# EDGAR Filing Document

**Accession Number:** 0001100663
**File Stem:** 0001410368-26-031744
**Filing Date:** 2026-3
**Character Count:** 267041
**Document Hash:** 87d094471c30fdaa82d9611e47b0b9fa
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-031744.hdr.sgml**: 20260326

**ACCESSION NUMBER**: 0001410368-26-031744

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260326

**DATE AS OF CHANGE**: 20260326

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** iSHARES TRUST
- **CENTRAL INDEX KEY:** 0001100663

**ORGANIZATION NAME:**
- **EIN:** 943351276
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09729
- **FILM NUMBER:** 26795916

**BUSINESS ADDRESS:**
- **STREET 1:** 400 HOWARD STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105
- **BUSINESS PHONE:** (415) 670-2000

**MAIL ADDRESS:**
- **STREET 1:** 400 HOWARD STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ISHARES TRUST
- **DATE OF NAME CHANGE:** 19991213

## Series and Classes Contracts Data

### iShares CMBS ETF (Series ID: S000035914)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000110079 | iShares CMBS ETF | CMBS            |

## Nport-Ex

Schedule of Investments (unaudited)

January 31, 2026

**iShares® CMBS ETF**

**(Percentages shown are based on Net Assets)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Collateralized Mortgage Obligations** | **Collateralized Mortgage Obligations** | **Collateralized Mortgage Obligations** |
| **Mortgage-Backed Securities — 71.4%** | **Mortgage-Backed Securities — 71.4%** | **Mortgage-Backed Securities — 71.4%** |
| Bank |  |  |
| &nbsp;&nbsp;&nbsp; 1.72%, 06/15/64 | &nbsp;&nbsp;&nbsp; $850 | $761678 |
| &nbsp;&nbsp;&nbsp; 2.03%, 06/15/64 | &nbsp;&nbsp;&nbsp; 800 | 708296 |
| &nbsp;&nbsp;&nbsp; 2.04%, 02/15/54 | &nbsp;&nbsp;&nbsp; 1500 | 1336482 |
| &nbsp;&nbsp;&nbsp; 2.07%, 06/15/64 | &nbsp;&nbsp;&nbsp; 500 | 470614 |
| &nbsp;&nbsp;&nbsp; 2.46%, 06/15/64 | &nbsp;&nbsp;&nbsp; 1000 | 860091 |
| &nbsp;&nbsp;&nbsp; 3.20%, 09/15/64<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 250 | 207178 |
| &nbsp;&nbsp;&nbsp; 3.35%, 01/15/63<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 500 | 437978 |
| &nbsp;&nbsp;&nbsp; 3.36%, 05/15/50 | &nbsp;&nbsp;&nbsp; 547 | 543681 |
| &nbsp;&nbsp;&nbsp; 3.39%, 03/15/64<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 500 | 445719 |
| &nbsp;&nbsp;&nbsp; 3.46%, 04/15/52 | &nbsp;&nbsp;&nbsp; 635 | 623286 |
| &nbsp;&nbsp;&nbsp; 3.49%, 11/15/50 | &nbsp;&nbsp;&nbsp; 750 | 734881 |
| &nbsp;&nbsp;&nbsp; 3.74%, 02/15/52 | &nbsp;&nbsp;&nbsp; 600 | 591080 |
| &nbsp;&nbsp;&nbsp; 3.79%, 04/15/65<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 500 | 478151 |
| &nbsp;&nbsp;&nbsp; 3.95%, 08/15/61 | &nbsp;&nbsp;&nbsp; 910 | 903639 |
| &nbsp;&nbsp;&nbsp; 4.26%, 05/15/61<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1010 | 1010387 |
| &nbsp;&nbsp;&nbsp; 4.56%, 08/15/61<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 250 | 239492 |
| &nbsp;&nbsp;&nbsp; 4.78%, 10/15/57 | &nbsp;&nbsp;&nbsp; 500 | 496951 |
| &nbsp;&nbsp;&nbsp; 5.20%, 02/15/56 | &nbsp;&nbsp;&nbsp; 500 | 513028 |
| &nbsp;&nbsp;&nbsp; 5.62%, 03/15/58<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1000 | 1057889 |
| &nbsp;&nbsp;&nbsp; 5.75%, 08/15/56 | &nbsp;&nbsp;&nbsp; 1000 | 1061688 |
| &nbsp;&nbsp;&nbsp; Series 2017, Class A5, 3.44%, 09/15/60 | &nbsp;&nbsp;&nbsp; 220 | 217354 |
| &nbsp;&nbsp;&nbsp; Series 2017-BNK4, Class AS, 3.78%, 05/15/50 | &nbsp;&nbsp;&nbsp; 500 | 493844 |
| &nbsp;&nbsp;&nbsp; Series 2017-BNK4, Class C, 4.37%, 05/15/50<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 485 | 439599 |
| &nbsp;&nbsp;&nbsp; Series 2017-BNK5, Class A4, 3.13%, 06/15/60 | &nbsp;&nbsp;&nbsp; 586 | 579067 |
| &nbsp;&nbsp;&nbsp; Series 2017-BNK7, Class B, 3.95%, 09/15/60 | &nbsp;&nbsp;&nbsp; 550 | 511969 |
| &nbsp;&nbsp;&nbsp; Series 2017-BNK8, Class A3, 3.23%, 11/15/50 | &nbsp;&nbsp;&nbsp; 683 | 674413 |
| &nbsp;&nbsp;&nbsp; Series 2018-BN14, Class A3, 3.97%, 09/15/60 | &nbsp;&nbsp;&nbsp; 705 | 699862 |
| &nbsp;&nbsp;&nbsp; Series 2018-BN14, Class A4, 4.23%, 09/15/60<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1000 | 1000156 |
| &nbsp;&nbsp;&nbsp; Series 2018-BN14, Class AS, 4.48%, 09/15/60<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 500 | 490978 |
| &nbsp;&nbsp;&nbsp; Series 2018-BN15, Class A3, 4.14%, 11/15/61 | &nbsp;&nbsp;&nbsp; 464 | 462059 |
| &nbsp;&nbsp;&nbsp; Series 2019-BN16, Class AS, 4.27%, 02/15/52 | &nbsp;&nbsp;&nbsp; 262 | 257444 |
| &nbsp;&nbsp;&nbsp; Series 2019-BN19, Class A3, 3.18%, 08/15/61 | &nbsp;&nbsp;&nbsp; 1797 | 1709906 |
| &nbsp;&nbsp;&nbsp; Series 2019-BN20, Class A2, 2.76%, 09/15/62 | &nbsp;&nbsp;&nbsp; 1008 | 957060 |
| &nbsp;&nbsp;&nbsp; Series 2019-BN20, Class B, 3.40%, 09/15/62<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1000 | 847691 |
| &nbsp;&nbsp;&nbsp; Series 2019-BN21, Class A4, 2.60%, 10/17/52 | &nbsp;&nbsp;&nbsp; 929 | 883532 |
| &nbsp;&nbsp;&nbsp; Series 2019-BN21, Class A5, 2.85%, 10/17/52 | &nbsp;&nbsp;&nbsp; 500 | 475216 |
| &nbsp;&nbsp;&nbsp; Series 2019-BN22, Class A4, 2.98%, 11/15/62 | &nbsp;&nbsp;&nbsp; 458 | 435579 |
| &nbsp;&nbsp;&nbsp; Series 2020-BN25, Class A3, 2.39%, 01/15/63 | &nbsp;&nbsp;&nbsp; 290 | 285481 |
| &nbsp;&nbsp;&nbsp; Series 2020-BN26, Class B, 2.91%, 03/15/63<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 250 | 221148 |
| &nbsp;&nbsp;&nbsp; Series 2020-BN28, Class A4, 1.84%, 03/15/63 | &nbsp;&nbsp;&nbsp; 500 | 447051 |
| &nbsp;&nbsp;&nbsp; Series 2020-BN29, Class C, 3.03%, 11/15/53<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 520 | 433257 |
| &nbsp;&nbsp;&nbsp; Series 2020-BN30, Class ABS, 1.67%, 12/15/53 | &nbsp;&nbsp;&nbsp; 231 | 220065 |
| &nbsp;&nbsp;&nbsp; Series 2021-BN32, Class AS, 2.64%, 04/15/54<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1075 | 985434 |
| &nbsp;&nbsp;&nbsp; Series 2021-BN34, Class A5, 2.44%, 06/15/63 | &nbsp;&nbsp;&nbsp; 1744 | 1545105 |
| &nbsp;&nbsp;&nbsp; Series 2021-BN34, Class AS, 2.57%, 06/15/63 | &nbsp;&nbsp;&nbsp; 500 | 426471 |
| &nbsp;&nbsp;&nbsp; Series 2022-BNK40, Class AS, 3.39%, 03/15/64<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1000 | 901515 |
| &nbsp;&nbsp;&nbsp; Series 21-BN36, Class A5, 2.47%, 09/15/64 | &nbsp;&nbsp;&nbsp; 750 | 673108 |
| BANK |  |  |
| &nbsp;&nbsp;&nbsp; 1.74%, 11/15/53 | &nbsp;&nbsp;&nbsp; 1965 | 1749223 |
| &nbsp;&nbsp;&nbsp; 4.40%, 08/15/55 | &nbsp;&nbsp;&nbsp; 2000 | 1967082 |
| &nbsp;&nbsp;&nbsp; Bank of America Merrill Lynch Commercial Mortgage <br> Trust, Series 2016-UB10, Class B, 3.79%, 07/15/49<br>| &nbsp;&nbsp;&nbsp; 250 | 247172 |
| Bank5 |  |  |
| &nbsp;&nbsp;&nbsp; 5.28%, 08/15/63 | &nbsp;&nbsp;&nbsp; 1000 | 1033022 |
| &nbsp;&nbsp;&nbsp; 5.30%, 10/15/57 | &nbsp;&nbsp;&nbsp; 1000 | 1030806 |
| &nbsp;&nbsp;&nbsp; 5.45%, 07/15/58 | &nbsp;&nbsp;&nbsp; 570 | 592827 |
| &nbsp;&nbsp;&nbsp; 5.61%, 08/15/57 | &nbsp;&nbsp;&nbsp; 1000 | 1040832 |
| &nbsp;&nbsp;&nbsp; 5.70%, 02/15/29 | &nbsp;&nbsp;&nbsp; 944 | 978883 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Mortgage-Backed Securities (continued)** | **Mortgage-Backed Securities (continued)** | **Mortgage-Backed Securities (continued)** |
| &nbsp;&nbsp;&nbsp; 5.77%, 06/15/57 | &nbsp;&nbsp;&nbsp; $910 | $949340 |
| &nbsp;&nbsp;&nbsp; 5.78%, 04/15/56 | &nbsp;&nbsp;&nbsp; 94 | 96392 |
| &nbsp;&nbsp;&nbsp; 5.79%, 06/15/57 | &nbsp;&nbsp;&nbsp; 1000 | 1039939 |
| &nbsp;&nbsp;&nbsp; 5.88%, 08/15/57 | &nbsp;&nbsp;&nbsp; 1000 | 1046501 |
| &nbsp;&nbsp;&nbsp; 6.18%, 08/15/57<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1500 | 1569546 |
| &nbsp;&nbsp;&nbsp; 6.26%, 04/15/56<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 500 | 518283 |
| &nbsp;&nbsp;&nbsp; 6.26%, 09/15/56 | &nbsp;&nbsp;&nbsp; 549 | 570737 |
| &nbsp;&nbsp;&nbsp; 6.42%, 08/15/57<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 160 | 164125 |
| &nbsp;&nbsp;&nbsp; 6.50%, 12/15/56 | &nbsp;&nbsp;&nbsp; 433 | 455133 |
| &nbsp;&nbsp;&nbsp; 6.66%, 07/15/56<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1500 | 1575775 |
| &nbsp;&nbsp;&nbsp; 6.79%, 05/15/57<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1120 | 1187521 |
| &nbsp;&nbsp;&nbsp; 6.97%, 05/15/57<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 860 | 910748 |
| &nbsp;&nbsp;&nbsp; 6.97%, 05/15/57<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 360 | 368208 |
| Barclays Commercial Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp; Series 2019-C4, Class A5, 2.92%, 08/15/52 | &nbsp;&nbsp;&nbsp; 1250 | 1193511 |
| &nbsp;&nbsp;&nbsp; Series 2019-C5, 2.81%, 11/15/52 | &nbsp;&nbsp;&nbsp; 1000 | 963978 |
| &nbsp;&nbsp;&nbsp; Series 2019-C5, Class A4, 3.06%, 11/15/52 | &nbsp;&nbsp;&nbsp; 1000 | 958290 |
| BBCMS Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp; 1.62%, 10/15/53 | &nbsp;&nbsp;&nbsp; 433 | 415457 |
| &nbsp;&nbsp;&nbsp; 2.39%, 02/15/53 | &nbsp;&nbsp;&nbsp; 2000 | 1867463 |
| &nbsp;&nbsp;&nbsp; 2.69%, 11/15/54 | &nbsp;&nbsp;&nbsp; 870 | 782274 |
| &nbsp;&nbsp;&nbsp; 2.95%, 02/15/55<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1500 | 1362709 |
| &nbsp;&nbsp;&nbsp; 4.44%, 09/15/55 | &nbsp;&nbsp;&nbsp; 800 | 789474 |
| &nbsp;&nbsp;&nbsp; 4.74%, 09/15/57 | &nbsp;&nbsp;&nbsp; 3481 | 3517450 |
| &nbsp;&nbsp;&nbsp; 5.02%, 09/15/58 | &nbsp;&nbsp;&nbsp; 1900 | 1942213 |
| &nbsp;&nbsp;&nbsp; 5.12%, 09/15/57 | &nbsp;&nbsp;&nbsp; 500 | 508790 |
| &nbsp;&nbsp;&nbsp; 5.21%, 09/15/57 | &nbsp;&nbsp;&nbsp; 1000 | 1027742 |
| &nbsp;&nbsp;&nbsp; 5.25%, 02/15/31 | &nbsp;&nbsp;&nbsp; 900 | 931494 |
| &nbsp;&nbsp;&nbsp; 5.40%, 09/15/57 | &nbsp;&nbsp;&nbsp; 1000 | 1041046 |
| &nbsp;&nbsp;&nbsp; 5.44%, 12/15/55<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2000 | 2071585 |
| &nbsp;&nbsp;&nbsp; 5.45%, 09/15/55<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 847 | 775092 |
| &nbsp;&nbsp;&nbsp; 5.52%, 08/15/58 | &nbsp;&nbsp;&nbsp; 500 | 520682 |
| &nbsp;&nbsp;&nbsp; 5.58%, 07/15/56 | &nbsp;&nbsp;&nbsp; 1000 | 1049299 |
| &nbsp;&nbsp;&nbsp; 5.59%, 07/15/58<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1000 | 1052355 |
| &nbsp;&nbsp;&nbsp; 5.63%, 09/15/57 | &nbsp;&nbsp;&nbsp; 300 | 308751 |
| &nbsp;&nbsp;&nbsp; 5.66%, 05/15/58 | &nbsp;&nbsp;&nbsp; 1000 | 1045724 |
| &nbsp;&nbsp;&nbsp; 5.72%, 02/15/57 | &nbsp;&nbsp;&nbsp; 500 | 509670 |
| &nbsp;&nbsp;&nbsp; 5.72%, 02/15/62 | &nbsp;&nbsp;&nbsp; 1979 | 2107342 |
| &nbsp;&nbsp;&nbsp; 5.75%, 04/15/56 | &nbsp;&nbsp;&nbsp; 200 | 204335 |
| &nbsp;&nbsp;&nbsp; 5.83%, 05/15/57 | &nbsp;&nbsp;&nbsp; 1000 | 1070629 |
| &nbsp;&nbsp;&nbsp; 5.83%, 11/15/57<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 500 | 522936 |
| &nbsp;&nbsp;&nbsp; 5.84%, 09/15/57<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 129 | 134969 |
| &nbsp;&nbsp;&nbsp; 5.84%, 03/15/58 | &nbsp;&nbsp;&nbsp; 500 | 526301 |
| &nbsp;&nbsp;&nbsp; 5.87%, 02/15/57 | &nbsp;&nbsp;&nbsp; 1000 | 1048523 |
| &nbsp;&nbsp;&nbsp; 5.89%, 09/15/57 | &nbsp;&nbsp;&nbsp; 1250 | 1297320 |
| &nbsp;&nbsp;&nbsp; 5.95%, 03/15/57 | &nbsp;&nbsp;&nbsp; 560 | 585183 |
| &nbsp;&nbsp;&nbsp; 5.97%, 07/15/56<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1000 | 1049699 |
| &nbsp;&nbsp;&nbsp; 5.98%, 03/15/58<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 250 | 253821 |
| &nbsp;&nbsp;&nbsp; 6.00%, 09/15/56<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 500 | 536448 |
| &nbsp;&nbsp;&nbsp; 6.13%, 11/15/57 | &nbsp;&nbsp;&nbsp; 900 | 944383 |
| &nbsp;&nbsp;&nbsp; 6.17%, 12/15/55<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 400 | 413718 |
| &nbsp;&nbsp;&nbsp; 6.17%, 03/15/58<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1500 | 1576358 |
| &nbsp;&nbsp;&nbsp; 6.30%, 09/15/56<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1000 | 1050728 |
| &nbsp;&nbsp;&nbsp; 6.35%, 04/15/56<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 250 | 261431 |
| &nbsp;&nbsp;&nbsp; 6.41%, 07/15/57<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 500 | 526095 |
| &nbsp;&nbsp;&nbsp; 6.68%, 12/15/56<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 500 | 528799 |
| &nbsp;&nbsp;&nbsp; 6.81%, 05/15/58<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 250 | 263038 |
| &nbsp;&nbsp;&nbsp; Series 2018-C2, Class A5, 4.31%, 12/15/51 | &nbsp;&nbsp;&nbsp; 2930 | 2935032 |
| &nbsp;&nbsp;&nbsp; Series 2018-C2, Class C, 4.96%, 12/15/51<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 250 | 225021 |
| &nbsp;&nbsp;&nbsp; Series 2020-C6, Class A4, 2.64%, 02/15/53 | &nbsp;&nbsp;&nbsp; 1500 | 1401719 |
| &nbsp;&nbsp;&nbsp; Series 2020-C8, Class A5, 2.04%, 10/15/53 | &nbsp;&nbsp;&nbsp; 500 | 449169 |

---

------

Schedule of Investments (unaudited)(continued)

