# EDGAR Filing Document

**Accession Number:** 0001540305
**File Stem:** 0000894189-25-013077
**Filing Date:** 2025-10
**Character Count:** 84958
**Document Hash:** 597b6a68348e3dad36e8827f6a1ff2fa
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-25-013077.hdr.sgml**: 20251030

**ACCESSION NUMBER**: 0000894189-25-013077

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251030

**DATE AS OF CHANGE**: 20251030

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ETF Series Solutions
- **CENTRAL INDEX KEY:** 0001540305

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1112

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22668
- **FILM NUMBER:** 251433617

**BUSINESS ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN ST
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 414-287-3700

**MAIL ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN ST
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

## Series and Classes Contracts Data

### Vident U.S. Bond Strategy ETF (Series ID: S000046801)

| Class ID   | Class Name                    | Ticker Symbol   |
|:---|:---|:---|
| C000146217 | Vident U.S. Bond Strategy ETF | VBND            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** ETF Series Solutions

- **b. Investment Company Act file number:** 811-22668

- **c. CIK number of Registrant:** 0001540305

- **d. LEI of Registrant:** 5493008BB0X0GYS3UI50

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

  - **Street Address 1:** 615 E Michigan Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 414-516-1645

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

- **a. Name of Series:** Vident U.S. Bond Strategy ETF

- **b. EDGAR series identifier (if any):** S000046801

- **c. LEI of Series:** 549300MY3MRI7YFRFJ97

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

- **a. Date of fiscal year-end:** 2025-08-31

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $504990321.37

**Total Liabilities:** $36852465.12

**Net Assets:** $468137856.25

**Delayed Delivery Securities:** $36689637.21

**Cash Not Reported:** $1710000.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 427.999869000000 | **1-Year:** 21598.248915000000 | **5-Year:** 39608.547088000000 | **10-Year:** 125699.467793000000 | **30-Year:** 84044.201545000000

