ST SYS HIGHER	3.0%	Jun 15, 2045	$1,630,000	—	June 15, 2045
70917TUR0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS BDS BA (…	4.0%	Jun 15, 2045	$2,090,000	—	June 15, 2045
70917TRK9	—	3.0%	Jun 15, 2045	$26,525,000	—	June 15, 2026
70917SZT3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS BDS AT-1…	3.0%	Jun 15, 2045	$85,635,000	Moody’s Aa3Fitch A+	June 15, 2026
70917SD67	ST SYS HIGHER ED-AT-1-AGM-CR	3.0%	Jun 15, 2045	—	Moody’s Aa3S&P AAKroll AA+	June 15, 2026
70917TPA3	UNREFUNDED BALANCE-ST SYS	3.0%	Jun 15, 2045	$74,735,000	—	June 15, 2045
70917TNY3	PREREFUNDED-ST SYS HIGHER	3.0%	Jun 15, 2045	$10,900,000	—	June 15, 2045
70917S3J0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV FEDERALLY TA…	4.3%	Jun 15, 2045	$37,330,000	Moody’s Aa3S&P AAFitch A+	June 15, 2028
70917TRJ2	PREREFUNDED-ST SYS HIGHER	3.0%	Jun 15, 2045	$3,865,000	—	June 15, 2045
70917SSJ3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	4.0%	Aug 15, 2045	$74,780,000	Moody’s Aa3S&P AA	Aug. 15, 2025
70917S5F6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV TAXABLE REF …	2.972%	Aug 15, 2045	$83,845,000	Moody’s Aa1S&P AA+	Feb. 15, 2045
70917SNU3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV FIXED RATE B…	5.0%	Sep 1, 2045	$100,005,000	S&P A	—
70917TMN8	THOMAS JEFFERSON UNIV-A-AGM-CR	4.0%	Sep 1, 2045	—	S&P AA	Sept. 1, 2045
70917SNN9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV FIXED RATE B…	4.0%	Sep 1, 2045	$40,000,000	S&P A	March 1, 2025
70917SNX7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV VAR RT REV B…	0.0%	Sep 1, 2045	$60,000,000	S&P A	May 11, 2026
70917SPV9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REF BDS UNIV…	3.5%	Oct 1, 2045	$89,260,000	S&P AA+	—
70917TAS0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS DREXEL U…	5.0%	May 1, 2046	$21,565,000	S&P AA	May 1, 2030
70917TUS8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS BDS BA (…	4.0%	Jun 15, 2046	$2,175,000	—	June 15, 2046
70917TUX7	—	4.0%	Jun 15, 2046	$1,675,000	—	June 15, 2035
70917TEA5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS WIDENER …	4.0%	Jul 15, 2046	$8,650,000	S&P BBBFitch A-	July 15, 2031
70917SD59	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS UNIV…	5.0%	Aug 15, 2046	$55,700,000	Moody’s Aa1S&P AA+	Feb. 15, 2027
70917SXW8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV REV BDS AICU…	5.0%	Nov 1, 2046	$5,300,000	S&P BBB	May 1, 2026
70917TUT6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS BDS BA (…	4.0%	Jun 15, 2047	$2,260,000	—	June 15, 2047
70917TDW8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS TAXABLE …	3.0%	Jun 15, 2047	$29,335,000	Moody’s Aa3S&P AAFitch A+	June 15, 2031
70917TUW9	—	4.0%	Jun 15, 2047	$520,000	—	June 15, 2035
70917S6X6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS UNIVERSI…	3.0%	Aug 15, 2047	$62,195,000	Moody’s Aa3S&P AA	Aug. 15, 2029
70917SS87	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV HEALTH SYS B…	5.0%	Aug 15, 2047	$67,935,000	Moody’s Aa3S&P AA	Aug. 15, 2027
70917S4A8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV TRUSTEES UNI…	5.0%	Feb 15, 2048	$98,435,000	Moody’s Aa1S&P AA+	Feb. 15, 2028
70917TRU7	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS THOMAS J…	5.25%	Nov 1, 2048	$100,000,000	—	Nov. 1, 2034
70917TRV5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS THOMAS J…	4.25%	Nov 1, 2048	$60,250,000	—	Nov. 1, 2034
70917S4W0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS BRYN MAW…	4.0%	Dec 1, 2048	$11,415,000	Moody’s Aa2S&P AA+	June 1, 2029
70917S6Z1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS UNIVERSI…	5.0%	Aug 15, 2049	$76,315,000	Moody’s Aa3S&P AA	Aug. 15, 2029
