# EDGAR Filing Document

**Accession Number:** 0000885709
**File Stem:** 0000940400-26-025018
**Filing Date:** 2026-6
**Character Count:** 106848
**Document Hash:** 3f4b08df26f5a5d4e62fe68065f5a5d7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-025018.hdr.sgml**: 20260622

**ACCESSION NUMBER**: 0000940400-26-025018

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260622

**DATE AS OF CHANGE**: 20260622

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PAYDEN & RYGEL INVESTMENT GROUP
- **CENTRAL INDEX KEY:** 0000885709

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06625
- **FILM NUMBER:** 261107515

**BUSINESS ADDRESS:**
- **STREET 1:** 333 S GRAND AVE
- **STREET 2:** 40TH FL
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90071
- **BUSINESS PHONE:** 2136251900

**MAIL ADDRESS:**
- **STREET 1:** 333 S GRAND AVE
- **STREET 2:** 40TH FL
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90071

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PAYDENFUNDS
- **DATE OF NAME CHANGE:** 20010423

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PAYDEN & RYGEL INVESTMENT GROUP
- **DATE OF NAME CHANGE:** 19940104

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** P&R INVESTMENT TRUST
- **DATE OF NAME CHANGE:** 19920929

## Series and Classes Contracts Data

### Payden Global Low Duration Fund (Series ID: S000011764)

| Class ID   | Class Name                                       | Ticker Symbol   |
|:---|:---|:---|
| C000032189 | Payden Global Low Duration Fund (Investor Class) | PYGSX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** PAYDEN & RYGEL INVESTMENT GROUP

- **b. Investment Company Act file number:** 811-06625

- **c. CIK number of Registrant:** 0000885709

- **d. LEI of Registrant:** 549300QJNYRKYZS3P282

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

  - **Street Address 1:** 333 South Grand Avenue

  - **City:** Los Angeles

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 90071

  - **Telephone number:** 213-625-1900

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

- **a. Name of Series:** Payden Global Low Duration Fund

- **b. EDGAR series identifier (if any):** S000011764

- **c. LEI of Series:** UZ2KMUE2JVI820YEJ784

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

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

- **b. Date as of which information is reported:** 2026-04-30

**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:** $36889058.08

**Total Liabilities:** $200136.13

**Net Assets:** $36688921.95

**Delayed Delivery Securities:** $100000.00

**Cash Not Reported:** $112000.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 1.00000000 | **1-Year:** 153.00000000 | **5-Year:** 3755.00000000 | **10-Year:** 421.00000000 | **30-Year:** 1531.00000000

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

- **3-Month:** 1.00000000 | **1-Year:** 24.00000000 | **5-Year:** 282.00000000 | **10-Year:** 60.00000000 | **30-Year:** 447.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000032189 | 0.68%                | -0.74%               | 0.31%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $16956.47                | $37081.37                                  |
| Month 2  | $13020.31                | $-337280.54                                |
| Month 3  | $-7523.45                | $16648.51                                  |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CHICAGO BOARD OF TRADE                                                           | 5-Year T-Note Futures, Jun-2026,ETH                    | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        15 | NC      | $-19188.21    | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| AERCAP IRELAND CAPITAL DAC                                                       | AER 4.875 04/01/28                                     | CUSIP: 00774MBN4<br>LEI: 549300TI38531ODB1G63 | Long             | DBT              | CORP              | IE        |    165000 | PA      | $166023.27    | 0.45%             | 2028-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ANZ NEW ZEALAND (INT'L) LTD LONDON BRANCH                                        | ANZNZ 4 01/22/29 144A                                  | CUSIP: 00182EBV0<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    200000 | PA      | $198271.01    | 0.54%             | 2029-01-22      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2023-1                                     | WLAKE 2023-1A D                                        | CUSIP: 96042XAG0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    300000 | PA      | $304726.80    | 0.83%             | 2028-11-15      | Fixed         | 6.79%                 | No            |                  2 | On Loan: No      |
| SALESFORCE INC                                                                   | CRM 4.65 03/15/29                                      | CUSIP: 79466LAR5<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | DBT              | CORP              | US        |    195000 | PA      | $195413.19    | 0.53%             | 2029-03-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| ROCKET MORTGAGE LLC / ROCKET MORTGAGE CO-ISSUER INC                              | RKT 2.875 10/15/26 144A                                | CUSIP: 77313LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    165000 | PA      | $163981.81    | 0.45%             | 2026-10-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CAS 2022-R05 2B2                                       | CUSIP: 20754DAJ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    200000 | PA      | $210741.52    | 0.57%             | 2042-04-25      | Floating      | 10.65%                | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS COMPANY                                                         | AXP V4.731 04/25/29                                    | CUSIP: 025816ED7<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    125000 | PA      | $125685.02    | 0.34%             | 2029-04-25      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY RESIDENTIAL MORTGAGE LOAN TRUST 2025-NQM8                         | MSRM 2025-NQM8 A1                                      | CUSIP: 61779QAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    218042 | PA      | $217286.77    | 0.59%             | 2070-09-25      | Variable      | 4.96%                 | No            |                  2 | On Loan: No      |
| CAISSE D'AMORTISSEMENT DE LA DETTE SOCIALE                                       | CADES 4.25 01/24/27 144A                               | CUSIP: 12802D2P0<br>LEI: 969500P04DQJS4BPM574 | Long             | DBT              | NUSS              | FR        |    400000 | PA      | $400989.00    | 1.09%             | 2027-01-24      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                                                             | LVS 5.9 06/01/27                                       | CUSIP: 517834AJ6<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    105000 | PA      | $106123.46    | 0.29%             | 2027-06-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| BX TRUST 2023-LIFE                                                               | BX 2023-LIFE B                                         | CUSIP: 05609DAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    150000 | PA      | $146833.10    | 0.40%             | 2028-02-15      | Fixed         | 5.39%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                                                               | ACAFP V6.316 10/03/29 144A                             | CUSIP: 22535WAJ6<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |    250000 | PA      | $259692.97    | 0.71%             | 2029-10-03      | Fixed         | 6.32%                 | No            |                  2 | On Loan: No      |
| ALLIANT ENERGY FINANCE LLC                                                       | LNT 5.4 06/06/27 144A                                  | CUSIP: 01882YAF3<br>LEI: 54930033ER6EOI5DL570 | Long             | DBT              | CORP              | US        |     60000 | PA      | $60433.95     | 0.16%             | 2027-06-06      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COMPANIES INC                                                         | ACI 5.625 03/31/32 144A                                | CUSIP: 01309QAE8<br>LEI: 549300YKWOC0AOR16R51 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19739.22     | 0.05%             | 2032-03-31      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINANCIAL COMPANY INC                                             | GM 5.4 05/08/27                                        | CUSIP: 37045XEQ5<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |     65000 | PA      | $65677.91     | 0.18%             | 2027-05-08      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| CARMAX AUTO OWNER TRUST 2024-4                                                   | CARMX 2024-4 D                                         | CUSIP: 14290DAG6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $100558.49    | 0.27%             | 2031-08-15      | Fixed         | 5.36%                 | No            |                  2 | On Loan: No      |
| RIO TINTO FINANCE (USA) PLC                                                      | RIOLN 4.5 03/14/28                                     | CUSIP: 76720AAR7<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |     50000 | PA      | $50272.82     | 0.14%             | 2028-03-14      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST 2018-C46                                   | WFCM 2018-C46 XA                                       | CUSIP: 95001QAV3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5271955 | PA      | $70721.70     | 0.19%             | 2051-08-17      | Variable      | 1.07%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS COMPANY LLC                                                    | VST 5 07/31/27 144A                                    | CUSIP: 92840VAF9<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |     40000 | PA      | $40007.84     | 0.11%             | 2027-07-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DRYDEN 113 CLO LTD                                                               | DRSLF 2022-113A AR3                                    | CUSIP: 26253EBK3<br>LEI: 254900XN9Y85HJGYJ219 | Long             | ABS-CBDO         | CORP              | JE        |    250000 | PA      | $249784.50    | 0.68%             | 2037-10-15      | Variable      | 4.99%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CAS 2022-R01 1B2                                       | CUSIP: 20754LAJ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    250000 | PA      | $257081.90    | 0.70%             | 2041-12-26      | Floating      | 9.65%                 | No            |                  2 | On Loan: No      |
| EMD FINANCE LLC                                                                  | MRKGR 4.125 08/15/28 144A                              | CUSIP: 26867LAN0<br>LEI: 529900C8KS5G529A0B76 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149154.25    | 0.41%             | 2028-08-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| HPS CORPORATE LENDING FUND                                                       | HLEND 5.3 06/05/27                                     | CUSIP: 40440VAX3<br>LEI: 549300ZS7IHUA6FKFV61 | Long             | DBT              | CORP              | US        |    170000 | PA      | $169370.23    | 0.46%             | 2027-06-05      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA INC                                                       | SANUSA V6.124 05/31/27                                 | CUSIP: 80282KBK1<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |     35000 | PA      | $35043.45     | 0.10%             | 2027-05-31      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP                                     | CHTR 5.125 05/01/27 144A                               | CUSIP: 1248EPBT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     23000 | PA      | $22985.77     | 0.06%             | 2027-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| BX TRUST 2018-BILT                                                               | BX 2026-CSMO B                                         | CUSIP: 12433LAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $200722.52    | 0.55%             | 2031-02-15      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | BAC V4.623 05/09/29                                    | CUSIP: 06051GMT3<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    205000 | PA      | $205534.03    | 0.56%             | 2029-05-09      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| OBX 2024-NQM12 TRUST                                                             | OBX 2024-NQM12 A1                                      | CUSIP: 67448PAA1<br>LEI: 254900MY906NOBBPOA44 | Long             | ABS-O            | CORP              | US        |    145153 | PA      | $145831.71    | 0.40%             | 2064-07-25      | Variable      | 5.47%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                                                     | ENBCN 4.2 11/20/28                                     | CUSIP: 29250NCM5<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |     80000 | PA      | $79563.62     | 0.22%             | 2028-11-20      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| CDP FINANCIAL INC                                                                | CADEPO F 05/05/28 144A                                 | CUSIP: 125094BJ0<br>LEI: 549300OXMGVYFCBFV096 | Long             | DBT              | CORP              | CA        |    500000 | PA      | $502261.99    | 1.37%             | 2028-05-05      | Floating      | 4.15%                 | No            |                  2 | On Loan: No      |
| M&T EQUIPMENT (2025-LEAF1) LLC                                                   | MTLRF 2025-1A A3                                       | CUSIP: 55340QAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $201202.08    | 0.55%             | 2029-09-17      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| HIH TRUST 2024-61P                                                               | HIH 2024-61P A                                         | CUSIP: 40444VAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     91538 | PA      | $91725.20     | 0.25%             | 2041-10-15      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| EVERGY INC                                                                       | EVRG 4.25 03/15/29                                     | CUSIP: 30034WAF3<br>LEI: 549300PGTHDQY6PSUI61 | Long             | DBT              | CORP              | US        |     40000 | PA      | $39685.29     | 0.11%             | 2029-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                                            | ATH 5.516 03/25/27 144A                                | CUSIP: 04685A3T6<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    240000 | PA      | $242111.41    | 0.66%             | 2027-03-25      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FINANCE NORTH AMERICA LLC                                          | MBGGR 4.25 03/10/29 144A                               | CUSIP: 58769JBP1<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148984.19    | 0.41%             | 2029-03-10      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CROSS 2025-H6 MORTGAGE TRUST                                                     | CROSS 2025-H6 A1                                       | CUSIP: 22758TAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    167411 | PA      | $167561.84    | 0.46%             | 2070-07-25      | Variable      | 5.18%                 | No            |                  2 | On Loan: No      |
| CATURUS ENERGY LLC                                                               | KTGLLC 7.125 05/15/31 144A                             | CUSIP: 149482AA9<br>LEI: 254900LM244SIFQ1QY31 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20080.16     | 0.05%             | 2031-05-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP INC                                                      | ABG 4.625 11/15/29 144A                                | CUSIP: 043436AW4<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14606.31     | 0.04%             | 2029-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST 2026-1250B                                 | WFCM 2026-1250B A                                      | CUSIP: 949939AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $98977.41     | 0.27%             | 2041-03-12      | Variable      | 4.83%                 | No            |                  2 | On Loan: No      |
| ALLISON TRANSMISSION INC                                                         | ALSN 4.75 10/01/27 144A                                | CUSIP: 019736AE7<br>LEI: MWKQ3I0U1GXP2YDSZW75 | Long             | DBT              | CORP              | US        |     70000 | PA      | $69911.01     | 0.19%             | 2027-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| GE HEALTHCARE TECHNOLOGIES INC                                                   | GEHC 4.15 12/15/28                                     | CUSIP: 36266GAD9<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |     35000 | PA      | $34784.05     | 0.09%             | 2028-12-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| NEW RESIDENTIAL MORTGAGE LOAN TRUST 2017-1                                       | NRZT 2017-1A A1                                        | CUSIP: 64829JAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     69311 | PA      | $67433.70     | 0.18%             | 2057-02-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT                             | T 3.5 02/15/29                                         | CUSIP: 91282CQA2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1100000 | PA      | $1088226.57   | 2.97%             | 2029-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CAISSE D'AMORTISSEMENT DE LA DETTE SOCIALE                                       | CADES 3.75 09/12/27 144A                               | CUSIP: 12802D2R6<br>LEI: 969500P04DQJS4BPM574 | Long             | DBT              | NUSS              | FR        |    300000 | PA      | $298935.86    | 0.81%             | 2027-09-12      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCIAL ISSUANCE TRUST 2025-1                                          | OMFIT 2025-1A A                                        | CUSIP: 68270DAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $200255.40    | 0.55%             | 2038-07-14      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| OBX 2025-NQM19 TRUST                                                             | OBX 2025-NQM19 A1                                      | CUSIP: 67449LAA9<br>LEI: 2549003HKVOL66FLG606 | Long             | ABS-O            | CORP              | US        |    214878 | PA      | $213780.47    | 0.58%             | 2065-10-25      | Variable      | 4.87%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATIONAL INFORMATION SERVICES INC                                       | FIS 4.55 03/10/29                                      | CUSIP: 31620MCD6<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |     65000 | PA      | $64763.68     | 0.18%             | 2029-03-10      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2025-9                                                | VERUS 2025-9 A1                                        | CUSIP: 92490EAA1<br>LEI: 2138002AFCEWDDRL8N22 | Long             | ABS-O            | CORP              | US        |    232073 | PA      | $231688.81    | 0.63%             | 2070-10-25      | Variable      | 4.93%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE CORP                                                      | HNDA 4.15 01/08/29                                     | CUSIP: 02665WGR6<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |     35000 | PA      | $34601.51     | 0.09%             | 2029-01-08      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| BX TRUST 2018-BILT                                                               | BX 2024-CNYN B                                         | CUSIP: 05612HAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    142592 | PA      | $142892.38    | 0.39%             | 2041-04-15      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| RCKT MORTGAGE TRUST 2025-CES5                                                    | RCKT 2025-CES5 A1A                                     | CUSIP: 74942CAA7<br>LEI: 2549008EA2IHW9G2TZ48 | Long             | ABS-O            | CORP              | US        |    148355 | PA      | $149536.11    | 0.41%             | 2055-05-25      | Variable      | 5.69%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | WFC V5.707 04/22/28 MTN                                | CUSIP: 95000U3L5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |     90000 | PA      | $91087.97     | 0.25%             | 2028-04-22      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| METRONET INFRASTRUCTURE ISSUER LLC                                               | MNET 2026-1A C                                         | CUSIP: 59170JBL1<br>LEI: 5493000BIROCAEATAQ61 | Long             | ABS-O            | CORP              | US        |    150000 | PA      | $151185.21    | 0.41%             | 2056-04-20      | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST 2021-DNA6                                          | STACR 2021-DNA6 B2                                     | CUSIP: 35564KLV9<br>LEI: 5493000ISONLNOUKGB71 | Long             | ABS-O            | USGSE             | US        |    150000 | PA      | $154217.10    | 0.42%             | 2041-10-25      | Floating      | 11.15%                | No            |                  2 | On Loan: No      |
| ALBERTSONS COMPANIES INC                                                         | ACI 5.5 03/31/31 144A                                  | CUSIP: 01309QAC2<br>LEI: 549300YKWOC0AOR16R51 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19913.90     | 0.05%             | 2031-03-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINANCIAL GROUP INC                                              | SUMIBK 4.108 01/15/29                                  | CUSIP: 86562MEJ5<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $198441.78    | 0.54%             | 2029-01-15      | Fixed         | 4.11%                 | No            |                  2 | On Loan: No      |
| KFC HOLDING COMPANY                                                              | YUM 4.75 06/01/27 144A                                 | CUSIP: 48250NAC9<br>LEI: 549300G2LG4YUB3MM115 | Long             | DBT              | CORP              | US        |     40000 | PA      | $39952.90     | 0.11%             | 2027-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST 2024-DNA3                                          | STACR 2024-DNA3 M2                                     | CUSIP: 35564NFA6<br>LEI: 529900P3PHNE8PW64Z68 | Long             | ABS-O            | USGSE             | US        |     34033 | PA      | $34044.95     | 0.09%             | 2044-10-25      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| AMRIZE FINANCE US LLC                                                            | AMRZ 4.7 04/07/28                                      | CUSIP: 43475RAQ9<br>LEI: 529900FB2F1WKLFNGY62 | Long             | DBT              | CORP              | US        |    145000 | PA      | $145609.79    | 0.40%             | 2028-04-07      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| MAPLE PARENT HOLDINGS CORP                                                       | KDP 4.75 03/26/29 144A                                 | CUSIP: 56530KAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     35000 | PA      | $34998.93     | 0.10%             | 2029-03-26      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| STANDARD BUILDING SOLUTIONS INC                                                  | BMCAUS 4.375 07/15/30 144A                             | CUSIP: 853496AG2<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9553.50      | 0.03%             | 2030-07-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| AZORRA FINANCE LTD                                                               | AZORRA 7.25 01/15/31 144A                              | CUSIP: 05480AAB1<br>LEI: 254900MC1HXDAVUUP395 | Long             | DBT              | CORP              | KY        |     25000 | PA      | $25626.13     | 0.07%             | 2031-01-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| CAIXABANK SA                                                                     | CABKSM V4.634 07/03/29 144A                            | CUSIP: 12803RAK0<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $200219.34    | 0.55%             | 2029-07-03      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | BACR V4.476 11/11/29                                   | CUSIP: 06738EDD4<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $198996.62    | 0.54%             | 2029-11-11      | Fixed         | 4.48%                 | No            |                  2 | On Loan: No      |
| VB-S1 ISSUER LLC                                                                 | VBTEL 2024-1A F                                        | CUSIP: 91823ABG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $102534.38    | 0.28%             | 2054-05-15      | Fixed         | 8.87%                 | No            |                  2 | On Loan: No      |
| PFS FINANCING CORP                                                               | PFSFC 2023-C A                                         | CUSIP: 69335PEY7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $201334.16    | 0.55%             | 2028-10-16      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| BNG BANK NV                                                                      | BNG 4.25 01/25/29 144A                                 | CUSIP: 05591F2V1<br>LEI: 529900GGYMNGRQTDOO93 | Long             | DBT              | NUSS              | NL        |    300000 | PA      | $302021.47    | 0.82%             | 2029-01-25      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATIONS LP                                                     | HESM 6.5 06/01/29 144A                                 | CUSIP: 428102AG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $30753.60     | 0.08%             | 2029-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| OMERS FINANCE TRUST                                                              | OMERFT 4 04/20/28 REGS                                 | CUSIP: 000000000<br>LEI: 529900M039WCPES03P17 | Long             | DBT              | CORP              | CA        |    550000 | PA      | $549911.15    | 1.50%             | 2028-04-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & COMPANY                                                        | JPM V5.04 01/23/28                                     | CUSIP: 46647PEA0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     65000 | PA      | $65306.66     | 0.18%             | 2028-01-23      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| COLT 2025-11 MORTGAGE LOAN TRUST                                                 | COLT 2025-11 A1                                        | CUSIP: 12676KAC7<br>LEI: 213800CETFGZSOQ6WF79 | Long             | ABS-O            | CORP              | US        |     94500 | PA      | $94465.79     | 0.26%             | 2070-11-25      | Variable      | 5.05%                 | No            |                  2 | On Loan: No      |
| DIAMOND ISSUER LLC                                                               | SHINE 2021-1A A                                        | CUSIP: 25267TAN1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    400000 | PA      | $388943.72    | 1.06%             | 2051-11-20      | Fixed         | 2.31%                 | No            |                  2 | On Loan: No      |
| VAR ENERGI ASA                                                                   | VARNO 7.5 01/15/28 144A                                | CUSIP: 92212WAD2<br>LEI: 549300LIVN3FFOJN2K47 | Long             | DBT              | CORP              | NO        |    200000 | PA      | $208612.86    | 0.57%             | 2028-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| XHR LP                                                                           | XHR 6.625 05/15/30 144A                                | CUSIP: 98372MAE5<br>LEI: 549300M88BPT83ZL2164 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20489.10     | 0.06%             | 2030-05-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CAS 2021-R02 2B2                                       | CUSIP: 20754KAJ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    250000 | PA      | $256367.05    | 0.70%             | 2041-11-25      | Floating      | 9.85%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA INC                                                       | SANUSA V5.473 03/20/29                                 | CUSIP: 80282KBN5<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |    185000 | PA      | $187748.31    | 0.51%             | 2029-03-20      | Fixed         | 5.47%                 | No            |                  2 | On Loan: No      |
| SV RNO PROPERTY OWNER 1 LLC                                                      | TRACTC 5.875 03/01/31 144A                             | CUSIP: 78488XAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $29453.96     | 0.08%             | 2031-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE HOLDINGS LLC                                                    | FREMOR 9.25 02/01/29 144A                              | CUSIP: 35641AAA6<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |     35000 | PA      | $36279.25     | 0.10%             | 2029-02-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| PSP CAPITAL INC                                                                  | PSPCAP 3.5 06/29/27 144A                               | CUSIP: 69376P2D6<br>LEI: 549300B456N0WEIC5249 | Long             | DBT              | NUSS              | CA        |    500000 | PA      | $497832.42    | 1.36%             | 2027-06-29      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CROSS 2024-H8 MORTGAGED TRUST                                                    | CROSS 2024-H8 A1                                       | CUSIP: 22757GAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     74529 | PA      | $74976.52     | 0.20%             | 2069-12-25      | Variable      | 5.55%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST 2025-HI                                    | WFCM 2025-HI A                                         | CUSIP: 949933AA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $200271.92    | 0.55%             | 2042-10-15      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | MS V4.555 04/10/30                                     | CUSIP: 61748UAV4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    185000 | PA      | $184446.54    | 0.50%             | 2030-04-10      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| BRANDYWINE OPERATING PARTNERSHIP LP                                              | BDN 6.125 01/15/31                                     | CUSIP: 105340AT0<br>LEI: IXBXSCONLDQ1ZI73YU71 | Long             | DBT              | CORP              | US        |     80000 | PA      | $74530.85     | 0.20%             | 2031-01-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| LIFE 2021-BMR MORTGAGE TRUST                                                     | LIFE 2021-BMR D                                        | CUSIP: 53218CAG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     70000 | PA      | $68096.95     | 0.19%             | 2038-03-15      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| BLUE OWL TECHNOLOGY FINANCE CORP                                                 | OTF 3.75 06/17/26                                      | CUSIP: 691205AE8<br>LEI: 254900G5EZJSOD3UKL16 | Long             | DBT              | CORP              | US        |     85000 | PA      | $84784.63     | 0.23%             | 2026-06-17      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST 2022-R04                                     | CAS 2022-R04 1B2                                       | CUSIP: 20753YAL6<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |    250000 | PA      | $267119.65    | 0.73%             | 2042-03-25      | Floating      | 13.15%                | No            |                  2 | On Loan: No      |
| SOUTH BOW USA INFRASTRUCTURE HOLDINGS LLC                                        | SOBOCN 4.911 09/01/27                                  | CUSIP: 83007CAB8<br>LEI: 254900Z1WAY7QFQ7O850 | Long             | DBT              | CORP              | US        |     80000 | PA      | $80319.54     | 0.22%             | 2027-09-01      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| AAR CORP                                                                         | AIR 6.75 03/15/29 144A                                 | CUSIP: 00253PAA6<br>LEI: MP76T5YQX3YK5VVAQ802 | Long             | DBT              | CORP              | US        |     35000 | PA      | $36080.91     | 0.10%             | 2029-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MAIN STREET CAPITAL CORP                                                         | MAIN 6.95 03/01/29                                     | CUSIP: 56035LAH7<br>LEI: 5493001FS9QJLJNF3E20 | Long             | DBT              | CORP              | US        |    105000 | PA      | $108269.10    | 0.30%             | 2029-03-01      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA (THE)                                                        | BNS V4.247 02/02/30                                    | CUSIP: 06418GAY3<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    175000 | PA      | $173602.70    | 0.47%             | 2030-02-02      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | C V4.643 05/07/28                                      | CUSIP: 172967PZ8<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    210000 | PA      | $210422.99    | 0.57%             | 2028-05-07      | Fixed         | 4.64%                 | No            |                  2 | On Loan: No      |
| OBX 2024-NQM13 TRUST                                                             | OBX 2024-NQM13 A1                                      | CUSIP: 67119PAP6<br>LEI: 254900W2SY2Z6X7UAX78 | Long             | ABS-O            | CORP              | US        |    144506 | PA      | $144763.97    | 0.39%             | 2064-06-25      | Variable      | 5.12%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST INC                                                      | STWD 6.5 07/01/30 144A                                 | CUSIP: 85571BBD6<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30753.63     | 0.08%             | 2030-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| OBX 2025-NQM14 TRUST                                                             | OBX 2025-NQM14 A1                                      | CUSIP: 673924AC0<br>LEI: 254900T4WKE0IYMYAI09 | Long             | ABS-O            | CORP              | US        |     77707 | PA      | $77825.56     | 0.21%             | 2065-07-25      | Variable      | 5.16%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                     | UBS V4.151 12/23/29 144A                               | CUSIP: 225401BK3<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    200000 | PA      | $198033.14    | 0.54%             | 2029-12-23      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| ONTARIO TEACHERS' FINANCE TRUST                                                  | ONTTFT 4.25 04/25/28 144A                              | CUSIP: 68329AAP3<br>LEI: 635400ZZE5J8OXXBBY26 | Long             | DBT              | MUN               | CA        |    300000 | PA      | $301397.26    | 0.82%             | 2028-04-25      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CPPIB CAPITAL INC                                                                | CPPIBC 3.75 10/08/27 144A                              | CUSIP: 22411VBC1<br>LEI: 549300KW9NB55HTDK075 | Long             | DBT              | CORP              | CA        |    300000 | PA      | $299452.60    | 0.82%             | 2027-10-08      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| WINGSTOP FUNDING LLC                                                             | WSTOP 2020-1A A2                                       | CUSIP: 974153AB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    295500 | PA      | $286717.03    | 0.78%             | 2050-12-05      | Fixed         | 2.84%                 | No            |                  2 | On Loan: No      |
| ALLY AUTO RECEIVABLES TRUST 2022-3                                               | ABCLN 2025-A D                                         | CUSIP: 02007G5G4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    176642 | PA      | $176861.12    | 0.48%             | 2033-06-15      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| BANCO BILBAO VIZCAYA ARGENTARIA SA                                               | BBVASM 4.15 03/03/29                                   | CUSIP: 05946KAT8<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $197714.86    | 0.54%             | 2029-03-03      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| LIFE 2022-BMR2 MORTGAGE TRUST                                                    | LIFE 2022-BMR2 A1                                      | CUSIP: 53218DAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $96740.85     | 0.26%             | 2039-05-15      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| BANK GOSPODARSTWA KRAJOWEGO SA                                                   | BGOSK 6.25 10/31/28 REGS                               | CUSIP: 000000000<br>LEI: 259400BCOV9JJIGLYF05 | Long             | DBT              | NUSS              | PL        |    250000 | PA      | $262975.08    | 0.72%             | 2028-10-31      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MAIN STREET CAPITAL CORP                                                         | MAIN 5.4 08/15/28                                      | CUSIP: 56035LAK0<br>LEI: 5493001FS9QJLJNF3E20 | Long             | DBT              | CORP              | US        |     80000 | PA      | $79734.28     | 0.22%             | 2028-08-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| TEXAS NATURAL GAS SECURITIZATION FINANCE CORP                                    | TX TNGUTL 5.1 04/01/2035                               | CUSIP: 88258MAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    506104 | PA      | $519174.85    | 1.42%             | 2035-04-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FINANCIAL GROUP INC                                               | MUFG V5.422 02/22/29                                   | CUSIP: 606822CS1<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $203141.01    | 0.55%             | 2029-02-22      | Fixed         | 5.42%                 | No            |                  2 | On Loan: No      |
| KODIAK GAS SERVICES LLC                                                          | KGS 5.875 04/01/31 144A                                | CUSIP: 50012LAF1<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |     35000 | PA      | $35269.53     | 0.10%             | 2031-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BX TRUST 2025-VLT6                                                               | BX 2025-VLT6 B                                         | CUSIP: 12433KAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $248573.25    | 0.68%             | 2042-03-17      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCKS FINANCE NORTH AMERICA LLC                                         | DTRGR 4.95 01/13/28 144A                               | CUSIP: 233853BC3<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151265.99    | 0.41%             | 2028-01-13      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| BLUE OWL CREDIT INCOME CORP                                                      | OCINCC 7.95 06/13/28                                   | CUSIP: 69120VBB6<br>LEI: 5493003I42XBWPE05N35 | Long             | DBT              | CORP              | US        |     35000 | PA      | $36073.47     | 0.10%             | 2028-06-13      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| SYNCHRONY FINANCIAL                                                              | SYF V5.019 07/29/29                                    | CUSIP: 87165BAX1<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |     35000 | PA      | $35010.91     | 0.10%             | 2029-07-29      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                                                | SWOP IRS USD                                           | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DIR              | CORP              | GB        |   4000000 | NC      | $73573.57     | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| MATCH GROUP HOLDINGS II LLC                                                      | MTCHII 5 12/15/27 144A                                 | CUSIP: 57665RAG1<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |     70000 | PA      | $69817.04     | 0.19%             | 2027-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS INC                                                        | RCICN 3.2 03/15/27                                     | CUSIP: 775109CG4<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |    235000 | PA      | $232675.27    | 0.63%             | 2027-03-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| MERITAGE HOMES CORP                                                              | MTH 5.125 06/06/27                                     | CUSIP: 59001ABA9<br>LEI: 52990044W9UMFJO2FB97 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30072.91     | 0.08%             | 2027-06-06      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| ANTERO RESOURCES CORP                                                            | AR 5.375 03/01/30 144A                                 | CUSIP: 03674XAS5<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | DBT              | CORP              | US        |    160000 | PA      | $161053.92    | 0.44%             | 2030-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| OBX 2025-NQM3 TRUST                                                              | OBX 2025-NQM3 A1                                       | CUSIP: 67448YAC8<br>LEI: 254900MBGY6CR10DAX67 | Long             | ABS-O            | CORP              | US        |     71812 | PA      | $72425.74     | 0.20%             | 2064-12-01      | Variable      | 5.65%                 | No            |                  2 | On Loan: No      |
| EXETER SELECT AUTOMOBILE RECEIVABLES TRUST 2025-3                                | ESART 2025-3 A3                                        | CUSIP: 30185FAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $99883.22     | 0.27%             | 2030-12-16      | Fixed         | 4.18%                 | No            |                  2 | On Loan: No      |
| WHEELS FLEET LEASE FUNDING 1 LLC                                                 | WFLF 2025-2A A1                                        | CUSIP: 96328GCK1<br>LEI: 549300BSFY0E0XXREF43 | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $200544.16    | 0.55%             | 2040-05-18      | Fixed         | 4.41%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                           | ASIA 4.75 02/12/30 GMTN                                | CUSIP: 04517PCD2<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | PH        |    250000 | PA      | $250853.36    | 0.68%             | 2030-02-12      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| VB-S1 ISSUER LLC                                                                 | VBTEL 2026-1A C2                                       | CUSIP: 91825HAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $97906.45     | 0.27%             | 2056-03-15      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| PRIMO WATER HOLDINGS INC                                                         | PRMWCN 4.375 04/30/29 144a                             | CUSIP: 74168RAB9<br>LEI: 9845008F9A5F2E1D4832 | Long             | DBT              | CORP              | US        |     35000 | PA      | $34178.56     | 0.09%             | 2029-04-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | BACR V4.219 05/24/30                                   | CUSIP: 06738EDG7<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $197326.99    | 0.54%             | 2030-05-24      | Fixed         | 4.22%                 | No            |                  2 | On Loan: No      |
| BENCHMARK 2018-B6 MORTGAGE TRUST                                                 | BMARK 2018-B6 XA                                       | CUSIP: 08162CAJ9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  13889331 | PA      | $99350.38     | 0.27%             | 2051-10-12      | Variable      | 0.54%                 | No            |                  2 | On Loan: No      |
| RCKT MORTGAGE TRUST 2025-CES8                                                    | RCKT 2025-CES8 A1A                                     | CUSIP: 74939WAA8<br>LEI: 254900FCN7EI8DTYGA19 | Long             | ABS-O            | CORP              | US        |    164774 | PA      | $164856.74    | 0.45%             | 2055-08-25      | Variable      | 5.15%                 | No            |                  2 | On Loan: No      |
| BSPRT 2023-FL10 ISSUER LLC                                                       | BSPRT 2023-FL10 A                                      | CUSIP: 05610VAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     88407 | PA      | $88534.48     | 0.24%             | 2035-09-17      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| PAYDEN & RYGEL INVESTMENT GROUP (THE)                                            | Payden Cash Reserves Money Market Fund                 | CUSIP: 704329598<br>LEI: 549300QJNYRKYZS3P282 | Long             | STIV             | RF                | US        |    432501 | NS      | $432500.79    | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| BX TRUST 2025-VLT7                                                               | BX 2025-VLT7 A                                         | CUSIP: 123913AA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $200073.04    | 0.55%             | 2044-07-15      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                                                               | ALLY V5.737 05/15/29                                   | CUSIP: 02005NBZ2<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |     40000 | PA      | $40614.54     | 0.11%             | 2029-05-15      | Fixed         | 5.74%                 | No            |                  2 | On Loan: No      |
| COLT 2024-6 MORTGAGE LOAN TRUST                                                  | COLT 2024-6 A1                                         | CUSIP: 19688XAA4<br>LEI: 213800U2X2TO1PQH1O75 | Long             | ABS-O            | CORP              | US        |     70536 | PA      | $70824.63     | 0.19%             | 2069-11-25      | Variable      | 5.39%                 | No            |                  2 | On Loan: No      |
| JP MORGAN MORTGAGE TRUST 2024-NQM1                                               | JPMMT 2024-NQM1 A1                                     | CUSIP: 465983AA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     60159 | PA      | $60478.05     | 0.16%             | 2064-02-25      | Variable      | 5.59%                 | No            |                  2 | On Loan: No      |
| ONEMAIN DIRECT AUTO RECEIVABLES TRUST 2017-1                                     | ODART 2026-1A A                                        | CUSIP: 682940AA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    300000 | PA      | $298828.02    | 0.81%             | 2033-12-14      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| WHISTLER PIPELINE LLC                                                            | WHISPI 5.4 09/30/29 144A                               | CUSIP: 96337RAA0<br>LEI: 549300NG57SGLTNW5C85 | Long             | DBT              | CORP              | US        |    170000 | PA      | $174014.11    | 0.47%             | 2029-09-30      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| KKR CLO 28 LTD                                                                   | KKR 28A AR2                                            | CUSIP: 48253WAW2<br>LEI: 549300OP87QBZ6KR1406 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $249941.00    | 0.68%             | 2035-02-09      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| INFINITY NATURAL RESOURCES LLC                                                   | INFNAR 7.625 04/01/31 144A                             | CUSIP: 45690BAA3<br>LEI: 54930021094IFVB5ND43 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25436.03     | 0.07%             | 2031-04-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| BX TRUST 2018-BILT                                                               | BX 2025-VOLT B                                         | CUSIP: 05619PAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $200175.92    | 0.55%             | 2044-12-15      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| BLUE RACER MIDSTREAM LLC                                                         | BLURAC 7 07/15/29 144A                                 | CUSIP: 095796AJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     35000 | PA      | $36311.98     | 0.10%             | 2029-07-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| LITHIA MOTORS INC                                                                | LAD 4.375 01/15/31 144A                                | CUSIP: 536797AF0<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9502.78      | 0.03%             | 2031-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BX TRUST 2018-BILT                                                               | BX 2024-XL5 B                                          | CUSIP: 05612GAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    175000 | PA      | $175363.11    | 0.48%             | 2041-03-15      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| MICROCHIP TECHNOLOGY INC                                                         | MCHP 4.9 03/15/28                                      | CUSIP: 595017BK9<br>LEI: 5493007PTFULNYZJ1R12 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75473.19     | 0.21%             | 2028-03-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| TRAVEL PLUS LEISURE COMPANY                                                      | TNL 6.625 07/31/26 144A                                | CUSIP: 98310WAS7<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75045.45     | 0.20%             | 2026-07-31      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2023-2                                     | WLAKE 2024-1A B                                        | CUSIP: 96043RAE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    153711 | PA      | $153973.13    | 0.42%             | 2027-11-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| SVENSK EXPORTKREDIT AB                                                           | SEK 3.625 03/12/29                                     | CUSIP: 01021NAH5<br>LEI: 1FOLRR5RWTWWI397R131 | Long             | DBT              | NUSS              | SE        |    200000 | PA      | $198127.20    | 0.54%             | 2029-03-12      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Sunoco LP                                                                        | SUN 5.375 07/15/31 144A                                | CUSIP: 86765KAM1<br>LEI: 5493006LL0CKP8WQW329 | Long             | DBT              | CORP              | US        |     55000 | PA      | $54773.70     | 0.15%             | 2031-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                                                    | CCL 5.125 05/01/29 144A                                | CUSIP: 143658CB6<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |     30000 | PA      | $29925.69     | 0.08%             | 2029-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| OBX 2025-R1 TRUST                                                                | OBX 2025-R1 A1                                         | CUSIP: 67123GAC9<br>LEI: 254900UIO03AL696QM79 | Long             | ABS-O            | CORP              | US        |    141496 | PA      | $140635.96    | 0.38%             | 2062-09-25      | Variable      | 4.94%                 | No            |                  2 | On Loan: No      |
| ENEL FINANCE INTERNATIONAL NV                                                    | ENELIM 5.125 06/26/29 144A                             | CUSIP: 29278GBD9<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $202971.51    | 0.55%             | 2029-06-26      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                                                           | VENLNG 9.5 02/01/29 144A                               | CUSIP: 92332YAC5<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |     55000 | PA      | $60049.11     | 0.16%             | 2029-02-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP LLC                                                       | ACGCAP 4.25 04/30/29 144A                              | CUSIP: 05369AAV3<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |     45000 | PA      | $44378.52     | 0.12%             | 2029-04-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MOSAIC COMPANY (THE)                                                             | MOS 4.35 01/15/29                                      | CUSIP: 61945CAJ2<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29834.31     | 0.08%             | 2029-01-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| TORONTO DOMINION BANK (THE)                                                      | TD 4.361 04/23/29                                      | CUSIP: 89115KAP5<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    185000 | PA      | $184524.13    | 0.50%             | 2029-04-23      | Fixed         | 4.36%                 | No            |                  2 | On Loan: No      |
| MDGH GMTN (RSC) LTD                                                              | MUBAUH 3 03/28/27 GMTN                                 | CUSIP: 000000000<br>LEI: 213800WRY6FRL9IXLT77 | Long             | DBT              | CORP              | AE        |    250000 | PA      | $247044.38    | 0.67%             | 2027-03-28      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ONTARIO TEACHERS' FINANCE TRUST                                                  | ONTTFT 4.625 04/10/29 144A                             | CUSIP: 68329AAQ1<br>LEI: 635400ZZE5J8OXXBBY26 | Long             | DBT              | MUN               | CA        |    250000 | PA      | $253895.05    | 0.69%             | 2029-04-10      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| COLT 2025-8 MORTGAGE LOAN TRUST                                                  | COLT 2025-8 A1                                         | CUSIP: 19689DAA7<br>LEI: 2138009IZ4NQZAKAEN75 | Long             | ABS-O            | CORP              | US        |     88643 | PA      | $89136.31     | 0.24%             | 2070-08-25      | Variable      | 5.48%                 | No            |                  2 | On Loan: No      |
| AXON ENTERPRISE INC                                                              | AXON 6.125 03/15/30 144A                               | CUSIP: 05464CAC5<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |     35000 | PA      | $35875.56     | 0.10%             | 2030-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| INTERCORP FINANCIAL SERVICES INC                                                 | IFSPE 4.125 10/19/27 144A                              | CUSIP: 45866EAA5<br>LEI: 5299004181WFTEWB1398 | Long             | DBT              | CORP              | PA        |    225000 | PA      | $223207.17    | 0.61%             | 2027-10-19      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK OF COMMERCE                                               | CM V4.283 01/29/30                                     | CUSIP: 13607QWB4<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |     75000 | PA      | $74472.93     | 0.20%             | 2030-01-29      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| LMDV ISSUER COMPANY LLC                                                          | LMDV 2025-1A A2                                        | CUSIP: 538908AA2<br>LEI: 254900A6HRP8XHJJGM20 | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $100524.90    | 0.27%             | 2055-12-15      | Fixed         | 5.31%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINANCIAL COMPANY INC                                             | GM 5.35 07/15/27                                       | CUSIP: 37045XEX0<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |     70000 | PA      | $70713.91     | 0.19%             | 2027-07-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| FRANKLIN BSP CAPITAL CORP                                                        | FRBP 7.2 06/15/29                                      | CUSIP: 35250VAB0<br>LEI: 549300KJEVMKATLINB36 | Long             | DBT              | CORP              | US        |     60000 | PA      | $60963.95     | 0.17%             | 2029-06-15      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                                           | 2-Year T-Note Futures, Jun-2026,ETH                    | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        54 | NC      | $-99847.95    | -0.27%            |  |  |  | No            |                  1 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2025-11                                               | VERUS 2025-11 A1                                       | CUSIP: 924935AC3<br>LEI: 213800H1O4C5SRNN4B66 | Long             | ABS-O            | CORP              | US        |    189856 | PA      | $189467.49    | 0.52%             | 2070-11-25      | Variable      | 4.91%                 | No            |                  2 | On Loan: No      |
| BHMS COMMERCIAL MORTGAGE TRUST 2025-ATLS                                         | BHMS 2025-ATLS A                                       | CUSIP: 088928AA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $100307.16    | 0.27%             | 2042-08-15      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| HOST HOTELS & RESORTS LP                                                         | HST 4.25 12/15/28                                      | CUSIP: 44107TBE5<br>LEI: FXB7X4WXVA8QPMNOGS12 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24762.06     | 0.07%             | 2028-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | RY V4.498 08/06/29                                     | CUSIP: 78017DAK4<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    215000 | PA      | $215236.77    | 0.59%             | 2029-08-06      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ARES STRATEGIC INCOME FUND                                                       | ARESSI 5.45 09/09/28 144A                              | CUSIP: 04020EAL1<br>LEI: 549300IANZJVZPTICV54 | Long             | DBT              | CORP              | US        |    175000 | PA      | $173847.67    | 0.47%             | 2028-09-09      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES INC                                                            | AAL 5.75 04/20/29 144A                                 | CUSIP: 00253XAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $30042.27     | 0.08%             | 2029-04-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BRITISH COLUMBIA (BC), PROVINCE OF - MINISTRY OF FINANCE AND CORPORATE RELATIONS | BRCOL 4.7 01/24/28                                     | CUSIP: 11070TAN8<br>LEI: 54930058TO7MEKUHWL16 | Long             | DBT              | MUN               | CA        |    300000 | PA      | $303725.56    | 0.83%             | 2028-01-24      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| BDS 2026-FL17 LLC                                                                | BDS 2026-FL17 AS                                       | CUSIP: 05494WAC5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    100000 | PA      | $100000.00    | 0.27%             | 2043-05-19      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST 2021-HQA3                                          | STACR 2021-HQA3 B2                                     | CUSIP: 35564KKL2<br>LEI: 5493000ISHRHX47NOH65 | Long             | ABS-O            | USGSE             | US        |    200000 | PA      | $203574.66    | 0.55%             | 2041-09-25      | Floating      | 9.90%                 | No            |                  2 | On Loan: No      |
| CARMAX AUTO OWNER TRUST 2024-3                                                   | CARMX 2024-3 D                                         | CUSIP: 14319GAH4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    150000 | PA      | $152530.97    | 0.42%             | 2031-01-15      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                                           | Ultra 10-Year U.S. Treasury Note Futures, Jun-2026,ETH | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |         4 | NC      | $798.84       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | WFC V4.97 04/23/29                                     | CUSIP: 95000U3T8<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    160000 | PA      | $161491.49    | 0.44%             | 2029-04-23      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| ARCELORMITTAL SA                                                                 | MTNA 6.55 11/29/27                                     | CUSIP: 03938LBE3<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $205841.87    | 0.56%             | 2027-11-29      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| LAD AUTO RECEIVABLES TRUST 2026-1                                                | LADAR 2026-1A A3                                       | CUSIP: 505708AC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    400000 | PA      | $396493.68    | 1.08%             | 2031-04-15      | Fixed         | 3.92%                 | No            |                  2 | On Loan: No      |
| TTM TECHNOLOGIES INC                                                             | TTMI 4 03/01/29 144A                                   | CUSIP: 87305RAK5<br>LEI: 549300SC4BDOIS008048 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19361.62     | 0.05%             | 2029-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT (WORLD BANK)               | IBRD 4.75 07/30/29 GDIF                                | CUSIP: 45906M5K3<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | US        |    220000 | PA      | $220184.56    | 0.60%             | 2029-07-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| DRIVE AUTO RECEIVABLES TRUST 2025-2                                              | DRIVE 2025-2 D                                         | CUSIP: 262103AG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $199242.44    | 0.54%             | 2032-12-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| DRIVEN BRANDS FUNDING LLC                                                        | HONK 2025-1A A2                                        | CUSIP: 26209XAK7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     99500 | PA      | $90062.18     | 0.25%             | 2055-10-20      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| BX TRUST 2018-BILT                                                               | BX 2024-BIO A                                          | CUSIP: 05612AAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $200035.44    | 0.55%             | 2041-02-15      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| SUCI SECOND INVESTMENT COMPANY                                                   | PIFKSA 6 10/25/28                                      | CUSIP: 000000000<br>LEI: 558600VUMCHBIHACQF76 | Long             | DBT              | CORP              | KY        |    250000 | PA      | $257904.16    | 0.70%             | 2028-10-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP LLC                                                       | ACGCAP 4.75 04/14/27 144A                              | CUSIP: 05369AAR2<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |     45000 | PA      | $45161.87     | 0.12%             | 2027-04-14      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                                                | SWOP IRS USD                                           | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DIR              | CORP              | GB        |   4000000 | NC      | $106421.72    | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST 2019-R04                                     | CAS 2019-R04 2B1                                       | CUSIP: 20753TAC7<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |    130168 | PA      | $130939.68    | 0.36%             | 2039-06-27      | Floating      | 9.01%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | SANTAN V5.365 07/15/28 *                               | CUSIP: 05964HBF1<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $202017.59    | 0.55%             | 2028-07-15      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST 2022-R07                                     | CAS 2022-R07 1B2                                       | CUSIP: 20754MAL1<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |    250000 | PA      | $278948.38    | 0.76%             | 2042-06-25      | Floating      | 15.65%                | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                                          | HYNMTR 4.25 01/08/29 144A                              | CUSIP: 44891AED5<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |     80000 | PA      | $79157.06     | 0.22%             | 2029-01-08      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| VASA TRUST 2021-VASA                                                             | VASA 2021-VASA A                                       | CUSIP: 92230AAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $196956.16    | 0.54%             | 2039-07-15      | Floating      | 4.67%                 | No            |                  2 | On Loan: No      |
| M&T BANK CORP                                                                    | MTB V4.833 01/16/29 MTN                                | CUSIP: 55261FAU8<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |     70000 | PA      | $70308.74     | 0.19%             | 2029-01-16      | Fixed         | 4.83%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                      | ORCL 4.55 02/04/29                                     | CUSIP: 68389XDW2<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    130000 | PA      | $128448.81    | 0.35%             | 2029-02-04      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP OF AMERICA FINANCE LLC                                          | VW 5.3 03/22/27 144A                                   | CUSIP: 928668CF7<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |    250000 | PA      | $252128.62    | 0.69%             | 2027-03-22      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINANCIAL GROUP INC                                              | SUMIBK 1.902 09/17/28                                  | CUSIP: 86562MCG3<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $188488.79    | 0.51%             | 2028-09-17      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| OBX 2024-NQM14 TRUST                                                             | OBX 2024-NQM14 A1                                      | CUSIP: 67119XAC8<br>LEI: 254900C7ZCEHM7Y5MX79 | Long             | ABS-O            | CORP              | US        |     59149 | PA      | $59153.37     | 0.16%             | 2064-09-25      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| SFS AUTO RECEIVABLES SECURITIZATION TRUST 2026-1                                 | SFAST 2026-1A A3                                       | CUSIP: 81885FAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $198417.84    | 0.54%             | 2031-07-20      | Fixed         | 3.96%                 | No            |                  2 | On Loan: No      |
| HEWLETT PACKARD ENTERPRISE COMPANY                                               | HPE 4.15 09/15/28                                      | CUSIP: 42824CBZ1<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |    130000 | PA      | $128909.14    | 0.35%             | 2028-09-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| ENERFLEX INC                                                                     | EFXINC 6.875 01/15/31 144A                             | CUSIP: 29281WAA6<br>LEI: 549300SQCOV1LC1GBK07 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25767.95     | 0.07%             | 2031-01-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| DANSKE BANK A/S                                                                  | DANBNK V4.298 04/01/28 144A                            | CUSIP: 23636ABC4<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |    210000 | PA      | $209777.11    | 0.57%             | 2028-04-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST 2022-DNA1                                          | STACR 2022-DNA1 B2                                     | CUSIP: 35564KQZ5<br>LEI: 5493000ISBDRXIMCHZ70 | Long             | ABS-O            | USGSE             | US        |    150000 | PA      | $155885.96    | 0.42%             | 2042-01-27      | Floating      | 10.75%                | No            |                  2 | On Loan: No      |
| ABN AMRO BANK NV                                                                 | ABNANV V6.339 09/18/27 144A                            | CUSIP: 00084DBA7<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $201405.76    | 0.55%             | 2027-09-18      | Fixed         | 6.34%                 | No            |                  2 | On Loan: No      |
| AMERICAN CREDIT ACCEPTANCE RECEIVABLES TRUST 2014/1                              | ACAR 2023-1 E                                          | CUSIP: 02530UAJ7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $256415.05    | 0.70%             | 2029-12-12      | Fixed         | 9.79%                 | No            |                  2 | On Loan: No      |
| RCKT MORTGAGE TRUST 2025-CES6                                                    | RCKT 2025-CES6 A1A                                     | CUSIP: 748949AA2<br>LEI: 2549002LEW4WNQBOMB89 | Long             | ABS-O            | CORP              | US        |    147528 | PA      | $148257.95    | 0.40%             | 2055-06-25      | Variable      | 5.47%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CAS 2024-R02 1M2                                       | CUSIP: 20754GAE0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    100000 | PA      | $100733.57    | 0.27%             | 2044-02-25      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATIONS LP                                                     | HESM 5.875 03/01/28 144A                               | CUSIP: 428102AH0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $101037.20    | 0.28%             | 2028-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                     | UBS V6.327 12/22/27 144A                               | CUSIP: 225401BC1<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    200000 | PA      | $202396.11    | 0.55%             | 2027-12-22      | Fixed         | 6.33%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SA                                                                   | BNP V4.792 05/09/29 144A                               | CUSIP: 09659W3C6<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    215000 | PA      | $215660.57    | 0.59%             | 2029-05-09      | Fixed         | 4.79%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATING COMPANY INC                                            | HLT 5.875 04/01/29 144A                                | CUSIP: 432833AP6<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |     40000 | PA      | $40573.60     | 0.11%             | 2029-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| NXP BV                                                                           | NXPI 4.3 08/19/28                                      | CUSIP: 62954HBF4<br>LEI: 724500RKKW4NOJ9YQF60 | Long             | DBT              | CORP              | NL        |     95000 | PA      | $94747.33     | 0.26%             | 2028-08-19      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC (THE)                                                    | GS V4.937 04/23/28                                     | CUSIP: 38141GC77<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    110000 | PA      | $110531.14    | 0.30%             | 2028-04-23      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| ALLY BANK                                                                        | ABCLN 2025-B D                                         | CUSIP: 02007G6R9<br>LEI: 549300C04BJ0G297NC13 | Long             | ABS-O            | CORP              | US        |    198973 | PA      | $198867.29    | 0.54%             | 2033-09-15      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                                                                        | SUN 7 05/01/29 144A                                    | CUSIP: 86765KAB5<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25829.55     | 0.07%             | 2029-05-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| SVENSK EXPORTKREDIT AB                                                           | SEK 4.125 06/14/28                                     | CUSIP: 87031CAL7<br>LEI: 1FOLRR5RWTWWI397R131 | Long             | DBT              | NUSS              | SE        |    500000 | PA      | $501756.48    | 1.37%             | 2028-06-14      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                           | ASIA F 06/20/28 GMTN                                   | CUSIP: 04517PBZ4<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | PH        |    350000 | PA      | $350394.31    | 0.96%             | 2028-06-20      | Floating      | 3.95%                 | No            |                  2 | On Loan: No      |
| NEW RESIDENTIAL MORTGAGE LOAN TRUST 2017-4                                       | NRZT 2017-4A A1                                        | CUSIP: 64829NAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    129571 | PA      | $124979.60    | 0.34%             | 2057-05-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| SYNOPSYS INC                                                                     | SNPS 4.65 04/01/28                                     | CUSIP: 871607AB3<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |     90000 | PA      | $90560.64     | 0.25%             | 2028-04-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2024-R1                                               | VERUS 2024-R1 A1                                       | CUSIP: 924926AA6<br>LEI: 213800A8V9BALJ9WKP38 | Long             | ABS-O            | CORP              | US        |     74401 | PA      | $74507.31     | 0.20%             | 2069-09-25      | Fixed         | 5.22%                 | No            |                  2 | On Loan: No      |
| TERRAFORM POWER OPERATING LLC                                                    | TERP 5 01/31/28 144A                                   | CUSIP: 88104LAE3<br>LEI: 5493000S2OLR3UT5BE13 | Long             | DBT              | CORP              | US        |     70000 | PA      | $69351.15     | 0.19%             | 2028-01-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SKANDINAVISKA ENSKILDA BANKEN AB                                                 | SEB 4 03/12/29 144A                                    | CUSIP: 83051B2C2<br>LEI: F3JS33DEI6XQ4ZBPTN86 | Long             | DBT              | CORP              | SE        |    200000 | PA      | $198381.08    | 0.54%             | 2029-03-12      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PARK INTERMEDIATE HOLDINGS LLC                                                   | PK 4.875 05/15/29 144A                                 | CUSIP: 70052LAC7<br>LEI: 549300HJUVLG7EAGZV92 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4866.64      | 0.01%             | 2029-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| HOTWIRE FUNDING LLC                                                              | HWIRE 2021-1 B                                         | CUSIP: 44148JAB5<br>LEI: 254900ZCO90MCT7Y9348 | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $98780.96     | 0.27%             | 2051-11-20      | Fixed         | 2.66%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINANCIAL COMPANY INC                                             | GM 5.05 04/04/28                                       | CUSIP: 37045XFE1<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100909.63    | 0.28%             | 2028-04-04      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | C V4.786 03/04/29                                      | CUSIP: 17327CAW3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    210000 | PA      | $211040.28    | 0.58%             | 2029-03-04      | Fixed         | 4.79%                 | No            |                  2 | On Loan: No      |
| BX TRUST 2024-VLT4                                                               | BX 2024-VLT4 B                                         | CUSIP: 05612TAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    191900 | PA      | $191460.30    | 0.52%             | 2041-06-17      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA (THE)                                                        | BNS V4.932 02/14/29                                    | CUSIP: 06418GAP2<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    145000 | PA      | $146285.93    | 0.40%             | 2029-02-14      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK OF COMMERCE                                               | CM 4.414 06/08/28 144A                                 | CUSIP: 13607GSE5<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    700000 | PA      | $704653.42    | 1.92%             | 2028-06-08      | Fixed         | 4.41%                 | No            |                  2 | On Loan: No      |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT                             | T 3.75 01/31/31                                        | CUSIP: 91282CPW5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    305000 | PA      | $301544.92    | 0.82%             | 2031-01-31      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| NATIONAL BANK OF CANADA                                                          | NACN V4.166 01/20/29                                   | CUSIP: 63307A3K9<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |    250000 | PA      | $248778.28    | 0.68%             | 2029-01-20      | Fixed         | 4.17%                 | No            |                  2 | On Loan: No      |
| CF 2019-CF1                                                                      | CF 2019-CF1 XA                                         | CUSIP: 12529MAG3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2738813 | PA      | $61185.90     | 0.17%             | 2052-05-17      | Variable      | 1.27%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | WFC V4.078 09/15/29                                    | CUSIP: 95000U4A8<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    195000 | PA      | $193060.57    | 0.53%             | 2029-09-15      | Fixed         | 4.08%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST 2024-R06                                     | CAS 2024-R06 1M2                                       | CUSIP: 20755RAC9<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |     70772 | PA      | $70912.11     | 0.19%             | 2044-09-26      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| SALESFORCE INC                                                                   | CRM 4.5 03/15/28                                       | CUSIP: 79466LAQ7<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | DBT              | CORP              | US        |    170000 | PA      | $170199.45    | 0.46%             | 2028-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS PRIVATE CREDIT CORP                                                | GSCRED 5.375 01/31/29 144A                             | CUSIP: 38152BAE1<br>LEI: 549300TD27G6372IYJ65 | Long             | DBT              | CORP              | US        |     90000 | PA      | $88896.33     | 0.24%             | 2029-01-31      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS COMPANY LLC                                                    | VST 5.05 12/30/26 144A                                 | CUSIP: 92840VAT9<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25107.93     | 0.07%             | 2026-12-30      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CORP                                                       | COF V7.149 10/29/27                                    | CUSIP: 14040HDB8<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75963.43     | 0.21%             | 2027-10-29      | Fixed         | 7.15%                 | No            |                  2 | On Loan: No      |
| BNG BANK NV                                                                      | BNG 3.625 10/01/26 REGS                                | CUSIP: 000000000<br>LEI: 529900GGYMNGRQTDOO93 | Long             | DBT              | NUSS              | NL        |    300000 | PA      | $299808.62    | 0.82%             | 2026-10-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                                                    | CCL 5.75 03/15/30 144A                                 | CUSIP: 143658BY7<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |     35000 | PA      | $35526.54     | 0.10%             | 2030-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SANTANDER DRIVE AUTO RECEIVABLES TRUST 2022-2                                    | SDART 2026-1 A3                                        | CUSIP: 80288FAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    400000 | PA      | $398067.56    | 1.08%             | 2030-07-15      | Fixed         | 3.93%                 | No            |                  2 | On Loan: No      |
| CHILE, REPUBLIC OF - MINISTRY OF FINANCE                                         | CHILE 2.75 01/31/27                                    | CUSIP: 168863DX3<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    250000 | PA      | $247412.50    | 0.67%             | 2027-01-31      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-06-22

**Name of Applicant:** PAYDEN & RYGEL INVESTMENT GROUP

**Signature:** Sandi Brents

**Name of Signer:** Sandi Brents

**Title:** Compliance Officer