January 31, 2026

**iShares® CMBS ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Mortgage-Backed Securities (continued)** | **Mortgage-Backed Securities (continued)** | **Mortgage-Backed Securities (continued)** |
| &nbsp;&nbsp;&nbsp; Series 2021-C11, Class A5, 2.32%, 09/15/54 | &nbsp;&nbsp;&nbsp; $500 | $443555 |
| &nbsp;&nbsp;&nbsp; Series 2021-C12, Class A4, 2.42%, 11/15/54 | &nbsp;&nbsp;&nbsp; 1000 | 925507 |
| &nbsp;&nbsp;&nbsp; Series 2022-C14, Class AS, 3.35%, 02/15/55<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 250 | 221340 |
| &nbsp;&nbsp;&nbsp; Series 2022-C17, Class A4, 4.17%, 09/15/55 | &nbsp;&nbsp;&nbsp; 1000 | 979480 |
| BBCMS Trust |  |  |
| &nbsp;&nbsp;&nbsp; 2.27%, 07/15/54 | &nbsp;&nbsp;&nbsp; 225 | 213398 |
| &nbsp;&nbsp;&nbsp; Series 2021-C10, Class AS, 2.68%, 07/15/54 | &nbsp;&nbsp;&nbsp; 500 | 437308 |
| &nbsp;&nbsp;&nbsp; Series 2021-C10, Class B, 2.49%, 07/15/54 | &nbsp;&nbsp;&nbsp; 1000 | 846584 |
| &nbsp;&nbsp;&nbsp; Series 2021-C10, Class C, 2.84%, 07/15/54 | &nbsp;&nbsp;&nbsp; 500 | 414226 |
| Benchmark Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp; 1.93%, 07/15/53 | &nbsp;&nbsp;&nbsp; 500 | 445977 |
| &nbsp;&nbsp;&nbsp; 2.14%, 09/15/54 | &nbsp;&nbsp;&nbsp; 500 | 444361 |
| &nbsp;&nbsp;&nbsp; 2.53%, 11/15/54<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 250 | 206382 |
| &nbsp;&nbsp;&nbsp; 2.58%, 03/15/54 | &nbsp;&nbsp;&nbsp; 1000 | 897381 |
| &nbsp;&nbsp;&nbsp; 2.93%, 12/15/72 | &nbsp;&nbsp;&nbsp; 500 | 473055 |
| &nbsp;&nbsp;&nbsp; 3.04%, 01/15/55 | &nbsp;&nbsp;&nbsp; 565 | 529809 |
| &nbsp;&nbsp;&nbsp; 3.18%, 02/15/53<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 443 | 384668 |
| &nbsp;&nbsp;&nbsp; 3.20%, 01/15/55<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 500 | 407568 |
| &nbsp;&nbsp;&nbsp; 3.46%, 03/15/55<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1000 | 933429 |
| &nbsp;&nbsp;&nbsp; 3.61%, 03/15/55<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 300 | 253243 |
| &nbsp;&nbsp;&nbsp; 3.94%, 07/15/51 | &nbsp;&nbsp;&nbsp; 1825 | 1811338 |
| &nbsp;&nbsp;&nbsp; 5.18%, 04/15/57 | &nbsp;&nbsp;&nbsp; 1000 | 1026595 |
| &nbsp;&nbsp;&nbsp; 5.18%, 10/15/58 | &nbsp;&nbsp;&nbsp; 1825 | 1881018 |
| &nbsp;&nbsp;&nbsp; 5.28%, 09/15/57 | &nbsp;&nbsp;&nbsp; 1000 | 1029852 |
| &nbsp;&nbsp;&nbsp; 5.33%, 02/15/58 | &nbsp;&nbsp;&nbsp; 1000 | 1018322 |
| &nbsp;&nbsp;&nbsp; 5.41%, 07/15/68 | &nbsp;&nbsp;&nbsp; 300 | 310739 |
| &nbsp;&nbsp;&nbsp; 5.44%, 08/15/58<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 750 | 779966 |
| &nbsp;&nbsp;&nbsp; 5.60%, 08/15/57 | &nbsp;&nbsp;&nbsp; 1300 | 1352669 |
| &nbsp;&nbsp;&nbsp; 5.66%, 04/15/57 | &nbsp;&nbsp;&nbsp; 500 | 522521 |
| &nbsp;&nbsp;&nbsp; 5.81%, 01/10/57 | &nbsp;&nbsp;&nbsp; 545 | 566593 |
| &nbsp;&nbsp;&nbsp; 6.03%, 12/15/57<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 500 | 520739 |
| &nbsp;&nbsp;&nbsp; 6.09%, 04/15/57<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 250 | 261197 |
| &nbsp;&nbsp;&nbsp; 6.19%, 07/15/57<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1125 | 1188628 |
| &nbsp;&nbsp;&nbsp; 7.10%, 07/15/56<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1000 | 1054909 |
| &nbsp;&nbsp;&nbsp; Series 2018-B3, Class A4, 3.76%, 04/10/51 | &nbsp;&nbsp;&nbsp; 654 | 650006 |
| &nbsp;&nbsp;&nbsp; Series 2018-B4, Class ASB, 4.06%, 07/15/51<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 229 | 228697 |
| &nbsp;&nbsp;&nbsp; Series 2018-B7, Class B, 4.84%, 05/15/53<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 758 | 717484 |
| &nbsp;&nbsp;&nbsp; Series 2018-B8, Class A4, 3.96%, 01/15/52 | &nbsp;&nbsp;&nbsp; 1000 | 986702 |
| &nbsp;&nbsp;&nbsp; Series 2019-B10, Class A3, 3.46%, 03/15/62 | &nbsp;&nbsp;&nbsp; 788 | 772906 |
| &nbsp;&nbsp;&nbsp; Series 2019-B10, Class AM, 3.98%, 03/15/62 | &nbsp;&nbsp;&nbsp; 600 | 580544 |
| &nbsp;&nbsp;&nbsp; Series 2019-B11, Class AS, 3.78%, 05/15/52 | &nbsp;&nbsp;&nbsp; 500 | 464733 |
| &nbsp;&nbsp;&nbsp; Series 2019-B13, Class C, 3.84%, 08/15/57<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 500 | 416421 |
| &nbsp;&nbsp;&nbsp; Series 2019-B9, Class A4, 3.75%, 03/15/52 | &nbsp;&nbsp;&nbsp; 845 | 833474 |
| &nbsp;&nbsp;&nbsp; Series 2020-B16, Class A5, 2.73%, 02/15/53 | &nbsp;&nbsp;&nbsp; 990 | 927873 |
| &nbsp;&nbsp;&nbsp; Series 2020-B20, Class B, 2.53%, 10/15/53 | &nbsp;&nbsp;&nbsp; 500 | 410867 |
| &nbsp;&nbsp;&nbsp; Series 2020-B21, Class A5, 2.25%, 12/17/53 | &nbsp;&nbsp;&nbsp; 500 | 435628 |
| &nbsp;&nbsp;&nbsp; Series 2020-IG1, Class A3, 2.69%, 09/15/43 | &nbsp;&nbsp;&nbsp; 750 | 662409 |
| &nbsp;&nbsp;&nbsp; Series 2021-B23, Class AS, 2.27%, 02/15/54 | &nbsp;&nbsp;&nbsp; 500 | 428183 |
| &nbsp;&nbsp;&nbsp; Series 2021-B24, Class A4, 2.26%, 03/15/54 | &nbsp;&nbsp;&nbsp; 1000 | 910979 |
| &nbsp;&nbsp;&nbsp; Series 2021-B25, Class A5, 2.58%, 04/15/54 | &nbsp;&nbsp;&nbsp; 1000 | 907457 |
| &nbsp;&nbsp;&nbsp; Series 2021-B26, Class AM, 2.83%, 06/15/54 | &nbsp;&nbsp;&nbsp; 500 | 437398 |
| &nbsp;&nbsp;&nbsp; Series 2021-B27, Class A2, 2.02%, 07/15/54 | &nbsp;&nbsp;&nbsp; 700 | 685141 |
| &nbsp;&nbsp;&nbsp; Series 2021-B27, Class A5, 2.39%, 07/15/54 | &nbsp;&nbsp;&nbsp; 1000 | 895163 |
| &nbsp;&nbsp;&nbsp; Series 2021-B27, Class AS, 2.51%, 07/15/54 | &nbsp;&nbsp;&nbsp; 500 | 428414 |
| &nbsp;&nbsp;&nbsp; Series 2021-B29, Class A5, 2.39%, 09/15/54 | &nbsp;&nbsp;&nbsp; 830 | 739338 |
| &nbsp;&nbsp;&nbsp; Series 2022-B34, Class A5, 3.79%, 04/15/55<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1500 | 1404741 |
| &nbsp;&nbsp;&nbsp; Series 2023-B38, Class A2, 5.63%, 04/15/56 | &nbsp;&nbsp;&nbsp; 2000 | 2050831 |
| BMO Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp; 4.87%, 09/15/57 | &nbsp;&nbsp;&nbsp; 800 | 811402 |
| &nbsp;&nbsp;&nbsp; 5.15%, 12/15/57 | &nbsp;&nbsp;&nbsp; 3000 | 3074222 |
| &nbsp;&nbsp;&nbsp; 5.31%, 09/15/54 | &nbsp;&nbsp;&nbsp; 1000 | 1028233 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Mortgage-Backed Securities (continued)** | **Mortgage-Backed Securities (continued)** | **Mortgage-Backed Securities (continued)** |
| &nbsp;&nbsp;&nbsp; 5.32%, 09/15/57 | &nbsp;&nbsp;&nbsp; $1000 | $1029470 |
| &nbsp;&nbsp;&nbsp; 5.57%, 06/15/58 | &nbsp;&nbsp;&nbsp; 300 | 314336 |
| &nbsp;&nbsp;&nbsp; 5.58%, 05/15/58 | &nbsp;&nbsp;&nbsp; 300 | 312322 |
| &nbsp;&nbsp;&nbsp; 5.67%, 07/15/58 | &nbsp;&nbsp;&nbsp; 1000 | 1046280 |
| &nbsp;&nbsp;&nbsp; 5.69%, 02/15/58 | &nbsp;&nbsp;&nbsp; 500 | 528842 |
| &nbsp;&nbsp;&nbsp; 5.76%, 07/15/57 | &nbsp;&nbsp;&nbsp; 2500 | 2658076 |
| &nbsp;&nbsp;&nbsp; 5.78%, 04/15/58<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 700 | 732976 |
| &nbsp;&nbsp;&nbsp; 5.86%, 02/15/57 | &nbsp;&nbsp;&nbsp; 870 | 909056 |
| &nbsp;&nbsp;&nbsp; 5.87%, 06/15/58<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 500 | 535195 |
| &nbsp;&nbsp;&nbsp; 5.88%, 09/15/57<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 250 | 248040 |
| &nbsp;&nbsp;&nbsp; 5.93%, 02/15/59<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 250 | 249481 |
| &nbsp;&nbsp;&nbsp; 5.98%, 02/15/58 | &nbsp;&nbsp;&nbsp; 1000 | 1052334 |
| &nbsp;&nbsp;&nbsp; 6.14%, 03/15/57<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 230 | 240269 |
| &nbsp;&nbsp;&nbsp; 6.16%, 10/15/58<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 500 | 518906 |
| &nbsp;&nbsp;&nbsp; 6.23%, 03/15/57<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 120 | 121328 |
| &nbsp;&nbsp;&nbsp; 6.26%, 04/15/58<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 500 | 503643 |
| &nbsp;&nbsp;&nbsp; 6.36%, 02/15/57<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 252 | 264386 |
| &nbsp;&nbsp;&nbsp; 6.67%, 12/15/56<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 500 | 547671 |
| &nbsp;&nbsp;&nbsp; 7.05%, 11/15/56<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1000 | 1066870 |
| CD Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp; 3.19%, 11/13/50 | &nbsp;&nbsp;&nbsp; 476 | 469655 |
| &nbsp;&nbsp;&nbsp; 3.71%, 11/13/50<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 500 | 492010 |
| &nbsp;&nbsp;&nbsp; 3.91%, 11/13/50<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 500 | 480737 |
| &nbsp;&nbsp;&nbsp; Series 2019-CD8, Class A4, 2.91%, 08/15/57 | &nbsp;&nbsp;&nbsp; 1000 | 947449 |
| &nbsp;&nbsp;&nbsp; CFCRE Commercial Mortgage Trust, Series 2017-C8, <br> Class B, 4.20%, 06/15/50<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 750 | 727874 |
| CGMS Commercial Mortgage Trust, 4.10%, 08/15/50<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 170 | 163975 |
| Citigroup Commercial Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp; 3.47%, 10/12/50 | &nbsp;&nbsp;&nbsp; 1264 | 1252467 |
| &nbsp;&nbsp;&nbsp; Series 2017-C4, Class A3, 3.21%, 10/12/50 | &nbsp;&nbsp;&nbsp; 832 | 823102 |
| &nbsp;&nbsp;&nbsp; Series 2017-P8, Class A3, 3.20%, 09/15/50 | &nbsp;&nbsp;&nbsp; 1885 | 1860492 |
| &nbsp;&nbsp;&nbsp; Series 2018-B2, Class A4, 4.01%, 03/10/51 | &nbsp;&nbsp;&nbsp; 600 | 597718 |
| &nbsp;&nbsp;&nbsp; Series 2018-C5, Class A4, 4.23%, 06/10/51<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1000 | 1000307 |
| &nbsp;&nbsp;&nbsp; Series 2018-C6, Class A4, 4.41%, 11/10/51 | &nbsp;&nbsp;&nbsp; 1199 | 1197517 |
| &nbsp;&nbsp;&nbsp; Series 2019-C7, Class A4, 3.10%, 12/15/72 | &nbsp;&nbsp;&nbsp; 1500 | 1433310 |
| &nbsp;&nbsp;&nbsp; Series 2019-GC41, Class A5, 2.87%, 08/10/56 | &nbsp;&nbsp;&nbsp; 1500 | 1426958 |
| &nbsp;&nbsp;&nbsp; Series 2019-GC41, Class AS, 3.02%, 08/10/56 | &nbsp;&nbsp;&nbsp; 750 | 695907 |
| &nbsp;&nbsp;&nbsp; Series 2019-GC43, Class A4, 3.04%, 11/10/52 | &nbsp;&nbsp;&nbsp; 750 | 709834 |
| &nbsp;&nbsp;&nbsp; Series 2020-GC46, Class A5, 2.72%, 02/15/53 | &nbsp;&nbsp;&nbsp; 1000 | 937519 |
| &nbsp;&nbsp;&nbsp; Series 2020-GC46, Class AS, 2.92%, 02/15/53<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 500 | 449389 |
| &nbsp;&nbsp;&nbsp; Series 2020-GC46, Class B, 3.15%, 02/15/53<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 234 | 202922 |
| Commission Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp; Series 2017-COR2, Class C, 4.59%, 09/10/50<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 750 | 718260 |
| &nbsp;&nbsp;&nbsp; Series 2019-GC44, Class A5, 2.95%, 08/15/57 | &nbsp;&nbsp;&nbsp; 1000 | 947738 |
| CSAIL Commercial Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp; 2.49%, 03/15/54 | &nbsp;&nbsp;&nbsp; 1290 | 1203480 |
| &nbsp;&nbsp;&nbsp; 2.72%, 12/15/52 | &nbsp;&nbsp;&nbsp; 500 | 478068 |
| &nbsp;&nbsp;&nbsp; 4.05%, 03/15/52 | &nbsp;&nbsp;&nbsp; 3117 | 3089339 |
| &nbsp;&nbsp;&nbsp; Series 2016-C7, Class AS, 3.96%, 11/15/49<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1000 | 980975 |
| &nbsp;&nbsp;&nbsp; Series 2017-CX9, Class A5, 3.45%, 09/15/50 | &nbsp;&nbsp;&nbsp; 1000 | 980652 |
| &nbsp;&nbsp;&nbsp; Series 2018-CX11, Class A5, 4.03%, 04/15/51<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1000 | 996493 |
| &nbsp;&nbsp;&nbsp; Series 2019-C15, Class A3, 3.78%, 03/15/52 | &nbsp;&nbsp;&nbsp; 1393 | 1369853 |
| &nbsp;&nbsp;&nbsp; Series 2019-C15, Class B, 4.48%, 03/15/52 | &nbsp;&nbsp;&nbsp; 1000 | 926700 |
| &nbsp;&nbsp;&nbsp; Series 2019-C18, Class A4, 2.97%, 12/15/52 | &nbsp;&nbsp;&nbsp; 250 | 239061 |
| &nbsp;&nbsp;&nbsp; Series 2019-C18, Class ASB, 2.87%, 12/15/52 | &nbsp;&nbsp;&nbsp; 384 | 376536 |
| &nbsp;&nbsp;&nbsp; Series 2020-C19, Class A3, 2.56%, 03/15/53 | &nbsp;&nbsp;&nbsp; 1500 | 1367651 |
| &nbsp;&nbsp;&nbsp; DBGS Mortgage Trust, Series 2018-C1, Class A4, <br> 4.47%, 10/15/51<br>| &nbsp;&nbsp;&nbsp; 1400 | 1402992 |
| Federal Home Loan Mortgage Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.33%, 06/25/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2000 | 2023014 |
| &nbsp;&nbsp;&nbsp; 4.40%, 06/25/35<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3000 | 2978842 |

---

------

Schedule of Investments (unaudited)(continued)