70917S6Y4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS UNIVERSI…	4.0%	Aug 15, 2049	$200,000,000	Moody’s Aa3S&P AA	Aug. 15, 2029
70917S4X8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS BRYN MAW…	3.0%	Dec 1, 2049	$3,135,000	Moody’s Aa2S&P AA+	June 1, 2029
70917TAT8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS DREXEL U…	4.0%	May 1, 2050	$21,145,000	S&P AA	May 1, 2030
70917TUU3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS BDS BA (…	4.0%	Jun 15, 2050	$7,340,000	—	June 15, 2050
70917TUY5	—	4.0%	Jun 15, 2050	$1,500,000	—	June 15, 2035
70917TTT8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS UNIVERSI…	5.25%	Aug 15, 2050	$35,820,000	—	Aug. 15, 2035
70917SNP4	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV FIXED RATE B…	5.25%	Sep 1, 2050	$108,620,000	S&P A	—
70917TMK4	THOMAS JEFFERSON UNIV-SER A	5.25%	Sep 1, 2050	—	S&P AA	—
70917TEB3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS WIDENER …	4.0%	Jul 15, 2051	$15,680,000	S&P BBBFitch A-	July 15, 2031
70917TRX1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS THOMAS J…	5.0%	Nov 1, 2051	$93,705,000	—	Nov. 1, 2034
70917TRW3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS THOMAS J…	4.25%	Nov 1, 2051	$100,000,000	—	Nov. 1, 2034
70917TMP3	VAR-THOMAS JEFFERSON UNIV	0.0%	Jun 1, 2054	$315,055,000	—	—
70917TRZ6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS THOMAS J…	5.0%	Nov 1, 2054	$75,295,000	—	Nov. 1, 2034
70917TTE1	—	5.0%	Nov 1, 2054	—	—	Nov. 1, 2034
70917TRY9	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS THOMAS J…	4.375%	Nov 1, 2054	$100,000,000	—	Nov. 1, 2034
70917TSA0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS THOMAS J…	5.5%	Nov 1, 2054	$75,000,000	—	Nov. 1, 2034
70917TTA9	THOMAS JEFFERSON-B-2-AG-CR	4.375%	Nov 1, 2054	—	—	Nov. 1, 2054
70917TSR3	THOMAS JEFFERSON-B-2-BAM-TCRS	4.375%	Nov 1, 2054	$2,000,000	—	Nov. 1, 2034
70917TTD3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS UNIVERSI…	5.0%	Feb 15, 2055	$50,000,000	—	Feb. 15, 2035
70917TTC5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS UNIVERSI…	4.25%	Feb 15, 2055	$100,000,000	—	Feb. 15, 2035
70917TUV1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS BDS BA (…	4.0%	Jun 15, 2055	$14,325,000	—	June 15, 2055
70917S7A5	ST SYS HIGHER ED-AT-1-BAM-TCRS	5.0%	Jun 15, 2055	$350,000	Moody’s Aa3S&P AA	June 15, 2026
70917SZU0	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV SYS BDS AT-1…	5.0%	Jun 15, 2055	$6,520,000	Moody’s Aa3Fitch A+	June 15, 2026
70917TTU5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS UNIVERSI…	5.5%	Aug 15, 2055	$124,265,000	—	Aug. 15, 2035
70917TTV3	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS UNIVERSI…	5.0%	Aug 15, 2055	$86,230,000	—	Aug. 15, 2035
70917TSX0	VAR-THOMAS JEFFERSON UNIV-D-3	0.0%	Nov 1, 2057	—	—	—
70917TSZ5	VAR-THOMAS JEFFERSON UNIV-D-4	0.0%	Nov 1, 2057	—	—	—
70917TST9	VAR-THOMAS JEFFERSON UNIV-D-1	0.0%	Nov 1, 2061	—	—	May 10, 2026
70917TSU6	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV VARIABLE RAT…	0.45%	Nov 1, 2061	$100,000,000	—	May 10, 2026
70917TSY8	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV VARIABLE RAT…	0.45%	Nov 1, 2061	$100,000,000	—	May 10, 2026
70917TSV4	VAR-THOMAS JEFFERSON UNIV-D-2	0.0%	Nov 1, 2061	—	—	May 10, 2026
70917TSW2	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV VARIABLE RAT…	2.85%	Nov 1, 2061	$100,000,000	—	May 10, 2026
70917TSS1	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV VARIABLE RAT…	0.55%	Nov 1, 2061	$125,335,000	—	May 11, 2026
70917TSQ5	PENNSYLVANIA ST HIGHER EDL FACS AUTH REV BDS THOMAS J…	6.5%	Nov 1, 2064	$151,000,000	—	May 20, 2026

