# EDGAR Filing Document

**Accession Number:** 0000865733
**File Stem:** 0001752724-23-019947
**Filing Date:** 2023-2
**Character Count:** 80169
**Document Hash:** 2430233ac67895bac577715dae0f9e4e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-019947.hdr.sgml**: 20230206

**ACCESSION NUMBER**: 0001752724-23-019947

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230206

**DATE AS OF CHANGE**: 20230206

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** HOMESTEAD FUNDS INC
- **CENTRAL INDEX KEY:** 0000865733
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06136
- **FILM NUMBER:** 23589740

**BUSINESS ADDRESS:**
- **STREET 1:** 4301 WILSON BLVD
- **STREET 2:** C/O NATIONAL RURAL ELEC COOPERATIVE ASSO
- **CITY:** ARLINGTON
- **STATE:** VA
- **ZIP:** 22203
- **BUSINESS PHONE:** 8002583030

**MAIL ADDRESS:**
- **STREET 1:** 4301 WILSON BLVD
- **CITY:** ARLINGTON
- **STATE:** VA
- **ZIP:** 22203

## Series and Classes Contracts Data

### Short-Term Bond Fund (Series ID: S000010526)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000029059 | Short-Term Bond Fund | HOSBX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** HOMESTEAD FUNDS INC

- **b. Investment Company Act file number:** 811-06136

- **c. CIK number of Registrant:** 0000865733

- **d. LEI of Registrant:** 54930064OKHCLZTUHW53

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

  - **Street Address 1:** 4301 WILSON BLVD

  - **City:** ARLINGTON

  - **State:** VA

  - **Foreign country:** US

  - **Zip / Postal Code:** 22203

  - **Telephone number:** 800-258-3030

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

- **a. Name of Series:** Short-Term Bond Fund

- **b. EDGAR series identifier (if any):** S000010526

- **c. LEI of Series:** 549300485WBA2HHLRF03

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**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:** $481390966.60

**Total Liabilities:** $1765419.41

**Net Assets:** $479625547.19

**Cash Not Reported:** $2.09

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -596.36000000 | **1-Year:** -19923.43000000 | **5-Year:** -27766.43000000 | **10-Year:** -352.12000000 | **30-Year:** 0.00000000