January 31, 2026

**iShares® CMBS ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Mortgage-Backed Securities (continued)** | **Mortgage-Backed Securities (continued)** | **Mortgage-Backed Securities (continued)** |
| &nbsp;&nbsp;&nbsp; 4.53%, 10/25/35<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; $1500 | $1502246 |
| &nbsp;&nbsp;&nbsp; 4.58%, 08/25/35<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1000 | 1006213 |
| &nbsp;&nbsp;&nbsp; 4.94%, 11/25/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1500 | 1553091 |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/25/34 | &nbsp;&nbsp;&nbsp; 1500 | 1559447 |
| &nbsp;&nbsp;&nbsp; 5.00%, 02/25/35<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4000 | 4152469 |
| &nbsp;&nbsp;&nbsp; 5.15%, 12/25/33<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1000 | 1049669 |
| &nbsp;&nbsp;&nbsp; Federal Home Loan Mortgage Corp. Multifamily <br> Structured Pass-Through Certificates<br>|  |  |
| &nbsp;&nbsp;&nbsp; 1.52%, 11/25/30 | &nbsp;&nbsp;&nbsp; 1250 | 1113716 |
| &nbsp;&nbsp;&nbsp; 2.05%, 11/25/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1000 | 953397 |
| &nbsp;&nbsp;&nbsp; 2.24%, 10/25/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1000 | 903998 |
| &nbsp;&nbsp;&nbsp; 2.35%, 11/25/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1110 | 1006584 |
| &nbsp;&nbsp;&nbsp; 3.53%, 08/25/32 | &nbsp;&nbsp;&nbsp; 1000 | 958749 |
| &nbsp;&nbsp;&nbsp; 3.53%, 09/25/32 | &nbsp;&nbsp;&nbsp; 2000 | 1907437 |
| &nbsp;&nbsp;&nbsp; 3.60%, 02/25/28 | &nbsp;&nbsp;&nbsp; 1250 | 1242310 |
| &nbsp;&nbsp;&nbsp; 3.78%, 01/25/32 | &nbsp;&nbsp;&nbsp; 282 | 280870 |
| &nbsp;&nbsp;&nbsp; 3.78%, 11/25/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2000 | 1942560 |
| &nbsp;&nbsp;&nbsp; 3.80%, 10/25/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1000 | 971674 |
| &nbsp;&nbsp;&nbsp; 3.82%, 12/25/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2000 | 1943575 |
| &nbsp;&nbsp;&nbsp; 3.90%, 04/25/28 | &nbsp;&nbsp;&nbsp; 2000 | 1999088 |
| &nbsp;&nbsp;&nbsp; 3.92%, 09/25/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2000 | 1998579 |
| &nbsp;&nbsp;&nbsp; 4.05%, 07/25/33 | &nbsp;&nbsp;&nbsp; 1500 | 1472340 |
| &nbsp;&nbsp;&nbsp; 4.20%, 05/25/33 | &nbsp;&nbsp;&nbsp; 3500 | 3470647 |
| &nbsp;&nbsp;&nbsp; 4.22%, 04/25/30 | &nbsp;&nbsp;&nbsp; 2000 | 2008207 |
| &nbsp;&nbsp;&nbsp; 4.25%, 04/25/33 | &nbsp;&nbsp;&nbsp; 1000 | 995095 |
| &nbsp;&nbsp;&nbsp; 4.25%, 04/25/33 | &nbsp;&nbsp;&nbsp; 1500 | 1484890 |
| &nbsp;&nbsp;&nbsp; 4.27%, 07/25/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1500 | 1513386 |
| &nbsp;&nbsp;&nbsp; 4.29%, 07/25/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1250 | 1261830 |
| &nbsp;&nbsp;&nbsp; 4.41%, 03/25/30 | &nbsp;&nbsp;&nbsp; 1000 | 1013854 |
| &nbsp;&nbsp;&nbsp; 4.43%, 02/25/33<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2000 | 2013880 |
| &nbsp;&nbsp;&nbsp; 4.50%, 07/25/33<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 855 | 862694 |
| &nbsp;&nbsp;&nbsp; 4.50%, 08/25/33<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 500 | 504508 |
| &nbsp;&nbsp;&nbsp; 4.51%, 02/25/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1500 | 1527949 |
| &nbsp;&nbsp;&nbsp; 4.57%, 12/25/28 | &nbsp;&nbsp;&nbsp; 1387 | 1409808 |
| &nbsp;&nbsp;&nbsp; 4.65%, 08/25/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1000 | 1017165 |
| &nbsp;&nbsp;&nbsp; 4.74%, 08/25/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1000 | 1019437 |
| &nbsp;&nbsp;&nbsp; 4.82%, 06/25/28 | &nbsp;&nbsp;&nbsp; 1000 | 1019585 |
| &nbsp;&nbsp;&nbsp; 4.90%, 10/25/33<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1750 | 1808639 |
| &nbsp;&nbsp;&nbsp; 4.94%, 11/25/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1000 | 1035610 |
| &nbsp;&nbsp;&nbsp; 5.00%, 03/25/34<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5325 | 5536955 |
| &nbsp;&nbsp;&nbsp; 5.36%, 01/25/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 500 | 519229 |
| &nbsp;&nbsp;&nbsp; 5.40%, 01/25/29 | &nbsp;&nbsp;&nbsp; 1000 | 1038276 |
| Federal National Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp; 1.71%, 11/25/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 851 | 796668 |
| &nbsp;&nbsp;&nbsp; 1.94%, 12/25/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1000 | 885107 |
| &nbsp;&nbsp;&nbsp; 2.35%, 02/25/31 | &nbsp;&nbsp;&nbsp; 907 | 851555 |
| &nbsp;&nbsp;&nbsp; 2.59%, 06/25/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2000 | 1822353 |
| &nbsp;&nbsp;&nbsp; 3.06%, 06/25/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 250 | 248046 |
| &nbsp;&nbsp;&nbsp; 3.77%, 09/25/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1100 | 1069192 |
| &nbsp;&nbsp;&nbsp; 4.45%, 08/25/34<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 500 | 497835 |
| &nbsp;&nbsp;&nbsp; Series 2016-M10, Class AV2, 3.00%, 11/25/45 | &nbsp;&nbsp;&nbsp; 500 | 418001 |
| &nbsp;&nbsp;&nbsp; Series 2017-M14, Class A2, 2.81%, 11/25/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1233 | 1210816 |
| &nbsp;&nbsp;&nbsp; Series 2018-M14, Class A2, 3.58%, 08/25/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 389 | 386317 |
| &nbsp;&nbsp;&nbsp; Series 2019-M12, Class A2, 2.89%, 06/25/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1123 | 1089719 |
| &nbsp;&nbsp;&nbsp; Series 2019-M25, Class A2, 2.33%, 11/25/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1561 | 1478290 |
| &nbsp;&nbsp;&nbsp; Series 2020-M1, Class A2, 2.44%, 10/25/29 | &nbsp;&nbsp;&nbsp; 2530 | 2402092 |
| &nbsp;&nbsp;&nbsp; Series 2020-M14, Class A2, 1.78%, 05/25/30 | &nbsp;&nbsp;&nbsp; 904 | 828716 |
| &nbsp;&nbsp;&nbsp; Series 2020-M5, Class A3, 2.19%, 01/25/30 | &nbsp;&nbsp;&nbsp; 1000 | 933409 |
| &nbsp;&nbsp;&nbsp; Series 2020-M8, Class A2, 1.82%, 02/25/30 | &nbsp;&nbsp;&nbsp; 91 | 83740 |
| &nbsp;&nbsp;&nbsp; Series 2021-M19, Class A2, 1.74%, 10/25/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2000 | 1762956 |
| &nbsp;&nbsp;&nbsp; Series 2021-M4, Class A2, 1.47%, 02/25/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2500 | 2213913 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Mortgage-Backed Securities (continued)** | **Mortgage-Backed Securities (continued)** | **Mortgage-Backed Securities (continued)** |
| &nbsp;&nbsp;&nbsp; Series 2022-M3, Class A2, 1.71%, 11/25/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; $2000 | $1747496 |
| &nbsp;&nbsp;&nbsp; Series 2022-M4, Class A2, 2.29%, 05/25/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1800 | 1684829 |
| &nbsp;&nbsp;&nbsp; Series2019-M6, Class A2, 3.45%, 01/01/29 | &nbsp;&nbsp;&nbsp; 27 | 26877 |
| Federal National Mortgage Association-ACES |  |  |
| &nbsp;&nbsp;&nbsp; 1.68%, 11/25/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2000 | 1715683 |
| &nbsp;&nbsp;&nbsp; 1.81%, 10/25/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1000 | 888552 |
| &nbsp;&nbsp;&nbsp; 1.93%, 01/25/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 900 | 797208 |
| &nbsp;&nbsp;&nbsp; 2.40%, 11/25/31 | &nbsp;&nbsp;&nbsp; 1000 | 913885 |
| &nbsp;&nbsp;&nbsp; 4.18%, 07/25/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 954 | 960498 |
| &nbsp;&nbsp;&nbsp; 4.70%, 01/25/35<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1000 | 1013415 |
| &nbsp;&nbsp;&nbsp; Series 2017, Class A2, 2.97%, 09/25/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 793 | 784328 |
| &nbsp;&nbsp;&nbsp; Series 2020-M20, Class A2, 1.44%, 10/25/29 | &nbsp;&nbsp;&nbsp; 250 | 229173 |
| FIVE Mortgage Trust, 5.67%, 02/10/56<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 300 | 307518 |
| &nbsp;&nbsp;&nbsp; Freddie Mac Multifamily Structured Pass <br> Through Certificates<br>|  |  |
| &nbsp;&nbsp;&nbsp; 1.71%, 07/25/28 | &nbsp;&nbsp;&nbsp; 1421 | 1354944 |
| &nbsp;&nbsp;&nbsp; 2.71%, 04/25/55 | &nbsp;&nbsp;&nbsp; 2129 | 2025477 |
| &nbsp;&nbsp;&nbsp; 2.98%, 05/25/29 | &nbsp;&nbsp;&nbsp; 1972 | 1921233 |
| &nbsp;&nbsp;&nbsp; 4.13%, 10/25/34 | &nbsp;&nbsp;&nbsp; 1912 | 1903205 |
| &nbsp;&nbsp;&nbsp; 4.41%, 01/25/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 500 | 507474 |
| &nbsp;&nbsp;&nbsp; 4.49%, 09/25/34 | &nbsp;&nbsp;&nbsp; 3000 | 3012011 |
| &nbsp;&nbsp;&nbsp; 4.68%, 10/25/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 500 | 512221 |
| &nbsp;&nbsp;&nbsp; 4.72%, 12/25/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1882 | 1921934 |
| &nbsp;&nbsp;&nbsp; 4.79%, 09/25/29 | &nbsp;&nbsp;&nbsp; 2500 | 2566761 |
| &nbsp;&nbsp;&nbsp; 5.07%, 10/25/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1250 | 1285406 |
| &nbsp;&nbsp;&nbsp; 5.48%, 01/25/29 | &nbsp;&nbsp;&nbsp; 115 | 119705 |
| FREMF Mortgage Trust, 4.25%, 11/25/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2000 | 2018690 |
| GS Mortgage Securities Trust |  |  |
| &nbsp;&nbsp;&nbsp; 2.12%, 05/12/53 | &nbsp;&nbsp;&nbsp; 2000 | 1877179 |
| &nbsp;&nbsp;&nbsp; 2.37%, 12/15/54 | &nbsp;&nbsp;&nbsp; 1000 | 884313 |
| &nbsp;&nbsp;&nbsp; 2.38%, 05/12/53 | &nbsp;&nbsp;&nbsp; 1500 | 1386084 |
| &nbsp;&nbsp;&nbsp; 2.79%, 11/10/52 | &nbsp;&nbsp;&nbsp; 250 | 238678 |
| &nbsp;&nbsp;&nbsp; 3.47%, 11/10/50 | &nbsp;&nbsp;&nbsp; 3390 | 3349442 |
| &nbsp;&nbsp;&nbsp; 3.89%, 07/10/51 | &nbsp;&nbsp;&nbsp; 675 | 665001 |
| &nbsp;&nbsp;&nbsp; 4.31%, 11/10/50<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 400 | 362401 |
| &nbsp;&nbsp;&nbsp; Series 2017-GS7, Class A3, 3.17%, 08/10/50 | &nbsp;&nbsp;&nbsp; 2000 | 1972367 |
| &nbsp;&nbsp;&nbsp; Series 2017-GS7, Class B, 3.88%, 08/10/50 | &nbsp;&nbsp;&nbsp; 500 | 482534 |
| &nbsp;&nbsp;&nbsp; Series 2019-GC38, Class A4, 3.97%, 02/10/52 | &nbsp;&nbsp;&nbsp; 750 | 742491 |
| &nbsp;&nbsp;&nbsp; Series 2019-GC40, Class A4, 3.16%, 07/10/52 | &nbsp;&nbsp;&nbsp; 1131 | 1088963 |
| &nbsp;&nbsp;&nbsp; Series 2019-GSA1, Class C, 3.80%, 11/10/52<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 500 | 457391 |
| &nbsp;&nbsp;&nbsp; Series 2020-GC45, Class A4, 2.66%, 02/13/53 | &nbsp;&nbsp;&nbsp; 775 | 737619 |
| JPMCC Commercial Mortgage Securities Trust |  |  |
| &nbsp;&nbsp;&nbsp; 3.12%, 06/13/52 | &nbsp;&nbsp;&nbsp; 500 | 486688 |
| &nbsp;&nbsp;&nbsp; Series 2017-JP6, Class A5, 3.49%, 07/15/50 | &nbsp;&nbsp;&nbsp; 300 | 294367 |
| &nbsp;&nbsp;&nbsp; Series 2017-JP6, Class AS, 3.74%, 07/15/50 | &nbsp;&nbsp;&nbsp; 400 | 387489 |
| &nbsp;&nbsp;&nbsp; Series 2019-COR5, Class A2, 3.15%, 06/13/52 | &nbsp;&nbsp;&nbsp; 41 | 40766 |
| JPMDB Commercial Mortgage Securities Trust |  |  |
| &nbsp;&nbsp;&nbsp; Series 2017-C5, Class A5, 3.69%, 03/15/50 | &nbsp;&nbsp;&nbsp; 1100 | 1089494 |
| &nbsp;&nbsp;&nbsp; Series 2018-C8, Class A3, 3.94%, 06/15/51 | &nbsp;&nbsp;&nbsp; 452 | 449996 |
| &nbsp;&nbsp;&nbsp; Series 2018-C8, Class A4, 4.21%, 06/15/51 | &nbsp;&nbsp;&nbsp; 450 | 449924 |
| &nbsp;&nbsp;&nbsp; Series 2019-COR6, Class A4, 3.06%, 11/13/52 | &nbsp;&nbsp;&nbsp; 955 | 875447 |
| &nbsp;&nbsp;&nbsp; Series 2020-COR7, Class A5, 2.18%, 05/13/53 | &nbsp;&nbsp;&nbsp; 539 | 465357 |
| Morgan Stanley BAML Trust, 5.64%, 03/15/58 | &nbsp;&nbsp;&nbsp; 900 | 940722 |
| Morgan Stanley Bank of America Merrill Lynch Trust |  |  |
| &nbsp;&nbsp;&nbsp; 2.60%, 09/15/49 | &nbsp;&nbsp;&nbsp; 413 | 411754 |
| &nbsp;&nbsp;&nbsp; 5.63%, 08/15/58 | &nbsp;&nbsp;&nbsp; 500 | 528982 |
| &nbsp;&nbsp;&nbsp; Series 2016-C32, Class ASB, 3.51%, 12/15/49 | &nbsp;&nbsp;&nbsp; 60 | 60089 |
| Morgan Stanley Capital I Trust |  |  |
| &nbsp;&nbsp;&nbsp; 2.32%, 10/15/54 | &nbsp;&nbsp;&nbsp; 500 | 444792 |
| &nbsp;&nbsp;&nbsp; 2.45%, 02/15/53 | &nbsp;&nbsp;&nbsp; 980 | 913776 |
| &nbsp;&nbsp;&nbsp; 3.13%, 11/15/52 | &nbsp;&nbsp;&nbsp; 250 | 239244 |

---

------

Schedule of Investments (unaudited)(continued)