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

- **3-Month:** 0.000000000000 | **1-Year:** 368.589092000000 | **5-Year:** 860.123822000000 | **10-Year:** 1382.658159000000 | **30-Year:** 12495.739216000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000146217 | 1.78%                | -0.23%               | 1.02%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $214783.00               | $6186424.11                                |
| Month 2  | $191019.78               | $-2858657.47                               |
| Month 3  | $223580.47               | $2865868.62                                |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                   | Title                                     | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   | Fair Value Level   | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| DEUTSCHE BANK NY                       | Deutsche Bank AG/New York NY              | CUSIP: 251526CF4<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |   1000000 | PA      | $938542.37    | 0.20%             | 2032-01-14      | Variable      | 3.73%                 | No            | 2                  | On Loan: No      |
| DEUTSCHE BANK NY                       | Deutsche Bank AG/New York NY              | CUSIP: 251526CT4<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |   1100000 | PA      | $1194788.69   | 0.26%             | 2034-02-10      | Variable      | 7.08%                 | No            | 2                  | On Loan: No      |
| DEUTSCHE BANK NY                       | Deutsche Bank AG/New York NY              | CUSIP: 25160PAG2<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    500000 | PA      | $458048.65    | 0.10%             | 2033-01-07      | Variable      | 3.74%                 | No            | 2                  | On Loan: No      |
| DEVON ENERGY CORPORATION               | Devon Energy Corp                         | CUSIP: 25179SAD2<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |   1175000 | PA      | $1359106.98   | 0.29%             | 2031-09-30      | Fixed         | 7.88%                 | No            | 2                  | On Loan: No      |
| DICK'S SPORTING GOODS                  | Dick's Sporting Goods Inc                 | CUSIP: 253393AG7<br>LEI: 529900SSBV5I4LWSK313 | Long             | DBT              | CORP              | US        |   1795000 | PA      | $1276669.27   | 0.27%             | 2052-01-15      | Fixed         | 4.10%                 | No            | 2                  | On Loan: No      |
| DOMINION ENERGY INC                    | Dominion Energy Inc                       | CUSIP: 25746UDV8<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1335033.70   | 0.29%             | 2055-05-15      | Variable      | 6.62%                 | No            | 2                  | On Loan: No      |
| DOW CHEMICAL CO/THE                    | Dow Chemical Co/The                       | CUSIP: 260543BY8<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |    750000 | PA      | $971300.55    | 0.21%             | 2039-05-15      | Fixed         | 9.40%                 | No            | 2                  | On Loan: No      |
| EQT CORP                               | EQT Corp                                  | CUSIP: 26884LAG4<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |   1220000 | PA      | $1327389.18   | 0.28%             | 2030-02-01      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| EPR PROPERTIES                         | EPR Properties                            | CUSIP: 26884UAF6<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              | CORP              | US        |   1430000 | PA      | $1373626.74   | 0.29%             | 2029-08-15      | Fixed         | 3.75%                 | No            | 2                  | On Loan: No      |
| EDISON INTERNATIONAL                   | Edison International                      | CUSIP: 281020AX5<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |   1420000 | PA      | $1424055.52   | 0.30%             | 2053-06-15      | Variable      | 8.12%                 | No            | 2                  | On Loan: No      |
| ENERGY TRANSFER LP                     | Energy Transfer LP                        | CUSIP: 29273VAX8<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1279267.20   | 0.27%             | 2054-05-15      | Variable      | 8.00%                 | No            | 2                  | On Loan: No      |
| ENSTAR FINANCE LLC                     | Enstar Finance LLC                        | CUSIP: 29360AAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1386092.96   | 0.30%             | 2042-01-15      | Variable      | 5.50%                 | No            | 2                  | On Loan: No      |
| ENTERGY CORP                           | Entergy Corp                              | CUSIP: 29364GAQ6<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1360534.10   | 0.29%             | 2054-12-01      | Variable      | 7.12%                 | No            | 2                  | On Loan: No      |
| ENTERPRISE PRODUCTS OPER               | Enterprise Products Operating LLC         | CUSIP: 29379VBR3<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |   1380000 | PA      | $1368806.54   | 0.29%             | 2078-02-15      | Variable      | 5.38%                 | No            | 2                  | On Loan: No      |
| EQUITABLE HOLDINGS INC                 | Equitable Holdings Inc                    | CUSIP: 29452EAD3<br>LEI: 549300FIBAKMNHPZ4009 | Long             | DBT              | CORP              | US        |   1350000 | PA      | $1382896.80   | 0.30%             | 2055-03-28      | Variable      | 6.70%                 | No            | 2                  | On Loan: No      |
| EVERGY INC                             | Evergy Inc                                | CUSIP: 30034WAE6<br>LEI: 549300PGTHDQY6PSUI61 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1322251.57   | 0.28%             | 2055-06-01      | Variable      | 6.65%                 | No            | 2                  | On Loan: No      |
| STATE OF ISRAEL                        | Israel Government International Bond      | CUSIP: 46514BRM1<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |   2000000 | PA      | $1854408.62   | 0.40%             | 2054-03-12      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| SYNOVUS BANK GA                        | Synovus Bank/Columbus GA                  | CUSIP: 87164DVJ6<br>LEI: DX0JX77PRMOELF7VG772 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1276124.80   | 0.27%             | 2028-02-15      | Fixed         | 5.62%                 | No            | 2                  | On Loan: No      |
| TAPESTRY INC                           | Tapestry Inc                              | CUSIP: 876030AA5<br>LEI: 549300LJNVY5SW3VTN33 | Long             | DBT              | CORP              | US        |   1560000 | PA      | $1397916.95   | 0.30%             | 2032-03-15      | Fixed         | 3.05%                 | No            | 2                  | On Loan: No      |
| TENN VALLEY AUTHORITY                  | Tennessee Valley Authority                | CUSIP: 880591CP5<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |    785000 | PA      | $899104.51    | 0.19%             | 2038-01-15      | Fixed         | 6.15%                 | No            | 2                  | On Loan: No      |
| TENN VALLEY AUTHORITY                  | Tennessee Valley Authority                | CUSIP: 880591CS9<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |    820000 | PA      | $910067.63    | 0.19%             | 2036-04-01      | Fixed         | 5.88%                 | No            | 2                  | On Loan: No      |
| TENN VALLEY AUTHORITY                  | Tennessee Valley Authority                | CUSIP: 880591DM1<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |    475000 | PA      | $542127.18    | 0.12%             | 2030-05-01      | Fixed         | 7.12%                 | No            | 2                  | On Loan: No      |
| TENN VALLEY AUTHORITY                  | Tennessee Valley Authority                | CUSIP: 880591DZ2<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |    545000 | PA      | $540640.62    | 0.12%             | 2056-04-01      | Fixed         | 5.38%                 | No            | 2                  | On Loan: No      |
| TENN VALLEY AUTHORITY                  | Tennessee Valley Authority                | CUSIP: 880591EH1<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |    800000 | PA      | $837869.62    | 0.18%             | 2039-09-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| TENN VALLEY AUTHORITY                  | Tennessee Valley Authority                | CUSIP: 880591EJ7<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |    495000 | PA      | $428806.75    | 0.09%             | 2060-09-15      | Fixed         | 4.62%                 | No            | 2                  | On Loan: No      |