Market activity

EMMA · secondary trades · latest Sep 16, 2026

Each dot is a reported secondary trade — yield by trade date, sized by par, colored by trade side. Hover for detail.

Trade dateSecurityPriceYieldSizeSide

Sep 16 70917SQH9 100.08 2.77% 65,000 Customer Bought

Sep 16 70917SQH9 100.08 2.77% 65,000 Inter-Dealer Trade

Sep 16 70917TDE8 98.59 4.95% 50,000 Customer Bought

Sep 16 70917TDE8 98.59 4.95% 40,000 Customer Bought

Sep 16 70917TDE8 98.59 4.95% 90,000 Customer Sold

Sep 14 70917SQH9 100.09 2.80% 5,000 Inter-Dealer Trade

Sep 14 70917SQH9 100.19 0.45% 5,000 Customer Bought

Trade prints reported to the MSRB — a live market signal a manual issuer page cannot show.

20 callable securities carry a stated call price — refunding candidates as rates move.

Recent rating actions

Moody's · S&P · Fitch · KBRA

Moody's Rating Action: Moody's Ratings takes rating actions on five large US banks following US sovereign downgrade 19 May 2025 New York, M…

May 19, 2025

Downgrade Aa1 → Aa2 Outlook Stable

View the filing on EMMA ↗

Moody's 's subordinate bond rating to A2 from A3 (including its assumed subordinate debt of BBVA USA), and its subordinate bank note progra…

Apr 10, 2025

Affirmed A3 → A2 Outlook Negative

View the filing on EMMA ↗

S&P COM/RATINGSDIRECT MARCH 22, 2022 1 La Salle University, Pennsylvania Philadelphia Authority for Industrial Development; Private Col…

Mar 22, 2022

Affirmed BB Outlook Negative

View the filing on EMMA ↗

Moody's On March 18, 2022, Moody’s Investors Service (“Moody’s”) upgraded the Insurance Financial Strength ratings of AGM to A1 from A2 as …

Mar 18, 2022

Upgrade A2 → A1 Outlook Stable

View the filing on EMMA ↗

S&P Bank, NA, FIUP hereby gives notice of the following Material Event: On April 27, 2021, S&P Global Ratings lowered its long-term rat…

Apr 27, 2021

Downgrade BB- → B+

View the filing on EMMA ↗

S&P Bank, NA, FIUP hereby gives notice of the following Material Event: On April 27, 2021, S&P Global Ratings lowered its long-term rat…

Apr 27, 2021

Downgrade B → B-

View the filing on EMMA ↗

S&P Bank, NA, FIUP hereby gives notice of the following Material event: On October 1, 2020, S&P Global Ratings lowered its long-term ra…

Oct 1, 2020

Downgrade BBB → B

View the filing on EMMA ↗

S&P Bank, NA, FIUP hereby gives notice of the following Material event: On October 1, 2020, S&P Global Ratings lowered its long-term ra…

Oct 1, 2020

Downgrade BBB → BB-

View the filing on EMMA ↗

Rating actions as disclosed by the issuer to the MSRB’s EMMA system under SEC Rule 15c2-12; the ratings are the opinions of the respective rating agencies (Moody's, S&P Global Ratings, Fitch Ratings, KBRA). Dates are the rating-action dates stated in each notice.

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