January 31, 2026

**iShares® CMBS ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Mortgage-Backed Securities (continued)** | **Mortgage-Backed Securities (continued)** | **Mortgage-Backed Securities (continued)** |
| &nbsp;&nbsp;&nbsp; 3.63%, 11/15/52<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; $250 | $219504 |
| &nbsp;&nbsp;&nbsp; 4.86%, 07/15/51<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 400 | 379813 |
| &nbsp;&nbsp;&nbsp; Series 2016-UB12, Class A3, 3.34%, 12/15/49 | &nbsp;&nbsp;&nbsp; 906 | 897792 |
| &nbsp;&nbsp;&nbsp; Series 2018-H3, Class A4, 3.91%, 07/15/51 | &nbsp;&nbsp;&nbsp; 321 | 318815 |
| &nbsp;&nbsp;&nbsp; Series 2018-H3, Class A5, 4.18%, 07/15/51 | &nbsp;&nbsp;&nbsp; 370 | 369731 |
| &nbsp;&nbsp;&nbsp; Series 2020-HR8, Class A4, 2.04%, 07/15/53 | &nbsp;&nbsp;&nbsp; 1120 | 1016708 |
| &nbsp;&nbsp;&nbsp; Series 2020-L4, Class A3, 2.70%, 02/15/53 | &nbsp;&nbsp;&nbsp; 500 | 468075 |
| &nbsp;&nbsp;&nbsp; Series 2021-L5, Class ASB, 2.43%, 05/15/54 | &nbsp;&nbsp;&nbsp; 145 | 138097 |
| &nbsp;&nbsp;&nbsp; Series 2021-L6, Class A2, 2.13%, 06/15/54<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 993 | 972741 |
| &nbsp;&nbsp;&nbsp; Series 2021-L7, Class A5, 2.57%, 10/15/54 | &nbsp;&nbsp;&nbsp; 1000 | 897610 |
| MSWF Commercial Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp; 5.47%, 05/15/56 | &nbsp;&nbsp;&nbsp; 900 | 938460 |
| &nbsp;&nbsp;&nbsp; 5.75%, 05/15/56 | &nbsp;&nbsp;&nbsp; 730 | 772724 |
| UBS Commercial Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp; 4.33%, 10/15/51 | &nbsp;&nbsp;&nbsp; 800 | 800583 |
| &nbsp;&nbsp;&nbsp; 4.67%, 12/15/51<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 250 | 245470 |
| &nbsp;&nbsp;&nbsp; 4.75%, 12/15/51<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 500 | 497867 |
| &nbsp;&nbsp;&nbsp; Series 2017-C1, Class A4, 3.54%, 11/15/50<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1580 | 1555333 |
| &nbsp;&nbsp;&nbsp; Series 2017-C6, Class AS, 3.93%, 12/15/50<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 500 | 487833 |
| &nbsp;&nbsp;&nbsp; Series 2018-C08, Class A4, 3.98%, 02/15/51 | &nbsp;&nbsp;&nbsp; 1325 | 1317567 |
| &nbsp;&nbsp;&nbsp; Series 2018-C15, Class B, 4.92%, 12/15/51<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 750 | 730298 |
| &nbsp;&nbsp;&nbsp; Series 2019-C17, Class A4, 2.92%, 10/15/52 | &nbsp;&nbsp;&nbsp; 1000 | 952761 |
| Wells Fargo Commercial Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp; 1.85%, 07/15/53 | &nbsp;&nbsp;&nbsp; 491 | 468893 |
| &nbsp;&nbsp;&nbsp; 2.34%, 04/15/54 | &nbsp;&nbsp;&nbsp; 1000 | 916653 |
| &nbsp;&nbsp;&nbsp; 2.89%, 12/15/52 | &nbsp;&nbsp;&nbsp; 480 | 457187 |
| &nbsp;&nbsp;&nbsp; 3.31%, 11/15/54 | &nbsp;&nbsp;&nbsp; 500 | 428037 |
| &nbsp;&nbsp;&nbsp; 4.00%, 04/15/55<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 500 | 484420 |
| &nbsp;&nbsp;&nbsp; 4.15%, 03/15/51<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1000 | 991179 |
| &nbsp;&nbsp;&nbsp; 4.15%, 08/15/51 | &nbsp;&nbsp;&nbsp; 623 | 622809 |
| &nbsp;&nbsp;&nbsp; 4.48%, 11/15/50<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 250 | 231893 |
| &nbsp;&nbsp;&nbsp; 4.55%, 03/15/52 | &nbsp;&nbsp;&nbsp; 500 | 489635 |
| &nbsp;&nbsp;&nbsp; 5.59%, 07/15/58 | &nbsp;&nbsp;&nbsp; 1000 | 1044927 |
| &nbsp;&nbsp;&nbsp; 5.65%, 02/15/58 | &nbsp;&nbsp;&nbsp; 500 | 528516 |
| &nbsp;&nbsp;&nbsp; 5.67%, 10/15/58<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 250 | 258618 |
| &nbsp;&nbsp;&nbsp; 5.92%, 11/15/57<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1000 | 1052157 |
| &nbsp;&nbsp;&nbsp; 5.92%, 07/15/58 | &nbsp;&nbsp;&nbsp; 500 | 522564 |
| &nbsp;&nbsp;&nbsp; 5.98%, 10/15/58<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 500 | 518445 |
| &nbsp;&nbsp;&nbsp; 6.09%, 05/15/58 | &nbsp;&nbsp;&nbsp; 1200 | 1259964 |
| &nbsp;&nbsp;&nbsp; 6.10%, 01/15/58 | &nbsp;&nbsp;&nbsp; 1000 | 1060170 |
| &nbsp;&nbsp;&nbsp; Series 2016-NXS6, Class B, 3.81%, 11/15/49 | &nbsp;&nbsp;&nbsp; 500 | 490689 |
| &nbsp;&nbsp;&nbsp; Series 2017-C38, Class A4, 3.19%, 07/15/50 | &nbsp;&nbsp;&nbsp; 578 | 571743 |
| &nbsp;&nbsp;&nbsp; Series 2017-C42, Class B, 4.00%, 12/15/50<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 500 | 460630 |
| &nbsp;&nbsp;&nbsp; Series 2018-C44, Class A4, 3.95%, 05/15/51 | &nbsp;&nbsp;&nbsp; 1240 | 1232736 |
| &nbsp;&nbsp;&nbsp; Series 2018-C45, Class AS, 4.41%, 06/15/51<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 350 | 344613 |
| &nbsp;&nbsp;&nbsp; Series 2018-C46, Class AS, 4.38%, 08/15/51 | &nbsp;&nbsp;&nbsp; 750 | 737979 |
| &nbsp;&nbsp;&nbsp; Series 2018-C47, Class A4, 4.44%, 09/15/61 | &nbsp;&nbsp;&nbsp; 2000 | 2010838 |
| &nbsp;&nbsp;&nbsp; Series 2019-C49, Class A5, 4.02%, 03/15/52 | &nbsp;&nbsp;&nbsp; 750 | 745760 |
| &nbsp;&nbsp;&nbsp; Series 2019-C49, Class C, 4.87%, 03/15/52<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 665 | 643237 |
| &nbsp;&nbsp;&nbsp; Series 2019-C51, Class AS, 3.58%, 06/15/52 | &nbsp;&nbsp;&nbsp; 492 | 462159 |
| &nbsp;&nbsp;&nbsp; Series 2020-C55, Class A5, 2.73%, 02/15/53 | &nbsp;&nbsp;&nbsp; 1479 | 1392824 |
| &nbsp;&nbsp;&nbsp; Series 2020-C56, Class ASB, 2.42%, 06/15/53 | &nbsp;&nbsp;&nbsp; 425 | 410616 |
| &nbsp;&nbsp;&nbsp; Series 2020-C56, Class B, 3.61%, 06/15/53<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 345 | 310809 |
| &nbsp;&nbsp;&nbsp; Series 2021-C59, Class A5, 2.63%, 04/15/54 | &nbsp;&nbsp;&nbsp; 1000 | 908927 |
| &nbsp;&nbsp;&nbsp; Series 2021-C59, Class ASB, 2.30%, 04/15/54 | &nbsp;&nbsp;&nbsp; 459 | 441613 |
|  |  | 356475850 |
| **Total Collateralized Mortgage Obligations — 71.4%** <br>**(Cost: $361,594,422)** | **Total Collateralized Mortgage Obligations — 71.4%** <br>**(Cost: $361,594,422)** | 356475850 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **U.S. Government & Agency Obligations** | **U.S. Government & Agency Obligations** | **U.S. Government & Agency Obligations** |
| **Mortgage-Backed Securities — 27.2%** | **Mortgage-Backed Securities — 27.2%** | **Mortgage-Backed Securities — 27.2%** |
| &nbsp;&nbsp;&nbsp; Federal Home Loan Mortgage Corp. Multifamily <br> Structured Pass-Through Certificates<br>|  |  |
| &nbsp;&nbsp;&nbsp; 1.31%, 05/25/30 | &nbsp;&nbsp;&nbsp; $1000 | $896123 |
| &nbsp;&nbsp;&nbsp; 2.03%, 09/25/28 | &nbsp;&nbsp;&nbsp; 1650 | 1576272 |
| &nbsp;&nbsp;&nbsp; 2.25%, 01/25/32 | &nbsp;&nbsp;&nbsp; 2165 | 1945953 |
| &nbsp;&nbsp;&nbsp; 2.45%, 04/25/32 | &nbsp;&nbsp;&nbsp; 1000 | 905148 |
| &nbsp;&nbsp;&nbsp; 2.58%, 05/25/32 | &nbsp;&nbsp;&nbsp; 1250 | 1138151 |
| &nbsp;&nbsp;&nbsp; 3.50%, 07/25/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1750 | 1676594 |
| &nbsp;&nbsp;&nbsp; Class A1, 2.55%, 05/25/31 | &nbsp;&nbsp;&nbsp; 969 | 928529 |
| &nbsp;&nbsp;&nbsp; Class A2, 2.25%, 02/25/32 | &nbsp;&nbsp;&nbsp; 1500 | 1348487 |
| &nbsp;&nbsp;&nbsp; Class A2, 2.92%, 06/25/32 | &nbsp;&nbsp;&nbsp; 650 | 603078 |
| &nbsp;&nbsp;&nbsp; Series K068, Class A2, 3.24%, 08/25/27 | &nbsp;&nbsp;&nbsp; 3000 | 2975970 |
| &nbsp;&nbsp;&nbsp; Series K070, Class A2, 3.30%, 11/25/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3541 | 3511929 |
| &nbsp;&nbsp;&nbsp; Series K071, Class A2, 3.29%, 11/25/27 | &nbsp;&nbsp;&nbsp; 3000 | 2972920 |
| &nbsp;&nbsp;&nbsp; Series K072, Class A2, 3.44%, 12/25/27 | &nbsp;&nbsp;&nbsp; 1000 | 993616 |
| &nbsp;&nbsp;&nbsp; Series K073, Class A2, 3.35%, 01/25/28 | &nbsp;&nbsp;&nbsp; 1000 | 991822 |
| &nbsp;&nbsp;&nbsp; Series K077, Class A2, 3.85%, 05/25/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1000 | 1000105 |
| &nbsp;&nbsp;&nbsp; Series K079, Class A2, 3.93%, 06/25/28 | &nbsp;&nbsp;&nbsp; 1100 | 1101764 |
| &nbsp;&nbsp;&nbsp; Series K081, Class A2, 3.90%, 08/25/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1500 | 1501856 |
| &nbsp;&nbsp;&nbsp; Series K082, Class A2, 3.92%, 09/25/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1310 | 1312074 |
| &nbsp;&nbsp;&nbsp; Series K083, Class A2, 4.05%, 09/25/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1125 | 1130176 |
| &nbsp;&nbsp;&nbsp; Series K085, Class A2, 4.06%, 10/25/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2820 | 2833836 |
| &nbsp;&nbsp;&nbsp; Series K086, Class A2, 3.86%, 11/25/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1725 | 1724524 |
| &nbsp;&nbsp;&nbsp; Series K088, Class A1, 3.48%, 09/25/28 | &nbsp;&nbsp;&nbsp; 173 | 171772 |
| &nbsp;&nbsp;&nbsp; Series K088, Class A2, 3.69%, 01/25/29 | &nbsp;&nbsp;&nbsp; 1010 | 1005026 |
| &nbsp;&nbsp;&nbsp; Series K089, Class A2, 3.56%, 01/25/29 | &nbsp;&nbsp;&nbsp; 2675 | 2652342 |
| &nbsp;&nbsp;&nbsp; Series K091, Class A2, 3.51%, 03/25/29 | &nbsp;&nbsp;&nbsp; 2017 | 1995349 |
| &nbsp;&nbsp;&nbsp; Series K092, Class A2, 3.30%, 04/25/29 | &nbsp;&nbsp;&nbsp; 1010 | 992678 |
| &nbsp;&nbsp;&nbsp; Series K094, Class A2, 2.90%, 06/25/29 | &nbsp;&nbsp;&nbsp; 3420 | 3314730 |
| &nbsp;&nbsp;&nbsp; Series K095, Class A2, 2.79%, 06/25/29 | &nbsp;&nbsp;&nbsp; 675 | 652117 |
| &nbsp;&nbsp;&nbsp; Series K098, Class A2, 2.43%, 08/25/29 | &nbsp;&nbsp;&nbsp; 4500 | 4285250 |
| &nbsp;&nbsp;&nbsp; Series K100, Class A2, 2.67%, 09/25/29 | &nbsp;&nbsp;&nbsp; 1500 | 1437113 |
| &nbsp;&nbsp;&nbsp; Series K101, Class A2, 2.52%, 10/25/29 | &nbsp;&nbsp;&nbsp; 250 | 238080 |
| &nbsp;&nbsp;&nbsp; Series K102, Class A2, 2.54%, 10/25/29 | &nbsp;&nbsp;&nbsp; 1000 | 953228 |
| &nbsp;&nbsp;&nbsp; Series K103, Class A2, 2.65%, 11/25/29 | &nbsp;&nbsp;&nbsp; 1220 | 1165436 |
| &nbsp;&nbsp;&nbsp; Series K105, Class A2, 1.87%, 01/25/30 | &nbsp;&nbsp;&nbsp; 1485 | 1373561 |
| &nbsp;&nbsp;&nbsp; Series K106, Class A1, 1.78%, 10/25/29 | &nbsp;&nbsp;&nbsp; 701 | 672303 |
| &nbsp;&nbsp;&nbsp; Series K106, Class A2, 2.07%, 01/25/30 | &nbsp;&nbsp;&nbsp; 1250 | 1164239 |
| &nbsp;&nbsp;&nbsp; Series K107, Class A2, 1.64%, 01/25/30 | &nbsp;&nbsp;&nbsp; 1250 | 1147639 |
| &nbsp;&nbsp;&nbsp; Series K108, Class A2, 1.52%, 03/25/30 | &nbsp;&nbsp;&nbsp; 2153 | 1961018 |
| &nbsp;&nbsp;&nbsp; Series K109, Class A2, 1.56%, 04/25/30 | &nbsp;&nbsp;&nbsp; 1000 | 908764 |
| &nbsp;&nbsp;&nbsp; Series K110, Class A1, 1.02%, 09/25/29 | &nbsp;&nbsp;&nbsp; 517 | 489824 |
| &nbsp;&nbsp;&nbsp; Series K110, Class A2, 1.48%, 04/25/30 | &nbsp;&nbsp;&nbsp; 1640 | 1487570 |
| &nbsp;&nbsp;&nbsp; Series K111, Class A2, 1.35%, 05/25/30 | &nbsp;&nbsp;&nbsp; 2500 | 2247143 |
| &nbsp;&nbsp;&nbsp; Series K114, Class A2, 1.37%, 06/25/30 | &nbsp;&nbsp;&nbsp; 1000 | 895271 |
| &nbsp;&nbsp;&nbsp; Series K115, Class A2, 1.38%, 06/25/30 | &nbsp;&nbsp;&nbsp; 1250 | 1120499 |
| &nbsp;&nbsp;&nbsp; Series K116, Class A2, 1.38%, 07/25/30 | &nbsp;&nbsp;&nbsp; 2025 | 1811189 |
| &nbsp;&nbsp;&nbsp; Series K117, Class A2, 1.41%, 08/25/30 | &nbsp;&nbsp;&nbsp; 4683 | 4183450 |
| &nbsp;&nbsp;&nbsp; Series K118, Class A2, 1.49%, 09/25/30 | &nbsp;&nbsp;&nbsp; 500 | 447516 |
| &nbsp;&nbsp;&nbsp; Series K119, Class A2, 1.57%, 09/25/30 | &nbsp;&nbsp;&nbsp; 2000 | 1794529 |
| &nbsp;&nbsp;&nbsp; Series K120, Class A2, 1.50%, 10/25/30 | &nbsp;&nbsp;&nbsp; 2200 | 1962672 |
| &nbsp;&nbsp;&nbsp; Series K123, Class A2, 1.62%, 12/25/30 | &nbsp;&nbsp;&nbsp; 600 | 536977 |
| &nbsp;&nbsp;&nbsp; Series K124, Class A2, 1.66%, 12/25/30 | &nbsp;&nbsp;&nbsp; 2525 | 2259842 |
| &nbsp;&nbsp;&nbsp; Series K125, Class A2, 1.85%, 01/25/31 | &nbsp;&nbsp;&nbsp; 1000 | 901832 |
| &nbsp;&nbsp;&nbsp; Series K126, Class A2, 2.07%, 01/25/31 | &nbsp;&nbsp;&nbsp; 1116 | 1018349 |
| &nbsp;&nbsp;&nbsp; Series K127, Class A2, 2.11%, 01/25/31 | &nbsp;&nbsp;&nbsp; 1740 | 1588324 |
| &nbsp;&nbsp;&nbsp; Series K128, Class A2, 2.02%, 03/25/31 | &nbsp;&nbsp;&nbsp; 2750 | 2498507 |
| &nbsp;&nbsp;&nbsp; Series K130, Class A2, 1.72%, 06/25/31 | &nbsp;&nbsp;&nbsp; 950 | 843902 |
| &nbsp;&nbsp;&nbsp; Series K131, Class A2, 1.85%, 07/25/31 | &nbsp;&nbsp;&nbsp; 1000 | 892836 |

---

------

Schedule of Investments (unaudited)(continued)

January 31, 2026

**iShares® CMBS ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Mortgage-Backed Securities (continued)** | **Mortgage-Backed Securities (continued)** | **Mortgage-Backed Securities (continued)** |
| &nbsp;&nbsp;&nbsp; Series K132, Class A2, 2.02%, 08/25/31 | &nbsp;&nbsp;&nbsp; $1794 | $1606566 |
| &nbsp;&nbsp;&nbsp; Series K133, Class A2, 2.10%, 09/25/31 | &nbsp;&nbsp;&nbsp; 1000 | 897832 |
| &nbsp;&nbsp;&nbsp; Series K135, Class A1, 1.61%, 10/25/30 | &nbsp;&nbsp;&nbsp; 1099 | 1027042 |
| &nbsp;&nbsp;&nbsp; Series K135, CLASS A2, 2.15%, 10/25/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2800 | 2520073 |
| &nbsp;&nbsp;&nbsp; Series K136, Class A2, 2.13%, 11/25/31 | &nbsp;&nbsp;&nbsp; 2900 | 2600968 |
| &nbsp;&nbsp;&nbsp; Series K139, Class A2, 2.59%, 01/25/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 750 | 687775 |
| &nbsp;&nbsp;&nbsp; Series K142, Class A2, 2.40%, 03/25/32 | &nbsp;&nbsp;&nbsp; 1000 | 904641 |
| &nbsp;&nbsp;&nbsp; Series K1510, Class A2, 3.72%, 01/25/31 | &nbsp;&nbsp;&nbsp; 880 | 865788 |
| &nbsp;&nbsp;&nbsp; Series K1510, Class A3, 3.79%, 01/25/34 | &nbsp;&nbsp;&nbsp; 500 | 480918 |
| &nbsp;&nbsp;&nbsp; Series K-1511, Class A2, 3.47%, 03/25/31 | &nbsp;&nbsp;&nbsp; 500 | 486124 |
| &nbsp;&nbsp;&nbsp; Series K-1512, Class A2, 2.99%, 05/25/31 | &nbsp;&nbsp;&nbsp; 730 | 693236 |
| &nbsp;&nbsp;&nbsp; Series K-1512, Class A3, 3.06%, 04/25/34 | &nbsp;&nbsp;&nbsp; 450 | 408397 |
| &nbsp;&nbsp;&nbsp; Series K-1513, Class A3, 2.80%, 08/25/34 | &nbsp;&nbsp;&nbsp; 1015 | 898950 |
| &nbsp;&nbsp;&nbsp; Series K-1516, Class A2, 1.72%, 05/25/35 | &nbsp;&nbsp;&nbsp; 1000 | 792738 |
| &nbsp;&nbsp;&nbsp; Series K-1517, Class A2, 1.72%, 07/25/35 | &nbsp;&nbsp;&nbsp; 1500 | 1194398 |
| &nbsp;&nbsp;&nbsp; Series K-1518, Class A2, 1.86%, 10/25/35 | &nbsp;&nbsp;&nbsp; 500 | 398950 |
| &nbsp;&nbsp;&nbsp; Series K152, Class A1, 2.83%, 05/25/30 | &nbsp;&nbsp;&nbsp; 881 | 858652 |
| &nbsp;&nbsp;&nbsp; Series K152, Class A2, 3.08%, 01/25/31 | &nbsp;&nbsp;&nbsp; 250 | 239455 |
| &nbsp;&nbsp;&nbsp; Series K-1520, Class A2, 2.44%, 02/25/36 | &nbsp;&nbsp;&nbsp; 1000 | 831566 |
| &nbsp;&nbsp;&nbsp; Series K-1521, Class A2, 2.18%, 08/25/36 | &nbsp;&nbsp;&nbsp; 1000 | 805052 |
| &nbsp;&nbsp;&nbsp; Series K153, Class A3, 3.12%, 10/25/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 500 | 474339 |
| &nbsp;&nbsp;&nbsp; Series K154, Class A3, 3.46%, 11/25/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 345 | 328800 |
| &nbsp;&nbsp;&nbsp; Series K155, Class A1, 3.75%, 11/25/29 | &nbsp;&nbsp;&nbsp; 321 | 320446 |
| &nbsp;&nbsp;&nbsp; Series K156, Class A3, 3.70%, 06/25/33<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 500 | 480552 |
| &nbsp;&nbsp;&nbsp; Series K157, Class A2, 3.99%, 05/25/33<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 826 | 823437 |
| &nbsp;&nbsp;&nbsp; Series K159, Class A2, 3.95%, 11/25/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 833 | 829410 |
| &nbsp;&nbsp;&nbsp; Series K740, Class A2, 1.47%, 09/25/27 | &nbsp;&nbsp;&nbsp; 2400 | 2314782 |
| &nbsp;&nbsp;&nbsp; Series K741, Class A2, 1.60%, 12/25/27 | &nbsp;&nbsp;&nbsp; 1071 | 1030817 |
| &nbsp;&nbsp;&nbsp; Series K742, Class A2, 1.76%, 03/25/28 | &nbsp;&nbsp;&nbsp; 1000 | 961081 |
| &nbsp;&nbsp;&nbsp; Series K742, Class AM, 1.37%, 04/25/28 | &nbsp;&nbsp;&nbsp; 1400 | 1326913 |
| Federal National Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp; Series 2013-M6, Class 1A2, 3.38%, 02/25/43<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 120 | 118884 |
| &nbsp;&nbsp;&nbsp; Series 2017-M11, Class A2, 2.98%, 08/25/29 | &nbsp;&nbsp;&nbsp; 824 | 800425 |
| &nbsp;&nbsp;&nbsp; Series 2017-M3, Class A2, 2.48%, 12/25/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 491 | 485147 |
| &nbsp;&nbsp;&nbsp; Series 2017-M4, Class A2, 2.57%, 12/25/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 897 | 886990 |
| &nbsp;&nbsp;&nbsp; Series 2017-M8, Class A2, 3.06%, 05/25/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1 | 1561 |
| &nbsp;&nbsp;&nbsp; Series 2018-M1, Class A2, 2.98%, 12/25/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2086 | 2058110 |
| &nbsp;&nbsp;&nbsp; Series 2018-M13, Class A2, 3.75%, 09/25/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 69 | 68500 |
| &nbsp;&nbsp;&nbsp; Series 2018-M7, Class A2, 3.03%, 03/25/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 672 | 662482 |
| &nbsp;&nbsp;&nbsp; Series 2019-M1, Class A2, 3.56%, 09/25/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1631 | 1620870 |
| &nbsp;&nbsp;&nbsp; Series 2019-M2, Class A2, 3.62%, 11/25/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1574 | 1565747 |
| &nbsp;&nbsp;&nbsp; Series 2019-M22, Class A2, 2.52%, 08/25/29 | &nbsp;&nbsp;&nbsp; 797 | 762888 |
| &nbsp;&nbsp;&nbsp; Series 2019-M4, Class A2, 3.61%, 02/25/31 | &nbsp;&nbsp;&nbsp; 1042 | 1019684 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Mortgage-Backed Securities (continued)** | **Mortgage-Backed Securities (continued)** | **Mortgage-Backed Securities (continued)** |
| &nbsp;&nbsp;&nbsp; Series 2019-M5, Class A2, 3.27%, 02/25/29 | &nbsp;&nbsp;&nbsp; $2165 | $2130093 |
| &nbsp;&nbsp;&nbsp; Series 2019-M7, Class A2, 3.14%, 04/25/29 | &nbsp;&nbsp;&nbsp; 2310 | 2259241 |
| &nbsp;&nbsp;&nbsp; Series 2019-M9, Class A2, 2.94%, 06/25/29 | &nbsp;&nbsp;&nbsp; 1978 | 1928255 |
| &nbsp;&nbsp;&nbsp; Series 2020-M5, Class A2, 2.21%, 01/25/30 | &nbsp;&nbsp;&nbsp; 2198 | 2064746 |
| &nbsp;&nbsp;&nbsp; Series 2021-M17, Class A2, 1.71%, 07/25/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2000 | 1776132 |
| &nbsp;&nbsp;&nbsp; Series 2022-M1, Class A2, 1.67%, 10/25/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2000 | 1749358 |
|  |  | 136188615 |
| **U.S. Government Obligations — 0.7%** | **U.S. Government Obligations — 0.7%** | **U.S. Government Obligations — 0.7%** |
| U.S. Treasury Note/Bond |  |  |
| &nbsp;&nbsp;&nbsp; 3.50%, 01/15/29 | &nbsp;&nbsp;&nbsp; 2000 | 1994219 |
| &nbsp;&nbsp;&nbsp; 4.00%, 11/15/35 | &nbsp;&nbsp;&nbsp; 1500 | 1469297 |
|  |  | 3463516 |
| **Total U.S. Government & Agency Obligations — 27.9%** <br>**(Cost: $144,865,312)** | **Total U.S. Government & Agency Obligations — 27.9%** <br>**(Cost: $144,865,312)** | 139652131 |
| **Total Long-Term Investments — 99.3%** <br>**(Cost: $506,459,734)** | **Total Long-Term Investments — 99.3%** <br>**(Cost: $506,459,734)** | 496127981 |
|  | &nbsp;&nbsp; *Shares* |  |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 1.5%** | **Money Market Funds — 1.5%** | **Money Market Funds — 1.5%** |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Treasury, SL Agency Shares, <br> 3.64%<sup>(c)(d)</sup><br>| &nbsp;&nbsp;&nbsp; 7410000 | 7410000 |
| **Total Short-Term Securities — 1.5%** <br>**(Cost: $7,410,000)** | **Total Short-Term Securities — 1.5%** <br>**(Cost: $7,410,000)** | 7410000 |
| **Total Investments — 100.8%** <br>**(Cost: $513,869,734)** | **Total Investments — 100.8%** <br>**(Cost: $513,869,734)** | 503537981 |
| **Liabilities in Excess of Other Assets — (0.8)%** | **Liabilities in Excess of Other Assets — (0.8)%** | (4209830)<br>|
| **Net Assets — 100.0%** | **Net Assets — 100.0%** | $499328151 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(a)</sup> Variable rate security. Interest rate resets periodically. The rate shown is the effective interest rate as of period end. Security description also includes the reference rate and spread if published and available. 