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

- **3-Month:** -224.40000000 | **1-Year:** -3974.93000000 | **5-Year:** -3031.70000000 | **10-Year:** -448.53000000 | **30-Year:** -0.07000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000029059 | -0.20%               | 1.27%                | 0.02%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1273305.06             | $-1091543.64                               |
| Month 2  | $-213181.46              | $5896941.38                                |
| Month 3  | $465771.70               | $-1510040.32                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| BURLINGTN NO SF 05-3 TR                        | Burlington Northern and Santa Fe Railway Co 2005-3 Pass Through Trust           | CUSIP: 05566SAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      1642 | PA      | $1641.23      | 0.00%             | 2023-01-15      | Fixed         | 4.83%                 | No            |                  2 | On Loan: No      |
| FIDUS INVESTMENT CORP                          | Fidus Investment Corp                                                           | CUSIP: 316500AC1<br>LEI: 549300836CRWCROFBC02 | Long             | DBT              | CORP              | US        |    693000 | PA      | $567735.02    | 0.12%             | 2026-11-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                            | Petroleos Mexicanos                                                             | CUSIP: 71654QBY7<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | USGSE             | MX        |    131700 | PA      | $125768.66    | 0.03%             | 2025-12-15      | Fixed         | 2.46%                 | No            |                  2 | On Loan: No      |
| GA GLOBAL FUNDING TRUST                        | GA Global Funding Trust                                                         | CUSIP: 36143L2J3<br>LEI: 54930029I8ROQ4OROZ88 | Long             | DBT              | CORP              | US        |   1715000 | PA      | $1641387.98   | 0.34%             | 2025-04-11      | Fixed         | 3.85%                 | Yes           |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                       | Celanese US Holdings LLC                                                        | CUSIP: 15089QAL8<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |   5321000 | PA      | $5300297.90   | 1.11%             | 2025-03-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| INT DEVELOPMENT FIN CORP                       | United States International Development Finance Corp                            | CUSIP: 90376PCA7<br>LEI: 254900QI8QTIK0FY6E92 | Long             | DBT              | USGA              | US        |   1230000 | PA      | $1130782.05   | 0.24%             | 2025-04-23      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                          | Wells Fargo & Co                                                                | CUSIP: 95000U2V4<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    915000 | PA      | $847290.90    | 0.18%             | 2028-03-24      | Fixed         | 3.53%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA                         | Santander Holdings USA Inc                                                      | CUSIP: 80282KBC9<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $857982.58    | 0.18%             | 2028-01-06      | Fixed         | 2.49%                 | No            |                  2 | On Loan: No      |
| Flagship Credit Auto Trust                     | Flagship Credit Auto Trust 2021-3                                               | CUSIP: 33846QAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1668882 | PA      | $1616107.13   | 0.34%             | 2027-07-15      | Fixed         | 0.36%                 | Yes           |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                           | Bank of America Corp                                                            | CUSIP: 06051GLC1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    565000 | PA      | $583346.51    | 0.12%             | 2028-11-10      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| SBA TOWER TRUST                                | SBA Tower Trust                                                                 | CUSIP: 78403DAZ3<br>LEI: N/A                  | Long             | DBT              |  | US        |    775000 | PA      | $773106.44    | 0.16%             | 2028-01-15      | Fixed         | 6.60%                 | Yes           |                  2 | On Loan: No      |
| CPS Auto Trust                                 | CPS Auto Receivables Trust 2021-B                                               | CUSIP: 12656QAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    516598 | PA      | $513079.02    | 0.11%             | 2025-12-15      | Fixed         | 0.81%                 | Yes           |                  2 | On Loan: No      |
| GE HEALTHCARE TECH INC                         | GE HealthCare Technologies Inc                                                  | CUSIP: 36267VAA1<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |    915000 | PA      | $918294.24    | 0.19%             | 2024-11-15      | Fixed         | 5.55%                 | Yes           |                  2 | On Loan: No      |
| US AIRWAYS 2013-1A PTT                         | US Airways 2013-1 Class A Pass Through Trust                                    | CUSIP: 90346WAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2662986 | PA      | $2418809.18   | 0.50%             | 2025-11-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| SAUDI ARABIAN OIL CO                           | Saudi Arabian Oil Co                                                            | CUSIP: 80414L2H7<br>LEI: 5586006WD91QHB7J4X50 | Long             | DBT              | CORP              | SA        |    500000 | PA      | $455407.00    | 0.09%             | 2025-11-24      | Fixed         | 1.63%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association       | Ginnie Mae I Pool                                                               | CUSIP: 3617XUP66<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2563798 | PA      | $2439014.62   | 0.51%             | 2052-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TRANSCANADA PIPELINES                          | TransCanada PipeLines Ltd                                                       | CUSIP: 89352LAC4<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |   6043000 | PA      | $6182099.16   | 1.29%             | 2025-10-14      | Fixed         | 7.06%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                         | Pacific Gas and Electric Co                                                     | CUSIP: 694308HG5<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3427633.41   | 0.71%             | 2024-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Oasis Securitisation                           | Oasis Securitization Funding LLC                                                | CUSIP: 67422AAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    212684 | PA      | $209576.12    | 0.04%             | 2033-02-15      | Fixed         | 2.58%                 | Yes           |                  2 | On Loan: No      |
| Petroleos Mexicanos                            | Petroleos Mexicanos                                                             | CUSIP: 71654QBS0<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |   5862500 | PA      | $5844229.52   | 1.22%             | 2025-04-15      | Floating      | 4.43%                 | No            |                  2 | On Loan: No      |
| United Auto Credit Securitization Trust        | United Auto Credit Securitization Trust 2022-1                                  | CUSIP: 90944DAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    203170 | PA      | $202336.73    | 0.04%             | 2024-07-10      | Fixed         | 1.11%                 | Yes           |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                        | Goldman Sachs Group Inc/The                                                     | CUSIP: 38141GZR8<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    572000 | PA      | $532796.03    | 0.11%             | 2028-03-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                   | Barclays PLC                                                                    | CUSIP: 06738ECC7<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   1410000 | PA      | $1460471.19   | 0.30%             | 2026-11-02      | Fixed         | 7.33%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                            | Southern California Edison Co                                                   | CUSIP: 842400HB2<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |   1850000 | PA      | $1757062.33   | 0.37%             | 2024-04-01      | Fixed         | 1.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                     | Fannie Mae Pool                                                                 | CUSIP: 31406MEP7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1751 | PA      | $1765.55      | 0.00%             | 2035-01-01      | Floating      | 3.45%                 | No            |                  2 | On Loan: No      |