| TENN VALLEY AUTHORITY                  | Tennessee Valley Authority                | CUSIP: 880591EP3<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |    805000 | PA      | $657328.10    | 0.14%             | 2042-12-15      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| TENN VALLEY AUTHORITY                  | Tennessee Valley Authority                | CUSIP: 880591ES7<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |    260000 | PA      | $207229.14    | 0.04%             | 2065-09-15      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| TENN VALLEY AUTHORITY                  | Tennessee Valley Authority                | CUSIP: 880591EU2<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |    660000 | PA      | $652288.56    | 0.14%             | 2027-02-01      | Fixed         | 2.88%                 | No            | 2                  | On Loan: No      |
| TENN VALLEY AUTHORITY                  | Tennessee Valley Authority                | CUSIP: 880591EZ1<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |    370000 | PA      | $372062.69    | 0.08%             | 2028-03-15      | Fixed         | 3.88%                 | No            | 2                  | On Loan: No      |
| TENN VALLEY AUTHORITY                  | Tennessee Valley Authority                | CUSIP: 880591FB3<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |    350000 | PA      | $349671.88    | 0.07%             | 2034-08-01      | Fixed         | 4.38%                 | No            | 2                  | On Loan: No      |
| TENN VALLEY AUTHORITY                  | Tennessee Valley Authority                | CUSIP: 880591FC1<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |    600000 | PA      | $582196.46    | 0.12%             | 2055-02-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| TRUIST FINANCIAL CORP                  | Truist Financial Corp                     | CUSIP: 89788NAA8<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |   1365000 | PA      | $1345250.25   | 0.29%             | 2033-07-28      | Variable      | 4.92%                 | No            | 2                  | On Loan: No      |
| U.S. Bank Money Market Deposit Account | U.S. Bank Money Market Deposit Account    | CUSIP: 8AMMF0A84<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  37836042 | NS      | $37836041.53  | 8.08%             |  |  |  | No            | N/A                | On Loan: No      |
| US BANCORP                             | US Bancorp                                | CUSIP: 91159HJB7<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |   1585000 | PA      | $1364061.03   | 0.29%             | 2036-11-03      | Variable      | 2.49%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 912810FB9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  28115000 | PA      | $29620690.11  | 6.33%             | 2027-11-15      | Fixed         | 6.12%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 912810FF0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  20160000 | PA      | $21150674.90  | 4.52%             | 2028-11-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 912810FM5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11340000 | PA      | $12582084.38  | 2.69%             | 2030-05-15      | Fixed         | 6.25%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 912810FP8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  13625000 | PA      | $14702226.56  | 3.14%             | 2031-02-15      | Fixed         | 5.38%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 912810QC5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1040000 | PA      | $1032931.24   | 0.22%             | 2039-08-15      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 912810QD3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3780000 | PA      | $3693768.75   | 0.79%             | 2039-11-15      | Fixed         | 4.38%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 912810QE1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2600000 | PA      | $2605230.47   | 0.56%             | 2040-02-15      | Fixed         | 4.62%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 912810QH4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3400000 | PA      | $3309289.05   | 0.71%             | 2040-05-15      | Fixed         | 4.38%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 912810QL5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6750000 | PA      | $6443085.94   | 1.38%             | 2040-11-15      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| FMC CORP                               | FMC Corp                                  | CUSIP: 302491AY1<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1444892.09   | 0.31%             | 2053-05-18      | Fixed         | 6.38%                 | No            | 2                  | On Loan: No      |
| FEDERAL HOME LOAN BANK                 | Federal Home Loan Banks                   | CUSIP: 3130AWN63<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |    150000 | PA      | $151734.75    | 0.03%             | 2028-06-30      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| FEDERAL HOME LOAN BANK                 | Federal Home Loan Banks                   | CUSIP: 3130AXU63<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |    660000 | PA      | $666512.49    | 0.14%             | 2026-11-17      | Fixed         | 4.62%                 | No            | 2                  | On Loan: No      |
| FEDERAL HOME LOAN BANK                 | Federal Home Loan Banks                   | CUSIP: 3130AYPN0<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |    460000 | PA      | $462129.12    | 0.10%             | 2027-01-15      | Fixed         | 4.12%                 | No            | 2                  | On Loan: No      |
| FEDERAL HOME LOAN BANK                 | Federal Home Loan Banks                   | CUSIP: 3130B0TY5<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |    400000 | PA      | $406466.85    | 0.09%             | 2027-04-09      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| FEDERAL HOME LOAN BANK                 | Federal Home Loan Banks                   | CUSIP: 3133XGAY0<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |    370000 | PA      | $403526.40    | 0.09%             | 2036-07-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| FEDEX CORP                             | FedEx Corp                                | CUSIP: 31428XCR5<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |   1205000 | PA      | $1071515.06   | 0.23%             | 2044-01-15      | Fixed         | 5.10%                 | No            | 2                  | On Loan: No      |
| FIFTH THIRD BANCORP                    | Fifth Third Bancorp                       | CUSIP: 316773CH1<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |    910000 | PA      | $1115049.14   | 0.24%             | 2038-03-01      | Fixed         | 8.25%                 | No            | 2                  | On Loan: No      |
| FIRST CITIZENS BANCSHARE               | First Citizens BancShares Inc/NC          | CUSIP: 31959XAF0<br>LEI: 549300N3Z00ZHE2XC526 | Long             | DBT              | CORP              | US        |   1430000 | PA      | $1439851.27   | 0.31%             | 2040-03-12      | Variable      | 6.25%                 | No            | 2                  | On Loan: No      |
| FLOWSERVE CORPORATION                  | Flowserve Corp                            | CUSIP: 34354PAF2<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | DBT              | CORP              | US        |   1410000 | PA      | $1343009.52   | 0.29%             | 2030-10-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| FORD MOTOR COMPANY                     | Ford Motor Co                             | CUSIP: 345370CQ1<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |    500000 | PA      | $387541.29    | 0.08%             | 2043-01-15      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| ICON INVESTMENTS SIX DAC               | Icon Investments Six DAC                  | CUSIP: 45115AAC8<br>LEI: 635400FQ1M7J2CHLAS59 | Long             | DBT              | CORP              | IE        |   1000000 | PA      | $1040017.55   | 0.22%             | 2034-05-08      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| KRAFT HEINZ FOODS CO                   | Kraft Heinz Foods Co                      | CUSIP: 50076QAN6<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |    990000 | PA      | $1044990.83   | 0.22%             | 2040-02-09      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| KRAFT HEINZ FOODS CO                   | Kraft Heinz Foods Co                      | CUSIP: 50076QAR7<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |    105000 | PA      | $114299.57    | 0.02%             | 2039-01-26      | Fixed         | 6.88%                 | No            | 2                  | On Loan: No      |
| KYNDRYL HOLDINGS INC                   | Kyndryl Holdings Inc                      | CUSIP: 50155QAM2<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | DBT              | CORP              | US        |   1685000 | PA      | $1326394.24   | 0.28%             | 2041-10-15      | Fixed         | 4.10%                 | No            | 2                  | On Loan: No      |
| FREDDIE MAC                            | Federal Home Loan Mortgage Corp           | CUSIP: 3134A3U46<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGSE             | US        |    700000 | PA      | $782466.81    | 0.17%             | 2029-09-15      | Fixed         | 6.75%                 | No            | 2                  | On Loan: No      |
| FREDDIE MAC                            | Federal Home Loan Mortgage Corp           | CUSIP: 3134A4AA2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGSE             | US        |    150000 | PA      | $171967.32    | 0.04%             | 2031-03-15      | Fixed         | 6.75%                 | No            | 2                  | On Loan: No      |
| FORD MOTOR COMPANY                     | Ford Motor Co                             | CUSIP: 345370CS7<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |    500000 | PA      | $406280.85    | 0.09%             | 2046-12-08      | Fixed         | 5.29%                 | No            | 2                  | On Loan: No      |
| FOX CORP                               | Fox Corp                                  | CUSIP: 35137LAK1<br>LEI: 549300DDU6FDRBIELS05 | Long             | DBT              | CORP              | US        |   1450000 | PA      | $1368231.06   | 0.29%             | 2049-01-25      | Fixed         | 5.58%                 | No            | 2                  | On Loan: No      |
| PHILLIPS 66                            | Phillips 66 Co                            | CUSIP: 718547AP7<br>LEI: RVJMT2IZVVSKIRJJBH76 | Long             | DBT              | CORP              | US        |   1030000 | PA      | $887872.44    | 0.19%             | 2046-10-01      | Fixed         | 4.90%                 | No            | 2                  | On Loan: No      |
| PRUDENTIAL FINANCIAL INC               | Prudential Financial Inc                  | CUSIP: 744320AW2<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |   1375000 | PA      | $1354527.90   | 0.29%             | 2047-09-15      | Variable      | 4.50%                 | No            | 2                  | On Loan: No      |
| REGIONS BANK                           | Regions Bank/Birmingham AL                | CUSIP: 75913MAA7<br>LEI: EQTWLK1G7ODGC2MGLV11 | Long             | DBT              | CORP              | US        |   1308000 | PA      | $1414176.34   | 0.30%             | 2037-06-26      | Fixed         | 6.45%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 912810QU5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3625000 | PA      | $2941206.06   | 0.63%             | 2042-02-15      | Fixed         | 3.12%                 | No            | 2                  | On Loan: No      |
| ALBEMARLE CORP                         | Albemarle Corp                            | CUSIP: 012653AE1<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1468820.07   | 0.31%             | 2032-06-01      | Fixed         | 5.05%                 | No            | 2                  | On Loan: No      |
| ALLSTATE CORP                          | Allstate Corp/The                         | CUSIP: 020002AU5<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |   1350000 | PA      | $1395850.05   | 0.30%             | 2057-05-15      | Variable      | 6.50%                 | No            | 2                  | On Loan: No      |
| ALLY FINANCIAL INC                     | Ally Financial Inc                        | CUSIP: 02005NBS8<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |   1290000 | PA      | $1340413.35   | 0.29%             | 2033-02-14      | Fixed         | 6.70%                 | No            | 2                  | On Loan: No      |
| ALTRIA GROUP INC                       | Altria Group Inc                          | CUSIP: 02209SBK8<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |   1755000 | PA      | $1384756.58   | 0.30%             | 2050-05-06      | Fixed         | 4.45%                 | No            | 2                  | On Loan: No      |
| AMERICAN ELECTRIC POWER                | American Electric Power Co Inc            | CUSIP: 025537AU5<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |   1430000 | PA      | $1389944.93   | 0.30%             | 2062-02-15      | Variable      | 3.88%                 | No            | 2                  | On Loan: No      |
| APA CORP                               | APA Corp                                  | CUSIP: 03743QAH1<br>LEI: 549300VCIWLRHYVSHC79 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1276392.53   | 0.27%             | 2040-09-01      | Fixed         | 5.10%                 | No            | 2                  | On Loan: No      |
| APA CORP                               | APA Corp                                  | CUSIP: 03743QAS7<br>LEI: 549300VCIWLRHYVSHC79 | Long             | DBT              | CORP              | US        |    150000 | PA      | $142517.43    | 0.03%             | 2055-02-15      | Fixed         | 6.75%                 | No            | 2                  | On Loan: No      |
| ARES CAPITAL CORP                      | Ares Capital Corp                         | CUSIP: 04010LBC6<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |   1590000 | PA      | $1416771.69   | 0.30%             | 2031-11-15      | Fixed         | 3.20%                 | No            | 2                  | On Loan: No      |
| ATHENE HOLDING LTD                     | Athene Holding Ltd                        | CUSIP: 04686JAJ0<br>LEI: 549300H316CT32FQXI76 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1407779.80   | 0.30%             | 2054-10-15      | Variable      | 6.62%                 | No            | 2                  | On Loan: No      |
| BAYER US FINANCE II LLC                | Bayer US Finance II LLC                   | CUSIP: 07274NBF9<br>LEI: 529900XWNEXYNJ3X6T40 | Long             | DBT              | CORP              | US        |   2020000 | PA      | $1589702.29   | 0.34%             | 2044-07-15      | Fixed         | 4.40%                 | No            | 2                  | On Loan: No      |
| BAYER US FINANCE II LLC                | Bayer US Finance II LLC                   | CUSIP: 07274NBH5<br>LEI: 529900XWNEXYNJ3X6T40 | Long             | DBT              | CORP              | US        |   1115000 | PA      | $828555.85    | 0.18%             | 2064-07-15      | Fixed         | 4.70%                 | No            | 2                  | On Loan: No      |
| BLACKSTONE PRIVATE CRE                 | Blackstone Private Credit Fund            | CUSIP: 09261HBW6<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1410851.86   | 0.30%             | 2034-11-22      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| BLACKSTONE SECURED LEND                | Blackstone Secured Lending Fund           | CUSIP: 09261XAG7<br>LEI: 549300KM7KWQHVBNH962 | Long             | DBT              | CORP              | US        |   1430000 | PA      | $1351262.20   | 0.29%             | 2028-09-30      | Fixed         | 2.85%                 | No            | 2                  | On Loan: No      |
| BRIGHTHOUSE FINANCIAL IN               | Brighthouse Financial Inc                 | CUSIP: 10922NAF0<br>LEI: 5493003T8SZSHOGGAW52 | Long             | DBT              | CORP              | US        |   1840000 | PA      | $1379422.11   | 0.29%             | 2047-06-22      | Fixed         | 4.70%                 | No            | 2                  | On Loan: No      |
| BRUNSWICK CORP                         | Brunswick Corp/DE                         | CUSIP: 117043AT6<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | DBT              | CORP              | US        |   1630000 | PA      | $1409828.12   | 0.30%             | 2031-08-18      | Fixed         | 2.40%                 | No            | 2                  | On Loan: No      |
| CAPITAL ONE FINANCIAL CO               | Capital One Financial Corp                | CUSIP: 14040HCG8<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |   1625000 | PA      | $1398099.33   | 0.30%             | 2032-07-29      | Variable      | 2.36%                 | No            | 2                  | On Loan: No      |
| CARDINAL HEALTH INC                    | Cardinal Health Inc                       | CUSIP: 14149YBM9<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $807891.86    | 0.17%             | 2047-06-15      | Fixed         | 4.37%                 | No            | 2                  | On Loan: No      |
| CAPITAL ONE FINANCIAL CO               | Capital One Financial Corp                | CUSIP: 254709AS7<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |   1260000 | PA      | $1386657.73   | 0.30%             | 2032-11-29      | Fixed         | 6.70%                 | No            | 2                  | On Loan: No      |
| BLUE OWL TECHNOLOGY FINA               | Blue Owl Technology Finance Corp          | CUSIP: 69121JAB3<br>LEI: 254900G5EZJSOD3UKL16 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1553705.78   | 0.33%             | 2029-04-04      | Fixed         | 6.75%                 | No            | 2                  | On Loan: No      |
| COREBRIDGE FINANCIAL INC               | Corebridge Financial Inc                  | CUSIP: 21871XAP4<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1344907.84   | 0.29%             | 2052-12-15      | Variable      | 6.88%                 | No            | 2                  | On Loan: No      |
| CORNING INC                            | Corning Inc                               | CUSIP: 219350BQ7<br>LEI: 549300X2937PB0CJ7I56 | Long             | DBT              | CORP              | US        |    785000 | PA      | $713611.83    | 0.15%             | 2079-11-15      | Fixed         | 5.45%                 | No            | 2                  | On Loan: No      |
| COPT DEFENSE PROP LP                   | COPT Defense Properties LP                | CUSIP: 22003BAM8<br>LEI: H0TWO5VRNEP6CQAWPX27 | Long             | DBT              | CORP              | US        |   1610000 | PA      | $1452815.68   | 0.31%             | 2031-04-15      | Fixed         | 2.75%                 | No            | 2                  | On Loan: No      |
| DEUTSCHE BANK NY                       | Deutsche Bank AG/New York NY              | CUSIP: 251526BN8<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |   1000000 | PA      | $996666.75    | 0.21%             | 2032-12-01      | Variable      | 4.88%                 | No            | 2                  | On Loan: No      |
| FEDERAL HOME LOAN BANK                 | Federal Home Loan Banks                   | CUSIP: 3130AEB25<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |    160000 | PA      | $158611.18    | 0.03%             | 2028-06-09      | Fixed         | 3.25%                 | No            | 2                  | On Loan: No      |
| FEDERAL HOME LOAN BANK                 | Federal Home Loan Banks                   | CUSIP: 3130AFFX0<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |    270000 | PA      | $267520.64    | 0.06%             | 2028-11-16      | Fixed         | 3.25%                 | No            | 2                  | On Loan: No      |
| FEDERAL HOME LOAN BANK                 | Federal Home Loan Banks                   | CUSIP: 3130AQF65<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |    590000 | PA      | $571176.81    | 0.12%             | 2026-12-21      | Fixed         | 1.25%                 | No            | 2                  | On Loan: No      |
| FEDERAL HOME LOAN BANK                 | Federal Home Loan Banks                   | CUSIP: 3130ATS57<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |    320000 | PA      | $326782.00    | 0.07%             | 2028-03-10      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| WOODSIDE FINANCE LTD                   | Woodside Finance Ltd                      | CUSIP: 980236AS2<br>LEI: 254900AIZKU6TGRRNZ98 | Long             | DBT              | CORP              | AU        |   1000000 | PA      | $921346.12    | 0.20%             | 2054-09-12      | Fixed         | 5.70%                 | No            | 2                  | On Loan: No      |
| ZIONS BANCORP NA                       | Zions Bancorp NA                          | CUSIP: 98971DAB6<br>LEI: 8WH0EE09O9V05QJZ3V89 | Long             | DBT              | CORP              | US        |   1545000 | PA      | $1434007.40   | 0.31%             | 2029-10-29      | Fixed         | 3.25%                 | No            | 2                  | On Loan: No      |
| WARNERMEDIA HOLDINGS INC               | Warnermedia Holdings Inc                  | CUSIP: 55903VBF9<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1079000.00   | 0.23%             | 2062-03-15      | Fixed         | 5.39%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 91282CJR3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    400000 | PA      | $401796.88    | 0.09%             | 2028-12-31      | Fixed         | 3.75%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 91282CJW2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1500000 | PA      | $1518779.30   | 0.32%             | 2029-01-31      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 91282CKD2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1055000 | PA      | $1076903.61   | 0.23%             | 2029-02-28      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 91282CKG5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2450000 | PA      | $2491487.30   | 0.53%             | 2029-03-31      | Fixed         | 4.12%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 91282CKP5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    995000 | PA      | $1028911.62   | 0.22%             | 2029-04-30      | Fixed         | 4.62%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 91282CKZ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5490000 | PA      | $5560984.00   | 1.19%             | 2027-07-15      | Fixed         | 4.38%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 91282CLG4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1925000 | PA      | $1928910.16   | 0.41%             | 2027-08-15      | Fixed         | 3.75%                 | No            | 2                  | On Loan: No      |
| VALERO ENERGY CORP                     | Valero Energy Corp                        | CUSIP: 91913YAL4<br>LEI: 549300XTO5VR8SKV1V74 | Long             | DBT              | CORP              | US        |   1215000 | PA      | $1325860.32   | 0.28%             | 2037-06-15      | Fixed         | 6.62%                 | No            | 2                  | On Loan: No      |
| VIATRIS INC                            | Viatris Inc                               | CUSIP: 92556VAF3<br>LEI: 254900ZZTSW7NL773X71 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1320407.94   | 0.28%             | 2050-06-22      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| VICI PROPERTIES LP                     | VICI Properties LP                        | CUSIP: 925650AE3<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |    850000 | PA      | $778084.31    | 0.17%             | 2052-05-15      | Fixed         | 5.62%                 | No            | 2                  | On Loan: No      |
| VICI PROPERTIES LP                     | VICI Properties LP                        | CUSIP: 925650AG8<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |    600000 | PA      | $584650.88    | 0.12%             | 2054-04-01      | Fixed         | 6.12%                 | No            | 2                  | On Loan: No      |
| VONTIER CORP                           | Vontier Corp                              | CUSIP: 928881AF8<br>LEI: 549300VVSQLG4P5K4639 | Long             | DBT              | CORP              | US        |   1505000 | PA      | $1366800.82   | 0.29%             | 2031-04-01      | Fixed         | 2.95%                 | No            | 2                  | On Loan: No      |
| WESTERN MIDSTREAM OPERAT               | Western Midstream Operating LP            | CUSIP: 958254AJ3<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |   1580000 | PA      | $1332336.85   | 0.28%             | 2048-03-01      | Fixed         | 5.30%                 | No            | 2                  | On Loan: No      |
| WHIRLPOOL CORP                         | Whirlpool Corp                            | CUSIP: 963320AV8<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1507758.60   | 0.32%             | 2046-06-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| WOODSIDE FINANCE LTD                   | Woodside Finance Ltd                      | CUSIP: 980236AR4<br>LEI: 254900AIZKU6TGRRNZ98 | Long             | DBT              | CORP              | AU        |   1000000 | PA      | $979635.82    | 0.21%             | 2034-09-12      | Fixed         | 5.10%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 91282CDP3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1065000 | PA      | $991386.04    | 0.21%             | 2028-12-31      | Fixed         | 1.38%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 91282CEE7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2030000 | PA      | $1945945.31   | 0.42%             | 2029-03-31      | Fixed         | 2.38%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 91282CFB2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3540000 | PA      | $3481576.16   | 0.74%             | 2027-07-31      | Fixed         | 2.75%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 91282CFH9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1560000 | PA      | $1545039.85   | 0.33%             | 2027-08-31      | Fixed         | 3.12%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 91282CHX2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4740000 | PA      | $4844613.27   | 1.03%             | 2028-08-31      | Fixed         | 4.38%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 91282CJA0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2145000 | PA      | $2208931.06   | 0.47%             | 2028-09-30      | Fixed         | 4.62%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 91282CJF9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2510000 | PA      | $2604762.31   | 0.56%             | 2028-10-31      | Fixed         | 4.88%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 91282CJN2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1700000 | PA      | $1739943.35   | 0.37%             | 2028-11-30      | Fixed         | 4.38%                 | No            | 2                  | On Loan: No      |
| OVINTIV INC                            | Ovintiv Inc                               | CUSIP: 012873AK1<br>LEI: 2549003MEX7YMKLGI239 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1218131.13   | 0.26%             | 2031-11-01      | Fixed         | 7.38%                 | No            | 2                  | On Loan: No      |
| PARAMOUNT GLOBAL                       | Paramount Global                          | CUSIP: 124857AK9<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    500000 | PA      | $400824.19    | 0.09%             | 2044-08-15      | Fixed         | 4.90%                 | No            | 2                  | On Loan: No      |
| CMS ENERGY CORP                        | CMS Energy Corp                           | CUSIP: 125896BU3<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |   1420000 | PA      | $1375205.39   | 0.29%             | 2050-06-01      | Variable      | 4.75%                 | No            | 2                  | On Loan: No      |
| CENTENE CORP                           | Centene Corp                              | CUSIP: 15135BAT8<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |   1350000 | PA      | $1300632.93   | 0.28%             | 2029-12-15      | Fixed         | 4.62%                 | No            | 2                  | On Loan: No      |
| COMERICA BANK                          | Comerica Bank                             | CUSIP: 200339EX3<br>LEI: 70WY0ID1N53Q4254VH70 | Long             | DBT              | CORP              | US        |   1385000 | PA      | $1365532.19   | 0.29%             | 2033-08-25      | Variable      | 5.33%                 | No            | 2                  | On Loan: No      |
| CONTINENTAL RESOURCES                  | Continental Resources Inc/OK              | CUSIP: 212015AQ4<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |   1610000 | PA      | $1270610.76   | 0.27%             | 2044-06-01      | Fixed         | 4.90%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage A         | Ginnie Mae                                | CUSIP: 21H042695<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | DBT              | USGA              | US        |    300000 | PA      | $288964.20    | 0.06%             | 2041-09-15      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage A         | Ginnie Mae                                | CUSIP: 21H050698<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGSE             | US        |   1170000 | PA      | $1158024.71   | 0.25%             | 2048-09-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage A         | Ginnie Mae                                | CUSIP: 21H052694<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-CBDO         | CORP              | US        |   4120000 | PA      | $4151480.14   | 0.89%             | 2053-03-20      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage A         | Ginnie Mae                                | CUSIP: 21H060697<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-CBDO         | CORP              | US        |   8825000 | PA      | $9003728.93   | 1.92%             | 2053-09-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage A         | Ginnie Mae                                | CUSIP: 21H062693<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-CBDO         | CORP              | US        |   5555000 | PA      | $5715654.66   | 1.22%             | 2053-09-15      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage A         | Ginnie Mae                                | CUSIP: 21H070696<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-CBDO         | CORP              | US        |    530000 | PA      | $547637.07    | 0.12%             | 2053-09-20      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| OVINTIV INC                            | Ovintiv Inc                               | CUSIP: 292505AD6<br>LEI: 2549003MEX7YMKLGI239 | Long             | DBT              | CORP              | US        |    150000 | PA      | $157998.93    | 0.03%             | 2034-08-15      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| FREDDIE MAC                            | Federal Home Loan Mortgage Corp           | CUSIP: 3134A4KX1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGSE             | US        |    150000 | PA      | $170407.29    | 0.04%             | 2032-07-15      | Fixed         | 6.25%                 | No            | 2                  | On Loan: No      |
| FREEPORT-MCMORAN INC                   | Freeport-McMoRan Inc                      | CUSIP: 35671DBC8<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |   1380000 | PA      | $1306254.32   | 0.28%             | 2043-03-15      | Fixed         | 5.45%                 | No            | 2                  | On Loan: No      |
| GLP CAPITAL LP / FIN II                | GLP Capital LP / GLP Financing II Inc     | CUSIP: 361841AK5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1305000 | PA      | $1340446.41   | 0.29%             | 2028-06-01      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage A         | Ginnie Mae II Pool                        | CUSIP: 3618N5EU9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3435541 | PA      | $3403627.19   | 0.73%             | 2055-01-20      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage A         | Ginnie Mae II Pool                        | CUSIP: 3618N5PK9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3480209 | PA      | $3554099.93   | 0.76%             | 2055-06-20      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| GENERAL MOTORS CO                      | General Motors Co                         | CUSIP: 37045VAL4<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1451032.18   | 0.31%             | 2046-04-01      | Fixed         | 6.75%                 | No            | 2                  | On Loan: No      |
| HF SINCLAIR CORP                       | HF Sinclair Corp                          | CUSIP: 403949AS9<br>LEI: 2549009G116AM01XHN24 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1440709.69   | 0.31%             | 2035-01-15      | Fixed         | 6.25%                 | No            | 2                  | On Loan: No      |
| HCA INC                                | HCA Inc                                   | CUSIP: 404119BV0<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1018557.80   | 0.22%             | 2047-06-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| HALLIBURTON CO                         | Halliburton Co                            | CUSIP: 406216AY7<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | DBT              | CORP              | US        |    375000 | PA      | $439599.82    | 0.09%             | 2039-09-15      | Fixed         | 7.45%                 | No            | 2                  | On Loan: No      |
| HA SUSTAINABLE INF CAP                 | HA Sustainable Infrastructure Capital Inc | CUSIP: 41068XAF7<br>LEI: 254900ZZRL7MWL1X8E92 | Long             | DBT              | CORP              | US        |   1420000 | PA      | $1408702.01   | 0.30%             | 2034-07-01      | Fixed         | 6.38%                 | No            | 2                  | On Loan: No      |
| HELMERICH & PAYNE INC                  | Helmerich & Payne Inc                     | CUSIP: 423452AN1<br>LEI: 254900NAOGHJ88RZ4C73 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1346891.28   | 0.29%             | 2034-12-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| HP INC                                 | HP Inc                                    | CUSIP: 428236BR3<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | DBT              | CORP              | US        |   1195000 | PA      | $1210669.53   | 0.26%             | 2041-09-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| HUNTINGTON BANCSHARES                  | Huntington Bancshares Inc/OH              | CUSIP: 446150AX2<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |   1640000 | PA      | $1395662.17   | 0.30%             | 2036-08-15      | Variable      | 2.49%                 | No            | 2                  | On Loan: No      |
| LEAR CORP                              | Lear Corp                                 | CUSIP: 521865AZ8<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | DBT              | CORP              | US        |   1520000 | PA      | $1339704.73   | 0.29%             | 2049-05-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| LEGG MASON INC                         | Legg Mason Inc                            | CUSIP: 524901AR6<br>LEI: OWUNCC6U1ZJXMZKFBJ36 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1084868.38   | 0.23%             | 2044-01-15      | Fixed         | 5.62%                 | No            | 2                  | On Loan: No      |
| LINCOLN NATIONAL CORP                  | Lincoln National Corp                     | CUSIP: 534187BA6<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |   1170000 | PA      | $1318040.78   | 0.28%             | 2040-06-15      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| MGIC INVESTMENT CORP                   | MGIC Investment Corp                      | CUSIP: 552848AG8<br>LEI: 254900S8483WM4M98R28 | Long             | DBT              | CORP              | US        |   1290000 | PA      | $1290520.37   | 0.28%             | 2028-08-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| MARATHON PETROLEUM CORP                | Marathon Petroleum Corp                   | CUSIP: 56585AAF9<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | DBT              | CORP              | US        |   1045000 | PA      | $1099382.14   | 0.23%             | 2041-03-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| MARKEL GROUP INC                       | Markel Group Inc                          | CUSIP: 570535AQ7<br>LEI: 549300SCNO12JLWIK605 | Long             | DBT              | CORP              | US        |   1240000 | PA      | $1104715.98   | 0.24%             | 2046-04-05      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| METLIFE INC                            | MetLife Inc                               | CUSIP: 59156RAV0<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1338426.00   | 0.29%             | 2039-08-01      | Fixed         | 10.75%                | No            | 2                  | On Loan: No      |
| MOSAIC CO                              | Mosaic Co/The                             | CUSIP: 61945CAE3<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1106775.12   | 0.24%             | 2043-11-15      | Fixed         | 5.62%                 | No            | 2                  | On Loan: No      |
| NOV INC                                | NOV Inc                                   | CUSIP: 637071AK7<br>LEI: 549300EHF3IW1AR6U008 | Long             | DBT              | CORP              | US        |   1945000 | PA      | $1474253.09   | 0.31%             | 2042-12-01      | Fixed         | 3.95%                 | No            | 2                  | On Loan: No      |
| NEXTERA ENERGY CAPITAL                 | NextEra Energy Capital Holdings Inc       | CUSIP: 65339KAV2<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   1140000 | PA      | $1102454.21   | 0.24%             | 2077-12-01      | Variable      | 4.80%                 | No            | 2                  | On Loan: No      |
| NEXTERA ENERGY CAPITAL                 | NextEra Energy Capital Holdings Inc       | CUSIP: 65339KCB4<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    230000 | PA      | $222218.46    | 0.05%             | 2082-03-15      | Variable      | 3.80%                 | No            | 2                  | On Loan: No      |
| NISOURCE INC                           | NiSource Inc                              | CUSIP: 65473PAR6<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |   1350000 | PA      | $1407090.15   | 0.30%             | 2054-11-30      | Variable      | 6.95%                 | No            | 2                  | On Loan: No      |
| OCCIDENTAL PETROLEUM COR               | Occidental Petroleum Corp                 | CUSIP: 674599DJ1<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1186139.40   | 0.25%             | 2040-03-15      | Fixed         | 6.20%                 | No            | 2                  | On Loan: No      |
| OCCIDENTAL PETROLEUM COR               | Occidental Petroleum Corp                 | CUSIP: 674599DL6<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    300000 | PA      | $301489.80    | 0.06%             | 2046-03-15      | Fixed         | 6.60%                 | No            | 2                  | On Loan: No      |
| OWENS CORNING                          | Owens Corning                             | CUSIP: 690742AG6<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |   1260000 | PA      | $1023750.63   | 0.22%             | 2047-07-15      | Fixed         | 4.30%                 | No            | 2                  | On Loan: No      |
| PACIFICORP                             | PacifiCorp                                | CUSIP: 695114DF2<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |   1320000 | PA      | $1372681.00   | 0.29%             | 2055-09-15      | Variable      | 7.38%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 912810QW1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4350000 | PA      | $3452302.72   | 0.74%             | 2042-05-15      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 912810QX9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4885000 | PA      | $3712790.81   | 0.79%             | 2042-08-15      | Fixed         | 2.75%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 912810QY7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4635000 | PA      | $3505037.71   | 0.75%             | 2042-11-15      | Fixed         | 2.75%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 912810QZ4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5135000 | PA      | $4096366.04   | 0.88%             | 2043-02-15      | Fixed         | 3.12%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 912810RB6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4410000 | PA      | $3373133.19   | 0.72%             | 2043-05-15      | Fixed         | 2.88%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 912810RC4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4655000 | PA      | $3970933.23   | 0.85%             | 2043-08-15      | Fixed         | 3.62%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 912810RD2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  12066000 | PA      | $10449815.89  | 2.23%             | 2043-11-15      | Fixed         | 3.75%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 912810RE0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4285000 | PA      | $3635889.43   | 0.78%             | 2044-02-15      | Fixed         | 3.62%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 912810RG5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4865000 | PA      | $3965925.18   | 0.85%             | 2044-05-15      | Fixed         | 3.38%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 912810RH3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4735000 | PA      | $3701068.34   | 0.79%             | 2044-08-15      | Fixed         | 3.12%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 912810RJ9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4430000 | PA      | $3381335.94   | 0.72%             | 2044-11-15      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 912810RM2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2600000 | PA      | $1972039.06   | 0.42%             | 2045-05-15      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 912810SY5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1820000 | PA      | $1319002.34   | 0.28%             | 2041-05-15      | Fixed         | 2.25%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 912810TC2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2785000 | PA      | $1910172.76   | 0.41%             | 2041-11-15      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 912810TF5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2190000 | PA      | $1585654.10   | 0.34%             | 2042-02-15      | Fixed         | 2.38%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 912810TH1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3590000 | PA      | $2952985.34   | 0.63%             | 2042-05-15      | Fixed         | 3.25%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 912810TK4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3340000 | PA      | $2786225.39   | 0.60%             | 2042-08-15      | Fixed         | 3.38%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 912810TM0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3395000 | PA      | $3075923.03   | 0.66%             | 2042-11-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 912810TQ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2610000 | PA      | $2319637.50   | 0.50%             | 2043-02-15      | Fixed         | 3.88%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 912810TS7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2945000 | PA      | $2611846.88   | 0.56%             | 2043-05-15      | Fixed         | 3.88%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 912810TU2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2515000 | PA      | $2378639.84   | 0.51%             | 2043-08-15      | Fixed         | 4.38%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 912810TZ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4385000 | PA      | $4204290.03   | 0.90%             | 2044-02-15      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 9128282R0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3750000 | PA      | $3652514.66   | 0.78%             | 2027-08-15      | Fixed         | 2.25%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 9128285M8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1495000 | PA      | $1473655.38   | 0.31%             | 2028-11-15      | Fixed         | 3.12%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 9128286B1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1815000 | PA      | $1757501.36   | 0.38%             | 2029-02-15      | Fixed         | 2.62%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 912828YU8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  16872000 | PA      | $16434052.99  | 3.51%             | 2026-11-30      | Fixed         | 1.62%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 912828ZS2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11670000 | PA      | $11052310.52  | 2.36%             | 2027-05-31      | Fixed         | 0.50%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 912828ZV5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3990000 | PA      | $3770004.49   | 0.81%             | 2027-06-30      | Fixed         | 0.50%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 91282CAD3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2980000 | PA      | $2802305.85   | 0.60%             | 2027-07-31      | Fixed         | 0.38%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 91282CAH4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    480000 | PA      | $451368.75    | 0.10%             | 2027-08-31      | Fixed         | 0.50%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 91282CDK4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5770000 | PA      | $5593857.25   | 1.19%             | 2026-11-30      | Fixed         | 1.25%                 | No            | 2                  | On Loan: No      |
| Fannie Mae or Freddie Mac              | Fannie Mae or Freddie Mac                 | CUSIP: 01F050692<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    300000 | PA      | $295910.20    | 0.06%             | 2041-09-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae or Freddie Mac              | Fannie Mae or Freddie Mac                 | CUSIP: 01F052698<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-CBDO         | CORP              | US        |   3600000 | PA      | $3621100.82   | 0.77%             | 2041-09-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Fannie Mae or Freddie Mac              | Fannie Mae or Freddie Mac                 | CUSIP: 01F060691<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |   7300000 | PA      | $7458706.53   | 1.59%             | 2041-09-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae or Freddie Mac              | Fannie Mae or Freddie Mac                 | CUSIP: 01F062697<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-CBDO         | CORP              | US        |   4315000 | PA      | $4470197.39   | 0.95%             | 2053-09-15      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| EXELON CORP                            | Exelon Corp                               | CUSIP: 30161NBQ3<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |    165000 | PA      | $170487.28    | 0.04%             | 2055-03-15      | Variable      | 6.50%                 | No            | 2                  | On Loan: No      |
| F&G ANNUITIES & LIFE INC               | F&G Annuities & Life Inc                  | CUSIP: 30190AAF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1290000 | PA      | $1345167.08   | 0.29%             | 2029-06-04      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| FANNIE MAE                             | Federal National Mortgage Association     | CUSIP: 31359MFJ7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGSE             | US        |    100000 | PA      | $113645.94    | 0.02%             | 2030-01-15      | Fixed         | 7.12%                 | No            | 2                  | On Loan: No      |
| FANNIE MAE                             | Federal National Mortgage Association     | CUSIP: 31359MFP3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGSE             | US        |    100000 | PA      | $115314.56    | 0.02%             | 2030-05-15      | Fixed         | 7.25%                 | No            | 2                  | On Loan: No      |
| FANNIE MAE                             | Federal National Mortgage Association     | CUSIP: 31359MGK3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGSE             | US        |    205000 | PA      | $232546.84    | 0.05%             | 2030-11-15      | Fixed         | 6.62%                 | No            | 2                  | On Loan: No      |
| FANNIE MAE                             | Federal National Mortgage Association     | CUSIP: 3135G05Y5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGSE             | US        |    290000 | PA      | $273287.45    | 0.06%             | 2027-10-08      | Fixed         | 0.75%                 | No            | 2                  | On Loan: No      |
| FANNIE MAE                             | Federal National Mortgage Association     | CUSIP: 3135G0Q22<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGSE             | US        |    545000 | PA      | $533557.99    | 0.11%             | 2026-09-24      | Fixed         | 1.88%                 | No            | 2                  | On Loan: No      |
| FANNIE MAE                             | Federal National Mortgage Association     | CUSIP: 31398AFD9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGSE             | US        |    270000 | PA      | $296323.49    | 0.06%             | 2037-07-15      | Fixed         | 5.62%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                             | Fannie Mae Pool                           | CUSIP: 3140MMBA5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2324339 | PA      | $2173148.04   | 0.46%             | 2052-04-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                             | Fannie Mae Pool                           | CUSIP: 31418ED80<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3181146 | PA      | $2977375.90   | 0.64%             | 2052-06-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                             | Fannie Mae Pool                           | CUSIP: 31418EES5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3052152 | PA      | $2856491.99   | 0.61%             | 2052-05-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Fannie Mae                             | Fannie Mae Pool                           | CUSIP: 31418FF36<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2871154 | PA      | $2834085.15   | 0.61%             | 2055-01-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| REINSURANCE GRP OF AMER                | Reinsurance Group of America Inc          | CUSIP: 759351AT6<br>LEI: LORM1GNEU1DKEW527V90 | Long             | DBT              | CORP              | US        |   1380000 | PA      | $1409036.58   | 0.30%             | 2055-09-15      | Variable      | 6.65%                 | No            | 2                  | On Loan: No      |
| SABRA HEALTH CARE LP                   | Sabra Health Care LP                      | CUSIP: 78574MAA1<br>LEI: 549300OVKLRFSIQG0H81 | Long             | DBT              | CORP              | US        |   1515000 | PA      | $1369940.33   | 0.29%             | 2031-12-01      | Fixed         | 3.20%                 | No            | 2                  | On Loan: No      |
| SEMPRA                                 | Sempra                                    | CUSIP: 816851BM0<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |   1415000 | PA      | $1374562.13   | 0.29%             | 2052-04-01      | Variable      | 4.12%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 912810QN1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4955000 | PA      | $4997194.90   | 1.07%             | 2041-02-15      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 912810QQ4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7515000 | PA      | $7244929.69   | 1.55%             | 2041-05-15      | Fixed         | 4.38%                 | No            | 2                  | On Loan: No      |
| US TREASURY N/B                        | United States Treasury Note/Bond          | CUSIP: 912810QT8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1015000 | PA      | $827581.83    | 0.18%             | 2041-11-15      | Fixed         | 3.12%                 | No            | 2                  | On Loan: No      |

### Signature

**Date Signed:** 2025-10-30

**Name of Applicant:** ETF Series Solutions

**Signature:** /s/ Kristen Weitzel

**Name of Signer:** ETF Series Solutions

**Title:** Treasurer