<sup>(b)</sup> Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors. 

<sup>(c)</sup> Affiliate of the Fund.

<sup>(d)</sup> Annualized 7-day yield as of period end.

**Affiliates**

Investments in issuers considered to be affiliate(s) of the Fund during the period ended January 31, 2026 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at* <br>*10/31/25*<br>| &nbsp;&nbsp; *Proceeds* <br>*from Sales*<br>| *Net Realized* <br>*Gain (Loss)*<br>| *Change in* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>| *Value at* <br>*01/31/26*<br>| *Shares* <br>*Held at* <br>*01/31/26*<br>| *Income* | *Capital* <br>*Gain* <br>*Distributions* <br>*from* <br>*Underlying* <br>*Funds*<br>|
| BlackRock Cash Funds: Treasury, SL Agency Shares | $4990000<br> $2420000 <br><sup>(a)</sup><br>| $— | $— | $— | $7410000 | 7410000 | $23490 | $— |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(a)</sup> Represents net amount purchased (sold).

------

Schedule of Investments (unaudited)(continued)

January 31, 2026

**iShares® CMBS ETF**

**Fair Value Hierarchy as of Period End** 

Various inputs are used in determining the fair value of financial instruments at the measurement date. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:

• Level 1 – Unadjusted price quotations in active markets/exchanges that the Fund has the ability to access for identical assets or liabilities;

• Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 – Inputs that are unobservable and significant to the entire fair value measurement for the asset or liability (including the Valuation Committee's assumptions used in determining the fair value of financial instruments).

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds that may not have a secondary market and/or may have a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund's policy regarding valuation of financial instruments, refer to its most recent financial statements.

The following table summarizes the Fund's financial instruments categorized in the fair value hierarchy. The breakdown of the Fund's financial instruments into major categories is disclosed in the Schedule of Investments above.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| Assets  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Long-Term Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Collateralized Mortgage Obligations | &nbsp;&nbsp; $— | &nbsp;&nbsp; $356475850 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $356475850 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Government & Agency Obligations | &nbsp;&nbsp; — | &nbsp;&nbsp; 139652131 | &nbsp;&nbsp; — | &nbsp;&nbsp; 139652131 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Short-Term Securities  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp; 7410000 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 7410000 |
|  | &nbsp;&nbsp; $7410000 | &nbsp;&nbsp; $496127981 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $503537981 |

---

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** iShares Trust

- **b. Investment Company Act file number:** 811-09729

- **c. CIK number of Registrant:** 0001100663

- **d. LEI of Registrant:** 5493000860OXIC4B5K91

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

  - **Street Address 1:** 400 Howard Street

  - **City:** San Francisco

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94105

  - **Telephone number:** 800-474-2737

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

- **a. Name of Series:** iShares CMBS ETF

- **b. EDGAR series identifier (if any):** S000035914

- **c. LEI of Series:** 5493008QF1WFU4PEB467

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

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

- **b. Date as of which information is reported:** 2026-01-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $501500587.59

**Total Liabilities:** $2168377.95

**Net Assets:** $499332209.64

**Delayed Delivery Securities:** $1178853.47

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 3.70000000 | **1-Year:** 15585.33000000 | **5-Year:** 157721.92000000 | **10-Year:** 17605.29000000 | **30-Year:** 0.00000000

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

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

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000110079 | 0.70%                | 0.04%                | 0.41%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $40271.25                | $2012545.70                                |
| Month 2  | $-326905.73              | $-1046859.76                               |
| Month 3  | $-91814.01               | $668374.72                                 |