| AMER AIRLN 15-2 AA PTT                         | American Airlines 2015-2 Class AA Pass Through Trust                            | CUSIP: 02377BAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2076283 | PA      | $1862366.15   | 0.39%             | 2027-09-22      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| LAD Auto Receivables Trust                     | LAD Auto Receivables Trust 2021-1                                               | CUSIP: 501683AA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    739953 | PA      | $719089.05    | 0.15%             | 2026-08-17      | Fixed         | 1.30%                 | Yes           |                  2 | On Loan: No      |
| BNSF RAILWAY CO 2015-1 P                       | BNSF Railway Co 2015-1 Pass Through Trust                                       | CUSIP: 05581JAA2<br>LEI: 5493000C01ZX7D35SD85 | Long             | DBT              | CORP              | US        |    788973 | PA      | $739686.21    | 0.15%             | 2028-06-16      | Fixed         | 3.44%                 | Yes           |                  2 | On Loan: No      |
| F&G GLOBAL FUNDING                             | F&G Global Funding                                                              | CUSIP: 30321L2A9<br>LEI: 6354009CCUKJIZ7KFX73 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2225913.63   | 0.46%             | 2026-06-30      | Fixed         | 1.75%                 | Yes           |                  2 | On Loan: No      |
| Oportun Funding LLC                            | Oportun Issuance Trust 2021-B                                                   | CUSIP: 68377GAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2225000 | PA      | $1943372.41   | 0.41%             | 2031-05-08      | Fixed         | 1.47%                 | Yes           |                  2 | On Loan: No      |
| GE HEALTHCARE TECH INC                         | GE HealthCare Technologies Inc                                                  | CUSIP: 36267VAE3<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |    975000 | PA      | $986407.98    | 0.21%             | 2027-11-15      | Fixed         | 5.65%                 | Yes           |                  2 | On Loan: No      |
| ENTERGY NEW ORLEANS STORM RECOVERY FUNDING LLC | Entergy New Orleans Storm Recovery Funding I LLC                                | CUSIP: 29277VAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    190115 | PA      | $183776.10    | 0.04%             | 2027-06-01      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| FIDUS INVESTMENT CORP                          | Fidus Investment Corp                                                           | CUSIP: 316500AB3<br>LEI: 549300836CRWCROFBC02 | Long             | DBT              | CORP              | US        |    304000 | PA      | $276264.38    | 0.06%             | 2026-01-31      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SEALED AIR CORP                                | Sealed Air Corp                                                                 | CUSIP: 81211KAZ3<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |   2200000 | PA      | $1899701.03   | 0.40%             | 2026-10-15      | Fixed         | 1.57%                 | No            |                  2 | On Loan: No      |
| SPRINT SPECTRUM / SPEC I                       | Sprint Spectrum Co LLC / Sprint Spectrum Co II LLC / Sprint Spectrum Co III LLC | CUSIP: 85208NAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1125000 | PA      | $1111736.88   | 0.23%             | 2025-03-20      | Fixed         | 4.74%                 | Yes           |                  2 | On Loan: No      |
| FRTKL                                          | FRTKL 2021-SFR1                                                                 | CUSIP: 30322DAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    970000 | PA      | $828768.19    | 0.17%             | 2038-09-17      | Fixed         | 1.57%                 | Yes           |                  2 | On Loan: No      |
| United States Treasury                         | United States Treasury Note/Bond                                                | CUSIP: 91282CFN6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  64290000 | PA      | $63961015.85  | 13.34%            | 2024-09-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Marlette Funding Trust                         | Marlette Funding Trust 2022-2                                                   | CUSIP: 57107LAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    815606 | PA      | $804736.96    | 0.17%             | 2032-08-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Reliance Industries Ltd                        | Reliance Industries Ltd                                                         | CUSIP: 759470AV9<br>LEI: 5493003UOETFYRONLG31 | Long             | DBT              | CORP              | IN        |   1109316 | PA      | $1055407.64   | 0.22%             | 2026-01-15      | Fixed         | 1.87%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES/SKYMILES                       | Delta Air Lines Inc / SkyMiles IP Ltd                                           | CUSIP: 830867AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    780000 | PA      | $760953.80    | 0.16%             | 2025-10-20      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Metropolitan Edison Co                         | Metropolitan Edison Co                                                          | CUSIP: 591894CB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4250000 | PA      | $4066620.92   | 0.85%             | 2025-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                            | JPMorgan Chase & Co                                                             | CUSIP: 46647PBK1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   2055000 | PA      | $1907648.79   | 0.40%             | 2026-04-22      | Fixed         | 2.08%                 | No            |                  2 | On Loan: No      |
| Oasis Securitisation                           | Libra Solutions 2022-2 LLC                                                      | CUSIP: 53161MAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2216595 | PA      | $2204822.19   | 0.46%             | 2034-10-15      | Fixed         | 6.85%                 | Yes           |                  2 | On Loan: No      |
| SCE RECOVERY FUNDING LLC                       | SCE Recovery Funding LLC                                                        | CUSIP: 78433LAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1633023 | PA      | $1356722.05   | 0.28%             | 2031-11-15      | Fixed         | 0.86%                 | No            |                  2 | On Loan: No      |
| Upstart Securitization Trust                   | Upstart Securitization Trust 2021-1                                             | CUSIP: 91681NAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     32900 | PA      | $32798.06     | 0.01%             | 2031-03-20      | Fixed         | 0.87%                 | Yes           |                  2 | On Loan: No      |
| Oportun Funding LLC                            | Oportun Funding XIV LLC                                                         | CUSIP: 68377BAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1070000 | PA      | $996360.67    | 0.21%             | 2028-03-08      | Fixed         | 1.21%                 | Yes           |                  2 | On Loan: No      |
| Firstkey Homes Trust                           | FirstKey Homes 2022-SFR2 Trust                                                  | CUSIP: 33767PAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    969517 | PA      | $915434.49    | 0.19%             | 2039-07-17      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| CITIGROUP INC                                  | Citigroup Inc                                                                   | CUSIP: 172967AQ4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2086530.36   | 0.44%             | 2025-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CNO GLOBAL FUNDING                             | CNO Global Funding                                                              | CUSIP: 18977W2B5<br>LEI: 6354008GTNR4833ULD48 | Long             | DBT              | CORP              | US        |   1125000 | PA      | $1042189.32   | 0.22%             | 2025-01-06      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| American Credit Acceptance Receivables Trust   | American Credit Acceptance Receivables Trust 2022-1                             | CUSIP: 02530WAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    469827 | PA      | $466500.04    | 0.10%             | 2025-12-15      | Fixed         | 0.99%                 | Yes           |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                        | Goldman Sachs Group Inc/The                                                     | CUSIP: 38141GZV9<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   1070000 | PA      | $1082734.99   | 0.23%             | 2024-11-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| 7-ELEVEN INC                                   | 7-Eleven Inc                                                                    | CUSIP: 817826AB6<br>LEI: 549300K23JPL0SS3LB18 | Long             | DBT              | CORP              | US        |   1090000 | PA      | $1037266.28   | 0.22%             | 2024-02-10      | Fixed         | 0.80%                 | Yes           |                  2 | On Loan: No      |