### Schedule of Portfolio Investments

| Name                                                 | Title                                                              | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2018-C2                                       | CUSIP: 05491UBD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2930000 | PA      | $2935032.10   | 0.59%             | 2051-12-15      | Fixed         | 4.31%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2018-C2                                       | CUSIP: 05491UBJ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $225021.32    | 0.05%             | 2051-12-15      | Variable      | 4.96%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | Barclays Commercial Mortgage Trust 2019-C5                         | CUSIP: 05492JAV4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $963978.13    | 0.19%             | 2052-11-15      | Fixed         | 2.81%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | Barclays Commercial Mortgage Trust 2019-C5                         | CUSIP: 05492JAW2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $958290.13    | 0.19%             | 2052-11-15      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2020-C6                                       | CUSIP: 05492TAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $1867463.08   | 0.37%             | 2053-02-15      | Fixed         | 2.39%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2020-C6                                       | CUSIP: 05492TBP4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1401719.13   | 0.28%             | 2053-02-15      | Fixed         | 2.64%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2021-C11                                      | CUSIP: 05493MAF1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $443554.59    | 0.09%             | 2054-09-15      | Fixed         | 2.32%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2023-5C23                                     | CUSIP: 05493QAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $528799.15    | 0.11%             | 2056-12-15      | Variable      | 6.68%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2024-C30                                      | CUSIP: 05493YAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    900000 | PA      | $944382.56    | 0.19%             | 2057-11-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2024-C30                                      | CUSIP: 05493YAF5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $522936.22    | 0.10%             | 2057-11-15      | Variable      | 5.83%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2025-BNK49                                                    | CUSIP: 05494FBT4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1057889.29   | 0.21%             | 2058-03-15      | Variable      | 5.62%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2025-5C37                                     | CUSIP: 05494NAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1900000 | PA      | $1942212.74   | 0.39%             | 2058-09-15      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2022-C18                                      | CUSIP: 054975AD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $2071585.28   | 0.41%             | 2055-12-15      | Variable      | 5.44%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2022-C18                                      | CUSIP: 054975AJ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $413718.30    | 0.08%             | 2055-12-15      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2022-C17                                      | CUSIP: 054976AD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $979479.97    | 0.20%             | 2055-09-15      | Fixed         | 4.17%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2022-C17                                      | CUSIP: 054976AE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    800000 | PA      | $789474.27    | 0.16%             | 2055-09-15      | Fixed         | 4.44%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2022-C17                                      | CUSIP: 054976AL9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    847000 | PA      | $775092.42    | 0.16%             | 2055-09-15      | Variable      | 5.45%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Trust 2021-C10                                               | CUSIP: 05551VBG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    225000 | PA      | $213398.46    | 0.04%             | 2054-07-15      | Fixed         | 2.27%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Trust 2021-C10                                               | CUSIP: 05551VBM4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $437307.93    | 0.09%             | 2054-07-15      | Fixed         | 2.68%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Trust 2021-C10                                               | CUSIP: 05551VBN2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $846584.13    | 0.17%             | 2054-07-15      | Fixed         | 2.49%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Trust 2021-C10                                               | CUSIP: 05551VBP7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $414226.14    | 0.08%             | 2054-07-15      | Fixed         | 2.84%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2020-C8                                       | CUSIP: 05552ABA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    433439 | PA      | $415457.39    | 0.08%             | 2053-10-15      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2020-C8                                       | CUSIP: 05552ABC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $449168.79    | 0.09%             | 2053-10-15      | Fixed         | 2.04%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2021-C12                                      | CUSIP: 05552XBF4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $925506.87    | 0.19%             | 2054-11-15      | Fixed         | 2.42%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2021-C12                                      | CUSIP: 05552XBG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    870000 | PA      | $782274.00    | 0.16%             | 2054-11-15      | Fixed         | 2.69%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2023-C19                                      | CUSIP: 05553RAH3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $261430.94    | 0.05%             | 2056-04-15      | Variable      | 6.35%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2023-C19                                      | CUSIP: 05553RAZ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $204334.98    | 0.04%             | 2056-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2023-C21                                      | CUSIP: 05553WAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1050728.42   | 0.21%             | 2056-09-15      | Variable      | 6.30%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2023-C21                                      | CUSIP: 05553WAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $536448.44    | 0.11%             | 2056-09-15      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2024-5C25                                     | CUSIP: 05554VAB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    560000 | PA      | $585182.89    | 0.12%             | 2057-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2024-C26                                      | CUSIP: 05555AAD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1070629.44   | 0.21%             | 2057-05-15      | Fixed         | 5.83%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2024-5C27                                     | CUSIP: 05555FAE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $526095.49    | 0.11%             | 2057-07-15      | Variable      | 6.41%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2024-5C29                                     | CUSIP: 05555PAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3481146 | PA      | $3517449.67   | 0.70%             | 2057-09-15      | Fixed         | 4.74%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2024-5C29                                     | CUSIP: 05555PAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1027742.28   | 0.21%             | 2057-09-15      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2024-5C29                                     | CUSIP: 05555PAF9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $308751.30    | 0.06%             | 2057-09-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2025-5C36                                     | CUSIP: 05556CAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $520681.92    | 0.10%             | 2058-08-15      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2026-5C40                                     | CUSIP: 05557AAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    900000 | PA      | $931493.56    | 0.19%             | 2031-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BMO Mortgage Trust                                   | BMO 2023-C7 Mortgage Trust                                         | CUSIP: 05593FAH1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $547671.47    | 0.11%             | 2056-12-15      | Variable      | 6.67%                 | No            |                  2 | On Loan: No      |
| BMO Mortgage Trust                                   | BMO 2024-C8 Mortgage Trust                                         | CUSIP: 05593HAJ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    230000 | PA      | $240269.15    | 0.05%             | 2057-03-15      | Variable      | 6.14%                 | No            |                  2 | On Loan: No      |
| BMO Mortgage Trust                                   | BMO 2024-C8 Mortgage Trust                                         | CUSIP: 05593HAK0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    120000 | PA      | $121327.95    | 0.02%             | 2057-03-15      | Variable      | 6.23%                 | No            |                  2 | On Loan: No      |
| BMO Mortgage Trust                                   | BMO 2024-C9 Mortgage Trust                                         | CUSIP: 05593MAD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $2126460.58   | 0.43%             | 2057-07-15      | Fixed         | 5.76%                 | No            |                  2 | On Loan: No      |
| BMO Mortgage Trust                                   | BMO 2024-5C6 Mortgage Trust                                        | CUSIP: 05593QAB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    800000 | PA      | $811401.98    | 0.16%             | 2057-09-15      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| BMO Mortgage Trust                                   | BMO 2024-5C6 Mortgage Trust                                        | CUSIP: 05593QAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1029470.37   | 0.21%             | 2057-09-15      | Fixed         | 5.32%                 | No            |                  2 | On Loan: No      |
| BMO Mortgage Trust                                   | BMO 2024-5C6 Mortgage Trust                                        | CUSIP: 05593QAH7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $248040.31    | 0.05%             | 2057-09-15      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| BMO Mortgage Trust                                   | BMO 2024-5C5 Mortgage Trust                                        | CUSIP: 05593RAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    870000 | PA      | $909056.14    | 0.18%             | 2057-02-15      | Fixed         | 5.86%                 | No            |                  2 | On Loan: No      |
| BMO Mortgage Trust                                   | BMO 2024-5C5 Mortgage Trust                                        | CUSIP: 05593RAF9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    252000 | PA      | $264385.68    | 0.05%             | 2057-02-15      | Variable      | 6.36%                 | No            |                  2 | On Loan: No      |
| BMO Mortgage Trust                                   | BMO 2022-C3 MORTGAGE TRUST                                         | CUSIP: 05602QAY9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1028233.33   | 0.21%             | 2054-09-15      | Fixed         | 5.31%                 | No            |                  2 | On Loan: No      |
| BMO Mortgage Trust                                   | BMO 2023-5C2 Mortgage Trust                                        | CUSIP: 05610QAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1066870.02   | 0.21%             | 2056-11-15      | Variable      | 7.05%                 | No            |                  2 | On Loan: No      |
| BMO Mortgage Trust                                   | BMO 2025-C11 Mortgage Trust                                        | CUSIP: 05613XAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $528841.98    | 0.11%             | 2058-02-15      | Fixed         | 5.69%                 | No            |                  2 | On Loan: No      |
| BMO Mortgage Trust                                   | BMO 2025-C11 Mortgage Trust                                        | CUSIP: 05613XAG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1052333.58   | 0.21%             | 2058-02-15      | Fixed         | 5.98%                 | No            |                  2 | On Loan: No      |
| BMO Mortgage Trust                                   | BMO 2025-5C10 Mortgage Trust                                       | CUSIP: 05615BAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $312322.40    | 0.06%             | 2058-05-15      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| BMO Mortgage Trust                                   | BMO 2025-C12 Mortgage Trust                                        | CUSIP: 05615DAB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $314335.81    | 0.06%             | 2058-06-15      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| BMO Mortgage Trust                                   | BMO 2025-C12 Mortgage Trust                                        | CUSIP: 05615DAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $535195.22    | 0.11%             | 2058-06-15      | Variable      | 5.87%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2018-BNK14                                                    | CUSIP: 06035RAR7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    705000 | PA      | $699861.54    | 0.14%             | 2060-09-15      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2018-BNK14                                                    | CUSIP: 06035RAS5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1000156.00   | 0.20%             | 2060-09-15      | Variable      | 4.23%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2018-BNK14                                                    | CUSIP: 06035RAU0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $490977.80    | 0.10%             | 2060-09-15      | Variable      | 4.48%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2018-BNK15                                                    | CUSIP: 06036FBB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    463787 | PA      | $462059.33    | 0.09%             | 2061-11-15      | Fixed         | 4.14%                 | No            |                  2 | On Loan: No      |
| Banc of America Commercial Mortgage Trust            | Bank of America Merrill Lynch Commercial Mortgage Trust 2016-UBS10 | CUSIP: 06054MAJ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $247171.98    | 0.05%             | 2049-07-15      | Fixed         | 3.79%                 | No            |                  2 | On Loan: No      |
| Bank5                                                | BANK5 2023-5YR2                                                    | CUSIP: 06211CAG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1575774.95   | 0.32%             | 2056-07-15      | Variable      | 6.66%                 | No            |                  2 | On Loan: No      |
| Bank5                                                | BANK5 2023-5YR3                                                    | CUSIP: 06211EAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    549394 | PA      | $570737.44    | 0.11%             | 2056-09-15      | Fixed         | 6.26%                 | No            |                  2 | On Loan: No      |
| Bank5                                                | BANK5 2023-5YR4                                                    | CUSIP: 06211FAV0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    432807 | PA      | $455133.28    | 0.09%             | 2056-12-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Bank5                                                | BANK5 2024-5YR7                                                    | CUSIP: 06211UBF1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1039939.36   | 0.21%             | 2057-06-15      | Fixed         | 5.79%                 | No            |                  2 | On Loan: No      |
| Bank5                                                | BANK5 2024-5YR7                                                    | CUSIP: 06211UBL8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    910000 | PA      | $949340.49    | 0.19%             | 2057-06-15      | Fixed         | 5.77%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2018-BNK13                                                    | CUSIP: 06539LBA7<br>LEI: 549300664283JRAXM588 | Long             | ABS-MBS          | CORP              | US        |    909994 | PA      | $903639.35    | 0.18%             | 2061-08-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2018-BNK13                                                    | CUSIP: 06539LBF6<br>LEI: 549300664283JRAXM588 | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $239491.67    | 0.05%             | 2061-08-15      | Variable      | 4.56%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2020-BNK25                                                    | CUSIP: 06539WAY2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    290273 | PA      | $285481.40    | 0.06%             | 2063-01-15      | Fixed         | 2.39%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2020-BNK25                                                    | CUSIP: 06539WBG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $437978.04    | 0.09%             | 2063-01-15      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2019-BNK17                                                    | CUSIP: 065403BB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    635439 | PA      | $623285.87    | 0.12%             | 2052-04-15      | Fixed         | 3.46%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2019-BNK16                                                    | CUSIP: 065405AD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    600000 | PA      | $591079.61    | 0.12%             | 2052-02-15      | Fixed         | 3.74%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2019-BNK16                                                    | CUSIP: 065405AF9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    262417 | PA      | $257443.69    | 0.05%             | 2052-02-15      | Fixed         | 4.27%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2019-BNK20                                                    | CUSIP: 06540AAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1007777 | PA      | $957060.06    | 0.19%             | 2062-09-15      | Fixed         | 2.76%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2019-BNK20                                                    | CUSIP: 06540AAH4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $847691.41    | 0.17%             | 2062-09-15      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2019-BNK21                                                    | CUSIP: 06540BBC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    928797 | PA      | $883531.69    | 0.18%             | 2052-10-17      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2019-BNK21                                                    | CUSIP: 06540BBD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $475216.22    | 0.10%             | 2052-10-17      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2021-BNK35                                                    | CUSIP: 06540CAY3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $470613.97    | 0.09%             | 2064-06-15      | Fixed         | 2.07%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2021-BNK35                                                    | CUSIP: 06540CAZ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    850000 | PA      | $761677.73    | 0.15%             | 2064-06-15      | Fixed         | 1.72%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2021-BNK35                                                    | CUSIP: 06540CBA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    800000 | PA      | $708296.11    | 0.14%             | 2064-06-15      | Fixed         | 2.03%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2021-BNK35                                                    | CUSIP: 06540CCL9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $860091.33    | 0.17%             | 2064-06-15      | Fixed         | 2.46%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2021-BNK36                                                    | CUSIP: 06540DBH7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $673107.64    | 0.13%             | 2064-09-15      | Fixed         | 2.47%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2021-BNK36                                                    | CUSIP: 06540DBV6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $207177.50    | 0.04%             | 2064-09-15      | Variable      | 3.20%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2020-BNK26                                                    | CUSIP: 06540JBU5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $221148.39    | 0.04%             | 2063-03-15      | Variable      | 2.91%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2022-BNK41                                                    | CUSIP: 06540MBH7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $478151.01    | 0.10%             | 2065-04-15      | Variable      | 3.79%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | Bank 2019-BNK19                                                    | CUSIP: 06540WBD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1797000 | PA      | $1709905.93   | 0.34%             | 2061-08-15      | Fixed         | 3.18%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2019-BNK22                                                    | CUSIP: 06540XBG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    458000 | PA      | $435578.77    | 0.09%             | 2062-11-15      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2020-BNK28                                                    | CUSIP: 06540YAH2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $447050.99    | 0.09%             | 2063-03-15      | Fixed         | 1.84%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2021-BNK31                                                    | CUSIP: 06541ABG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1336481.81   | 0.27%             | 2054-02-15      | Fixed         | 2.04%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2023-BNK45                                                    | CUSIP: 06541BBK3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $513028.33    | 0.10%             | 2056-02-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2023-BNK46                                                    | CUSIP: 06541DBH6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1061688.43   | 0.21%             | 2056-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2017-BNK4                                                     | CUSIP: 06541FAZ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    547060 | PA      | $543681.09    | 0.11%             | 2050-05-15      | Fixed         | 3.36%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2017-BNK4                                                     | CUSIP: 06541FBD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $493844.34    | 0.10%             | 2050-05-15      | Fixed         | 3.78%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2017-BNK4                                                     | CUSIP: 06541FBF5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    485000 | PA      | $439599.01    | 0.09%             | 2050-05-15      | Variable      | 4.37%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2024-BNK48                                                    | CUSIP: 06541GAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $496951.38    | 0.10%             | 2057-10-15      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2021-BNK34                                                    | CUSIP: 06541JAL5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1744000 | PA      | $1545105.43   | 0.31%             | 2063-06-15      | Fixed         | 2.44%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2021-BNK34                                                    | CUSIP: 06541JAT8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $426471.45    | 0.09%             | 2063-06-15      | Fixed         | 2.57%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2018-BNK12                                                    | CUSIP: 06541KBA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1010000 | PA      | $1010386.64   | 0.20%             | 2061-05-15      | Variable      | 4.26%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2022-BNK40                                                    | CUSIP: 06541LBP0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $901514.64    | 0.18%             | 2064-03-15      | Variable      | 3.39%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2022-BNK40                                                    | CUSIP: 06541LBU9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $445719.05    | 0.09%             | 2064-03-15      | Variable      | 3.39%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2022-BNK43                                                    | CUSIP: 06541QAZ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $1967081.82   | 0.39%             | 2055-08-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2020-BNK29                                                    | CUSIP: 06541TBA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1964628 | PA      | $1749222.82   | 0.35%             | 2053-11-15      | Fixed         | 1.74%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2020-BNK29                                                    | CUSIP: 06541TBU2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    520000 | PA      | $433256.95    | 0.09%             | 2053-11-15      | Variable      | 3.03%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2020-BNK30                                                    | CUSIP: 06541UBQ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    231215 | PA      | $220064.62    | 0.04%             | 2053-12-15      | Fixed         | 1.67%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2017-BNK5                                                     | CUSIP: 06541WAW2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    586289 | PA      | $579066.64    | 0.12%             | 2060-06-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2017-BNK7                                                     | CUSIP: 06541XAF7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    220000 | PA      | $217353.76    | 0.04%             | 2060-09-15      | Fixed         | 3.44%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2017-BNK7                                                     | CUSIP: 06541XAK6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    550000 | PA      | $511969.03    | 0.10%             | 2060-09-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2021-BNK32                                                    | CUSIP: 06542BBH9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1075000 | PA      | $985434.27    | 0.20%             | 2054-04-15      | Variable      | 2.64%                 | No            |                  2 | On Loan: No      |
| Bank5                                                | BANK5 2024-5YR8                                                    | CUSIP: 065923AY0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1046500.75   | 0.21%             | 2057-08-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Bank5                                                | BANK5 2025-5YR15                                                   | CUSIP: 065924AG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    570000 | PA      | $592826.83    | 0.12%             | 2058-07-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Bank5                                                | BANK5 2024-5YR5                                                    | CUSIP: 065931AZ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    944182 | PA      | $978882.63    | 0.20%             | 2029-02-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Bank5                                                | BANK5 2025-5YR16                                                   | CUSIP: 065934AY7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1033021.81   | 0.21%             | 2063-08-15      | Fixed         | 5.28%                 | No            |                  2 | On Loan: No      |
| Bank5                                                | BANK5 Trust 2024-5YR6                                              | CUSIP: 066043AG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1120000 | PA      | $1187521.19   | 0.24%             | 2057-05-15      | Variable      | 6.79%                 | No            |                  2 | On Loan: No      |
| Bank5                                                | BANK5 Trust 2024-5YR6                                              | CUSIP: 066043AM2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    860000 | PA      | $910747.74    | 0.18%             | 2057-05-15      | Variable      | 6.97%                 | No            |                  2 | On Loan: No      |
| Bank5                                                | BANK5 Trust 2024-5YR6                                              | CUSIP: 066043AS9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    360000 | PA      | $368207.58    | 0.07%             | 2057-05-15      | Variable      | 6.97%                 | No            |                  2 | On Loan: No      |
| Bank5                                                | BANK5 2024-5YR10                                                   | CUSIP: 06604AAF1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1030805.95   | 0.21%             | 2057-10-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Bank5                                                | BANK5 2023-5YR1                                                    | CUSIP: 06644EAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     94240 | PA      | $96392.19     | 0.02%             | 2056-04-15      | Fixed         | 5.78%                 | No            |                  2 | On Loan: No      |
| Bank5                                                | BANK5 2023-5YR1                                                    | CUSIP: 06644EAG3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $518283.24    | 0.10%             | 2056-04-15      | Variable      | 6.26%                 | No            |                  2 | On Loan: No      |
| BANK5 2024-5YR9                                      | BANK5 2024-5YR9                                                    | CUSIP: 06644VBG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1040832.47   | 0.21%             | 2057-08-15      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| BANK5 2024-5YR9                                      | BANK5 2024-5YR9                                                    | CUSIP: 06644VBM1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1569545.96   | 0.31%             | 2057-08-15      | Variable      | 6.18%                 | No            |                  2 | On Loan: No      |
| BANK5 2024-5YR9                                      | BANK5 2024-5YR9                                                    | CUSIP: 06644VBX7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    160000 | PA      | $164125.47    | 0.03%             | 2057-08-15      | Variable      | 6.42%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2017-BNK8                                                     | CUSIP: 06650AAD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    683240 | PA      | $674412.87    | 0.14%             | 2050-11-15      | Fixed         | 3.23%                 | No            |                  2 | On Loan: No      |
| Bank                                                 | BANK 2017-BNK8                                                     | CUSIP: 06650AAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $734881.07    | 0.15%             | 2050-11-15      | Fixed         | 3.49%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2025-5C33                                     | CUSIP: 072924AD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $526301.41    | 0.11%             | 2058-03-15      | Fixed         | 5.84%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2025-5C33                                     | CUSIP: 072924AE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1576358.21   | 0.32%             | 2058-03-15      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2025-5C33                                     | CUSIP: 072924AG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $253821.01    | 0.05%             | 2058-03-15      | Variable      | 5.98%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2022-C14                                      | CUSIP: 07336AAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1362709.20   | 0.27%             | 2055-02-15      | Variable      | 2.95%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2022-C14                                      | CUSIP: 07336AAJ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $221339.51    | 0.04%             | 2055-02-15      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2023-C20                                      | CUSIP: 07336DAW1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1049298.52   | 0.21%             | 2056-07-15      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2023-C20                                      | CUSIP: 07336DBA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1049698.73   | 0.21%             | 2056-07-15      | Variable      | 5.97%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2024-C24                                      | CUSIP: 07336VAW1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1048522.56   | 0.21%             | 2057-02-15      | Fixed         | 5.87%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2024-C24                                      | CUSIP: 07336VAX9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $509669.58    | 0.10%             | 2057-02-15      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2024-C28                                      | CUSIP: 07336WAX7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1250000 | PA      | $1297320.28   | 0.26%             | 2057-09-15      | Fixed         | 5.89%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2024-C28                                      | CUSIP: 07336WAZ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $508789.81    | 0.10%             | 2057-09-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2024-C28                                      | CUSIP: 07336WBA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1041045.51   | 0.21%             | 2057-09-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2024-C28                                      | CUSIP: 07336WBD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    129000 | PA      | $134968.96    | 0.03%             | 2057-09-15      | Variable      | 5.84%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2025-C32                                      | CUSIP: 07337AAD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1979000 | PA      | $2107342.48   | 0.42%             | 2062-02-15      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2025-5C34                                     | CUSIP: 07337BAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1045723.58   | 0.21%             | 2058-05-15      | Fixed         | 5.66%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2025-5C34                                     | CUSIP: 07337BAF1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $263038.47    | 0.05%             | 2058-05-15      | Variable      | 6.81%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC          | BBCMS Mortgage Trust 2025-C35                                      | CUSIP: 07337DAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1052355.32   | 0.21%             | 2058-07-15      | Variable      | 5.59%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2018-B5 Mortgage Trust                                   | CUSIP: 08160BAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1825000 | PA      | $1811338.07   | 0.36%             | 2051-07-15      | Fixed         | 3.94%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2019-B9 Mortgage Trust                                   | CUSIP: 08160JAD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    845307 | PA      | $833473.73    | 0.17%             | 2052-03-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2019-B15 Mortgage Trust                                  | CUSIP: 08160KAE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $473054.57    | 0.09%             | 2072-12-15      | Fixed         | 2.93%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2018-B3 Mortgage Trust                                   | CUSIP: 08161BAX1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    653928 | PA      | $650006.14    | 0.13%             | 2051-04-10      | Fixed         | 3.76%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2018-B4 Mortgage Trust                                   | CUSIP: 08161HAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    229144 | PA      | $228697.14    | 0.05%             | 2051-07-15      | Variable      | 4.06%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2020-B16 Mortgage Trust                                  | CUSIP: 08161NAF4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    990000 | PA      | $927872.82    | 0.19%             | 2053-02-15      | Fixed         | 2.73%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2020-B16 Mortgage Trust                                  | CUSIP: 08161NAJ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    443000 | PA      | $384668.34    | 0.08%             | 2053-02-15      | Variable      | 3.18%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2022-B34 Mortgage Trust                                  | CUSIP: 08161YBG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1404740.52   | 0.28%             | 2055-04-15      | Variable      | 3.79%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2019-B11 Mortgage Trust                                  | CUSIP: 08162BBJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $464732.59    | 0.09%             | 2052-05-15      | Fixed         | 3.78%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2019-B13 Mortgage Trust                                  | CUSIP: 08162DAJ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $416420.89    | 0.08%             | 2057-08-15      | Variable      | 3.84%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2020-IG1 Mortgage Trust                                  | CUSIP: 08162LAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $662408.84    | 0.13%             | 2043-09-15      | Fixed         | 2.69%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2021-B23 Mortgage Trust                                  | CUSIP: 08162RAG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $428182.79    | 