| TRITON CONTAINER                               | Triton Container International Ltd                                              | CUSIP: 89680YAB1<br>LEI: 549300O4LZFLCX53XZ54 | Long             | DBT              | CORP              | BM        |   2110000 | PA      | $1951364.63   | 0.41%             | 2024-06-07      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                          | Wells Fargo & Co                                                                | CUSIP: 95000U3A9<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   2140000 | PA      | $2090130.06   | 0.44%             | 2028-07-25      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| Salomon Brothers Mortgage Securities VII       | Citigroup Global Markets Mortgage Securities VII Inc                            | CUSIP: 79548KXY9<br>LEI: 549300VB2N1G56GWKB41 | Long             | ABS-MBS          | CORP              | US        |         1 | PA      | $1.07         | 0.00%             | 2027-12-25      | Fixed         | 6.82%                 | No            |                  2 | On Loan: No      |
| Longtrain Leasing III LLC                      | Longtrain Leasing III LLC 2015-1                                                | CUSIP: 543190AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    265577 | PA      | $255951.61    | 0.05%             | 2045-01-15      | Fixed         | 2.98%                 | Yes           |                  2 | On Loan: No      |
| GA GLOBAL FUNDING TRUST                        | GA Global Funding Trust                                                         | CUSIP: 36143L2C8<br>LEI: 54930029I8ROQ4OROZ88 | Long             | DBT              | CORP              | US        |    920000 | PA      | $840653.94    | 0.18%             | 2024-09-13      | Fixed         | 0.80%                 | Yes           |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                           | Bank of America Corp                                                            | CUSIP: 06051GKW8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1955000 | PA      | $1909371.69   | 0.40%             | 2028-07-22      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HLDGS                       | Santander UK Group Holdings PLC                                                 | CUSIP: 80281LAS4<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |    460000 | PA      | $465943.74    | 0.10%             | 2026-11-21      | Fixed         | 6.83%                 | No            |                  2 | On Loan: No      |
| AMERISOURCEBERGEN CORP                         | AmerisourceBergen Corp                                                          | CUSIP: 03073EAS4<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | DBT              | CORP              | US        |   2213000 | PA      | $2194354.88   | 0.46%             | 2023-03-15      | Fixed         | 0.74%                 | No            |                  2 | On Loan: No      |
| United States Treasury                         | United States Treasury Note/Bond                                                | CUSIP: 91282CFX4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1030000 | PA      | $1030040.23   | 0.21%             | 2024-11-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                           | Bank of America Corp                                                            | CUSIP: 06051GHW2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   2200000 | PA      | $2078685.60   | 0.43%             | 2025-10-22      | Fixed         | 2.46%                 | No            |                  2 | On Loan: No      |
| Santa Rosa Leasing LLC                         | Santa Rosa Leasing LLC                                                          | CUSIP: 802722AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    389458 | PA      | $379390.78    | 0.08%             | 2024-08-15      | Fixed         | 1.69%                 | No            |                  2 | On Loan: No      |
| OWL ROCK TECHNOLOGY FINA                       | Owl Rock Technology Finance Corp                                                | CUSIP: 691205AG3<br>LEI: 254900G5EZJSOD3UKL16 | Long             | DBT              | CORP              | US        |   1415000 | PA      | $1153492.80   | 0.24%             | 2027-01-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PenFed Auto Receivables Owner Trust            | PenFed Auto Receivables Owner Trust 2022-A                                      | CUSIP: 706874AB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2780000 | PA      | $2759710.17   | 0.58%             | 2024-12-16      | Fixed         | 3.83%                 | Yes           |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD                       | Avolon Holdings Funding Ltd                                                     | CUSIP: 05401AAP6<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |   1930000 | PA      | $1549276.04   | 0.32%             | 2028-02-21      | Fixed         | 2.75%                 | Yes           |                  2 | On Loan: No      |
| Progress Residential Trust                     | Progress Residential 2021-SFR8 Trust                                            | CUSIP: 74333TAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1318851 | PA      | $1123600.16   | 0.23%             | 2038-10-17      | Fixed         | 1.51%                 | Yes           |                  2 | On Loan: No      |
| PIONEER NATURAL RESOURCE                       | Pioneer Natural Resources Co                                                    | CUSIP: 723787AT4<br>LEI: FY8JBF7CCL2VE4F1B628 | Long             | DBT              | CORP              | US        |   1023000 | PA      | $911806.97    | 0.19%             | 2026-01-15      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| Credit Acceptance Auto Loan Trust              | Credit Acceptance Auto Loan Trust 2020-2                                        | CUSIP: 22535MAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    404691 | PA      | $400649.16    | 0.08%             | 2029-07-16      | Fixed         | 1.37%                 | Yes           |                  2 | On Loan: No      |
| PHILLIPS 66                                    | Phillips 66                                                                     | CUSIP: 718546AZ7<br>LEI: 5493005JBO5YSIGK1814 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1343790.17   | 0.28%             | 2026-02-15      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                           | Bank of America Corp                                                            | CUSIP: 06051GJK6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    920000 | PA      | $817907.60    | 0.17%             | 2026-10-24      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| LENOVO GROUP LTD                               | Lenovo Group Ltd                                                                | CUSIP: 526250AD7<br>LEI: 254900VUZRGD5U73RE46 | Long             | DBT              | CORP              | HK        |   2770000 | PA      | $2674032.08   | 0.56%             | 2028-01-27      | Fixed         | 5.83%                 | Yes           |                  2 | On Loan: No      |
| 7-ELEVEN INC                                   | 7-Eleven Inc                                                                    | CUSIP: 817826AC4<br>LEI: 549300K23JPL0SS3LB18 | Long             | DBT              | CORP              | US        |    800000 | PA      | $700635.29    | 0.15%             | 2026-02-10      | Fixed         | 0.95%                 | Yes           |                  2 | On Loan: No      |
| Foursight Capital Automobile Receivables Trust | Foursight Capital Automobile Receivables Trust 2022-1                           | CUSIP: 35105JAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    345943 | PA      | $339776.23    | 0.07%             | 2025-09-15      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| 7-ELEVEN INC                                   | 7-Eleven Inc                                                                    | CUSIP: 817826AA8<br>LEI: 549300K23JPL0SS3LB18 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $994874.22    | 0.21%             | 2023-02-10      | Fixed         | 0.63%                 | Yes           |                  2 | On Loan: No      |
| TENCENT MUSIC ENT GRP                          | Tencent Music Entertainment Group                                               | CUSIP: 88034PAA7<br>LEI: 213800XTZK2GOHQTYK41 | Long             | DBT              | CORP              | KY        |   1260000 | PA      | $1120275.65   | 0.23%             | 2025-09-03      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| MIDWEST CONNECTOR CAPIT                        | Midwest Connector Capital Co LLC                                                | CUSIP: 59833CAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3270000 | PA      | $3166138.03   | 0.66%             | 2024-04-01      | Fixed         | 3.90%                 | Yes           |                  2 | On Loan: No      |
| ANTARES HOLDINGS                               | Antares Holdings LP                                                             | CUSIP: 03666HAC5<br>LEI: 5493008EAIGV4283RM42 | Long             | DBT              | CORP              | US        |    335000 | PA      | $289723.31    | 0.06%             | 2026-07-15      | Fixed         | 3.95%                 | Yes           |                  2 | On Loan: No      |
| Avant Loans Funding Trust                      | Avant Loans Funding Trust 2022-REV1                                             | CUSIP: 05356GAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3300000 | PA      | $3221947.74   | 0.67%             | 2031-09-15      | Fixed         | 6.54%                 | Yes           |                  2 | On Loan: No      |
| Upstart Securitization Trust                   | Upstart Securitization Trust 2021-3                                             | CUSIP: 91679LAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    285462 | PA      | $279562.52    | 0.06%             | 2031-07-20      | Fixed         | 0.83%                 | Yes           |                  2 | On Loan: No      |
| SBA Tower Trust                                | SBA Tower Trust                                                                 | CUSIP: 78403DAN0<br>LEI: N/A                  | Long             | ABS-O            |  | US        |   4765000 | PA      | $4491093.51   | 0.94%             | 2025-01-15      | Fixed         | 2.84%                 | Yes           |                  2 | On Loan: No      |
| INT DEVELOPMENT FIN CORP                       | United States International Development Finance Corp                            | CUSIP: 6903536P7<br>LEI: 254900QI8QTIK0FY6E92 | Long             | DBT              | USGA              | US        |    679541 | PA      | $622305.71    | 0.13%             | 2029-10-15      | Fixed         | 2.36%                 | No            |                  2 | On Loan: No      |
| JBS USA/FOOD/FINANCE                           | JBS USA LUX SA / JBS USA Food Co / JBS USA Finance Inc                          | CUSIP: 46590XAR7<br>LEI: P77IMDGVZE8EFBTF2M92 | Long             | DBT              | CORP              | XX        |   3364000 | PA      | $2942558.08   | 0.61%             | 2027-01-15      | Fixed         | 2.50%                 | Yes           |                  2 | On Loan: No      |
| United States Treasury                         | United States Treasury Note/Bond                                                | CUSIP: 91282CFP1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  52892000 | PA      | $52850678.13  | 11.02%            | 2025-10-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CoreVest American Finance Ltd                  | Corevest American Finance 2020-4 Trust                                          | CUSIP: 21873AAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    779927 | PA      | $688453.53    | 0.14%             | 2052-12-15      | Fixed         | 1.17%                 | Yes           |                  2 | On Loan: No      |
| Oasis Securitisation                           | Libra Solutions 2022-1 LLC                                                      | CUSIP: 53161NAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    587416 | PA      | $576260.02    | 0.12%             | 2034-05-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| CoreVest American Finance Trust                | CoreVest American Finance 2021-3 Trust                                          | CUSIP: 21873NAG4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2480000 | PA      | $2127049.38   | 0.44%             | 2054-10-15      | Fixed         | 2.49%                 | Yes           |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                             | Energy Transfer LP                                                              | CUSIP: 29278NAP8<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   2900000 | PA      | $2731060.01   | 0.57%             | 2025-05-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                      | Boeing Co/The                                                                   | CUSIP: 097023DG7<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   1900000 | PA      | $1726269.00   | 0.36%             | 2026-02-04      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                       | Celanese US Holdings LLC                                                        | CUSIP: 15089QAM6<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |   1330000 | PA      | $1311813.86   | 0.27%             | 2027-07-15      | Fixed         | 6.17%                 | No            |                  2 | On Loan: No      |
| United States Treasury                         | United States Treasury Note/Bond                                                | CUSIP: 91282CAB7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  86090000 | PA      | $77686136.11  | 16.20%            | 2025-07-31      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| PLUTO AIRCRAFT LEASING                         | Pluto Aircraft Leasing LLC                                                      | CUSIP: 72941XAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     28302 | PA      | $28294.16     | 0.01%             | 2023-02-07      | Floating      | 4.74%                 | No            |                  2 | On Loan: No      |
| MSN 41079 and 41084 Ltd                        | MSN 41079 and 41084 Ltd                                                         | CUSIP: 553737AB3<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    474121 | PA      | $457310.74    | 0.10%             | 2024-12-14      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                         | Philip Morris International Inc                                                 | CUSIP: 718172CV9<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    805000 | PA      | $810879.25    | 0.17%             | 2027-11-17      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE                         | VICI Properties LP / VICI Note Co Inc                                           | CUSIP: 92564RAC9<br>LEI: N/A                  | Long             | DBT              |  | US        |   1600000 | PA      | $1508528.00   | 0.31%             | 2025-02-15      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| Bank of Montreal                               | Bank of Montreal                                                                | CUSIP: 06368BQ68<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |   1300000 | PA      | $1273840.44   | 0.27%             | 2028-10-05      | Fixed         | 4.34%                 | No            |                  2 | On Loan: No      |
| MSN 41079 and 41084 Ltd                        | MSN 41079 and 41084 Ltd                                                         | CUSIP: 553737AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    378676 | PA      | $366895.50    | 0.08%             | 2024-07-13      | Fixed         | 1.72%                 | No            |                  2 | On Loan: No      |
| Avant Credit Card Master Trust                 | Avant Credit Card Master Trust                                                  | CUSIP: 05351KAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2500000 | PA      | $2287186.00   | 0.48%             | 2027-04-15      | Fixed         | 1.37%                 | Yes           |                  2 | On Loan: No      |
| Oasis Securitisation                           | Oasis Securitization Funding LLC                                                | CUSIP: 67422CAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1131877 | PA      | $1103803.30   | 0.23%             | 2033-10-15      | Fixed         | 2.14%                 | Yes           |                  2 | On Loan: No      |
| SBA TOWER TRUST                                | SBA Tower Trust                                                                 | CUSIP: 78403DAP5<br>LEI: N/A                  | Long             | ABS-O            |  | US        |   1450000 | PA      | $1275243.54   | 0.27%             | 2026-01-15      | Fixed         | 1.88%                 | Yes           |                  2 | On Loan: No      |
| City of Grey Forest TX                         | GREY FOREST TX GAS SYS REVENUE                                                  | CUSIP: 397878BK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $738663.84    | 0.15%             | 2025-02-01      | Fixed         | 1.05%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                          | Wells Fargo & Co                                                                | CUSIP: 95000U2N2<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   2120000 | PA      | $1972994.64   | 0.41%             | 2026-04-30      | Fixed         | 2.19%                 | No            |                  2 | On Loan: No      |
| NP SPE LP                                      | NP SPE II LLC                                                                   | CUSIP: 62946AAC8<br>LEI: 549300M4DFCB4G0UM882 | Long             | ABS-O            | CORP              | US        |    286872 | PA      | $269886.68    | 0.06%             | 2047-10-21      | Fixed         | 3.37%                 | Yes           |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                            | JPMorgan Chase & Co                                                             | CUSIP: 46647PDG8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    890000 | PA      | $867557.21    | 0.18%             | 2028-07-25      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| CoreVest American Finance Ltd                  | CoreVest American Finance 2021-2 Trust                                          | CUSIP: 21873BAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    761596 | PA      | $648248.51    | 0.14%             | 2054-07-15      | Fixed         | 1.41%                 | Yes           |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE                        | Nissan Motor Acceptance Co LLC                                                  | CUSIP: 65480CAC9<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1669676.48   | 0.35%             | 2026-09-16      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCKS FINAN NA                        | Daimler Trucks Finance North America LLC                                        | CUSIP: 233853AD2<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1392058.17   | 0.29%             | 2024-12-13      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| AMER AIRLINE 21-1B PTT                         | American Airlines 2021-1 Class B Pass Through Trust                             | CUSIP: 02376LAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $793437.80    | 0.17%             | 2030-07-11      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                           | Bank of America Corp                                                            | CUSIP: 06051GLA5<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   2770000 | PA      | $2737632.16   | 0.57%             | 2026-07-22      | Fixed         | 4.83%                 | No            |                  2 | On Loan: No      |
| OSCAR US Funding Trust                         | Oscar US Funding XII LLC                                                        | CUSIP: 68785AAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | JP        |     65700 | PA      | $65550.19     | 0.01%             | 2024-03-11      | Fixed         | 0.40%                 | Yes           |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP AMERICA                       | Volkswagen Group of America Finance LLC                                         | CUSIP: 928668BL5<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |   3025000 | PA      | $2696642.60   | 0.56%             | 2025-11-24      | Fixed         | 1.25%                 | Yes           |                  2 | On Loan: No      |
| NISSAN MOTOR CO                                | Nissan Motor Co Ltd                                                             | CUSIP: 654744AB7<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |   2500000 | PA      | $2322247.80   | 0.48%             | 2025-09-17      | Fixed         | 3.52%                 | Yes           |                  2 | On Loan: No      |
| MACQUARIE GROUP LTD                            | Macquarie Group Ltd                                                             | CUSIP: 55608JAR9<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | DBT              | CORP              | AU        |   2500000 | PA      | $2178884.58   | 0.45%             | 2027-01-12      | Fixed         | 1.34%                 | Yes           |                  2 | On Loan: No      |
| THIRAX 1 LLC                                   | Thirax 1 LLC                                                                    | CUSIP: 88410XAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2070967 | PA      | $1703294.86   | 0.36%             | 2033-01-14      | Fixed         | 0.97%                 | No            |                  2 | On Loan: No      |
| NUTRIEN LTD                                    | Nutrien Ltd                                                                     | CUSIP: 67077MAY4<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |    685000 | PA      | $698928.09    | 0.15%             | 2025-11-07      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| SYNGENTA FINANCE NV                            | Syngenta Finance NV                                                             | CUSIP: 87164KAH7<br>LEI: 54930042S3BYCEGOCN86 | Long             | DBT              | CORP              | NL        |    400000 | PA      | $398207.69    | 0.08%             | 2023-04-24      | Fixed         | 4.44%                 | Yes           |                  2 | On Loan: No      |
| State Street Global Advisors                   | State Street Institutional US Government Money Market Fund                      | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |   5860480 | NS      | $5860480.28   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| DELTA AIR LINES INC                            | Delta Air Lines Inc                                                             | CUSIP: 247361ZX9<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |    965000 | PA      | $986172.80    | 0.21%             | 2025-05-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                           | Bank of America Corp                                                            | CUSIP: 06051GJD2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $1891039.58   | 0.39%             | 2026-06-19      | Fixed         | 1.32%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                         | Philip Morris International Inc                                                 | CUSIP: 718172CT4<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1151520.09   | 0.24%             | 2024-11-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                            | JPMorgan Chase & Co                                                             | CUSIP: 46647PBF2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   2130000 | PA      | $2007210.65   | 0.42%             | 2025-10-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Credit Acceptance Auto Loan Trust              | Credit Acceptance Auto Loan Trust 2021-2                                        | CUSIP: 22537CAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1755000 | PA      | $1687775.08   | 0.35%             | 2030-02-15      | Fixed         | 0.96%                 | Yes           |                  2 | On Loan: No      |
| DAIMLER TRUCKS FINAN NA                        | Daimler Trucks Finance North America LLC                                        | CUSIP: 233853AL4<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |   1255000 | PA      | $1203890.02   | 0.25%             | 2025-04-07      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| SBA TOWER TRUST                                | SBA Tower Trust                                                                 | CUSIP: 78403DAT7<br>LEI: N/A                  | Long             | ABS-O            |  | US        |    195000 | PA      | $165609.25    | 0.03%             | 2026-11-15      | Fixed         | 1.63%                 | Yes           |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                         | Philip Morris International Inc                                                 | CUSIP: 718172CU1<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    460000 | PA      | $462066.71    | 0.10%             | 2025-11-17      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Credit Acceptance Auto Loan Trust              | Credit Acceptance Auto Loan Trust 2020-3                                        | CUSIP: 22536BAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2037497 | PA      | $1995432.57   | 0.42%             | 2029-10-15      | Fixed         | 1.24%                 | Yes           |                  2 | On Loan: No      |
| Avid Automobile Receivables Trust              | Avid Automobile Receivables Trust 2021-1                                        | CUSIP: 05369LAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     66901 | PA      | $66695.06     | 0.01%             | 2025-01-15      | Fixed         | 0.61%                 | Yes           |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                            | JPMorgan Chase & Co                                                             | CUSIP: 46647PCZ7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    700000 | PA      | $679645.40    | 0.14%             | 2026-04-26      | Fixed         | 4.08%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                 | Morgan Stanley                                                                  | CUSIP: 6174468Q5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    425000 | PA      | $394937.75    | 0.08%             | 2026-04-28      | Fixed         | 2.19%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                            | JPMorgan Chase & Co                                                             | CUSIP: 46647PBW5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    910000 | PA      | $791580.34    | 0.17%             | 2027-02-04      | Fixed         | 1.04%                 | No            |                  2 | On Loan: No      |
| Westgate Resorts                               | Westgate Resorts 2020-1 LLC                                                     | CUSIP: 96034LAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    589677 | PA      | $575700.62    | 0.12%             | 2034-03-20      | Fixed         | 3.96%                 | No            |                  2 | On Loan: No      |
| First Investors Auto Owner Trust               | First Investors Auto Owner Trust 2021-2                                         | CUSIP: 32057JAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    923755 | PA      | $893269.24    | 0.19%             | 2027-03-15      | Fixed         | 0.48%                 | Yes           |                  2 | On Loan: No      |
| American Credit Acceptance Receivables Trust   | American Credit Acceptance Receivables Trust 2021-4                             | CUSIP: 02530TAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1081000 | PA      | $1068992.25   | 0.22%             | 2026-02-13      | Fixed         | 0.86%                 | Yes           |                  2 | On Loan: No      |
| County of Suffolk NY                           | SUFFOLK CNTY NY                                                                 | CUSIP: 86476PD88<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $344417.64    | 0.07%             | 2023-06-15      | Fixed         | 1.05%                 | No            |                  2 | On Loan: No      |
| CoreVest American Finance Ltd                  | Corevest American Finance 2021-1 Trust                                          | CUSIP: 21873LAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1181976 | PA      | $1026936.94   | 0.21%             | 2053-04-15      | Fixed         | 1.57%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley                                 | Morgan Stanley                                                                  | CUSIP: 61744YAQ1<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   1020000 | PA      | $1014486.02   | 0.21%             | 2024-04-24      | Fixed         | 3.74%                 | No            |                  2 | On Loan: No      |
| Upstart Securitization Trust                   | Upstart Securitization Trust 2021-4                                             | CUSIP: 91682NAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    589049 | PA      | $570212.40    | 0.12%             | 2031-09-20      | Fixed         | 0.84%                 | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY                                 | Morgan Stanley                                                                  | CUSIP: 61747YEC5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    865000 | PA      | $750636.61    | 0.16%             | 2027-07-20      | Fixed         | 1.51%                 | No            |                  2 | On Loan: No      |
| CNH Equipment Trust                            | CNH Equipment Trust 2022-A                                                      | CUSIP: 12660DAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    371434 | PA      | $366040.91    | 0.08%             | 2025-08-15      | Fixed         | 2.39%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association       | Government National Mortgage Association                                        | CUSIP: 38382MYF0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2052683 | PA      | $1603567.74   | 0.33%             | 2050-01-20      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Entergy Louisiana LLC                          | Entergy Louisiana LLC                                                           | CUSIP: 29364WAU2<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |   1445000 | PA      | $1387789.60   | 0.29%             | 2025-04-01      | Fixed         | 3.78%                 | No            |                  2 | On Loan: No      |
| Westgate Resorts                               | Westgate Resorts 2022-1 LLC                                                     | CUSIP: 96034JAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1050639 | PA      | $988165.36    | 0.21%             | 2036-08-20      | Fixed         | 2.29%                 | Yes           |                  2 | On Loan: No      |
| GLS Auto Receivables Trust                     | GLS Auto Receivables Issuer Trust 2021-3                                        | CUSIP: 36263LAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    269251 | PA      | $267854.92    | 0.06%             | 2025-01-15      | Fixed         | 0.42%                 | Yes           |                  2 | On Loan: No      |
| DELTA AIR LINES/SKYMILES                       | Delta Air Lines Inc / SkyMiles IP Ltd                                           | CUSIP: 830867AB3<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |   2000000 | PA      | $1879946.36   | 0.39%             | 2028-10-20      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY                                 | Morgan Stanley                                                                  | CUSIP: 61747YET8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   1190000 | PA      | $1169597.95   | 0.24%             | 2026-07-17      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                          | Wells Fargo & Co                                                                | CUSIP: 95000U2K8<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   3270000 | PA      | $3048402.04   | 0.64%             | 2026-02-11      | Fixed         | 2.16%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                            | JPMorgan Chase & Co                                                             | CUSIP: 46647PAY2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1225000 | PA      | $1206726.56   | 0.25%             | 2024-12-05      | Fixed         | 4.02%                 | No            |                  2 | On Loan: No      |
| PPL ELECTRIC UTILITIES                         | PPL Electric Utilities Corp                                                     | CUSIP: 69351UAX1<br>LEI: 549300GCZLSGYEYPIR35 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $995603.35    | 0.21%             | 2023-09-28      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                    | Freddie Mac Non Gold Pool                                                       | CUSIP: 31342AZT9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       626 | PA      | $621.60       | 0.00%             | 2033-08-01      | Floating      | 4.08%                 | No            |                  2 | On Loan: No      |
| GLS Auto Receivables Trust                     | GLS Auto Receivables Issuer Trust 2021-4                                        | CUSIP: 36263DAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    926851 | PA      | $914234.91    | 0.19%             | 2025-07-15      | Fixed         | 0.84%                 | Yes           |                  2 | On Loan: No      |
| OWL ROCK CORE INCOME COR                       | OWL Rock Core Income Corp                                                       | CUSIP: 69120VAM3<br>LEI: 5493003I42XBWPE05N35 | Long             | DBT              | CORP              | US        |   4955000 | PA      | $4216521.52   | 0.88%             | 2026-09-23      | Fixed         | 3.13%                 | Yes           |                  2 | On Loan: No      |
| NUTRIEN LTD                                    | Nutrien Ltd                                                                     | CUSIP: 67077MAZ1<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |    455000 | PA      | $460718.20    | 0.10%             | 2024-11-07      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| City of Glendale AZ                            | GLENDALE AZ COPS                                                                | CUSIP: 37828AAD1<br>LEI: 5493002BC35ZY7XRQ949 | Long             | DBT              | MUN               | US        |   1235000 | PA      | $1061336.28   | 0.22%             | 2027-07-01      | Fixed         | 1.72%                 | No            |                  2 | On Loan: No      |
| INT DEVELOPMENT FIN CORP                       | United States International Development Finance Corp                            | CUSIP: 90376PAX9<br>LEI: 254900QI8QTIK0FY6E92 | Long             | DBT              | USGA              | US        |    977092 | PA      | $852372.23    | 0.18%             | 2029-10-15      | Fixed         | 1.05%                 | No            |                  2 | On Loan: No      |
| FCI Funding, LLC                               | FCI Funding 2021-1 LLC                                                          | CUSIP: 30260GAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    443660 | PA      | $433289.91    | 0.09%             | 2033-04-15      | Fixed         | 1.13%                 | Yes           |                  2 | On Loan: No      |
| Gracie Point International Funding             | GRACIE POINT INTERNATIONAL FUNDING 2021-1                                       | CUSIP: 38411EAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1489427 | PA      | $1486063.15   | 0.31%             | 2023-11-01      | Floating      | 4.87%                 | Yes           |                  2 | On Loan: No      |
| GA GLOBAL FUNDING TRUST                        | GA Global Funding Trust                                                         | CUSIP: 36143L2G9<br>LEI: 54930029I8ROQ4OROZ88 | Long             | DBT              | CORP              | US        |   2370000 | PA      | $2086137.78   | 0.43%             | 2027-01-06      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Gracie Point International Funding             | GRACIE POINT INTERNATIONAL FUNDING 2022-1                                       | CUSIP: 38411HAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   1495986 | PA      | $1485435.26   | 0.31%             | 2024-04-01      | Floating      | 6.30%                 | Yes           |                  2 | On Loan: No      |
| United States Treasury                         | United States Treasury Note/Bond                                                | CUSIP: 91282CFZ9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  46832000 | PA      | $46575887.50  | 9.71%             | 2027-11-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| MAIN STREET CAPITAL CORP                       | Main Street Capital Corp                                                        | CUSIP: 56035LAE4<br>LEI: 5493001FS9QJLJNF3E20 | Long             | DBT              | CORP              | US        |   3300000 | PA      | $2843954.52   | 0.59%             | 2026-07-14      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                         | United States Treasury Note/Bond                                                | CUSIP: 91282CFW6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    779000 | PA      | $783686.17    | 0.16%             | 2025-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP                           | Targa Resources Corp                                                            | CUSIP: 87612KAA0<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |    985000 | PA      | $965429.91    | 0.20%             | 2027-07-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| City of Glendale AZ                            | GLENDALE AZ COPS                                                                | CUSIP: 37828AAC3<br>LEI: 5493002BC35ZY7XRQ949 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $882276.80    | 0.18%             | 2026-07-01      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| CAPITAL SOUTHWEST CORP                         | Capital Southwest Corp                                                          | CUSIP: 140501AC1<br>LEI: 54930023YZ4YEJEDBO56 | Long             | DBT              | CORP              | US        |   1355000 | PA      | $1131560.50   | 0.24%             | 2026-10-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| VAR ENERGI ASA                                 | Var Energi ASA                                                                  | CUSIP: 92212WAD2<br>LEI: 549300LIVN3FFOJN2K47 | Long             | DBT              | CORP              | NO        |    595000 | PA      | $606068.06    | 0.13%             | 2028-01-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Credito Real USA Auto Receivables Trust        | Credito Real USA Auto Receivables Trust 2021-1                                  | CUSIP: 22551EAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    650978 | PA      | $636258.67    | 0.13%             | 2027-02-16      | Fixed         | 1.35%                 | Yes           |                  2 | On Loan: No      |
| Progress Residential Trust                     | Progress Residential 2022-SFR3 Trust                                            | CUSIP: 74331UAA6<br>LEI: 5493002EEQ4GX2578787 | Long             | ABS-O            | CORP              | US        |    925000 | PA      | $838463.48    | 0.17%             | 2039-04-17      | Fixed         | 3.20%                 | Yes           |                  2 | On Loan: No      |
| CHENIERE CORP CHRISTI HD                       | Cheniere Corpus Christi Holdings LLC                                            | CUSIP: 16412XAG0<br>LEI: 549300I7CIEWU1BBLQ53 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1975856.20   | 0.41%             | 2027-06-30      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                           | Bank of America Corp                                                            | CUSIP: 06051GHY8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $1949262.00   | 0.41%             | 2026-02-13      | Fixed         | 2.02%                 | No            |                  2 | On Loan: No      |
| BAYLOR SCOTT & WHITE HOL                       | Baylor Scott & White Holdings                                                   | CUSIP: 072863AG8<br>LEI: 549300JQDKSBWYRGGV95 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $883470.89    | 0.18%             | 2025-11-15      | Fixed         | 0.83%                 | No            |                  2 | On Loan: No      |
| OWL ROCK CAPITAL CORPORA                       | Owl Rock Capital Corp III                                                       | CUSIP: 69122JAC0<br>LEI: 5493003BCZ22YM5BRK17 | Long             | DBT              | CORP              | US        |   2320000 | PA      | $1909806.55   | 0.40%             | 2027-04-13      | Fixed         | 3.13%                 | Yes           |                  2 | On Loan: No      |
| ANTARES HOLDINGS                               | Antares Holdings LP                                                             | CUSIP: 03666HAD3<br>LEI: 5493008EAIGV4283RM42 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $801074.86    | 0.17%             | 2027-01-15      | Fixed         | 2.75%                 | Yes           |                  2 | On Loan: No      |
| SECURITY BENEFIT GL FUND                       | Security Benefit Global Funding                                                 | CUSIP: 81412DAA1<br>LEI: 5493003C0JW6BY7YFF93 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3752694.16   | 0.78%             | 2024-05-17      | Fixed         | 1.25%                 | Yes           |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                            | Southern California Edison Co                                                   | CUSIP: 842400GV9<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |   2065000 | PA      | $1831175.07   | 0.38%             | 2026-02-01      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BLDG SOCIETY                        | Nationwide Building Society                                                     | CUSIP: 63861VAF4<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |   1500000 | PA      | $1318494.42   | 0.27%             | 2028-02-16      | Fixed         | 2.97%                 | Yes           |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                        | Goldman Sachs Group Inc/The                                                     | CUSIP: 38141GZK3<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    930000 | PA      | $828058.38    | 0.17%             | 2028-02-24      | Fixed         | 2.64%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD                       | Avolon Holdings Funding Ltd                                                     | CUSIP: 05401AAK7<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |   1850000 | PA      | $1758800.11   | 0.37%             | 2026-01-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                       | Warnermedia Holdings Inc                                                        | CUSIP: 55903VAG8<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |   1355000 | PA      | $1220217.42   | 0.25%             | 2027-03-15      | Fixed         | 3.76%                 | Yes           |                  2 | On Loan: No      |
| AIRCASTLE LTD                                  | Aircastle Ltd                                                                   | CUSIP: 00928QAT8<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |    850000 | PA      | $817477.08    | 0.17%             | 2025-08-11      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                          | Wells Fargo & Co                                                                | CUSIP: 95000U2X0<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   1900000 | PA      | $1846623.74   | 0.39%             | 2026-04-25      | Fixed         | 3.91%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-27

**Name of Applicant:** HOMESTEAD FUNDS INC

**Signature:** Amy DiMauro

**Name of Signer:** Amy DiMauro

**Title:** Treasurer