0.09%             | 2054-02-15      | Fixed         | 2.27%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2018-B7 Mortgage Trust                                   | CUSIP: 08162TBE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    758000 | PA      | $717483.54    | 0.14%             | 2053-05-15      | Variable      | 4.84%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2018-B8 Mortgage Trust                                   | CUSIP: 08162UAV2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $986702.32    | 0.20%             | 2052-01-15      | Fixed         | 3.96%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2019-B10 Mortgage Trust                                  | CUSIP: 08162VAD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    788358 | PA      | $772906.30    | 0.15%             | 2062-03-15      | Fixed         | 3.46%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2019-B10 Mortgage Trust                                  | CUSIP: 08162VAG3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    600000 | PA      | $580544.03    | 0.12%             | 2062-03-15      | Fixed         | 3.98%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2020-B20 Mortgage Trust                                  | CUSIP: 08162XBM5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $410867.45    | 0.08%             | 2053-10-15      | Fixed         | 2.53%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2020-B18 Mortgage Trust                                  | CUSIP: 08163AAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $445976.64    | 0.09%             | 2053-07-15      | Fixed         | 1.93%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2021-B24 Mortgage Trust                                  | CUSIP: 08163CBB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $910978.88    | 0.18%             | 2054-03-15      | Fixed         | 2.26%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2021-B24 Mortgage Trust                                  | CUSIP: 08163CBC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $897380.87    | 0.18%             | 2054-03-15      | Fixed         | 2.58%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2021-B25 Mortgage Trust                                  | CUSIP: 08163DAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $907457.23    | 0.18%             | 2054-04-15      | Fixed         | 2.58%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2021-B26 Mortgage Trust                                  | CUSIP: 08163EBF1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $437397.68    | 0.09%             | 2054-06-15      | Fixed         | 2.83%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2021-B27 Mortgage Trust                                  | CUSIP: 08163HAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    700355 | PA      | $685140.78    | 0.14%             | 2054-07-15      | Fixed         | 2.02%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2021-B27 Mortgage Trust                                  | CUSIP: 08163HAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $895162.98    | 0.18%             | 2054-07-15      | Fixed         | 2.39%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2021-B27 Mortgage Trust                                  | CUSIP: 08163HAH1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $428413.70    | 0.09%             | 2054-07-15      | Fixed         | 2.51%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2021-B29 Mortgage Trust                                  | CUSIP: 08163JAD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $444361.36    | 0.09%             | 2054-09-15      | Fixed         | 2.14%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2021-B29 Mortgage Trust                                  | CUSIP: 08163JAE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    830000 | PA      | $739338.36    | 0.15%             | 2054-09-15      | Fixed         | 2.39%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2021-B30 Mortgage Trust                                  | CUSIP: 08163KBK6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $206382.29    | 0.04%             | 2054-11-15      | Variable      | 2.53%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2020-B21 Mortgage Trust                                  | CUSIP: 08163LAQ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $435628.19    | 0.09%             | 2053-12-17      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2022-B32 Mortgage Trust                                  | CUSIP: 08163NBG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    565000 | PA      | $529809.14    | 0.11%             | 2055-01-15      | Fixed         | 3.04%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2022-B32 Mortgage Trust                                  | CUSIP: 08163NBP9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $407568.17    | 0.08%             | 2055-01-15      | Variable      | 3.20%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2022-B33 Mortgage Trust                                  | CUSIP: 08163PBG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $933429.30    | 0.19%             | 2055-03-15      | Variable      | 3.46%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2022-B33 Mortgage Trust                                  | CUSIP: 08163PBM1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $253242.66    | 0.05%             | 2055-03-15      | Variable      | 3.61%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2024-V10 Mortgage Trust                                  | CUSIP: 08163UAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1029852.09   | 0.21%             | 2057-09-15      | Fixed         | 5.28%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2023-V3 Mortgage Trust                                   | CUSIP: 08163VAF4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1054909.23   | 0.21%             | 2056-07-15      | Variable      | 7.10%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2024-V5 Mortgage Trust                                   | CUSIP: 08163XAY9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    545000 | PA      | $566592.86    | 0.11%             | 2057-01-10      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2025-V13 Mortgage Trust                                  | CUSIP: 08164AAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1018321.70   | 0.20%             | 2058-02-15      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2025-V14 Mortgage Trust                                  | CUSIP: 08164BAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1026595.24   | 0.21%             | 2057-04-15      | Fixed         | 5.18%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2025-V14 Mortgage Trust                                  | CUSIP: 08164BAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $522521.11    | 0.10%             | 2057-04-15      | Fixed         | 5.66%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2025-V14 Mortgage Trust                                  | CUSIP: 08164BAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $261196.62    | 0.05%             | 2057-04-15      | Variable      | 6.09%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2025-V18 Mortgage Trust                                  | CUSIP: 08164EAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1825000 | PA      | $1881018.17   | 0.38%             | 2058-10-15      | Fixed         | 5.18%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2025-V16 Mortgage Trust                                  | CUSIP: 08164RAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $779965.67    | 0.16%             | 2058-08-15      | Variable      | 5.44%                 | No            |                  2 | On Loan: No      |
| Benchmark 2024-V8 Mortgage Trust                     | Benchmark 2024-V8 Mortgage Trust                                   | CUSIP: 08190AAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1125000 | PA      | $1188627.66   | 0.24%             | 2057-07-15      | Variable      | 6.19%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2024-V12 Mortgage Trust                                  | CUSIP: 081915AE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $520738.78    | 0.10%             | 2057-12-15      | Variable      | 6.03%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2023-B38 Mortgage Trust                                  | CUSIP: 081916AB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $2050831.40   | 0.41%             | 2056-04-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2024-V9 Mortgage Trust                                   | CUSIP: 081919AN2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1300000 | PA      | $1352669.37   | 0.27%             | 2057-08-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                             | Benchmark 2025-B41 Mortgage Trust                                  | CUSIP: 081935AW8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $310739.27    | 0.06%             | 2068-07-15      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| BMO Mortgage Trust                                   | BMO 2024-5C8 Mortgage Trust                                        | CUSIP: 09661XAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $3074222.28   | 0.62%             | 2057-12-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| BMO Mortgage Trust                                   | BMO 2025-5C12 Mortgage Trust                                       | CUSIP: 09663VAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $518906.15    | 0.10%             | 2058-10-15      | Variable      | 6.16%                 | No            |                  2 | On Loan: No      |
| BMO Mortgage Trust                                   | BMO 2025-5C9 Mortgage Trust                                        | CUSIP: 096933AC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    700000 | PA      | $732975.93    | 0.15%             | 2058-04-15      | Variable      | 5.78%                 | No            |                  2 | On Loan: No      |
| BMO Mortgage Trust                                   | BMO 2025-5C9 Mortgage Trust                                        | CUSIP: 096933AJ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $503642.58    | 0.10%             | 2058-04-15      | Variable      | 6.26%                 | No            |                  2 | On Loan: No      |
| BMO Mortgage Trust                                   | BMO 2025-5C11 Mortgage Trust                                       | CUSIP: 096941AC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1046279.96   | 0.21%             | 2058-07-15      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| BMO Mortgage Trust                                   | BMO 2026-C14 Mortgage Trust                                        | CUSIP: 096942BB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $249480.68    | 0.05%             | 2059-02-15      | Variable      | 5.93%                 | No            |                  2 | On Loan: No      |
| CD Commercial Mortgage Trust                         | CD 2017-CD6 Mortgage Trust                                         | CUSIP: 125039AE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    475704 | PA      | $469654.51    | 0.09%             | 2050-11-13      | Fixed         | 3.19%                 | No            |                  2 | On Loan: No      |
| CD Commercial Mortgage Trust                         | CD 2017-CD6 Mortgage Trust                                         | CUSIP: 125039AH0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $492010.32    | 0.10%             | 2050-11-13      | Variable      | 3.71%                 | No            |                  2 | On Loan: No      |
| CD Commercial Mortgage Trust                         | CD 2017-CD6 Mortgage Trust                                         | CUSIP: 125039AJ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $480737.47    | 0.10%             | 2050-11-13      | Variable      | 3.91%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust                        | CCUBS Commercial Mortgage Trust 2017-C1                            | CUSIP: 12508GAU0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1580000 | PA      | $1555332.85   | 0.31%             | 2050-11-15      | Variable      | 3.54%                 | No            |                  2 | On Loan: No      |
| CD Commercial Mortgage Trust                         | CD 2019-CD8 Mortgage Trust                                         | CUSIP: 12515BAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $947448.55    | 0.19%             | 2057-08-15      | Fixed         | 2.91%                 | No            |                  2 | On Loan: No      |
| CFCRE Commercial Mortgage Trust                      | CFCRE Commercial Mortgage Trust 2017-C8                            | CUSIP: 12532CBC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $727874.08    | 0.15%             | 2050-06-15      | Variable      | 4.20%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2017-COR2 Mortgage Trust                                      | CUSIP: 12595EAH8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $718259.69    | 0.14%             | 2050-09-10      | Variable      | 4.59%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trust                      | CSAIL 2017-CX9 Commercial Mortgage Trust                           | CUSIP: 12595FAE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $980651.76    | 0.20%             | 2050-09-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trust                      | CSAIL 2019-C18 Commercial Mortgage Trust                           | CUSIP: 12597DAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $478068.32    | 0.10%             | 2052-12-15      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trust                      | CSAIL 2019-C18 Commercial Mortgage Trust                           | CUSIP: 12597DAD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $239061.31    | 0.05%             | 2052-12-15      | Fixed         | 2.97%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trust                      | CSAIL 2019-C18 Commercial Mortgage Trust                           | CUSIP: 12597DAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    384325 | PA      | $376535.86    | 0.08%             | 2052-12-15      | Fixed         | 2.87%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trust                      | CSAIL 2020-C19 Commercial Mortgage Trust                           | CUSIP: 12597NAS2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1367650.79   | 0.27%             | 2053-03-15      | Fixed         | 2.56%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trust                      | CSAIL 2016-C7 Commercial Mortgage Trust                            | CUSIP: 12637UBA6<br>LEI: 5493006MX7HG5PC85C29 | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $980975.31    | 0.20%             | 2049-11-15      | Variable      | 3.96%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trust                      | CSAIL 2018-CX11 Commercial Mortgage Trust                          | CUSIP: 12652UAU3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $996493.34    | 0.20%             | 2051-04-15      | Variable      | 4.03%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2019-GC44 Mortgage Trust                                      | CUSIP: 12655TBM0<br>LEI: 5493004GWEVMOU8S3L34 | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $947738.10    | 0.19%             | 2057-08-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | Citigroup Commercial Mortgage Trust 2018-C5                        | CUSIP: 17291DAD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1000306.69   | 0.20%             | 2051-06-10      | Variable      | 4.23%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | CGMS Commercial Mortgage Trust 2017-B1                             | CUSIP: 17326CBD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    170000 | PA      | $163974.89    | 0.03%             | 2050-08-15      | Variable      | 4.10%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | Citigroup Commercial Mortgage Trust 2017-P8                        | CUSIP: 17326DAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1885000 | PA      | $1860491.89   | 0.37%             | 2050-09-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | Citigroup Commercial Mortgage Trust 2017-C4                        | CUSIP: 17326FAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    832248 | PA      | $823102.49    | 0.16%             | 2050-10-12      | Fixed         | 3.21%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | Citigroup Commercial Mortgage Trust 2017-C4                        | CUSIP: 17326FAD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1264000 | PA      | $1252466.66   | 0.25%             | 2050-10-12      | Fixed         | 3.47%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | Citigroup Commercial Mortgage Trust 2018-B2                        | CUSIP: 17327FAD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    600000 | PA      | $597718.27    | 0.12%             | 2051-03-10      | Fixed         | 4.01%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | Citigroup COmmercial Mortgage Trust 2018-C6                        | CUSIP: 17327GAY0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1199000 | PA      | $1197516.59   | 0.24%             | 2051-11-10      | Fixed         | 4.41%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | Citigroup Commercial Mortgage Trust 2019-C7                        | CUSIP: 17328CAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1433310.17   | 0.29%             | 2072-12-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | Citigroup Commercial Mortgage Trust 2019-GC41                      | CUSIP: 17328FAY1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $695906.75    | 0.14%             | 2056-08-10      | Fixed         | 3.02%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | Citigroup Commercial Mortgage Trust 2019-GC43                      | CUSIP: 17328HBD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $709833.92    | 0.14%             | 2052-11-10      | Fixed         | 3.04%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | Citigroup Commercial Mortgage Trust 2020-GC46                      | CUSIP: 17328RAZ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $937518.84    | 0.19%             | 2053-02-15      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | Citigroup Commercial Mortgage Trust 2020-GC46                      | CUSIP: 17328RBB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $449388.53    | 0.09%             | 2053-02-15      | Variable      | 2.92%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                  | Citigroup Commercial Mortgage Trust 2020-GC46                      | CUSIP: 17328RBC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    234000 | PA      | $202921.62    | 0.04%             | 2053-02-15      | Variable      | 3.15%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trust                      | CSAIL 2019-C15 Commercial Mortgage Trust                           | CUSIP: 22945DAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1393377 | PA      | $1369853.39   | 0.27%             | 2052-03-15      | Fixed         | 3.78%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trust                      | CSAIL 2019-C15 Commercial Mortgage Trust                           | CUSIP: 22945DAG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3117000 | PA      | $3089338.84   | 0.62%             | 2052-03-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trust                      | CSAIL 2019-C15 Commercial Mortgage Trust                           | CUSIP: 22945DAS2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $926700.41    | 0.19%             | 2052-03-15      | Fixed         | 4.48%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trust                      | CSAIL 2021-C20 Commercial Mortgage Trust                           | CUSIP: 22945EAT8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1289761 | PA      | $1203479.98   | 0.24%             | 2054-03-15      | Fixed         | 2.49%                 | No            |                  2 | On Loan: No      |
| DBGS Mortgage Trust                                  | DBGS 2018-C1 Mortgage Trust                                        | CUSIP: 23307DBA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1400000 | PA      | $1402991.55   | 0.28%             | 2051-10-15      | Fixed         | 4.47%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136AC7G0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    120430 | PA      | $118883.82    | 0.02%             | 2043-02-25      | Variable      | 3.38%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136ATX66<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    500000 | PA      | $418000.83    | 0.08%             | 2045-11-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136AVY52<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    896805 | PA      | $886990.02    | 0.18%             | 2026-12-25      | Variable      | 2.57%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136AVYL7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    490663 | PA      | $485147.23    | 0.10%             | 2026-12-25      | Variable      | 2.48%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136AW7J0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1575 | PA      | $1560.88      | 0.00%             | 2027-05-25      | Variable      | 3.06%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136AX3J2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    823925 | PA      | $800425.08    | 0.16%             | 2029-08-25      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136AX7E9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    250346 | PA      | $248046.22    | 0.05%             | 2027-06-25      | Variable      | 3.06%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136AY2H5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1232924 | PA      | $1210815.75   | 0.24%             | 2027-11-25      | Variable      | 2.81%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136AY6X6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    792972 | PA      | $784328.40    | 0.16%             | 2027-09-25      | Variable      | 2.97%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136AY7L1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2086077 | PA      | $2058109.93   | 0.41%             | 2027-12-25      | Variable      | 2.98%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136B1K86<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    671999 | PA      | $662482.00    | 0.13%             | 2028-03-25      | Variable      | 3.03%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136B27L0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    388561 | PA      | $386317.02    | 0.08%             | 2028-08-25      | Variable      | 3.58%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136B35Z9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1042051 | PA      | $1019684.05   | 0.20%             | 2031-02-25      | Fixed         | 3.61%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136B3DE7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     69259 | PA      | $68500.44     | 0.01%             | 2030-09-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136B3J50<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1573740 | PA      | $1565747.36   | 0.31%             | 2028-11-25      | Variable      | 3.62%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136B3XY1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1630728 | PA      | $1620870.10   | 0.32%             | 2028-09-25      | Variable      | 3.56%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136B4KB3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2164854 | PA      | $2130092.50   | 0.43%             | 2029-02-25      | Fixed         | 3.27%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136B4KJ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     26991 | PA      | $26877.07     | 0.01%             | 2029-01-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136B4QB7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2309796 | PA      | $2259240.61   | 0.45%             | 2029-04-25      | Fixed         | 3.14%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136B4VT2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1978199 | PA      | $1928254.67   | 0.39%             | 2029-06-25      | Fixed         | 2.94%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136B5NV3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1122983 | PA      | $1089718.52   | 0.22%             | 2029-06-25      | Variable      | 2.89%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136B6WY5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    907130 | PA      | $851554.94    | 0.17%             | 2031-02-25      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136B6XJ7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    797274 | PA      | $762888.09    | 0.15%             | 2029-08-25      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136B75M9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2530000 | PA      | $2402092.36   | 0.48%             | 2029-10-25      | Fixed         | 2.44%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136B7FC0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1560722 | PA      | $1478289.81   | 0.30%             | 2029-11-25      | Variable      | 2.33%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136B8M97<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     90733 | PA      | $83739.58     | 0.02%             | 2030-02-25      | Fixed         | 1.82%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136B8TG4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2197629 | PA      | $2064746.01   | 0.41%             | 2030-01-25      | Fixed         | 2.21%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136B8TH2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $933408.89    | 0.19%             | 2030-01-25      | Fixed         | 2.19%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136B9KC0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    903728 | PA      | $828716.42    | 0.17%             | 2030-05-25      | Fixed         | 1.78%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136B9WE3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    250000 | PA      | $229172.63    | 0.05%             | 2029-10-25      | Fixed         | 1.44%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136BC7H7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2000000 | PA      | $1715682.92   | 0.34%             | 2032-11-25      | Variable      | 1.68%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136BDZA9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2500000 | PA      | $2213912.78   | 0.44%             | 2031-02-25      | Variable      | 1.47%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136BGFQ9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2000000 | PA      | $1776131.62   | 0.36%             | 2031-07-25      | Variable      | 1.71%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136BJRY3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2000000 | PA      | $1762955.92   | 0.35%             | 2031-10-25      | Variable      | 1.74%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136BJZQ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $888552.25    | 0.18%             | 2031-10-25      | Variable      | 1.81%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136BK6X5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $913884.60    | 0.18%             | 2031-11-25      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136BKX80<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2000000 | PA      | $1749357.64   | 0.35%             | 2031-10-25      | Variable      | 1.67%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136BLP79<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1800000 | PA      | $1684828.69   | 0.34%             | 2030-05-25      | Variable      | 2.29%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136BLR69<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    851115 | PA      | $796668.15    | 0.16%             | 2031-11-25      | Variable      | 1.71%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136BLW22<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2000000 | PA      | $1747496.50   | 0.35%             | 2031-11-25      | Variable      | 1.71%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136BMST6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $885106.99    | 0.18%             | 2031-12-25      | Variable      | 1.94%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136BMXZ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    899653 | PA      | $797208.41    | 0.16%             | 2032-01-25      | Variable      | 1.93%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136BNX43<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2000000 | PA      | $1822352.56   | 0.36%             | 2032-06-25      | Variable      | 2.59%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136BP3K5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1100000 | PA      | $1069191.79   | 0.21%             | 2032-09-25      | Variable      | 3.77%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136BQDE6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    954455 | PA      | $960498.12    | 0.19%             | 2028-07-25      | Variable      | 4.18%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136BTHF3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    500000 | PA      | $497834.87    | 0.10%             | 2034-08-25      | Variable      | 4.45%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                       | Fannie Mae-Aces                                                    | CUSIP: 3136BUJV3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $1013414.65   | 0.20%             | 2035-01-25      | Variable      | 4.70%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BPVM8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    881583 | PA      | $858652.25    | 0.17%             | 2030-05-25      | Fixed         | 2.83%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BPVN6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    250000 | PA      | $239454.98    | 0.05%             | 2031-01-25      | Fixed         | 3.08%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137BXHC9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    500000 | PA      | $474339.40    | 0.09%             | 2031-10-25      | Variable      | 3.12%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137F4D58<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1250000 | PA      | $1242310.04   | 0.25%             | 2028-02-25      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137F62M8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    500000 | PA      | $447516.45    | 0.09%             | 2030-09-25      | Fixed         | 1.49%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137F63Z8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2000000 | PA      | $1794529.40   | 0.36%             | 2030-09-25      | Fixed         | 1.57%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137F72B0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2400000 | PA      | $2314781.50   | 0.46%             | 2027-09-25      | Fixed         | 1.47%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137F72P9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2200000 | PA      | $1962672.18   | 0.39%             | 2030-10-25      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137F82N2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1250000 | PA      | $1113715.69   | 0.22%             | 2030-11-25      | Fixed         | 1.52%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137F8ZV8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    600000 | PA      | $536976.73    | 0.11%             | 2030-12-25      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137F9CT6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2525000 | PA      | $2259842.30   | 0.45%             | 2030-12-25      | Fixed         | 1.66%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137F9Z79<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $901831.72    | 0.18%             | 2031-01-25      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FBBX3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3000000 | PA      | $2975969.61   | 0.60%             | 2027-08-25      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FCJK1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3541000 | PA      | $3511929.17   | 0.70%             | 2027-11-25      | Variable      | 3.30%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FCLD4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3000000 | PA      | $2972920.47   | 0.60%             | 2027-11-25      | Fixed         | 3.29%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FDET5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    345000 | PA      | $328799.85    | 0.07%             | 2032-11-25      | Variable      | 3.46%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FEBQ2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $993616.33    | 0.20%             | 2027-12-25      | Fixed         | 3.44%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FETN0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $991821.92    | 0.20%             | 2028-01-25      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FEZV5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2000000 | PA      | $1999088.22   | 0.40%             | 2028-04-25      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FF3X3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1070929 | PA      | $1030817.48   | 0.21%             | 2027-12-25      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FG6R1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    321252 | PA      | $320446.22    | 0.06%             | 2029-11-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FG6X8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $1000105.33   | 0.20%             | 2028-05-25      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FGZT5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1100000 | PA      | $1101763.76   | 0.22%             | 2028-06-25      | Fixed         | 3.93%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FH2A0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    500000 | PA      | $480552.02    | 0.10%             | 2033-06-25      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FHQ63<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    826000 | PA      | $823437.35    | 0.16%             | 2033-05-25      | Variable      | 3.99%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FJEH8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1500000 | PA      | $1501856.46   | 0.30%             | 2028-08-25      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FJKE8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1310000 | PA      | $1312074.02   | 0.26%             | 2028-09-25      | Variable      | 3.92%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FJKF5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2000000 | PA      | $1998578.88   | 0.40%             | 2028-09-25      | Variable      | 3.92%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FJXV6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1125000 | PA      | $1130176.33   | 0.23%             | 2028-09-25      | Variable      | 4.05%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FK4M5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2820000 | PA      | $2833835.60   | 0.57%             | 2028-10-25      | Variable      | 4.06%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FKKN5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    833000 | PA      | $829410.01    | 0.17%             | 2030-11-25      | Variable      | 3.95%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FKSH0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1725000 | PA      | $1724524.09   | 0.35%             | 2028-11-25      | Variable      | 3.86%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FKZ82<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    172600 | PA      | $171772.35    | 0.03%             | 2028-09-25      | Fixed         | 3.48%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FKZZ2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1010000 | PA      | $1005025.54   | 0.20%             | 2029-01-25      | Fixed         | 3.69%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FL2L7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    880000 | PA      | $865787.67    | 0.17%             | 2031-01-25      | Fixed         | 3.72%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FL2M5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    500000 | PA      | $480918.33    | 0.10%             | 2034-01-25      | Fixed         | 3.79%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FL6P4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2675000 | PA      | $2652341.71   | 0.53%             | 2029-01-25      | Fixed         | 3.56%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FLN91<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2017000 | PA      | $1995348.76   | 0.40%             | 2029-03-25      | Fixed         | 3.51%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FLYJ7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    500000 | PA      | $486124.32    | 0.10%             | 2031-03-25      | Fixed         | 3.47%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FLYV0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1010000 | PA      | $992677.50    | 0.20%             | 2029-04-25      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FMCR1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1971851 | PA      | $1921233.37   | 0.38%             | 2029-05-25      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FMTS1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    730000 | PA      | $693235.80    | 0.14%             | 2031-05-25      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FMTT9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    450000 | PA      | $408397.47    | 0.08%             | 2034-04-25      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FMTY8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3420000 | PA      | $3314730.28   | 0.66%             | 2029-06-25      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FNAE0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    675000 | PA      | $652116.86    | 0.13%             | 2029-06-25      | Fixed         | 2.79%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FPHK4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4500000 | PA      | $4285250.24   | 0.86%             | 2029-08-25      | Fixed         | 2.43%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FPJ97<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1015000 | PA      | $898949.93    | 0.18%             | 2034-08-25      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FQ3A9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1500000 | PA      | $1437112.95   | 0.29%             | 2029-09-25      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FQ3Z4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    250000 | PA      | $238079.58    | 0.05%             | 2029-10-25      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FQKC6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $953227.69    | 0.19%             | 2029-10-25      | Fixed         | 2.54%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FQKN2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1220000 | PA      | $1165436.17   | 0.23%             | 2029-11-25      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FRUJ8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1485000 | PA      | $1373560.51   | 0.28%             | 2030-01-25      | Fixed         | 1.87%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FRUS8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    700917 | PA      | $672302.83    | 0.13%             | 2029-10-25      | Fixed         | 1.78%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FRUT6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1250000 | PA      | $1164238.69   | 0.23%             | 2030-01-25      | Fixed         | 2.07%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FRZA2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1250000 | PA      | $1147639.14   | 0.23%             | 2030-01-25      | Fixed         | 1.64%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FTBM8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2153000 | PA      | $1961017.83   | 0.39%             | 2030-03-25      | Fixed         | 1.52%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FTFY8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $908764.28    | 0.18%             | 2030-04-25      | Fixed         | 1.56%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FTZP5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    517391 | PA      | $489824.06    | 0.10%             | 2029-09-25      | Fixed         | 1.02%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FTZQ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1640000 | PA      | $1487570.43   | 0.30%             | 2030-04-25      | Fixed         | 1.48%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FUZC1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2500000 | PA      | $2247142.95   | 0.45%             | 2030-05-25      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FUZJ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $792737.64    | 0.16%             | 2035-05-25      | Fixed         | 1.72%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FUZV9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $896123.19    | 0.18%             | 2030-05-25      | Fixed         | 1.31%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FVNG3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $895271.16    | 0.18%             | 2030-06-25      | Fixed         | 1.37%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FWG79<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1250000 | PA      | $1120499.34   | 0.22%             | 2030-06-25      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FWHF0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1500000 | PA      | $1194397.70   | 0.24%             | 2035-07-25      | Fixed         | 1.72%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FWHT0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2025000 | PA      | $1811188.59   | 0.36%             | 2030-07-25      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FX3Q9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4683000 | PA      | $4183449.64   | 0.84%             | 2030-08-25      | Fixed         | 1.41%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FXQW1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    500000 | PA      | $398949.87    | 0.08%             | 2035-10-25      | Fixed         | 1.86%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FXYV4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1116000 | PA      | $1018349.14   | 0.20%             | 2031-01-25      | Fixed         | 2.07%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FXZ35<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1740000 | PA      | $1588324.29   | 0.32%             | 2031-01-25      | Fixed         | 2.11%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FYTX4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $831565.93    | 0.17%             | 2036-02-25      | Fixed         | 2.44%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FYUJ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $908547.96    | 0.18%             | 2031-03-25      | Fixed         | 2.02%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FYZK5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $961080.70    | 0.19%             | 2028-03-25      | Fixed         | 1.76%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137FYZL3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1400000 | PA      | $1326913.11   | 0.27%             | 2028-04-25      | Fixed         | 1.37%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H1YS9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    950000 | PA      | $843901.56    | 0.17%             | 2031-06-25      | Fixed         | 1.72%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H1Z33<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1421069 | PA      | $1354943.62   | 0.27%             | 2028-07-25      | Fixed         | 1.71%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H2AD6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $892836.04    | 0.18%             | 2031-07-25      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H2NY6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $805052.10    | 0.16%             | 2036-08-25      | Fixed         | 2.18%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H3EV0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1794000 | PA      | $1606566.11   | 0.32%             | 2031-08-25      | Fixed         | 2.02%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H4BP4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $897832.11    | 0.18%             | 2031-09-25      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H4BY5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1650000 | PA      | $1576272.08   | 0.32%             | 2028-09-25      | Fixed         | 2.03%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H4CD0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $903998.07    | 0.18%             | 2031-10-25      | Variable      | 2.24%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H4R28<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1098770 | PA      | $1027041.87   | 0.21%             | 2030-10-25      | Fixed         | 1.61%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H4R36<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2800000 | PA      | $2520073.39   | 0.50%             | 2031-10-25      | Variable      | 2.15%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H4SH4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2900000 | PA      | $2600968.27   | 0.52%             | 2031-11-25      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H5DP9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1110000 | PA      | $1006583.86   | 0.20%             | 2031-11-25      | Variable      | 2.35%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H5DX2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $953396.54    | 0.19%             | 2028-11-25      | Variable      | 2.05%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H6LN3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    750000 | PA      | $687775.11    | 0.14%             | 2032-01-25      | Variable      | 2.59%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H6LZ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2165000 | PA      | $1945952.75   | 0.39%             | 2032-01-25      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H6S63<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    968644 | PA      | $928528.99    | 0.19%             | 2031-05-25      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H6ZM0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1500000 | PA      | $1348486.91   | 0.27%             | 2032-02-25      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H73P6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $904640.87    | 0.18%             | 2032-03-25      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H73Z4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2129473 | PA      | $2025477.42   | 0.41%             | 2055-04-25      | Fixed         | 2.71%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H74A8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5430000 | PA      | $4894330.39   | 0.98%             | 2032-03-25      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H7M91<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $905148.03    | 0.18%             | 2032-04-25      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H7QH9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1250000 | PA      | $1138151.18   | 0.23%             | 2032-05-25      | Fixed         | 2.58%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H7ZB2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    650000 | PA      | $603077.75    | 0.12%             | 2032-06-25      | Fixed         | 2.92%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H8U90<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1750000 | PA      | $1676593.92   | 0.34%             | 2032-07-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H93C1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $958748.73    | 0.19%             | 2032-08-25      | Fixed         | 3.53%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H93D9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2000000 | PA      | $1907436.70   | 0.38%             | 2032-09-25      | Fixed         | 3.53%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H9JG5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $971674.07    | 0.19%             | 2032-10-25      | Variable      | 3.80%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H9M71<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    281677 | PA      | $280870.49    | 0.06%             | 2032-01-25      | Fixed         | 3.78%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H9M89<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2000000 | PA      | $1942560.28   | 0.39%             | 2032-11-25      | Variable      | 3.78%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H9PB9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2000000 | PA      | $1943575.24   | 0.39%             | 2032-12-25      | Variable      | 3.82%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H9ZV4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $995094.84    | 0.20%             | 2033-04-25      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137H9ZW2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1500000 | PA      | $1484889.51   | 0.30%             | 2033-04-25      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137HA2B1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2000000 | PA      | $2013880.24   | 0.40%             | 2033-02-25      | Variable      | 4.43%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137HA4B9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $1013854.09   | 0.20%             | 2030-03-25      | Fixed         | 4.41%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137HA4C7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2000000 | PA      | $2008206.94   | 0.40%             | 2030-04-25      | Fixed         | 4.22%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137HAAG1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3500000 | PA      | $3470646.87   | 0.70%             | 2033-05-25      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137HACX2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $1019584.66   | 0.20%             | 2028-06-25      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137HAGS9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1500000 | PA      | $1472339.58   | 0.29%             | 2033-07-25      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137HAMB9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    854700 | PA      | $862694.33    | 0.17%             | 2033-07-25      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137HAMH6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $1017165.03   | 0.20%             | 2028-08-25      | Variable      | 4.65%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137HAQ74<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $1019437.29   | 0.20%             | 2028-08-25      | Variable      | 4.74%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137HASK3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    500000 | PA      | $504508.19    | 0.10%             | 2033-08-25      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137HB2X1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1750000 | PA      | $1808638.76   | 0.36%             | 2033-10-25      | Variable      | 4.90%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137HB3D4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1250000 | PA      | $1285406.45   | 0.26%             | 2028-10-25      | Variable      | 5.07%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137HBC51<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $1035609.65   | 0.21%             | 2030-11-25      | Variable      | 4.94%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137HBC93<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1500000 | PA      | $1553090.96   | 0.31%             | 2030-11-25      | Variable      | 4.94%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137HBFY5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1882000 | PA      | $1921933.73   | 0.38%             | 2028-12-25      | Variable      | 4.72%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137HBLV4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1387000 | PA      | $1409807.87   | 0.28%             | 2028-12-25      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137HBP73<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $1049668.62   | 0.21%             | 2033-12-25      | Variable      | 5.15%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137HBPD0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $1038275.79   | 0.21%             | 2029-01-25      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137HBPM0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    115000 | PA      | $119705.06    | 0.02%             | 2029-01-25      | Fixed         | 5.48%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137HC2C5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    500000 | PA      | $519228.75    | 0.10%             | 2029-01-25      | Variable      | 5.36%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137HCXK3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5325000 | PA      | $5536954.54   | 1.11%             | 2034-03-25      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137HDUV0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1500000 | PA      | $1559446.61   | 0.31%             | 2034-05-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137HH6C0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2500000 | PA      | $2566761.45   | 0.51%             | 2029-09-25      | Fixed         | 4.79%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137HHHY0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3000000 | PA      | $3012011.28   | 0.60%             | 2034-09-25      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137HHJF9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    500000 | PA      | $512221.47    | 0.10%             | 2031-10-25      | Variable      | 4.68%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | FREMF 2024-K532 Mortgage Trust                                     | CUSIP: 3137HHUX7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2000000 | PA      | $2018689.64   | 0.40%             | 2029-11-25      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137HJ6B8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1911947 | PA      | $1903205.44   | 0.38%             | 2034-10-25      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137HKXJ8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    500000 | PA      | $507474.33    | 0.10%             | 2030-01-25      | Variable      | 4.41%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137HLJ52<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1500000 | PA      | $1557176.04   | 0.31%             | 2035-02-25      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137HLJA1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1500000 | PA      | $1527949.13   | 0.31%             | 2030-02-25      | Variable      | 4.51%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137HMC65<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2000000 | PA      | $2023014.44   | 0.41%             | 2030-06-25      | Variable      | 4.33%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137HMCA6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3000000 | PA      | $2978841.90   | 0.60%             | 2035-06-25      | Variable      | 4.40%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137HMCE8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1500000 | PA      | $1513385.81   | 0.30%             | 2030-07-25      | Variable      | 4.27%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137HMCK4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1250000 | PA      | $1261829.55   | 0.25%             | 2030-07-25      | Variable      | 4.29%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137HNMY1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $1006212.61   | 0.20%             | 2035-08-25      | Variable      | 4.58%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.     | Freddie Mac Multifamily Structured Pass Through Certificates       | CUSIP: 3137HNWM6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1500000 | PA      | $1502246.40   | 0.30%             | 2035-10-25      | Variable      | 4.53%                 | No            |                  2 | On Loan: No      |
| FIVE 2023-V1                                         | FIVE 2023-V1 Mortgage Trust                                        | CUSIP: 337964AC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $307518.20    | 0.06%             | 2056-02-10      | Variable      | 5.67%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                         | GS Mortgage Securities Trust 2018-GS10                             | CUSIP: 36250SAD1<br>LEI: 5493005BBCF84ICNQ550 | Long             | ABS-MBS          | CORP              | US        |    675000 | PA      | $665001.23    | 0.13%             | 2051-07-10      | Fixed         | 3.89%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                         | GS Mortgage Securities Trust 2019-GC38                             | CUSIP: 36252SAV9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $742490.86    | 0.15%             | 2052-02-10      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                         | GS Mortgage Securities Trust 2017-GS7                              | CUSIP: 36254CAU4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $1972367.34   | 0.40%             | 2050-08-10      | Fixed         | 3.17%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                         | GS Mortgage Securities Trust 2017-GS7                              | CUSIP: 36254CBA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $482534.34    | 0.10%             | 2050-08-10      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                         | GS Mortgage Securities Trust 2017-GS8                              | CUSIP: 36254KAL6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3390000 | PA      | $3349441.73   | 0.67%             | 2050-11-10      | Fixed         | 3.47%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                         | GS Mortgage Securities Trust 2017-GS8                              | CUSIP: 36254KAU6<br>LEI: 5493005BBCF84ICNQ550 | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $362400.86    | 0.07%             | 2050-11-10      | Variable      | 4.31%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                         | GS Mortgage Securities Trust 2019-GC40                             | CUSIP: 36257HBP0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1131000 | PA      | $1088962.66   | 0.22%             | 2052-07-10      | Fixed         | 3.16%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                         | GS Mortgage Securities Trust 2020-GC47                             | CUSIP: 36258RAZ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $1877178.62   | 0.38%             | 2053-05-12      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                         | GS Mortgage Securities Trust 2020-GC47                             | CUSIP: 36258RBA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1386083.66   | 0.28%             | 2053-05-12      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                         | GS Mortgage Securities Trust 2020-GC45                             | CUSIP: 36258YBF4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    775000 | PA      | $737618.91    | 0.15%             | 2053-02-13      | Fixed         | 2.66%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                         | GS Mortgage Securities Trust 2019-GSA1                             | CUSIP: 36261PAS1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $238678.20    | 0.05%             | 2052-11-10      | Fixed         | 2.79%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                         | GS Mortgage Securities Trust 2019-GSA1                             | CUSIP: 36261PAZ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $457391.36    | 0.09%             | 2052-11-10      | Variable      | 3.80%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                         | GS Mortgage Securities Trust 2021-GSA3                             | CUSIP: 36263UAM1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $884312.73    | 0.18%             | 2054-12-15      | Fixed         | 2.37%                 | No            |                  2 | On Loan: No      |
| JPMDB Commercial Mortgage Securities Trust           | JPMDB Commercial Mortgage Securities Trust 2017-C5                 | CUSIP: 46590TAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1100000 | PA      | $1089494.45   | 0.22%             | 2050-03-15      | Fixed         | 3.69%                 | No            |                  2 | On Loan: No      |
| JPMDB Commercial Mortgage Securities Trust           | JPMDB Commercial Mortgage Securities Trust 2018-C8                 | CUSIP: 46591AAZ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    452385 | PA      | $449996.44    | 0.09%             | 2051-06-15      | Fixed         | 3.94%                 | No            |                  2 | On Loan: No      |
| JPMDB Commercial Mortgage Securities Trust           | JPMDB Commercial Mortgage Securities Trust 2018-C8                 | CUSIP: 46591ABA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    450000 | PA      | $449924.21    | 0.09%             | 2051-06-15      | Fixed         | 4.21%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust        | JPMCC Commercial Mortgage Securities Trust 2019-COR5               | CUSIP: 46591EAR8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     40947 | PA      | $40765.95     | 0.01%             | 2052-06-13      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust        | JPMCC Commercial Mortgage Securities Trust 2019-COR5               | CUSIP: 46591EAS6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $486687.63    | 0.10%             | 2052-06-13      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| JPMDB Commercial Mortgage Securities Trust 2020-COR7 | JPMDB Commercial Mortgage Securities Trust 2020-COR7               | CUSIP: 46652JAW2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    539000 | PA      | $465356.90    | 0.09%             | 2053-05-13      | Fixed         | 2.18%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust        | JPMCC Commercial Mortgage Securities Trust 2017-JP6                | CUSIP: 48128KAU5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $294366.90    | 0.06%             | 2050-07-15      | Fixed         | 3.49%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust        | JPMCC Commercial Mortgage Securities Trust 2017-JP6                | CUSIP: 48128KAX9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $387489.33    | 0.08%             | 2050-07-15      | Fixed         | 3.74%                 | No            |                  2 | On Loan: No      |
| JPMDB Commercial Mortgage Securities Trust           | JPMDB Commercial Mortgage Securities Trust 2019-COR6               | CUSIP: 48129RAX3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    955000 | PA      | $875447.36    | 0.18%             | 2052-11-13      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| MSWF Commercial Mortgage Trust                       | MSWF Commercial Mortgage Trust 2023-1                              | CUSIP: 55376CAD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    900000 | PA      | $938459.73    | 0.19%             | 2056-05-15      | Fixed         | 5.47%                 | No            |                  2 | On Loan: No      |
| MSWF Commercial Mortgage Trust                       | MSWF Commercial Mortgage Trust 2023-1                              | CUSIP: 55376CAJ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    730000 | PA      | $772724.32    | 0.15%             | 2056-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                       | Morgan Stanley Capital I Trust 2016-UBS12                          | CUSIP: 61691EAZ8<br>LEI: 3IFG42XD94UUZ7FL2766 | Long             | ABS-MBS          | CORP              | US        |    906037 | PA      | $897792.41    | 0.18%             | 2049-12-15      | Fixed         | 3.34%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                            | Morgan Stanley Bank of America Merrill Lynch Trust 2016-C32        | CUSIP: 61691GAQ3<br>LEI: 549300P1YQ48837ZOI22 | Long             | ABS-MBS          | CORP              | US        |     60300 | PA      | $60089.07     | 0.01%             | 2049-12-15      | Fixed         | 3.51%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                       | Morgan Stanley Capital I Trust 2019-L3                             | CUSIP: 61691UBE8<br>LEI: 3IFG42XD94UUZ7FL2766 | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $239244.33    | 0.05%             | 2052-11-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                       | Morgan Stanley Capital I Trust 2019-L3                             | CUSIP: 61691UBK4<br>LEI: 3IFG42XD94UUZ7FL2766 | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $219503.77    | 0.04%             | 2052-11-15      | Variable      | 3.63%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                       | Morgan Stanley Capital I Trust 2021-L5                             | CUSIP: 61691YAC5<br>LEI: 3IFG42XD94UUZ7FL2766 | Long             | ABS-MBS          | CORP              | US        |    145000 | PA      | $138097.38    | 0.03%             | 2054-05-15      | Fixed         | 2.43%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                       | Morgan Stanley Capital I Trust 2020-HR8                            | CUSIP: 61692BBP4<br>LEI: 3IFG42XD94UUZ7FL2766 | Long             | ABS-MBS          | CORP              | US        |   1120000 | PA      | $1016708.21   | 0.20%             | 2053-07-15      | Fixed         | 2.04%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                       | Morgan Stanley Capital I Trust 2021-L6                             | CUSIP: 61692CAX6<br>LEI: 3IFG42XD94UUZ7FL2766 | Long             | ABS-MBS          | CORP              | US        |    993357 | PA      | $972740.61    | 0.19%             | 2054-06-15      | Variable      | 2.13%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                            | Morgan Stanley Bank of America Merrill Lynch Trust 2016-C30        | CUSIP: 61766NBA2<br>LEI: 549300P1YQ48837ZOI22 | Long             | ABS-MBS          | CORP              | US        |    413008 | PA      | $411753.57    | 0.08%             | 2049-09-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                       | Morgan Stanley Capital I Trust 2018-H3                             | CUSIP: 61767YAY6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    320930 | PA      | $318814.89    | 0.06%             | 2051-07-15      | Fixed         | 3.91%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                       | Morgan Stanley Capital I Trust 2018-H3                             | CUSIP: 61767YAZ3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | ABS-MBS          | CORP              | US        |    370000 | PA      | $369731.25    | 0.07%             | 2051-07-15      | Fixed         | 4.18%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                       | Morgan Stanley Capital I Trust 2018-H3                             | CUSIP: 61767YBE9<br>LEI: 3IFG42XD94UUZ7FL2766 | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $379812.63    | 0.08%             | 2051-07-15      | Variable      | 4.86%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                       | Morgan Stanley Capital I Trust 2020-L4                             | CUSIP: 61770KAW5<br>LEI: 3IFG42XD94UUZ7FL2766 | Long             | ABS-MBS          | CORP              | US        |    980103 | PA      | $913776.50    | 0.18%             | 2053-02-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                       | Morgan Stanley Capital I Trust 2020-L4                             | CUSIP: 61770KAX3<br>LEI: 3IFG42XD94UUZ7FL2766 | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $468075.38    | 0.09%             | 2053-02-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                       | Morgan Stanley Capital I Trust 2021-L7                             | CUSIP: 61772TBC7<br>LEI: 3IFG42XD94UUZ7FL2766 | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $444791.81    | 0.09%             | 2054-10-15      | Fixed         | 2.32%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                       | Morgan Stanley Capital I Trust 2021-L7                             | CUSIP: 61772TBH6<br>LEI: 3IFG42XD94UUZ7FL2766 | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $897609.83    | 0.18%             | 2054-10-15      | Fixed         | 2.57%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                            | MSBAM                                                              | CUSIP: 61778GAE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    900000 | PA      | $940721.56    | 0.19%             | 2058-03-15      | Fixed         | 5.64%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                            | Morgan Stanley Bank of America Merrill Lynch Trust 2025-C35        | CUSIP: 61779CAH7<br>LEI: 549300P1YQ48837ZOI22 | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $528981.97    | 0.11%             | 2058-08-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust                        | UBS Commercial Mortgage Trust 2017-C6                              | CUSIP: 90276UBC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $487833.38    | 0.10%             | 2050-12-15      | Variable      | 3.93%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust                        | UBS Commercial Mortgage Trust 2018-C8                              | CUSIP: 90276VAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1325000 | PA      | $1317567.49   | 0.26%             | 2051-02-15      | Fixed         | 3.98%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust                        | UBS Commercial Mortgage Trust 2018-C14                             | CUSIP: 90278KBD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $497867.40    | 0.10%             | 2051-12-15      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust                        | UBS Commercial Mortgage Trust 2018-C15                             | CUSIP: 90278LBB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $245469.51    | 0.05%             | 2051-12-15      | Variable      | 4.67%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust                        | UBS Commercial Mortgage Trust 2018-C15                             | CUSIP: 90278LBC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $730297.76    | 0.15%             | 2051-12-15      | Variable      | 4.92%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust                        | UBS Commercial Mortgage Trust                                      | CUSIP: 90278MBA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $952760.74    | 0.19%             | 2052-10-15      | Fixed         | 2.92%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust                        | UBS Commercial Mortgage Trust 2018-C13                             | CUSIP: 90353KAY5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    800000 | PA      | $800582.92    | 0.16%             | 2051-10-15      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| United States Treasury                               | U.S. Treasury Notes                                                | CUSIP: 91282CPJ4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1500000 | PA      | $1469296.88   | 0.29%             | 2035-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2025-5C4                     | CUSIP: 949931AF6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1200000 | PA      | $1259964.12   | 0.25%             | 2058-05-15      | Fixed         | 6.09%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2016-NXS6                    | CUSIP: 95000KBG9<br>LEI: 549300CFP9NBBMZH1008 | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $490688.52    | 0.10%             | 2049-11-15      | Fixed         | 3.81%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2017-C41                     | CUSIP: 95001ABJ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $231893.06    | 0.05%             | 2050-11-15      | Variable      | 4.48%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2017-C42                     | CUSIP: 95001GAL7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $460629.59    | 0.09%             | 2050-12-15      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2018-C44                     | CUSIP: 95001JAW7<br>LEI: 549300AGZIS1CJS4RM30 | Long             | ABS-MBS          | CORP              | US        |   1240200 | PA      | $1232735.78   | 0.25%             | 2051-05-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2018-C43                     | CUSIP: 95001LAX0<br>LEI: 549300RVQJTKIK3XGD11 | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $991178.68    | 0.20%             | 2051-03-15      | Variable      | 4.15%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2017-C38                     | CUSIP: 95001MAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    578062 | PA      | $571742.96    | 0.11%             | 2050-07-15      | Fixed         | 3.19%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2018-C45                     | CUSIP: 95001NBB3<br>LEI: 5493006021R83VCLAO08 | Long             | ABS-MBS          | CORP              | US        |    350000 | PA      | $344613.07    | 0.07%             | 2051-06-15      | Variable      | 4.41%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2018-C46                     | CUSIP: 95001QAU5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    623351 | PA      | $622809.03    | 0.12%             | 2051-08-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2018-C46                     | CUSIP: 95001QAX9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $737979.35    | 0.15%             | 2051-08-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2019-C51                     | CUSIP: 95001VAX8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    492000 | PA      | $462159.16    | 0.09%             | 2052-06-15      | Fixed         | 3.58%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2019-C49                     | CUSIP: 95001WBB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $745759.71    | 0.15%             | 2052-03-15      | Fixed         | 4.02%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2019-C49                     | CUSIP: 95001WBF4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $489635.01    | 0.10%             | 2052-03-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2019-C49                     | CUSIP: 95001WBG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    665000 | PA      | $643236.97    | 0.13%             | 2052-03-15      | Variable      | 4.87%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2019-C54                     | CUSIP: 95001YAD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    480132 | PA      | $457186.94    | 0.09%             | 2052-12-15      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2018-C47                     | CUSIP: 95002DBG3<br>LEI: 549300VHRKFNCWVN9Y77 | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $2010837.52   | 0.40%             | 2061-09-15      | Fixed         | 4.44%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2020-C55                     | CUSIP: 95002EBB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1479333 | PA      | $1392824.02   | 0.28%             | 2053-02-15      | Fixed         | 2.73%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2020-C56                     | CUSIP: 95002RAV0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    425052 | PA      | $410615.52    | 0.08%             | 2053-06-15      | Fixed         | 2.42%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2020-C56                     | CUSIP: 95002RAZ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    345000 | PA      | $310808.63    | 0.06%             | 2053-06-15      | Variable      | 3.61%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2020-C58                     | CUSIP: 95002UAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    490513 | PA      | $468892.81    | 0.09%             | 2053-07-15      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2021-C59                     | CUSIP: 95003CAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    459000 | PA      | $441612.76    | 0.09%             | 2054-04-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2021-C59                     | CUSIP: 95003CAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $916653.17    | 0.18%             | 2054-04-15      | Fixed         | 2.34%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2021-C59                     | CUSIP: 95003CAJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $908927.11    | 0.18%             | 2054-04-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2022-C62                     | CUSIP: 95003MBS6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $484419.81    | 0.10%             | 2055-04-15      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2021-C61                     | CUSIP: 95003QCC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $428037.26    | 0.09%             | 2054-11-15      | Fixed         | 3.31%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2024-5C2                     | CUSIP: 95003UAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1052156.55   | 0.21%             | 2057-11-15      | Variable      | 5.92%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2025-C64                     | CUSIP: 95004BAW1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $528516.15    | 0.11%             | 2058-02-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2025-5C3                     | CUSIP: 95004JAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1060169.91   | 0.21%             | 2058-01-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2025-5C5                     | CUSIP: 95004MAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1044927.09   | 0.21%             | 2058-07-15      | Fixed         | 5.59%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2025-5C5                     | CUSIP: 95004MAF4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $522564.05    | 0.10%             | 2058-07-15      | Fixed         | 5.92%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2025-5C6                     | CUSIP: 95004TAG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $518445.45    | 0.10%             | 2058-10-15      | Variable      | 5.98%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                | Wells Fargo Commercial Mortgage Trust 2025-C65                     | CUSIP: 95004WAG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $258617.96    | 0.05%             | 2058-10-15      | Variable      | 5.67%                 | No            |                  2 | On Loan: No      |
| BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES       | BlackRock Cash Funds: Treasury, SL Agency Shares                   | CUSIP: 066922477<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |   7410000 | NS      | $7410000.00   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-27

**Name of Applicant:** iShares Trust

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer