# EDGAR Filing Document

**Accession Number:** 0001100663
**File Stem:** 0001752724-23-012298
**Filing Date:** 2023-1
**Character Count:** 2057744
**Document Hash:** 22126a5d11dafdabd9cd599576cb66cd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-012298.hdr.sgml**: 20230125

**ACCESSION NUMBER**: 0001752724-23-012298

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230125

**DATE AS OF CHANGE**: 20230125

**PERIOD START**: 20230228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** iSHARES TRUST
- **CENTRAL INDEX KEY:** 0001100663
- **IRS NUMBER:** 943351276
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09729
- **FILM NUMBER:** 23551457

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

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

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

## Series and Classes Contracts Data

### iShares ESG Advanced Total USD Bond Market ETF (Series ID: S000068817)

| Class ID   | Class Name                                     | Ticker Symbol   |
|:---|:---|:---|
| C000219898 | iShares ESG Advanced Total USD Bond Market ETF | EUSB            |

## Nport-Ex

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) | **iShares**<sup>®</sup> **ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Asset-Backed Securities** |  |  |
| American Express Credit Account Master Trust Series 2022-2, Class A, 3.39%, 05/15/27. | $1000 | $966431 |
| BA Credit Card Trust Series 2021-A1, Class A1, 0.44%, 09/15/26 | 400 | 375406 |
| Santander Drive Auto Receivables Trust Series 2021-3, Class C, 0.95%, 09/15/27 | 170 | 163627 |
| Toyota Auto Receivables Owner Trust Series 2021-B, |  |  |
| Class A4, 0.53%, 10/15/26 | 75 | 67793 |
| Verizon Master Trust Series 2021-1, Class A, 0.50%, 05/20/27 (Call 05/20/24) | 100 | 93243 |
| **Total Asset-Backed Securities — 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $1,744,770)** |  | 1666500 |
| **Collaterized Mortgage Obligations** |  |  |
| **Mortgage-Backed Securities — 1.1%** |  |  |
| Barclays Commercial Mortgage Trust, Series 2019-C3, Class A4, 3.58%, 05/15/52 (Call 05/15/29) | 100 | 90692 |
| BBCMS Mortgage Trust, Series 2021-C11, Class A5, 2.32%, 09/15/54 | 200 | 161022 |
| BBCMS Trust, Series 2021-C10, Class A5, 2.49%, 07/15/54 | 460 | 379187 |
| Benchmark Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.59%, 05/15/55<sup>(a)</sup> | 3000 | 2871937 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-B4, Class ASB, 4.06%, 07/15/51 (Call 07/15/28)<sup>(a)</sup> | 1000 | 958194 |
| &nbsp;&nbsp;&nbsp;Series 2020-B16, Class A5, 2.73%, 02/15/53 (Call 02/15/30) | 100 | 85659 |
| &nbsp;&nbsp;&nbsp;Series 2020-B21, Class A4, 1.70%, 12/17/53 | 100 | 79142 |
| CGMS Commercial Mortgage Trust, Series 2017-B1 AAB3.24%, 08/15/50 | 144 | 136374 |
| Commission Mortgage Trust, Series 2015-CR25, Class A4, 3.76%, 08/10/48 (Call 08/10/25) | 1000 | 953679 |
| CSAIL Commercial Mortgage Trust, Series 2015-C1, Class A4, 3.51%, 04/15/50 (Call 03/15/25) | 155 | 147551 |
| GS Mortgage Securities Trust, Series 2017-GS7, Class AAB, 3.20%, 08/10/50 | 684 | 649354 |
| JPMBB Commercial Mortgage Securities Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2014-C21, Class A5, 3.77%, 08/15/47 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Call 07/15/24) | 75 | 72641 |
| &nbsp;&nbsp;&nbsp;Series 2015-C29, Class A4, 3.61%, 05/15/48 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Call 06/15/28) | 172 | 163560 |
| Morgan Stanley Bank of America Merrill Lynch Trust, Series 2016-C32, Class A4, 3.72%, 12/15/49. | 100 | 93613 |
| UBS Commercial Mortgage Trust, Series 2018-C13 ASB4.24%, 10/15/51 | 100 | 96065 |
| Wells Fargo Commercial Mortgage Trust Series 2017-RC1, Class A4, 3.63%, 01/15/60 (Call 03/15/27) | 150 | 139817 |
| &nbsp;&nbsp;&nbsp;Series 2018-C44, Class A5, 4.21%, 05/15/51 | 900 | 853752 |
| &nbsp;&nbsp;&nbsp;Series 2021-C59, Class A5, 2.63%, 04/15/54 | 600 | 494332 |
| WFRBS Commercial Mortgage Trust, Series 2013-UBS1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Class A4, 4.08%, 03/15/46<sup>(a)</sup> | 89 | 87368 |
|  |  | 8513939 |
| **Total Collaterized Mortgage Obligations — 1.1%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $9,727,042)** |  | 8513939 |
| **Corporate Bonds & Notes** |  |  |
| **Advertising — 0.1%** |  |  |
| Clear Channel International BV, 6.63%, 08/01/25 (Call 12/12/22)<sup>(b)</sup> | 30 | 28530 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Advertising (continued)** |  |  |
| Clear Channel Outdoor Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 08/15/27 (Call 01/03/23)<sup>(b)</sup> | $95 | $82580 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 06/01/29 (Call 06/01/24)<sup>(b)</sup> | 80 | 59390 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.75%, 04/15/28 (Call 04/15/24)<sup>(b)(c)</sup> | 75 | 56271 |
| Interpublic Group of Companies Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;2.40%, 03/01/31 (Call 12/01/30) | 50 | 39562 |
| &nbsp;&nbsp;&nbsp;3.38%, 03/01/41 (Call 09/01/40) | 48 | 33981 |
| &nbsp;&nbsp;&nbsp;4.75%, 03/30/30 (Call 12/30/29) | 68 | 64333 |
| &nbsp;&nbsp;&nbsp;5.40%, 10/01/48 (Call 04/01/48) | 70 | 64506 |
| Outfront Media Capital LLC/Outfront Media Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 01/15/29 (Call 01/15/24)<sup>(b)</sup> | 42 | 35409 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 03/15/30 (Call 03/15/25)<sup>(b)</sup> | 40 | 33759 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 08/15/27 (Call 12/12/22)<sup>(b)</sup> | 55 | 50300 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 06/15/25 (Call 01/03/23)<sup>(b)</sup> | 35 | 34835 |
| WPP Finance 2010, 3.75%, 09/19/24 | 255 | 246422 |
|  |  | 829878 |
| **Aerospace & Defense — 0.1%** |  |  |
| Hexcel Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.20%, 02/15/27 (Call 11/15/26) | 30 | 28017 |
| &nbsp;&nbsp;&nbsp;4.95%, 08/15/25 (Call 05/15/25) | 39 | 38440 |
| Howmet Aerospace Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 01/15/29 (Call 11/15/28) | 56 | 47309 |
| &nbsp;&nbsp;&nbsp;5.13%, 10/01/24 (Call 07/01/24) | 105 | 104010 |
| &nbsp;&nbsp;&nbsp;5.90%, 02/01/27 | 51 | 51228 |
| &nbsp;&nbsp;&nbsp;5.95%, 02/01/37 | 40 | 38166 |
| &nbsp;&nbsp;&nbsp;6.75%, 01/15/28 | 35 | 35754 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 05/01/25 (Call 04/01/25)<sup>(c)</sup> | 49 | 50084 |
| Triumph Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 09/15/24 (Call 01/03/23)<sup>(b)</sup> | 35 | 33275 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.75%, 08/15/25 (Call 01/03/23)<sup>(c)</sup> | 35 | 30312 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.88%, 06/01/24 (Call 02/01/23)<sup>(b)</sup> | 59 | 60748 |
|  |  | 517343 |
| **Agriculture — 0.0%** |  |  |
| Darling Ingredients Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 04/15/27 (Call 12/12/22)<sup>(b)</sup> | 45 | 43897 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 06/15/30 (Call 06/15/25)<sup>(b)</sup> | 75 | 73476 |
|  |  | 117373 |
| **Airlines — 0.0%** |  |  |
| Gol Finance SA, 7.00%, 01/31/25 (Call 01/31/23)<sup>(d)</sup> | 50 | 20804 |
| Hawaiian Brand Intellectual Property Ltd./HawaiianMiles Loyalty Ltd., 5.75%, 01/20/26 (Call 01/20/24)<sup>(b)</sup> | 90 | 85283 |
|  |  | 106087 |
| **Apparel — 0.1%** |  |  |
| Crocs Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 08/15/31 (Call 08/15/26)<sup>(b)</sup> | 30 | 24025 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 03/15/29 (Call 03/15/24)<sup>(b)</sup> | 25 | 20762 |
| Hanesbrands Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 05/15/24 (Call 02/15/24)<sup>(b)</sup> | 56 | 54119 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 05/15/26 (Call 02/15/26)<sup>(b)</sup> | 68 | 61896 |
| Kontoor Brands Inc., 4.13%, 11/15/29 (Call 11/15/24)<sup>(b)</sup> | 35 | 28941 |
| PVH Corp., 4.63%, 07/10/25 (Call 06/10/25) | 125 | 121204 |
| Ralph Lauren Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.95%, 06/15/30 (Call 03/15/30) | 5 | 4371 |
| &nbsp;&nbsp;&nbsp;3.75%, 09/15/25 (Call 07/15/25) | 10 | 9780 |
| Tapestry Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.05%, 03/15/32 (Call 12/15/31) | 25 | 19356 |
| &nbsp;&nbsp;&nbsp;4.13%, 07/15/27 (Call 04/15/27) | 73 | 67906 |
| Under Armour Inc., 3.25%, 06/15/26 (Call 03/15/26) | 45 | 39992 |
| VF Corp., 2.95%, 04/23/30 (Call 01/23/30) | 160 | 134421 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Apparel (continued)** |  |  |
| William Carter Co. (The), 5.63%, 03/15/27 (Call 01/03/23)<sup>(b)</sup> | $45 | $43360 |
| Wolverine World Wide Inc., 4.00%, 08/15/29 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 08/15/24)<sup>(b)</sup> | 45 | 34005 |
|  |  | 664138 |
| **Auto Manufacturers — 0.3%** |  |  |
| Aston Martin Capital Holdings Ltd., 10.50%, 11/30/25 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 11/01/24)<sup>(b)</sup> | 90 | 86685 |
| BMW Finance NV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.40%, 08/14/24 (Call 07/14/24)<sup>(b)</sup> | 265 | 254241 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.85%, 08/14/29 (Call 05/14/29)<sup>(b)</sup> | 95 | 83707 |
| BMW U.S. Capital LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.80%, 04/01/24<sup>(b)</sup> | 250 | 237030 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.25%, 08/12/26 (Call 07/12/26)<sup>(b)</sup> | 25 | 21954 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.55%, 04/01/31 (Call 01/01/31)<sup>(b)</sup> | 100 | 83887 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.80%, 04/11/26 (Call 01/11/26)<sup>(b)</sup> | 255 | 239570 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.15%, 04/18/24 (Call 03/18/24)<sup>(b)</sup> | 15 | 14639 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.30%, 04/06/27 (Call 01/06/27)<sup>(b)</sup> | 15 | 14105 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.70%, 04/01/32 (Call 01/01/32)<sup>(b)</sup> | 10 | 9070 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.90%, 04/09/25 (Call 03/09/25)<sup>(b)</sup> | 90 | 88245 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.95%, 08/14/28 (Call 05/14/28)<sup>(b)</sup> | 125 | 119069 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.15%, 04/09/30 (Call 01/09/30)<sup>(b)</sup> | 70 | 66754 |
| Cummins Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.75%, 09/01/25 (Call 08/01/25) | 22 | 19868 |
| &nbsp;&nbsp;&nbsp;1.50%, 09/01/30 (Call 06/01/30) | 60 | 48014 |
| &nbsp;&nbsp;&nbsp;2.60%, 09/01/50 (Call 03/01/50) | 100 | 64348 |
| &nbsp;&nbsp;&nbsp;4.88%, 10/01/43 (Call 04/01/43) | 55 | 52645 |
| Daimler Trucks Finance North America LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.13%, 12/14/23<sup>(b)</sup> | 65 | 62318 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.38%, 12/14/28<sup>(b)</sup> | 220 | 184723 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 12/14/31<sup>(b)</sup> | 75 | 58706 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.65%, 04/07/27<sup>(b)</sup> | 10 | 9299 |
| Harley-Davidson Financial Services Inc., 3.35%, 06/08/25 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 05/08/25)<sup>(b)</sup> | 238 | 224448 |
| PACCAR Financial Corp. |  |  |
| &nbsp;&nbsp;&nbsp;0.35%, 02/02/24 | 10 | 9504 |
| &nbsp;&nbsp;&nbsp;1.10%, 05/11/26 | 55 | 49323 |
| &nbsp;&nbsp;&nbsp;1.80%, 02/06/25 | 70 | 66081 |
| &nbsp;&nbsp;&nbsp;2.15%, 08/15/24 | 15 | 14333 |
| Wabash National Corp., 4.50%, 10/15/28 (Call 10/15/24)<sup>(b)</sup> | 35 | 29707 |
|  |  | 2212273 |
| **Auto Parts & Equipment — 0.2%** |  |  |
| American Axle & Manufacturing Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 10/01/29 (Call 10/01/24)<sup>(c)</sup> | 55 | 47805 |
| &nbsp;&nbsp;&nbsp;6.25%, 03/15/26 (Call 12/12/22) | 16 | 15247 |
| &nbsp;&nbsp;&nbsp;6.50%, 04/01/27 (Call 01/03/23) | 35 | 32923 |
| &nbsp;&nbsp;&nbsp;6.88%, 07/01/28 (Call 07/01/23) | 30 | 28880 |
| Aptiv PLC |  |  |
| &nbsp;&nbsp;&nbsp;3.10%, 12/01/51 (Call 06/01/51) | 85 | 52989 |
| &nbsp;&nbsp;&nbsp;4.35%, 03/15/29 (Call 12/15/28) | 12 | 11179 |
| &nbsp;&nbsp;&nbsp;4.40%, 10/01/46 (Call 04/01/46) | 2 | 1486 |
| &nbsp;&nbsp;&nbsp;5.40%, 03/15/49 (Call 09/15/48) | 70 | 61027 |
| Aptiv PLC/Aptiv Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 03/01/32 (Call 12/01/31) | 5 | 4212 |
| &nbsp;&nbsp;&nbsp;4.15%, 05/01/52 (Call 11/01/51) | 115 | 86838 |
| BorgWarner Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.65%, 07/01/27 (Call 05/01/27) | 235 | 211721 |
| &nbsp;&nbsp;&nbsp;4.38%, 03/15/45 (Call 09/15/44) | 15 | 11749 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 10/01/25<sup>(b)</sup> | 115 | 113141 |
| Cooper-Standard Automotive Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 11/15/26 (Call 12/16/22)<sup>(b)</sup> | 20 | 8413 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Auto Parts & Equipment (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;13.00%, 06/01/24 (Call 01/03/23)<sup>(b)(c)</sup> | $25 | $26168 |
| Dana Financing Luxembourg Sarl, 5.75%, 04/15/25 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 01/02/23)<sup>(b)</sup> | 25 | 24471 |
| Dana Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 09/01/30 (Call 05/01/26) | 35 | 28327 |
| &nbsp;&nbsp;&nbsp;4.50%, 02/15/32 (Call 02/15/27) | 26 | 20562 |
| &nbsp;&nbsp;&nbsp;5.38%, 11/15/27 (Call 12/12/22) | 35 | 32219 |
| &nbsp;&nbsp;&nbsp;5.63%, 06/15/28 (Call 06/15/23) | 30 | 27598 |
| Lear Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 05/30/30 (Call 02/28/30) | 10 | 8535 |
| &nbsp;&nbsp;&nbsp;3.55%, 01/15/52 (Call 07/15/51) | 35 | 21966 |
| &nbsp;&nbsp;&nbsp;3.80%, 09/15/27 (Call 06/15/27) | 20 | 18773 |
| &nbsp;&nbsp;&nbsp;4.25%, 05/15/29 (Call 02/15/29) | 40 | 36403 |
| &nbsp;&nbsp;&nbsp;5.25%, 05/15/49 (Call 11/15/48) | 80 | 67374 |
| Magna International Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.45%, 06/15/30 (Call 03/15/30) | 45 | 37502 |
| &nbsp;&nbsp;&nbsp;3.63%, 06/15/24 (Call 03/15/24) | 205 | 200631 |
| &nbsp;&nbsp;&nbsp;4.15%, 10/01/25 (Call 07/01/25) | 107 | 105198 |
|  |  | 1343337 |
| **Banks — 7.3%** |  |  |
| ABN AMRO Bank NV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.54%, 06/16/27 (Call 06/16/26)<sup>(a)(b)</sup> | 285 | 244487 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.47%, 12/13/29 (Call 12/13/28)<sup>(a)(b)</sup> | 50 | 40587 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.32%, 03/13/37 (Call 12/13/31)<sup>(a)(b)</sup> | 50 | 36368 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 07/28/25<sup>(b)</sup> | 70 | 67885 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.80%, 04/18/26<sup>(b)</sup> | 200 | 191222 |
| Agricultural Bank of China Ltd./Hong Kong, 0.70%, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;06/17/24<sup>(d)</sup> | 200 | 187970 |
| Agricultural Bank Of China Ltd./Singapore, 1.25%, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;03/02/26<sup>(d)</sup> | 200 | 181488 |
| AIB Group PLC, 4.26%, 04/10/25 (Call 04/10/24)<sup>(a)(b)</sup> | 200 | 192602 |
| Banco de Credito del Peru S.A., 3.13%, 07/01/30 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 07/01/25)<sup>(a)(d)</sup> | 100 | 90763 |
| Banco do Brasil SA/Cayman, 4.63%, 01/15/25 | 200 | 195026 |
| Banco Santander Chile, 3.18%, 10/26/31 (Call 07/28/31)<sup>(c)(d)</sup> | 150 | 125184 |
| Bancolombia SA, 3.00%, 01/29/25 (Call 12/29/24) | 210 | 196192 |
| Bangkok Bank PCL/Hong Kong, 3.47%, 09/23/36 (Call 09/23/31) | 200 | 158732 |
| Bank of China Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 04/20/27<sup>(d)</sup> | 200 | 193012 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 11/13/24<sup>(d)</sup> | 400 | 397288 |
| Bank of Montreal |  |  |
| &nbsp;&nbsp;&nbsp;0.63%, 07/09/24 | 110 | 102653 |
| &nbsp;&nbsp;&nbsp;0.95%, 01/22/27 (Call 01/22/26), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.603%)<sup>(a)</sup> | 15 | 13287 |
| &nbsp;&nbsp;&nbsp;1.25%, 09/15/26 | 220 | 193241 |
| &nbsp;&nbsp;&nbsp;1.85%, 05/01/25 | 125 | 116814 |
| &nbsp;&nbsp;&nbsp;2.50%, 06/28/24 | 359 | 345563 |
| &nbsp;&nbsp;&nbsp;2.65%, 03/08/27 | 50 | 45834 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.09%, 01/10/37 (Call 01/10/32)<sup>(a)</sup> | 5 | 3805 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.80%, 12/15/32 (Call 12/15/27)<sup>(a)</sup> | 165 | 145753 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.34%, 10/05/28 (Call 10/05/23)<sup>(a)</sup> | 158 | 154537 |
| &nbsp;&nbsp;&nbsp;Series E, 3.30%, 02/05/24 | 165 | 162056 |
| &nbsp;&nbsp;&nbsp;Series H, 4.70%, 09/14/27 (Call 08/14/27) | 90 | 89007 |
| Bank of New York Mellon Corp. (The) |  |  |
| &nbsp;&nbsp;&nbsp;0.50%, 04/26/24 (Call 03/26/24) | 60 | 56542 |
| &nbsp;&nbsp;&nbsp;1.05%, 10/15/26 (Call 09/15/26) | 5 | 4370 |
| &nbsp;&nbsp;&nbsp;1.60%, 04/24/25 (Call 03/24/25) | 92 | 85450 |
| &nbsp;&nbsp;&nbsp;1.65%, 07/14/28 (Call 05/14/28) | 10 | 8484 |
| &nbsp;&nbsp;&nbsp;1.65%, 01/28/31 (Call 10/28/30) | 75 | 58951 |
| &nbsp;&nbsp;&nbsp;1.80%, 07/28/31 (Call 04/28/31) | 45 | 35315 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Banks (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;2.05%, 01/26/27 (Call 12/26/26) | $10 | $9021 |
| &nbsp;&nbsp;&nbsp;2.10%, 10/24/24 | 50 | 47754 |
| &nbsp;&nbsp;&nbsp;2.45%, 08/17/26 (Call 05/17/26) | 120 | 111223 |
| &nbsp;&nbsp;&nbsp;2.80%, 05/04/26 (Call 02/04/26) | 120 | 113330 |
| &nbsp;&nbsp;&nbsp;3.00%, 10/30/28 (Call 07/30/28) | 90 | 81696 |
| &nbsp;&nbsp;&nbsp;3.25%, 09/11/24 (Call 08/11/24) | 60 | 58447 |
| &nbsp;&nbsp;&nbsp;3.25%, 05/16/27 (Call 02/16/27) | 120 | 113974 |
| &nbsp;&nbsp;&nbsp;3.30%, 08/23/29 (Call 05/23/29) | 100 | 90168 |
| &nbsp;&nbsp;&nbsp;3.40%, 05/15/24 (Call 04/15/24) | 85 | 83414 |
| &nbsp;&nbsp;&nbsp;3.40%, 01/29/28 (Call 10/29/27) | 165 | 154600 |
| &nbsp;&nbsp;&nbsp;3.44%, 02/07/28 (Call 02/07/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.069%)<sup>(a)</sup> | 185 | 174128 |
| &nbsp;&nbsp;&nbsp;3.85%, 04/28/28 | 112 | 107937 |
| &nbsp;&nbsp;&nbsp;3.95%, 11/18/25 (Call 10/18/25) | 50 | 49215 |
| &nbsp;&nbsp;&nbsp;5.80%, 10/25/28 | 200 | 207502 |
| &nbsp;&nbsp;&nbsp;Series 12, 3.65%, 02/04/24 (Call 01/05/24) | 70 | 69120 |
| &nbsp;&nbsp;&nbsp;Series G, 3.00%, 02/24/25 (Call 01/24/25) | 110 | 106275 |
| &nbsp;&nbsp;&nbsp;Series J, 0.85%, 10/25/24 (Call 09/25/24) | 10 | 9284 |
| &nbsp;&nbsp;&nbsp;Series J, 1.90%, 01/25/29 (Call 11/25/28) | 20 | 16680 |
| Bank of Nova Scotia (The) |  |  |
| &nbsp;&nbsp;&nbsp;0.65%, 07/31/24 | 130 | 120908 |
| &nbsp;&nbsp;&nbsp;0.70%, 04/15/24 | 184 | 173449 |
| &nbsp;&nbsp;&nbsp;1.05%, 03/02/26 | 25 | 22158 |
| &nbsp;&nbsp;&nbsp;1.30%, 06/11/25 | 20 | 18305 |
| &nbsp;&nbsp;&nbsp;1.30%, 09/15/26 | 35 | 30772 |
| &nbsp;&nbsp;&nbsp;1.35%, 06/24/26 | 300 | 266814 |
| &nbsp;&nbsp;&nbsp;2.15%, 08/01/31 | 135 | 107552 |
| &nbsp;&nbsp;&nbsp;2.20%, 02/03/25 | 240 | 226315 |
| &nbsp;&nbsp;&nbsp;2.45%, 02/02/32 | 10 | 8098 |
| &nbsp;&nbsp;&nbsp;2.70%, 08/03/26 | 15 | 13961 |
| &nbsp;&nbsp;&nbsp;3.40%, 02/11/24 | 55 | 54052 |
| &nbsp;&nbsp;&nbsp;4.50%, 12/16/25 | 95 | 93809 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.59%, 05/04/37 (Call 02/04/32)<sup>(a)</sup> | 60 | 51560 |
| Banque Federative du Credit Mutuel SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.65%, 02/27/24<sup>(b)</sup> | 265 | 250441 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.00%, 02/04/25<sup>(b)</sup> | 40 | 36548 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.60%, 10/04/26<sup>(b)</sup> | 40 | 34841 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.38%, 11/21/24<sup>(b)</sup> | 215 | 203166 |
| BDO Unibank Inc., 2.13%, 01/13/26<sup>(d)</sup> | 200 | 180556 |
| BNG Bank NV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.50%, 10/16/24<sup>(b)(c)</sup> | 55 | 51992 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.63%, 02/27/24<sup>(b)</sup> | 50 | 48755 |
| BNP Paribas SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.32%, 01/13/27 (Call 01/13/26)<sup>(a)(b)</sup> | 225 | 196330 |
| &nbsp;&nbsp;&nbsp;1.90%, 09/30/28 (Call 09/30/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.609%)<sup>(a)(b)</sup> | 200 | 164970 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.22%, 06/09/26 (Call 06/09/25)<sup>(a)(b)</sup> | 215 | 197413 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.59%, 01/20/28 (Call 01/20/27)<sup>(a)(b)</sup> | 200 | 175448 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.82%, 01/26/41<sup>(b)(c)</sup> | 235 | 147169 |
| &nbsp;&nbsp;&nbsp;2.87%, 04/19/32 (Call 04/19/31), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.387%)<sup>(a)(b)</sup> | 220 | 173785 |
| &nbsp;&nbsp;&nbsp;3.05%, 01/13/31 (Call 01/13/30), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.507%)<sup>(a)(b)</sup> | 225 | 186086 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 05/12/26<sup>(b)</sup> | 200 | 191976 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.40%, 08/14/28<sup>(b)</sup> | 230 | 216897 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 03/13/27<sup>(b)</sup> | 250 | 238790 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.71%, 01/10/25 (Call 01/10/24)<sup>(a)(b)</sup> | 255 | 251981 |
| &nbsp;&nbsp;&nbsp;5.20%, 01/10/30 (Call 01/10/29), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 2.567%)<sup>(a)(b)</sup> | 150 | 143717 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Banks (continued)** |  |  |
| BPCE SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.00%, 01/20/26<sup>(b)</sup> | $90 | $79113 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.65%, 10/06/26 (Call 10/06/25)<sup>(a)(b)</sup> | 165 | 145251 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.38%, 01/14/25<sup>(b)</sup> | 360 | 334606 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.70%, 10/01/29<sup>(b)(c)</sup> | 75 | 63155 |
| &nbsp;&nbsp;&nbsp;3.12%, 10/19/32 (Call 10/19/31), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.730%)<sup>(a)(b)</sup> | 60 | 43427 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 01/11/28<sup>(b)</sup> | 250 | 225262 |
| &nbsp;&nbsp;&nbsp;3.38%, 12/02/26 | 15 | 14094 |
| &nbsp;&nbsp;&nbsp;3.58%, 10/19/42 (Call 10/19/41), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.952%)<sup>(a)(b)</sup> | 55 | 36175 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 03/15/25<sup>(b)</sup> | 200 | 191232 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 07/11/24<sup>(b)</sup> | 35 | 33923 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 09/12/28<sup>(b)</sup> | 250 | 232362 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 04/01/26<sup>(b)</sup> | 245 | 233059 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.15%, 07/21/24<sup>(b)</sup> | 271 | 265447 |
| CBQ Finance Ltd., 2.00%, 05/12/26<sup>(d)</sup> | 200 | 179102 |
| China Construction Bank Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.45%, 06/24/30 (Call 06/24/25)<sup>(a)(d)</sup> | 200 | 186452 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 02/27/29 (Call 02/27/24)<sup>(a)(d)</sup> | 200 | 197406 |
| China Everbright Bank Co. Ltd./Luxembourg, 0.83%, 09/14/24<sup>(d)</sup> | 200 | 186174 |
| CIMB Bank Bhd, 4.69%, 10/09/24, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 0.780%)<sup>(a)(d)</sup> | 200 | 199872 |
| Citizens Financial Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 02/06/30 (Call 11/06/29) | 85 | 69469 |
| &nbsp;&nbsp;&nbsp;2.64%, 09/30/32 (Call 07/02/32) | 80 | 60098 |
| &nbsp;&nbsp;&nbsp;2.85%, 07/27/26 (Call 04/27/26) | 160 | 148731 |
| &nbsp;&nbsp;&nbsp;3.25%, 04/30/30 (Call 01/30/30) | 100 | 87940 |
| &nbsp;&nbsp;&nbsp;4.30%, 12/03/25 (Call 11/03/25) | 30 | 29270 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.64%, 05/21/37 (Call 05/21/32)<sup>(a)</sup> | 5 | 4669 |
| Comerica Bank, 2.50%, 07/23/24 | 200 | 191418 |
| Comerica Inc., 4.00%, 02/01/29 (Call 11/03/28) | 130 | 122582 |
| Cooperatieve Rabobank UA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.11%, 02/24/27 (Call 02/24/26)<sup>(a)(b)</sup> | 55 | 47680 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.34%, 06/24/26 (Call 06/24/25)<sup>(a)(b)</sup> | 300 | 269046 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.98%, 12/15/27 (Call 12/15/26)<sup>(a)(b)</sup> | 290 | 251157 |
| &nbsp;&nbsp;&nbsp;3.75%, 07/21/26 | 20 | 18789 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.76%, 04/06/33 (Call 04/06/32)<sup>(a)(b)</sup> | 260 | 223116 |
| &nbsp;&nbsp;&nbsp;5.25%, 05/24/41 | 136 | 139580 |
| &nbsp;&nbsp;&nbsp;5.25%, 08/04/45 | 20 | 18110 |
| &nbsp;&nbsp;&nbsp;5.75%, 12/01/43 | 35 | 33555 |
| Cooperatieve Rabobank UA/NY, 3.38%, 05/21/25<sup>(c)</sup> | 290 | 281570 |
| Credit Agricole SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.81%, 01/11/41<sup>(b)</sup> | 65 | 40270 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 01/10/33 (Call 01/10/28)<sup>(a)(b)</sup> | 270 | 234895 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 03/17/25<sup>(b)</sup> | 25 | 24249 |
| Credit Agricole SA/London |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.91%, 06/16/26 (Call 06/16/25)<sup>(a)(b)</sup> | 230 | 208426 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 10/04/24<sup>(b)</sup> | 315 | 304151 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 04/15/24<sup>(b)</sup> | 330 | 324591 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 01/10/27<sup>(b)</sup> | 66 | 62518 |
| DBS Group Holdings Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.82%, 03/10/31 (Call 03/10/26)<sup>(a)(d)</sup> | 200 | 177146 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.52%, 12/11/28 (Call 12/11/23)<sup>(a)(b)</sup> | 300 | 295806 |
| DIB Sukuk Ltd., 2.95%, 01/16/26<sup>(d)</sup> | 200 | 186908 |
| Discover Bank |  |  |
| &nbsp;&nbsp;&nbsp;2.45%, 09/12/24 (Call 08/12/24) | 50 | 47291 |
| &nbsp;&nbsp;&nbsp;2.70%, 02/06/30 (Call 11/06/29) | 30 | 24042 |
| &nbsp;&nbsp;&nbsp;3.45%, 07/27/26 (Call 04/27/26) | 50 | 46051 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Banks (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.65%, 09/13/28 (Call 06/13/28) | $240 | $224038 |
| DNB Bank ASA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.86%, 09/30/25 (Call 09/30/24)<sup>(a)(b)</sup> | 125 | 114731 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.13%, 09/16/26 (Call 09/16/25)<sup>(a)(b)</sup> | 250 | 220092 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.54%, 05/25/27 (Call 05/25/26)<sup>(a)(b)</sup> | 230 | 200523 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.61%, 03/30/28 (Call 03/30/27)<sup>(a)(b)</sup> | 15 | 12758 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.97%, 03/28/25 (Call 03/28/24)<sup>(a)(b)</sup> | 15 | 14471 |
| Dresdner Funding Trust I, 8.15%, 06/30/31 (Call 06/30/29)<sup>(b)</sup> | 80 | 81107 |
| Emirates NBD Bank PJSC, 6.13%, (Call 04/09/26)<sup>(a)(d)(e)</sup> | 200 | 193232 |
| Federation des Caisses Desjardins du Quebec |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.70%, 05/21/24<sup>(b)</sup> | 215 | 200733 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.05%, 02/10/25<sup>(b)</sup> | 240 | 223546 |
| First Abu Dhabi Bank PJSC, 4.50%, (Call 04/05/26)<sup>(a)(d)(e)</sup> | 200 | 189424 |
| First Horizon Bank, 5.75%, 05/01/30 (Call 02/01/30) | 20 | 19643 |
| First Horizon Corp., 4.00%, 05/26/25 (Call 04/26/25) | 140 | 135227 |
| First Republic Bank/CA |  |  |
| &nbsp;&nbsp;&nbsp;4.38%, 08/01/46 (Call 02/01/46) | 40 | 31016 |
| &nbsp;&nbsp;&nbsp;4.63%, 02/13/47 (Call 08/13/46) | 30 | 23885 |
| Hana Bank, 1.25%, 12/16/26<sup>(d)</sup> | 200 | 171648 |
| Huntington Bancshares Inc., 2.49%, 08/15/36 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 08/15/31)<sup>(a)</sup> | 70 | 51447 |
| Huntington Bancshares Inc./OH |  |  |
| &nbsp;&nbsp;&nbsp;2.55%, 02/04/30 (Call 11/04/29) | 150 | 124344 |
| &nbsp;&nbsp;&nbsp;2.63%, 08/06/24 (Call 07/06/24) | 296 | 283651 |
| &nbsp;&nbsp;&nbsp;4.00%, 05/15/25 (Call 04/15/25) | 145 | 141303 |
| Industrial & Commercial Bank of China Ltd., 4.88%, 09/21/25<sup>(d)</sup> | 200 | 197810 |
| Industrial & Commercial Bank of China Ltd./Dubai DIFC, 4.85%, 10/17/24, (3 mo. LIBOR US + 0.770%)<sup>(a)(d)</sup> | 200 | 199838 |
| Industrial & Commercial Bank of China Ltd./Singapore, 1.20%, 09/09/25<sup>(d)</sup> | 200 | 181200 |
| Industrial & Commercial Bank of China Macau Ltd., 2.88%, 09/12/29 (Call 09/12/24)<sup>(a)(d)</sup> | 200 | 190354 |
| Industrial Bank Co. Ltd./Hong Kong, 0.88%, 06/10/24<sup>(d)</sup> | 200 | 188542 |
| ING Groep NV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.40%, 07/01/26 (Call 07/01/25)<sup>(a)(b)</sup> | 35 | 31246 |
| &nbsp;&nbsp;&nbsp;1.73%, 04/01/27 (Call 04/01/26), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.005%)<sup>(a)</sup> | 210 | 185033 |
| &nbsp;&nbsp;&nbsp;2.73%, 04/01/32 (Call 04/01/31), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.316%)<sup>(a)</sup> | 95 | 75606 |
| &nbsp;&nbsp;&nbsp;3.55%, 04/09/24 | 120 | 117390 |
| &nbsp;&nbsp;&nbsp;3.95%, 03/29/27 | 265 | 251339 |
| &nbsp;&nbsp;&nbsp;4.25%, 03/28/33 (Call 03/28/32), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 2.070%)<sup>(a)</sup> | 20 | 17622 |
| &nbsp;&nbsp;&nbsp;4.55%, 10/02/28 | 200 | 190548 |
| Kasikornbank PCL/Hong Kong, 3.34%, 10/02/31 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 10/02/26)<sup>(a)(d)</sup> | 200 | 173702 |
| KeyBank NA/Cleveland OH |  |  |
| &nbsp;&nbsp;&nbsp;3.40%, 05/20/26 | 15 | 14071 |
| &nbsp;&nbsp;&nbsp;3.90%, 04/13/29 | 30 | 27074 |
| KeyCorp |  |  |
| &nbsp;&nbsp;&nbsp;2.25%, 04/06/27 | 161 | 143358 |
| &nbsp;&nbsp;&nbsp;2.55%, 10/01/29 | 150 | 126903 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 05/23/25 (Call 05/23/24)<sup>(a)</sup> | 10 | 9801 |
| &nbsp;&nbsp;&nbsp;4.10%, 04/30/28 | 85 | 81186 |
| &nbsp;&nbsp;&nbsp;4.15%, 10/29/25 | 170 | 166471 |
| Kookmin Bank, 4.50%, 02/01/29<sup>(d)</sup> | 200 | 186768 |
| Korea Development Bank (The) |  |  |
| &nbsp;&nbsp;&nbsp;2.00%, 10/25/31 | 200 | 161132 |
| &nbsp;&nbsp;&nbsp;3.00%, 01/13/26 | 200 | 190902 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Banks (continued)** |  |  |
| Kreditanstalt fuer Wiederaufbau |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.00%, 04/18/36<sup>(c)(f)</sup> | $70 | $41125 |
| &nbsp;&nbsp;&nbsp;0.25%, 03/08/24 | 410 | 388266 |
| &nbsp;&nbsp;&nbsp;0.38%, 07/18/25 | 375 | 339566 |
| &nbsp;&nbsp;&nbsp;0.50%, 09/20/24 | 187 | 174226 |
| &nbsp;&nbsp;&nbsp;0.63%, 01/22/26 | 224 | 200894 |
| &nbsp;&nbsp;&nbsp;0.75%, 09/30/30 | 190 | 150898 |
| &nbsp;&nbsp;&nbsp;1.00%, 10/01/26 | 60 | 53470 |
| &nbsp;&nbsp;&nbsp;1.38%, 08/05/24 | 325 | 308623 |
| &nbsp;&nbsp;&nbsp;1.75%, 09/14/29 | 305 | 267555 |
| &nbsp;&nbsp;&nbsp;2.00%, 05/02/25 | 179 | 169896 |
| &nbsp;&nbsp;&nbsp;2.50%, 11/20/24 | 380 | 365913 |
| &nbsp;&nbsp;&nbsp;2.63%, 02/28/24 | 480 | 468662 |
| &nbsp;&nbsp;&nbsp;2.88%, 04/03/28 | 149 | 141374 |
| Landwirtschaftliche Rentenbank |  |  |
| &nbsp;&nbsp;&nbsp;0.88%, 03/30/26 | 90 | 80792 |
| &nbsp;&nbsp;&nbsp;1.75%, 07/27/26 | 215 | 197357 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.75%, 01/14/27<sup>(d)</sup> | 75 | 68588 |
| &nbsp;&nbsp;&nbsp;2.00%, 01/13/25 | 25 | 23849 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.38%, 01/23/24<sup>(d)</sup> | 165 | 160844 |
| &nbsp;&nbsp;&nbsp;2.38%, 06/10/25 | 105 | 100314 |
| &nbsp;&nbsp;&nbsp;Series 37, 2.50%, 11/15/27 | 115 | 107325 |
| &nbsp;&nbsp;&nbsp;Series 40, 0.50%, 05/27/25 | 240 | 218964 |
| Lloyds Banking Group PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.44%, 02/05/26 (Call 02/05/25)<sup>(a)</sup> | 340 | 314388 |
| &nbsp;&nbsp;&nbsp;3.75%, 01/11/27 | 250 | 233097 |
| &nbsp;&nbsp;&nbsp;4.34%, 01/09/48 | 255 | 186910 |
| &nbsp;&nbsp;&nbsp;4.38%, 03/22/28 | 200 | 188006 |
| &nbsp;&nbsp;&nbsp;4.45%, 05/08/25 | 210 | 205298 |
| &nbsp;&nbsp;&nbsp;4.55%, 08/16/28 | 215 | 201117 |
| &nbsp;&nbsp;&nbsp;4.58%, 12/10/25 | 220 | 208318 |
| &nbsp;&nbsp;&nbsp;4.65%, 03/24/26 | 200 | 190434 |
| Macquarie Bank Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.30%, 01/22/25<sup>(b)</sup> | 245 | 231843 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.05%, 03/03/36 (Call 03/03/31)<sup>(a)(b)</sup> | 90 | 64615 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.62%, 06/03/30<sup>(b)</sup> | 65 | 52770 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.90%, 01/15/26<sup>(b)</sup> | 210 | 203133 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 07/29/25<sup>(b)</sup> | 145 | 141317 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 06/10/25<sup>(b)</sup> | 35 | 34350 |
| Mitsubishi UFJ Financial Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.95%, 07/19/25 (Call 07/19/24)<sup>(a)</sup> | 200 | 185462 |
| &nbsp;&nbsp;&nbsp;1.41%, 07/17/25 | 95 | 86324 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.54%, 07/20/27 (Call 07/20/26)<sup>(a)</sup> | 20 | 17403 |
| &nbsp;&nbsp;&nbsp;2.05%, 07/17/30 | 200 | 159304 |
| &nbsp;&nbsp;&nbsp;2.19%, 02/25/25 | 240 | 225398 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.31%, 07/20/32 (Call 07/20/31)<sup>(a)</sup> | 235 | 183293 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.49%, 10/13/32 (Call 10/13/31)<sup>(a)</sup> | 110 | 86716 |
| &nbsp;&nbsp;&nbsp;2.56%, 02/25/30 | 200 | 165976 |
| &nbsp;&nbsp;&nbsp;2.76%, 09/13/26 | 15 | 13751 |
| &nbsp;&nbsp;&nbsp;2.80%, 07/18/24 | 20 | 19229 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.85%, 01/19/33 (Call 01/19/32)<sup>(a)</sup> | 235 | 190174 |
| &nbsp;&nbsp;&nbsp;3.20%, 07/18/29 | 40 | 35248 |
| &nbsp;&nbsp;&nbsp;3.29%, 07/25/27 | 10 | 9246 |
| &nbsp;&nbsp;&nbsp;3.41%, 03/07/24 | 300 | 293871 |
| &nbsp;&nbsp;&nbsp;3.74%, 03/07/29 | 95 | 87641 |
| &nbsp;&nbsp;&nbsp;3.75%, 07/18/39 | 200 | 163848 |
| &nbsp;&nbsp;&nbsp;3.78%, 03/02/25 | 15 | 14624 |
| &nbsp;&nbsp;&nbsp;4.05%, 09/11/28 | 10 | 9396 |
| &nbsp;&nbsp;&nbsp;4.29%, 07/26/38 | 30 | 26424 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 07/20/33 (Call 07/20/32)<sup>(a)</sup> | 200 | 195282 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Banks (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.47%, 09/13/33 (Call 09/13/32)<sup>(a)</sup> | $200 | $199562 |
| Morgan Stanley |  |  |
| &nbsp;&nbsp;&nbsp;0.79%, 01/22/25 (Call 01/22/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.509%)<sup>(a)</sup> | 50 | 47015 |
| &nbsp;&nbsp;&nbsp;0.79%, 05/30/25 (Call 05/30/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.525%)<sup>(a)</sup> | 130 | 120402 |
| &nbsp;&nbsp;&nbsp;0.99%, 12/10/26 (Call 12/10/25), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.720%)<sup>(a)</sup> | 305 | 267412 |
| &nbsp;&nbsp;&nbsp;1.16%, 10/21/25 (Call 10/21/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.560%)<sup>(a)</sup> | 115 | 105276 |
| &nbsp;&nbsp;&nbsp;1.51%, 07/20/27 (Call 07/20/26), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.858%)<sup>(a)</sup> | 239 | 208054 |
| &nbsp;&nbsp;&nbsp;1.59%, 05/04/27 (Call 05/04/26), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.879%)<sup>(a)</sup> | 294 | 258938 |
| &nbsp;&nbsp;&nbsp;1.79%, 02/13/32 (Call 02/13/31), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.034%)<sup>(a)</sup> | 300 | 228513 |
| &nbsp;&nbsp;&nbsp;1.93%, 04/28/32 (Call 04/28/31), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.020%)<sup>(a)</sup> | 250 | 191577 |
| &nbsp;&nbsp;&nbsp;2.19%, 04/28/26 (Call 04/28/25), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.990%)<sup>(a)</sup> | 85 | 79042 |
| &nbsp;&nbsp;&nbsp;2.24%, 07/21/32 (Call 07/21/31), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.178%)<sup>(a)</sup> | 260 | 202777 |
| &nbsp;&nbsp;&nbsp;2.48%, 09/16/36 (Call 09/16/31), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.360%)<sup>(a)</sup> | 230 | 170642 |
| &nbsp;&nbsp;&nbsp;2.51%, 10/20/32 (Call 10/20/31), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.200%)<sup>(a)</sup> | 290 | 230654 |
| &nbsp;&nbsp;&nbsp;2.70%, 01/22/31 (Call 01/22/30), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.143%)<sup>(a)</sup> | 335 | 281383 |
| &nbsp;&nbsp;&nbsp;2.72%, 07/22/25 (Call 07/22/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.152%)<sup>(a)</sup> | 60 | 57216 |
| &nbsp;&nbsp;&nbsp;2.80%, 01/25/52 (Call 01/25/51), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.430%)<sup>(a)</sup> | 155 | 99964 |
| &nbsp;&nbsp;&nbsp;2.94%, 01/21/33 (Call 01/21/32), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.290%)<sup>(a)</sup> | 235 | 192597 |
| &nbsp;&nbsp;&nbsp;3.13%, 07/27/26 | 80 | 75074 |
| &nbsp;&nbsp;&nbsp;3.22%, 04/22/42 (Call 04/22/41), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.485%)<sup>(a)</sup> | 35 | 26388 |
| &nbsp;&nbsp;&nbsp;3.59%, 07/22/28 (Call 07/22/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.340%)<sup>(a)</sup> | 119 | 109833 |
| &nbsp;&nbsp;&nbsp;3.62%, 04/01/31 (Call 04/01/30), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 3.120%)<sup>(a)</sup> | 335 | 298753 |
| &nbsp;&nbsp;&nbsp;3.63%, 01/20/27 | 280 | 266277 |
| &nbsp;&nbsp;&nbsp;3.70%, 10/23/24 | 355 | 347446 |
| &nbsp;&nbsp;&nbsp;3.77%, 01/24/29 (Call 01/24/28), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.140%)<sup>(a)</sup> | 195 | 179954 |
| &nbsp;&nbsp;&nbsp;3.88%, 01/27/26 | 160 | 155222 |
| &nbsp;&nbsp;&nbsp;3.95%, 04/23/27 | 220 | 212018 |
| &nbsp;&nbsp;&nbsp;3.97%, 07/22/38 (Call 07/22/37), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.455%)<sup>(a)</sup> | 259 | 220911 |
| &nbsp;&nbsp;&nbsp;4.00%, 07/23/25 | 135 | 132235 |
| &nbsp;&nbsp;&nbsp;4.21%, 04/20/28 (Call 04/20/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.610%)<sup>(a)</sup> | 30 | 28585 |
| &nbsp;&nbsp;&nbsp;4.30%, 01/27/45 | 150 | 129878 |
| &nbsp;&nbsp;&nbsp;4.35%, 09/08/26 | 85 | 83033 |
| &nbsp;&nbsp;&nbsp;4.38%, 01/22/47 | 195 | 169841 |
| &nbsp;&nbsp;&nbsp;4.43%, 01/23/30 (Call 01/23/29), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.628%)<sup>(a)</sup> | 340 | 322262 |
| &nbsp;&nbsp;&nbsp;4.46%, 04/22/39 (Call 04/22/38), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 0.408%)<sup>(a)</sup> | 190 | 169708 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.68%, 07/17/26 (Call 07/17/25)<sup>(a)</sup> | 200 | 197660 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Banks (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.89%, 07/20/33 (Call 07/20/32)<sup>(a)</sup> | $200 | $190836 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/24/25 | 205 | 205441 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.30%, 04/20/37 (Call 04/20/32)<sup>(a)</sup> | 145 | 134966 |
| &nbsp;&nbsp;&nbsp;5.60%, 03/24/51 (Call 03/24/50), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 4.480%)<sup>(a)</sup> | 145 | 151413 |
| &nbsp;&nbsp;&nbsp;6.25%, 08/09/26 | 25 | 26509 |
| &nbsp;&nbsp;&nbsp;6.34%, 10/18/33 | 200 | 212608 |
| &nbsp;&nbsp;&nbsp;6.38%, 07/24/42 | 162 | 178842 |
| &nbsp;&nbsp;&nbsp;7.25%, 04/01/32 | 150 | 172090 |
| &nbsp;&nbsp;&nbsp;Series F, 3.88%, 04/29/24 | 385 | 378801 |
| &nbsp;&nbsp;&nbsp;Series I, 0.86%, 10/21/25 (Call 10/21/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.745%)<sup>(a)</sup> | 70 | 64061 |
| MUFG Bank Ltd., 4.70%, 03/10/44<sup>(b)</sup> | 35 | 31399 |
| National Bank of Canada, 0.75%, 08/06/24 | 300 | 277947 |
| Nordea Bank Abp |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.63%, 05/24/24<sup>(b)</sup> | 55 | 51434 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.75%, 08/28/25<sup>(b)</sup> | 290 | 258877 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.50%, 09/30/26<sup>(b)</sup> | 95 | 82220 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 09/13/33 (Call 09/13/28)<sup>(a)(b)</sup> | 90 | 83426 |
| Northern Trust Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.95%, 05/01/30 (Call 02/01/30) | 75 | 62336 |
| &nbsp;&nbsp;&nbsp;3.15%, 05/03/29 (Call 02/03/29) | 146 | 133898 |
| &nbsp;&nbsp;&nbsp;3.38%, 05/08/32 (Call 05/08/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.131%)<sup>(a)</sup> | 110 | 99939 |
| &nbsp;&nbsp;&nbsp;3.65%, 08/03/28 (Call 05/03/28) | 135 | 129985 |
| &nbsp;&nbsp;&nbsp;3.95%, 10/30/25 | 45 | 44295 |
| &nbsp;&nbsp;&nbsp;4.00%, 05/10/27 (Call 04/10/27) | 15 | 14725 |
| NRW Bank |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.63%, 05/19/25<sup>(d)</sup> | 120 | 109736 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.88%, 03/09/26<sup>(d)</sup> | 25 | 22416 |
| &nbsp;&nbsp;&nbsp;1.88%, 07/31/24 | 189 | 180792 |
| Oesterreichische Kontrollbank AG |  |  |
| &nbsp;&nbsp;&nbsp;0.38%, 09/17/25 | 175 | 157259 |
| &nbsp;&nbsp;&nbsp;0.50%, 09/16/24 | 125 | 116446 |
| &nbsp;&nbsp;&nbsp;0.50%, 02/02/26 | 240 | 213348 |
| &nbsp;&nbsp;&nbsp;1.50%, 02/12/25 | 250 | 235357 |
| Oversea-Chinese Banking Corp. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.83%, 09/10/30 (Call 09/10/25)<sup>(a)</sup> | 118 | 105391 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 06/19/24<sup>(b)</sup> | 35 | 34512 |
| PNC Bank NA |  |  |
| &nbsp;&nbsp;&nbsp;2.70%, 10/22/29 | 30 | 25415 |
| &nbsp;&nbsp;&nbsp;2.95%, 02/23/25 (Call 01/24/25) | 250 | 240365 |
| &nbsp;&nbsp;&nbsp;3.25%, 01/22/28 (Call 12/23/27) | 75 | 70016 |
| &nbsp;&nbsp;&nbsp;4.05%, 07/26/28 | 45 | 42479 |
| PNC Financial Services Group Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;1.15%, 08/13/26 (Call 07/13/26) | 50 | 43890 |
| &nbsp;&nbsp;&nbsp;2.20%, 11/01/24 (Call 10/02/24) | 160 | 152486 |
| &nbsp;&nbsp;&nbsp;2.31%, 04/23/32 (Call 04/23/31), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.979%)<sup>(a)</sup> | 125 | 101776 |
| &nbsp;&nbsp;&nbsp;2.55%, 01/22/30 (Call 10/24/29) | 270 | 229495 |
| &nbsp;&nbsp;&nbsp;2.60%, 07/23/26 (Call 05/23/26) | 170 | 157906 |
| &nbsp;&nbsp;&nbsp;3.15%, 05/19/27 (Call 04/19/27) | 65 | 60455 |
| &nbsp;&nbsp;&nbsp;3.45%, 04/23/29 (Call 01/23/29) | 201 | 185155 |
| &nbsp;&nbsp;&nbsp;3.50%, 01/23/24 (Call 12/23/23) | 189 | 186118 |
| &nbsp;&nbsp;&nbsp;3.90%, 04/29/24 (Call 03/29/24) | 55 | 54287 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.67%, 10/28/25 (Call 10/28/24)<sup>(a)</sup> | 50 | 50436 |
| QNB Finance Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.63%, 05/12/25<sup>(d)</sup> | 200 | 188190 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 03/28/24<sup>(d)</sup> | 200 | 195788 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Banks (continued)** |  |  |
| Regions Financial Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.80%, 08/12/28 (Call 06/12/28) | $115 | $97727 |
| &nbsp;&nbsp;&nbsp;2.25%, 05/18/25 (Call 04/18/25) | 160 | 149835 |
| &nbsp;&nbsp;&nbsp;7.38%, 12/10/37 | 76 | 86948 |
| Shanghai Commercial Bank Ltd., 5.00%, 01/17/29 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 01/17/24)<sup>(a)(d)</sup> | 250 | 245102 |
| Shinhan Bank Co. Ltd., 3.88%, 03/24/26<sup>(c)(d)</sup> | 200 | 187728 |
| Shinhan Financial Group Co. Ltd., 3.34%, 02/05/30 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 02/05/25)<sup>(a)(d)</sup> | 200 | 183614 |
| Skandinaviska Enskilda Banken AB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.65%, 09/09/24<sup>(b)</sup> | 200 | 184662 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.85%, 09/02/25<sup>(b)</sup> | 200 | 178582 |
| Standard Chartered PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.99%, 01/12/25 (Call 01/12/24)<sup>(a)(b)</sup> | 15 | 14025 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.61%, 01/12/28 (Call 01/12/27)<sup>(a)(b)</sup> | 315 | 270579 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.68%, 06/29/32 (Call 06/29/31)<sup>(a)(b)</sup> | 200 | 149028 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.89%, 01/30/26 (Call 01/30/25)<sup>(a)(b)</sup> | 20 | 18487 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.27%, 02/18/36 (Call 11/18/30)<sup>(a)(b)</sup> | 152 | 110870 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.97%, 03/30/26 (Call 03/30/25)<sup>(a)(b)</sup> | 200 | 189078 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.64%, 04/01/31 (Call 04/01/30)<sup>(a)(b)</sup> | 200 | 179594 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.87%, 03/15/33 (Call 03/15/28)<sup>(a)(b)(c)</sup> | 165 | 145411 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.70%, 03/26/44<sup>(b)</sup> | 200 | 177520 |
| State Street Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.20%, 03/03/31 | 150 | 121817 |
| &nbsp;&nbsp;&nbsp;2.35%, 11/01/25 (Call 11/01/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.940%)<sup>(a)</sup> | 120 | 113629 |
| &nbsp;&nbsp;&nbsp;2.40%, 01/24/30 | 65 | 55480 |
| &nbsp;&nbsp;&nbsp;2.62%, 02/07/33 (Call 02/07/32), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.002%)<sup>(a)</sup> | 20 | 16467 |
| &nbsp;&nbsp;&nbsp;2.65%, 05/19/26 | 90 | 85031 |
| &nbsp;&nbsp;&nbsp;2.90%, 03/30/26 (Call 03/30/25), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 2.600%)<sup>(a)</sup> | 125 | 118764 |
| &nbsp;&nbsp;&nbsp;3.03%, 11/01/34 (Call 11/01/29), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.490%)<sup>(a)</sup> | 70 | 59329 |
| &nbsp;&nbsp;&nbsp;3.15%, 03/30/31 (Call 03/30/30), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 2.650%)<sup>(a)</sup> | 5 | 4400 |
| &nbsp;&nbsp;&nbsp;3.30%, 12/16/24 | 89 | 87054 |
| &nbsp;&nbsp;&nbsp;3.55%, 08/18/25 | 99 | 96419 |
| &nbsp;&nbsp;&nbsp;3.78%, 12/03/24 (Call 12/03/23), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 0.770%)<sup>(a)</sup> | 70 | 69150 |
| &nbsp;&nbsp;&nbsp;4.14%, 12/03/29 (Call 12/03/28), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.030%)<sup>(a)</sup> | 115 | 109554 |
| Sumitomo Mitsui Banking Corp., 3.65%, 07/23/25 | 35 | 33733 |
| Sumitomo Mitsui Financial Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.51%, 01/12/24 | 10 | 9488 |
| &nbsp;&nbsp;&nbsp;1.40%, 09/17/26 | 25 | 21808 |
| &nbsp;&nbsp;&nbsp;1.47%, 07/08/25 | 240 | 218830 |
| &nbsp;&nbsp;&nbsp;1.71%, 01/12/31 | 110 | 83430 |
| &nbsp;&nbsp;&nbsp;1.90%, 09/17/28 | 200 | 165994 |
| &nbsp;&nbsp;&nbsp;2.13%, 07/08/30 | 85 | 67583 |
| &nbsp;&nbsp;&nbsp;2.14%, 09/23/30 | 125 | 96865 |
| &nbsp;&nbsp;&nbsp;2.22%, 09/17/31 | 10 | 7824 |
| &nbsp;&nbsp;&nbsp;2.30%, 01/12/41 | 65 | 41503 |
| &nbsp;&nbsp;&nbsp;2.63%, 07/14/26 | 65 | 59830 |
| &nbsp;&nbsp;&nbsp;2.70%, 07/16/24 | 250 | 239617 |
| &nbsp;&nbsp;&nbsp;2.72%, 09/27/29 | 15 | 12720 |
| &nbsp;&nbsp;&nbsp;2.75%, 01/15/30 | 215 | 181761 |
| &nbsp;&nbsp;&nbsp;2.93%, 09/17/41 | 190 | 128586 |
| &nbsp;&nbsp;&nbsp;3.01%, 10/19/26 | 90 | 83381 |
| &nbsp;&nbsp;&nbsp;3.04%, 07/16/29 | 50 | 43577 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Banks (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.05%, 01/14/42 | $35 | $24905 |
| &nbsp;&nbsp;&nbsp;3.20%, 09/17/29 | 150 | 129374 |
| &nbsp;&nbsp;&nbsp;3.35%, 10/18/27 | 88 | 81201 |
| &nbsp;&nbsp;&nbsp;3.36%, 07/12/27 | 145 | 134335 |
| &nbsp;&nbsp;&nbsp;3.45%, 01/11/27 | 55 | 51465 |
| &nbsp;&nbsp;&nbsp;3.54%, 01/17/28 | 20 | 18405 |
| &nbsp;&nbsp;&nbsp;3.78%, 03/09/26 | 125 | 120510 |
| &nbsp;&nbsp;&nbsp;3.94%, 07/19/28 | 20 | 18575 |
| &nbsp;&nbsp;&nbsp;4.31%, 10/16/28 | 45 | 42424 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.44%, 04/02/24<sup>(b)</sup> | 60 | 58947 |
| Suncorp-Metway Ltd., 3.30%, 04/15/24<sup>(b)</sup> | 75 | 72888 |
| SVB Financial Group |  |  |
| &nbsp;&nbsp;&nbsp;1.80%, 10/28/26 (Call 09/28/26) | 40 | 34773 |
| &nbsp;&nbsp;&nbsp;1.80%, 02/02/31 (Call 11/02/30) | 75 | 53630 |
| &nbsp;&nbsp;&nbsp;2.10%, 05/15/28 (Call 03/15/28) | 55 | 45098 |
| &nbsp;&nbsp;&nbsp;3.13%, 06/05/30 (Call 03/05/30) | 120 | 98149 |
| &nbsp;&nbsp;&nbsp;3.50%, 01/29/25 | 40 | 38482 |
| Svenska Handelsbanken AB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.55%, 06/11/24<sup>(b)</sup> | 275 | 257232 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.42%, 06/11/27 (Call 06/11/26)<sup>(a)(b)</sup> | 225 | 197698 |
| Synovus Financial Corp., 5.90%, 02/07/29 (Call 02/07/24)<sup>(a)</sup> | 25 | 24519 |
| Toronto-Dominion Bank (The) |  |  |
| &nbsp;&nbsp;&nbsp;0.55%, 03/04/24 | 215 | 203622 |
| &nbsp;&nbsp;&nbsp;0.70%, 09/10/24 | 45 | 41763 |
| &nbsp;&nbsp;&nbsp;0.75%, 09/11/25 | 90 | 80493 |
| &nbsp;&nbsp;&nbsp;0.75%, 01/06/26 | 210 | 185411 |
| &nbsp;&nbsp;&nbsp;1.15%, 06/12/25 | 55 | 50129 |
| &nbsp;&nbsp;&nbsp;1.20%, 06/03/26 | 200 | 176738 |
| &nbsp;&nbsp;&nbsp;1.25%, 09/10/26 | 80 | 70334 |
| &nbsp;&nbsp;&nbsp;2.00%, 09/10/31 | 40 | 31514 |
| &nbsp;&nbsp;&nbsp;2.65%, 06/12/24 | 280 | 270620 |
| &nbsp;&nbsp;&nbsp;3.20%, 03/10/32 | 245 | 212060 |
| &nbsp;&nbsp;&nbsp;3.25%, 03/11/24 | 160 | 156725 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 09/15/31 (Call 09/15/26)<sup>(a)</sup> | 190 | 175406 |
| &nbsp;&nbsp;&nbsp;4.46%, 06/08/32 | 55 | 52662 |
| &nbsp;&nbsp;&nbsp;4.69%, 09/15/27 | 200 | 197964 |
| Truist Bank |  |  |
| &nbsp;&nbsp;&nbsp;1.50%, 03/10/25 (Call 02/10/25) | 40 | 37074 |
| &nbsp;&nbsp;&nbsp;2.15%, 12/06/24 (Call 11/05/24) | 20 | 19013 |
| &nbsp;&nbsp;&nbsp;2.25%, 03/11/30 (Call 12/11/29) | 60 | 48759 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.64%, 09/17/29 (Call 09/17/24)<sup>(a)</sup> | 35 | 32683 |
| &nbsp;&nbsp;&nbsp;3.20%, 04/01/24 (Call 03/01/24) | 55 | 53805 |
| &nbsp;&nbsp;&nbsp;3.30%, 05/15/26 (Call 04/15/26) | 55 | 51605 |
| &nbsp;&nbsp;&nbsp;3.63%, 09/16/25 (Call 08/16/25) | 25 | 24012 |
| &nbsp;&nbsp;&nbsp;3.80%, 10/30/26 (Call 09/30/26) | 10 | 9497 |
| &nbsp;&nbsp;&nbsp;4.05%, 11/03/25 (Call 09/03/25) | 5 | 4920 |
| Truist Financial Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.13%, 08/03/27 (Call 06/03/27) | 35 | 29601 |
| &nbsp;&nbsp;&nbsp;1.20%, 08/05/25 (Call 07/03/25) | 105 | 95536 |
| &nbsp;&nbsp;&nbsp;1.27%, 03/02/27 (Call 03/02/26), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.609%)<sup>(a)</sup> | 155 | 137434 |
| &nbsp;&nbsp;&nbsp;1.89%, 06/07/29 (Call 06/07/28), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.862%)<sup>(a)</sup> | 85 | 71679 |
| &nbsp;&nbsp;&nbsp;1.95%, 06/05/30 (Call 03/05/30) | 85 | 69310 |
| &nbsp;&nbsp;&nbsp;2.50%, 08/01/24 (Call 07/01/24) | 118 | 113412 |
| &nbsp;&nbsp;&nbsp;2.85%, 10/26/24 (Call 09/26/24) | 95 | 91679 |
| &nbsp;&nbsp;&nbsp;3.70%, 06/05/25 (Call 05/05/25) | 200 | 194702 |
| &nbsp;&nbsp;&nbsp;3.88%, 03/19/29 (Call 02/16/29) | 95 | 87970 |
| &nbsp;&nbsp;&nbsp;4.00%, 05/01/25 (Call 03/01/25) | 50 | 49136 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.12%, 06/06/28 (Call 06/06/27)<sup>(a)</sup> | 200 | 189512 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Banks (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.92%, 07/28/33 (Call 07/28/32)<sup>(a)</sup> | $50 | $47154 |
| Turkiye Vakiflar Bankasi TAO, 5.25%, 02/05/25<sup>(d)</sup> | 200 | 189350 |
| U.S. Bancorp. |  |  |
| &nbsp;&nbsp;&nbsp;1.38%, 07/22/30 (Call 04/22/30) | 10 | 7811 |
| &nbsp;&nbsp;&nbsp;1.45%, 05/12/25 (Call 04/11/25) | 10 | 9285 |
| &nbsp;&nbsp;&nbsp;2.22%, 01/27/28 (Call 01/27/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.730%)<sup>(a)</sup> | 30 | 26874 |
| &nbsp;&nbsp;&nbsp;2.40%, 07/30/24 (Call 06/28/24) | 180 | 173786 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.49%, 11/03/36 (Call 11/03/31)<sup>(a)</sup> | 175 | 135671 |
| &nbsp;&nbsp;&nbsp;2.68%, 01/27/33 (Call 01/27/32), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.020%)<sup>(a)</sup> | 60 | 49639 |
| &nbsp;&nbsp;&nbsp;3.00%, 07/30/29 (Call 04/30/29) | 205 | 182087 |
| &nbsp;&nbsp;&nbsp;3.10%, 04/27/26 (Call 03/27/26) | 40 | 38011 |
| &nbsp;&nbsp;&nbsp;3.38%, 02/05/24 (Call 01/05/24) | 10 | 9848 |
| &nbsp;&nbsp;&nbsp;3.60%, 09/11/24 (Call 08/11/24) | 225 | 221287 |
| &nbsp;&nbsp;&nbsp;3.70%, 01/30/24 (Call 12/29/23) | 15 | 14824 |
| &nbsp;&nbsp;&nbsp;3.95%, 11/17/25 (Call 10/17/25) | 10 | 9821 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.97%, 07/22/33 (Call 07/22/32)<sup>(a)</sup> | 200 | 190566 |
| &nbsp;&nbsp;&nbsp;Series V, 2.38%, 07/22/26 (Call 06/22/26) | 220 | 203542 |
| &nbsp;&nbsp;&nbsp;Series X, 3.15%, 04/27/27 (Call 03/27/27) | 170 | 160708 |
| United Overseas Bank Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.25%, 04/14/26<sup>(b)</sup> | 30 | 26969 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 04/15/29 (Call 04/15/24)<sup>(a)(b)</sup> | 250 | 242780 |
| Valley National Bancorp., 3.00%, 06/15/31 (Call 06/15/26), (1 day SOFR + 2.360%)<sup>(a)</sup> | 55 | 48981 |
| Webster Financial Corp., 4.10%, 03/25/29 (Call 12/25/28) | 170 | 154652 |
| Western Alliance Bancorp., 3.00%, 06/15/31 (Call 06/15/26), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 2.250%)<sup>(a)</sup> | 35 | 29684 |
| Wintrust Financial Corp., 4.85%, 06/06/29 | 30 | 27435 |
| Woori Bank |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.75%, 02/01/26<sup>(d)</sup> | 200 | 174486 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.00%, 01/20/27<sup>(d)</sup> | 200 | 175728 |
| Zions Bancorp NA, 3.25%, 10/29/29 (Call 07/29/29) | 15 | 12473 |
|  |  | 55836428 |
| **Beverages — 0.6%** |  |  |
| Coca-Cola Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;1.00%, 03/15/28 | 95 | 80561 |
| &nbsp;&nbsp;&nbsp;1.38%, 03/15/31 | 113 | 89475 |
| &nbsp;&nbsp;&nbsp;1.45%, 06/01/27 | 135 | 120157 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.50%, 03/05/28<sup>(c)</sup> | 20 | 17430 |
| &nbsp;&nbsp;&nbsp;1.65%, 06/01/30 | 124 | 102812 |
| &nbsp;&nbsp;&nbsp;1.75%, 09/06/24 | 207 | 198629 |
| &nbsp;&nbsp;&nbsp;2.00%, 03/05/31 | 110 | 91942 |
| &nbsp;&nbsp;&nbsp;2.13%, 09/06/29 | 112 | 97554 |
| &nbsp;&nbsp;&nbsp;2.25%, 01/05/32 | 220 | 185623 |
| &nbsp;&nbsp;&nbsp;2.50%, 06/01/40 | 130 | 96416 |
| &nbsp;&nbsp;&nbsp;2.50%, 03/15/51 | 115 | 77120 |
| &nbsp;&nbsp;&nbsp;2.60%, 06/01/50 | 146 | 101039 |
| &nbsp;&nbsp;&nbsp;2.75%, 06/01/60 | 70 | 48009 |
| &nbsp;&nbsp;&nbsp;2.88%, 05/05/41 | 35 | 27474 |
| &nbsp;&nbsp;&nbsp;2.90%, 05/25/27 | 35 | 33244 |
| &nbsp;&nbsp;&nbsp;3.00%, 03/05/51 | 30 | 22552 |
| &nbsp;&nbsp;&nbsp;3.38%, 03/25/27 | 60 | 58166 |
| &nbsp;&nbsp;&nbsp;3.45%, 03/25/30 | 120 | 112180 |
| &nbsp;&nbsp;&nbsp;4.20%, 03/25/50 | 35 | 32816 |
| Coca-Cola Europacific Partners PLC, 0.80%, 05/03/24<sup>(b)</sup> | 80 | 75078 |
| Coca-Cola Icecek AS, 4.50%, 01/20/29 (Call 10/20/28)<sup>(d)</sup> | 200 | 170236 |
| Embotelladora Andina SA, 3.95%, 01/21/50 (Call 07/21/49)<sup>(d)</sup> | 150 | 110950 |
| Keurig Dr Pepper Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.75%, 03/15/24 (Call 01/03/23) | 60 | 56741 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Beverages (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;2.25%, 03/15/31 (Call 12/15/30) | $5 | $4050 |
| &nbsp;&nbsp;&nbsp;2.55%, 09/15/26 (Call 06/15/26) | 90 | 82666 |
| &nbsp;&nbsp;&nbsp;3.20%, 05/01/30 (Call 02/01/30) | 105 | 92519 |
| &nbsp;&nbsp;&nbsp;3.35%, 03/15/51 (Call 09/15/50) | 55 | 38631 |
| &nbsp;&nbsp;&nbsp;3.40%, 11/15/25 (Call 08/15/25) | 135 | 130453 |
| &nbsp;&nbsp;&nbsp;3.43%, 06/15/27 (Call 03/15/27) | 25 | 23483 |
| &nbsp;&nbsp;&nbsp;3.80%, 05/01/50 (Call 11/01/49) | 45 | 34464 |
| &nbsp;&nbsp;&nbsp;3.95%, 04/15/29 (Call 02/15/29) | 30 | 28319 |
| &nbsp;&nbsp;&nbsp;4.42%, 05/25/25 (Call 03/25/25) | 15 | 14970 |
| &nbsp;&nbsp;&nbsp;4.42%, 12/15/46 (Call 06/15/46) | 81 | 68078 |
| &nbsp;&nbsp;&nbsp;4.50%, 11/15/45 (Call 05/15/45) | 35 | 30249 |
| &nbsp;&nbsp;&nbsp;4.50%, 04/15/52 (Call 10/15/51) | 55 | 46762 |
| PepsiCo Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.40%, 02/25/31 (Call 11/25/30) | 220 | 176460 |
| &nbsp;&nbsp;&nbsp;1.63%, 05/01/30 (Call 02/01/30) | 148 | 122815 |
| &nbsp;&nbsp;&nbsp;1.95%, 10/21/31 (Call 07/21/31) | 210 | 172924 |
| &nbsp;&nbsp;&nbsp;2.25%, 03/19/25 (Call 02/19/25) | 87 | 83130 |
| &nbsp;&nbsp;&nbsp;2.38%, 10/06/26 (Call 07/06/26) | 134 | 125654 |
| &nbsp;&nbsp;&nbsp;2.63%, 03/19/27 (Call 01/19/27) | 58 | 54116 |
| &nbsp;&nbsp;&nbsp;2.63%, 07/29/29 (Call 04/29/29) | 109 | 97451 |
| &nbsp;&nbsp;&nbsp;2.63%, 10/21/41 (Call 04/21/41) | 5 | 3790 |
| &nbsp;&nbsp;&nbsp;2.75%, 04/30/25 (Call 01/30/25) | 40 | 38433 |
| &nbsp;&nbsp;&nbsp;2.75%, 03/19/30 (Call 12/19/29) | 167 | 148815 |
| &nbsp;&nbsp;&nbsp;2.75%, 10/21/51 (Call 04/21/51) | 180 | 130151 |
| &nbsp;&nbsp;&nbsp;2.85%, 02/24/26 (Call 11/24/25) | 120 | 115234 |
| &nbsp;&nbsp;&nbsp;2.88%, 10/15/49 (Call 04/15/49) | 65 | 48283 |
| &nbsp;&nbsp;&nbsp;3.00%, 10/15/27 (Call 07/15/27) | 117 | 110937 |
| &nbsp;&nbsp;&nbsp;3.38%, 07/29/49 (Call 01/29/49) | 32 | 26037 |
| &nbsp;&nbsp;&nbsp;3.45%, 10/06/46 (Call 04/06/46) | 36 | 29715 |
| &nbsp;&nbsp;&nbsp;3.50%, 07/17/25 (Call 04/17/25) | 100 | 97996 |
| &nbsp;&nbsp;&nbsp;3.60%, 03/01/24 (Call 12/01/23) | 10 | 9874 |
| &nbsp;&nbsp;&nbsp;3.60%, 08/13/42 | 30 | 25560 |
| &nbsp;&nbsp;&nbsp;3.63%, 03/19/50 (Call 09/19/49) | 86 | 73320 |
| &nbsp;&nbsp;&nbsp;3.88%, 03/19/60 (Call 09/19/59) | 40 | 35873 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/05/42 | 10 | 9076 |
| &nbsp;&nbsp;&nbsp;4.00%, 05/02/47 (Call 11/02/46) | 20 | 17756 |
| &nbsp;&nbsp;&nbsp;4.20%, 07/18/52 (Call 01/18/52) | 35 | 32782 |
| &nbsp;&nbsp;&nbsp;4.45%, 04/14/46 (Call 10/14/45) | 5 | 4850 |
| &nbsp;&nbsp;&nbsp;5.50%, 01/15/40 | 25 | 26868 |
| &nbsp;&nbsp;&nbsp;7.00%, 03/01/29 | 5 | 5692 |
|  |  | 4424440 |
| **Biotechnology — 0.4%** |  |  |
| Amgen Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.65%, 08/15/28 (Call 06/15/28) | 25 | 21246 |
| &nbsp;&nbsp;&nbsp;1.90%, 02/21/25 (Call 01/21/25) | 95 | 89631 |
| &nbsp;&nbsp;&nbsp;2.00%, 01/15/32 (Call 10/15/31) | 200 | 159392 |
| &nbsp;&nbsp;&nbsp;2.20%, 02/21/27 (Call 12/21/26) | 143 | 130134 |
| &nbsp;&nbsp;&nbsp;2.30%, 02/25/31 (Call 11/25/30) | 56 | 46723 |
| &nbsp;&nbsp;&nbsp;2.45%, 02/21/30 (Call 11/21/29) | 70 | 60061 |
| &nbsp;&nbsp;&nbsp;2.60%, 08/19/26 (Call 05/19/26) | 77 | 71721 |
| &nbsp;&nbsp;&nbsp;2.77%, 09/01/53 (Call 03/01/53) | 125 | 77491 |
| &nbsp;&nbsp;&nbsp;2.80%, 08/15/41 (Call 02/15/41) | 85 | 61009 |
| &nbsp;&nbsp;&nbsp;3.00%, 02/22/29 (Call 12/22/28) | 5 | 4525 |
| &nbsp;&nbsp;&nbsp;3.00%, 01/15/52 (Call 07/15/51) | 5 | 3326 |
| &nbsp;&nbsp;&nbsp;3.13%, 05/01/25 (Call 02/01/25) | 37 | 35804 |
| &nbsp;&nbsp;&nbsp;3.15%, 02/21/40 (Call 08/21/39) | 212 | 162267 |
| &nbsp;&nbsp;&nbsp;3.20%, 11/02/27 (Call 08/02/27) | 70 | 65981 |
| &nbsp;&nbsp;&nbsp;3.38%, 02/21/50 (Call 08/21/49) | 132 | 96137 |
| &nbsp;&nbsp;&nbsp;3.63%, 05/22/24 (Call 02/22/24) | 269 | 264812 |
| &nbsp;&nbsp;&nbsp;4.05%, 08/18/29 (Call 06/18/29) | 200 | 190574 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Biotechnology (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.20%, 02/22/52 (Call 08/22/51) | $10 | $8255 |
| &nbsp;&nbsp;&nbsp;4.40%, 05/01/45 (Call 11/01/44) | 117 | 101006 |
| &nbsp;&nbsp;&nbsp;4.40%, 02/22/62 (Call 08/22/61) | 40 | 32853 |
| &nbsp;&nbsp;&nbsp;4.56%, 06/15/48 (Call 12/15/47) | 75 | 66507 |
| &nbsp;&nbsp;&nbsp;4.66%, 06/15/51 (Call 12/15/50) | 257 | 231033 |
| &nbsp;&nbsp;&nbsp;4.88%, 03/01/53 (Call 09/01/52) | 10 | 9133 |
| &nbsp;&nbsp;&nbsp;4.95%, 10/01/41 | 211 | 200087 |
| &nbsp;&nbsp;&nbsp;5.15%, 11/15/41 (Call 05/15/41) | 87 | 83365 |
| &nbsp;&nbsp;&nbsp;6.38%, 06/01/37 | 85 | 93206 |
| &nbsp;&nbsp;&nbsp;6.40%, 02/01/39 | 75 | 81410 |
| Biogen Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.25%, 05/01/30 (Call 02/01/30) | 129 | 106503 |
| &nbsp;&nbsp;&nbsp;3.15%, 05/01/50 (Call 11/01/49) | 125 | 85821 |
| &nbsp;&nbsp;&nbsp;3.25%, 02/15/51 (Call 08/15/50) | 119 | 82703 |
| &nbsp;&nbsp;&nbsp;4.05%, 09/15/25 (Call 06/15/25) | 120 | 116983 |
| &nbsp;&nbsp;&nbsp;5.20%, 09/15/45 (Call 03/15/45) | 45 | 42905 |
| CSL Finance PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.05%, 04/27/29 (Call 02/27/29)<sup>(b)</sup> | 10 | 9528 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 04/27/32 (Call 01/27/32)<sup>(b)</sup> | 20 | 19026 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 04/27/42 (Call 10/27/41)<sup>(b)</sup> | 10 | 9070 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 04/27/52 (Call 10/27/51)<sup>(b)</sup> | 160 | 145720 |
| Grifols Escrow Issuer SA, 4.75%, 10/15/28 (Call 10/15/24)<sup>(b)</sup> | 55 | 46009 |
| Illumina Inc., 2.55%, 03/23/31 (Call 12/23/30) | 95 | 75119 |
| Regeneron Pharmaceuticals Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.75%, 09/15/30 (Call 06/15/30) | 119 | 93544 |
| &nbsp;&nbsp;&nbsp;2.80%, 09/15/50 (Call 03/15/50) | 91 | 58278 |
|  |  | 3338898 |
| **Building Materials — 0.3%** |  |  |
| Boise Cascade Co., 4.88%, 07/01/30 (Call 07/01/25)<sup>(b)</sup> | 35 | 30203 |
| Builders FirstSource Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 02/01/32 (Call 08/01/26)<sup>(b)</sup> | 100 | 81115 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 03/01/30 (Call 03/01/25)<sup>(b)</sup> | 40 | 35474 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.38%, 06/15/32 (Call 06/15/27)<sup>(b)</sup> | 50 | 46342 |
| Camelot Return Merger Sub Inc., 8.75%, 08/01/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 07/22/24)<sup>(b)</sup> | 50 | 44988 |
| Carrier Global Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.24%, 02/15/25 (Call 01/15/25) | 45 | 42498 |
| &nbsp;&nbsp;&nbsp;2.49%, 02/15/27 (Call 12/15/26) | 14 | 12706 |
| &nbsp;&nbsp;&nbsp;2.70%, 02/15/31 (Call 11/15/30) | 65 | 54440 |
| &nbsp;&nbsp;&nbsp;2.72%, 02/15/30 (Call 11/15/29) | 104 | 88771 |
| &nbsp;&nbsp;&nbsp;3.38%, 04/05/40 (Call 10/05/39) | 114 | 88803 |
| &nbsp;&nbsp;&nbsp;3.58%, 04/05/50 (Call 10/05/49) | 192 | 140749 |
| Cornerstone Building Brands Inc., 6.13%, 01/15/29 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 09/15/23)<sup>(b)</sup> | 40 | 27027 |
| CRH America Finance Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.95%, 04/04/28 (Call 01/04/28)<sup>(b)</sup> | 55 | 51961 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.40%, 05/09/47 (Call 11/09/46)<sup>(b)</sup> | 10 | 8323 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 04/04/48 (Call 10/04/47)<sup>(b)</sup> | 11 | 9209 |
| CRH America Inc., 5.13%, 05/18/45 (Call 11/18/44)<sup>(b)</sup> | 35 | 31628 |
| Fortune Brands Home & Security Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 09/15/29 (Call 06/15/29) | 62 | 53502 |
| &nbsp;&nbsp;&nbsp;4.00%, 06/15/25 (Call 03/15/25) | 117 | 113427 |
| James Hardie International Finance DAC, 5.00%, 01/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 01/15/23)<sup>(b)</sup> | 25 | 23068 |
| Jeld-Wen Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 12/15/25 (Call 01/03/23)<sup>(b)</sup> | 30 | 25424 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 12/15/27 (Call 01/03/23)<sup>(b)</sup> | 30 | 23468 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 05/15/25 (Call 01/03/23)<sup>(b)</sup> | 30 | 28473 |
| Lennox International Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.35%, 08/01/25 (Call 07/01/25) | 194 | 175803 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Building Materials (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;1.70%, 08/01/27 (Call 06/01/27) | $62 | $53218 |
| Louisiana-Pacific Corp., 3.63%, 03/15/29 (Call 03/15/24)<sup>(b)</sup> | 25 | 21273 |
| Martin Marietta Materials Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.40%, 07/15/31 (Call 04/15/31) | 32 | 26075 |
| &nbsp;&nbsp;&nbsp;3.20%, 07/15/51 (Call 01/15/51) | 67 | 46335 |
| &nbsp;&nbsp;&nbsp;3.45%, 06/01/27 (Call 03/01/27) | 35 | 32805 |
| &nbsp;&nbsp;&nbsp;3.50%, 12/15/27 (Call 09/15/27) | 60 | 56067 |
| &nbsp;&nbsp;&nbsp;4.25%, 07/02/24 (Call 04/02/24) | 5 | 4929 |
| &nbsp;&nbsp;&nbsp;4.25%, 12/15/47 (Call 06/15/47) | 95 | 77980 |
| &nbsp;&nbsp;&nbsp;Series CB, 2.50%, 03/15/30 (Call 12/15/29) | 42 | 35083 |
| Masco Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.00%, 10/01/30 (Call 07/01/30) | 94 | 73565 |
| &nbsp;&nbsp;&nbsp;2.00%, 02/15/31 (Call 11/15/30) | 15 | 11705 |
| &nbsp;&nbsp;&nbsp;3.13%, 02/15/51 (Call 08/15/50) | 5 | 3172 |
| &nbsp;&nbsp;&nbsp;3.50%, 11/15/27 (Call 08/15/27) | 35 | 32202 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 05/15/47 (Call 11/15/46)<sup>(c)</sup> | 70 | 56324 |
| Masonite International Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 02/15/30 (Call 08/15/29)<sup>(b)</sup> | 25 | 19570 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 02/01/28 (Call 02/01/23)<sup>(b)</sup> | 40 | 36757 |
| Owens Corning |  |  |
| &nbsp;&nbsp;&nbsp;3.40%, 08/15/26 (Call 05/15/26) | 114 | 107235 |
| &nbsp;&nbsp;&nbsp;3.88%, 06/01/30 (Call 03/01/30) | 45 | 40649 |
| &nbsp;&nbsp;&nbsp;3.95%, 08/15/29 (Call 05/15/29) | 5 | 4552 |
| &nbsp;&nbsp;&nbsp;4.20%, 12/01/24 (Call 09/01/24) | 39 | 38393 |
| &nbsp;&nbsp;&nbsp;4.30%, 07/15/47 (Call 01/15/47) | 50 | 39722 |
| &nbsp;&nbsp;&nbsp;4.40%, 01/30/48 (Call 07/30/47) | 45 | 35568 |
| &nbsp;&nbsp;&nbsp;7.00%, 12/01/36 | 25 | 27077 |
| St Marys Cement Inc. Canada, 5.75%, 01/28/27 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 10/28/26)<sup>(b)(c)</sup> | 15 | 15088 |
| Summit Materials LLC/Summit Materials Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 01/15/29 (Call 07/15/23)<sup>(b)</sup> | 56 | 51695 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 03/15/27 (Call 12/12/22)<sup>(b)</sup> | 25 | 24470 |
| Vulcan Materials Co. |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 06/01/30 (Call 03/01/30) | 70 | 62595 |
| &nbsp;&nbsp;&nbsp;3.90%, 04/01/27 (Call 01/01/27) | 175 | 167240 |
| &nbsp;&nbsp;&nbsp;4.50%, 04/01/25 (Call 01/01/25) | 50 | 49618 |
| &nbsp;&nbsp;&nbsp;4.50%, 06/15/47 (Call 12/15/46) | 27 | 23069 |
| &nbsp;&nbsp;&nbsp;4.70%, 03/01/48 (Call 09/01/47) | 40 | 34873 |
|  |  | 2546306 |
| **Chemicals — 0.5%** |  |  |
| Air Liquide Finance SA, 3.50%, 09/27/46 (Call 03/27/46)<sup>(b)</sup> | 15 | 11808 |
| Air Products and Chemicals Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.50%, 10/15/25 (Call 09/15/25) | 115 | 105600 |
| &nbsp;&nbsp;&nbsp;1.85%, 05/15/27 (Call 03/15/27) | 43 | 38477 |
| &nbsp;&nbsp;&nbsp;2.05%, 05/15/30 (Call 02/15/30) | 79 | 66455 |
| &nbsp;&nbsp;&nbsp;2.70%, 05/15/40 (Call 11/15/39) | 90 | 68209 |
| &nbsp;&nbsp;&nbsp;2.80%, 05/15/50 (Call 11/15/49) | 50 | 35534 |
| &nbsp;&nbsp;&nbsp;3.35%, 07/31/24 (Call 04/30/24) | 55 | 53833 |
| Albemarle Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.45%, 12/01/44 (Call 06/01/44) | 70 | 65231 |
| &nbsp;&nbsp;&nbsp;5.65%, 06/01/52 (Call 12/01/51) | 10 | 9386 |
| Avient Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 05/15/25 (Call 01/03/23)<sup>(b)</sup> | 50 | 48862 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.13%, 08/01/30 (Call 08/01/25)<sup>(b)</sup> | 50 | 49052 |
| Axalta Coating Systems LLC, 3.38%, 02/15/29 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 02/15/24)<sup>(b)(c)</sup> | 50 | 40953 |
| Axalta Coating Systems LLC/Axalta Coating Systems Dutch Holding B BV, 4.75%, 06/15/27 (Call 06/15/23)<sup>(b)(c)</sup> | 50 | 45813 |
| Celanese U.S. Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;1.40%, 08/05/26 (Call 07/05/26) | 40 | 33191 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Chemicals (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 05/08/24 (Call 04/08/24) | $80 | $77691 |
| &nbsp;&nbsp;&nbsp;6.17%, 07/15/27 (Call 06/15/27) | 105 | 102838 |
| &nbsp;&nbsp;&nbsp;6.33%, 07/15/29 (Call 05/15/29) | 105 | 101006 |
| &nbsp;&nbsp;&nbsp;6.38%, 07/15/32 (Call 04/15/32) | 105 | 100253 |
| CF Industries Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.95%, 06/01/43 | 5 | 4358 |
| &nbsp;&nbsp;&nbsp;5.15%, 03/15/34 | 100 | 95674 |
| &nbsp;&nbsp;&nbsp;5.38%, 03/15/44 | 50 | 45740 |
| Diamond BC BV, 4.63%, 10/01/29 (Call 10/01/24)<sup>(b)</sup> | 20 | 15075 |
| Element Solutions Inc., 3.88%, 09/01/28 (Call 09/01/23)<sup>(b)</sup> | 70 | 59890 |
| FMC Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.45%, 10/01/29 (Call 07/01/29) | 10 | 8907 |
| &nbsp;&nbsp;&nbsp;4.50%, 10/01/49 (Call 04/01/49) | 60 | 48501 |
| HB Fuller Co. |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 02/15/27 (Call 11/15/26) | 30 | 27703 |
| &nbsp;&nbsp;&nbsp;4.25%, 10/15/28 (Call 10/15/23) | 25 | 22270 |
| Ingevity Corp., 3.88%, 11/01/28 (Call 11/01/23)<sup>(b)</sup> | 45 | 38371 |
| International Flavors & Fragrances Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.23%, 10/01/25 (Call 09/01/25)<sup>(b)</sup> | 170 | 150503 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.83%, 10/15/27 (Call 08/15/27)<sup>(b)</sup> | 100 | 83739 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.30%, 11/01/30 (Call 08/01/30)<sup>(b)</sup> | 169 | 133895 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.27%, 11/15/40 (Call 05/15/40)<sup>(b)</sup> | 92 | 66789 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.47%, 12/01/50 (Call 06/01/50)<sup>(b)</sup> | 81 | 55734 |
| &nbsp;&nbsp;&nbsp;4.38%, 06/01/47 (Call 12/01/46) | 60 | 47270 |
| &nbsp;&nbsp;&nbsp;4.45%, 09/26/28 (Call 06/26/28) | 15 | 14150 |
| &nbsp;&nbsp;&nbsp;5.00%, 09/26/48 (Call 03/26/48) | 75 | 64637 |
| Linde Inc./CT |  |  |
| &nbsp;&nbsp;&nbsp;1.10%, 08/10/30 (Call 05/10/30) | 34 | 26341 |
| &nbsp;&nbsp;&nbsp;2.00%, 08/10/50 (Call 02/10/50) | 60 | 34637 |
| &nbsp;&nbsp;&nbsp;2.65%, 02/05/25 (Call 11/05/24) | 35 | 33647 |
| &nbsp;&nbsp;&nbsp;3.20%, 01/30/26 (Call 10/30/25) | 95 | 91971 |
| &nbsp;&nbsp;&nbsp;3.55%, 11/07/42 (Call 05/07/42) | 50 | 41175 |
| Methanex Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 12/01/24 (Call 09/01/24) | 20 | 19354 |
| &nbsp;&nbsp;&nbsp;5.13%, 10/15/27 (Call 04/15/27) | 55 | 50902 |
| &nbsp;&nbsp;&nbsp;5.25%, 12/15/29 (Call 09/15/29) | 55 | 49145 |
| &nbsp;&nbsp;&nbsp;5.65%, 12/01/44 (Call 06/01/44) | 20 | 15110 |
| Nutrien Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;2.95%, 05/13/30 (Call 02/13/30) | 94 | 80959 |
| &nbsp;&nbsp;&nbsp;3.00%, 04/01/25 (Call 01/01/25) | 20 | 19110 |
| &nbsp;&nbsp;&nbsp;3.95%, 05/13/50 (Call 11/13/49) | 70 | 55024 |
| &nbsp;&nbsp;&nbsp;4.00%, 12/15/26 (Call 09/15/26) | 20 | 19231 |
| &nbsp;&nbsp;&nbsp;4.13%, 03/15/35 (Call 09/15/34) | 60 | 52601 |
| &nbsp;&nbsp;&nbsp;4.20%, 04/01/29 (Call 01/01/29) | 55 | 52060 |
| &nbsp;&nbsp;&nbsp;4.90%, 06/01/43 (Call 12/01/42) | 30 | 26906 |
| &nbsp;&nbsp;&nbsp;5.00%, 04/01/49 (Call 10/01/48) | 51 | 46909 |
| &nbsp;&nbsp;&nbsp;5.25%, 01/15/45 (Call 07/15/44) | 74 | 68831 |
| &nbsp;&nbsp;&nbsp;5.63%, 12/01/40 | 5 | 4880 |
| &nbsp;&nbsp;&nbsp;5.88%, 12/01/36 | 35 | 35848 |
| OCI NV, 4.63%, 10/15/25 (Call 01/02/23)<sup>(b)</sup> | 50 | 47933 |
| PPG Industries Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.20%, 03/15/26 (Call 02/15/26) | 40 | 35658 |
| &nbsp;&nbsp;&nbsp;2.40%, 08/15/24 (Call 07/15/24) | 15 | 14355 |
| &nbsp;&nbsp;&nbsp;2.55%, 06/15/30 (Call 03/15/30) | 100 | 84924 |
| &nbsp;&nbsp;&nbsp;3.75%, 03/15/28 (Call 12/15/27) | 144 | 136774 |
| Rayonier AM Products Inc., 7.63%, 01/15/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 01/15/24)<sup>(b)</sup> | 20 | 18855 |
| SABIC Capital II BV, 4.50%, 10/10/28<sup>(d)</sup> | 200 | 196382 |
| Sherwin-Williams Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;2.20%, 03/15/32 (Call 12/15/31) | 65 | 51552 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Chemicals (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;2.30%, 05/15/30 (Call 02/15/30) | $35 | $29034 |
| &nbsp;&nbsp;&nbsp;2.90%, 03/15/52 (Call 09/15/51) | 60 | 38852 |
| &nbsp;&nbsp;&nbsp;2.95%, 08/15/29 (Call 05/15/29) | 25 | 22025 |
| &nbsp;&nbsp;&nbsp;3.30%, 05/15/50 (Call 11/15/49) | 30 | 21213 |
| &nbsp;&nbsp;&nbsp;3.45%, 08/01/25 (Call 05/01/25) | 10 | 9634 |
| &nbsp;&nbsp;&nbsp;3.45%, 06/01/27 (Call 03/01/27) | 89 | 83642 |
| &nbsp;&nbsp;&nbsp;3.80%, 08/15/49 (Call 02/15/49) | 65 | 49691 |
| &nbsp;&nbsp;&nbsp;3.95%, 01/15/26 (Call 10/15/25) | 15 | 14648 |
| &nbsp;&nbsp;&nbsp;4.50%, 06/01/47 (Call 12/01/46) | 110 | 95493 |
| &nbsp;&nbsp;&nbsp;4.55%, 08/01/45 (Call 02/01/45) | 16 | 13636 |
| Trinseo Materials Operating SCA/Trinseo Materials |  |  |
| Finance Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 04/01/29 (Call 04/01/24)<sup>(b)</sup> | 35 | 22449 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 09/01/25 (Call 01/02/23)<sup>(b)(c)</sup> | 45 | 36359 |
| Tronox Inc., 4.63%, 03/15/29 (Call 03/15/24)<sup>(b)</sup> | 85 | 68597 |
| Yara International ASA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.15%, 06/04/30 (Call 03/04/30)<sup>(b)</sup> | 105 | 84625 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.80%, 06/06/26 (Call 03/06/26)<sup>(b)</sup> | 15 | 13864 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 06/01/28 (Call 03/01/28)<sup>(b)</sup> | 135 | 125184 |
|  |  | 4177418 |
| **Commercial Services — 0.9%** |  |  |
| ADT Security Corp. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 08/01/29 (Call 08/01/28)<sup>(b)</sup> | 80 | 69766 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 07/15/32<sup>(b)(c)</sup> | 55 | 47965 |
| AMN Healthcare Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 04/15/29 (Call 04/15/24)<sup>(b)</sup> | 35 | 30705 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 10/01/27 (Call 01/03/23)<sup>(b)</sup> | 35 | 32363 |
| APi Escrow Corp., 4.75%, 10/15/29 (Call 10/15/24)<sup>(b)</sup> | 30 | 26373 |
| APi Group DE Inc., 4.13%, 07/15/29 (Call 07/15/24)<sup>(b)(c)</sup> | 26 | 21638 |
| APX Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 07/15/29 (Call 07/15/24)<sup>(b)(c)</sup> | 60 | 51116 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 02/15/27 (Call 02/15/23)<sup>(b)</sup> | 45 | 44618 |
| ASGN Inc., 4.63%, 05/15/28 (Call 05/15/23)<sup>(b)</sup> | 40 | 35716 |
| Ashtead Capital Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.50%, 08/12/26 (Call 07/12/26)<sup>(b)</sup> | 15 | 12847 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.45%, 08/12/31 (Call 05/12/31)<sup>(b)</sup> | 15 | 11652 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 05/01/28 (Call 05/01/23)<sup>(b)</sup> | 25 | 22692 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 08/11/32 (Call 05/11/32)<sup>(b)</sup> | 200 | 191870 |
| Automatic Data Processing Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.25%, 09/01/30 (Call 06/01/30) | 111 | 88546 |
| &nbsp;&nbsp;&nbsp;1.70%, 05/15/28 (Call 03/15/28) | 57 | 50207 |
| &nbsp;&nbsp;&nbsp;3.38%, 09/15/25 (Call 06/15/25) | 232 | 226434 |
| Avis Budget Car Rental LLC/Avis Budget Finance Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 04/01/28 (Call 04/01/24)<sup>(b)</sup> | 35 | 30731 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 03/01/29 (Call 03/01/24)<sup>(b)</sup> | 50 | 44185 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 07/15/27 (Call 01/03/23)<sup>(b)</sup> | 70 | 64737 |
| Block Financial LLC |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 07/15/28 (Call 05/15/28) | 130 | 111185 |
| &nbsp;&nbsp;&nbsp;3.88%, 08/15/30 (Call 05/15/30) | 15 | 13277 |
| &nbsp;&nbsp;&nbsp;5.25%, 10/01/25 (Call 07/01/25) | 25 | 24914 |
| Block Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.75%, 06/01/26 (Call 05/01/26)<sup>(c)</sup> | 80 | 71012 |
| &nbsp;&nbsp;&nbsp;3.50%, 06/01/31 (Call 03/01/31) | 75 | 60908 |
| Carriage Services Inc., 4.25%, 05/15/29 (Call 05/15/24)<sup>(b)(c)</sup> | 30 | 22488 |
| Cintas Corp. No. 2, 3.70%, 04/01/27 (Call 01/01/27) | 145 | 140441 |
| Deluxe Corp., 8.00%, 06/01/29 (Call 06/01/24)<sup>(b)</sup> | 40 | 33105 |
| Element Fleet Management Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.60%, 04/06/24 (Call 03/06/24)<sup>(b)</sup> | 117 | 110550 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.85%, 06/15/25 (Call 05/15/25)<sup>(b)</sup> | 37 | 35242 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Commercial Services (continued)** |  |  |
| ERAC USA Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.30%, 12/01/26 (Call 09/01/26)<sup>(b)</sup> | $240 | $222842 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.80%, 11/01/25 (Call 08/01/25)<sup>(b)</sup> | 77 | 73751 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.85%, 11/15/24 (Call 08/15/24)<sup>(b)</sup> | 75 | 72691 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.20%, 11/01/46 (Call 05/01/46)<sup>(b)</sup> | 47 | 36258 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 02/15/45 (Call 08/15/44)<sup>(b)</sup> | 70 | 57114 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.70%, 06/01/34<sup>(b)</sup> | 5 | 5271 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 10/15/37<sup>(b)</sup> | 30 | 32718 |
| Gartner Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 06/15/29 (Call 06/15/24)<sup>(b)</sup> | 45 | 39446 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 10/01/30 (Call 10/01/25)<sup>(b)</sup> | 60 | 51907 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 07/01/28 (Call 07/01/23)<sup>(b)</sup> | 65 | 61167 |
| Global Payments Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.20%, 03/01/26 (Call 02/01/26) | 5 | 4363 |
| &nbsp;&nbsp;&nbsp;2.90%, 11/15/31 (Call 08/15/31) | 170 | 135121 |
| &nbsp;&nbsp;&nbsp;3.20%, 08/15/29 (Call 05/15/29) | 200 | 171262 |
| &nbsp;&nbsp;&nbsp;5.95%, 08/15/52 (Call 02/15/52) | 60 | 54919 |
| Grand Canyon University |  |  |
| &nbsp;&nbsp;&nbsp;4.13%, 10/01/24 | 35 | 33103 |
| &nbsp;&nbsp;&nbsp;5.13%, 10/01/28 (Call 08/01/28) | 40 | 37177 |
| GXO Logistics Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.65%, 07/15/26 (Call 06/15/26) | 150 | 128844 |
| &nbsp;&nbsp;&nbsp;2.65%, 07/15/31 (Call 04/15/31) | 35 | 25970 |
| Herc Holdings Inc., 5.50%, 07/15/27 (Call 01/03/23)<sup>(b)</sup> | 101 | 94467 |
| Hertz Corp. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 12/01/26 (Call 12/01/23)<sup>(b)</sup> | 45 | 39064 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 12/01/29 (Call 12/01/24)<sup>(b)</sup> | 75 | 59341 |
| Korn Ferry, 4.63%, 12/15/27 (Call 01/03/23)<sup>(b)</sup> | 30 | 27451 |
| MoneyGram International Inc., 5.38%, 08/01/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 08/01/23)<sup>(b)</sup> | 25 | 25251 |
| Moody's Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.00%, 08/19/31 (Call 05/19/31) | 140 | 111727 |
| &nbsp;&nbsp;&nbsp;2.55%, 08/18/60 (Call 02/18/60) | 82 | 47143 |
| &nbsp;&nbsp;&nbsp;3.10%, 11/29/61 (Call 05/29/61) | 35 | 22792 |
| &nbsp;&nbsp;&nbsp;3.25%, 01/15/28 (Call 10/15/27) | 12 | 11097 |
| &nbsp;&nbsp;&nbsp;3.25%, 05/20/50 (Call 11/20/49) | 46 | 32464 |
| &nbsp;&nbsp;&nbsp;3.75%, 03/24/25 (Call 02/24/25) | 40 | 39027 |
| &nbsp;&nbsp;&nbsp;3.75%, 02/25/52 (Call 08/25/51) | 35 | 27362 |
| &nbsp;&nbsp;&nbsp;4.25%, 02/01/29 (Call 11/01/28) | 7 | 6731 |
| &nbsp;&nbsp;&nbsp;4.88%, 02/15/24 (Call 11/15/23) | 34 | 33936 |
| &nbsp;&nbsp;&nbsp;4.88%, 12/17/48 (Call 06/17/48) | 24 | 22088 |
| &nbsp;&nbsp;&nbsp;5.25%, 07/15/44 | 77 | 74970 |
| PayPal Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.65%, 06/01/25 (Call 05/01/25) | 59 | 54893 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.30%, 06/01/30 (Call 03/01/30)<sup>(c)</sup> | 79 | 65579 |
| &nbsp;&nbsp;&nbsp;2.40%, 10/01/24 (Call 09/01/24) | 81 | 77615 |
| &nbsp;&nbsp;&nbsp;2.65%, 10/01/26 (Call 08/01/26) | 95 | 88391 |
| &nbsp;&nbsp;&nbsp;2.85%, 10/01/29 (Call 07/01/29) | 89 | 77930 |
| &nbsp;&nbsp;&nbsp;3.25%, 06/01/50 (Call 12/01/49) | 102 | 72277 |
| &nbsp;&nbsp;&nbsp;4.40%, 06/01/32 (Call 03/01/32) | 160 | 152448 |
| &nbsp;&nbsp;&nbsp;5.25%, 06/01/62 (Call 12/01/61) | 30 | 27916 |
| Picasso Finance Sub Inc., 6.13%, 06/15/25 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 12/16/22)<sup>(b)(c)</sup> | 33 | 32929 |
| Prime Security Services Borrower LLC/Prime Finance Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 08/31/27 (Call 08/31/26)<sup>(b)</sup> | 75 | 65991 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 04/15/24<sup>(b)</sup> | 55 | 54502 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 04/15/26<sup>(b)</sup> | 115 | 113807 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 01/15/28 (Call 01/15/23)<sup>(b)</sup> | 95 | 88660 |
| Quanta Services Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.35%, 01/15/32 (Call 10/15/31) | 85 | 65815 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Commercial Services (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;2.90%, 10/01/30 (Call 07/01/30) | $46 | $38294 |
| &nbsp;&nbsp;&nbsp;3.05%, 10/01/41 (Call 04/01/41) | 95 | 64308 |
| RELX Capital Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 05/22/30 (Call 02/22/30) | 65 | 56459 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/18/29 (Call 12/18/28) | 157 | 147932 |
| Ritchie Bros. Auctioneers Inc., 5.38%, 01/15/25 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 01/03/23)<sup>(b)</sup> | 35 | 34526 |
| RR Donnelley & Sons Co., 8.50%, 04/15/29<sup>(b)</sup> | 26 | 40235 |
| S&P Global Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.25%, 08/15/30 (Call 05/15/30) | 44 | 34274 |
| &nbsp;&nbsp;&nbsp;2.30%, 08/15/60 (Call 02/15/60) | 90 | 51848 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.45%, 03/01/27 (Call 02/01/27)<sup>(b)</sup> | 35 | 32220 |
| &nbsp;&nbsp;&nbsp;2.50%, 12/01/29 (Call 09/01/29) | 20 | 17336 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.70%, 03/01/29 (Call 01/01/29)<sup>(b)</sup> | 100 | 89038 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.90%, 03/01/32 (Call 12/01/31)<sup>(b)</sup> | 50 | 43142 |
| &nbsp;&nbsp;&nbsp;2.95%, 01/22/27 (Call 10/22/26) | 12 | 11336 |
| &nbsp;&nbsp;&nbsp;3.25%, 12/01/49 (Call 06/01/49) | 71 | 52504 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.70%, 03/01/52 (Call 09/01/51)<sup>(b)</sup> | 30 | 24135 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.90%, 03/01/62 (Call 09/01/61)<sup>(b)</sup> | 10 | 8062 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 05/01/29 (Call 02/01/29)<sup>(b)</sup> | 50 | 48331 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 08/01/28 (Call 05/01/28)<sup>(b)</sup> | 50 | 49766 |
| Service Corp. International/U.S. |  |  |
| &nbsp;&nbsp;&nbsp;3.38%, 08/15/30 (Call 08/15/25) | 65 | 54110 |
| &nbsp;&nbsp;&nbsp;4.00%, 05/15/31 (Call 05/15/26) | 65 | 55683 |
| &nbsp;&nbsp;&nbsp;4.63%, 12/15/27 (Call 01/03/23) | 40 | 37336 |
| &nbsp;&nbsp;&nbsp;5.13%, 06/01/29 (Call 06/01/24) | 60 | 56878 |
| &nbsp;&nbsp;&nbsp;7.50%, 04/01/27 | 15 | 15199 |
| Sodexo Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.63%, 04/16/26 (Call 03/16/26)<sup>(b)</sup> | 130 | 114711 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.72%, 04/16/31 (Call 01/16/31)<sup>(b)</sup> | 10 | 7983 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sotheby's, 7.38%, 10/15/27 (Call 12/12/22)<sup>(b)(c)</sup> | 55 | 53833 |
| Sotheby's/Bidfair Holdings Inc., 5.88%, 06/01/29 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 06/01/24)<sup>(b)</sup> | 30 | 25200 |
| Transurban Finance Co. Pty Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.45%, 03/16/31 (Call 12/16/30)<sup>(b)</sup> | 42 | 33337 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 03/22/27 (Call 12/22/26)<sup>(b)</sup> | 93 | 85509 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 02/02/26 (Call 11/02/25)<sup>(b)</sup> | 37 | 35568 |
| TriNet Group Inc., 3.50%, 03/01/29 (Call 03/01/24)<sup>(b)</sup> | 40 | 33240 |
| Triton Container International Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.15%, 06/07/24 (Call 05/07/24)<sup>(b)</sup> | 75 | 69237 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.05%, 04/15/26 (Call 03/15/26)<sup>(b)</sup> | 107 | 92880 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.15%, 06/15/31 (Call 03/15/31)<sup>(b)</sup> | 75 | 59208 |
| Triton Container International Ltd./TAL International Container |  |  |
| &nbsp;&nbsp;&nbsp;Corp., 3.25%, 03/15/32 (Call 12/15/31) | 25 | 19477 |
| United Rentals North America Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.75%, 01/15/32 (Call 07/15/26) | 65 | 53646 |
| &nbsp;&nbsp;&nbsp;3.88%, 11/15/27 (Call 01/03/23) | 41 | 37506 |
| &nbsp;&nbsp;&nbsp;3.88%, 02/15/31 (Call 08/15/25) | 80 | 68819 |
| &nbsp;&nbsp;&nbsp;4.00%, 07/15/30 (Call 07/15/25) | 55 | 47782 |
| &nbsp;&nbsp;&nbsp;4.88%, 01/15/28 (Call 01/15/23) | 125 | 119339 |
| &nbsp;&nbsp;&nbsp;5.25%, 01/15/30 (Call 01/15/25) | 60 | 56772 |
| &nbsp;&nbsp;&nbsp;5.50%, 05/15/27 (Call 01/03/23) | 44 | 43421 |
| Verisk Analytics Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.63%, 05/15/50 (Call 11/15/49) | 39 | 27683 |
| &nbsp;&nbsp;&nbsp;4.00%, 06/15/25 (Call 03/15/25) | 80 | 78357 |
| &nbsp;&nbsp;&nbsp;4.13%, 03/15/29 (Call 12/15/28) | 70 | 66363 |
| &nbsp;&nbsp;&nbsp;5.50%, 06/15/45 (Call 12/15/44) | 37 | 34900 |
| Williams Scotsman International Inc., 4.63%, 08/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 08/15/23)<sup>(b)</sup> | 50 | 45448 |
| WW International Inc., 4.50%, 04/15/29 (Call 04/15/24)<sup>(b)</sup> | 35 | 20167 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Commercial Services (continued)** |  |  |
| ZipRecruiter Inc., 5.00%, 01/15/30 (Call 01/15/25)<sup>(b)</sup> | $50 | $40861 |
|  |  | 7119070 |
| **Computers — 0.5%** |  |  |
| Booz Allen Hamilton Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 09/01/28 (Call 09/01/23)<sup>(b)</sup> | 55 | 49565 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 07/01/29 (Call 07/01/24)<sup>(b)</sup> | 50 | 44484 |
| CGI Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.45%, 09/14/26 (Call 08/14/26) | 65 | 57396 |
| &nbsp;&nbsp;&nbsp;2.30%, 09/14/31 (Call 06/14/31) | 100 | 76416 |
| Crowdstrike Holdings Inc., 3.00%, 02/15/29 (Call 02/15/24) | 60 | 50674 |
| Dell Inc. |  |  |
| &nbsp;&nbsp;&nbsp;6.50%, 04/15/38 | 45 | 45049 |
| &nbsp;&nbsp;&nbsp;7.10%, 04/15/28 | 25 | 26402 |
| Dell International LLC/EMC Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 12/15/41 (Call 06/15/41)<sup>(b)</sup> | 15 | 10352 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.45%, 12/15/51 (Call 06/15/51)<sup>(b)</sup> | 105 | 67849 |
| &nbsp;&nbsp;&nbsp;4.00%, 07/15/24 (Call 06/15/24) | 22 | 21587 |
| &nbsp;&nbsp;&nbsp;4.90%, 10/01/26 (Call 08/01/26) | 62 | 61338 |
| &nbsp;&nbsp;&nbsp;5.30%, 10/01/29 (Call 07/01/29) | 105 | 103369 |
| &nbsp;&nbsp;&nbsp;5.85%, 07/15/25 (Call 06/15/25) | 97 | 98580 |
| &nbsp;&nbsp;&nbsp;6.02%, 06/15/26 (Call 03/15/26) | 169 | 172632 |
| &nbsp;&nbsp;&nbsp;6.10%, 07/15/27 (Call 05/15/27) | 67 | 68969 |
| &nbsp;&nbsp;&nbsp;6.20%, 07/15/30 (Call 04/15/30) | 74 | 76244 |
| &nbsp;&nbsp;&nbsp;8.10%, 07/15/36 (Call 01/15/36) | 116 | 133948 |
| &nbsp;&nbsp;&nbsp;8.35%, 07/15/46 (Call 01/15/46) | 101 | 117936 |
| Diebold Nixdorf Inc. |  |  |
| &nbsp;&nbsp;&nbsp;8.50%, 04/15/24 (Call 01/03/23) | 30 | 16414 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.38%, 07/15/25 (Call 12/16/22)<sup>(b)</sup> | 50 | 35355 |
| DXC Technology Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.80%, 09/15/26 (Call 08/15/26)<sup>(c)</sup> | 40 | 35332 |
| &nbsp;&nbsp;&nbsp;2.38%, 09/15/28 (Call 07/15/28) | 50 | 42905 |
| Exela Intermediate LLC/Exela Finance Inc., 11.50%, 07/15/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 01/03/23)<sup>(b)</sup> | 40 | 6432 |
| Fortinet Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.00%, 03/15/26 (Call 02/15/26) | 27 | 23746 |
| &nbsp;&nbsp;&nbsp;2.20%, 03/15/31 (Call 12/15/30) | 67 | 52380 |
| Hewlett Packard Enterprise Co. |  |  |
| &nbsp;&nbsp;&nbsp;1.45%, 04/01/24 (Call 03/01/24) | 73 | 69632 |
| &nbsp;&nbsp;&nbsp;1.75%, 04/01/26 (Call 03/01/26) | 80 | 72675 |
| &nbsp;&nbsp;&nbsp;4.90%, 10/15/25 (Call 07/15/25) | 64 | 63929 |
| &nbsp;&nbsp;&nbsp;6.20%, 10/15/35 (Call 04/15/35) | 99 | 103864 |
| &nbsp;&nbsp;&nbsp;6.35%, 10/15/45 (Call 04/15/45) | 146 | 149916 |
| HP Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.45%, 06/17/26 (Call 05/17/26) | 200 | 175542 |
| &nbsp;&nbsp;&nbsp;2.20%, 06/17/25 (Call 05/17/25) | 90 | 83999 |
| &nbsp;&nbsp;&nbsp;2.65%, 06/17/31 (Call 03/17/31) | 32 | 25182 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 06/17/27 (Call 04/17/27)<sup>(c)</sup> | 70 | 64150 |
| &nbsp;&nbsp;&nbsp;3.40%, 06/17/30 (Call 03/17/30) | 142 | 122050 |
| &nbsp;&nbsp;&nbsp;4.00%, 04/15/29 (Call 02/15/29) | 35 | 32051 |
| &nbsp;&nbsp;&nbsp;4.20%, 04/15/32 (Call 01/15/32) | 25 | 21907 |
| &nbsp;&nbsp;&nbsp;4.75%, 01/15/28 (Call 12/15/27) | 100 | 97460 |
| &nbsp;&nbsp;&nbsp;5.50%, 01/15/33 (Call 10/15/32) | 30 | 28653 |
| &nbsp;&nbsp;&nbsp;6.00%, 09/15/41 | 71 | 69309 |
| Lenovo Group Ltd., 3.42%, 11/02/30 (Call 08/02/30)<sup>(d)</sup> | 200 | 157606 |
| NCR Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 10/01/28 (Call 10/01/23)<sup>(b)</sup> | 50 | 43494 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 04/15/29 (Call 04/15/24)<sup>(b)</sup> | 95 | 81734 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 10/01/30 (Call 10/01/25)<sup>(b)</sup> | 37 | 31263 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 09/01/27 (Call 12/12/22)<sup>(b)</sup> | 30 | 29172 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 09/01/29 (Call 09/01/24)<sup>(b)</sup> | 40 | 38828 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Computers (continued)** |  |  |
| NetApp Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.88%, 06/22/25 (Call 05/22/25) | $95 | $87571 |
| &nbsp;&nbsp;&nbsp;2.70%, 06/22/30 (Call 03/22/30) | 77 | 64450 |
| &nbsp;&nbsp;&nbsp;3.30%, 09/29/24 (Call 07/29/24) | 20 | 19375 |
| Seagate HDD Cayman |  |  |
| &nbsp;&nbsp;&nbsp;4.09%, 06/01/29 (Call 03/01/29) | 30 | 24828 |
| &nbsp;&nbsp;&nbsp;4.13%, 01/15/31 (Call 10/15/30) | 35 | 27429 |
| &nbsp;&nbsp;&nbsp;4.75%, 01/01/25 | 40 | 38800 |
| &nbsp;&nbsp;&nbsp;4.88%, 03/01/24 (Call 01/01/24) | 45 | 44196 |
| &nbsp;&nbsp;&nbsp;4.88%, 06/01/27 (Call 03/01/27) | 40 | 37655 |
| &nbsp;&nbsp;&nbsp;5.75%, 12/01/34 (Call 06/01/34) | 40 | 33486 |
| &nbsp;&nbsp;&nbsp;9.63%, 12/01/32 | 31 | 35591 |
| Teledyne FLIR LLC, 2.50%, 08/01/30 (Call 05/01/30) | 52 | 42496 |
| Unisys Corp., 6.88%, 11/01/27 (Call 11/01/23)<sup>(b)</sup> | 40 | 28687 |
| Virtusa Corp., 7.13%, 12/15/28 (Call 12/15/23)<sup>(b)</sup> | 31 | 23268 |
| Western Digital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.85%, 02/01/29 (Call 12/01/28) | 60 | 47733 |
| &nbsp;&nbsp;&nbsp;3.10%, 02/01/32 (Call 11/01/31) | 75 | 55740 |
| &nbsp;&nbsp;&nbsp;4.75%, 02/15/26 (Call 11/15/25) | 195 | 183622 |
|  |  | 3852697 |
| **Cosmetics & Personal Care — 0.1%** |  |  |
| Colgate-Palmolive Co. |  |  |
| &nbsp;&nbsp;&nbsp;3.70%, 08/01/47 (Call 02/01/47) | 79 | 69119 |
| &nbsp;&nbsp;&nbsp;4.00%, 08/15/45 | 42 | 38214 |
| Edgewell Personal Care Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 04/01/29 (Call 04/01/24)<sup>(b)</sup> | 40 | 34982 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 06/01/28 (Call 06/01/23)<sup>(b)</sup> | 70 | 66574 |
| Estee Lauder Companies Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;1.95%, 03/15/31 (Call 12/15/30) | 15 | 12172 |
| &nbsp;&nbsp;&nbsp;2.00%, 12/01/24 (Call 11/01/24) | 87 | 82607 |
| &nbsp;&nbsp;&nbsp;2.38%, 12/01/29 (Call 09/01/29) | 69 | 59501 |
| &nbsp;&nbsp;&nbsp;2.60%, 04/15/30 (Call 01/15/30) | 75 | 65203 |
| &nbsp;&nbsp;&nbsp;3.13%, 12/01/49 (Call 06/01/49) | 45 | 32837 |
| &nbsp;&nbsp;&nbsp;3.15%, 03/15/27 (Call 12/15/26) | 63 | 59632 |
| &nbsp;&nbsp;&nbsp;4.15%, 03/15/47 (Call 09/15/46) | 70 | 61565 |
| &nbsp;&nbsp;&nbsp;4.38%, 06/15/45 (Call 12/15/44) | 30 | 26674 |
| &nbsp;&nbsp;&nbsp;6.00%, 05/15/37 | 15 | 16306 |
|  |  | 625386 |
| **Distribution & Wholesale — 0.1%** |  |  |
| Ferguson Finance PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 06/02/30 (Call 03/02/30)<sup>(b)</sup> | 30 | 25427 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 10/24/28 (Call 07/24/28)<sup>(b)</sup> | 45 | 42517 |
| IAA Inc., 5.50%, 06/15/27 (Call 01/03/23)<sup>(b)</sup> | 35 | 34394 |
| KAR Auction Services Inc., 5.13%, 06/01/25 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 01/03/23)<sup>(b)</sup> | 22 | 21527 |
| Resideo Funding Inc., 4.00%, 09/01/29 (Call 09/01/24)<sup>(b)</sup> | 25 | 19795 |
| Univar Solutions USA Inc., 5.13%, 12/01/27 (Call 12/12/22)<sup>(b)</sup> | 25 | 23931 |
| WW Grainger Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.85%, 02/15/25 (Call 01/15/25) | 220 | 207051 |
| &nbsp;&nbsp;&nbsp;3.75%, 05/15/46 (Call 11/15/45) | 115 | 92336 |
| &nbsp;&nbsp;&nbsp;4.20%, 05/15/47 (Call 11/15/46) | 35 | 30044 |
| &nbsp;&nbsp;&nbsp;4.60%, 06/15/45 (Call 12/15/44) | 17 | 15904 |
|  |  | 512926 |
| **Diversified Financial Services — 2.3%** |  |  |
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust |  |  |
| &nbsp;&nbsp;&nbsp;1.75%, 01/30/26 (Call 12/30/25) | 160 | 141178 |
| &nbsp;&nbsp;&nbsp;2.88%, 08/14/24 (Call 07/14/24) | 175 | 165557 |
| &nbsp;&nbsp;&nbsp;3.00%, 10/29/28 (Call 08/29/28) | 215 | 180508 |
| &nbsp;&nbsp;&nbsp;3.15%, 02/15/24 (Call 01/15/24) | 150 | 144651 |
| &nbsp;&nbsp;&nbsp;3.30%, 01/30/32 (Call 10/30/31) | 170 | 134303 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Diversified Financial Services (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.40%, 10/29/33 (Call 07/29/33) | $150 | $115329 |
| &nbsp;&nbsp;&nbsp;3.65%, 07/21/27 (Call 04/21/27) | 125 | 112766 |
| &nbsp;&nbsp;&nbsp;3.85%, 10/29/41 (Call 04/29/41) | 155 | 112674 |
| &nbsp;&nbsp;&nbsp;3.88%, 01/23/28 (Call 10/23/27) | 200 | 178852 |
| &nbsp;&nbsp;&nbsp;4.45%, 10/01/25 (Call 08/01/25) | 200 | 192136 |
| &nbsp;&nbsp;&nbsp;4.45%, 04/03/26 (Call 02/03/26) | 210 | 200976 |
| &nbsp;&nbsp;&nbsp;4.63%, 10/15/27 (Call 08/15/27) | 170 | 158384 |
| Affiliated Managers Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.30%, 06/15/30 (Call 03/15/30) | 100 | 84268 |
| &nbsp;&nbsp;&nbsp;3.50%, 08/01/25 | 35 | 33698 |
| &nbsp;&nbsp;&nbsp;4.25%, 02/15/24 | 80 | 79224 |
| AIG Global Funding |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.65%, 06/17/24<sup>(b)</sup> | 80 | 74752 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.90%, 09/22/25<sup>(b)</sup> | 95 | 84736 |
| Air Lease Corp. |  |  |
| &nbsp;&nbsp;&nbsp;0.80%, 08/18/24 (Call 07/18/24) | 30 | 27617 |
| &nbsp;&nbsp;&nbsp;1.88%, 08/15/26 (Call 07/15/26) | 140 | 122702 |
| &nbsp;&nbsp;&nbsp;2.10%, 09/01/28 (Call 07/01/28) | 30 | 24426 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 01/15/26 (Call 12/15/25)<sup>(c)</sup> | 20 | 18428 |
| &nbsp;&nbsp;&nbsp;2.88%, 01/15/32 (Call 10/15/31) | 120 | 95086 |
| &nbsp;&nbsp;&nbsp;3.00%, 02/01/30 (Call 11/01/29) | 130 | 108835 |
| &nbsp;&nbsp;&nbsp;3.13%, 12/01/30 (Call 09/01/30) | 105 | 86626 |
| &nbsp;&nbsp;&nbsp;3.25%, 03/01/25 (Call 01/01/25) | 55 | 52158 |
| &nbsp;&nbsp;&nbsp;3.25%, 10/01/29 (Call 07/01/29) | 105 | 89162 |
| &nbsp;&nbsp;&nbsp;3.38%, 07/01/25 (Call 06/01/25) | 95 | 89672 |
| &nbsp;&nbsp;&nbsp;3.75%, 06/01/26 (Call 04/01/26) | 25 | 23533 |
| &nbsp;&nbsp;&nbsp;4.25%, 09/15/24 (Call 06/15/24) | 5 | 4920 |
| &nbsp;&nbsp;&nbsp;4.63%, 10/01/28 (Call 07/01/28) | 45 | 42048 |
| Ally Financial Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.20%, 11/02/28 (Call 09/02/28) | 40 | 31971 |
| &nbsp;&nbsp;&nbsp;3.88%, 05/21/24 (Call 04/21/24) | 120 | 116827 |
| &nbsp;&nbsp;&nbsp;4.63%, 03/30/25 | 85 | 83783 |
| &nbsp;&nbsp;&nbsp;5.13%, 09/30/24 | 165 | 163733 |
| &nbsp;&nbsp;&nbsp;5.75%, 11/20/25 (Call 10/21/25) | 80 | 78810 |
| &nbsp;&nbsp;&nbsp;5.80%, 05/01/25 (Call 04/01/25) | 164 | 164843 |
| &nbsp;&nbsp;&nbsp;8.00%, 11/01/31 | 200 | 214005 |
| American Express Co. |  |  |
| &nbsp;&nbsp;&nbsp;1.65%, 11/04/26 (Call 10/04/26) | 15 | 13347 |
| &nbsp;&nbsp;&nbsp;2.50%, 07/30/24 (Call 06/30/24) | 100 | 96452 |
| &nbsp;&nbsp;&nbsp;2.55%, 03/04/27 (Call 02/01/27) | 35 | 31824 |
| &nbsp;&nbsp;&nbsp;3.00%, 10/30/24 (Call 09/29/24) | 180 | 174571 |
| &nbsp;&nbsp;&nbsp;3.13%, 05/20/26 (Call 04/20/26) | 95 | 89997 |
| &nbsp;&nbsp;&nbsp;3.30%, 05/03/27 (Call 04/03/27) | 164 | 153561 |
| &nbsp;&nbsp;&nbsp;3.40%, 02/22/24 (Call 01/22/24) | 120 | 118014 |
| &nbsp;&nbsp;&nbsp;3.63%, 12/05/24 (Call 11/04/24) | 39 | 38142 |
| &nbsp;&nbsp;&nbsp;4.05%, 05/03/29 (Call 03/03/29) | 200 | 191342 |
| &nbsp;&nbsp;&nbsp;4.05%, 12/03/42 | 115 | 100283 |
| &nbsp;&nbsp;&nbsp;4.20%, 11/06/25 (Call 10/06/25) | 120 | 118698 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.42%, 08/03/33 (Call 08/03/32)<sup>(a)</sup> | 200 | 189808 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.99%, 05/26/33 (Call 02/26/32)<sup>(a)</sup> | 40 | 38456 |
| American Express Credit Corp., 3.30%, 05/03/27 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 04/03/27) | 30 | 28265 |
| Ameriprise Financial Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.88%, 09/15/26 (Call 06/15/26) | 95 | 88850 |
| &nbsp;&nbsp;&nbsp;3.00%, 04/02/25 (Call 03/02/25) | 67 | 64414 |
| &nbsp;&nbsp;&nbsp;3.70%, 10/15/24 | 70 | 68460 |
| &nbsp;&nbsp;&nbsp;4.50%, 05/13/32 (Call 02/13/32) | 20 | 19665 |
| Aviation Capital Group LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.95%, 01/30/26 (Call 12/30/25)<sup>(b)</sup> | 85 | 74296 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.95%, 09/20/26 (Call 08/20/26)<sup>(b)</sup> | 50 | 42184 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Diversified Financial Services (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 11/01/27 (Call 07/01/27)<sup>(b)</sup> | $90 | $77457 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 08/01/25 (Call 06/01/25)<sup>(b)</sup> | 70 | 65067 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 01/30/24 (Call 12/30/23)<sup>(b)</sup> | 95 | 92881 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 10/01/25 (Call 07/01/25)<sup>(b)</sup> | 86 | 81066 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 12/15/24 (Call 11/15/24)<sup>(b)</sup> | 75 | 73577 |
| B3 SA - Brasil Bolsa Balcao, 4.13%, 09/20/31<sup>(d)</sup> | 200 | 164188 |
| Bocom Leasing Management Hong Kong Co. Ltd., 1.13%, 06/18/24<sup>(d)</sup> | 200 | 187256 |
| Cboe Global Markets Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 03/16/32 (Call 12/16/31) | 10 | 8428 |
| &nbsp;&nbsp;&nbsp;3.65%, 01/12/27 (Call 10/12/26) | 30 | 28652 |
| CCBL Cayman 1 Corp. Ltd., 1.60%, 09/15/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 08/15/26)<sup>(d)</sup> | 200 | 176994 |
| CDBL Funding 1, 3.50%, 10/24/27<sup>(d)</sup> | 200 | 184650 |
| Charles Schwab Corp. (The) |  |  |
| &nbsp;&nbsp;&nbsp;0.90%, 03/11/26 (Call 02/11/26) | 25 | 22288 |
| &nbsp;&nbsp;&nbsp;1.15%, 05/13/26 (Call 04/13/26) | 40 | 35664 |
| &nbsp;&nbsp;&nbsp;1.65%, 03/11/31 (Call 12/11/30) | 210 | 165175 |
| &nbsp;&nbsp;&nbsp;1.95%, 12/01/31 (Call 09/01/31) | 50 | 39667 |
| &nbsp;&nbsp;&nbsp;2.00%, 03/20/28 (Call 01/20/28) | 70 | 61968 |
| &nbsp;&nbsp;&nbsp;2.30%, 05/13/31 (Call 02/13/31) | 15 | 12439 |
| &nbsp;&nbsp;&nbsp;2.75%, 10/01/29 (Call 07/01/29) | 80 | 70489 |
| &nbsp;&nbsp;&nbsp;2.90%, 03/03/32 (Call 12/03/31) | 5 | 4297 |
| &nbsp;&nbsp;&nbsp;3.20%, 03/02/27 (Call 12/02/26) | 55 | 52010 |
| &nbsp;&nbsp;&nbsp;3.20%, 01/25/28 (Call 10/25/27) | 194 | 181759 |
| &nbsp;&nbsp;&nbsp;3.25%, 05/22/29 (Call 02/22/29) | 40 | 36592 |
| &nbsp;&nbsp;&nbsp;3.30%, 04/01/27 (Call 01/01/27) | 20 | 19051 |
| &nbsp;&nbsp;&nbsp;3.45%, 02/13/26 (Call 11/13/25) | 35 | 34042 |
| &nbsp;&nbsp;&nbsp;3.55%, 02/01/24 (Call 01/01/24) | 65 | 64084 |
| &nbsp;&nbsp;&nbsp;3.85%, 05/21/25 (Call 03/21/25) | 65 | 63943 |
| &nbsp;&nbsp;&nbsp;4.00%, 02/01/29 (Call 11/01/28) | 15 | 14396 |
| &nbsp;&nbsp;&nbsp;4.20%, 03/24/25 (Call 02/24/25) | 105 | 104552 |
| &nbsp;&nbsp;&nbsp;4.63%, 03/22/30 (Call 12/22/29) | 75 | 74315 |
| China Development Bank Financial Leasing Co. Ltd., 2.88%, 09/28/30 (Call 09/28/25)<sup>(a)(d)</sup> | 200 | 183674 |
| CI Financial Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.20%, 12/17/30 (Call 09/17/30) | 40 | 30796 |
| &nbsp;&nbsp;&nbsp;4.10%, 06/15/51 (Call 12/15/50) | 125 | 76160 |
| CICC Hong Kong Finance 2016 MTN Ltd., 2.00%, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;01/26/26<sup>(d)</sup> | 200 | 182642 |
| CME Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 03/15/25 (Call 12/15/24) | 115 | 111392 |
| &nbsp;&nbsp;&nbsp;3.75%, 06/15/28 (Call 03/15/28) | 60 | 58067 |
| &nbsp;&nbsp;&nbsp;4.15%, 06/15/48 (Call 12/15/47) | 15 | 13541 |
| &nbsp;&nbsp;&nbsp;5.30%, 09/15/43 (Call 03/15/43) | 75 | 78025 |
| Coinbase Global Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 10/01/28 (Call 10/01/24)<sup>(b)</sup> | 60 | 34708 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 10/01/31 (Call 10/01/26)<sup>(b)</sup> | 95 | 51254 |
| Discover Financial Services |  |  |
| &nbsp;&nbsp;&nbsp;4.10%, 02/09/27 (Call 11/09/26) | 95 | 89367 |
| &nbsp;&nbsp;&nbsp;4.50%, 01/30/26 (Call 11/30/25) | 55 | 53241 |
| Eaton Vance Corp., 3.50%, 04/06/27 (Call 01/06/27) | 20 | 18772 |
| Far East Horizon Ltd., 4.25%, 10/26/26<sup>(d)</sup> | 200 | 150322 |
| Franklin Resources Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.60%, 10/30/30 (Call 07/30/30) | 95 | 73703 |
| &nbsp;&nbsp;&nbsp;2.85%, 03/30/25 | 60 | 57427 |
| &nbsp;&nbsp;&nbsp;2.95%, 08/12/51 (Call 02/12/51) | 50 | 31824 |
| ICBCIL Finance Co. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.75%, 08/25/25<sup>(d)</sup> | 200 | 181202 |
| &nbsp;&nbsp;&nbsp;1.75%, 08/02/26 | 200 | 177948 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Diversified Financial Services (continued)** |  |  |
| Intercontinental Exchange Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.85%, 09/15/32 (Call 06/15/32) | $90 | $69158 |
| &nbsp;&nbsp;&nbsp;2.10%, 06/15/30 (Call 03/15/30) | 150 | 124375 |
| &nbsp;&nbsp;&nbsp;2.65%, 09/15/40 (Call 03/15/40) | 97 | 69317 |
| &nbsp;&nbsp;&nbsp;3.00%, 06/15/50 (Call 12/15/49) | 115 | 80370 |
| &nbsp;&nbsp;&nbsp;3.00%, 09/15/60 (Call 03/15/60) | 80 | 52750 |
| &nbsp;&nbsp;&nbsp;3.10%, 09/15/27 (Call 06/15/27) | 104 | 97505 |
| &nbsp;&nbsp;&nbsp;3.65%, 05/23/25 (Call 04/23/25) | 5 | 4908 |
| &nbsp;&nbsp;&nbsp;3.75%, 12/01/25 (Call 09/01/25) | 115 | 112579 |
| &nbsp;&nbsp;&nbsp;3.75%, 09/21/28 (Call 06/21/28) | 35 | 33371 |
| &nbsp;&nbsp;&nbsp;4.00%, 09/15/27 (Call 08/15/27) | 60 | 58749 |
| &nbsp;&nbsp;&nbsp;4.25%, 09/21/48 (Call 03/21/48) | 185 | 159320 |
| &nbsp;&nbsp;&nbsp;4.60%, 03/15/33 (Call 12/15/32) | 210 | 203994 |
| &nbsp;&nbsp;&nbsp;4.95%, 06/15/52 (Call 12/15/51) | 35 | 33757 |
| &nbsp;&nbsp;&nbsp;5.20%, 06/15/62 (Call 12/15/61) | 10 | 9744 |
| Intercorp Financial Services Inc., 4.13%, 10/19/27 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 07/19/27)<sup>(d)</sup> | 200 | 173682 |
| Invesco Finance PLC |  |  |
| &nbsp;&nbsp;&nbsp;3.75%, 01/15/26 | 69 | 66593 |
| &nbsp;&nbsp;&nbsp;4.00%, 01/30/24 | 139 | 137422 |
| &nbsp;&nbsp;&nbsp;5.38%, 11/30/43 | 30 | 28572 |
| Janus Henderson U.S. Holdings Inc., 4.88%, 08/01/25 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 05/01/25) | 50 | 49355 |
| Legg Mason Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.75%, 03/15/26 | 80 | 81050 |
| &nbsp;&nbsp;&nbsp;5.63%, 01/15/44 | 64 | 63824 |
| LPL Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 03/15/29 (Call 03/15/24)<sup>(b)</sup> | 65 | 56830 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 05/15/31 (Call 05/15/26)<sup>(b)</sup> | 30 | 25920 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 11/15/27 (Call 01/03/23)<sup>(b)</sup> | 30 | 27715 |
| LSEGA Financing PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.65%, 04/06/24 (Call 03/06/24)<sup>(b)</sup> | 190 | 178045 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.38%, 04/06/26 (Call 03/06/24)<sup>(b)</sup> | 30 | 26565 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.00%, 04/06/28 (Call 02/06/28)<sup>(b)</sup> | 250 | 214380 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 04/06/31 (Call 01/06/31)<sup>(b)</sup> | 25 | 21041 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.20%, 04/06/41 (Call 10/06/40)<sup>(b)</sup> | 20 | 15074 |
| Mastercard Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.90%, 03/15/31 (Call 12/15/30) | 37 | 30652 |
| &nbsp;&nbsp;&nbsp;2.00%, 03/03/25 (Call 02/03/25) | 75 | 71342 |
| &nbsp;&nbsp;&nbsp;2.00%, 11/18/31 (Call 08/18/31) | 25 | 20608 |
| &nbsp;&nbsp;&nbsp;2.95%, 11/21/26 (Call 08/21/26) | 69 | 65854 |
| &nbsp;&nbsp;&nbsp;2.95%, 06/01/29 (Call 03/01/29) | 79 | 72389 |
| &nbsp;&nbsp;&nbsp;2.95%, 03/15/51 (Call 09/15/50) | 67 | 49846 |
| &nbsp;&nbsp;&nbsp;3.30%, 03/26/27 (Call 01/26/27) | 92 | 88612 |
| &nbsp;&nbsp;&nbsp;3.35%, 03/26/30 (Call 12/26/29) | 149 | 138904 |
| &nbsp;&nbsp;&nbsp;3.38%, 04/01/24 | 204 | 200775 |
| &nbsp;&nbsp;&nbsp;3.50%, 02/26/28 (Call 11/26/27) | 60 | 57703 |
| &nbsp;&nbsp;&nbsp;3.65%, 06/01/49 (Call 12/01/48) | 70 | 58990 |
| &nbsp;&nbsp;&nbsp;3.80%, 11/21/46 (Call 05/21/46) | 44 | 38009 |
| &nbsp;&nbsp;&nbsp;3.85%, 03/26/50 (Call 09/26/49) | 114 | 99401 |
| &nbsp;&nbsp;&nbsp;3.95%, 02/26/48 (Call 08/26/47) | 52 | 45874 |
| Mitsubishi HC Capital Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.64%, 04/13/25 (Call 03/13/25)<sup>(b)(c)</sup> | 10 | 9603 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.97%, 04/13/30 (Call 01/13/30)<sup>(b)(c)</sup> | 10 | 9160 |
| Morgan Stanley Domestic Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.80%, 08/24/27 (Call 05/24/27) | 75 | 70901 |
| &nbsp;&nbsp;&nbsp;4.50%, 06/20/28 (Call 03/20/28) | 155 | 149366 |
| Nasdaq Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.65%, 01/15/31 (Call 10/15/30) | 100 | 77315 |
| &nbsp;&nbsp;&nbsp;2.50%, 12/21/40 (Call 06/21/40) | 76 | 50545 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Diversified Financial Services (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 04/28/50 (Call 10/28/49) | $65 | $44911 |
| &nbsp;&nbsp;&nbsp;3.85%, 06/30/26 (Call 03/30/26) | 130 | 125952 |
| &nbsp;&nbsp;&nbsp;3.95%, 03/07/52 (Call 09/07/51) | 5 | 3938 |
| Nationstar Mortgage Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 12/15/30 (Call 12/15/25)<sup>(b)</sup> | 52 | 41116 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 08/15/28 (Call 08/15/23)<sup>(b)</sup> | 65 | 55075 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 11/15/31 (Call 11/15/26)<sup>(b)</sup> | 45 | 35898 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 01/15/27 (Call 01/15/23)<sup>(b)</sup> | 50 | 45460 |
| Nomura Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.65%, 07/14/26 | 215 | 187663 |
| &nbsp;&nbsp;&nbsp;1.85%, 07/16/25 | 255 | 232840 |
| &nbsp;&nbsp;&nbsp;2.61%, 07/14/31 | 200 | 155408 |
| &nbsp;&nbsp;&nbsp;2.65%, 01/16/25 | 125 | 118267 |
| &nbsp;&nbsp;&nbsp;3.10%, 01/16/30 | 200 | 167048 |
| OneMain Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 01/15/27 (Call 01/15/24) | 25 | 20592 |
| &nbsp;&nbsp;&nbsp;3.88%, 09/15/28 (Call 09/15/24) | 45 | 35731 |
| &nbsp;&nbsp;&nbsp;4.00%, 09/15/30 (Call 09/15/25) | 100 | 75528 |
| &nbsp;&nbsp;&nbsp;5.38%, 11/15/29 (Call 05/15/29) | 60 | 50131 |
| &nbsp;&nbsp;&nbsp;6.63%, 01/15/28 (Call 07/15/27) | 100 | 91927 |
| &nbsp;&nbsp;&nbsp;6.88%, 03/15/25 | 100 | 97183 |
| &nbsp;&nbsp;&nbsp;7.13%, 03/15/26 | 75 | 72690 |
| PennyMac Financial Services Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 02/15/29 (Call 02/15/24)<sup>(b)</sup> | 50 | 39189 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 10/15/25 (Call 01/03/23)<sup>(b)</sup> | 50 | 45742 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 09/15/31 (Call 09/15/26)<sup>(b)</sup> | 40 | 32022 |
| PRA Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 10/01/29 (Call 10/01/24)<sup>(b)</sup> | 25 | 20577 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.38%, 09/01/25 (Call 01/03/23)<sup>(b)</sup> | 30 | 29293 |
| Radian Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 10/01/24 (Call 07/01/24) | 71 | 67598 |
| &nbsp;&nbsp;&nbsp;4.88%, 03/15/27 (Call 09/15/26) | 32 | 28949 |
| &nbsp;&nbsp;&nbsp;6.63%, 03/15/25 (Call 09/15/24) | 55 | 54523 |
| Raymond James Financial Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.75%, 04/01/51 (Call 10/01/50) | 41 | 30455 |
| &nbsp;&nbsp;&nbsp;4.65%, 04/01/30 (Call 01/01/30) | 111 | 108446 |
| &nbsp;&nbsp;&nbsp;4.95%, 07/15/46 | 25 | 22744 |
| Shinhan Card Co. Ltd., 1.38%, 10/19/25<sup>(d)</sup> | 200 | 175420 |
| SLM Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.13%, 11/02/26 (Call 10/02/26) | 40 | 34402 |
| &nbsp;&nbsp;&nbsp;4.20%, 10/29/25 (Call 09/29/25) | 40 | 36700 |
| State Elite Global Ltd., 1.50%, 09/29/26<sup>(d)</sup> | 200 | 179520 |
| StoneX Group Inc., 8.63%, 06/15/25 (Call 01/03/23)<sup>(b)</sup> | 35 | 35443 |
| Synchrony Financial |  |  |
| &nbsp;&nbsp;&nbsp;2.88%, 10/28/31 (Call 07/28/31) | 55 | 41660 |
| &nbsp;&nbsp;&nbsp;3.70%, 08/04/26 (Call 05/04/26) | 15 | 13688 |
| &nbsp;&nbsp;&nbsp;3.95%, 12/01/27 (Call 09/01/27) | 90 | 80760 |
| &nbsp;&nbsp;&nbsp;4.25%, 08/15/24 (Call 05/15/24) | 15 | 14632 |
| &nbsp;&nbsp;&nbsp;4.38%, 03/19/24 (Call 02/19/24) | 215 | 211592 |
| &nbsp;&nbsp;&nbsp;4.50%, 07/23/25 (Call 04/23/25) | 140 | 134043 |
| &nbsp;&nbsp;&nbsp;5.15%, 03/19/29 (Call 12/19/28) | 119 | 113634 |
| Visa Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.75%, 08/15/27 (Call 06/15/27) | 110 | 94250 |
| &nbsp;&nbsp;&nbsp;1.10%, 02/15/31 (Call 11/15/30) | 90 | 70740 |
| &nbsp;&nbsp;&nbsp;1.90%, 04/15/27 (Call 02/15/27) | 132 | 119954 |
| &nbsp;&nbsp;&nbsp;2.00%, 08/15/50 (Call 02/15/50) | 152 | 95090 |
| &nbsp;&nbsp;&nbsp;2.05%, 04/15/30 (Call 01/15/30) | 102 | 88125 |
| &nbsp;&nbsp;&nbsp;2.70%, 04/15/40 (Call 10/15/39) | 84 | 66745 |
| &nbsp;&nbsp;&nbsp;2.75%, 09/15/27 (Call 06/15/27) | 15 | 14050 |
| &nbsp;&nbsp;&nbsp;3.15%, 12/14/25 (Call 09/14/25) | 427 | 411581 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Diversified Financial Services (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.65%, 09/15/47 (Call 03/15/47) | $57 | $48453 |
| &nbsp;&nbsp;&nbsp;4.15%, 12/14/35 (Call 06/14/35) | 105 | 101169 |
| &nbsp;&nbsp;&nbsp;4.30%, 12/14/45 (Call 06/14/45) | 302 | 282708 |
| Western Union Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;1.35%, 03/15/26 (Call 02/15/26) | 90 | 78493 |
| &nbsp;&nbsp;&nbsp;2.75%, 03/15/31 (Call 12/15/30) | 50 | 38308 |
| &nbsp;&nbsp;&nbsp;2.85%, 01/10/25 (Call 12/10/24) | 92 | 87635 |
| &nbsp;&nbsp;&nbsp;6.20%, 11/17/36 | 35 | 35131 |
|  |  | 17947454 |
| **Electric — 0.5%** |  |  |
| Adani Green Energy Ltd., 4.38%, 09/08/24<sup>(d)</sup> | 200 | 179958 |
| AEP Texas Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.45%, 05/15/51 (Call 11/15/50) | 20 | 14215 |
| &nbsp;&nbsp;&nbsp;3.80%, 10/01/47 (Call 04/01/47) | 65 | 47872 |
| &nbsp;&nbsp;&nbsp;4.70%, 05/15/32 (Call 02/15/32) | 100 | 96055 |
| American Transmission Systems Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.65%, 01/15/32 (Call 10/15/31)<sup>(b)</sup> | 225 | 184077 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 09/01/44 (Call 03/01/44)<sup>(b)</sup> | 50 | 45976 |
| CenterPoint Energy Houston Electric LLC |  |  |
| &nbsp;&nbsp;&nbsp;3.55%, 08/01/42 (Call 02/01/42) | 100 | 80340 |
| &nbsp;&nbsp;&nbsp;3.95%, 03/01/48 (Call 09/01/47) | 45 | 37315 |
| &nbsp;&nbsp;&nbsp;4.50%, 04/01/44 (Call 10/01/43) | 85 | 77425 |
| &nbsp;&nbsp;&nbsp;Series AA, 3.00%, 02/01/27 (Call 11/01/26) | 15 | 14258 |
| &nbsp;&nbsp;&nbsp;Series AC, 4.25%, 02/01/49 (Call 08/01/48) | 75 | 65965 |
| &nbsp;&nbsp;&nbsp;Series AD, 2.90%, 07/01/50 (Call 01/01/50) | 45 | 30734 |
| &nbsp;&nbsp;&nbsp;Series AE, 2.35%, 04/01/31 (Call 01/01/31) | 60 | 50238 |
| &nbsp;&nbsp;&nbsp;Series AG, 3.00%, 03/01/32 (Call 12/01/31) | 25 | 21887 |
| &nbsp;&nbsp;&nbsp;Series K2, 6.95%, 03/15/33 | 10 | 11371 |
| Cleveland Electric Illuminating Co. (The), 4.55%, 11/15/30 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 08/15/30)<sup>(b)</sup> | 75 | 70872 |
| Commonwealth Edison Co. |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 03/01/48 (Call 09/01/47) | 200 | 167432 |
| &nbsp;&nbsp;&nbsp;5.90%, 03/15/36 | 200 | 213260 |
| Consorcio Transmantaro SA, 4.70%, 04/16/34<sup>(d)</sup> | 200 | 181272 |
| Duke Energy Florida Project Finance LLC, Series 2035, 3.11%, 09/01/38 | 100 | 80470 |
| FirstEnergy Transmission LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.87%, 09/15/28 (Call 07/15/28)<sup>(b)</sup> | 85 | 74018 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.35%, 01/15/25 (Call 10/15/24)<sup>(b)</sup> | 50 | 48843 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.55%, 04/01/49 (Call 10/01/48)<sup>(b)</sup> | 35 | 28763 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.45%, 07/15/44 (Call 01/15/44)<sup>(b)</sup> | 30 | 27778 |
| ITC Holdings Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.95%, 05/14/30 (Call 02/14/30)<sup>(b)</sup> | 81 | 68795 |
| &nbsp;&nbsp;&nbsp;3.25%, 06/30/26 (Call 03/30/26) | 65 | 60958 |
| &nbsp;&nbsp;&nbsp;3.35%, 11/15/27 (Call 08/15/27) | 90 | 82852 |
| &nbsp;&nbsp;&nbsp;3.65%, 06/15/24 (Call 03/15/24) | 53 | 51662 |
| &nbsp;&nbsp;&nbsp;5.30%, 07/01/43 (Call 01/01/43) | 25 | 22899 |
| Jersey Central Power & Light Co., 2.75%, 03/01/32 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 12/01/31)<sup>(b)</sup> | 20 | 16300 |
| Mid-Atlantic Interstate Transmission LLC, 4.10%, 05/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 02/15/28)<sup>(b)</sup> | 80 | 75738 |
| National Rural Utilities Cooperative Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.02%, 11/01/32 (Call 05/01/32) | 100 | 91580 |
| &nbsp;&nbsp;&nbsp;4.30%, 03/15/49 (Call 09/15/48) | 50 | 42388 |
| &nbsp;&nbsp;&nbsp;4.40%, 11/01/48 (Call 05/01/48) | 100 | 84383 |
| &nbsp;&nbsp;&nbsp;5.25%, 04/20/46 (Call 04/20/26), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 3.630%)<sup>(a)</sup> | 40 | 35862 |
| &nbsp;&nbsp;&nbsp;5.80%, 01/15/33 | 100 | 105432 |
| Ohio Power Co. |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 06/01/49 (Call 12/01/48) | 105 | 83138 |
| &nbsp;&nbsp;&nbsp;4.15%, 04/01/48 (Call 10/01/47) | 50 | 40842 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Electric (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;Series P, 2.60%, 04/01/30 (Call 01/01/30) | $70 | $59872 |
| &nbsp;&nbsp;&nbsp;Series Q, 1.63%, 01/15/31 (Call 10/15/30) | 50 | 38802 |
| &nbsp;&nbsp;&nbsp;Series R, 2.90%, 10/01/51 (Call 04/01/51) | 25 | 16625 |
| Oncor Electric Delivery Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;2.70%, 11/15/51 (Call 05/15/51) | 5 | 3292 |
| &nbsp;&nbsp;&nbsp;2.75%, 05/15/30 (Call 02/15/30) | 105 | 91847 |
| &nbsp;&nbsp;&nbsp;2.95%, 04/01/25 (Call 01/01/25) | 30 | 28792 |
| &nbsp;&nbsp;&nbsp;3.10%, 09/15/49 (Call 03/15/49) | 146 | 105091 |
| &nbsp;&nbsp;&nbsp;3.70%, 11/15/28 (Call 08/15/28) | 6 | 5687 |
| &nbsp;&nbsp;&nbsp;3.70%, 05/15/50 (Call 11/15/49) | 20 | 16034 |
| &nbsp;&nbsp;&nbsp;3.75%, 04/01/45 (Call 10/01/44) | 60 | 48917 |
| &nbsp;&nbsp;&nbsp;3.80%, 09/30/47 (Call 03/30/47) | 45 | 36946 |
| &nbsp;&nbsp;&nbsp;3.80%, 06/01/49 (Call 12/01/48) | 100 | 81129 |
| &nbsp;&nbsp;&nbsp;4.10%, 11/15/48 (Call 05/15/48) | 20 | 17042 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.55%, 09/15/32 (Call 06/15/32)<sup>(b)</sup> | 50 | 49451 |
| &nbsp;&nbsp;&nbsp;4.55%, 12/01/41 (Call 06/01/41) | 5 | 4639 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.60%, 06/01/52 (Call 12/01/51)<sup>(b)</sup> | 15 | 14064 |
| &nbsp;&nbsp;&nbsp;5.25%, 09/30/40 | 25 | 24962 |
| &nbsp;&nbsp;&nbsp;5.35%, 10/01/52 (Call 04/01/52) | 30 | 30792 |
| &nbsp;&nbsp;&nbsp;7.00%, 05/01/32 | 200 | 228618 |
| Pennsylvania Electric Co., 3.60%, 06/01/29 (Call 03/01/29)<sup>(b)</sup> | 15 | 13571 |
| Potomac Electric Power Co. |  |  |
| &nbsp;&nbsp;&nbsp;3.60%, 03/15/24 (Call 12/15/23) | 65 | 64007 |
| &nbsp;&nbsp;&nbsp;4.15%, 03/15/43 (Call 09/15/42) | 112 | 95675 |
| PPL Electric Utilities Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 10/01/49 (Call 04/01/49) | 65 | 44422 |
| &nbsp;&nbsp;&nbsp;3.95%, 06/01/47 (Call 12/01/46) | 65 | 53689 |
| &nbsp;&nbsp;&nbsp;4.13%, 06/15/44 (Call 12/15/43) | 50 | 42048 |
| &nbsp;&nbsp;&nbsp;4.15%, 06/15/48 (Call 12/15/47) | 60 | 50864 |
| &nbsp;&nbsp;&nbsp;6.25%, 05/15/39 | 25 | 26920 |
| Star Energy Geothermal Darajat II/Star Energy Geothermal Salak, 4.85%, 10/14/38 (Call 10/14/29)<sup>(d)</sup> | 200 | 163194 |
| Trans-Allegheny Interstate Line Co., 3.85%, 06/01/25 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 03/01/25)<sup>(b)</sup> | 10 | 9665 |
|  |  | 4179880 |
| **Electrical Components & Equipment — 0.1%** |  |  |
| Acuity Brands Lighting Inc., 2.15%, 12/15/30 (Call 09/15/30) | 45 | 34894 |
| Energizer Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 03/31/29 (Call 09/30/23)<sup>(b)</sup> | 60 | 51094 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 06/15/28 (Call 06/15/23)<sup>(b)</sup> | 45 | 39454 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 12/31/27 (Call 08/31/24)<sup>(b)</sup> | 25 | 23857 |
| EnerSys, 4.38%, 12/15/27 (Call 09/15/27)<sup>(b)</sup> | 40 | 35679 |
| WESCO Distribution Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.13%, 06/15/25 (Call 01/03/23)<sup>(b)</sup> | 110 | 111378 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.25%, 06/15/28 (Call 06/15/23)<sup>(b)</sup> | 90 | 91223 |
|  |  | 387579 |
| **Electronics — 0.3%** |  |  |
| Agilent Technologies Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.10%, 06/04/30 (Call 03/04/30) | 90 | 73650 |
| &nbsp;&nbsp;&nbsp;2.30%, 03/12/31 (Call 12/12/30) | 35 | 28707 |
| &nbsp;&nbsp;&nbsp;2.75%, 09/15/29 (Call 06/15/29) | 50 | 43815 |
| &nbsp;&nbsp;&nbsp;3.05%, 09/22/26 (Call 06/22/26) | 84 | 78772 |
| Allegion PLC, 3.50%, 10/01/29 (Call 07/01/29) | 32 | 27622 |
| Allegion U.S. Holding Co. Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.20%, 10/01/24 (Call 08/01/24) | 135 | 130031 |
| &nbsp;&nbsp;&nbsp;3.55%, 10/01/27 (Call 07/01/27) | 20 | 18190 |
| Amphenol Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.05%, 03/01/25 (Call 02/01/25) | 27 | 25426 |
| &nbsp;&nbsp;&nbsp;2.20%, 09/15/31 (Call 06/15/31) | 15 | 12052 |
| &nbsp;&nbsp;&nbsp;2.80%, 02/15/30 (Call 11/15/29) | 70 | 60760 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Electronics (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.20%, 04/01/24 (Call 02/01/24) | $30 | $29334 |
| &nbsp;&nbsp;&nbsp;4.35%, 06/01/29 (Call 03/01/29) | 90 | 86980 |
| Atkore Inc., 4.25%, 06/01/31 (Call 06/01/26)<sup>(b)</sup> | 30 | 25478 |
| Avnet Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 05/15/31 (Call 02/15/31) | 90 | 70091 |
| &nbsp;&nbsp;&nbsp;4.63%, 04/15/26 (Call 01/15/26) | 80 | 77402 |
| Flex Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;3.75%, 02/01/26 (Call 01/01/26) | 50 | 47123 |
| &nbsp;&nbsp;&nbsp;4.88%, 06/15/29 (Call 03/15/29) | 89 | 82946 |
| &nbsp;&nbsp;&nbsp;4.88%, 05/12/30 (Call 02/12/30) | 86 | 79917 |
| Fortive Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.15%, 06/15/26 (Call 03/15/26) | 202 | 190425 |
| &nbsp;&nbsp;&nbsp;4.30%, 06/15/46 (Call 12/15/45) | 57 | 45207 |
| Hubbell Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.30%, 03/15/31 (Call 12/15/30) | 7 | 5691 |
| &nbsp;&nbsp;&nbsp;3.15%, 08/15/27 (Call 05/15/27) | 15 | 13829 |
| &nbsp;&nbsp;&nbsp;3.35%, 03/01/26 (Call 12/01/25) | 20 | 19131 |
| &nbsp;&nbsp;&nbsp;3.50%, 02/15/28 (Call 11/15/27) | 22 | 20527 |
| Jabil Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.70%, 04/15/26 (Call 03/15/26) | 192 | 170356 |
| &nbsp;&nbsp;&nbsp;3.00%, 01/15/31 (Call 10/15/30) | 35 | 28731 |
| &nbsp;&nbsp;&nbsp;3.60%, 01/15/30 (Call 10/15/29) | 35 | 31122 |
| &nbsp;&nbsp;&nbsp;3.95%, 01/12/28 (Call 10/12/27) | 27 | 25340 |
| Keysight Technologies Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 10/30/29 (Call 07/30/29) | 52 | 45535 |
| &nbsp;&nbsp;&nbsp;4.55%, 10/30/24 (Call 07/30/24) | 97 | 96191 |
| &nbsp;&nbsp;&nbsp;4.60%, 04/06/27 (Call 01/06/27) | 50 | 49124 |
| Sensata Technologies BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 04/15/29 (Call 04/15/24)<sup>(b)</sup> | 85 | 74631 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 10/01/25<sup>(b)</sup> | 46 | 45155 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 11/01/24<sup>(b)</sup> | 70 | 69895 |
| Sensata Technologies Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 02/15/31 (Call 02/15/26)<sup>(b)</sup> | 50 | 41576 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 02/15/30 (Call 11/15/29)<sup>(b)</sup> | 45 | 39857 |
| Trimble Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.75%, 12/01/24 (Call 09/01/24) | 35 | 34720 |
| &nbsp;&nbsp;&nbsp;4.90%, 06/15/28 (Call 03/15/28) | 72 | 69925 |
| TTM Technologies Inc., 4.00%, 03/01/29 (Call 03/01/24)<sup>(b)</sup> | 40 | 34164 |
| Tyco Electronics Group SA |  |  |
| &nbsp;&nbsp;&nbsp;3.13%, 08/15/27 (Call 05/15/27) | 55 | 51124 |
| &nbsp;&nbsp;&nbsp;7.13%, 10/01/37 | 5 | 5816 |
| Vontier Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.80%, 04/01/26 (Call 03/01/26) | 84 | 70918 |
| &nbsp;&nbsp;&nbsp;2.40%, 04/01/28 (Call 02/01/28) | 45 | 35605 |
| &nbsp;&nbsp;&nbsp;2.95%, 04/01/31 (Call 01/01/31) | 48 | 34754 |
|  |  | 2347645 |
| **Energy - Alternate Sources — 0.0%** |  |  |
| Contemporary Ruiding Development Ltd., 1.88%, 09/17/25 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 08/17/25)<sup>(d)</sup> | 200 | 179532 |
| Enviva Partners LP/Enviva Partners Finance Corp., 6.50%, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;01/15/26 (Call 01/03/23)<sup>(b)</sup> | 60 | 57357 |
| Sunnova Energy Corp., 5.88%, 09/01/26 (Call 09/01/23)<sup>(b)</sup> | 30 | 26844 |
|  |  | 263733 |
| **Engineering & Construction — 0.1%** |  |  |
| AECOM, 5.13%, 03/15/27 (Call 12/15/26) | 85 | 82684 |
| Arcosa Inc., 4.38%, 04/15/29 (Call 04/15/24)<sup>(b)</sup> | 30 | 26131 |
| Cellnex Finance Co. SA, 3.88%, 07/07/41 (Call 04/07/41)<sup>(b)</sup> | 50 | 34972 |
| Dycom Industries Inc., 4.50%, 04/15/29 (Call 04/15/24)<sup>(b)</sup> | 40 | 34363 |
| Great Lakes Dredge & Dock Corp., 5.25%, 06/01/29 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 06/01/24)<sup>(b)(c)</sup> | 25 | 20449 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Engineering & Construction (continued)** |  |  |
| INNOVATE Corp., 8.50%, 02/01/26 (Call 02/01/23)<sup>(b)</sup> | $30 | $20351 |
| Sydney Airport Finance Co. Pty Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 04/30/25 (Call 01/30/25)<sup>(b)</sup> | 22 | 20898 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 04/28/26 (Call 01/28/26)<sup>(b)</sup> | 155 | 144795 |
| TopBuild Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 03/15/29 (Call 03/15/24)<sup>(b)</sup> | 30 | 24361 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 02/15/32 (Call 10/15/26)<sup>(b)(c)</sup> | 40 | 32191 |
| VM Consolidated Inc., 5.50%, 04/15/29 (Call 04/15/24)<sup>(b)(c)</sup> | 27 | 24421 |
|  |  | 465616 |
| **Entertainment — 0.3%** |  |  |
| AMC Entertainment Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 02/15/29 (Call 02/15/25)<sup>(b)</sup> | 75 | 42799 |
| &nbsp;&nbsp;&nbsp;&nbsp;10.00%, 06/15/26 (Call 06/15/23), (12.00% PIK)<sup>(b)</sup> | 100 | 37386 |
| Cedar Fair LP, 5.25%, 07/15/29 (Call 07/15/24) | 35 | 30895 |
| Cedar Fair LP/Canada's Wonderland Co./Magnum |  |  |
| Management Corp./Millennium Op |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 04/15/27 (Call 01/03/23)<sup>(c)</sup> | 40 | 38298 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 05/01/25 (Call 01/03/23)<sup>(b)</sup> | 85 | 84714 |
| &nbsp;&nbsp;&nbsp;6.50%, 10/01/28 (Call 10/01/23) | 25 | 24027 |
| Cinemark USA Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 07/15/28 (Call 07/15/24)<sup>(b)</sup> | 60 | 47928 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 03/15/26 (Call 03/15/23)<sup>(b)</sup> | 30 | 26247 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.75%, 05/01/25 (Call 01/03/23)<sup>(b)</sup> | 20 | 20385 |
| Lions Gate Capital Holdings LLC, 5.50%, 04/15/29 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 04/15/24)<sup>(b)(c)</sup> | 75 | 48750 |
| Magallanes Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.76%, 03/15/27 (Call 02/15/27)<sup>(b)</sup> | 305 | 277913 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.05%, 03/15/29 (Call 01/15/29)<sup>(b)</sup> | 205 | 179625 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.28%, 03/15/32 (Call 12/15/31)<sup>(b)</sup> | 545 | 463146 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.05%, 03/15/42 (Call 09/15/41)<sup>(b)</sup> | 350 | 279471 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.14%, 03/15/52 (Call 09/15/51)<sup>(b)</sup> | 525 | 406602 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.39%, 03/15/62 (Call 09/15/61)<sup>(b)</sup> | 15 | 11597 |
| Merlin Entertainments Ltd., 5.75%, 06/15/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 03/17/26)<sup>(b)</sup> | 25 | 23460 |
| Motion Bondco DAC, 6.63%, 11/15/27 (Call 01/02/23)<sup>(b)(c)</sup> | 40 | 34862 |
| Odeon Finco PLC, 12.75%, 11/01/27 | 25 | 21478 |
| SeaWorld Parks & Entertainment Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 08/15/29 (Call 08/15/24)<sup>(b)(c)</sup> | 55 | 47723 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.75%, 05/01/25 (Call 01/03/23)<sup>(b)</sup> | 20 | 20489 |
| Six Flags Entertainment Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 07/31/24 (Call 01/03/23)<sup>(b)</sup> | 80 | 77790 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 04/15/27 (Call 01/03/23)<sup>(b)(c)</sup> | 35 | 31660 |
| Six Flags Theme Parks Inc., 7.00%, 07/01/25 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 01/03/23)<sup>(b)</sup> | 25 | 25195 |
| Vail Resorts Inc., 6.25%, 05/15/25 (Call 01/03/23)<sup>(b)</sup> | 50 | 50196 |
| WMG Acquisition Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 02/15/31 (Call 02/15/26)<sup>(b)</sup> | 100 | 82939 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 12/01/29 (Call 12/01/24)<sup>(b)</sup> | 25 | 21771 |
|  |  | 2457346 |
| **Environmental Control — 0.2%** |  |  |
| Covanta Holding Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 12/01/29 (Call 12/01/24)<sup>(b)</sup> | 60 | 50948 |
| &nbsp;&nbsp;&nbsp;5.00%, 09/01/30 (Call 09/01/25) | 35 | 29892 |
| Republic Services Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.88%, 11/15/25 (Call 10/15/25)<sup>(c)</sup> | 2 | 1789 |
| &nbsp;&nbsp;&nbsp;1.45%, 02/15/31 (Call 11/15/30) | 80 | 62320 |
| &nbsp;&nbsp;&nbsp;1.75%, 02/15/32 (Call 11/15/31) | 82 | 63985 |
| &nbsp;&nbsp;&nbsp;2.30%, 03/01/30 (Call 12/01/29) | 59 | 50122 |
| &nbsp;&nbsp;&nbsp;2.50%, 08/15/24 (Call 07/15/24) | 98 | 94079 |
| &nbsp;&nbsp;&nbsp;2.90%, 07/01/26 (Call 04/01/26) | 95 | 89105 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Environmental Control (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.05%, 03/01/50 (Call 09/01/49) | $61 | $43278 |
| &nbsp;&nbsp;&nbsp;3.20%, 03/15/25 (Call 12/15/24) | 62 | 59570 |
| &nbsp;&nbsp;&nbsp;3.38%, 11/15/27 (Call 08/15/27) | 63 | 59200 |
| &nbsp;&nbsp;&nbsp;3.95%, 05/15/28 (Call 02/15/28) | 33 | 31680 |
| &nbsp;&nbsp;&nbsp;6.20%, 03/01/40 | 60 | 64466 |
| Waste Connections Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.20%, 01/15/32 (Call 10/15/31) | 20 | 16078 |
| &nbsp;&nbsp;&nbsp;2.60%, 02/01/30 (Call 11/01/29) | 60 | 51769 |
| &nbsp;&nbsp;&nbsp;2.95%, 01/15/52 (Call 07/15/51) | 45 | 30771 |
| &nbsp;&nbsp;&nbsp;3.05%, 04/01/50 (Call 10/01/49) | 92 | 64570 |
| &nbsp;&nbsp;&nbsp;3.50%, 05/01/29 (Call 02/01/29) | 50 | 46354 |
| &nbsp;&nbsp;&nbsp;4.25%, 12/01/28 (Call 09/01/28) | 70 | 67679 |
| Waste Management Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.75%, 11/15/25 (Call 10/15/25) | 42 | 37666 |
| &nbsp;&nbsp;&nbsp;1.15%, 03/15/28 (Call 01/15/28) | 226 | 189607 |
| &nbsp;&nbsp;&nbsp;1.50%, 03/15/31 (Call 12/15/30) | 12 | 9509 |
| &nbsp;&nbsp;&nbsp;2.50%, 11/15/50 (Call 05/15/50) | 22 | 14039 |
| &nbsp;&nbsp;&nbsp;3.13%, 03/01/25 (Call 12/01/24) | 50 | 48359 |
| &nbsp;&nbsp;&nbsp;3.15%, 11/15/27 (Call 08/15/27) | 29 | 27152 |
| &nbsp;&nbsp;&nbsp;4.10%, 03/01/45 (Call 09/01/44) | 90 | 79301 |
| &nbsp;&nbsp;&nbsp;4.15%, 07/15/49 (Call 01/15/49) | 30 | 26659 |
|  |  | 1409947 |
| **Food — 0.6%** |  |  |
| Ahold Finance USA LLC, 6.88%, 05/01/29 | 35 | 37143 |
| B&G Foods Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 04/01/25 (Call 01/03/23) | 50 | 44148 |
| &nbsp;&nbsp;&nbsp;5.25%, 09/15/27 (Call 01/03/23) | 40 | 31941 |
| Campbell Soup Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.38%, 04/24/30 (Call 01/24/30) | 60 | 50200 |
| &nbsp;&nbsp;&nbsp;3.95%, 03/15/25 (Call 01/15/25) | 97 | 95139 |
| &nbsp;&nbsp;&nbsp;4.15%, 03/15/28 (Call 12/15/27) | 70 | 67786 |
| &nbsp;&nbsp;&nbsp;4.80%, 03/15/48 (Call 09/15/47) | 65 | 59075 |
| China Mengniu Dairy Co. Ltd., 2.50%, 06/17/30 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 03/17/30)<sup>(d)</sup> | 200 | 162840 |
| Conagra Brands Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.38%, 11/01/27 (Call 09/01/27) | 62 | 51710 |
| &nbsp;&nbsp;&nbsp;4.30%, 05/01/24 (Call 04/01/24) | 92 | 90895 |
| &nbsp;&nbsp;&nbsp;4.60%, 11/01/25 (Call 09/01/25) | 105 | 103958 |
| &nbsp;&nbsp;&nbsp;4.85%, 11/01/28 (Call 08/01/28) | 86 | 84087 |
| &nbsp;&nbsp;&nbsp;5.30%, 11/01/38 (Call 05/01/38) | 93 | 89209 |
| &nbsp;&nbsp;&nbsp;5.40%, 11/01/48 (Call 05/01/48) | 105 | 99986 |
| &nbsp;&nbsp;&nbsp;8.25%, 09/15/30 | 45 | 51586 |
| Flowers Foods Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.40%, 03/15/31 (Call 12/15/30) | 30 | 24312 |
| &nbsp;&nbsp;&nbsp;3.50%, 10/01/26 (Call 07/01/26) | 15 | 14133 |
| General Mills Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.25%, 10/14/31 (Call 07/14/31) | 15 | 12181 |
| &nbsp;&nbsp;&nbsp;2.88%, 04/15/30 (Call 01/15/30) | 75 | 65860 |
| &nbsp;&nbsp;&nbsp;3.00%, 02/01/51 (Call 08/01/50) | 67 | 46282 |
| &nbsp;&nbsp;&nbsp;3.20%, 02/10/27 (Call 11/10/26) | 45 | 42959 |
| &nbsp;&nbsp;&nbsp;4.00%, 04/17/25 (Call 02/17/25) | 75 | 73921 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.15%, 02/15/43 (Call 08/15/42)<sup>(c)</sup> | 5 | 4244 |
| &nbsp;&nbsp;&nbsp;4.20%, 04/17/28 (Call 01/17/28) | 81 | 79622 |
| &nbsp;&nbsp;&nbsp;4.70%, 04/17/48 (Call 10/17/47) | 65 | 58423 |
| &nbsp;&nbsp;&nbsp;5.40%, 06/15/40 | 22 | 21982 |
| Hormel Foods Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.70%, 06/03/28 (Call 04/03/28) | 5 | 4336 |
| &nbsp;&nbsp;&nbsp;1.80%, 06/11/30 (Call 03/11/30) | 197 | 161298 |
| &nbsp;&nbsp;&nbsp;3.05%, 06/03/51 (Call 12/03/50) | 65 | 46144 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Food (continued)** |  |  |
| Ingredion Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.90%, 06/01/30 (Call 03/01/30) | $55 | $47161 |
| &nbsp;&nbsp;&nbsp;3.20%, 10/01/26 (Call 07/01/26) | 82 | 76811 |
| &nbsp;&nbsp;&nbsp;3.90%, 06/01/50 (Call 12/01/49) | 80 | 60059 |
| JM Smucker Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;2.13%, 03/15/32 (Call 12/15/31) | 10 | 7830 |
| &nbsp;&nbsp;&nbsp;2.38%, 03/15/30 (Call 12/15/29) | 60 | 50140 |
| &nbsp;&nbsp;&nbsp;2.75%, 09/15/41 (Call 03/15/41) | 5 | 3385 |
| &nbsp;&nbsp;&nbsp;3.38%, 12/15/27 (Call 09/15/27) | 35 | 32607 |
| &nbsp;&nbsp;&nbsp;3.50%, 03/15/25 | 75 | 72886 |
| &nbsp;&nbsp;&nbsp;3.55%, 03/15/50 (Call 09/15/49) | 25 | 17319 |
| &nbsp;&nbsp;&nbsp;4.25%, 03/15/35 | 95 | 86507 |
| &nbsp;&nbsp;&nbsp;4.38%, 03/15/45 | 70 | 58122 |
| Koninklijke Ahold Delhaize NV, 5.70%, 10/01/40<sup>(c)</sup> | 35 | 35620 |
| Kraft Heinz Foods Co. |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 06/01/26 (Call 03/01/26) | 125 | 117666 |
| &nbsp;&nbsp;&nbsp;3.75%, 04/01/30 (Call 01/01/30) | 65 | 60166 |
| &nbsp;&nbsp;&nbsp;3.88%, 05/15/27 (Call 02/15/27) | 110 | 106140 |
| &nbsp;&nbsp;&nbsp;4.25%, 03/01/31 (Call 12/01/30) | 31 | 29452 |
| &nbsp;&nbsp;&nbsp;4.38%, 06/01/46 (Call 12/01/45) | 215 | 181122 |
| &nbsp;&nbsp;&nbsp;4.63%, 01/30/29 (Call 10/30/28) | 76 | 75696 |
| &nbsp;&nbsp;&nbsp;4.63%, 10/01/39 (Call 04/01/39) | 50 | 44891 |
| &nbsp;&nbsp;&nbsp;4.88%, 10/01/49 (Call 04/01/49) | 135 | 121809 |
| &nbsp;&nbsp;&nbsp;5.00%, 07/15/35 (Call 01/15/35) | 75 | 73657 |
| &nbsp;&nbsp;&nbsp;5.00%, 06/04/42 | 140 | 131499 |
| &nbsp;&nbsp;&nbsp;5.20%, 07/15/45 (Call 01/15/45) | 25 | 23611 |
| &nbsp;&nbsp;&nbsp;5.50%, 06/01/50 (Call 12/01/49) | 70 | 69636 |
| &nbsp;&nbsp;&nbsp;6.50%, 02/09/40 | 60 | 65128 |
| &nbsp;&nbsp;&nbsp;6.75%, 03/15/32 | 55 | 60538 |
| &nbsp;&nbsp;&nbsp;6.88%, 01/26/39 | 80 | 88748 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.13%, 08/01/39<sup>(b)</sup> | 80 | 89986 |
| Lamb Weston Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 01/31/30 (Call 01/31/25)<sup>(b)</sup> | 70 | 62548 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 01/31/32 (Call 01/31/27)<sup>(b)</sup> | 50 | 44262 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 05/15/28 (Call 11/15/27)<sup>(b)</sup> | 45 | 42586 |
| MARB BondCo PLC, 3.95%, 01/29/31 (Call 01/29/26)<sup>(d)</sup> | 200 | 154954 |
| McCormick & Co. Inc./MD |  |  |
| &nbsp;&nbsp;&nbsp;0.90%, 02/15/26 (Call 01/15/26) | 45 | 39564 |
| &nbsp;&nbsp;&nbsp;1.85%, 02/15/31 (Call 11/15/30) | 55 | 42878 |
| &nbsp;&nbsp;&nbsp;2.50%, 04/15/30 (Call 01/15/30) | 50 | 42111 |
| &nbsp;&nbsp;&nbsp;3.15%, 08/15/24 (Call 06/15/24) | 89 | 86145 |
| &nbsp;&nbsp;&nbsp;3.40%, 08/15/27 (Call 05/15/27) | 80 | 75205 |
| &nbsp;&nbsp;&nbsp;4.20%, 08/15/47 (Call 02/15/47) | 57 | 46902 |
| Smithfield Foods Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.63%, 09/13/31 (Call 06/13/31)<sup>(b)</sup> | 30 | 21827 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 10/15/30 (Call 07/15/30)<sup>(b)</sup> | 47 | 36258 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 02/01/27 (Call 11/01/26)<sup>(b)</sup> | 74 | 68072 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.20%, 04/01/29 (Call 01/01/29)<sup>(b)</sup> | 66 | 61283 |
| TreeHouse Foods Inc., 4.00%, 09/01/28 (Call 09/01/23) | 37 | 31603 |
| U.S. Foods Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 06/01/30 (Call 06/01/25)<sup>(b)</sup> | 40 | 35062 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 02/15/29 (Call 02/15/24)<sup>(b)</sup> | 70 | 63114 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 04/15/25 (Call 01/03/23)<sup>(b)</sup> | 75 | 75155 |
| United Natural Foods Inc., 6.75%, 10/15/28 (Call 10/15/23)<sup>(b)</sup> | 40 | 38806 |
|  |  | 4731927 |
| **Forest Products & Paper — 0.1%** |  |  |
| Clearwater Paper Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 08/15/28 (Call 08/15/23)<sup>(b)</sup> | 20 | 17695 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 02/01/25<sup>(b)</sup> | 21 | 20405 |
| Glatfelter Corp., 4.75%, 11/15/29 (Call 11/01/24)<sup>(b)</sup> | 40 | 26096 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Forest Products & Paper (continued)** |  |  |
| International Paper Co. |  |  |
| &nbsp;&nbsp;&nbsp;4.35%, 08/15/48 (Call 02/15/48) | $64 | $54338 |
| &nbsp;&nbsp;&nbsp;4.40%, 08/15/47 (Call 02/15/47) | 39 | 32547 |
| &nbsp;&nbsp;&nbsp;4.80%, 06/15/44 (Call 12/15/43) | 58 | 51370 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 09/15/35 (Call 03/15/35)<sup>(c)</sup> | 60 | 58535 |
| &nbsp;&nbsp;&nbsp;5.15%, 05/15/46 (Call 11/15/45) | 25 | 22833 |
| &nbsp;&nbsp;&nbsp;6.00%, 11/15/41 (Call 05/15/41) | 52 | 52019 |
| Mercer International Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.13%, 02/01/29 (Call 02/01/24) | 70 | 60089 |
| &nbsp;&nbsp;&nbsp;5.50%, 01/15/26 (Call 01/03/23) | 26 | 24651 |
| Stora Enso OYJ, 7.25%, 04/15/36<sup>(b)</sup> | 25 | 26979 |
| West Fraser Timber Co. Ltd., 4.35%, 10/15/24 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 07/15/24)<sup>(b)</sup> | 33 | 32040 |
|  |  | 479597 |
| **Hand & Machine Tools — 0.1%** |  |  |
| Snap-on Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.10%, 05/01/50 (Call 11/01/49) | 39 | 28553 |
| &nbsp;&nbsp;&nbsp;3.25%, 03/01/27 (Call 12/01/26) | 7 | 6672 |
| &nbsp;&nbsp;&nbsp;4.10%, 03/01/48 (Call 09/01/47) | 65 | 56419 |
| Stanley Black & Decker Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.30%, 03/15/30 (Call 12/15/29) | 20 | 16751 |
| &nbsp;&nbsp;&nbsp;2.75%, 11/15/50 (Call 05/15/50) | 35 | 22459 |
| &nbsp;&nbsp;&nbsp;3.40%, 03/01/26 (Call 01/01/26) | 12 | 11496 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 03/15/60 (Call 03/15/25)<sup>(a)</sup> | 153 | 131575 |
| &nbsp;&nbsp;&nbsp;4.25%, 11/15/28 (Call 08/15/28) | 20 | 19479 |
| &nbsp;&nbsp;&nbsp;4.85%, 11/15/48 (Call 05/15/48) | 90 | 82382 |
| &nbsp;&nbsp;&nbsp;5.20%, 09/01/40 | 31 | 30137 |
|  |  | 405923 |
| **Health Care - Products — 0.3%** |  |  |
| Alcon Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.60%, 05/27/30 (Call 02/27/30)<sup>(b)</sup> | 45 | 38016 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 09/23/29 (Call 06/23/29)<sup>(b)</sup> | 65 | 56961 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.80%, 09/23/49 (Call 03/23/49)<sup>(b)</sup> | 65 | 49222 |
| Avantor Funding Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 11/01/29 (Call 11/01/24)<sup>(b)</sup> | 65 | 55742 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 07/15/28 (Call 07/15/23)<sup>(b)</sup> | 130 | 119587 |
| Baxter International Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.92%, 02/01/27 (Call 01/01/27) | 200 | 178232 |
| &nbsp;&nbsp;&nbsp;2.54%, 02/01/32 (Call 11/01/31) | 200 | 161534 |
| &nbsp;&nbsp;&nbsp;3.13%, 12/01/51 (Call 06/01/51) | 100 | 67252 |
| Danaher Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.60%, 10/01/50 (Call 04/01/50) | 50 | 33163 |
| &nbsp;&nbsp;&nbsp;2.80%, 12/10/51 (Call 06/10/51) | 35 | 24091 |
| &nbsp;&nbsp;&nbsp;3.35%, 09/15/25 (Call 06/15/25) | 15 | 14563 |
| &nbsp;&nbsp;&nbsp;4.38%, 09/15/45 (Call 03/15/45) | 95 | 85549 |
| DENTSPLY SIRONA Inc., 3.25%, 06/01/30 (Call 03/01/30) | 65 | 53988 |
| DH Europe Finance II Sarl |  |  |
| &nbsp;&nbsp;&nbsp;2.20%, 11/15/24 (Call 10/15/24) | 20 | 19047 |
| &nbsp;&nbsp;&nbsp;2.60%, 11/15/29 (Call 08/15/29) | 5 | 4421 |
| &nbsp;&nbsp;&nbsp;3.25%, 11/15/39 (Call 05/15/39) | 25 | 20257 |
| &nbsp;&nbsp;&nbsp;3.40%, 11/15/49 (Call 05/15/49) | 92 | 70934 |
| Garden Spinco Corp., 8.63%, 07/20/30 (Call 07/20/27)<sup>(b)</sup> | 30 | 32057 |
| Hologic Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 02/15/29 (Call 09/28/23)<sup>(b)</sup> | 75 | 65882 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 02/01/28 (Call 02/01/23)<sup>(b)</sup> | 30 | 28788 |
| PerkinElmer Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.85%, 09/15/24 (Call 01/03/23) | 10 | 9216 |
| &nbsp;&nbsp;&nbsp;1.90%, 09/15/28 (Call 07/15/28) | 20 | 16679 |
| &nbsp;&nbsp;&nbsp;2.25%, 09/15/31 (Call 06/15/31) | 75 | 59317 |
| &nbsp;&nbsp;&nbsp;2.55%, 03/15/31 (Call 12/15/30) | 17 | 13842 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Health Care - Products (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.30%, 09/15/29 (Call 06/15/29) | $73 | $63995 |
| &nbsp;&nbsp;&nbsp;3.63%, 03/15/51 (Call 09/15/50) | 58 | 41685 |
| STERIS Irish FinCo UnLtd Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.70%, 03/15/31 (Call 12/15/30) | 85 | 69664 |
| &nbsp;&nbsp;&nbsp;3.75%, 03/15/51 (Call 09/15/50) | 85 | 61957 |
| Stryker Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.95%, 06/15/30 (Call 03/15/30) | 200 | 164906 |
| &nbsp;&nbsp;&nbsp;4.63%, 03/15/46 (Call 09/15/45) | 160 | 144990 |
| Teleflex Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 06/01/28 (Call 06/01/23)<sup>(b)</sup> | 40 | 37140 |
| &nbsp;&nbsp;&nbsp;4.63%, 11/15/27 (Call 12/16/22) | 40 | 37803 |
| Varex Imaging Corp., 7.88%, 10/15/27 (Call 10/15/23)<sup>(b)</sup> | 19 | 18762 |
|  |  | 1919242 |
| **Health Care - Services — 1.0%** |  |  |
| Acadia Healthcare Co. Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 04/15/29 (Call 10/15/23)<sup>(b)</sup> | 40 | 36886 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 07/01/28 (Call 07/01/23)<sup>(b)</sup> | 40 | 37689 |
| AHP Health Partners Inc., 5.75%, 07/15/29 (Call 07/15/24)<sup>(b)</sup> | 20 | 15851 |
| Anthem Inc., 4.10%, 05/15/32 (Call 02/15/32) | 15 | 14150 |
| Catalent Pharma Solutions Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 02/15/29 (Call 02/15/24)<sup>(b)</sup> | 45 | 36808 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 04/01/30 (Call 04/01/25)<sup>(b)</sup> | 50 | 41251 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 07/15/27 (Call 01/03/23)<sup>(b)</sup> | 40 | 38135 |
| Centene Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.45%, 07/15/28 (Call 05/15/28) | 160 | 135282 |
| &nbsp;&nbsp;&nbsp;2.50%, 03/01/31 (Call 12/01/30) | 170 | 134630 |
| &nbsp;&nbsp;&nbsp;2.63%, 08/01/31 (Call 05/01/31) | 100 | 79238 |
| &nbsp;&nbsp;&nbsp;3.00%, 10/15/30 (Call 07/15/30) | 188 | 155132 |
| &nbsp;&nbsp;&nbsp;3.38%, 02/15/30 (Call 02/15/25) | 165 | 140809 |
| &nbsp;&nbsp;&nbsp;4.25%, 12/15/27 (Call 12/16/22) | 210 | 197175 |
| &nbsp;&nbsp;&nbsp;4.63%, 12/15/29 (Call 12/15/24) | 275 | 255618 |
| Charles River Laboratories International Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 03/15/29 (Call 03/15/24)<sup>(b)</sup> | 40 | 35021 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 03/15/31 (Call 03/15/26)<sup>(b)</sup> | 40 | 34560 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 05/01/28 (Call 05/01/23)<sup>(b)</sup> | 40 | 36440 |
| DaVita Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 02/15/31 (Call 02/15/26)<sup>(b)</sup> | 120 | 88129 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 06/01/30 (Call 06/01/25)<sup>(b)</sup> | 205 | 165917 |
| Elevance Health Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.25%, 05/15/30 (Call 02/15/30) | 145 | 121517 |
| &nbsp;&nbsp;&nbsp;2.38%, 01/15/25 (Call 12/15/24) | 25 | 23835 |
| &nbsp;&nbsp;&nbsp;2.55%, 03/15/31 (Call 12/15/30) | 210 | 177402 |
| &nbsp;&nbsp;&nbsp;2.88%, 09/15/29 (Call 06/15/29) | 60 | 53017 |
| &nbsp;&nbsp;&nbsp;3.13%, 05/15/50 (Call 11/15/49) | 105 | 74125 |
| &nbsp;&nbsp;&nbsp;3.35%, 12/01/24 (Call 10/01/24) | 15 | 14567 |
| &nbsp;&nbsp;&nbsp;3.50%, 08/15/24 (Call 05/15/24) | 120 | 117346 |
| &nbsp;&nbsp;&nbsp;3.60%, 03/15/51 (Call 09/15/50) | 190 | 144738 |
| &nbsp;&nbsp;&nbsp;3.65%, 12/01/27 (Call 09/01/27) | 235 | 223619 |
| &nbsp;&nbsp;&nbsp;4.10%, 03/01/28 (Call 12/01/27) | 210 | 203131 |
| &nbsp;&nbsp;&nbsp;4.38%, 12/01/47 (Call 06/01/47) | 80 | 69718 |
| &nbsp;&nbsp;&nbsp;4.55%, 03/01/48 (Call 09/01/47) | 165 | 146198 |
| &nbsp;&nbsp;&nbsp;4.63%, 05/15/42 | 30 | 27645 |
| &nbsp;&nbsp;&nbsp;4.65%, 01/15/43 | 85 | 78537 |
| &nbsp;&nbsp;&nbsp;6.10%, 10/15/52 | 100 | 108974 |
| &nbsp;&nbsp;&nbsp;6.38%, 06/15/37 | 10 | 10844 |
| Encompass Health Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 02/01/28 (Call 02/01/23) | 62 | 55892 |
| &nbsp;&nbsp;&nbsp;4.63%, 04/01/31 (Call 04/01/26) | 25 | 21585 |
| &nbsp;&nbsp;&nbsp;4.75%, 02/01/30 (Call 02/01/25) | 75 | 66514 |
| &nbsp;&nbsp;&nbsp;5.75%, 09/15/25 (Call 01/03/23) | 35 | 34850 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Health Care - Services (continued)** |  |  |
| HCA Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.38%, 07/15/31 (Call 04/15/31) | $70 | $54993 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 03/15/29 (Call 01/15/29)<sup>(b)</sup> | 55 | 48511 |
| &nbsp;&nbsp;&nbsp;3.50%, 09/01/30 (Call 03/01/30) | 235 | 203517 |
| &nbsp;&nbsp;&nbsp;3.50%, 07/15/51 (Call 01/15/51) | 90 | 60598 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 03/15/32 (Call 12/15/31)<sup>(b)</sup> | 160 | 137005 |
| &nbsp;&nbsp;&nbsp;4.13%, 06/15/29 (Call 03/15/29) | 96 | 88027 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 03/15/42 (Call 09/15/41)<sup>(b)</sup> | 10 | 8138 |
| &nbsp;&nbsp;&nbsp;4.50%, 02/15/27 (Call 08/15/26) | 148 | 142329 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 03/15/52 (Call 09/15/51)<sup>(b)</sup> | 150 | 120669 |
| &nbsp;&nbsp;&nbsp;5.00%, 03/15/24 | 123 | 122519 |
| &nbsp;&nbsp;&nbsp;5.13%, 06/15/39 (Call 12/15/38) | 125 | 111809 |
| &nbsp;&nbsp;&nbsp;5.25%, 04/15/25 | 240 | 240060 |
| &nbsp;&nbsp;&nbsp;5.25%, 06/15/26 (Call 12/15/25) | 120 | 119082 |
| &nbsp;&nbsp;&nbsp;5.25%, 06/15/49 (Call 12/15/48) | 145 | 127338 |
| &nbsp;&nbsp;&nbsp;5.38%, 02/01/25 | 205 | 204709 |
| &nbsp;&nbsp;&nbsp;5.38%, 09/01/26 (Call 03/01/26) | 100 | 99658 |
| &nbsp;&nbsp;&nbsp;5.50%, 06/15/47 (Call 12/15/46) | 111 | 100443 |
| &nbsp;&nbsp;&nbsp;5.63%, 09/01/28 (Call 03/01/28) | 130 | 129932 |
| &nbsp;&nbsp;&nbsp;5.88%, 02/15/26 (Call 08/15/25) | 135 | 136131 |
| &nbsp;&nbsp;&nbsp;5.88%, 02/01/29 (Call 08/01/28) | 95 | 95936 |
| Humana Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.35%, 02/03/27 (Call 01/03/27) | 118 | 102094 |
| &nbsp;&nbsp;&nbsp;2.15%, 02/03/32 (Call 11/03/31) | 50 | 39570 |
| &nbsp;&nbsp;&nbsp;3.13%, 08/15/29 (Call 05/15/29) | 40 | 35351 |
| &nbsp;&nbsp;&nbsp;3.85%, 10/01/24 (Call 07/01/24) | 45 | 44224 |
| &nbsp;&nbsp;&nbsp;3.95%, 03/15/27 (Call 12/15/26) | 93 | 89724 |
| &nbsp;&nbsp;&nbsp;3.95%, 08/15/49 (Call 02/15/49) | 30 | 24238 |
| &nbsp;&nbsp;&nbsp;4.50%, 04/01/25 (Call 03/01/25) | 15 | 14855 |
| &nbsp;&nbsp;&nbsp;4.63%, 12/01/42 (Call 06/01/42) | 17 | 15035 |
| &nbsp;&nbsp;&nbsp;4.80%, 03/15/47 (Call 09/15/46) | 55 | 49353 |
| &nbsp;&nbsp;&nbsp;4.88%, 04/01/30 (Call 01/01/30) | 97 | 95248 |
| &nbsp;&nbsp;&nbsp;4.95%, 10/01/44 (Call 04/01/44) | 75 | 69445 |
| IQVIA Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 10/15/26 (Call 01/03/23)<sup>(b)</sup> | 60 | 57790 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 05/15/27 (Call 01/03/23)<sup>(b)</sup> | 125 | 120407 |
| Laboratory Corp. of America Holdings |  |  |
| &nbsp;&nbsp;&nbsp;1.55%, 06/01/26 (Call 05/01/26) | 25 | 22170 |
| &nbsp;&nbsp;&nbsp;2.30%, 12/01/24 (Call 11/01/24) | 161 | 152234 |
| &nbsp;&nbsp;&nbsp;2.70%, 06/01/31 (Call 03/01/31) | 20 | 16768 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.95%, 12/01/29 (Call 09/01/29)<sup>(c)</sup> | 82 | 71438 |
| &nbsp;&nbsp;&nbsp;3.25%, 09/01/24 (Call 07/01/24) | 186 | 179503 |
| &nbsp;&nbsp;&nbsp;3.60%, 02/01/25 (Call 11/01/24) | 86 | 83407 |
| &nbsp;&nbsp;&nbsp;3.60%, 09/01/27 (Call 06/01/27) | 5 | 4759 |
| &nbsp;&nbsp;&nbsp;4.70%, 02/01/45 (Call 08/01/44) | 105 | 92910 |
| ModivCare Inc., 5.88%, 11/15/25 (Call 01/03/23)<sup>(b)</sup> | 35 | 32373 |
| Molina Healthcare Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 11/15/30 (Call 08/17/30)<sup>(b)</sup> | 55 | 47293 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 05/15/32 (Call 02/15/32)<sup>(b)</sup> | 60 | 50642 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 06/15/28 (Call 06/15/23)<sup>(b)</sup> | 60 | 54440 |
| Pediatrix Medical Group Inc., 5.38%, 02/15/30 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 02/15/25)<sup>(b)(c)</sup> | 35 | 29579 |
| Quest Diagnostics Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.80%, 06/30/31 (Call 03/30/31) | 20 | 16895 |
| &nbsp;&nbsp;&nbsp;2.95%, 06/30/30 (Call 03/30/30) | 71 | 61748 |
| &nbsp;&nbsp;&nbsp;3.45%, 06/01/26 (Call 03/01/26) | 105 | 100687 |
| &nbsp;&nbsp;&nbsp;3.50%, 03/30/25 (Call 12/30/24) | 37 | 35905 |
| &nbsp;&nbsp;&nbsp;4.20%, 06/30/29 (Call 03/30/29) | 50 | 48100 |
| &nbsp;&nbsp;&nbsp;4.25%, 04/01/24 (Call 01/01/24) | 10 | 9906 |
| &nbsp;&nbsp;&nbsp;4.70%, 03/30/45 (Call 09/30/44) | 57 | 48412 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Health Care - Services (continued)** |  |  |
| Select Medical Corp., 6.25%, 08/15/26 (Call 01/03/23)<sup>(b)(c)</sup> | $107 | $103545 |
| Surgery Center Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 07/01/25 (Call 01/03/23)<sup>(b)</sup> | 31 | 30550 |
| &nbsp;&nbsp;&nbsp;&nbsp;10.00%, 04/15/27 (Call 01/03/23)<sup>(b)</sup> | 44 | 44259 |
| Syneos Health Inc., 3.63%, 01/15/29 (Call 01/15/24)<sup>(b)</sup> | 50 | 39010 |
|  |  | 7938046 |
| **Holding Companies - Diversified — 0.1%** |  |  |
| Morgan Stanley Direct Lending Fund, 4.50%, 02/11/27 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 01/11/27) | 50 | 46042 |
| Temasek Financial I Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.38%, 08/02/41 (Call 02/02/41)<sup>(b)</sup> | 250 | 181297 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 07/23/42<sup>(b)</sup> | 250 | 212032 |
|  |  | 439371 |
| **Home Builders — 0.2%** |  |  |
| Beazer Homes USA Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.88%, 10/15/27 (Call 12/16/22) | 30 | 26229 |
| &nbsp;&nbsp;&nbsp;6.75%, 03/15/25 (Call 12/16/22) | 20 | 19256 |
| &nbsp;&nbsp;&nbsp;7.25%, 10/15/29 (Call 10/15/24) | 25 | 22079 |
| Century Communities Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 08/15/29 (Call 02/15/29)<sup>(b)</sup> | 40 | 32278 |
| &nbsp;&nbsp;&nbsp;6.75%, 06/01/27 (Call 01/03/23) | 45 | 43812 |
| DR Horton Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.40%, 10/15/27 (Call 08/15/27) | 5 | 4181 |
| &nbsp;&nbsp;&nbsp;2.50%, 10/15/24 (Call 09/15/24) | 80 | 76169 |
| &nbsp;&nbsp;&nbsp;2.60%, 10/15/25 (Call 09/15/25) | 10 | 9336 |
| Installed Building Products Inc., 5.75%, 02/01/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 02/01/23)<sup>(b)</sup> | 20 | 17529 |
| K Hovnanian Enterprises Inc., 7.75%, 02/15/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 02/15/23)<sup>(b)(c)</sup> | 20 | 20172 |
| KB Home |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 06/15/31 (Call 12/15/30) | 30 | 23937 |
| &nbsp;&nbsp;&nbsp;4.80%, 11/15/29 (Call 05/15/29) | 25 | 21700 |
| &nbsp;&nbsp;&nbsp;6.88%, 06/15/27 (Call 12/15/26) | 30 | 29911 |
| &nbsp;&nbsp;&nbsp;7.25%, 07/15/30 (Call 07/15/25) | 25 | 24057 |
| LGI Homes Inc., 4.00%, 07/15/29 (Call 01/15/29)<sup>(b)</sup> | 20 | 15196 |
| MDC Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 01/15/31 (Call 07/15/30) | 35 | 24852 |
| &nbsp;&nbsp;&nbsp;3.85%, 01/15/30 (Call 07/15/29) | 30 | 24275 |
| &nbsp;&nbsp;&nbsp;3.97%, 08/06/61 (Call 02/06/61) | 35 | 19458 |
| &nbsp;&nbsp;&nbsp;6.00%, 01/15/43 (Call 10/15/42) | 50 | 40272 |
| Meritage Homes Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 04/15/29 (Call 10/15/28)<sup>(b)</sup> | 35 | 29660 |
| &nbsp;&nbsp;&nbsp;5.13%, 06/06/27 (Call 12/06/26) | 25 | 23622 |
| &nbsp;&nbsp;&nbsp;6.00%, 06/01/25 (Call 03/01/25) | 30 | 29754 |
| NVR Inc., 3.00%, 05/15/30 (Call 11/15/29) | 64 | 54264 |
| PulteGroup Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 01/15/27 (Call 10/15/26) | 20 | 19847 |
| &nbsp;&nbsp;&nbsp;5.50%, 03/01/26 (Call 12/01/25) | 44 | 44381 |
| &nbsp;&nbsp;&nbsp;6.00%, 02/15/35 | 41 | 39594 |
| &nbsp;&nbsp;&nbsp;6.38%, 05/15/33 | 50 | 50011 |
| &nbsp;&nbsp;&nbsp;7.88%, 06/15/32 | 25 | 27917 |
| Taylor Morrison Communities Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 08/01/30 (Call 02/01/30)<sup>(b)</sup> | 35 | 30541 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 01/15/28 (Call 10/15/27)<sup>(b)</sup> | 35 | 32719 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 06/15/27 (Call 03/15/27)<sup>(b)</sup> | 40 | 38314 |
| Taylor Morrison Communities Inc./Taylor Morrison Holdings II Inc., 5.63%, 03/01/24 (Call 12/01/23)<sup>(b)</sup> | 35 | 34695 |
| Thor Industries Inc., 4.00%, 10/15/29 (Call 10/15/24)<sup>(b)</sup> | 35 | 28341 |
| TRI Pointe Group Inc./TRI Pointe Homes Inc., 5.88%, |  |  |
| &nbsp;&nbsp;&nbsp;06/15/24 | 40 | 40131 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Home Builders (continued)** |  |  |
| Tri Pointe Homes Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 06/01/27 (Call 12/01/26) | $25 | $22594 |
| &nbsp;&nbsp;&nbsp;5.70%, 06/15/28 (Call 12/15/27) | 30 | 27085 |
| Winnebago Industries Inc., 6.25%, 07/15/28 (Call 07/15/23)<sup>(b)</sup> | 35 | 32409 |
|  |  | 1100578 |
| **Home Furnishings — 0.0%** |  |  |
| Leggett & Platt Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 11/15/51 (Call 05/15/51) | 30 | 21777 |
| &nbsp;&nbsp;&nbsp;4.40%, 03/15/29 (Call 12/15/28) | 22 | 20925 |
| Whirlpool Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.40%, 05/15/31 (Call 02/15/31) | 70 | 55496 |
| &nbsp;&nbsp;&nbsp;4.50%, 06/01/46 (Call 12/01/45) | 40 | 31426 |
| &nbsp;&nbsp;&nbsp;4.60%, 05/15/50 (Call 11/15/49) | 40 | 31652 |
| &nbsp;&nbsp;&nbsp;4.75%, 02/26/29 (Call 11/26/28) | 10 | 9734 |
|  |  | 171010 |
| **Household Products & Wares — 0.1%** |  |  |
| ACCO Brands Corp., 4.25%, 03/15/29 (Call 03/15/24)<sup>(b)</sup> | 50 | 41824 |
| Avery Dennison Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.25%, 02/15/32 (Call 11/15/31) | 55 | 42426 |
| &nbsp;&nbsp;&nbsp;2.65%, 04/30/30 (Call 02/01/30) | 18 | 14905 |
| &nbsp;&nbsp;&nbsp;4.88%, 12/06/28 (Call 09/06/28) | 15 | 14738 |
| Church & Dwight Co. Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.30%, 12/15/31 (Call 09/15/31) | 10 | 8144 |
| &nbsp;&nbsp;&nbsp;3.15%, 08/01/27 (Call 05/01/27) | 65 | 61155 |
| &nbsp;&nbsp;&nbsp;3.95%, 08/01/47 (Call 02/01/47) | 92 | 73746 |
| &nbsp;&nbsp;&nbsp;5.00%, 06/15/52 (Call 12/15/51) | 5 | 4747 |
| Clorox Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;1.80%, 05/15/30 (Call 02/15/30) | 45 | 36124 |
| &nbsp;&nbsp;&nbsp;3.10%, 10/01/27 (Call 07/01/27) | 221 | 206259 |
| &nbsp;&nbsp;&nbsp;3.90%, 05/15/28 (Call 02/15/28) | 35 | 33689 |
| Kimberly-Clark Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.05%, 09/15/27 (Call 07/15/27) | 64 | 55156 |
| &nbsp;&nbsp;&nbsp;2.00%, 11/02/31 (Call 08/02/31) | 10 | 8160 |
| &nbsp;&nbsp;&nbsp;2.75%, 02/15/26 | 20 | 18966 |
| &nbsp;&nbsp;&nbsp;2.88%, 02/07/50 (Call 08/07/49) | 75 | 53018 |
| &nbsp;&nbsp;&nbsp;3.05%, 08/15/25 | 40 | 38471 |
| &nbsp;&nbsp;&nbsp;3.10%, 03/26/30 (Call 12/26/29) | 70 | 63245 |
| &nbsp;&nbsp;&nbsp;3.20%, 04/25/29 (Call 01/25/29) | 50 | 45937 |
| &nbsp;&nbsp;&nbsp;3.20%, 07/30/46 (Call 01/30/46) | 60 | 44177 |
| &nbsp;&nbsp;&nbsp;3.90%, 05/04/47 (Call 11/04/46) | 25 | 21010 |
| &nbsp;&nbsp;&nbsp;3.95%, 11/01/28 (Call 08/01/28) | 35 | 34000 |
| &nbsp;&nbsp;&nbsp;5.30%, 03/01/41 | 52 | 52757 |
| &nbsp;&nbsp;&nbsp;6.63%, 08/01/37 | 72 | 84331 |
| SC Johnson & Son Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 10/15/46 (Call 04/16/46)<sup>(b)</sup> | 25 | 22749 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.80%, 09/01/40<sup>(b)</sup> | 10 | 9287 |
|  |  | 1089021 |
| **Housewares — 0.1%** |  |  |
| Newell Brands Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 12/01/24 (Call 09/01/24) | 20 | 19448 |
| &nbsp;&nbsp;&nbsp;4.45%, 04/01/26 (Call 01/01/26) | 150 | 141519 |
| &nbsp;&nbsp;&nbsp;4.88%, 06/01/25 (Call 05/01/25) | 41 | 40013 |
| &nbsp;&nbsp;&nbsp;5.63%, 04/01/36 (Call 10/01/35) | 35 | 29969 |
| &nbsp;&nbsp;&nbsp;6.00%, 04/01/46 (Call 10/01/45) | 50 | 38870 |
| &nbsp;&nbsp;&nbsp;6.38%, 09/15/27 (Call 06/15/27) | 40 | 39344 |
| &nbsp;&nbsp;&nbsp;6.63%, 09/15/29 (Call 06/15/29) | 40 | 39466 |
|  |  | 348629 |
| **Insurance — 1.5%** |  |  |
| ACE Capital Trust II, Series N, 9.70%, 04/01/30 | 20 | 24696 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Insurance (continued)** |  |  |
| Aflac Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.13%, 03/15/26 (Call 02/15/26) | $10 | $8912 |
| &nbsp;&nbsp;&nbsp;2.88%, 10/15/26 (Call 07/15/26) | 70 | 65672 |
| &nbsp;&nbsp;&nbsp;3.60%, 04/01/30 (Call 01/01/30) | 143 | 132151 |
| &nbsp;&nbsp;&nbsp;4.00%, 10/15/46 (Call 04/15/46) | 25 | 19738 |
| &nbsp;&nbsp;&nbsp;4.75%, 01/15/49 (Call 07/15/48) | 50 | 44266 |
| AIA Group Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.70%, (Call 04/07/26)<sup>(a)(d)(e)</sup> | 200 | 165876 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.20%, 09/16/40 (Call 03/16/40)<sup>(b)</sup> | 240 | 174998 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 04/07/30 (Call 01/07/30)<sup>(b)</sup> | 15 | 13382 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.60%, 04/09/29 (Call 01/09/29)<sup>(b)</sup> | 235 | 215702 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.90%, 04/06/28 (Call 01/06/28)<sup>(b)</sup> | 125 | 117732 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 03/11/44<sup>(b)</sup> | 15 | 13658 |
| Allstate Corp. (The) |  |  |
| &nbsp;&nbsp;&nbsp;0.75%, 12/15/25 (Call 11/15/25) | 85 | 75189 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.28%, 12/15/26 (Call 09/15/26)<sup>(c)</sup> | 35 | 33329 |
| &nbsp;&nbsp;&nbsp;3.85%, 08/10/49 (Call 02/10/49) | 32 | 25288 |
| &nbsp;&nbsp;&nbsp;4.20%, 12/15/46 (Call 06/15/46) | 80 | 67969 |
| &nbsp;&nbsp;&nbsp;4.50%, 06/15/43 | 10 | 9005 |
| &nbsp;&nbsp;&nbsp;5.35%, 06/01/33 | 40 | 40555 |
| &nbsp;&nbsp;&nbsp;5.55%, 05/09/35 | 122 | 126053 |
| &nbsp;&nbsp;&nbsp;6.50%, 05/15/67 (Call 05/15/37), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 2.120%)<sup>(a)</sup> | 40 | 38402 |
| American International Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 06/30/25 (Call 05/30/25) | 160 | 151336 |
| &nbsp;&nbsp;&nbsp;3.90%, 04/01/26 (Call 01/01/26) | 23 | 22360 |
| &nbsp;&nbsp;&nbsp;4.20%, 04/01/28 (Call 01/01/28) | 10 | 9502 |
| &nbsp;&nbsp;&nbsp;4.38%, 06/30/50 (Call 12/30/49) | 120 | 103860 |
| &nbsp;&nbsp;&nbsp;4.50%, 07/16/44 (Call 01/16/44) | 5 | 4391 |
| &nbsp;&nbsp;&nbsp;4.75%, 04/01/48 (Call 10/01/47) | 120 | 108853 |
| &nbsp;&nbsp;&nbsp;6.25%, 05/01/36 | 50 | 53760 |
| &nbsp;&nbsp;&nbsp;Series A-9, 5.75%, 04/01/48 (Call 04/01/28), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 2.868%)<sup>(a)</sup> | 50 | 46862 |
| Arch Capital Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp;4.01%, 12/15/26 (Call 09/15/26) | 20 | 19214 |
| &nbsp;&nbsp;&nbsp;5.03%, 12/15/46 (Call 06/15/46) | 29 | 25182 |
| Arch Capital Group Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;3.64%, 06/30/50 (Call 12/30/49) | 95 | 66959 |
| &nbsp;&nbsp;&nbsp;7.35%, 05/01/34 | 5 | 5608 |
| Arch Capital Group U.S. Inc., 5.14%, 11/01/43 | 70 | 63080 |
| Arthur J Gallagher & Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.40%, 11/09/31 (Call 08/09/31) | 10 | 7912 |
| &nbsp;&nbsp;&nbsp;3.50%, 05/20/51 (Call 11/20/50) | 10 | 7167 |
| Assurant Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.65%, 01/15/32 (Call 10/15/31) | 63 | 46857 |
| &nbsp;&nbsp;&nbsp;3.70%, 02/22/30 (Call 11/22/29) | 100 | 85733 |
| &nbsp;&nbsp;&nbsp;4.90%, 03/27/28 (Call 12/27/27) | 60 | 57823 |
| &nbsp;&nbsp;&nbsp;7.00%, 03/27/48 (Call 03/27/28), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 4.135%)<sup>(a)</sup> | 35 | 33598 |
| AXA SA, 6.38%, (Call 12/14/36), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 2.256%)<sup>(a)(b)(e)</sup> | 30 | 29146 |
| AXIS Specialty Finance LLC, 4.90%, 01/15/40 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 01/15/30)<sup>(a)</sup> | 5 | 4093 |
| AXIS Specialty Finance PLC, 4.00%, 12/06/27 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 09/06/27) | 20 | 18828 |
| Brown & Brown Inc., 4.95%, 03/17/52 (Call 09/17/51) | 100 | 82812 |
| Chubb Corp. (The), Series 1, 6.50%, 05/15/38 | 20 | 22357 |
| Chubb INA Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.85%, 12/15/51 (Call 06/15/51) | 55 | 37326 |
| &nbsp;&nbsp;&nbsp;3.05%, 12/15/61 (Call 06/15/61) | 170 | 113339 |
| &nbsp;&nbsp;&nbsp;3.15%, 03/15/25 | 15 | 14502 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Insurance (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.35%, 05/03/26 (Call 02/03/26) | $220 | $212929 |
| &nbsp;&nbsp;&nbsp;4.15%, 03/13/43 | 20 | 17063 |
| &nbsp;&nbsp;&nbsp;4.35%, 11/03/45 (Call 05/03/45) | 50 | 44380 |
| &nbsp;&nbsp;&nbsp;6.70%, 05/15/36 | 45 | 50687 |
| Dai-Ichi Life Insurance Co. Ltd. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, (Call 07/24/26)<sup>(a)(b)(e)</sup> | 15 | 13811 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.10%, (Call 10/28/24)<sup>(a)(b)(e)</sup> | 220 | 213305 |
| Empower Finance 2020 LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.36%, 09/17/27 (Call 07/17/27)<sup>(b)</sup> | 35 | 29390 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.78%, 03/17/31 (Call 12/17/30)<sup>(b)</sup> | 140 | 106953 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.08%, 09/17/51 (Call 03/17/51)<sup>(b)</sup> | 15 | 9272 |
| Everest Reinsurance Holdings Inc., 3.13%, 10/15/52 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 04/15/52) | 100 | 64002 |
| Genworth Holdings Inc., 6.50%, 06/15/34 | 20 | 17396 |
| Great-West Lifeco Finance 2018 LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.05%, 05/17/28 (Call 02/17/28)<sup>(b)</sup> | 45 | 42480 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.58%, 05/17/48 (Call 11/17/47)<sup>(b)</sup> | 5 | 4200 |
| Great-West Lifeco Finance Delaware LP, 4.15%, 06/03/47 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 12/03/46)<sup>(b)</sup> | 60 | 47638 |
| Great-West Lifeco U.S. Finance 2020 LP, 0.90%, 08/12/25 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 07/12/25)<sup>(b)</sup> | 167 | 148498 |
| Hanover Insurance Group Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 09/01/30 (Call 06/01/30) | 50 | 38680 |
| &nbsp;&nbsp;&nbsp;4.50%, 04/15/26 (Call 01/15/26) | 80 | 79138 |
| Hartford Financial Services Group Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;2.90%, 09/15/51 (Call 03/15/51) | 30 | 19458 |
| &nbsp;&nbsp;&nbsp;3.60%, 08/19/49 (Call 02/19/49) | 91 | 67307 |
| &nbsp;&nbsp;&nbsp;4.30%, 04/15/43 | 45 | 36695 |
| &nbsp;&nbsp;&nbsp;4.40%, 03/15/48 (Call 09/15/47) | 45 | 37894 |
| &nbsp;&nbsp;&nbsp;5.95%, 10/15/36 | 40 | 40380 |
| &nbsp;&nbsp;&nbsp;6.10%, 10/01/41 | 50 | 50820 |
| Jackson Financial Inc., 3.13%, 11/23/31 (Call 08/23/31) | 160 | 123778 |
| Lincoln National Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.05%, 01/15/30 (Call 10/15/29) | 35 | 29046 |
| &nbsp;&nbsp;&nbsp;3.35%, 03/09/25 | 35 | 33779 |
| &nbsp;&nbsp;&nbsp;3.40%, 01/15/31 (Call 10/15/30) | 85 | 70573 |
| &nbsp;&nbsp;&nbsp;3.63%, 12/12/26 (Call 09/15/26) | 70 | 65980 |
| &nbsp;&nbsp;&nbsp;3.80%, 03/01/28 (Call 12/01/27) | 51 | 47452 |
| &nbsp;&nbsp;&nbsp;4.35%, 03/01/48 (Call 09/01/47) | 50 | 38258 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 06/15/50 (Call 12/15/49)<sup>(c)</sup> | 44 | 33876 |
| &nbsp;&nbsp;&nbsp;6.30%, 10/09/37 | 5 | 4973 |
| &nbsp;&nbsp;&nbsp;7.00%, 06/15/40 | 45 | 47226 |
| Marsh & McLennan Companies Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.25%, 11/15/30 (Call 08/15/30) | 41 | 33796 |
| &nbsp;&nbsp;&nbsp;3.50%, 06/03/24 (Call 03/03/24) | 85 | 83228 |
| &nbsp;&nbsp;&nbsp;3.50%, 03/10/25 (Call 12/10/24) | 92 | 89672 |
| &nbsp;&nbsp;&nbsp;3.75%, 03/14/26 (Call 12/14/25) | 91 | 88679 |
| &nbsp;&nbsp;&nbsp;3.88%, 03/15/24 (Call 02/15/24) | 195 | 192522 |
| &nbsp;&nbsp;&nbsp;4.20%, 03/01/48 (Call 09/01/47) | 55 | 45944 |
| &nbsp;&nbsp;&nbsp;4.35%, 01/30/47 (Call 07/30/46) | 75 | 63922 |
| &nbsp;&nbsp;&nbsp;4.38%, 03/15/29 (Call 12/15/28) | 72 | 70276 |
| &nbsp;&nbsp;&nbsp;4.75%, 03/15/39 (Call 09/15/38) | 60 | 55463 |
| &nbsp;&nbsp;&nbsp;4.90%, 03/15/49 (Call 09/15/48) | 112 | 104759 |
| &nbsp;&nbsp;&nbsp;5.88%, 08/01/33 | 45 | 47294 |
| Meiji Yasuda Life Insurance Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.10%, 04/26/48 (Call 04/26/28)<sup>(a)(b)</sup> | 25 | 23788 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.20%, 10/20/45 (Call 10/20/25)<sup>(a)(b)</sup> | 35 | 33645 |
| Metropolitan Life Global Funding I |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.40%, 01/07/24<sup>(b)</sup> | 35 | 33282 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.95%, 07/02/25<sup>(b)</sup> | 10 | 9059 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.55%, 01/07/31<sup>(b)</sup> | 50 | 39219 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Insurance (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.88%, 01/11/27<sup>(b)</sup> | $200 | $177616 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.95%, 04/09/30<sup>(b)</sup> | 150 | 131661 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.45%, 12/18/26<sup>(b)</sup> | 100 | 94132 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.40%, 06/30/27<sup>(b)</sup> | 200 | 195724 |
| MGIC Investment Corp., 5.25%, 08/15/28 (Call 08/15/23) | 50 | 45766 |
| Munich Re America Corp., Series B, 7.45%, 12/15/26<sup>(c)</sup> | 103 | 112066 |
| Nippon Life Insurance Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.75%, 01/21/51 (Call 01/21/31)<sup>(a)(b)</sup> | 60 | 46195 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.90%, 09/16/51 (Call 09/16/31)<sup>(a)(b)</sup> | 15 | 11647 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.40%, 01/23/50 (Call 01/23/30)<sup>(a)(b)</sup> | 25 | 20443 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 09/19/47 (Call 09/19/27)<sup>(a)(b)</sup> | 15 | 13449 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.70%, 01/20/46 (Call 01/20/26)<sup>(a)(b)</sup> | 245 | 233576 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.10%, 10/16/44 (Call 10/16/24)<sup>(a)(b)</sup> | 305 | 296698 |
| Primerica Inc., 2.80%, 11/19/31 (Call 08/19/31)<sup>(c)</sup> | 35 | 28798 |
| Principal Financial Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.13%, 06/15/30 (Call 03/15/30) | 60 | 49534 |
| &nbsp;&nbsp;&nbsp;3.10%, 11/15/26 (Call 08/15/26) | 35 | 32758 |
| &nbsp;&nbsp;&nbsp;3.40%, 05/15/25 (Call 02/15/25) | 20 | 19351 |
| &nbsp;&nbsp;&nbsp;3.70%, 05/15/29 (Call 02/15/29) | 75 | 70282 |
| &nbsp;&nbsp;&nbsp;4.30%, 11/15/46 (Call 05/15/46) | 55 | 45491 |
| &nbsp;&nbsp;&nbsp;4.35%, 05/15/43 | 22 | 18214 |
| &nbsp;&nbsp;&nbsp;4.63%, 09/15/42 | 20 | 17213 |
| &nbsp;&nbsp;&nbsp;6.05%, 10/15/36 | 51 | 53330 |
| Principal Life Global Funding, 1.38%, 01/10/25<sup>(b)</sup> | 20 | 18504 |
| Principal Life Global Funding II |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.88%, 01/12/26<sup>(b)</sup> | 40 | 35326 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.25%, 06/23/25<sup>(b)</sup> | 103 | 93608 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.50%, 08/27/30<sup>(b)</sup> | 65 | 49879 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.63%, 11/19/30<sup>(b)</sup> | 15 | 11514 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.25%, 11/21/24<sup>(b)</sup> | 95 | 89766 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 09/16/29<sup>(b)</sup> | 71 | 60132 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 04/18/26<sup>(b)</sup> | 65 | 60482 |
| Progressive Corp. (The) |  |  |
| &nbsp;&nbsp;&nbsp;2.45%, 01/15/27 | 25 | 23012 |
| &nbsp;&nbsp;&nbsp;3.20%, 03/26/30 (Call 12/26/29) | 80 | 72274 |
| &nbsp;&nbsp;&nbsp;3.70%, 01/26/45 | 25 | 19623 |
| &nbsp;&nbsp;&nbsp;3.95%, 03/26/50 (Call 09/26/49) | 30 | 24366 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/01/29 (Call 12/01/28) | 27 | 26131 |
| &nbsp;&nbsp;&nbsp;4.13%, 04/15/47 (Call 10/15/46) | 62 | 52675 |
| &nbsp;&nbsp;&nbsp;4.20%, 03/15/48 (Call 09/15/47) | 65 | 54810 |
| &nbsp;&nbsp;&nbsp;4.35%, 04/25/44 | 15 | 13031 |
| &nbsp;&nbsp;&nbsp;6.25%, 12/01/32 | 68 | 74916 |
| Protective Life Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.40%, 01/15/30 (Call 10/15/29)<sup>(b)</sup> | 125 | 110075 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.30%, 09/30/28 (Call 06/30/28)<sup>(b)</sup> | 60 | 56371 |
| Prudential Financial Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.50%, 03/10/26 (Call 02/10/26) | 105 | 94914 |
| &nbsp;&nbsp;&nbsp;2.10%, 03/10/30 (Call 12/10/29) | 89 | 73792 |
| &nbsp;&nbsp;&nbsp;3.00%, 03/10/40 (Call 09/10/39) | 55 | 41144 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.70%, 10/01/50 (Call 07/01/30)<sup>(a)</sup> | 75 | 60434 |
| &nbsp;&nbsp;&nbsp;3.70%, 03/13/51 (Call 09/13/50) | 85 | 66065 |
| &nbsp;&nbsp;&nbsp;3.88%, 03/27/28 (Call 12/27/27) | 142 | 136941 |
| &nbsp;&nbsp;&nbsp;3.91%, 12/07/47 (Call 06/07/47) | 70 | 56606 |
| &nbsp;&nbsp;&nbsp;3.94%, 12/07/49 (Call 06/07/49) | 72 | 57143 |
| &nbsp;&nbsp;&nbsp;4.35%, 02/25/50 (Call 08/25/49) | 80 | 69108 |
| &nbsp;&nbsp;&nbsp;4.42%, 03/27/48 (Call 09/27/47) | 65 | 55957 |
| &nbsp;&nbsp;&nbsp;4.50%, 09/15/47 (Call 09/15/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 2.380%)<sup>(a)</sup> | 92 | 80552 |
| &nbsp;&nbsp;&nbsp;4.60%, 05/15/44 | 95 | 86949 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Insurance (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;5.20%, 03/15/44 (Call 03/15/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 3.040%)<sup>(a)</sup> | $75 | $71381 |
| &nbsp;&nbsp;&nbsp;5.38%, 05/15/45 (Call 05/15/25), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 3.031%)<sup>(a)</sup> | 148 | 138612 |
| &nbsp;&nbsp;&nbsp;5.70%, 12/14/36 | 62 | 63896 |
| &nbsp;&nbsp;&nbsp;5.70%, 09/15/48 (Call 09/15/28), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 2.665%)<sup>(a)</sup> | 130 | 121655 |
| &nbsp;&nbsp;&nbsp;5.75%, 07/15/33 | 18 | 18703 |
| &nbsp;&nbsp;&nbsp;6.63%, 06/21/40 | 30 | 32957 |
| QBE Insurance Group Ltd., 5.25%, (Call 05/16/25)<sup>(a)(d)(e)</sup> | 200 | 174760 |
| Reinsurance Group of America Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.15%, 06/15/30 (Call 03/15/30) | 82 | 70217 |
| &nbsp;&nbsp;&nbsp;3.90%, 05/15/29 (Call 02/15/29) | 73 | 66999 |
| &nbsp;&nbsp;&nbsp;3.95%, 09/15/26 (Call 06/15/26) | 136 | 131610 |
| Reliance Standard Life Global Funding II |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.51%, 09/28/26<sup>(b)</sup> | 75 | 65480 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 10/30/24<sup>(b)</sup> | 15 | 14168 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.75%, 05/07/25<sup>(b)</sup> | 15 | 14106 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.75%, 01/21/27<sup>(b)</sup> | 40 | 36156 |
| Selective Insurance Group Inc., 5.38%, 03/01/49 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 09/01/48) | 10 | 8761 |
| Swiss Re Finance Luxembourg SA, 5.00%, 04/02/49 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 04/02/29)<sup>(a)(b)</sup> | 200 | 178080 |
| Travelers Companies Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;2.55%, 04/27/50 (Call 10/27/49) | 77 | 48559 |
| &nbsp;&nbsp;&nbsp;3.75%, 05/15/46 (Call 11/15/45) | 54 | 42853 |
| &nbsp;&nbsp;&nbsp;4.00%, 05/30/47 (Call 11/30/46) | 45 | 37216 |
| &nbsp;&nbsp;&nbsp;4.05%, 03/07/48 (Call 09/07/47) | 20 | 16573 |
| &nbsp;&nbsp;&nbsp;4.10%, 03/04/49 (Call 09/04/48) | 52 | 42955 |
| &nbsp;&nbsp;&nbsp;4.30%, 08/25/45 (Call 02/25/45) | 60 | 51016 |
| &nbsp;&nbsp;&nbsp;4.60%, 08/01/43 | 25 | 22551 |
| &nbsp;&nbsp;&nbsp;5.35%, 11/01/40 | 80 | 80895 |
| &nbsp;&nbsp;&nbsp;6.25%, 06/15/37 | 85 | 93859 |
| &nbsp;&nbsp;&nbsp;6.75%, 06/20/36 | 40 | 45775 |
| Trinity Acquisition PLC, 4.40%, 03/15/26 (Call 12/15/25) | 70 | 68477 |
| Voya Financial Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.65%, 06/15/26 | 39 | 37008 |
| &nbsp;&nbsp;&nbsp;4.70%, 01/23/48 (Call 01/23/28), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 2.084%)<sup>(a)</sup> | 55 | 41097 |
| &nbsp;&nbsp;&nbsp;4.80%, 06/15/46 | 50 | 40874 |
| &nbsp;&nbsp;&nbsp;5.70%, 07/15/43 | 30 | 28053 |
| Willis North America Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.95%, 09/15/29 (Call 06/15/29) | 73 | 61918 |
| &nbsp;&nbsp;&nbsp;3.60%, 05/15/24 (Call 03/15/24) | 105 | 102109 |
| &nbsp;&nbsp;&nbsp;3.88%, 09/15/49 (Call 03/15/49) | 34 | 24561 |
| &nbsp;&nbsp;&nbsp;4.50%, 09/15/28 (Call 06/15/28) | 87 | 82513 |
| &nbsp;&nbsp;&nbsp;4.65%, 06/15/27 (Call 05/15/27) | 15 | 14575 |
| &nbsp;&nbsp;&nbsp;5.05%, 09/15/48 (Call 03/15/48) | 70 | 59536 |
| XLIT Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 12/15/43 | 50 | 49830 |
| &nbsp;&nbsp;&nbsp;5.50%, 03/31/45 | 60 | 56971 |
| Zurich Finance Ireland Designated Activity Co., 3.00%, 04/19/51 (Call 01/19/31)<sup>(a)(d)</sup> | 200 | 151674 |
|  |  | 11605931 |
| **Internet — 0.4%** |  |  |
| Alibaba Group Holding Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;3.60%, 11/28/24 (Call 08/28/24) | 300 | 289545 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.20%, 12/06/47 (Call 06/06/47)<sup>(c)</sup> | 200 | 154828 |
| &nbsp;&nbsp;&nbsp;4.50%, 11/28/34 (Call 05/28/34) | 500 | 444325 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Internet (continued)** |  |  |
| Baidu Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.38%, 08/23/31 (Call 05/23/31)<sup>(c)</sup> | $200 | $157798 |
| &nbsp;&nbsp;&nbsp;3.63%, 07/06/27 | 40 | 37040 |
| Booking Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.55%, 03/15/28 (Call 12/15/27) | 165 | 154836 |
| &nbsp;&nbsp;&nbsp;3.60%, 06/01/26 (Call 03/01/26) | 61 | 58985 |
| &nbsp;&nbsp;&nbsp;3.65%, 03/15/25 (Call 12/15/24) | 120 | 117301 |
| &nbsp;&nbsp;&nbsp;4.63%, 04/13/30 (Call 01/13/30) | 133 | 129960 |
| Cogent Communications Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 05/01/26 (Call 02/01/26)<sup>(b)</sup> | 35 | 31828 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 06/15/27 (Call 06/15/24)<sup>(b)</sup> | 25 | 24383 |
| eBay Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.40%, 05/10/26 (Call 04/10/26) | 60 | 53490 |
| &nbsp;&nbsp;&nbsp;1.90%, 03/11/25 (Call 02/11/25) | 128 | 120137 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.60%, 05/10/31 (Call 02/10/31)<sup>(c)</sup> | 40 | 32785 |
| &nbsp;&nbsp;&nbsp;2.70%, 03/11/30 (Call 12/11/29) | 112 | 95453 |
| &nbsp;&nbsp;&nbsp;3.45%, 08/01/24 (Call 05/01/24) | 92 | 89880 |
| &nbsp;&nbsp;&nbsp;3.60%, 06/05/27 (Call 03/05/27) | 67 | 63405 |
| &nbsp;&nbsp;&nbsp;3.65%, 05/10/51 (Call 11/10/50) | 85 | 62241 |
| &nbsp;&nbsp;&nbsp;4.00%, 07/15/42 (Call 01/15/42) | 81 | 64852 |
| Gen Digital Inc., 5.00%, 04/15/25 (Call 12/12/22)<sup>(b)</sup> | 85 | 83498 |
| Go Daddy Operating Co. LLC/GD Finance Co. Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 03/01/29 (Call 03/01/24)<sup>(b)</sup> | 60 | 50813 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 12/01/27 (Call 01/03/23)<sup>(b)</sup> | 50 | 47722 |
| GrubHub Holdings Inc., 5.50%, 07/01/27 (Call 12/12/22)<sup>(b)</sup> | 35 | 26435 |
| Meituan, 2.13%, 10/28/25 (Call 09/28/25)<sup>(d)</sup> | 200 | 176920 |
| NortonLifeLock Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 09/30/27 (Call 09/30/24)<sup>(b)</sup> | 75 | 75320 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.13%, 09/30/30 (Call 09/30/25)<sup>(b)</sup> | 45 | 45361 |
| Prosus NV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.68%, 01/21/30 (Call 10/21/29)<sup>(d)</sup> | 200 | 162854 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.99%, 01/19/52 (Call 07/19/51)<sup>(d)</sup> | 200 | 140070 |
| Rakuten Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, (Call 04/22/26)<sup>(a)(b)(c)(e)</sup> | 55 | 39652 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, (Call 04/22/31)<sup>(a)(b)(c)(e)</sup> | 75 | 49044 |
| &nbsp;&nbsp;&nbsp;10.25%, 11/30/24 (Call 11/28/23) | 25 | 25125 |
| VeriSign Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.70%, 06/15/31 (Call 03/15/31)<sup>(c)</sup> | 55 | 44990 |
| &nbsp;&nbsp;&nbsp;4.75%, 07/15/27 (Call 01/03/23) | 30 | 29290 |
| &nbsp;&nbsp;&nbsp;5.25%, 04/01/25 (Call 01/01/25) | 80 | 80124 |
|  |  | 3260290 |
| **Iron & Steel — 0.2%** |  |  |
| Allegheny Technologies Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.88%, 10/01/29 (Call 10/01/24) | 30 | 25671 |
| &nbsp;&nbsp;&nbsp;5.13%, 10/01/31 (Call 10/01/26) | 30 | 25619 |
| &nbsp;&nbsp;&nbsp;5.88%, 12/01/27 (Call 01/03/23) | 25 | 23349 |
| Cleveland-Cliffs Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 03/01/29 (Call 03/01/24)<sup>(b)</sup> | 30 | 26322 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 03/01/31 (Call 03/01/26)<sup>(b)(c)</sup> | 25 | 21702 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 06/01/27 (Call 01/03/23)<sup>(c)</sup> | 41 | 38791 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 03/15/26 (Call 01/03/23)<sup>(b)</sup> | 75 | 75480 |
| Cliffs Natural Resources Inc., 6.25%, 10/01/40 | 20 | 16462 |
| Commercial Metals Co. |  |  |
| &nbsp;&nbsp;&nbsp;3.88%, 02/15/31 (Call 02/15/26) | 30 | 25043 |
| &nbsp;&nbsp;&nbsp;4.13%, 01/15/30 (Call 01/15/25) | 25 | 21530 |
| &nbsp;&nbsp;&nbsp;4.38%, 03/15/32 (Call 03/15/27) | 20 | 16792 |
| Mineral Resources Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;8.00%, 11/01/27 (Call 11/01/24)<sup>(b)</sup> | 50 | 51173 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.13%, 05/01/27 (Call 01/03/23)<sup>(b)</sup> | 46 | 46654 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.50%, 05/01/30 (Call 05/01/25)<sup>(b)</sup> | 50 | 50644 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Iron & Steel (continued)** |  |  |
| Prosus NV, 3.83%, 02/08/51 (Call 08/08/50) | $200 | $120140 |
| Reliance Steel & Aluminum Co. |  |  |
| &nbsp;&nbsp;&nbsp;1.30%, 08/15/25 (Call 07/15/25) | 115 | 103627 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.15%, 08/15/30 (Call 05/15/30)<sup>(c)</sup> | 70 | 55424 |
| Steel Dynamics Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.65%, 10/15/27 (Call 08/15/27) | 60 | 50392 |
| &nbsp;&nbsp;&nbsp;2.40%, 06/15/25 (Call 05/15/25) | 97 | 91102 |
| &nbsp;&nbsp;&nbsp;2.80%, 12/15/24 (Call 11/15/24) | 45 | 42864 |
| &nbsp;&nbsp;&nbsp;3.25%, 01/15/31 (Call 10/15/30) | 65 | 55612 |
| &nbsp;&nbsp;&nbsp;3.25%, 10/15/50 (Call 04/15/50) | 15 | 9805 |
| &nbsp;&nbsp;&nbsp;3.45%, 04/15/30 (Call 01/15/30) | 90 | 79316 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/15/26 (Call 01/03/23) | 30 | 29634 |
|  |  | 1103148 |
| **Leisure Time — 0.0%** |  |  |
| Brunswick Corp. |  |  |
| &nbsp;&nbsp;&nbsp;0.85%, 08/18/24 (Call 01/03/23) | 85 | 78166 |
| &nbsp;&nbsp;&nbsp;2.40%, 08/18/31 (Call 05/18/31) | 25 | 18304 |
| Harley-Davidson Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 07/28/25 (Call 04/28/25) | 42 | 39971 |
| &nbsp;&nbsp;&nbsp;4.63%, 07/28/45 (Call 01/28/45) | 53 | 40723 |
|  |  | 177164 |
| **Lodging — 0.1%** |  |  |
| Hilton Domestic Operating Co. Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 02/15/32 (Call 08/15/26)<sup>(b)</sup> | 115 | 94662 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 05/01/29 (Call 05/01/24)<sup>(b)</sup> | 60 | 52688 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 05/01/31 (Call 05/01/26)<sup>(b)</sup> | 86 | 72437 |
| &nbsp;&nbsp;&nbsp;4.88%, 01/15/30 (Call 01/15/25) | 70 | 64783 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 05/01/25 (Call 12/12/22)<sup>(b)</sup> | 26 | 25818 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 05/01/28 (Call 05/01/23)<sup>(b)</sup> | 35 | 34295 |
| Hilton Grand Vacations Borrower Escrow LLC/Hilton Grand |  |  |
| Vacations Borrower Esc |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 07/01/31 (Call 07/01/26)<sup>(b)</sup> | 40 | 32981 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 06/01/29 (Call 06/01/24)<sup>(b)</sup> | 70 | 60633 |
| Hilton Worldwide Finance LLC/Hilton Worldwide Finance Corp., 4.88%, 04/01/27 (Call 12/16/22) | 35 | 33647 |
| Marriott Ownership Resorts Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 06/15/29 (Call 06/15/24)<sup>(b)</sup> | 40 | 34047 |
| &nbsp;&nbsp;&nbsp;4.75%, 01/15/28 (Call 01/03/23) | 25 | 22068 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 09/15/25 (Call 01/03/23)<sup>(b)</sup> | 20 | 19857 |
| Studio City Co. Ltd., 7.00%, 02/15/27 (Call 02/15/24)<sup>(b)</sup> | 200 | 185376 |
| Studio City Finance Ltd., 5.00%, 01/15/29 (Call 01/15/24)<sup>(b)</sup> | 25 | 17758 |
| Travel + Leisure Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 12/01/29 (Call 09/01/29)<sup>(b)</sup> | 50 | 40830 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 03/01/30 (Call 12/01/29)<sup>(b)</sup> | 25 | 20440 |
| &nbsp;&nbsp;&nbsp;5.65%, 04/01/24 (Call 02/01/24) | 25 | 24704 |
| &nbsp;&nbsp;&nbsp;6.00%, 04/01/27 (Call 01/01/27) | 30 | 28413 |
| &nbsp;&nbsp;&nbsp;6.60%, 10/01/25 (Call 07/01/25) | 35 | 34393 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.63%, 07/31/26 (Call 04/30/26)<sup>(b)</sup> | 50 | 49071 |
|  |  | 948901 |
| **Machinery — 0.6%** |  |  |
| ABB Finance USA Inc., 4.38%, 05/08/42 | 10 | 8918 |
| ATS Automation Tooling Systems Inc., 4.13%, 12/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 12/15/23)<sup>(b)(c)</sup> | 25 | 21547 |
| Caterpillar Financial Services Corp. |  |  |
| &nbsp;&nbsp;&nbsp;0.45%, 05/17/24 | 30 | 28218 |
| &nbsp;&nbsp;&nbsp;0.80%, 11/13/25 | 5 | 4500 |
| &nbsp;&nbsp;&nbsp;0.90%, 03/02/26 | 75 | 67285 |
| &nbsp;&nbsp;&nbsp;1.10%, 09/14/27 | 199 | 171220 |
| &nbsp;&nbsp;&nbsp;1.15%, 09/14/26 | 5 | 4439 |
| &nbsp;&nbsp;&nbsp;1.45%, 05/15/25 | 90 | 83813 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Machinery (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.70%, 01/08/27<sup>(c)</sup> | $10 | $8990 |
| &nbsp;&nbsp;&nbsp;2.15%, 11/08/24 | 110 | 105033 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.40%, 08/09/26<sup>(c)</sup> | 20 | 18581 |
| &nbsp;&nbsp;&nbsp;2.85%, 05/17/24 | 130 | 126642 |
| &nbsp;&nbsp;&nbsp;3.25%, 12/01/24 | 67 | 65247 |
| &nbsp;&nbsp;&nbsp;3.30%, 06/09/24 | 41 | 40223 |
| Caterpillar Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.90%, 03/12/31 (Call 12/12/30) | 25 | 20644 |
| &nbsp;&nbsp;&nbsp;2.60%, 09/19/29 (Call 06/19/29) | 76 | 67762 |
| &nbsp;&nbsp;&nbsp;2.60%, 04/09/30 (Call 01/09/30) | 49 | 43057 |
| &nbsp;&nbsp;&nbsp;3.25%, 09/19/49 (Call 03/19/49) | 101 | 78389 |
| &nbsp;&nbsp;&nbsp;3.25%, 04/09/50 (Call 10/09/49) | 72 | 55784 |
| &nbsp;&nbsp;&nbsp;3.40%, 05/15/24 (Call 02/15/24) | 75 | 73807 |
| &nbsp;&nbsp;&nbsp;3.80%, 08/15/42 | 30 | 26194 |
| &nbsp;&nbsp;&nbsp;4.30%, 05/15/44 (Call 11/15/43) | 85 | 79200 |
| &nbsp;&nbsp;&nbsp;4.75%, 05/15/64 (Call 11/15/63) | 40 | 38673 |
| &nbsp;&nbsp;&nbsp;5.20%, 05/27/41 | 50 | 51843 |
| &nbsp;&nbsp;&nbsp;6.05%, 08/15/36 | 126 | 139185 |
| CNH Industrial Capital LLC |  |  |
| &nbsp;&nbsp;&nbsp;1.45%, 07/15/26 (Call 06/15/26) | 12 | 10594 |
| &nbsp;&nbsp;&nbsp;1.88%, 01/15/26 (Call 12/15/25) | 65 | 59142 |
| CNH Industrial NV, 3.85%, 11/15/27 (Call 08/15/27) | 109 | 102206 |
| Deere & Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.75%, 04/15/25 (Call 03/15/25) | 132 | 127008 |
| &nbsp;&nbsp;&nbsp;2.88%, 09/07/49 (Call 03/07/49) | 35 | 25640 |
| &nbsp;&nbsp;&nbsp;3.10%, 04/15/30 (Call 01/15/30) | 71 | 64270 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 04/15/50 (Call 10/15/49)<sup>(c)</sup> | 112 | 97628 |
| &nbsp;&nbsp;&nbsp;3.90%, 06/09/42 (Call 12/09/41) | 98 | 89121 |
| &nbsp;&nbsp;&nbsp;5.38%, 10/16/29 | 25 | 26320 |
| &nbsp;&nbsp;&nbsp;7.13%, 03/03/31 | 70 | 81817 |
| Dover Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.95%, 11/04/29 (Call 08/04/29) | 85 | 74860 |
| &nbsp;&nbsp;&nbsp;3.15%, 11/15/25 (Call 08/15/25) | 77 | 73735 |
| &nbsp;&nbsp;&nbsp;5.38%, 10/15/35 | 5 | 4979 |
| &nbsp;&nbsp;&nbsp;5.38%, 03/01/41 (Call 12/01/40) | 57 | 56191 |
| Flowserve Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.80%, 01/15/32 (Call 10/15/31) | 75 | 56846 |
| &nbsp;&nbsp;&nbsp;3.50%, 10/01/30 (Call 07/01/30) | 59 | 49555 |
| IDEX Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.63%, 06/15/31 (Call 03/15/31) | 82 | 68759 |
| &nbsp;&nbsp;&nbsp;3.00%, 05/01/30 (Call 02/01/30) | 79 | 68863 |
| John Deere Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;0.45%, 01/17/24 | 17 | 16237 |
| &nbsp;&nbsp;&nbsp;0.45%, 06/07/24 | 45 | 42265 |
| &nbsp;&nbsp;&nbsp;0.63%, 09/10/24 | 10 | 9330 |
| &nbsp;&nbsp;&nbsp;0.70%, 01/15/26 | 17 | 15177 |
| &nbsp;&nbsp;&nbsp;1.05%, 06/17/26 | 47 | 41889 |
| &nbsp;&nbsp;&nbsp;1.30%, 10/13/26 | 10 | 8892 |
| &nbsp;&nbsp;&nbsp;1.45%, 01/15/31 | 17 | 13414 |
| &nbsp;&nbsp;&nbsp;1.50%, 03/06/28 | 12 | 10347 |
| &nbsp;&nbsp;&nbsp;1.75%, 03/09/27 | 75 | 67153 |
| &nbsp;&nbsp;&nbsp;2.00%, 06/17/31 | 12 | 9817 |
| &nbsp;&nbsp;&nbsp;2.05%, 01/09/25 | 95 | 90420 |
| &nbsp;&nbsp;&nbsp;2.25%, 09/14/26 | 150 | 139476 |
| &nbsp;&nbsp;&nbsp;2.45%, 01/09/30 | 61 | 53083 |
| &nbsp;&nbsp;&nbsp;2.60%, 03/07/24 | 47 | 45851 |
| &nbsp;&nbsp;&nbsp;2.65%, 06/24/24 | 54 | 52544 |
| &nbsp;&nbsp;&nbsp;2.65%, 06/10/26 | 37 | 34866 |
| &nbsp;&nbsp;&nbsp;2.80%, 09/08/27 | 85 | 78737 |
| &nbsp;&nbsp;&nbsp;2.80%, 07/18/29 | 102 | 91717 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Machinery (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.05%, 01/06/28 | $18 | $16931 |
| &nbsp;&nbsp;&nbsp;3.35%, 06/12/24 | 45 | 44136 |
| &nbsp;&nbsp;&nbsp;3.40%, 09/11/25 | 53 | 51636 |
| &nbsp;&nbsp;&nbsp;3.45%, 01/10/24 | 12 | 11852 |
| &nbsp;&nbsp;&nbsp;3.45%, 03/13/25 | 96 | 93859 |
| &nbsp;&nbsp;&nbsp;3.45%, 03/07/29 | 22 | 20675 |
| &nbsp;&nbsp;&nbsp;4.15%, 09/15/27 | 40 | 39346 |
| Manitowoc Co. Inc. (The), 9.00%, 04/01/26 (Call 12/16/22)<sup>(b)</sup> | 16 | 14786 |
| Mueller Water Products Inc., 4.00%, 06/15/29 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 06/15/24)<sup>(b)</sup> | 36 | 31324 |
| nVent Finance Sarl, 2.75%, 11/15/31 (Call 08/15/31) | 55 | 42397 |
| Otis Worldwide Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.06%, 04/05/25 (Call 03/05/25) | 166 | 155597 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.29%, 04/05/27 (Call 02/05/27)<sup>(c)</sup> | 70 | 63363 |
| &nbsp;&nbsp;&nbsp;2.57%, 02/15/30 (Call 11/15/29) | 105 | 89520 |
| &nbsp;&nbsp;&nbsp;3.11%, 02/15/40 (Call 08/15/39) | 65 | 49042 |
| &nbsp;&nbsp;&nbsp;3.36%, 02/15/50 (Call 08/15/49) | 95 | 68105 |
| Rockwell Automation Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.80%, 08/15/61 (Call 02/15/61) | 25 | 15260 |
| &nbsp;&nbsp;&nbsp;3.50%, 03/01/29 (Call 12/01/28) | 110 | 103456 |
| &nbsp;&nbsp;&nbsp;4.20%, 03/01/49 (Call 09/01/48) | 105 | 90612 |
| SPX FLOW Inc., 8.75%, 04/01/30 (Call 04/01/25)<sup>(b)(c)</sup> | 40 | 33102 |
| Stevens Holding Co. Inc., 6.13%, 10/01/26 (Call 10/01/23)<sup>(b)</sup> | 45 | 45196 |
| Terex Corp., 5.00%, 05/15/29 (Call 05/15/24)<sup>(b)</sup> | 45 | 40847 |
| Vertiv Group Corp., 4.13%, 11/15/28 (Call 11/15/24)<sup>(b)(c)</sup> | 75 | 64759 |
| Weir Group PLC (The), 2.20%, 05/13/26 (Call 04/13/26)<sup>(b)</sup> | 65 | 57441 |
| Xylem Inc./NY |  |  |
| &nbsp;&nbsp;&nbsp;1.95%, 01/30/28 (Call 11/30/27) | 120 | 104224 |
| &nbsp;&nbsp;&nbsp;2.25%, 01/30/31 (Call 10/30/30) | 77 | 63269 |
| &nbsp;&nbsp;&nbsp;3.25%, 11/01/26 (Call 08/01/26) | 60 | 56590 |
| &nbsp;&nbsp;&nbsp;4.38%, 11/01/46 (Call 05/01/46) | 47 | 40246 |
|  |  | 4895514 |
| **Manufacturing — 0.4%** |  |  |
| Carlisle Companies Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.75%, 03/01/30 (Call 12/01/29) | 102 | 85504 |
| &nbsp;&nbsp;&nbsp;3.50%, 12/01/24 (Call 10/01/24) | 55 | 53308 |
| &nbsp;&nbsp;&nbsp;3.75%, 12/01/27 (Call 09/01/27) | 49 | 45938 |
| Eaton Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.10%, 09/15/27 (Call 06/15/27) | 115 | 107788 |
| &nbsp;&nbsp;&nbsp;3.92%, 09/15/47 (Call 03/15/47) | 10 | 8269 |
| &nbsp;&nbsp;&nbsp;4.00%, 11/02/32 | 20 | 18590 |
| &nbsp;&nbsp;&nbsp;4.15%, 11/02/42 | 121 | 105920 |
| &nbsp;&nbsp;&nbsp;4.70%, 08/23/52 (Call 02/23/52) | 100 | 93234 |
| EnPro Industries Inc., 5.75%, 10/15/26 (Call 01/03/23) | 25 | 24275 |
| Gates Global LLC/Gates Corp., 6.25%, 01/15/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 01/03/23)<sup>(b)</sup> | 40 | 38574 |
| Hillenbrand Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.75%, 03/01/31 (Call 03/01/26) | 35 | 28803 |
| &nbsp;&nbsp;&nbsp;5.00%, 09/15/26 (Call 07/15/26) | 31 | 29814 |
| &nbsp;&nbsp;&nbsp;5.75%, 06/15/25 (Call 01/03/23) | 40 | 40194 |
| Illinois Tool Works Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.65%, 11/15/26 (Call 08/15/26) | 180 | 170172 |
| &nbsp;&nbsp;&nbsp;3.50%, 03/01/24 (Call 12/01/23) | 15 | 14818 |
| &nbsp;&nbsp;&nbsp;3.90%, 09/01/42 (Call 03/01/42) | 38 | 33158 |
| &nbsp;&nbsp;&nbsp;4.88%, 09/15/41 (Call 03/15/41) | 47 | 46484 |
| Parker-Hannifin Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.70%, 06/14/24 (Call 05/14/24) | 210 | 201856 |
| &nbsp;&nbsp;&nbsp;3.25%, 03/01/27 (Call 12/01/26) | 5 | 4696 |
| &nbsp;&nbsp;&nbsp;3.25%, 06/14/29 (Call 03/14/29) | 106 | 95775 |
| &nbsp;&nbsp;&nbsp;3.30%, 11/21/24 (Call 08/21/24) | 45 | 43546 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Manufacturing (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 06/14/49 (Call 12/14/48) | $103 | $83137 |
| &nbsp;&nbsp;&nbsp;4.10%, 03/01/47 (Call 09/01/46) | 45 | 36842 |
| &nbsp;&nbsp;&nbsp;4.20%, 11/21/34 (Call 05/21/34) | 86 | 79044 |
| &nbsp;&nbsp;&nbsp;4.45%, 11/21/44 (Call 05/21/44) | 32 | 28034 |
| &nbsp;&nbsp;&nbsp;6.25%, 05/15/38 | 40 | 42041 |
| Pentair Finance Sarl, 4.50%, 07/01/29 (Call 04/01/29) | 40 | 36690 |
| Siemens Financieringsmaatschappij NV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.70%, 03/11/28<sup>(b)</sup> | 250 | 214810 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.15%, 03/11/31<sup>(b)</sup> | 250 | 206060 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 08/17/26<sup>(b)</sup> | 400 | 417012 |
| Teledyne Technologies Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.95%, 04/01/24 (Call 01/03/23) | 150 | 141479 |
| &nbsp;&nbsp;&nbsp;1.60%, 04/01/26 (Call 03/01/26) | 80 | 71479 |
| &nbsp;&nbsp;&nbsp;2.25%, 04/01/28 (Call 02/01/28) | 135 | 116780 |
| Trane Technologies Global Holding Co. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;3.75%, 08/21/28 (Call 05/21/28) | 32 | 30498 |
| &nbsp;&nbsp;&nbsp;4.30%, 02/21/48 (Call 08/21/47) | 17 | 13400 |
| &nbsp;&nbsp;&nbsp;5.75%, 06/15/43 | 50 | 50355 |
| Trane Technologies Luxembourg Finance SA |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 03/21/26 (Call 01/21/26) | 65 | 61571 |
| &nbsp;&nbsp;&nbsp;3.55%, 11/01/24 (Call 08/01/24) | 60 | 58529 |
| &nbsp;&nbsp;&nbsp;3.80%, 03/21/29 (Call 12/21/28) | 83 | 76967 |
| &nbsp;&nbsp;&nbsp;4.50%, 03/21/49 (Call 09/21/48) | 29 | 24111 |
| &nbsp;&nbsp;&nbsp;4.65%, 11/01/44 (Call 05/01/44) | 45 | 38916 |
| Trinity Industries Inc., 4.55%, 10/01/24 (Call 07/01/24) | 31 | 29828 |
|  |  | 3148299 |
| **Media — 1.1%** |  |  |
| Belo Corp. |  |  |
| &nbsp;&nbsp;&nbsp;7.25%, 09/15/27 | 20 | 19379 |
| &nbsp;&nbsp;&nbsp;7.75%, 06/01/27 | 20 | 19472 |
| Cable One Inc., 4.00%, 11/15/30 (Call 11/15/25)<sup>(b)</sup> | 50 | 40279 |
| Comcast Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.50%, 02/15/31 (Call 11/15/30) | 915 | 721130 |
| &nbsp;&nbsp;&nbsp;1.95%, 01/15/31 (Call 10/15/30) | 200 | 163140 |
| &nbsp;&nbsp;&nbsp;2.45%, 08/15/52 (Call 02/15/52) | 100 | 61141 |
| &nbsp;&nbsp;&nbsp;2.65%, 02/01/30 (Call 11/01/29) | 205 | 179033 |
| &nbsp;&nbsp;&nbsp;2.65%, 08/15/62 (Call 02/15/62) | 100 | 59364 |
| &nbsp;&nbsp;&nbsp;2.80%, 01/15/51 (Call 07/15/50) | 200 | 131438 |
| &nbsp;&nbsp;&nbsp;2.89%, 11/01/51 (Call 05/01/51) | 460 | 306940 |
| &nbsp;&nbsp;&nbsp;2.94%, 11/01/56 (Call 05/01/56) | 505 | 325058 |
| &nbsp;&nbsp;&nbsp;2.99%, 11/01/63 (Call 05/01/63) | 460 | 291037 |
| &nbsp;&nbsp;&nbsp;3.15%, 02/15/28 (Call 11/15/27) | 5 | 4655 |
| &nbsp;&nbsp;&nbsp;3.30%, 02/01/27 (Call 11/01/26) | 205 | 194992 |
| &nbsp;&nbsp;&nbsp;3.40%, 04/01/30 (Call 01/01/30) | 205 | 188090 |
| &nbsp;&nbsp;&nbsp;3.45%, 02/01/50 (Call 08/01/49) | 100 | 74976 |
| &nbsp;&nbsp;&nbsp;3.75%, 04/01/40 (Call 10/01/39) | 200 | 167706 |
| &nbsp;&nbsp;&nbsp;3.90%, 03/01/38 (Call 09/01/37) | 165 | 144885 |
| &nbsp;&nbsp;&nbsp;3.95%, 10/15/25 (Call 08/15/25) | 205 | 201716 |
| &nbsp;&nbsp;&nbsp;3.97%, 11/01/47 (Call 05/01/47) | 80 | 65155 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/01/48 (Call 09/01/47) | 100 | 82323 |
| &nbsp;&nbsp;&nbsp;4.00%, 11/01/49 (Call 05/01/49) | 210 | 171034 |
| &nbsp;&nbsp;&nbsp;4.15%, 10/15/28 (Call 07/15/28) | 500 | 485090 |
| &nbsp;&nbsp;&nbsp;4.25%, 10/15/30 (Call 07/15/30) | 250 | 241227 |
| &nbsp;&nbsp;&nbsp;4.25%, 01/15/33 | 205 | 194797 |
| &nbsp;&nbsp;&nbsp;4.70%, 10/15/48 (Call 04/15/48) | 200 | 183210 |
| &nbsp;&nbsp;&nbsp;4.95%, 10/15/58 (Call 04/15/58) | 50 | 46747 |
| Discovery Communications LLC |  |  |
| &nbsp;&nbsp;&nbsp;3.45%, 03/15/25 (Call 12/15/24) | 40 | 38018 |
| &nbsp;&nbsp;&nbsp;3.63%, 05/15/30 (Call 02/15/30) | 99 | 83788 |
| &nbsp;&nbsp;&nbsp;3.80%, 03/13/24 (Call 01/13/24) | 22 | 21510 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Media (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.95%, 06/15/25 (Call 03/15/25) | $25 | $23910 |
| &nbsp;&nbsp;&nbsp;3.95%, 03/20/28 (Call 12/20/27) | 172 | 154590 |
| &nbsp;&nbsp;&nbsp;4.00%, 09/15/55 (Call 03/15/55) | 71 | 45404 |
| &nbsp;&nbsp;&nbsp;4.13%, 05/15/29 (Call 02/15/29) | 90 | 79278 |
| &nbsp;&nbsp;&nbsp;4.65%, 05/15/50 (Call 11/15/49) | 72 | 52081 |
| &nbsp;&nbsp;&nbsp;4.88%, 04/01/43 | 59 | 45621 |
| &nbsp;&nbsp;&nbsp;4.90%, 03/11/26 (Call 12/11/25) | 55 | 53509 |
| &nbsp;&nbsp;&nbsp;5.00%, 09/20/37 (Call 03/20/37) | 57 | 47184 |
| &nbsp;&nbsp;&nbsp;5.20%, 09/20/47 (Call 03/20/47) | 132 | 102646 |
| &nbsp;&nbsp;&nbsp;5.30%, 05/15/49 (Call 11/15/48) | 93 | 73081 |
| &nbsp;&nbsp;&nbsp;6.35%, 06/01/40 | 44 | 40853 |
| Fox Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.71%, 01/25/29 (Call 10/25/28) | 200 | 192836 |
| &nbsp;&nbsp;&nbsp;5.48%, 01/25/39 (Call 07/25/38) | 5 | 4610 |
| &nbsp;&nbsp;&nbsp;5.58%, 01/25/49 (Call 07/25/48) | 150 | 134844 |
| Gannett Holdings LLC, 6.00%, 11/01/26 (Call 11/01/23)<sup>(b)(c)</sup> | 25 | 20150 |
| Gray Escrow II Inc., 5.38%, 11/15/31 (Call 11/15/26)<sup>(b)(c)</sup> | 98 | 74755 |
| Gray Television Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 10/15/30 (Call 10/15/25)<sup>(b)</sup> | 60 | 44419 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 07/15/26 (Call 01/03/23)<sup>(b)</sup> | 65 | 59909 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 05/15/27 (Call 12/12/22)<sup>(b)(c)</sup> | 55 | 50571 |
| Grupo Televisa SAB |  |  |
| &nbsp;&nbsp;&nbsp;6.13%, 01/31/46 (Call 07/31/45) | 200 | 198342 |
| &nbsp;&nbsp;&nbsp;6.63%, 01/15/40 | 90 | 90481 |
| iHeartCommunications Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 01/15/28 (Call 01/15/23)<sup>(b)(c)</sup> | 40 | 34468 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 08/15/27 (Call 12/16/22)<sup>(b)</sup> | 60 | 53472 |
| &nbsp;&nbsp;&nbsp;6.38%, 05/01/26 (Call 12/16/22) | 60 | 56951 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.38%, 05/01/27 (Call 12/16/22)<sup>(c)</sup> | 100 | 88865 |
| Nexstar Media Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 11/01/28 (Call 11/01/23)<sup>(b)</sup> | 75 | 66732 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 07/15/27 (Call 12/12/22)<sup>(b)</sup> | 125 | 118451 |
| Scripps Escrow II Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 01/15/29 (Call 01/15/24)<sup>(b)</sup> | 40 | 33663 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 01/15/31 (Call 01/15/26)<sup>(b)(c)</sup> | 35 | 28576 |
| Scripps Escrow Inc., 5.88%, 07/15/27 (Call 01/03/23)<sup>(b)</sup> | 35 | 31437 |
| Sirius XM Radio Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 09/01/26 (Call 09/01/23)<sup>(b)</sup> | 65 | 58795 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 09/01/31 (Call 09/01/26)<sup>(b)</sup> | 110 | 89895 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 07/15/28 (Call 07/15/24)<sup>(b)</sup> | 170 | 150231 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 07/01/30 (Call 07/01/25)<sup>(b)</sup> | 110 | 92820 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 08/01/27 (Call 01/03/23)<sup>(b)</sup> | 125 | 116817 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 07/01/29 (Call 07/01/24)<sup>(b)</sup> | 95 | 88564 |
| Sky Group Finance Ltd., 6.50%, 10/15/35<sup>(b)</sup> | 20 | 21912 |
| Sky Ltd., 3.75%, 09/16/24<sup>(b)</sup> | 10 | 9787 |
| TEGNA Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.63%, 03/15/28 (Call 03/15/23) | 80 | 75406 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 03/15/26 (Call 03/15/23)<sup>(b)</sup> | 51 | 49980 |
| &nbsp;&nbsp;&nbsp;5.00%, 09/15/29 (Call 09/15/24) | 85 | 79763 |
| Thomson Reuters Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.35%, 05/15/26 (Call 02/15/26) | 71 | 67539 |
| &nbsp;&nbsp;&nbsp;5.50%, 08/15/35 | 47 | 45303 |
| &nbsp;&nbsp;&nbsp;5.65%, 11/23/43 (Call 05/23/43) | 39 | 36748 |
| &nbsp;&nbsp;&nbsp;5.85%, 04/15/40 | 22 | 21582 |
| Univision Communications Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 05/01/29 (Call 05/01/24)<sup>(b)(c)</sup> | 90 | 77049 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 02/15/25 (Call 12/12/22)<sup>(b)</sup> | 120 | 116460 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.63%, 06/01/27 (Call 06/01/23)<sup>(b)</sup> | 130 | 127448 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.38%, 06/30/30 (Call 06/30/25)<sup>(b)</sup> | 60 | 59874 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Media (continued)** |  |  |
| Videotron Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 06/15/29 (Call 06/15/24)<sup>(b)(c)</sup> | $39 | $33185 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 04/15/27 (Call 01/03/23)<sup>(b)</sup> | 65 | 62046 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 06/15/24 (Call 03/15/24)<sup>(b)</sup> | 40 | 39813 |
| VZ Secured Financing BV, 5.00%, 01/15/32 (Call 01/15/27)<sup>(b)</sup> | 150 | 124045 |
| Ziggo Bond Co. BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 02/28/30 (Call 02/15/25)<sup>(b)</sup> | 30 | 24342 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 01/15/27 (Call 01/02/23)<sup>(b)(c)</sup> | 25 | 22957 |
| Ziggo BV, 4.88%, 01/15/30 (Call 10/15/24)<sup>(b)</sup> | 70 | 59491 |
|  |  | 8760871 |
| **Metal Fabricate & Hardware — 0.0%** |  |  |
| Advanced Drainage Systems Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 09/30/27 (Call 12/16/22)<sup>(b)</sup> | 25 | 23297 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.38%, 06/15/30 (Call 07/15/25)<sup>(b)</sup> | 25 | 24135 |
| Timken Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;3.88%, 09/01/24 (Call 06/01/24) | 23 | 22471 |
| &nbsp;&nbsp;&nbsp;4.50%, 12/15/28 (Call 09/15/28) | 30 | 28591 |
| Valmont Industries Inc., 5.00%, 10/01/44 (Call 04/01/44) | 42 | 36867 |
|  |  | 135361 |
| **Mining — 0.3%** |  |  |
| Anglo American Capital PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 04/10/27<sup>(b)</sup> | 200 | 192866 |
| &nbsp;&nbsp;&nbsp;4.75%, 03/16/52 (Call 09/16/51) | 200 | 166668 |
| Century Aluminum Co., 7.50%, 04/01/28 (Call 04/01/24)<sup>(b)(c)</sup> | 25 | 21637 |
| Coeur Mining Inc., 5.13%, 02/15/29 (Call 02/15/24)<sup>(b)</sup> | 30 | 23340 |
| Compass Minerals International Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 07/15/24 (Call 05/15/24)<sup>(b)</sup> | 40 | 38017 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 12/01/27 (Call 12/12/22)<sup>(b)</sup> | 45 | 42422 |
| Constellium SE |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 04/15/29 (Call 04/15/24)<sup>(b)(c)</sup> | 50 | 41012 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 06/15/28 (Call 06/15/23)<sup>(b)(c)</sup> | 25 | 22934 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 02/15/26 (Call 01/02/23)<sup>(b)</sup> | 25 | 23865 |
| First Quantum Minerals Ltd., 6.88%, 03/01/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 12/12/22)<sup>(d)</sup> | 200 | 192872 |
| FMG Resources August 2006 Pty Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 04/01/31 (Call 01/01/31)<sup>(b)</sup> | 115 | 96879 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 09/15/27 (Call 06/15/27)<sup>(b)</sup> | 55 | 50612 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 05/15/24 (Call 02/15/24)<sup>(b)</sup> | 55 | 54509 |
| FMG Resources August Pty. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 04/15/30 (Call 01/15/30)<sup>(b)</sup> | 55 | 51581 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 04/15/32 (Call 01/15/32)<sup>(b)</sup> | 60 | 55046 |
| Industrias Penoles SAB de CV, 4.15%, 09/12/29 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 06/12/29)<sup>(d)</sup> | 200 | 183114 |
| Kaiser Aluminum Corp., 4.50%, 06/01/31 (Call 06/01/26)<sup>(b)</sup> | 60 | 50631 |
| Kinross Gold Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 07/15/27 (Call 04/15/27) | 155 | 147780 |
| &nbsp;&nbsp;&nbsp;5.95%, 03/15/24 (Call 12/15/23) | 45 | 45191 |
| New Gold Inc., 7.50%, 07/15/27 (Call 07/15/23)<sup>(b)</sup> | 30 | 26915 |
| Newcrest Finance Pty Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 05/13/30 (Call 02/13/30)<sup>(b)</sup> | 85 | 71898 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.20%, 05/13/50 (Call 11/13/49)<sup>(b)</sup> | 15 | 10963 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 11/15/41<sup>(b)</sup> | 52 | 47030 |
| Newmont Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.25%, 10/01/30 (Call 07/01/30) | 105 | 85050 |
| &nbsp;&nbsp;&nbsp;2.60%, 07/15/32 (Call 04/15/32) | 80 | 64268 |
| &nbsp;&nbsp;&nbsp;2.80%, 10/01/29 (Call 07/01/29) | 80 | 68850 |
| &nbsp;&nbsp;&nbsp;4.88%, 03/15/42 (Call 09/15/41) | 60 | 55066 |
| &nbsp;&nbsp;&nbsp;5.45%, 06/09/44 (Call 12/09/43) | 67 | 64014 |
| &nbsp;&nbsp;&nbsp;5.88%, 04/01/35 | 67 | 68850 |
| &nbsp;&nbsp;&nbsp;6.25%, 10/01/39 | 38 | 40086 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Mining (continued)** |  |  |
| Perenti Finance Pty Ltd., 6.50%, 10/07/25 (Call 01/03/23)<sup>(b)</sup>. | $50 | $47700 |
| Taseko Mines Ltd., 7.00%, 02/15/26 (Call 02/15/23)<sup>(b)</sup> | 25 | 21276 |
| Yamana Gold Inc., 2.63%, 08/15/31 (Call 05/15/31) | 35 | 26621 |
|  |  | 2199563 |
| **Multi-National — 0.0%** |  |  |
| Nordic Investment Bank, 0.38%, 09/20/24 | 150 | 139489 |
| **Office & Business Equipment — 0.1%** |  |  |
| CDW LLC/CDW Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.67%, 12/01/26 (Call 11/01/26) | 39 | 34689 |
| &nbsp;&nbsp;&nbsp;3.25%, 02/15/29 (Call 08/15/23) | 115 | 96646 |
| &nbsp;&nbsp;&nbsp;3.28%, 12/01/28 (Call 10/01/28) | 60 | 50491 |
| &nbsp;&nbsp;&nbsp;3.57%, 12/01/31 (Call 09/01/31) | 10 | 8252 |
| &nbsp;&nbsp;&nbsp;4.13%, 05/01/25 (Call 01/03/23) | 25 | 24002 |
| &nbsp;&nbsp;&nbsp;4.25%, 04/01/28 (Call 01/03/23) | 80 | 72247 |
| &nbsp;&nbsp;&nbsp;5.50%, 12/01/24 (Call 06/01/24) | 80 | 79789 |
| Pitney Bowes Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 03/15/24 (Call 12/15/23)<sup>(c)</sup> | 15 | 14270 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 03/15/27 (Call 03/15/24)<sup>(b)</sup> | 25 | 19371 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.25%, 03/15/29 (Call 03/15/24)<sup>(b)</sup> | 30 | 21427 |
| Xerox Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.80%, 05/15/24 | 25 | 23945 |
| &nbsp;&nbsp;&nbsp;4.80%, 03/01/35 | 20 | 13207 |
| &nbsp;&nbsp;&nbsp;6.75%, 12/15/39 | 30 | 23268 |
| Xerox Holdings Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 08/15/25 (Call 07/15/25)<sup>(b)</sup> | 60 | 55823 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 08/15/28 (Call 07/15/28)<sup>(b)</sup> | 55 | 44316 |
|  |  | 581743 |
| **Office Furnishings — 0.0%** |  |  |
| Steelcase Inc., 5.13%, 01/18/29 (Call 10/18/28) | 37 | 32440 |
| **Oil & Gas — 0.1%** |  |  |
| Qatar Energy, 2.25%, 07/12/31 (Call 04/12/31)<sup>(d)</sup> | 200 | 167282 |
| Qatar Petroleum |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 07/12/41 (Call 01/12/41)<sup>(d)</sup> | 200 | 152206 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.30%, 07/12/51 (Call 01/12/51)<sup>(d)</sup> | 200 | 145912 |
|  |  | 465400 |
| **Packaging & Containers — 0.3%** |  |  |
| AptarGroup Inc., 3.60%, 03/15/32 (Call 12/15/31) | 10 | 8405 |
| Ball Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.88%, 08/15/30 (Call 05/15/30) | 105 | 85297 |
| &nbsp;&nbsp;&nbsp;3.13%, 09/15/31 (Call 06/15/31) | 65 | 51746 |
| &nbsp;&nbsp;&nbsp;4.88%, 03/15/26 (Call 12/15/25) | 50 | 48511 |
| &nbsp;&nbsp;&nbsp;5.25%, 07/01/25 | 80 | 79754 |
| &nbsp;&nbsp;&nbsp;6.88%, 03/15/28 | 60 | 62066 |
| Berry Global Inc., 5.63%, 07/15/27 (Call 01/03/23)<sup>(b)</sup> | 30 | 29349 |
| Brambles USA Inc., 4.13%, 10/23/25 (Call 07/25/25)<sup>(b)</sup> | 70 | 67306 |
| Cascades Inc./Cascades USA Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 01/15/26 (Call 01/15/23)<sup>(b)</sup> | 20 | 18118 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 01/15/28 (Call 01/15/23)<sup>(b)</sup> | 37 | 32968 |
| Graphic Packaging International LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.82%, 04/15/24 (Call 03/15/24)<sup>(b)</sup> | 110 | 102850 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.51%, 04/15/26 (Call 03/15/26)<sup>(b)</sup> | 140 | 122410 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 03/15/28<sup>(b)</sup> | 35 | 30713 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 03/01/29 (Call 09/01/28)<sup>(b)</sup> | 25 | 21289 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 02/01/30 (Call 08/01/29)<sup>(b)</sup> | 30 | 25699 |
| &nbsp;&nbsp;&nbsp;4.13%, 08/15/24 (Call 05/15/24) | 20 | 19559 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 07/15/27 (Call 04/15/27)<sup>(b)</sup> | 25 | 23321 |
| Matthews International Corp., 5.25%, 12/01/25 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 01/03/23)<sup>(b)</sup> | 21 | 19571 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Packaging & Containers (continued)** |  |  |
| OI European Group BV, 4.75%, 02/15/30 (Call 11/15/24)<sup>(b)</sup>. | $50 | $43156 |
| Owens-Brockway Glass Container Inc., 6.63%, 05/13/27 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 05/15/23)<sup>(b)</sup> | 50 | 48265 |
| Sealed Air Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.57%, 10/15/26 (Call 09/15/26)<sup>(b)</sup> | 120 | 103484 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 12/01/27 (Call 09/01/27)<sup>(b)</sup> | 35 | 31469 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 12/01/24 (Call 09/01/24)<sup>(b)</sup> | 30 | 29942 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 09/15/25 (Call 06/15/25)<sup>(b)(c)</sup> | 25 | 24930 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 07/15/33<sup>(b)</sup> | 45 | 44291 |
| Sonoco Products Co. |  |  |
| &nbsp;&nbsp;&nbsp;1.80%, 02/01/25 (Call 02/01/23) | 170 | 157258 |
| &nbsp;&nbsp;&nbsp;2.25%, 02/01/27 (Call 01/01/27) | 185 | 166050 |
| &nbsp;&nbsp;&nbsp;3.13%, 05/01/30 (Call 02/01/30) | 70 | 60651 |
| TriMas Corp., 4.13%, 04/15/29 (Call 04/15/24)<sup>(b)</sup> | 25 | 21511 |
| Trivium Packaging Finance BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 08/15/26 (Call 01/02/23)<sup>(b)</sup> | 100 | 93878 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.50%, 08/15/27 (Call 08/15/23)<sup>(b)(c)</sup> | 55 | 51755 |
| WRKCo Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 09/15/24 (Call 07/15/24) | 20 | 19137 |
| &nbsp;&nbsp;&nbsp;3.00%, 06/15/33 (Call 03/15/33) | 50 | 40149 |
| &nbsp;&nbsp;&nbsp;3.38%, 09/15/27 (Call 06/15/27) | 10 | 9184 |
| &nbsp;&nbsp;&nbsp;3.75%, 03/15/25 (Call 01/15/25) | 30 | 29097 |
| &nbsp;&nbsp;&nbsp;3.90%, 06/01/28 (Call 03/01/28) | 20 | 18483 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/15/28 (Call 12/15/27) | 40 | 37391 |
| &nbsp;&nbsp;&nbsp;4.20%, 06/01/32 (Call 03/01/32) | 20 | 18099 |
| &nbsp;&nbsp;&nbsp;4.65%, 03/15/26 (Call 01/15/26) | 170 | 167521 |
| &nbsp;&nbsp;&nbsp;4.90%, 03/15/29 (Call 12/15/28) | 35 | 33873 |
|  |  | 2098506 |
| **Pharmaceuticals — 0.3%** |  |  |
| 180 Medical Inc., 3.88%, 10/15/29 (Call 10/07/24)<sup>(b)</sup> | 35 | 29923 |
| AdaptHealth LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 08/01/29 (Call 02/01/24)<sup>(b)</sup> | 40 | 33644 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 03/01/30 (Call 03/01/25)<sup>(b)</sup> | 45 | 38520 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 08/01/28 (Call 08/01/23)<sup>(b)</sup> | 35 | 32307 |
| Elanco Animal Health Inc., 6.40%, 08/28/28 (Call 05/28/28) | 60 | 55435 |
| Eli Lilly & Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.25%, 05/15/50 (Call 11/15/49) | 40 | 26129 |
| &nbsp;&nbsp;&nbsp;2.75%, 06/01/25 (Call 03/01/25) | 120 | 115106 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 03/15/29 (Call 12/15/28)<sup>(c)</sup> | 76 | 72202 |
| &nbsp;&nbsp;&nbsp;3.95%, 05/15/47 (Call 11/15/46) | 70 | 63006 |
| &nbsp;&nbsp;&nbsp;3.95%, 03/15/49 (Call 09/15/48) | 35 | 31654 |
| &nbsp;&nbsp;&nbsp;4.15%, 03/15/59 (Call 09/15/58) | 50 | 44712 |
| Embecta Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 02/15/30 (Call 02/15/27)<sup>(b)(c)</sup> | 40 | 34175 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 02/15/30 (Call 02/15/27)<sup>(b)</sup> | 15 | 13709 |
| EMD Finance LLC, 3.25%, 03/19/25 (Call 12/19/24)<sup>(b)</sup> | 165 | 158720 |
| Horizon Therapeutics USA Inc., 5.50%, 08/01/27 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 01/03/23)<sup>(b)</sup> | 45 | 44666 |
| Jazz Securities DAC, 4.38%, 01/15/29 (Call 07/15/24)<sup>(b)</sup> | 100 | 89943 |
| Novartis Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.00%, 02/14/27 (Call 12/14/26) | 200 | 183258 |
| &nbsp;&nbsp;&nbsp;2.20%, 08/14/30 (Call 05/14/30) | 200 | 172144 |
| &nbsp;&nbsp;&nbsp;3.00%, 11/20/25 (Call 08/20/25) | 25 | 24138 |
| &nbsp;&nbsp;&nbsp;3.40%, 05/06/24 | 15 | 14767 |
| &nbsp;&nbsp;&nbsp;4.00%, 11/20/45 (Call 05/20/45) | 270 | 243729 |
| &nbsp;&nbsp;&nbsp;4.40%, 05/06/44 | 35 | 33298 |
| Option Care Health Inc., 4.38%, 10/31/29 (Call 10/31/24)<sup>(b)</sup> | 40 | 34103 |
| Organon & Co./Organon Foreign Debt Co.-Issuer BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 04/30/28 (Call 04/30/24)<sup>(b)</sup> | 165 | 148479 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 04/30/31 (Call 04/30/26)<sup>(b)</sup> | 150 | 133088 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Pharmaceuticals (continued)** |  |  |
| Owens & Minor Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.38%, 12/15/24 (Call 09/15/24) | $25 | $24065 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 03/31/29 (Call 03/31/24)<sup>(b)(c)</sup> | 40 | 32738 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.63%, 04/01/30 (Call 04/01/25)<sup>(b)</sup> | 50 | 44398 |
| Perrigo Finance Unlimited Co. |  |  |
| &nbsp;&nbsp;&nbsp;3.90%, 12/15/24 (Call 09/15/24) | 75 | 71235 |
| &nbsp;&nbsp;&nbsp;4.38%, 03/15/26 (Call 12/15/25) | 50 | 46501 |
| &nbsp;&nbsp;&nbsp;4.40%, 06/15/30 (Call 03/15/30) | 60 | 51277 |
| &nbsp;&nbsp;&nbsp;4.90%, 12/15/44 (Call 06/15/44) | 10 | 6733 |
| Zoetis Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.00%, 05/15/30 (Call 02/15/30) | 55 | 45156 |
| &nbsp;&nbsp;&nbsp;3.00%, 09/12/27 (Call 06/12/27) | 15 | 13876 |
| &nbsp;&nbsp;&nbsp;3.00%, 05/15/50 (Call 11/15/49) | 50 | 34877 |
| &nbsp;&nbsp;&nbsp;3.90%, 08/20/28 (Call 05/20/28) | 30 | 28634 |
| &nbsp;&nbsp;&nbsp;3.95%, 09/12/47 (Call 03/12/47) | 52 | 42813 |
| &nbsp;&nbsp;&nbsp;4.45%, 08/20/48 (Call 02/20/48) | 50 | 44004 |
| &nbsp;&nbsp;&nbsp;4.50%, 11/13/25 (Call 08/13/25) | 85 | 84520 |
| &nbsp;&nbsp;&nbsp;4.70%, 02/01/43 (Call 08/01/42) | 119 | 110777 |
|  |  | 2552459 |
| **Private Equity — 0.0%** |  |  |
| Carlyle Finance LLC, 5.65%, 09/15/48 (Call 03/15/48)<sup>(b)</sup> | 65 | 59352 |
| Carlyle Finance Subsidiary LLC, 3.50%, 09/19/29 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 06/19/29)<sup>(b)</sup> | 40 | 34452 |
| Carlyle Holdings II Finance LLC, 5.63%, 03/30/43<sup>(b)</sup> | 35 | 31635 |
|  |  | 125439 |
| **Real Estate — 0.3%** |  |  |
| CBRE Services Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 04/01/31 (Call 01/01/31) | 20 | 15675 |
| &nbsp;&nbsp;&nbsp;4.88%, 03/01/26 (Call 12/01/25) | 55 | 55055 |
| China Resources Land Ltd., 3.75%, (Call 12/09/24)<sup>(a)(d)(e)</sup> | 200 | 186056 |
| Corp Inmobiliaria Vesta SAB de CV, 3.63%, 05/13/31 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 02/13/31)<sup>(d)</sup> | 200 | 153066 |
| Cushman & Wakefield U.S. Borrower, LLC, 6.75%, 05/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 05/15/23)<sup>(b)(c)</sup> | 50 | 47882 |
| Howard Hughes Corp. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 02/01/29 (Call 02/01/24)<sup>(b)</sup> | 50 | 41910 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 02/01/31 (Call 02/01/26)<sup>(b)</sup> | 50 | 41055 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 08/01/28 (Call 08/01/23)<sup>(b)</sup> | 55 | 49832 |
| Hysan MTN Ltd., 2.88%, 06/02/27 (Call 03/02/27)<sup>(d)</sup> | 200 | 183200 |
| Kennedy-Wilson Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.75%, 03/01/29 (Call 03/01/24) | 50 | 40589 |
| &nbsp;&nbsp;&nbsp;4.75%, 02/01/30 (Call 09/01/24) | 50 | 39611 |
| &nbsp;&nbsp;&nbsp;5.00%, 03/01/31 (Call 03/01/26) | 45 | 35947 |
| MAF Sukuk Ltd., 3.93%, 02/28/30<sup>(d)</sup> | 200 | 184392 |
| Ontario Teachers' Cadillac Fairview Properties Trust, 4.13%, 02/01/29 (Call 11/01/28)<sup>(b)</sup> | 200 | 182142 |
| Realogy Group LLC/Realogy Co-Issuer Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 04/15/30 (Call 04/15/25)<sup>(b)</sup> | 75 | 55102 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 01/15/29 (Call 01/15/24)<sup>(b)</sup> | 70 | 53139 |
| Sino-Ocean Land Treasure Finance I Ltd., 6.00%, 07/30/24<sup>(d)</sup> | 200 | 84170 |
| Sun Hung Kai Properties Capital Market Ltd., 2.75%, 05/13/30 (Call 02/13/30)<sup>(d)</sup> | 200 | 168594 |
| Swire Properties MTN Financing Ltd., 3.50%, 01/10/28<sup>(d)</sup> | 200 | 187454 |
| Vanke Real Estate Hong Kong Co. Ltd., 3.50%, 11/12/29<sup>(d)</sup> | 200 | 141852 |
| Wharf REIC Finance BVI Ltd., 2.38%, 05/07/25<sup>(d)</sup> | 200 | 186162 |
|  |  | 2132885 |
| **Real Estate Investment Trusts — 2.2%** |  |  |
| Alexandria Real Estate Equities Inc. |  |  |
| 1.88%, 02/01/33 (Call 11/01/32) | 63 | 46965 |
| 2.00%, 05/18/32 (Call 02/18/32) | 35 | 26790 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Real Estate Investment Trusts (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;2.75%, 12/15/29 (Call 09/15/29) | $15 | $12730 |
| &nbsp;&nbsp;&nbsp;2.95%, 03/15/34 (Call 12/15/33) | 180 | 146349 |
| &nbsp;&nbsp;&nbsp;3.00%, 05/18/51 (Call 11/18/50) | 67 | 43586 |
| &nbsp;&nbsp;&nbsp;3.38%, 08/15/31 (Call 05/15/31) | 40 | 35120 |
| &nbsp;&nbsp;&nbsp;3.45%, 04/30/25 (Call 02/28/25) | 175 | 169190 |
| &nbsp;&nbsp;&nbsp;3.55%, 03/15/52 (Call 09/15/51) | 5 | 3619 |
| &nbsp;&nbsp;&nbsp;3.80%, 04/15/26 (Call 02/15/26) | 115 | 111313 |
| &nbsp;&nbsp;&nbsp;3.95%, 01/15/27 (Call 10/15/26) | 28 | 26906 |
| &nbsp;&nbsp;&nbsp;4.00%, 02/01/50 (Call 08/01/49) | 60 | 46336 |
| &nbsp;&nbsp;&nbsp;4.30%, 01/15/26 (Call 10/15/25) | 110 | 107643 |
| &nbsp;&nbsp;&nbsp;4.50%, 07/30/29 (Call 04/30/29) | 80 | 75823 |
| &nbsp;&nbsp;&nbsp;4.70%, 07/01/30 (Call 04/01/30) | 40 | 38420 |
| &nbsp;&nbsp;&nbsp;4.85%, 04/15/49 (Call 10/15/48) | 15 | 12877 |
| &nbsp;&nbsp;&nbsp;4.90%, 12/15/30 (Call 09/15/30) | 76 | 74120 |
| American Tower Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.30%, 09/15/25 (Call 08/15/25) | 10 | 9014 |
| &nbsp;&nbsp;&nbsp;1.45%, 09/15/26 (Call 08/15/26) | 35 | 30452 |
| &nbsp;&nbsp;&nbsp;1.50%, 01/31/28 (Call 11/30/27) | 45 | 37233 |
| &nbsp;&nbsp;&nbsp;1.60%, 04/15/26 (Call 03/15/26) | 30 | 26646 |
| &nbsp;&nbsp;&nbsp;1.88%, 10/15/30 (Call 07/15/30) | 110 | 85833 |
| &nbsp;&nbsp;&nbsp;2.10%, 06/15/30 (Call 03/15/30) | 129 | 103651 |
| &nbsp;&nbsp;&nbsp;2.30%, 09/15/31 (Call 06/15/31) | 55 | 43619 |
| &nbsp;&nbsp;&nbsp;2.40%, 03/15/25 (Call 02/15/25) | 95 | 89293 |
| &nbsp;&nbsp;&nbsp;2.70%, 04/15/31 (Call 01/15/31) | 25 | 20626 |
| &nbsp;&nbsp;&nbsp;2.75%, 01/15/27 (Call 11/15/26) | 94 | 85203 |
| &nbsp;&nbsp;&nbsp;2.90%, 01/15/30 (Call 10/15/29) | 110 | 94406 |
| &nbsp;&nbsp;&nbsp;2.95%, 01/15/25 (Call 12/15/24) | 40 | 38203 |
| &nbsp;&nbsp;&nbsp;2.95%, 01/15/51 (Call 07/15/50) | 45 | 28814 |
| &nbsp;&nbsp;&nbsp;3.10%, 06/15/50 (Call 12/15/49) | 95 | 63097 |
| &nbsp;&nbsp;&nbsp;3.13%, 01/15/27 (Call 10/15/26) | 84 | 77272 |
| &nbsp;&nbsp;&nbsp;3.38%, 10/15/26 (Call 07/15/26) | 84 | 78377 |
| &nbsp;&nbsp;&nbsp;3.55%, 07/15/27 (Call 04/15/27) | 69 | 64180 |
| &nbsp;&nbsp;&nbsp;3.60%, 01/15/28 (Call 10/15/27) | 54 | 49777 |
| &nbsp;&nbsp;&nbsp;3.70%, 10/15/49 (Call 04/15/49) | 92 | 67320 |
| &nbsp;&nbsp;&nbsp;3.80%, 08/15/29 (Call 05/15/29) | 76 | 69574 |
| &nbsp;&nbsp;&nbsp;3.95%, 03/15/29 (Call 12/15/28) | 61 | 56560 |
| &nbsp;&nbsp;&nbsp;4.00%, 06/01/25 (Call 03/01/25) | 34 | 33008 |
| &nbsp;&nbsp;&nbsp;4.40%, 02/15/26 (Call 11/15/25) | 70 | 68391 |
| &nbsp;&nbsp;&nbsp;5.00%, 02/15/24 | 145 | 144832 |
| AvalonBay Communities Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.90%, 12/01/28 (Call 10/01/28) | 10 | 8434 |
| &nbsp;&nbsp;&nbsp;2.05%, 01/15/32 (Call 10/15/31) | 5 | 3983 |
| &nbsp;&nbsp;&nbsp;3.20%, 01/15/28 (Call 10/15/27) | 25 | 23027 |
| &nbsp;&nbsp;&nbsp;3.30%, 06/01/29 (Call 03/01/29) | 200 | 180510 |
| &nbsp;&nbsp;&nbsp;3.35%, 05/15/27 (Call 02/15/27) | 50 | 46636 |
| &nbsp;&nbsp;&nbsp;3.90%, 10/15/46 (Call 04/15/46) | 40 | 31332 |
| &nbsp;&nbsp;&nbsp;4.15%, 07/01/47 (Call 01/01/47) | 25 | 20410 |
| Boston Properties LP |  |  |
| &nbsp;&nbsp;&nbsp;2.45%, 10/01/33 (Call 07/01/33) | 90 | 66244 |
| &nbsp;&nbsp;&nbsp;2.55%, 04/01/32 (Call 01/01/32) | 40 | 30825 |
| &nbsp;&nbsp;&nbsp;2.75%, 10/01/26 (Call 07/01/26) | 95 | 86240 |
| &nbsp;&nbsp;&nbsp;2.90%, 03/15/30 (Call 12/15/29) | 50 | 40987 |
| &nbsp;&nbsp;&nbsp;3.20%, 01/15/25 (Call 10/15/24) | 84 | 80588 |
| &nbsp;&nbsp;&nbsp;3.25%, 01/30/31 (Call 10/30/30) | 165 | 137970 |
| &nbsp;&nbsp;&nbsp;3.40%, 06/21/29 (Call 03/21/29) | 40 | 34586 |
| &nbsp;&nbsp;&nbsp;3.65%, 02/01/26 (Call 11/03/25) | 211 | 200741 |
| &nbsp;&nbsp;&nbsp;3.80%, 02/01/24 (Call 11/01/23) | 62 | 60813 |
| &nbsp;&nbsp;&nbsp;4.50%, 12/01/28 (Call 09/01/28) | 40 | 37348 |
| Brandywine Operating Partnership LP |  |  |
| &nbsp;&nbsp;&nbsp;3.95%, 11/15/27 (Call 08/15/27) | 65 | 56925 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Real Estate Investment Trusts (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.10%, 10/01/24 (Call 07/01/24) | $50 | $48348 |
| &nbsp;&nbsp;&nbsp;4.55%, 10/01/29 (Call 07/01/29) | 25 | 21799 |
| Brixmor Operating Partnership LP |  |  |
| &nbsp;&nbsp;&nbsp;2.25%, 04/01/28 (Call 02/01/28) | 80 | 66264 |
| &nbsp;&nbsp;&nbsp;2.50%, 08/16/31 (Call 05/16/31) | 10 | 7619 |
| &nbsp;&nbsp;&nbsp;3.65%, 06/15/24 (Call 04/15/24) | 10 | 9696 |
| &nbsp;&nbsp;&nbsp;3.85%, 02/01/25 (Call 11/01/24) | 40 | 38517 |
| &nbsp;&nbsp;&nbsp;3.90%, 03/15/27 (Call 12/15/26) | 60 | 55684 |
| &nbsp;&nbsp;&nbsp;4.05%, 07/01/30 (Call 04/01/30) | 125 | 109876 |
| &nbsp;&nbsp;&nbsp;4.13%, 06/15/26 (Call 03/15/26) | 57 | 53787 |
| &nbsp;&nbsp;&nbsp;4.13%, 05/15/29 (Call 02/15/29) | 15 | 13372 |
| Brookfield Property REIT Inc./BPR Cumulus LLC/BPR |  |  |
| Nimbus LLC/GGSI Sellco LL |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 04/01/27 (Call 10/01/23)<sup>(b)</sup> | 65 | 57223 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 05/15/26 (Call 12/12/22)<sup>(b)</sup> | 75 | 72180 |
| Camden Property Trust |  |  |
| &nbsp;&nbsp;&nbsp;2.80%, 05/15/30 (Call 02/15/30) | 16 | 13820 |
| &nbsp;&nbsp;&nbsp;3.15%, 07/01/29 (Call 04/01/29) | 39 | 34843 |
| &nbsp;&nbsp;&nbsp;3.35%, 11/01/49 (Call 05/01/49) | 75 | 53178 |
| &nbsp;&nbsp;&nbsp;4.10%, 10/15/28 (Call 07/15/28) | 20 | 19056 |
| Corporate Office Properties LP |  |  |
| &nbsp;&nbsp;&nbsp;2.00%, 01/15/29 (Call 11/15/28) | 30 | 23236 |
| &nbsp;&nbsp;&nbsp;2.25%, 03/15/26 (Call 02/15/26) | 88 | 77930 |
| &nbsp;&nbsp;&nbsp;2.75%, 04/15/31 (Call 01/15/31) | 35 | 26546 |
| &nbsp;&nbsp;&nbsp;2.90%, 12/01/33 (Call 09/01/33) | 20 | 14346 |
| Crown Castle Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.05%, 07/15/26 (Call 06/15/26) | 25 | 21677 |
| &nbsp;&nbsp;&nbsp;2.10%, 04/01/31 (Call 01/01/31) | 81 | 64297 |
| &nbsp;&nbsp;&nbsp;2.25%, 01/15/31 (Call 10/15/30) | 67 | 54234 |
| &nbsp;&nbsp;&nbsp;2.90%, 04/01/41 (Call 10/01/40) | 87 | 61428 |
| &nbsp;&nbsp;&nbsp;3.20%, 09/01/24 (Call 07/01/24) | 107 | 103825 |
| &nbsp;&nbsp;&nbsp;3.25%, 01/15/51 (Call 07/15/50) | 43 | 29593 |
| &nbsp;&nbsp;&nbsp;3.30%, 07/01/30 (Call 04/01/30) | 82 | 72406 |
| &nbsp;&nbsp;&nbsp;3.65%, 09/01/27 (Call 06/01/27) | 59 | 55160 |
| &nbsp;&nbsp;&nbsp;3.70%, 06/15/26 (Call 03/15/26) | 55 | 52375 |
| &nbsp;&nbsp;&nbsp;3.80%, 02/15/28 (Call 11/15/27) | 87 | 81294 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/01/27 (Call 12/01/26) | 25 | 23894 |
| &nbsp;&nbsp;&nbsp;4.45%, 02/15/26 (Call 11/15/25) | 67 | 65493 |
| &nbsp;&nbsp;&nbsp;4.75%, 05/15/47 (Call 11/15/46) | 52 | 45250 |
| Crown Castle International Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.35%, 07/15/25 (Call 06/15/25) | 65 | 59129 |
| &nbsp;&nbsp;&nbsp;2.50%, 07/15/31 (Call 04/15/31) | 66 | 53890 |
| &nbsp;&nbsp;&nbsp;3.10%, 11/15/29 (Call 08/15/29) | 55 | 48273 |
| &nbsp;&nbsp;&nbsp;4.00%, 11/15/49 (Call 05/15/49) | 45 | 35139 |
| &nbsp;&nbsp;&nbsp;4.15%, 07/01/50 (Call 01/01/50) | 53 | 42115 |
| &nbsp;&nbsp;&nbsp;4.30%, 02/15/29 (Call 11/15/28) | 47 | 44809 |
| &nbsp;&nbsp;&nbsp;5.20%, 02/15/49 (Call 08/15/48) | 57 | 52490 |
| Digital Realty Trust LP |  |  |
| &nbsp;&nbsp;&nbsp;3.60%, 07/01/29 (Call 04/01/29) | 50 | 45338 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.70%, 08/15/27 (Call 05/15/27)<sup>(c)</sup> | 230 | 214910 |
| &nbsp;&nbsp;&nbsp;4.45%, 07/15/28 (Call 04/15/28) | 65 | 62020 |
| Equinix Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.00%, 09/15/25 (Call 08/15/25) | 35 | 31247 |
| &nbsp;&nbsp;&nbsp;1.25%, 07/15/25 (Call 06/15/25) | 89 | 80460 |
| &nbsp;&nbsp;&nbsp;1.55%, 03/15/28 (Call 01/15/28) | 55 | 45872 |
| &nbsp;&nbsp;&nbsp;1.80%, 07/15/27 (Call 05/15/27) | 120 | 103296 |
| &nbsp;&nbsp;&nbsp;2.00%, 05/15/28 (Call 03/15/28) | 65 | 54905 |
| &nbsp;&nbsp;&nbsp;2.15%, 07/15/30 (Call 04/15/30) | 99 | 79482 |
| &nbsp;&nbsp;&nbsp;2.50%, 05/15/31 (Call 02/15/31) | 15 | 12133 |
| &nbsp;&nbsp;&nbsp;2.63%, 11/18/24 (Call 10/18/24) | 207 | 197174 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Real Estate Investment Trusts (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;2.90%, 11/18/26 (Call 09/18/26) | $79 | $72287 |
| &nbsp;&nbsp;&nbsp;2.95%, 09/15/51 (Call 03/15/51) | 79 | 50697 |
| &nbsp;&nbsp;&nbsp;3.00%, 07/15/50 (Call 01/15/50) | 85 | 55359 |
| &nbsp;&nbsp;&nbsp;3.20%, 11/18/29 (Call 08/18/29) | 126 | 110806 |
| &nbsp;&nbsp;&nbsp;3.40%, 02/15/52 (Call 08/15/51) | 15 | 10558 |
| ERP Operating LP |  |  |
| &nbsp;&nbsp;&nbsp;1.85%, 08/01/31 (Call 05/01/31) | 145 | 114045 |
| &nbsp;&nbsp;&nbsp;2.50%, 02/15/30 (Call 11/15/29) | 47 | 39446 |
| &nbsp;&nbsp;&nbsp;2.85%, 11/01/26 (Call 08/01/26) | 30 | 27803 |
| &nbsp;&nbsp;&nbsp;3.00%, 07/01/29 (Call 04/01/29) | 75 | 65954 |
| &nbsp;&nbsp;&nbsp;3.25%, 08/01/27 (Call 05/01/27) | 122 | 112496 |
| &nbsp;&nbsp;&nbsp;3.38%, 06/01/25 (Call 03/01/25) | 25 | 24072 |
| &nbsp;&nbsp;&nbsp;3.50%, 03/01/28 (Call 12/01/27) | 142 | 131824 |
| &nbsp;&nbsp;&nbsp;4.50%, 06/01/45 (Call 12/01/44) | 15 | 12898 |
| Federal Realty Investment Trust |  |  |
| &nbsp;&nbsp;&nbsp;1.25%, 02/15/26 (Call 01/15/26) | 25 | 22152 |
| &nbsp;&nbsp;&nbsp;3.20%, 06/15/29 (Call 03/15/29) | 85 | 74196 |
| &nbsp;&nbsp;&nbsp;3.25%, 07/15/27 (Call 04/15/27) | 15 | 13792 |
| &nbsp;&nbsp;&nbsp;3.50%, 06/01/30 (Call 03/01/30) | 96 | 83362 |
| &nbsp;&nbsp;&nbsp;3.95%, 01/15/24 (Call 10/15/23) | 85 | 83845 |
| &nbsp;&nbsp;&nbsp;4.50%, 12/01/44 (Call 06/01/44) | 20 | 16018 |
| Goodman U.S. Finance Three LLC, 3.70%, 03/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 12/15/27)<sup>(b)</sup> | 45 | 40727 |
| HAT Holdings I LLC/HAT Holdings II LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 06/15/26 (Call 03/15/26)<sup>(b)</sup> | 80 | 69582 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 09/15/30<sup>(b)</sup> | 30 | 21774 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 04/15/25 (Call 01/03/23)<sup>(b)</sup> | 25 | 24195 |
| Healthpeak Properties Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.35%, 02/01/27 (Call 01/01/27) | 25 | 21584 |
| &nbsp;&nbsp;&nbsp;2.88%, 01/15/31 (Call 10/15/30) | 61 | 51632 |
| &nbsp;&nbsp;&nbsp;3.00%, 01/15/30 (Call 10/15/29) | 75 | 64720 |
| &nbsp;&nbsp;&nbsp;3.25%, 07/15/26 (Call 05/15/26) | 40 | 37843 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 06/01/25 (Call 03/01/25)<sup>(c)</sup> | 25 | 24373 |
| &nbsp;&nbsp;&nbsp;6.75%, 02/01/41 (Call 08/01/40) | 54 | 56939 |
| Host Hotels & Resorts LP |  |  |
| &nbsp;&nbsp;&nbsp;3.88%, 04/01/24 (Call 02/01/24) | 45 | 43829 |
| &nbsp;&nbsp;&nbsp;Series E, 4.00%, 06/15/25 (Call 03/15/25) | 160 | 153120 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series F, 4.50%, 02/01/26 (Call 11/01/25)<sup>(c)</sup> | 87 | 83907 |
| &nbsp;&nbsp;&nbsp;Series H, 3.38%, 12/15/29 (Call 09/15/29) | 92 | 78079 |
| &nbsp;&nbsp;&nbsp;Series I, 3.50%, 09/15/30 (Call 06/15/30) | 32 | 26680 |
| &nbsp;&nbsp;&nbsp;Series J, 2.90%, 12/15/31 (Call 09/15/31) | 15 | 11622 |
| Hudson Pacific Properties LP |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 01/15/30 (Call 10/15/29) | 35 | 27410 |
| &nbsp;&nbsp;&nbsp;4.65%, 04/01/29 (Call 01/01/29) | 30 | 26254 |
| Iron Mountain Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 02/15/31 (Call 02/15/26)<sup>(b)</sup> | 80 | 67688 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 09/15/27 (Call 12/12/22)<sup>(b)</sup> | 82 | 77141 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 09/15/29 (Call 09/15/24)<sup>(b)</sup> | 70 | 61832 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 07/15/28 (Call 07/15/23)<sup>(b)</sup> | 40 | 36695 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 03/15/28 (Call 12/27/22)<sup>(b)</sup> | 65 | 60817 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 07/15/30 (Call 07/15/25)<sup>(b)</sup> | 100 | 89994 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 07/15/32 (Call 07/15/26)<sup>(b)</sup> | 50 | 44159 |
| Iron Mountain Information Management Services Inc., 5.00%, 07/15/32 (Call 07/15/27)<sup>(b)</sup> | 55 | 46880 |
| iStar Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 08/01/25 (Call 05/01/25) | 45 | 44197 |
| &nbsp;&nbsp;&nbsp;4.75%, 10/01/24 (Call 07/01/24) | 65 | 64069 |
| &nbsp;&nbsp;&nbsp;5.50%, 02/15/26 (Call 01/03/23) | 45 | 45076 |
| Kilroy Realty LP |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 11/15/32 (Call 08/15/32) | 40 | 29068 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Real Estate Investment Trusts (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;2.65%, 11/15/33 (Call 08/15/33) | $20 | $14245 |
| &nbsp;&nbsp;&nbsp;3.05%, 02/15/30 (Call 11/15/29) | 10 | 8119 |
| &nbsp;&nbsp;&nbsp;3.45%, 12/15/24 (Call 09/15/24) | 10 | 9542 |
| &nbsp;&nbsp;&nbsp;4.25%, 08/15/29 (Call 05/15/29) | 50 | 44424 |
| &nbsp;&nbsp;&nbsp;4.38%, 10/01/25 (Call 07/01/25) | 35 | 33759 |
| &nbsp;&nbsp;&nbsp;4.75%, 12/15/28 (Call 09/15/28) | 30 | 27609 |
| Kimco Realty Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.90%, 03/01/28 (Call 01/01/28) | 20 | 16819 |
| &nbsp;&nbsp;&nbsp;2.70%, 10/01/30 (Call 07/01/30) | 75 | 61931 |
| &nbsp;&nbsp;&nbsp;2.80%, 10/01/26 (Call 07/01/26) | 19 | 17486 |
| &nbsp;&nbsp;&nbsp;3.70%, 10/01/49 (Call 04/01/49) | 53 | 37238 |
| &nbsp;&nbsp;&nbsp;3.80%, 04/01/27 (Call 01/01/27) | 25 | 23449 |
| &nbsp;&nbsp;&nbsp;4.13%, 12/01/46 (Call 06/01/46) | 30 | 22596 |
| &nbsp;&nbsp;&nbsp;4.25%, 04/01/45 (Call 10/01/44) | 30 | 23320 |
| &nbsp;&nbsp;&nbsp;4.45%, 09/01/47 (Call 03/01/47) | 77 | 60994 |
| MPT Operating Partnership LP/MPT Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 03/15/31 (Call 03/15/26) | 100 | 70739 |
| &nbsp;&nbsp;&nbsp;4.63%, 08/01/29 (Call 08/01/24) | 100 | 78769 |
| &nbsp;&nbsp;&nbsp;5.00%, 10/15/27 (Call 01/03/23) | 100 | 85315 |
| National Retail Properties Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 04/15/30 (Call 01/15/30) | 160 | 131267 |
| &nbsp;&nbsp;&nbsp;3.50%, 04/15/51 (Call 10/15/50) | 100 | 68383 |
| Omega Healthcare Investors Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 04/15/33 (Call 01/15/33) | 50 | 36737 |
| &nbsp;&nbsp;&nbsp;3.38%, 02/01/31 (Call 11/01/30) | 100 | 78379 |
| &nbsp;&nbsp;&nbsp;4.75%, 01/15/28 (Call 10/15/27) | 50 | 46160 |
| Park Intermediate Holdings LLC/PK Domestic |  |  |
| Property LLC/PK Finance Co-Issuer |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 05/15/29 (Call 05/15/24)<sup>(b)</sup> | 50 | 42750 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 10/01/28 (Call 10/01/23)<sup>(b)</sup> | 50 | 46303 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 06/01/25 (Call 01/03/23)<sup>(b)</sup> | 50 | 50336 |
| Physicians Realty LP |  |  |
| &nbsp;&nbsp;&nbsp;2.63%, 11/01/31 (Call 08/01/31) | 20 | 15817 |
| &nbsp;&nbsp;&nbsp;3.95%, 01/15/28 (Call 10/15/27) | 10 | 9183 |
| &nbsp;&nbsp;&nbsp;4.30%, 03/15/27 (Call 12/15/26) | 20 | 18993 |
| Piedmont Operating Partnership LP, 3.15%, 08/15/30 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 05/15/30) | 15 | 11650 |
| Prologis LP |  |  |
| &nbsp;&nbsp;&nbsp;1.25%, 10/15/30 (Call 07/15/30) | 35 | 26802 |
| &nbsp;&nbsp;&nbsp;1.63%, 03/15/31 (Call 12/15/30) | 80 | 61751 |
| &nbsp;&nbsp;&nbsp;1.75%, 07/01/30 | 74 | 59038 |
| &nbsp;&nbsp;&nbsp;2.13%, 04/15/27 (Call 02/15/27) | 51 | 46004 |
| &nbsp;&nbsp;&nbsp;2.13%, 10/15/50 (Call 04/15/50) | 62 | 35715 |
| &nbsp;&nbsp;&nbsp;2.25%, 04/15/30 (Call 01/15/30) | 79 | 66225 |
| &nbsp;&nbsp;&nbsp;2.88%, 11/15/29 | 24 | 20925 |
| &nbsp;&nbsp;&nbsp;3.00%, 04/15/50 (Call 10/15/49) | 27 | 18521 |
| &nbsp;&nbsp;&nbsp;3.05%, 03/01/50 | 52 | 36235 |
| &nbsp;&nbsp;&nbsp;3.25%, 06/30/26 | 120 | 114102 |
| &nbsp;&nbsp;&nbsp;3.25%, 10/01/26 (Call 07/01/26) | 40 | 38014 |
| &nbsp;&nbsp;&nbsp;3.38%, 12/15/27 | 10 | 9393 |
| &nbsp;&nbsp;&nbsp;3.88%, 09/15/28 (Call 06/15/28) | 120 | 114052 |
| &nbsp;&nbsp;&nbsp;4.00%, 09/15/28 | 26 | 24908 |
| &nbsp;&nbsp;&nbsp;4.38%, 09/15/48 (Call 03/15/48) | 35 | 30404 |
| Realty Income Corp. |  |  |
| &nbsp;&nbsp;&nbsp;0.75%, 03/15/26 (Call 02/15/26) | 10 | 8708 |
| &nbsp;&nbsp;&nbsp;2.20%, 06/15/28 (Call 04/15/28) | 45 | 38735 |
| &nbsp;&nbsp;&nbsp;3.00%, 01/15/27 (Call 10/15/26) | 30 | 27779 |
| &nbsp;&nbsp;&nbsp;3.10%, 12/15/29 (Call 09/15/29) | 95 | 83438 |
| &nbsp;&nbsp;&nbsp;3.25%, 01/15/31 (Call 10/15/30) | 117 | 102421 |
| &nbsp;&nbsp;&nbsp;3.65%, 01/15/28 (Call 10/15/27) | 40 | 37523 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Real Estate Investment Trusts (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.88%, 04/15/25 (Call 02/15/25) | $10 | $9785 |
| &nbsp;&nbsp;&nbsp;3.95%, 08/15/27 (Call 05/15/27) | 30 | 28778 |
| &nbsp;&nbsp;&nbsp;4.13%, 10/15/26 (Call 07/15/26) | 10 | 9700 |
| &nbsp;&nbsp;&nbsp;4.63%, 11/01/25 (Call 09/01/25) | 20 | 19910 |
| &nbsp;&nbsp;&nbsp;4.65%, 03/15/47 (Call 09/15/46) | 75 | 67810 |
| Regency Centers LP |  |  |
| &nbsp;&nbsp;&nbsp;2.95%, 09/15/29 (Call 06/15/29) | 70 | 58930 |
| &nbsp;&nbsp;&nbsp;3.60%, 02/01/27 (Call 11/01/26) | 85 | 79901 |
| &nbsp;&nbsp;&nbsp;3.70%, 06/15/30 (Call 03/15/30) | 30 | 26252 |
| &nbsp;&nbsp;&nbsp;4.40%, 02/01/47 (Call 08/01/46) | 25 | 19668 |
| &nbsp;&nbsp;&nbsp;4.65%, 03/15/49 (Call 09/15/48) | 35 | 28506 |
| RHP Hotel Properties LP/RHP Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 02/15/29 (Call 02/15/24)<sup>(b)(c)</sup> | 50 | 43920 |
| &nbsp;&nbsp;&nbsp;4.75%, 10/15/27 (Call 01/03/23) | 55 | 50288 |
| SBA Communications Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.13%, 02/01/29 (Call 02/01/24) | 125 | 104531 |
| &nbsp;&nbsp;&nbsp;3.88%, 02/15/27 (Call 02/15/23) | 115 | 106213 |
| Scentre Group Trust 1/Scentre Group Trust 2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 10/28/25 (Call 07/30/25)<sup>(b)</sup> | 40 | 37272 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 02/12/25 (Call 11/14/24)<sup>(b)</sup> | 90 | 86013 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 01/28/26 (Call 12/28/25)<sup>(b)</sup> | 85 | 79669 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 03/23/27 (Call 12/23/26)<sup>(b)</sup> | 30 | 27597 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 05/28/30 (Call 02/28/30)<sup>(b)</sup> | 60 | 53758 |
| Scentre Group Trust 2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 09/24/80 (Call 06/24/26)<sup>(a)(b)</sup> | 245 | 216212 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 09/24/80 (Call 06/24/30)<sup>(a)(b)</sup> | 25 | 20335 |
| Simon Property Group LP |  |  |
| &nbsp;&nbsp;&nbsp;2.25%, 01/15/32 (Call 10/15/31) | 300 | 234300 |
| &nbsp;&nbsp;&nbsp;2.45%, 09/13/29 (Call 06/13/29) | 300 | 252141 |
| &nbsp;&nbsp;&nbsp;3.30%, 01/15/26 (Call 10/15/25) | 400 | 381512 |
| &nbsp;&nbsp;&nbsp;3.80%, 07/15/50 (Call 01/15/50) | 100 | 74119 |
| &nbsp;&nbsp;&nbsp;6.75%, 02/01/40 (Call 11/01/39) | 100 | 108237 |
| Starwood Property Trust Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 07/15/26 (Call 01/15/26)<sup>(b)</sup> | 35 | 31231 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 12/31/24 (Call 09/30/24)<sup>(b)</sup> | 35 | 33118 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 01/15/27 (Call 07/15/26)<sup>(b)</sup> | 40 | 36004 |
| &nbsp;&nbsp;&nbsp;4.75%, 03/15/25 (Call 09/15/24) | 40 | 38753 |
| Uniti Group LP/Uniti Fiber Holdings Inc./CSL Capital LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 01/15/30 (Call 01/15/25)<sup>(b)</sup> | 55 | 39736 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.88%, 02/15/25 (Call 01/03/23)<sup>(b)</sup> | 175 | 176246 |
| Uniti Group LP/Uniti Group Finance Inc./CSL Capital LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 04/15/28 (Call 04/15/24)<sup>(b)</sup> | 45 | 37557 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 02/15/29 (Call 02/15/24)<sup>(b)</sup> | 85 | 62333 |
| Ventas Realty LP |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 09/01/31 (Call 06/01/31) | 40 | 31542 |
| &nbsp;&nbsp;&nbsp;2.65%, 01/15/25 (Call 12/15/24) | 88 | 83170 |
| &nbsp;&nbsp;&nbsp;3.00%, 01/15/30 (Call 10/15/29) | 50 | 42403 |
| &nbsp;&nbsp;&nbsp;3.25%, 10/15/26 (Call 07/15/26) | 60 | 55498 |
| &nbsp;&nbsp;&nbsp;3.50%, 04/15/24 (Call 03/15/24) | 35 | 34035 |
| &nbsp;&nbsp;&nbsp;3.50%, 02/01/25 (Call 11/01/24) | 57 | 54688 |
| &nbsp;&nbsp;&nbsp;3.75%, 05/01/24 (Call 02/01/24) | 19 | 18513 |
| &nbsp;&nbsp;&nbsp;3.85%, 04/01/27 (Call 01/01/27) | 42 | 39705 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/01/28 (Call 12/01/27) | 27 | 25196 |
| &nbsp;&nbsp;&nbsp;4.13%, 01/15/26 (Call 10/15/25) | 60 | 58047 |
| &nbsp;&nbsp;&nbsp;4.38%, 02/01/45 (Call 08/01/44) | 50 | 39552 |
| &nbsp;&nbsp;&nbsp;4.40%, 01/15/29 (Call 10/15/28) | 27 | 25369 |
| &nbsp;&nbsp;&nbsp;4.75%, 11/15/30 (Call 08/15/30) | 62 | 58689 |
| &nbsp;&nbsp;&nbsp;4.88%, 04/15/49 (Call 10/15/48) | 32 | 27047 |
| &nbsp;&nbsp;&nbsp;5.70%, 09/30/43 (Call 03/30/43) | 25 | 23106 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Real Estate Investment Trusts (continued)** |  |  |
| VICI Properties LP |  |  |
| &nbsp;&nbsp;&nbsp;4.38%, 05/15/25 | $30 | $28875 |
| &nbsp;&nbsp;&nbsp;4.75%, 02/15/28 (Call 01/15/28) | 200 | 190306 |
| &nbsp;&nbsp;&nbsp;5.13%, 05/15/32 (Call 02/15/32) | 110 | 102685 |
| &nbsp;&nbsp;&nbsp;5.63%, 05/15/52 (Call 11/15/51) | 25 | 22620 |
| VICI Properties LP/VICI Note Co. Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 02/15/25 (Call 01/03/23)<sup>(b)</sup> | 55 | 52103 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 02/15/27 (Call 02/15/23)<sup>(b)</sup> | 120 | 108372 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 08/15/30 (Call 02/15/25)<sup>(b)</sup> | 140 | 122342 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 12/01/26 (Call 01/03/23)<sup>(b)</sup> | 110 | 102538 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 01/15/28 (Call 10/15/27)<sup>(b)</sup> | 10 | 9156 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 12/01/29 (Call 12/01/24)<sup>(b)</sup> | 120 | 108689 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 05/01/24 (Call 02/01/24)<sup>(b)</sup> | 45 | 44648 |
| WEA Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 01/15/27 (Call 11/15/26)<sup>(b)</sup> | 80 | 68473 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 06/15/29 (Call 03/15/29)<sup>(b)</sup> | 105 | 86716 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 09/20/28 (Call 06/20/28)<sup>(b)</sup> | 40 | 34721 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 09/20/48 (Call 03/20/48)<sup>(b)</sup> | 45 | 31175 |
| WEA Finance LLC/Westfield UK & Europe Finance PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 09/17/24 (Call 06/17/24)<sup>(b)</sup> | 95 | 90001 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 09/17/44 (Call 03/17/44)<sup>(b)</sup> | 10 | 7076 |
| Welltower Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.05%, 01/15/29 (Call 11/15/28) | 116 | 95300 |
| &nbsp;&nbsp;&nbsp;2.70%, 02/15/27 (Call 12/15/26) | 85 | 77434 |
| &nbsp;&nbsp;&nbsp;2.75%, 01/15/31 (Call 10/15/30) | 90 | 73060 |
| &nbsp;&nbsp;&nbsp;2.75%, 01/15/32 (Call 10/15/31) | 25 | 19884 |
| &nbsp;&nbsp;&nbsp;2.80%, 06/01/31 (Call 03/01/31) | 25 | 20232 |
| &nbsp;&nbsp;&nbsp;3.63%, 03/15/24 (Call 02/15/24) | 215 | 210715 |
| &nbsp;&nbsp;&nbsp;4.00%, 06/01/25 (Call 03/01/25) | 195 | 190339 |
| &nbsp;&nbsp;&nbsp;4.13%, 03/15/29 (Call 12/15/28) | 50 | 46362 |
| &nbsp;&nbsp;&nbsp;4.25%, 04/01/26 (Call 01/01/26) | 155 | 151127 |
| &nbsp;&nbsp;&nbsp;4.25%, 04/15/28 (Call 01/15/28) | 25 | 23676 |
| &nbsp;&nbsp;&nbsp;4.50%, 01/15/24 (Call 10/15/23) | 40 | 39648 |
| &nbsp;&nbsp;&nbsp;4.95%, 09/01/48 (Call 03/01/48) | 30 | 25732 |
| &nbsp;&nbsp;&nbsp;6.50%, 03/15/41 (Call 09/15/40) | 60 | 60820 |
| WP Carey Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.25%, 04/01/33 (Call 01/01/33) | 115 | 85797 |
| &nbsp;&nbsp;&nbsp;2.40%, 02/01/31 (Call 11/01/30) | 30 | 24035 |
| &nbsp;&nbsp;&nbsp;3.85%, 07/15/29 (Call 04/15/29) | 10 | 9032 |
| &nbsp;&nbsp;&nbsp;4.00%, 02/01/25 (Call 11/01/24) | 20 | 19471 |
| &nbsp;&nbsp;&nbsp;4.25%, 10/01/26 (Call 07/01/26) | 90 | 86746 |
| &nbsp;&nbsp;&nbsp;4.60%, 04/01/24 (Call 01/01/24) | 40 | 39766 |
| XHR LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 06/01/29 (Call 06/01/24)<sup>(b)</sup> | 45 | 37946 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.38%, 08/15/25 (Call 12/12/22)<sup>(b)</sup> | 35 | 34313 |
|  |  | 17127022 |
| **Retail — 1.1%** |  |  |
| Advance Auto Parts Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.75%, 10/01/27 (Call 08/01/27) | 112 | 94406 |
| &nbsp;&nbsp;&nbsp;3.50%, 03/15/32 (Call 12/15/31) | 15 | 12480 |
| &nbsp;&nbsp;&nbsp;3.90%, 04/15/30 (Call 01/15/30) | 67 | 59345 |
| Asbury Automotive Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 03/01/28 (Call 03/01/23) | 30 | 27165 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 11/15/29 (Call 11/15/24)<sup>(b)</sup> | 62 | 54092 |
| &nbsp;&nbsp;&nbsp;4.75%, 03/01/30 (Call 03/01/25) | 30 | 25808 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 02/15/32 (Call 11/15/26)<sup>(b)</sup> | 50 | 42283 |
| AutoNation Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.40%, 08/01/31 (Call 05/01/31) | 75 | 55162 |
| &nbsp;&nbsp;&nbsp;3.50%, 11/15/24 (Call 09/15/24) | 72 | 68921 |
| &nbsp;&nbsp;&nbsp;3.80%, 11/15/27 (Call 08/15/27) | 35 | 31649 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Retail (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 10/01/25 (Call 07/01/25) | $15 | $14618 |
| &nbsp;&nbsp;&nbsp;4.75%, 06/01/30 (Call 03/01/30) | 89 | 80659 |
| AutoZone Inc., 4.75%, 08/01/32 (Call 05/01/32) | 200 | 196510 |
| Beacon Roofing Supply Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 05/15/29 (Call 05/15/24)<sup>(b)</sup> | 30 | 25231 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 11/15/26 (Call 01/03/23)<sup>(b)</sup> | 25 | 23213 |
| Best Buy Co. Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.95%, 10/01/30 (Call 07/01/30) | 104 | 82311 |
| &nbsp;&nbsp;&nbsp;4.45%, 10/01/28 (Call 07/01/28) | 45 | 43524 |
| BlueLinx Holdings Inc., 6.00%, 11/15/29 (Call 11/15/24)<sup>(b)</sup> | 25 | 20169 |
| Brinker International Inc., 5.00%, 10/01/24 (Call 07/01/24)<sup>(b)</sup> | 40 | 38613 |
| Dave & Buster's Inc., 7.63%, 11/01/25 (Call 01/03/23)<sup>(b)</sup> | 41 | 41444 |
| Dollar General Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 04/03/30 (Call 01/03/30) | 30 | 27257 |
| &nbsp;&nbsp;&nbsp;3.88%, 04/15/27 (Call 01/15/27) | 40 | 38532 |
| &nbsp;&nbsp;&nbsp;4.13%, 05/01/28 (Call 02/01/28) | 35 | 33583 |
| &nbsp;&nbsp;&nbsp;4.13%, 04/03/50 (Call 10/03/49) | 95 | 78772 |
| &nbsp;&nbsp;&nbsp;4.15%, 11/01/25 (Call 08/01/25) | 25 | 24540 |
| &nbsp;&nbsp;&nbsp;4.63%, 11/01/27 (Call 10/01/27) | 40 | 39699 |
| Dollar Tree Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.65%, 12/01/31 (Call 09/01/31) | 5 | 4086 |
| &nbsp;&nbsp;&nbsp;3.38%, 12/01/51 (Call 06/01/51) | 30 | 20591 |
| Falabella SA, 3.75%, 10/30/27 (Call 07/30/27)<sup>(d)</sup> | 200 | 180738 |
| Foot Locker Inc., 4.00%, 10/01/29 (Call 10/01/24)<sup>(b)</sup> | 30 | 24471 |
| Gap Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 10/01/29 (Call 10/01/24)<sup>(b)</sup> | 50 | 38382 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 10/01/31 (Call 10/01/26)<sup>(b)</sup> | 65 | 49068 |
| Genuine Parts Co. |  |  |
| &nbsp;&nbsp;&nbsp;1.75%, 02/01/25 (Call 02/01/23) | 5 | 4667 |
| &nbsp;&nbsp;&nbsp;1.88%, 11/01/30 (Call 08/01/30) | 25 | 19325 |
| Group 1 Automotive Inc., 4.00%, 08/15/28 (Call 08/15/23)<sup>(b)</sup> | 57 | 48675 |
| GYP Holdings III Corp., 4.63%, 05/01/29 (Call 05/01/24)<sup>(b)</sup> | 30 | 24389 |
| Home Depot Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;0.90%, 03/15/28 (Call 01/15/28) | 135 | 113247 |
| &nbsp;&nbsp;&nbsp;1.38%, 03/15/31 (Call 12/15/30) | 85 | 66762 |
| &nbsp;&nbsp;&nbsp;1.50%, 09/15/28 (Call 07/15/28) | 50 | 42925 |
| &nbsp;&nbsp;&nbsp;1.88%, 09/15/31 (Call 06/15/31) | 15 | 12162 |
| &nbsp;&nbsp;&nbsp;2.13%, 09/15/26 (Call 06/15/26) | 60 | 55313 |
| &nbsp;&nbsp;&nbsp;2.38%, 03/15/51 (Call 09/15/50) | 90 | 56471 |
| &nbsp;&nbsp;&nbsp;2.50%, 04/15/27 (Call 02/15/27) | 271 | 251637 |
| &nbsp;&nbsp;&nbsp;2.70%, 04/15/30 (Call 01/15/30) | 104 | 92067 |
| &nbsp;&nbsp;&nbsp;2.75%, 09/15/51 (Call 03/15/51) | 45 | 30437 |
| &nbsp;&nbsp;&nbsp;2.80%, 09/14/27 (Call 06/14/27) | 122 | 114246 |
| &nbsp;&nbsp;&nbsp;2.88%, 04/15/27 (Call 03/15/27) | 15 | 14094 |
| &nbsp;&nbsp;&nbsp;2.95%, 06/15/29 (Call 03/15/29) | 150 | 137046 |
| &nbsp;&nbsp;&nbsp;3.00%, 04/01/26 (Call 01/01/26) | 73 | 69946 |
| &nbsp;&nbsp;&nbsp;3.13%, 12/15/49 (Call 06/15/49) | 142 | 103960 |
| &nbsp;&nbsp;&nbsp;3.30%, 04/15/40 (Call 10/15/39) | 185 | 150148 |
| &nbsp;&nbsp;&nbsp;3.35%, 09/15/25 (Call 06/15/25) | 95 | 92375 |
| &nbsp;&nbsp;&nbsp;3.35%, 04/15/50 (Call 10/15/49) | 117 | 89079 |
| &nbsp;&nbsp;&nbsp;3.50%, 09/15/56 (Call 03/15/56) | 45 | 34315 |
| &nbsp;&nbsp;&nbsp;3.63%, 04/15/52 (Call 10/15/51) | 10 | 7946 |
| &nbsp;&nbsp;&nbsp;3.75%, 02/15/24 (Call 11/15/23) | 44 | 43598 |
| &nbsp;&nbsp;&nbsp;3.90%, 12/06/28 (Call 09/06/28) | 125 | 121442 |
| &nbsp;&nbsp;&nbsp;3.90%, 06/15/47 (Call 12/15/46) | 110 | 92788 |
| &nbsp;&nbsp;&nbsp;4.20%, 04/01/43 (Call 10/01/42) | 10 | 8962 |
| &nbsp;&nbsp;&nbsp;4.25%, 04/01/46 (Call 10/01/45) | 200 | 177394 |
| &nbsp;&nbsp;&nbsp;4.40%, 03/15/45 (Call 09/15/44) | 77 | 70115 |
| &nbsp;&nbsp;&nbsp;4.50%, 12/06/48 (Call 06/06/48) | 135 | 125481 |
| &nbsp;&nbsp;&nbsp;4.88%, 02/15/44 (Call 08/15/43) | 131 | 127226 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Retail (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;5.40%, 09/15/40 (Call 03/15/40) | $119 | $124062 |
| &nbsp;&nbsp;&nbsp;5.88%, 12/16/36 | 229 | 248797 |
| &nbsp;&nbsp;&nbsp;5.95%, 04/01/41 (Call 10/01/40) | 87 | 95496 |
| KFC Holding Co./Pizza Hut Holdings LLC/Taco Bell of America LLC, 4.75%, 06/01/27 (Call 01/03/23)<sup>(b)</sup> | 55 | 52788 |
| Kohl's Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.38%, 05/01/31 (Call 02/01/31) | 61 | 43511 |
| &nbsp;&nbsp;&nbsp;5.55%, 07/17/45 (Call 01/17/45) | 45 | 29702 |
| Lithia Motors Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 06/01/29 (Call 06/01/24)<sup>(b)</sup> | 60 | 50333 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 01/15/31 (Call 10/15/25)<sup>(b)</sup> | 45 | 38077 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 12/15/27 (Call 01/03/23)<sup>(b)</sup> | 30 | 27744 |
| Lowe's Companies Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.70%, 09/15/28 (Call 07/15/28) | 125 | 106601 |
| &nbsp;&nbsp;&nbsp;1.70%, 10/15/30 (Call 07/15/30) | 200 | 158842 |
| &nbsp;&nbsp;&nbsp;2.63%, 04/01/31 (Call 01/01/31) | 100 | 84090 |
| &nbsp;&nbsp;&nbsp;3.00%, 10/15/50 (Call 04/15/50) | 170 | 113694 |
| &nbsp;&nbsp;&nbsp;3.10%, 05/03/27 (Call 02/03/27) | 135 | 126826 |
| &nbsp;&nbsp;&nbsp;3.13%, 09/15/24 (Call 06/15/24) | 50 | 48598 |
| &nbsp;&nbsp;&nbsp;3.50%, 04/01/51 (Call 10/01/50) | 80 | 57694 |
| &nbsp;&nbsp;&nbsp;3.65%, 04/05/29 (Call 01/05/29) | 110 | 102869 |
| &nbsp;&nbsp;&nbsp;3.70%, 04/15/46 (Call 10/15/45) | 175 | 134050 |
| &nbsp;&nbsp;&nbsp;3.75%, 04/01/32 (Call 01/01/32) | 210 | 190966 |
| &nbsp;&nbsp;&nbsp;4.00%, 04/15/25 (Call 03/15/25) | 215 | 211805 |
| &nbsp;&nbsp;&nbsp;4.05%, 05/03/47 (Call 11/03/46) | 175 | 141101 |
| &nbsp;&nbsp;&nbsp;4.38%, 09/15/45 (Call 03/15/45) | 5 | 4172 |
| &nbsp;&nbsp;&nbsp;4.45%, 04/01/62 (Call 10/01/61) | 100 | 80864 |
| &nbsp;&nbsp;&nbsp;4.50%, 04/15/30 (Call 01/15/30) | 50 | 48718 |
| &nbsp;&nbsp;&nbsp;4.55%, 04/05/49 (Call 10/05/48) | 5 | 4312 |
| &nbsp;&nbsp;&nbsp;4.65%, 04/15/42 (Call 10/15/41) | 70 | 62843 |
| &nbsp;&nbsp;&nbsp;5.00%, 04/15/33 (Call 01/15/33) | 160 | 159200 |
| &nbsp;&nbsp;&nbsp;5.00%, 04/15/40 (Call 10/15/39) | 30 | 28314 |
| &nbsp;&nbsp;&nbsp;5.13%, 04/15/50 (Call 10/15/49) | 60 | 56566 |
| &nbsp;&nbsp;&nbsp;5.50%, 10/15/35 | 56 | 56503 |
| &nbsp;&nbsp;&nbsp;5.63%, 04/15/53 (Call 10/15/52) | 30 | 29854 |
| Macy's Retail Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;4.30%, 02/15/43 (Call 08/15/42) | 20 | 12464 |
| &nbsp;&nbsp;&nbsp;4.50%, 12/15/34 (Call 06/15/34) | 30 | 21556 |
| &nbsp;&nbsp;&nbsp;5.13%, 01/15/42 (Call 07/15/41) | 20 | 13807 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 04/01/29 (Call 04/01/24)<sup>(b)(c)</sup> | 40 | 37204 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 03/15/30 (Call 03/15/25)<sup>(b)</sup> | 30 | 27083 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 03/15/32 (Call 03/15/27)<sup>(b)(c)</sup> | 30 | 26189 |
| &nbsp;&nbsp;&nbsp;6.38%, 03/15/37 | 15 | 12194 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.70%, 07/15/34<sup>(b)</sup> | 15 | 12861 |
| Marks & Spencer PLC, 7.13%, 12/01/37<sup>(b)</sup> | 25 | 22162 |
| Nordstrom Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.30%, 04/08/24 (Call 12/16/22) | 20 | 18755 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 03/15/27 (Call 12/15/26)<sup>(c)</sup> | 30 | 25655 |
| &nbsp;&nbsp;&nbsp;4.25%, 08/01/31 (Call 05/01/31) | 30 | 23355 |
| &nbsp;&nbsp;&nbsp;4.38%, 04/01/30 (Call 01/01/30) | 35 | 28141 |
| &nbsp;&nbsp;&nbsp;5.00%, 01/15/44 (Call 07/15/43) | 70 | 46196 |
| &nbsp;&nbsp;&nbsp;6.95%, 03/15/28 | 30 | 28686 |
| Rite Aid Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 07/01/25 (Call 01/03/23)<sup>(b)</sup> | 30 | 22202 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.00%, 11/15/26 (Call 01/15/23)<sup>(b)</sup> | 65 | 40030 |
| Ross Stores Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.88%, 04/15/26 (Call 03/15/26) | 115 | 101170 |
| &nbsp;&nbsp;&nbsp;4.60%, 04/15/25 (Call 03/15/25) | 30 | 29898 |
| Sally Holdings LLC/Sally Capital Inc., 5.63%, 12/01/25 (Call 01/03/23) | 60 | 57452 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Retail (continued)** |  |  |
| Target Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.95%, 01/15/27 (Call 12/15/26) | $65 | $59470 |
| &nbsp;&nbsp;&nbsp;2.25%, 04/15/25 (Call 03/15/25) | 45 | 42841 |
| &nbsp;&nbsp;&nbsp;2.35%, 02/15/30 (Call 11/15/29) | 40 | 34277 |
| &nbsp;&nbsp;&nbsp;2.50%, 04/15/26 | 15 | 14139 |
| &nbsp;&nbsp;&nbsp;2.65%, 09/15/30 (Call 06/15/30) | 220 | 190524 |
| &nbsp;&nbsp;&nbsp;3.38%, 04/15/29 (Call 01/15/29) | 15 | 13938 |
| &nbsp;&nbsp;&nbsp;3.50%, 07/01/24 | 5 | 4918 |
| &nbsp;&nbsp;&nbsp;3.63%, 04/15/46 | 115 | 91285 |
| &nbsp;&nbsp;&nbsp;3.90%, 11/15/47 (Call 05/15/47) | 65 | 54270 |
| &nbsp;&nbsp;&nbsp;4.00%, 07/01/42 | 5 | 4422 |
| &nbsp;&nbsp;&nbsp;6.50%, 10/15/37 | 135 | 151436 |
| TJX Companies Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;1.15%, 05/15/28 (Call 03/15/28) | 5 | 4201 |
| &nbsp;&nbsp;&nbsp;1.60%, 05/15/31 (Call 02/15/31) | 140 | 110030 |
| &nbsp;&nbsp;&nbsp;2.25%, 09/15/26 (Call 06/15/26) | 100 | 92825 |
| &nbsp;&nbsp;&nbsp;3.88%, 04/15/30 (Call 01/15/30) | 88 | 83243 |
| &nbsp;&nbsp;&nbsp;4.50%, 04/15/50 (Call 10/15/49) | 40 | 36101 |
| Tractor Supply Co., 1.75%, 11/01/30 (Call 08/01/30) | 5 | 3892 |
| Yum! Brands Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.63%, 03/15/31 (Call 12/15/30) | 87 | 73130 |
| &nbsp;&nbsp;&nbsp;4.63%, 01/31/32 (Call 10/01/26) | 80 | 71810 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 01/15/30 (Call 10/15/29)<sup>(b)</sup> | 70 | 63854 |
| &nbsp;&nbsp;&nbsp;5.35%, 11/01/43 (Call 05/01/43) | 20 | 16220 |
| &nbsp;&nbsp;&nbsp;5.38%, 04/01/32 (Call 04/01/27) | 70 | 64778 |
| &nbsp;&nbsp;&nbsp;6.88%, 11/15/37 | 25 | 24844 |
|  |  | 8628060 |
| **Savings & Loans — 0.1%** |  |  |
| Nationwide Building Society |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.55%, 01/22/24<sup>(b)</sup> | 140 | 132682 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.00%, 08/28/25<sup>(b)</sup> | 88 | 77894 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.90%, 07/21/25<sup>(b)</sup> | 260 | 250679 |
| &nbsp;&nbsp;&nbsp;3.96%, 07/18/30 (Call 07/18/29), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.855%)<sup>(a)(b)</sup> | 20 | 17446 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 09/14/26<sup>(b)</sup> | 20 | 18208 |
| &nbsp;&nbsp;&nbsp;4.30%, 03/08/29 (Call 03/08/28), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.452%)<sup>(a)(b)</sup> | 205 | 185558 |
|  |  | 682467 |
| **Semiconductors — 1.2%** |  |  |
| ams-OSRAM AG, 7.00%, 07/31/25 (Call 01/02/23)<sup>(b)(c)</sup> | 35 | 32465 |
| Analog Devices Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.70%, 10/01/28 (Call 08/01/28) | 25 | 21478 |
| &nbsp;&nbsp;&nbsp;2.10%, 10/01/31 (Call 07/01/31) | 40 | 32906 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.80%, 10/01/41 (Call 04/01/41)<sup>(c)</sup> | 55 | 41377 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.95%, 04/01/25 (Call 03/01/25)<sup>(c)</sup> | 82 | 79127 |
| &nbsp;&nbsp;&nbsp;2.95%, 10/01/51 (Call 04/01/51) | 110 | 78614 |
| &nbsp;&nbsp;&nbsp;3.50%, 12/05/26 (Call 09/05/26) | 50 | 47986 |
| Applied Materials Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.75%, 06/01/30 (Call 03/01/30) | 92 | 76039 |
| &nbsp;&nbsp;&nbsp;2.75%, 06/01/50 (Call 12/01/49) | 94 | 66044 |
| &nbsp;&nbsp;&nbsp;3.30%, 04/01/27 (Call 01/01/27) | 67 | 64417 |
| &nbsp;&nbsp;&nbsp;3.90%, 10/01/25 (Call 07/01/25) | 174 | 171677 |
| &nbsp;&nbsp;&nbsp;4.35%, 04/01/47 (Call 10/01/46) | 37 | 34410 |
| &nbsp;&nbsp;&nbsp;5.10%, 10/01/35 (Call 04/01/35) | 69 | 70943 |
| &nbsp;&nbsp;&nbsp;5.85%, 06/15/41 | 69 | 76396 |
| Broadcom Corp./Broadcom Cayman Finance Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 01/15/28 (Call 10/15/27) | 10 | 9153 |
| &nbsp;&nbsp;&nbsp;3.88%, 01/15/27 (Call 10/15/26) | 25 | 23687 |
| Broadcom Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.45%, 02/15/31 (Call 11/15/30)<sup>(b)</sup> | 415 | 328315 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Semiconductors (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.60%, 02/15/33 (Call 11/15/32)<sup>(b)</sup> | $15 | $11329 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.14%, 11/15/35 (Call 08/15/35)<sup>(b)</sup> | 360 | 267206 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.19%, 11/15/36 (Call 08/15/36)<sup>(b)</sup> | 205 | 149968 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.42%, 04/15/33 (Call 01/15/33)<sup>(b)</sup> | 210 | 169961 |
| &nbsp;&nbsp;&nbsp;3.46%, 09/15/26 (Call 07/15/26) | 5 | 4727 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.47%, 04/15/34 (Call 01/15/34)<sup>(b)</sup> | 360 | 286373 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 02/15/41 (Call 08/15/40)<sup>(b)</sup> | 265 | 191775 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 04/15/29 (Call 02/15/29)<sup>(b)</sup> | 10 | 9142 |
| &nbsp;&nbsp;&nbsp;4.15%, 11/15/30 (Call 08/15/30) | 200 | 179870 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.15%, 04/15/32 (Call 01/15/32)<sup>(b)</sup> | 15 | 13269 |
| &nbsp;&nbsp;&nbsp;4.30%, 11/15/32 (Call 08/15/32) | 205 | 182138 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.93%, 05/15/37 (Call 02/15/37)<sup>(b)</sup> | 220 | 193094 |
| &nbsp;&nbsp;&nbsp;5.00%, 04/15/30 (Call 01/15/30) | 15 | 14373 |
| Entegris Escrow Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 04/15/29 (Call 01/15/29)<sup>(b)</sup> | 30 | 27140 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.95%, 06/15/30 (Call 06/15/25)<sup>(b)</sup> | 70 | 65901 |
| Entegris Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 05/01/29 (Call 05/01/24)<sup>(b)</sup> | 30 | 25224 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 04/15/28 (Call 04/15/23)<sup>(b)</sup> | 30 | 26781 |
| KLA Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.65%, 07/15/32 (Call 04/15/32) | 205 | 203370 |
| &nbsp;&nbsp;&nbsp;4.95%, 07/15/52 (Call 01/15/52) | 100 | 96796 |
| &nbsp;&nbsp;&nbsp;5.25%, 07/15/62 (Call 01/15/62) | 50 | 50424 |
| Lam Research Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.90%, 06/15/30 (Call 03/15/30) | 97 | 80407 |
| &nbsp;&nbsp;&nbsp;2.88%, 06/15/50 (Call 12/15/49) | 99 | 70137 |
| &nbsp;&nbsp;&nbsp;3.13%, 06/15/60 (Call 12/15/59) | 34 | 23119 |
| &nbsp;&nbsp;&nbsp;3.75%, 03/15/26 (Call 01/15/26) | 73 | 71481 |
| &nbsp;&nbsp;&nbsp;3.80%, 03/15/25 (Call 12/15/24) | 22 | 21657 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/15/29 (Call 12/15/28) | 83 | 79998 |
| &nbsp;&nbsp;&nbsp;4.88%, 03/15/49 (Call 09/15/48) | 87 | 84563 |
| Marvell Technology Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.65%, 04/15/26 (Call 03/15/26) | 111 | 98121 |
| &nbsp;&nbsp;&nbsp;2.45%, 04/15/28 (Call 02/15/28) | 17 | 14431 |
| &nbsp;&nbsp;&nbsp;2.95%, 04/15/31 (Call 01/15/31) | 77 | 62991 |
| &nbsp;&nbsp;&nbsp;4.88%, 06/22/28 (Call 03/22/28) | 61 | 58533 |
| Microchip Technology Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.98%, 09/01/24 | 60 | 55132 |
| &nbsp;&nbsp;&nbsp;4.25%, 09/01/25 (Call 01/03/23) | 30 | 29139 |
| Micron Technology Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.70%, 04/15/32 (Call 01/15/32) | 10 | 7747 |
| &nbsp;&nbsp;&nbsp;3.37%, 11/01/41 (Call 05/01/41) | 40 | 27880 |
| &nbsp;&nbsp;&nbsp;3.48%, 11/01/51 (Call 05/01/51) | 65 | 43116 |
| &nbsp;&nbsp;&nbsp;4.19%, 02/15/27 (Call 12/15/26) | 67 | 64094 |
| &nbsp;&nbsp;&nbsp;4.66%, 02/15/30 (Call 11/15/29) | 114 | 105564 |
| &nbsp;&nbsp;&nbsp;4.98%, 02/06/26 (Call 12/06/25) | 80 | 79272 |
| &nbsp;&nbsp;&nbsp;5.33%, 02/06/29 (Call 11/06/28) | 66 | 64116 |
| NVIDIA Corp. |  |  |
| &nbsp;&nbsp;&nbsp;0.58%, 06/14/24 (Call 06/14/23) | 25 | 23447 |
| &nbsp;&nbsp;&nbsp;1.55%, 06/15/28 (Call 04/15/28) | 212 | 182057 |
| &nbsp;&nbsp;&nbsp;2.00%, 06/15/31 (Call 03/15/31) | 117 | 95307 |
| &nbsp;&nbsp;&nbsp;2.85%, 04/01/30 (Call 01/01/30) | 91 | 80397 |
| &nbsp;&nbsp;&nbsp;3.20%, 09/16/26 (Call 06/16/26) | 71 | 68272 |
| &nbsp;&nbsp;&nbsp;3.50%, 04/01/40 (Call 10/01/39) | 119 | 99189 |
| &nbsp;&nbsp;&nbsp;3.50%, 04/01/50 (Call 10/01/49) | 131 | 102152 |
| &nbsp;&nbsp;&nbsp;3.70%, 04/01/60 (Call 10/01/59) | 42 | 32063 |
| NXP BV/NXP Funding LLC |  |  |
| &nbsp;&nbsp;&nbsp;4.88%, 03/01/24 (Call 02/01/24) | 95 | 94147 |
| &nbsp;&nbsp;&nbsp;5.35%, 03/01/26 (Call 01/01/26) | 40 | 39882 |
| &nbsp;&nbsp;&nbsp;5.55%, 12/01/28 (Call 09/01/28) | 89 | 89295 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Semiconductors (continued)** |  |  |
| NXP BV/NXP Funding LLC/NXP USA Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 05/11/31 (Call 02/11/31) | $132 | $104639 |
| &nbsp;&nbsp;&nbsp;2.65%, 02/15/32 (Call 11/15/31) | 40 | 31514 |
| &nbsp;&nbsp;&nbsp;2.70%, 05/01/25 (Call 04/01/25) | 72 | 67488 |
| &nbsp;&nbsp;&nbsp;3.13%, 02/15/42 (Call 08/15/41) | 25 | 17259 |
| &nbsp;&nbsp;&nbsp;3.15%, 05/01/27 (Call 03/01/27) | 87 | 79007 |
| &nbsp;&nbsp;&nbsp;3.25%, 05/11/41 (Call 11/11/40) | 45 | 32104 |
| &nbsp;&nbsp;&nbsp;3.25%, 11/30/51 (Call 05/30/51) | 100 | 64259 |
| &nbsp;&nbsp;&nbsp;3.40%, 05/01/30 (Call 02/01/30) | 84 | 73030 |
| &nbsp;&nbsp;&nbsp;3.88%, 06/18/26 (Call 04/18/26) | 20 | 19034 |
| &nbsp;&nbsp;&nbsp;4.30%, 06/18/29 (Call 03/18/29) | 105 | 98329 |
| &nbsp;&nbsp;&nbsp;4.40%, 06/01/27 (Call 05/01/27) | 10 | 9613 |
| ON Semiconductor Corp., 3.88%, 09/01/28 (Call 09/01/23)<sup>(b)</sup> | 55 | 48759 |
| Qorvo Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.75%, 12/15/24 (Call 12/15/22)<sup>(b)</sup> | 10 | 9176 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 04/01/31 (Call 04/01/26)<sup>(b)</sup> | 110 | 87077 |
| &nbsp;&nbsp;&nbsp;4.38%, 10/15/29 (Call 10/15/24) | 64 | 56906 |
| QUALCOMM Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.65%, 05/20/32 (Call 02/20/32) | 205 | 160125 |
| &nbsp;&nbsp;&nbsp;3.25%, 05/20/27 (Call 02/20/27) | 210 | 200752 |
| &nbsp;&nbsp;&nbsp;3.25%, 05/20/50 (Call 11/20/49) | 15 | 11222 |
| &nbsp;&nbsp;&nbsp;4.30%, 05/20/47 (Call 11/20/46) | 200 | 176814 |
| &nbsp;&nbsp;&nbsp;4.50%, 05/20/52 (Call 11/20/51) | 70 | 62551 |
| &nbsp;&nbsp;&nbsp;4.65%, 05/20/35 (Call 11/20/34) | 160 | 155728 |
| &nbsp;&nbsp;&nbsp;6.00%, 05/20/53 (Call 11/20/52) | 100 | 109187 |
| Renesas Electronics Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.54%, 11/26/24 (Call 10/26/24)<sup>(b)</sup> | 15 | 13752 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.17%, 11/25/26 (Call 10/25/26)<sup>(b)</sup> | 35 | 30168 |
| SK Hynix Inc., 1.50%, 01/19/26<sup>(d)</sup> | 200 | 173794 |
| Skyworks Solutions Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.80%, 06/01/26 (Call 05/01/26) | 212 | 185882 |
| &nbsp;&nbsp;&nbsp;3.00%, 06/01/31 (Call 03/01/31) | 42 | 32810 |
| Synaptics Inc., 4.00%, 06/15/29 (Call 06/15/24)<sup>(b)</sup> | 30 | 25491 |
| Texas Instruments Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.13%, 09/15/26 (Call 08/15/26) | 20 | 17776 |
| &nbsp;&nbsp;&nbsp;1.38%, 03/12/25 (Call 02/12/25) | 127 | 118830 |
| &nbsp;&nbsp;&nbsp;1.75%, 05/04/30 (Call 02/04/30) | 98 | 81462 |
| &nbsp;&nbsp;&nbsp;1.90%, 09/15/31 (Call 06/15/31) | 60 | 49013 |
| &nbsp;&nbsp;&nbsp;2.25%, 09/04/29 (Call 06/04/29) | 70 | 60810 |
| &nbsp;&nbsp;&nbsp;2.63%, 05/15/24 (Call 03/15/24) | 41 | 39887 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.70%, 09/15/51 (Call 03/15/51)<sup>(c)</sup> | 90 | 63148 |
| &nbsp;&nbsp;&nbsp;2.90%, 11/03/27 (Call 08/03/27) | 52 | 48663 |
| &nbsp;&nbsp;&nbsp;3.88%, 03/15/39 (Call 09/15/38) | 92 | 82529 |
| &nbsp;&nbsp;&nbsp;4.15%, 05/15/48 (Call 11/15/47) | 84 | 75540 |
| TSMC Arizona Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 10/25/31 (Call 07/25/31) | 245 | 203127 |
| &nbsp;&nbsp;&nbsp;3.13%, 10/25/41 (Call 04/25/41) | 220 | 168751 |
| &nbsp;&nbsp;&nbsp;3.25%, 10/25/51 (Call 04/25/51) | 25 | 17938 |
| TSMC Global Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.00%, 09/28/27 (Call 07/28/27)<sup>(d)</sup> | 200 | 166852 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.38%, 09/28/30 (Call 06/28/30)<sup>(d)</sup> | 200 | 153780 |
| &nbsp;&nbsp;&nbsp;1.75%, 04/23/28 (Call 02/23/28) | 200 | 169356 |
| Xilinx Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.38%, 06/01/30 (Call 03/01/30) | 51 | 43459 |
| &nbsp;&nbsp;&nbsp;2.95%, 06/01/24 (Call 04/01/24) | 156 | 151643 |
|  |  | 9320635 |
| **Software — 1.1%** |  |  |
| ACI Worldwide Inc., 5.75%, 08/15/26 (Call 01/03/23)<sup>(b)</sup> | 25 | 24041 |
| Adobe Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.90%, 02/01/25 (Call 01/01/25) | 75 | 71221 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Software (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;2.15%, 02/01/27 (Call 12/01/26) | $100 | $91951 |
| &nbsp;&nbsp;&nbsp;2.30%, 02/01/30 (Call 11/01/29) | 81 | 69856 |
| &nbsp;&nbsp;&nbsp;3.25%, 02/01/25 (Call 11/01/24) | 117 | 114396 |
| Autodesk Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.40%, 12/15/31 (Call 09/15/31) | 50 | 40619 |
| &nbsp;&nbsp;&nbsp;2.85%, 01/15/30 (Call 10/15/29) | 90 | 78241 |
| &nbsp;&nbsp;&nbsp;3.50%, 06/15/27 (Call 03/15/27) | 127 | 119469 |
| &nbsp;&nbsp;&nbsp;4.38%, 06/15/25 (Call 03/15/25) | 27 | 26736 |
| Black Knight InfoServ LLC, 3.63%, 09/01/28 (Call 09/01/23)<sup>(b)</sup> | 65 | 58443 |
| Broadridge Financial Solutions Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.60%, 05/01/31 (Call 02/01/31) | 30 | 24611 |
| &nbsp;&nbsp;&nbsp;2.90%, 12/01/29 (Call 09/01/29) | 80 | 68454 |
| &nbsp;&nbsp;&nbsp;3.40%, 06/27/26 (Call 03/27/26) | 40 | 37628 |
| Camelot Finance SA, 4.50%, 11/01/26 (Call 01/02/23)<sup>(b)</sup> | 50 | 47426 |
| Central Parent Inc./CDK Global Inc., 7.25%, 06/15/29 (Call 06/15/25)<sup>(b)</sup> | 50 | 48912 |
| Clarivate Science Holdings Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 07/01/28 (Call 06/30/24)<sup>(b)(c)</sup> | 75 | 67284 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 07/01/29 (Call 06/30/24)<sup>(b)</sup> | 65 | 55673 |
| Consensus Cloud Solutions Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 10/15/26 (Call 10/15/23)<sup>(b)</sup> | 25 | 23196 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 10/15/28 (Call 10/15/26)<sup>(b)</sup> | 40 | 36329 |
| Elastic NV, 4.13%, 07/15/29 (Call 07/15/24)<sup>(b)</sup> | 45 | 36697 |
| Electronic Arts Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.85%, 02/15/31 (Call 11/15/30) | 70 | 56203 |
| &nbsp;&nbsp;&nbsp;2.95%, 02/15/51 (Call 08/15/50) | 85 | 58149 |
| &nbsp;&nbsp;&nbsp;4.80%, 03/01/26 (Call 12/01/25) | 37 | 37155 |
| Fair Isaac Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 06/15/28 (Call 12/16/22)<sup>(b)</sup> | 75 | 68611 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 05/15/26 (Call 02/15/26)<sup>(b)</sup> | 30 | 29661 |
| Fidelity National Information Services Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.60%, 03/01/24 | 215 | 203399 |
| &nbsp;&nbsp;&nbsp;1.15%, 03/01/26 (Call 02/01/26) | 95 | 83937 |
| &nbsp;&nbsp;&nbsp;1.65%, 03/01/28 (Call 01/01/28) | 25 | 20995 |
| &nbsp;&nbsp;&nbsp;2.25%, 03/01/31 (Call 12/01/30) | 160 | 127883 |
| &nbsp;&nbsp;&nbsp;3.10%, 03/01/41 (Call 09/01/40) | 51 | 35818 |
| &nbsp;&nbsp;&nbsp;4.50%, 08/15/46 (Call 02/15/46) | 50 | 39810 |
| &nbsp;&nbsp;&nbsp;5.63%, 07/15/52 (Call 01/15/52) | 25 | 23533 |
| Fiserv Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.25%, 06/01/27 (Call 04/01/27) | 135 | 120510 |
| &nbsp;&nbsp;&nbsp;2.65%, 06/01/30 (Call 03/01/30) | 54 | 45675 |
| &nbsp;&nbsp;&nbsp;2.75%, 07/01/24 (Call 06/01/24) | 100 | 96383 |
| &nbsp;&nbsp;&nbsp;3.20%, 07/01/26 (Call 05/01/26) | 189 | 178064 |
| &nbsp;&nbsp;&nbsp;3.50%, 07/01/29 (Call 04/01/29) | 205 | 185006 |
| &nbsp;&nbsp;&nbsp;3.85%, 06/01/25 (Call 03/01/25) | 77 | 74807 |
| &nbsp;&nbsp;&nbsp;4.20%, 10/01/28 (Call 07/01/28) | 15 | 14319 |
| &nbsp;&nbsp;&nbsp;4.40%, 07/01/49 (Call 01/01/49) | 127 | 105358 |
| Intuit Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.95%, 07/15/25 (Call 06/15/25) | 37 | 33848 |
| &nbsp;&nbsp;&nbsp;1.35%, 07/15/27 (Call 05/15/27) | 127 | 110424 |
| &nbsp;&nbsp;&nbsp;1.65%, 07/15/30 (Call 04/15/30) | 92 | 73931 |
| Microsoft Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.40%, 08/08/26 (Call 05/08/26) | 510 | 479721 |
| &nbsp;&nbsp;&nbsp;2.53%, 06/01/50 (Call 12/01/49) | 425 | 293339 |
| &nbsp;&nbsp;&nbsp;2.68%, 06/01/60 (Call 12/01/59) | 320 | 215462 |
| &nbsp;&nbsp;&nbsp;2.70%, 02/12/25 (Call 11/12/24) | 60 | 58148 |
| &nbsp;&nbsp;&nbsp;2.88%, 02/06/24 (Call 12/06/23) | 40 | 39285 |
| &nbsp;&nbsp;&nbsp;2.92%, 03/17/52 (Call 09/17/51) | 555 | 412043 |
| &nbsp;&nbsp;&nbsp;3.04%, 03/17/62 (Call 09/17/61) | 185 | 134623 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Software (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.13%, 11/03/25 (Call 08/03/25) | $340 | $330919 |
| &nbsp;&nbsp;&nbsp;3.30%, 02/06/27 (Call 11/06/26) | 515 | 498262 |
| &nbsp;&nbsp;&nbsp;3.45%, 08/08/36 (Call 02/08/36) | 205 | 187520 |
| &nbsp;&nbsp;&nbsp;3.50%, 02/12/35 (Call 08/12/34) | 126 | 117237 |
| &nbsp;&nbsp;&nbsp;3.50%, 11/15/42 | 35 | 30330 |
| &nbsp;&nbsp;&nbsp;3.70%, 08/08/46 (Call 02/08/46) | 220 | 194927 |
| &nbsp;&nbsp;&nbsp;3.95%, 08/08/56 (Call 02/08/56) | 100 | 87719 |
| &nbsp;&nbsp;&nbsp;4.20%, 11/03/35 (Call 05/03/35) | 35 | 34831 |
| &nbsp;&nbsp;&nbsp;4.50%, 10/01/40 | 5 | 4997 |
| &nbsp;&nbsp;&nbsp;4.50%, 02/06/57 (Call 08/06/56) | 5 | 4850 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 11/03/55 (Call 05/03/55)<sup>(c)</sup> | 0 | 252 |
| MicroStrategy Inc., 6.13%, 06/15/28 (Call 06/15/24)<sup>(b)</sup> | 40 | 29542 |
| Open Text Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 02/15/28 (Call 02/15/23)<sup>(b)</sup> | 70 | 59054 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 12/01/29 (Call 12/01/24)<sup>(b)</sup> | 65 | 52196 |
| Open Text Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 02/15/30 (Call 02/15/25)<sup>(b)</sup> | 70 | 56742 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 12/01/31 (Call 12/01/26)<sup>(b)</sup> | 52 | 40973 |
| PTC Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 02/15/25 (Call 01/03/23)<sup>(b)</sup> | 42 | 39959 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 02/15/28 (Call 02/15/23)<sup>(b)</sup> | 45 | 41063 |
| Rackspace Technology Global Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 02/15/28 (Call 02/15/24)<sup>(b)</sup> | 40 | 27442 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 12/01/28 (Call 12/01/23)<sup>(b)</sup> | 40 | 19059 |
| Roper Technologies Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.00%, 09/15/25 (Call 08/15/25) | 110 | 99020 |
| &nbsp;&nbsp;&nbsp;1.40%, 09/15/27 (Call 07/15/27) | 55 | 47017 |
| &nbsp;&nbsp;&nbsp;1.75%, 02/15/31 (Call 11/15/30) | 136 | 105740 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.00%, 06/30/30 (Call 03/30/30)<sup>(c)</sup> | 60 | 48331 |
| &nbsp;&nbsp;&nbsp;2.35%, 09/15/24 (Call 08/15/24) | 97 | 92911 |
| &nbsp;&nbsp;&nbsp;2.95%, 09/15/29 (Call 06/15/29) | 55 | 48118 |
| &nbsp;&nbsp;&nbsp;3.80%, 12/15/26 (Call 09/15/26) | 104 | 100280 |
| &nbsp;&nbsp;&nbsp;3.85%, 12/15/25 (Call 09/15/25) | 62 | 59981 |
| &nbsp;&nbsp;&nbsp;4.20%, 09/15/28 (Call 06/15/28) | 15 | 14489 |
| salesforce.com Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.63%, 07/15/24 (Call 01/03/23) | 35 | 32849 |
| &nbsp;&nbsp;&nbsp;1.50%, 07/15/28 (Call 05/15/28) | 155 | 133895 |
| &nbsp;&nbsp;&nbsp;1.95%, 07/15/31 (Call 04/15/31) | 205 | 167382 |
| &nbsp;&nbsp;&nbsp;2.70%, 07/15/41 (Call 01/15/41) | 27 | 19984 |
| &nbsp;&nbsp;&nbsp;2.90%, 07/15/51 (Call 01/15/51) | 205 | 142377 |
| &nbsp;&nbsp;&nbsp;3.05%, 07/15/61 (Call 01/15/61) | 100 | 67290 |
| &nbsp;&nbsp;&nbsp;3.70%, 04/11/28 (Call 01/11/28) | 85 | 82277 |
| ServiceNow Inc., 1.40%, 09/01/30 (Call 06/01/30) | 115 | 89431 |
| Twilio Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.63%, 03/15/29 (Call 03/15/24) | 40 | 33118 |
| &nbsp;&nbsp;&nbsp;3.88%, 03/15/31 (Call 03/15/26) | 40 | 32412 |
| VMware Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.00%, 08/15/24 (Call 01/03/23) | 35 | 32544 |
| &nbsp;&nbsp;&nbsp;1.40%, 08/15/26 (Call 07/15/26) | 30 | 26398 |
| &nbsp;&nbsp;&nbsp;2.20%, 08/15/31 (Call 05/15/31) | 175 | 133887 |
| &nbsp;&nbsp;&nbsp;3.90%, 08/21/27 (Call 05/21/27) | 122 | 114839 |
| &nbsp;&nbsp;&nbsp;4.50%, 05/15/25 (Call 04/15/25) | 108 | 106962 |
| &nbsp;&nbsp;&nbsp;4.65%, 05/15/27 (Call 03/15/27) | 102 | 99488 |
| &nbsp;&nbsp;&nbsp;4.70%, 05/15/30 (Call 02/15/30) | 92 | 86482 |
| Workday Inc., 3.50%, 04/01/27 (Call 03/01/27) | 5 | 4728 |
| ZoomInfo Technologies LLC/ZoomInfo Finance Corp., 3.88%, 02/01/29 (Call 02/01/24)<sup>(b)</sup> | 55 | 46514 |
|  |  | 8523901 |
| **Storage & Warehousing — 0.0%** |  |  |
| GLP China Holdings Ltd., 2.95%, 03/29/26<sup>(d)</sup> | 200 | 127042 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Telecommunications — 1.8%** |  |  |
| Avaya Inc., 6.13%, 09/15/28 (Call 09/15/23)<sup>(b)</sup> | $77 | $33962 |
| Bell Canada, Series US-6, 3.20%, 02/15/52 (Call 08/15/51) | 100 | 68469 |
| Bell Telephone Co. of Canada or Bell Canada (The) |  |  |
| &nbsp;&nbsp;&nbsp;3.65%, 08/15/52 (Call 02/15/52) | 5 | 3745 |
| &nbsp;&nbsp;&nbsp;4.30%, 07/29/49 (Call 01/29/49) | 67 | 56275 |
| &nbsp;&nbsp;&nbsp;4.46%, 04/01/48 (Call 10/01/47) | 64 | 55460 |
| &nbsp;&nbsp;&nbsp;Series US-3, 0.75%, 03/17/24 | 125 | 118367 |
| &nbsp;&nbsp;&nbsp;Series US-4, 3.65%, 03/17/51 (Call 09/17/50) | 90 | 67033 |
| Bharti Airtel Ltd., 4.38%, 06/10/25<sup>(d)</sup> | 200 | 194268 |
| Ciena Corp., 4.00%, 01/31/30 (Call 01/31/25)<sup>(b)</sup> | 30 | 25587 |
| Cisco Systems Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 09/20/26 (Call 06/20/26) | 207 | 196205 |
| &nbsp;&nbsp;&nbsp;2.95%, 02/28/26 | 72 | 69208 |
| &nbsp;&nbsp;&nbsp;3.50%, 06/15/25 | 37 | 36228 |
| &nbsp;&nbsp;&nbsp;3.63%, 03/04/24 | 96 | 94938 |
| &nbsp;&nbsp;&nbsp;5.50%, 01/15/40 | 200 | 210546 |
| &nbsp;&nbsp;&nbsp;5.90%, 02/15/39 | 189 | 207023 |
| CommScope Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 09/01/29 (Call 09/01/24)<sup>(b)</sup> | 95 | 80000 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 03/01/26 (Call 01/03/23)<sup>(b)</sup> | 125 | 120506 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.13%, 07/01/28 (Call 07/01/23)<sup>(b)(c)</sup> | 60 | 46500 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.25%, 03/01/27 (Call 01/03/23)<sup>(b)</sup> | 70 | 60115 |
| CommScope Technologies LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 03/15/27 (Call 12/12/22)<sup>(b)(c)</sup> | 60 | 45856 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 06/15/25 (Call 12/12/22)<sup>(b)</sup> | 94 | 88028 |
| Consolidated Communications Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 10/01/28 (Call 10/01/23)<sup>(b)</sup> | 30 | 22787 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 10/01/28 (Call 10/01/23)<sup>(b)</sup> | 60 | 49361 |
| Corning Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.90%, 11/15/49 (Call 05/15/49) | 62 | 45935 |
| &nbsp;&nbsp;&nbsp;4.38%, 11/15/57 (Call 05/15/57) | 27 | 21601 |
| &nbsp;&nbsp;&nbsp;4.70%, 03/15/37 | 14 | 12841 |
| &nbsp;&nbsp;&nbsp;4.75%, 03/15/42 | 30 | 27145 |
| &nbsp;&nbsp;&nbsp;5.35%, 11/15/48 (Call 05/15/48) | 31 | 29025 |
| &nbsp;&nbsp;&nbsp;5.45%, 11/15/79 (Call 05/19/79) | 99 | 88726 |
| &nbsp;&nbsp;&nbsp;5.75%, 08/15/40 | 11 | 11175 |
| &nbsp;&nbsp;&nbsp;5.85%, 11/15/68 (Call 05/15/68) | 52 | 48496 |
| Embarq Corp., 8.00%, 06/01/36 | 110 | 46739 |
| Empresa Nacional de Telecomunicaciones SA, 4.75%, 08/01/26 (Call 05/03/26)<sup>(d)</sup> | 200 | 193634 |
| HKT Capital No. 5 Ltd., 3.25%, 09/30/29<sup>(d)</sup> | 200 | 174750 |
| Intelsat Jackson Holdings SA, 6.50%, 03/15/30 (Call 03/15/25)<sup>(b)</sup> | 225 | 207070 |
| Juniper Networks Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.20%, 12/10/25 (Call 11/10/25) | 47 | 41934 |
| &nbsp;&nbsp;&nbsp;2.00%, 12/10/30 (Call 09/10/30) | 22 | 16770 |
| &nbsp;&nbsp;&nbsp;3.75%, 08/15/29 (Call 05/15/29) | 45 | 40160 |
| &nbsp;&nbsp;&nbsp;5.95%, 03/15/41 | 45 | 41420 |
| Level 3 Financing Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.40%, 03/01/27 (Call 01/01/27)<sup>(b)</sup> | 50 | 42698 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 01/15/29 (Call 01/15/24)<sup>(b)</sup> | 60 | 44292 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 07/15/29 (Call 01/15/24)<sup>(b)</sup> | 70 | 50970 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 11/15/29 (Call 08/15/29)<sup>(b)</sup> | 60 | 46685 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 07/01/28 (Call 07/01/23)<sup>(b)</sup> | 90 | 71292 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 09/15/27 (Call 01/03/23)<sup>(b)</sup> | 75 | 63608 |
| Lumen Technologies Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 02/15/27 (Call 02/15/23)<sup>(b)</sup> | 105 | 89530 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 01/15/29 (Call 01/15/24)<sup>(b)</sup> | 70 | 47211 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 12/15/26 (Call 01/03/23)<sup>(b)</sup> | 50 | 42895 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 06/15/29 (Call 06/15/24)<sup>(b)</sup> | 35 | 24735 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Telecommunications (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;5.63%, 04/01/25 (Call 01/01/25) | $20 | $19435 |
| &nbsp;&nbsp;&nbsp;Series G, 6.88%, 01/15/28 | 20 | 16048 |
| &nbsp;&nbsp;&nbsp;Series P, 7.60%, 09/15/39 | 40 | 27848 |
| &nbsp;&nbsp;&nbsp;Series U, 7.65%, 03/15/42 | 40 | 26490 |
| Maxar Technologies Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.54%, 12/31/27 (Call 06/25/24)<sup>(b)</sup> | 15 | 14184 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.75%, 06/15/27 (Call 06/15/24)<sup>(b)</sup> | 35 | 34327 |
| Nokia OYJ |  |  |
| &nbsp;&nbsp;&nbsp;4.38%, 06/12/27 | 35 | 33355 |
| &nbsp;&nbsp;&nbsp;6.63%, 05/15/39 | 40 | 38266 |
| NTT Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.16%, 04/03/26 (Call 03/03/26)<sup>(b)</sup> | 15 | 13326 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.07%, 04/03/31 (Call 01/03/31)<sup>(b)</sup> | 275 | 223308 |
| Ooredoo International Finance Ltd., 2.63%, 04/08/31<sup>(d)</sup> | 200 | 172462 |
| Qwest Corp., 7.25%, 09/15/25. | 30 | 29830 |
| Rogers Communications Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.90%, 11/15/26 (Call 08/15/26) | 74 | 67987 |
| &nbsp;&nbsp;&nbsp;3.63%, 12/15/25 (Call 09/15/25) | 142 | 135178 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.70%, 11/15/49 (Call 05/15/49)<sup>(c)</sup> | 135 | 96522 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.80%, 03/15/32 (Call 12/15/31)<sup>(b)</sup> | 215 | 190352 |
| &nbsp;&nbsp;&nbsp;4.30%, 02/15/48 (Call 08/15/47) | 89 | 69372 |
| &nbsp;&nbsp;&nbsp;4.35%, 05/01/49 (Call 11/01/48) | 66 | 51648 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 03/15/42 (Call 09/15/41)<sup>(b)</sup> | 45 | 38154 |
| &nbsp;&nbsp;&nbsp;4.50%, 03/15/43 (Call 09/15/42) | 60 | 49479 |
| &nbsp;&nbsp;&nbsp;5.00%, 03/15/44 (Call 09/15/43) | 123 | 108432 |
| &nbsp;&nbsp;&nbsp;5.45%, 10/01/43 (Call 04/01/43) | 80 | 73677 |
| &nbsp;&nbsp;&nbsp;7.50%, 08/15/38 | 62 | 70152 |
| SES Global Americas Holdings Inc., 5.30%, 03/25/44<sup>(b)</sup> | 38 | 29632 |
| SingTel Group Treasury Pte Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.88%, 06/10/30 (Call 03/10/30)<sup>(d)</sup> | 200 | 163996 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.38%, 08/28/29 (Call 05/28/29)<sup>(d)</sup> | 200 | 173352 |
| Telecom Italia Capital SA |  |  |
| &nbsp;&nbsp;&nbsp;6.00%, 09/30/34 | 75 | 58045 |
| &nbsp;&nbsp;&nbsp;6.38%, 11/15/33 | 75 | 61582 |
| &nbsp;&nbsp;&nbsp;7.20%, 07/18/36 | 85 | 70497 |
| &nbsp;&nbsp;&nbsp;7.72%, 06/04/38 | 70 | 58927 |
| Telecom Italia SpA/Milano, 5.30%, 05/30/24<sup>(b)</sup> | 115 | 111282 |
| Telefonica Emisiones SA |  |  |
| &nbsp;&nbsp;&nbsp;4.67%, 03/06/38 | 50 | 40435 |
| &nbsp;&nbsp;&nbsp;4.90%, 03/06/48 | 90 | 70372 |
| &nbsp;&nbsp;&nbsp;5.21%, 03/08/47 | 205 | 166708 |
| &nbsp;&nbsp;&nbsp;5.52%, 03/01/49 (Call 09/01/48) | 10 | 8532 |
| &nbsp;&nbsp;&nbsp;7.05%, 06/20/36 | 299 | 312425 |
| Telefonica Europe BV, 8.25%, 09/15/30 | 76 | 85798 |
| TELUS Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.80%, 02/16/27 (Call 11/16/26) | 42 | 39082 |
| &nbsp;&nbsp;&nbsp;3.40%, 05/13/32 (Call 02/13/32) | 55 | 47873 |
| &nbsp;&nbsp;&nbsp;3.70%, 09/15/27 (Call 06/15/27) | 190 | 181288 |
| &nbsp;&nbsp;&nbsp;4.30%, 06/15/49 (Call 12/15/48) | 49 | 40601 |
| &nbsp;&nbsp;&nbsp;4.60%, 11/16/48 (Call 05/16/48) | 60 | 52804 |
| U.S. Cellular Corp., 6.70%, 12/15/33 | 45 | 39385 |
| Verizon Communications Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.75%, 03/22/24 | 123 | 116943 |
| &nbsp;&nbsp;&nbsp;0.85%, 11/20/25 (Call 10/20/25) | 66 | 59234 |
| &nbsp;&nbsp;&nbsp;1.45%, 03/20/26 (Call 02/20/26) | 5 | 4525 |
| &nbsp;&nbsp;&nbsp;1.50%, 09/18/30 (Call 06/18/30) | 37 | 29046 |
| &nbsp;&nbsp;&nbsp;1.68%, 10/30/30 (Call 07/30/30) | 210 | 165018 |
| &nbsp;&nbsp;&nbsp;1.75%, 01/20/31 (Call 10/20/30) | 118 | 92487 |
| &nbsp;&nbsp;&nbsp;2.10%, 03/22/28 (Call 01/22/28) | 204 | 178598 |
| &nbsp;&nbsp;&nbsp;2.36%, 03/15/32 (Call 12/15/31) | 406 | 326623 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Telecommunications (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;2.55%, 03/21/31 (Call 12/21/30) | $227 | $189082 |
| &nbsp;&nbsp;&nbsp;2.63%, 08/15/26 | 145 | 135021 |
| &nbsp;&nbsp;&nbsp;2.65%, 11/20/40 (Call 05/20/40) | 168 | 115288 |
| &nbsp;&nbsp;&nbsp;2.85%, 09/03/41 (Call 03/03/41) | 155 | 110276 |
| &nbsp;&nbsp;&nbsp;2.88%, 11/20/50 (Call 05/20/50) | 268 | 173779 |
| &nbsp;&nbsp;&nbsp;2.99%, 10/30/56 (Call 04/30/56) | 290 | 183553 |
| &nbsp;&nbsp;&nbsp;3.00%, 03/22/27 (Call 01/22/27) | 222 | 208238 |
| &nbsp;&nbsp;&nbsp;3.00%, 11/20/60 (Call 05/20/60) | 157 | 97833 |
| &nbsp;&nbsp;&nbsp;3.15%, 03/22/30 (Call 12/22/29) | 184 | 163880 |
| &nbsp;&nbsp;&nbsp;3.38%, 02/15/25 | 40 | 39071 |
| &nbsp;&nbsp;&nbsp;3.40%, 03/22/41 (Call 09/22/40) | 302 | 232824 |
| &nbsp;&nbsp;&nbsp;3.50%, 11/01/24 (Call 08/01/24) | 80 | 78386 |
| &nbsp;&nbsp;&nbsp;3.55%, 03/22/51 (Call 09/22/50) | 354 | 262516 |
| &nbsp;&nbsp;&nbsp;3.70%, 03/22/61 (Call 09/22/60) | 235 | 169407 |
| &nbsp;&nbsp;&nbsp;3.85%, 11/01/42 (Call 05/01/42) | 117 | 94961 |
| &nbsp;&nbsp;&nbsp;3.88%, 02/08/29 (Call 11/08/28) | 169 | 159734 |
| &nbsp;&nbsp;&nbsp;3.88%, 03/01/52 (Call 09/01/51) | 75 | 58670 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/22/50 (Call 09/22/49) | 69 | 55685 |
| &nbsp;&nbsp;&nbsp;4.02%, 12/03/29 (Call 09/03/29) | 333 | 314242 |
| &nbsp;&nbsp;&nbsp;4.13%, 03/16/27 | 279 | 273780 |
| &nbsp;&nbsp;&nbsp;4.13%, 08/15/46 | 110 | 90594 |
| &nbsp;&nbsp;&nbsp;4.27%, 01/15/36 | 100 | 89571 |
| &nbsp;&nbsp;&nbsp;4.33%, 09/21/28 | 216 | 210079 |
| &nbsp;&nbsp;&nbsp;4.40%, 11/01/34 (Call 05/01/34) | 97 | 89656 |
| &nbsp;&nbsp;&nbsp;4.50%, 08/10/33 | 191 | 181517 |
| &nbsp;&nbsp;&nbsp;4.52%, 09/15/48 | 180 | 158305 |
| &nbsp;&nbsp;&nbsp;4.67%, 03/15/55 | 10 | 8821 |
| &nbsp;&nbsp;&nbsp;4.75%, 11/01/41 | 97 | 88816 |
| &nbsp;&nbsp;&nbsp;4.81%, 03/15/39 | 79 | 74240 |
| &nbsp;&nbsp;&nbsp;4.86%, 08/21/46 | 199 | 181325 |
| &nbsp;&nbsp;&nbsp;5.01%, 04/15/49 | 50 | 46798 |
| &nbsp;&nbsp;&nbsp;5.25%, 03/16/37 | 104 | 104549 |
| &nbsp;&nbsp;&nbsp;5.50%, 03/16/47 | 77 | 76600 |
| &nbsp;&nbsp;&nbsp;5.85%, 09/15/35 | 72 | 73997 |
| &nbsp;&nbsp;&nbsp;6.40%, 09/15/33 | 7 | 7599 |
| &nbsp;&nbsp;&nbsp;6.55%, 09/15/43 | 42 | 47289 |
| &nbsp;&nbsp;&nbsp;7.75%, 12/01/30 | 15 | 17581 |
| Vodafone Group PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 06/04/81 (Call 06/04/26)<sup>(a)</sup> | 30 | 24956 |
| &nbsp;&nbsp;&nbsp;3.75%, 01/16/24 | 71 | 70249 |
| &nbsp;&nbsp;&nbsp;4.13%, 05/30/25 | 112 | 110634 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 06/04/81 (Call 03/04/31)<sup>(a)</sup> | 70 | 52301 |
| &nbsp;&nbsp;&nbsp;4.25%, 09/17/50 | 99 | 78315 |
| &nbsp;&nbsp;&nbsp;4.38%, 05/30/28 | 252 | 249435 |
| &nbsp;&nbsp;&nbsp;4.38%, 02/19/43 | 29 | 24260 |
| &nbsp;&nbsp;&nbsp;4.88%, 06/19/49 | 136 | 116768 |
| &nbsp;&nbsp;&nbsp;5.00%, 05/30/38 | 139 | 129427 |
| &nbsp;&nbsp;&nbsp;5.13%, 06/19/59 | 78 | 68279 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 06/04/81 (Call 12/04/50)<sup>(a)</sup> | 70 | 50111 |
| &nbsp;&nbsp;&nbsp;5.25%, 05/30/48 | 229 | 206656 |
| &nbsp;&nbsp;&nbsp;6.15%, 02/27/37 | 20 | 20451 |
| &nbsp;&nbsp;&nbsp;6.25%, 11/30/32 | 147 | 154866 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 04/04/79 (Call 01/04/29)<sup>(a)</sup> | 170 | 168274 |
|  |  | 14095271 |
| **Toys, Games & Hobbies — 0.0%** |  |  |
| Hasbro Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 11/19/24 (Call 10/19/24) | 15 | 14419 |
| &nbsp;&nbsp;&nbsp;3.50%, 09/15/27 (Call 06/15/27) | 15 | 13966 |
| &nbsp;&nbsp;&nbsp;3.55%, 11/19/26 (Call 09/19/26) | 55 | 51826 |
| &nbsp;&nbsp;&nbsp;3.90%, 11/19/29 (Call 08/19/29) | 90 | 81176 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Toys, Games & Hobbies (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;5.10%, 05/15/44 (Call 11/15/43) | $53 | $45014 |
| &nbsp;&nbsp;&nbsp;6.35%, 03/15/40 | 46 | 45359 |
|  |  | 251760 |
| **Transportation — 0.1%** |  |  |
| AP Moller - Maersk A/S |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 09/28/25 (Call 06/28/25)<sup>(b)</sup> | 27 | 26257 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 06/20/29 (Call 03/20/29)<sup>(b)</sup> | 70 | 66592 |
| CH Robinson Worldwide Inc., 4.20%, 04/15/28 (Call 01/15/28) | 102 | 96934 |
| JB Hunt Transport Services Inc., 3.88%, 03/01/26 (Call 01/01/26) | 100 | 97304 |
| MTR Corp. Ltd., 1.63%, 08/19/30<sup>(d)</sup> | 200 | 160684 |
| Ryder System Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 09/01/24 (Call 08/01/24) | 70 | 66686 |
| &nbsp;&nbsp;&nbsp;2.85%, 03/01/27 (Call 02/01/27) | 80 | 72748 |
| &nbsp;&nbsp;&nbsp;2.90%, 12/01/26 (Call 10/01/26) | 99 | 90698 |
| &nbsp;&nbsp;&nbsp;3.35%, 09/01/25 (Call 08/01/25) | 101 | 96103 |
| &nbsp;&nbsp;&nbsp;3.65%, 03/18/24 (Call 02/18/24) | 80 | 78314 |
| &nbsp;&nbsp;&nbsp;4.63%, 06/01/25 (Call 05/01/25) | 82 | 80617 |
| SF Holding Investment 2021 Ltd., 3.13%, 11/17/31<sup>(d)</sup> | 200 | 162774 |
|  |  | 1095711 |
| **Trucking & Leasing — 0.1%** |  |  |
| AerCap Global Aviation Trust, 6.50%, 06/15/45 (Call 06/15/25)<sup>(a)(b)</sup> | 45 | 41593 |
| GATX Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.90%, 06/01/31 (Call 03/01/31) | 50 | 37493 |
| &nbsp;&nbsp;&nbsp;3.10%, 06/01/51 (Call 12/01/50) | 45 | 27733 |
| &nbsp;&nbsp;&nbsp;3.25%, 03/30/25 (Call 12/30/24) | 15 | 14269 |
| &nbsp;&nbsp;&nbsp;3.25%, 09/15/26 (Call 06/15/26) | 35 | 32474 |
| &nbsp;&nbsp;&nbsp;3.50%, 03/15/28 (Call 12/15/27) | 20 | 18200 |
| &nbsp;&nbsp;&nbsp;3.85%, 03/30/27 (Call 12/30/26) | 5 | 4719 |
| &nbsp;&nbsp;&nbsp;4.00%, 06/30/30 (Call 03/30/30) | 50 | 44903 |
| &nbsp;&nbsp;&nbsp;4.35%, 02/15/24 (Call 01/15/24) | 105 | 103758 |
| &nbsp;&nbsp;&nbsp;4.55%, 11/07/28 (Call 08/07/28) | 66 | 63242 |
| &nbsp;&nbsp;&nbsp;4.70%, 04/01/29 (Call 01/01/29) | 25 | 24004 |
| &nbsp;&nbsp;&nbsp;5.20%, 03/15/44 (Call 09/15/43) | 25 | 21918 |
| Penske Truck Leasing Co. LP/PTL Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.20%, 11/15/25 (Call 10/15/25)<sup>(b)</sup> | 5 | 4405 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.70%, 06/15/26 (Call 05/15/26)<sup>(b)</sup> | 177 | 154792 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.70%, 11/01/24 (Call 10/01/24)<sup>(b)</sup> | 212 | 199929 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.35%, 11/01/29 (Call 08/01/29)<sup>(b)</sup> | 12 | 10217 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.40%, 11/15/26 (Call 08/15/26)<sup>(b)</sup> | 5 | 4605 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.45%, 07/01/24 (Call 06/01/24)<sup>(b)</sup> | 35 | 33774 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.95%, 03/10/25 (Call 01/10/25)<sup>(b)</sup> | 37 | 35627 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 07/15/25 (Call 06/15/25)<sup>(b)</sup> | 27 | 25916 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.20%, 04/01/27 (Call 01/01/27)<sup>(b)</sup> | 5 | 4719 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.45%, 01/29/26 (Call 11/29/25)<sup>(b)</sup> | 32 | 30948 |
|  |  | 939238 |
| **Water — 0.1%** |  |  |
| American Water Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.80%, 05/01/30 (Call 02/01/30) | 55 | 47921 |
| &nbsp;&nbsp;&nbsp;2.95%, 09/01/27 (Call 06/01/27) | 5 | 4637 |
| &nbsp;&nbsp;&nbsp;3.40%, 03/01/25 (Call 12/01/24) | 35 | 34058 |
| &nbsp;&nbsp;&nbsp;3.45%, 06/01/29 (Call 03/01/29) | 77 | 70732 |
| &nbsp;&nbsp;&nbsp;3.45%, 05/01/50 (Call 11/01/49) | 59 | 43944 |
| &nbsp;&nbsp;&nbsp;3.75%, 09/01/28 (Call 06/01/28) | 45 | 43201 |
| &nbsp;&nbsp;&nbsp;3.75%, 09/01/47 (Call 03/01/47) | 61 | 48144 |
| &nbsp;&nbsp;&nbsp;3.85%, 03/01/24 (Call 12/01/23) | 60 | 59092 |
| &nbsp;&nbsp;&nbsp;4.00%, 12/01/46 (Call 06/01/46) | 45 | 35859 |
| &nbsp;&nbsp;&nbsp;4.15%, 06/01/49 (Call 12/01/48) | 57 | 47952 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Water (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.20%, 09/01/48 (Call 03/01/48) | $60 | $50962 |
| &nbsp;&nbsp;&nbsp;4.30%, 12/01/42 (Call 06/01/42) | 77 | 67146 |
| &nbsp;&nbsp;&nbsp;4.30%, 09/01/45 (Call 03/01/45) | 15 | 12869 |
| &nbsp;&nbsp;&nbsp;4.45%, 06/01/32 (Call 03/01/32) | 10 | 9656 |
| &nbsp;&nbsp;&nbsp;6.59%, 10/15/37 | 80 | 88900 |
|  |  | 665073 |
| **Total Corporate Bonds & Notes — 31.4%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $278,385,910)** |  | 242126125 |
| **Foreign Government Obligations<sup>(g)</sup>** |  |  |
| **Argentina — 0.1%** |  |  |
| Argentina Bonar Bonds |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.50%, 07/09/30<sup>(h)</sup> | 405 | 87618 |
| &nbsp;&nbsp;&nbsp;1.00%, 07/09/29 | 190 | 41733 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.50%, 07/09/35<sup>(h)</sup> | 470 | 104481 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 07/09/41<sup>(h)</sup> | 150 | 37224 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 01/09/38<sup>(h)</sup> | 320 | 90435 |
| Argentine Republic Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.50%, 07/09/30 (Call 01/02/23)<sup>(h)</sup> | 550 | 145090 |
| &nbsp;&nbsp;&nbsp;1.00%, 07/09/29 (Call 01/03/23) | 90 | 23165 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.50%, 07/09/35 (Call 01/02/23)<sup>(h)</sup> | 650 | 157300 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.50%, 07/09/46 (Call 01/02/23)<sup>(h)</sup> | 115 | 28456 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 07/09/41 (Call 01/02/23)<sup>(h)</sup> | 390 | 108506 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 01/09/38 (Call 01/02/23)<sup>(h)</sup> | 410 | 124988 |
|  |  | 948996 |
| **Bermuda — 0.0%** |  |  |
| Bermuda Government International Bond, 2.38%, 08/20/30 (Call 05/20/30)<sup>(d)</sup> | 105 | 86513 |
| **Brazil — 0.2%** |  |  |
| Brazilian Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 09/12/31<sup>(c)</sup> | 200 | 171612 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 06/12/30<sup>(c)</sup> | 200 | 175828 |
| &nbsp;&nbsp;&nbsp;5.63%, 01/07/41 | 300 | 262110 |
| &nbsp;&nbsp;&nbsp;7.13%, 01/20/37 | 150 | 159379 |
| &nbsp;&nbsp;&nbsp;8.25%, 01/20/34 | 110 | 125428 |
| &nbsp;&nbsp;&nbsp;8.75%, 02/04/25 | 100 | 107840 |
| &nbsp;&nbsp;&nbsp;10.13%, 05/15/27 | 200 | 233994 |
|  |  | 1236191 |
| **Canada — 0.7%** |  |  |
| Canada Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;0.75%, 05/19/26 | 130 | 116057 |
| &nbsp;&nbsp;&nbsp;1.63%, 01/22/25 | 490 | 464255 |
| CDP Financial Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.88%, 06/10/25<sup>(b)</sup> | 40 | 36632 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.00%, 05/26/26<sup>(b)</sup> | 50 | 44538 |
| Export Development Canada, 2.63%, 02/21/24. | 340 | 331381 |
| Ontario Teachers' Finance Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.38%, 04/15/25<sup>(b)</sup> | 20 | 18578 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.00%, 04/16/31<sup>(b)</sup> | 250 | 209187 |
| Province of Alberta Canada |  |  |
| &nbsp;&nbsp;&nbsp;1.00%, 05/20/25 | 140 | 129059 |
| &nbsp;&nbsp;&nbsp;1.30%, 07/22/30 | 225 | 182572 |
| &nbsp;&nbsp;&nbsp;1.88%, 11/13/24 | 42 | 39899 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.05%, 08/17/26<sup>(b)</sup> | 100 | 92190 |
| &nbsp;&nbsp;&nbsp;3.30%, 03/15/28 | 125 | 119551 |
| Province of British Columbia Canada |  |  |
| &nbsp;&nbsp;&nbsp;0.90%, 07/20/26 | 155 | 137631 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.30%, 01/29/31<sup>(c)</sup> | 120 | 97082 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Canada (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.25%, 06/02/26<sup>(c)</sup> | $30 | $28031 |
| &nbsp;&nbsp;&nbsp;6.50%, 01/15/26 | 125 | 131857 |
| &nbsp;&nbsp;&nbsp;7.25%, 09/01/36 | 20 | 25485 |
| &nbsp;&nbsp;&nbsp;Series 10, 1.75%, 09/27/24 | 20 | 19025 |
| Province of Manitoba Canada |  |  |
| &nbsp;&nbsp;&nbsp;2.13%, 06/22/26 | 195 | 180032 |
| &nbsp;&nbsp;&nbsp;3.05%, 05/14/24 | 57 | 55722 |
| Province of New Brunswick Canada, 3.63%, 02/24/28 | 195 | 189355 |
| Province of Ontario Canada |  |  |
| &nbsp;&nbsp;&nbsp;0.63%, 01/21/26 | 106 | 94407 |
| &nbsp;&nbsp;&nbsp;1.05%, 04/14/26 | 10 | 8975 |
| &nbsp;&nbsp;&nbsp;1.05%, 05/21/27 | 190 | 165860 |
| &nbsp;&nbsp;&nbsp;1.13%, 10/07/30 | 85 | 67798 |
| &nbsp;&nbsp;&nbsp;1.60%, 02/25/31 | 70 | 57452 |
| &nbsp;&nbsp;&nbsp;1.80%, 10/14/31 | 200 | 164452 |
| &nbsp;&nbsp;&nbsp;2.00%, 10/02/29 | 20 | 17433 |
| &nbsp;&nbsp;&nbsp;2.30%, 06/15/26 | 60 | 55905 |
| &nbsp;&nbsp;&nbsp;2.50%, 04/27/26 | 220 | 206831 |
| &nbsp;&nbsp;&nbsp;3.05%, 01/29/24 | 110 | 107978 |
| &nbsp;&nbsp;&nbsp;3.20%, 05/16/24 | 212 | 207614 |
| Province of Quebec Canada |  |  |
| &nbsp;&nbsp;&nbsp;0.60%, 07/23/25 | 125 | 113519 |
| &nbsp;&nbsp;&nbsp;2.50%, 04/20/26 | 170 | 160446 |
| &nbsp;&nbsp;&nbsp;2.75%, 04/12/27 | 208 | 196452 |
| &nbsp;&nbsp;&nbsp;Series NN, 7.13%, 02/09/24 | 163 | 167305 |
| &nbsp;&nbsp;&nbsp;Series PD, 7.50%, 09/15/29 | 110 | 130531 |
| &nbsp;&nbsp;&nbsp;Series QO, 2.88%, 10/16/24 | 185 | 179413 |
| &nbsp;&nbsp;&nbsp;Series QW, 2.50%, 04/09/24. | 15 | 14573 |
| &nbsp;&nbsp;&nbsp;Series QX, 1.50%, 02/11/25 | 217 | 204134 |
| PSP Capital Inc., 0.50%, 09/15/24<sup>(b)</sup> | 60 | 55768 |
|  |  | 5024965 |
| **Chile — 0.2%** |  |  |
| Chile Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;3.10%, 05/07/41 (Call 11/07/40) | 200 | 148172 |
| &nbsp;&nbsp;&nbsp;3.24%, 02/06/28 (Call 11/06/27) | 200 | 188342 |
| &nbsp;&nbsp;&nbsp;3.50%, 01/31/34 (Call 10/31/33) | 200 | 174612 |
| &nbsp;&nbsp;&nbsp;3.50%, 01/25/50 (Call 07/25/49) | 200 | 148752 |
| &nbsp;&nbsp;&nbsp;3.50%, 04/15/53 (Call 10/15/52) | 200 | 146524 |
| &nbsp;&nbsp;&nbsp;3.63%, 10/30/42 | 200 | 156148 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.86%, 06/21/47<sup>(c)</sup> | 200 | 159670 |
|  |  | 1122220 |
| **Colombia — 0.1%** |  |  |
| Colombia Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 04/22/32 (Call 01/22/32) | 200 | 143636 |
| &nbsp;&nbsp;&nbsp;3.88%, 04/25/27 (Call 01/25/27) | 200 | 175570 |
| &nbsp;&nbsp;&nbsp;4.13%, 02/22/42 (Call 08/22/41) | 200 | 124466 |
| &nbsp;&nbsp;&nbsp;4.50%, 03/15/29 (Call 12/15/28) | 200 | 171976 |
| &nbsp;&nbsp;&nbsp;6.13%, 01/18/41 | 200 | 156558 |
| &nbsp;&nbsp;&nbsp;7.38%, 09/18/37 | 200 | 184880 |
|  |  | 957086 |
| **Costa Rica — 0.0%** |  |  |
| Costa Rica Government International Bond, 6.13%, 02/19/31<sup>(d)</sup> | 200 | 194312 |
| **Croatia — 0.0%** |  |  |
| Croatia Government International Bond, 6.00%, 01/26/24<sup>(d)</sup> | 200 | 201502 |
| **Finland — 0.0%** |  |  |
| Finland Government International Bond, 6.95%, 02/15/26. | 95 | 101889 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Finland (continued)** |  |  |
| Finnvera OYJ, 1.63%, 10/23/24<sup>(b)</sup> | $30 | $28437 |
|  |  | 130326 |
| **France — 0.1%** |  |  |
| Caisse d'Amortissement de la Dette Sociale |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.38%, 09/23/25<sup>(b)</sup> | 300 | 268974 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.13%, 01/26/32<sup>(b)</sup> | 200 | 171004 |
| &nbsp;&nbsp;&nbsp;3.00%, 05/17/25 | 300 | 290703 |
|  |  | 730681 |
| **Germany — 0.0%** |  |  |
| FMS Wertmanagement, 2.75%, 01/30/24 | 215 | 210199 |
| State of North Rhine-Westphalia Germany, 1.00%, 04/21/26<sup>(d)</sup> | 100 | 89716 |
|  |  | 299915 |
| **Hong Kong — 0.1%** |  |  |
| Airport Authority |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.75%, 01/12/27 (Call 12/12/26)<sup>(b)</sup> | 200 | 181398 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.63%, 02/04/51 (Call 08/04/50)<sup>(b)</sup> | 200 | 128974 |
| Hong Kong Government International Bond, 1.38%, 02/02/31<sup>(b)</sup> | 200 | 163056 |
|  |  | 473428 |
| **Hungary — 0.1%** |  |  |
| Hungary Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.13%, 09/22/31<sup>(d)</sup> | 200 | 151374 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 06/16/29<sup>(d)</sup> | 200 | 193702 |
| &nbsp;&nbsp;&nbsp;7.63%, 03/29/41 | 100 | 109182 |
|  |  | 454258 |
| **Israel — 0.1%** |  |  |
| Israel Government International Bond, 4.50%, 01/30/43 | 200 | 184682 |
| State of Israel |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 01/15/30 | 200 | 179024 |
| &nbsp;&nbsp;&nbsp;3.38%, 01/15/50 | 400 | 306820 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.80%, 05/13/60<sup>(d)</sup> | 200 | 157358 |
|  |  | 827884 |
| **Italy — 0.1%** |  |  |
| Republic of Italy Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;0.88%, 05/06/24 | 50 | 46596 |
| &nbsp;&nbsp;&nbsp;2.38%, 10/17/24 | 295 | 277368 |
| &nbsp;&nbsp;&nbsp;2.88%, 10/17/29 | 250 | 208695 |
| &nbsp;&nbsp;&nbsp;3.88%, 05/06/51 | 105 | 71914 |
| &nbsp;&nbsp;&nbsp;4.00%, 10/17/49 | 35 | 25295 |
| &nbsp;&nbsp;&nbsp;5.38%, 06/15/33 | 222 | 216106 |
|  |  | 845974 |
| **Japan — 0.3%** |  |  |
| Development Bank of Japan Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.75%, 08/28/24<sup>(b)</sup> | 15 | 14256 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.75%, 02/18/25<sup>(b)</sup> | 200 | 188044 |
| Japan Bank for International Cooperation |  |  |
| &nbsp;&nbsp;&nbsp;0.63%, 07/15/25 | 330 | 298135 |
| &nbsp;&nbsp;&nbsp;1.25%, 01/21/31 | 105 | 82871 |
| &nbsp;&nbsp;&nbsp;1.88%, 04/15/31 | 310 | 255936 |
| &nbsp;&nbsp;&nbsp;2.13%, 02/16/29 | 100 | 87685 |
| &nbsp;&nbsp;&nbsp;2.25%, 11/04/26 | 15 | 13755 |
| &nbsp;&nbsp;&nbsp;2.50%, 05/23/24 | 11 | 10645 |
| &nbsp;&nbsp;&nbsp;2.50%, 05/28/25 | 30 | 28538 |
| &nbsp;&nbsp;&nbsp;2.75%, 01/21/26 | 200 | 189512 |
| &nbsp;&nbsp;&nbsp;2.75%, 11/16/27 | 15 | 13889 |
| &nbsp;&nbsp;&nbsp;2.88%, 04/14/25 | 300 | 288951 |
| &nbsp;&nbsp;&nbsp;2.88%, 06/01/27 | 55 | 51663 |
| &nbsp;&nbsp;&nbsp;2.88%, 07/21/27 | 200 | 187538 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Japan (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 07/20/28 | $15 | $14117 |
| Japan International Cooperation Agency |  |  |
| &nbsp;&nbsp;&nbsp;1.00%, 07/22/30 | 20 | 15626 |
| &nbsp;&nbsp;&nbsp;2.13%, 10/20/26 | 46 | 42052 |
| &nbsp;&nbsp;&nbsp;3.38%, 06/12/28 | 200 | 189592 |
|  |  | 1972805 |
| **Kazakhstan — 0.1%** |  |  |
| Kazakhstan Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 10/14/44<sup>(d)</sup> | 200 | 179530 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 07/21/25<sup>(d)</sup> | 200 | 207820 |
|  |  | 387350 |
| **Malaysia — 0.0%** |  |  |
| Malaysia Wakala Sukuk Bhd, 2.07%, 04/28/31<sup>(d)</sup> | 250 | 214567 |
| **Mongolia — 0.0%** |  |  |
| Mongolia Government International Bond, 5.13%, 04/07/26<sup>(d)</sup> | 200 | 166930 |
| **Netherlands — 0.0%** |  |  |
| Nederlandse Waterschapsbank NV, 1.00%, 05/28/30<sup>(b)</sup> | 45 | 36350 |
| **Norway — 0.1%** |  |  |
| Kommunalbanken AS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.88%, 03/12/25<sup>(b)</sup> | 215 | 199172 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.13%, 06/14/30<sup>(b)</sup> | 200 | 162348 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.75%, 02/05/24<sup>(b)</sup> | 40 | 39081 |
|  |  | 400601 |
| **Panama — 0.2%** |  |  |
| Panama Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;2.25%, 09/29/32 (Call 06/29/32) | 200 | 151734 |
| &nbsp;&nbsp;&nbsp;3.16%, 01/23/30 (Call 10/23/29) | 200 | 174436 |
| &nbsp;&nbsp;&nbsp;3.75%, 04/17/26 | 100 | 95218 |
| &nbsp;&nbsp;&nbsp;4.50%, 05/15/47 | 400 | 315876 |
| &nbsp;&nbsp;&nbsp;4.50%, 04/16/50 (Call 10/16/49) | 200 | 155214 |
| &nbsp;&nbsp;&nbsp;6.70%, 01/26/36 | 200 | 213582 |
| &nbsp;&nbsp;&nbsp;8.88%, 09/30/27 | 35 | 40883 |
| &nbsp;&nbsp;&nbsp;9.38%, 04/01/29 | 100 | 119972 |
|  |  | 1266915 |
| **Paraguay — 0.0%** |  |  |
| Paraguay Government International Bond, 5.60%, 03/13/48<sup>(d)</sup> | 200 | 171904 |
| **Peru — 0.1%** |  |  |
| Peruvian Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;1.86%, 12/01/32 (Call 09/01/32) | 200 | 150676 |
| &nbsp;&nbsp;&nbsp;2.39%, 01/23/26 (Call 12/23/25) | 100 | 93033 |
| &nbsp;&nbsp;&nbsp;2.78%, 01/23/31 (Call 10/23/30) | 125 | 105889 |
| &nbsp;&nbsp;&nbsp;2.78%, 12/01/60 (Call 06/01/60) | 100 | 60479 |
| &nbsp;&nbsp;&nbsp;3.00%, 01/15/34 (Call 10/15/33) | 200 | 163740 |
| &nbsp;&nbsp;&nbsp;3.30%, 03/11/41 (Call 09/11/40) | 60 | 44891 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.55%, 03/10/51 (Call 09/10/50)<sup>(c)</sup> | 75 | 54916 |
| &nbsp;&nbsp;&nbsp;3.60%, 01/15/72 (Call 07/15/71) | 25 | 16813 |
| &nbsp;&nbsp;&nbsp;5.63%, 11/18/50 | 25 | 25061 |
| &nbsp;&nbsp;&nbsp;6.55%, 03/14/37 | 100 | 107579 |
| &nbsp;&nbsp;&nbsp;8.75%, 11/21/33 | 100 | 124278 |
|  |  | 947355 |
| **Poland — 0.0%** |  |  |
| Republic of Poland Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 04/06/26 | 90 | 86336 |
| &nbsp;&nbsp;&nbsp;4.00%, 01/22/24 | 160 | 158512 |
|  |  | 244848 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Qatar — 0.2%** |  |  |
| Qatar Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.40%, 04/16/25<sup>(d)</sup> | $200 | $195654 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 04/16/30<sup>(d)</sup> | 200 | 193362 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 03/14/29<sup>(d)</sup> | 200 | 196558 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.40%, 04/16/50<sup>(d)</sup> | 200 | 183160 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 04/23/28<sup>(d)</sup> | 200 | 201310 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.82%, 03/14/49<sup>(d)</sup> | 200 | 194566 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.10%, 04/23/48<sup>(d)</sup> | 400 | 402708 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 01/20/42<sup>(b)</sup> | 200 | 218586 |
|  |  | 1785904 |
| **Romania — 0.1%** |  |  |
| Romanian Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 02/14/31<sup>(d)</sup> | 176 | 141399 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 03/27/32<sup>(d)</sup> | 50 | 40568 |
| &nbsp;&nbsp;&nbsp;4.00%, 02/14/51 | 60 | 40088 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 01/22/24<sup>(d)</sup> | 76 | 75852 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 06/15/48<sup>(d)</sup> | 100 | 80125 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 11/25/27<sup>(d)</sup> | 50 | 48698 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 01/22/44<sup>(d)</sup> | 50 | 45888 |
|  |  | 472618 |
| **South Africa — 0.1%** |  |  |
| Republic of South Africa Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;4.88%, 04/14/26 | 200 | 196116 |
| &nbsp;&nbsp;&nbsp;5.65%, 09/27/47 | 200 | 152736 |
| &nbsp;&nbsp;&nbsp;5.88%, 09/16/25 | 200 | 202388 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 06/22/30<sup>(c)</sup> | 200 | 191460 |
| &nbsp;&nbsp;&nbsp;6.25%, 03/08/41 | 125 | 109135 |
|  |  | 851835 |
| **South Korea — 0.1%** |  |  |
| Korea Development Bank (The), 1.25%, 06/03/25<sup>(d)</sup> | 200 | 182280 |
| Korea International Bond |  |  |
| &nbsp;&nbsp;&nbsp;1.75%, 10/15/31 | 200 | 166646 |
| &nbsp;&nbsp;&nbsp;2.75%, 01/19/27 | 200 | 188970 |
| Korea National Oil Corp, 2.13%, 04/18/27<sup>(d)</sup> | 200 | 177294 |
| Korea National Oil Corp., 2.50%, 10/24/26<sup>(d)</sup> | 200 | 182654 |
|  |  | 897844 |
| **Supranational — 2.2%** |  |  |
| African Development Bank |  |  |
| &nbsp;&nbsp;&nbsp;0.88%, 03/23/26 | 300 | 269100 |
| &nbsp;&nbsp;&nbsp;0.88%, 07/22/26 | 310 | 275376 |
| Asian Development Bank |  |  |
| &nbsp;&nbsp;&nbsp;0.38%, 06/11/24 | 147 | 138042 |
| &nbsp;&nbsp;&nbsp;0.38%, 09/03/25 | 190 | 171222 |
| &nbsp;&nbsp;&nbsp;0.50%, 02/04/26 | 275 | 245063 |
| &nbsp;&nbsp;&nbsp;0.63%, 10/08/24 | 345 | 321633 |
| &nbsp;&nbsp;&nbsp;0.63%, 04/29/25 | 316 | 290116 |
| &nbsp;&nbsp;&nbsp;0.75%, 10/08/30 | 160 | 126504 |
| &nbsp;&nbsp;&nbsp;1.00%, 04/14/26 | 234 | 210874 |
| &nbsp;&nbsp;&nbsp;1.25%, 06/09/28 | 25 | 21640 |
| &nbsp;&nbsp;&nbsp;1.50%, 10/18/24 | 291 | 275574 |
| &nbsp;&nbsp;&nbsp;1.50%, 01/20/27 | 25 | 22637 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.50%, 03/04/31<sup>(c)</sup> | 20 | 16688 |
| &nbsp;&nbsp;&nbsp;1.75%, 08/14/26 | 10 | 9183 |
| &nbsp;&nbsp;&nbsp;1.75%, 09/19/29 | 285 | 248454 |
| &nbsp;&nbsp;&nbsp;1.88%, 01/24/30 | 45 | 39276 |
| &nbsp;&nbsp;&nbsp;2.00%, 01/22/25 | 115 | 109633 |
| &nbsp;&nbsp;&nbsp;2.00%, 04/24/26 | 104 | 96882 |
| &nbsp;&nbsp;&nbsp;2.13%, 03/19/25 | 74 | 70600 |
| &nbsp;&nbsp;&nbsp;2.38%, 08/10/27 | 115 | 107164 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Supranational (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 11/02/27 | $40 | $37354 |
| &nbsp;&nbsp;&nbsp;2.63%, 01/30/24 | 195 | 190624 |
| &nbsp;&nbsp;&nbsp;2.63%, 01/12/27 | 15 | 14225 |
| &nbsp;&nbsp;&nbsp;2.75%, 01/19/28 | 25 | 23584 |
| &nbsp;&nbsp;&nbsp;2.88%, 05/06/25 | 5 | 4844 |
| &nbsp;&nbsp;&nbsp;3.13%, 09/26/28 | 10 | 9569 |
| &nbsp;&nbsp;&nbsp;5.82%, 06/16/28 | 105 | 113970 |
| &nbsp;&nbsp;&nbsp;6.22%, 08/15/27 | 180 | 194258 |
| &nbsp;&nbsp;&nbsp;6.38%, 10/01/28 | 35 | 39093 |
| Council of Europe Development Bank |  |  |
| &nbsp;&nbsp;&nbsp;0.38%, 06/10/24 | 85 | 79880 |
| &nbsp;&nbsp;&nbsp;0.88%, 09/22/26 | 195 | 172518 |
| &nbsp;&nbsp;&nbsp;1.38%, 02/27/25 | 105 | 98607 |
| European Bank for Reconstruction & Development |  |  |
| &nbsp;&nbsp;&nbsp;0.50%, 05/19/25 | 179 | 163470 |
| &nbsp;&nbsp;&nbsp;0.50%, 11/25/25 | 60 | 53841 |
| &nbsp;&nbsp;&nbsp;0.50%, 01/28/26 | 285 | 254169 |
| &nbsp;&nbsp;&nbsp;1.50%, 02/13/25 | 195 | 183813 |
| &nbsp;&nbsp;&nbsp;1.63%, 09/27/24 | 125 | 118814 |
| European Investment Bank |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.00%, 11/06/26<sup>(f)</sup> | 10 | 8491 |
| &nbsp;&nbsp;&nbsp;0.38%, 12/15/25 | 150 | 134001 |
| &nbsp;&nbsp;&nbsp;0.38%, 03/26/26 | 245 | 216700 |
| &nbsp;&nbsp;&nbsp;0.63%, 07/25/25 | 105 | 95745 |
| &nbsp;&nbsp;&nbsp;0.63%, 10/21/27 | 30 | 25646 |
| &nbsp;&nbsp;&nbsp;0.75%, 10/26/26 | 275 | 242286 |
| &nbsp;&nbsp;&nbsp;0.75%, 09/23/30 | 334 | 265887 |
| &nbsp;&nbsp;&nbsp;0.88%, 05/17/30 | 74 | 59960 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.25%, 02/14/31<sup>(c)</sup> | 60 | 49516 |
| &nbsp;&nbsp;&nbsp;1.38%, 03/15/27 | 70 | 63021 |
| &nbsp;&nbsp;&nbsp;1.63%, 03/14/25 | 262 | 247150 |
| &nbsp;&nbsp;&nbsp;1.63%, 10/09/29 | 40 | 34762 |
| &nbsp;&nbsp;&nbsp;1.63%, 05/13/31 | 5 | 4238 |
| &nbsp;&nbsp;&nbsp;1.88%, 02/10/25 | 591 | 561710 |
| &nbsp;&nbsp;&nbsp;2.13%, 04/13/26 | 125 | 117192 |
| &nbsp;&nbsp;&nbsp;2.25%, 06/24/24 | 180 | 174101 |
| &nbsp;&nbsp;&nbsp;2.38%, 05/24/27 | 230 | 215632 |
| &nbsp;&nbsp;&nbsp;2.50%, 10/15/24 | 174 | 168101 |
| &nbsp;&nbsp;&nbsp;2.63%, 03/15/24 | 105 | 102515 |
| &nbsp;&nbsp;&nbsp;3.25%, 01/29/24 | 373 | 367401 |
| &nbsp;&nbsp;&nbsp;4.88%, 02/15/36 | 157 | 171086 |
| European Stability Mechanism |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.38%, 09/10/25<sup>(b)</sup> | 215 | 193328 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.38%, 09/11/24<sup>(b)</sup> | 45 | 42600 |
| Inter-American Development Bank |  |  |
| &nbsp;&nbsp;&nbsp;0.50%, 09/23/24 | 95 | 88485 |
| &nbsp;&nbsp;&nbsp;0.63%, 07/15/25 | 80 | 72930 |
| &nbsp;&nbsp;&nbsp;0.63%, 09/16/27 | 70 | 59837 |
| &nbsp;&nbsp;&nbsp;0.88%, 04/03/25 | 110 | 101854 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.88%, 04/20/26<sup>(c)</sup> | 375 | 336559 |
| &nbsp;&nbsp;&nbsp;1.13%, 07/20/28 | 355 | 304256 |
| &nbsp;&nbsp;&nbsp;1.13%, 01/13/31 | 110 | 89110 |
| &nbsp;&nbsp;&nbsp;1.75%, 03/14/25 | 100 | 94595 |
| &nbsp;&nbsp;&nbsp;2.00%, 06/02/26 | 50 | 46483 |
| &nbsp;&nbsp;&nbsp;2.00%, 07/23/26 | 225 | 208759 |
| &nbsp;&nbsp;&nbsp;2.13%, 01/15/25 | 196 | 187298 |
| &nbsp;&nbsp;&nbsp;2.25%, 06/18/29 | 106 | 95774 |
| &nbsp;&nbsp;&nbsp;2.38%, 07/07/27 | 10 | 9332 |
| &nbsp;&nbsp;&nbsp;2.63%, 01/16/24 | 127 | 124306 |
| &nbsp;&nbsp;&nbsp;3.00%, 02/21/24 | 202 | 198196 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Supranational (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.13%, 09/18/28 | $331 | $316300 |
| &nbsp;&nbsp;&nbsp;3.20%, 08/07/42 | 5 | 4257 |
| &nbsp;&nbsp;&nbsp;3.50%, 09/14/29 | 300 | 292449 |
| &nbsp;&nbsp;&nbsp;3.88%, 10/28/41 | 125 | 117765 |
| &nbsp;&nbsp;&nbsp;4.38%, 01/24/44 | 79 | 79670 |
| International Bank for Reconstruction & Development |  |  |
| &nbsp;&nbsp;&nbsp;0.38%, 07/28/25 | 185 | 167399 |
| &nbsp;&nbsp;&nbsp;0.50%, 10/28/25 | 200 | 180070 |
| &nbsp;&nbsp;&nbsp;0.63%, 04/22/25 | 517 | 475268 |
| &nbsp;&nbsp;&nbsp;0.65%, 02/10/26 (Call 02/10/23) | 5 | 4411 |
| &nbsp;&nbsp;&nbsp;0.75%, 03/11/25 | 225 | 208096 |
| &nbsp;&nbsp;&nbsp;0.75%, 11/24/27 | 184 | 157559 |
| &nbsp;&nbsp;&nbsp;0.75%, 08/26/30 | 86 | 68143 |
| &nbsp;&nbsp;&nbsp;0.85%, 02/10/27 (Call 02/10/23) | 25 | 21508 |
| &nbsp;&nbsp;&nbsp;0.88%, 07/15/26 | 45 | 40130 |
| &nbsp;&nbsp;&nbsp;0.88%, 05/14/30 | 124 | 100027 |
| &nbsp;&nbsp;&nbsp;1.13%, 09/13/28 | 385 | 329387 |
| &nbsp;&nbsp;&nbsp;1.25%, 02/10/31 | 161 | 131899 |
| &nbsp;&nbsp;&nbsp;1.38%, 04/20/28 | 285 | 249435 |
| &nbsp;&nbsp;&nbsp;1.50%, 08/28/24 | 475 | 451402 |
| &nbsp;&nbsp;&nbsp;1.63%, 01/15/25 | 190 | 179765 |
| &nbsp;&nbsp;&nbsp;1.63%, 11/03/31 | 105 | 87525 |
| &nbsp;&nbsp;&nbsp;1.75%, 10/23/29 | 250 | 217990 |
| &nbsp;&nbsp;&nbsp;1.88%, 10/27/26 | 328 | 301760 |
| &nbsp;&nbsp;&nbsp;2.13%, 03/03/25 | 10 | 9552 |
| &nbsp;&nbsp;&nbsp;2.50%, 03/19/24 | 537 | 522818 |
| &nbsp;&nbsp;&nbsp;2.50%, 11/25/24 | 212 | 204258 |
| &nbsp;&nbsp;&nbsp;2.50%, 07/29/25 | 352 | 337110 |
| &nbsp;&nbsp;&nbsp;2.50%, 11/22/27 | 50 | 46722 |
| &nbsp;&nbsp;&nbsp;3.13%, 11/20/25 | 40 | 38828 |
| &nbsp;&nbsp;&nbsp;4.75%, 02/15/35 | 170 | 180028 |
| International Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;0.38%, 07/16/25 | 340 | 308077 |
| &nbsp;&nbsp;&nbsp;0.75%, 10/08/26 | 50 | 44099 |
| &nbsp;&nbsp;&nbsp;0.75%, 08/27/30 | 20 | 15850 |
| &nbsp;&nbsp;&nbsp;1.38%, 10/16/24 | 365 | 344951 |
| &nbsp;&nbsp;&nbsp;2.13%, 04/07/26 | 215 | 201281 |
| Nordic Investment Bank, 0.38%, 09/11/25. | 365 | 328515 |
|  |  | 17161441 |
| **Sweden — 0.1%** |  |  |
| Svensk Exportkredit AB |  |  |
| &nbsp;&nbsp;&nbsp;0.50%, 08/26/25 | 200 | 180102 |
| &nbsp;&nbsp;&nbsp;0.63%, 10/07/24 | 15 | 13951 |
| &nbsp;&nbsp;&nbsp;0.63%, 05/14/25 | 200 | 182618 |
| &nbsp;&nbsp;&nbsp;2.25%, 03/22/27 | 200 | 185338 |
|  |  | 562009 |
| **United Arab Emirates — 0.3%** |  |  |
| Abu Dhabi Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.63%, 06/02/28<sup>(d)</sup> | 200 | 176804 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.70%, 03/02/31<sup>(d)</sup> | 400 | 331636 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.88%, 09/15/31<sup>(d)</sup> | 200 | 166540 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 09/30/29<sup>(d)</sup> | 200 | 180426 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 09/15/51<sup>(d)</sup> | 200 | 142678 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 10/11/27<sup>(d)</sup> | 200 | 192168 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 09/30/49<sup>(d)</sup> | 200 | 146918 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 04/16/50<sup>(d)</sup> | 200 | 167656 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 10/11/47<sup>(d)</sup> | 200 | 175016 |
| Dubai DOF Sukuk Ltd., 2.76%, 09/09/30<sup>(d)</sup> | 200 | 177336 |
| Finance Department Government of Sharjah, 3.63%, 03/10/33<sup>(d)</sup> | 200 | 163334 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **United Arab Emirates (continued)** |  |  |
| UAE International Government Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 10/19/41<sup>(d)</sup> | $200 | $152292 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.05%, 07/07/32<sup>(d)</sup> | 200 | 196992 |
|  |  | 2369796 |
| **Uruguay — 0.1%** |  |  |
| Uruguay Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 11/20/45<sup>(c)</sup> | 215 | 200225 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 01/23/31 (Call 10/23/30)<sup>(c)</sup> | 50 | 50000 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 08/14/24<sup>(c)</sup> | 20 | 19992 |
| &nbsp;&nbsp;&nbsp;4.98%, 04/20/55 | 58 | 56275 |
| &nbsp;&nbsp;&nbsp;5.10%, 06/18/50 | 154 | 153219 |
| &nbsp;&nbsp;&nbsp;7.63%, 03/21/36 | 100 | 127170 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.88%, 01/15/33<sup>(c)</sup> | 125 | 156156 |
|  |  | 763037 |
| **Total Foreign Government Obligations — 5.8%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $50,283,707)** |  | 44208360 |
| **U.S. Government & Agency Obligations** |  |  |
| **Mortgage-Backed Securities — 24.2%** |  |  |
| Federal Home Loan Mortgage Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 05/01/29 | 571 | 554269 |
| &nbsp;&nbsp;&nbsp;3.50%, 04/01/50 | 569 | 529357 |
| &nbsp;&nbsp;&nbsp;4.00%, 01/01/48 | 40 | 38205 |
| &nbsp;&nbsp;&nbsp;4.50%, 10/01/52 | 445 | 434360 |
| &nbsp;&nbsp;&nbsp;5.00%, 08/01/52 | 125 | 124544 |
| &nbsp;&nbsp;&nbsp;5.00%, 10/01/52 | 150 | 149453 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/01/52 | 125 | 124486 |
| Federal National Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.50%, 12/15/37<sup>(i)</sup> | 1282 | 1123090 |
| &nbsp;&nbsp;&nbsp;2.00%, 01/01/37 | 125 | 112605 |
| &nbsp;&nbsp;&nbsp;2.00%, 04/01/37 | 657 | 590655 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 12/16/35<sup>(i)</sup> | 3538 | 3268765 |
| &nbsp;&nbsp;&nbsp;3.00%, 02/01/52 | 499 | 442940 |
| &nbsp;&nbsp;&nbsp;3.50%, 08/01/49 | 75 | 69495 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 12/15/37<sup>(i)</sup> | 525 | 513187 |
| &nbsp;&nbsp;&nbsp;4.50%, 05/01/52 | 174 | 171971 |
| &nbsp;&nbsp;&nbsp;4.50%, 10/01/52 | 597 | 585721 |
| &nbsp;&nbsp;&nbsp;5.00%, 10/01/52 | 274 | 274986 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-M3, Class A2, 2.55%, 12/25/26<sup>(a)</sup> | 152 | 141138 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-M12, Class A2, 3.76%, 08/25/30<sup>(a)</sup> | 50 | 47316 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-M13, Class A2, 1.61%, 04/25/31<sup>(a)</sup> | 340 | 273349 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-M17, Class A2, 1.71%, 07/25/31<sup>(a)</sup> | 250 | 201963 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-M1, Class A2, 1.72%, 10/25/31<sup>(a)</sup> | 490 | 391144 |
| Freddie Mac Multifamily Structured Pass Through Certificates |  |  |
| &nbsp;&nbsp;&nbsp;Series K043, Class A2, 3.06%, 12/25/24 | 75 | 72629 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K048, Class A2, 3.28%, 06/25/25<sup>(a)</sup> | 100 | 96534 |
| &nbsp;&nbsp;&nbsp;Series K058, Class A2, 2.65%, 08/25/26 | 75 | 70382 |
| &nbsp;&nbsp;&nbsp;Series K064, Class A2, 3.22%, 03/25/27 | 100 | 95450 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K070, Class A2, 3.30%, 11/25/27<sup>(a)</sup> | 200 | 191085 |
| &nbsp;&nbsp;&nbsp;Series K115, Class A2, 1.38%, 06/25/30. | 50 | 40385 |
| &nbsp;&nbsp;&nbsp;Series K131, Class A2, 1.85%, 07/25/31 | 1000 | 820290 |
| &nbsp;&nbsp;&nbsp;Series K735, Class A2, 2.86%, 05/25/26 | 697 | 660286 |
| &nbsp;&nbsp;&nbsp;Series K739, Class A2, 1.34%, 09/25/27 | 180 | 157339 |
| Government National Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;1.50%, 10/20/51 | 183 | 148104 |
| &nbsp;&nbsp;&nbsp;2.00%, 08/20/50 | 173 | 147909 |
| &nbsp;&nbsp;&nbsp;2.00%, 11/20/50 | 463 | 395557 |
| &nbsp;&nbsp;&nbsp;2.00%, 12/20/50 | 3332 | 2847757 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Mortgage-Backed Securities (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;2.00%, 01/20/51 | $4544 | $3883802 |
| &nbsp;&nbsp;&nbsp;2.00%, 02/20/51 | 1760 | 1502569 |
| &nbsp;&nbsp;&nbsp;2.00%, 10/20/51 | 2159 | 1837119 |
| &nbsp;&nbsp;&nbsp;2.00%, 12/20/51 | 422 | 359203 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.00%, 12/20/52<sup>(i)</sup> | 464 | 394835 |
| &nbsp;&nbsp;&nbsp;2.50%, 10/20/50 | 566 | 498872 |
| &nbsp;&nbsp;&nbsp;2.50%, 01/20/51 | 201 | 176928 |
| &nbsp;&nbsp;&nbsp;2.50%, 02/20/51 | 207 | 182044 |
| &nbsp;&nbsp;&nbsp;2.50%, 05/20/51 | 2107 | 1854564 |
| &nbsp;&nbsp;&nbsp;2.50%, 07/20/51 | 1509 | 1327109 |
| &nbsp;&nbsp;&nbsp;2.50%, 08/20/51 | 131 | 115495 |
| &nbsp;&nbsp;&nbsp;2.50%, 11/20/51 | 3711 | 3259011 |
| &nbsp;&nbsp;&nbsp;2.50%, 12/20/51 | 935 | 821031 |
| &nbsp;&nbsp;&nbsp;2.50%, 02/20/52 | 1927 | 1691449 |
| &nbsp;&nbsp;&nbsp;2.50%, 08/20/52 | 392 | 344511 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 12/20/52<sup>(i)</sup> | 98 | 86117 |
| &nbsp;&nbsp;&nbsp;3.00%, 03/20/45 | 35 | 32388 |
| &nbsp;&nbsp;&nbsp;3.00%, 12/20/45 | 4 | 3812 |
| &nbsp;&nbsp;&nbsp;3.00%, 01/20/46 | 4 | 3846 |
| &nbsp;&nbsp;&nbsp;3.00%, 03/20/46 | 284 | 260819 |
| &nbsp;&nbsp;&nbsp;3.00%, 05/20/46 | 3 | 2379 |
| &nbsp;&nbsp;&nbsp;3.00%, 08/20/46 | 11 | 10186 |
| &nbsp;&nbsp;&nbsp;3.00%, 09/20/46 | 101 | 93002 |
| &nbsp;&nbsp;&nbsp;3.00%, 04/20/49 | 52 | 47893 |
| &nbsp;&nbsp;&nbsp;3.00%, 10/15/49 | 36 | 32490 |
| &nbsp;&nbsp;&nbsp;3.00%, 12/20/49 | 1130 | 1031244 |
| &nbsp;&nbsp;&nbsp;3.00%, 01/20/50 | 159 | 144650 |
| &nbsp;&nbsp;&nbsp;3.00%, 02/20/50 | 398 | 362702 |
| &nbsp;&nbsp;&nbsp;3.00%, 07/20/50 | 132 | 119774 |
| &nbsp;&nbsp;&nbsp;3.00%, 12/20/50 | 183 | 166085 |
| &nbsp;&nbsp;&nbsp;3.00%, 08/20/51 | 1162 | 1052117 |
| &nbsp;&nbsp;&nbsp;3.00%, 09/20/51 | 1334 | 1207426 |
| &nbsp;&nbsp;&nbsp;3.00%, 10/20/51 | 654 | 591573 |
| &nbsp;&nbsp;&nbsp;3.00%, 11/20/51 | 150 | 135982 |
| &nbsp;&nbsp;&nbsp;3.00%, 12/20/51 | 484 | 437354 |
| &nbsp;&nbsp;&nbsp;3.00%, 02/20/52 | 981 | 886917 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 12/20/52<sup>(i)</sup> | 843 | 761292 |
| &nbsp;&nbsp;&nbsp;3.50%, 10/20/42 | 822 | 781960 |
| &nbsp;&nbsp;&nbsp;3.50%, 05/20/47 | 466 | 440477 |
| &nbsp;&nbsp;&nbsp;3.50%, 09/20/47 | 895 | 845343 |
| &nbsp;&nbsp;&nbsp;3.50%, 02/20/48 | 163 | 153760 |
| &nbsp;&nbsp;&nbsp;3.50%, 09/20/49 | 250 | 235298 |
| &nbsp;&nbsp;&nbsp;3.50%, 10/20/49 | 167 | 156901 |
| &nbsp;&nbsp;&nbsp;3.50%, 12/20/49 | 70 | 65840 |
| &nbsp;&nbsp;&nbsp;3.50%, 01/20/50 | 371 | 349072 |
| &nbsp;&nbsp;&nbsp;3.50%, 01/20/52 | 1000 | 931744 |
| &nbsp;&nbsp;&nbsp;3.50%, 09/20/52 | 350 | 324493 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 12/20/52<sup>(i)</sup> | 1836 | 1704324 |
| &nbsp;&nbsp;&nbsp;4.00%, 02/20/49 | 898 | 870882 |
| &nbsp;&nbsp;&nbsp;4.00%, 01/20/50 | 51 | 49094 |
| &nbsp;&nbsp;&nbsp;4.00%, 07/20/52 | 96 | 91668 |
| &nbsp;&nbsp;&nbsp;4.00%, 08/20/52 | 350 | 334048 |
| &nbsp;&nbsp;&nbsp;4.00%, 09/20/52 | 1096 | 1045260 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 12/20/52<sup>(i)</sup> | 1353 | 1291428 |
| &nbsp;&nbsp;&nbsp;4.50%, 07/20/41 | 200 | 201620 |
| &nbsp;&nbsp;&nbsp;4.50%, 09/20/48 | 101 | 100030 |
| &nbsp;&nbsp;&nbsp;4.50%, 01/20/49 | 199 | 196933 |
| &nbsp;&nbsp;&nbsp;4.50%, 08/20/52 | 1962 | 1919182 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 12/20/52<sup>(i)</sup> | 704 | 689507 |
| &nbsp;&nbsp;&nbsp;5.00%, 09/20/52 | 526 | 524911 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Mortgage-Backed Securities (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 12/20/52<sup>(i)</sup> | $722 | $721323 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 12/20/52<sup>(i)</sup> | 325 | 328854 |
| Uniform Mortgage-Backed Securities |  |  |
| &nbsp;&nbsp;&nbsp;1.50%, 03/01/36 | 180 | 157577 |
| &nbsp;&nbsp;&nbsp;1.50%, 10/01/36 | 69 | 60765 |
| &nbsp;&nbsp;&nbsp;1.50%, 02/01/37 | 1413 | 1236046 |
| &nbsp;&nbsp;&nbsp;1.50%, 03/01/37 | 1774 | 1550792 |
| &nbsp;&nbsp;&nbsp;1.50%, 04/01/37 | 138 | 120589 |
| &nbsp;&nbsp;&nbsp;1.50%, 08/01/37 | 121 | 105948 |
| &nbsp;&nbsp;&nbsp;1.50%, 11/01/50 | 467 | 362722 |
| &nbsp;&nbsp;&nbsp;1.50%, 03/01/51 | 660 | 513778 |
| &nbsp;&nbsp;&nbsp;1.50%, 04/01/51 | 489 | 380474 |
| &nbsp;&nbsp;&nbsp;1.50%, 05/01/51 | 943 | 733491 |
| &nbsp;&nbsp;&nbsp;1.50%, 07/01/51 | 1682 | 1309158 |
| &nbsp;&nbsp;&nbsp;1.50%, 11/01/51 | 347 | 270119 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.50%, 12/13/52<sup>(i)</sup> | 750 | 584209 |
| &nbsp;&nbsp;&nbsp;2.00%, 12/01/35 | 51 | 46031 |
| &nbsp;&nbsp;&nbsp;2.00%, 02/01/36 | 864 | 777454 |
| &nbsp;&nbsp;&nbsp;2.00%, 03/01/36 | 166 | 149527 |
| &nbsp;&nbsp;&nbsp;2.00%, 04/01/36 | 61 | 54522 |
| &nbsp;&nbsp;&nbsp;2.00%, 05/01/36 | 36 | 32681 |
| &nbsp;&nbsp;&nbsp;2.00%, 06/01/36 | 665 | 597800 |
| &nbsp;&nbsp;&nbsp;2.00%, 08/01/36 | 458 | 412179 |
| &nbsp;&nbsp;&nbsp;2.00%, 09/01/36 | 813 | 730350 |
| &nbsp;&nbsp;&nbsp;2.00%, 10/01/36 | 272 | 243929 |
| &nbsp;&nbsp;&nbsp;2.00%, 11/01/36 | 235 | 210958 |
| &nbsp;&nbsp;&nbsp;2.00%, 12/01/36 | 506 | 453950 |
| &nbsp;&nbsp;&nbsp;2.00%, 01/01/37 | 693 | 623253 |
| &nbsp;&nbsp;&nbsp;2.00%, 02/01/37 | 731 | 657322 |
| &nbsp;&nbsp;&nbsp;2.00%, 04/01/37 | 3360 | 3015301 |
| &nbsp;&nbsp;&nbsp;2.00%, 05/01/37 | 2231 | 2001796 |
| &nbsp;&nbsp;&nbsp;2.00%, 06/01/37 | 698 | 626405 |
| &nbsp;&nbsp;&nbsp;2.00%, 07/01/50 | 275 | 227508 |
| &nbsp;&nbsp;&nbsp;2.00%, 08/01/50 | 868 | 717418 |
| &nbsp;&nbsp;&nbsp;2.00%, 09/01/50 | 364 | 300490 |
| &nbsp;&nbsp;&nbsp;2.00%, 10/01/50 | 818 | 676646 |
| &nbsp;&nbsp;&nbsp;2.00%, 11/01/50 | 1806 | 1491820 |
| &nbsp;&nbsp;&nbsp;2.00%, 12/01/50 | 61 | 50605 |
| &nbsp;&nbsp;&nbsp;2.00%, 01/01/51 | 757 | 625805 |
| &nbsp;&nbsp;&nbsp;2.00%, 02/01/51 | 419 | 345852 |
| &nbsp;&nbsp;&nbsp;2.00%, 03/01/51 | 2298 | 1896496 |
| &nbsp;&nbsp;&nbsp;2.00%, 04/01/51 | 1730 | 1427237 |
| &nbsp;&nbsp;&nbsp;2.00%, 05/01/51 | 1144 | 943371 |
| &nbsp;&nbsp;&nbsp;2.00%, 06/01/51 | 883 | 727162 |
| &nbsp;&nbsp;&nbsp;2.00%, 07/01/51 | 657 | 541601 |
| &nbsp;&nbsp;&nbsp;2.00%, 08/01/51 | 2105 | 1732597 |
| &nbsp;&nbsp;&nbsp;2.00%, 09/01/51 | 1908 | 1571974 |
| &nbsp;&nbsp;&nbsp;2.00%, 10/01/51 | 4804 | 3963163 |
| &nbsp;&nbsp;&nbsp;2.00%, 11/01/51 | 3435 | 2830966 |
| &nbsp;&nbsp;&nbsp;2.00%, 12/01/51 | 5261 | 4340001 |
| &nbsp;&nbsp;&nbsp;2.00%, 01/01/52 | 4292 | 3535985 |
| &nbsp;&nbsp;&nbsp;2.00%, 02/01/52 | 1996 | 1641559 |
| &nbsp;&nbsp;&nbsp;2.00%, 03/01/52 | 1017 | 835599 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.00%, 12/13/52<sup>(i)</sup> | 1204 | 991796 |
| &nbsp;&nbsp;&nbsp;2.50%, 07/01/32 | 446 | 420199 |
| &nbsp;&nbsp;&nbsp;2.50%, 11/01/34 | 45 | 41945 |
| &nbsp;&nbsp;&nbsp;2.50%, 10/01/35 | 121 | 112192 |
| &nbsp;&nbsp;&nbsp;2.50%, 03/01/36 | 99 | 91743 |
| &nbsp;&nbsp;&nbsp;2.50%, 05/01/36 | 533 | 492825 |
| &nbsp;&nbsp;&nbsp;2.50%, 06/01/36 | 96 | 88883 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Mortgage-Backed Securities (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 07/01/36 | $605 | $559619 |
| &nbsp;&nbsp;&nbsp;2.50%, 08/01/36 | 103 | 95525 |
| &nbsp;&nbsp;&nbsp;2.50%, 05/01/37 | 27 | 25180 |
| &nbsp;&nbsp;&nbsp;2.50%, 10/01/50 | 108 | 93229 |
| &nbsp;&nbsp;&nbsp;2.50%, 11/01/50 | 1410 | 1211249 |
| &nbsp;&nbsp;&nbsp;2.50%, 12/01/50 | 317 | 271958 |
| &nbsp;&nbsp;&nbsp;2.50%, 01/01/51 | 312 | 266908 |
| &nbsp;&nbsp;&nbsp;2.50%, 03/01/51 | 563 | 483397 |
| &nbsp;&nbsp;&nbsp;2.50%, 04/01/51 | 146 | 124870 |
| &nbsp;&nbsp;&nbsp;2.50%, 07/01/51 | 418 | 359757 |
| &nbsp;&nbsp;&nbsp;2.50%, 08/01/51 | 1627 | 1402372 |
| &nbsp;&nbsp;&nbsp;2.50%, 09/01/51 | 1750 | 1499300 |
| &nbsp;&nbsp;&nbsp;2.50%, 10/01/51 | 2936 | 2514419 |
| &nbsp;&nbsp;&nbsp;2.50%, 11/01/51 | 2587 | 2217037 |
| &nbsp;&nbsp;&nbsp;2.50%, 12/01/51 | 3648 | 3125925 |
| &nbsp;&nbsp;&nbsp;2.50%, 01/01/52 | 3210 | 2748653 |
| &nbsp;&nbsp;&nbsp;2.50%, 02/01/52 | 489 | 418415 |
| &nbsp;&nbsp;&nbsp;2.50%, 03/01/52 | 7492 | 6405945 |
| &nbsp;&nbsp;&nbsp;2.50%, 04/01/52 | 2124 | 1817513 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 12/13/52<sup>(i)</sup> | 2083 | 1781779 |
| &nbsp;&nbsp;&nbsp;3.00%, 03/01/30 | 117 | 112750 |
| &nbsp;&nbsp;&nbsp;3.00%, 09/01/34 | 469 | 444369 |
| &nbsp;&nbsp;&nbsp;3.00%, 03/01/35 | 42 | 40222 |
| &nbsp;&nbsp;&nbsp;3.00%, 07/01/35 | 32 | 30422 |
| &nbsp;&nbsp;&nbsp;3.00%, 10/01/35 | 262 | 247852 |
| &nbsp;&nbsp;&nbsp;3.00%, 07/01/37 | 457 | 430032 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 12/15/37<sup>(i)</sup> | 1575 | 1482153 |
| &nbsp;&nbsp;&nbsp;3.00%, 11/01/46 | 100 | 90366 |
| &nbsp;&nbsp;&nbsp;3.00%, 12/01/46 | 90 | 81196 |
| &nbsp;&nbsp;&nbsp;3.00%, 04/01/48 | 647 | 590287 |
| &nbsp;&nbsp;&nbsp;3.00%, 11/01/48 | 131 | 118525 |
| &nbsp;&nbsp;&nbsp;3.00%, 02/01/49 | 929 | 839989 |
| &nbsp;&nbsp;&nbsp;3.00%, 12/01/49 | 1298 | 1161533 |
| &nbsp;&nbsp;&nbsp;3.00%, 04/01/50 | 20 | 17865 |
| &nbsp;&nbsp;&nbsp;3.00%, 07/01/50 | 33 | 29608 |
| &nbsp;&nbsp;&nbsp;3.00%, 08/01/50 | 188 | 169137 |
| &nbsp;&nbsp;&nbsp;3.00%, 10/01/50 | 269 | 239509 |
| &nbsp;&nbsp;&nbsp;3.00%, 01/01/51 | 84 | 75200 |
| &nbsp;&nbsp;&nbsp;3.00%, 04/01/51 | 84 | 74512 |
| &nbsp;&nbsp;&nbsp;3.00%, 07/01/51 | 2311 | 2050882 |
| &nbsp;&nbsp;&nbsp;3.00%, 08/01/51 | 451 | 401592 |
| &nbsp;&nbsp;&nbsp;3.00%, 11/01/51 | 74 | 65335 |
| &nbsp;&nbsp;&nbsp;3.00%, 01/01/52 | 1356 | 1202344 |
| &nbsp;&nbsp;&nbsp;3.00%, 03/01/52 | 1905 | 1685705 |
| &nbsp;&nbsp;&nbsp;3.00%, 04/01/52 | 4746 | 4199615 |
| &nbsp;&nbsp;&nbsp;3.00%, 05/01/52 | 1184 | 1047693 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 12/13/52<sup>(i)</sup> | 2399 | 2122995 |
| &nbsp;&nbsp;&nbsp;3.50%, 02/01/34 | 132 | 128452 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 12/15/37<sup>(i)</sup> | 1125 | 1080791 |
| &nbsp;&nbsp;&nbsp;3.50%, 07/01/45 | 1846 | 1722775 |
| &nbsp;&nbsp;&nbsp;3.50%, 07/01/47 | 65 | 60302 |
| &nbsp;&nbsp;&nbsp;3.50%, 09/01/47 | 670 | 624308 |
| &nbsp;&nbsp;&nbsp;3.50%, 10/01/47 | 341 | 317650 |
| &nbsp;&nbsp;&nbsp;3.50%, 11/01/47 | 85 | 79179 |
| &nbsp;&nbsp;&nbsp;3.50%, 02/01/48 | 408 | 380387 |
| &nbsp;&nbsp;&nbsp;3.50%, 02/01/49 | 66 | 62298 |
| &nbsp;&nbsp;&nbsp;3.50%, 03/01/49 | 262 | 243814 |
| &nbsp;&nbsp;&nbsp;3.50%, 06/01/49 | 387 | 361005 |
| &nbsp;&nbsp;&nbsp;3.50%, 09/01/49 | 438 | 404889 |
| &nbsp;&nbsp;&nbsp;3.50%, 12/01/49 | 334 | 308561 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Mortgage-Backed Securities (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 05/01/50 | $448 | $412952 |
| &nbsp;&nbsp;&nbsp;3.50%, 02/01/51 | 1864 | 1724637 |
| &nbsp;&nbsp;&nbsp;3.50%, 10/01/51 | 826 | 768065 |
| &nbsp;&nbsp;&nbsp;3.50%, 06/01/52 | 2519 | 2308519 |
| &nbsp;&nbsp;&nbsp;3.50%, 07/01/52 | 343 | 315968 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 12/13/52<sup>(i)</sup> | 1891 | 1730856 |
| &nbsp;&nbsp;&nbsp;4.00%, 09/01/47 | 43 | 41377 |
| &nbsp;&nbsp;&nbsp;4.00%, 05/01/48 | 1294 | 1243792 |
| &nbsp;&nbsp;&nbsp;4.00%, 09/01/48 | 387 | 372169 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/01/49 | 195 | 187840 |
| &nbsp;&nbsp;&nbsp;4.00%, 07/01/49 | 797 | 765815 |
| &nbsp;&nbsp;&nbsp;4.00%, 08/01/49 | 284 | 274302 |
| &nbsp;&nbsp;&nbsp;4.00%, 04/01/50 | 589 | 565369 |
| &nbsp;&nbsp;&nbsp;4.00%, 05/01/50 | 273 | 260259 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/01/51 | 1392 | 1335893 |
| &nbsp;&nbsp;&nbsp;4.00%, 05/01/52 | 569 | 538433 |
| &nbsp;&nbsp;&nbsp;4.00%, 06/01/52 | 713 | 674497 |
| &nbsp;&nbsp;&nbsp;4.00%, 08/01/52 | 2210 | 2090494 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 12/13/52<sup>(i)</sup> | 1650 | 1560217 |
| &nbsp;&nbsp;&nbsp;4.50%, 04/01/49 | 91 | 89802 |
| &nbsp;&nbsp;&nbsp;4.50%, 10/01/50 | 153 | 148930 |
| &nbsp;&nbsp;&nbsp;4.50%, 06/01/52 | 773 | 751344 |
| &nbsp;&nbsp;&nbsp;4.50%, 09/01/52 | 931 | 905334 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 12/13/52<sup>(i)</sup> | 2601 | 2531505 |
| &nbsp;&nbsp;&nbsp;5.00%, 09/01/49 | 31 | 31271 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 12/13/52<sup>(i)</sup> | 4125 | 4104375 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 12/13/52<sup>(i)</sup> | 1675 | 1694015 |
|  |  | 186338991 |
| **U.S. Government Obligations — 35.4%** |  |  |
| U.S. Treasury Note/Bond |  |  |
| &nbsp;&nbsp;&nbsp;0.13%, 12/15/23 | 3250 | 3098926 |
| &nbsp;&nbsp;&nbsp;0.13%, 01/15/24 | 1500 | 1425879 |
| &nbsp;&nbsp;&nbsp;0.25%, 03/15/24 | 1710 | 1616484 |
| &nbsp;&nbsp;&nbsp;0.25%, 05/15/24 | 2600 | 2440852 |
| &nbsp;&nbsp;&nbsp;0.25%, 06/15/24 | 3875 | 3626455 |
| &nbsp;&nbsp;&nbsp;0.25%, 05/31/25 | 1250 | 1134082 |
| &nbsp;&nbsp;&nbsp;0.25%, 06/30/25 | 1150 | 1042637 |
| &nbsp;&nbsp;&nbsp;0.25%, 07/31/25 | 1200 | 1083656 |
| &nbsp;&nbsp;&nbsp;0.25%, 08/31/25 | 300 | 269953 |
| &nbsp;&nbsp;&nbsp;0.25%, 09/30/25 | 1280 | 1151600 |
| &nbsp;&nbsp;&nbsp;0.25%, 10/31/25 | 1300 | 1165227 |
| &nbsp;&nbsp;&nbsp;0.38%, 04/15/24 | 1850 | 1745937 |
| &nbsp;&nbsp;&nbsp;0.38%, 07/15/24 | 1300 | 1216465 |
| &nbsp;&nbsp;&nbsp;0.38%, 08/15/24 | 2400 | 2238656 |
| &nbsp;&nbsp;&nbsp;0.38%, 09/15/24 | 7740 | 7203037 |
| &nbsp;&nbsp;&nbsp;0.38%, 04/30/25 | 2590 | 2364184 |
| &nbsp;&nbsp;&nbsp;0.38%, 11/30/25 | 1400 | 1254859 |
| &nbsp;&nbsp;&nbsp;0.38%, 12/31/25 | 1560 | 1396809 |
| &nbsp;&nbsp;&nbsp;0.38%, 01/31/26 | 3770 | 3362369 |
| &nbsp;&nbsp;&nbsp;0.38%, 09/30/27 | 2300 | 1951047 |
| &nbsp;&nbsp;&nbsp;0.50%, 02/28/26 | 800 | 714250 |
| &nbsp;&nbsp;&nbsp;0.50%, 05/31/27 | 1000 | 861641 |
| &nbsp;&nbsp;&nbsp;0.50%, 08/31/27 | 1380 | 1180331 |
| &nbsp;&nbsp;&nbsp;0.50%, 10/31/27 | 230 | 195805 |
| &nbsp;&nbsp;&nbsp;0.63%, 10/15/24 | 4040 | 3768247 |
| &nbsp;&nbsp;&nbsp;0.63%, 07/31/26 | 2000 | 1772344 |
| &nbsp;&nbsp;&nbsp;0.63%, 11/30/27 | 700 | 598336 |
| &nbsp;&nbsp;&nbsp;0.63%, 12/31/27 | 1745 | 1488294 |
| &nbsp;&nbsp;&nbsp;0.63%, 05/15/30 | 115 | 92431 |
| &nbsp;&nbsp;&nbsp;0.63%, 08/15/30 | 2050 | 1638078 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **U.S. Government Obligations (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;0.75%, 12/31/23 | $2000 | $1916094 |
| &nbsp;&nbsp;&nbsp;0.75%, 11/15/24 | 5150 | 4801771 |
| &nbsp;&nbsp;&nbsp;0.75%, 03/31/26 | 300 | 269836 |
| &nbsp;&nbsp;&nbsp;0.75%, 04/30/26 | 1400 | 1254750 |
| &nbsp;&nbsp;&nbsp;0.75%, 08/31/26 | 600 | 532969 |
| &nbsp;&nbsp;&nbsp;0.75%, 01/31/28 | 2700 | 2312719 |
| &nbsp;&nbsp;&nbsp;0.88%, 01/31/24 | 1950 | 1866211 |
| &nbsp;&nbsp;&nbsp;0.88%, 06/30/26 | 6300 | 5647852 |
| &nbsp;&nbsp;&nbsp;0.88%, 09/30/26 | 6900 | 6146391 |
| &nbsp;&nbsp;&nbsp;0.88%, 11/15/30 | 1190 | 967247 |
| &nbsp;&nbsp;&nbsp;1.00%, 12/15/24 | 1770 | 1655227 |
| &nbsp;&nbsp;&nbsp;1.00%, 07/31/28 | 2100 | 1800750 |
| &nbsp;&nbsp;&nbsp;1.13%, 01/15/25 | 4840 | 4528047 |
| &nbsp;&nbsp;&nbsp;1.13%, 10/31/26 | 3100 | 2784187 |
| &nbsp;&nbsp;&nbsp;1.13%, 02/28/27 | 700 | 624750 |
| &nbsp;&nbsp;&nbsp;1.13%, 02/29/28 | 2130 | 1859091 |
| &nbsp;&nbsp;&nbsp;1.13%, 08/31/28 | 2400 | 2070000 |
| &nbsp;&nbsp;&nbsp;1.13%, 02/15/31 | 1015 | 841181 |
| &nbsp;&nbsp;&nbsp;1.13%, 05/15/40 | 2950 | 1887539 |
| &nbsp;&nbsp;&nbsp;1.13%, 08/15/40 | 1390 | 882867 |
| &nbsp;&nbsp;&nbsp;1.25%, 11/30/26 | 1900 | 1712523 |
| &nbsp;&nbsp;&nbsp;1.25%, 12/31/26 | 2700 | 2428523 |
| &nbsp;&nbsp;&nbsp;1.25%, 03/31/28 | 2550 | 2236031 |
| &nbsp;&nbsp;&nbsp;1.25%, 04/30/28 | 1400 | 1225438 |
| &nbsp;&nbsp;&nbsp;1.25%, 05/31/28 | 2600 | 2270937 |
| &nbsp;&nbsp;&nbsp;1.25%, 06/30/28 | 4660 | 4062209 |
| &nbsp;&nbsp;&nbsp;1.25%, 09/30/28 | 4700 | 4075414 |
| &nbsp;&nbsp;&nbsp;1.25%, 08/15/31 | 2550 | 2100562 |
| &nbsp;&nbsp;&nbsp;1.25%, 05/15/50 | 1055 | 588492 |
| &nbsp;&nbsp;&nbsp;1.38%, 10/31/28 | 1970 | 1717748 |
| &nbsp;&nbsp;&nbsp;1.38%, 12/31/28 | 1400 | 1219422 |
| &nbsp;&nbsp;&nbsp;1.38%, 11/15/31 | 2950 | 2441586 |
| &nbsp;&nbsp;&nbsp;1.38%, 11/15/40 | 1480 | 981425 |
| &nbsp;&nbsp;&nbsp;1.38%, 08/15/50 | 1840 | 1060875 |
| &nbsp;&nbsp;&nbsp;1.50%, 02/29/24 | 3000 | 2886094 |
| &nbsp;&nbsp;&nbsp;1.50%, 02/15/25 | 14750 | 13879981 |
| &nbsp;&nbsp;&nbsp;1.50%, 08/15/26 | 1400 | 1280781 |
| &nbsp;&nbsp;&nbsp;1.50%, 01/31/27 | 2000 | 1815156 |
| &nbsp;&nbsp;&nbsp;1.50%, 11/30/28 | 2300 | 2017352 |
| &nbsp;&nbsp;&nbsp;1.63%, 05/15/26 | 1650 | 1523027 |
| &nbsp;&nbsp;&nbsp;1.63%, 10/31/26 | 600 | 549750 |
| &nbsp;&nbsp;&nbsp;1.63%, 05/15/31 | 3400 | 2908594 |
| &nbsp;&nbsp;&nbsp;1.63%, 11/15/50 | 2000 | 1235000 |
| &nbsp;&nbsp;&nbsp;1.75%, 03/15/25 | 910 | 860590 |
| &nbsp;&nbsp;&nbsp;1.75%, 01/31/29 | 2300 | 2043047 |
| &nbsp;&nbsp;&nbsp;1.75%, 08/15/41 | 2820 | 1966950 |
| &nbsp;&nbsp;&nbsp;1.88%, 02/28/27 | 6800 | 6263969 |
| &nbsp;&nbsp;&nbsp;1.88%, 02/28/29 | 5250 | 4699980 |
| &nbsp;&nbsp;&nbsp;1.88%, 02/15/32 | 4150 | 3576133 |
| &nbsp;&nbsp;&nbsp;1.88%, 02/15/41 | 1150 | 831055 |
| &nbsp;&nbsp;&nbsp;1.88%, 02/15/51 | 2470 | 1628270 |
| &nbsp;&nbsp;&nbsp;1.88%, 11/15/51 | 1570 | 1032520 |
| &nbsp;&nbsp;&nbsp;2.00%, 04/30/24 | 500 | 482051 |
| &nbsp;&nbsp;&nbsp;2.00%, 06/30/24 | 720 | 692072 |
| &nbsp;&nbsp;&nbsp;2.00%, 11/15/26 | 4000 | 3715000 |
| &nbsp;&nbsp;&nbsp;2.00%, 11/15/41 | 1800 | 1311188 |
| &nbsp;&nbsp;&nbsp;2.00%, 02/15/50 | 900 | 614672 |
| &nbsp;&nbsp;&nbsp;2.00%, 08/15/51 | 3150 | 2141016 |
| &nbsp;&nbsp;&nbsp;2.13%, 11/30/24 | 450 | 430998 |
| &nbsp;&nbsp;&nbsp;2.25%, 11/15/24 | 1600 | 1536312 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **U.S. Government Obligations (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;2.25%, 11/15/25 | $1550 | $1471410 |
| &nbsp;&nbsp;&nbsp;2.25%, 03/31/26 | 600 | 567375 |
| &nbsp;&nbsp;&nbsp;2.25%, 02/15/27 | 570 | 533262 |
| &nbsp;&nbsp;&nbsp;2.25%, 08/15/27 | 700 | 651875 |
| &nbsp;&nbsp;&nbsp;2.25%, 11/15/27 | 1000 | 928203 |
| &nbsp;&nbsp;&nbsp;2.25%, 05/15/41 | 3150 | 2421562 |
| &nbsp;&nbsp;&nbsp;2.25%, 08/15/46 | 2300 | 1669297 |
| &nbsp;&nbsp;&nbsp;2.25%, 02/15/52 | 3620 | 2616016 |
| &nbsp;&nbsp;&nbsp;2.38%, 08/15/24 | 2000 | 1929609 |
| &nbsp;&nbsp;&nbsp;2.38%, 05/15/27 | 1200 | 1125750 |
| &nbsp;&nbsp;&nbsp;2.38%, 03/31/29 | 1680 | 1546387 |
| &nbsp;&nbsp;&nbsp;2.38%, 05/15/29 | 1000 | 920391 |
| &nbsp;&nbsp;&nbsp;2.38%, 02/15/42 | 4300 | 3347281 |
| &nbsp;&nbsp;&nbsp;2.38%, 05/15/51 | 3000 | 2231250 |
| &nbsp;&nbsp;&nbsp;2.50%, 03/31/27 | 1700 | 1605836 |
| &nbsp;&nbsp;&nbsp;2.50%, 02/15/45 | 1375 | 1060254 |
| &nbsp;&nbsp;&nbsp;2.50%, 02/15/46 | 1360 | 1041675 |
| &nbsp;&nbsp;&nbsp;2.50%, 05/15/46 | 1700 | 1299703 |
| &nbsp;&nbsp;&nbsp;2.63%, 12/31/23 | 500 | 488965 |
| &nbsp;&nbsp;&nbsp;2.63%, 01/31/26 | 560 | 536550 |
| &nbsp;&nbsp;&nbsp;2.63%, 05/31/27 | 1000 | 949375 |
| &nbsp;&nbsp;&nbsp;2.63%, 02/15/29 | 1000 | 935234 |
| &nbsp;&nbsp;&nbsp;2.63%, 07/31/29 | 1000 | 933438 |
| &nbsp;&nbsp;&nbsp;2.75%, 05/15/25 | 3000 | 2898281 |
| &nbsp;&nbsp;&nbsp;2.75%, 04/30/27 | 1000 | 954297 |
| &nbsp;&nbsp;&nbsp;2.75%, 05/31/29 | 1400 | 1316984 |
| &nbsp;&nbsp;&nbsp;2.75%, 08/15/32 | 2400 | 2224125 |
| &nbsp;&nbsp;&nbsp;2.75%, 08/15/42 | 690 | 568172 |
| &nbsp;&nbsp;&nbsp;2.75%, 11/15/42 | 200 | 164250 |
| &nbsp;&nbsp;&nbsp;2.75%, 08/15/47 | 1150 | 922336 |
| &nbsp;&nbsp;&nbsp;2.75%, 11/15/47 | 1000 | 802188 |
| &nbsp;&nbsp;&nbsp;2.88%, 05/31/25 | 600 | 581156 |
| &nbsp;&nbsp;&nbsp;2.88%, 06/15/25 | 2250 | 2180566 |
| &nbsp;&nbsp;&nbsp;2.88%, 08/15/28 | 600 | 570750 |
| &nbsp;&nbsp;&nbsp;2.88%, 04/30/29 | 1200 | 1137656 |
| &nbsp;&nbsp;&nbsp;2.88%, 05/15/32 | 3600 | 3376125 |
| &nbsp;&nbsp;&nbsp;2.88%, 08/15/45 | 960 | 790200 |
| &nbsp;&nbsp;&nbsp;2.88%, 11/15/46 | 600 | 493031 |
| &nbsp;&nbsp;&nbsp;2.88%, 05/15/49 | 200 | 165719 |
| &nbsp;&nbsp;&nbsp;2.88%, 05/15/52 | 2800 | 2329250 |
| &nbsp;&nbsp;&nbsp;3.00%, 06/30/24 | 3000 | 2928750 |
| &nbsp;&nbsp;&nbsp;3.00%, 09/30/25 | 1480 | 1436641 |
| &nbsp;&nbsp;&nbsp;3.00%, 10/31/25 | 250 | 242520 |
| &nbsp;&nbsp;&nbsp;3.00%, 05/15/42 | 250 | 215586 |
| &nbsp;&nbsp;&nbsp;3.00%, 11/15/44 | 500 | 422500 |
| &nbsp;&nbsp;&nbsp;3.00%, 05/15/45 | 990 | 833920 |
| &nbsp;&nbsp;&nbsp;3.00%, 11/15/45 | 400 | 336625 |
| &nbsp;&nbsp;&nbsp;3.00%, 02/15/47 | 1200 | 1007250 |
| &nbsp;&nbsp;&nbsp;3.00%, 05/15/47 | 600 | 504188 |
| &nbsp;&nbsp;&nbsp;3.00%, 02/15/48 | 1200 | 1010625 |
| &nbsp;&nbsp;&nbsp;3.00%, 08/15/48 | 400 | 337938 |
| &nbsp;&nbsp;&nbsp;3.00%, 08/15/52 | 1200 | 1028250 |
| &nbsp;&nbsp;&nbsp;3.13%, 08/15/25 | 1130 | 1100779 |
| &nbsp;&nbsp;&nbsp;3.13%, 11/15/28 | 700 | 674023 |
| &nbsp;&nbsp;&nbsp;3.13%, 08/31/29 | 1800 | 1732500 |
| &nbsp;&nbsp;&nbsp;3.13%, 08/15/44 | 500 | 431953 |
| &nbsp;&nbsp;&nbsp;3.13%, 05/15/48 | 1000 | 863906 |
| &nbsp;&nbsp;&nbsp;3.25%, 06/30/27 | 1700 | 1656305 |
| &nbsp;&nbsp;&nbsp;3.25%, 06/30/29 | 1500 | 1453594 |
| &nbsp;&nbsp;&nbsp;3.25%, 05/15/42 | 1300 | 1167969 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par/* |  |
|  | *Shares* |  |
| *Security* | *(000)* | *Value* |
| **U.S. Government Obligations (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.38%, 05/15/44 | $100 | $90156 |
| &nbsp;&nbsp;&nbsp;3.38%, 11/15/48 | 500 | 453359 |
| &nbsp;&nbsp;&nbsp;3.50%, 09/15/25 | 3000 | 2952187 |
| &nbsp;&nbsp;&nbsp;3.88%, 11/30/27 | 1000 | 1004063 |
| &nbsp;&nbsp;&nbsp;3.88%, 09/30/29 | 500 | 503750 |
| &nbsp;&nbsp;&nbsp;3.88%, 11/30/29 | 500 | 504453 |
| &nbsp;&nbsp;&nbsp;4.00%, 11/15/42 | 300 | 301406 |
| &nbsp;&nbsp;&nbsp;4.00%, 11/15/52 | 200 | 208063 |
| &nbsp;&nbsp;&nbsp;4.13%, 09/30/27 | 1200 | 1215094 |
| &nbsp;&nbsp;&nbsp;4.13%, 11/15/32 | 400 | 415813 |
| &nbsp;&nbsp;&nbsp;4.25%, 10/15/25 | 3000 | 3011719 |
| &nbsp;&nbsp;&nbsp;4.25%, 05/15/39 | 400 | 421375 |
| &nbsp;&nbsp;&nbsp;4.50%, 11/15/25 | 800 | 809125 |
| &nbsp;&nbsp;&nbsp;4.50%, 02/15/36 | 100 | 108875 |
| &nbsp;&nbsp;&nbsp;4.75%, 02/15/37 | 800 | 893250 |
| &nbsp;&nbsp;&nbsp;5.00%, 05/15/37 | 400 | 456500 |
|  |  | 272811887 |
| **Total U.S. Government & Agency Obligations — 59.6%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $512,926,391)** |  | 459150878 |
| **Total Long-Term Investments — 98.1%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $853,067,820)** |  | 755665802 |
| **Short-Term Securities** |  |  |
| **Money Market Funds — 6.5%** |  |  |
| BlackRock Cash Funds: Treasury, SL Agency Shares, 3.64%<sup>(j)(k)(l)</sup> | 50039 | 50038798 |
| **Total Short-Term Securities — 6.5%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $50,038,798)** |  | 50038798 |
| **Total Investments Before TBA Sales Commitments — 104.6%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $903,106,618)** |  | 805704600 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **TBA Sales Commitments<sup>(i)</sup>** |  |  |
| **Mortgage-Backed Securities — (0.1)%** |  |  |
| Uniform Mortgage-Backed Securities, 5.00%, 12/13/52 | $(525) | $(522375) |
| **Total TBA Sales Commitments — (0.1)%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Proceeds: $(515938))** |  | (522375) |
| **Total Investments, Net of TBA Sales Commitments — 104.5%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $902,590,680)** |  | 805182225 |
| **Liabilities in Excess of Other Assets — (4.5)%** |  | (34946414) |
| **Net Assets — 100.0%** |  | $770235811 |

---

 

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

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

<sup>(c)</sup> All or a portion of this security is on loan.

<sup>(d)</sup> This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the Securities Act of 1933.

<sup>(e)</sup> Perpetual security with no stated maturity date.

<sup>(f)</sup> Zero-coupon bond.

<sup>(g)</sup> U.S. dollar denominated security issued by foreign domiciled entity.

<sup>(h)</sup> Step coupon security. Coupon rate will either increase (step-up bond) or decrease (step-down bond) at regular intervals until maturity. Interest rate shown reflects the rate currently in effect.

<sup>(i)</sup> Represents or includes a TBA transaction.

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

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

<sup>(l)</sup> All or a portion of this security was purchased with the cash collateral from loaned securities.

**Affiliates**

Investments in issuers considered to be affiliate(s) of the Fund during the period ended November 30, 2022 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at*<br> *02/28/22* | *Purchases*<br> *at Cost* | *Proceeds*<br> *from Sale* | *Net Realized*<br> *Gain (Loss)* | *Change in*<br> *Unrealized*<br> *Appreciation*<br> *(Depreciation)* | *Value at*<br> *11/30/22* | *Shares*<br> *Held at*<br> *11/30/22*<br> *(000)* | *Income* | *Capital Gain*<br> *Distributions from*<br> *Underlying Funds* |
| BlackRock Cash Funds: Treasury, SL Agency Shares | $61606954 | $&nbsp;&nbsp;&nbsp;&nbsp;— | $(11568156) <sup>(a)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;— | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | $50038798 | 50039 | $645498 <sup>(b)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |

---

 

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

<sup>(b)</sup> All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of fees and collateral investment expenses, and other payments to and from borrowers of securities.

**Fair Value Hierarchy as of Period End**

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

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

● Level 2 – Other observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs); and

● Level 3 – Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Valuation Committee's assumptions used in determining the fair value of financial instruments).

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> ESG Advanced Total USD Bond Market ETF** |
| November 30, 2022 |  |

---

**Fair Value Hierarchy as of Period End (continued)**

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

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| Investments |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asset-Backed Securities | $— | $1666500 | $— | $1666500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Collaterized Mortgage Obligations |  | 8513939 |  | 8513939 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corporate Bonds & Notes |  | 242126125 |  | 242126125 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Foreign Government Obligations |  | 44208360 |  | 44208360 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Government & Agency Obligations |  | 459150878 |  | 459150878 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 50038798 |  |  | 50038798 |
|  | 50038798 | 755665802 |  | 805704600 |
| &nbsp;&nbsp;&nbsp;Liabilities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TBA Sales Commitments |  | (522375) |  | (522375) |
|  | $50038798 | $755143427 | $— | $805182225 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Portfolio Abbreviation** | **Portfolio Abbreviation** |  |  |
| LIBOR | London Interbank Offered Rate | SOFR | Secured Overnight Financing Rate |
| PIK | Payment-in-kind | TBA | To-Be-Announced |
| PJSC | Public Joint Stock Company |  |  |
| REIT | Real Estate Investment Trust |  |  |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** San Francisco

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94105

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

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

- **a. Name of Series:** iShares ESG Advanced Total USD Bond Market ETF

- **b. EDGAR series identifier (if any):** S000068817

- **c. LEI of Series:** 5493003MW3304SOSOX56

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

- **a. Date of fiscal year-end:** 2023-02-28

- **b. Date as of which information is reported:** 2022-11-30

**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:** $812471949.37

**Total Liabilities:** $46488543.09

**Net Assets:** $765983406.28

**Cash Not Reported:** $6835.49

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 8.34000000 | **1-Year:** 9561.81000000 | **5-Year:** 92784.55000000 | **10-Year:** 117860.25000000 | **30-Year:** 62918.27000000

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

- **3-Month:** 0.00000000 | **1-Year:** 692.03000000 | **5-Year:** 11159.28000000 | **10-Year:** 3010.71000000 | **30-Year:** 1510.39000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000219898 | -4.15%               | -1.12%               | 3.51%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2167879.77             | $-31938580.32                              |
| Month 2  | $-2692296.39             | $-7386284.42                               |
| Month 3  | $-3905927.53             | $27864033.97                               |

**Designated Index Information**

- **Index Name:** Bloomberg MSCI US Universal Choice ESG Screened Index

- **Index Identifier:** I35573US

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| NOMURA HOLDINGS INC                              | Nomura Holdings Inc                                                              | CUSIP: 65535HAQ2<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $167048.00    | 0.02%             | 2030-01-16      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Micron Technology Inc                            | Micron Technology Inc                                                            | CUSIP: 595112BN2<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |     66000 | PA      | $64115.70     | 0.01%             | 2029-02-06      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                 | Crown Castle Inc                                                                 | CUSIP: 22822VAC5<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |     55000 | PA      | $52374.85     | 0.01%             | 2026-06-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132D6NX4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    148588 | PA      | $133723.67    | 0.02%             | 2036-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| DNB BANK ASA                                     | DNB Bank ASA                                                                     | CUSIP: 25601B2D6<br>LEI: 549300GKFG0RYRRQ1414 | Long             | DBT              | CORP              | NO        |     15000 | PA      | $14471.25     | 0.00%             | 2025-03-28      | Fixed         | 2.97%                 | No            |                  2 | On Loan: No      |
| AMERICAN WATER CAPITAL C                         | American Water Capital Corp                                                      | CUSIP: 03040WAW5<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |     55000 | PA      | $47920.95     | 0.01%             | 2030-05-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| BRIXMOR OPERATING PART                           | Brixmor Operating Partnership LP                                                 | CUSIP: 11120VAE3<br>LEI: 549300CJHBL7JBUA6503 | Long             | DBT              |  | US        |     60000 | PA      | $55684.20     | 0.01%             | 2027-03-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| CONTEMPRY RUIDNG DEVELOP                         | Contemporary Ruiding Development Ltd                                             | CUSIP: 000000000<br>LEI: 549300MSU00BINFBY870 | Long             | DBT              | CORP              | VG        |    200000 | PA      | $179532.00    | 0.02%             | 2025-09-17      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QQLR4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    149431 | PA      | $149732.85    | 0.02%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASTERCARD INC                                   | Mastercard Inc                                                                   | CUSIP: 57636QAT1<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |     67000 | PA      | $49845.99     | 0.01%             | 2051-03-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| ELEMENT FLEET MANAGEMENT                         | Element Fleet Management Corp                                                    | CUSIP: 286181AF9<br>LEI: 5493000PGBS1C22ELQ16 | Long             | DBT              | CORP              | CA        |    117000 | PA      | $110549.79    | 0.01%             | 2024-04-06      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DNVC4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    125000 | PA      | $124544.20    | 0.02%             | 2052-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ANALOG DEVICES INC                               | Analog Devices Inc                                                               | CUSIP: 032654AW5<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | DBT              | CORP              | US        |     55000 | PA      | $41377.05     | 0.01%             | 2041-10-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: —       |
| TRAVEL + LEISURE CO                              | Travel + Leisure Co                                                              | CUSIP: 98310WAM0<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |     35000 | PA      | $34393.45     | 0.00%             | 2025-10-01      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAP LLC/C                         | Outfront Media Capital LLC / Outfront Media Capital Corp                         | CUSIP: 69007TAC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $33758.80     | 0.00%             | 2030-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133L8W50<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     69165 | PA      | $62193.12     | 0.01%             | 2037-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NATIONSTAR MTG HLD INC                           | Nationstar Mortgage Holdings Inc                                                 | CUSIP: 63861CAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $45459.50     | 0.01%             | 2027-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| KEYCORP                                          | KeyCorp                                                                          | CUSIP: 49326EEJ8<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | DBT              | CORP              | US        |    150000 | PA      | $126903.00    | 0.02%             | 2029-10-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                   | Morgan Stanley                                                                   | CUSIP: 61747YEF8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    230000 | PA      | $170641.60    | 0.02%             | 2036-09-16      | Fixed         | 2.48%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                         | Intercontinental Exchange Inc                                                    | CUSIP: 45866FAF1<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |    104000 | PA      | $97505.20     | 0.01%             | 2027-09-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL                         | Penske Truck Leasing Co Lp / PTL Finance Corp                                    | CUSIP: 709599AX2<br>LEI: 549300ZX07JYMI8GHQ39 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4719.15      | 0.00%             | 2027-04-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                              | Nomura Holdings Inc                                                              | CUSIP: 65535HAW9<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |    215000 | PA      | $187662.75    | 0.02%             | 2026-07-14      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| MACY'S RETAIL HLDGS LLC                          | Macy's Retail Holdings LLC                                                       | CUSIP: 55617LAP7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $37204.40     | 0.00%             | 2029-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| EQUINIX INC                                      | Equinix Inc                                                                      | CUSIP: 29444UBH8<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              |  | US        |     99000 | PA      | $79482.15     | 0.01%             | 2030-07-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| HILTON GRAND VAC BOR ESC                         | Hilton Grand Vacations Borrower Escrow LLC / Hilton Grand Vacations Borrower Esc | CUSIP: 43284MAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     70000 | PA      | $60632.60     | 0.01%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179WTZ1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    483568 | PA      | $437354.03    | 0.06%             | 2051-12-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| WESTERN UNION CO/THE                             | Western Union Co/The                                                             | CUSIP: 959802BA6<br>LEI: 28ID94QU1140NC23S047 | Long             | DBT              | CORP              | US        |     50000 | PA      | $38308.00     | 0.01%             | 2031-03-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132D6BM1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    360334 | PA      | $315000.58    | 0.04%             | 2037-03-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| PROGRESSIVE CORP                                 | Progressive Corp/The                                                             | CUSIP: 743315AT0<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |     65000 | PA      | $54809.95     | 0.01%             | 2048-03-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Zoetis Inc                                       | Zoetis Inc                                                                       | CUSIP: 98978VAH6<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |    119000 | PA      | $110777.10    | 0.01%             | 2043-02-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                              | American Tower Corp                                                              | CUSIP: 03027XBJ8<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     45000 | PA      | $37233.45     | 0.00%             | 2028-01-31      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| TELEDYNE FLIR LLC                                | Teledyne FLIR LLC                                                                | CUSIP: 302445AE1<br>LEI: 5493000HDPX16EHNN346 | Long             | DBT              | CORP              | US        |     52000 | PA      | $42496.48     | 0.01%             | 2030-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                          | BPCE SA                                                                          | CUSIP: 05578QAD5<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $191232.00    | 0.02%             | 2025-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KM4V4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    232464 | PA      | $191714.19    | 0.03%             | 2051-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CAH4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1380000 | PA      | $1180331.25   | 0.15%             | 2027-08-31      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| FERGUSON FINANCE PLC                             | Ferguson Finance PLC                                                             | CUSIP: 314890AB0<br>LEI: 2138003A7ZEU931DZL61 | Long             | DBT              | CORP              | GB        |     30000 | PA      | $25426.80     | 0.00%             | 2030-06-02      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                          | Dell International LLC / EMC Corp                                                | CUSIP: 24703TAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     67000 | PA      | $68969.13     | 0.01%             | 2027-07-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810SE9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    500000 | PA      | $453359.38    | 0.06%             | 2048-11-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912828R36<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1650000 | PA      | $1523027.35   | 0.20%             | 2026-05-15      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179VQT0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    131638 | PA      | $119774.46    | 0.02%             | 2050-07-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                   | Morgan Stanley                                                                   | CUSIP: 6174468P7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    335000 | PA      | $298753.00    | 0.04%             | 2031-04-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                     | Comcast Corp                                                                     | CUSIP: 20030NCT6<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    500000 | PA      | $485090.00    | 0.06%             | 2028-10-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QLFF8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    114210 | PA      | $97953.66     | 0.01%             | 2051-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SKYWORKS SOLUTIONS INC                           | Skyworks Solutions Inc                                                           | CUSIP: 83088MAL6<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | DBT              | CORP              | US        |     42000 | PA      | $32809.56     | 0.00%             | 2031-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| LSEGA FINANCING PLC                              | LSEGA Financing PLC                                                              | CUSIP: 50220PAB9<br>LEI: 2138009YFYTGEHZNNZ09 | Long             | DBT              | CORP              | GB        |     30000 | PA      | $26565.00     | 0.00%             | 2026-04-06      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                     | Broadcom Inc                                                                     | CUSIP: 11135FBQ3<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    205000 | PA      | $149967.75    | 0.02%             | 2036-11-15      | Fixed         | 3.19%                 | No            |                  2 | On Loan: No      |
| eBay Inc                                         | eBay Inc                                                                         | CUSIP: 278642AL7<br>LEI: OML71K8X303XQONU6T67 | Long             | DBT              | CORP              | US        |     87000 | PA      | $84995.52     | 0.01%             | 2024-08-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Adobe Inc                                        | Adobe Inc                                                                        | CUSIP: 00724FAC5<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | DBT              | CORP              | US        |    117000 | PA      | $114395.58    | 0.01%             | 2025-02-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XDX35<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     70750 | PA      | $60685.69     | 0.01%             | 2051-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XBKS8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    120949 | PA      | $112533.46    | 0.01%             | 2049-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Lincoln National Corp                            | Lincoln National Corp                                                            | CUSIP: 534187BF5<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |     70000 | PA      | $65979.90     | 0.01%             | 2026-12-12      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| COOPERATIEVE RABOBANK UA                         | Cooperatieve Rabobank UA                                                         | CUSIP: 74977RDH4<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |    300000 | PA      | $269046.00    | 0.04%             | 2026-06-24      | Fixed         | 1.34%                 | No            |                  2 | On Loan: No      |
| SKYWORKS SOLUTIONS INC                           | Skyworks Solutions Inc                                                           | CUSIP: 83088MAK8<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | DBT              | CORP              | US        |    212000 | PA      | $185881.60    | 0.02%             | 2026-06-01      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133L8CY9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     58396 | PA      | $52541.61     | 0.01%             | 2036-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CISCO SYSTEMS INC                                | Cisco Systems Inc                                                                | CUSIP: 17275RAN2<br>LEI: 8E6NF1YAL0WT6CWXXV93 | Long             | DBT              | CORP              | US        |     96000 | PA      | $94938.24     | 0.01%             | 2024-03-04      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                              | American Tower Corp                                                              | CUSIP: 03027XBC3<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |    129000 | PA      | $103651.50    | 0.01%             | 2030-06-15      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                     | UBS Group AG                                                                     | CUSIP: 902613AE8<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    205000 | PA      | $155406.40    | 0.02%             | 2032-02-11      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| Northern Trust Corp                              | Northern Trust Corp                                                              | CUSIP: 665859AS3<br>LEI: 549300GLF98S992BC502 | Long             | DBT              | CORP              | US        |    110000 | PA      | $99939.40     | 0.01%             | 2032-05-08      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                          | John Deere Capital Corp                                                          | CUSIP: 24422EVN6<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     17000 | PA      | $16237.38     | 0.00%             | 2024-01-17      | Fixed         | 0.45%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VBT0<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     42000 | PA      | $47289.48     | 0.01%             | 2043-09-15      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912828V98<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    570000 | PA      | $533261.72    | 0.07%             | 2027-02-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| ESTEE LAUDER CO INC                              | Estee Lauder Cos Inc/The                                                         | CUSIP: 29736RAK6<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | DBT              | CORP              | US        |     70000 | PA      | $61565.00     | 0.01%             | 2047-03-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                          | Oncor Electric Delivery Co LLC                                                   | CUSIP: 68233JBH6<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |      6000 | PA      | $5687.34      | 0.00%             | 2028-11-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| DEERE & COMPANY                                  | Deere & Co                                                                       | CUSIP: 244199BG9<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | DBT              | CORP              | US        |     35000 | PA      | $25640.30     | 0.00%             | 2049-09-07      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae                                                                       | CUSIP: 21H0326C9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1836000 | PA      | $1704324.38   | 0.22%             | 2052-12-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| LINDE INC/CT                                     | Linde Inc/CT                                                                     | CUSIP: 74005PBN3<br>LEI: ZU69GUVJQGZ6Z1UOOO79 | Long             | DBT              | CORP              | US        |     35000 | PA      | $33646.55     | 0.00%             | 2025-02-05      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VEU4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    333000 | PA      | $314242.11    | 0.04%             | 2029-12-03      | Fixed         | 4.02%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810SN9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1055000 | PA      | $588492.19    | 0.08%             | 2050-05-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                      | Equinix Inc                                                                      | CUSIP: 29444UBL9<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              |  | US        |     55000 | PA      | $45871.65     | 0.01%             | 2028-03-15      | Fixed         | 1.55%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                         | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AH4<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |     35000 | PA      | $34295.10     | 0.00%             | 2028-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Aflac Inc                                        | Aflac Inc                                                                        | CUSIP: 001055BJ0<br>LEI: 549300N0B7DOGLXWPP39 | Long             | DBT              | CORP              | US        |    143000 | PA      | $132150.59    | 0.02%             | 2030-04-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| FEDERAL REALTY INVS TRST                         | Federal Realty Investment Trust                                                  | CUSIP: 313747BA4<br>LEI: 549300LI6XZ51GOCJ427 | Long             | DBT              |  | US        |     96000 | PA      | $83361.60     | 0.01%             | 2030-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC                           | Lumen Technologies Inc                                                           | CUSIP: 156700AT3<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |     40000 | PA      | $26490.00     | 0.00%             | 2042-03-15      | Fixed         | 7.65%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822BU7<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $159304.00    | 0.02%             | 2030-07-17      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| IND & COMM BK CHN MACAU                          | Industrial & Commercial Bank of China Macau Ltd                                  | CUSIP: 000000000<br>LEI: 30030037RFQWUFQG0Y77 | Long             | DBT              | CORP              | MO        |    200000 | PA      | $190354.00    | 0.02%             | 2029-09-12      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                        | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F0124C7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1281500 | PA      | $1123089.58   | 0.15%             | 2037-12-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| John Deere Capital Corp                          | John Deere Capital Corp                                                          | CUSIP: 24422ETH2<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     37000 | PA      | $34865.84     | 0.00%             | 2026-06-10      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCKS FINAN NA                          | Daimler Trucks Finance North America LLC                                         | CUSIP: 233853AH3<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |     75000 | PA      | $58706.25     | 0.01%             | 2031-12-14      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                   | Home Depot Inc/The                                                               | CUSIP: 437076CQ3<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     10000 | PA      | $7946.00      | 0.00%             | 2052-04-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CDQ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2700000 | PA      | $2428523.45   | 0.32%             | 2026-12-31      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179R4D8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    284249 | PA      | $260818.60    | 0.03%             | 2046-03-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PRUDENTIAL FINANCIAL INC                         | Prudential Financial Inc                                                         | CUSIP: 74432QCF0<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |     80000 | PA      | $62179.20     | 0.01%             | 2051-03-13      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                              | Sherwin-Williams Co/The                                                          | CUSIP: 824348BP0<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |     60000 | PA      | $38852.40     | 0.01%             | 2052-03-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XCUG1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    318211 | PA      | $282955.68    | 0.04%             | 2051-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810RN0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    960000 | PA      | $790200.00    | 0.10%             | 2045-08-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| MET LIFE GLOB FUNDING I                          | Metropolitan Life Global Funding I                                               | CUSIP: 59217GEJ4<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9058.70      | 0.00%             | 2025-07-02      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                 | Coca-Cola Co/The                                                                 | CUSIP: 191216CM0<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |    112000 | PA      | $97554.24     | 0.01%             | 2029-09-06      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                              | Elevance Health Inc                                                              | CUSIP: 036752AB9<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    230000 | PA      | $218861.10    | 0.03%             | 2027-12-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Owens Corning                                    | Owens Corning                                                                    | CUSIP: 690742AG6<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |     50000 | PA      | $39722.00     | 0.01%             | 2047-07-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| HCA INC                                          | HCA Inc                                                                          | CUSIP: 404119CG2<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    150000 | PA      | $120669.00    | 0.02%             | 2052-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MCQ1<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     35000 | PA      | $24904.95     | 0.00%             | 2042-01-14      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| Ball Corp                                        | Ball Corp                                                                        | CUSIP: 058498AV8<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48511.00     | 0.01%             | 2026-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAS4<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    160000 | PA      | $141177.60    | 0.02%             | 2026-01-30      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Republic of Poland                               | Republic of Poland Government International Bond                                 | CUSIP: 857524AC6<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |    160000 | PA      | $158512.00    | 0.02%             | 2024-01-22      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                           | PNC Financial Services Group Inc/The                                             | CUSIP: 693475AX3<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    170000 | PA      | $157906.20    | 0.02%             | 2026-07-23      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| CARRIER GLOBAL CORP                              | Carrier Global Corp                                                              | CUSIP: 14448CAN4<br>LEI: 549300JE3W6CWY2NAN77 | Long             | DBT              | CORP              | US        |     40000 | PA      | $37775.60     | 0.00%             | 2025-02-15      | Fixed         | 2.24%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAP LLC/C                         | Outfront Media Capital LLC / Outfront Media Capital Corp                         | CUSIP: 69007TAE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     42000 | PA      | $35408.94     | 0.00%             | 2029-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 9128286B1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1000000 | PA      | $935234.38    | 0.12%             | 2029-02-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL LFE GLB FND II                         | Principal Life Global Funding II                                                 | CUSIP: 74256LAU3<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |     65000 | PA      | $60481.85     | 0.01%             | 2026-04-18      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810RY6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1150000 | PA      | $922335.94    | 0.12%             | 2047-08-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| US Bancorp                                       | US Bancorp                                                                       | CUSIP: 91159HHU7<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9820.80      | 0.00%             | 2025-11-17      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                              | Moody's Corp                                                                     | CUSIP: 615369AT2<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |     46000 | PA      | $32464.04     | 0.00%             | 2050-05-20      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| SMITHFIELD FOODS INC                             | Smithfield Foods Inc                                                             | CUSIP: 832248BD9<br>LEI: CVTIPZRZJC0JQEZLL598 | Long             | DBT              | CORP              | US        |     30000 | PA      | $21827.40     | 0.00%             | 2031-09-13      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Vodafone Group PLC                               | Vodafone Group PLC                                                               | CUSIP: 92857WBL3<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    139000 | PA      | $129427.07    | 0.02%             | 2038-05-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FAR EAST HORIZON LTD                             | Far East Horizon Ltd                                                             | CUSIP: 000000000<br>LEI: 549300S9XRGO1ZPUHE62 | Long             | DBT              | CORP              | HK        |    200000 | PA      | $150322.00    | 0.02%             | 2026-10-26      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BOOZ ALLEN HAMILTON INC                          | Booz Allen Hamilton Inc                                                          | CUSIP: 09951LAB9<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |     50000 | PA      | $44484.50     | 0.01%             | 2029-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HUNGARY                                          | Hungary Government International Bond                                            | CUSIP: 445545AF3<br>LEI: 5299008DH62LEB10JK83 | Long             | DBT              | NUSS              | HU        |    100000 | PA      | $109182.00    | 0.01%             | 2041-03-29      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                           | PNC Financial Services Group Inc/The                                             | CUSIP: 693475AW5<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    201000 | PA      | $185155.17    | 0.02%             | 2029-04-23      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VEA8<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    186000 | PA      | $176765.10    | 0.02%             | 2033-08-10      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP                          | Asbury Automotive Group Inc                                                      | CUSIP: 043436AU8<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27165.30     | 0.00%             | 2028-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ACE Capital Trust II                             | ACE Capital Trust II                                                             | CUSIP: 00440FAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     20000 | PA      | $24696.00     | 0.00%             | 2030-04-01      | Fixed         | 9.70%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                   | Air Lease Corp                                                                   | CUSIP: 00914AAG7<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    130000 | PA      | $108834.70    | 0.01%             | 2030-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| QORVO INC                                        | Qorvo Inc                                                                        | CUSIP: 74736KAJ0<br>LEI: 254900YAUJV2EUEVBR11 | Long             | DBT              | CORP              | US        |    110000 | PA      | $87077.10     | 0.01%             | 2031-04-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Asian Development Bank                           | Asian Development Bank                                                           | CUSIP: 045167EJ8<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |     10000 | PA      | $9568.60      | 0.00%             | 2028-09-26      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Republic of Chile                                | Chile Government International Bond                                              | CUSIP: 168863CF3<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    200000 | PA      | $188342.00    | 0.02%             | 2028-02-06      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                           | PNC Financial Services Group Inc/The                                             | CUSIP: 693475BB0<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |     50000 | PA      | $43890.00     | 0.01%             | 2026-08-13      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| BANQUE FED CRED MUTUEL                           | Banque Federative du Credit Mutuel SA                                            | CUSIP: 06675FAT4<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |    215000 | PA      | $203166.40    | 0.03%             | 2024-11-21      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO                             | Kraft Heinz Foods Co                                                             | CUSIP: 50077LAV8<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |     65000 | PA      | $60165.95     | 0.01%             | 2030-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                              | American Tower Corp                                                              | CUSIP: 03027XAY6<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     92000 | PA      | $67320.08     | 0.01%             | 2049-10-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| AMERIPRISE FINANCIAL INC                         | Ameriprise Financial Inc                                                         | CUSIP: 03076CAL0<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19664.60     | 0.00%             | 2032-05-13      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Illinois Tool Works Inc                          | Illinois Tool Works Inc                                                          | CUSIP: 452308AR0<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | DBT              | CORP              | US        |     38000 | PA      | $33158.04     | 0.00%             | 2042-09-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                              | Sherwin-Williams Co/The                                                          | CUSIP: 824348BF2<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14647.80     | 0.00%             | 2026-01-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Republic of Colombia                             | Colombia Government International Bond                                           | CUSIP: 195325BK0<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    200000 | PA      | $184880.00    | 0.02%             | 2037-09-18      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATL INFO SERV                          | Fidelity National Information Services Inc                                       | CUSIP: 31620MBR6<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |     95000 | PA      | $83937.25     | 0.01%             | 2026-03-01      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| ACADIA HEALTHCARE CO INC                         | Acadia Healthcare Co Inc                                                         | CUSIP: 00404AAP4<br>LEI: 5493005CW985Y9D0NC11 | Long             | DBT              | CORP              | US        |     40000 | PA      | $36886.40     | 0.00%             | 2029-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Micron Technology Inc                            | Micron Technology Inc                                                            | CUSIP: 595112BM4<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |     80000 | PA      | $79272.00     | 0.01%             | 2026-02-06      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                              | Elevance Health Inc                                                              | CUSIP: 94973VBJ5<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    120000 | PA      | $117345.60    | 0.02%             | 2024-08-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                   | Morgan Stanley                                                                   | CUSIP: 61761J3R8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     65000 | PA      | $60997.95     | 0.01%             | 2026-07-27      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| SCENTRE GROUP TRUST 1/2                          | Scentre Group Trust 1 / Scentre Group Trust 2                                    | CUSIP: 80622GAD6<br>LEI: N/A                  | Long             | DBT              |  | AU        |     85000 | PA      | $79668.80     | 0.01%             | 2026-01-28      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Nordstrom Inc                                    | Nordstrom Inc                                                                    | CUSIP: 655664AR1<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |     70000 | PA      | $46195.80     | 0.01%             | 2044-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kinross Gold Corp                                | Kinross Gold Corp                                                                | CUSIP: 496902AQ0<br>LEI: 549300UEBMAQDN0K0R06 | Long             | DBT              | CORP              | CA        |    155000 | PA      | $147780.10    | 0.02%             | 2027-07-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 31418ECC2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    547561 | PA      | $478735.62    | 0.06%             | 2037-03-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                              | Charles Schwab Corp/The                                                          | CUSIP: 808513BW4<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19050.80     | 0.00%             | 2027-04-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QNAK8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    142105 | PA      | $127663.58    | 0.02%             | 2037-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 31418DXJ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    660010 | PA      | $513777.57    | 0.07%             | 2051-03-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179XDD5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    350309 | PA      | $334047.98    | 0.04%             | 2052-08-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                 | Crown Castle Inc                                                                 | CUSIP: 22822VAV3<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |     25000 | PA      | $21677.25     | 0.00%             | 2026-07-15      | Fixed         | 1.05%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140KVZM5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     62914 | PA      | $51853.60     | 0.01%             | 2051-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VGJ7<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    227000 | PA      | $189081.92    | 0.02%             | 2031-03-21      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| LABORATORY CORP OF AMER                          | Laboratory Corp of America Holdings                                              | CUSIP: 50540RAY8<br>LEI: OZ7UA8IXAIFILY2VZH07 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16768.20     | 0.00%             | 2031-06-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| ESTEE LAUDER CO INC                              | Estee Lauder Cos Inc/The                                                         | CUSIP: 29736RAN0<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | DBT              | CORP              | US        |     87000 | PA      | $82607.37     | 0.01%             | 2024-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                   | Eli Lilly & Co                                                                   | CUSIP: 532457BH0<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    120000 | PA      | $115106.40    | 0.02%             | 2025-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822AR5<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |     10000 | PA      | $9246.30      | 0.00%             | 2027-07-25      | Fixed         | 3.29%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                       | US Bancorp                                                                       | CUSIP: 91159HHW3<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    195000 | PA      | $173204.85    | 0.02%             | 2029-07-30      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GREAT-WEST LIFECO FINANC                         | Great-West Lifeco Finance Delaware LP                                            | CUSIP: 391382AB4<br>LEI: 549300604SRFDFB35F35 | Long             | DBT              | CORP              | US        |     60000 | PA      | $47637.60     | 0.01%             | 2047-06-03      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| PERKINELMER INC                                  | PerkinElmer Inc                                                                  | CUSIP: 714046AG4<br>LEI: 549300IKL1SDPFI7N655 | Long             | DBT              | CORP              | US        |     73000 | PA      | $63995.45     | 0.01%             | 2029-09-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CEV9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1500000 | PA      | $1453593.75   | 0.19%             | 2029-06-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| EMBECTA CORP                                     | Embecta Corp                                                                     | CUSIP: 29082KAB1<br>LEI: 549300RPG8GXVDHNXZ62 | Long             | DBT              | CORP              | US        |     15000 | PA      | $13708.50     | 0.00%             | 2030-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                              | American Express Co                                                              | CUSIP: 025816DA4<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    200000 | PA      | $189808.00    | 0.02%             | 2033-08-03      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PERU                                 | Peruvian Government International Bond                                           | CUSIP: 715638DS8<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |     60000 | PA      | $44891.40     | 0.01%             | 2041-03-11      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                   | Morgan Stanley                                                                   | CUSIP: 61746BEG7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    195000 | PA      | $169841.10    | 0.02%             | 2047-01-22      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                          | Starwood Property Trust Inc                                                      | CUSIP: 85571BAS4<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |     20000 | PA      | $19850.40     | 0.00%             | 2023-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                   | Home Depot Inc/The                                                               | CUSIP: 437076AS1<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    229000 | PA      | $248797.05    | 0.03%             | 2036-12-16      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| US FOODS INC                                     | US Foods Inc                                                                     | CUSIP: 90290MAE1<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |     40000 | PA      | $35062.00     | 0.00%             | 2030-06-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| MACY'S RETAIL HLDGS LLC                          | Macy's Retail Holdings LLC                                                       | CUSIP: 55617LAQ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $27082.50     | 0.00%             | 2030-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| FORTIVE CORPORATION                              | Fortive Corp                                                                     | CUSIP: 34959JAG3<br>LEI: 549300MU9YQJYHDQEF63 | Long             | DBT              | CORP              | US        |    202000 | PA      | $190425.40    | 0.02%             | 2026-06-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| AIR PRODUCTS & CHEMICALS                         | Air Products and Chemicals Inc                                                   | CUSIP: 009158BA3<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | DBT              | CORP              | US        |     50000 | PA      | $35534.00     | 0.00%             | 2050-05-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XDCU8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    116129 | PA      | $95828.49     | 0.01%             | 2051-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                   | Air Lease Corp                                                                   | CUSIP: 00914AAH5<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |     95000 | PA      | $89672.40     | 0.01%             | 2025-07-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| TSMC GLOBAL LTD                                  | TSMC Global Ltd                                                                  | CUSIP: 000000000<br>LEI: 549300N2ZLI21P85T117 | Long             | DBT              | CORP              | VG        |    200000 | PA      | $153780.00    | 0.02%             | 2030-09-28      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| BEAZER HOMES USA                                 | Beazer Homes USA Inc                                                             | CUSIP: 07556QBM6<br>LEI: 549300DUPYT2T0F60I45 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19255.80     | 0.00%             | 2025-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| CIENA CORP                                       | Ciena Corp                                                                       | CUSIP: 171779AL5<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | DBT              | CORP              | US        |     30000 | PA      | $25586.70     | 0.00%             | 2030-01-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ARGENTINA                            | Argentine Republic Government International Bond                                 | CUSIP: 040114HU7<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |    410000 | PA      | $124988.50    | 0.02%             | 2038-01-09      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                          | International Bank for Reconstruction & Development                              | CUSIP: 459058JL8<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    200000 | PA      | $180070.00    | 0.02%             | 2025-10-28      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| Embarq Corp                                      | Embarq Corp                                                                      | CUSIP: 29078EAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    110000 | PA      | $46739.00     | 0.01%             | 2036-06-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Methanex Corp                                    | Methanex Corp                                                                    | CUSIP: 59151KAK4<br>LEI: 549300TSJHRXT9QXRD13 | Long             | DBT              | CORP              | CA        |     20000 | PA      | $19353.60     | 0.00%             | 2024-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CNH INDUSTRIAL CAP LLC                           | CNH Industrial Capital LLC                                                       | CUSIP: 12592BAL8<br>LEI: 549300PNSJ5B81UMVO28 | Long             | DBT              | CORP              | US        |     65000 | PA      | $59141.55     | 0.01%             | 2026-01-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Ally Financial Inc                               | Ally Financial Inc                                                               | CUSIP: 02005NBF6<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |     80000 | PA      | $78810.40     | 0.01%             | 2025-11-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BMW Vehicle Lease Trust                          | BMW Vehicle Lease Trust 2022-1                                                   | CUSIP: 05601XAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    420000 | PA      | $404175.13    | 0.05%             | 2025-03-25      | Fixed         | 1.10%                 | No            |                  2 | On Loan: No      |
| EBAY INC                                         | eBay Inc                                                                         | CUSIP: 278642AV5<br>LEI: OML71K8X303XQONU6T67 | Long             | DBT              | CORP              | US        |    128000 | PA      | $120136.96    | 0.02%             | 2025-03-11      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| Zoetis Inc                                       | Zoetis Inc                                                                       | CUSIP: 98978VAN3<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28633.80     | 0.00%             | 2028-08-20      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| INGERSOLL-RAND GL HLD CO                         | Trane Technologies Global Holding Co Ltd                                         | CUSIP: 45687AAG7<br>LEI: 549300UCF0D858BIOV83 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50355.00     | 0.01%             | 2043-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BRITISH COLUMBIA PROV OF                         | Province of British Columbia Canada                                              | CUSIP: 110709AE2<br>LEI: 54930058TO7MEKUHWL16 | Long             | DBT              | NUSS              | CA        |    120000 | PA      | $97082.40     | 0.01%             | 2031-01-29      | Fixed         | 1.30%                 | No            |                  2 | On Loan: —       |
| Campbell Soup Co                                 | Campbell Soup Co                                                                 | CUSIP: 134429BF5<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |     97000 | PA      | $95138.57     | 0.01%             | 2025-03-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| VAREX IMAGING CORPORATIO                         | Varex Imaging Corp                                                               | CUSIP: 92214XAC0<br>LEI: 549300CWYWPVCT8E9W67 | Long             | DBT              | CORP              | US        |     19000 | PA      | $18761.74     | 0.00%             | 2027-10-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: —       |
| TELEDYNE TECHNOLOGIES IN                         | Teledyne Technologies Inc                                                        | CUSIP: 879360AC9<br>LEI: 549300VSMO9KYQWDND94 | Long             | DBT              | CORP              | US        |     80000 | PA      | $71479.20     | 0.01%             | 2026-04-01      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| LEGGETT & PLATT INC                              | Leggett & Platt Inc                                                              | CUSIP: 524660BA4<br>LEI: DKOVQUCDW4ZLYCUD4T55 | Long             | DBT              | CORP              | US        |     30000 | PA      | $21777.30     | 0.00%             | 2051-11-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Amgen Inc                                        | Amgen Inc                                                                        | CUSIP: 031162CD0<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     75000 | PA      | $66507.00     | 0.01%             | 2048-06-15      | Fixed         | 4.56%                 | No            |                  2 | On Loan: No      |
| MACY'S RETAIL HLDGS LLC                          | Macy's Retail Holdings LLC                                                       | CUSIP: 55617LAL6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     15000 | PA      | $12860.70     | 0.00%             | 2034-07-15      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                           | Asian Development Bank                                                           | CUSIP: 045167FB4<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |     20000 | PA      | $16687.80     | 0.00%             | 2031-03-04      | Fixed         | 1.50%                 | No            |                  2 | On Loan: —       |
| PERKINELMER INC                                  | PerkinElmer Inc                                                                  | CUSIP: 714046AH2<br>LEI: 549300IKL1SDPFI7N655 | Long             | DBT              | CORP              | US        |     17000 | PA      | $13842.08     | 0.00%             | 2031-03-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| OHIO POWER COMPANY                               | Ohio Power Co                                                                    | CUSIP: 677415CR0<br>LEI: 06ZODLC132CY1O2Y7D77 | Long             | DBT              | CORP              | US        |    105000 | PA      | $83137.95     | 0.01%             | 2049-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| US CELLULAR CORP                                 | United States Cellular Corp                                                      | CUSIP: 911684AD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     45000 | PA      | $39385.35     | 0.01%             | 2033-12-15      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| AMERICAN WATER CAPITAL C                         | American Water Capital Corp                                                      | CUSIP: 03040WAL9<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |     35000 | PA      | $34058.15     | 0.00%             | 2025-03-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| TRIVIUM PACKAGING FIN                            | Trivium Packaging Finance BV                                                     | CUSIP: 89686QAA4<br>LEI: 724500GMZWW3PVYET548 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $93878.00     | 0.01%             | 2026-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 31418DTQ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    332482 | PA      | $274779.95    | 0.04%             | 2050-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae                                                                       | CUSIP: 21H0206C4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    464000 | PA      | $394835.00    | 0.05%             | 2052-12-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATL INFO SERV                          | Fidelity National Information Services Inc                                       | CUSIP: 31620MBZ8<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |     25000 | PA      | $23532.75     | 0.00%             | 2052-07-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| KFW                                              | Kreditanstalt fuer Wiederaufbau                                                  | CUSIP: 500769JQ8<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |     60000 | PA      | $53469.60     | 0.01%             | 2026-10-01      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN AXLE & MFG INC                          | American Axle & Manufacturing Inc                                                | CUSIP: 02406PAU4<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |     35000 | PA      | $32923.45     | 0.00%             | 2027-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SVENSKA HANDELSBANKEN AB                         | Svenska Handelsbanken AB                                                         | CUSIP: 86959LAG8<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | DBT              | CORP              | SE        |    275000 | PA      | $257232.25    | 0.03%             | 2024-06-11      | Fixed         | 0.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XF5J6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    499348 | PA      | $442940.35    | 0.06%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE INC                                    | CommScope Inc                                                                    | CUSIP: 203372AX5<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |     95000 | PA      | $80000.45     | 0.01%             | 2029-09-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                         | Intercontinental Exchange Inc                                                    | CUSIP: 45866FAW4<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |    210000 | PA      | $203994.00    | 0.03%             | 2033-03-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| NETAPP INC                                       | NetApp Inc                                                                       | CUSIP: 64110DAL8<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | DBT              | CORP              | US        |     85000 | PA      | $78353.00     | 0.01%             | 2025-06-22      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Illinois Tool Works Inc                          | Illinois Tool Works Inc                                                          | CUSIP: 452308AT6<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14817.60     | 0.00%             | 2024-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                      | Equinix Inc                                                                      | CUSIP: 29444UBJ4<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              |  | US        |     85000 | PA      | $55358.80     | 0.01%             | 2050-07-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406HCQ0<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49215.00     | 0.01%             | 2025-11-18      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENER HOUSTON                         | CenterPoint Energy Houston Electric LLC                                          | CUSIP: 15189XAX6<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |     25000 | PA      | $21886.50     | 0.00%             | 2032-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ESTEE LAUDER CO INC                              | Estee Lauder Cos Inc/The                                                         | CUSIP: 29736RAM2<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | DBT              | CORP              | US        |     45000 | PA      | $32836.95     | 0.00%             | 2049-12-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE                           | VICI Properties LP / VICI Note Co Inc                                            | CUSIP: 92564RAB1<br>LEI: N/A                  | Long             | DBT              |  | US        |    120000 | PA      | $108688.80    | 0.01%             | 2029-12-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| KIMBERLY-CLARK CORP                              | Kimberly-Clark Corp                                                              | CUSIP: 494368CD3<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8159.60      | 0.00%             | 2031-11-02      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                         | Caterpillar Financial Services Corp                                              | CUSIP: 14912L6G1<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |     67000 | PA      | $65246.61     | 0.01%             | 2024-12-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Yum! Brands Inc                                  | Yum! Brands Inc                                                                  | CUSIP: 988498AD3<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24843.50     | 0.00%             | 2037-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Owens & Minor Inc                                | Owens & Minor Inc                                                                | CUSIP: 690732AE2<br>LEI: 549300LMT5KQQXCEZ733 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24065.25     | 0.00%             | 2024-12-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| VONTIER CORP                                     | Vontier Corp                                                                     | CUSIP: 928881AD3<br>LEI: 549300VVSQLG4P5K4639 | Long             | DBT              | CORP              | US        |     45000 | PA      | $35605.35     | 0.00%             | 2028-04-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP                           | Aviation Capital Group LLC                                                       | CUSIP: 05369AAL5<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |     50000 | PA      | $42183.50     | 0.01%             | 2026-09-20      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MAF7<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     65000 | PA      | $59829.90     | 0.01%             | 2026-07-14      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| JABIL INC                                        | Jabil Inc                                                                        | CUSIP: 466313AL7<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |    192000 | PA      | $170355.84    | 0.02%             | 2026-04-15      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| WASTE MANAGEMENT INC                             | Waste Management Inc                                                             | CUSIP: 94106LBN8<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |    226000 | PA      | $189607.22    | 0.02%             | 2028-03-15      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                                     | ING Groep NV                                                                     | CUSIP: 456837BC6<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |     20000 | PA      | $17622.20     | 0.00%             | 2033-03-28      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| NCR CORP                                         | NCR Corp                                                                         | CUSIP: 62886EAY4<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |     50000 | PA      | $43494.50     | 0.01%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Welltower Inc                                    | Welltower Inc                                                                    | CUSIP: 95040QAG9<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              |  | US        |    215000 | PA      | $210715.05    | 0.03%             | 2024-03-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CCP4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2000000 | PA      | $1772343.76   | 0.23%             | 2026-07-31      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                   | Home Depot Inc/The                                                               | CUSIP: 437076BM3<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     73000 | PA      | $69945.68     | 0.01%             | 2026-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| COMMERCIAL METALS CO                             | Commercial Metals Co                                                             | CUSIP: 201723AP8<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | DBT              | CORP              | US        |     30000 | PA      | $25042.80     | 0.00%             | 2031-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Arch Capital Group Ltd                           | Arch Capital Group Ltd                                                           | CUSIP: 03937LAA3<br>LEI: 549300AYR4P8AFKDCE43 | Long             | DBT              | CORP              | BM        |      5000 | PA      | $5608.45      | 0.00%             | 2034-05-01      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| MASCO CORP                                       | Masco Corp                                                                       | CUSIP: 574599BP0<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | DBT              | CORP              | US        |     94000 | PA      | $73565.34     | 0.01%             | 2030-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL                         | Penske Truck Leasing Co Lp / PTL Finance Corp                                    | CUSIP: 709599BG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    212000 | PA      | $199928.72    | 0.03%             | 2024-11-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| CAMDEN PROPERTY TRUST                            | Camden Property Trust                                                            | CUSIP: 133131AY8<br>LEI: 5493002MYX22OHYJBD89 | Long             | DBT              |  | US        |     75000 | PA      | $53178.00     | 0.01%             | 2049-11-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| DEVELOPMENT BK OF JAPAN                          | Development Bank of Japan Inc                                                    | CUSIP: 25159MAX5<br>LEI: 5493001HGBABMWFZUI25 | Long             | DBT              | NUSS              | JP        |     15000 | PA      | $14256.45     | 0.00%             | 2024-08-28      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| HCA Inc                                          | HCA Inc                                                                          | CUSIP: 404119BS7<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    135000 | PA      | $136131.30    | 0.02%             | 2026-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                          | Oncor Electric Delivery Co LLC                                                   | CUSIP: 68233JCG7<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14063.70     | 0.00%             | 2052-06-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Corning Inc                                      | Corning Inc                                                                      | CUSIP: 219350AX3<br>LEI: 549300X2937PB0CJ7I56 | Long             | DBT              | CORP              | US        |     14000 | PA      | $12840.66     | 0.00%             | 2037-03-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| ADAPTHEALTH LLC                                  | AdaptHealth LLC                                                                  | CUSIP: 00653VAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $33644.40     | 0.00%             | 2029-08-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc                         | Prudential Financial Inc                                                         | CUSIP: 74432QBN4<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |     30000 | PA      | $32956.80     | 0.00%             | 2040-06-21      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| CROWDSTRIKE HOLDINGS INC                         | Crowdstrike Holdings Inc                                                         | CUSIP: 22788CAA3<br>LEI: 549300YBY08K9KM4HX32 | Long             | DBT              | CORP              | US        |     60000 | PA      | $50673.60     | 0.01%             | 2029-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QM5A8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1388250 | PA      | $1189355.65   | 0.16%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CIMB BANK BHD                                    | CIMB Bank Bhd                                                                    | CUSIP: 000000000<br>LEI: SR3J0ZUTXT7OTFT2VU03 | Long             | DBT              | CORP              | MY        |    200000 | PA      | $199872.00    | 0.03%             | 2024-10-09      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                   | Fannie Mae-Aces                                                                  | CUSIP: 3136AVYL7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    151704 | PA      | $141137.74    | 0.02%             | 2026-12-25      | Variable      | 2.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 31418D4X7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1143785 | PA      | $942382.86    | 0.12%             | 2051-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| COGENT COMMUNICATIONS GR                         | Cogent Communications Group Inc                                                  | CUSIP: 19240CAE3<br>LEI: 549300KFWFYF8Q1U0Y26 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24383.00     | 0.00%             | 2027-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| QUEST DIAGNOSTICS INC                            | Quest Diagnostics Inc                                                            | CUSIP: 74834LBB5<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | DBT              | CORP              | US        |     71000 | PA      | $61747.99     | 0.01%             | 2030-06-30      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP/CSL CAPITAL                          | Uniti Group LP / Uniti Group Finance Inc / CSL Capital LLC                       | CUSIP: 91327BAA8<br>LEI: N/A                  | Long             | DBT              |  | US        |     85000 | PA      | $62333.05     | 0.01%             | 2029-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QBLZ9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    284419 | PA      | $274301.63    | 0.04%             | 2049-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CFF3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2400000 | PA      | $2224125.00   | 0.29%             | 2032-08-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KKWK1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     61237 | PA      | $50605.26     | 0.01%             | 2050-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI HC CAPITAL                            | Mitsubishi HC Capital Inc                                                        | CUSIP: 60682LAG7<br>LEI: 353800MZ3QX9RLMH7B09 | Long             | DBT              | CORP              | JP        |     10000 | PA      | $9160.00      | 0.00%             | 2030-04-13      | Fixed         | 3.97%                 | No            |                  2 | On Loan: —       |
| HAT HOLDINGS I LLC/HAT                           | HAT Holdings I LLC / HAT Holdings II LLC                                         | CUSIP: 418751AB9<br>LEI: N/A                  | Long             | DBT              |  | US        |     25000 | PA      | $24195.00     | 0.00%             | 2025-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| Visa Inc                                         | Visa Inc                                                                         | CUSIP: 92826CAJ1<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |     57000 | PA      | $48452.85     | 0.01%             | 2047-09-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179VFP0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    398018 | PA      | $362701.93    | 0.05%             | 2050-02-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TSMC ARIZONA CORP                                | TSMC Arizona Corp                                                                | CUSIP: 872898AD3<br>LEI: 2549005GOBWLCSY63Q97 | Long             | DBT              | CORP              | US        |    220000 | PA      | $168751.00    | 0.02%             | 2041-10-25      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| XEROX CORPORATION                                | Xerox Corp                                                                       | CUSIP: 984121CL5<br>LEI: 4KF48RN45X1OO8UBLY20 | Long             | DBT              | CORP              | US        |     20000 | PA      | $13207.20     | 0.00%             | 2035-03-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: —       |
| NEWMONT CORP                                     | Newmont Corp                                                                     | CUSIP: 651639AM8<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | DBT              | CORP              | US        |     38000 | PA      | $40086.20     | 0.01%             | 2039-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Danaher Corp                                     | Danaher Corp                                                                     | CUSIP: 235851AR3<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | DBT              | CORP              | US        |     95000 | PA      | $85549.40     | 0.01%             | 2045-09-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Hubbell Inc                                      | Hubbell Inc                                                                      | CUSIP: 443510AJ1<br>LEI: 54930088VDQ6840Y6597 | Long             | DBT              | CORP              | US        |     22000 | PA      | $20527.10     | 0.00%             | 2028-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| LAMB WESTON HLD                                  | Lamb Weston Holdings Inc                                                         | CUSIP: 513272AD6<br>LEI: 5493005SMYID1D2OY946 | Long             | DBT              | CORP              | US        |     70000 | PA      | $62547.80     | 0.01%             | 2030-01-31      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Republic of Colombia                             | Colombia Government International Bond                                           | CUSIP: 195325BM6<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    200000 | PA      | $156558.00    | 0.02%             | 2041-01-18      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs. | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137BGK24<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     75000 | PA      | $72628.68     | 0.01%             | 2024-12-25      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810TA6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2820000 | PA      | $1966950.00   | 0.26%             | 2041-08-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133L8U52<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    114788 | PA      | $103119.49    | 0.01%             | 2037-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| AUTOMATIC DATA PROCESSNG                         | Automatic Data Processing Inc                                                    | CUSIP: 053015AE3<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | DBT              | CORP              | US        |    232000 | PA      | $226434.32    | 0.03%             | 2025-09-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| AMS-OSRAM AG                                     | ams-OSRAM AG                                                                     | CUSIP: 03217CAA4<br>LEI: 5299001JPPT2QFTV5D76 | Long             | DBT              | CORP              | AT        |     35000 | PA      | $32465.30     | 0.00%             | 2025-07-31      | Fixed         | 7.00%                 | No            |                  2 | On Loan: —       |
| HOME DEPOT INC                                   | Home Depot Inc/The                                                               | CUSIP: 437076BY7<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    150000 | PA      | $137046.00    | 0.02%             | 2029-06-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| VF CORP                                          | VF Corp                                                                          | CUSIP: 918204BC1<br>LEI: CWAJJ9DJ5Z7P057HV541 | Long             | DBT              | CORP              | US        |    160000 | PA      | $134420.80    | 0.02%             | 2030-04-23      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| PARKER-HANNIFIN CORP                             | Parker-Hannifin Corp                                                             | CUSIP: 701094AN4<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |    106000 | PA      | $95775.24     | 0.01%             | 2029-06-14      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MCJ7<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     10000 | PA      | $7823.70      | 0.00%             | 2031-09-17      | Fixed         | 2.22%                 | No            |                  2 | On Loan: No      |
| VISA INC                                         | Visa Inc                                                                         | CUSIP: 92826CAN2<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |     90000 | PA      | $70740.00     | 0.01%             | 2031-02-15      | Fixed         | 1.10%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                   | Eli Lilly & Co                                                                   | CUSIP: 532457BU1<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |     50000 | PA      | $44712.00     | 0.01%             | 2059-03-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                          | United Rentals North America Inc                                                 | CUSIP: 911365BF0<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |     44000 | PA      | $43421.40     | 0.01%             | 2027-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| RENESAS ELECTRONICS CORP                         | Renesas Electronics Corp                                                         | CUSIP: 75972BAA9<br>LEI: 5299000EPC47VJQOFB81 | Long             | DBT              | CORP              | JP        |     15000 | PA      | $13751.85     | 0.00%             | 2024-11-26      | Fixed         | 1.54%                 | No            |                  2 | On Loan: No      |
| HCA Inc                                          | HCA Inc                                                                          | CUSIP: 404119BQ1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    240000 | PA      | $240060.00    | 0.03%             | 2025-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Carlisle Cos Inc                                 | Carlisle Cos Inc                                                                 | CUSIP: 142339AG5<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | DBT              | CORP              | US        |     55000 | PA      | $53307.65     | 0.01%             | 2024-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ERP Operating LP                                 | ERP Operating LP                                                                 | CUSIP: 26884ABE2<br>LEI: DX5HQV5MLU50FEWZ5072 | Long             | DBT              |  | US        |     15000 | PA      | $12898.05     | 0.00%             | 2045-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                           | Asian Development Bank                                                           | CUSIP: 045167EZ2<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    275000 | PA      | $245063.50    | 0.03%             | 2026-02-04      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| QUALCOMM INC                                     | QUALCOMM Inc                                                                     | CUSIP: 747525BR3<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |     65000 | PA      | $58082.70     | 0.01%             | 2052-05-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WALGREENS BOOTS ALLIANCE                         | Walgreens Boots Alliance Inc                                                     | CUSIP: 931427AQ1<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |    140000 | PA      | $134149.40    | 0.02%             | 2026-06-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| BALL CORP                                        | Ball Corp                                                                        | CUSIP: 058498AX4<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |     65000 | PA      | $51746.50     | 0.01%             | 2031-09-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| EDGEWELL PERSONAL CARE                           | Edgewell Personal Care Co                                                        | CUSIP: 28035QAA0<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | DBT              | CORP              | US        |     70000 | PA      | $66574.20     | 0.01%             | 2028-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                 | Coca-Cola Co/The                                                                 | CUSIP: 191216CW8<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |    130000 | PA      | $96415.80     | 0.01%             | 2040-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VGF5<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    123000 | PA      | $116943.48    | 0.02%             | 2024-03-22      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| UAE INT'L GOVT BOND                              | UAE INTERNATIONAL GOVERNMENT BOND                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | AE        |    200000 | PA      | $152292.00    | 0.02%             | 2041-10-19      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CEN7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1000000 | PA      | $954296.88    | 0.12%             | 2027-04-30      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| BMW US Capital LLC                               | BMW US Capital LLC                                                               | CUSIP: 05565EAH8<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |    255000 | PA      | $239569.95    | 0.03%             | 2026-04-11      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DWAX1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |         0 | PA      | $0.14         | 0.00%             | 2051-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Sharjah Sukuk Ltd                                | Sharjah Sukuk Ltd                                                                | CUSIP: 000000000<br>LEI: 549300VHQQGE2OA0DQ91 | Long             | DBT              | NUSS              | KY        |    200000 | PA      | $194920.00    | 0.03%             | 2024-09-17      | Fixed         | 3.76%                 | No            |                  2 | On Loan: No      |
| CONSTELLIUM SE                                   | Constellium SE                                                                   | CUSIP: 21039CAA2<br>LEI: 724500KRJEMC79KAAU28 | Long             | DBT              | CORP              | FR        |     25000 | PA      | $22934.00     | 0.00%             | 2028-06-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| AMERICAN INTL GROUP                              | American International Group Inc                                                 | CUSIP: 026874DM6<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |     45000 | PA      | $42175.35     | 0.01%             | 2048-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                          | BPCE SA                                                                          | CUSIP: 05583JAE2<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    250000 | PA      | $232362.50    | 0.03%             | 2028-09-12      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| B&G Foods Inc                                    | B&G Foods Inc                                                                    | CUSIP: 05508RAE6<br>LEI: 549300TRW1LZMDJZAQ78 | Long             | DBT              | CORP              | US        |     50000 | PA      | $44148.00     | 0.01%             | 2025-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MBG4<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     45000 | PA      | $42424.20     | 0.01%             | 2028-10-16      | Fixed         | 4.31%                 | No            |                  2 | On Loan: No      |
| NEWMONT CORP                                     | Newmont Corp                                                                     | CUSIP: 651639AW6<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | DBT              | CORP              | US        |     67000 | PA      | $68849.87     | 0.01%             | 2035-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| INTUIT INC                                       | Intuit Inc                                                                       | CUSIP: 46124HAC0<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | DBT              | CORP              | US        |    127000 | PA      | $110423.96    | 0.01%             | 2027-07-15      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| Nutrien Ltd                                      | Nutrien Ltd                                                                      | CUSIP: 67077MAS7<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |     74000 | PA      | $68831.10     | 0.01%             | 2045-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FMG RESOURCES AUG 2006                           | FMG Resources August 2006 Pty Ltd                                                | CUSIP: 30251GBD8<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |     55000 | PA      | $51581.20     | 0.01%             | 2030-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MASONITE INTERNATIONAL C                         | Masonite International Corp                                                      | CUSIP: 575385AD1<br>LEI: 549300H0H07ZFT4JYM32 | Long             | DBT              | CORP              | CA        |     40000 | PA      | $36757.20     | 0.00%             | 2028-02-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Booking Holdings Inc                             | Booking Holdings Inc                                                             | CUSIP: 741503AZ9<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | DBT              | CORP              | US        |     51000 | PA      | $49315.47     | 0.01%             | 2026-06-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| HAWAIIAN BRAND INTELLECT                         | Hawaiian Brand Intellectual Property Ltd / HawaiianMiles Loyalty Ltd             | CUSIP: 41984LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     90000 | PA      | $85283.10     | 0.01%             | 2026-01-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Air Lease Corp                                   | Air Lease Corp                                                                   | CUSIP: 00912XBA1<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |     55000 | PA      | $52157.60     | 0.01%             | 2025-03-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VFF6<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    222000 | PA      | $208238.22    | 0.03%             | 2027-03-22      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                              | Sherwin-Williams Co/The                                                          | CUSIP: 824348BK1<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |     65000 | PA      | $49690.55     | 0.01%             | 2049-08-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| RADIAN GROUP INC                                 | Radian Group Inc                                                                 | CUSIP: 750236AX9<br>LEI: 54930005OUP720S5U385 | Long             | DBT              | CORP              | US        |     55000 | PA      | $54522.60     | 0.01%             | 2025-03-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| AXALTA COAT/DUTCH HLD BV                         | Axalta Coating Systems LLC / Axalta Coating Systems Dutch Holding B BV           | CUSIP: 05454NAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     50000 | PA      | $45813.00     | 0.01%             | 2027-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| UNITI GRP/UNITI HLD/CSL                          | Uniti Group LP / Uniti Fiber Holdings Inc / CSL Capital LLC                      | CUSIP: 91327AAA0<br>LEI: N/A                  | Long             | DBT              |  | US        |    175000 | PA      | $176246.00    | 0.02%             | 2025-02-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                          | John Deere Capital Corp                                                          | CUSIP: 24422EVC0<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     95000 | PA      | $90420.05     | 0.01%             | 2025-01-09      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QMBZ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     67644 | PA      | $55799.06     | 0.01%             | 2051-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140MGLC3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    172319 | PA      | $141602.65    | 0.02%             | 2052-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| DELUXE CORP                                      | Deluxe Corp                                                                      | CUSIP: 248019AU5<br>LEI: KWGNKB8TX9LE5TV29231 | Long             | DBT              | CORP              | US        |     40000 | PA      | $33104.80     | 0.00%             | 2029-06-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                         | Benchmark 2020-B21 Mortgage Trust                                                | CUSIP: 08163LAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $79141.96     | 0.01%             | 2053-12-17      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| WEA FINANCE LLC/WESTFIEL                         | WEA Finance LLC / Westfield UK & Europe Finance PLC                              | CUSIP: 92890HAD4<br>LEI: N/A                  | Long             | DBT              |  | US        |     10000 | PA      | $7076.20      | 0.00%             | 2044-09-17      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| RAYONIER AM PROD INC                             | Rayonier AM Products Inc                                                         | CUSIP: 75508EAB4<br>LEI: 549300ZGRDDK1QM6MM16 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18855.20     | 0.00%             | 2026-01-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                            | Toronto-Dominion Bank/The                                                        | CUSIP: 891160MJ9<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    190000 | PA      | $175406.10    | 0.02%             | 2031-09-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| PERENTI FINANCE PTY LTD                          | Perenti Finance Pty Ltd                                                          | CUSIP: 71367VAA7<br>LEI: 894500ZDIIAOXSQHE612 | Long             | DBT              | CORP              | AU        |     50000 | PA      | $47700.00     | 0.01%             | 2025-10-07      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                 | Bank of Montreal                                                                 | CUSIP: 06367TQW3<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |     90000 | PA      | $83988.90     | 0.01%             | 2024-07-09      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 31418D6B3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1300407 | PA      | $1071225.08   | 0.14%             | 2051-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406FAE3<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    120000 | PA      | $111223.20    | 0.01%             | 2026-08-17      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                           | Asian Development Bank                                                           | CUSIP: 045167FF5<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |     25000 | PA      | $21639.75     | 0.00%             | 2028-06-09      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| TSMC GLOBAL LTD                                  | TSMC Global Ltd                                                                  | CUSIP: 000000000<br>LEI: 549300N2ZLI21P85T117 | Long             | DBT              | CORP              | VG        |    200000 | PA      | $169356.00    | 0.02%             | 2028-04-23      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| TOPBUILD CORP                                    | TopBuild Corp                                                                    | CUSIP: 89055FAB9<br>LEI: 5493007YSKHOL4RWII46 | Long             | DBT              | CORP              | US        |     30000 | PA      | $24361.50     | 0.00%             | 2029-03-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                              | Global Payments Inc                                                              | CUSIP: 37940XAH5<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    160000 | PA      | $127172.80    | 0.02%             | 2031-11-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| STONEX GROUP INC                                 | StoneX Group Inc                                                                 | CUSIP: 46116VAE5<br>LEI: 549300JUF07L8VF02M60 | Long             | DBT              | CORP              | US        |     35000 | PA      | $35443.10     | 0.00%             | 2025-06-15      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MAR1<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    130000 | PA      | $120438.50    | 0.02%             | 2027-07-12      | Fixed         | 3.36%                 | No            |                  2 | On Loan: No      |
| Kraft Heinz Foods Co                             | Kraft Heinz Foods Co                                                             | CUSIP: 42307TAG3<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |     55000 | PA      | $60537.95     | 0.01%             | 2032-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ONTARIO (PROVINCE OF)                            | Province of Ontario Canada                                                       | CUSIP: 68323AFG4<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |     20000 | PA      | $17432.60     | 0.00%             | 2029-10-02      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ONTARIO (PROVINCE OF)                            | Province of Ontario Canada                                                       | CUSIP: 68323AFJ8<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |    200000 | PA      | $164452.00    | 0.02%             | 2031-10-14      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| Methanex Corp                                    | Methanex Corp                                                                    | CUSIP: 59151KAJ7<br>LEI: 549300TSJHRXT9QXRD13 | Long             | DBT              | CORP              | CA        |     20000 | PA      | $15110.20     | 0.00%             | 2044-12-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                              | Nomura Holdings Inc                                                              | CUSIP: 65535HAR0<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |    255000 | PA      | $232840.50    | 0.03%             | 2025-07-16      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| ABN AMRO BANK NV                                 | ABN AMRO Bank NV                                                                 | CUSIP: 00084DAV2<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |     50000 | PA      | $36368.00     | 0.00%             | 2037-03-13      | Fixed         | 3.32%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD PPTY REIT INC                         | Brookfield Property REIT Inc / BPR Cumulus LLC / BPR Nimbus LLC / GGSI Sellco LL | CUSIP: 11284DAA3<br>LEI: N/A                  | Long             | DBT              |  | US        |     75000 | PA      | $72180.00     | 0.01%             | 2026-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ITALY GOV'T INT BOND                             | Republic of Italy Government International Bond                                  | CUSIP: 465410BX5<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |    295000 | PA      | $277367.85    | 0.04%             | 2024-10-17      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| WALGREENS BOOTS ALLIANCE                         | Walgreens Boots Alliance Inc                                                     | CUSIP: 931427AC2<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |     25000 | PA      | $21490.75     | 0.00%             | 2044-11-18      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa                         | Republic of South Africa Government International Bond                           | CUSIP: 836205AY0<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    200000 | PA      | $191460.00    | 0.02%             | 2030-06-22      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| ADVANCE AUTO PARTS                               | Advance Auto Parts Inc                                                           | CUSIP: 00751YAF3<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |    112000 | PA      | $94405.92     | 0.01%             | 2027-10-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                          | John Deere Capital Corp                                                          | CUSIP: 24422EVP1<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     12000 | PA      | $10346.88     | 0.00%             | 2028-03-06      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                         | Warnermedia Holdings Inc                                                         | CUSIP: 55903VAQ6<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    525000 | PA      | $406602.00    | 0.05%             | 2052-03-15      | Fixed         | 5.14%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                   | Home Depot Inc/The                                                               | CUSIP: 437076BS0<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    110000 | PA      | $92788.30     | 0.01%             | 2047-06-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| RITE AID CORP                                    | Rite Aid Corp                                                                    | CUSIP: 767754CK8<br>LEI: 529900W353T1JY1DKT44 | Long             | DBT              | CORP              | US        |     30000 | PA      | $22202.40     | 0.00%             | 2025-07-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| WELLTOWER INC                                    | Welltower Inc                                                                    | CUSIP: 95040QAL8<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              |  | US        |     90000 | PA      | $73060.20     | 0.01%             | 2031-01-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Target Corp                                      | Target Corp                                                                      | CUSIP: 87612EAR7<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |    135000 | PA      | $151436.25    | 0.02%             | 2037-10-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                          | John Deere Capital Corp                                                          | CUSIP: 24422EVD8<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     61000 | PA      | $53082.81     | 0.01%             | 2030-01-09      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF CHILE                                | Chile Government International Bond                                              | CUSIP: 168863DV7<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    200000 | PA      | $174612.00    | 0.02%             | 2034-01-31      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AIR PRODUCTS & CHEMICALS                         | Air Products and Chemicals Inc                                                   | CUSIP: 009158BB1<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | DBT              | CORP              | US        |    115000 | PA      | $105599.90    | 0.01%             | 2025-10-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| PAYPAL HOLDINGS INC                              | PayPal Holdings Inc                                                              | CUSIP: 70450YAC7<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |     81000 | PA      | $77615.01     | 0.01%             | 2024-10-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| SWEDISH EXPORT CREDIT                            | Svensk Exportkredit AB                                                           | CUSIP: 87031CAC7<br>LEI: 1FOLRR5RWTWWI397R131 | Long             | DBT              | NUSS              | SE        |     15000 | PA      | $13950.60     | 0.00%             | 2024-10-07      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| SNAP-ON INC                                      | Snap-on Inc                                                                      | CUSIP: 833034AM3<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | DBT              | CORP              | US        |     39000 | PA      | $28553.07     | 0.00%             | 2050-05-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| WALGREENS BOOTS ALLIANCE                         | Walgreens Boots Alliance Inc                                                     | CUSIP: 931427AB4<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |     12000 | PA      | $10685.40     | 0.00%             | 2034-11-18      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XAJP8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    155650 | PA      | $133115.56    | 0.02%             | 2051-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179UML3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    898280 | PA      | $870881.63    | 0.11%             | 2049-02-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LINCOLN NATIONAL CORP                            | Lincoln National Corp                                                            | CUSIP: 534187BL2<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |     44000 | PA      | $33876.48     | 0.00%             | 2050-06-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| AEP TEXAS INC                                    | AEP Texas Inc                                                                    | CUSIP: 00108WAN0<br>LEI: 5493001L78U618KXNZ75 | Long             | DBT              | CORP              | US        |     20000 | PA      | $14214.60     | 0.00%             | 2051-05-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PERU                                 | Peruvian Government International Bond                                           | CUSIP: 715638DE9<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    100000 | PA      | $93033.00     | 0.01%             | 2026-01-23      | Fixed         | 2.39%                 | No            |                  2 | On Loan: No      |
| VMWARE INC                                       | VMware Inc                                                                       | CUSIP: 928563AF2<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |     92000 | PA      | $86481.84     | 0.01%             | 2030-05-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Realty Income Corp                               | Realty Income Corp                                                               | CUSIP: 756109AS3<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27779.10     | 0.00%             | 2027-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                            | Toronto-Dominion Bank/The                                                        | CUSIP: 89114TZE5<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |     45000 | PA      | $41763.15     | 0.01%             | 2024-09-10      | Fixed         | 0.70%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP                           | Aviation Capital Group LLC                                                       | CUSIP: 05367AAH6<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |     86000 | PA      | $81066.18     | 0.01%             | 2025-10-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| COOPERATIEVE RABOBANK UA                         | Cooperatieve Rabobank UA                                                         | CUSIP: 74977RDK7<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |     55000 | PA      | $47680.05     | 0.01%             | 2027-02-24      | Fixed         | 1.11%                 | No            |                  2 | On Loan: No      |
| JPN BANK FOR INT'L COOP                          | Japan Bank for International Cooperation                                         | CUSIP: 471048BE7<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |     55000 | PA      | $51662.60     | 0.01%             | 2027-06-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Verisk Analytics Inc                             | Verisk Analytics Inc                                                             | CUSIP: 92345YAD8<br>LEI: 549300I1YSWNIRKBWP67 | Long             | DBT              | CORP              | US        |     80000 | PA      | $78356.80     | 0.01%             | 2025-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                     | Comcast Corp                                                                     | CUSIP: 20030NDS7<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    460000 | PA      | $306939.60    | 0.04%             | 2051-11-01      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                                | CUSIP: 3617BKN98<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     35797 | PA      | $32490.14     | 0.00%             | 2049-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| STANLEY BLACK & DECKER I                         | Stanley Black & Decker Inc                                                       | CUSIP: 854502AJ0<br>LEI: 549300DJ09SMTO561131 | Long             | DBT              | CORP              | US        |     90000 | PA      | $82382.40     | 0.01%             | 2048-11-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| ENTEGRIS INC                                     | Entegris Inc                                                                     | CUSIP: 29362UAD6<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |     30000 | PA      | $25224.30     | 0.00%             | 2029-05-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: —       |
| FIDELITY NATL INFO SERV                          | Fidelity National Information Services Inc                                       | CUSIP: 31620MBQ8<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |    215000 | PA      | $203398.60    | 0.03%             | 2024-03-01      | Fixed         | 0.60%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MCG3<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $165994.00    | 0.02%             | 2028-09-17      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| TEGNA INC                                        | TEGNA Inc                                                                        | CUSIP: 87901JAJ4<br>LEI: 549300YC5EDBGX85AO10 | Long             | DBT              | CORP              | US        |     80000 | PA      | $75406.40     | 0.01%             | 2028-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| ZI TECH LLC/ZI FIN CORP                          | ZoomInfo Technologies LLC/ZoomInfo Finance Corp                                  | CUSIP: 98981BAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     55000 | PA      | $46513.50     | 0.01%             | 2029-02-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| PACCAR FINANCIAL CORP                            | PACCAR Financial Corp                                                            | CUSIP: 69371RQ25<br>LEI: PH3S12DWZBHHQKVYZ297 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14332.80     | 0.00%             | 2024-08-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| ILLUMINA INC                                     | Illumina Inc                                                                     | CUSIP: 452327AM1<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | DBT              | CORP              | US        |     95000 | PA      | $75119.35     | 0.01%             | 2031-03-23      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| TRANSURBAN FINANCE CO                            | Transurban Finance Co Pty Ltd                                                    | CUSIP: 89400PAK9<br>LEI: 54930081LPJMUMEA6E57 | Long             | DBT              | CORP              | AU        |     42000 | PA      | $33336.66     | 0.00%             | 2031-03-16      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| WEIR GROUP PLC (THE)                             | Weir Group PLC/The                                                               | CUSIP: 94876QAA4<br>LEI: 549300KDR56WHY9I3D10 | Long             | DBT              | CORP              | GB        |     65000 | PA      | $57441.15     | 0.01%             | 2026-05-13      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                     | Comcast Corp                                                                     | CUSIP: 20030NCM1<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    200000 | PA      | $183210.00    | 0.02%             | 2048-10-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                           | Brazilian Government International Bond                                          | CUSIP: 105756BK5<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    150000 | PA      | $159379.50    | 0.02%             | 2037-01-20      | Fixed         | 7.13%                 | No            |                  2 | On Loan: —       |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179SJS7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     11101 | PA      | $10185.58     | 0.00%             | 2046-08-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MASCO CORP                                       | Masco Corp                                                                       | CUSIP: 574599BQ8<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | DBT              | CORP              | US        |     15000 | PA      | $11705.25     | 0.00%             | 2031-02-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DV6V2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |         0 | PA      | $0.14         | 0.00%             | 2050-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| REINSURANCE GRP OF AMER                          | Reinsurance Group of America Inc                                                 | CUSIP: 759351AN9<br>LEI: LORM1GNEU1DKEW527V90 | Long             | DBT              | CORP              | US        |     73000 | PA      | $66998.67     | 0.01%             | 2029-05-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VDV3<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     77000 | PA      | $76600.37     | 0.01%             | 2047-03-16      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DYCOM INDUSTRIES INC                             | Dycom Industries Inc                                                             | CUSIP: 267475AD3<br>LEI: 549300F56EKTHQI3WT60 | Long             | DBT              | CORP              | US        |     40000 | PA      | $34362.80     | 0.00%             | 2029-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CISCO SYSTEMS INC                                | Cisco Systems Inc                                                                | CUSIP: 17275RAF9<br>LEI: 8E6NF1YAL0WT6CWXXV93 | Long             | DBT              | CORP              | US        |    200000 | PA      | $210546.00    | 0.03%             | 2040-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Corning Inc                                      | Corning Inc                                                                      | CUSIP: 219350AV7<br>LEI: 549300X2937PB0CJ7I56 | Long             | DBT              | CORP              | US        |     11000 | PA      | $11175.12     | 0.00%             | 2040-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                              | Charles Schwab Corp/The                                                          | CUSIP: 808513BX2<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     80000 | PA      | $70488.80     | 0.01%             | 2029-10-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| MOLINA HEALTHCARE INC                            | Molina Healthcare Inc                                                            | CUSIP: 60855RAL4<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |     60000 | PA      | $50641.80     | 0.01%             | 2032-05-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Ziggo Bond Co BV                                 | Ziggo Bond Co BV                                                                 | CUSIP: 98954UAB9<br>LEI: 213800JYI4P7V5QDOG59 | Long             | DBT              | CORP              | NL        |     25000 | PA      | $22956.75     | 0.00%             | 2027-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| SUMITOMO MITSUI FINL GRP                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MCF5<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     65000 | PA      | $41502.50     | 0.01%             | 2041-01-12      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| TWILIO INC                                       | Twilio Inc                                                                       | CUSIP: 90138FAC6<br>LEI: 5493004W8TRGD63APX93 | Long             | DBT              | CORP              | US        |     40000 | PA      | $33118.40     | 0.00%             | 2029-03-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| SLM CORP                                         | SLM Corp                                                                         | CUSIP: 78442PGE0<br>LEI: 4K8SLPBF5DXXGPW03H93 | Long             | DBT              | CORP              | US        |     40000 | PA      | $34401.60     | 0.00%             | 2026-11-02      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Kimberly-Clark Corp                              | Kimberly-Clark Corp                                                              | CUSIP: 494368BY8<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | DBT              | CORP              | US        |     35000 | PA      | $33999.70     | 0.00%             | 2028-11-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| AVANTOR FUNDING INC                              | Avantor Funding Inc                                                              | CUSIP: 05352TAA7<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |    130000 | PA      | $119587.00    | 0.02%             | 2028-07-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| AMERICAN WATER CAPITAL C                         | American Water Capital Corp                                                      | CUSIP: 03040WAX3<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |     59000 | PA      | $43944.38     | 0.01%             | 2050-05-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Amphenol Corp                                    | Amphenol Corp                                                                    | CUSIP: 032095AG6<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29334.30     | 0.00%             | 2024-04-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                      | BNP Paribas SA                                                                   | CUSIP: 09659T2C4<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    235000 | PA      | $147168.75    | 0.02%             | 2041-01-26      | Fixed         | 2.82%                 | No            |                  2 | On Loan: —       |
| COINBASE GLOBAL INC                              | Coinbase Global Inc                                                              | CUSIP: 19260QAD9<br>LEI: 5493004G3J2SC154DU06 | Long             | DBT              | CORP              | US        |     95000 | PA      | $51254.40     | 0.01%             | 2031-10-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| NIPPON LIFE INSURANCE                            | Nippon Life Insurance Co                                                         | CUSIP: 654579AE1<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |    245000 | PA      | $233575.65    | 0.03%             | 2046-01-20      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XCG28<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1096910 | PA      | $974701.20    | 0.13%             | 2051-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XHHM2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1899168 | PA      | $1704252.43   | 0.22%             | 2037-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                          | BPCE SA                                                                          | CUSIP: 05578QAB9<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    271000 | PA      | $265447.21    | 0.03%             | 2024-07-21      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                     | Centene Corp                                                                     | CUSIP: 15135BAR2<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    210000 | PA      | $197175.30    | 0.03%             | 2027-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CBOE GLOBAL MARKETS INC                          | Cboe Global Markets Inc                                                          | CUSIP: 12503MAD0<br>LEI: 529900RLNSGA90UPEH54 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8427.80      | 0.00%             | 2032-03-16      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                          | Inter-American Development Bank                                                  | CUSIP: 4581X0BX5<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |      5000 | PA      | $4257.35      | 0.00%             | 2042-08-07      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| HASBRO INC                                       | Hasbro Inc                                                                       | CUSIP: 418056AX5<br>LEI: 549300NUB6D2R1ITYR45 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14418.75     | 0.00%             | 2024-11-19      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| D.R. HORTON INC                                  | DR Horton Inc                                                                    | CUSIP: 23331ABM0<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | DBT              | CORP              | US        |     80000 | PA      | $76168.80     | 0.01%             | 2024-10-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                         | Alexandria Real Estate Equities Inc                                              | CUSIP: 015271AP4<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |    115000 | PA      | $111313.10    | 0.01%             | 2026-04-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust                    | UBS Commercial Mortgage Trust 2018-C13                                           | CUSIP: 90353KAW9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $96064.84     | 0.01%             | 2051-10-15      | Fixed         | 4.24%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                   | Morgan Stanley                                                                   | CUSIP: 6174468L6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    335000 | PA      | $281383.25    | 0.04%             | 2031-01-22      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                        | Amgen Inc                                                                        | CUSIP: 031162CS7<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    132000 | PA      | $96136.92     | 0.01%             | 2050-02-21      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE LONDON                           | Credit Agricole SA/London                                                        | CUSIP: 22535WAD9<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |    315000 | PA      | $304151.40    | 0.04%             | 2024-10-04      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XCLX4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    159312 | PA      | $136561.49    | 0.02%             | 2051-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PACCAR Financial Corp                            | PACCAR Financial Corp                                                            | CUSIP: 69371RQ66<br>LEI: PH3S12DWZBHHQKVYZ297 | Long             | DBT              | CORP              | US        |     70000 | PA      | $66080.70     | 0.01%             | 2025-02-06      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| AXALTA COATING SYSTEMS                           | Axalta Coating Systems LLC                                                       | CUSIP: 05453GAC9<br>LEI: 549300G80QONCHILSF69 | Long             | DBT              | CORP              | US        |     50000 | PA      | $40952.50     | 0.01%             | 2029-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: —       |
| LOWE'S COS INC                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661DN4<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    175000 | PA      | $134050.00    | 0.02%             | 2046-04-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| OMEGA HLTHCARE INVESTORS                         | Omega Healthcare Investors Inc                                                   | CUSIP: 681936BK5<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              | CORP              | US        |     50000 | PA      | $46160.50     | 0.01%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| DEERE & COMPANY                                  | Deere & Co                                                                       | CUSIP: 244199BH7<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | DBT              | CORP              | US        |    132000 | PA      | $127007.76    | 0.02%             | 2025-04-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| State of Qatar                                   | Qatar Government International Bond                                              | CUSIP: 000000000<br>LEI: 52990074F6OJOAXK4P65 | Long             | DBT              | NUSS              | QA        |    400000 | PA      | $402708.00    | 0.05%             | 2048-04-23      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                          | Dell International LLC / EMC Corp                                                | CUSIP: 24703TAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     57000 | PA      | $56391.24     | 0.01%             | 2026-10-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| TRUIST BANK                                      | Truist Bank                                                                      | CUSIP: 86787GAJ1<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |     55000 | PA      | $51605.40     | 0.01%             | 2026-05-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179TG41<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    894888 | PA      | $845343.16    | 0.11%             | 2047-09-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Kilroy Realty LP                                 | Kilroy Realty LP                                                                 | CUSIP: 49427RAK8<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              |  | US        |     50000 | PA      | $44424.00     | 0.01%             | 2029-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179U4C3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    166925 | PA      | $156901.35    | 0.02%             | 2049-10-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X9Y90<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     42792 | PA      | $35358.49     | 0.00%             | 2051-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| OWENS CORNING                                    | Owens Corning                                                                    | CUSIP: 690742AK7<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |     45000 | PA      | $40648.95     | 0.01%             | 2030-06-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QNWM0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    457415 | PA      | $391301.93    | 0.05%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| KIMBERLY-CLARK CORP                              | Kimberly-Clark Corp                                                              | CUSIP: 494368CC5<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | DBT              | CORP              | US        |     64000 | PA      | $55155.84     | 0.01%             | 2027-09-15      | Fixed         | 1.05%                 | No            |                  2 | On Loan: No      |
| Republic of Poland                               | Republic of Poland Government International Bond                                 | CUSIP: 731011AU6<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |     90000 | PA      | $86336.10     | 0.01%             | 2026-04-06      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                           | Standard Chartered PLC                                                           | CUSIP: 853254BY5<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |     15000 | PA      | $14025.45     | 0.00%             | 2025-01-12      | Fixed         | 0.99%                 | No            |                  2 | On Loan: No      |
| ING Groep NV                                     | ING Groep NV                                                                     | CUSIP: 456837AM5<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $190548.00    | 0.02%             | 2028-10-02      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| CEDAR FAIR/CAN/MAGNUM/MI                         | Cedar Fair LP / Canada's Wonderland Co / Magnum Management Corp / Millennium Op  | CUSIP: 150190AK2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     25000 | PA      | $24027.50     | 0.00%             | 2028-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TRIVIUM PACKAGING FIN                            | Trivium Packaging Finance BV                                                     | CUSIP: 89686QAB2<br>LEI: 724500GMZWW3PVYET548 | Long             | DBT              | CORP              | NL        |     55000 | PA      | $51755.00     | 0.01%             | 2027-08-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: —       |
| COOPERATIEVE RABOBANK UA                         | Cooperatieve Rabobank UA                                                         | CUSIP: 74977RDL5<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |    290000 | PA      | $251157.40    | 0.03%             | 2027-12-15      | Fixed         | 1.98%                 | No            |                  2 | On Loan: No      |
| WILLIS NORTH AMERICA INC                         | Willis North America Inc                                                         | CUSIP: 970648AL5<br>LEI: 5493004KVU1HWZCP0C66 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14575.20     | 0.00%             | 2027-06-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                          | International Bank for Reconstruction & Development                              | CUSIP: 459058HT3<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    190000 | PA      | $179764.70    | 0.02%             | 2025-01-15      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| MERITAGE HOMES CORP                              | Meritage Homes Corp                                                              | CUSIP: 59001ABD3<br>LEI: 52990044W9UMFJO2FB97 | Long             | DBT              | CORP              | US        |     35000 | PA      | $29659.70     | 0.00%             | 2029-04-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| REPUBLIC SERVICES INC                            | Republic Services Inc                                                            | CUSIP: 760759AY6<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1789.00      | 0.00%             | 2025-11-15      | Fixed         | 0.88%                 | No            |                  2 | On Loan: —       |
| WF-RBS Commercial Mortgage Trust                 | WFRBS Commercial Mortgage Trust 2013-UBS1                                        | CUSIP: 92938JAE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     88974 | PA      | $87368.37     | 0.01%             | 2046-03-15      | Variable      | 4.08%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179V7D6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1760373 | PA      | $1502568.74   | 0.20%             | 2051-02-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| LINCOLN NATIONAL CORP                            | Lincoln National Corp                                                            | CUSIP: 534187BK4<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |     85000 | PA      | $70572.95     | 0.01%             | 2031-01-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| STERIS PLC                                       | STERIS Irish FinCo UnLtd Co                                                      | CUSIP: 85917PAB3<br>LEI: 549300BRDKZ1HFI2J358 | Long             | DBT              | CORP              | IE        |     85000 | PA      | $61957.35     | 0.01%             | 2051-03-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                     | Comcast Corp                                                                     | CUSIP: 20030NDG3<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    205000 | PA      | $188089.55    | 0.02%             | 2030-04-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XDFV3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     93015 | PA      | $76626.88     | 0.01%             | 2051-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132CWM68<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    446305 | PA      | $420198.59    | 0.05%             | 2032-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| LINDE INC/CT                                     | Linde Inc/CT                                                                     | CUSIP: 74005PBS2<br>LEI: ZU69GUVJQGZ6Z1UOOO79 | Long             | DBT              | CORP              | US        |     60000 | PA      | $34637.40     | 0.00%             | 2050-08-10      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                          | John Deere Capital Corp                                                          | CUSIP: 24422EUX5<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     47000 | PA      | $45851.32     | 0.01%             | 2024-03-07      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                          | United Rentals North America Inc                                                 | CUSIP: 911363AM1<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |     80000 | PA      | $68819.20     | 0.01%             | 2031-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                     | Broadcom Inc                                                                     | CUSIP: 11135FBP5<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    360000 | PA      | $267206.40    | 0.03%             | 2035-11-15      | Fixed         | 3.14%                 | No            |                  2 | On Loan: No      |
| KORN/FERRY INTERNATIONAL                         | Korn Ferry                                                                       | CUSIP: 50067PAA7<br>LEI: 549300FOD20OM0GT5G40 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27450.60     | 0.00%             | 2027-12-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CCC3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2600000 | PA      | $2440851.56   | 0.32%             | 2024-05-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| Diebold Nixdorf Inc                              | Diebold Nixdorf Inc                                                              | CUSIP: 253651AC7<br>LEI: 549300XZK6EWDBAZSY16 | Long             | DBT              | CORP              | US        |     30000 | PA      | $16413.60     | 0.00%             | 2024-04-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| KOHL'S CORPORATION                               | Kohl's Corp                                                                      | CUSIP: 500255AX2<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | DBT              | CORP              | US        |     61000 | PA      | $43510.69     | 0.01%             | 2031-05-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Synchrony Financial                              | Synchrony Financial                                                              | CUSIP: 87165BAP8<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |    119000 | PA      | $113634.29    | 0.01%             | 2029-03-19      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                              | Bank of Nova Scotia/The                                                          | CUSIP: 064159HB5<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |     95000 | PA      | $93808.70     | 0.01%             | 2025-12-16      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                           | Asian Development Bank                                                           | CUSIP: 045167EU3<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    316000 | PA      | $290116.44    | 0.04%             | 2025-04-29      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| Ally Financial Inc                               | Ally Financial Inc                                                               | CUSIP: 02005NBA7<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |     85000 | PA      | $83782.80     | 0.01%             | 2025-03-30      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 31418D6C1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1901265 | PA      | $1629461.06   | 0.21%             | 2051-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PPL ELECTRIC UTILITIES                           | PPL Electric Utilities Corp                                                      | CUSIP: 69351UAS2<br>LEI: 549300GCZLSGYEYPIR35 | Long             | DBT              | CORP              | US        |     50000 | PA      | $42048.00     | 0.01%             | 2044-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                           | Brazilian Government International Bond                                          | CUSIP: 105756AE0<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    200000 | PA      | $233994.00    | 0.03%             | 2027-05-15      | Fixed         | 10.13%                | No            |                  2 | On Loan: No      |
| KENNEDY-WILSON INC                               | Kennedy-Wilson Inc                                                               | CUSIP: 489399AM7<br>LEI: 5EA4464UK7FM5QNNKL62 | Long             | DBT              | CORP              | US        |     45000 | PA      | $35947.35     | 0.00%             | 2031-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ADAPTHEALTH LLC                                  | AdaptHealth LLC                                                                  | CUSIP: 00653VAE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     45000 | PA      | $38520.00     | 0.01%             | 2030-03-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| LITHIA MOTORS INC                                | Lithia Motors Inc                                                                | CUSIP: 536797AE3<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27744.00     | 0.00%             | 2027-12-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VFD1<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     69000 | PA      | $55685.07     | 0.01%             | 2050-03-22      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                | State Street Corp                                                                | CUSIP: 857477BF9<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |     70000 | PA      | $59329.20     | 0.01%             | 2034-11-01      | Fixed         | 3.03%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                   | Home Depot Inc/The                                                               | CUSIP: 437076AV4<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     82000 | PA      | $90007.30     | 0.01%             | 2041-04-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                          | Inter-American Development Bank                                                  | CUSIP: 4581X0DV7<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    375000 | PA      | $336558.75    | 0.04%             | 2026-04-20      | Fixed         | 0.88%                 | No            |                  2 | On Loan: —       |
| SCRIPPS ESCROW II INC                            | Scripps Escrow II Inc                                                            | CUSIP: 81105DAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $33662.80     | 0.00%             | 2029-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Qwest Corp                                       | Qwest Corp                                                                       | CUSIP: 912920AK1<br>LEI: 549300R2L4N683OO1509 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29829.60     | 0.00%             | 2025-09-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| SALESFORCE INC                                   | Salesforce Inc                                                                   | CUSIP: 79466LAL8<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | DBT              | CORP              | US        |    205000 | PA      | $142376.60    | 0.02%             | 2051-07-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| COMMERCIAL METALS CO                             | Commercial Metals Co                                                             | CUSIP: 201723AR4<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16792.40     | 0.00%             | 2032-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| FORTUNE BRANDS HOME & SE                         | Fortune Brands Home & Security Inc                                               | CUSIP: 34964CAA4<br>LEI: 54930032LHW54PQUJD44 | Long             | DBT              | CORP              | US        |    117000 | PA      | $113426.82    | 0.01%             | 2025-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                          | Oncor Electric Delivery Co LLC                                                   | CUSIP: 68233JBB9<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     60000 | PA      | $48917.40     | 0.01%             | 2045-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KM3Z6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    186811 | PA      | $153877.47    | 0.02%             | 2051-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| MCCORMICK & CO                                   | McCormick & Co Inc/MD                                                            | CUSIP: 579780AR8<br>LEI: 549300JQQA6MQ4OJP259 | Long             | DBT              | CORP              | US        |     45000 | PA      | $39564.00     | 0.01%             | 2026-02-15      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| KFW                                              | Kreditanstalt fuer Wiederaufbau                                                  | CUSIP: 500769JD7<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |    305000 | PA      | $267555.15    | 0.03%             | 2029-09-14      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                           | PNC Financial Services Group Inc/The                                             | CUSIP: 693475BH7<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50436.00     | 0.01%             | 2025-10-28      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| Province of Quebec                               | Province of Quebec Canada                                                        | CUSIP: 748148QR7<br>LEI: 549300WN65YFEQH74Y36 | Long             | DBT              | NUSS              | CA        |    110000 | PA      | $130531.50    | 0.02%             | 2029-09-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810SW9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1150000 | PA      | $831054.69    | 0.11%             | 2041-02-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| KIMBERLY-CLARK CORP                              | Kimberly-Clark Corp                                                              | CUSIP: 494368CA9<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | DBT              | CORP              | US        |     75000 | PA      | $53018.25     | 0.01%             | 2050-02-07      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| IAA Inc                                          | IAA Inc                                                                          | CUSIP: 449253AB9<br>LEI: 549300PZCOPC5178W747 | Long             | DBT              | CORP              | US        |     35000 | PA      | $34393.80     | 0.00%             | 2027-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FORTIVE CORPORATION                              | Fortive Corp                                                                     | CUSIP: 34959JAH1<br>LEI: 549300MU9YQJYHDQEF63 | Long             | DBT              | CORP              | US        |     57000 | PA      | $45206.70     | 0.01%             | 2046-06-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| SCENTRE GROUP TRUST 1/2                          | Scentre Group Trust 1 / Scentre Group Trust 2                                    | CUSIP: 806213AD6<br>LEI: N/A                  | Long             | DBT              |  | AU        |     40000 | PA      | $37272.40     | 0.00%             | 2025-10-28      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Newell Brands Inc                                | Newell Brands Inc                                                                | CUSIP: 651229AQ9<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19448.00     | 0.00%             | 2024-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Stora Enso OYJ                                   | Stora Enso Oyj                                                                   | CUSIP: 86210MAC0<br>LEI: 7437000ZP669LKUTZ738 | Long             | DBT              | CORP              | FI        |     25000 | PA      | $26979.25     | 0.00%             | 2036-04-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CDL2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2300000 | PA      | $2017351.57   | 0.26%             | 2028-11-30      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Republic of Chile                                | Chile Government International Bond                                              | CUSIP: 168863CE6<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    200000 | PA      | $159670.00    | 0.02%             | 2047-06-21      | Fixed         | 3.86%                 | No            |                  2 | On Loan: —       |
| BANK OF NY MELLON CORP                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RAW7<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     45000 | PA      | $35315.10     | 0.00%             | 2031-07-28      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc                         | Prudential Financial Inc                                                         | CUSIP: 74432QCC7<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    142000 | PA      | $136940.54    | 0.02%             | 2028-03-27      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                                       | Humana Inc                                                                       | CUSIP: 444859BR2<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |     50000 | PA      | $39570.50     | 0.01%             | 2032-02-03      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                           | NXP BV / NXP Funding LLC / NXP USA Inc                                           | CUSIP: 62954HBE7<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     10000 | PA      | $9613.30      | 0.00%             | 2027-06-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Flowers Foods Inc                                | Flowers Foods Inc                                                                | CUSIP: 343498AB7<br>LEI: 7YNCQQNDK8FBM9BBTK25 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14132.85     | 0.00%             | 2026-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| INTL FLAVOR & FRAGRANCES                         | International Flavors & Fragrances Inc                                           | CUSIP: 459506AL5<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | DBT              | CORP              | US        |     70000 | PA      | $60328.10     | 0.01%             | 2048-09-26      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL REALTY INVS TRST                         | Federal Realty Investment Trust                                                  | CUSIP: 313747BB2<br>LEI: 549300LI6XZ51GOCJ427 | Long             | DBT              |  | US        |     25000 | PA      | $22152.00     | 0.00%             | 2026-02-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RAR8<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     75000 | PA      | $58950.75     | 0.01%             | 2031-01-28      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                          | United Rentals North America Inc                                                 | CUSIP: 911365BN3<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |     55000 | PA      | $47781.80     | 0.01%             | 2030-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN WATER CAPITAL C                         | American Water Capital Corp                                                      | CUSIP: 03040WAT2<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |     60000 | PA      | $50961.60     | 0.01%             | 2048-09-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                         | National Rural Utilities Cooperative Finance Corp                                | CUSIP: 637432NR2<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |    100000 | PA      | $84383.00     | 0.01%             | 2048-11-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| HP ENTERPRISE CO                                 | Hewlett Packard Enterprise Co                                                    | CUSIP: 42824CAY5<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |    141000 | PA      | $144781.62    | 0.02%             | 2045-10-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| MICROSOFT CORP                                   | Microsoft Corp                                                                   | CUSIP: 594918CC6<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    425000 | PA      | $293339.25    | 0.04%             | 2050-06-01      | Fixed         | 2.53%                 | No            |                  2 | On Loan: No      |
| STATE OF ISRAEL                                  | State of Israel                                                                  | CUSIP: 46513JXM8<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    200000 | PA      | $179024.00    | 0.02%             | 2030-01-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Applied Materials Inc                            | Applied Materials Inc                                                            | CUSIP: 038222AJ4<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | DBT              | CORP              | US        |    174000 | PA      | $171677.10    | 0.02%             | 2025-10-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc                         | Prudential Financial Inc                                                         | CUSIP: 74432QCD5<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |     65000 | PA      | $55957.20     | 0.01%             | 2048-03-27      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| WEA FINANCE LLC                                  | WEA Finance LLC                                                                  | CUSIP: 92928QAF5<br>LEI: 3CYEJKBUJZO3UW777J80 | Long             | DBT              |  | US        |    105000 | PA      | $86716.35     | 0.01%             | 2029-06-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XGGD5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    947271 | PA      | $781207.59    | 0.10%             | 2052-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                     | Comcast Corp                                                                     | CUSIP: 20030NCU3<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    250000 | PA      | $241227.50    | 0.03%             | 2030-10-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| FORTINET INC                                     | Fortinet Inc                                                                     | CUSIP: 34959EAA7<br>LEI: 549300O0QJWDBAS0QX03 | Long             | DBT              | CORP              | US        |     27000 | PA      | $23745.69     | 0.00%             | 2026-03-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                   | Home Depot Inc/The                                                               | CUSIP: 437076CE0<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    135000 | PA      | $113247.45    | 0.01%             | 2028-03-15      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| Legg Mason Inc                                   | Legg Mason Inc                                                                   | CUSIP: 524901AV7<br>LEI: OWUNCC6U1ZJXMZKFBJ36 | Long             | DBT              | CORP              | US        |     80000 | PA      | $81049.60     | 0.01%             | 2026-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| FIRST REPUBLIC BANK                              | First Republic Bank/CA                                                           | CUSIP: 33616CAC4<br>LEI: YWC0TIKBQM2JV8L4IV08 | Long             | DBT              | CORP              | US        |     30000 | PA      | $23885.10     | 0.00%             | 2047-02-13      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                 | Crown Castle Inc                                                                 | CUSIP: 22822VAR2<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |     82000 | PA      | $72406.00     | 0.01%             | 2030-07-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| KFW                                              | Kreditanstalt fuer Wiederaufbau                                                  | CUSIP: 500769HS6<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |    149000 | PA      | $141374.18    | 0.02%             | 2028-04-03      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Northern Trust Corp                              | Northern Trust Corp                                                              | CUSIP: 665859AT1<br>LEI: 549300GLF98S992BC502 | Long             | DBT              | CORP              | US        |    135000 | PA      | $129984.75    | 0.02%             | 2028-08-03      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| HILTON WORLDWIDE FIN LLC                         | Hilton Worldwide Finance LLC / Hilton Worldwide Finance Corp                     | CUSIP: 432891AK5<br>LEI: 549300406TN7EY0NPH20 | Long             | DBT              | CORP              | US        |     35000 | PA      | $33647.25     | 0.00%             | 2027-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| American Tower Corp                              | American Tower Corp                                                              | CUSIP: 03027XAJ9<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |     70000 | PA      | $68391.40     | 0.01%             | 2026-02-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| XEROX HOLDINGS CORP                              | Xerox Holdings Corp                                                              | CUSIP: 98421MAA4<br>LEI: 5493000Y33XDVO2CXC18 | Long             | DBT              | CORP              | US        |     60000 | PA      | $55822.80     | 0.01%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                      | PepsiCo Inc                                                                      | CUSIP: 713448FN3<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     35000 | PA      | $32782.05     | 0.00%             | 2052-07-18      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| MERCER INTL INC                                  | Mercer International Inc                                                         | CUSIP: 588056BB6<br>LEI: 549300Z5IAG39VRTY874 | Long             | DBT              | CORP              | US        |     70000 | PA      | $60088.70     | 0.01%             | 2029-02-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| TSMC ARIZONA CORP                                | TSMC Arizona Corp                                                                | CUSIP: 872898AE1<br>LEI: 2549005GOBWLCSY63Q97 | Long             | DBT              | CORP              | US        |     25000 | PA      | $17938.25     | 0.00%             | 2051-10-25      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                         | Alexandria Real Estate Equities Inc                                              | CUSIP: 015271AS8<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |     60000 | PA      | $46336.20     | 0.01%             | 2050-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                   | Morgan Stanley                                                                   | CUSIP: 617446HD4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    150000 | PA      | $172090.50    | 0.02%             | 2032-04-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                              | Bank of Nova Scotia/The                                                          | CUSIP: 064159MK9<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |     55000 | PA      | $54052.35     | 0.01%             | 2024-02-11      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132A5F59<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     99997 | PA      | $90366.15     | 0.01%             | 2046-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| RELIANCE STAND LIFE II                           | Reliance Standard Life Global Funding II                                         | CUSIP: 75951AAL2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     15000 | PA      | $14168.25     | 0.00%             | 2024-10-30      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SKANDINAVISKA ENSKILDA                           | Skandinaviska Enskilda Banken AB                                                 | CUSIP: 83051GAR9<br>LEI: F3JS33DEI6XQ4ZBPTN86 | Long             | DBT              | CORP              | SE        |    200000 | PA      | $178582.00    | 0.02%             | 2025-09-02      | Fixed         | 0.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QEXP2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     40816 | PA      | $33757.56     | 0.00%             | 2050-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| WASTE CONNECTIONS INC                            | Waste Connections Inc                                                            | CUSIP: 94106BAC5<br>LEI: 549300HDLRTPBQU69P29 | Long             | DBT              | CORP              | CA        |     20000 | PA      | $16078.40     | 0.00%             | 2032-01-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Western Union Co/The                             | Western Union Co/The                                                             | CUSIP: 959802AH2<br>LEI: 28ID94QU1140NC23S047 | Long             | DBT              | CORP              | US        |     35000 | PA      | $35131.25     | 0.00%             | 2036-11-17      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| CAMPBELL SOUP CO                                 | Campbell Soup Co                                                                 | CUSIP: 134429BJ7<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |     60000 | PA      | $50199.60     | 0.01%             | 2030-04-24      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810TB4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1570000 | PA      | $1032520.31   | 0.13%             | 2051-11-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs. | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137BLAC2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    100000 | PA      | $96533.96     | 0.01%             | 2025-06-25      | Variable      | 3.28%                 | No            |                  2 | On Loan: No      |
| Aptiv PLC                                        | Aptiv PLC                                                                        | CUSIP: 03835VAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |      2000 | PA      | $1485.72      | 0.00%             | 2046-10-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Illinois Tool Works Inc                          | Illinois Tool Works Inc                                                          | CUSIP: 452308AX7<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | DBT              | CORP              | US        |    180000 | PA      | $170172.00    | 0.02%             | 2026-11-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                 | Bank of Montreal                                                                 | CUSIP: 06368EDC3<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |     15000 | PA      | $13286.70     | 0.00%             | 2027-01-22      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| PROVINCE OF ALBERTA                              | Province of Alberta Canada                                                       | CUSIP: 013051EK9<br>LEI: LQPXMHHNJKIPJYE53543 | Long             | DBT              | NUSS              | CA        |    140000 | PA      | $129059.00    | 0.02%             | 2025-05-20      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 31418DVC3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    316542 | PA      | $271957.54    | 0.04%             | 2050-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| KIMCO REALTY CORP                                | Kimco Realty Corp                                                                | CUSIP: 49446RAW9<br>LEI: 549300EA7I6T15IBYS12 | Long             | DBT              |  | US        |     75000 | PA      | $61931.25     | 0.01%             | 2030-10-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| MARRIOTT OWNERSHIP RESOR                         | Marriott Ownership Resorts Inc                                                   | CUSIP: 57164PAF3<br>LEI: BW4532OH033VURR0IT68 | Long             | DBT              | CORP              | US        |     25000 | PA      | $22067.75     | 0.00%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| American Express Co                              | American Express Co                                                              | CUSIP: 025816BR9<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    180000 | PA      | $174571.20    | 0.02%             | 2024-10-30      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                 | Coca-Cola Co/The                                                                 | CUSIP: 191216DC1<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |    115000 | PA      | $77120.15     | 0.01%             | 2051-03-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CINEMARK USA INC                                 | Cinemark USA Inc                                                                 | CUSIP: 172441BC0<br>LEI: 54930008H2137JSCPQ09 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20384.80     | 0.00%             | 2025-05-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                              | Sherwin-Williams Co/The                                                          | CUSIP: 824348BM7<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |     30000 | PA      | $21213.00     | 0.00%             | 2050-05-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| DH EUROPE FINANCE II                             | DH Europe Finance II Sarl                                                        | CUSIP: 23291KAJ4<br>LEI: 222100KDGL314CKTZ511 | Long             | DBT              | CORP              | LU        |     25000 | PA      | $20257.25     | 0.00%             | 2039-11-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| HORMEL FOODS CORP                                | Hormel Foods Corp                                                                | CUSIP: 440452AF7<br>LEI: MSD54751OJP1FS2ND863 | Long             | DBT              | CORP              | US        |    197000 | PA      | $161297.69    | 0.02%             | 2030-06-11      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                     | Broadcom Inc                                                                     | CUSIP: 11135FBJ9<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    265000 | PA      | $191775.20    | 0.03%             | 2041-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HCA Inc                                          | HCA Inc                                                                          | CUSIP: 404119BW8<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |     95000 | PA      | $95935.75     | 0.01%             | 2029-02-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| TIMKEN CO                                        | Timken Co/The                                                                    | CUSIP: 887389AK0<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28590.60     | 0.00%             | 2028-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TAYLOR MORRISON COMM                             | Taylor Morrison Communities Inc                                                  | CUSIP: 87724RAB8<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |     35000 | PA      | $32719.05     | 0.00%             | 2028-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                          | International Bank for Reconstruction & Development                              | CUSIP: 459058JE4<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    185000 | PA      | $167399.10    | 0.02%             | 2025-07-28      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| TRITON CONTAINER                                 | Triton Container International Ltd                                               | CUSIP: 89680YAA3<br>LEI: 549300O4LZFLCX53XZ54 | Long             | DBT              | CORP              | BM        |    107000 | PA      | $92880.28     | 0.01%             | 2026-04-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| Owens Corning                                    | Owens Corning                                                                    | CUSIP: 690742AB7<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |     25000 | PA      | $27077.00     | 0.00%             | 2036-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN WATER CAPITAL C                         | American Water Capital Corp                                                      | CUSIP: 03040WAU9<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |     77000 | PA      | $70732.20     | 0.01%             | 2029-06-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| ENTEGRIS ESCROW CORP                             | Entegris Escrow Corp                                                             | CUSIP: 29365BAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     70000 | PA      | $65901.50     | 0.01%             | 2030-06-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                          | International Bank for Reconstruction & Development                              | CUSIP: 459058JS3<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |      5000 | PA      | $4411.20      | 0.00%             | 2026-02-10      | Fixed         | 0.65%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                         | European Investment Bank                                                         | CUSIP: 298785JA5<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |     40000 | PA      | $34761.60     | 0.00%             | 2029-10-09      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| AXIS SPECIALTY FINANCE                           | AXIS Specialty Finance LLC                                                       | CUSIP: 05463HAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $4093.35      | 0.00%             | 2040-01-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| TJX COS INC                                      | TJX Cos Inc/The                                                                  | CUSIP: 872540AU3<br>LEI: V167QI9I69W364E2DY52 | Long             | DBT              | CORP              | US        |     40000 | PA      | $36101.20     | 0.00%             | 2050-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Dell Inc                                         | Dell Inc                                                                         | CUSIP: 247025AE9<br>LEI: 3E70L4WYANTIWWIPHC81 | Long             | DBT              | CORP              | US        |     25000 | PA      | $26401.75     | 0.00%             | 2028-04-15      | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                           | Brazilian Government International Bond                                          | CUSIP: 105756CC2<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    200000 | PA      | $175828.00    | 0.02%             | 2030-06-12      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| NORDSTROM INC                                    | Nordstrom Inc                                                                    | CUSIP: 655664AX8<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18755.40     | 0.00%             | 2024-04-08      | Fixed         | 2.30%                 | No            |                  2 | On Loan: —       |
| Eaton Vance Corp                                 | Eaton Vance Corp                                                                 | CUSIP: 278265AE3<br>LEI: 4JJ8ORNW1AFZPSV8GJ79 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18771.60     | 0.00%             | 2027-04-06      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UNITED NATURAL FOODS INC                         | United Natural Foods Inc                                                         | CUSIP: 911163AA1<br>LEI: 549300GKGW6WPZ282D40 | Long             | DBT              | CORP              | US        |     40000 | PA      | $38806.40     | 0.01%             | 2028-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QNS37<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1905356 | PA      | $1685704.84   | 0.22%             | 2052-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BELL CANADA                                      | Bell Telephone Co of Canada or Bell Canada/The                                   | CUSIP: 0778FPAA7<br>LEI: 549300O5ZKB2MUUSKB97 | Long             | DBT              | CORP              | CA        |     64000 | PA      | $55460.48     | 0.01%             | 2048-04-01      | Fixed         | 4.46%                 | No            |                  2 | On Loan: No      |
| Republic Services Inc                            | Republic Services Inc                                                            | CUSIP: 760759AR1<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |     95000 | PA      | $89105.25     | 0.01%             | 2026-07-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                   | Eli Lilly & Co                                                                   | CUSIP: 532457BT4<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |     35000 | PA      | $31654.00     | 0.00%             | 2049-03-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| WELLTOWER INC                                    | Welltower Inc                                                                    | CUSIP: 95040QAM6<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              |  | US        |     25000 | PA      | $20232.25     | 0.00%             | 2031-06-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                | State Street Corp                                                                | CUSIP: 857477BN2<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4400.25      | 0.00%             | 2031-03-30      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VCV4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    100000 | PA      | $89571.00     | 0.01%             | 2036-01-15      | Fixed         | 4.27%                 | No            |                  2 | On Loan: No      |
| MICROSOFT CORP                                   | Microsoft Corp                                                                   | CUSIP: 594918CF9<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    180000 | PA      | $130984.20    | 0.02%             | 2062-03-17      | Fixed         | 3.04%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                   | Morgan Stanley                                                                   | CUSIP: 61772BAB9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    294000 | PA      | $258937.56    | 0.03%             | 2027-05-04      | Fixed         | 1.59%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                   | Microsoft Corp                                                                   | CUSIP: 594918AJ3<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4997.25      | 0.00%             | 2040-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| State of Qatar                                   | Qatar Government International Bond                                              | CUSIP: 000000000<br>LEI: 52990074F6OJOAXK4P65 | Long             | DBT              | NUSS              | QA        |    200000 | PA      | $194566.00    | 0.03%             | 2049-03-14      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                   | Microsoft Corp                                                                   | CUSIP: 594918BS2<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    205000 | PA      | $187519.65    | 0.02%             | 2036-08-08      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| AMERICAN AXLE & MFG INC                          | American Axle & Manufacturing Inc                                                | CUSIP: 02406PAY6<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |     16000 | PA      | $15247.20     | 0.00%             | 2026-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Hasbro Inc                                       | Hasbro Inc                                                                       | CUSIP: 418056AS6<br>LEI: 549300NUB6D2R1ITYR45 | Long             | DBT              | CORP              | US        |     46000 | PA      | $45358.76     | 0.01%             | 2040-03-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| Parker-Hannifin Corp                             | Parker-Hannifin Corp                                                             | CUSIP: 701094AL8<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |     45000 | PA      | $36842.40     | 0.00%             | 2047-03-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 31418D2M3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     61551 | PA      | $52790.13     | 0.01%             | 2051-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| NCR CORP                                         | NCR Corp                                                                         | CUSIP: 62886EBA5<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |     95000 | PA      | $81734.20     | 0.01%             | 2029-04-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Republic of Paraguay                             | Paraguay Government International Bond                                           | CUSIP: 000000000<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |    200000 | PA      | $171904.00    | 0.02%             | 2048-03-13      | Fixed         | 5.60%                 | No            |                  2 | On Loan: —       |
| WOLVERINE WORLD WIDE                             | Wolverine World Wide Inc                                                         | CUSIP: 978097AG8<br>LEI: 549300OVC7PK14LQ8D87 | Long             | DBT              | CORP              | US        |     45000 | PA      | $34004.70     | 0.00%             | 2029-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Asian Development Bank                           | Asian Development Bank                                                           | CUSIP: 045167EE9<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |     40000 | PA      | $37353.60     | 0.00%             | 2027-11-02      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MAGNA INTERNATIONAL INC                          | Magna International Inc                                                          | CUSIP: 559222AV6<br>LEI: 95RWVLFZX6VGDZNNTN43 | Long             | DBT              | CORP              | CA        |     45000 | PA      | $37501.65     | 0.00%             | 2030-06-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                         | Lloyds Banking Group PLC                                                         | CUSIP: 539439AM1<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    220000 | PA      | $208318.00    | 0.03%             | 2025-12-10      | Fixed         | 4.58%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                          | International Bank for Reconstruction & Development                              | CUSIP: 45905U6L3<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |     40000 | PA      | $38827.60     | 0.01%             | 2025-11-20      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| BOSTON PROPERTIES LP                             | Boston Properties LP                                                             | CUSIP: 10112RBD5<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              |  | US        |    165000 | PA      | $137969.70    | 0.02%             | 2031-01-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| DAVE & BUSTER'S INC                              | Dave & Buster's Inc                                                              | CUSIP: 23833NAH7<br>LEI: 549300JAVWTAY1FT5Z45 | Long             | DBT              | CORP              | US        |     41000 | PA      | $41444.03     | 0.01%             | 2025-11-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| ARTHUR J GALLAGHER & CO                          | Arthur J Gallagher & Co                                                          | CUSIP: 363576AB5<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |     10000 | PA      | $7167.30      | 0.00%             | 2051-05-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Ball Corp                                        | Ball Corp                                                                        | CUSIP: 058498AT3<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |     80000 | PA      | $79753.60     | 0.01%             | 2025-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810RK6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1375000 | PA      | $1060253.91   | 0.14%             | 2045-02-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CARRIER GLOBAL CORP                              | Carrier Global Corp                                                              | CUSIP: 14448CAQ7<br>LEI: 549300JE3W6CWY2NAN77 | Long             | DBT              | CORP              | US        |    104000 | PA      | $88771.28     | 0.01%             | 2030-02-15      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| Novartis Capital Corp                            | Novartis Capital Corp                                                            | CUSIP: 66989HAK4<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |    270000 | PA      | $243729.00    | 0.03%             | 2045-11-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WALGREENS BOOTS ALLIANCE                         | Walgreens Boots Alliance Inc                                                     | CUSIP: 931427AR9<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |     45000 | PA      | $36624.15     | 0.00%             | 2046-06-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Corning Inc                                      | Corning Inc                                                                      | CUSIP: 219350BL8<br>LEI: 549300X2937PB0CJ7I56 | Long             | DBT              | CORP              | US        |     52000 | PA      | $48495.72     | 0.01%             | 2068-11-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                              | Bank of Nova Scotia/The                                                          | CUSIP: 06417XAG6<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |     60000 | PA      | $51559.80     | 0.01%             | 2037-05-04      | Fixed         | 4.59%                 | No            |                  2 | On Loan: No      |
| SUMMIT MATERIALS LLC/FIN                         | Summit Materials LLC / Summit Materials Finance Corp                             | CUSIP: 86614RAM9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     25000 | PA      | $24469.50     | 0.00%             | 2027-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ROCKWELL AUTOMATION                              | Rockwell Automation Inc                                                          | CUSIP: 773903AH2<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | DBT              | CORP              | US        |    110000 | PA      | $103456.10    | 0.01%             | 2029-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                       | US Bancorp                                                                       | CUSIP: 91159HJG6<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    200000 | PA      | $190566.00    | 0.02%             | 2033-07-22      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| BANCO DE CREDITO DEL PER                         | Banco de Credito del Peru S.A.                                                   | CUSIP: 05971V2C8<br>LEI: 549300EQYQ8SCQZ4BY14 | Long             | DBT              | CORP              | PE        |    100000 | PA      | $90763.00     | 0.01%             | 2030-07-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| XEROX HOLDINGS CORP                              | Xerox Holdings Corp                                                              | CUSIP: 98421MAB2<br>LEI: 5493000Y33XDVO2CXC18 | Long             | DBT              | CORP              | US        |     55000 | PA      | $44315.70     | 0.01%             | 2028-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HILLENBRAND INC                                  | Hillenbrand Inc                                                                  | CUSIP: 431571AE8<br>LEI: U246OE781574J2BUD366 | Long             | DBT              | CORP              | US        |     35000 | PA      | $28803.25     | 0.00%             | 2031-03-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ALCON FINANCE CORP                               | Alcon Finance Corp                                                               | CUSIP: 01400EAB9<br>LEI: 549300CUZUI9VU7XNK42 | Long             | DBT              | CORP              | US        |     65000 | PA      | $56960.80     | 0.01%             | 2029-09-23      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Telefonica Emisiones SAU                         | Telefonica Emisiones SA                                                          | CUSIP: 87938WAV5<br>LEI: 549300Y5MFC4SW5Z3K71 | Long             | DBT              | CORP              | ES        |     50000 | PA      | $40434.50     | 0.01%             | 2038-03-06      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAP LLC/C                         | Outfront Media Capital LLC / Outfront Media Capital Corp                         | CUSIP: 69007TAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     55000 | PA      | $50299.70     | 0.01%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810RU4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    600000 | PA      | $493031.25    | 0.06%             | 2046-11-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| ANALOG DEVICES INC                               | Analog Devices Inc                                                               | CUSIP: 032654AS4<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | DBT              | CORP              | US        |     82000 | PA      | $79126.72     | 0.01%             | 2025-04-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: —       |
| Comcast Corp                                     | Comcast Corp                                                                     | CUSIP: 20030NCK5<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    100000 | PA      | $82323.00     | 0.01%             | 2048-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HP INC                                           | HP Inc                                                                           | CUSIP: 40434LAA3<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | DBT              | CORP              | US        |     90000 | PA      | $83998.80     | 0.01%             | 2025-06-17      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                     | Comcast Corp                                                                     | CUSIP: 20030NDH1<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    200000 | PA      | $167706.00    | 0.02%             | 2040-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| AXIS SPECIALTY FINAN PLC                         | AXIS Specialty Finance PLC                                                       | CUSIP: 05464HAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |     20000 | PA      | $18828.00     | 0.00%             | 2027-12-06      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VGH1<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    204000 | PA      | $178597.92    | 0.02%             | 2028-03-22      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| ALLSTATE CORP                                    | Allstate Corp/The                                                                | CUSIP: 020002AU5<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |     40000 | PA      | $38402.40     | 0.01%             | 2057-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CARLYLE FINANCE SUB LLC                          | Carlyle Finance Subsidiary LLC                                                   | CUSIP: 14314DAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $34452.00     | 0.00%             | 2029-09-19      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                               | VICI Properties LP                                                               | CUSIP: 925650AB9<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              |  | US        |    200000 | PA      | $190306.00    | 0.02%             | 2028-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                         | Warnermedia Holdings Inc                                                         | CUSIP: 55903VAN3<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    345000 | PA      | $275479.05    | 0.04%             | 2042-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                     | Broadcom Inc                                                                     | CUSIP: 11135FBV2<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    210000 | PA      | $184317.00    | 0.02%             | 2037-05-15      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                         | Marsh & McLennan Cos Inc                                                         | CUSIP: 571748AK8<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |     45000 | PA      | $47294.10     | 0.01%             | 2033-08-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| EMPOWER FINANCE 2020 LP                          | Empower Finance 2020 LP                                                          | CUSIP: 29248HAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     15000 | PA      | $9272.40      | 0.00%             | 2051-09-17      | Fixed         | 3.08%                 | No            |                  2 | On Loan: No      |
| MANITOWOC COMPANY INC                            | Manitowoc Co Inc/The                                                             | CUSIP: 563571AL2<br>LEI: 2RTSLGQ89VMY18RHX631 | Long             | DBT              | CORP              | US        |     16000 | PA      | $14785.76     | 0.00%             | 2026-04-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: —       |
| Dover Corp                                       | Dover Corp                                                                       | CUSIP: 260003AK4<br>LEI: 549300FMC2ALGA7N9E80 | Long             | DBT              | CORP              | US        |     57000 | PA      | $56190.60     | 0.01%             | 2041-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                      | Equinix Inc                                                                      | CUSIP: 29444UBT2<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              |  | US        |     15000 | PA      | $10557.60     | 0.00%             | 2052-02-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179UZT2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    250330 | PA      | $235298.12    | 0.03%             | 2049-09-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC                           | Lumen Technologies Inc                                                           | CUSIP: 156686AM9<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16048.00     | 0.00%             | 2028-01-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Ingredion Inc                                    | Ingredion Inc                                                                    | CUSIP: 457187AB8<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | DBT              | CORP              | US        |     82000 | PA      | $76811.04     | 0.01%             | 2026-10-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                     | UBS Group AG                                                                     | CUSIP: 90351DAF4<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    310000 | PA      | $299193.40    | 0.04%             | 2026-04-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| ERP Operating LP                                 | ERP Operating LP                                                                 | CUSIP: 26884ABD4<br>LEI: DX5HQV5MLU50FEWZ5072 | Long             | DBT              |  | US        |     25000 | PA      | $24072.25     | 0.00%             | 2025-06-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CET4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1000000 | PA      | $949375.00    | 0.12%             | 2027-05-31      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| ABU DHABI GOVT INT'L                             | Abu Dhabi Government International Bond                                          | CUSIP: 000000000<br>LEI: 213800FER4348CINTA77 | Long             | DBT              | NUSS              | AE        |    200000 | PA      | $146918.00    | 0.02%             | 2049-09-30      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| GRAPHIC PACKAGING INTERN                         | Graphic Packaging International LLC                                              | CUSIP: 38869AAB3<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |     35000 | PA      | $30712.85     | 0.00%             | 2028-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                           | NXP BV / NXP Funding LLC / NXP USA Inc                                           | CUSIP: 62954HAU2<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     45000 | PA      | $32103.90     | 0.00%             | 2041-05-11      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| WELLTOWER INC                                    | Welltower Inc                                                                    | CUSIP: 95040QAP9<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              |  | US        |     25000 | PA      | $19883.75     | 0.00%             | 2032-01-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| FIRST HORIZON CORP                               | First Horizon Corp                                                               | CUSIP: 320517AD7<br>LEI: TF3RXI1ZB1TQ30H9JV10 | Long             | DBT              | CORP              | US        |    140000 | PA      | $135227.40    | 0.02%             | 2025-05-26      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Belo Corp                                        | Belo Corp                                                                        | CUSIP: 080555AE5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     20000 | PA      | $19471.80     | 0.00%             | 2027-06-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                            | Toronto-Dominion Bank/The                                                        | CUSIP: 89114QCP1<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    210000 | PA      | $185411.10    | 0.02%             | 2026-01-06      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                          | Inter-American Development Bank                                                  | CUSIP: 4581X0DJ4<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    225000 | PA      | $208759.50    | 0.03%             | 2026-07-23      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ICBCIL FINANCE CO LTD                            | ICBCIL Finance Co Ltd                                                            | CUSIP: 000000000<br>LEI: 549300ZCUURSNVTOEU07 | Long             | DBT              | CORP              | HK        |    200000 | PA      | $177948.00    | 0.02%             | 2026-08-02      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RAZ0<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16680.20     | 0.00%             | 2029-01-25      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                 | Crown Castle Inc                                                                 | CUSIP: 22822VAW1<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |     81000 | PA      | $64296.99     | 0.01%             | 2031-04-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                               | VICI Properties LP                                                               | CUSIP: 925650AD5<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              |  | US        |    105000 | PA      | $98017.50     | 0.01%             | 2032-05-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| GANNETT HOLDINGS LLC                             | Gannett Holdings LLC                                                             | CUSIP: 36474GAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     25000 | PA      | $20150.25     | 0.00%             | 2026-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| SF HLDNG INVESTMENT 2021                         | SF Holding Investment 2021 Ltd                                                   | CUSIP: 000000000<br>LEI: 655600V9A105VPU0VS17 | Long             | DBT              | CORP              | VG        |    200000 | PA      | $162774.00    | 0.02%             | 2031-11-17      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                     | Broadcom Inc                                                                     | CUSIP: 11135FAQ4<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    200000 | PA      | $179870.00    | 0.02%             | 2030-11-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Cboe Global Markets Inc                          | Cboe Global Markets Inc                                                          | CUSIP: 12503MAA6<br>LEI: 529900RLNSGA90UPEH54 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28651.80     | 0.00%             | 2027-01-12      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                          | Romanian Government International Bond                                           | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     50000 | PA      | $48698.00     | 0.01%             | 2027-11-25      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC                                   | S&P Global Inc                                                                   | CUSIP: 78409VBB9<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |    100000 | PA      | $89038.00     | 0.01%             | 2029-03-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Sealed Air Corp                                  | Sealed Air Corp                                                                  | CUSIP: 81211KAK6<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |     45000 | PA      | $44290.80     | 0.01%             | 2033-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                            | Truist Financial Corp                                                            | CUSIP: 89788NAA8<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |     50000 | PA      | $47154.00     | 0.01%             | 2033-07-28      | Fixed         | 4.92%                 | No            |                  2 | On Loan: No      |
| LABORATORY CORP OF AMER                          | Laboratory Corp of America Holdings                                              | CUSIP: 50540RAW2<br>LEI: OZ7UA8IXAIFILY2VZH07 | Long             | DBT              | CORP              | US        |     82000 | PA      | $71437.58     | 0.01%             | 2029-12-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: —       |
| Northern Trust Corp                              | Northern Trust Corp                                                              | CUSIP: 665859AU8<br>LEI: 549300GLF98S992BC502 | Long             | DBT              | CORP              | US        |    146000 | PA      | $133898.06    | 0.02%             | 2029-05-03      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Masco Corp                                       | Masco Corp                                                                       | CUSIP: 574599BN5<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | DBT              | CORP              | US        |     35000 | PA      | $32201.75     | 0.00%             | 2027-11-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CBT7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    300000 | PA      | $269835.94    | 0.04%             | 2026-03-31      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Vodafone Group PLC                               | Vodafone Group PLC                                                               | CUSIP: 92857WBH2<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |     71000 | PA      | $70248.82     | 0.01%             | 2024-01-16      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                              | Bank of Nova Scotia/The                                                          | CUSIP: 0641596E1<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    130000 | PA      | $120907.80    | 0.02%             | 2024-07-31      | Fixed         | 0.65%                 | No            |                  2 | On Loan: No      |
| INTL FLAVOR & FRAGRANCES                         | International Flavors & Fragrances Inc                                           | CUSIP: 459506AP6<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | DBT              | CORP              | US        |    100000 | PA      | $83739.00     | 0.01%             | 2027-10-15      | Fixed         | 1.83%                 | No            |                  2 | On Loan: No      |
| SPX FLOW INC                                     | SPX FLOW Inc                                                                     | CUSIP: 758071AA2<br>LEI: 5493003YXEKRBINIEM78 | Long             | DBT              | CORP              | US        |     40000 | PA      | $33101.60     | 0.00%             | 2030-04-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: —       |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CAJ0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    300000 | PA      | $269953.13    | 0.04%             | 2025-08-31      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| OHIO POWER COMPANY                               | Ohio Power Co                                                                    | CUSIP: 677415CQ2<br>LEI: 06ZODLC132CY1O2Y7D77 | Long             | DBT              | CORP              | US        |     50000 | PA      | $40842.00     | 0.01%             | 2048-04-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VCX0<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    180000 | PA      | $158304.60    | 0.02%             | 2048-09-15      | Fixed         | 4.52%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912828ZW3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1150000 | PA      | $1042636.72   | 0.14%             | 2025-06-30      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| State Street Corp                                | State Street Corp                                                                | CUSIP: 857477AN3<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |     89000 | PA      | $87054.46     | 0.01%             | 2024-12-16      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| MARTIN MARIETTA MATERIAL                         | Martin Marietta Materials Inc                                                    | CUSIP: 573284AQ9<br>LEI: 5299005MZ4WZECVATV08 | Long             | DBT              | CORP              | US        |     35000 | PA      | $32804.80     | 0.00%             | 2027-06-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| DH EUROPE FINANCE II                             | DH Europe Finance II Sarl                                                        | CUSIP: 23291KAK1<br>LEI: 222100KDGL314CKTZ511 | Long             | DBT              | CORP              | LU        |     92000 | PA      | $70933.84     | 0.01%             | 2049-11-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140MGK34<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    568416 | PA      | $467091.97    | 0.06%             | 2052-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                          | Inter-American Development Bank                                                  | CUSIP: 4581X0CF3<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    202000 | PA      | $198196.34    | 0.03%             | 2024-02-21      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MACY'S RETAIL HLDGS LLC                          | Macy's Retail Holdings LLC                                                       | CUSIP: 55616XAG2<br>LEI: 549300JMONK27O4SQQ19 | Long             | DBT              | CORP              | US        |     20000 | PA      | $13807.40     | 0.00%             | 2042-01-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                         | Alexandria Real Estate Equities Inc                                              | CUSIP: 015271AV1<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |     63000 | PA      | $46965.24     | 0.01%             | 2033-02-01      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| CATALENT PHARMA SOLUTION                         | Catalent Pharma Solutions Inc                                                    | CUSIP: 14879EAH1<br>LEI: 549300HALRZ339MSTH85 | Long             | DBT              | CORP              | US        |     45000 | PA      | $36808.20     | 0.00%             | 2029-02-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                       | US Bancorp                                                                       | CUSIP: 91159HJC5<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |     30000 | PA      | $26874.00     | 0.00%             | 2028-01-27      | Fixed         | 2.22%                 | No            |                  2 | On Loan: No      |
| Boston Properties LP                             | Boston Properties LP                                                             | CUSIP: 10112RAY0<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              |  | US        |     90000 | PA      | $81701.10     | 0.01%             | 2026-10-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| CITIZENS FINANCIAL GROUP                         | Citizens Financial Group Inc                                                     | CUSIP: 174610BE4<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4669.20      | 0.00%             | 2037-05-21      | Fixed         | 5.64%                 | No            |                  2 | On Loan: No      |
| Ball Corp                                        | Ball Corp                                                                        | CUSIP: 058498AS5<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73495.50     | 0.01%             | 2023-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hubbell Inc                                      | Hubbell Inc                                                                      | CUSIP: 443510AH5<br>LEI: 54930088VDQ6840Y6597 | Long             | DBT              | CORP              | US        |     15000 | PA      | $13828.65     | 0.00%             | 2027-08-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133GEGN2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    219480 | PA      | $197168.80    | 0.03%             | 2036-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| XYLEM INC                                        | Xylem Inc/NY                                                                     | CUSIP: 98419MAL4<br>LEI: 549300DF5MV96DRYLQ48 | Long             | DBT              | CORP              | US        |     77000 | PA      | $63268.59     | 0.01%             | 2031-01-30      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| JAZZ SECURITIES DAC                              | Jazz Securities DAC                                                              | CUSIP: 47216FAA5<br>LEI: 6354009DV8VV7K6KOO02 | Long             | DBT              | CORP              | IE        |    100000 | PA      | $89943.00     | 0.01%             | 2029-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| WESTERN UNION CO/THE                             | Western Union Co/The                                                             | CUSIP: 959802AY5<br>LEI: 28ID94QU1140NC23S047 | Long             | DBT              | CORP              | US        |     92000 | PA      | $87634.60     | 0.01%             | 2025-01-10      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| TRUIST BANK                                      | Truist Bank                                                                      | CUSIP: 07330NAT2<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19012.60     | 0.00%             | 2024-12-06      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| OEKB OEST. KONTROLLBANK                          | Oesterreichische Kontrollbank AG                                                 | CUSIP: 676167CA5<br>LEI: 5299000OVRLMF858L016 | Long             | DBT              | CORP              | AT        |    250000 | PA      | $235357.50    | 0.03%             | 2025-02-12      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CBR1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1710000 | PA      | $1616484.38   | 0.21%             | 2024-03-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                              | COMM 2015-CCRE25 Mortgage Trust                                                  | CUSIP: 12593PAW2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $953678.56    | 0.12%             | 2048-08-10      | Fixed         | 3.76%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS                         | Discovery Communications LLC                                                     | CUSIP: 25470DAS8<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |     57000 | PA      | $47184.03     | 0.01%             | 2037-09-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XFPN5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    125339 | PA      | $112605.00    | 0.01%             | 2037-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| GATX Corp                                        | GATX Corp                                                                        | CUSIP: 361448BE2<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24004.00     | 0.00%             | 2029-04-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92344GAX4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     72000 | PA      | $73997.28     | 0.01%             | 2035-09-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| NORDEA BANK ABP                                  | Nordea Bank Abp                                                                  | CUSIP: 65559CAB7<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |    290000 | PA      | $258877.20    | 0.03%             | 2025-08-28      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                               | Vodafone Group PLC                                                               | CUSIP: 92857WBW9<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |     70000 | PA      | $52301.20     | 0.01%             | 2081-06-04      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| STATE ELITE GLOBAL LTD                           | State Elite Global Ltd                                                           | CUSIP: 000000000<br>LEI: 254900FRO7K50Y54IW59 | Long             | DBT              | CORP              | VG        |    200000 | PA      | $179520.00    | 0.02%             | 2026-09-29      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                           | Asian Development Bank                                                           | CUSIP: 045167FC2<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    234000 | PA      | $210873.78    | 0.03%             | 2026-04-14      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Steelcase Inc                                    | Steelcase Inc                                                                    | CUSIP: 858155AE4<br>LEI: GIE4CCPBJDI8SMV1OX95 | Long             | DBT              | CORP              | US        |     37000 | PA      | $32440.12     | 0.00%             | 2029-01-18      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| WP CAREY INC                                     | WP Carey Inc                                                                     | CUSIP: 92936UAH2<br>LEI: 54930042CRNE713E3Q67 | Long             | DBT              |  | US        |    115000 | PA      | $85796.90     | 0.01%             | 2033-04-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| ALLSTATE CORP                                    | Allstate Corp/The                                                                | CUSIP: 020002AQ4<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |     40000 | PA      | $40554.80     | 0.01%             | 2033-06-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Realty Income Corp                               | Realty Income Corp                                                               | CUSIP: 756109AR5<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9700.20      | 0.00%             | 2026-10-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc                         | Prudential Financial Inc                                                         | CUSIP: 74432QCE3<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |     80000 | PA      | $69108.00     | 0.01%             | 2050-02-25      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| SVB FINANCIAL GROUP                              | SVB Financial Group                                                              | CUSIP: 78486QAF8<br>LEI: 549300D2KJ20JMXE7542 | Long             | DBT              | CORP              | US        |     75000 | PA      | $53629.50     | 0.01%             | 2031-02-02      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP                           | Aviation Capital Group LLC                                                       | CUSIP: 05369AAA9<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |     90000 | PA      | $77456.70     | 0.01%             | 2027-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810SL3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    900000 | PA      | $614671.88    | 0.08%             | 2050-02-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| JUNIPER NETWORKS INC                             | Juniper Networks Inc                                                             | CUSIP: 48203RAN4<br>LEI: AUHIXNGG7U2U7JEHM527 | Long             | DBT              | CORP              | US        |     47000 | PA      | $41933.87     | 0.01%             | 2025-12-10      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| BLOCK FINANCIAL LLC                              | Block Financial LLC                                                              | CUSIP: 093662AJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    130000 | PA      | $111185.10    | 0.01%             | 2028-07-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| HP INC                                           | HP Inc                                                                           | CUSIP: 40434LAN5<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28653.30     | 0.00%             | 2033-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| EBAY INC                                         | eBay Inc                                                                         | CUSIP: 278642AX1<br>LEI: OML71K8X303XQONU6T67 | Long             | DBT              | CORP              | US        |     60000 | PA      | $53490.00     | 0.01%             | 2026-05-10      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                        | Amgen Inc                                                                        | CUSIP: 031162DH0<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    200000 | PA      | $190574.00    | 0.02%             | 2029-08-18      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XFFW6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    139081 | PA      | $124947.29    | 0.02%             | 2036-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179VDP2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    371479 | PA      | $349072.15    | 0.05%             | 2050-01-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PepsiCo Inc                                      | PepsiCo Inc                                                                      | CUSIP: 713448CC0<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     30000 | PA      | $25560.00     | 0.00%             | 2042-08-13      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| HCA INC                                          | HCA Inc                                                                          | CUSIP: 404119BY4<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    125000 | PA      | $111808.75    | 0.01%             | 2039-06-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                          | International Bank for Reconstruction & Development                              | CUSIP: 459058JA2<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    225000 | PA      | $208095.75    | 0.03%             | 2025-03-11      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                         | Alexandria Real Estate Equities Inc                                              | CUSIP: 015271AR0<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |     40000 | PA      | $35120.40     | 0.00%             | 2031-08-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                      | Equinix Inc                                                                      | CUSIP: 29444UBF2<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              |  | US        |     89000 | PA      | $80459.56     | 0.01%             | 2025-07-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| US Bancorp                                       | US Bancorp                                                                       | CUSIP: 91159HHM5<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |     40000 | PA      | $38011.20     | 0.00%             | 2026-04-27      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Amgen Inc                                        | Amgen Inc                                                                        | CUSIP: 031162BY5<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     37000 | PA      | $35804.16     | 0.00%             | 2025-05-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| SCRIPPS ESCROW INC                               | Scripps Escrow Inc                                                               | CUSIP: 81104PAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     35000 | PA      | $31437.35     | 0.00%             | 2027-07-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Mastercard Inc                                   | Mastercard Inc                                                                   | CUSIP: 57636QAJ3<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |     60000 | PA      | $57702.60     | 0.01%             | 2028-02-26      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| KFW                                              | Kreditanstalt fuer Wiederaufbau                                                  | CUSIP: 500769JF2<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |    375000 | PA      | $339566.25    | 0.04%             | 2025-07-18      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| Coca-Cola Co/The                                 | Coca-Cola Co/The                                                                 | CUSIP: 191216CE8<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |     35000 | PA      | $33243.70     | 0.00%             | 2027-05-25      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                      | Prologis LP                                                                      | CUSIP: 74340XBU4<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |    120000 | PA      | $114102.00    | 0.01%             | 2026-06-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| HCA INC                                          | HCA Inc                                                                          | CUSIP: 404119CM9<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8138.40      | 0.00%             | 2042-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| AVERY DENNISON CORP                              | Avery Dennison Corp                                                              | CUSIP: 053611AM1<br>LEI: 549300PW7VPFCYKLIV37 | Long             | DBT              | CORP              | US        |     55000 | PA      | $42426.45     | 0.01%             | 2032-02-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| JABIL INC                                        | Jabil Inc                                                                        | CUSIP: 466313AK9<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |     35000 | PA      | $28731.15     | 0.00%             | 2031-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                     | Broadcom Inc                                                                     | CUSIP: 11135FBF7<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     15000 | PA      | $11329.20     | 0.00%             | 2033-02-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Amphenol Corp                                    | Amphenol Corp                                                                    | CUSIP: 032095AH4<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |     90000 | PA      | $86979.60     | 0.01%             | 2029-06-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MCA6<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    240000 | PA      | $218829.60    | 0.03%             | 2025-07-08      | Fixed         | 1.47%                 | No            |                  2 | On Loan: No      |
| MASTERCARD INC                                   | Mastercard Inc                                                                   | CUSIP: 57636QAU8<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |     25000 | PA      | $20607.75     | 0.00%             | 2031-11-18      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Biogen Inc                                       | Biogen Inc                                                                       | CUSIP: 09062XAF0<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | DBT              | CORP              | US        |    120000 | PA      | $116983.20    | 0.02%             | 2025-09-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ARGENTINA                            | Argentina Bonar Bonds                                                            | CUSIP: 000000000<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |    190000 | PA      | $41733.50     | 0.01%             | 2029-07-09      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| SALESFORCE INC                                   | Salesforce Inc                                                                   | CUSIP: 79466LAG9<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | DBT              | CORP              | US        |     35000 | PA      | $32848.90     | 0.00%             | 2024-07-15      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC                                   | S&P Global Inc                                                                   | CUSIP: 78409VBD5<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |     25000 | PA      | $20112.25     | 0.00%             | 2052-03-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                 | Coca-Cola Co/The                                                                 | CUSIP: 191216CX6<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |    146000 | PA      | $101039.30    | 0.01%             | 2050-06-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| PAYPAL HOLDINGS INC                              | PayPal Holdings Inc                                                              | CUSIP: 70450YAJ2<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |    102000 | PA      | $72277.20     | 0.01%             | 2050-06-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                           | NXP BV / NXP Funding LLC / NXP USA Inc                                           | CUSIP: 62954HBA5<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    132000 | PA      | $104639.04    | 0.01%             | 2031-05-11      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                            | CUSIP: 31307NT61<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    571020 | PA      | $554269.28    | 0.07%             | 2029-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Conagra Brands Inc                               | Conagra Brands Inc                                                               | CUSIP: 205887CE0<br>LEI: 54930035UDEIH090K650 | Long             | DBT              | CORP              | US        |    105000 | PA      | $99986.25     | 0.01%             | 2048-11-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XB2Y5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    209136 | PA      | $194901.25    | 0.03%             | 2049-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810RT7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2300000 | PA      | $1669296.88   | 0.22%             | 2046-08-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822AJ3<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |     15000 | PA      | $13750.65     | 0.00%             | 2026-09-13      | Fixed         | 2.76%                 | No            |                  2 | On Loan: No      |
| INTERPUBLIC GROUP COS                            | Interpublic Group of Cos Inc/The                                                 | CUSIP: 460690BS8<br>LEI: 5493008IUOJ5VWTRC333 | Long             | DBT              | CORP              | US        |     48000 | PA      | $33981.12     | 0.00%             | 2041-03-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Regency Centers LP                               | Regency Centers LP                                                               | CUSIP: 75884RAY9<br>LEI: 5493008PTR2GAOYBXW28 | Long             | DBT              |  | US        |     35000 | PA      | $28506.45     | 0.00%             | 2049-03-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| BDO UNIBANK INC                                  | BDO Unibank Inc                                                                  | CUSIP: 000000000<br>LEI: 3FGIIBS1PEI1FYQBGN97 | Long             | DBT              | CORP              | PH        |    200000 | PA      | $180556.00    | 0.02%             | 2026-01-13      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| LABORATORY CORP OF AMER                          | Laboratory Corp of America Holdings                                              | CUSIP: 50540RAT9<br>LEI: OZ7UA8IXAIFILY2VZH07 | Long             | DBT              | CORP              | US        |    186000 | PA      | $179503.02    | 0.02%             | 2024-09-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Novartis Capital Corp                            | Novartis Capital Corp                                                            | CUSIP: 66989HAH1<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |     35000 | PA      | $33297.95     | 0.00%             | 2044-05-06      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Hexcel Corp                                      | Hexcel Corp                                                                      | CUSIP: 428291AN8<br>LEI: S6Q7LW43WUBUHXY2QP69 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28016.70     | 0.00%             | 2027-02-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS THEME PARKS                            | Six Flags Theme Parks Inc                                                        | CUSIP: 83001WAC8<br>LEI: 5493003MX0ZXTM8EVY68 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25195.50     | 0.00%             | 2025-07-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC                              | Sirius XM Radio Inc                                                              | CUSIP: 82967NBM9<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    110000 | PA      | $89895.30     | 0.01%             | 2031-09-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| PROGRESSIVE CORP                                 | Progressive Corp/The                                                             | CUSIP: 743315AQ6<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |     25000 | PA      | $19622.75     | 0.00%             | 2045-01-26      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| FMC CORP                                         | FMC Corp                                                                         | CUSIP: 302491AV7<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | DBT              | CORP              | US        |     60000 | PA      | $48501.00     | 0.01%             | 2049-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WILLIAMS SCOTSMAN INTL                           | Williams Scotsman International Inc                                              | CUSIP: 71953LAA9<br>LEI: 549300V3TCHCBOBTGH07 | Long             | DBT              | CORP              | US        |     33000 | PA      | $32929.05     | 0.00%             | 2025-06-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X7VJ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     57483 | PA      | $53570.52     | 0.01%             | 2049-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS                         | Discovery Communications LLC                                                     | CUSIP: 25470DBE8<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |     25000 | PA      | $23910.25     | 0.00%             | 2025-06-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Target Corp                                      | Target Corp                                                                      | CUSIP: 87612EBA3<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4421.50      | 0.00%             | 2042-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Constellium SE                                   | Constellium SE                                                                   | CUSIP: 210383AG0<br>LEI: 724500KRJEMC79KAAU28 | Long             | DBT              | CORP              | FR        |     25000 | PA      | $23864.50     | 0.00%             | 2026-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| TRAVELERS COS INC                                | Travelers Cos Inc/The                                                            | CUSIP: 89417EAQ2<br>LEI: 549300Y650407RU8B149 | Long             | DBT              | CORP              | US        |     77000 | PA      | $48558.51     | 0.01%             | 2050-04-27      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| QBE INSURANCE GROUP LTD                          | QBE Insurance Group Ltd                                                          | CUSIP: 000000000<br>LEI: 549300D2FBW76FPUSG65 | Long             | DBT              | CORP              | AU        |    200000 | PA      | $174760.00    | 0.02%             | 2025-05-16      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Ventas Realty LP                                 | Ventas Realty LP                                                                 | CUSIP: 92277GAG2<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              | CORP              | US        |     60000 | PA      | $58047.00     | 0.01%             | 2026-01-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL                         | Penske Truck Leasing Co Lp / PTL Finance Corp                                    | CUSIP: 709599BE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     32000 | PA      | $30947.52     | 0.00%             | 2026-01-29      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| API GROUP DE INC                                 | APi Group DE Inc                                                                 | CUSIP: 00185PAA9<br>LEI: 549300XP4G7B4QYA0G83 | Long             | DBT              | CORP              | US        |     30000 | PA      | $26373.30     | 0.00%             | 2029-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                          | John Deere Capital Corp                                                          | CUSIP: 24422EVK2<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1785.58      | 0.00%             | 2026-01-15      | Fixed         | 0.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QFA58<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    107561 | PA      | $93228.60     | 0.01%             | 2050-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| KOREA NATIONAL OIL CORP                          | Korea National Oil Corp                                                          | CUSIP: 50066RAS5<br>LEI: 988400ZTQ08W926ONT36 | Long             | DBT              | NUSS              | KR        |    200000 | PA      | $177294.00    | 0.02%             | 2027-04-18      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP                          | Asbury Automotive Group Inc                                                      | CUSIP: 043436AX2<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |     50000 | PA      | $42283.00     | 0.01%             | 2032-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HEALTHPEAK PROPERTIES                            | Healthpeak Properties Inc                                                        | CUSIP: 42250PAC7<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | DBT              |  | US        |     25000 | PA      | $21584.00     | 0.00%             | 2027-02-01      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| Republic of Peru                                 | Peruvian Government International Bond                                           | CUSIP: 715638BM3<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |     25000 | PA      | $25061.00     | 0.00%             | 2050-11-18      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| SEALED AIR CORP                                  | Sealed Air Corp                                                                  | CUSIP: 81211KAZ3<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |    120000 | PA      | $103484.40    | 0.01%             | 2026-10-15      | Fixed         | 1.57%                 | No            |                  2 | On Loan: No      |
| CORPORATE OFFICE PROP LP                         | Corporate Office Properties LP                                                   | CUSIP: 22003BAN6<br>LEI: H0TWO5VRNEP6CQAWPX27 | Long             | DBT              |  | US        |     30000 | PA      | $23236.20     | 0.00%             | 2029-01-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                          | International Bank for Reconstruction & Development                              | CUSIP: 459058JG9<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |     86000 | PA      | $68142.96     | 0.01%             | 2030-08-26      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| NRW.BANK                                         | NRW Bank                                                                         | CUSIP: 000000000<br>LEI: 52990002O5KK6XOGJ020 | Long             | DBT              | CORP              | DE        |     25000 | PA      | $22415.50     | 0.00%             | 2026-03-09      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| GEN DIGITAL INC                                  | Gen Digital Inc                                                                  | CUSIP: 668771AK4<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75320.25     | 0.01%             | 2027-09-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Hasbro Inc                                       | Hasbro Inc                                                                       | CUSIP: 418056AU1<br>LEI: 549300NUB6D2R1ITYR45 | Long             | DBT              | CORP              | US        |     53000 | PA      | $45013.96     | 0.01%             | 2044-05-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Magna International Inc                          | Magna International Inc                                                          | CUSIP: 559222AR5<br>LEI: 95RWVLFZX6VGDZNNTN43 | Long             | DBT              | CORP              | CA        |    107000 | PA      | $105198.12    | 0.01%             | 2025-10-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                        | Amgen Inc                                                                        | CUSIP: 031162CZ1<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    200000 | PA      | $159392.00    | 0.02%             | 2032-01-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                      | Equinix Inc                                                                      | CUSIP: 29444UBM7<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              |  | US        |     79000 | PA      | $50696.67     | 0.01%             | 2051-09-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                                | Iron Mountain Inc                                                                | CUSIP: 46284VAJ0<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |    100000 | PA      | $89994.00     | 0.01%             | 2030-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810SC3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1000000 | PA      | $863906.25    | 0.11%             | 2048-05-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| GATX CORP                                        | GATX Corp                                                                        | CUSIP: 361448BH5<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |     45000 | PA      | $27733.50     | 0.00%             | 2051-06-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Mastercard Inc                                   | Mastercard Inc                                                                   | CUSIP: 57636QAH7<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |     44000 | PA      | $38009.40     | 0.00%             | 2046-11-21      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CCS8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2550000 | PA      | $2100562.50   | 0.27%             | 2031-08-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| SINGTEL GROUP TREASURY                           | SingTel Group Treasury Pte Ltd                                                   | CUSIP: 000000000<br>LEI: 2549002FQJ4364A54N70 | Long             | DBT              | CORP              | SG        |    200000 | PA      | $163996.00    | 0.02%             | 2030-06-10      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Kimco Realty Corp                                | Kimco Realty Corp                                                                | CUSIP: 49446RAM1<br>LEI: 549300EA7I6T15IBYS12 | Long             | DBT              |  | US        |     30000 | PA      | $23319.60     | 0.00%             | 2045-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| NATIONAL BANK OF CANADA                          | National Bank of Canada                                                          | CUSIP: 63307A2P9<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |    300000 | PA      | $277947.00    | 0.04%             | 2024-08-06      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                          | International Bank for Reconstruction & Development                              | CUSIP: 459058DX8<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    212000 | PA      | $204257.76    | 0.03%             | 2024-11-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                       | Fiserv Inc                                                                       | CUSIP: 337738BC1<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |     54000 | PA      | $45675.36     | 0.01%             | 2030-06-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                     | Comcast Corp                                                                     | CUSIP: 20030NDA6<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    200000 | PA      | $174666.00    | 0.02%             | 2030-02-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Dollar General Corp                              | Dollar General Corp                                                              | CUSIP: 256677AD7<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24540.25     | 0.00%             | 2025-11-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                          | BPCE SA                                                                          | CUSIP: 05578AAN8<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |     75000 | PA      | $63154.50     | 0.01%             | 2029-10-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: —       |
| PITNEY BOWES INC                                 | Pitney Bowes Inc                                                                 | CUSIP: 724479AP5<br>LEI: 549300N2O26NW4ST6W55 | Long             | DBT              | CORP              | US        |     25000 | PA      | $19370.50     | 0.00%             | 2027-03-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Corning Inc                                      | Corning Inc                                                                      | CUSIP: 219350AW5<br>LEI: 549300X2937PB0CJ7I56 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27144.60     | 0.00%             | 2042-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| OHIO POWER COMPANY                               | Ohio Power Co                                                                    | CUSIP: 677415CU3<br>LEI: 06ZODLC132CY1O2Y7D77 | Long             | DBT              | CORP              | US        |     25000 | PA      | $16624.50     | 0.00%             | 2051-10-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                              | Charles Schwab Corp/The                                                          | CUSIP: 808513BS3<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     15000 | PA      | $12439.35     | 0.00%             | 2031-05-13      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                             | OneMain Finance Corp                                                             | CUSIP: 85172FAQ2<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91927.00     | 0.01%             | 2028-01-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC                                   | S&P Global Inc                                                                   | CUSIP: 78409VAP9<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |     20000 | PA      | $17336.40     | 0.00%             | 2029-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| REINSURANCE GRP OF AMER                          | Reinsurance Group of America Inc                                                 | CUSIP: 759351AM1<br>LEI: LORM1GNEU1DKEW527V90 | Long             | DBT              | CORP              | US        |    136000 | PA      | $131609.92    | 0.02%             | 2026-09-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Welltower Inc                                    | Welltower Inc                                                                    | CUSIP: 42217KBC9<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              |  | US        |     40000 | PA      | $39648.40     | 0.01%             | 2024-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CME Group Inc                                    | CME Group Inc                                                                    | CUSIP: 12572QAF2<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | DBT              | CORP              | US        |     75000 | PA      | $78024.75     | 0.01%             | 2043-09-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QMZZ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1352632 | PA      | $1157228.33   | 0.15%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                         | Intercontinental Exchange Inc                                                    | CUSIP: 45866FAY0<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9744.20      | 0.00%             | 2062-06-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| REPUBLICA ORIENT URUGUAY                         | Uruguay Government International Bond                                            | CUSIP: 917288BK7<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |     50000 | PA      | $50000.00     | 0.01%             | 2031-01-23      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| TORONTO-DOMINION BANK                            | Toronto-Dominion Bank/The                                                        | CUSIP: 89114TZJ4<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |     40000 | PA      | $31513.60     | 0.00%             | 2031-09-10      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ONTARIO (PROVINCE OF)                            | Province of Ontario Canada                                                       | CUSIP: 68323ADP6<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |    220000 | PA      | $206830.80    | 0.03%             | 2026-04-27      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                 | Crown Castle Inc                                                                 | CUSIP: 22822VAK7<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |     82000 | PA      | $76621.62     | 0.01%             | 2028-02-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179VBF6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1129856 | PA      | $1031244.26   | 0.13%             | 2049-12-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AFFILIATED MANAGERS GROU                         | Affiliated Managers Group Inc                                                    | CUSIP: 008252AN8<br>LEI: 2JE75BUE3T1BLCYYGK54 | Long             | DBT              | CORP              | US        |     35000 | PA      | $33698.35     | 0.00%             | 2025-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810QX9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    690000 | PA      | $568171.88    | 0.07%             | 2042-08-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179S5L7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    466292 | PA      | $440476.58    | 0.06%             | 2047-05-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| KENNEDY-WILSON INC                               | Kennedy-Wilson Inc                                                               | CUSIP: 489399AN5<br>LEI: 5EA4464UK7FM5QNNKL62 | Long             | DBT              | CORP              | US        |     50000 | PA      | $39611.00     | 0.01%             | 2030-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT CORP                                   | Open Text Corp                                                                   | CUSIP: 683715AD8<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |     65000 | PA      | $52196.30     | 0.01%             | 2029-12-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| QNB FINANCE LTD                                  | QNB Finance Ltd                                                                  | CUSIP: 000000000<br>LEI: 549300MY0DXTHQEX5O57 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $188190.00    | 0.02%             | 2025-05-12      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| NetApp Inc                                       | NetApp Inc                                                                       | CUSIP: 64110DAF1<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19375.00     | 0.00%             | 2024-09-29      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| JPN BANK FOR INT'L COOP                          | Japan Bank for International Cooperation                                         | CUSIP: 471048BM9<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |    200000 | PA      | $187538.00    | 0.02%             | 2027-07-21      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CDN8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1770000 | PA      | $1655226.56   | 0.22%             | 2024-12-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                         | Intercontinental Exchange Inc                                                    | CUSIP: 45866FAX2<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24112.25     | 0.00%             | 2052-06-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| PROGRESSIVE CORP                                 | Progressive Corp/The                                                             | CUSIP: 743315AW3<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |     80000 | PA      | $72273.60     | 0.01%             | 2030-03-26      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 9128282A7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1400000 | PA      | $1280781.25   | 0.17%             | 2026-08-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 31418CUA0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     72113 | PA      | $67204.69     | 0.01%             | 2048-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HP ENTERPRISE CO                                 | Hewlett Packard Enterprise Co                                                    | CUSIP: 42824CBK4<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |     80000 | PA      | $72675.20     | 0.01%             | 2026-04-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| KOHL'S CORPORATION                               | Kohl's Corp                                                                      | CUSIP: 500255AV6<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | DBT              | CORP              | US        |     45000 | PA      | $29701.80     | 0.00%             | 2045-07-17      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Meritage Homes Corp                              | Meritage Homes Corp                                                              | CUSIP: 59001ABA9<br>LEI: 52990044W9UMFJO2FB97 | Long             | DBT              | CORP              | US        |     25000 | PA      | $23622.00     | 0.00%             | 2027-06-06      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                     | UBS Group AG                                                                     | CUSIP: 902613AP3<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |     25000 | PA      | $24007.00     | 0.00%             | 2028-05-12      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| DNB BANK ASA                                     | DNB Bank ASA                                                                     | CUSIP: 23329PAG5<br>LEI: 549300GKFG0RYRRQ1414 | Long             | DBT              | CORP              | NO        |    230000 | PA      | $200523.20    | 0.03%             | 2027-05-25      | Fixed         | 1.54%                 | No            |                  2 | On Loan: No      |
| MATTHEWS INTERNATIONAL C                         | Matthews International Corp                                                      | CUSIP: 577128AA9<br>LEI: 549300ZVC5O0ATML6U61 | Long             | DBT              | CORP              | US        |     21000 | PA      | $19571.37     | 0.00%             | 2025-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822CB8<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    110000 | PA      | $86716.30     | 0.01%             | 2032-10-13      | Fixed         | 2.49%                 | No            |                  2 | On Loan: No      |
| KEYCORP                                          | KeyCorp                                                                          | CUSIP: 49326EEK5<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | DBT              | CORP              | US        |    161000 | PA      | $143357.62    | 0.02%             | 2027-04-06      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                        | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F0324C5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1075000 | PA      | $1032755.85   | 0.13%             | 2037-12-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa                         | Republic of South Africa Government International Bond                           | CUSIP: 836205AP9<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    125000 | PA      | $109135.00    | 0.01%             | 2041-03-08      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                               | Ally Financial Inc                                                               | CUSIP: 02005NBJ8<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    164000 | PA      | $164842.96    | 0.02%             | 2025-05-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                              | Elevance Health Inc                                                              | CUSIP: 036752AG8<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    210000 | PA      | $203130.90    | 0.03%             | 2028-03-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| PepsiCo Inc                                      | PepsiCo Inc                                                                      | CUSIP: 713448DD7<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4849.60      | 0.00%             | 2046-04-14      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QGXT9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     58200 | PA      | $52363.12     | 0.01%             | 2036-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP/CSL CAPITAL                          | Uniti Group LP / Uniti Group Finance Inc / CSL Capital LLC                       | CUSIP: 91327BAB6<br>LEI: N/A                  | Long             | DBT              |  | US        |     45000 | PA      | $37557.45     | 0.00%             | 2028-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO                             | Kraft Heinz Foods Co                                                             | CUSIP: 50077LBF2<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |     31000 | PA      | $29451.86     | 0.00%             | 2031-03-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CEA5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3000000 | PA      | $2886093.75   | 0.38%             | 2024-02-29      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC      | BBCMS Trust 2021-C10                                                             | CUSIP: 05551VBJ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    460000 | PA      | $379187.46    | 0.05%             | 2054-07-15      | Fixed         | 2.49%                 | No            |                  2 | On Loan: No      |
| CITIZENS FINANCIAL GROUP                         | Citizens Financial Group Inc                                                     | CUSIP: 174610AS4<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |     85000 | PA      | $69468.80     | 0.01%             | 2030-02-06      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| WP Carey Inc                                     | WP Carey Inc                                                                     | CUSIP: 92936UAC3<br>LEI: 54930042CRNE713E3Q67 | Long             | DBT              |  | US        |     20000 | PA      | $19471.20     | 0.00%             | 2025-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| REGENCY CENTERS LP                               | Regency Centers LP                                                               | CUSIP: 75884RAZ6<br>LEI: 5493008PTR2GAOYBXW28 | Long             | DBT              |  | US        |     70000 | PA      | $58930.20     | 0.01%             | 2029-09-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| TEXAS INSTRUMENTS INC                            | Texas Instruments Inc                                                            | CUSIP: 882508BM5<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |     90000 | PA      | $63147.60     | 0.01%             | 2051-09-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: —       |
| CENTERPOINT ENER HOUSTON                         | CenterPoint Energy Houston Electric LLC                                          | CUSIP: 15189XAN8<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |     85000 | PA      | $77424.80     | 0.01%             | 2044-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Willis North America Inc                         | Willis North America Inc                                                         | CUSIP: 970648AG6<br>LEI: 5493004KVU1HWZCP0C66 | Long             | DBT              | CORP              | US        |     87000 | PA      | $82513.41     | 0.01%             | 2028-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VULCAN MATERIALS CO                              | Vulcan Materials Co                                                              | CUSIP: 929160AZ2<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | DBT              | CORP              | US        |     65000 | PA      | $58124.30     | 0.01%             | 2030-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                   | Morgan Stanley                                                                   | CUSIP: 61761JVL0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    355000 | PA      | $347445.60    | 0.05%             | 2024-10-23      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Newcrest Finance Pty Ltd                         | Newcrest Finance Pty Ltd                                                         | CUSIP: 65120FAB0<br>LEI: 549300I0XDZ4K7PDSS04 | Long             | DBT              | CORP              | AU        |     52000 | PA      | $47030.36     | 0.01%             | 2041-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Republic Services Inc                            | Republic Services Inc                                                            | CUSIP: 760759AS9<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |     63000 | PA      | $59200.47     | 0.01%             | 2027-11-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                          | John Deere Capital Corp                                                          | CUSIP: 24422EVQ9<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     45000 | PA      | $42265.35     | 0.01%             | 2024-06-07      | Fixed         | 0.45%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                        | Morgan Stanley Bank of America Merrill Lynch Trust 2016-C32                      | CUSIP: 61691GAS9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $93612.89     | 0.01%             | 2049-12-15      | Fixed         | 3.72%                 | No            |                  2 | On Loan: No      |
| TAYLOR MORRISON COMM                             | Taylor Morrison Communities Inc                                                  | CUSIP: 87724RAA0<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |     40000 | PA      | $38314.00     | 0.01%             | 2027-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133B3L54<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    123745 | PA      | $101868.99    | 0.01%             | 2052-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                              | Moody's Corp                                                                     | CUSIP: 615369AU9<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |     82000 | PA      | $47142.62     | 0.01%             | 2060-08-18      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                   | Microsoft Corp                                                                   | CUSIP: 594918AR5<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |     35000 | PA      | $30329.95     | 0.00%             | 2042-11-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MARTIN MARIETTA MATERIAL                         | Martin Marietta Materials Inc                                                    | CUSIP: 573284AU0<br>LEI: 5299005MZ4WZECVATV08 | Long             | DBT              | CORP              | US        |     95000 | PA      | $77979.80     | 0.01%             | 2047-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| RALPH LAUREN CORP                                | Ralph Lauren Corp                                                                | CUSIP: 731572AB9<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4371.30      | 0.00%             | 2030-06-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| BLOCK FINANCIAL LLC                              | Block Financial LLC                                                              | CUSIP: 093662AH7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     15000 | PA      | $13276.50     | 0.00%             | 2030-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| TRINSEO OP / TRINSEO FIN                         | Trinseo Materials Operating SCA / Trinseo Materials Finance Inc                  | CUSIP: 89668QAF5<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |     35000 | PA      | $22448.65     | 0.00%             | 2029-04-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| INTL BK RECON & DEVELOP                          | International Bank for Reconstruction & Development                              | CUSIP: 45905CAA2<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    170000 | PA      | $180028.30    | 0.02%             | 2035-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs. | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137BXQY1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    100000 | PA      | $95449.66     | 0.01%             | 2027-03-25      | Fixed         | 3.22%                 | No            |                  2 | On Loan: No      |
| ADVANCED DRAINAGE SYSTEM                         | Advanced Drainage Systems Inc                                                    | CUSIP: 00790RAB0<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24134.25     | 0.00%             | 2030-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Newell Brands Inc                                | Newell Brands Inc                                                                | CUSIP: 651229AX4<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |     35000 | PA      | $29968.75     | 0.00%             | 2036-04-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CES6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1400000 | PA      | $1316984.38   | 0.17%             | 2029-05-31      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC                                   | S&P Global Inc                                                                   | CUSIP: 78409VAR5<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |     90000 | PA      | $51848.10     | 0.01%             | 2060-08-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| iHeartCommunications Inc                         | iHeartCommunications Inc                                                         | CUSIP: 45174HBD8<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |    100000 | PA      | $88865.00     | 0.01%             | 2027-05-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: —       |
| Asian Development Bank                           | Asian Development Bank                                                           | CUSIP: 045167AW3<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    105000 | PA      | $113970.15    | 0.01%             | 2028-06-16      | Fixed         | 5.82%                 | No            |                  2 | On Loan: No      |
| PROTECTIVE LIFE CORP                             | Protective Life Corp                                                             | CUSIP: 743674BE2<br>LEI: 549300ZWIT8J8Y2EXL07 | Long             | DBT              | CORP              | US        |    125000 | PA      | $110075.00    | 0.01%             | 2030-01-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| STAR ENERGY CO ISSUE                             | Star Energy Geothermal Darajat II / Star Energy Geothermal Salak                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    200000 | PA      | $163194.00    | 0.02%             | 2038-10-14      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| AutoNation Inc                                   | AutoNation Inc                                                                   | CUSIP: 05329WAP7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     35000 | PA      | $31648.75     | 0.00%             | 2027-11-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                 | Crown Castle Inc                                                                 | CUSIP: 22822VAX9<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |     87000 | PA      | $61428.09     | 0.01%             | 2041-04-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| STRYKER CORP                                     | Stryker Corp                                                                     | CUSIP: 863667AY7<br>LEI: 5493002F0SC4JTBU5137 | Long             | DBT              | CORP              | US        |    200000 | PA      | $164906.00    | 0.02%             | 2030-06-15      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| DXC TECHNOLOGY CO                                | DXC Technology Co                                                                | CUSIP: 23355LAL0<br>LEI: 549300DOVZ3EDJB7O259 | Long             | DBT              | CORP              | US        |     40000 | PA      | $35332.00     | 0.00%             | 2026-09-15      | Fixed         | 1.80%                 | No            |                  2 | On Loan: —       |
| BNP PARIBAS                                      | BNP Paribas SA                                                                   | CUSIP: 09659W2F0<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    230000 | PA      | $216896.90    | 0.03%             | 2028-08-14      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| AERCAP GLOBAL AVIATION T                         | AerCap Global Aviation Trust                                                     | CUSIP: 00773HAA5<br>LEI: 635400FBSV8LXXNRV758 | Long             | DBT              | CORP              | US        |     45000 | PA      | $41592.60     | 0.01%             | 2045-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179SB71<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      2592 | PA      | $2378.51      | 0.00%             | 2046-05-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                           | NXP BV / NXP Funding LLC / NXP USA Inc                                           | CUSIP: 62954HAY4<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |     84000 | PA      | $73030.44     | 0.01%             | 2030-05-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                              | Sherwin-Williams Co/The                                                          | CUSIP: 824348AX4<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |    110000 | PA      | $95493.20     | 0.01%             | 2047-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PHYSICIANS REALTY LP                             | Physicians Realty LP                                                             | CUSIP: 71951QAC6<br>LEI: 549300P6Q1UMT0X60U20 | Long             | DBT              |  | US        |     20000 | PA      | $15816.60     | 0.00%             | 2031-11-01      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                       | US Bancorp                                                                       | CUSIP: 91159HJB7<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    175000 | PA      | $135670.50    | 0.02%             | 2036-11-03      | Fixed         | 2.49%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CDR9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2000000 | PA      | $1916093.76   | 0.25%             | 2023-12-31      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN TRANSMISSION SY                         | American Transmission Systems Inc                                                | CUSIP: 030288AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    225000 | PA      | $184077.00    | 0.02%             | 2032-01-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| REPUBLIC SERVICES INC                            | Republic Services Inc                                                            | CUSIP: 760759AZ3<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |     82000 | PA      | $63984.60     | 0.01%             | 2032-02-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 9128286T2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1000000 | PA      | $920390.63    | 0.12%             | 2029-05-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                          | Inter-American Development Bank                                                  | CUSIP: 4581X0DX3<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    355000 | PA      | $304256.30    | 0.04%             | 2028-07-20      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| Regions Financial Corp                           | Regions Financial Corp                                                           | CUSIP: 7591EPAE0<br>LEI: CW05CS5KW59QTC0DG824 | Long             | DBT              | CORP              | US        |     76000 | PA      | $86947.80     | 0.01%             | 2037-12-10      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822BD5<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    300000 | PA      | $293871.00    | 0.04%             | 2024-03-07      | Fixed         | 3.41%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                           | PNC Financial Services Group Inc/The                                             | CUSIP: 693475AV7<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    189000 | PA      | $186117.75    | 0.02%             | 2024-01-23      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CASCADES INC/USA INC                             | Cascades Inc/Cascades USA Inc                                                    | CUSIP: 14739LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     20000 | PA      | $18117.60     | 0.00%             | 2026-01-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                              | American Express Co                                                              | CUSIP: 025816CM9<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |     15000 | PA      | $13346.70     | 0.00%             | 2026-11-04      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QHEP6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     78967 | PA      | $70975.79     | 0.01%             | 2036-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| KB HOME                                          | KB Home                                                                          | CUSIP: 48666KAZ2<br>LEI: 549300LGUCWQURMWLG09 | Long             | DBT              | CORP              | US        |     30000 | PA      | $23936.70     | 0.00%             | 2031-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                          | Romanian Government International Bond                                           | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     50000 | PA      | $40568.00     | 0.01%             | 2032-03-27      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| MARTIN MARIETTA MATERIAL                         | Martin Marietta Materials Inc                                                    | CUSIP: 573284AT3<br>LEI: 5299005MZ4WZECVATV08 | Long             | DBT              | CORP              | US        |     60000 | PA      | $56067.00     | 0.01%             | 2027-12-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| STATE OF ISRAEL                                  | State of Israel                                                                  | CUSIP: 000000000<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    200000 | PA      | $157358.00    | 0.02%             | 2060-05-13      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CCZ2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6900000 | PA      | $6146390.63   | 0.80%             | 2026-09-30      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| Credit Agricole SA                               | Credit Agricole SA                                                               | CUSIP: 225313AF2<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |     25000 | PA      | $24248.50     | 0.00%             | 2025-03-17      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                      | BNP Paribas SA                                                                   | CUSIP: 09659W2L7<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    215000 | PA      | $197413.00    | 0.03%             | 2026-06-09      | Fixed         | 2.22%                 | No            |                  2 | On Loan: No      |
| ATI INC                                          | ATI Inc                                                                          | CUSIP: 01741RAM4<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | DBT              | CORP              | US        |     30000 | PA      | $25619.10     | 0.00%             | 2031-10-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| LANDWIRTSCH. RENTENBANK                          | Landwirtschaftliche Rentenbank                                                   | CUSIP: 515110BR4<br>LEI: 529900Z3J0N6S0F7CT25 | Long             | DBT              | CORP              | DE        |    215000 | PA      | $197357.10    | 0.03%             | 2026-07-27      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RAB3<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    170000 | PA      | $160009.10    | 0.02%             | 2028-02-07      | Fixed         | 3.44%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                          | International Bank for Reconstruction & Development                              | CUSIP: 459058JT1<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |     25000 | PA      | $21507.75     | 0.00%             | 2027-02-10      | Fixed         | 0.85%                 | No            |                  2 | On Loan: No      |
| Target Corp                                      | Target Corp                                                                      | CUSIP: 87612EBH8<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |     15000 | PA      | $13937.85     | 0.00%             | 2029-04-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XD5G7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    511995 | PA      | $438721.14    | 0.06%             | 2051-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Seagate HDD Cayman                               | Seagate HDD Cayman                                                               | CUSIP: 81180WAR2<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |     40000 | PA      | $37655.20     | 0.00%             | 2027-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Conagra Brands Inc                               | Conagra Brands Inc                                                               | CUSIP: 205887CB6<br>LEI: 54930035UDEIH090K650 | Long             | DBT              | CORP              | US        |    105000 | PA      | $103958.40    | 0.01%             | 2025-11-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| WABASH NATIONAL CORP                             | Wabash National Corp                                                             | CUSIP: 929566AL1<br>LEI: 5299004ZAWHQZI5XO485 | Long             | DBT              | CORP              | US        |     35000 | PA      | $29706.95     | 0.00%             | 2028-10-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                        | Amgen Inc                                                                        | CUSIP: 031162DA5<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     85000 | PA      | $61008.75     | 0.01%             | 2041-08-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Amgen Inc                                        | Amgen Inc                                                                        | CUSIP: 031162CF5<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    257000 | PA      | $231032.72    | 0.03%             | 2051-06-15      | Fixed         | 4.66%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                     | Comcast Corp                                                                     | CUSIP: 20030NCE9<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    210000 | PA      | $171034.50    | 0.02%             | 2049-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140KQN31<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     60515 | PA      | $50012.42     | 0.01%             | 2050-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Campbell Soup Co                                 | Campbell Soup Co                                                                 | CUSIP: 134429BH1<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |     65000 | PA      | $59075.25     | 0.01%             | 2048-03-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| OOREDOO INTL FINANCE                             | Ooredoo International Finance Ltd                                                | CUSIP: 000000000<br>LEI: 549300BHXCDJ03WU7N77 | Long             | DBT              | CORP              | BM        |    200000 | PA      | $172462.00    | 0.02%             | 2031-04-08      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| BROADRIDGE FINANCIAL SOL                         | Broadridge Financial Solutions Inc                                               | CUSIP: 11133TAE3<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | DBT              | CORP              | US        |     30000 | PA      | $24611.40     | 0.00%             | 2031-05-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                               | BMW US Capital LLC                                                               | CUSIP: 05565EBQ7<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |    250000 | PA      | $237030.00    | 0.03%             | 2024-04-01      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| European Investment Bank                         | European Investment Bank                                                         | CUSIP: 298785GJ9<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    373000 | PA      | $367401.27    | 0.05%             | 2024-01-29      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| GATX Corp                                        | GATX Corp                                                                        | CUSIP: 361448BD4<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |    105000 | PA      | $103757.85    | 0.01%             | 2024-02-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810SU3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2470000 | PA      | $1628270.31   | 0.21%             | 2051-02-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132D6B33<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    630355 | PA      | $565699.75    | 0.07%             | 2037-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| JAPAN INT'L COOP AGENCY                          | Japan International Cooperation Agency                                           | CUSIP: 47109LAD6<br>LEI: 254900XEIG78M2AJB031 | Long             | DBT              | NUSS              | JP        |     20000 | PA      | $15625.80     | 0.00%             | 2030-07-22      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912828ZS2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1000000 | PA      | $861640.63    | 0.11%             | 2027-05-31      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KM2V6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     50325 | PA      | $41454.33     | 0.01%             | 2051-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                           | Asian Development Bank                                                           | CUSIP: 045167FM0<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |      5000 | PA      | $4843.90      | 0.00%             | 2025-05-06      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| FEDERAL REALTY INVS TRST                         | Federal Realty Investment Trust                                                  | CUSIP: 313747AY3<br>LEI: 549300LI6XZ51GOCJ427 | Long             | DBT              | CORP              | US        |     15000 | PA      | $13791.75     | 0.00%             | 2027-07-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| MODIVCARE INC                                    | ModivCare Inc                                                                    | CUSIP: 743815AE2<br>LEI: 549300EFZIFW7F7I0Q28 | Long             | DBT              | CORP              | US        |     35000 | PA      | $32372.55     | 0.00%             | 2025-11-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                              | American Tower Corp                                                              | CUSIP: 03027XBA7<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |    110000 | PA      | $94406.40     | 0.01%             | 2030-01-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Republic of Panama                               | Panama Government International Bond                                             | CUSIP: 698299BH6<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    200000 | PA      | $155214.00    | 0.02%             | 2050-04-16      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Assurant Inc                                     | Assurant Inc                                                                     | CUSIP: 04621XAJ7<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | DBT              | CORP              | US        |     60000 | PA      | $57822.60     | 0.01%             | 2028-03-27      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| KFW                                              | Kreditanstalt fuer Wiederaufbau                                                  | CUSIP: 500769GK4<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |    380000 | PA      | $365913.40    | 0.05%             | 2024-11-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| RYDER SYSTEM INC                                 | Ryder System Inc                                                                 | CUSIP: 78355HKT5<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |     80000 | PA      | $72748.00     | 0.01%             | 2027-03-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| BlackRock Funds III                              | BlackRock Cash Funds: Treasury, SL Agency Shares                                 | CUSIP: 066922477<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |   9084394 | NS      | $9084394.12   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN AXLE & MFG INC                          | American Axle & Manufacturing Inc                                                | CUSIP: 02406PBA7<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28880.40     | 0.00%             | 2028-07-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc                         | Prudential Financial Inc                                                         | CUSIP: 74432QCA1<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |     95000 | PA      | $86948.75     | 0.01%             | 2044-05-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Kraft Heinz Foods Co                             | Kraft Heinz Foods Co                                                             | CUSIP: 50077LAB2<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |    215000 | PA      | $181122.45    | 0.02%             | 2046-06-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| FEDERAL REALTY INVS TRST                         | Federal Realty Investment Trust                                                  | CUSIP: 313747AZ0<br>LEI: 549300LI6XZ51GOCJ427 | Long             | DBT              |  | US        |     85000 | PA      | $74195.65     | 0.01%             | 2029-06-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| INDUSTRIAS PENOLES SAB D                         | Industrias Penoles SAB de CV                                                     | CUSIP: 000000000<br>LEI: 549300WA2HB7776CB324 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $183114.00    | 0.02%             | 2029-09-12      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| HCA Inc                                          | HCA Inc                                                                          | CUSIP: 404121AH8<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99658.00     | 0.01%             | 2026-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                         | Alexandria Real Estate Equities Inc                                              | CUSIP: 015271AG4<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |     80000 | PA      | $75823.20     | 0.01%             | 2029-07-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133L8A39<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     76350 | PA      | $68695.91     | 0.01%             | 2036-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP                           | Aviation Capital Group LLC                                                       | CUSIP: 05369AAK7<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |     85000 | PA      | $74295.95     | 0.01%             | 2026-01-30      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| Owens Corning                                    | Owens Corning                                                                    | CUSIP: 690742AF8<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |    114000 | PA      | $107235.24    | 0.01%             | 2026-08-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                        | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F0224C6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3538000 | PA      | $3268765.06   | 0.43%             | 2037-12-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| COUNCIL OF EUROPE                                | Council Of Europe Development Bank                                               | CUSIP: 222213AY6<br>LEI: 549300UYNXMI821WYG82 | Long             | DBT              | NUSS              | XX        |    195000 | PA      | $172518.45    | 0.02%             | 2026-09-22      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ARGENTINA                            | Argentina Bonar Bonds                                                            | CUSIP: 000000000<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |    320000 | PA      | $90435.20     | 0.01%             | 2038-01-09      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                          | Inter-American Development Bank                                                  | CUSIP: 4581X0CU0<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |     50000 | PA      | $46483.50     | 0.01%             | 2026-06-02      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KNGL1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1403939 | PA      | $1156248.44   | 0.15%             | 2051-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                          | United Rentals North America Inc                                                 | CUSIP: 911365BL7<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |     60000 | PA      | $56772.00     | 0.01%             | 2030-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MCCORMICK & CO                                   | McCormick & Co Inc/MD                                                            | CUSIP: 579780AM9<br>LEI: 549300JQQA6MQ4OJP259 | Long             | DBT              | CORP              | US        |     89000 | PA      | $86144.88     | 0.01%             | 2024-08-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                          | John Deere Capital Corp                                                          | CUSIP: 24422EVU0<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9329.70      | 0.00%             | 2024-09-10      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| INTUIT INC                                       | Intuit Inc                                                                       | CUSIP: 46124HAB2<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | DBT              | CORP              | US        |     37000 | PA      | $33848.34     | 0.00%             | 2025-07-15      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| MARTIN MARIETTA MATERIAL                         | Martin Marietta Materials Inc                                                    | CUSIP: 573284AW6<br>LEI: 5299005MZ4WZECVATV08 | Long             | DBT              | CORP              | US        |     32000 | PA      | $26075.20     | 0.00%             | 2031-07-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| REALOGY GROUP/CO-ISSUER                          | Realogy Group LLC / Realogy Co-Issuer Corp                                       | CUSIP: 75606DAL5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     70000 | PA      | $53139.10     | 0.01%             | 2029-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MAV2<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     88000 | PA      | $81201.12     | 0.01%             | 2027-10-18      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| PRIME SECSRVC BRW/FINANC                         | Prime Security Services Borrower LLC / Prime Finance Inc                         | CUSIP: 74166MAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     55000 | PA      | $54501.70     | 0.01%             | 2024-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                              | American Tower Corp                                                              | CUSIP: 03027XBM1<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     25000 | PA      | $20625.75     | 0.00%             | 2031-04-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL FINANCIAL GRP                          | Principal Financial Group Inc                                                    | CUSIP: 74251VAK8<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19351.00     | 0.00%             | 2025-05-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| JERSEY CENTRAL PWR & LT                          | Jersey Central Power & Light Co                                                  | CUSIP: 476556DD4<br>LEI: 549300W9UGH9ZPLNPF79 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16300.40     | 0.00%             | 2032-03-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| INTUIT INC                                       | Intuit Inc                                                                       | CUSIP: 46124HAD8<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | DBT              | CORP              | US        |     92000 | PA      | $73931.20     | 0.01%             | 2030-07-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| CBRE Services Inc                                | CBRE Services Inc                                                                | CUSIP: 12505BAD2<br>LEI: 549300CTE3HOMEUMM603 | Long             | DBT              | CORP              | US        |     55000 | PA      | $55055.00     | 0.01%             | 2026-03-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC                         | Builders FirstSource Inc                                                         | CUSIP: 12008RAR8<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |     50000 | PA      | $46342.50     | 0.01%             | 2032-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| MID-ATLANTIC INTERSTATE                          | Mid-Atlantic Interstate Transmission LLC                                         | CUSIP: 59524QAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     80000 | PA      | $75738.40     | 0.01%             | 2028-05-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661EL7<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    160000 | PA      | $159200.00    | 0.02%             | 2033-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AVANTOR FUNDING INC                              | Avantor Funding Inc                                                              | CUSIP: 05352TAB5<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |     65000 | PA      | $55742.05     | 0.01%             | 2029-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BIOGEN INC                                       | Biogen Inc                                                                       | CUSIP: 09062XAG8<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | DBT              | CORP              | US        |    125000 | PA      | $85821.25     | 0.01%             | 2050-05-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Mastercard Inc                                   | Mastercard Inc                                                                   | CUSIP: 57636QAK0<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |     52000 | PA      | $45873.88     | 0.01%             | 2048-02-26      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| CORNING INC                                      | Corning Inc                                                                      | CUSIP: 219350BQ7<br>LEI: 549300X2937PB0CJ7I56 | Long             | DBT              | CORP              | US        |     94000 | PA      | $84244.68     | 0.01%             | 2079-11-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| ALLSTATE CORP                                    | Allstate Corp/The                                                                | CUSIP: 020002BA8<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9004.60      | 0.00%             | 2043-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs. | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137FMU67<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    696939 | PA      | $660286.02    | 0.09%             | 2026-05-25      | Fixed         | 2.86%                 | No            |                  2 | On Loan: No      |
| DISCOVER FINANCIAL SVS                           | Discover Financial Services                                                      | CUSIP: 254709AM0<br>LEI: Z1YLO2USPORE63VVUL20 | Long             | DBT              | CORP              | US        |     95000 | PA      | $89367.45     | 0.01%             | 2027-02-09      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| SUNNOVA ENERGY CORP                              | Sunnova Energy Corp                                                              | CUSIP: 86745GAF0<br>LEI: 549300TH3GCD8YQUDR46 | Long             | DBT              | CORP              | US        |     30000 | PA      | $26843.70     | 0.00%             | 2026-09-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| PENSKE TRUCK LEASING/PTL                         | Penske Truck Leasing Co Lp / PTL Finance Corp                                    | CUSIP: 709599BJ2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     27000 | PA      | $25916.22     | 0.00%             | 2025-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CLOROX COMPANY                                   | Clorox Co/The                                                                    | CUSIP: 189054AX7<br>LEI: 54930044KVSC06Z79I06 | Long             | DBT              | CORP              | US        |     45000 | PA      | $36123.75     | 0.00%             | 2030-05-15      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| NATIONAL RETAIL PROP INC                         | National Retail Properties Inc                                                   | CUSIP: 637417AN6<br>LEI: 5493008JKH5SOTI0JS97 | Long             | DBT              |  | US        |    160000 | PA      | $131267.20    | 0.02%             | 2030-04-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MAXAR TECHNOLOGIES INC                           | Maxar Technologies Inc                                                           | CUSIP: 57778KAC9<br>LEI: 549300OEN2G821MIJ922 | Long             | DBT              | CORP              | US        |     35000 | PA      | $34327.30     | 0.00%             | 2027-06-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| KOREA NATIONAL OIL CORP                          | Korea National Oil Corp                                                          | CUSIP: 50066RAD8<br>LEI: 988400ZTQ08W926ONT36 | Long             | DBT              | NUSS              | KR        |    200000 | PA      | $182654.00    | 0.02%             | 2026-10-24      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Amgen Inc                                        | Amgen Inc                                                                        | CUSIP: 031162BV1<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    269000 | PA      | $264811.67    | 0.03%             | 2024-05-22      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| OTIS WORLDWIDE CORP                              | Otis Worldwide Corp                                                              | CUSIP: 68902VAH0<br>LEI: 549300ZLBKR8VSU25153 | Long             | DBT              | CORP              | US        |    166000 | PA      | $155596.78    | 0.02%             | 2025-04-05      | Fixed         | 2.06%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL FINANCIAL GRP                          | Principal Financial Group Inc                                                    | CUSIP: 74251VAS1<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | DBT              | CORP              | US        |     60000 | PA      | $49534.20     | 0.01%             | 2030-06-15      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| AVALONBAY COMMUNITIES                            | AvalonBay Communities Inc                                                        | CUSIP: 05348EBB4<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | DBT              |  | US        |     25000 | PA      | $20409.50     | 0.00%             | 2047-07-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                     | GS Mortgage Securities Trust 2017-GS7                                            | CUSIP: 36254CAW0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    683923 | PA      | $649354.40    | 0.08%             | 2050-08-10      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179XFF8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    350280 | PA      | $324492.90    | 0.04%             | 2052-09-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| LAM RESEARCH CORP                                | Lam Research Corp                                                                | CUSIP: 512807AW8<br>LEI: 549300I4GMO6D34U1T02 | Long             | DBT              | CORP              | US        |     99000 | PA      | $70136.55     | 0.01%             | 2050-06-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| FOX CORP                                         | Fox Corp                                                                         | CUSIP: 35137LAH8<br>LEI: 549300DDU6FDRBIELS05 | Long             | DBT              | CORP              | US        |    200000 | PA      | $192836.00    | 0.03%             | 2029-01-25      | Fixed         | 4.71%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179WVW5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    999648 | PA      | $931743.75    | 0.12%             | 2052-01-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 3622A2R87<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      4191 | PA      | $3846.48      | 0.00%             | 2046-01-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BELL CANADA                                      | Bell Telephone Co of Canada or Bell Canada/The                                   | CUSIP: 0778FPAC3<br>LEI: 549300JYAVAQRV5MNZ86 | Long             | DBT              | CORP              | CA        |    125000 | PA      | $118367.50    | 0.02%             | 2024-03-17      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| HAT HOLDINGS I LLC/HAT                           | HAT Holdings I LLC / HAT Holdings II LLC                                         | CUSIP: 418751AE3<br>LEI: N/A                  | Long             | DBT              |  | US        |     80000 | PA      | $69582.40     | 0.01%             | 2026-06-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                         | Benchmark 2020-B16 Mortgage Trust                                                | CUSIP: 08161NAF4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $85659.01     | 0.01%             | 2053-02-15      | Fixed         | 2.73%                 | No            |                  2 | On Loan: No      |
| VERISK ANALYTICS INC                             | Verisk Analytics Inc                                                             | CUSIP: 92345YAG1<br>LEI: 549300I1YSWNIRKBWP67 | Long             | DBT              | CORP              | US        |     39000 | PA      | $27682.59     | 0.00%             | 2050-05-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| KB HOME                                          | KB Home                                                                          | CUSIP: 48666KAY5<br>LEI: 549300LGUCWQURMWLG09 | Long             | DBT              | CORP              | US        |     25000 | PA      | $21699.50     | 0.00%             | 2029-11-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| MARTIN MARIETTA MATERIAL                         | Martin Marietta Materials Inc                                                    | CUSIP: 573284AV8<br>LEI: 5299005MZ4WZECVATV08 | Long             | DBT              | CORP              | US        |     42000 | PA      | $35083.02     | 0.00%             | 2030-03-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF CHILE                                | Chile Government International Bond                                              | CUSIP: 000000000<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    200000 | PA      | $146524.00    | 0.02%             | 2053-04-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| IHEARTCOMMUNICATIONS INC                         | iHeartCommunications Inc                                                         | CUSIP: 45174HBE6<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |     60000 | PA      | $53472.00     | 0.01%             | 2027-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PNC Bank NA                                      | PNC Bank NA                                                                      | CUSIP: 69349LAR9<br>LEI: AD6GFRVSDT01YPT1CS68 | Long             | DBT              | CORP              | US        |     45000 | PA      | $42479.10     | 0.01%             | 2028-07-26      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Quest Diagnostics Inc                            | Quest Diagnostics Inc                                                            | CUSIP: 74834LAV2<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9906.30      | 0.00%             | 2024-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XJNY5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    125000 | PA      | $125252.73    | 0.02%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Host Hotels & Resorts LP                         | Host Hotels & Resorts LP                                                         | CUSIP: 44107TAV8<br>LEI: FXB7X4WXVA8QPMNOGS12 | Long             | DBT              | CORP              | US        |    160000 | PA      | $153120.00    | 0.02%             | 2025-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL                         | Penske Truck Leasing Co Lp / PTL Finance Corp                                    | CUSIP: 709599AZ7<br>LEI: 549300ZX07JYMI8GHQ39 | Long             | DBT              | CORP              | US        |     37000 | PA      | $35626.56     | 0.00%             | 2025-03-10      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 31418DYB2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    925484 | PA      | $763383.40    | 0.10%             | 2051-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| HP ENTERPRISE CO                                 | Hewlett Packard Enterprise Co                                                    | CUSIP: 42824CBJ7<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |     73000 | PA      | $69632.51     | 0.01%             | 2024-04-01      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                         | Clear Channel Outdoor Holdings Inc                                               | CUSIP: 18453HAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     95000 | PA      | $82579.70     | 0.01%             | 2027-08-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661DD6<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48598.00     | 0.01%             | 2024-09-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| IQVIA Inc                                        | IQVIA Inc                                                                        | CUSIP: 46266TAA6<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    125000 | PA      | $120407.50    | 0.02%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Camden Property Trust                            | Camden Property Trust                                                            | CUSIP: 133131AW2<br>LEI: 5493002MYX22OHYJBD89 | Long             | DBT              |  | US        |     20000 | PA      | $19056.40     | 0.00%             | 2028-10-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| CLOROX COMPANY                                   | Clorox Co/The                                                                    | CUSIP: 189054AW9<br>LEI: 54930044KVSC06Z79I06 | Long             | DBT              | CORP              | US        |     35000 | PA      | $33688.55     | 0.00%             | 2028-05-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| TELUS Corp                                       | TELUS Corp                                                                       | CUSIP: 87971MBK8<br>LEI: L2TEUTQ8OSHMJWVLCE40 | Long             | DBT              | CORP              | CA        |     49000 | PA      | $40600.91     | 0.01%             | 2049-06-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                         | Celanese US Holdings LLC                                                         | CUSIP: 15089QAN4<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    105000 | PA      | $101005.80    | 0.01%             | 2029-07-15      | Fixed         | 6.33%                 | No            |                  2 | On Loan: No      |
| BANK OF CHINA/MACAU                              | Bank of China Ltd/Macau                                                          | CUSIP: 000000000<br>LEI: 54930047DU4WCPOIO219 | Long             | DBT              | CORP              | CN        |    200000 | PA      | $193012.00    | 0.03%             | 2027-04-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| VISA INC                                         | Visa Inc                                                                         | CUSIP: 92826CAK8<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |     84000 | PA      | $66744.72     | 0.01%             | 2040-04-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| TRITON CONTAINER                                 | Triton Container International Ltd                                               | CUSIP: 89680YAC9<br>LEI: 549300O4LZFLCX53XZ54 | Long             | DBT              | CORP              | BM        |     75000 | PA      | $59208.00     | 0.01%             | 2031-06-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| VMWARE INC                                       | VMware Inc                                                                       | CUSIP: 928563AL9<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |    175000 | PA      | $133887.25    | 0.02%             | 2031-08-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                              | Charles Schwab Corp/The                                                          | CUSIP: 808513AZ8<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14396.10     | 0.00%             | 2029-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                     | Broadcom Inc                                                                     | CUSIP: 11135FBL4<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    360000 | PA      | $286372.80    | 0.04%             | 2034-04-15      | Fixed         | 3.47%                 | No            |                  2 | On Loan: No      |
| General Mills Inc                                | General Mills Inc                                                                | CUSIP: 370334CF9<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73920.75     | 0.01%             | 2025-04-17      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HP INC                                           | HP Inc                                                                           | CUSIP: 40434LAF2<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | DBT              | CORP              | US        |    200000 | PA      | $175542.00    | 0.02%             | 2026-06-17      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| NORTHERN TRUST CORP                              | Northern Trust Corp                                                              | CUSIP: 665859AW4<br>LEI: 549300GLF98S992BC502 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14724.60     | 0.00%             | 2027-05-10      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State Street Corp                                | State Street Corp                                                                | CUSIP: 857477AT0<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |     99000 | PA      | $96419.07     | 0.01%             | 2025-08-18      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                | State Street Corp                                                                | CUSIP: 857477BG7<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |     65000 | PA      | $55480.10     | 0.01%             | 2030-01-24      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RAH0<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    112000 | PA      | $107936.64    | 0.01%             | 2028-04-28      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| FAIR ISAAC CORP                                  | Fair Isaac Corp                                                                  | CUSIP: 303250AF1<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |     75000 | PA      | $68611.50     | 0.01%             | 2028-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RITE AID CORP                                    | Rite Aid Corp                                                                    | CUSIP: 767754CL6<br>LEI: 529900W353T1JY1DKT44 | Long             | DBT              | CORP              | US        |     65000 | PA      | $40030.25     | 0.01%             | 2026-11-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179XDA1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    392155 | PA      | $344510.61    | 0.04%             | 2052-08-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                 | Crown Castle Inc                                                                 | CUSIP: 22822VAU5<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |     43000 | PA      | $29592.60     | 0.00%             | 2051-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CME Group Inc                                    | CME Group Inc                                                                    | CUSIP: 12572QAJ4<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | DBT              | CORP              | US        |     60000 | PA      | $58067.40     | 0.01%             | 2028-06-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Standard Chartered PLC                           | Standard Chartered PLC                                                           | CUSIP: 853254AN0<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $177520.00    | 0.02%             | 2044-03-26      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                          | Inter-American Development Bank                                                  | CUSIP: 4581X0BT4<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    125000 | PA      | $117765.00    | 0.02%             | 2041-10-28      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| DAI-ICHI LIFE INSURANCE                          | Dai-ichi Life Insurance Co Ltd/The                                               | CUSIP: 23380YAC1<br>LEI: 3538001235ACEIORUV72 | Long             | DBT              | CORP              | JP        |    220000 | PA      | $213305.40    | 0.03%             | 2024-10-28      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                   | Fannie Mae-Aces                                                                  | CUSIP: 3136BHMX4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    340000 | PA      | $273348.82    | 0.04%             | 2031-04-25      | Variable      | 1.66%                 | No            |                  2 | On Loan: No      |
| Asian Development Bank                           | Asian Development Bank                                                           | CUSIP: 045167EL3<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    195000 | PA      | $190624.20    | 0.02%             | 2024-01-30      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                         | Marsh & McLennan Cos Inc                                                         | CUSIP: 571748BC5<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |     75000 | PA      | $63922.50     | 0.01%             | 2047-01-30      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36202FVG8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    200024 | PA      | $201619.67    | 0.03%             | 2041-07-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                                | Iron Mountain Inc                                                                | CUSIP: 46284VAL5<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |     50000 | PA      | $44159.00     | 0.01%             | 2032-07-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| General Mills Inc                                | General Mills Inc                                                                | CUSIP: 370334CJ1<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |     65000 | PA      | $58423.30     | 0.01%             | 2048-04-17      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| COUNCIL OF EUROPE                                | Council Of Europe Development Bank                                               | CUSIP: 222213AU4<br>LEI: 549300UYNXMI821WYG82 | Long             | DBT              | NUSS              | XX        |    105000 | PA      | $98606.55     | 0.01%             | 2025-02-27      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| AMERICAN INTL GROUP                              | American International Group Inc                                                 | CUSIP: 026874AZ0<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |     50000 | PA      | $53760.00     | 0.01%             | 2036-05-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                      | BNP Paribas SA                                                                   | CUSIP: 09659W2P8<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    220000 | PA      | $173784.60    | 0.02%             | 2032-04-19      | Fixed         | 2.87%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                            | Toronto-Dominion Bank/The                                                        | CUSIP: 89114QCQ9<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    215000 | PA      | $203622.20    | 0.03%             | 2024-03-04      | Fixed         | 0.55%                 | No            |                  2 | On Loan: No      |
| ARCH CAPITAL GRP US INC                          | Arch Capital Group US Inc                                                        | CUSIP: 03938JAA7<br>LEI: 549300B4QKQFLY1XST28 | Long             | DBT              | CORP              | US        |     70000 | PA      | $63080.50     | 0.01%             | 2043-11-01      | Fixed         | 5.14%                 | No            |                  2 | On Loan: No      |
| TRUIST BANK                                      | Truist Bank                                                                      | CUSIP: 86787EBB2<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4919.85      | 0.00%             | 2025-11-03      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| BELL CANADA                                      | Bell Telephone Co of Canada or Bell Canada/The                                   | CUSIP: 0778FPAH2<br>LEI: 549300JYAVAQRV5MNZ86 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $68469.00     | 0.01%             | 2052-02-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                         | Rogers Communications Inc                                                        | CUSIP: 775109BE0<br>LEI: 54930030NVF3Y2OL0A78 | Long             | DBT              | CORP              | CA        |    142000 | PA      | $135178.32    | 0.02%             | 2025-12-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| NVR INC                                          | NVR Inc                                                                          | CUSIP: 62944TAF2<br>LEI: 529900RWXR4JI3JYTV70 | Long             | DBT              | CORP              | US        |     64000 | PA      | $54263.68     | 0.01%             | 2030-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| STERIS PLC                                       | STERIS Irish FinCo UnLtd Co                                                      | CUSIP: 85917PAA5<br>LEI: 549300BRDKZ1HFI2J358 | Long             | DBT              | CORP              | IE        |     85000 | PA      | $69663.45     | 0.01%             | 2031-03-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                              | Nomura Holdings Inc                                                              | CUSIP: 65535HAX7<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $155408.00    | 0.02%             | 2031-07-14      | Fixed         | 2.61%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON BANCSHARES                            | Huntington Bancshares Inc/OH                                                     | CUSIP: 446150AX2<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |     70000 | PA      | $51446.50     | 0.01%             | 2036-08-15      | Fixed         | 2.49%                 | No            |                  2 | On Loan: No      |
| ABN AMRO BANK NV                                 | ABN AMRO Bank NV                                                                 | CUSIP: 00084DAU4<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |    285000 | PA      | $244487.25    | 0.03%             | 2027-06-16      | Fixed         | 1.54%                 | No            |                  2 | On Loan: No      |
| Yum! Brands Inc                                  | Yum! Brands Inc                                                                  | CUSIP: 988498AJ0<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14685.60     | 0.00%             | 2023-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822BN3<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    240000 | PA      | $225398.40    | 0.03%             | 2025-02-25      | Fixed         | 2.19%                 | No            |                  2 | On Loan: No      |
| AIA Group Ltd                                    | AIA Group Ltd                                                                    | CUSIP: 00131LAF2<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | DBT              | CORP              | HK        |    125000 | PA      | $117732.50    | 0.02%             | 2028-04-06      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| PAYPAL HOLDINGS INC                              | PayPal Holdings Inc                                                              | CUSIP: 70450YAH6<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |     79000 | PA      | $65578.69     | 0.01%             | 2030-06-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: —       |
| KAISER ALUMINUM CORP                             | Kaiser Aluminum Corp                                                             | CUSIP: 483007AL4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     60000 | PA      | $50631.00     | 0.01%             | 2031-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NCR CORP                                         | NCR Corp                                                                         | CUSIP: 62886EAU2<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29172.00     | 0.00%             | 2027-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                         | Intercontinental Exchange Inc                                                    | CUSIP: 45866FAP9<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |     97000 | PA      | $69317.17     | 0.01%             | 2040-09-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| John Deere Capital Corp                          | John Deere Capital Corp                                                          | CUSIP: 24422ETT6<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     54000 | PA      | $52543.62     | 0.01%             | 2024-06-24      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL LFE GLB FND II                         | Principal Life Global Funding II                                                 | CUSIP: 74256LEH8<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |     15000 | PA      | $11514.15     | 0.00%             | 2030-11-19      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| HP INC                                           | HP Inc                                                                           | CUSIP: 40434LAL9<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | DBT              | CORP              | US        |     25000 | PA      | $21907.50     | 0.00%             | 2032-04-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| AMERICAN WATER CAPITAL C                         | American Water Capital Corp                                                      | CUSIP: 03040WAQ8<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4637.00      | 0.00%             | 2027-09-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DNUM3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    270087 | PA      | $255526.16    | 0.03%             | 2052-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DANAHER CORP                                     | Danaher Corp                                                                     | CUSIP: 235851AW2<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | DBT              | CORP              | US        |     35000 | PA      | $24091.20     | 0.00%             | 2051-12-10      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| AVALONBAY COMMUNITIES                            | AvalonBay Communities Inc                                                        | CUSIP: 05348EBF5<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | DBT              |  | US        |    200000 | PA      | $180510.00    | 0.02%             | 2029-06-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CDK4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1900000 | PA      | $1712523.45   | 0.22%             | 2026-11-30      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| BANGKOK BANK PCL/HK                              | Bangkok Bank PCL/Hong Kong                                                       | CUSIP: 000000000<br>LEI: 549300CCL2BKJGMYXV60 | Long             | DBT              | CORP              | TH        |    200000 | PA      | $158732.00    | 0.02%             | 2036-09-23      | Fixed         | 3.47%                 | No            |                  2 | On Loan: No      |
| JABIL INC                                        | Jabil Inc                                                                        | CUSIP: 466313AJ2<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |     35000 | PA      | $31122.35     | 0.00%             | 2030-01-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                          | International Bank for Reconstruction & Development                              | CUSIP: 459058JZ7<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    385000 | PA      | $329386.75    | 0.04%             | 2028-09-13      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| VIDEOTRON LTD / LTEE                             | Videotron Ltd                                                                    | CUSIP: 92660FAK0<br>LEI: 549300LW4GNJRBECSD81 | Long             | DBT              | CORP              | CA        |     65000 | PA      | $62045.75     | 0.01%             | 2027-04-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661EB9<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     80000 | PA      | $57694.40     | 0.01%             | 2051-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| REPUBLICA ORIENT URUGUAY                         | Uruguay Government International Bond                                            | CUSIP: 760942BD3<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |     58000 | PA      | $56274.50     | 0.01%             | 2055-04-20      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RAN7<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     92000 | PA      | $85449.60     | 0.01%             | 2025-04-24      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XAH88<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    153123 | PA      | $126475.95    | 0.02%             | 2051-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Lear Corp                                        | Lear Corp                                                                        | CUSIP: 521865AY1<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18772.80     | 0.00%             | 2027-09-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                   | Morgan Stanley                                                                   | CUSIP: 6174467X1<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    205000 | PA      | $205440.75    | 0.03%             | 2025-11-24      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CCR0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2100000 | PA      | $1800750.00   | 0.24%             | 2028-07-31      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CBQ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    800000 | PA      | $714250.00    | 0.09%             | 2026-02-28      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                   | Morgan Stanley                                                                   | CUSIP: 61747YES0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    145000 | PA      | $134966.00    | 0.02%             | 2037-04-20      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE                           | VICI Properties LP / VICI Note Co Inc                                            | CUSIP: 92564RAD7<br>LEI: N/A                  | Long             | DBT              |  | US        |    120000 | PA      | $108372.00    | 0.01%             | 2027-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Radian Group Inc                                 | Radian Group Inc                                                                 | CUSIP: 750236AU5<br>LEI: 54930005OUP720S5U385 | Long             | DBT              | CORP              | US        |     71000 | PA      | $67597.68     | 0.01%             | 2024-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                              | Charles Schwab Corp/The                                                          | CUSIP: 808513AU9<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    194000 | PA      | $181758.60    | 0.02%             | 2028-01-25      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                          | Oncor Electric Delivery Co LLC                                                   | CUSIP: 68233JBV5<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16034.40     | 0.00%             | 2050-05-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| INTL FINANCE CORP                                | International Finance Corp                                                       | CUSIP: 45950KCT5<br>LEI: QKL54NQY28TCDAI75F60 | Long             | DBT              | NUSS              | XX        |    340000 | PA      | $308077.40    | 0.04%             | 2025-07-16      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QMAE4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    927409 | PA      | $764107.23    | 0.10%             | 2051-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BLDG SOCIETY                          | Nationwide Building Society                                                      | CUSIP: 63859WAE9<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |     20000 | PA      | $18207.40     | 0.00%             | 2026-09-14      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                         | Rogers Communications Inc                                                        | CUSIP: 775109BF7<br>LEI: 54930030NVF3Y2OL0A78 | Long             | DBT              | CORP              | CA        |     74000 | PA      | $67987.50     | 0.01%             | 2026-11-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                        | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F0206C8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1204172 | PA      | $991795.57    | 0.13%             | 2052-12-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Kraft Heinz Foods Co                             | Kraft Heinz Foods Co                                                             | CUSIP: 50077LAT3<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |     76000 | PA      | $75696.00     | 0.01%             | 2029-01-30      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| NIPPON LIFE INSURANCE                            | Nippon Life Insurance Co                                                         | CUSIP: 654579AG6<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |     25000 | PA      | $20443.25     | 0.00%             | 2050-01-23      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE TECH LLC                               | CommScope Technologies LLC                                                       | CUSIP: 20337YAA5<br>LEI: M4TWC4QDOKW45N7T6Y12 | Long             | DBT              | CORP              | US        |     94000 | PA      | $88028.18     | 0.01%             | 2025-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Physicians Realty LP                             | Physicians Realty LP                                                             | CUSIP: 71951QAB8<br>LEI: 549300P6Q1UMT0X60U20 | Long             | DBT              |  | US        |     10000 | PA      | $9183.00      | 0.00%             | 2028-01-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DWCB7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1907642 | PA      | $1571973.78   | 0.21%             | 2051-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                 | Coca-Cola Co/The                                                                 | CUSIP: 191216CT5<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |    120000 | PA      | $112179.60    | 0.01%             | 2030-03-25      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| MDC HOLDINGS INC                                 | MDC Holdings Inc                                                                 | CUSIP: 552676AV0<br>LEI: 5299005FV4VNV75R8R35 | Long             | DBT              | CORP              | US        |     35000 | PA      | $19457.55     | 0.00%             | 2061-08-06      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| Juniper Networks Inc                             | Juniper Networks Inc                                                             | CUSIP: 48203RAD6<br>LEI: AUHIXNGG7U2U7JEHM527 | Long             | DBT              | CORP              | US        |     45000 | PA      | $41419.80     | 0.01%             | 2041-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92344GAM8<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     15000 | PA      | $17580.60     | 0.00%             | 2030-12-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| KFW                                              | Kreditanstalt fuer Wiederaufbau                                                  | CUSIP: 500769JC9<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |    325000 | PA      | $308623.25    | 0.04%             | 2024-08-05      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| NASDAQ INC                                       | Nasdaq Inc                                                                       | CUSIP: 631103AM0<br>LEI: 549300L8X1Q78ERXFD06 | Long             | DBT              | CORP              | US        |      5000 | PA      | $3938.45      | 0.00%             | 2052-03-07      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179TSG1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    162772 | PA      | $153760.30    | 0.02%             | 2048-02-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TRAVELERS COS INC                                | Travelers Cos Inc/The                                                            | CUSIP: 89417EAD1<br>LEI: 549300Y650407RU8B149 | Long             | DBT              | CORP              | US        |     85000 | PA      | $93858.70     | 0.01%             | 2037-06-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Arch Capital Finance LLC                         | Arch Capital Finance LLC                                                         | CUSIP: 03939CAA1<br>LEI: 549300XG4URFY0200M65 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19214.20     | 0.00%             | 2026-12-15      | Fixed         | 4.01%                 | No            |                  2 | On Loan: No      |
| TRAVELERS COS INC                                | Travelers Cos Inc/The                                                            | CUSIP: 89417EAM1<br>LEI: 549300Y650407RU8B149 | Long             | DBT              | CORP              | US        |     45000 | PA      | $37216.35     | 0.00%             | 2047-05-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| REGENCY CENTERS LP                               | Regency Centers LP                                                               | CUSIP: 75884RBA0<br>LEI: 5493008PTR2GAOYBXW28 | Long             | DBT              |  | US        |     30000 | PA      | $26252.10     | 0.00%             | 2030-06-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VGP3<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     75000 | PA      | $58670.25     | 0.01%             | 2052-03-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Fiserv Inc                                       | Fiserv Inc                                                                       | CUSIP: 337738AR9<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14318.85     | 0.00%             | 2028-10-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| European Investment Bank                         | European Investment Bank                                                         | CUSIP: 298785GS9<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    591000 | PA      | $561710.04    | 0.07%             | 2025-02-10      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                              | American Express Co                                                              | CUSIP: 025816CW7<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    200000 | PA      | $191342.00    | 0.02%             | 2029-05-03      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| DAVITA INC                                       | DaVita Inc                                                                       | CUSIP: 23918KAT5<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |    120000 | PA      | $88129.20     | 0.01%             | 2031-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                         | Caterpillar Financial Services Corp                                              | CUSIP: 14913R2L0<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28218.00     | 0.00%             | 2024-05-17      | Fixed         | 0.45%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC                           | Lumen Technologies Inc                                                           | CUSIP: 156700AZ9<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19435.40     | 0.00%             | 2025-04-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| NATIONSTAR MTG HLD INC                           | Nationstar Mortgage Holdings Inc                                                 | CUSIP: 63861CAE9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     45000 | PA      | $35898.30     | 0.00%             | 2031-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| JANUS HEND US HLDGS INC                          | Janus Henderson US Holdings Inc                                                  | CUSIP: 47102XAJ4<br>LEI: 8T2ZO87FU1KVPZIG9I59 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49354.50     | 0.01%             | 2025-08-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL                         | Penske Truck Leasing Co Lp / PTL Finance Corp                                    | CUSIP: 709599BH6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     12000 | PA      | $10216.80     | 0.00%             | 2029-11-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| QUALCOMM Inc                                     | QUALCOMM Inc                                                                     | CUSIP: 747525AV5<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |    200000 | PA      | $176814.00    | 0.02%             | 2047-05-20      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| DEERE & COMPANY                                  | Deere & Co                                                                       | CUSIP: 244199BJ3<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | DBT              | CORP              | US        |     71000 | PA      | $64269.91     | 0.01%             | 2030-04-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Texas Instruments Inc                            | Texas Instruments Inc                                                            | CUSIP: 882508BF0<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |     87000 | PA      | $78043.35     | 0.01%             | 2039-03-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QKJG4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     60690 | PA      | $54522.17     | 0.01%             | 2036-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BELL CANADA                                      | Bell Telephone Co of Canada or Bell Canada/The                                   | CUSIP: 0778FPAF6<br>LEI: 549300JYAVAQRV5MNZ86 | Long             | DBT              | CORP              | CA        |     90000 | PA      | $67032.90     | 0.01%             | 2051-03-17      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| NORDIC INVESTMENT BANK                           | Nordic Investment Bank                                                           | CUSIP: 65562QBP9<br>LEI: 213800HYL1S7VAXG6Z48 | Long             | DBT              | NUSS              | XX        |    365000 | PA      | $328514.60    | 0.04%             | 2025-09-11      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| CORPORATE OFFICE PROP LP                         | Corporate Office Properties LP                                                   | CUSIP: 22003BAL0<br>LEI: H0TWO5VRNEP6CQAWPX27 | Long             | DBT              |  | US        |     88000 | PA      | $77930.16     | 0.01%             | 2026-03-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| United Overseas Bank Ltd                         | United Overseas Bank Ltd                                                         | CUSIP: 91127KAC6<br>LEI: IO66REGK3RCBAMA8HR66 | Long             | DBT              | CORP              | SG        |    250000 | PA      | $242780.00    | 0.03%             | 2029-04-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                 | Bank of Montreal                                                                 | CUSIP: 06367WB85<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    125000 | PA      | $116813.75    | 0.02%             | 2025-05-01      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| NORTHERN TRUST CORP                              | Northern Trust Corp                                                              | CUSIP: 665859AV6<br>LEI: 549300GLF98S992BC502 | Long             | DBT              | CORP              | US        |     75000 | PA      | $62336.25     | 0.01%             | 2030-05-01      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| ABU DHABI GOVT INT'L                             | Abu Dhabi Government International Bond                                          | CUSIP: 000000000<br>LEI: 213800FER4348CINTA77 | Long             | DBT              | NUSS              | AE        |    200000 | PA      | $166540.00    | 0.02%             | 2031-09-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                          | International Bank for Reconstruction & Development                              | CUSIP: 459058JB0<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    517000 | PA      | $475267.76    | 0.06%             | 2025-04-22      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| KFW                                              | Kreditanstalt fuer Wiederaufbau                                                  | CUSIP: 500769GQ1<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |    179000 | PA      | $169896.06    | 0.02%             | 2025-05-02      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| MASTERCARD INC                                   | Mastercard Inc                                                                   | CUSIP: 57636QAN4<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |     75000 | PA      | $71342.25     | 0.01%             | 2025-03-03      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| American Tower Corp                              | American Tower Corp                                                              | CUSIP: 03027XAK6<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |     79000 | PA      | $73711.74     | 0.01%             | 2026-10-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                        | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F0404C8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    400000 | PA      | $391000.00    | 0.05%             | 2037-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VISA INC                                         | Visa Inc                                                                         | CUSIP: 92826CAM4<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |    102000 | PA      | $88124.94     | 0.01%             | 2030-04-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                          | Dell International LLC / EMC Corp                                                | CUSIP: 24703TAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     22000 | PA      | $21586.62     | 0.00%             | 2024-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ARTHUR J GALLAGHER & CO                          | Arthur J Gallagher & Co                                                          | CUSIP: 04316JAA7<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |     10000 | PA      | $7911.50      | 0.00%             | 2031-11-09      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| LANDWIRTSCH. RENTENBANK                          | Landwirtschaftliche Rentenbank                                                   | CUSIP: 515110BN3<br>LEI: 529900Z3J0N6S0F7CT25 | Long             | DBT              | CORP              | DE        |     25000 | PA      | $23848.50     | 0.00%             | 2025-01-13      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                       | US Bancorp                                                                       | CUSIP: 91159HHZ6<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9285.40      | 0.00%             | 2025-05-12      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| Genworth Holdings Inc                            | Genworth Holdings Inc                                                            | CUSIP: 37247DAB2<br>LEI: PXDECZED7L8SRUP41R09 | Long             | DBT              | CORP              | US        |     20000 | PA      | $17396.40     | 0.00%             | 2034-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406YAA0<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    100000 | PA      | $90168.00     | 0.01%             | 2029-08-23      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| WRKCo Inc                                        | WRKCo Inc                                                                        | CUSIP: 92940PAF1<br>LEI: 549300JEB576INN13W07 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18099.20     | 0.00%             | 2032-06-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VBG8<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    117000 | PA      | $94960.71     | 0.01%             | 2042-11-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QGXK8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    236925 | PA      | $202623.89    | 0.03%             | 2051-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Booking Holdings Inc                             | Booking Holdings Inc                                                             | CUSIP: 741503AW6<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | DBT              | CORP              | US        |    120000 | PA      | $117301.20    | 0.02%             | 2025-03-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| TRITON CONTAINER                                 | Triton Container International Ltd                                               | CUSIP: 89680YAB1<br>LEI: 549300O4LZFLCX53XZ54 | Long             | DBT              | CORP              | BM        |     75000 | PA      | $69237.00     | 0.01%             | 2024-06-07      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| BANCOLOMBIA SA                                   | Bancolombia SA                                                                   | CUSIP: 05968LAM4<br>LEI: 54930052NWJRPNMP1W58 | Long             | DBT              | CORP              | CO        |    210000 | PA      | $196192.50    | 0.03%             | 2025-01-29      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Gray Television Inc                              | Gray Television Inc                                                              | CUSIP: 389284AA8<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |     55000 | PA      | $50570.85     | 0.01%             | 2027-05-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: —       |
| CENTERPOINT ENER HOUSTON                         | CenterPoint Energy Houston Electric LLC                                          | CUSIP: 15189XAR9<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14258.40     | 0.00%             | 2027-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133L8H24<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    176936 | PA      | $158949.68    | 0.02%             | 2036-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| AVIENT CORP                                      | Avient Corp                                                                      | CUSIP: 05368VAA4<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49052.50     | 0.01%             | 2030-08-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae                                                                       | CUSIP: 21H0226C0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     98000 | PA      | $86117.50     | 0.01%             | 2052-12-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| LPL HOLDINGS INC                                 | LPL Holdings Inc                                                                 | CUSIP: 50212YAD6<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |     65000 | PA      | $56830.15     | 0.01%             | 2029-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XDPA8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1845546 | PA      | $1722774.79   | 0.22%             | 2045-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SONOCO PRODUCTS CO                               | Sonoco Products Co                                                               | CUSIP: 835495AM4<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | DBT              | CORP              | US        |    170000 | PA      | $157258.50    | 0.02%             | 2025-02-01      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                         | Rogers Communications Inc                                                        | CUSIP: 775109BZ3<br>LEI: 54930030NVF3Y2OL0A78 | Long             | DBT              | CORP              | CA        |     45000 | PA      | $38153.70     | 0.00%             | 2042-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AVAYA INC                                        | Avaya Inc                                                                        | CUSIP: 053499AL3<br>LEI: J6LB5QIFSP2MFEFG4U76 | Long             | DBT              | CORP              | US        |     77000 | PA      | $33962.39     | 0.00%             | 2028-09-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                         | Alexandria Real Estate Equities Inc                                              | CUSIP: 015271AJ8<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |     28000 | PA      | $26906.04     | 0.00%             | 2027-01-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| MCCORMICK & CO                                   | McCormick & Co Inc/MD                                                            | CUSIP: 579780AQ0<br>LEI: 549300JQQA6MQ4OJP259 | Long             | DBT              | CORP              | US        |     50000 | PA      | $42110.50     | 0.01%             | 2030-04-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| COOPERAT RABOBANK UA/NY                          | Cooperatieve Rabobank UA/NY                                                      | CUSIP: 21688AAE2<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |    290000 | PA      | $281569.70    | 0.04%             | 2025-05-21      | Fixed         | 3.38%                 | No            |                  2 | On Loan: —       |
| NEW GOLD INC                                     | New Gold Inc                                                                     | CUSIP: 644535AH9<br>LEI: 5493005G0GNCHP0H6L96 | Long             | DBT              | CORP              | CA        |     30000 | PA      | $26915.10     | 0.00%             | 2027-07-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| IDEX CORP                                        | IDEX Corp                                                                        | CUSIP: 45167RAG9<br>LEI: 549300U5Y5EL6PHYLF13 | Long             | DBT              | CORP              | US        |     79000 | PA      | $68862.72     | 0.01%             | 2030-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| D.R. HORTON INC                                  | DR Horton Inc                                                                    | CUSIP: 23331ABN8<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9336.40      | 0.00%             | 2025-10-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| BRIXMOR OPERATING PART                           | Brixmor Operating Partnership LP                                                 | CUSIP: 11120VAH6<br>LEI: 549300CJHBL7JBUA6503 | Long             | DBT              |  | US        |     15000 | PA      | $13372.35     | 0.00%             | 2029-05-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| ALLSTATE CORP                                    | Allstate Corp/The                                                                | CUSIP: 020002BH3<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |     85000 | PA      | $75189.30     | 0.01%             | 2025-12-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Western Digital Corp                             | Western Digital Corp                                                             | CUSIP: 958102AM7<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |    195000 | PA      | $183621.75    | 0.02%             | 2026-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| IND & COMM BK CHINA/SG                           | Industrial & Commercial Bank of China Ltd/Singapore                              | CUSIP: 000000000<br>LEI: 5493002ERZU2K9PZDL40 | Long             | DBT              | CORP              | CN        |    200000 | PA      | $181200.00    | 0.02%             | 2025-09-09      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                         | Warnermedia Holdings Inc                                                         | CUSIP: 55903VAL7<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    540000 | PA      | $458897.40    | 0.06%             | 2032-03-15      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                         | Caterpillar Financial Services Corp                                              | CUSIP: 14913R2K2<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |     75000 | PA      | $67285.50     | 0.01%             | 2026-03-02      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| Avnet Inc                                        | Avnet Inc                                                                        | CUSIP: 053807AS2<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | DBT              | CORP              | US        |     80000 | PA      | $77401.60     | 0.01%             | 2026-04-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| METHANEX CORP                                    | Methanex Corp                                                                    | CUSIP: 59151KAM0<br>LEI: 549300TSJHRXT9QXRD13 | Long             | DBT              | CORP              | CA        |     55000 | PA      | $50901.95     | 0.01%             | 2027-10-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| CITIZENS FINANCIAL GROUP                         | Citizens Financial Group Inc                                                     | CUSIP: 174610AW5<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |     80000 | PA      | $60097.60     | 0.01%             | 2032-09-30      | Fixed         | 2.64%                 | No            |                  2 | On Loan: No      |
| NATIONSTAR MTG HLD INC                           | Nationstar Mortgage Holdings Inc                                                 | CUSIP: 63861CAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     65000 | PA      | $55075.15     | 0.01%             | 2028-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Parker-Hannifin Corp                             | Parker-Hannifin Corp                                                             | CUSIP: 70109HAN5<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |     32000 | PA      | $28033.92     | 0.00%             | 2044-11-21      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| PRA GROUP INC                                    | PRA Group Inc                                                                    | CUSIP: 69354NAD8<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |     25000 | PA      | $20577.25     | 0.00%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PROVINCE OF ALBERTA                              | Province of Alberta Canada                                                       | CUSIP: 013051EH6<br>LEI: LQPXMHHNJKIPJYE53543 | Long             | DBT              | NUSS              | CA        |     42000 | PA      | $39899.16     | 0.01%             | 2024-11-13      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PERU                                 | Peruvian Government International Bond                                           | CUSIP: 715638DT6<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |     75000 | PA      | $54915.75     | 0.01%             | 2051-03-10      | Fixed         | 3.55%                 | No            |                  2 | On Loan: —       |
| Mastercard Inc                                   | Mastercard Inc                                                                   | CUSIP: 57636QAM6<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |     79000 | PA      | $72389.28     | 0.01%             | 2029-06-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KMXN0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    161932 | PA      | $133816.95    | 0.02%             | 2051-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| INTL FINANCE CORP                                | International Finance Corp                                                       | CUSIP: 45950VHX7<br>LEI: QKL54NQY28TCDAI75F60 | Long             | DBT              | NUSS              | XX        |    215000 | PA      | $201280.85    | 0.03%             | 2026-04-07      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| GRAPHIC PACKAGING INTERN                         | Graphic Packaging International LLC                                              | CUSIP: 38869AAC1<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |     25000 | PA      | $21289.00     | 0.00%             | 2029-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                         | Alexandria Real Estate Equities Inc                                              | CUSIP: 015271AL3<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |    175000 | PA      | $169190.00    | 0.02%             | 2025-04-30      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RAX5<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9284.10      | 0.00%             | 2024-10-25      | Fixed         | 0.85%                 | No            |                  2 | On Loan: No      |
| Dollar General Corp                              | Dollar General Corp                                                              | CUSIP: 256677AF2<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | DBT              | CORP              | US        |     35000 | PA      | $33582.85     | 0.00%             | 2028-05-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MCK4<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    190000 | PA      | $128586.30    | 0.02%             | 2041-09-17      | Fixed         | 2.93%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                              | Elevance Health Inc                                                              | CUSIP: 036752AL7<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     60000 | PA      | $53017.20     | 0.01%             | 2029-09-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| APTIV PLC                                        | Aptiv PLC                                                                        | CUSIP: 03835VAJ5<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |     85000 | PA      | $52989.00     | 0.01%             | 2051-12-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179WNF1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1333780 | PA      | $1207425.81   | 0.16%             | 2051-09-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Parker-Hannifin Corp                             | Parker-Hannifin Corp                                                             | CUSIP: 701094AJ3<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4695.75      | 0.00%             | 2027-03-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| LABORATORY CORP OF AMER                          | Laboratory Corp of America Holdings                                              | CUSIP: 50540RAQ5<br>LEI: OZ7UA8IXAIFILY2VZH07 | Long             | DBT              | CORP              | US        |     81000 | PA      | $78557.85     | 0.01%             | 2025-02-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| CORNERSTONE BUILDING                             | Cornerstone Building Brands Inc                                                  | CUSIP: 21925DAA7<br>LEI: 549300IW41QEWQ6T0H29 | Long             | DBT              | CORP              | US        |     40000 | PA      | $27026.80     | 0.00%             | 2029-01-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| ONTARIO (PROVINCE OF)                            | Province of Ontario Canada                                                       | CUSIP: 683234AT5<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |     10000 | PA      | $8975.40      | 0.00%             | 2026-04-14      | Fixed         | 1.05%                 | No            |                  2 | On Loan: No      |
| MARVELL TECHNOLOGY INC                           | Marvell Technology Inc                                                           | CUSIP: 573874AF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     17000 | PA      | $14431.13     | 0.00%             | 2028-04-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| FLOWSERVE CORPORATION                            | Flowserve Corp                                                                   | CUSIP: 34355JAB4<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | DBT              | CORP              | US        |     75000 | PA      | $56845.50     | 0.01%             | 2032-01-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| VZ SECURED FINANCING BV                          | VZ Secured Financing BV                                                          | CUSIP: 91845AAA3<br>LEI: 549300MG611MYCOWY949 | Long             | DBT              | CORP              | NL        |    150000 | PA      | $124045.50    | 0.02%             | 2032-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MONEYGRAM INTERNATIONAL                          | MoneyGram International Inc                                                      | CUSIP: 60935YAA7<br>LEI: 5299002DLX0Q04KC4156 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25250.50     | 0.00%             | 2026-08-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                         | Lloyds Banking Group PLC                                                         | CUSIP: 53944YAB9<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $190434.00    | 0.02%             | 2026-03-24      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| VALLEY NATIONAL BANCORP                          | Valley National Bancorp                                                          | CUSIP: 919794AE7<br>LEI: 549300ET52S1UBIB9762 | Long             | DBT              | CORP              | US        |     55000 | PA      | $48980.80     | 0.01%             | 2031-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE                           | VICI Properties LP / VICI Note Co Inc                                            | CUSIP: 92564RAF2<br>LEI: N/A                  | Long             | DBT              |  | US        |     45000 | PA      | $44648.10     | 0.01%             | 2024-05-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133AGDH9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     63590 | PA      | $52409.04     | 0.01%             | 2051-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| OWENS CORNING                                    | Owens Corning                                                                    | CUSIP: 690742AJ0<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4552.35      | 0.00%             | 2029-08-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                      | PepsiCo Inc                                                                      | CUSIP: 713448EZ7<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    148000 | PA      | $122814.84    | 0.02%             | 2030-05-01      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| GRAPHIC PACKAGING INTERN                         | Graphic Packaging International LLC                                              | CUSIP: 38869AAA5<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |     25000 | PA      | $23320.50     | 0.00%             | 2027-07-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XJJS3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    397806 | PA      | $388579.33    | 0.05%             | 2052-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Macquarie Bank Ltd                               | Macquarie Bank Ltd                                                               | CUSIP: 55608XAB3<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |     35000 | PA      | $34350.05     | 0.00%             | 2025-06-10      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BRITISH COLUMBIA PROV OF                         | Province of British Columbia Canada                                              | CUSIP: 110709AH5<br>LEI: 54930058TO7MEKUHWL16 | Long             | DBT              | NUSS              | CA        |    155000 | PA      | $137630.70    | 0.02%             | 2026-07-20      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                   | Air Lease Corp                                                                   | CUSIP: 00914AAE2<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    105000 | PA      | $89161.80     | 0.01%             | 2029-10-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| HP ENTERPRISE CO                                 | Hewlett Packard Enterprise Co                                                    | CUSIP: 42824CAX7<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |     99000 | PA      | $103863.87    | 0.01%             | 2035-10-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                         | Rogers Communications Inc                                                        | CUSIP: 775109BP5<br>LEI: 54930030NVF3Y2OL0A78 | Long             | DBT              | CORP              | CA        |    135000 | PA      | $96522.30     | 0.01%             | 2049-11-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: —       |
| Prudential Financial Inc                         | Prudential Financial Inc                                                         | CUSIP: 74432QAC9<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |     18000 | PA      | $18702.54     | 0.00%             | 2033-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CBJ9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2700000 | PA      | $2312718.75   | 0.30%             | 2028-01-31      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PERU                                 | Peruvian Government International Bond                                           | CUSIP: 715638DF6<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    125000 | PA      | $105888.75    | 0.01%             | 2031-01-23      | Fixed         | 2.78%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                         | Caterpillar Financial Services Corp                                              | CUSIP: 14912L6C0<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |     41000 | PA      | $40223.05     | 0.01%             | 2024-06-09      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                         | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AL5<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |     86000 | PA      | $72436.94     | 0.01%             | 2031-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                           | Asian Development Bank                                                           | CUSIP: 045167EY5<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    160000 | PA      | $126504.00    | 0.02%             | 2030-10-08      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                        | Amgen Inc                                                                        | CUSIP: 031162DK3<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9133.20      | 0.00%             | 2053-03-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| GROUP 1 AUTOMOTIVE INC                           | Group 1 Automotive Inc                                                           | CUSIP: 398905AN9<br>LEI: 549300US8QAZJLWYAF63 | Long             | DBT              | CORP              | US        |     57000 | PA      | $48675.15     | 0.01%             | 2028-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DWBX0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1407941 | PA      | $1095558.56   | 0.14%             | 2051-07-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| HOWMET AEROSPACE INC                             | Howmet Aerospace Inc                                                             | CUSIP: 013817AW1<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |    105000 | PA      | $104009.85    | 0.01%             | 2024-10-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAX3<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    170000 | PA      | $134303.40    | 0.02%             | 2032-01-30      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Republic of Peru                                 | Peruvian Government International Bond                                           | CUSIP: 715638AP7<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    100000 | PA      | $124278.00    | 0.02%             | 2033-11-21      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                      | BNP Paribas SA                                                                   | CUSIP: 09659W2T0<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $175448.00    | 0.02%             | 2028-01-20      | Fixed         | 2.59%                 | No            |                  2 | On Loan: No      |
| HP Inc                                           | HP Inc                                                                           | CUSIP: 428236BR3<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | DBT              | CORP              | US        |     71000 | PA      | $69309.49     | 0.01%             | 2041-09-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661DZ7<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    170000 | PA      | $113694.30    | 0.01%             | 2050-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Credit Agricole SA                               | Credit Agricole SA                                                               | CUSIP: 225313AK1<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |    270000 | PA      | $234894.60    | 0.03%             | 2033-01-10      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140L6RZ9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     51267 | PA      | $44018.50     | 0.01%             | 2051-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| TELECOM ITALIA CAPITAL                           | Telecom Italia Capital SA                                                        | CUSIP: 87927VAF5<br>LEI: 549300777DJZOR5C4L39 | Long             | DBT              | CORP              | LU        |     75000 | PA      | $61582.50     | 0.01%             | 2033-11-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179WJR0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1508954 | PA      | $1327109.04   | 0.17%             | 2051-07-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                              | Travel + Leisure Co                                                              | CUSIP: 894164AA0<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |     50000 | PA      | $40830.00     | 0.01%             | 2029-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PULTEGROUP INC                                   | PulteGroup Inc                                                                   | CUSIP: 745867AT8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     41000 | PA      | $39594.11     | 0.01%             | 2035-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED COMMUNICATI                         | Consolidated Communications Inc                                                  | CUSIP: 20903XAH6<br>LEI: 549300WW675Y48HDVX34 | Long             | DBT              | CORP              | US        |     30000 | PA      | $22786.50     | 0.00%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DIEBOLD NIXDORF INC                              | Diebold Nixdorf Inc                                                              | CUSIP: 253657AA8<br>LEI: 549300XZK6EWDBAZSY16 | Long             | DBT              | CORP              | US        |     50000 | PA      | $35355.50     | 0.00%             | 2025-07-15      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| CARRIER GLOBAL CORP                              | Carrier Global Corp                                                              | CUSIP: 14448CAS3<br>LEI: 549300JE3W6CWY2NAN77 | Long             | DBT              | CORP              | US        |    192000 | PA      | $140749.44    | 0.02%             | 2050-04-05      | Fixed         | 3.58%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CCH2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4660000 | PA      | $4062209.38   | 0.53%             | 2028-06-30      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| AIG GLOBAL FUNDING                               | AIG Global Funding                                                               | CUSIP: 00138CAN8<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |     95000 | PA      | $84736.20     | 0.01%             | 2025-09-22      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| DISCOVER BANK                                    | Discover Bank                                                                    | CUSIP: 25466AAR2<br>LEI: X05BVSK68TQ7YTOSNR22 | Long             | DBT              | CORP              | US        |     30000 | PA      | $24042.00     | 0.00%             | 2030-02-06      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                      | BNP Paribas SA                                                                   | CUSIP: 09659W2K9<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    225000 | PA      | $186086.25    | 0.02%             | 2031-01-13      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                 | Crown Castle Inc                                                                 | CUSIP: 22822VAF8<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |     52000 | PA      | $45249.88     | 0.01%             | 2047-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| FIN DEPT GOVT SHARJAH                            | Finance Department Government of Sharjah                                         | CUSIP: 000000000<br>LEI: 254900ZNL8O3F1CLJO24 | Long             | DBT              | NUSS              | AE        |    200000 | PA      | $163334.00    | 0.02%             | 2033-03-10      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                              | Sherwin-Williams Co/The                                                          | CUSIP: 824348AS5<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |     16000 | PA      | $13635.84     | 0.00%             | 2045-08-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| OMEGA HLTHCARE INVESTORS                         | Omega Healthcare Investors Inc                                                   | CUSIP: 681936BN9<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              |  | US        |     50000 | PA      | $36736.50     | 0.00%             | 2033-04-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| SELECTIVE INSURANCE GROU                         | Selective Insurance Group Inc                                                    | CUSIP: 816300AH0<br>LEI: 549300R3WGJWLE40R258 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8761.30      | 0.00%             | 2049-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 31418EHK9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    931207 | PA      | $905333.70    | 0.12%             | 2052-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Ventas Realty LP                                 | Ventas Realty LP                                                                 | CUSIP: 92277GAN7<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              |  | US        |     27000 | PA      | $25369.47     | 0.00%             | 2029-01-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| ZOETIS INC                                       | Zoetis Inc                                                                       | CUSIP: 98978VAT0<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |     50000 | PA      | $34876.50     | 0.00%             | 2050-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PROSUS NV                                        | Prosus NV                                                                        | CUSIP: 000000000<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $162854.00    | 0.02%             | 2030-01-21      | Fixed         | 3.68%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                          | Dell International LLC / EMC Corp                                                | CUSIP: 24703TAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     97000 | PA      | $98580.13     | 0.01%             | 2025-07-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Telefonica Europe BV                             | Telefonica Europe BV                                                             | CUSIP: 879385AD4<br>LEI: 7245007FZS0M65WUGP67 | Long             | DBT              | CORP              | NL        |     71000 | PA      | $80153.32     | 0.01%             | 2030-09-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MAN0<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     55000 | PA      | $51465.15     | 0.01%             | 2027-01-11      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| RITCHIE BROS AUCTIONEERS                         | Ritchie Bros Auctioneers Inc                                                     | CUSIP: 767744AA3<br>LEI: 5493002H8U24DJXQ4886 | Long             | DBT              | CORP              | CA        |     35000 | PA      | $34525.75     | 0.00%             | 2025-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATL INFO SERV                          | Fidelity National Information Services Inc                                       | CUSIP: 31620MBT2<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |    160000 | PA      | $127883.20    | 0.02%             | 2031-03-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| GAP INC/THE                                      | Gap Inc/The                                                                      | CUSIP: 364760AQ1<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | DBT              | CORP              | US        |     65000 | PA      | $49067.85     | 0.01%             | 2031-10-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Waste Management Inc                             | Waste Management Inc                                                             | CUSIP: 94106LBA6<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48358.50     | 0.01%             | 2025-03-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822BC7<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |     10000 | PA      | $9395.80      | 0.00%             | 2028-09-11      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                 | Crown Castle Inc                                                                 | CUSIP: 22822VAM3<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |     57000 | PA      | $52489.59     | 0.01%             | 2049-02-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                   | Microsoft Corp                                                                   | CUSIP: 594918BC7<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    126000 | PA      | $117236.70    | 0.02%             | 2035-02-12      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SK HYNIX INC                                     | SK Hynix Inc                                                                     | CUSIP: 000000000<br>LEI: 988400XAIK6XISWQV045 | Long             | DBT              | CORP              | KR        |    200000 | PA      | $173794.00    | 0.02%             | 2026-01-19      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF KAZAKHSTAN                           | Kazakhstan Government International Bond                                         | CUSIP: 000000000<br>LEI: 5493007OEK8EF02UO833 | Long             | DBT              | NUSS              | KZ        |    200000 | PA      | $179530.00    | 0.02%             | 2044-10-14      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Sensata Technologies BV                          | Sensata Technologies BV                                                          | CUSIP: 81725WAH6<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | NL        |     70000 | PA      | $69895.00     | 0.01%             | 2024-11-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| AMN HEALTHCARE INC                               | AMN Healthcare Inc                                                               | CUSIP: 00175PAC7<br>LEI: 549300H27NUKBFFQEE84 | Long             | DBT              | CORP              | US        |     35000 | PA      | $30704.80     | 0.00%             | 2029-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EMBOTELLADORA ANDINA SA                          | Embotelladora Andina SA                                                          | CUSIP: 000000000<br>LEI: 254900NNPKP1J9XTSA53 | Long             | DBT              | CORP              | CL        |    150000 | PA      | $110950.50    | 0.01%             | 2050-01-21      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| FEDERAL REALTY INVS TRST                         | Federal Realty Investment Trust                                                  | CUSIP: 313747AU1<br>LEI: 549300LI6XZ51GOCJ427 | Long             | DBT              |  | US        |     85000 | PA      | $83844.85     | 0.01%             | 2024-01-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Ventas Realty LP                                 | Ventas Realty LP                                                                 | CUSIP: 92277GAM9<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              | CORP              | US        |     27000 | PA      | $25195.59     | 0.00%             | 2028-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CBW0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1400000 | PA      | $1254750.00   | 0.16%             | 2026-04-30      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                   | Home Depot Inc/The                                                               | CUSIP: 437076BF8<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     77000 | PA      | $70114.66     | 0.01%             | 2045-03-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| GATES GLOBAL/GATES CORP                          | Gates Global LLC / Gates Corp                                                    | CUSIP: 36740LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $38573.60     | 0.01%             | 2026-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| EXELA INTERMED/EXELA FIN                         | Exela Intermediate LLC / Exela Finance Inc                                       | CUSIP: 30162RAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $6431.60      | 0.00%             | 2026-07-15      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                 | Coca-Cola Co/The                                                                 | CUSIP: 191216CL2<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |    207000 | PA      | $198628.92    | 0.03%             | 2024-09-06      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| XEROX CORPORATION                                | Xerox Corp                                                                       | CUSIP: 984121CB7<br>LEI: 4KF48RN45X1OO8UBLY20 | Long             | DBT              | CORP              | US        |     30000 | PA      | $23268.30     | 0.00%             | 2039-12-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Province of Quebec                               | Province of Quebec Canada                                                        | CUSIP: 748149AH4<br>LEI: 549300WN65YFEQH74Y36 | Long             | DBT              | NUSS              | CA        |    185000 | PA      | $179413.00    | 0.02%             | 2024-10-16      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                              | Sherwin-Williams Co/The                                                          | CUSIP: 824348AW6<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |     79000 | PA      | $74244.20     | 0.01%             | 2027-06-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XBSH4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    181226 | PA      | $149632.33    | 0.02%             | 2051-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Northern Trust Corp                              | Northern Trust Corp                                                              | CUSIP: 665859AP9<br>LEI: 549300GLF98S992BC502 | Long             | DBT              | CORP              | US        |     45000 | PA      | $44294.85     | 0.01%             | 2025-10-30      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| ADVANCE AUTO PARTS                               | Advance Auto Parts Inc                                                           | CUSIP: 00751YAE6<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |     67000 | PA      | $59345.25     | 0.01%             | 2030-04-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 31418CMF8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     64707 | PA      | $60302.44     | 0.01%             | 2047-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CEX5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3000000 | PA      | $2928750.00   | 0.38%             | 2024-06-30      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ONTARIO (PROVINCE OF)                            | Province of Ontario Canada                                                       | CUSIP: 68323AFH2<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |     70000 | PA      | $57451.80     | 0.01%             | 2031-02-25      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| MINERAL RESOURCES LTD                            | Mineral Resources Ltd                                                            | CUSIP: 603051AC7<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |     50000 | PA      | $51172.50     | 0.01%             | 2027-11-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| HARTFORD FINL SVCS GRP                           | Hartford Financial Services Group Inc/The                                        | CUSIP: 416515BB9<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | DBT              | CORP              | US        |     45000 | PA      | $36694.80     | 0.00%             | 2043-04-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| GEN DIGITAL INC                                  | Gen Digital Inc                                                                  | CUSIP: 871503AU2<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |     85000 | PA      | $83498.05     | 0.01%             | 2025-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SCRIPPS ESCROW II INC                            | Scripps Escrow II Inc                                                            | CUSIP: 81105DAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     35000 | PA      | $28575.75     | 0.00%             | 2031-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| Chubb INA Holdings Inc                           | Chubb INA Holdings Inc                                                           | CUSIP: 00440EAH0<br>LEI: CZCBJZWDMLTHWJDXU843 | Long             | DBT              | CORP              | US        |     45000 | PA      | $50687.10     | 0.01%             | 2036-05-15      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| Republic Services Inc                            | Republic Services Inc                                                            | CUSIP: 760759AQ3<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |     62000 | PA      | $59570.22     | 0.01%             | 2025-03-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| FIRST ABU DHABI BANK PJS                         | First Abu Dhabi Bank PJSC                                                        | CUSIP: 000000000<br>LEI: 2138002Y3WMK6RZS8H90 | Long             | DBT              | CORP              | AE        |    200000 | PA      | $189424.00    | 0.02%             | 2026-04-05      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                       | Fiserv Inc                                                                       | CUSIP: 337738BB3<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |    135000 | PA      | $120510.45    | 0.02%             | 2027-06-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INFO MGMT                          | Iron Mountain Information Management Services Inc                                | CUSIP: 46285MAA8<br>LEI: N/A                  | Long             | DBT              |  | US        |     55000 | PA      | $46880.35     | 0.01%             | 2032-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LABORATORY CORP OF AMER                          | Laboratory Corp of America Holdings                                              | CUSIP: 50540RAS1<br>LEI: OZ7UA8IXAIFILY2VZH07 | Long             | DBT              | CORP              | US        |    105000 | PA      | $92910.30     | 0.01%             | 2045-02-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                              | Bank of Nova Scotia/The                                                          | CUSIP: 0641594A1<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    300000 | PA      | $266814.00    | 0.03%             | 2026-06-24      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                     | Centene Corp                                                                     | CUSIP: 15135BAT8<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    275000 | PA      | $255618.00    | 0.03%             | 2029-12-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133B9MX9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    217040 | PA      | $185370.02    | 0.02%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSP/FINL                          | MPT Operating Partnership LP / MPT Finance Corp                                  | CUSIP: 55342UAJ3<br>LEI: N/A                  | Long             | DBT              |  | US        |    100000 | PA      | $78769.00     | 0.01%             | 2029-08-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| AMERICAN WATER CAPITAL C                         | American Water Capital Corp                                                      | CUSIP: 03040WBA2<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4827.80      | 0.00%             | 2032-06-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD PPTY REIT INC                         | Brookfield Property REIT Inc / BPR Cumulus LLC / BPR Nimbus LLC / GGSI Sellco LL | CUSIP: 11284DAC9<br>LEI: N/A                  | Long             | DBT              |  | US        |     65000 | PA      | $57223.40     | 0.01%             | 2027-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ING Groep NV                                     | ING Groep NV                                                                     | CUSIP: 456837AH6<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    265000 | PA      | $251339.25    | 0.03%             | 2027-03-29      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC                              | Sirius XM Radio Inc                                                              | CUSIP: 82967NBG2<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    110000 | PA      | $92820.20     | 0.01%             | 2030-07-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Newell Brands Inc                                | Newell Brands Inc                                                                | CUSIP: 651229AW6<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    150000 | PA      | $141519.00    | 0.02%             | 2026-04-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                   | Home Depot Inc/The                                                               | CUSIP: 437076CA8<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    271000 | PA      | $251637.05    | 0.03%             | 2027-04-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Quest Diagnostics Inc                            | Quest Diagnostics Inc                                                            | CUSIP: 74834LAY6<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | DBT              | CORP              | US        |     57000 | PA      | $48411.81     | 0.01%             | 2045-03-30      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| ALLEGION US HOLDING CO                           | Allegion US Holding Co Inc                                                       | CUSIP: 01748NAE4<br>LEI: 5493002B66JX7J7SXI33 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18189.80     | 0.00%             | 2027-10-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| AutoNation Inc                                   | AutoNation Inc                                                                   | CUSIP: 05329WAM4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     15000 | PA      | $14617.95     | 0.00%             | 2025-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                      | BNP Paribas SA                                                                   | CUSIP: 09659W2G8<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    255000 | PA      | $251980.80    | 0.03%             | 2025-01-10      | Fixed         | 4.71%                 | No            |                  2 | On Loan: No      |
| WRKCo Inc                                        | WRKCo Inc                                                                        | CUSIP: 92940PAD6<br>LEI: 549300JEB576INN13W07 | Long             | DBT              | CORP              | US        |     35000 | PA      | $33872.65     | 0.00%             | 2029-03-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                   | Morgan Stanley                                                                   | CUSIP: 61746BDQ6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    385000 | PA      | $378801.50    | 0.05%             | 2024-04-29      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| XILINX INC                                       | Xilinx Inc                                                                       | CUSIP: 983919AJ0<br>LEI: 6EY4K7ZMF9UX1CU6KC79 | Long             | DBT              | CORP              | US        |    156000 | PA      | $151642.92    | 0.02%             | 2024-06-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                          | Oncor Electric Delivery Co LLC                                                   | CUSIP: 68233JAZ7<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28791.60     | 0.00%             | 2025-04-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133GGHB2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     46288 | PA      | $41582.61     | 0.01%             | 2037-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| JELD-WEN INC                                     | JELD-WEN Inc                                                                     | CUSIP: 475795AE0<br>LEI: 549300XWE6NM0N1HFW16 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28473.30     | 0.00%             | 2025-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS                         | Discovery Communications LLC                                                     | CUSIP: 25470DBL2<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |     71000 | PA      | $45404.50     | 0.01%             | 2055-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                         | Rogers Communications Inc                                                        | CUSIP: 775109CC3<br>LEI: 54930030NVF3Y2OL0A78 | Long             | DBT              | CORP              | CA        |    215000 | PA      | $190352.40    | 0.02%             | 2032-03-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                          | Romanian Government International Bond                                           | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     60000 | PA      | $40088.40     | 0.01%             | 2051-02-14      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Nokia OYJ                                        | Nokia Oyj                                                                        | CUSIP: 654902AC9<br>LEI: 549300A0JPRWG1KI7U06 | Long             | DBT              | CORP              | FI        |     40000 | PA      | $38266.40     | 0.00%             | 2039-05-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| VM CONSOLIDATED INC                              | VM Consolidated Inc                                                              | CUSIP: 91835HAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     27000 | PA      | $24420.96     | 0.00%             | 2029-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| TWILIO INC                                       | Twilio Inc                                                                       | CUSIP: 90138FAD4<br>LEI: 5493004W8TRGD63APX93 | Long             | DBT              | CORP              | US        |     40000 | PA      | $32412.00     | 0.00%             | 2031-03-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179WTX6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    422365 | PA      | $359203.32    | 0.05%             | 2051-12-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                   | Air Lease Corp                                                                   | CUSIP: 00914AAM4<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    140000 | PA      | $122701.60    | 0.02%             | 2026-08-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                 | Coca-Cola Co/The                                                                 | CUSIP: 191216CU2<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |    135000 | PA      | $120156.75    | 0.02%             | 2027-06-01      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| State Street Corp                                | State Street Corp                                                                | CUSIP: 857477BC6<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |     70000 | PA      | $69150.20     | 0.01%             | 2024-12-03      | Fixed         | 3.78%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                          | Starwood Property Trust Inc                                                      | CUSIP: 85571BAY1<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |     40000 | PA      | $36003.60     | 0.00%             | 2027-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                         | Rogers Communications Inc                                                        | CUSIP: 775109AL5<br>LEI: 54930030NVF3Y2OL0A78 | Long             | DBT              | CORP              | CA        |     62000 | PA      | $70152.38     | 0.01%             | 2038-08-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| INTERCORP FIN SER INC                            | Intercorp Financial Services Inc                                                 | CUSIP: 000000000<br>LEI: 5299004181WFTEWB1398 | Long             | DBT              | CORP              | PA        |    200000 | PA      | $173682.00    | 0.02%             | 2027-10-19      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| UNITED RENTALS NORTH AM                          | United Rentals North America Inc                                                 | CUSIP: 911365BM5<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |     41000 | PA      | $37505.98     | 0.00%             | 2027-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                              | Charles Schwab Corp/The                                                          | CUSIP: 808513CA1<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4296.80      | 0.00%             | 2032-03-03      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                      | BNP Paribas SA                                                                   | CUSIP: 05581KAC5<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    250000 | PA      | $238790.00    | 0.03%             | 2027-03-13      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| ABU DHABI GOVT INT'L                             | Abu Dhabi Government International Bond                                          | CUSIP: 000000000<br>LEI: 213800FER4348CINTA77 | Long             | DBT              | NUSS              | AE        |    400000 | PA      | $331636.00    | 0.04%             | 2031-03-02      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| CISCO SYSTEMS INC                                | Cisco Systems Inc                                                                | CUSIP: 17275RAD4<br>LEI: 8E6NF1YAL0WT6CWXXV93 | Long             | DBT              | CORP              | US        |    184000 | PA      | $201546.24    | 0.03%             | 2039-02-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661ED5<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    125000 | PA      | $106601.25    | 0.01%             | 2028-09-15      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| Asian Development Bank                           | Asian Development Bank                                                           | CUSIP: 045167CW1<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    115000 | PA      | $109632.95    | 0.01%             | 2025-01-22      | Fixed         | 2.00%                 | No            |                  2 | On Loan: —       |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CAZ4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1400000 | PA      | $1254859.38   | 0.16%             | 2025-11-30      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| NASDAQ INC                                       | Nasdaq Inc                                                                       | CUSIP: 63111XAE1<br>LEI: 549300L8X1Q78ERXFD06 | Long             | DBT              | CORP              | US        |     76000 | PA      | $50544.56     | 0.01%             | 2040-12-21      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY DOM HOLD                          | Morgan Stanley Domestic Holdings Inc                                             | CUSIP: 269246BQ6<br>LEI: 549300LYE2HSVYJFJD24 | Long             | DBT              | CORP              | US        |     75000 | PA      | $70900.50     | 0.01%             | 2027-08-24      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Harley-Davidson Inc                              | Harley-Davidson Inc                                                              | CUSIP: 412822AE8<br>LEI: ZDNAWZWXIKMWI51R2A08 | Long             | DBT              | CORP              | US        |     53000 | PA      | $40723.61     | 0.01%             | 2045-07-28      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| TELECOM ITALIA CAPITAL                           | Telecom Italia Capital SA                                                        | CUSIP: 87927VAV0<br>LEI: 549300777DJZOR5C4L39 | Long             | DBT              | CORP              | LU        |     70000 | PA      | $58927.40     | 0.01%             | 2038-06-04      | Fixed         | 7.72%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC                           | Lumen Technologies Inc                                                           | CUSIP: 156700BD7<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |     70000 | PA      | $47210.80     | 0.01%             | 2029-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| KOREA DEVELOPMENT BANK                           | Korea Development Bank/The                                                       | CUSIP: 500630DP0<br>LEI: 549300ML2LNRZUCS7149 | Long             | DBT              | NUSS              | KR        |    200000 | PA      | $161132.00    | 0.02%             | 2031-10-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132CWQY3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    261965 | PA      | $247852.07    | 0.03%             | 2035-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CDW8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2300000 | PA      | $2043046.88   | 0.27%             | 2029-01-31      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| AP MOLLER-MAERSK A/S                             | AP Moller - Maersk A/S                                                           | CUSIP: 00203QAE7<br>LEI: 549300D2K6PKKKXVNN73 | Long             | DBT              | CORP              | DK        |     70000 | PA      | $66591.70     | 0.01%             | 2029-06-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ALCON FINANCE CORP                               | Alcon Finance Corp                                                               | CUSIP: 01400EAC7<br>LEI: 549300CUZUI9VU7XNK42 | Long             | DBT              | CORP              | US        |     65000 | PA      | $49221.90     | 0.01%             | 2049-09-23      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| SENSATA TECH INC                                 | Sensata Technologies Inc                                                         | CUSIP: 81728UAA2<br>LEI: 5493002MMDDCUNV7NY90 | Long             | DBT              | CORP              | US        |     45000 | PA      | $39856.95     | 0.01%             | 2030-02-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| IDEX CORP                                        | IDEX Corp                                                                        | CUSIP: 45167RAH7<br>LEI: 549300U5Y5EL6PHYLF13 | Long             | DBT              | CORP              | US        |     82000 | PA      | $68758.64     | 0.01%             | 2031-06-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                                | Iron Mountain Inc                                                                | CUSIP: 46284VAG6<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |     40000 | PA      | $36695.20     | 0.00%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                          | BPCE SA                                                                          | CUSIP: 05578QAC7<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |     35000 | PA      | $33923.05     | 0.00%             | 2024-07-11      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| SALESFORCE INC                                   | Salesforce Inc                                                                   | CUSIP: 79466LAH7<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | DBT              | CORP              | US        |    145000 | PA      | $125256.80    | 0.02%             | 2028-07-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| CROCS INC                                        | Crocs Inc                                                                        | CUSIP: 227046AA7<br>LEI: 549300B0J6YCXD63OG72 | Long             | DBT              | CORP              | US        |     25000 | PA      | $20761.50     | 0.00%             | 2029-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| Boston Properties LP                             | Boston Properties LP                                                             | CUSIP: 10112RAX2<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |    206000 | PA      | $195984.28    | 0.03%             | 2026-02-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| ESTEE LAUDER CO INC                              | Estee Lauder Cos Inc/The                                                         | CUSIP: 29736RAP5<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | DBT              | CORP              | US        |     69000 | PA      | $59500.77     | 0.01%             | 2029-12-01      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                          | BPCE SA                                                                          | CUSIP: 05578QAE3<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    245000 | PA      | $233058.70    | 0.03%             | 2026-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ESTEE LAUDER CO INC                              | Estee Lauder Cos Inc/The                                                         | CUSIP: 29736RAC4<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | DBT              | CORP              | US        |     15000 | PA      | $16305.75     | 0.00%             | 2037-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| COGENT COMMUNICATIONS GR                         | Cogent Communications Group Inc                                                  | CUSIP: 19240CAC7<br>LEI: 549300KFWFYF8Q1U0Y26 | Long             | DBT              | CORP              | US        |     35000 | PA      | $31828.30     | 0.00%             | 2026-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140L2RS4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    629377 | PA      | $519758.49    | 0.07%             | 2051-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822BS2<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |     95000 | PA      | $86323.65     | 0.01%             | 2025-07-17      | Fixed         | 1.41%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133L8U37<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    113199 | PA      | $101740.04    | 0.01%             | 2037-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| US FOODS INC                                     | US Foods Inc                                                                     | CUSIP: 90290MAD3<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |     70000 | PA      | $63114.10     | 0.01%             | 2029-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Telefonica Emisiones SAU                         | Telefonica Emisiones SA                                                          | CUSIP: 87938WAW3<br>LEI: 549300Y5MFC4SW5Z3K71 | Long             | DBT              | CORP              | ES        |     90000 | PA      | $70371.90     | 0.01%             | 2048-03-06      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| AXA SA                                           | AXA SA                                                                           | CUSIP: 054536AC1<br>LEI: F5WCUMTUM4RKZ1MAIE39 | Long             | DBT              | CORP              | FR        |     30000 | PA      | $29146.20     | 0.00%             | 2036-12-14      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| ATI INC                                          | ATI Inc                                                                          | CUSIP: 01741RAL6<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | DBT              | CORP              | US        |     30000 | PA      | $25671.00     | 0.00%             | 2029-10-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Kilroy Realty LP                                 | Kilroy Realty LP                                                                 | CUSIP: 49427RAN2<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27609.00     | 0.00%             | 2028-12-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| RAYMOND JAMES FINANCIAL                          | Raymond James Financial Inc                                                      | CUSIP: 754730AH2<br>LEI: RGUZHJ05YTITL6D76949 | Long             | DBT              | CORP              | US        |     41000 | PA      | $30455.21     | 0.00%             | 2051-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC                         | Builders FirstSource Inc                                                         | CUSIP: 12008RAP2<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |    100000 | PA      | $81115.00     | 0.01%             | 2032-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Lam Research Corp                                | Lam Research Corp                                                                | CUSIP: 512807AU2<br>LEI: 549300I4GMO6D34U1T02 | Long             | DBT              | CORP              | US        |     83000 | PA      | $79997.89     | 0.01%             | 2029-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC                                   | S&P Global Inc                                                                   | CUSIP: 78409VAS3<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |     44000 | PA      | $34274.24     | 0.00%             | 2030-08-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 9128284V9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    600000 | PA      | $570750.00    | 0.07%             | 2028-08-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912828X70<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    500000 | PA      | $482050.78    | 0.06%             | 2024-04-30      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ASSURANT INC                                     | Assurant Inc                                                                     | CUSIP: 04621XAM0<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | DBT              | CORP              | US        |    100000 | PA      | $85733.00     | 0.01%             | 2030-02-22      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| ONTARIO (PROVINCE OF)                            | Province of Ontario Canada                                                       | CUSIP: 68323AFF6<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |     60000 | PA      | $55905.00     | 0.01%             | 2026-06-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| PPG Industries Inc                               | PPG Industries Inc                                                               | CUSIP: 693506BP1<br>LEI: 549300BKPEP01R3V6C59 | Long             | DBT              | CORP              | US        |    144000 | PA      | $136774.08    | 0.02%             | 2028-03-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| EUROPEAN BK RECON & DEV                          | European Bank for Reconstruction & Development                                   | CUSIP: 29874QEG5<br>LEI: 549300HTGDOVDU6OGK19 | Long             | DBT              | NUSS              | XX        |    179000 | PA      | $163469.96    | 0.02%             | 2025-05-19      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| ONTARIO (PROVINCE OF)                            | Province of Ontario Canada                                                       | CUSIP: 68323ACT9<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |    212000 | PA      | $207613.72    | 0.03%             | 2024-05-16      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Franklin Resources Inc                           | Franklin Resources Inc                                                           | CUSIP: 354613AK7<br>LEI: RIFQSET379FOGTEFKS80 | Long             | DBT              | CORP              | US        |     60000 | PA      | $57426.60     | 0.01%             | 2025-03-30      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| HARTFORD FINL SVCS GRP                           | Hartford Financial Services Group Inc/The                                        | CUSIP: 416515AS3<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | DBT              | CORP              | US        |     40000 | PA      | $40380.00     | 0.01%             | 2036-10-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| NCR CORP                                         | NCR Corp                                                                         | CUSIP: 62886EAV0<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |     40000 | PA      | $38827.60     | 0.01%             | 2029-09-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| HOWMET AEROSPACE INC                             | Howmet Aerospace Inc                                                             | CUSIP: 013817AK7<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |     40000 | PA      | $38166.40     | 0.00%             | 2037-02-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Willis North America Inc                         | Willis North America Inc                                                         | CUSIP: 970648AH4<br>LEI: 5493004KVU1HWZCP0C66 | Long             | DBT              | CORP              | US        |     70000 | PA      | $59535.70     | 0.01%             | 2048-09-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| iHeartCommunications Inc                         | iHeartCommunications Inc                                                         | CUSIP: 45174HBC0<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |     60000 | PA      | $56951.40     | 0.01%             | 2026-05-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| NEWCREST FINANCE PTY LTD                         | Newcrest Finance Pty Ltd                                                         | CUSIP: 65120FAE4<br>LEI: 549300I0XDZ4K7PDSS04 | Long             | DBT              | CORP              | AU        |     15000 | PA      | $10963.35     | 0.00%             | 2050-05-13      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCKS FINAN NA                          | Daimler Trucks Finance North America LLC                                         | CUSIP: 233853AG5<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |    220000 | PA      | $184723.00    | 0.02%             | 2028-12-14      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| TYCO ELECTRONICS GROUP S                         | Tyco Electronics Group SA                                                        | CUSIP: 902133AU1<br>LEI: C33G1C5SYE2YM95EE712 | Long             | DBT              | CORP              | LU        |     55000 | PA      | $51124.15     | 0.01%             | 2027-08-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810RP5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    400000 | PA      | $336625.00    | 0.04%             | 2045-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BRIXMOR OPERATING PART                           | Brixmor Operating Partnership LP                                                 | CUSIP: 11120VAC7<br>LEI: 549300CJHBL7JBUA6503 | Long             | DBT              | CORP              | US        |     57000 | PA      | $53787.48     | 0.01%             | 2026-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                      | Prologis LP                                                                      | CUSIP: 74340XBR1<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |     35000 | PA      | $26801.95     | 0.00%             | 2030-10-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| REPUBLICA ORIENT URUGUAY                         | Uruguay Government International Bond                                            | CUSIP: 760942BA9<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |    154000 | PA      | $153219.22    | 0.02%             | 2050-06-18      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| VERISIGN INC                                     | VeriSign Inc                                                                     | CUSIP: 92343EAM4<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | DBT              | CORP              | US        |     55000 | PA      | $44990.00     | 0.01%             | 2031-06-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: —       |
| MARVELL TECHNOLOGY INC                           | Marvell Technology Inc                                                           | CUSIP: 573874AN4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     61000 | PA      | $58533.16     | 0.01%             | 2028-06-22      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Asian Development Bank                           | Asian Development Bank                                                           | CUSIP: 045167AU7<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    180000 | PA      | $194257.80    | 0.03%             | 2027-08-15      | Fixed         | 6.22%                 | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING                            | Alibaba Group Holding Ltd                                                        | CUSIP: 01609WAV4<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $154828.00    | 0.02%             | 2047-12-06      | Fixed         | 4.20%                 | No            |                  2 | On Loan: —       |
| XYLEM INC                                        | Xylem Inc/NY                                                                     | CUSIP: 98419MAM2<br>LEI: 549300DF5MV96DRYLQ48 | Long             | DBT              | CORP              | US        |    120000 | PA      | $104223.60    | 0.01%             | 2028-01-30      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| NORDSTROM INC                                    | Nordstrom Inc                                                                    | CUSIP: 655664AY6<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |     30000 | PA      | $23355.30     | 0.00%             | 2031-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XA3P5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     74570 | PA      | $69494.84     | 0.01%             | 2049-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| VMWARE INC                                       | VMware Inc                                                                       | CUSIP: 928563AE5<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |    102000 | PA      | $99487.74     | 0.01%             | 2027-05-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                   | Morgan Stanley                                                                   | CUSIP: 61747YER2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28585.20     | 0.00%             | 2028-04-20      | Fixed         | 4.21%                 | No            |                  2 | On Loan: No      |
| CINEMARK USA INC                                 | Cinemark USA Inc                                                                 | CUSIP: 172441BD8<br>LEI: 54930008H2137JSCPQ09 | Long             | DBT              | CORP              | US        |     30000 | PA      | $26247.30     | 0.00%             | 2026-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CDP FINANCIAL INC                                | CDP Financial Inc                                                                | CUSIP: 125094AV4<br>LEI: 549300OXMGVYFCBFV096 | Long             | DBT              | NUSS              | CA        |     50000 | PA      | $44538.00     | 0.01%             | 2026-05-26      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                   | Morgan Stanley                                                                   | CUSIP: 61746BDZ6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    160000 | PA      | $155222.40    | 0.02%             | 2026-01-27      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                              | Charles Schwab Corp/The                                                          | CUSIP: 808513BA2<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     40000 | PA      | $36592.40     | 0.00%             | 2029-05-22      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Kraft Heinz Foods Co                             | Kraft Heinz Foods Co                                                             | CUSIP: 50077LAM8<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |     25000 | PA      | $23611.25     | 0.00%             | 2045-07-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DNWS8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    568884 | PA      | $529357.47    | 0.07%             | 2050-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CCX7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7740000 | PA      | $7203037.50   | 0.94%             | 2024-09-15      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS                         | Discovery Communications LLC                                                     | CUSIP: 25470DAJ8<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |     59000 | PA      | $45621.16     | 0.01%             | 2043-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| RELX Capital Inc                                 | RELX Capital Inc                                                                 | CUSIP: 74949LAC6<br>LEI: 2R15C3RTKJN1RCBOV146 | Long             | DBT              | CORP              | US        |    157000 | PA      | $147931.68    | 0.02%             | 2029-03-18      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ANALOG DEVICES INC                               | Analog Devices Inc                                                               | CUSIP: 032654AV7<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | DBT              | CORP              | US        |     40000 | PA      | $32905.60     | 0.00%             | 2031-10-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                          | United Rentals North America Inc                                                 | CUSIP: 911365BG8<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    125000 | PA      | $119338.75    | 0.02%             | 2028-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Avery Dennison Corp                              | Avery Dennison Corp                                                              | CUSIP: 053611AJ8<br>LEI: 549300PW7VPFCYKLIV37 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14738.25     | 0.00%             | 2028-12-06      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| AIRPORT AUTHORITY HK                             | Airport Authority                                                                | CUSIP: 00946AAC8<br>LEI: 254900748HGC4RBR4O84 | Long             | DBT              | NUSS              | HK        |    200000 | PA      | $181398.00    | 0.02%             | 2027-01-12      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC                                   | S&P Global Inc                                                                   | CUSIP: 78409VAQ7<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |     71000 | PA      | $52504.50     | 0.01%             | 2049-12-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406GAA9<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     90000 | PA      | $81695.70     | 0.01%             | 2028-10-30      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Cooperatieve Rabobank UA                         | Cooperatieve Rabobank UA                                                         | CUSIP: 21684AAF3<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |     20000 | PA      | $18789.00     | 0.00%             | 2026-07-21      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                              | Moody's Corp                                                                     | CUSIP: 615369AX3<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |     35000 | PA      | $22792.35     | 0.00%             | 2061-11-29      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| VISA INC                                         | Visa Inc                                                                         | CUSIP: 92826CAP7<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |    110000 | PA      | $94250.20     | 0.01%             | 2027-08-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| ORGANON & CO/ORG                                 | Organon & Co / Organon Foreign Debt Co-Issuer BV                                 | CUSIP: 68622TAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $133087.50    | 0.02%             | 2031-04-30      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                     | Comcast Corp                                                                     | CUSIP: 20030NDW8<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    460000 | PA      | $291037.40    | 0.04%             | 2063-11-01      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| ABN AMRO BANK NV                                 | ABN AMRO Bank NV                                                                 | CUSIP: 00084DAW0<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |     50000 | PA      | $40587.00     | 0.01%             | 2029-12-13      | Fixed         | 2.47%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 31418CZ98<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    218220 | PA      | $209776.32    | 0.03%             | 2048-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CONSTELLIUM SE                                   | Constellium SE                                                                   | CUSIP: 21039CAB0<br>LEI: 724500KRJEMC79KAAU28 | Long             | DBT              | CORP              | FR        |     50000 | PA      | $41011.50     | 0.01%             | 2029-04-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| KFW                                              | Kreditanstalt fuer Wiederaufbau                                                  | CUSIP: 500769BR4<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |     70000 | PA      | $41125.00     | 0.01%             | 2036-04-18      | None          | 0.00%                 | No            |                  2 | On Loan: —       |
| PRIMERICA INC                                    | Primerica Inc                                                                    | CUSIP: 74164MAB4<br>LEI: 254900621R686KJR7022 | Long             | DBT              | CORP              | US        |     35000 | PA      | $28798.00     | 0.00%             | 2031-11-19      | Fixed         | 2.80%                 | No            |                  2 | On Loan: —       |
| Visa Inc                                         | Visa Inc                                                                         | CUSIP: 92826CAD4<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |    427000 | PA      | $411581.03    | 0.05%             | 2025-12-14      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| BRANDYWINE OPER PARTNERS                         | Brandywine Operating Partnership LP                                              | CUSIP: 105340AP8<br>LEI: IXBXSCONLDQ1ZI73YU71 | Long             | DBT              |  | US        |     25000 | PA      | $21799.25     | 0.00%             | 2029-10-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                 | Crown Castle Inc                                                                 | CUSIP: 22822VAL5<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |     47000 | PA      | $44809.33     | 0.01%             | 2029-02-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| QORVO INC                                        | Qorvo Inc                                                                        | CUSIP: 74739DAA2<br>LEI: 254900YAUJV2EUEVBR11 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9175.90      | 0.00%             | 2024-12-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR INC                                  | Caterpillar Inc                                                                  | CUSIP: 149123CG4<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |     76000 | PA      | $67762.36     | 0.01%             | 2029-09-19      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133L8U45<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    114221 | PA      | $102659.04    | 0.01%             | 2037-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC                                   | S&P Global Inc                                                                   | CUSIP: 78409VAY0<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49766.50     | 0.01%             | 2028-08-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CCY5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4700000 | PA      | $4075414.09   | 0.53%             | 2028-09-30      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133L8HW8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     39156 | PA      | $35175.38     | 0.00%             | 2036-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| RHP HOTEL PPTY/RHP FINAN                         | RHP Hotel Properties LP / RHP Finance Corp                                       | CUSIP: 749571AF2<br>LEI: N/A                  | Long             | DBT              |  | US        |     55000 | PA      | $50288.15     | 0.01%             | 2027-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| LANDWIRTSCH. RENTENBANK                          | Landwirtschaftliche Rentenbank                                                   | CUSIP: 000000000<br>LEI: 529900Z3J0N6S0F7CT25 | Long             | DBT              | CORP              | DE        |     75000 | PA      | $68587.50     | 0.01%             | 2027-01-14      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| S&P Global Inc                                   | S&P Global Inc                                                                   | CUSIP: 78409VAM6<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |     12000 | PA      | $11335.56     | 0.00%             | 2027-01-22      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| DH EUROPE FINANCE II                             | DH Europe Finance II Sarl                                                        | CUSIP: 23291KAH8<br>LEI: 222100KDGL314CKTZ511 | Long             | DBT              | CORP              | LU        |      5000 | PA      | $4421.30      | 0.00%             | 2029-11-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DMSB2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     80845 | PA      | $66837.46     | 0.01%             | 2050-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Kimberly-Clark Corp                              | Kimberly-Clark Corp                                                              | CUSIP: 494368BR3<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | DBT              | CORP              | US        |     40000 | PA      | $38470.80     | 0.01%             | 2025-08-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| PepsiCo Inc                                      | PepsiCo Inc                                                                      | CUSIP: 713448DV7<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     20000 | PA      | $17756.20     | 0.00%             | 2047-05-02      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                      | Equinix Inc                                                                      | CUSIP: 29444UBC9<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              |  | US        |    207000 | PA      | $197173.71    | 0.03%             | 2024-11-18      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                      | PepsiCo Inc                                                                      | CUSIP: 713448FA1<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    220000 | PA      | $176459.80    | 0.02%             | 2031-02-25      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822CD4<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    235000 | PA      | $190173.75    | 0.02%             | 2033-01-19      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| TRANE TECHNOLOGIES LUX                           | Trane Technologies Luxembourg Finance SA                                         | CUSIP: 456873AE8<br>LEI: 549300GHBOWCVY92IS29 | Long             | DBT              | CORP              | LU        |     65000 | PA      | $61570.60     | 0.01%             | 2026-03-21      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Jeld-Wen Inc                                     | JELD-WEN Inc                                                                     | CUSIP: 475795AD2<br>LEI: 549300XWE6NM0N1HFW16 | Long             | DBT              | CORP              | US        |     30000 | PA      | $23467.50     | 0.00%             | 2027-12-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BANQUE FED CRED MUTUEL                           | Banque Federative du Credit Mutuel SA                                            | CUSIP: 06675FAV9<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |    265000 | PA      | $250440.90    | 0.03%             | 2024-02-27      | Fixed         | 0.65%                 | No            |                  2 | On Loan: No      |
| NVIDIA CORP                                      | NVIDIA Corp                                                                      | CUSIP: 67066GAG9<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | DBT              | CORP              | US        |    114000 | PA      | $95021.28     | 0.01%             | 2040-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                   | Microsoft Corp                                                                   | CUSIP: 594918CB8<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4849.65      | 0.00%             | 2057-02-06      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                            | Micron Technology Inc                                                            | CUSIP: 595112BQ5<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    104000 | PA      | $96304.00     | 0.01%             | 2030-02-15      | Fixed         | 4.66%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                         | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AJ0<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |     60000 | PA      | $52688.40     | 0.01%             | 2029-05-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                          | International Bank for Reconstruction & Development                              | CUSIP: 459058FT5<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    328000 | PA      | $301760.00    | 0.04%             | 2026-10-27      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Jabil Inc                                        | Jabil Inc                                                                        | CUSIP: 466313AH6<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |     27000 | PA      | $25340.31     | 0.00%             | 2028-01-12      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| HCA INC                                          | HCA Inc                                                                          | CUSIP: 404119BX6<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |     91000 | PA      | $83442.45     | 0.01%             | 2029-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                     | Broadcom Inc                                                                     | CUSIP: 11135FBR1<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9142.20      | 0.00%             | 2029-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Cummins Inc                                      | Cummins Inc                                                                      | CUSIP: 231021AQ9<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | DBT              | CORP              | US        |     55000 | PA      | $52645.45     | 0.01%             | 2043-10-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QLGU4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    134621 | PA      | $110978.85    | 0.01%             | 2051-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                             | Cleveland-Cliffs Inc                                                             | CUSIP: 185899AL5<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |     25000 | PA      | $21702.00     | 0.00%             | 2031-03-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| PRINCIPAL FINANCIAL GRP                          | Principal Financial Group Inc                                                    | CUSIP: 74251VAF9<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | DBT              | CORP              | US        |     20000 | PA      | $17213.20     | 0.00%             | 2042-09-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822CR3<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $199562.00    | 0.03%             | 2033-09-13      | Fixed         | 5.47%                 | No            |                  2 | On Loan: No      |
| Vodafone Group PLC                               | Vodafone Group PLC                                                               | CUSIP: 92857WBD1<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |     29000 | PA      | $24259.95     | 0.00%             | 2043-02-19      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| MERCER INTL INC                                  | Mercer International Inc                                                         | CUSIP: 588056AW1<br>LEI: 549300Z5IAG39VRTY874 | Long             | DBT              | CORP              | US        |     26000 | PA      | $24650.60     | 0.00%             | 2026-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| RACKSPACE TECHNOLOGY                             | Rackspace Technology Global Inc                                                  | CUSIP: 750098AA3<br>LEI: 549300QTYCKLMFSE8I97 | Long             | DBT              | CORP              | US        |     40000 | PA      | $19059.20     | 0.00%             | 2028-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| Seagate HDD Cayman                               | Seagate HDD Cayman                                                               | CUSIP: 81180WAL5<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |     40000 | PA      | $38800.00     | 0.01%             | 2025-01-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| American Express Co                              | American Express Co                                                              | CUSIP: 025816CA5<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    120000 | PA      | $118698.00    | 0.02%             | 2025-11-06      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Humana Inc                                       | Humana Inc                                                                       | CUSIP: 444859BG6<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |     55000 | PA      | $49353.15     | 0.01%             | 2047-03-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                         | European Investment Bank                                                         | CUSIP: 298785JN7<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |      5000 | PA      | $4238.45      | 0.00%             | 2031-05-13      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810SX7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3000000 | PA      | $2231250.00   | 0.29%             | 2051-05-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                     | Comcast Corp                                                                     | CUSIP: 20030NDM0<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    200000 | PA      | $163140.00    | 0.02%             | 2031-01-15      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| Applied Materials Inc                            | Applied Materials Inc                                                            | CUSIP: 038222AM7<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | DBT              | CORP              | US        |     37000 | PA      | $34409.63     | 0.00%             | 2047-04-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| WW Grainger Inc                                  | WW Grainger Inc                                                                  | CUSIP: 384802AB0<br>LEI: 549300TWZSP6O1IH2V34 | Long             | DBT              | CORP              | US        |     12000 | PA      | $11226.00     | 0.00%             | 2045-06-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| BRANDYWINE OPER PARTNERS                         | Brandywine Operating Partnership LP                                              | CUSIP: 105340AN3<br>LEI: IXBXSCONLDQ1ZI73YU71 | Long             | DBT              |  | US        |     50000 | PA      | $48348.00     | 0.01%             | 2024-10-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Booking Holdings Inc                             | Booking Holdings Inc                                                             | CUSIP: 741503BC9<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | DBT              | CORP              | US        |    165000 | PA      | $154836.00    | 0.02%             | 2028-03-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RBA4<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9021.20      | 0.00%             | 2027-01-26      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                              | Travel + Leisure Co                                                              | CUSIP: 98310WAN8<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28413.30     | 0.00%             | 2027-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                   | Home Depot Inc/The                                                               | CUSIP: 437076BX9<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    135000 | PA      | $125481.15    | 0.02%             | 2048-12-06      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Standard Chartered PLC                           | Standard Chartered PLC                                                           | CUSIP: 853254BK5<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    165000 | PA      | $145411.20    | 0.02%             | 2033-03-15      | Fixed         | 4.87%                 | No            |                  2 | On Loan: —       |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179VSF8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    173053 | PA      | $147909.18    | 0.02%             | 2050-08-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| AUTODESK INC                                     | Autodesk Inc                                                                     | CUSIP: 052769AH9<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | DBT              | CORP              | US        |     50000 | PA      | $40618.50     | 0.01%             | 2031-12-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                          | John Deere Capital Corp                                                          | CUSIP: 24422EVW6<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8892.20      | 0.00%             | 2026-10-13      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| HEALTHPEAK PROPERTIES                            | Healthpeak Properties Inc                                                        | CUSIP: 40414LAE9<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | DBT              |  | US        |     54000 | PA      | $56939.22     | 0.01%             | 2041-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| QNB Finance Ltd                                  | QNB Finance Ltd                                                                  | CUSIP: 000000000<br>LEI: 549300MY0DXTHQEX5O57 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $195788.00    | 0.03%             | 2024-03-28      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CFK2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3000000 | PA      | $2952187.50   | 0.39%             | 2025-09-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TRANSMANTARO                                     | Consorcio Transmantaro SA                                                        | CUSIP: 000000000<br>LEI: 549300NL65DC6HVEJX96 | Long             | DBT              | CORP              | PE        |    200000 | PA      | $181272.00    | 0.02%             | 2034-04-16      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC                             | Keurig Dr Pepper Inc                                                             | CUSIP: 49271VAP5<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28319.40     | 0.00%             | 2029-04-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| American Express Co                              | American Express Co                                                              | CUSIP: 025816CC1<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    120000 | PA      | $118014.00    | 0.02%             | 2024-02-22      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                               | BMW US Capital LLC                                                               | CUSIP: 05565EBS3<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |    100000 | PA      | $83887.00     | 0.01%             | 2031-04-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QNQJ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    969757 | PA      | $796905.25    | 0.10%             | 2052-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Ventas Realty LP                                 | Ventas Realty LP                                                                 | CUSIP: 92277GAB3<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              |  | US        |     25000 | PA      | $23105.75     | 0.00%             | 2043-09-30      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                          | Dell International LLC / EMC Corp                                                | CUSIP: 24703DBG5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    105000 | PA      | $67848.90     | 0.01%             | 2051-12-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| INGREDION INC                                    | Ingredion Inc                                                                    | CUSIP: 457187AC6<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | DBT              | CORP              | US        |     55000 | PA      | $47160.85     | 0.01%             | 2030-06-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Block Financial LLC                              | Block Financial LLC                                                              | CUSIP: 093662AG9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     25000 | PA      | $24914.00     | 0.00%             | 2025-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RAD9<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    120000 | PA      | $113973.60    | 0.01%             | 2027-05-16      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Comerica Inc                                     | Comerica Inc                                                                     | CUSIP: 200340AT4<br>LEI: I9Q57JVPWHHZ3ZGBW498 | Long             | DBT              | CORP              | US        |    130000 | PA      | $122582.20    | 0.02%             | 2029-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kimberly-Clark Corp                              | Kimberly-Clark Corp                                                              | CUSIP: 494368BU6<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18966.40     | 0.00%             | 2026-02-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VCQ5<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     97000 | PA      | $89656.13     | 0.01%             | 2034-11-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                                        | Block Inc                                                                        | CUSIP: 852234AN3<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |     80000 | PA      | $71012.00     | 0.01%             | 2026-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: —       |
| BEAZER HOMES USA                                 | Beazer Homes USA Inc                                                             | CUSIP: 07556QBT1<br>LEI: 549300DUPYT2T0F60I45 | Long             | DBT              | CORP              | US        |     25000 | PA      | $22079.25     | 0.00%             | 2029-10-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| MASONITE INTERNATIONAL C                         | Masonite International Corp                                                      | CUSIP: 575385AE9<br>LEI: 549300H0H07ZFT4JYM32 | Long             | DBT              | CORP              | CA        |     25000 | PA      | $19569.75     | 0.00%             | 2030-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ENERSYS                                          | EnerSys                                                                          | CUSIP: 29275YAC6<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | DBT              | CORP              | US        |     40000 | PA      | $35678.40     | 0.00%             | 2027-12-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                         | Lloyds Banking Group PLC                                                         | CUSIP: 539439AV1<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    340000 | PA      | $314387.80    | 0.04%             | 2026-02-05      | Fixed         | 2.44%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                      | Prologis LP                                                                      | CUSIP: 74340XBZ3<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |     74000 | PA      | $59037.94     | 0.01%             | 2030-07-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CAE1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2050000 | PA      | $1638078.13   | 0.21%             | 2030-08-15      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| SVB FINANCIAL GROUP                              | SVB Financial Group                                                              | CUSIP: 78486QAH4<br>LEI: 549300D2KJ20JMXE7542 | Long             | DBT              | CORP              | US        |     55000 | PA      | $45098.35     | 0.01%             | 2028-05-15      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KLEZ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    104306 | PA      | $86049.13     | 0.01%             | 2051-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DMKG9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    928819 | PA      | $839989.19    | 0.11%             | 2049-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TEXAS INSTRUMENTS INC                            | Texas Instruments Inc                                                            | CUSIP: 882508BJ2<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |     98000 | PA      | $81461.52     | 0.01%             | 2030-05-04      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| State Street Corp                                | State Street Corp                                                                | CUSIP: 857477AW3<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |     90000 | PA      | $85031.10     | 0.01%             | 2026-05-19      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| STEEL DYNAMICS INC                               | Steel Dynamics Inc                                                               | CUSIP: 858119BJ8<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | DBT              | CORP              | US        |     45000 | PA      | $42863.85     | 0.01%             | 2024-12-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Humana Inc                                       | Humana Inc                                                                       | CUSIP: 444859BE1<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |     75000 | PA      | $69445.50     | 0.01%             | 2044-10-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| American Express Co                              | American Express Co                                                              | CUSIP: 025816CF4<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |     95000 | PA      | $89997.30     | 0.01%             | 2026-05-20      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| AFFILIATED MANAGERS GROU                         | Affiliated Managers Group Inc                                                    | CUSIP: 008252AM0<br>LEI: 2JE75BUE3T1BLCYYGK54 | Long             | DBT              | CORP              | US        |     80000 | PA      | $79224.00     | 0.01%             | 2024-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BLDG SOCIETY                          | Nationwide Building Society                                                      | CUSIP: 63859UBG7<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |    140000 | PA      | $132682.20    | 0.02%             | 2024-01-22      | Fixed         | 0.55%                 | No            |                  2 | On Loan: No      |
| Chubb INA Holdings Inc                           | Chubb INA Holdings Inc                                                           | CUSIP: 00440EAV9<br>LEI: CZCBJZWDMLTHWJDXU843 | Long             | DBT              | CORP              | US        |    215000 | PA      | $208089.90    | 0.03%             | 2026-05-03      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF COLOMBIA                             | Colombia Government International Bond                                           | CUSIP: 195325EA9<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    200000 | PA      | $124466.00    | 0.02%             | 2042-02-22      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Republic of Panama                               | Panama Government International Bond                                             | CUSIP: 698299BG8<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    400000 | PA      | $315876.00    | 0.04%             | 2047-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TRANE TECHNOLOGIES LUX                           | Trane Technologies Luxembourg Finance SA                                         | CUSIP: 456873AB4<br>LEI: 549300GHBOWCVY92IS29 | Long             | DBT              | CORP              | LU        |     60000 | PA      | $58529.40     | 0.01%             | 2024-11-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822BK9<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $163848.00    | 0.02%             | 2039-07-18      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| STANLEY BLACK & DECKER I                         | Stanley Black & Decker Inc                                                       | CUSIP: 854502AL5<br>LEI: 549300DJ09SMTO561131 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16751.20     | 0.00%             | 2030-03-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DV3U7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    437665 | PA      | $404889.08    | 0.05%             | 2049-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AMCOR FLEXIBLES NORTH AM                         | Amcor Flexibles North America Inc                                                | CUSIP: 02344AAA6<br>LEI: PTVU09TE3QPJPL7K4E13 | Long             | DBT              | CORP              | US        |     52000 | PA      | $42238.04     | 0.01%             | 2031-05-25      | Fixed         | 2.69%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                     | Centene Corp                                                                     | CUSIP: 15135BAZ4<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    100000 | PA      | $79238.00     | 0.01%             | 2031-08-01      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| CELLNEX FINANCE                                  | Cellnex Finance Co SA                                                            | CUSIP: 15118JAA3<br>LEI: 549300OUROMFTRFA7T23 | Long             | DBT              | CORP              | ES        |     50000 | PA      | $34972.00     | 0.00%             | 2041-07-07      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| HANA BANK                                        | Hana Bank                                                                        | CUSIP: 000000000<br>LEI: 6RPK2YDJN6L35AS0M510 | Long             | DBT              | CORP              | KR        |    200000 | PA      | $171648.00    | 0.02%             | 2026-12-16      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| PARK INTERMED HOLDINGS                           | Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer | CUSIP: 70052LAC7<br>LEI: N/A                  | Long             | DBT              |  | US        |     50000 | PA      | $42750.50     | 0.01%             | 2029-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ERP Operating LP                                 | ERP Operating LP                                                                 | CUSIP: 26884ABG7<br>LEI: DX5HQV5MLU50FEWZ5072 | Long             | DBT              | CORP              | US        |    122000 | PA      | $112496.20    | 0.01%             | 2027-08-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 31418DQ70<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    275128 | PA      | $227508.08    | 0.03%             | 2050-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                          | Inter-American Development Bank                                                  | CUSIP: 4581X0DK1<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    100000 | PA      | $94595.00     | 0.01%             | 2025-03-14      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| WP CAREY INC                                     | WP Carey Inc                                                                     | CUSIP: 92936UAG4<br>LEI: 54930042CRNE713E3Q67 | Long             | DBT              |  | US        |     30000 | PA      | $24035.10     | 0.00%             | 2031-02-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| HCA Inc                                          | HCA Inc                                                                          | CUSIP: 404119BR9<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199716.00    | 0.03%             | 2025-02-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| XHR LP                                           | XHR LP                                                                           | CUSIP: 98372MAA3<br>LEI: 549300M88BPT83ZL2164 | Long             | DBT              |  | US        |     35000 | PA      | $34312.60     | 0.00%             | 2025-08-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                              | Elevance Health Inc                                                              | CUSIP: 036752AP8<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    210000 | PA      | $177401.70    | 0.02%             | 2031-03-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| GENERAL MILLS INC                                | General Mills Inc                                                                | CUSIP: 370334CL6<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |     75000 | PA      | $65859.75     | 0.01%             | 2030-04-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| HERTZ CORP/THE                                   | Hertz Corp/The                                                                   | CUSIP: 428040DA4<br>LEI: 549300PD0C69OJ0NLB27 | Long             | DBT              | CORP              | US        |     45000 | PA      | $39064.05     | 0.01%             | 2026-12-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                   | Morgan Stanley                                                                   | CUSIP: 61772BAC7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     35000 | PA      | $26388.25     | 0.00%             | 2042-04-22      | Fixed         | 3.22%                 | No            |                  2 | On Loan: No      |
| Ally Financial Inc                               | Ally Financial Inc                                                               | CUSIP: 02005NAV2<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    165000 | PA      | $163732.80    | 0.02%             | 2024-09-30      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                      | Equinix Inc                                                                      | CUSIP: 29444UBD7<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              |  | US        |     79000 | PA      | $72286.58     | 0.01%             | 2026-11-18      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FUNDING LLC                           | NXP BV / NXP Funding LLC                                                         | CUSIP: 62947QBB3<br>LEI: 724500RKKW4NOJ9YQF60 | Long             | DBT              | CORP              | XX        |     40000 | PA      | $39882.00     | 0.01%             | 2026-03-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| US Bancorp                                       | US Bancorp                                                                       | CUSIP: 91159HHR4<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    170000 | PA      | $160707.80    | 0.02%             | 2027-04-27      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                               | Realty Income Corp                                                               | CUSIP: 756109BJ2<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |     45000 | PA      | $38734.65     | 0.01%             | 2028-06-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| STATE OF QATAR                                   | Qatar Government International Bond                                              | CUSIP: 000000000<br>LEI: 52990074F6OJOAXK4P65 | Long             | DBT              | NUSS              | QA        |    200000 | PA      | $193362.00    | 0.03%             | 2030-04-16      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| eBay Inc                                         | eBay Inc                                                                         | CUSIP: 278642AF0<br>LEI: OML71K8X303XQONU6T67 | Long             | DBT              | CORP              | US        |     81000 | PA      | $64851.84     | 0.01%             | 2042-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MBP4<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     50000 | PA      | $43577.00     | 0.01%             | 2029-07-16      | Fixed         | 3.04%                 | No            |                  2 | On Loan: No      |
| BRITISH COLUMBIA PROV OF                         | Province of British Columbia Canada                                              | CUSIP: 11070TAK4<br>LEI: 54930058TO7MEKUHWL16 | Long             | DBT              | NUSS              | CA        |     30000 | PA      | $28030.80     | 0.00%             | 2026-06-02      | Fixed         | 2.25%                 | No            |                  2 | On Loan: —       |
| GATX CORP                                        | GATX Corp                                                                        | CUSIP: 361448BF9<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |     50000 | PA      | $44903.50     | 0.01%             | 2030-06-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ENVIVA PARTNERS LP/FIN C                         | Enviva Partners LP / Enviva Partners Finance Corp                                | CUSIP: 29413XAD9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     60000 | PA      | $57357.60     | 0.01%             | 2026-01-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PROGRESSIVE CORP                                 | Progressive Corp/The                                                             | CUSIP: 743315AV5<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |     27000 | PA      | $26130.60     | 0.00%             | 2029-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DANA INC                                         | Dana Inc                                                                         | CUSIP: 235825AJ5<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |     26000 | PA      | $20561.84     | 0.00%             | 2032-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FORTINET INC                                     | Fortinet Inc                                                                     | CUSIP: 34959EAB5<br>LEI: 549300O0QJWDBAS0QX03 | Long             | DBT              | CORP              | US        |     67000 | PA      | $52379.93     | 0.01%             | 2031-03-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QNW65<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    950545 | PA      | $840928.83    | 0.11%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FMG RESOURCES AUG 2006                           | FMG Resources August 2006 Pty Ltd                                                | CUSIP: 30251GBE6<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |     60000 | PA      | $55046.40     | 0.01%             | 2032-04-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| CNH Industrial NV                                | CNH Industrial NV                                                                | CUSIP: 12594KAB8<br>LEI: 549300WGC2HZ5J67V817 | Long             | DBT              | CORP              | NL        |    109000 | PA      | $102206.03    | 0.01%             | 2027-11-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                         | National Rural Utilities Cooperative Finance Corp                                | CUSIP: 637432NK7<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |     40000 | PA      | $35861.60     | 0.00%             | 2046-04-20      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| US Bancorp                                       | US Bancorp                                                                       | CUSIP: 91159HHK9<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    225000 | PA      | $221287.50    | 0.03%             | 2024-09-11      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| DNB BANK ASA                                     | DNB Bank ASA                                                                     | CUSIP: 23329PAF7<br>LEI: 549300GKFG0RYRRQ1414 | Long             | DBT              | CORP              | NO        |    250000 | PA      | $220092.50    | 0.03%             | 2026-09-16      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| SYNCHRONY FINANCIAL                              | Synchrony Financial                                                              | CUSIP: 87165BAR4<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |     55000 | PA      | $41660.30     | 0.01%             | 2031-10-28      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| LANDWIRTSCH. RENTENBANK                          | Landwirtschaftliche Rentenbank                                                   | CUSIP: 515110BP8<br>LEI: 529900Z3J0N6S0F7CT25 | Long             | DBT              | CORP              | DE        |    105000 | PA      | $100313.85    | 0.01%             | 2025-06-10      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                        | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F0406C6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1625000 | PA      | $1536577.14   | 0.20%             | 2052-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Willis North America Inc                         | Willis North America Inc                                                         | CUSIP: 970648AF8<br>LEI: 5493004KVU1HWZCP0C66 | Long             | DBT              | CORP              | US        |    105000 | PA      | $102109.35    | 0.01%             | 2024-05-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| TRANSURBAN FINANCE CO                            | Transurban Finance Co Pty Ltd                                                    | CUSIP: 89400PAE3<br>LEI: 54930081LPJMUMEA6E57 | Long             | DBT              | CORP              | AU        |     37000 | PA      | $35568.47     | 0.00%             | 2026-02-02      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VFW9<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    290000 | PA      | $183552.60    | 0.02%             | 2056-10-30      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| Kimco Realty Corp                                | Kimco Realty Corp                                                                | CUSIP: 49446RAP4<br>LEI: 549300EA7I6T15IBYS12 | Long             | DBT              | CORP              | US        |     19000 | PA      | $17486.46     | 0.00%             | 2026-10-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 9128283J7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    450000 | PA      | $430998.05    | 0.06%             | 2024-11-30      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                 | Coca-Cola Co/The                                                                 | CUSIP: 191216DL1<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |     30000 | PA      | $22551.60     | 0.00%             | 2051-03-05      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| STATE OF QATAR                                   | Qatar Government International Bond                                              | CUSIP: 74727PAR2<br>LEI: 52990074F6OJOAXK4P65 | Long             | DBT              | NUSS              | QA        |    200000 | PA      | $218586.00    | 0.03%             | 2042-01-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CDW LLC/CDW FINANCE                              | CDW LLC / CDW Finance Corp                                                       | CUSIP: 12513GBE8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     25000 | PA      | $24002.50     | 0.00%             | 2025-05-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| DEVELOPMENT BK OF JAPAN                          | Development Bank of Japan Inc                                                    | CUSIP: 25159MBF3<br>LEI: 5493001HGBABMWFZUI25 | Long             | DBT              | NUSS              | JP        |    200000 | PA      | $188044.00    | 0.02%             | 2025-02-18      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                              | Elevance Health Inc                                                              | CUSIP: 94973VAN7<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10843.50     | 0.00%             | 2037-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| NEWCREST FINANCE PTY LTD                         | Newcrest Finance Pty Ltd                                                         | CUSIP: 65120FAD6<br>LEI: 549300I0XDZ4K7PDSS04 | Long             | DBT              | CORP              | AU        |     85000 | PA      | $71898.10     | 0.01%             | 2030-05-13      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Target Corp                                      | Target Corp                                                                      | CUSIP: 87612EBD7<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4918.30      | 0.00%             | 2024-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| LAND NORDRHEIN-WESTFALEN                         | State of North Rhine-Westphalia Germany                                          | CUSIP: 000000000<br>LEI: 529900VWPV1LPOHGJ702 | Long             | DBT              | NUSS              | DE        |    100000 | PA      | $89716.00     | 0.01%             | 2026-04-21      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179V4V9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    200721 | PA      | $176927.55    | 0.02%             | 2051-01-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Legg Mason Inc                                   | Legg Mason Inc                                                                   | CUSIP: 524901AR6<br>LEI: OWUNCC6U1ZJXMZKFBJ36 | Long             | DBT              | CORP              | US        |     64000 | PA      | $63824.00     | 0.01%             | 2044-01-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| BRUNSWICK CORP                                   | Brunswick Corp/DE                                                                | CUSIP: 117043AT6<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | DBT              | CORP              | US        |     25000 | PA      | $18303.75     | 0.00%             | 2031-08-18      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                      | Equinix Inc                                                                      | CUSIP: 29444UBG0<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              |  | US        |    120000 | PA      | $103296.00    | 0.01%             | 2027-07-15      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133GF3W3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     91941 | PA      | $82595.06     | 0.01%             | 2036-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| VENTAS REALTY LP                                 | Ventas Realty LP                                                                 | CUSIP: 92277GAW7<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              | CORP              | US        |     40000 | PA      | $31542.00     | 0.00%             | 2031-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SVENSKA HANDELSBANKEN AB                         | Svenska Handelsbanken AB                                                         | CUSIP: 86959LAH6<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | DBT              | CORP              | SE        |    225000 | PA      | $197698.50    | 0.03%             | 2027-06-11      | Fixed         | 1.42%                 | No            |                  2 | On Loan: No      |
| Kimberly-Clark Corp                              | Kimberly-Clark Corp                                                              | CUSIP: 494368BW2<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | DBT              | CORP              | US        |     25000 | PA      | $21010.00     | 0.00%             | 2047-05-04      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| DBS GROUP HOLDINGS LTD                           | DBS Group Holdings Ltd                                                           | CUSIP: 000000000<br>LEI: 5493007FKT78NKPM5V55 | Long             | DBT              | CORP              | SG        |    200000 | PA      | $177146.00    | 0.02%             | 2031-03-10      | Fixed         | 1.82%                 | No            |                  2 | On Loan: No      |
| Best Buy Co Inc                                  | Best Buy Co Inc                                                                  | CUSIP: 08652BAA7<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | DBT              | CORP              | US        |     45000 | PA      | $43523.55     | 0.01%             | 2028-10-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                         | European Investment Bank                                                         | CUSIP: 298785JL1<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |     60000 | PA      | $49516.20     | 0.01%             | 2031-02-14      | Fixed         | 1.25%                 | No            |                  2 | On Loan: —       |
| TSMC GLOBAL LTD                                  | TSMC Global Ltd                                                                  | CUSIP: 000000000<br>LEI: 549300N2ZLI21P85T117 | Long             | DBT              | CORP              | VG        |    200000 | PA      | $166852.00    | 0.02%             | 2027-09-28      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                         | Intercontinental Exchange Inc                                                    | CUSIP: 45866FAN4<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |     90000 | PA      | $69157.80     | 0.01%             | 2032-09-15      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| TARGET CORP                                      | Target Corp                                                                      | CUSIP: 87612EBJ4<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |     40000 | PA      | $34276.80     | 0.00%             | 2030-02-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| CDW LLC/CDW FINANCE                              | CDW LLC / CDW Finance Corp                                                       | CUSIP: 12513GBD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     80000 | PA      | $72247.20     | 0.01%             | 2028-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Kimberly-Clark Corp                              | Kimberly-Clark Corp                                                              | CUSIP: 494368BV4<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | DBT              | CORP              | US        |     60000 | PA      | $44176.80     | 0.01%             | 2046-07-30      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR INC                                  | Caterpillar Inc                                                                  | CUSIP: 149123CH2<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |     49000 | PA      | $43056.79     | 0.01%             | 2030-04-09      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140GQ6T8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     10991 | PA      | $10242.57     | 0.00%             | 2047-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133AAKC5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    190063 | PA      | $157077.18    | 0.02%             | 2050-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661EF0<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    100000 | PA      | $80864.00     | 0.01%             | 2062-04-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| EUROPEAN BK RECON & DEV                          | European Bank for Reconstruction & Development                                   | CUSIP: 29874QEM2<br>LEI: 549300HTGDOVDU6OGK19 | Long             | DBT              | NUSS              | XX        |    285000 | PA      | $254168.70    | 0.03%             | 2026-01-28      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| CDW LLC/CDW FINANCE                              | CDW LLC / CDW Finance Corp                                                       | CUSIP: 12513GBH1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     60000 | PA      | $50491.20     | 0.01%             | 2028-12-01      | Fixed         | 3.28%                 | No            |                  2 | On Loan: No      |
| WILLIS NORTH AMERICA INC                         | Willis North America Inc                                                         | CUSIP: 970648AJ0<br>LEI: 5493004KVU1HWZCP0C66 | Long             | DBT              | CORP              | US        |     73000 | PA      | $61917.87     | 0.01%             | 2029-09-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| PAYPAL HOLDINGS INC                              | PayPal Holdings Inc                                                              | CUSIP: 70450YAL7<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |    160000 | PA      | $152448.00    | 0.02%             | 2032-06-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| FMS Wertmanagement                               | FMS Wertmanagement                                                               | CUSIP: 30254WAP4<br>LEI: HZFDOR6TCRSIQLKQTX32 | Long             | DBT              | CORP              | DE        |    215000 | PA      | $210199.05    | 0.03%             | 2024-01-30      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| MICROCHIP TECHNOLOGY INC                         | Microchip Technology Inc                                                         | CUSIP: 595017BA1<br>LEI: 5493007PTFULNYZJ1R12 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29139.30     | 0.00%             | 2025-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810RM2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    990000 | PA      | $833920.31    | 0.11%             | 2045-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                            | Micron Technology Inc                                                            | CUSIP: 595112BS1<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |     10000 | PA      | $7747.20      | 0.00%             | 2032-04-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Cooperatieve Rabobank UA                         | Cooperatieve Rabobank UA                                                         | CUSIP: 21684AAD8<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |     20000 | PA      | $18110.20     | 0.00%             | 2045-08-04      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ARGENTINA                            | Argentine Republic Government International Bond                                 | CUSIP: 040114HW3<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |    115000 | PA      | $28455.60     | 0.00%             | 2046-07-09      | Variable      | 1.50%                 | No            |                  2 | On Loan: No      |
| COUNCIL OF EUROPE                                | Council Of Europe Development Bank                                               | CUSIP: 222213AX8<br>LEI: 549300UYNXMI821WYG82 | Long             | DBT              | NUSS              | XX        |     85000 | PA      | $79880.45     | 0.01%             | 2024-06-10      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| ADVANCED DRAINAGE SYSTEM                         | Advanced Drainage Systems Inc                                                    | CUSIP: 00790RAA2<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | DBT              | CORP              | US        |     25000 | PA      | $23297.25     | 0.00%             | 2027-09-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                           | Brazilian Government International Bond                                          | CUSIP: 105756BB5<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    110000 | PA      | $125427.50    | 0.02%             | 2034-01-20      | Fixed         | 8.25%                 | No            |                  2 | On Loan: —       |
| EMIRATES NBD BANK PJSC                           | Emirates NBD Bank PJSC                                                           | CUSIP: 000000000<br>LEI: 54930029BCN8HF3B1286 | Long             | DBT              | CORP              | AE        |    200000 | PA      | $193232.00    | 0.03%             | 2026-04-09      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| US Bancorp                                       | US Bancorp                                                                       | CUSIP: 91159HHG8<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14824.20     | 0.00%             | 2024-01-30      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                              | Global Payments Inc                                                              | CUSIP: 37940XAB8<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    200000 | PA      | $171262.00    | 0.02%             | 2029-08-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                           | Brazilian Government International Bond                                          | CUSIP: 105756BF6<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    100000 | PA      | $107840.00    | 0.01%             | 2025-02-04      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MCH1<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     25000 | PA      | $21808.00     | 0.00%             | 2026-09-17      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| RAYMOND JAMES FINANCIAL                          | Raymond James Financial Inc                                                      | CUSIP: 754730AF6<br>LEI: RGUZHJ05YTITL6D76949 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18195.20     | 0.00%             | 2046-07-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                     | Comcast Corp                                                                     | CUSIP: 20030NCN9<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     50000 | PA      | $46747.00     | 0.01%             | 2058-10-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                            | Toronto-Dominion Bank/The                                                        | CUSIP: 89114QCA4<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    280000 | PA      | $270620.00    | 0.04%             | 2024-06-12      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BLDG SOCIETY                          | Nationwide Building Society                                                      | CUSIP: 63861VAB3<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |    205000 | PA      | $185557.80    | 0.02%             | 2029-03-08      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XBJE1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1391993 | PA      | $1335892.52   | 0.17%             | 2051-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XG3S6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     85671 | PA      | $76878.85     | 0.01%             | 2037-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| LENNOX INTERNATIONAL INC                         | Lennox International Inc                                                         | CUSIP: 526107AE7<br>LEI: S7DWAC87RDMPBF77GJ92 | Long             | DBT              | CORP              | US        |    194000 | PA      | $175802.80    | 0.02%             | 2025-08-01      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QGV61<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     59244 | PA      | $53302.77     | 0.01%             | 2036-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Kinross Gold Corp                                | Kinross Gold Corp                                                                | CUSIP: 496902AN7<br>LEI: 549300UEBMAQDN0K0R06 | Long             | DBT              | CORP              | CA        |     45000 | PA      | $45191.25     | 0.01%             | 2024-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| PPG INDUSTRIES INC                               | PPG Industries Inc                                                               | CUSIP: 693506BQ9<br>LEI: 549300BKPEP01R3V6C59 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14355.30     | 0.00%             | 2024-08-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                 | Coca-Cola Co/The                                                                 | CUSIP: 191216DE7<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |    108000 | PA      | $85515.48     | 0.01%             | 2031-03-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Air Lease Corp                                   | Air Lease Corp                                                                   | CUSIP: 00912XAN4<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4919.65      | 0.00%             | 2024-09-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS                         | Discovery Communications LLC                                                     | CUSIP: 25470DAR0<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |    172000 | PA      | $154590.16    | 0.02%             | 2028-03-20      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| SVB FINANCIAL GROUP                              | SVB Financial Group                                                              | CUSIP: 78486QAE1<br>LEI: 549300D2KJ20JMXE7542 | Long             | DBT              | CORP              | US        |    120000 | PA      | $98149.20     | 0.01%             | 2030-06-05      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661DP9<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    125000 | PA      | $117431.25    | 0.02%             | 2027-05-03      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Ventas Realty LP                                 | Ventas Realty LP                                                                 | CUSIP: 92277GAF4<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              |  | US        |     50000 | PA      | $39551.50     | 0.01%             | 2045-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                 | Crown Castle Inc                                                                 | CUSIP: 22822VAQ4<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |     53000 | PA      | $42115.39     | 0.01%             | 2050-07-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| GXO LOGISTICS INC                                | GXO Logistics Inc                                                                | CUSIP: 36262GAD3<br>LEI: 5493007CNWMXN78JRN66 | Long             | DBT              | CORP              | US        |     35000 | PA      | $25969.65     | 0.00%             | 2031-07-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAL9<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    210000 | PA      | $200976.30    | 0.03%             | 2026-04-03      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| DNB BANK ASA                                     | DNB Bank ASA                                                                     | CUSIP: 25601B2A2<br>LEI: 549300GKFG0RYRRQ1414 | Long             | DBT              | CORP              | NO        |    125000 | PA      | $114731.25    | 0.01%             | 2025-09-30      | Fixed         | 0.86%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CREDIT                          | American Express Credit Corp                                                     | CUSIP: 0258M0EL9<br>LEI: 9ET6B8VCXWW51H8Z3M54 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28264.50     | 0.00%             | 2027-05-03      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF CHILE                                | Chile Government International Bond                                              | CUSIP: 168863DL9<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    200000 | PA      | $148752.00    | 0.02%             | 2050-01-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Vodafone Group PLC                               | Vodafone Group PLC                                                               | CUSIP: 92857WBM1<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    229000 | PA      | $206656.47    | 0.03%             | 2048-05-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Kilroy Realty LP                                 | Kilroy Realty LP                                                                 | CUSIP: 49427RAL6<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              |  | US        |     35000 | PA      | $33758.90     | 0.00%             | 2025-10-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                 | Crown Castle Inc                                                                 | CUSIP: 22822VAE1<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |     25000 | PA      | $23893.50     | 0.00%             | 2027-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| American Express Co                              | American Express Co                                                              | CUSIP: 025816BK4<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |     39000 | PA      | $38142.00     | 0.00%             | 2024-12-05      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| AUTODESK INC                                     | Autodesk Inc                                                                     | CUSIP: 052769AG1<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | DBT              | CORP              | US        |     90000 | PA      | $78240.60     | 0.01%             | 2030-01-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CBS9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2550000 | PA      | $2236031.25   | 0.29%             | 2028-03-31      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179XFJ0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    525668 | PA      | $524911.23    | 0.07%             | 2052-09-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO                             | Kraft Heinz Foods Co                                                             | CUSIP: 50077LAZ9<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |    135000 | PA      | $121809.15    | 0.02%             | 2049-10-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| WALGREENS BOOTS ALLIANCE                         | Walgreens Boots Alliance Inc                                                     | CUSIP: 931427AT5<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |     70000 | PA      | $52665.20     | 0.01%             | 2050-04-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179WFJ2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |         0 | PA      | $0.15         | 0.00%             | 2051-05-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140LXDN2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     67648 | PA      | $60704.91     | 0.01%             | 2037-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NVIDIA CORP                                      | NVIDIA Corp                                                                      | CUSIP: 67066GAN4<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | DBT              | CORP              | US        |    117000 | PA      | $95307.03     | 0.01%             | 2031-06-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS                         | Discovery Communications LLC                                                     | CUSIP: 25470DBJ7<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |     99000 | PA      | $83787.66     | 0.01%             | 2030-05-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                      | PepsiCo Inc                                                                      | CUSIP: 713448EU8<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     86000 | PA      | $73320.16     | 0.01%             | 2050-03-19      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| PROSUS NV                                        | Prosus NV                                                                        | CUSIP: 000000000<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $140070.00    | 0.02%             | 2052-01-19      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| CUSHMAN & WAKEFIELD US                           | Cushman & Wakefield US Borrower LLC                                              | CUSIP: 23166MAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $47882.00     | 0.01%             | 2028-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| XYLEM INC                                        | Xylem Inc/NY                                                                     | CUSIP: 98419MAJ9<br>LEI: 549300DF5MV96DRYLQ48 | Long             | DBT              | CORP              | US        |     60000 | PA      | $56590.20     | 0.01%             | 2026-11-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| MARVELL TECHNOLOGY INC                           | Marvell Technology Inc                                                           | CUSIP: 573874AJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     77000 | PA      | $62991.39     | 0.01%             | 2031-04-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL LFE GLB FND II                         | Principal Life Global Funding II                                                 | CUSIP: 74256LBJ7<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |     95000 | PA      | $89766.45     | 0.01%             | 2024-11-21      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| ADVANCE AUTO PARTS                               | Advance Auto Parts Inc                                                           | CUSIP: 00751YAG1<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |     15000 | PA      | $12480.15     | 0.00%             | 2032-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NRW.BANK                                         | NRW Bank                                                                         | CUSIP: 000000000<br>LEI: 52990002O5KK6XOGJ020 | Long             | DBT              | CORP              | DE        |    189000 | PA      | $180791.73    | 0.02%             | 2024-07-31      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| GREAT-WEST LIFECO FIN 18                         | Great-West Lifeco Finance 2018 LP                                                | CUSIP: 39138QAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $4199.50      | 0.00%             | 2048-05-17      | Fixed         | 4.58%                 | No            |                  2 | On Loan: No      |
| CANADA GOVERNMENT                                | Canada Government International Bond                                             | CUSIP: 135087K78<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |    490000 | PA      | $464255.40    | 0.06%             | 2025-01-22      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| Clearwater Paper Corp                            | Clearwater Paper Corp                                                            | CUSIP: 18538RAH6<br>LEI: 549300HCVV19GXN4P292 | Long             | DBT              | CORP              | US        |     21000 | PA      | $20404.86     | 0.00%             | 2025-02-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                   | Microsoft Corp                                                                   | CUSIP: 594918BR4<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    510000 | PA      | $479721.30    | 0.06%             | 2026-08-08      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| CARLISLE COS INC                                 | Carlisle Cos Inc                                                                 | CUSIP: 142339AJ9<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | DBT              | CORP              | US        |    102000 | PA      | $85503.54     | 0.01%             | 2030-03-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| CAMELOT FINANCE SA                               | Camelot Finance SA                                                               | CUSIP: 13323AAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |     50000 | PA      | $47426.00     | 0.01%             | 2026-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                           | PNC Financial Services Group Inc/The                                             | CUSIP: 693475AY1<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    160000 | PA      | $152486.40    | 0.02%             | 2024-11-01      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                      | Prologis LP                                                                      | CUSIP: 74340XBP5<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |     27000 | PA      | $18521.46     | 0.00%             | 2050-04-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                           | NXP BV / NXP Funding LLC / NXP USA Inc                                           | CUSIP: 62954HAW8<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |     72000 | PA      | $67487.76     | 0.01%             | 2025-05-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DMT96<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     94686 | PA      | $80852.42     | 0.01%             | 2051-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                          | International Bank for Reconstruction & Development                              | CUSIP: 459058JN4<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    184000 | PA      | $157559.20    | 0.02%             | 2027-11-24      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Hubbell Inc                                      | Hubbell Inc                                                                      | CUSIP: 443510AG7<br>LEI: 54930088VDQ6840Y6597 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19130.60     | 0.00%             | 2026-03-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS                         | Discovery Communications LLC                                                     | CUSIP: 25470DAT6<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |    132000 | PA      | $102645.84    | 0.01%             | 2047-09-20      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                          | Oncor Electric Delivery Co LLC                                                   | CUSIP: 68233JCJ1<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49451.50     | 0.01%             | 2032-09-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                            | Truist Financial Corp                                                            | CUSIP: 867914BS1<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49135.50     | 0.01%             | 2025-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KK7E3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    104211 | PA      | $86060.24     | 0.01%             | 2051-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Autodesk Inc                                     | Autodesk Inc                                                                     | CUSIP: 052769AD8<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | DBT              | CORP              | US        |     27000 | PA      | $26735.94     | 0.00%             | 2025-06-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Eaton Corp                                       | Eaton Corp                                                                       | CUSIP: 278062AE4<br>LEI: 0NZWDMRCE180888QQE14 | Long             | DBT              | CORP              | US        |    121000 | PA      | $105919.77    | 0.01%             | 2042-11-02      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| WINNEBAGO INDUSTRIES                             | Winnebago Industries Inc                                                         | CUSIP: 974637AC4<br>LEI: 549300B7OYKYJLTE3G11 | Long             | DBT              | CORP              | US        |     35000 | PA      | $32408.95     | 0.00%             | 2028-07-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912828D56<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2000000 | PA      | $1929609.38   | 0.25%             | 2024-08-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| AMERICAN WATER CAPITAL C                         | American Water Capital Corp                                                      | CUSIP: 03040WAP0<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |     45000 | PA      | $35858.70     | 0.00%             | 2046-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TRIUMPH GROUP INC                                | Triumph Group Inc                                                                | CUSIP: 896818AS0<br>LEI: 5493007L6S47Q14SL582 | Long             | DBT              | CORP              | US        |     59000 | PA      | $60748.17     | 0.01%             | 2024-06-01      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc                         | Prudential Financial Inc                                                         | CUSIP: 744320BF8<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    125000 | PA      | $116976.25    | 0.02%             | 2048-09-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Applied Materials Inc                            | Applied Materials Inc                                                            | CUSIP: 038222AL9<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | DBT              | CORP              | US        |     67000 | PA      | $64417.15     | 0.01%             | 2027-04-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT HOLDINGS INC                           | Open Text Holdings Inc                                                           | CUSIP: 683720AC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     52000 | PA      | $40972.88     | 0.01%             | 2031-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Republic of Chile                                | Chile Government International Bond                                              | CUSIP: 168863BP2<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    200000 | PA      | $156148.00    | 0.02%             | 2042-10-30      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust           | Santander Drive Auto Receivables Trust 2021-3                                    | CUSIP: 80287EAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    170000 | PA      | $163627.20    | 0.02%             | 2027-09-15      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179WP93<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2158583 | PA      | $1837119.18   | 0.24%             | 2051-10-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QQPZ2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    199377 | PA      | $197141.95    | 0.03%             | 2052-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Truist Bank                                      | Truist Bank                                                                      | CUSIP: 07330MAC1<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |     35000 | PA      | $32683.35     | 0.00%             | 2029-09-17      | Fixed         | 2.64%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                              | Elevance Health Inc                                                              | CUSIP: 94973VBB2<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     85000 | PA      | $78537.45     | 0.01%             | 2043-01-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| TRUIST BANK                                      | Truist Bank                                                                      | CUSIP: 89788KAA4<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |     60000 | PA      | $48759.00     | 0.01%             | 2030-03-11      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132A5H81<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    336059 | PA      | $313182.41    | 0.04%             | 2048-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| VISA INC                                         | Visa Inc                                                                         | CUSIP: 92826CAQ5<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |    152000 | PA      | $95089.68     | 0.01%             | 2050-08-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                     | UBS Group AG                                                                     | CUSIP: 902613AC2<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    205000 | PA      | $177632.50    | 0.02%             | 2027-01-30      | Fixed         | 1.36%                 | No            |                  2 | On Loan: No      |
| Lincoln National Corp                            | Lincoln National Corp                                                            | CUSIP: 534187BH1<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |     51000 | PA      | $47451.93     | 0.01%             | 2028-03-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CEM9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1200000 | PA      | $1137656.26   | 0.15%             | 2029-04-30      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| HOST HOTELS & RESORTS LP                         | Host Hotels & Resorts LP                                                         | CUSIP: 44107TAZ9<br>LEI: FXB7X4WXVA8QPMNOGS12 | Long             | DBT              |  | US        |     32000 | PA      | $26680.32     | 0.00%             | 2030-09-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                        | Amgen Inc                                                                        | CUSIP: 031162BA7<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     75000 | PA      | $81410.25     | 0.01%             | 2039-02-01      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                         | Univision Communications Inc                                                     | CUSIP: 914906AV4<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |     90000 | PA      | $77049.00     | 0.01%             | 2029-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| ROPER TECHNOLOGIES INC                           | Roper Technologies Inc                                                           | CUSIP: 776743AN6<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |     55000 | PA      | $47017.30     | 0.01%             | 2027-09-15      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| Smithfield Foods Inc                             | Smithfield Foods Inc                                                             | CUSIP: 832248BB3<br>LEI: CVTIPZRZJC0JQEZLL598 | Long             | DBT              | CORP              | US        |     66000 | PA      | $61282.98     | 0.01%             | 2029-04-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| AMERICAN TRANSMISSION SY                         | American Transmission Systems Inc                                                | CUSIP: 030288AB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $45976.50     | 0.01%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| REINSURANCE GRP OF AMER                          | Reinsurance Group of America Inc                                                 | CUSIP: 759351AP4<br>LEI: LORM1GNEU1DKEW527V90 | Long             | DBT              | CORP              | US        |     82000 | PA      | $70217.42     | 0.01%             | 2030-06-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| HEALTHPEAK PROPERTIES                            | Healthpeak Properties Inc                                                        | CUSIP: 40414LAQ2<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | DBT              |  | US        |     40000 | PA      | $37843.20     | 0.00%             | 2026-07-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ESTEE LAUDER CO INC                              | Estee Lauder Cos Inc/The                                                         | CUSIP: 29736RAR1<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | DBT              | CORP              | US        |     15000 | PA      | $12172.20     | 0.00%             | 2031-03-15      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ARGENTINA                            | Argentine Republic Government International Bond                                 | CUSIP: 040114HX1<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |     90000 | PA      | $23165.10     | 0.00%             | 2029-07-09      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| CARLYLE HOLDINGS II FIN                          | Carlyle Holdings II Finance LLC                                                  | CUSIP: 14310FAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     35000 | PA      | $31634.40     | 0.00%             | 2043-03-30      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                       | US Bancorp                                                                       | CUSIP: 91159HHX1<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    180000 | PA      | $173786.40    | 0.02%             | 2024-07-30      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| PPL ELECTRIC UTILITIES                           | PPL Electric Utilities Corp                                                      | CUSIP: 69351UAM5<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | DBT              | CORP              | US        |     25000 | PA      | $26920.25     | 0.00%             | 2039-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| NIPPON LIFE INSURANCE                            | Nippon Life Insurance Co                                                         | CUSIP: 654579AF8<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |     15000 | PA      | $13449.00     | 0.00%             | 2047-09-19      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Welltower Inc                                    | Welltower Inc                                                                    | CUSIP: 95040QAF1<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              |  | US        |     30000 | PA      | $25732.20     | 0.00%             | 2048-09-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| COSTA RICA GOVERNMENT                            | Costa Rica Government International Bond                                         | CUSIP: 000000000<br>LEI: 549300S1EK2VN6XVJP58 | Long             | DBT              | NUSS              | CR        |    200000 | PA      | $194312.00    | 0.03%             | 2031-02-19      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| CATERPILLAR INC                                  | Caterpillar Inc                                                                  | CUSIP: 149123CK5<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |     25000 | PA      | $20643.50     | 0.00%             | 2031-03-12      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                              | Elevance Health Inc                                                              | CUSIP: 036752AS2<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    190000 | PA      | $144738.20    | 0.02%             | 2051-03-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| HCA Inc                                          | HCA Inc                                                                          | CUSIP: 404121AJ4<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    130000 | PA      | $129932.40    | 0.02%             | 2028-09-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Visa Inc                                         | Visa Inc                                                                         | CUSIP: 92826CAF9<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |    302000 | PA      | $282708.24    | 0.04%             | 2045-12-14      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Waste Management Inc                             | Waste Management Inc                                                             | CUSIP: 94106LBC2<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |     90000 | PA      | $79300.80     | 0.01%             | 2045-03-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                      | PepsiCo Inc                                                                      | CUSIP: 713448ER5<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     58000 | PA      | $54115.74     | 0.01%             | 2027-03-19      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132D6AD2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    459598 | PA      | $424885.97    | 0.06%             | 2036-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ELECTRONIC ARTS INC                              | Electronic Arts Inc                                                              | CUSIP: 285512AE9<br>LEI: 549300O7A67PUEYKDL45 | Long             | DBT              | CORP              | US        |     70000 | PA      | $56203.00     | 0.01%             | 2031-02-15      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179VZQ6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3331866 | PA      | $2847756.96   | 0.37%             | 2050-12-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| European Investment Bank                         | European Investment Bank                                                         | CUSIP: 298785HD1<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    125000 | PA      | $117192.50    | 0.02%             | 2026-04-13      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| MET LIFE GLOB FUNDING I                          | Metropolitan Life Global Funding I                                               | CUSIP: 59217GGU7<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |     50000 | PA      | $39219.00     | 0.01%             | 2031-01-07      | Fixed         | 1.55%                 | No            |                  2 | On Loan: No      |
| GREAT-WEST LIFECO US FI                          | Great-West Lifeco US Finance 2020 LP                                             | CUSIP: 391399AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    167000 | PA      | $148498.07    | 0.02%             | 2025-08-12      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                   | Air Lease Corp                                                                   | CUSIP: 00914AAQ5<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |     30000 | PA      | $24426.30     | 0.00%             | 2028-09-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| CUMMINS INC                                      | Cummins Inc                                                                      | CUSIP: 231021AT3<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | DBT              | CORP              | US        |     60000 | PA      | $48013.80     | 0.01%             | 2030-09-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                           | Asian Development Bank                                                           | CUSIP: 045167FG3<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    345000 | PA      | $321633.15    | 0.04%             | 2024-10-08      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| Welltower Inc                                    | Welltower Inc                                                                    | CUSIP: 95040QAH7<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              | CORP              | US        |     50000 | PA      | $46362.00     | 0.01%             | 2029-03-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| NIPPON LIFE INSURANCE                            | Nippon Life Insurance Co                                                         | CUSIP: 654579AD3<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |    305000 | PA      | $296697.90    | 0.04%             | 2044-10-16      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| FLEX LTD                                         | Flex Ltd                                                                         | CUSIP: 33938XAB1<br>LEI: 549300EAQH74YHD07T53 | Long             | DBT              | CORP              | SG        |     86000 | PA      | $79917.22     | 0.01%             | 2030-05-12      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                          | International Bank for Reconstruction & Development                              | CUSIP: 459058JW4<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    285000 | PA      | $249434.85    | 0.03%             | 2028-04-20      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Nutrien Ltd                                      | Nutrien Ltd                                                                      | CUSIP: 67077MAT5<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |     55000 | PA      | $52059.70     | 0.01%             | 2029-04-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| ENCOMPASS HEALTH CORP                            | Encompass Health Corp                                                            | CUSIP: 29261AAE0<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |     25000 | PA      | $21584.75     | 0.00%             | 2031-04-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| RYDER SYSTEM INC                                 | Ryder System Inc                                                                 | CUSIP: 78355HKN8<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |     70000 | PA      | $66686.20     | 0.01%             | 2024-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| NORDSTROM INC                                    | Nordstrom Inc                                                                    | CUSIP: 655664AT7<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |     35000 | PA      | $28141.40     | 0.00%             | 2030-04-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ANALOG DEVICES INC                               | Analog Devices Inc                                                               | CUSIP: 032654AU9<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | DBT              | CORP              | US        |     25000 | PA      | $21478.25     | 0.00%             | 2028-10-01      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| HANOVER INSURANCE GROUP                          | Hanover Insurance Group Inc/The                                                  | CUSIP: 410867AF2<br>LEI: JJYR6MFKFF6CF8DBZ078 | Long             | DBT              | CORP              | US        |     80000 | PA      | $79138.40     | 0.01%             | 2026-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BANCO DO BRASIL (CAYMAN)                         | Banco do Brasil SA/Cayman                                                        | CUSIP: 000000000<br>LEI: QE0Q0253K88YAGNPE356 | Long             | DBT              | CORP              | BR        |    200000 | PA      | $195026.00    | 0.03%             | 2025-01-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| TREEHOUSE FOODS INC                              | TreeHouse Foods Inc                                                              | CUSIP: 89469AAD6<br>LEI: 5493007M7EVHE470Q576 | Long             | DBT              | CORP              | US        |     37000 | PA      | $31602.81     | 0.00%             | 2028-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                      | PepsiCo Inc                                                                      | CUSIP: 713448EM6<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     32000 | PA      | $26037.44     | 0.00%             | 2049-07-29      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATL INFO SERV                          | Fidelity National Information Services Inc                                       | CUSIP: 31620MBS4<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |     25000 | PA      | $20994.75     | 0.00%             | 2028-03-01      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Province of Quebec                               | Province of Quebec Canada                                                        | CUSIP: 748148PD9<br>LEI: 549300WN65YFEQH74Y36 | Long             | DBT              | NUSS              | CA        |    163000 | PA      | $167304.83    | 0.02%             | 2024-02-09      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| AutoNation Inc                                   | AutoNation Inc                                                                   | CUSIP: 05329WAN2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     72000 | PA      | $68920.56     | 0.01%             | 2024-11-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| European Investment Bank                         | European Investment Bank                                                         | CUSIP: 298785DV5<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    157000 | PA      | $171086.04    | 0.02%             | 2036-02-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| UBS AG LONDON                                    | UBS AG/London                                                                    | CUSIP: 902674YB0<br>LEI: BFM8T61CT2L1QCEMIK50 | Long             | DBT              | CORP              | CH        |    215000 | PA      | $203192.20    | 0.03%             | 2024-02-09      | Fixed         | 0.45%                 | No            |                  2 | On Loan: No      |
| ELECTRONIC ARTS INC                              | Electronic Arts Inc                                                              | CUSIP: 285512AF6<br>LEI: 549300O7A67PUEYKDL45 | Long             | DBT              | CORP              | US        |     80000 | PA      | $54728.00     | 0.01%             | 2051-02-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| COCA-COLA ICECEK AS                              | Coca-Cola Icecek AS                                                              | CUSIP: 000000000<br>LEI: 789000WT80VVLUWJDK41 | Long             | DBT              | CORP              | TR        |    200000 | PA      | $170236.00    | 0.02%             | 2029-01-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ENCOMPASS HEALTH CORP                            | Encompass Health Corp                                                            | CUSIP: 29261AAA8<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |     62000 | PA      | $55891.76     | 0.01%             | 2028-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QBW20<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    469442 | PA      | $444369.25    | 0.06%             | 2034-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CAM3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1280000 | PA      | $1151600.00   | 0.15%             | 2025-09-30      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VES9<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    169000 | PA      | $159733.73    | 0.02%             | 2029-02-08      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| HCA INC                                          | HCA Inc                                                                          | CUSIP: 404119CE7<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |     55000 | PA      | $48511.10     | 0.01%             | 2029-03-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| MDC HOLDINGS INC                                 | MDC Holdings Inc                                                                 | CUSIP: 552676AT5<br>LEI: 5299005FV4VNV75R8R35 | Long             | DBT              | CORP              | US        |     30000 | PA      | $24274.50     | 0.00%             | 2030-01-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| ISTAR INC                                        | iStar Inc                                                                        | CUSIP: 45031UCG4<br>LEI: QFFLKWYYS3UPWD86E794 | Long             | DBT              |  | US        |     45000 | PA      | $44197.20     | 0.01%             | 2025-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC                              | Sirius XM Radio Inc                                                              | CUSIP: 82967NBJ6<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    170000 | PA      | $150230.70    | 0.02%             | 2028-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GARTNER INC                                      | Gartner Inc                                                                      | CUSIP: 366651AC1<br>LEI: PP55B5R38BFB8O8HH686 | Long             | DBT              | CORP              | US        |     65000 | PA      | $61166.95     | 0.01%             | 2028-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CDJ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2950000 | PA      | $2441585.94   | 0.32%             | 2031-11-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Ally Financial Inc                               | Ally Financial Inc                                                               | CUSIP: 02005NBH2<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    120000 | PA      | $116827.20    | 0.02%             | 2024-05-21      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Ventas Realty LP                                 | Ventas Realty LP                                                                 | CUSIP: 92277GAQ0<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              |  | US        |     32000 | PA      | $27047.36     | 0.00%             | 2049-04-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KP6Y9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    150000 | PA      | $149453.01    | 0.02%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MCCORMICK & CO                                   | McCormick & Co Inc/MD                                                            | CUSIP: 579780AP2<br>LEI: 549300JQQA6MQ4OJP259 | Long             | DBT              | CORP              | US        |     57000 | PA      | $46901.88     | 0.01%             | 2047-08-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                         | European Investment Bank                                                         | CUSIP: 298785JK3<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    245000 | PA      | $216700.05    | 0.03%             | 2026-03-26      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                          | John Deere Capital Corp                                                          | CUSIP: 24422EVB2<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    150000 | PA      | $139476.00    | 0.02%             | 2026-09-14      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CBL4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1015000 | PA      | $841181.25    | 0.11%             | 2031-02-15      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| OPTION CARE HEALTH INC                           | Option Care Health Inc                                                           | CUSIP: 68404LAA0<br>LEI: 549300DI3Q5ACSYJRI17 | Long             | DBT              | CORP              | US        |     40000 | PA      | $34102.80     | 0.00%             | 2029-10-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| INTERPUBLIC GROUP COS                            | Interpublic Group of Cos Inc/The                                                 | CUSIP: 460690BQ2<br>LEI: 5493008IUOJ5VWTRC333 | Long             | DBT              | CORP              | US        |     70000 | PA      | $64505.70     | 0.01%             | 2048-10-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| AIG GLOBAL FUNDING                               | AIG Global Funding                                                               | CUSIP: 00138CAS7<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |     80000 | PA      | $74752.00     | 0.01%             | 2024-06-17      | Fixed         | 0.65%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133L8T39<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     92582 | PA      | $83170.36     | 0.01%             | 2036-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CATALENT PHARMA SOLUTION                         | Catalent Pharma Solutions Inc                                                    | CUSIP: 14879EAK4<br>LEI: 549300HALRZ339MSTH85 | Long             | DBT              | CORP              | US        |     50000 | PA      | $41251.00     | 0.01%             | 2030-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: —       |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133A36A1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     20037 | PA      | $17865.50     | 0.00%             | 2050-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                            | Toronto-Dominion Bank/The                                                        | CUSIP: 89115A2E1<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |     55000 | PA      | $52661.95     | 0.01%             | 2032-06-08      | Fixed         | 4.46%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                          | Inter-American Development Bank                                                  | CUSIP: 4581X0DQ8<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |     70000 | PA      | $59836.70     | 0.01%             | 2027-09-16      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                   | Home Depot Inc/The                                                               | CUSIP: 437076BZ4<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    132000 | PA      | $96638.52     | 0.01%             | 2049-12-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC                             | Keurig Dr Pepper Inc                                                             | CUSIP: 49271VAJ9<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |    105000 | PA      | $92518.65     | 0.01%             | 2030-05-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Iron Mountain Inc                                | Iron Mountain Inc                                                                | CUSIP: 46284VAE1<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |     65000 | PA      | $60816.60     | 0.01%             | 2028-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BRINKER INTERNATIONAL IN                         | Brinker International Inc                                                        | CUSIP: 109641AH3<br>LEI: 52990067JY6PBGJNTG76 | Long             | DBT              | CORP              | US        |     40000 | PA      | $38612.80     | 0.01%             | 2024-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CommScope Inc                                    | CommScope Inc                                                                    | CUSIP: 20338QAA1<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |     70000 | PA      | $60115.30     | 0.01%             | 2027-03-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| HERTZ CORP/THE                                   | Hertz Corp/The                                                                   | CUSIP: 428040DB2<br>LEI: 549300PD0C69OJ0NLB27 | Long             | DBT              | CORP              | US        |     75000 | PA      | $59341.50     | 0.01%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| THERMO FISHER SCIENTIFIC                         | Thermo Fisher Scientific Inc                                                     | CUSIP: 883556BY7<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |    102000 | PA      | $90598.44     | 0.01%             | 2047-08-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 9128285J5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    250000 | PA      | $242519.53    | 0.03%             | 2025-10-31      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                         | Marsh & McLennan Cos Inc                                                         | CUSIP: 571748AV4<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |     85000 | PA      | $83227.75     | 0.01%             | 2024-06-03      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SUN HUNG KAI PROP (CAP)                          | Sun Hung Kai Properties Capital Market Ltd                                       | CUSIP: 000000000<br>LEI: 222100WJDEUAP4JLW867 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $168594.00    | 0.02%             | 2030-05-13      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 3622A2RT1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      4153 | PA      | $3812.18      | 0.00%             | 2045-12-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| John Deere Capital Corp                          | John Deere Capital Corp                                                          | CUSIP: 24422EUE7<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     91000 | PA      | $88970.70     | 0.01%             | 2025-03-13      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| AIR PRODUCTS & CHEMICALS                         | Air Products and Chemicals Inc                                                   | CUSIP: 009158AZ9<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | DBT              | CORP              | US        |     90000 | PA      | $68209.20     | 0.01%             | 2040-05-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| BROADRIDGE FINANCIAL SOL                         | Broadridge Financial Solutions Inc                                               | CUSIP: 11133TAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $37628.40     | 0.00%             | 2026-06-27      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| SONOCO PRODUCTS CO                               | Sonoco Products Co                                                               | CUSIP: 835495AL6<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | DBT              | CORP              | US        |     70000 | PA      | $60651.50     | 0.01%             | 2030-05-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                   | Morgan Stanley                                                                   | CUSIP: 61747YEL5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    225000 | PA      | $184401.00    | 0.02%             | 2033-01-21      | Fixed         | 2.94%                 | No            |                  2 | On Loan: No      |
| European Investment Bank                         | European Investment Bank                                                         | CUSIP: 000000000<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |     10000 | PA      | $8490.70      | 0.00%             | 2026-11-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                           | NXP BV / NXP Funding LLC / NXP USA Inc                                           | CUSIP: 62954HAX6<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |     87000 | PA      | $79007.31     | 0.01%             | 2027-05-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CCW9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    600000 | PA      | $532968.75    | 0.07%             | 2026-08-31      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                   | Home Depot Inc/The                                                               | CUSIP: 437076CB6<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    104000 | PA      | $92067.04     | 0.01%             | 2030-04-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MBS8<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    150000 | PA      | $129373.50    | 0.02%             | 2029-09-17      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                              | American Tower Corp                                                              | CUSIP: 03027XBD1<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     95000 | PA      | $63097.10     | 0.01%             | 2050-06-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| TEGNA INC                                        | TEGNA Inc                                                                        | CUSIP: 87901JAH8<br>LEI: 549300YC5EDBGX85AO10 | Long             | DBT              | CORP              | US        |     85000 | PA      | $79763.15     | 0.01%             | 2029-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JOHNSON (S.C.) & SON INC                         | SC Johnson & Son Inc                                                             | CUSIP: 478165AH6<br>LEI: PH5ZFDENRYXEVLP50443 | Long             | DBT              | CORP              | US        |     25000 | PA      | $22749.00     | 0.00%             | 2046-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PANAMA                               | Panama Government International Bond                                             | CUSIP: 698299BN3<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    200000 | PA      | $151734.00    | 0.02%             | 2032-09-29      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140MCAF7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    962609 | PA      | $792457.43    | 0.10%             | 2052-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| EUROPEAN BK RECON & DEV                          | European Bank for Reconstruction & Development                                   | CUSIP: 29874QEL4<br>LEI: 549300HTGDOVDU6OGK19 | Long             | DBT              | NUSS              | XX        |     60000 | PA      | $53841.00     | 0.01%             | 2025-11-25      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| WESTERN UNION CO/THE                             | Western Union Co/The                                                             | CUSIP: 959802AZ2<br>LEI: 28ID94QU1140NC23S047 | Long             | DBT              | CORP              | US        |     90000 | PA      | $78492.60     | 0.01%             | 2026-03-15      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| TOPBUILD CORP                                    | TopBuild Corp                                                                    | CUSIP: 89055FAC7<br>LEI: 5493007YSKHOL4RWII46 | Long             | DBT              | CORP              | US        |     40000 | PA      | $32190.80     | 0.00%             | 2032-02-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| MTR CORP LTD                                     | MTR Corp Ltd                                                                     | CUSIP: 000000000<br>LEI: 254900IH4U9NHH9AQM97 | Long             | DBT              | CORP              | HK        |    200000 | PA      | $160684.00    | 0.02%             | 2030-08-19      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| JM SMUCKER CO                                    | J M Smucker Co/The                                                               | CUSIP: 832696AK4<br>LEI: 5493000WDH6A0LHDJD55 | Long             | DBT              | CORP              | US        |     75000 | PA      | $72885.75     | 0.01%             | 2025-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Tapestry Inc                                     | Tapestry Inc                                                                     | CUSIP: 189754AC8<br>LEI: 549300LJNVY5SW3VTN33 | Long             | DBT              | CORP              | US        |     73000 | PA      | $67906.06     | 0.01%             | 2027-07-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSP/FINL                          | MPT Operating Partnership LP / MPT Finance Corp                                  | CUSIP: 55342UAH7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $85315.00     | 0.01%             | 2027-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| Ventas Realty LP                                 | Ventas Realty LP                                                                 | CUSIP: 92277GAV9<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              | CORP              | US        |     62000 | PA      | $58689.20     | 0.01%             | 2030-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                         | Intercontinental Exchange Inc                                                    | CUSIP: 45866FAK0<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |    150000 | PA      | $124375.50    | 0.02%             | 2030-06-15      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                         | Rogers Communications Inc                                                        | CUSIP: 775109BN0<br>LEI: 54930030NVF3Y2OL0A78 | Long             | DBT              | CORP              | CA        |     66000 | PA      | $51647.64     | 0.01%             | 2049-05-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X7M89<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    447978 | PA      | $412951.79    | 0.05%             | 2050-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MASTERCARD INC                                   | Mastercard Inc                                                                   | CUSIP: 57636QAS3<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |     37000 | PA      | $30651.54     | 0.00%             | 2031-03-15      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| YUM! BRANDS INC                                  | Yum! Brands Inc                                                                  | CUSIP: 988498AP6<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |     80000 | PA      | $71809.60     | 0.01%             | 2032-01-31      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| International Paper Co                           | International Paper Co                                                           | CUSIP: 460146CN1<br>LEI: 824LMFJDH41EY779Q875 | Long             | DBT              | CORP              | US        |     25000 | PA      | $22833.00     | 0.00%             | 2046-05-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                          | BPCE SA                                                                          | CUSIP: 05578DAX0<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |     15000 | PA      | $14094.45     | 0.00%             | 2026-12-02      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                         | National Rural Utilities Cooperative Finance Corp                                | CUSIP: 637432MS1<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91580.00     | 0.01%             | 2032-11-01      | Fixed         | 4.02%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                   | Home Depot Inc/The                                                               | CUSIP: 437076BD3<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    131000 | PA      | $127225.89    | 0.02%             | 2044-02-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| INNOVATE Corp                                    | INNOVATE Corp                                                                    | CUSIP: 404139AJ6<br>LEI: 549300S6O246JWQQ1K58 | Long             | DBT              | CORP              | US        |     30000 | PA      | $20351.10     | 0.00%             | 2026-02-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae                                                                       | CUSIP: 21H0406C2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1353000 | PA      | $1291427.92   | 0.17%             | 2052-12-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NORDEA BANK ABP                                  | Nordea Bank Abp                                                                  | CUSIP: 65559CAE1<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |     95000 | PA      | $82219.65     | 0.01%             | 2026-09-30      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179WR26<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3710791 | PA      | $3259010.84   | 0.43%             | 2051-11-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Republic Services Inc                            | Republic Services Inc                                                            | CUSIP: 760759AT7<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |     33000 | PA      | $31679.67     | 0.00%             | 2028-05-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAM7<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    175000 | PA      | $165557.00    | 0.02%             | 2024-08-14      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Lincoln National Corp                            | Lincoln National Corp                                                            | CUSIP: 534187AW9<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4973.25      | 0.00%             | 2037-10-09      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| COVANTA HOLDING CORP                             | Covanta Holding Corp                                                             | CUSIP: 22303XAA3<br>LEI: 40XIFLS8XDQGGHGPGC04 | Long             | DBT              | CORP              | US        |     60000 | PA      | $50948.40     | 0.01%             | 2029-12-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CDG3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3100000 | PA      | $2784187.50   | 0.36%             | 2026-10-31      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CEB3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5250000 | PA      | $4699980.50   | 0.61%             | 2029-02-28      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| COMERICA BANK                                    | Comerica Bank                                                                    | CUSIP: 20034DJA8<br>LEI: 70WY0ID1N53Q4254VH70 | Long             | DBT              | CORP              | US        |    200000 | PA      | $191418.00    | 0.02%             | 2024-07-23      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AIA Group Ltd                                    | AIA Group Ltd                                                                    | CUSIP: 00131LAH8<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | DBT              | CORP              | HK        |    235000 | PA      | $215701.80    | 0.03%             | 2029-04-09      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179WLP1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    131367 | PA      | $115495.27    | 0.02%             | 2051-08-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PPG INDUSTRIES INC                               | PPG Industries Inc                                                               | CUSIP: 693506BU0<br>LEI: 549300BKPEP01R3V6C59 | Long             | DBT              | CORP              | US        |     40000 | PA      | $35658.00     | 0.00%             | 2026-03-15      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| AVIENT CORP                                      | Avient Corp                                                                      | CUSIP: 73179PAM8<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48862.00     | 0.01%             | 2025-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Waste Management Inc                             | Waste Management Inc                                                             | CUSIP: 94106LBK4<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |     30000 | PA      | $26658.60     | 0.00%             | 2049-07-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| TELUS Corp                                       | TELUS Corp                                                                       | CUSIP: 87971MBH5<br>LEI: L2TEUTQ8OSHMJWVLCE40 | Long             | DBT              | CORP              | CA        |     60000 | PA      | $52804.20     | 0.01%             | 2048-11-16      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| PERKINELMER INC                                  | PerkinElmer Inc                                                                  | CUSIP: 714046AM1<br>LEI: 549300IKL1SDPFI7N655 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16679.40     | 0.00%             | 2028-09-15      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust       | JPMBB Commercial Mortgage Securities Trust 2015-C29                              | CUSIP: 46644RAZ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    172000 | PA      | $163559.99    | 0.02%             | 2048-05-15      | Fixed         | 3.61%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                             | Cleveland-Cliffs Inc                                                             | CUSIP: 185899AK7<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |     30000 | PA      | $26322.00     | 0.00%             | 2029-03-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140M7R60<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2352370 | PA      | $1943651.87   | 0.25%             | 2051-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| MERLIN ENTERTAINMENTS                            | Merlin Entertainments Ltd                                                        | CUSIP: 59010QAB2<br>LEI: 549300ZTI0VEFO6WV007 | Long             | DBT              | CORP              | GB        |     25000 | PA      | $23459.50     | 0.00%             | 2026-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| TELECOM ITALIA SPA                               | Telecom Italia SpA/Milano                                                        | CUSIP: 87927YAA0<br>LEI: 549300W384M3RI3VXU42 | Long             | DBT              | CORP              | IT        |    115000 | PA      | $111282.05    | 0.01%             | 2024-05-30      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| YUM! BRANDS INC                                  | Yum! Brands Inc                                                                  | CUSIP: 988498AN1<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |     87000 | PA      | $73130.46     | 0.01%             | 2031-03-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| EBAY INC                                         | eBay Inc                                                                         | CUSIP: 278642AZ6<br>LEI: OML71K8X303XQONU6T67 | Long             | DBT              | CORP              | US        |     85000 | PA      | $62241.25     | 0.01%             | 2051-05-10      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| KFW                                              | Kreditanstalt fuer Wiederaufbau                                                  | CUSIP: 500769JJ4<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |    224000 | PA      | $200894.40    | 0.03%             | 2026-01-22      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| HOST HOTELS & RESORTS LP                         | Host Hotels & Resorts LP                                                         | CUSIP: 44107TAY2<br>LEI: FXB7X4WXVA8QPMNOGS12 | Long             | DBT              |  | US        |     92000 | PA      | $78078.56     | 0.01%             | 2029-12-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Illinois Tool Works Inc                          | Illinois Tool Works Inc                                                          | CUSIP: 452308AQ2<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | DBT              | CORP              | US        |     47000 | PA      | $46484.41     | 0.01%             | 2041-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CFJ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1800000 | PA      | $1732500.00   | 0.23%             | 2029-08-31      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Corning Inc                                      | Corning Inc                                                                      | CUSIP: 219350BF1<br>LEI: 549300X2937PB0CJ7I56 | Long             | DBT              | CORP              | US        |     27000 | PA      | $21601.35     | 0.00%             | 2057-11-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| MOLINA HEALTHCARE INC                            | Molina Healthcare Inc                                                            | CUSIP: 60855RAK6<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |     55000 | PA      | $47293.40     | 0.01%             | 2030-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                      | Prologis LP                                                                      | CUSIP: 74340XCC3<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |     52000 | PA      | $36234.64     | 0.00%             | 2050-03-01      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| DEERE & COMPANY                                  | Deere & Co                                                                       | CUSIP: 244199BA2<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | DBT              | CORP              | US        |     70000 | PA      | $81817.40     | 0.01%             | 2031-03-03      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XD3V6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    113761 | PA      | $102296.84    | 0.01%             | 2036-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| WELLTOWER INC                                    | Welltower Inc                                                                    | CUSIP: 95040QAN4<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              |  | US        |    116000 | PA      | $95299.80     | 0.01%             | 2029-01-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| CHURCH & DWIGHT CO INC                           | Church & Dwight Co Inc                                                           | CUSIP: 17136MAA0<br>LEI: POOXSI30AWAQGYJZC921 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8143.90      | 0.00%             | 2031-12-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| AUTOMATIC DATA PROCESSNG                         | Automatic Data Processing Inc                                                    | CUSIP: 053015AF0<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | DBT              | CORP              | US        |    111000 | PA      | $88545.81     | 0.01%             | 2030-09-01      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Kimco Realty Corp                                | Kimco Realty Corp                                                                | CUSIP: 49446RAQ2<br>LEI: 549300EA7I6T15IBYS12 | Long             | DBT              |  | US        |     30000 | PA      | $22596.00     | 0.00%             | 2046-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Voya Financial Inc                               | Voya Financial Inc                                                               | CUSIP: 929089AF7<br>LEI: 549300T065Z4KJ686G75 | Long             | DBT              | CORP              | US        |     55000 | PA      | $41097.10     | 0.01%             | 2048-01-23      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Nordstrom Inc                                    | Nordstrom Inc                                                                    | CUSIP: 655664AS9<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |     30000 | PA      | $25655.10     | 0.00%             | 2027-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| SWEDISH EXPORT CREDIT                            | Svensk Exportkredit AB                                                           | CUSIP: 00254ENB4<br>LEI: 1FOLRR5RWTWWI397R131 | Long             | DBT              | NUSS              | SE        |    200000 | PA      | $180102.00    | 0.02%             | 2025-08-26      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CFM8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1200000 | PA      | $1215093.76   | 0.16%             | 2027-09-30      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| TARGET CORP                                      | Target Corp                                                                      | CUSIP: 87612EBM7<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |     65000 | PA      | $59470.45     | 0.01%             | 2027-01-15      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QNFJ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    488895 | PA      | $418415.24    | 0.05%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CAL5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2300000 | PA      | $1951046.88   | 0.25%             | 2027-09-30      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| HCA INC                                          | HCA Inc                                                                          | CUSIP: 404119CF4<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    150000 | PA      | $128442.00    | 0.02%             | 2032-03-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| GENERAL MILLS INC                                | General Mills Inc                                                                | CUSIP: 370334CP7<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |     67000 | PA      | $46281.59     | 0.01%             | 2051-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Chubb INA Holdings Inc                           | Chubb INA Holdings Inc                                                           | CUSIP: 00440EAW7<br>LEI: CZCBJZWDMLTHWJDXU843 | Long             | DBT              | CORP              | US        |     50000 | PA      | $44380.00     | 0.01%             | 2045-11-03      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                          | International Bank for Reconstruction & Development                              | CUSIP: 459058EP4<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    352000 | PA      | $337110.40    | 0.04%             | 2025-07-29      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PRA GROUP INC                                    | PRA Group Inc                                                                    | CUSIP: 69354NAC0<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29292.60     | 0.00%             | 2025-09-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Synchrony Financial                              | Synchrony Financial                                                              | CUSIP: 87165BAD5<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14632.05     | 0.00%             | 2024-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                         | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AN1<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    115000 | PA      | $94662.25     | 0.01%             | 2032-02-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| KEYSIGHT TECHNOLOGIES                            | Keysight Technologies Inc                                                        | CUSIP: 49338LAE3<br>LEI: 549300GLKVIO8YRCYN02 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49124.00     | 0.01%             | 2027-04-06      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC                             | Keurig Dr Pepper Inc                                                             | CUSIP: 49271VAH3<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14969.55     | 0.00%             | 2025-05-25      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                           | Standard Chartered PLC                                                           | CUSIP: 853254CC2<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $149028.00    | 0.02%             | 2032-06-29      | Fixed         | 2.68%                 | No            |                  2 | On Loan: No      |
| AVALONBAY COMMUNITIES                            | AvalonBay Communities Inc                                                        | CUSIP: 05348EBC2<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | DBT              | CORP              | US        |     25000 | PA      | $23026.50     | 0.00%             | 2028-01-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| VENTAS REALTY LP                                 | Ventas Realty LP                                                                 | CUSIP: 92277GAU1<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              |  | US        |     50000 | PA      | $42403.50     | 0.01%             | 2030-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust            | Wells Fargo Commercial Mortgage Trust 2018-C44                                   | CUSIP: 95001JAX5<br>LEI: 549300AGZIS1CJS4RM30 | Long             | ABS-MBS          | CORP              | US        |    900000 | PA      | $853751.54    | 0.11%             | 2051-05-15      | Fixed         | 4.21%                 | No            |                  2 | On Loan: No      |
| SEALED AIR CORP                                  | Sealed Air Corp                                                                  | CUSIP: 81211KAY6<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |     35000 | PA      | $31468.50     | 0.00%             | 2027-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132CWXR0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     90408 | PA      | $81217.63     | 0.01%             | 2037-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                           | PNC Financial Services Group Inc/The                                             | CUSIP: 693475AP0<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |     55000 | PA      | $54286.65     | 0.01%             | 2024-04-29      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PERU                                 | Peruvian Government International Bond                                           | CUSIP: 715638DW9<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |     25000 | PA      | $16813.50     | 0.00%             | 2072-01-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                        | Amgen Inc                                                                        | CUSIP: 031162CT5<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    143000 | PA      | $130134.29    | 0.02%             | 2027-02-21      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| ABU DHABI GOVT INT'L                             | Abu Dhabi Government International Bond                                          | CUSIP: 000000000<br>LEI: 213800FER4348CINTA77 | Long             | DBT              | NUSS              | AE        |    200000 | PA      | $175016.00    | 0.02%             | 2047-10-11      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                              | Charles Schwab Corp/The                                                          | CUSIP: 808513AM7<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     35000 | PA      | $34042.05     | 0.00%             | 2026-02-13      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL LFE GLB FND II                         | Principal Life Global Funding II                                                 | CUSIP: 74256LEG0<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |     65000 | PA      | $49879.05     | 0.01%             | 2030-08-27      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE LONDON                           | Credit Agricole SA/London                                                        | CUSIP: 22532LAM6<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |    330000 | PA      | $324591.30    | 0.04%             | 2024-04-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133ACGR3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    208507 | PA      | $178348.49    | 0.02%             | 2050-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| KOMMUNALBANKEN AS                                | Kommunalbanken AS                                                                | CUSIP: 50048MCQ1<br>LEI: I7ETN0QQO2AHZZGHJ389 | Long             | DBT              | NUSS              | NO        |     40000 | PA      | $39081.20     | 0.01%             | 2024-02-05      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| KOREA DEVELOPMENT BANK                           | Korea Development Bank/The                                                       | CUSIP: 000000000<br>LEI: 549300ML2LNRZUCS7149 | Long             | DBT              | NUSS              | KR        |    200000 | PA      | $182280.00    | 0.02%             | 2025-06-03      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| NORDEA BANK ABP                                  | Nordea Bank Abp                                                                  | CUSIP: 65559CAC5<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |     55000 | PA      | $51434.35     | 0.01%             | 2024-05-24      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| ABU DHABI GOVT INT'L                             | Abu Dhabi Government International Bond                                          | CUSIP: 000000000<br>LEI: 213800FER4348CINTA77 | Long             | DBT              | NUSS              | AE        |    200000 | PA      | $192168.00    | 0.03%             | 2027-10-11      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Nutrien Ltd                                      | Nutrien Ltd                                                                      | CUSIP: 67077MAR9<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |     30000 | PA      | $26906.10     | 0.00%             | 2043-06-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| RYDER SYSTEM INC                                 | Ryder System Inc                                                                 | CUSIP: 78355HKR9<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |    101000 | PA      | $96103.52     | 0.01%             | 2025-09-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KMLZ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    855747 | PA      | $733271.22    | 0.10%             | 2051-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                           | Standard Chartered PLC                                                           | CUSIP: 853254BS8<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $179594.00    | 0.02%             | 2031-04-01      | Fixed         | 4.64%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                         | Warnermedia Holdings Inc                                                         | CUSIP: 55903VAS2<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |     15000 | PA      | $11596.80     | 0.00%             | 2062-03-15      | Fixed         | 5.39%                 | No            |                  2 | On Loan: No      |
| TRIUMPH GROUP INC                                | Triumph Group Inc                                                                | CUSIP: 896818AQ4<br>LEI: 5493007L6S47Q14SL582 | Long             | DBT              | CORP              | US        |     35000 | PA      | $33274.85     | 0.00%             | 2024-09-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 31418D3G5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2058042 | PA      | $1694203.68   | 0.22%             | 2051-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810SD1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    400000 | PA      | $337937.50    | 0.04%             | 2048-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AEP Texas Inc                                    | AEP Texas Inc                                                                    | CUSIP: 00108WAF7<br>LEI: 5493001L78U618KXNZ75 | Long             | DBT              | CORP              | US        |     65000 | PA      | $47871.85     | 0.01%             | 2047-10-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                              | Moody's Corp                                                                     | CUSIP: 615369AP0<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |      7000 | PA      | $6730.64      | 0.00%             | 2029-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Thomson Reuters Corp                             | Thomson Reuters Corp                                                             | CUSIP: 884903AY1<br>LEI: 549300561UZND4C7B569 | Long             | DBT              | CORP              | CA        |     47000 | PA      | $45303.30     | 0.01%             | 2035-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Lam Research Corp                                | Lam Research Corp                                                                | CUSIP: 512807AS7<br>LEI: 549300I4GMO6D34U1T02 | Long             | DBT              | CORP              | US        |     68000 | PA      | $66584.92     | 0.01%             | 2026-03-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| SURGERY CENTER HOLDINGS                          | Surgery Center Holdings Inc                                                      | CUSIP: 86881WAD4<br>LEI: 54930054EVI5HWPPW113 | Long             | DBT              | CORP              | US        |     44000 | PA      | $44258.72     | 0.01%             | 2027-04-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: —       |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VFE9<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    184000 | PA      | $163879.60    | 0.02%             | 2030-03-22      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| EUROPEAN BK RECON & DEV                          | European Bank for Reconstruction & Development                                   | CUSIP: 29874QAY0<br>LEI: 549300HTGDOVDU6OGK19 | Long             | DBT              | NUSS              | XX        |    125000 | PA      | $118813.75    | 0.02%             | 2024-09-27      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| DISCOVER FINANCIAL SVS                           | Discover Financial Services                                                      | CUSIP: 254709AP3<br>LEI: Z1YLO2USPORE63VVUL20 | Long             | DBT              | CORP              | US        |     55000 | PA      | $53241.10     | 0.01%             | 2026-01-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC                                   | S&P Global Inc                                                                   | CUSIP: 78409VBA1<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |     35000 | PA      | $32219.95     | 0.00%             | 2027-03-01      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133A9NL5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    867911 | PA      | $717417.91    | 0.09%             | 2050-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                         | Intercontinental Exchange Inc                                                    | CUSIP: 45866FAD6<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |    115000 | PA      | $112579.25    | 0.01%             | 2025-12-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| FLOWSERVE CORPORATION                            | Flowserve Corp                                                                   | CUSIP: 34354PAF2<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | DBT              | CORP              | US        |     59000 | PA      | $49555.28     | 0.01%             | 2030-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY TRANSMISSION                         | FirstEnergy Transmission LLC                                                     | CUSIP: 33767BAB5<br>LEI: 549300AINIIPOLYX2R63 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48843.00     | 0.01%             | 2025-01-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                              | Bank of Nova Scotia/The                                                          | CUSIP: 064159VL7<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |     20000 | PA      | $18305.40     | 0.00%             | 2025-06-11      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| GATX CORP                                        | GATX Corp                                                                        | CUSIP: 361448BG7<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |     50000 | PA      | $37493.50     | 0.00%             | 2031-06-01      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| Keurig Dr Pepper Inc                             | Keurig Dr Pepper Inc                                                             | CUSIP: 26138EAT6<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |     35000 | PA      | $30249.10     | 0.00%             | 2045-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| KEYSIGHT TECHNOLOGIES                            | Keysight Technologies Inc                                                        | CUSIP: 49338LAB9<br>LEI: 549300GLKVIO8YRCYN02 | Long             | DBT              | CORP              | US        |     97000 | PA      | $96191.02     | 0.01%             | 2024-10-30      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                     | Comcast Corp                                                                     | CUSIP: 20030NBY6<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    205000 | PA      | $194991.90    | 0.03%             | 2027-02-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| TRI POINTE HOMES INC                             | Tri Pointe Homes Inc                                                             | CUSIP: 87265HAG4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $27085.20     | 0.00%             | 2028-06-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| TARGET CORP                                      | Target Corp                                                                      | CUSIP: 87612EBK1<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |    220000 | PA      | $190524.40    | 0.02%             | 2030-09-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Welltower Inc                                    | Welltower Inc                                                                    | CUSIP: 95040QAC8<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              | CORP              | US        |    155000 | PA      | $151126.55    | 0.02%             | 2026-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| WESTERN DIGITAL CORP                             | Western Digital Corp                                                             | CUSIP: 958102AR6<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |     75000 | PA      | $55740.00     | 0.01%             | 2032-02-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Digital Realty Trust LP                          | Digital Realty Trust LP                                                          | CUSIP: 25389JAT3<br>LEI: CD4SPTZ3YBTHY0C1AH38 | Long             | DBT              |  | US        |     65000 | PA      | $62020.40     | 0.01%             | 2028-07-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QPK55<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    772793 | PA      | $751343.66    | 0.10%             | 2052-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Republic Services Inc                            | Republic Services Inc                                                            | CUSIP: 760759AK6<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |     60000 | PA      | $64465.80     | 0.01%             | 2040-03-01      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| AMERICAN INTL GROUP                              | American International Group Inc                                                 | CUSIP: 026874DK0<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9502.30      | 0.00%             | 2028-04-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                              | Elevance Health Inc                                                              | CUSIP: 036752AM5<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    105000 | PA      | $74124.75     | 0.01%             | 2050-05-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| OVERSEA-CHINESE BANKING                          | Oversea-Chinese Banking Corp Ltd                                                 | CUSIP: 69033CAD1<br>LEI: 5493007O3QFXCPOGWK22 | Long             | DBT              | CORP              | SG        |    118000 | PA      | $105390.52    | 0.01%             | 2030-09-10      | Fixed         | 1.83%                 | No            |                  2 | On Loan: No      |
| Republic of Panama                               | Panama Government International Bond                                             | CUSIP: 698299AW4<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    200000 | PA      | $213582.00    | 0.03%             | 2036-01-26      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| Harley-Davidson Inc                              | Harley-Davidson Inc                                                              | CUSIP: 412822AD0<br>LEI: ZDNAWZWXIKMWI51R2A08 | Long             | DBT              | CORP              | US        |     42000 | PA      | $39970.98     | 0.01%             | 2025-07-28      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| KFW                                              | Kreditanstalt fuer Wiederaufbau                                                  | CUSIP: 500769JP0<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |    187000 | PA      | $174226.03    | 0.02%             | 2024-09-20      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| DOLLAR GENERAL CORP                              | Dollar General Corp                                                              | CUSIP: 256677AK1<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | DBT              | CORP              | US        |     40000 | PA      | $39698.80     | 0.01%             | 2027-11-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| HILTON GRAND VAC BOR ESC                         | Hilton Grand Vacations Borrower Escrow LLC / Hilton Grand Vacations Borrower Esc | CUSIP: 43284MAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $32980.80     | 0.00%             | 2031-07-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                               | Realty Income Corp                                                               | CUSIP: 756109BE3<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |     20000 | PA      | $19910.20     | 0.00%             | 2025-11-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| LSEGA FINANCING PLC                              | LSEGA Financing PLC                                                              | CUSIP: 50220PAE3<br>LEI: 2138009YFYTGEHZNNZ09 | Long             | DBT              | CORP              | GB        |     20000 | PA      | $15073.80     | 0.00%             | 2041-04-06      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Amgen Inc                                        | Amgen Inc                                                                        | CUSIP: 031162CJ7<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     72000 | PA      | $67063.68     | 0.01%             | 2026-08-19      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| DANA INC                                         | Dana Inc                                                                         | CUSIP: 235825AH9<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |     35000 | PA      | $28326.90     | 0.00%             | 2030-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Mastercard Inc                                   | Mastercard Inc                                                                   | CUSIP: 57636QAG9<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |     69000 | PA      | $65853.60     | 0.01%             | 2026-11-21      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| CHINA RESOURCES LAND LTD                         | China Resources Land Ltd                                                         | CUSIP: 000000000<br>LEI: 5299001HL0TU7X15HK51 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $186056.00    | 0.02%             | 2024-12-09      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179VDN7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    158687 | PA      | $144650.28    | 0.02%             | 2050-01-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| KEY BANK NA                                      | KeyBank NA/Cleveland OH                                                          | CUSIP: 49327V2B9<br>LEI: HUX2X73FUCYHUVH1BK78 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27073.80     | 0.00%             | 2029-04-13      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VGN8<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    406000 | PA      | $326622.94    | 0.04%             | 2032-03-15      | Fixed         | 2.36%                 | No            |                  2 | On Loan: No      |
| CAISSE D'AMORT DETTE SOC                         | Caisse d'Amortissement de la Dette Sociale                                       | CUSIP: 12802D2A3<br>LEI: 969500P04DQJS4BPM574 | Long             | DBT              | NUSS              | FR        |    300000 | PA      | $268974.00    | 0.04%             | 2025-09-23      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| CAMELOT RETURN MERGER SU                         | Camelot Return Merger Sub Inc                                                    | CUSIP: 13323NAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $44988.50     | 0.01%             | 2028-08-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| IND & COM B C/DUBAI DIFC                         | Industrial & Commercial Bank of China Ltd/Dubai DIFC                             | CUSIP: 000000000<br>LEI: 254900RYF4STUN5BW294 | Long             | DBT              | CORP              | CN        |    200000 | PA      | $199838.00    | 0.03%             | 2024-10-17      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FIN SVCS INC                            | PennyMac Financial Services Inc                                                  | CUSIP: 70932MAA5<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |     50000 | PA      | $45742.00     | 0.01%             | 2025-10-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR INC                                  | Caterpillar Inc                                                                  | CUSIP: 149123CF6<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |    101000 | PA      | $78389.13     | 0.01%             | 2049-09-19      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 9128285M8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    700000 | PA      | $674023.44    | 0.09%             | 2028-11-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QN4A7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    964316 | PA      | $853148.84    | 0.11%             | 2052-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VCR3<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     80000 | PA      | $78385.60     | 0.01%             | 2024-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                              | American Express Co                                                              | CUSIP: 025816CS6<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18185.20     | 0.00%             | 2027-03-04      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                         | Benchmark 2022-B35 Mortgage Trust                                                | CUSIP: 08163RBQ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $2871936.93   | 0.37%             | 2055-05-15      | Variable      | 4.59%                 | No            |                  2 | On Loan: No      |
| DEERE & COMPANY                                  | Deere & Co                                                                       | CUSIP: 244199BK0<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | DBT              | CORP              | US        |    112000 | PA      | $97628.16     | 0.01%             | 2050-04-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| HOWARD HUGHES CORP                               | Howard Hughes Corp/The                                                           | CUSIP: 44267DAF4<br>LEI: 549300BVHY25JZC1KI49 | Long             | DBT              | CORP              | US        |     50000 | PA      | $41054.50     | 0.01%             | 2031-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VDC5<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    110000 | PA      | $90593.80     | 0.01%             | 2046-08-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| SYNEOS HEALTH INC                                | Syneos Health Inc                                                                | CUSIP: 87166BAA0<br>LEI: 549300F1ZGKDS8P6GU13 | Long             | DBT              | CORP              | US        |     50000 | PA      | $39010.50     | 0.01%             | 2029-01-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| HORMEL FOODS CORP                                | Hormel Foods Corp                                                                | CUSIP: 440452AH3<br>LEI: MSD54751OJP1FS2ND863 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4335.60      | 0.00%             | 2028-06-03      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| BELL CANADA                                      | Bell Telephone Co of Canada or Bell Canada/The                                   | CUSIP: 0778FPAB5<br>LEI: 549300JYAVAQRV5MNZ86 | Long             | DBT              | CORP              | CA        |     67000 | PA      | $56274.64     | 0.01%             | 2049-07-29      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                        | Amgen Inc                                                                        | CUSIP: 031162DG2<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     35000 | PA      | $28746.20     | 0.00%             | 2062-02-22      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| ANALOG DEVICES INC                               | Analog Devices Inc                                                               | CUSIP: 032654AX3<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | DBT              | CORP              | US        |    110000 | PA      | $78613.70     | 0.01%             | 2051-10-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| STANLEY BLACK & DECKER I                         | Stanley Black & Decker Inc                                                       | CUSIP: 854502AK7<br>LEI: 549300DJ09SMTO561131 | Long             | DBT              | CORP              | US        |     12000 | PA      | $11495.88     | 0.00%             | 2026-03-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Caterpillar Inc                                  | Caterpillar Inc                                                                  | CUSIP: 149123CD1<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |     85000 | PA      | $79199.60     | 0.01%             | 2044-05-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| GRAND CANYON UNIVERSITY                          | Grand Canyon University                                                          | CUSIP: 38528UAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $37176.80     | 0.00%             | 2028-10-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VGC2<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    235000 | PA      | $169406.80    | 0.02%             | 2061-03-22      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| GENUINE PARTS CO                                 | Genuine Parts Co                                                                 | CUSIP: 372460AA3<br>LEI: 549300D46DQVEU651W04 | Long             | DBT              | CORP              | US        |     25000 | PA      | $19325.00     | 0.00%             | 2030-11-01      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Verisk Analytics Inc                             | Verisk Analytics Inc                                                             | CUSIP: 92345YAE6<br>LEI: 549300I1YSWNIRKBWP67 | Long             | DBT              | CORP              | US        |     37000 | PA      | $34900.25     | 0.00%             | 2045-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| RYDER SYSTEM INC                                 | Ryder System Inc                                                                 | CUSIP: 78355HKP3<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |     99000 | PA      | $90697.86     | 0.01%             | 2026-12-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| HOWARD HUGHES CORP                               | Howard Hughes Corp/The                                                           | CUSIP: 44267DAD9<br>LEI: 549300BVHY25JZC1KI49 | Long             | DBT              | CORP              | US        |     55000 | PA      | $49832.20     | 0.01%             | 2028-08-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QPK48<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    370651 | PA      | $350700.42    | 0.05%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SABIC Capital II BV                              | SABIC Capital II BV                                                              | CUSIP: 000000000<br>LEI: 2138005PCUTH59D4RJ83 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $196382.00    | 0.03%             | 2028-10-10      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WRKCo Inc                                        | WRKCo Inc                                                                        | CUSIP: 96145DAH8<br>LEI: 549300JEB576INN13W07 | Long             | DBT              | CORP              | US        |     40000 | PA      | $37390.80     | 0.00%             | 2028-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                         | Marsh & McLennan Cos Inc                                                         | CUSIP: 571748BH4<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |     60000 | PA      | $55462.80     | 0.01%             | 2039-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENER HOUSTON                         | CenterPoint Energy Houston Electric LLC                                          | CUSIP: 15189XAT5<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |     75000 | PA      | $65965.50     | 0.01%             | 2049-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| HP INC                                           | HP Inc                                                                           | CUSIP: 40434LAM7<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97460.00     | 0.01%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BEACON ROOFING SUPPLY IN                         | Beacon Roofing Supply Inc                                                        | CUSIP: 073685AH2<br>LEI: 549300HDXQWWCBOYXP31 | Long             | DBT              | CORP              | US        |     30000 | PA      | $25230.60     | 0.00%             | 2029-05-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132D6BW9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    245886 | PA      | $220665.24    | 0.03%             | 2037-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Waste Connections Inc                            | Waste Connections Inc                                                            | CUSIP: 941053AJ9<br>LEI: 549300HDLRTPBQU69P29 | Long             | DBT              | CORP              | CA        |     50000 | PA      | $46354.00     | 0.01%             | 2029-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| LGI HOMES INC                                    | LGI Homes Inc                                                                    | CUSIP: 50187TAF3<br>LEI: 549300W02B4WNV8CV109 | Long             | DBT              | CORP              | US        |     20000 | PA      | $15195.80     | 0.00%             | 2029-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 31418D7E6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    929865 | PA      | $765842.36    | 0.10%             | 2051-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ACI Worldwide Inc                                | ACI Worldwide Inc                                                                | CUSIP: 004498AB7<br>LEI: 5493003BPVMZUJ6F5C02 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24040.75     | 0.00%             | 2026-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                          | John Deere Capital Corp                                                          | CUSIP: 24422EWK1<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     40000 | PA      | $39345.60     | 0.01%             | 2027-09-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810SY5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3150000 | PA      | $2421562.50   | 0.32%             | 2041-05-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Amgen Inc                                        | Amgen Inc                                                                        | CUSIP: 031162BE9<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    211000 | PA      | $200087.08    | 0.03%             | 2041-10-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| 180 MEDICAL INC                                  | 180 Medical Inc                                                                  | CUSIP: 682357AA6<br>LEI: 254900ZB648OPWVFVX59 | Long             | DBT              | CORP              | US        |     35000 | PA      | $29923.25     | 0.00%             | 2029-10-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Kimco Realty Corp                                | Kimco Realty Corp                                                                | CUSIP: 49446RAS8<br>LEI: 549300EA7I6T15IBYS12 | Long             | DBT              |  | US        |     25000 | PA      | $23449.25     | 0.00%             | 2027-04-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| LSEGA FINANCING PLC                              | LSEGA Financing PLC                                                              | CUSIP: 50220PAD5<br>LEI: 2138009YFYTGEHZNNZ09 | Long             | DBT              | CORP              | GB        |     25000 | PA      | $21041.25     | 0.00%             | 2031-04-06      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AGILENT TECHNOLOGIES INC                         | Agilent Technologies Inc                                                         | CUSIP: 00846UAL5<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | DBT              | CORP              | US        |     50000 | PA      | $43814.50     | 0.01%             | 2029-09-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| SKANDINAVISKA ENSKILDA                           | Skandinaviska Enskilda Banken AB                                                 | CUSIP: 83051GAS7<br>LEI: F3JS33DEI6XQ4ZBPTN86 | Long             | DBT              | CORP              | SE        |    200000 | PA      | $184662.00    | 0.02%             | 2024-09-09      | Fixed         | 0.65%                 | No            |                  2 | On Loan: No      |
| HOST HOTELS & RESORTS LP                         | Host Hotels & Resorts LP                                                         | CUSIP: 44107TBA3<br>LEI: FXB7X4WXVA8QPMNOGS12 | Long             | DBT              |  | US        |     15000 | PA      | $11621.85     | 0.00%             | 2031-12-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| LAMB WESTON HLD                                  | Lamb Weston Holdings Inc                                                         | CUSIP: 513272AC8<br>LEI: 5493005SMYID1D2OY946 | Long             | DBT              | CORP              | US        |     45000 | PA      | $42586.20     | 0.01%             | 2028-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                               | Vodafone Group PLC                                                               | CUSIP: 92857WBS8<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    136000 | PA      | $116768.24    | 0.02%             | 2049-06-19      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                   | Eli Lilly & Co                                                                   | CUSIP: 532457BV9<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |     76000 | PA      | $72202.28     | 0.01%             | 2029-03-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: —       |
| ROPER TECHNOLOGIES INC                           | Roper Technologies Inc                                                           | CUSIP: 776743AL0<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |    131000 | PA      | $101852.50    | 0.01%             | 2031-02-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| GRAY ESCROW II INC                               | Gray Escrow II Inc                                                               | CUSIP: 389286AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     98000 | PA      | $74755.38     | 0.01%             | 2031-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| REGIONS FINANCIAL CORP                           | Regions Financial Corp                                                           | CUSIP: 7591EPAT7<br>LEI: CW05CS5KW59QTC0DG824 | Long             | DBT              | CORP              | US        |    115000 | PA      | $97727.00     | 0.01%             | 2028-08-12      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| CABLE ONE INC                                    | Cable One Inc                                                                    | CUSIP: 12685JAC9<br>LEI: 549300648QS85T0XSH18 | Long             | DBT              | CORP              | US        |     50000 | PA      | $40278.50     | 0.01%             | 2030-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS                         | Discovery Communications LLC                                                     | CUSIP: 25470DAK5<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |     40000 | PA      | $38017.60     | 0.00%             | 2025-03-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                         | Lloyds Banking Group PLC                                                         | CUSIP: 539439AT6<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    215000 | PA      | $201117.45    | 0.03%             | 2028-08-16      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 31418DUF7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    466505 | PA      | $362721.71    | 0.05%             | 2050-11-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                            | Level 3 Financing Inc                                                            | CUSIP: 527298BN2<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |     75000 | PA      | $63608.25     | 0.01%             | 2027-09-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| LITHIA MOTORS INC                                | Lithia Motors Inc                                                                | CUSIP: 536797AF0<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |     45000 | PA      | $38076.75     | 0.00%             | 2031-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                 | Bank of Montreal                                                                 | CUSIP: 06368FAJ8<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |     50000 | PA      | $45833.50     | 0.01%             | 2027-03-08      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Thomson Reuters Corp                             | Thomson Reuters Corp                                                             | CUSIP: 884903BP9<br>LEI: 549300561UZND4C7B569 | Long             | DBT              | CORP              | CA        |     39000 | PA      | $36747.75     | 0.00%             | 2043-11-23      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                           | Asian Development Bank                                                           | CUSIP: 045167FH1<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |     25000 | PA      | $22636.50     | 0.00%             | 2027-01-20      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| OCI NV                                           | OCI NV                                                                           | CUSIP: 67091GAE3<br>LEI: 549300NCMRGIBJYUOE57 | Long             | DBT              | CORP              | NL        |     50000 | PA      | $47933.50     | 0.01%             | 2025-10-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| STUDIO CITY CO LTD                               | Studio City Co Ltd                                                               | CUSIP: 86400GAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | VG        |    200000 | PA      | $185376.00    | 0.02%             | 2027-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KN4Q3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1915068 | PA      | $1694362.72   | 0.22%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                         | European Investment Bank                                                         | CUSIP: 298785JD9<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    105000 | PA      | $95745.30     | 0.01%             | 2025-07-25      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| Boston Properties LP                             | Boston Properties LP                                                             | CUSIP: 10112RAZ7<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |     79000 | PA      | $75791.02     | 0.01%             | 2025-01-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| CUMMINS INC                                      | Cummins Inc                                                                      | CUSIP: 231021AU0<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | DBT              | CORP              | US        |     22000 | PA      | $19868.20     | 0.00%             | 2025-09-01      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| NEWMONT CORP                                     | Newmont Corp                                                                     | CUSIP: 651639AV8<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | DBT              | CORP              | US        |     67000 | PA      | $64014.48     | 0.01%             | 2044-06-09      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| NVIDIA CORP                                      | NVIDIA Corp                                                                      | CUSIP: 67066GAF1<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | DBT              | CORP              | US        |     91000 | PA      | $80396.68     | 0.01%             | 2030-04-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                          | International Bank for Reconstruction & Development                              | CUSIP: 459056HV2<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    475000 | PA      | $451402.00    | 0.06%             | 2024-08-28      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Kimco Realty Corp                                | Kimco Realty Corp                                                                | CUSIP: 49446RAT6<br>LEI: 549300EA7I6T15IBYS12 | Long             | DBT              | CORP              | US        |     77000 | PA      | $60994.01     | 0.01%             | 2047-09-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| BIOGEN INC                                       | Biogen Inc                                                                       | CUSIP: 09062XAH6<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | DBT              | CORP              | US        |    129000 | PA      | $106502.40    | 0.01%             | 2030-05-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VBS2<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |      7000 | PA      | $7598.64      | 0.00%             | 2033-09-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| INTL FINANCE CORP                                | International Finance Corp                                                       | CUSIP: 45950KCX6<br>LEI: QKL54NQY28TCDAI75F60 | Long             | DBT              | NUSS              | XX        |     50000 | PA      | $44099.00     | 0.01%             | 2026-10-08      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| YAMANA GOLD INC                                  | Yamana Gold Inc                                                                  | CUSIP: 98462YAF7<br>LEI: 54930002VY22NXG01418 | Long             | DBT              | CORP              | CA        |     35000 | PA      | $26621.00     | 0.00%             | 2031-08-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Asian Development Bank                           | Asian Development Bank                                                           | CUSIP: 045167DN0<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    104000 | PA      | $96882.24     | 0.01%             | 2026-04-24      | Fixed         | 2.00%                 | No            |                  2 | On Loan: —       |
| WOORI BANK                                       | Woori Bank                                                                       | CUSIP: 98105GAK8<br>LEI: 549300VUVMRL6RE7R376 | Long             | DBT              | CORP              | KR        |    200000 | PA      | $174486.00    | 0.02%             | 2026-02-01      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RAL1<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     50000 | PA      | $47753.50     | 0.01%             | 2024-10-24      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| GRAPHIC PACKAGING INTERN                         | Graphic Packaging International LLC                                              | CUSIP: 38869AAD9<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |     30000 | PA      | $25698.90     | 0.00%             | 2030-02-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XBB58<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     73489 | PA      | $67938.79     | 0.01%             | 2036-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QKNS3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     44718 | PA      | $37031.30     | 0.00%             | 2051-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                   | Home Depot Inc/The                                                               | CUSIP: 437076CC4<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    185000 | PA      | $150147.85    | 0.02%             | 2040-04-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| WW Grainger Inc                                  | WW Grainger Inc                                                                  | CUSIP: 384802AC8<br>LEI: 549300TWZSP6O1IH2V34 | Long             | DBT              | CORP              | US        |    115000 | PA      | $92335.80     | 0.01%             | 2046-05-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CCG4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3875000 | PA      | $3626455.10   | 0.47%             | 2024-06-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| ZURICH FINANCE IRELAND                           | Zurich Finance Ireland Designated Activity Co                                    | CUSIP: 000000000<br>LEI: 549300E0FVHYR37EGX65 | Long             | DBT              | CORP              | IE        |    200000 | PA      | $151674.00    | 0.02%             | 2051-04-19      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fiserv Inc                                       | Fiserv Inc                                                                       | CUSIP: 337738AP3<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |     77000 | PA      | $74807.04     | 0.01%             | 2025-06-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| KIMBERLY-CLARK CORP                              | Kimberly-Clark Corp                                                              | CUSIP: 494368CB7<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | DBT              | CORP              | US        |     70000 | PA      | $63245.00     | 0.01%             | 2030-03-26      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Air Lease Corp                                   | Air Lease Corp                                                                   | CUSIP: 00912XBF0<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |     45000 | PA      | $42048.00     | 0.01%             | 2028-10-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| FOOT LOCKER INC                                  | Foot Locker Inc                                                                  | CUSIP: 344849AA2<br>LEI: 549300X383CBNP6MTV94 | Long             | DBT              | CORP              | US        |     30000 | PA      | $24470.70     | 0.00%             | 2029-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN WATER CAPITAL C                         | American Water Capital Corp                                                      | CUSIP: 03040WAD7<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |     80000 | PA      | $88900.00     | 0.01%             | 2037-10-15      | Fixed         | 6.59%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PANAMA                               | Panama Government International Bond                                             | CUSIP: 698299BK9<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    200000 | PA      | $174436.00    | 0.02%             | 2030-01-23      | Fixed         | 3.16%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                 | Coca-Cola Co/The                                                                 | CUSIP: 191216DQ0<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |     35000 | PA      | $27474.30     | 0.00%             | 2041-05-05      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Zoetis Inc                                       | Zoetis Inc                                                                       | CUSIP: 98978VAM5<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |     52000 | PA      | $42813.16     | 0.01%             | 2047-09-12      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| PulteGroup Inc                                   | PulteGroup Inc                                                                   | CUSIP: 745867AX9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     20000 | PA      | $19846.80     | 0.00%             | 2027-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hanesbrands Inc                                  | Hanesbrands Inc                                                                  | CUSIP: 410345AJ1<br>LEI: GX5LWVWZLL5S4W1L2F20 | Long             | DBT              | CORP              | US        |     56000 | PA      | $54118.96     | 0.01%             | 2024-05-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| FED CAISSES DESJARDINS                           | Federation des Caisses Desjardins du Quebec                                      | CUSIP: 31429KAE3<br>LEI: 549300B2Q47IR0CR5B54 | Long             | DBT              | CORP              | CA        |    215000 | PA      | $200732.60    | 0.03%             | 2024-05-21      | Fixed         | 0.70%                 | No            |                  2 | On Loan: No      |
| Ameriprise Financial Inc                         | Ameriprise Financial Inc                                                         | CUSIP: 03076CAG1<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | DBT              | CORP              | US        |     70000 | PA      | $68460.00     | 0.01%             | 2024-10-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                 | Coca-Cola Co/The                                                                 | CUSIP: 191216DK3<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |    110000 | PA      | $91942.40     | 0.01%             | 2031-03-05      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                          | Dell International LLC / EMC Corp                                                | CUSIP: 24703TAK2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     96000 | PA      | $112097.28    | 0.01%             | 2046-07-15      | Fixed         | 8.35%                 | No            |                  2 | On Loan: No      |
| HILLENBRAND INC                                  | Hillenbrand Inc                                                                  | CUSIP: 431571AD0<br>LEI: U246OE781574J2BUD366 | Long             | DBT              | CORP              | US        |     40000 | PA      | $40194.40     | 0.01%             | 2025-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                            | Truist Financial Corp                                                            | CUSIP: 89788MAC6<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |     35000 | PA      | $29600.55     | 0.00%             | 2027-08-03      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VDR2<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     74000 | PA      | $69541.50     | 0.01%             | 2039-03-15      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| LOUISIANA-PACIFIC CORP                           | Louisiana-Pacific Corp                                                           | CUSIP: 546347AM7<br>LEI: 549300C7E2UAO5BVRR75 | Long             | DBT              | CORP              | US        |     25000 | PA      | $21272.75     | 0.00%             | 2029-03-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| MARRIOTT OWNERSHIP RESOR                         | Marriott Ownership Resorts Inc                                                   | CUSIP: 57164PAG1<br>LEI: BW4532OH033VURR0IT68 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19857.20     | 0.00%             | 2025-09-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                     | Comcast Corp                                                                     | CUSIP: 20030NCS8<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    205000 | PA      | $201715.90    | 0.03%             | 2025-10-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X8TY3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    268847 | PA      | $239509.39    | 0.03%             | 2050-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DOLLAR GENERAL CORP                              | Dollar General Corp                                                              | CUSIP: 256677AG0<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27256.80     | 0.00%             | 2030-04-03      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HOLOGIC INC                                      | Hologic Inc                                                                      | CUSIP: 436440AP6<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | DBT              | CORP              | US        |     75000 | PA      | $65881.50     | 0.01%             | 2029-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS L                         | First Quantum Minerals Ltd                                                       | CUSIP: 000000000<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $192872.00    | 0.03%             | 2026-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| HKT CAPITAL NO 5 LTD                             | HKT Capital No 5 Ltd                                                             | CUSIP: 000000000<br>LEI: 254900PW2WQ2W5M9NA17 | Long             | DBT              | CORP              | VG        |    200000 | PA      | $174750.00    | 0.02%             | 2029-09-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36178YCG8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    822352 | PA      | $781959.57    | 0.10%             | 2042-10-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132D6N48<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     36344 | PA      | $32680.52     | 0.00%             | 2036-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                              | American Tower Corp                                                              | CUSIP: 03027XBS8<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     55000 | PA      | $43618.85     | 0.01%             | 2031-09-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| BAIDU INC                                        | Baidu Inc                                                                        | CUSIP: 056752AU2<br>LEI: 254900AL64IANZYI1E02 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $157798.00    | 0.02%             | 2031-08-23      | Fixed         | 2.38%                 | No            |                  2 | On Loan: —       |
| CGI INC                                          | CGI Inc                                                                          | CUSIP: 12532HAC8<br>LEI: 549300WSRCZY73ZG3090 | Long             | DBT              | CORP              | CA        |     65000 | PA      | $57396.30     | 0.01%             | 2026-09-14      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| Hologic Inc                                      | Hologic Inc                                                                      | CUSIP: 436440AM3<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28788.00     | 0.00%             | 2028-02-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XDRQ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     27022 | PA      | $23141.05     | 0.00%             | 2051-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QKHM3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    107563 | PA      | $88661.78     | 0.01%             | 2051-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912828ZL7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2590000 | PA      | $2364184.38   | 0.31%             | 2025-04-30      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                               | Vodafone Group PLC                                                               | CUSIP: 92857WBX7<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |     70000 | PA      | $50110.90     | 0.01%             | 2081-06-04      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| JPN BANK FOR INT'L COOP                          | Japan Bank for International Cooperation                                         | CUSIP: 471048BT4<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |     15000 | PA      | $14116.50     | 0.00%             | 2028-07-20      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| MUELLER WATER PRODUCTS                           | Mueller Water Products Inc                                                       | CUSIP: 624758AF5<br>LEI: 549300F7ZU4P1F8V8L60 | Long             | DBT              | CORP              | US        |     36000 | PA      | $31323.96     | 0.00%             | 2029-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EMPOWER FINANCE 2020 LP                          | Empower Finance 2020 LP                                                          | CUSIP: 29248HAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     35000 | PA      | $29390.20     | 0.00%             | 2027-09-17      | Fixed         | 1.36%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATL INFO SERV                          | Fidelity National Information Services Inc                                       | CUSIP: 31620MBU9<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |     51000 | PA      | $35818.32     | 0.00%             | 2041-03-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| ST MARYS CEMENT INC                              | St Marys Cement Inc Canada                                                       | CUSIP: 78478EAA6<br>LEI: 5493009981WBHS86CJ89 | Long             | DBT              | CORP              | CA        |     15000 | PA      | $15087.75     | 0.00%             | 2027-01-28      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| Lincoln National Corp                            | Lincoln National Corp                                                            | CUSIP: 534187BG3<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |     50000 | PA      | $38258.00     | 0.00%             | 2048-03-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| GENERAL MILLS INC                                | General Mills Inc                                                                | CUSIP: 370334BP8<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4244.35      | 0.00%             | 2043-02-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: —       |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CBV2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1850000 | PA      | $1745937.50   | 0.23%             | 2024-04-15      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179WXJ2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1927283 | PA      | $1691448.67   | 0.22%             | 2052-02-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| B&G FOODS INC                                    | B&G Foods Inc                                                                    | CUSIP: 05508WAB1<br>LEI: 549300TRW1LZMDJZAQ78 | Long             | DBT              | CORP              | US        |     40000 | PA      | $31940.80     | 0.00%             | 2027-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| OWENS & MINOR INC                                | Owens & Minor Inc                                                                | CUSIP: 690732AG7<br>LEI: 549300LMT5KQQXCEZ733 | Long             | DBT              | CORP              | US        |     50000 | PA      | $44398.00     | 0.01%             | 2030-04-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XCSU3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    274467 | PA      | $213599.17    | 0.03%             | 2051-07-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                       | Fiserv Inc                                                                       | CUSIP: 337738AU2<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |    205000 | PA      | $185006.35    | 0.02%             | 2029-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Eaton Corp                                       | Eaton Corp                                                                       | CUSIP: 278062AF1<br>LEI: 0NZWDMRCE180888QQE14 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8268.50      | 0.00%             | 2047-09-15      | Fixed         | 3.92%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                   | Morgan Stanley                                                                   | CUSIP: 61747YDY8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    150000 | PA      | $129877.50    | 0.02%             | 2045-01-27      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Meritage Homes Corp                              | Meritage Homes Corp                                                              | CUSIP: 59001AAY8<br>LEI: 52990044W9UMFJO2FB97 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29754.30     | 0.00%             | 2025-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CFP1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3000000 | PA      | $3011718.75   | 0.39%             | 2025-10-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X7KS7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    195401 | PA      | $187840.10    | 0.02%             | 2049-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133BPXV5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    125000 | PA      | $124485.66    | 0.02%             | 2052-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PVH CORP                                         | PVH Corp                                                                         | CUSIP: 693656AC4<br>LEI: 123WALMHY1GZXG2YDL90 | Long             | DBT              | CORP              | US        |    125000 | PA      | $121203.75    | 0.02%             | 2025-07-10      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CHUBB CORP                                       | Chubb Corp/The                                                                   | CUSIP: 171232AS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     20000 | PA      | $22357.00     | 0.00%             | 2038-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| OEKB OEST. KONTROLLBANK                          | Oesterreichische Kontrollbank AG                                                 | CUSIP: 676167CB3<br>LEI: 5299000OVRLMF858L016 | Long             | DBT              | CORP              | AT        |    175000 | PA      | $157258.50    | 0.02%             | 2025-09-17      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| STEEL DYNAMICS INC                               | Steel Dynamics Inc                                                               | CUSIP: 858119BK5<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | DBT              | CORP              | US        |     90000 | PA      | $79316.10     | 0.01%             | 2030-04-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| REALOGY GROUP/CO-ISSUER                          | Realogy Group LLC / Realogy Co-Issuer Corp                                       | CUSIP: 75606DAQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $55102.50     | 0.01%             | 2030-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                 | Coca-Cola Co/The                                                                 | CUSIP: 191216CV0<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |    124000 | PA      | $102812.12    | 0.01%             | 2030-06-01      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ARGENTINA                            | Argentine Republic Government International Bond                                 | CUSIP: 040114HT0<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |    650000 | PA      | $157300.00    | 0.02%             | 2035-07-09      | Variable      | 1.50%                 | No            |                  2 | On Loan: No      |
| SEAGATE HDD CAYMAN                               | Seagate HDD Cayman                                                               | CUSIP: 81180WBF7<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |     40000 | PA      | $31159.20     | 0.00%             | 2029-07-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                     | Comcast Corp                                                                     | CUSIP: 20030NDU2<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    500000 | PA      | $321840.00    | 0.04%             | 2056-11-01      | Fixed         | 2.94%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                            | Truist Financial Corp                                                            | CUSIP: 05531GAB7<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |     95000 | PA      | $87970.00     | 0.01%             | 2029-03-19      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CommScope Inc                                    | CommScope Inc                                                                    | CUSIP: 20338QAD5<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |    125000 | PA      | $120506.25    | 0.02%             | 2026-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PepsiCo Inc                                      | PepsiCo Inc                                                                      | CUSIP: 713448DF2<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    120000 | PA      | $115233.60    | 0.02%             | 2026-02-24      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| KFC HLD/PIZZA HUT/TACO                           | KFC Holding Co/Pizza Hut Holdings LLC/Taco Bell of America LLC                   | CUSIP: 48250NAC9<br>LEI: 549300G2LG4YUB3MM115 | Long             | DBT              | CORP              | US        |     55000 | PA      | $52787.90     | 0.01%             | 2027-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                              | American Express Co                                                              | CUSIP: 025816CG2<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |     80000 | PA      | $77161.60     | 0.01%             | 2024-07-30      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                              | Moody's Corp                                                                     | CUSIP: 615369AE5<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |     77000 | PA      | $74970.28     | 0.01%             | 2044-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                                | Newell Brands Inc                                                                | CUSIP: 651229BC9<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |     40000 | PA      | $39344.40     | 0.01%             | 2027-09-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL FINANCIAL GRP                          | Principal Financial Group Inc                                                    | CUSIP: 74251VAR3<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | DBT              | CORP              | US        |     75000 | PA      | $70281.75     | 0.01%             | 2029-05-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| HAT HOLDINGS I LLC/HAT                           | HAT Holdings I LLC / HAT Holdings II LLC                                         | CUSIP: 418751AD5<br>LEI: N/A                  | Long             | DBT              |  | US        |     30000 | PA      | $21774.00     | 0.00%             | 2030-09-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ERP OPERATING LP                                 | ERP Operating LP                                                                 | CUSIP: 26884ABL6<br>LEI: DX5HQV5MLU50FEWZ5072 | Long             | DBT              |  | US        |     75000 | PA      | $65954.25     | 0.01%             | 2029-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC                           | Lumen Technologies Inc                                                           | CUSIP: 156700BB1<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |     50000 | PA      | $42894.50     | 0.01%             | 2026-12-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| ASSURANT INC                                     | Assurant Inc                                                                     | CUSIP: 04621XAN8<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | DBT              | CORP              | US        |     63000 | PA      | $46856.88     | 0.01%             | 2032-01-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Kraft Heinz Foods Co                             | Kraft Heinz Foods Co                                                             | CUSIP: 50076QAN6<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |     60000 | PA      | $65128.20     | 0.01%             | 2040-02-09      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP                          | Asbury Automotive Group Inc                                                      | CUSIP: 043436AW4<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |     62000 | PA      | $54091.90     | 0.01%             | 2029-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                     | Broadcom Inc                                                                     | CUSIP: 11135FBT7<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     15000 | PA      | $13269.00     | 0.00%             | 2032-04-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| WASTE MANAGEMENT INC                             | Waste Management Inc                                                             | CUSIP: 94106LBL2<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |     42000 | PA      | $37666.02     | 0.00%             | 2025-11-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Republic of Panama                               | Panama Government International Bond                                             | CUSIP: 698299AK0<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    100000 | PA      | $119972.00    | 0.02%             | 2029-04-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| Ventas Realty LP                                 | Ventas Realty LP                                                                 | CUSIP: 92277GAE7<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              |  | US        |     57000 | PA      | $54687.51     | 0.01%             | 2025-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PAYPAL HOLDINGS INC                              | PayPal Holdings Inc                                                              | CUSIP: 70450YAG8<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |     59000 | PA      | $54893.01     | 0.01%             | 2025-06-01      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CDV0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1950000 | PA      | $1866210.94   | 0.24%             | 2024-01-31      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                   | Morgan Stanley                                                                   | CUSIP: 6174468U6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    300000 | PA      | $228513.00    | 0.03%             | 2032-02-13      | Fixed         | 1.79%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                            | Toronto-Dominion Bank/The                                                        | CUSIP: 89114TZD7<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $176738.00    | 0.02%             | 2026-06-03      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                              | Charles Schwab Corp/The                                                          | CUSIP: 808513AY1<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     65000 | PA      | $64084.15     | 0.01%             | 2024-02-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                                | Newell Brands Inc                                                                | CUSIP: 651229BB1<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |     41000 | PA      | $40013.54     | 0.01%             | 2025-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DV5Z4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    272941 | PA      | $260259.13    | 0.03%             | 2050-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAR6<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    170000 | PA      | $158383.90    | 0.02%             | 2027-10-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                          | Oncor Electric Delivery Co LLC                                                   | CUSIP: 68233JBU7<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |    105000 | PA      | $91846.65     | 0.01%             | 2030-05-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| MICROCHIP TECHNOLOGY INC                         | Microchip Technology Inc                                                         | CUSIP: 595017BC7<br>LEI: 5493007PTFULNYZJ1R12 | Long             | DBT              | CORP              | US        |     60000 | PA      | $55132.20     | 0.01%             | 2024-09-01      | Fixed         | 0.98%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL                         | Penske Truck Leasing Co Lp / PTL Finance Corp                                    | CUSIP: 709599AW4<br>LEI: 549300ZX07JYMI8GHQ39 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4605.45      | 0.00%             | 2026-11-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| AECOM                                            | AECOM                                                                            | CUSIP: 00774CAB3<br>LEI: 0EEB8GF0W0NPCIHZX097 | Long             | DBT              | CORP              | US        |     85000 | PA      | $82683.75     | 0.01%             | 2027-03-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Physicians Realty LP                             | Physicians Realty LP                                                             | CUSIP: 71951QAA0<br>LEI: 549300P6Q1UMT0X60U20 | Long             | DBT              |  | US        |     20000 | PA      | $18992.60     | 0.00%             | 2027-03-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 9128285C0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1480000 | PA      | $1436640.63   | 0.19%             | 2025-09-30      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| COOPERATIEVE RABOBANK UA                         | Cooperatieve Rabobank UA                                                         | CUSIP: 74977RDP6<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |    260000 | PA      | $223116.40    | 0.03%             | 2033-04-06      | Fixed         | 3.76%                 | No            |                  2 | On Loan: No      |
| Jeld-Wen Inc                                     | JELD-WEN Inc                                                                     | CUSIP: 475795AC4<br>LEI: 549300XWE6NM0N1HFW16 | Long             | DBT              | CORP              | US        |     30000 | PA      | $25423.80     | 0.00%             | 2025-12-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                   | Home Depot Inc/The                                                               | CUSIP: 437076BC5<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     44000 | PA      | $43598.28     | 0.01%             | 2024-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 3622AAP40<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     52186 | PA      | $47893.09     | 0.01%             | 2049-04-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Owens Corning                                    | Owens Corning                                                                    | CUSIP: 690742AH4<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |     45000 | PA      | $35567.55     | 0.00%             | 2048-01-30      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Biogen Inc                                       | Biogen Inc                                                                       | CUSIP: 09062XAD5<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | DBT              | CORP              | US        |     45000 | PA      | $42905.25     | 0.01%             | 2045-09-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| INTERPUBLIC GROUP COS                            | Interpublic Group of Cos Inc/The                                                 | CUSIP: 460690BR0<br>LEI: 5493008IUOJ5VWTRC333 | Long             | DBT              | CORP              | US        |     68000 | PA      | $64332.76     | 0.01%             | 2030-03-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Asian Development Bank                           | Asian Development Bank                                                           | CUSIP: 045167CY7<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |     74000 | PA      | $70600.44     | 0.01%             | 2025-03-19      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| AFRICAN DEVELOPMENT BANK                         | African Development Bank                                                         | CUSIP: 00828EEF2<br>LEI: 549300LNCLMO3ITVCU07 | Long             | DBT              | NUSS              | XX        |    310000 | PA      | $275376.10    | 0.04%             | 2026-07-22      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                 | Crown Castle Inc                                                                 | CUSIP: 22822VAS0<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |     65000 | PA      | $59128.55     | 0.01%             | 2025-07-15      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC                           | Lumen Technologies Inc                                                           | CUSIP: 550241AA1<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |     35000 | PA      | $24734.85     | 0.00%             | 2029-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179V7E4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    206625 | PA      | $182043.77    | 0.02%             | 2051-02-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Verisk Analytics Inc                             | Verisk Analytics Inc                                                             | CUSIP: 92345YAF3<br>LEI: 549300I1YSWNIRKBWP67 | Long             | DBT              | CORP              | US        |     70000 | PA      | $66363.50     | 0.01%             | 2029-03-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| OVERSEA-CHINESE BANKING                          | Oversea-Chinese Banking Corp Ltd                                                 | CUSIP: 69033CAC3<br>LEI: 5493007O3QFXCPOGWK22 | Long             | DBT              | CORP              | SG        |     35000 | PA      | $34512.45     | 0.00%             | 2024-06-19      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| LANDWIRTSCH. RENTENBANK                          | Landwirtschaftliche Rentenbank                                                   | CUSIP: 000000000<br>LEI: 529900Z3J0N6S0F7CT25 | Long             | DBT              | CORP              | DE        |    165000 | PA      | $160843.65    | 0.02%             | 2024-01-23      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| CARRIER GLOBAL CORP                              | Carrier Global Corp                                                              | CUSIP: 14448CAR5<br>LEI: 549300JE3W6CWY2NAN77 | Long             | DBT              | CORP              | US        |    109000 | PA      | $84907.73     | 0.01%             | 2040-04-05      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| ABB Finance USA Inc                              | ABB Finance USA Inc                                                              | CUSIP: 00037BAC6<br>LEI: 5493002Y01YAFV45F528 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8918.00      | 0.00%             | 2042-05-08      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CEDAR FAIR/CAN/MAGNUM/MI                         | Cedar Fair LP / Canada's Wonderland Co / Magnum Management Corp / Millennium Op  | CUSIP: 150190AF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     85000 | PA      | $84713.55     | 0.01%             | 2025-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CLEVELAND ELECTRIC ILLUM                         | Cleveland Electric Illuminating Co/The                                           | CUSIP: 186108CL8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $70872.00     | 0.01%             | 2030-11-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                           | Brazilian Government International Bond                                          | CUSIP: 105756BR0<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    300000 | PA      | $262110.00    | 0.03%             | 2041-01-07      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| SBA COMMUNICATIONS CORP                          | SBA Communications Corp                                                          | CUSIP: 78410GAD6<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              |  | US        |    115000 | PA      | $106212.85    | 0.01%             | 2027-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| WASTE CONNECTIONS INC                            | Waste Connections Inc                                                            | CUSIP: 94106BAA9<br>LEI: 549300HDLRTPBQU69P29 | Long             | DBT              | CORP              | CA        |     60000 | PA      | $51768.60     | 0.01%             | 2030-02-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| TRAVELERS COS INC                                | Travelers Cos Inc/The                                                            | CUSIP: 89417EAJ8<br>LEI: 549300Y650407RU8B149 | Long             | DBT              | CORP              | US        |     25000 | PA      | $22551.00     | 0.00%             | 2043-08-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC      | BBCMS Mortgage Trust 2021-C11                                                    | CUSIP: 05493MAF1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $161022.48    | 0.02%             | 2054-09-15      | Fixed         | 2.32%                 | No            |                  2 | On Loan: No      |
| Ventas Realty LP                                 | Ventas Realty LP                                                                 | CUSIP: 92277GAL1<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              |  | US        |     42000 | PA      | $39704.70     | 0.01%             | 2027-04-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                         | Alexandria Real Estate Equities Inc                                              | CUSIP: 015271AH2<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              | CORP              | US        |    110000 | PA      | $107642.70    | 0.01%             | 2026-01-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Grupo Televisa SAB                               | Grupo Televisa SAB                                                               | CUSIP: 40049JAZ0<br>LEI: 549300O4AF0C816ILN62 | Long             | DBT              | CORP              | MX        |     90000 | PA      | $90480.60     | 0.01%             | 2040-01-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| BOSTON PROPERTIES LP                             | Boston Properties LP                                                             | CUSIP: 10112RBB9<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              |  | US        |     35000 | PA      | $30263.10     | 0.00%             | 2029-06-21      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| ITALY GOV'T INT BOND                             | Republic of Italy Government International Bond                                  | CUSIP: 465410BG2<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |    222000 | PA      | $216105.90    | 0.03%             | 2033-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Chubb INA Holdings Inc                           | Chubb INA Holdings Inc                                                           | CUSIP: 00440EAS6<br>LEI: CZCBJZWDMLTHWJDXU843 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14501.85     | 0.00%             | 2025-03-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| CICC HK FINANCE 2016 MTN                         | CICC Hong Kong Finance 2016 MTN Ltd                                              | CUSIP: 000000000<br>LEI: 529900N4NO8N9ILCZC31 | Long             | DBT              | CORP              | VG        |    200000 | PA      | $182642.00    | 0.02%             | 2026-01-26      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CI FINANCIAL CORP                                | CI Financial Corp                                                                | CUSIP: 125491AP5<br>LEI: 549300M9W7JJQSVCEM78 | Long             | DBT              | CORP              | CA        |    125000 | PA      | $76160.00     | 0.01%             | 2051-06-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC                                | Herc Holdings Inc                                                                | CUSIP: 42704LAA2<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    101000 | PA      | $94467.32     | 0.01%             | 2027-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| VIRTUSA CORP                                     | Virtusa Corp                                                                     | CUSIP: 92837TAA0<br>LEI: C77OMXDER63WLJCSKT03 | Long             | DBT              | CORP              | US        |     31000 | PA      | $23268.29     | 0.00%             | 2028-12-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XGG94<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    656850 | PA      | $590655.25    | 0.08%             | 2037-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                         | Intercontinental Exchange Inc                                                    | CUSIP: 45866FAT1<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4908.30      | 0.00%             | 2025-05-23      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                           | Asian Development Bank                                                           | CUSIP: 045167AZ6<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |     35000 | PA      | $39092.55     | 0.01%             | 2028-10-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VFS8<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     66000 | PA      | $59233.68     | 0.01%             | 2025-11-20      | Fixed         | 0.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X9CL7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     66050 | PA      | $61131.08     | 0.01%             | 2035-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                            | Toronto-Dominion Bank/The                                                        | CUSIP: 89114QCK2<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |     90000 | PA      | $80493.30     | 0.01%             | 2025-09-11      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Texas Instruments Inc                            | Texas Instruments Inc                                                            | CUSIP: 882508BB9<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |     41000 | PA      | $39887.26     | 0.01%             | 2024-05-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                   | Air Lease Corp                                                                   | CUSIP: 00914AAP7<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27616.50     | 0.00%             | 2024-08-18      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| Hanesbrands Inc                                  | Hanesbrands Inc                                                                  | CUSIP: 410345AL6<br>LEI: GX5LWVWZLL5S4W1L2F20 | Long             | DBT              | CORP              | US        |     68000 | PA      | $61896.32     | 0.01%             | 2026-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Kilroy Realty LP                                 | Kilroy Realty LP                                                                 | CUSIP: 49427RAM4<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              |  | US        |     10000 | PA      | $9541.70      | 0.00%             | 2024-12-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XC3V8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1864264 | PA      | $1724636.99   | 0.23%             | 2051-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VFL3<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     37000 | PA      | $29046.11     | 0.00%             | 2030-09-18      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3131XYDC0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     84963 | PA      | $79178.90     | 0.01%             | 2047-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KPLY2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     98027 | PA      | $92752.03     | 0.01%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Nutrien Ltd                                      | Nutrien Ltd                                                                      | CUSIP: 67077MAU2<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |     51000 | PA      | $46909.29     | 0.01%             | 2049-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KOMMUNALBANKEN AS                                | Kommunalbanken AS                                                                | CUSIP: 50048MCV0<br>LEI: I7ETN0QQO2AHZZGHJ389 | Long             | DBT              | NUSS              | NO        |    200000 | PA      | $162348.00    | 0.02%             | 2030-06-14      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                          | Starwood Property Trust Inc                                                      | CUSIP: 85571BAL9<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |     40000 | PA      | $38752.80     | 0.01%             | 2025-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CGI INC                                          | CGI Inc                                                                          | CUSIP: 12532HAF1<br>LEI: 549300WSRCZY73ZG3090 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $76416.00     | 0.01%             | 2031-09-14      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822BX1<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    235000 | PA      | $183292.95    | 0.02%             | 2032-07-20      | Fixed         | 2.31%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                           | NXP BV / NXP Funding LLC / NXP USA Inc                                           | CUSIP: 62954HAL2<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     25000 | PA      | $17258.50     | 0.00%             | 2042-02-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| VERTIV GROUP CORPORATION                         | Vertiv Group Corp                                                                | CUSIP: 92535UAB0<br>LEI: 549300ZT8RQ5VK10E643 | Long             | DBT              | CORP              | US        |     75000 | PA      | $64759.50     | 0.01%             | 2028-11-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| TJX COS INC                                      | TJX Cos Inc/The                                                                  | CUSIP: 872540AQ2<br>LEI: V167QI9I69W364E2DY52 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92825.00     | 0.01%             | 2026-09-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Lincoln National Corp                            | Lincoln National Corp                                                            | CUSIP: 534187BE8<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |     35000 | PA      | $33778.50     | 0.00%             | 2025-03-09      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                          | International Bank for Reconstruction & Development                              | CUSIP: 459058HJ5<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    250000 | PA      | $217990.00    | 0.03%             | 2029-10-23      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                          | Inter-American Development Bank                                                  | CUSIP: 4581X0DG0<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    106000 | PA      | $95774.18     | 0.01%             | 2029-06-18      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| KEYSIGHT TECHNOLOGIES                            | Keysight Technologies Inc                                                        | CUSIP: 49338LAF0<br>LEI: 549300GLKVIO8YRCYN02 | Long             | DBT              | CORP              | US        |     52000 | PA      | $45534.84     | 0.01%             | 2029-10-30      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| KB HOME                                          | KB Home                                                                          | CUSIP: 48666KBA6<br>LEI: 549300LGUCWQURMWLG09 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24057.25     | 0.00%             | 2030-07-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                 | Bank of Montreal                                                                 | CUSIP: 06368DH72<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |      5000 | PA      | $3804.65      | 0.00%             | 2037-01-10      | Fixed         | 3.09%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI HC CAPITAL                            | Mitsubishi HC Capital Inc                                                        | CUSIP: 60682LAF9<br>LEI: 353800MZ3QX9RLMH7B09 | Long             | DBT              | CORP              | JP        |     10000 | PA      | $9602.90      | 0.00%             | 2025-04-13      | Fixed         | 3.64%                 | No            |                  2 | On Loan: —       |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CBB6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1745000 | PA      | $1488294.15   | 0.19%             | 2027-12-31      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VFV1<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    152000 | PA      | $94717.28     | 0.01%             | 2060-11-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CNH INDUSTRIAL CAP LLC                           | CNH Industrial Capital LLC                                                       | CUSIP: 12592BAM6<br>LEI: 549300PNSJ5B81UMVO28 | Long             | DBT              | CORP              | US        |     12000 | PA      | $10594.20     | 0.00%             | 2026-07-15      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| PulteGroup Inc                                   | PulteGroup Inc                                                                   | CUSIP: 745867AW1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     44000 | PA      | $44381.04     | 0.01%             | 2026-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Videotron Ltd                                    | Videotron Ltd                                                                    | CUSIP: 92660FAG9<br>LEI: 549300LW4GNJRBECSD81 | Long             | DBT              | CORP              | CA        |     40000 | PA      | $39812.80     | 0.01%             | 2024-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XDRM0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     41771 | PA      | $35782.97     | 0.00%             | 2051-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| WMG ACQUISITION CORP                             | WMG Acquisition Corp                                                             | CUSIP: 92933BAR5<br>LEI: 549300NAS11NXI33CP80 | Long             | DBT              | CORP              | US        |    100000 | PA      | $82939.00     | 0.01%             | 2031-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| KLA CORP                                         | KLA Corp                                                                         | CUSIP: 482480AN0<br>LEI: 549300H0BF5JCG96TJ81 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50423.50     | 0.01%             | 2062-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Cooperatieve Rabobank UA                         | Cooperatieve Rabobank UA                                                         | CUSIP: 21684AAB2<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |     35000 | PA      | $33554.50     | 0.00%             | 2043-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SYNAPTICS INC                                    | Synaptics Inc                                                                    | CUSIP: 87157DAG4<br>LEI: 549300AJ3LI4FWNRQX29 | Long             | DBT              | CORP              | US        |     30000 | PA      | $25490.70     | 0.00%             | 2029-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810TH1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1300000 | PA      | $1167968.75   | 0.15%             | 2042-05-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| AUTONATION INC                                   | AutoNation Inc                                                                   | CUSIP: 05329WAS1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $55161.75     | 0.01%             | 2031-08-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| HYSAN MTN LTD                                    | Hysan MTN Ltd                                                                    | CUSIP: 000000000<br>LEI: 2549006HEQ2V3JUMNQ45 | Long             | DBT              | CORP              | VG        |    200000 | PA      | $183200.00    | 0.02%             | 2027-06-02      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                           | Standard Chartered PLC                                                           | CUSIP: 853254CG3<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    315000 | PA      | $270578.70    | 0.04%             | 2028-01-12      | Fixed         | 2.61%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                     | Comcast Corp                                                                     | CUSIP: 20030NCZ2<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    100000 | PA      | $74976.00     | 0.01%             | 2050-02-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| PITNEY BOWES INC                                 | Pitney Bowes Inc                                                                 | CUSIP: 724479AQ3<br>LEI: 549300N2O26NW4ST6W55 | Long             | DBT              | CORP              | US        |     30000 | PA      | $21427.50     | 0.00%             | 2029-03-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| VANKE REAL ESTATE HK                             | Vanke Real Estate Hong Kong Co Ltd                                               | CUSIP: 000000000<br>LEI: 25490078APAXS5NZGF08 | Long             | DBT              | CORP              | HK        |    200000 | PA      | $141852.00    | 0.02%             | 2029-11-12      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                      | BNP Paribas SA                                                                   | CUSIP: 09659W2M5<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $164970.00    | 0.02%             | 2028-09-30      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                      | Prologis LP                                                                      | CUSIP: 74340XBN0<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |     51000 | PA      | $46004.04     | 0.01%             | 2027-04-15      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822BM5<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |     40000 | PA      | $35248.40     | 0.00%             | 2029-07-18      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| BOOKING HOLDINGS INC                             | Booking Holdings Inc                                                             | CUSIP: 09857LAR9<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | DBT              | CORP              | US        |    133000 | PA      | $129959.62    | 0.02%             | 2030-04-13      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| GARDEN SPINCO CORP                               | Garden Spinco Corp                                                               | CUSIP: 365417AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $32056.50     | 0.00%             | 2030-07-20      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| CARRIER GLOBAL CORP                              | Carrier Global Corp                                                              | CUSIP: 14448CAP9<br>LEI: 549300JE3W6CWY2NAN77 | Long             | DBT              | CORP              | US        |      4000 | PA      | $3630.40      | 0.00%             | 2027-02-15      | Fixed         | 2.49%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS                         | Discovery Communications LLC                                                     | CUSIP: 25470DBF5<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |     90000 | PA      | $79278.30     | 0.01%             | 2029-05-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| LEAR CORP                                        | Lear Corp                                                                        | CUSIP: 521865BB0<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8534.70      | 0.00%             | 2030-05-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                   | Morgan Stanley                                                                   | CUSIP: 6174467Y9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     85000 | PA      | $83033.10     | 0.01%             | 2026-09-08      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| GARTNER INC                                      | Gartner Inc                                                                      | CUSIP: 366651AE7<br>LEI: PP55B5R38BFB8O8HH686 | Long             | DBT              | CORP              | US        |     60000 | PA      | $51906.60     | 0.01%             | 2030-10-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| AUTOMATIC DATA PROCESSNG                         | Automatic Data Processing Inc                                                    | CUSIP: 053015AG8<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | DBT              | CORP              | US        |     57000 | PA      | $50207.31     | 0.01%             | 2028-05-15      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| DRESDNER FNDG TRUST I                            | Dresdner Funding Trust I                                                         | CUSIP: 26156FAA1<br>LEI: 549300ZEO4BKB37E3J03 | Long             | DBT              | CORP              | US        |     80000 | PA      | $81107.20     | 0.01%             | 2031-06-30      | Fixed         | 8.15%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                          | Starwood Property Trust Inc                                                      | CUSIP: 85571BAW5<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |     35000 | PA      | $33118.40     | 0.00%             | 2024-12-31      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| PepsiCo Inc                                      | PepsiCo Inc                                                                      | CUSIP: 713448CY2<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97996.00     | 0.01%             | 2025-07-17      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ITC Holdings Corp                                | ITC Holdings Corp                                                                | CUSIP: 465685AH8<br>LEI: 549300HTO5U9D3SLE207 | Long             | DBT              | CORP              | US        |     25000 | PA      | $22899.25     | 0.00%             | 2043-07-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP                           | Aviation Capital Group LLC                                                       | CUSIP: 05369AAF8<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |     95000 | PA      | $92881.50     | 0.01%             | 2024-01-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                   | Home Depot Inc/The                                                               | CUSIP: 437076CN0<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4697.90      | 0.00%             | 2027-04-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| AHP HEALTH PARTN                                 | AHP Health Partners Inc                                                          | CUSIP: 00150LAB7<br>LEI: 549300QMM8MQ6SM5KX05 | Long             | DBT              | CORP              | US        |     20000 | PA      | $15851.00     | 0.00%             | 2029-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| MEITUAN                                          | Meituan                                                                          | CUSIP: 000000000<br>LEI: 21380033K525E5JLIA77 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $176920.00    | 0.02%             | 2025-10-28      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| RACKSPACE TECHNOLOGY                             | Rackspace Technology Global Inc                                                  | CUSIP: 750098AB1<br>LEI: 549300QTYCKLMFSE8I97 | Long             | DBT              | CORP              | US        |     40000 | PA      | $27442.40     | 0.00%             | 2028-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AIB Group PLC                                    | AIB Group PLC                                                                    | CUSIP: 00135TAB0<br>LEI: 635400AKJBGNS5WNQL34 | Long             | DBT              | CORP              | IE        |    200000 | PA      | $192602.00    | 0.03%             | 2025-04-10      | Fixed         | 4.26%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QPAY3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    569345 | PA      | $538432.91    | 0.07%             | 2052-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                              | Moody's Corp                                                                     | CUSIP: 615369AC9<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |     34000 | PA      | $33936.42     | 0.00%             | 2024-02-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                          | Romanian Government International Bond                                           | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    176000 | PA      | $141398.40    | 0.02%             | 2031-02-14      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                               | Vodafone Group PLC                                                               | CUSIP: 92857WBT6<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |     78000 | PA      | $68278.86     | 0.01%             | 2059-06-19      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                         | Celanese US Holdings LLC                                                         | CUSIP: 15089QAM6<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    105000 | PA      | $102838.05    | 0.01%             | 2027-07-15      | Fixed         | 6.17%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                         | Warnermedia Holdings Inc                                                         | CUSIP: 55903VAJ2<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    205000 | PA      | $179625.10    | 0.02%             | 2029-03-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406HCX5<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     60000 | PA      | $58447.20     | 0.01%             | 2024-09-11      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 31418DXK3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1887286 | PA      | $1557016.32   | 0.20%             | 2051-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| UBS AG LONDON                                    | UBS AG/London                                                                    | CUSIP: 902674YU8<br>LEI: BFM8T61CT2L1QCEMIK50 | Long             | DBT              | CORP              | CH        |    165000 | PA      | $152986.35    | 0.02%             | 2025-01-13      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                   | Morgan Stanley                                                                   | CUSIP: 6174468N2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    135000 | PA      | $140971.05    | 0.02%             | 2051-03-24      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| RELIANCE STAND LIFE II                           | Reliance Standard Life Global Funding II                                         | CUSIP: 75951AAP3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     15000 | PA      | $14105.85     | 0.00%             | 2025-05-07      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| ENTEGRIS ESCROW CORP                             | Entegris Escrow Corp                                                             | CUSIP: 29365BAA1<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27140.10     | 0.00%             | 2029-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                               | BMW US Capital LLC                                                               | CUSIP: 05565EBK0<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |     90000 | PA      | $88245.00     | 0.01%             | 2025-04-09      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                       | US Bancorp                                                                       | CUSIP: 91159HJD3<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |     60000 | PA      | $49639.20     | 0.01%             | 2033-01-27      | Fixed         | 2.68%                 | No            |                  2 | On Loan: No      |
| Caterpillar Inc                                  | Caterpillar Inc                                                                  | CUSIP: 149123BN0<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |    126000 | PA      | $139184.64    | 0.02%             | 2036-08-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| EnPro Industries Inc                             | EnPro Industries Inc                                                             | CUSIP: 29355XAG2<br>LEI: 549300Y5CFT2LKCFDN54 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24275.25     | 0.00%             | 2026-10-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                      | PepsiCo Inc                                                                      | CUSIP: 713448BP2<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     25000 | PA      | $26867.75     | 0.00%             | 2040-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PNC BANK NA                                      | PNC Bank NA                                                                      | CUSIP: 69349LAS7<br>LEI: AD6GFRVSDT01YPT1CS68 | Long             | DBT              | CORP              | US        |     30000 | PA      | $25414.50     | 0.00%             | 2029-10-22      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Eaton Corp                                       | Eaton Corp                                                                       | CUSIP: 278062AD6<br>LEI: 0NZWDMRCE180888QQE14 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18589.80     | 0.00%             | 2032-11-02      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Protective Life Corp                             | Protective Life Corp                                                             | CUSIP: 743674BD4<br>LEI: 549300ZWIT8J8Y2EXL07 | Long             | DBT              | CORP              | US        |     60000 | PA      | $56370.60     | 0.01%             | 2028-09-30      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822BJ2<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |     20000 | PA      | $19228.80     | 0.00%             | 2024-07-18      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CED9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    910000 | PA      | $860589.85    | 0.11%             | 2025-03-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| CI FINANCIAL CORP                                | CI Financial Corp                                                                | CUSIP: 125491AN0<br>LEI: 549300M9W7JJQSVCEM78 | Long             | DBT              | CORP              | CA        |     40000 | PA      | $30796.40     | 0.00%             | 2030-12-17      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                               | Ally Financial Inc                                                               | CUSIP: 02005NBP4<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |     40000 | PA      | $31971.20     | 0.00%             | 2028-11-02      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X6TY7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    646574 | PA      | $590286.64    | 0.08%             | 2048-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                           | Standard Chartered PLC                                                           | CUSIP: 85325WAA6<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |     20000 | PA      | $18487.00     | 0.00%             | 2026-01-30      | Fixed         | 2.82%                 | No            |                  2 | On Loan: No      |
| SEAGATE HDD CAYMAN                               | Seagate HDD Cayman                                                               | CUSIP: 81180WBD2<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |     35000 | PA      | $27429.15     | 0.00%             | 2031-01-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                   | Home Depot Inc/The                                                               | CUSIP: 437076CK6<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     45000 | PA      | $30437.10     | 0.00%             | 2051-09-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CAB7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1200000 | PA      | $1083656.26   | 0.14%             | 2025-07-31      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| BRANDYWINE OPER PARTNERS                         | Brandywine Operating Partnership LP                                              | CUSIP: 105340AQ6<br>LEI: IXBXSCONLDQ1ZI73YU71 | Long             | DBT              |  | US        |     65000 | PA      | $56925.05     | 0.01%             | 2027-11-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ARGENTINA                            | Argentine Republic Government International Bond                                 | CUSIP: 040114HS2<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |    550000 | PA      | $145090.00    | 0.02%             | 2030-07-09      | Variable      | 0.50%                 | No            |                  2 | On Loan: No      |
| SONOCO PRODUCTS CO                               | Sonoco Products Co                                                               | CUSIP: 835495AN2<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | DBT              | CORP              | US        |    185000 | PA      | $166050.45    | 0.02%             | 2027-02-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                         | Intercontinental Exchange Inc                                                    | CUSIP: 45866FAH7<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |    185000 | PA      | $159320.15    | 0.02%             | 2048-09-21      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                         | Caterpillar Financial Services Corp                                              | CUSIP: 14913R2H9<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4500.45      | 0.00%             | 2025-11-13      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QKAH1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     83767 | PA      | $74511.89     | 0.01%             | 2051-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QPA98<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    173921 | PA      | $171971.47    | 0.02%             | 2052-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TELECOM ITALIA CAPITAL                           | Telecom Italia Capital SA                                                        | CUSIP: 87927VAR9<br>LEI: 549300777DJZOR5C4L39 | Long             | DBT              | CORP              | LU        |     85000 | PA      | $70497.30     | 0.01%             | 2036-07-18      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust       | JPMBB Commercial Mortgage Securities Trust 2014-C21                              | CUSIP: 46642EAY2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     75000 | PA      | $72640.81     | 0.01%             | 2047-08-15      | Fixed         | 3.77%                 | No            |                  2 | On Loan: No      |
| INTERPUBLIC GROUP COS                            | Interpublic Group of Cos Inc/The                                                 | CUSIP: 460690BT6<br>LEI: 5493008IUOJ5VWTRC333 | Long             | DBT              | CORP              | US        |     50000 | PA      | $39562.50     | 0.01%             | 2031-03-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| BRIXMOR OPERATING PART                           | Brixmor Operating Partnership LP                                                 | CUSIP: 11120VAA1<br>LEI: 549300CJHBL7JBUA6503 | Long             | DBT              |  | US        |     40000 | PA      | $38516.80     | 0.01%             | 2025-02-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs. | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137FCJK1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    200000 | PA      | $191084.64    | 0.02%             | 2027-11-25      | Variable      | 3.30%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179WXK9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    981238 | PA      | $886916.83    | 0.12%             | 2052-02-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ACADIA HEALTHCARE CO INC                         | Acadia Healthcare Co Inc                                                         | CUSIP: 00404AAN9<br>LEI: 5493005CW985Y9D0NC11 | Long             | DBT              | CORP              | US        |     40000 | PA      | $37689.20     | 0.00%             | 2028-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PEDIATRIX MEDICAL GROUP                          | Pediatrix Medical Group Inc                                                      | CUSIP: 58502BAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     35000 | PA      | $29579.20     | 0.00%             | 2030-02-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| AMERICAN WATER CAPITAL C                         | American Water Capital Corp                                                      | CUSIP: 03040WAV7<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |     57000 | PA      | $47952.39     | 0.01%             | 2049-06-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| AMERICAN INTL GROUP                              | American International Group Inc                                                 | CUSIP: 026874DA2<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4391.40      | 0.00%             | 2044-07-16      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                          | Dell International LLC / EMC Corp                                                | CUSIP: 24703TAH9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     74000 | PA      | $76243.68     | 0.01%             | 2030-07-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Whirlpool Corp                                   | Whirlpool Corp                                                                   | CUSIP: 963320AV8<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |     40000 | PA      | $31426.00     | 0.00%             | 2046-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                     | Comcast Corp                                                                     | CUSIP: 20030NDL2<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    200000 | PA      | $131438.00    | 0.02%             | 2051-01-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP                           | Aviation Capital Group LLC                                                       | CUSIP: 05369AAH4<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73577.25     | 0.01%             | 2024-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                      | PROLOGIS LP                                                                      | CUSIP: 74340XBV2<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9392.60      | 0.00%             | 2027-12-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                         | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AF8<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |     70000 | PA      | $64782.90     | 0.01%             | 2030-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| MALAYSIA WAKALA SUKUK                            | Malaysia Wakala Sukuk Bhd                                                        | CUSIP: 000000000<br>LEI: 254900MRLMI21YQTK511 | Long             | DBT              | NUSS              | MY        |    250000 | PA      | $214567.50    | 0.03%             | 2031-04-28      | Fixed         | 2.07%                 | No            |                  2 | On Loan: No      |
| ZIGGO BOND CO BV                                 | Ziggo Bond Co BV                                                                 | CUSIP: 98953GAD7<br>LEI: 213800JYI4P7V5QDOG59 | Long             | DBT              | CORP              | NL        |     30000 | PA      | $24342.00     | 0.00%             | 2030-02-28      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CAW1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    700000 | PA      | $670714.84    | 0.09%             | 2023-11-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs. | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137B7YY9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $985396.95    | 0.13%             | 2024-01-25      | Fixed         | 3.49%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PERU                                 | Peruvian Government International Bond                                           | CUSIP: 715638DQ2<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    100000 | PA      | $60479.00     | 0.01%             | 2060-12-01      | Fixed         | 2.78%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179WQB7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    653680 | PA      | $591573.00    | 0.08%             | 2051-10-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| VMWARE INC                                       | VMware Inc                                                                       | CUSIP: 928563AJ4<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |     25000 | PA      | $21998.25     | 0.00%             | 2026-08-15      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                               | Realty Income Corp                                                               | CUSIP: 756109AZ7<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |     10000 | PA      | $8707.70      | 0.00%             | 2026-03-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CBA8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3250000 | PA      | $3098925.80   | 0.40%             | 2023-12-15      | Fixed         | 0.13%                 | No            |                  2 | On Loan: No      |
| AVALONBAY COMMUNITIES                            | AvalonBay Communities Inc                                                        | CUSIP: 053484AC5<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | DBT              |  | US        |     10000 | PA      | $8434.20      | 0.00%             | 2028-12-01      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| PepsiCo Inc                                      | PepsiCo Inc                                                                      | CUSIP: 713448DP0<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     36000 | PA      | $29714.76     | 0.00%             | 2046-10-06      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| CEDAR FAIR LP                                    | Cedar Fair LP                                                                    | CUSIP: 150190AE6<br>LEI: 549300TUVLNQQ6BVKH61 | Long             | DBT              | CORP              | US        |     35000 | PA      | $30895.20     | 0.00%             | 2029-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                          | John Deere Capital Corp                                                          | CUSIP: 24422EVL0<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     17000 | PA      | $13414.19     | 0.00%             | 2031-01-15      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X5JV6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1297808 | PA      | $1161532.61   | 0.15%             | 2049-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Invesco Finance PLC                              | Invesco Finance PLC                                                              | CUSIP: 46132FAD2<br>LEI: 549300OYQ3LAJYXXO449 | Long             | DBT              | CORP              | GB        |     69000 | PA      | $66593.28     | 0.01%             | 2026-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| AVALONBAY COMMUNITIES                            | AvalonBay Communities Inc                                                        | CUSIP: 05348EAZ2<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | DBT              | CORP              | US        |     40000 | PA      | $31332.00     | 0.00%             | 2046-10-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QGLY1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     86001 | PA      | $71070.27     | 0.01%             | 2051-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406FAC7<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    120000 | PA      | $113330.40    | 0.01%             | 2026-05-04      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc                         | Prudential Financial Inc                                                         | CUSIP: 744320AY8<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |     70000 | PA      | $56606.20     | 0.01%             | 2047-12-07      | Fixed         | 3.91%                 | No            |                  2 | On Loan: No      |
| General Mills Inc                                | General Mills Inc                                                                | CUSIP: 370334BJ2<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |     22000 | PA      | $21982.40     | 0.00%             | 2040-06-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                               | Realty Income Corp                                                               | CUSIP: 756109BK9<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |     95000 | PA      | $83438.50     | 0.01%             | 2029-12-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| HUDSON PACIFIC PROPERTIE                         | Hudson Pacific Properties LP                                                     | CUSIP: 44409MAB2<br>LEI: 5493007NTUGLGZ8T3526 | Long             | DBT              | CORP              | US        |     30000 | PA      | $26254.20     | 0.00%             | 2029-04-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                         | Univision Communications Inc                                                     | CUSIP: 914906AX0<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |     60000 | PA      | $59874.00     | 0.01%             | 2030-06-30      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Dover Corp                                       | Dover Corp                                                                       | CUSIP: 260003AF5<br>LEI: 549300FMC2ALGA7N9E80 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4978.65      | 0.00%             | 2035-10-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ERP Operating LP                                 | ERP Operating LP                                                                 | CUSIP: 26884ABJ1<br>LEI: DX5HQV5MLU50FEWZ5072 | Long             | DBT              | CORP              | US        |    142000 | PA      | $131824.28    | 0.02%             | 2028-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MCCORMICK & CO                                   | McCormick & Co Inc/MD                                                            | CUSIP: 579780AS6<br>LEI: 549300JQQA6MQ4OJP259 | Long             | DBT              | CORP              | US        |     55000 | PA      | $42878.00     | 0.01%             | 2031-02-15      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| US Bancorp                                       | US Bancorp                                                                       | CUSIP: 91159HHN3<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    220000 | PA      | $203541.80    | 0.03%             | 2026-07-22      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CDM0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1000000 | PA      | $958593.75    | 0.13%             | 2023-11-30      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| ONTARIO TEACHERS' FINANC                         | Ontario Teachers' Finance Trust                                                  | CUSIP: 68329AAJ7<br>LEI: 635400ZZE5J8OXXBBY26 | Long             | DBT              | NUSS              | CA        |    250000 | PA      | $209187.50    | 0.03%             | 2031-04-16      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| INGREDION INC                                    | Ingredion Inc                                                                    | CUSIP: 457187AD4<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | DBT              | CORP              | US        |     80000 | PA      | $60059.20     | 0.01%             | 2050-06-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 31418EAN0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    141117 | PA      | $120899.45    | 0.02%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| DEERE & COMPANY                                  | Deere & Co                                                                       | CUSIP: 244199BF1<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | DBT              | CORP              | US        |     98000 | PA      | $89121.20     | 0.01%             | 2042-06-09      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                   | Morgan Stanley                                                                   | CUSIP: 61744YAL2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    259000 | PA      | $220911.46    | 0.03%             | 2038-07-22      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| Novartis Capital Corp                            | Novartis Capital Corp                                                            | CUSIP: 66989HAG3<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14767.05     | 0.00%             | 2024-05-06      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| John Deere Capital Corp                          | John Deere Capital Corp                                                          | CUSIP: 24422ETW9<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     85000 | PA      | $78737.20     | 0.01%             | 2027-09-08      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                   | Morgan Stanley                                                                   | CUSIP: 6174468G7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    340000 | PA      | $322262.20    | 0.04%             | 2030-01-23      | Fixed         | 4.43%                 | No            |                  2 | On Loan: No      |
| AVALONBAY COMMUNITIES                            | AvalonBay Communities Inc                                                        | CUSIP: 053484AB7<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | DBT              |  | US        |      5000 | PA      | $3982.80      | 0.00%             | 2032-01-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X9FM2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     51723 | PA      | $46527.84     | 0.01%             | 2036-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| APTIV PLC / APTIV CORP                           | Aptiv PLC / Aptiv Corp                                                           | CUSIP: 00217GAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |    115000 | PA      | $86837.65     | 0.01%             | 2052-05-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                          | John Deere Capital Corp                                                          | CUSIP: 24422EVS5<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     12000 | PA      | $9817.32      | 0.00%             | 2031-06-17      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CAT8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1300000 | PA      | $1165226.57   | 0.15%             | 2025-10-31      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                         | Intercontinental Exchange Inc                                                    | CUSIP: 45866FAJ3<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |     35000 | PA      | $33370.75     | 0.00%             | 2028-09-21      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XB3V0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    225503 | PA      | $193993.51    | 0.03%             | 2051-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                   | Home Depot Inc/The                                                               | CUSIP: 437076CD2<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    117000 | PA      | $89079.12     | 0.01%             | 2050-04-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae                                                                       | CUSIP: 21H0306C3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    843000 | PA      | $761292.11    | 0.10%             | 2052-12-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PepsiCo Inc                                      | PepsiCo Inc                                                                      | CUSIP: 713448DN5<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    134000 | PA      | $125654.48    | 0.02%             | 2026-10-06      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Amgen Inc                                        | Amgen Inc                                                                        | CUSIP: 031162BK5<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     87000 | PA      | $83365.14     | 0.01%             | 2041-11-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QNWY4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1880328 | PA      | $1664322.70   | 0.22%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                           | PNC Financial Services Group Inc/The                                             | CUSIP: 693475AT2<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |     65000 | PA      | $60455.20     | 0.01%             | 2027-05-19      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KMXU4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    138585 | PA      | $114337.97    | 0.01%             | 2051-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                     | Centene Corp                                                                     | CUSIP: 15135BAX9<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    170000 | PA      | $134629.80    | 0.02%             | 2031-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MDC HOLDINGS INC                                 | MDC Holdings Inc                                                                 | CUSIP: 552676AU2<br>LEI: 5299005FV4VNV75R8R35 | Long             | DBT              | CORP              | US        |     35000 | PA      | $24852.10     | 0.00%             | 2031-01-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                                | Iron Mountain Inc                                                                | CUSIP: 46284VAF8<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |     70000 | PA      | $61831.70     | 0.01%             | 2029-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                                | Iron Mountain Inc                                                                | CUSIP: 46284VAN1<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |     80000 | PA      | $67688.00     | 0.01%             | 2031-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| RELIANCE STEEL & ALUM                            | Reliance Steel & Aluminum Co                                                     | CUSIP: 759509AF9<br>LEI: 549300E287ZOFT3C5Z56 | Long             | DBT              | CORP              | US        |    115000 | PA      | $103626.50    | 0.01%             | 2025-08-15      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                          | Oncor Electric Delivery Co LLC                                                   | CUSIP: 68233JBR4<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |    146000 | PA      | $105090.80    | 0.01%             | 2049-09-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                            | Toronto-Dominion Bank/The                                                        | CUSIP: 89114TZV7<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    245000 | PA      | $212059.75    | 0.03%             | 2032-03-10      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| PARKER-HANNIFIN CORP                             | Parker-Hannifin Corp                                                             | CUSIP: 701094AM6<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |    210000 | PA      | $201856.20    | 0.03%             | 2024-06-14      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| CADILLAC FAIRVIEW PRP TR                         | Ontario Teachers' Cadillac Fairview Properties Trust                             | CUSIP: 68327LAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    200000 | PA      | $182142.00    | 0.02%             | 2029-02-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| International Paper Co                           | International Paper Co                                                           | CUSIP: 460146CH4<br>LEI: 824LMFJDH41EY779Q875 | Long             | DBT              | CORP              | US        |     52000 | PA      | $52019.24     | 0.01%             | 2041-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TELUS Corp                                       | TELUS Corp                                                                       | CUSIP: 87971MBF9<br>LEI: L2TEUTQ8OSHMJWVLCE40 | Long             | DBT              | CORP              | CA        |    190000 | PA      | $181288.50    | 0.02%             | 2027-09-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                              | Bank of Nova Scotia/The                                                          | CUSIP: 0641593X2<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    184000 | PA      | $173449.44    | 0.02%             | 2024-04-15      | Fixed         | 0.70%                 | No            |                  2 | On Loan: No      |
| MET LIFE GLOB FUNDING I                          | Metropolitan Life Global Funding I                                               | CUSIP: 59217GER6<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |    200000 | PA      | $177616.00    | 0.02%             | 2027-01-11      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| CATALENT PHARMA SOLUTION                         | Catalent Pharma Solutions Inc                                                    | CUSIP: 14879EAE8<br>LEI: 549300HALRZ339MSTH85 | Long             | DBT              | CORP              | US        |     40000 | PA      | $38134.80     | 0.00%             | 2027-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                            | Micron Technology Inc                                                            | CUSIP: 595112BP7<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |     67000 | PA      | $64093.54     | 0.01%             | 2027-02-15      | Fixed         | 4.19%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                          | John Deere Capital Corp                                                          | CUSIP: 24422EVR7<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     47000 | PA      | $41889.22     | 0.01%             | 2026-06-17      | Fixed         | 1.05%                 | No            |                  2 | On Loan: No      |
| Carlisle Cos Inc                                 | Carlisle Cos Inc                                                                 | CUSIP: 142339AH3<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | DBT              | CORP              | US        |     49000 | PA      | $45937.99     | 0.01%             | 2027-12-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| LINDE INC/CT                                     | Linde Inc/CT                                                                     | CUSIP: 74005PBD5<br>LEI: ZU69GUVJQGZ6Z1UOOO79 | Long             | DBT              | CORP              | US        |     50000 | PA      | $41175.00     | 0.01%             | 2042-11-07      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| SYDNEY AIRPORT FINANCE                           | Sydney Airport Finance Co Pty Ltd                                                | CUSIP: 87124VAE9<br>LEI: 549300MJAANHLHOVTO40 | Long             | DBT              | CORP              | AU        |     22000 | PA      | $20897.58     | 0.00%             | 2025-04-30      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| RADIAN GROUP INC                                 | Radian Group Inc                                                                 | CUSIP: 750236AW1<br>LEI: 54930005OUP720S5U385 | Long             | DBT              | CORP              | US        |     32000 | PA      | $28948.80     | 0.00%             | 2027-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                           | Standard Chartered PLC                                                           | CUSIP: 853254CJ7<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $189078.00    | 0.02%             | 2026-03-30      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| PARK INTERMED HOLDINGS                           | Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer | CUSIP: 70052LAB9<br>LEI: N/A                  | Long             | DBT              |  | US        |     50000 | PA      | $46303.50     | 0.01%             | 2028-10-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                 | Crown Castle Inc                                                                 | CUSIP: 22822VAN1<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |     55000 | PA      | $48272.95     | 0.01%             | 2029-11-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Snap-on Inc                                      | Snap-on Inc                                                                      | CUSIP: 833034AL5<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | DBT              | CORP              | US        |     65000 | PA      | $56418.70     | 0.01%             | 2048-03-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                              | Elevance Health Inc                                                              | CUSIP: 036752AH6<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    165000 | PA      | $146198.25    | 0.02%             | 2048-03-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF COLOMBIA                             | Colombia Government International Bond                                           | CUSIP: 195325DZ5<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    200000 | PA      | $143636.00    | 0.02%             | 2032-04-22      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| HCA Inc                                          | HCA Inc                                                                          | CUSIP: 404119BV0<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    111000 | PA      | $100442.79    | 0.01%             | 2047-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE                           | VICI Properties LP / VICI Note Co Inc                                            | CUSIP: 92564RAC9<br>LEI: N/A                  | Long             | DBT              |  | US        |     55000 | PA      | $52103.15     | 0.01%             | 2025-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                               | Realty Income Corp                                                               | CUSIP: 756109AX2<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |    112000 | PA      | $98043.68     | 0.01%             | 2031-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| NORDIC INVESTMENT BANK                           | Nordic Investment Bank                                                           | CUSIP: 65562QBS3<br>LEI: 213800HYL1S7VAXG6Z48 | Long             | DBT              | NUSS              | XX        |    150000 | PA      | $139489.50    | 0.02%             | 2024-09-20      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                         | Caterpillar Financial Services Corp                                              | CUSIP: 14912L6T3<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18581.40     | 0.00%             | 2026-08-09      | Fixed         | 2.40%                 | No            |                  2 | On Loan: —       |
| UMBS, TBA                                        | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F0304C9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1575000 | PA      | $1482153.15   | 0.19%             | 2037-12-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAW5<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    215000 | PA      | $180507.55    | 0.02%             | 2028-10-29      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE LONDON                           | Credit Agricole SA/London                                                        | CUSIP: 22535WAG2<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |    230000 | PA      | $208426.00    | 0.03%             | 2026-06-16      | Fixed         | 1.91%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                      | PepsiCo Inc                                                                      | CUSIP: 713448FF0<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |      5000 | PA      | $3789.60      | 0.00%             | 2041-10-21      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CBP5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2130000 | PA      | $1859090.63   | 0.24%             | 2028-02-29      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                         | Lloyds Banking Group PLC                                                         | CUSIP: 53944YAF0<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    210000 | PA      | $205298.10    | 0.03%             | 2025-05-08      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC      | Barclays Commercial Mortgage Trust 2019-C3                                       | CUSIP: 05550MAU8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $90691.66     | 0.01%             | 2052-05-15      | Fixed         | 3.58%                 | No            |                  2 | On Loan: No      |
| REPUBLIC SERVICES INC                            | Republic Services Inc                                                            | CUSIP: 760759AX8<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |     80000 | PA      | $62320.00     | 0.01%             | 2031-02-15      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| AGRICULTURAL BK CHINA/HK                         | Agricultural Bank of China Ltd/Hong Kong                                         | CUSIP: 000000000<br>LEI: 549300E7TSGLCOVSY746 | Long             | DBT              | CORP              | CN        |    200000 | PA      | $187970.00    | 0.02%             | 2024-06-17      | Fixed         | 0.70%                 | No            |                  2 | On Loan: No      |
| Eaton Corp                                       | Eaton Corp                                                                       | CUSIP: 278062AG9<br>LEI: 0NZWDMRCE180888QQE14 | Long             | DBT              | CORP              | US        |    115000 | PA      | $107788.35    | 0.01%             | 2027-09-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810RV2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1200000 | PA      | $1007250.00   | 0.13%             | 2047-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KK3U1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     74757 | PA      | $64284.48     | 0.01%             | 2051-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                      | Prologis LP                                                                      | CUSIP: 74340XBX8<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |     26000 | PA      | $24908.00     | 0.00%             | 2028-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QMCH5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    203685 | PA      | $174426.07    | 0.02%             | 2051-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Dollar General Corp                              | Dollar General Corp                                                              | CUSIP: 256677AE5<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | DBT              | CORP              | US        |     40000 | PA      | $38532.00     | 0.01%             | 2027-04-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| WASTE MANAGEMENT INC                             | Waste Management Inc                                                             | CUSIP: 94106LBM0<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |     22000 | PA      | $14038.86     | 0.00%             | 2050-11-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Parker-Hannifin Corp                             | Parker-Hannifin Corp                                                             | CUSIP: 70109HAJ4<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |     40000 | PA      | $42041.20     | 0.01%             | 2038-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                            | Toronto-Dominion Bank/The                                                        | CUSIP: 89114QCB2<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    160000 | PA      | $156724.80    | 0.02%             | 2024-03-11      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810QW1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    250000 | PA      | $215585.94    | 0.03%             | 2042-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Lam Research Corp                                | Lam Research Corp                                                                | CUSIP: 512807AN8<br>LEI: 549300I4GMO6D34U1T02 | Long             | DBT              | CORP              | US        |     22000 | PA      | $21656.80     | 0.00%             | 2025-03-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| GRAPHIC PACKAGING INTERN                         | Graphic Packaging International LLC                                              | CUSIP: 38869PAN4<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |    110000 | PA      | $102850.00    | 0.01%             | 2024-04-15      | Fixed         | 0.82%                 | No            |                  2 | On Loan: No      |
| BLUELINX HOLDING                                 | BlueLinx Holdings Inc                                                            | CUSIP: 09624HAA7<br>LEI: 549300YSX7GU28F5I540 | Long             | DBT              | CORP              | US        |     25000 | PA      | $20168.75     | 0.00%             | 2029-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822BW3<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $185462.00    | 0.02%             | 2025-07-19      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                              | Bank of Nova Scotia/The                                                          | CUSIP: 0641593U8<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |     25000 | PA      | $22158.25     | 0.00%             | 2026-03-02      | Fixed         | 1.05%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BLDG SOCIETY                          | Nationwide Building Society                                                      | CUSIP: 63861VAE7<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |     20000 | PA      | $17446.40     | 0.00%             | 2030-07-18      | Fixed         | 3.96%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                                       | Humana Inc                                                                       | CUSIP: 444859BM3<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14854.80     | 0.00%             | 2025-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XDUC8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    382062 | PA      | $315100.04    | 0.04%             | 2051-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                          | Oncor Electric Delivery Co LLC                                                   | CUSIP: 68233JCD4<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |      5000 | PA      | $3291.95      | 0.00%             | 2051-11-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406HCS6<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     70000 | PA      | $69120.10     | 0.01%             | 2024-02-04      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                              | American Tower Corp                                                              | CUSIP: 03027XBB5<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     10000 | PA      | $9014.30      | 0.00%             | 2025-09-15      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| Macquarie Bank Ltd                               | Macquarie Bank Ltd                                                               | CUSIP: 55608PAQ7<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |    145000 | PA      | $141317.00    | 0.02%             | 2025-07-29      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| SEAGATE HDD CAYMAN                               | Seagate HDD Cayman                                                               | CUSIP: 81180WBC4<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |     30000 | PA      | $24827.70     | 0.00%             | 2029-06-01      | Fixed         | 4.09%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                              | Charles Schwab Corp/The                                                          | CUSIP: 808513BR5<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     40000 | PA      | $35664.00     | 0.00%             | 2026-05-13      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661EA1<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    100000 | PA      | $84090.00     | 0.01%             | 2031-04-01      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| John Deere Capital Corp                          | John Deere Capital Corp                                                          | CUSIP: 24422EUR8<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     12000 | PA      | $11851.56     | 0.00%             | 2024-01-10      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X8H26<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     42492 | PA      | $40222.43     | 0.01%             | 2035-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CEC1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6800000 | PA      | $6263968.78   | 0.82%             | 2027-02-28      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Kraft Heinz Foods Co                             | Kraft Heinz Foods Co                                                             | CUSIP: 42307TAH1<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |     80000 | PA      | $89986.40     | 0.01%             | 2039-08-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                   | Morgan Stanley                                                                   | CUSIP: 61747YEU5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    200000 | PA      | $190836.00    | 0.02%             | 2033-07-20      | Fixed         | 4.89%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAB1<br>LEI: 549300TI38531ODB1G63 | Long             | DBT              | CORP              | IE        |    125000 | PA      | $112766.25    | 0.01%             | 2027-07-21      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                        | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F0526C1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1675000 | PA      | $1694014.88   | 0.22%             | 2052-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PERRIGO FINANCE UNLIMITD                         | Perrigo Finance Unlimited Co                                                     | CUSIP: 714295AC6<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | IE        |     75000 | PA      | $71235.00     | 0.01%             | 2024-12-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406HCV9<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     85000 | PA      | $83413.90     | 0.01%             | 2024-05-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| AMN HEALTHCARE INC                               | AMN Healthcare Inc                                                               | CUSIP: 00175PAB9<br>LEI: 549300H27NUKBFFQEE84 | Long             | DBT              | CORP              | US        |     35000 | PA      | $32363.10     | 0.00%             | 2027-10-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 31418DZ21<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    449339 | PA      | $403675.12    | 0.05%             | 2036-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| SERVICE CORP INTL                                | Service Corp International/US                                                    | CUSIP: 817565CF9<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |     65000 | PA      | $54109.90     | 0.01%             | 2030-08-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI BANKING                          | Sumitomo Mitsui Banking Corp                                                     | CUSIP: 865622BW3<br>LEI: 5U0XI89JRFVHWIBS4F54 | Long             | DBT              | CORP              | JP        |     35000 | PA      | $33733.00     | 0.00%             | 2025-07-23      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| CLARIV SCI HLD CORP                              | Clarivate Science Holdings Corp                                                  | CUSIP: 18064PAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     65000 | PA      | $55672.50     | 0.01%             | 2029-07-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Cooperatieve Rabobank UA                         | Cooperatieve Rabobank UA                                                         | CUSIP: 21685WCJ4<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |    136000 | PA      | $139579.52    | 0.02%             | 2041-05-24      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BOSTON PROPERTIES LP                             | Boston Properties LP                                                             | CUSIP: 10112RBF0<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              |  | US        |     85000 | PA      | $62564.25     | 0.01%             | 2033-10-01      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| PROGRESSIVE CORP                                 | Progressive Corp/The                                                             | CUSIP: 743315AL7<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |     68000 | PA      | $74916.28     | 0.01%             | 2032-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| KILROY REALTY LP                                 | Kilroy Realty LP                                                                 | CUSIP: 49427RAP7<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              |  | US        |     10000 | PA      | $8119.30      | 0.00%             | 2030-02-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| PROGRESSIVE CORP                                 | Progressive Corp/The                                                             | CUSIP: 743315AP8<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |     15000 | PA      | $13030.95     | 0.00%             | 2044-04-25      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| SHINHAN BANK                                     | Shinhan Bank Co Ltd                                                              | CUSIP: 82460EAJ9<br>LEI: 5493003P813VL21KG928 | Long             | DBT              | CORP              | KR        |    200000 | PA      | $187728.00    | 0.02%             | 2026-03-24      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CBH3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3770000 | PA      | $3362368.75   | 0.44%             | 2026-01-31      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| RESIDEO FUNDING INC                              | Resideo Funding Inc                                                              | CUSIP: 76119LAB7<br>LEI: 5493000IFJ6XJKH66598 | Long             | DBT              | CORP              | US        |     25000 | PA      | $19795.25     | 0.00%             | 2029-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VeriSign Inc                                     | VeriSign Inc                                                                     | CUSIP: 92343EAH5<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | DBT              | CORP              | US        |     80000 | PA      | $80124.00     | 0.01%             | 2025-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| JACKSON FINANCIAL INC                            | Jackson Financial Inc                                                            | CUSIP: 46817MAL1<br>LEI: 213800WXW2KG1N4CO374 | Long             | DBT              | CORP              | US        |    160000 | PA      | $123777.60    | 0.02%             | 2031-11-23      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| ROPER TECHNOLOGIES INC                           | Roper Technologies Inc                                                           | CUSIP: 776743AH9<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |     97000 | PA      | $92911.45     | 0.01%             | 2024-09-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179VVY3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    565961 | PA      | $498871.57    | 0.07%             | 2050-10-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| John Deere Capital Corp                          | John Deere Capital Corp                                                          | CUSIP: 24422EUU1<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     22000 | PA      | $20674.72     | 0.00%             | 2029-03-07      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CDH1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5150000 | PA      | $4801771.47   | 0.63%             | 2024-11-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PERU                                 | Peruvian Government International Bond                                           | CUSIP: 715638DU3<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    200000 | PA      | $163740.00    | 0.02%             | 2034-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| WASTE MANAGEMENT INC                             | Waste Management Inc                                                             | CUSIP: 94106LBP3<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |     12000 | PA      | $9508.80      | 0.00%             | 2031-03-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC                              | Sirius XM Radio Inc                                                              | CUSIP: 82967NBL1<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |     65000 | PA      | $58795.10     | 0.01%             | 2026-09-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 31418DHD7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     45238 | PA      | $41944.88     | 0.01%             | 2034-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CONSENSUS CLOUD SOLUTION                         | Consensus Cloud Solutions Inc                                                    | CUSIP: 20848VAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     25000 | PA      | $23195.75     | 0.00%             | 2026-10-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| REGENERON PHARMACEUTICAL                         | Regeneron Pharmaceuticals Inc                                                    | CUSIP: 75886FAF4<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | DBT              | CORP              | US        |     91000 | PA      | $58278.22     | 0.01%             | 2050-09-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                   | Morgan Stanley                                                                   | CUSIP: 6174468J1<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     60000 | PA      | $57216.00     | 0.01%             | 2025-07-22      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL LFE GLB FND II                         | Principal Life Global Funding II                                                 | CUSIP: 74256LBG3<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |     71000 | PA      | $60132.03     | 0.01%             | 2029-09-16      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| American Tower Corp                              | American Tower Corp                                                              | CUSIP: 03027XAR1<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     54000 | PA      | $49777.20     | 0.01%             | 2028-01-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                   | Morgan Stanley                                                                   | CUSIP: 61747YEB7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     50000 | PA      | $47015.00     | 0.01%             | 2025-01-22      | Fixed         | 0.79%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                         | European Investment Bank                                                         | CUSIP: 298785JH0<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    334000 | PA      | $265887.38    | 0.03%             | 2030-09-23      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810SZ2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3150000 | PA      | $2141015.63   | 0.28%             | 2051-08-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 31418D3H3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    251610 | PA      | $215756.80    | 0.03%             | 2051-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QGLT2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     42217 | PA      | $34977.41     | 0.00%             | 2051-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BLACK KNIGHT INFOSERV LL                         | Black Knight InfoServ LLC                                                        | CUSIP: 092174AA9<br>LEI: 549300H5PS5C68DAUX66 | Long             | DBT              | CORP              | US        |     65000 | PA      | $58442.80     | 0.01%             | 2028-09-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                                        | Block Inc                                                                        | CUSIP: 852234AP8<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |     75000 | PA      | $60908.25     | 0.01%             | 2031-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| RHP HOTEL PPTY/RHP FINAN                         | RHP Hotel Properties LP / RHP Finance Corp                                       | CUSIP: 749571AG0<br>LEI: N/A                  | Long             | DBT              |  | US        |     50000 | PA      | $43920.50     | 0.01%             | 2029-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| International Paper Co                           | International Paper Co                                                           | CUSIP: 460146CM3<br>LEI: 824LMFJDH41EY779Q875 | Long             | DBT              | CORP              | US        |     60000 | PA      | $58534.80     | 0.01%             | 2035-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| BANK OF NY MELLON CORP                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406HDA4<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    110000 | PA      | $106275.40    | 0.01%             | 2025-02-24      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Teleflex Inc                                     | Teleflex Inc                                                                     | CUSIP: 879369AF3<br>LEI: UUL85LWXB4NGSWWXIQ25 | Long             | DBT              | CORP              | US        |     40000 | PA      | $37802.80     | 0.00%             | 2027-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Bank of Montreal                                 | Bank of Montreal                                                                 | CUSIP: 06368BQ68<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    158000 | PA      | $154536.64    | 0.02%             | 2028-10-05      | Fixed         | 4.34%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE TECH LLC                               | CommScope Technologies LLC                                                       | CUSIP: 20338HAB9<br>LEI: M4TWC4QDOKW45N7T6Y12 | Long             | DBT              | CORP              | US        |     60000 | PA      | $45855.60     | 0.01%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| GATX Corp                                        | GATX Corp                                                                        | CUSIP: 361448BA0<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18199.60     | 0.00%             | 2028-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TRAVELERS COS INC                                | Travelers Cos Inc/The                                                            | CUSIP: 89417EAH2<br>LEI: 549300Y650407RU8B149 | Long             | DBT              | CORP              | US        |     80000 | PA      | $80895.20     | 0.01%             | 2040-11-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133ALJP4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     88837 | PA      | $73356.10     | 0.01%             | 2051-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| AMC ENTERTAINMENT HLDGS                          | AMC Entertainment Holdings Inc                                                   | CUSIP: 00165CBA1<br>LEI: 549300ZO77UNR6NRBR11 | Long             | DBT              | CORP              | US        |     75000 | PA      | $42798.75     | 0.01%             | 2029-02-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| AIR PRODUCTS & CHEMICALS                         | Air Products and Chemicals Inc                                                   | CUSIP: 009158AV8<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | DBT              | CORP              | US        |     55000 | PA      | $53833.45     | 0.01%             | 2024-07-31      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC                         | Builders FirstSource Inc                                                         | CUSIP: 12008RAN7<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |     40000 | PA      | $35474.00     | 0.00%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL FINANCIAL GRP                          | Principal Financial Group Inc                                                    | CUSIP: 74251VAM4<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | DBT              | CORP              | US        |     35000 | PA      | $32758.25     | 0.00%             | 2026-11-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Caterpillar Inc                                  | Caterpillar Inc                                                                  | CUSIP: 149123CB5<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |     30000 | PA      | $26193.90     | 0.00%             | 2042-08-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                               | VICI Properties LP                                                               | CUSIP: 925650AE3<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              |  | US        |     25000 | PA      | $22620.00     | 0.00%             | 2052-05-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132A5GA7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     89849 | PA      | $81196.16     | 0.01%             | 2046-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XA2H4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    796640 | PA      | $765814.78    | 0.10%             | 2049-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BLDG SOCIETY                          | Nationwide Building Society                                                      | CUSIP: 638602BP6<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |    260000 | PA      | $250679.00    | 0.03%             | 2025-07-21      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                          | John Deere Capital Corp                                                          | CUSIP: 24422EVF3<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     75000 | PA      | $67152.75     | 0.01%             | 2027-03-09      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Republic of Kazakhstan                           | Kazakhstan Government International Bond                                         | CUSIP: 000000000<br>LEI: 5493007OEK8EF02UO833 | Long             | DBT              | NUSS              | KZ        |    200000 | PA      | $207820.00    | 0.03%             | 2025-07-21      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| WRKCo Inc                                        | WRKCo Inc                                                                        | CUSIP: 96145DAF2<br>LEI: 549300JEB576INN13W07 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29097.00     | 0.00%             | 2025-03-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Conagra Brands Inc                               | Conagra Brands Inc                                                               | CUSIP: 205887CD2<br>LEI: 54930035UDEIH090K650 | Long             | DBT              | CORP              | US        |     93000 | PA      | $89209.32     | 0.01%             | 2038-11-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| TRAVELERS COS INC                                | Travelers Cos Inc/The                                                            | CUSIP: 89417EAK5<br>LEI: 549300Y650407RU8B149 | Long             | DBT              | CORP              | US        |     60000 | PA      | $51015.60     | 0.01%             | 2045-08-25      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Steel Dynamics Inc                               | Steel Dynamics Inc                                                               | CUSIP: 858119BF6<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29634.30     | 0.00%             | 2026-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HP INC                                           | HP Inc                                                                           | CUSIP: 40434LAK1<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | DBT              | CORP              | US        |     35000 | PA      | $32050.90     | 0.00%             | 2029-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| XYLEM INC                                        | Xylem Inc/NY                                                                     | CUSIP: 98419MAK6<br>LEI: 549300DF5MV96DRYLQ48 | Long             | DBT              | CORP              | US        |     47000 | PA      | $40246.10     | 0.01%             | 2046-11-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| LANDWIRTSCH. RENTENBANK                          | Landwirtschaftliche Rentenbank                                                   | CUSIP: 515110BX1<br>LEI: 529900Z3J0N6S0F7CT25 | Long             | DBT              | CORP              | DE        |    240000 | PA      | $218964.00    | 0.03%             | 2025-05-27      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| MOLINA HEALTHCARE INC                            | Molina Healthcare Inc                                                            | CUSIP: 60855RAJ9<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |     60000 | PA      | $54439.80     | 0.01%             | 2028-06-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| PROVINCE OF ALBERTA                              | Province of Alberta Canada                                                       | CUSIP: 013051EM5<br>LEI: LQPXMHHNJKIPJYE53543 | Long             | DBT              | NUSS              | CA        |    225000 | PA      | $182571.75    | 0.02%             | 2030-07-22      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| UBS AG LONDON                                    | UBS AG/London                                                                    | CUSIP: 902674YH7<br>LEI: BFM8T61CT2L1QCEMIK50 | Long             | DBT              | CORP              | CH        |    110000 | PA      | $96351.20     | 0.01%             | 2026-06-01      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| WP CAREY INC                                     | WP Carey Inc                                                                     | CUSIP: 92936UAF6<br>LEI: 54930042CRNE713E3Q67 | Long             | DBT              |  | US        |     10000 | PA      | $9032.30      | 0.00%             | 2029-07-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                          | Oncor Electric Delivery Co LLC                                                   | CUSIP: 68233JAT1<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4638.60      | 0.00%             | 2041-12-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| ITC HOLDINGS CORP                                | ITC Holdings Corp                                                                | CUSIP: 465685AQ8<br>LEI: 549300HTO5U9D3SLE207 | Long             | DBT              | CORP              | US        |     81000 | PA      | $68794.92     | 0.01%             | 2030-05-14      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                               | BMW US Capital LLC                                                               | CUSIP: 05565EBW4<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |     25000 | PA      | $21953.75     | 0.00%             | 2026-08-12      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                         | Lloyds Banking Group PLC                                                         | CUSIP: 53944YAE3<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    255000 | PA      | $186909.90    | 0.02%             | 2048-01-09      | Fixed         | 4.34%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                         | Intercontinental Exchange Inc                                                    | CUSIP: 45866FAL8<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |    115000 | PA      | $80370.05     | 0.01%             | 2050-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ADOBE INC                                        | Adobe Inc                                                                        | CUSIP: 00724PAD1<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | DBT              | CORP              | US        |     81000 | PA      | $69856.02     | 0.01%             | 2030-02-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Republic of Colombia                             | Colombia Government International Bond                                           | CUSIP: 195325DP7<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    200000 | PA      | $171976.00    | 0.02%             | 2029-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                          | Dell International LLC / EMC Corp                                                | CUSIP: 24703TAJ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    116000 | PA      | $133947.52    | 0.02%             | 2036-07-15      | Fixed         | 8.10%                 | No            |                  2 | On Loan: No      |
| SOTHEBY'S                                        | Sotheby's                                                                        | CUSIP: 835898AH0<br>LEI: 549300P5BAAMQQ7VL735 | Long             | DBT              | CORP              | US        |     55000 | PA      | $53833.45     | 0.01%             | 2027-10-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: —       |
| CROWN CASTLE INC                                 | Crown Castle Inc                                                                 | CUSIP: 22822VAT8<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |     67000 | PA      | $54234.49     | 0.01%             | 2031-01-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| JAMES HARDIE INTL FIN                            | James Hardie International Finance DAC                                           | CUSIP: 47032FAB5<br>LEI: 635400G32A4Q1LVQ8M88 | Long             | DBT              | CORP              | IE        |     25000 | PA      | $23067.75     | 0.00%             | 2028-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CANADA GOVERNMENT                                | Canada Government International Bond                                             | CUSIP: 427028AB1<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |    130000 | PA      | $116057.50    | 0.02%             | 2026-05-19      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| BAXTER INTERNATIONAL INC                         | Baxter International Inc                                                         | CUSIP: 071813CV9<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |    100000 | PA      | $67252.00     | 0.01%             | 2051-12-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179UCC4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    100935 | PA      | $100030.24    | 0.01%             | 2048-09-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                     | Broadcom Inc                                                                     | CUSIP: 11135FBK6<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    210000 | PA      | $169961.40    | 0.02%             | 2033-04-15      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                         | Marsh & McLennan Cos Inc                                                         | CUSIP: 571748BG6<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |     72000 | PA      | $70276.32     | 0.01%             | 2029-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Ryder System Inc                                 | Ryder System Inc                                                                 | CUSIP: 78355HKL2<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |     80000 | PA      | $78313.60     | 0.01%             | 2024-03-18      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179WP85<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    183200 | PA      | $148104.38    | 0.02%             | 2051-10-20      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CAU5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    230000 | PA      | $195805.47    | 0.03%             | 2027-10-31      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| DANA INC                                         | Dana Inc                                                                         | CUSIP: 235825AF3<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |     35000 | PA      | $32218.90     | 0.00%             | 2027-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BORGWARNER INC                                   | BorgWarner Inc                                                                   | CUSIP: 099724AL0<br>LEI: 549300DSFX2IE88NSX47 | Long             | DBT              | CORP              | US        |    235000 | PA      | $211720.90    | 0.03%             | 2027-07-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Voya Financial Inc                               | Voya Financial Inc                                                               | CUSIP: 45685EAJ5<br>LEI: 549300T065Z4KJ686G75 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28053.00     | 0.00%             | 2043-07-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DWC27<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    328196 | PA      | $281169.98    | 0.04%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Belo Corp                                        | Belo Corp                                                                        | CUSIP: 080555AF2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     20000 | PA      | $19378.80     | 0.00%             | 2027-09-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| STEEL DYNAMICS INC                               | Steel Dynamics Inc                                                               | CUSIP: 858119BN9<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | DBT              | CORP              | US        |     60000 | PA      | $50391.60     | 0.01%             | 2027-10-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| ARCOSA INC                                       | Arcosa Inc                                                                       | CUSIP: 039653AA8<br>LEI: 549300WFHLTCZV7D6V29 | Long             | DBT              | CORP              | US        |     30000 | PA      | $26131.20     | 0.00%             | 2029-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| COOPER-STANDARD AUTOMOTI                         | Cooper-Standard Automotive Inc                                                   | CUSIP: 216762AF1<br>LEI: ITCH5B3Q4RTX2PH9UN62 | Long             | DBT              | CORP              | US        |     20000 | PA      | $8412.80      | 0.00%             | 2026-11-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| Synovus Financial Corp                           | Synovus Financial Corp                                                           | CUSIP: 87161CAM7<br>LEI: 549300EIUS8UN5JTLE54 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24519.25     | 0.00%             | 2029-02-07      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Waste Connections Inc                            | Waste Connections Inc                                                            | CUSIP: 941053AH3<br>LEI: 549300HDLRTPBQU69P29 | Long             | DBT              | CORP              | CA        |     70000 | PA      | $67679.50     | 0.01%             | 2028-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                          | Romanian Government International Bond                                           | CUSIP: 77586TAD8<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     76000 | PA      | $75851.80     | 0.01%             | 2024-01-22      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| WW GRAINGER INC                                  | WW Grainger Inc                                                                  | CUSIP: 384802AE4<br>LEI: 549300TWZSP6O1IH2V34 | Long             | DBT              | CORP              | US        |    220000 | PA      | $207050.80    | 0.03%             | 2025-02-15      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| Applied Materials Inc                            | Applied Materials Inc                                                            | CUSIP: 038222AG0<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | DBT              | CORP              | US        |     69000 | PA      | $76396.11     | 0.01%             | 2041-06-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| EBAY INC                                         | eBay Inc                                                                         | CUSIP: 278642AW3<br>LEI: OML71K8X303XQONU6T67 | Long             | DBT              | CORP              | US        |    112000 | PA      | $95453.12     | 0.01%             | 2030-03-11      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Target Corp                                      | Target Corp                                                                      | CUSIP: 87612EBF2<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |    115000 | PA      | $91284.70     | 0.01%             | 2046-04-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179VXX3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    462800 | PA      | $395556.56    | 0.05%             | 2050-11-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs. | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137FWG79<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     50000 | PA      | $40384.95     | 0.01%             | 2030-06-25      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                          | Inter-American Development Bank                                                  | CUSIP: 4581X0DS4<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    110000 | PA      | $89109.90     | 0.01%             | 2031-01-13      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CBC4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1560000 | PA      | $1396809.38   | 0.18%             | 2025-12-31      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| KONINKIJKE AHOLD DLHAIZE                         | Koninklijke Ahold Delhaize NV                                                    | CUSIP: 24668PAE7<br>LEI: 724500C9GNBV20UYRX36 | Long             | DBT              | CORP              | NL        |     35000 | PA      | $35620.20     | 0.00%             | 2040-10-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: —       |
| Republic of South Africa                         | Republic of South Africa Government International Bond                           | CUSIP: 836205AT1<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    200000 | PA      | $196116.00    | 0.03%             | 2026-04-14      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| ELEVANCE HEALTH INC                              | Elevance Health Inc                                                              | CUSIP: 036752AD5<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     60000 | PA      | $52288.20     | 0.01%             | 2047-12-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Vodafone Group PLC                               | Vodafone Group PLC                                                               | CUSIP: 92857WBK5<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    252000 | PA      | $249434.64    | 0.03%             | 2028-05-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| LABORATORY CORP OF AMER                          | Laboratory Corp of America Holdings                                              | CUSIP: 50540RAU6<br>LEI: OZ7UA8IXAIFILY2VZH07 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4758.70      | 0.00%             | 2027-09-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X8MH7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    371620 | PA      | $319859.88    | 0.04%             | 2050-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                          | Inter-American Development Bank                                                  | CUSIP: 4581X0CE6<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |     79000 | PA      | $79669.92     | 0.01%             | 2044-01-24      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| PERKINELMER INC                                  | PerkinElmer Inc                                                                  | CUSIP: 714046AN9<br>LEI: 549300IKL1SDPFI7N655 | Long             | DBT              | CORP              | US        |     75000 | PA      | $59316.75     | 0.01%             | 2031-09-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| FEDERAL REALTY INVS TRST                         | Federal Realty Investment Trust                                                  | CUSIP: 313747AV9<br>LEI: 549300LI6XZ51GOCJ427 | Long             | DBT              |  | US        |     20000 | PA      | $16018.20     | 0.00%             | 2044-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MAY6<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     20000 | PA      | $18404.60     | 0.00%             | 2028-01-17      | Fixed         | 3.54%                 | No            |                  2 | On Loan: No      |
| ABN AMRO Bank NV                                 | ABN AMRO Bank NV                                                                 | CUSIP: 00084DAL4<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $191222.00    | 0.02%             | 2026-04-18      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| FIRST REPUBLIC BANK                              | First Republic Bank/CA                                                           | CUSIP: 33616CAB6<br>LEI: YWC0TIKBQM2JV8L4IV08 | Long             | DBT              | CORP              | US        |     40000 | PA      | $31016.00     | 0.00%             | 2046-08-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Host Hotels & Resorts LP                         | Host Hotels & Resorts LP                                                         | CUSIP: 44107TAX4<br>LEI: FXB7X4WXVA8QPMNOGS12 | Long             | DBT              |  | US        |     45000 | PA      | $43828.65     | 0.01%             | 2024-04-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Zoetis Inc                                       | Zoetis Inc                                                                       | CUSIP: 98978VAP8<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |     50000 | PA      | $44003.50     | 0.01%             | 2048-08-20      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| PPL ELECTRIC UTILITIES                           | PPL Electric Utilities Corp                                                      | CUSIP: 69351UAW3<br>LEI: 549300GCZLSGYEYPIR35 | Long             | DBT              | CORP              | US        |     65000 | PA      | $44421.65     | 0.01%             | 2049-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ZIONS BANCORP NA                                 | Zions Bancorp NA                                                                 | CUSIP: 98971DAB6<br>LEI: 8WH0EE09O9V05QJZ3V89 | Long             | DBT              | CORP              | US        |     15000 | PA      | $12473.25     | 0.00%             | 2029-10-29      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE                           | VICI Properties LP / VICI Note Co Inc                                            | CUSIP: 92564RAE5<br>LEI: N/A                  | Long             | DBT              |  | US        |    140000 | PA      | $122341.80    | 0.02%             | 2030-08-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| KASIKORNBANK PCL HK                              | Kasikornbank PCL/Hong Kong                                                       | CUSIP: 000000000<br>LEI: 5493004COSQ54937AW41 | Long             | DBT              | CORP              | TH        |    200000 | PA      | $173702.00    | 0.02%             | 2031-10-02      | Fixed         | 3.34%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132D6BH2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    160812 | PA      | $140709.10    | 0.02%             | 2037-02-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Toyota Auto Receivables Owner Trust              | Toyota Auto Receivables 2021-B Owner Trust                                       | CUSIP: 89190GAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     75000 | PA      | $67793.41     | 0.01%             | 2026-10-15      | Fixed         | 0.53%                 | No            |                  2 | On Loan: No      |
| KONTOOR BRANDS INC                               | Kontoor Brands Inc                                                               | CUSIP: 50050NAA1<br>LEI: 549300M0CPXV65RFF271 | Long             | DBT              | CORP              | US        |     35000 | PA      | $28941.15     | 0.00%             | 2029-11-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                   | Morgan Stanley                                                                   | CUSIP: 6174468R3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     70000 | PA      | $64060.50     | 0.01%             | 2025-10-21      | Fixed         | 0.86%                 | No            |                  2 | On Loan: No      |
| CAMDEN PROPERTY TRUST                            | Camden Property Trust                                                            | CUSIP: 133131AZ5<br>LEI: 5493002MYX22OHYJBD89 | Long             | DBT              |  | US        |     16000 | PA      | $13819.52     | 0.00%             | 2030-05-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                              | Moody's Corp                                                                     | CUSIP: 615369AQ8<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |     24000 | PA      | $22087.92     | 0.00%             | 2048-12-17      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                         | Lloyds Banking Group PLC                                                         | CUSIP: 53944YAD5<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $233097.50    | 0.03%             | 2027-01-11      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| API GROUP DE INC                                 | APi Group DE Inc                                                                 | CUSIP: 001877AA7<br>LEI: 549300XP4G7B4QYA0G83 | Long             | DBT              | CORP              | US        |     26000 | PA      | $21637.72     | 0.00%             | 2029-07-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| CLEARWATER PAPER CORP                            | Clearwater Paper Corp                                                            | CUSIP: 18538RAJ2<br>LEI: 549300HCVV19GXN4P292 | Long             | DBT              | CORP              | US        |     20000 | PA      | $17694.80     | 0.00%             | 2028-08-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                 | Coca-Cola Co/The                                                                 | CUSIP: 191216DD9<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |     95000 | PA      | $80560.95     | 0.01%             | 2028-03-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| ERP OPERATING LP                                 | ERP Operating LP                                                                 | CUSIP: 26884ABM4<br>LEI: DX5HQV5MLU50FEWZ5072 | Long             | DBT              |  | US        |     47000 | PA      | $39446.16     | 0.01%             | 2030-02-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES   | BlackRock Cash Funds: Treasury, SL Agency Shares                                 | CUSIP: 066922477<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |  41160000 | NS      | $41160000.00  | 5.37%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLIED MATERIALS INC                            | Applied Materials Inc                                                            | CUSIP: 038222AN5<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | DBT              | CORP              | US        |     92000 | PA      | $76038.92     | 0.01%             | 2030-06-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS ENTERTAINMENT                          | Six Flags Entertainment Corp                                                     | CUSIP: 83001AAB8<br>LEI: 549300JYTDUAA4JQ3717 | Long             | DBT              | CORP              | US        |     80000 | PA      | $77789.60     | 0.01%             | 2024-07-31      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RAV9<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4369.60      | 0.00%             | 2026-10-15      | Fixed         | 1.05%                 | No            |                  2 | On Loan: No      |
| MET LIFE GLOB FUNDING I                          | Metropolitan Life Global Funding I                                               | CUSIP: 59217GGV5<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |     35000 | PA      | $33281.85     | 0.00%             | 2024-01-07      | Fixed         | 0.40%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                         | Marsh & McLennan Cos Inc                                                         | CUSIP: 571748AZ5<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |     91000 | PA      | $88678.59     | 0.01%             | 2026-03-14      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| DUBAI DOF SUKUK LTD                              | Dubai DOF Sukuk Ltd                                                              | CUSIP: 000000000<br>LEI: 549300FL2U4Z16IJI576 | Long             | DBT              | NUSS              | KY        |    200000 | PA      | $177336.00    | 0.02%             | 2030-09-09      | Fixed         | 2.76%                 | No            |                  2 | On Loan: No      |
| QUALCOMM INC                                     | QUALCOMM Inc                                                                     | CUSIP: 747525BP7<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |    205000 | PA      | $160125.50    | 0.02%             | 2032-05-20      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Realty Income Corp                               | Realty Income Corp                                                               | CUSIP: 756109AU8<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |     40000 | PA      | $37522.80     | 0.00%             | 2028-01-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Air Lease Corp                                   | Air Lease Corp                                                                   | CUSIP: 00914AAB8<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14119.95     | 0.00%             | 2026-06-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Republic of Panama                               | Panama Government International Bond                                             | CUSIP: 698299AD6<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |     35000 | PA      | $40882.80     | 0.01%             | 2027-09-30      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| HCA Inc                                          | HCA Inc                                                                          | CUSIP: 404119BU2<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    148000 | PA      | $142328.64    | 0.02%             | 2027-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                      | PepsiCo Inc                                                                      | CUSIP: 713448EV6<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     40000 | PA      | $35872.80     | 0.00%             | 2060-03-19      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc                         | Prudential Financial Inc                                                         | CUSIP: 74432QAQ8<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |     62000 | PA      | $63895.96     | 0.01%             | 2036-12-14      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| HCA Inc                                          | HCA Inc                                                                          | CUSIP: 404119BT5<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    120000 | PA      | $119082.00    | 0.02%             | 2026-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PPL ELECTRIC UTILITIES                           | PPL Electric Utilities Corp                                                      | CUSIP: 69351UAU7<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | DBT              | CORP              | US        |     65000 | PA      | $53689.35     | 0.01%             | 2047-06-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Roper Technologies Inc                           | Roper Technologies Inc                                                           | CUSIP: 776743AF3<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14489.10     | 0.00%             | 2028-09-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Corning Inc                                      | Corning Inc                                                                      | CUSIP: 219350BK0<br>LEI: 549300X2937PB0CJ7I56 | Long             | DBT              | CORP              | US        |     31000 | PA      | $29024.68     | 0.00%             | 2048-11-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| YUM! BRANDS INC                                  | Yum! Brands Inc                                                                  | CUSIP: 988498AR2<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |     70000 | PA      | $64778.00     | 0.01%             | 2032-04-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| DANAHER CORP                                     | Danaher Corp                                                                     | CUSIP: 235851AV4<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | DBT              | CORP              | US        |     50000 | PA      | $33163.00     | 0.00%             | 2050-10-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                 | Coca-Cola Co/The                                                                 | CUSIP: 191216DJ6<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |     20000 | PA      | $17430.00     | 0.00%             | 2028-03-05      | Fixed         | 1.50%                 | No            |                  2 | On Loan: —       |
| ERAC USA Finance LLC                             | ERAC USA Finance LLC                                                             | CUSIP: 26884TAN2<br>LEI: LTKX5ODQW6Z7BQ2K1V47 | Long             | DBT              | CORP              | US        |     70000 | PA      | $57113.70     | 0.01%             | 2045-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FUNDING LLC                           | NXP BV / NXP Funding LLC                                                         | CUSIP: 62947QBC1<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     89000 | PA      | $89294.59     | 0.01%             | 2028-12-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| INTL FLAVOR & FRAGRANCES                         | International Flavors & Fragrances Inc                                           | CUSIP: 459506AK7<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14149.80     | 0.00%             | 2028-09-26      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| GRAY TELEVISION INC                              | Gray Television Inc                                                              | CUSIP: 389375AL0<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |     60000 | PA      | $44419.20     | 0.01%             | 2030-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cliffs Inc                             | Cleveland-Cliffs Inc                                                             | CUSIP: 18683KAC5<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16462.20     | 0.00%             | 2040-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| TRUIST BANK                                      | Truist Bank                                                                      | CUSIP: 89788JAA7<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |     40000 | PA      | $37073.60     | 0.00%             | 2025-03-10      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC                             | Keurig Dr Pepper Inc                                                             | CUSIP: 49271VAL4<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |     60000 | PA      | $56741.40     | 0.01%             | 2024-03-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| SMITHFIELD FOODS INC                             | Smithfield Foods Inc                                                             | CUSIP: 832248BC1<br>LEI: CVTIPZRZJC0JQEZLL598 | Long             | DBT              | CORP              | US        |     47000 | PA      | $36258.15     | 0.00%             | 2030-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DMRV9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    187970 | PA      | $169136.58    | 0.02%             | 2050-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MCC2<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     10000 | PA      | $9487.90      | 0.00%             | 2024-01-12      | Fixed         | 0.51%                 | No            |                  2 | On Loan: No      |
| SWISS RE FINANCE LUX                             | Swiss Re Finance Luxembourg SA                                                   | CUSIP: 87089NAA8<br>LEI: 549300CLQZ6TM98LW631 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $178080.00    | 0.02%             | 2049-04-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAP LLC/C                         | Outfront Media Capital LLC / Outfront Media Capital Corp                         | CUSIP: 69007TAD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     35000 | PA      | $34835.15     | 0.00%             | 2025-06-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ALLSTATE CORP                                    | Allstate Corp/The                                                                | CUSIP: 020002BG5<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |     32000 | PA      | $25288.32     | 0.00%             | 2049-08-10      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MAC4<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    125000 | PA      | $120510.00    | 0.02%             | 2026-03-09      | Fixed         | 3.78%                 | No            |                  2 | On Loan: No      |
| KLA CORP                                         | KLA Corp                                                                         | CUSIP: 482480AL4<br>LEI: 549300H0BF5JCG96TJ81 | Long             | DBT              | CORP              | US        |    205000 | PA      | $203370.25    | 0.03%             | 2032-07-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| JAPAN INT'L COOP AGENCY                          | Japan International Cooperation Agency                                           | CUSIP: 47109LAC8<br>LEI: 254900XEIG78M2AJB031 | Long             | DBT              | NUSS              | JP        |    200000 | PA      | $189592.00    | 0.02%             | 2028-06-12      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CFC0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1000000 | PA      | $933437.50    | 0.12%             | 2029-07-31      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                          | Inter-American Development Bank                                                  | CUSIP: 4581X0DF2<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    127000 | PA      | $124306.33    | 0.02%             | 2024-01-16      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Keurig Dr Pepper Inc                             | Keurig Dr Pepper Inc                                                             | CUSIP: 26138EAY5<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |     81000 | PA      | $68078.07     | 0.01%             | 2046-12-15      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| LENOVO GROUP LTD                                 | Lenovo Group Ltd                                                                 | CUSIP: 000000000<br>LEI: 254900VUZRGD5U73RE46 | Long             | DBT              | CORP              | HK        |    200000 | PA      | $157606.00    | 0.02%             | 2030-11-02      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| INTL FLAVOR & FRAGRANCES                         | International Flavors & Fragrances Inc                                           | CUSIP: 459506AN1<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | DBT              | CORP              | US        |    170000 | PA      | $150502.70    | 0.02%             | 2025-10-01      | Fixed         | 1.23%                 | No            |                  2 | On Loan: No      |
| American Tower Corp                              | American Tower Corp                                                              | CUSIP: 03027XAG5<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     34000 | PA      | $33007.88     | 0.00%             | 2025-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Synchrony Financial                              | Synchrony Financial                                                              | CUSIP: 87165BAN3<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |    215000 | PA      | $211592.25    | 0.03%             | 2024-03-19      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ASHTEAD CAPITAL INC                              | Ashtead Capital Inc                                                              | CUSIP: 045054AN3<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |     15000 | PA      | $12847.20     | 0.00%             | 2026-08-12      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Keurig Dr Pepper Inc                             | Keurig Dr Pepper Inc                                                             | CUSIP: 26138EAS8<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |    135000 | PA      | $130453.20    | 0.02%             | 2025-11-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KPMB1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    244305 | PA      | $231045.32    | 0.03%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810PT9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    800000 | PA      | $893250.00    | 0.12%             | 2037-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                     | Centene Corp                                                                     | CUSIP: 15135BAV3<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    165000 | PA      | $140809.35    | 0.02%             | 2030-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                          | Oncor Electric Delivery Co LLC                                                   | CUSIP: 68233JBD5<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     45000 | PA      | $36945.90     | 0.00%             | 2047-09-30      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| ERAC USA Finance LLC                             | ERAC USA Finance LLC                                                             | CUSIP: 26884TAL6<br>LEI: LTKX5ODQW6Z7BQ2K1V47 | Long             | DBT              | CORP              | US        |     75000 | PA      | $72691.50     | 0.01%             | 2024-11-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Vodafone Group PLC                               | Vodafone Group PLC                                                               | CUSIP: 92857WAB6<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    147000 | PA      | $154865.97    | 0.02%             | 2032-11-30      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QGXX0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    128939 | PA      | $116008.63    | 0.02%             | 2036-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140GSPG1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    658914 | PA      | $614064.54    | 0.08%             | 2047-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| THERMO FISHER SCIENTIFIC                         | Thermo Fisher Scientific Inc                                                     | CUSIP: 883556BZ4<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |     79000 | PA      | $70320.27     | 0.01%             | 2029-10-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| General Mills Inc                                | General Mills Inc                                                                | CUSIP: 370334CG7<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |     81000 | PA      | $79622.19     | 0.01%             | 2028-04-17      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                                | Newell Brands Inc                                                                | CUSIP: 651229BD7<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |     40000 | PA      | $39465.60     | 0.01%             | 2029-09-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| Vodafone Group PLC                               | Vodafone Group PLC                                                               | CUSIP: 92857WAQ3<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |     20000 | PA      | $20451.40     | 0.00%             | 2037-02-27      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| SHINHAN CARD CO LTD                              | Shinhan Card Co Ltd                                                              | CUSIP: 000000000<br>LEI: 988400VPS0FMK2WR8F98 | Long             | DBT              | CORP              | KR        |    200000 | PA      | $175420.00    | 0.02%             | 2025-10-19      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Kraft Heinz Foods Co                             | Kraft Heinz Foods Co                                                             | CUSIP: 50077LAD8<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |    125000 | PA      | $117666.25    | 0.02%             | 2026-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BEAZER HOMES USA                                 | Beazer Homes USA Inc                                                             | CUSIP: 07556QBR5<br>LEI: 549300DUPYT2T0F60I45 | Long             | DBT              | CORP              | US        |     30000 | PA      | $26228.70     | 0.00%             | 2027-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ROPER TECHNOLOGIES INC                           | Roper Technologies Inc                                                           | CUSIP: 776743AJ5<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |     60000 | PA      | $48331.20     | 0.01%             | 2030-06-30      | Fixed         | 2.00%                 | No            |                  2 | On Loan: —       |
| CDP FINANCIAL INC                                | CDP Financial Inc                                                                | CUSIP: 125094AU6<br>LEI: 549300OXMGVYFCBFV096 | Long             | DBT              | NUSS              | CA        |     40000 | PA      | $36632.40     | 0.00%             | 2025-06-10      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| JPN BANK FOR INT'L COOP                          | Japan Bank for International Cooperation                                         | CUSIP: 471048CM8<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |    310000 | PA      | $255936.00    | 0.03%             | 2031-04-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| STEEL DYNAMICS INC                               | Steel Dynamics Inc                                                               | CUSIP: 858119BM1<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | DBT              | CORP              | US        |     65000 | PA      | $55612.05     | 0.01%             | 2031-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs. | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137H2AD6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $820289.86    | 0.11%             | 2031-07-25      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                   | Eli Lilly & Co                                                                   | CUSIP: 532457BY3<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |     40000 | PA      | $26128.80     | 0.00%             | 2050-05-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Visa Inc                                         | Visa Inc                                                                         | CUSIP: 92826CAH5<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14049.75     | 0.00%             | 2027-09-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                   | Morgan Stanley                                                                   | CUSIP: 6174468C6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    135000 | PA      | $132235.20    | 0.02%             | 2025-07-23      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179WFG8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2107200 | PA      | $1854564.20   | 0.24%             | 2051-05-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| TEGNA INC                                        | TEGNA Inc                                                                        | CUSIP: 87901JAF2<br>LEI: 549300YC5EDBGX85AO10 | Long             | DBT              | CORP              | US        |     51000 | PA      | $49980.00     | 0.01%             | 2026-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CF Industries Inc                                | CF Industries Inc                                                                | CUSIP: 12527GAE3<br>LEI: 5FVKT86LAD2F40NPC183 | Long             | DBT              | CORP              | US        |     50000 | PA      | $45740.50     | 0.01%             | 2044-03-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179WR34<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    150305 | PA      | $135982.23    | 0.02%             | 2051-11-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661DY0<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    200000 | PA      | $158842.00    | 0.02%             | 2030-10-15      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                   | Morgan Stanley                                                                   | CUSIP: 61744YAR9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    190000 | PA      | $169708.00    | 0.02%             | 2039-04-22      | Fixed         | 4.46%                 | No            |                  2 | On Loan: No      |
| HUDSON PACIFIC PROPERTIE                         | Hudson Pacific Properties LP                                                     | CUSIP: 44409MAC0<br>LEI: 5493007NTUGLGZ8T3526 | Long             | DBT              |  | US        |     35000 | PA      | $27409.90     | 0.00%             | 2030-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| KeyCorp                                          | KeyCorp                                                                          | CUSIP: 49326EEH2<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | DBT              | CORP              | US        |    170000 | PA      | $166470.80    | 0.02%             | 2025-10-29      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QHP33<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     99237 | PA      | $91743.07     | 0.01%             | 2036-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| LABORATORY CORP OF AMER                          | Laboratory Corp of America Holdings                                              | CUSIP: 50540RAV4<br>LEI: OZ7UA8IXAIFILY2VZH07 | Long             | DBT              | CORP              | US        |    161000 | PA      | $152233.55    | 0.02%             | 2024-12-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| ELASTIC NV                                       | Elastic NV                                                                       | CUSIP: 28415LAA1<br>LEI: 2549003I48WHHH937I59 | Long             | DBT              | CORP              | NL        |     45000 | PA      | $36697.05     | 0.00%             | 2029-07-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| HEALTHPEAK PROPERTIES                            | Healthpeak Properties Inc                                                        | CUSIP: 42250PAA1<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | DBT              |  | US        |     75000 | PA      | $64719.75     | 0.01%             | 2030-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PPG INDUSTRIES INC                               | PPG Industries Inc                                                               | CUSIP: 693506BS5<br>LEI: 549300BKPEP01R3V6C59 | Long             | DBT              | CORP              | US        |    100000 | PA      | $84924.00     | 0.01%             | 2030-06-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DNSM6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1940280 | PA      | $1834967.73   | 0.24%             | 2052-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X5R70<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    261621 | PA      | $243814.09    | 0.03%             | 2049-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MASTERCARD INC                                   | Mastercard Inc                                                                   | CUSIP: 57636QAR5<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |     87000 | PA      | $83795.79     | 0.01%             | 2027-03-26      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| ERP OPERATING LP                                 | ERP Operating LP                                                                 | CUSIP: 26884ABN2<br>LEI: DX5HQV5MLU50FEWZ5072 | Long             | DBT              |  | US        |    145000 | PA      | $114045.40    | 0.01%             | 2031-08-01      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| JM SMUCKER CO                                    | J M Smucker Co/The                                                               | CUSIP: 832696AT5<br>LEI: 5493000WDH6A0LHDJD55 | Long             | DBT              | CORP              | US        |     25000 | PA      | $17319.00     | 0.00%             | 2050-03-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KL7K7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    180884 | PA      | $149320.66    | 0.02%             | 2051-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Macquarie Bank Ltd                               | Macquarie Bank Ltd                                                               | CUSIP: 55608PAW4<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |    210000 | PA      | $203133.00    | 0.03%             | 2026-01-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| ZIGGO BV                                         | Ziggo BV                                                                         | CUSIP: 98955DAA8<br>LEI: 213800TQASLF9JXH5J59 | Long             | DBT              | CORP              | NL        |     70000 | PA      | $59490.90     | 0.01%             | 2030-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| MARVELL TECHNOLOGY INC                           | Marvell Technology Inc                                                           | CUSIP: 573874AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    111000 | PA      | $98120.67     | 0.01%             | 2026-04-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| ATI INC                                          | ATI Inc                                                                          | CUSIP: 01741RAH5<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | DBT              | CORP              | US        |     25000 | PA      | $23349.00     | 0.00%             | 2027-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132CWYG3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    457286 | PA      | $430032.16    | 0.06%             | 2037-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ONTARIO (PROVINCE OF)                            | Province of Ontario Canada                                                       | CUSIP: 68323AFC3<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |    110000 | PA      | $107978.20    | 0.01%             | 2024-01-29      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| RYDER SYSTEM INC                                 | Ryder System Inc                                                                 | CUSIP: 78355HKQ1<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |     82000 | PA      | $80616.66     | 0.01%             | 2025-06-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| SODEXO INC                                       | Sodexo Inc                                                                       | CUSIP: 833794AB6<br>LEI: 549300WSZGQGJQXRFU84 | Long             | DBT              | CORP              | US        |     10000 | PA      | $7983.30      | 0.00%             | 2031-04-16      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| AMERICAN WATER CAPITAL C                         | American Water Capital Corp                                                      | CUSIP: 03040WAK1<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |     60000 | PA      | $59092.20     | 0.01%             | 2024-03-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133A9HE8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    262181 | PA      | $216719.56    | 0.03%             | 2050-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| QUANTA SERVICES INC                              | Quanta Services Inc                                                              | CUSIP: 74762EAJ1<br>LEI: SHVRXXEACT60MMH07S24 | Long             | DBT              | CORP              | US        |     95000 | PA      | $64308.35     | 0.01%             | 2041-10-01      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VDY7<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    279000 | PA      | $273779.91    | 0.04%             | 2027-03-16      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| RAYMOND JAMES FINANCIAL                          | Raymond James Financial Inc                                                      | CUSIP: 754730AG4<br>LEI: RGUZHJ05YTITL6D76949 | Long             | DBT              | CORP              | US        |    111000 | PA      | $108445.89    | 0.01%             | 2030-04-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY TRANSMISSION                         | FirstEnergy Transmission LLC                                                     | CUSIP: 33767BAD1<br>LEI: 549300AINIIPOLYX2R63 | Long             | DBT              | CORP              | US        |     85000 | PA      | $74018.00     | 0.01%             | 2028-09-15      | Fixed         | 2.87%                 | No            |                  2 | On Loan: —       |
| AUTONATION INC                                   | AutoNation Inc                                                                   | CUSIP: 05329WAQ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     89000 | PA      | $80658.92     | 0.01%             | 2030-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QLHK5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     46236 | PA      | $39662.32     | 0.01%             | 2051-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AMC ENTERTAINMENT HLDGS                          | AMC Entertainment Holdings Inc                                                   | CUSIP: 00165CAP9<br>LEI: 549300ZO77UNR6NRBR11 | Long             | DBT              | CORP              | US        |    100000 | PA      | $37386.00     | 0.00%             | 2026-06-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| MINERAL RESOURCES LTD                            | Mineral Resources Ltd                                                            | CUSIP: 603051AD5<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |     50000 | PA      | $50643.50     | 0.01%             | 2030-05-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                      | PepsiCo Inc                                                                      | CUSIP: 713448EL8<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    104000 | PA      | $92981.20     | 0.01%             | 2029-07-29      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140MHSX8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1442539 | PA      | $1231468.12   | 0.16%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| HP ENTERPRISE CO                                 | Hewlett Packard Enterprise Co                                                    | CUSIP: 42824CAW9<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |     64000 | PA      | $63928.96     | 0.01%             | 2025-10-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| AGILENT TECHNOLOGIES INC                         | Agilent Technologies Inc                                                         | CUSIP: 00846UAM3<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | DBT              | CORP              | US        |     90000 | PA      | $73649.70     | 0.01%             | 2030-06-04      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                         | Clear Channel Outdoor Holdings Inc                                               | CUSIP: 18453HAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     80000 | PA      | $59390.40     | 0.01%             | 2029-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                          | Inter-American Development Bank                                                  | CUSIP: 4581X0DC9<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    331000 | PA      | $316300.29    | 0.04%             | 2028-09-18      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| AGILENT TECHNOLOGIES INC                         | Agilent Technologies Inc                                                         | CUSIP: 00846UAN1<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | DBT              | CORP              | US        |     30000 | PA      | $24606.30     | 0.00%             | 2031-03-12      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                         | Alexandria Real Estate Equities Inc                                              | CUSIP: 015271AW9<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |     35000 | PA      | $26789.70     | 0.00%             | 2032-05-18      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XDCS3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1832699 | PA      | $1514841.62   | 0.20%             | 2051-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| PERKINELMER INC                                  | PerkinElmer Inc                                                                  | CUSIP: 714046AL3<br>LEI: 549300IKL1SDPFI7N655 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9215.60      | 0.00%             | 2024-09-15      | Fixed         | 0.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QLUA2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    103328 | PA      | $95525.03     | 0.01%             | 2036-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| STANLEY BLACK & DECKER I                         | Stanley Black & Decker Inc                                                       | CUSIP: 854502AN1<br>LEI: 549300DJ09SMTO561131 | Long             | DBT              | CORP              | US        |     35000 | PA      | $22458.80     | 0.00%             | 2050-11-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Campbell Soup Co                                 | Campbell Soup Co                                                                 | CUSIP: 134429BG3<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |     70000 | PA      | $67785.90     | 0.01%             | 2028-03-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                        | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F0326C3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1891000 | PA      | $1730855.94   | 0.23%             | 2052-12-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ADAPTHEALTH LLC                                  | AdaptHealth LLC                                                                  | CUSIP: 00653VAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     35000 | PA      | $32307.45     | 0.00%             | 2028-08-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ARGENTINA                            | Argentine Republic Government International Bond                                 | CUSIP: 040114HV5<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |    390000 | PA      | $108505.80    | 0.01%             | 2041-07-09      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| WALGREENS BOOTS ALLIANCE                         | Walgreens Boots Alliance Inc                                                     | CUSIP: 931427AH1<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |     65000 | PA      | $63767.60     | 0.01%             | 2024-11-18      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CEF4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1700000 | PA      | $1605835.95   | 0.21%             | 2027-03-31      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Province of Quebec                               | Province of Quebec Canada                                                        | CUSIP: 748149AJ0<br>LEI: 549300WN65YFEQH74Y36 | Long             | DBT              | NUSS              | CA        |    170000 | PA      | $160446.00    | 0.02%             | 2026-04-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XHX36<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    121088 | PA      | $105948.25    | 0.01%             | 2037-08-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAZ8<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    155000 | PA      | $112674.15    | 0.01%             | 2041-10-29      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| ONTARIO TEACHERS' FINANC                         | Ontario Teachers' Finance Trust                                                  | CUSIP: 68329AAD0<br>LEI: 635400ZZE5J8OXXBBY26 | Long             | DBT              | NUSS              | CA        |     20000 | PA      | $18577.80     | 0.00%             | 2025-04-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| SERVICE CORP INTL                                | Service Corp International/US                                                    | CUSIP: 817565CG7<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |     65000 | PA      | $55682.90     | 0.01%             | 2031-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Welltower Inc                                    | Welltower Inc                                                                    | CUSIP: 42217KBF2<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              | CORP              | US        |    195000 | PA      | $190339.50    | 0.02%             | 2025-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                              | Bank of Nova Scotia/The                                                          | CUSIP: 064159TF3<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    240000 | PA      | $226315.20    | 0.03%             | 2025-02-03      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE                           | VICI Properties LP / VICI Note Co Inc                                            | CUSIP: 92564RAA3<br>LEI: N/A                  | Long             | DBT              |  | US        |    110000 | PA      | $102537.60    | 0.01%             | 2026-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VFU3<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    268000 | PA      | $173779.24    | 0.02%             | 2050-11-20      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| ERAC USA Finance LLC                             | ERAC USA Finance LLC                                                             | CUSIP: 26884TAR3<br>LEI: LTKX5ODQW6Z7BQ2K1V47 | Long             | DBT              | CORP              | US        |    240000 | PA      | $222842.40    | 0.03%             | 2026-12-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL FINANCIAL GRP                          | Principal Financial Group Inc                                                    | CUSIP: 74251VAN2<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | DBT              | CORP              | US        |     55000 | PA      | $45491.05     | 0.01%             | 2046-11-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| JAPAN INT'L COOP AGENCY                          | Japan International Cooperation Agency                                           | CUSIP: 47109LAA2<br>LEI: 254900XEIG78M2AJB031 | Long             | DBT              | NUSS              | JP        |     46000 | PA      | $42051.82     | 0.01%             | 2026-10-20      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL INTL BV                            | Clear Channel International BV                                                   | CUSIP: 18452MAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |     30000 | PA      | $28530.60     | 0.00%             | 2025-08-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Flex Ltd                                         | Flex Ltd                                                                         | CUSIP: 33938XAA3<br>LEI: 549300EAQH74YHD07T53 | Long             | DBT              | CORP              | SG        |     89000 | PA      | $82946.22     | 0.01%             | 2029-06-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| TJX COS INC                                      | TJX Cos Inc/The                                                                  | CUSIP: 872540AT6<br>LEI: V167QI9I69W364E2DY52 | Long             | DBT              | CORP              | US        |     88000 | PA      | $83242.72     | 0.01%             | 2030-04-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Berry Global Inc                                 | Berry Global Inc                                                                 | CUSIP: 085770AB1<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29349.00     | 0.00%             | 2027-07-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| KRAFT HEINZ FOODS CO                             | Kraft Heinz Foods Co                                                             | CUSIP: 50077LAX4<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |     50000 | PA      | $44891.00     | 0.01%             | 2039-10-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140Q7VS3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    340850 | PA      | $317649.60    | 0.04%             | 2047-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810SR0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2950000 | PA      | $1887539.06   | 0.25%             | 2040-05-15      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132AEPE0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1293846 | PA      | $1243791.78   | 0.16%             | 2048-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WEST FRASER TIMBER CO                            | West Fraser Timber Co Ltd                                                        | CUSIP: 952845AE5<br>LEI: 5493005WD1ZK6WBVR988 | Long             | DBT              | CORP              | CA        |     33000 | PA      | $32040.03     | 0.00%             | 2024-10-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE LONDON                           | Credit Agricole SA/London                                                        | CUSIP: 22535WAB3<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |     66000 | PA      | $62517.84     | 0.01%             | 2027-01-10      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                         | Marsh & McLennan Cos Inc                                                         | CUSIP: 571748BF8<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |    195000 | PA      | $192521.55    | 0.03%             | 2024-03-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                              | Bank of Nova Scotia/The                                                          | CUSIP: 0641598K5<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |     35000 | PA      | $30772.35     | 0.00%             | 2026-09-15      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| LPL HOLDINGS INC                                 | LPL Holdings Inc                                                                 | CUSIP: 50212YAF1<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |     30000 | PA      | $25920.30     | 0.00%             | 2031-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES DREDGE&DOCK                          | Great Lakes Dredge & Dock Corp                                                   | CUSIP: 390607AF6<br>LEI: 549300H65E3MZ1CX0P05 | Long             | DBT              | CORP              | US        |     25000 | PA      | $20449.50     | 0.00%             | 2029-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| BNP PARIBAS                                      | BNP Paribas SA                                                                   | CUSIP: 09659W2H6<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    150000 | PA      | $143716.50    | 0.02%             | 2030-01-10      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| DOVER CORP                                       | Dover Corp                                                                       | CUSIP: 260003AP3<br>LEI: 549300FMC2ALGA7N9E80 | Long             | DBT              | CORP              | US        |     85000 | PA      | $74860.35     | 0.01%             | 2029-11-04      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| UNISYS CORP                                      | Unisys Corp                                                                      | CUSIP: 909214BV9<br>LEI: 549300T21W22FIJJOW08 | Long             | DBT              | CORP              | US        |     40000 | PA      | $28687.20     | 0.00%             | 2027-11-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| WEA Finance LLC                                  | WEA Finance LLC                                                                  | CUSIP: 92928QAD0<br>LEI: 3CYEJKBUJZO3UW777J80 | Long             | DBT              | CORP              | US        |     45000 | PA      | $31175.10     | 0.00%             | 2048-09-20      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                            | Level 3 Financing Inc                                                            | CUSIP: 527298BT9<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |     70000 | PA      | $50969.80     | 0.01%             | 2029-07-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC                             | Keurig Dr Pepper Inc                                                             | CUSIP: 49271VAR1<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |     55000 | PA      | $46761.55     | 0.01%             | 2052-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BELL CANADA                                      | Bell Telephone Co of Canada or Bell Canada/The                                   | CUSIP: 0778FPAJ8<br>LEI: 549300JYAVAQRV5MNZ86 | Long             | DBT              | CORP              | CA        |      5000 | PA      | $3744.60      | 0.00%             | 2052-08-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| NASDAQ INC                                       | Nasdaq Inc                                                                       | CUSIP: 63111XAB7<br>LEI: 549300L8X1Q78ERXFD06 | Long             | DBT              | CORP              | US        |     65000 | PA      | $44911.10     | 0.01%             | 2050-04-28      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| GREAT-WEST LIFECO FIN 18                         | Great-West Lifeco Finance 2018 LP                                                | CUSIP: 39138QAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     45000 | PA      | $42480.00     | 0.01%             | 2028-05-17      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VDU5<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    104000 | PA      | $104549.12    | 0.01%             | 2037-03-16      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| VMWARE INC                                       | VMware Inc                                                                       | CUSIP: 928563AD7<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |    108000 | PA      | $106962.12    | 0.01%             | 2025-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QNQM7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3828083 | PA      | $3277567.81   | 0.43%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| TELEDYNE TECHNOLOGIES IN                         | Teledyne Technologies Inc                                                        | CUSIP: 879360AB1<br>LEI: 549300VSMO9KYQWDND94 | Long             | DBT              | CORP              | US        |    150000 | PA      | $141478.50    | 0.02%             | 2024-04-01      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| NUTRIEN LTD                                      | Nutrien Ltd                                                                      | CUSIP: 67077MAX6<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |     70000 | PA      | $55024.20     | 0.01%             | 2050-05-13      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| PRUDENTIAL FINANCIAL INC                         | Prudential Financial Inc                                                         | CUSIP: 74432QCG8<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |     89000 | PA      | $73791.68     | 0.01%             | 2030-03-10      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| ELEMENT FLEET MANAGEMENT                         | Element Fleet Management Corp                                                    | CUSIP: 286181AD4<br>LEI: 5493000PGBS1C22ELQ16 | Long             | DBT              | CORP              | CA        |     37000 | PA      | $35242.13     | 0.00%             | 2025-06-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| PACCAR FINANCIAL CORP                            | PACCAR Financial Corp                                                            | CUSIP: 69371RR24<br>LEI: PH3S12DWZBHHQKVYZ297 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9504.20      | 0.00%             | 2024-02-02      | Fixed         | 0.35%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179Q6N6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     35285 | PA      | $32387.82     | 0.00%             | 2045-03-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                                     | ING Groep NV                                                                     | CUSIP: 456837AU7<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |     35000 | PA      | $31246.25     | 0.00%             | 2026-07-01      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| MACQUARIE BANK LTD                               | Macquarie Bank Ltd                                                               | CUSIP: 55608PBE3<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |    245000 | PA      | $231843.50    | 0.03%             | 2025-01-22      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| NVENT FINANCE SARL                               | nVent Finance Sarl                                                               | CUSIP: 67078AAE3<br>LEI: 549300KO1OQ4MVFB6X02 | Long             | DBT              | CORP              | LU        |     55000 | PA      | $42396.75     | 0.01%             | 2031-11-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| JPN BANK FOR INT'L COOP                          | Japan Bank for International Cooperation                                         | CUSIP: 471048CJ5<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |    330000 | PA      | $298135.20    | 0.04%             | 2025-07-15      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| Nordea Bank Abp                                  | Nordea Bank Abp                                                                  | CUSIP: 65557FAH9<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |     90000 | PA      | $83425.50     | 0.01%             | 2033-09-13      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                          | Inter-American Development Bank                                                  | CUSIP: 4581X0CM8<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    196000 | PA      | $187297.60    | 0.02%             | 2025-01-15      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| WPP Finance 2010                                 | WPP Finance 2010                                                                 | CUSIP: 92936MAF4<br>LEI: 549300OJB3S151W7KN44 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $241590.00    | 0.03%             | 2024-09-19      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 31418D2L5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    341226 | PA      | $281300.68    | 0.04%             | 2051-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CDW LLC/CDW FINANCE                              | CDW LLC / CDW Finance Corp                                                       | CUSIP: 12513GBA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     80000 | PA      | $79788.80     | 0.01%             | 2024-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| RAKUTEN GROUP INC                                | Rakuten Group Inc                                                                | CUSIP: 75102WAA6<br>LEI: 529900IMXUCQKUL1H943 | Long             | DBT              | CORP              | JP        |     55000 | PA      | $39652.25     | 0.01%             | 2026-04-22      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| HOME DEPOT INC                                   | Home Depot Inc/The                                                               | CUSIP: 437076BN1<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     60000 | PA      | $55312.80     | 0.01%             | 2026-09-15      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| EDGEWELL PERSONAL CARE                           | Edgewell Personal Care Co                                                        | CUSIP: 28035QAB8<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | DBT              | CORP              | US        |     40000 | PA      | $34982.00     | 0.00%             | 2029-04-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| BOSTON PROPERTIES LP                             | Boston Properties LP                                                             | CUSIP: 10112RBC7<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              |  | US        |     50000 | PA      | $40987.00     | 0.01%             | 2030-03-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CEU1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2250000 | PA      | $2180566.42   | 0.28%             | 2025-06-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| NEWMONT CORP                                     | Newmont Corp                                                                     | CUSIP: 651639AX4<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | DBT              | CORP              | US        |     80000 | PA      | $68850.40     | 0.01%             | 2029-10-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| MACY'S RETAIL HLDGS LLC                          | Macy's Retail Holdings LLC                                                       | CUSIP: 55616XAM9<br>LEI: 549300JMONK27O4SQQ19 | Long             | DBT              | CORP              | US        |     30000 | PA      | $21555.90     | 0.00%             | 2034-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                        | Amgen Inc                                                                        | CUSIP: 031162CW8<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     46000 | PA      | $38379.64     | 0.01%             | 2031-02-25      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| ABN AMRO Bank NV                                 | ABN AMRO Bank NV                                                                 | CUSIP: 00080QAF2<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |     70000 | PA      | $67885.30     | 0.01%             | 2025-07-28      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                 | Crown Castle Inc                                                                 | CUSIP: 22822VAH4<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |     59000 | PA      | $55160.28     | 0.01%             | 2027-09-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| CENTURY COMMUNITIES                              | Century Communities Inc                                                          | CUSIP: 156504AL6<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | DBT              | CORP              | US        |     45000 | PA      | $43812.00     | 0.01%             | 2027-06-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912828G38<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1600000 | PA      | $1536312.50   | 0.20%             | 2024-11-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| BROADCOM CRP / CAYMN FI                          | Broadcom Corp / Broadcom Cayman Finance Ltd                                      | CUSIP: 11134LAH2<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     25000 | PA      | $23687.25     | 0.00%             | 2027-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                         | Intercontinental Exchange Inc                                                    | CUSIP: 45866FAU8<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |     60000 | PA      | $58749.00     | 0.01%             | 2027-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| IQVIA Inc                                        | IQVIA Inc                                                                        | CUSIP: 449934AD0<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |     60000 | PA      | $57789.60     | 0.01%             | 2026-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRUIST BANK                                      | Truist Bank                                                                      | CUSIP: 07330MAB3<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24012.25     | 0.00%             | 2025-09-16      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179V4U1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   4544034 | PA      | $3883801.59   | 0.51%             | 2051-01-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| SVB Financial Group                              | SVB Financial Group                                                              | CUSIP: 78486QAD3<br>LEI: 549300D2KJ20JMXE7542 | Long             | DBT              | CORP              | US        |     40000 | PA      | $38481.60     | 0.01%             | 2025-01-29      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MBZ2<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    125000 | PA      | $96865.00     | 0.01%             | 2030-09-23      | Fixed         | 2.14%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                          | International Bank for Reconstruction & Development                              | CUSIP: 459058JX2<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |     45000 | PA      | $40130.10     | 0.01%             | 2026-07-15      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                         | European Investment Bank                                                         | CUSIP: 298785JB3<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    262000 | PA      | $247149.84    | 0.03%             | 2025-03-14      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| Sealed Air Corp                                  | Sealed Air Corp                                                                  | CUSIP: 81211KAX8<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24929.75     | 0.00%             | 2025-09-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| LOWE'S COS INC                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661CX3<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     70000 | PA      | $62843.20     | 0.01%             | 2042-04-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| MASTERCARD INC                                   | Mastercard Inc                                                                   | CUSIP: 57636QAQ7<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |    114000 | PA      | $99401.16     | 0.01%             | 2050-03-26      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                      | PepsiCo Inc                                                                      | CUSIP: 713448FE3<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    210000 | PA      | $172924.50    | 0.02%             | 2031-10-21      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| American Express Co                              | American Express Co                                                              | CUSIP: 025816BF5<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    115000 | PA      | $100283.45    | 0.01%             | 2042-12-03      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| BorgWarner Inc                                   | BorgWarner Inc                                                                   | CUSIP: 099724AH9<br>LEI: 549300DSFX2IE88NSX47 | Long             | DBT              | CORP              | US        |     15000 | PA      | $11749.50     | 0.00%             | 2045-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| NCR CORP                                         | NCR Corp                                                                         | CUSIP: 62886EAZ1<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |     37000 | PA      | $31262.78     | 0.00%             | 2030-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                         | European Investment Bank                                                         | CUSIP: 298785JP2<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    275000 | PA      | $242286.00    | 0.03%             | 2026-10-26      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Aptiv PLC                                        | Aptiv PLC                                                                        | CUSIP: 03835VAH9<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |     70000 | PA      | $61026.70     | 0.01%             | 2049-03-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| UNITED OVERSEAS BANK LTD                         | United Overseas Bank Ltd                                                         | CUSIP: 91127KAD4<br>LEI: IO66REGK3RCBAMA8HR66 | Long             | DBT              | CORP              | SG        |     30000 | PA      | $26969.40     | 0.00%             | 2026-04-14      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661DJ3<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4172.30      | 0.00%             | 2045-09-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Carlyle Finance LLC                              | Carlyle Finance LLC                                                              | CUSIP: 14314CAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     65000 | PA      | $59352.15     | 0.01%             | 2048-09-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                         | Marsh & McLennan Cos Inc                                                         | CUSIP: 571748BN1<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |     41000 | PA      | $33795.89     | 0.00%             | 2030-11-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| SBA COMMUNICATIONS CORP                          | SBA Communications Corp                                                          | CUSIP: 78410GAG9<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              | CORP              | US        |    125000 | PA      | $104531.25    | 0.01%             | 2029-02-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| SCENTRE GROUP TRUST 2                            | Scentre Group Trust 2                                                            | CUSIP: 76025LAA2<br>LEI: 549300VRF0U0JH8TBJ74 | Long             | DBT              |  | AU        |    245000 | PA      | $216212.50    | 0.03%             | 2080-09-24      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| VMware Inc                                       | VMware Inc                                                                       | CUSIP: 928563AC9<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |    122000 | PA      | $114838.60    | 0.01%             | 2027-08-21      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| CDBL FUNDING 1                                   | CDBL Funding 1                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    200000 | PA      | $184650.00    | 0.02%             | 2027-10-24      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PROSUS NV                                        | Prosus NV                                                                        | CUSIP: 000000000<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $120140.00    | 0.02%             | 2051-02-08      | Fixed         | 3.83%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                              | Charles Schwab Corp/The                                                          | CUSIP: 808513BP9<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     70000 | PA      | $61967.50     | 0.01%             | 2028-03-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Chubb INA Holdings Inc                           | Chubb INA Holdings Inc                                                           | CUSIP: 00440EAQ0<br>LEI: CZCBJZWDMLTHWJDXU843 | Long             | DBT              | CORP              | US        |     20000 | PA      | $17062.80     | 0.00%             | 2043-03-13      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Suncorp-Metway Ltd                               | Suncorp-Metway Ltd                                                               | CUSIP: 8672EMAL8<br>LEI: JEBU6C6ITPD2YZ9N7F22 | Long             | DBT              | CORP              | AU        |     75000 | PA      | $72888.00     | 0.01%             | 2024-04-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| CDW LLC/CDW FINANCE                              | CDW LLC / CDW Finance Corp                                                       | CUSIP: 12513GBF5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    115000 | PA      | $96646.00     | 0.01%             | 2029-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                          | BPCE SA                                                                          | CUSIP: 05578QAF0<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |     60000 | PA      | $43427.40     | 0.01%             | 2032-10-19      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Brambles USA Inc                                 | Brambles USA Inc                                                                 | CUSIP: 10510KAC1<br>LEI: 549300ELM3HO6HFZSW59 | Long             | DBT              | CORP              | US        |     70000 | PA      | $67305.70     | 0.01%             | 2025-10-23      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                   | Microsoft Corp                                                                   | CUSIP: 594918BM5<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |       250 | PA      | $251.83       | 0.00%             | 2055-11-03      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| AIA GROUP LTD                                    | AIA Group Ltd                                                                    | CUSIP: 000000000<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | DBT              | CORP              | HK        |    200000 | PA      | $165876.00    | 0.02%             | 2026-04-07      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                              | Sherwin-Williams Co/The                                                          | CUSIP: 824348BL9<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |     35000 | PA      | $29033.55     | 0.00%             | 2030-05-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                      | Prologis LP                                                                      | CUSIP: 74340XBQ3<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |     62000 | PA      | $35715.10     | 0.00%             | 2050-10-15      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trust                  | CSAIL 2015-C1 Commercial Mortgage Trust                                          | CUSIP: 126281AZ7<br>LEI: 549300UFJ8EKD81Y8R30 | Long             | ABS-MBS          | CORP              | US        |    155000 | PA      | $147551.45    | 0.02%             | 2050-04-15      | Fixed         | 3.51%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                         | Caterpillar Financial Services Corp                                              | CUSIP: 14913R2G1<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |    199000 | PA      | $171219.60    | 0.02%             | 2027-09-14      | Fixed         | 1.10%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810QB7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    400000 | PA      | $421375.00    | 0.06%             | 2039-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| TRI POINTE HOMES INC                             | Tri Pointe Homes Inc                                                             | CUSIP: 87265HAF6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     25000 | PA      | $22594.25     | 0.00%             | 2027-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Israel                                  | Israel Government International Bond                                             | CUSIP: 4651387N9<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    200000 | PA      | $184682.00    | 0.02%             | 2043-01-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NETAPP INC                                       | NetApp Inc                                                                       | CUSIP: 64110DAK0<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | DBT              | CORP              | US        |     77000 | PA      | $64449.77     | 0.01%             | 2030-06-22      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae                                                                       | CUSIP: 21H0506C1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    722000 | PA      | $721323.13    | 0.09%             | 2052-12-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| REPUBLICA ORIENT URUGUAY                         | Uruguay Government International Bond                                            | CUSIP: 917288BA9<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |    125000 | PA      | $156156.25    | 0.02%             | 2033-01-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: —       |
| FISERV INC                                       | Fiserv Inc                                                                       | CUSIP: 337738AT5<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |    189000 | PA      | $178064.46    | 0.02%             | 2026-07-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| SERVICE CORP INTL                                | Service Corp International/US                                                    | CUSIP: 817565BT0<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |     15000 | PA      | $15199.05     | 0.00%             | 2027-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| JPN BANK FOR INT'L COOP                          | Japan Bank for International Cooperation                                         | CUSIP: 471048BQ0<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |     15000 | PA      | $13889.25     | 0.00%             | 2027-11-16      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                         | Alexandria Real Estate Equities Inc                                              | CUSIP: 015271AY5<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |    175000 | PA      | $142283.75    | 0.02%             | 2034-03-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ARGENTINA                            | Argentina Bonar Bonds                                                            | CUSIP: 000000000<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |    405000 | PA      | $87617.70     | 0.01%             | 2030-07-09      | Variable      | 0.50%                 | No            |                  2 | On Loan: No      |
| Caterpillar Inc                                  | Caterpillar Inc                                                                  | CUSIP: 149123CE9<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |     40000 | PA      | $38672.80     | 0.01%             | 2064-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| OTIS WORLDWIDE CORP                              | Otis Worldwide Corp                                                              | CUSIP: 68902VAK3<br>LEI: 549300ZLBKR8VSU25153 | Long             | DBT              | CORP              | US        |    105000 | PA      | $89519.85     | 0.01%             | 2030-02-15      | Fixed         | 2.57%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                        | Amgen Inc                                                                        | CUSIP: 031162DC1<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |      5000 | PA      | $3326.25      | 0.00%             | 2052-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET CAR/FINANCE                          | Avis Budget Car Rental LLC / Avis Budget Finance Inc                             | CUSIP: 053773BE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     35000 | PA      | $32215.75     | 0.00%             | 2027-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Yum! Brands Inc                                  | Yum! Brands Inc                                                                  | CUSIP: 988498AK7<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16219.60     | 0.00%             | 2043-11-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| COMMERCIAL METALS CO                             | Commercial Metals Co                                                             | CUSIP: 201723AQ6<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | DBT              | CORP              | US        |     25000 | PA      | $21530.25     | 0.00%             | 2030-01-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810RX8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    600000 | PA      | $504187.50    | 0.07%             | 2047-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CDP3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1400000 | PA      | $1219421.88   | 0.16%             | 2028-12-31      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CCV1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2400000 | PA      | $2070000.00   | 0.27%             | 2028-08-31      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON BANCSHARES                            | Huntington Bancshares Inc/OH                                                     | CUSIP: 446150AQ7<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |    296000 | PA      | $283650.88    | 0.04%             | 2024-08-06      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Mastercard Inc                                   | Mastercard Inc                                                                   | CUSIP: 57636QAB0<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |    204000 | PA      | $200774.76    | 0.03%             | 2024-04-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| BAXTER INTERNATIONAL INC                         | Baxter International Inc                                                         | CUSIP: 071813CS6<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |    200000 | PA      | $161534.00    | 0.02%             | 2032-02-01      | Fixed         | 2.54%                 | No            |                  2 | On Loan: No      |
| ROPER TECHNOLOGIES INC                           | Roper Technologies Inc                                                           | CUSIP: 776743AG1<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |     55000 | PA      | $48118.40     | 0.01%             | 2029-09-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                              | American Tower Corp                                                              | CUSIP: 03027XAW0<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     71000 | PA      | $64996.95     | 0.01%             | 2029-08-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| MET LIFE GLOB FUNDING I                          | Metropolitan Life Global Funding I                                               | CUSIP: 59217GEG0<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |    150000 | PA      | $131661.00    | 0.02%             | 2030-04-09      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CDB4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4040000 | PA      | $3768246.90   | 0.49%             | 2024-10-15      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133APVV8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     46597 | PA      | $38393.13     | 0.01%             | 2051-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                                       | Humana Inc                                                                       | CUSIP: 444859BQ4<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |    118000 | PA      | $102093.60    | 0.01%             | 2027-02-03      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J6GR2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    168930 | PA      | $162392.91    | 0.02%             | 2048-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Autodesk Inc                                     | Autodesk Inc                                                                     | CUSIP: 052769AE6<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | DBT              | CORP              | US        |    127000 | PA      | $119468.90    | 0.02%             | 2027-06-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Kimberly-Clark Corp                              | Kimberly-Clark Corp                                                              | CUSIP: 494368BC6<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | DBT              | CORP              | US        |     72000 | PA      | $84331.44     | 0.01%             | 2037-08-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J9SN2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    131242 | PA      | $118525.10    | 0.02%             | 2048-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| State of Qatar                                   | Qatar Government International Bond                                              | CUSIP: 000000000<br>LEI: 52990074F6OJOAXK4P65 | Long             | DBT              | NUSS              | QA        |    200000 | PA      | $201310.00    | 0.03%             | 2028-04-23      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| JPN BANK FOR INT'L COOP                          | Japan Bank for International Cooperation                                         | CUSIP: 471048AZ1<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |     15000 | PA      | $13755.30     | 0.00%             | 2026-11-04      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| CHINA CONSTRUCTION BANK                          | China Construction Bank Corp                                                     | CUSIP: 000000000<br>LEI: 5493001KQW6DM7KEDR62 | Long             | DBT              | CORP              | CN        |    200000 | PA      | $186452.00    | 0.02%             | 2030-06-24      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| THERMO FISHER SCIENTIFIC                         | Thermo Fisher Scientific Inc                                                     | CUSIP: 883556CS9<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4663.55      | 0.00%             | 2024-10-18      | Fixed         | 1.22%                 | No            |                  2 | On Loan: No      |
| Humana Inc                                       | Humana Inc                                                                       | CUSIP: 444859BB7<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |     17000 | PA      | $15034.63     | 0.00%             | 2042-12-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| REPUBLICA ORIENT URUGUAY                         | Uruguay Government International Bond                                            | CUSIP: 760942AS1<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |    100000 | PA      | $127170.00    | 0.02%             | 2036-03-21      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QKEX2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     86782 | PA      | $71581.93     | 0.01%             | 2051-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                              | Charles Schwab Corp/The                                                          | CUSIP: 808513BT1<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     50000 | PA      | $39667.00     | 0.01%             | 2031-12-01      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| TJX COS INC                                      | TJX Cos Inc/The                                                                  | CUSIP: 872540AW9<br>LEI: V167QI9I69W364E2DY52 | Long             | DBT              | CORP              | US        |    140000 | PA      | $110030.20    | 0.01%             | 2031-05-15      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| SCENTRE GROUP TRUST 1/2                          | Scentre Group Trust 1 / Scentre Group Trust 2                                    | CUSIP: 80622GAE4<br>LEI: N/A                  | Long             | DBT              |  | AU        |     60000 | PA      | $53757.60     | 0.01%             | 2030-05-28      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132CWMP6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    132310 | PA      | $128452.03    | 0.02%             | 2034-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Darling Ingredients Inc                          | Darling Ingredients Inc                                                          | CUSIP: 237266AH4<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | DBT              | CORP              | US        |     45000 | PA      | $43896.60     | 0.01%             | 2027-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HUBBELL INC                                      | Hubbell Inc                                                                      | CUSIP: 443510AK8<br>LEI: 54930088VDQ6840Y6597 | Long             | DBT              | CORP              | US        |      7000 | PA      | $5690.51      | 0.00%             | 2031-03-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                              | Elevance Health Inc                                                              | CUSIP: 036752AJ2<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19068.00     | 0.00%             | 2025-01-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                                     | ING Groep NV                                                                     | CUSIP: 456837AV5<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    210000 | PA      | $185033.10    | 0.02%             | 2027-04-01      | Fixed         | 1.73%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINANCIA                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MAA8<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     60000 | PA      | $58947.00     | 0.01%             | 2024-04-02      | Fixed         | 4.44%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                         | Marsh & McLennan Cos Inc                                                         | CUSIP: 571748BJ0<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |    112000 | PA      | $104759.20    | 0.01%             | 2049-03-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc                         | Prudential Financial Inc                                                         | CUSIP: 744320AN2<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |     75000 | PA      | $71381.25     | 0.01%             | 2044-03-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| SEAWORLD PARKS & ENTERTA                         | SeaWorld Parks & Entertainment Inc                                               | CUSIP: 81282UAC6<br>LEI: 549300UZV72O3371JJ53 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20488.60     | 0.00%             | 2025-05-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: —       |
| NEWMONT CORP                                     | Newmont Corp                                                                     | CUSIP: 651639AY2<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | DBT              | CORP              | US        |     95000 | PA      | $76950.00     | 0.01%             | 2030-10-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| DIAMOND BC BV                                    | Diamond BC BV                                                                    | CUSIP: 25257DAA6<br>LEI: 549300SWLHWJF3D4N658 | Long             | DBT              | CORP              | NL        |     20000 | PA      | $15075.20     | 0.00%             | 2029-10-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| COOPER-STANDARD AUTOMOTI                         | Cooper-Standard Automotive Inc                                                   | CUSIP: 216762AG9<br>LEI: ITCH5B3Q4RTX2PH9UN62 | Long             | DBT              | CORP              | US        |     25000 | PA      | $26168.50     | 0.00%             | 2024-06-01      | Fixed         | 13.00%                | No            |                  2 | On Loan: —       |
| SERVICENOW INC                                   | ServiceNow Inc                                                                   | CUSIP: 81762PAE2<br>LEI: 549300HJTQM36M0E1G39 | Long             | DBT              | CORP              | US        |    115000 | PA      | $89430.90     | 0.01%             | 2030-09-01      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                              | Sherwin-Williams Co/The                                                          | CUSIP: 824348BJ4<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |     25000 | PA      | $22024.75     | 0.00%             | 2029-08-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| HASBRO INC                                       | Hasbro Inc                                                                       | CUSIP: 418056AZ0<br>LEI: 549300NUB6D2R1ITYR45 | Long             | DBT              | CORP              | US        |     90000 | PA      | $81176.40     | 0.01%             | 2029-11-19      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| PepsiCo Inc                                      | PepsiCo Inc                                                                      | CUSIP: 713448CM8<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9874.40      | 0.00%             | 2024-03-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| European Investment Bank                         | European Investment Bank                                                         | CUSIP: 298785GQ3<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    174000 | PA      | $168101.40    | 0.02%             | 2024-10-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                          | International Bank for Reconstruction & Development                              | CUSIP: 459058KA0<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    105000 | PA      | $87524.85     | 0.01%             | 2031-11-03      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                   | Morgan Stanley                                                                   | CUSIP: 61744YAK4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    119000 | PA      | $109833.43    | 0.01%             | 2028-07-22      | Fixed         | 3.59%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 9128286L9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    600000 | PA      | $567375.00    | 0.07%             | 2026-03-31      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| TRAVELERS COS INC                                | Travelers Cos Inc/The                                                            | CUSIP: 89417EAN9<br>LEI: 549300Y650407RU8B149 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16572.60     | 0.00%             | 2048-03-07      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| WRKCo Inc                                        | WRKCo Inc                                                                        | CUSIP: 96145DAB1<br>LEI: 549300JEB576INN13W07 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19137.00     | 0.00%             | 2024-09-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| VENTAS REALTY LP                                 | Ventas Realty LP                                                                 | CUSIP: 92277GAT4<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              |  | US        |     88000 | PA      | $83169.68     | 0.01%             | 2025-01-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| QUALCOMM INC                                     | QUALCOMM Inc                                                                     | CUSIP: 747525BJ1<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |     15000 | PA      | $11221.65     | 0.00%             | 2050-05-20      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ADANI GREEN ENERGY LTD                           | Adani Green Energy Ltd                                                           | CUSIP: 000000000<br>LEI: 335800ZBBU81OH211H17 | Long             | DBT              | CORP              | IN        |    200000 | PA      | $179958.00    | 0.02%             | 2024-09-08      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ERAC USA Finance LLC                             | ERAC USA Finance LLC                                                             | CUSIP: 26882PAR3<br>LEI: LTKX5ODQW6Z7BQ2K1V47 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5270.90      | 0.00%             | 2034-06-01      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| XILINX INC                                       | Xilinx Inc                                                                       | CUSIP: 983919AK7<br>LEI: 6EY4K7ZMF9UX1CU6KC79 | Long             | DBT              | CORP              | US        |     51000 | PA      | $43458.63     | 0.01%             | 2030-06-01      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENER HOUSTON                         | CenterPoint Energy Houston Electric LLC                                          | CUSIP: 15189XAS7<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |     45000 | PA      | $37314.90     | 0.00%             | 2048-03-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| CHINA EVERBRIGHT BK/LUX                          | China Everbright Bank Co Ltd/Luxembourg                                          | CUSIP: 000000000<br>LEI: 549300U6PKQ4H1P34E17 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $186174.00    | 0.02%             | 2024-09-14      | Fixed         | 0.83%                 | No            |                  2 | On Loan: No      |
| NUTRIEN LTD                                      | Nutrien Ltd                                                                      | CUSIP: 67077MAW8<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |     94000 | PA      | $80959.38     | 0.01%             | 2030-05-13      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| KAR Auction Services Inc                         | KAR Auction Services Inc                                                         | CUSIP: 48238TAA7<br>LEI: 5493004HKD20LBSG7D03 | Long             | DBT              | CORP              | US        |     22000 | PA      | $21527.22     | 0.00%             | 2025-06-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                           | WESCO Distribution Inc                                                           | CUSIP: 95081QAN4<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |    110000 | PA      | $111378.30    | 0.01%             | 2025-06-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| THOR INDUSTRIES                                  | Thor Industries Inc                                                              | CUSIP: 885160AA9<br>LEI: 254900XZO1228PDSG060 | Long             | DBT              | CORP              | US        |     35000 | PA      | $28340.55     | 0.00%             | 2029-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS                         | Discovery Communications LLC                                                     | CUSIP: 25470DBH1<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |     72000 | PA      | $52081.20     | 0.01%             | 2050-05-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| SELECT MEDICAL CORP                              | Select Medical Corp                                                              | CUSIP: 816196AT6<br>LEI: 549300X05KS0JKR8CB50 | Long             | DBT              | CORP              | US        |    107000 | PA      | $103544.97    | 0.01%             | 2026-08-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| AMERICAN INTL GROUP                              | American International Group Inc                                                 | CUSIP: 026874DL8<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |    120000 | PA      | $108853.20    | 0.01%             | 2048-04-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CF Industries Inc                                | CF Industries Inc                                                                | CUSIP: 12527GAF0<br>LEI: 5FVKT86LAD2F40NPC183 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95674.00     | 0.01%             | 2034-03-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| MARRIOTT OWNERSHIP RESOR                         | Marriott Ownership Resorts Inc                                                   | CUSIP: 57164PAH9<br>LEI: BW4532OH033VURR0IT68 | Long             | DBT              | CORP              | US        |     40000 | PA      | $34047.20     | 0.00%             | 2029-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DISCOVER BANK                                    | Discover Bank                                                                    | CUSIP: 25466AAQ4<br>LEI: X05BVSK68TQ7YTOSNR22 | Long             | DBT              | CORP              | US        |     50000 | PA      | $47291.00     | 0.01%             | 2024-09-12      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VEN0<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     40000 | PA      | $39070.80     | 0.01%             | 2025-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                   | Morgan Stanley                                                                   | CUSIP: 6174468V4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    305000 | PA      | $267411.80    | 0.03%             | 2026-12-10      | Fixed         | 0.99%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                           | PNC Financial Services Group Inc/The                                             | CUSIP: 693475BA2<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    125000 | PA      | $101776.25    | 0.01%             | 2032-04-23      | Fixed         | 2.31%                 | No            |                  2 | On Loan: No      |
| Conagra Brands Inc                               | Conagra Brands Inc                                                               | CUSIP: 205887CA8<br>LEI: 54930035UDEIH090K650 | Long             | DBT              | CORP              | US        |     92000 | PA      | $90895.08     | 0.01%             | 2024-05-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| ITC Holdings Corp                                | ITC Holdings Corp                                                                | CUSIP: 465685AJ4<br>LEI: 549300HTO5U9D3SLE207 | Long             | DBT              | CORP              | US        |     53000 | PA      | $51662.28     | 0.01%             | 2024-06-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Vulcan Materials Co                              | Vulcan Materials Co                                                              | CUSIP: 929160AY5<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | DBT              | CORP              | US        |     40000 | PA      | $34873.20     | 0.00%             | 2048-03-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| VONTIER CORP                                     | Vontier Corp                                                                     | CUSIP: 928881AB7<br>LEI: 549300VVSQLG4P5K4639 | Long             | DBT              | CORP              | US        |     84000 | PA      | $70917.84     | 0.01%             | 2026-04-01      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| SUMMIT MATERIALS LLC/FIN                         | Summit Materials LLC / Summit Materials Finance Corp                             | CUSIP: 86614RAN7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     56000 | PA      | $51695.28     | 0.01%             | 2029-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GLATFELTER                                       | Glatfelter Corp                                                                  | CUSIP: 377320AA4<br>LEI: 549300LDQLQBT38QDY28 | Long             | DBT              | CORP              | US        |     40000 | PA      | $26096.40     | 0.00%             | 2029-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| Digital Realty Trust LP                          | Digital Realty Trust LP                                                          | CUSIP: 25389JAR7<br>LEI: CD4SPTZ3YBTHY0C1AH38 | Long             | DBT              | CORP              | US        |    225000 | PA      | $210237.75    | 0.03%             | 2027-08-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: —       |
| SLM CORP                                         | SLM Corp                                                                         | CUSIP: 78442PGD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $36699.60     | 0.00%             | 2025-10-29      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| CLARIV SCI HLD CORP                              | Clarivate Science Holdings Corp                                                  | CUSIP: 18064PAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $67284.00     | 0.01%             | 2028-07-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DWCT8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    193254 | PA      | $159159.07    | 0.02%             | 2051-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XB3R9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     64893 | PA      | $55683.34     | 0.01%             | 2051-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                              | American Tower Corp                                                              | CUSIP: 03027XBR0<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     35000 | PA      | $30451.75     | 0.00%             | 2026-09-15      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| YARA INTERNATIONAL ASA                           | Yara International ASA                                                           | CUSIP: 984851AG0<br>LEI: 213800WKOUWXWFJ5Z514 | Long             | DBT              | CORP              | NO        |    105000 | PA      | $84624.75     | 0.01%             | 2030-06-04      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CCE9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2600000 | PA      | $2270937.50   | 0.30%             | 2028-05-31      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY DIRECT                            | Morgan Stanley Direct Lending Fund                                               | CUSIP: 61774AAD5<br>LEI: 549300QEX22T2J8IB029 | Long             | DBT              | CORP              | US        |     50000 | PA      | $46041.50     | 0.01%             | 2027-02-11      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CBRE SERVICES INC                                | CBRE Services Inc                                                                | CUSIP: 12505BAE0<br>LEI: 549300CTE3HOMEUMM603 | Long             | DBT              | CORP              | US        |     20000 | PA      | $15675.00     | 0.00%             | 2031-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ITC Holdings Corp                                | ITC Holdings Corp                                                                | CUSIP: 465685AP0<br>LEI: 549300HTO5U9D3SLE207 | Long             | DBT              | CORP              | US        |     90000 | PA      | $82852.20     | 0.01%             | 2027-11-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust              | CGMS Commercial Mortgage Trust 2017-B1                                           | CUSIP: 17326CBA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    143737 | PA      | $136373.73    | 0.02%             | 2050-08-15      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| Roper Technologies Inc                           | Roper Technologies Inc                                                           | CUSIP: 776743AB2<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |     62000 | PA      | $59981.28     | 0.01%             | 2025-12-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| CORPORATE OFFICE PROP LP                         | Corporate Office Properties LP                                                   | CUSIP: 22003BAM8<br>LEI: H0TWO5VRNEP6CQAWPX27 | Long             | DBT              |  | US        |     35000 | PA      | $26545.75     | 0.00%             | 2031-04-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| GATX Corp                                        | GATX Corp                                                                        | CUSIP: 361448AZ6<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4718.85      | 0.00%             | 2027-03-30      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                     | Centene Corp                                                                     | CUSIP: 15135BAW1<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    188000 | PA      | $155131.96    | 0.02%             | 2030-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TELEFLEX INC                                     | Teleflex Inc                                                                     | CUSIP: 879369AG1<br>LEI: UUL85LWXB4NGSWWXIQ25 | Long             | DBT              | CORP              | US        |     40000 | PA      | $37140.40     | 0.00%             | 2028-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Synchrony Financial                              | Synchrony Financial                                                              | CUSIP: 87165BAL7<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |     15000 | PA      | $13688.40     | 0.00%             | 2026-08-04      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                   | Home Depot Inc/The                                                               | CUSIP: 437076CF7<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     85000 | PA      | $66761.55     | 0.01%             | 2031-03-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Quest Diagnostics Inc                            | Quest Diagnostics Inc                                                            | CUSIP: 74834LAX8<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | DBT              | CORP              | US        |     37000 | PA      | $35904.80     | 0.00%             | 2025-03-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FIN SVCS INC                            | PennyMac Financial Services Inc                                                  | CUSIP: 70932MAB3<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |     50000 | PA      | $39188.50     | 0.01%             | 2029-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133GGX57<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    866008 | PA      | $757055.36    | 0.10%             | 2037-03-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| JPN BANK FOR INT'L COOP                          | Japan Bank for International Cooperation                                         | CUSIP: 471048CL0<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |    105000 | PA      | $82871.25     | 0.01%             | 2031-01-21      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| ARCH CAPITAL GROUP LTD                           | Arch Capital Group Ltd                                                           | CUSIP: 03939AAA5<br>LEI: 549300AYR4P8AFKDCE43 | Long             | DBT              | CORP              | BM        |     95000 | PA      | $66958.85     | 0.01%             | 2050-06-30      | Fixed         | 3.64%                 | No            |                  2 | On Loan: No      |
| JM SMUCKER CO                                    | J M Smucker Co/The                                                               | CUSIP: 832696AR9<br>LEI: 5493000WDH6A0LHDJD55 | Long             | DBT              | CORP              | US        |     35000 | PA      | $32606.70     | 0.00%             | 2027-12-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                      | PepsiCo Inc                                                                      | CUSIP: 713448ES3<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    167000 | PA      | $148815.37    | 0.02%             | 2030-03-19      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MBM1<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    250000 | PA      | $239617.50    | 0.03%             | 2024-07-16      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| NOVARTIS CAPITAL CORP                            | Novartis Capital Corp                                                            | CUSIP: 66989HAR9<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |    200000 | PA      | $172144.00    | 0.02%             | 2030-08-14      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| EBAY INC                                         | eBay Inc                                                                         | CUSIP: 278642AY9<br>LEI: OML71K8X303XQONU6T67 | Long             | DBT              | CORP              | US        |     40000 | PA      | $32784.80     | 0.00%             | 2031-05-10      | Fixed         | 2.60%                 | No            |                  2 | On Loan: —       |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VGK4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    302000 | PA      | $232823.88    | 0.03%             | 2041-03-22      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| General Mills Inc                                | General Mills Inc                                                                | CUSIP: 370334BZ6<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |     45000 | PA      | $42958.80     | 0.01%             | 2027-02-10      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Newell Brands Inc                                | Newell Brands Inc                                                                | CUSIP: 651229AY2<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |     50000 | PA      | $38870.00     | 0.01%             | 2046-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FRANKLIN RESOURCES INC                           | Franklin Resources Inc                                                           | CUSIP: 354613AM3<br>LEI: RIFQSET379FOGTEFKS80 | Long             | DBT              | CORP              | US        |     50000 | PA      | $31824.00     | 0.00%             | 2051-08-12      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| eBay Inc                                         | eBay Inc                                                                         | CUSIP: 278642AU7<br>LEI: OML71K8X303XQONU6T67 | Long             | DBT              | CORP              | US        |     67000 | PA      | $63404.78     | 0.01%             | 2027-06-05      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                | State Street Corp                                                                | CUSIP: 857477BT9<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16467.00     | 0.00%             | 2033-02-07      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| TRANE TECHNOLOGIES LUX                           | Trane Technologies Luxembourg Finance SA                                         | CUSIP: 456873AD0<br>LEI: 549300GHBOWCVY92IS29 | Long             | DBT              | CORP              | LU        |     83000 | PA      | $76966.73     | 0.01%             | 2029-03-21      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                            | Micron Technology Inc                                                            | CUSIP: 595112BU6<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |     65000 | PA      | $43116.45     | 0.01%             | 2051-11-01      | Fixed         | 3.48%                 | No            |                  2 | On Loan: No      |
| OTIS WORLDWIDE CORP                              | Otis Worldwide Corp                                                              | CUSIP: 68902VAJ6<br>LEI: 549300ZLBKR8VSU25153 | Long             | DBT              | CORP              | US        |     70000 | PA      | $63362.60     | 0.01%             | 2027-04-05      | Fixed         | 2.29%                 | No            |                  2 | On Loan: —       |
| Prudential Financial Inc                         | Prudential Financial Inc                                                         | CUSIP: 744320AW2<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |     87000 | PA      | $76173.72     | 0.01%             | 2047-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DWBN2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    942511 | PA      | $733491.44    | 0.10%             | 2051-05-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Roper Technologies Inc                           | Roper Technologies Inc                                                           | CUSIP: 776743AD8<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |    104000 | PA      | $100279.92    | 0.01%             | 2026-12-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| INSTALLED BUILDING PRODU                         | Installed Building Products Inc                                                  | CUSIP: 45780RAA9<br>LEI: 549300I95Y9P9YM5FI86 | Long             | DBT              | CORP              | US        |     20000 | PA      | $17529.40     | 0.00%             | 2028-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Regency Centers LP                               | Regency Centers LP                                                               | CUSIP: 75884RAV5<br>LEI: 5493008PTR2GAOYBXW28 | Long             | DBT              |  | US        |     85000 | PA      | $79900.85     | 0.01%             | 2027-02-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                      | Prologis LP                                                                      | CUSIP: 74340XBS9<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |     80000 | PA      | $61751.20     | 0.01%             | 2031-03-15      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                              | American Tower Corp                                                              | CUSIP: 03027XAV2<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     40000 | PA      | $38202.80     | 0.00%             | 2025-01-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                 | Bank of Montreal                                                                 | CUSIP: 06367WMQ3<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    359000 | PA      | $345562.63    | 0.05%             | 2024-06-28      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                          | Oncor Electric Delivery Co LLC                                                   | CUSIP: 68233JBG8<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     20000 | PA      | $17042.40     | 0.00%             | 2048-11-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| IHEARTCOMMUNICATIONS INC                         | iHeartCommunications Inc                                                         | CUSIP: 45174HBG1<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |     40000 | PA      | $34468.00     | 0.00%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| AMERICAN EXPRESS CO                              | American Express Co                                                              | CUSIP: 025816CX5<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |     40000 | PA      | $38456.40     | 0.01%             | 2033-05-26      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661DS3<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4311.90      | 0.00%             | 2049-04-05      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                   | Morgan Stanley                                                                   | CUSIP: 6174468Y8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    155000 | PA      | $99964.15     | 0.01%             | 2052-01-25      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                           | Brazilian Government International Bond                                          | CUSIP: 105756CE8<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    200000 | PA      | $171612.00    | 0.02%             | 2031-09-12      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DMB53<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     66277 | PA      | $62298.32     | 0.01%             | 2049-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET CAR/FINANCE                          | Avis Budget Car Rental LLC / Avis Budget Finance Inc                             | CUSIP: 053773BF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $44185.50     | 0.01%             | 2029-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| AERCAP IRELAND CAP/GLOBA                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAY1<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    150000 | PA      | $115329.00    | 0.02%             | 2033-10-29      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                           | NXP BV / NXP Funding LLC / NXP USA Inc                                           | CUSIP: 62954HAJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     40000 | PA      | $31514.40     | 0.00%             | 2032-02-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| QORVO INC                                        | Qorvo Inc                                                                        | CUSIP: 74736KAH4<br>LEI: 254900YAUJV2EUEVBR11 | Long             | DBT              | CORP              | US        |     64000 | PA      | $56905.60     | 0.01%             | 2029-10-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| GRIFOLS ESCROW ISSUER                            | Grifols Escrow Issuer SA                                                         | CUSIP: 39843UAA0<br>LEI: 959800HLB3PGTGSLVV62 | Long             | DBT              | CORP              | ES        |     30000 | PA      | $25095.90     | 0.00%             | 2028-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179WTY4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    934847 | PA      | $821031.40    | 0.11%             | 2051-12-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PepsiCo Inc                                      | PepsiCo Inc                                                                      | CUSIP: 713448CT3<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     40000 | PA      | $38432.80     | 0.01%             | 2025-04-30      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661EM5<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29854.50     | 0.00%             | 2053-04-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CFL0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    500000 | PA      | $503750.00    | 0.07%             | 2029-09-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| TRAVELERS COS INC                                | Travelers Cos Inc/The                                                            | CUSIP: 89417EAP4<br>LEI: 549300Y650407RU8B149 | Long             | DBT              | CORP              | US        |     52000 | PA      | $42954.60     | 0.01%             | 2049-03-04      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| PARKER-HANNIFIN CORP                             | Parker-Hannifin Corp                                                             | CUSIP: 701094AP9<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |    103000 | PA      | $83137.48     | 0.01%             | 2049-06-14      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DNN66<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    342874 | PA      | $315968.03    | 0.04%             | 2052-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NEXSTAR BROADCASTING INC                         | Nexstar Media Inc                                                                | CUSIP: 65336YAN3<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |     75000 | PA      | $66732.00     | 0.01%             | 2028-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| EMD Finance LLC                                  | EMD Finance LLC                                                                  | CUSIP: 26867LAL4<br>LEI: 529900C8KS5G529A0B76 | Long             | DBT              | CORP              | US        |    165000 | PA      | $158720.10    | 0.02%             | 2025-03-19      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET CAR/FINANCE                          | Avis Budget Car Rental LLC / Avis Budget Finance Inc                             | CUSIP: 053773BG1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     35000 | PA      | $30731.40     | 0.00%             | 2028-04-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179VZS2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    182628 | PA      | $166084.84    | 0.02%             | 2050-12-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Thomson Reuters Corp                             | Thomson Reuters Corp                                                             | CUSIP: 884903BH7<br>LEI: 549300561UZND4C7B569 | Long             | DBT              | CORP              | CA        |     22000 | PA      | $21581.78     | 0.00%             | 2040-04-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| ESTEE LAUDER CO INC                              | Estee Lauder Cos Inc/The                                                         | CUSIP: 29736RAQ3<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | DBT              | CORP              | US        |     75000 | PA      | $65203.50     | 0.01%             | 2030-04-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| ASTON MARTIN CAPITAL HOL                         | Aston Martin Capital Holdings Ltd                                                | CUSIP: 04625HAG4<br>LEI: 213800H4GKEF3CJ8C774 | Long             | DBT              | CORP              | JE        |     90000 | PA      | $86685.30     | 0.01%             | 2025-11-30      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| TRANS-ALLEGHENY INTERSTA                         | Trans-Allegheny Interstate Line Co                                               | CUSIP: 893045AE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     10000 | PA      | $9665.20      | 0.00%             | 2025-06-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| PAYPAL HOLDINGS INC                              | PayPal Holdings Inc                                                              | CUSIP: 70450YAN3<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27915.60     | 0.00%             | 2062-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CAMDEN PROPERTY TRUST                            | Camden Property Trust                                                            | CUSIP: 133131AX0<br>LEI: 5493002MYX22OHYJBD89 | Long             | DBT              |  | US        |     39000 | PA      | $34842.60     | 0.00%             | 2029-07-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| CBQ FINANCE LTD                                  | CBQ Finance Ltd                                                                  | CUSIP: 000000000<br>LEI: 213800FNEMX56U9OHK56 | Long             | DBT              | CORP              | BM        |    200000 | PA      | $179102.00    | 0.02%             | 2026-05-12      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| AMCOR FLEXIBLES NORTH AM                         | Amcor Flexibles North America Inc                                                | CUSIP: 081437AT2<br>LEI: PTVU09TE3QPJPL7K4E13 | Long             | DBT              | CORP              | US        |    115000 | PA      | $93798.60     | 0.01%             | 2030-06-19      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661CJ4<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     56000 | PA      | $56503.44     | 0.01%             | 2035-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HANOVER INSURANCE GROUP                          | Hanover Insurance Group Inc/The                                                  | CUSIP: 410867AG0<br>LEI: JJYR6MFKFF6CF8DBZ078 | Long             | DBT              | CORP              | US        |     50000 | PA      | $38679.50     | 0.01%             | 2030-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| HUNGARY                                          | Hungary Government International Bond                                            | CUSIP: 000000000<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |    200000 | PA      | $151374.00    | 0.02%             | 2031-09-22      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                               | BMW US Capital LLC                                                               | CUSIP: 05565EBL8<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |     70000 | PA      | $66754.10     | 0.01%             | 2030-04-09      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810TD0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3620000 | PA      | $2616015.63   | 0.34%             | 2052-02-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 9128282R0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    700000 | PA      | $651875.00    | 0.09%             | 2027-08-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| CHUBB INA HOLDINGS INC                           | Chubb INA Holdings Inc                                                           | CUSIP: 171239AH9<br>LEI: CZCBJZWDMLTHWJDXU843 | Long             | DBT              | CORP              | US        |     55000 | PA      | $37325.75     | 0.00%             | 2051-12-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810TG3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2800000 | PA      | $2329250.00   | 0.30%             | 2052-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| NEXSTAR BROADCASTING INC                         | Nexstar Media Inc                                                                | CUSIP: 65343HAA9<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |    125000 | PA      | $118451.25    | 0.02%             | 2027-07-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENER HOUSTON                         | CenterPoint Energy Houston Electric LLC                                          | CUSIP: 15189XAD0<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |     10000 | PA      | $11371.30     | 0.00%             | 2033-03-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| KB Home                                          | KB Home                                                                          | CUSIP: 48666KAX7<br>LEI: 549300LGUCWQURMWLG09 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29911.20     | 0.00%             | 2027-06-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF KOREA                                | Korea International Bond                                                         | CUSIP: 50064FAU8<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |    200000 | PA      | $166646.00    | 0.02%             | 2031-10-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XCB64<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    131467 | PA      | $113667.61    | 0.01%             | 2051-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Boston Properties LP                             | Boston Properties LP                                                             | CUSIP: 10112RBA1<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |     40000 | PA      | $37347.60     | 0.00%             | 2028-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| B3 SA-BRASIL BOLSA BALCA                         | B3 SA - Brasil Bolsa Balcao                                                      | CUSIP: 000000000<br>LEI: 4GTK5S46E6H318LMDS44 | Long             | DBT              | CORP              | BR        |    200000 | PA      | $164188.00    | 0.02%             | 2031-09-20      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Vulcan Materials Co                              | Vulcan Materials Co                                                              | CUSIP: 929160AS8<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49618.50     | 0.01%             | 2025-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MARTIN MARIETTA MATERIAL                         | Martin Marietta Materials Inc                                                    | CUSIP: 573284AN6<br>LEI: 5299005MZ4WZECVATV08 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4929.40      | 0.00%             | 2024-07-02      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CISCO SYSTEMS INC                                | Cisco Systems Inc                                                                | CUSIP: 17275RBL5<br>LEI: 8E6NF1YAL0WT6CWXXV93 | Long             | DBT              | CORP              | US        |    207000 | PA      | $196204.95    | 0.03%             | 2026-09-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| VISA INC                                         | Visa Inc                                                                         | CUSIP: 92826CAL6<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |    127000 | PA      | $115409.98    | 0.02%             | 2027-04-15      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QMW75<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    677067 | PA      | $579668.98    | 0.08%             | 2051-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                           | NXP BV / NXP Funding LLC / NXP USA Inc                                           | CUSIP: 62954HAN8<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    100000 | PA      | $64259.00     | 0.01%             | 2051-11-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                              | Travel + Leisure Co                                                              | CUSIP: 98310WAS7<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49071.00     | 0.01%             | 2026-07-31      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| MAXAR TECHNOLOGIES INC                           | Maxar Technologies Inc                                                           | CUSIP: 57778KAB1<br>LEI: 549300OEN2G821MIJ922 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14184.30     | 0.00%             | 2027-12-31      | Fixed         | 7.54%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                          | Starwood Property Trust Inc                                                      | CUSIP: 85571BAU9<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |     35000 | PA      | $31230.50     | 0.00%             | 2026-07-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Ventas Realty LP                                 | Ventas Realty LP                                                                 | CUSIP: 92277GAJ6<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              | CORP              | US        |     60000 | PA      | $55498.20     | 0.01%             | 2026-10-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Aflac Inc                                        | Aflac Inc                                                                        | CUSIP: 001055AQ5<br>LEI: 549300N0B7DOGLXWPP39 | Long             | DBT              | CORP              | US        |     70000 | PA      | $65671.90     | 0.01%             | 2026-10-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Amgen Inc                                        | Amgen Inc                                                                        | CUSIP: 031162BZ2<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    117000 | PA      | $101006.10    | 0.01%             | 2045-05-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| AMERICAN WATER CAPITAL C                         | American Water Capital Corp                                                      | CUSIP: 03040WAR6<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |     61000 | PA      | $48144.25     | 0.01%             | 2047-09-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN WATER CAPITAL C                         | American Water Capital Corp                                                      | CUSIP: 03040WAS4<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |     45000 | PA      | $43200.45     | 0.01%             | 2028-09-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| AFLAC INC                                        | Aflac Inc                                                                        | CUSIP: 001055BK7<br>LEI: 549300N0B7DOGLXWPP39 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8911.80      | 0.00%             | 2026-03-15      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| HEALTHPEAK PROPERTIES                            | Healthpeak Properties Inc                                                        | CUSIP: 40414LAN9<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24372.50     | 0.00%             | 2025-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XD3Q7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     93495 | PA      | $80066.97     | 0.01%             | 2051-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                              | American Tower Corp                                                              | CUSIP: 03027XAX8<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     94000 | PA      | $85203.48     | 0.01%             | 2027-01-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| PAYPAL HOLDINGS INC                              | PayPal Holdings Inc                                                              | CUSIP: 70450YAE3<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |     89000 | PA      | $77930.18     | 0.01%             | 2029-10-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| ERAC USA Finance LLC                             | ERAC USA Finance LLC                                                             | CUSIP: 26884TAP7<br>LEI: LTKX5ODQW6Z7BQ2K1V47 | Long             | DBT              | CORP              | US        |     77000 | PA      | $73750.60     | 0.01%             | 2025-11-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| AIR PRODUCTS & CHEMICALS                         | Air Products and Chemicals Inc                                                   | CUSIP: 009158AY2<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | DBT              | CORP              | US        |     43000 | PA      | $38476.83     | 0.01%             | 2027-05-15      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| CONSENSUS CLOUD SOLUTION                         | Consensus Cloud Solutions Inc                                                    | CUSIP: 20848VAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $36328.80     | 0.00%             | 2028-10-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TAYLOR MORRISON COMM                             | Taylor Morrison Communities Inc                                                  | CUSIP: 87724RAJ1<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |     35000 | PA      | $30541.35     | 0.00%             | 2030-08-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810TJ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1200000 | PA      | $1028250.00   | 0.13%             | 2052-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Arch Capital Finance LLC                         | Arch Capital Finance LLC                                                         | CUSIP: 03939CAB9<br>LEI: 549300XG4URFY0200M65 | Long             | DBT              | CORP              | US        |     29000 | PA      | $25181.86     | 0.00%             | 2046-12-15      | Fixed         | 5.03%                 | No            |                  2 | On Loan: No      |
| DAVITA INC                                       | DaVita Inc                                                                       | CUSIP: 23918KAS7<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |    205000 | PA      | $165916.75    | 0.02%             | 2030-06-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                            | Truist Financial Corp                                                            | CUSIP: 89788MAB8<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |     85000 | PA      | $69309.85     | 0.01%             | 2030-06-05      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| ERAC USA Finance LLC                             | ERAC USA Finance LLC                                                             | CUSIP: 26882PBE1<br>LEI: LTKX5ODQW6Z7BQ2K1V47 | Long             | DBT              | CORP              | US        |     30000 | PA      | $32717.70     | 0.00%             | 2037-10-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| BROADCOM CRP / CAYMN FI                          | Broadcom Corp / Broadcom Cayman Finance Ltd                                      | CUSIP: 11134LAR0<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | XX        |     10000 | PA      | $9152.80      | 0.00%             | 2028-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CARRIAGE SERVICES INC                            | Carriage Services Inc                                                            | CUSIP: 143905AP2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $22488.30     | 0.00%             | 2029-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| EQUINIX INC                                      | Equinix Inc                                                                      | CUSIP: 29444UBS4<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              |  | US        |      5000 | PA      | $4044.40      | 0.00%             | 2031-05-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                         | Alexandria Real Estate Equities Inc                                              | CUSIP: 015271AQ2<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |     15000 | PA      | $12876.75     | 0.00%             | 2049-04-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| LIONS GATE CAPITAL HOLD                          | Lions Gate Capital Holdings LLC                                                  | CUSIP: 53627NAE1<br>LEI: 549300MWJHNLR35C0837 | Long             | DBT              | CORP              | US        |     75000 | PA      | $48750.00     | 0.01%             | 2029-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| LEVEL 3 FINANCING INC                            | Level 3 Financing Inc                                                            | CUSIP: 527298BP7<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |     50000 | PA      | $42697.50     | 0.01%             | 2027-03-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| CAISSE D'AMORT DETTE SOC                         | Caisse d'Amortissement de la Dette Sociale                                       | CUSIP: 12802D2J4<br>LEI: 969500P04DQJS4BPM574 | Long             | DBT              | NUSS              | FR        |    300000 | PA      | $290703.00    | 0.04%             | 2025-05-17      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NVIDIA CORP                                      | NVIDIA Corp                                                                      | CUSIP: 67066GAM6<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | DBT              | CORP              | US        |    212000 | PA      | $182057.12    | 0.02%             | 2028-06-15      | Fixed         | 1.55%                 | No            |                  2 | On Loan: No      |
| MASTERCARD INC                                   | Mastercard Inc                                                                   | CUSIP: 57636QAP9<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |    149000 | PA      | $138903.76    | 0.02%             | 2030-03-26      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| ENTEGRIS INC                                     | Entegris Inc                                                                     | CUSIP: 29362UAC8<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |     30000 | PA      | $26781.00     | 0.00%             | 2028-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                              | Travel + Leisure Co                                                              | CUSIP: 98310WAQ1<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |     25000 | PA      | $20439.50     | 0.00%             | 2030-03-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                   | Morgan Stanley                                                                   | CUSIP: 61747YED3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    250000 | PA      | $194977.50    | 0.03%             | 2032-07-21      | Fixed         | 2.24%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                          | Dell International LLC / EMC Corp                                                | CUSIP: 24703TAG1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    105000 | PA      | $103369.35    | 0.01%             | 2029-10-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CEW7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1700000 | PA      | $1656304.70   | 0.22%             | 2027-06-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| PARK INTERMED HOLDINGS                           | Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer | CUSIP: 70052LAA1<br>LEI: N/A                  | Long             | DBT              |  | US        |     50000 | PA      | $50336.50     | 0.01%             | 2025-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Telefonica Emisiones SAU                         | Telefonica Emisiones SA                                                          | CUSIP: 87938WAC7<br>LEI: 549300Y5MFC4SW5Z3K71 | Long             | DBT              | CORP              | ES        |    299000 | PA      | $312425.10    | 0.04%             | 2036-06-20      | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| Zoetis Inc                                       | Zoetis Inc                                                                       | CUSIP: 98978VAL7<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |     15000 | PA      | $13875.90     | 0.00%             | 2027-09-12      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DN2Q5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    444671 | PA      | $434360.06    | 0.06%             | 2052-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QK4D7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    180930 | PA      | $149108.99    | 0.02%             | 2051-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                           | NXP BV / NXP Funding LLC / NXP USA Inc                                           | CUSIP: 62954HAZ1<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     20000 | PA      | $19034.20     | 0.00%             | 2026-06-18      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BRIXMOR OPERATING PART                           | Brixmor Operating Partnership LP                                                 | CUSIP: 11120VAJ2<br>LEI: 549300CJHBL7JBUA6503 | Long             | DBT              |  | US        |    120000 | PA      | $105481.20    | 0.01%             | 2030-07-01      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| CSL Finance PLC                                  | CSL Finance PLC                                                                  | CUSIP: 12661PAE9<br>LEI: 2549007CCNBNAF4HBC02 | Long             | DBT              | CORP              | GB        |    160000 | PA      | $145720.00    | 0.02%             | 2052-04-27      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                          | BPCE SA                                                                          | CUSIP: 05578AAP3<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |     90000 | PA      | $79112.70     | 0.01%             | 2026-01-20      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                   | Morgan Stanley                                                                   | CUSIP: 6174468Q5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     85000 | PA      | $79042.35     | 0.01%             | 2026-04-28      | Fixed         | 2.19%                 | No            |                  2 | On Loan: No      |
| Texas Instruments Inc                            | Texas Instruments Inc                                                            | CUSIP: 882508BC7<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |     52000 | PA      | $48663.16     | 0.01%             | 2027-11-03      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                           | Standard Chartered PLC                                                           | CUSIP: 853254BU3<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    152000 | PA      | $110870.32    | 0.01%             | 2036-02-18      | Fixed         | 3.27%                 | No            |                  2 | On Loan: No      |
| NEWMONT CORP                                     | Newmont Corp                                                                     | CUSIP: 651639AP1<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | DBT              | CORP              | US        |     60000 | PA      | $55065.60     | 0.01%             | 2042-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Kraft Heinz Foods Co                             | Kraft Heinz Foods Co                                                             | CUSIP: 50076QAE6<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |    140000 | PA      | $131499.20    | 0.02%             | 2042-06-04      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                 | Crown Castle Inc                                                                 | CUSIP: 22822VAP6<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |     45000 | PA      | $35138.70     | 0.00%             | 2049-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| REPUBLICA ORIENT URUGUAY                         | Uruguay Government International Bond                                            | CUSIP: 760942AY8<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |    215000 | PA      | $200225.20    | 0.03%             | 2045-11-20      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| Vulcan Materials Co                              | Vulcan Materials Co                                                              | CUSIP: 929160AV1<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | DBT              | CORP              | US        |     27000 | PA      | $23069.34     | 0.00%             | 2047-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                              | American Tower Corp                                                              | CUSIP: 03027XAZ3<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     95000 | PA      | $89293.35     | 0.01%             | 2025-03-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| STANLEY BLACK & DECKER I                         | Stanley Black & Decker Inc                                                       | CUSIP: 854502AA9<br>LEI: 549300DJ09SMTO561131 | Long             | DBT              | CORP              | US        |     31000 | PA      | $30136.65     | 0.00%             | 2040-09-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Gray Television Inc                              | Gray Television Inc                                                              | CUSIP: 389375AJ5<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |     65000 | PA      | $59908.55     | 0.01%             | 2026-07-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MOTION BONDCO DAC                                | Motion Bondco DAC                                                                | CUSIP: 61978XAA5<br>LEI: 635400KFD3IETNQLA755 | Long             | DBT              | CORP              | IE        |     40000 | PA      | $34862.40     | 0.00%             | 2027-11-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XDDB9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    328970 | PA      | $271363.85    | 0.04%             | 2051-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| PRUDENTIAL FINANCIAL INC                         | Prudential Financial Inc                                                         | CUSIP: 74432QCH6<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    105000 | PA      | $94913.70     | 0.01%             | 2026-03-10      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 9128286A3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    560000 | PA      | $536550.00    | 0.07%             | 2026-01-31      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| BIOGEN INC                                       | Biogen Inc                                                                       | CUSIP: 09062XAK9<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | DBT              | CORP              | US        |    119000 | PA      | $82702.62     | 0.01%             | 2051-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ROPER TECHNOLOGIES INC                           | Roper Technologies Inc                                                           | CUSIP: 776743AM8<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |    110000 | PA      | $99019.80     | 0.01%             | 2025-09-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                              | American Tower Corp                                                              | CUSIP: 03027XBG4<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |    105000 | PA      | $81931.50     | 0.01%             | 2030-10-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| HCA INC                                          | HCA Inc                                                                          | CUSIP: 404119CC1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |     70000 | PA      | $54993.40     | 0.01%             | 2031-07-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| WESTERN ALLIANCE BANCORP                         | Western Alliance Bancorp                                                         | CUSIP: 957638AD1<br>LEI: 5493003VJXZ5JXT9S762 | Long             | DBT              | CORP              | US        |     35000 | PA      | $29684.20     | 0.00%             | 2031-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC                             | Keurig Dr Pepper Inc                                                             | CUSIP: 49271VAK6<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |     45000 | PA      | $34463.70     | 0.00%             | 2050-05-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| YUM! BRANDS INC                                  | Yum! Brands Inc                                                                  | CUSIP: 988498AL5<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |     70000 | PA      | $63854.00     | 0.01%             | 2030-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ASHTEAD CAPITAL INC                              | Ashtead Capital Inc                                                              | CUSIP: 045054AP8<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |     15000 | PA      | $11652.00     | 0.00%             | 2031-08-12      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| AMPHENOL CORP                                    | Amphenol Corp                                                                    | CUSIP: 032095AJ0<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |     70000 | PA      | $60760.00     | 0.01%             | 2030-02-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| American Express Credit Account Master Trust     | American Express Credit Account Master Trust                                     | CUSIP: 02582JJT8<br>LEI: 549300Y4SA5G3GIJTP18 | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $966430.43    | 0.13%             | 2027-05-15      | Fixed         | 3.39%                 | No            |                  2 | On Loan: No      |
| H.B. FULLER CO                                   | HB Fuller Co                                                                     | CUSIP: 359694AB2<br>LEI: JSMX3Z5FOYM8V0Q52357 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27702.90     | 0.00%             | 2027-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC SERVICES INC                            | Republic Services Inc                                                            | CUSIP: 760759AW0<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |     61000 | PA      | $43278.28     | 0.01%             | 2050-03-01      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VER1<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    216000 | PA      | $210079.44    | 0.03%             | 2028-09-21      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| XLIT Ltd                                         | XLIT Ltd                                                                         | CUSIP: 98420EAD7<br>LEI: 635400XCGXK8NVDIVE95 | Long             | DBT              | CORP              | KY        |     60000 | PA      | $56970.60     | 0.01%             | 2045-03-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                      | PROLOGIS LP                                                                      | CUSIP: 74340XBY6<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              | CORP              | US        |     24000 | PA      | $20924.88     | 0.00%             | 2029-11-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                   | Air Lease Corp                                                                   | CUSIP: 00914AAJ1<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |     15000 | PA      | $13821.30     | 0.00%             | 2026-01-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: —       |
| Dell Inc                                         | Dell Inc                                                                         | CUSIP: 24702RAF8<br>LEI: 3E70L4WYANTIWWIPHC81 | Long             | DBT              | CORP              | US        |     45000 | PA      | $45048.60     | 0.01%             | 2038-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822BB9<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |     30000 | PA      | $26424.00     | 0.00%             | 2038-07-26      | Fixed         | 4.29%                 | No            |                  2 | On Loan: No      |
| KLA CORP                                         | KLA Corp                                                                         | CUSIP: 482480AM2<br>LEI: 549300H0BF5JCG96TJ81 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96796.00     | 0.01%             | 2052-07-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| OWENS-BROCKWAY                                   | Owens-Brockway Glass Container Inc                                               | CUSIP: 69073TAT0<br>LEI: V2UQUCDZJ9WY98W8QU33 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48264.50     | 0.01%             | 2027-05-13      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                            | Truist Financial Corp                                                            | CUSIP: 89788MAG7<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    200000 | PA      | $189512.00    | 0.02%             | 2028-06-06      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| SERVICE CORP INTL                                | Service Corp International/US                                                    | CUSIP: 817565CD4<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |     40000 | PA      | $37336.00     | 0.00%             | 2027-12-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| TELEDYNE TECHNOLOGIES IN                         | Teledyne Technologies Inc                                                        | CUSIP: 879360AD7<br>LEI: 549300VSMO9KYQWDND94 | Long             | DBT              | CORP              | US        |    135000 | PA      | $116780.40    | 0.02%             | 2028-04-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Ventas Realty LP                                 | Ventas Realty LP                                                                 | CUSIP: 92277GAD9<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              |  | US        |     19000 | PA      | $18512.84     | 0.00%             | 2024-05-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CSL Finance PLC                                  | CSL Finance PLC                                                                  | CUSIP: 12661PAC3<br>LEI: 2549007CCNBNAF4HBC02 | Long             | DBT              | CORP              | GB        |     20000 | PA      | $19026.40     | 0.00%             | 2032-04-27      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Voya Financial Inc                               | Voya Financial Inc                                                               | CUSIP: 929089AB6<br>LEI: 549300T065Z4KJ686G75 | Long             | DBT              | CORP              | US        |     39000 | PA      | $37007.88     | 0.00%             | 2026-06-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| PepsiCo Inc                                      | PepsiCo Inc                                                                      | CUSIP: 713448DY1<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    117000 | PA      | $110937.06    | 0.01%             | 2027-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                              | Sherwin-Williams Co/The                                                          | CUSIP: 824348BN5<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |     65000 | PA      | $51552.15     | 0.01%             | 2032-03-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132D6AM2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    376117 | PA      | $347714.92    | 0.05%             | 2036-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| EMPOWER FINANCE 2020 LP                          | Empower Finance 2020 LP                                                          | CUSIP: 29248HAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    140000 | PA      | $106953.00    | 0.01%             | 2031-03-17      | Fixed         | 1.78%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                | State Street Corp                                                                | CUSIP: 857477BP7<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    150000 | PA      | $121816.50    | 0.02%             | 2031-03-03      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| TRITON CONTAINER/TAL INT                         | Triton Container International Ltd / TAL International Container Corp            | CUSIP: 89681LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     25000 | PA      | $19476.50     | 0.00%             | 2032-03-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| International Paper Co                           | International Paper Co                                                           | CUSIP: 460146CK7<br>LEI: 824LMFJDH41EY779Q875 | Long             | DBT              | CORP              | US        |     58000 | PA      | $51370.02     | 0.01%             | 2044-06-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP                           | Aviation Capital Group LLC                                                       | CUSIP: 05369AAD3<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |     70000 | PA      | $65067.10     | 0.01%             | 2025-08-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| AMPHENOL CORP                                    | Amphenol Corp                                                                    | CUSIP: 032095AL5<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8034.70      | 0.00%             | 2031-09-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Prologis LP                                      | Prologis LP                                                                      | CUSIP: 74340XBH3<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              | CORP              | US        |    120000 | PA      | $114051.60    | 0.01%             | 2028-09-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| WW Grainger Inc                                  | WW Grainger Inc                                                                  | CUSIP: 384802AD6<br>LEI: 549300TWZSP6O1IH2V34 | Long             | DBT              | CORP              | US        |     35000 | PA      | $30044.35     | 0.00%             | 2047-05-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KNWU3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    282951 | PA      | $242171.41    | 0.03%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| STATE OF QATAR                                   | Qatar Government International Bond                                              | CUSIP: 000000000<br>LEI: 52990074F6OJOAXK4P65 | Long             | DBT              | NUSS              | QA        |    200000 | PA      | $195654.00    | 0.03%             | 2025-04-16      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| CNTRL PARENT/CDK GLB INC                         | Central Parent Inc / CDK Global Inc                                              | CUSIP: 15477CAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $48911.50     | 0.01%             | 2029-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Welltower Inc                                    | Welltower Inc                                                                    | CUSIP: 95040QAD6<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              |  | US        |     25000 | PA      | $23675.50     | 0.00%             | 2028-04-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CRH America Inc                                  | CRH America Inc                                                                  | CUSIP: 12626PAN3<br>LEI: 549300RN11MJ182CNF63 | Long             | DBT              | CORP              | US        |     35000 | PA      | $31628.10     | 0.00%             | 2045-05-18      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| SENSATA TECHNOLOGIES INC                         | Sensata Technologies Inc                                                         | CUSIP: 81728UAB0<br>LEI: 5493002MMDDCUNV7NY90 | Long             | DBT              | CORP              | US        |     50000 | PA      | $41575.50     | 0.01%             | 2031-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| MICROSOFT CORP                                   | Microsoft Corp                                                                   | CUSIP: 594918CE2<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    555000 | PA      | $412043.10    | 0.05%             | 2052-03-17      | Fixed         | 2.92%                 | No            |                  2 | On Loan: No      |
| CITIZENS FINANCIAL GROUP                         | Citizens Financial Group Inc                                                     | CUSIP: 174610AK1<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29270.40     | 0.00%             | 2025-12-03      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| European Investment Bank                         | European Investment Bank                                                         | CUSIP: 298785HV1<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    105000 | PA      | $102514.65    | 0.01%             | 2024-03-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 31418EDH0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     27289 | PA      | $25180.01     | 0.00%             | 2037-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                         | Caterpillar Financial Services Corp                                              | CUSIP: 14913R2C0<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |     90000 | PA      | $83813.40     | 0.01%             | 2025-05-15      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| Kimberly-Clark Corp                              | Kimberly-Clark Corp                                                              | CUSIP: 494368BG7<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | DBT              | CORP              | US        |     52000 | PA      | $52757.12     | 0.01%             | 2041-03-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Trimble Inc                                      | Trimble Inc                                                                      | CUSIP: 896239AA8<br>LEI: 549300E2MI7NSZFQWS19 | Long             | DBT              | CORP              | US        |     35000 | PA      | $34720.00     | 0.00%             | 2024-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Conagra Brands Inc                               | Conagra Brands Inc                                                               | CUSIP: 205887CC4<br>LEI: 54930035UDEIH090K650 | Long             | DBT              | CORP              | US        |     86000 | PA      | $84087.36     | 0.01%             | 2028-11-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| GATX Corp                                        | GATX Corp                                                                        | CUSIP: 361448AY9<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |     35000 | PA      | $32474.05     | 0.00%             | 2026-09-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Aptiv PLC                                        | Aptiv PLC                                                                        | CUSIP: 03835VAG1<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |     12000 | PA      | $11178.60     | 0.00%             | 2029-03-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs. | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137F64P9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    180000 | PA      | $157339.18    | 0.02%             | 2027-09-25      | Fixed         | 1.34%                 | No            |                  2 | On Loan: No      |
| PTC Inc                                          | PTC Inc                                                                          | CUSIP: 69370CAB6<br>LEI: 54930050SSMU8SKDJ030 | Long             | DBT              | CORP              | US        |     42000 | PA      | $39958.80     | 0.01%             | 2025-02-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                      | Equinix Inc                                                                      | CUSIP: 29444UBR6<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              |  | US        |     65000 | PA      | $54904.85     | 0.01%             | 2028-05-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BNG Bank NV                                      | BNG Bank NV                                                                      | CUSIP: 05591F2D1<br>LEI: 529900GGYMNGRQTDOO93 | Long             | DBT              | NUSS              | NL        |     50000 | PA      | $48754.50     | 0.01%             | 2024-02-27      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810TC2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1800000 | PA      | $1311187.50   | 0.17%             | 2041-11-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| INTL FINANCE CORP                                | International Finance Corp                                                       | CUSIP: 45950KCR9<br>LEI: QKL54NQY28TCDAI75F60 | Long             | DBT              | NUSS              | XX        |    365000 | PA      | $344950.55    | 0.05%             | 2024-10-16      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATL INFO SERV                          | Fidelity National Information Services Inc                                       | CUSIP: 31620MAU0<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |     50000 | PA      | $39810.00     | 0.01%             | 2046-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CRH America Finance Inc                          | CRH America Finance Inc                                                          | CUSIP: 12636YAB8<br>LEI: 549300WEVUODRJ4CWK56 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8322.60      | 0.00%             | 2047-05-09      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661DV6<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28314.00     | 0.00%             | 2040-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hexcel Corp                                      | Hexcel Corp                                                                      | CUSIP: 428291AM0<br>LEI: S6Q7LW43WUBUHXY2QP69 | Long             | DBT              | CORP              | US        |     39000 | PA      | $38439.57     | 0.01%             | 2025-08-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| FIRST HORIZON BANK                               | First Horizon Bank                                                               | CUSIP: 337158AJ8<br>LEI: COOWI3L2W9TPYR3WJX37 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19643.20     | 0.00%             | 2030-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CHURCH & DWIGHT CO INC                           | Church & Dwight Co Inc                                                           | CUSIP: 17136MAB8<br>LEI: POOXSI30AWAQGYJZC921 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4747.05      | 0.00%             | 2052-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                | State Street Corp                                                                | CUSIP: 857477BM4<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    125000 | PA      | $118763.75    | 0.02%             | 2026-03-30      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                            | Level 3 Financing Inc                                                            | CUSIP: 527298BS1<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |     60000 | PA      | $44292.00     | 0.01%             | 2029-01-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                      | PepsiCo Inc                                                                      | CUSIP: 713448EQ7<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     87000 | PA      | $83130.24     | 0.01%             | 2025-03-19      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| SINGTEL GROUP TREASURY                           | SingTel Group Treasury Pte Ltd                                                   | CUSIP: 000000000<br>LEI: 2549002FQJ4364A54N70 | Long             | DBT              | CORP              | SG        |    200000 | PA      | $173352.00    | 0.02%             | 2029-08-28      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Republic of Korea                                | Korea International Bond                                                         | CUSIP: 50064FAM6<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |    200000 | PA      | $188970.00    | 0.02%             | 2027-01-19      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KLHN0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     63746 | PA      | $52588.31     | 0.01%             | 2051-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| KEY BANK NA                                      | KeyBank NA/Cleveland OH                                                          | CUSIP: 49327V2A1<br>LEI: HUX2X73FUCYHUVH1BK78 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14070.60     | 0.00%             | 2026-05-20      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT CORP                                   | Open Text Corp                                                                   | CUSIP: 683715AC0<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |     70000 | PA      | $59054.10     | 0.01%             | 2028-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810SQ2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1390000 | PA      | $882867.19    | 0.12%             | 2040-08-15      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| PPL ELECTRIC UTILITIES                           | PPL Electric Utilities Corp                                                      | CUSIP: 69351UAV5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     60000 | PA      | $50863.80     | 0.01%             | 2048-06-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| CISCO SYSTEMS INC                                | Cisco Systems Inc                                                                | CUSIP: 17275RBC5<br>LEI: 8E6NF1YAL0WT6CWXXV93 | Long             | DBT              | CORP              | US        |     72000 | PA      | $69207.84     | 0.01%             | 2026-02-28      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| VONTIER CORP                                     | Vontier Corp                                                                     | CUSIP: 928881AF8<br>LEI: 549300VVSQLG4P5K4639 | Long             | DBT              | CORP              | US        |     48000 | PA      | $34754.40     | 0.00%             | 2031-04-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| PULTEGROUP INC                                   | PulteGroup Inc                                                                   | CUSIP: 745867AM3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     25000 | PA      | $27916.50     | 0.00%             | 2032-06-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                         | Caterpillar Financial Services Corp                                              | CUSIP: 14913Q2V0<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |    130000 | PA      | $126642.10    | 0.02%             | 2024-05-17      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| WELLTOWER INC                                    | Welltower Inc                                                                    | CUSIP: 95040QAK0<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              |  | US        |     85000 | PA      | $77434.15     | 0.01%             | 2027-02-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DVLS2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    153335 | PA      | $126698.21    | 0.02%             | 2051-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BANK OF CHINA                                    | Bank of China Ltd                                                                | CUSIP: 06120TAA6<br>LEI: 54930053HGCFWVHYZX42 | Long             | DBT              | CORP              | CN        |    400000 | PA      | $397288.00    | 0.05%             | 2024-11-13      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CROATIA                                          | Croatia Government International Bond                                            | CUSIP: 000000000<br>LEI: 74780000O00QGQ7CER13 | Long             | DBT              | NUSS              | HR        |    200000 | PA      | $201502.00    | 0.03%             | 2024-01-26      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Asian Development Bank                           | Asian Development Bank                                                           | CUSIP: 045167EG4<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |     25000 | PA      | $23584.00     | 0.00%             | 2028-01-19      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY TRANSMISSION                         | FirstEnergy Transmission LLC                                                     | CUSIP: 33767BAA7<br>LEI: 549300AINIIPOLYX2R63 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27777.60     | 0.00%             | 2044-07-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| European Investment Bank                         | European Investment Bank                                                         | CUSIP: 298785HM1<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    230000 | PA      | $215631.90    | 0.03%             | 2027-05-24      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| GLP CHINA HOLDINGS LTD                           | GLP China Holdings Ltd                                                           | CUSIP: 000000000<br>LEI: 254900C6X2D3TGF2CO98 | Long             | DBT              | CORP              | HK        |    200000 | PA      | $127042.00    | 0.02%             | 2026-03-29      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| UNIVAR SOLUTIONS USA INC                         | Univar Solutions USA Inc/Washington                                              | CUSIP: 91337CAA4<br>LEI: 5493008FTB9VZW6CVA82 | Long             | DBT              | CORP              | US        |     25000 | PA      | $23931.50     | 0.00%             | 2027-12-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Whirlpool Corp                                   | Whirlpool Corp                                                                   | CUSIP: 963320AW6<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9733.90      | 0.00%             | 2029-02-26      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PERRIGO FINANCE UNLIMITD                         | Perrigo Finance Unlimited Co                                                     | CUSIP: 714295AA0<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | IE        |     10000 | PA      | $6733.40      | 0.00%             | 2044-12-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCKS FINAN NA                          | Daimler Trucks Finance North America LLC                                         | CUSIP: 233853AM2<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9299.20      | 0.00%             | 2027-04-07      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| JM SMUCKER CO                                    | J M Smucker Co/The                                                               | CUSIP: 832696AV0<br>LEI: 5493000WDH6A0LHDJD55 | Long             | DBT              | CORP              | US        |      5000 | PA      | $3385.20      | 0.00%             | 2041-09-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| APTARGROUP INC                                   | AptarGroup Inc                                                                   | CUSIP: 038336AA1<br>LEI: VNPEQDQFAA7IY1T2PX43 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8404.90      | 0.00%             | 2032-03-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| DIGITAL REALTY TRUST LP                          | Digital Realty Trust LP                                                          | CUSIP: 25389JAU0<br>LEI: CD4SPTZ3YBTHY0C1AH38 | Long             | DBT              |  | US        |     45000 | PA      | $40804.65     | 0.01%             | 2029-07-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                     | Comcast Corp                                                                     | CUSIP: 20030NCC3<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     75000 | PA      | $61083.00     | 0.01%             | 2047-11-01      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| ONTARIO (PROVINCE OF)                            | Province of Ontario Canada                                                       | CUSIP: 683234AQ1<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |    190000 | PA      | $165860.50    | 0.02%             | 2027-05-21      | Fixed         | 1.05%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC                                   | S&P Global Inc                                                                   | CUSIP: 78409VBC7<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |     50000 | PA      | $43142.00     | 0.01%             | 2032-03-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| WINTRUST FINANCIAL CORP                          | Wintrust Financial Corp                                                          | CUSIP: 97650WAG3<br>LEI: Q774KI4AW80FHFW33O61 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27435.30     | 0.00%             | 2029-06-06      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                             | OneMain Finance Corp                                                             | CUSIP: 85172FAM1<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97183.00     | 0.01%             | 2025-03-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| SALESFORCE INC                                   | Salesforce Inc                                                                   | CUSIP: 79466LAK0<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | DBT              | CORP              | US        |     27000 | PA      | $19983.51     | 0.00%             | 2041-07-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| QUANTA SERVICES INC                              | Quanta Services Inc                                                              | CUSIP: 74762EAF9<br>LEI: SHVRXXEACT60MMH07S24 | Long             | DBT              | CORP              | US        |     46000 | PA      | $38294.08     | 0.00%             | 2030-10-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| NEWMONT CORP                                     | Newmont Corp                                                                     | CUSIP: 651639AZ9<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | DBT              | CORP              | US        |     80000 | PA      | $64268.00     | 0.01%             | 2032-07-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810RQ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1360000 | PA      | $1041675.00   | 0.14%             | 2046-02-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133L8UY9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     93740 | PA      | $84295.46     | 0.01%             | 2037-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                   | Home Depot Inc/The                                                               | CUSIP: 437076CH3<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     50000 | PA      | $42925.50     | 0.01%             | 2028-09-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| VAIL RESORTS INC                                 | Vail Resorts Inc                                                                 | CUSIP: 91879QAL3<br>LEI: 529900PSZHRNU9HKH870 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50196.50     | 0.01%             | 2025-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CEE7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1680000 | PA      | $1546387.50   | 0.20%             | 2029-03-31      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| SURGERY CENTER HOLDINGS                          | Surgery Center Holdings Inc                                                      | CUSIP: 84611WAB0<br>LEI: 54930054EVI5HWPPW113 | Long             | DBT              | CORP              | US        |     31000 | PA      | $30550.50     | 0.00%             | 2025-07-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                           | Asian Development Bank                                                           | CUSIP: 045167EW9<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    190000 | PA      | $171222.30    | 0.02%             | 2025-09-03      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| AGRICULTURAL BK CHINA/SG                         | Agricultural Bank Of China Ltd/Singapore                                         | CUSIP: 000000000<br>LEI: 549300E7TSGLCOVSY746 | Long             | DBT              | CORP              | CN        |    200000 | PA      | $181488.00    | 0.02%             | 2026-03-02      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                   | Microsoft Corp                                                                   | CUSIP: 594918BU7<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87719.00     | 0.01%             | 2056-08-08      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810FT0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    100000 | PA      | $108875.00    | 0.01%             | 2036-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RAS6<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     60000 | PA      | $56541.60     | 0.01%             | 2024-04-26      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MAK6<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     90000 | PA      | $83381.40     | 0.01%             | 2026-10-19      | Fixed         | 3.01%                 | No            |                  2 | On Loan: No      |
| DXC TECHNOLOGY CO                                | DXC Technology Co                                                                | CUSIP: 23355LAM8<br>LEI: 549300DOVZ3EDJB7O259 | Long             | DBT              | CORP              | US        |     50000 | PA      | $42905.00     | 0.01%             | 2028-09-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| BANQUE FED CRED MUTUEL                           | Banque Federative du Credit Mutuel SA                                            | CUSIP: 06675FAX5<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |     40000 | PA      | $36548.40     | 0.00%             | 2025-02-04      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| STANLEY BLACK & DECKER I                         | Stanley Black & Decker Inc                                                       | CUSIP: 854502AH4<br>LEI: 549300DJ09SMTO561131 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19479.00     | 0.00%             | 2028-11-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                            | Truist Financial Corp                                                            | CUSIP: 89788MAD4<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    150000 | PA      | $133000.50    | 0.02%             | 2027-03-02      | Fixed         | 1.27%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XB4Y3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1213831 | PA      | $1076180.95   | 0.14%             | 2051-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN WATER CAPITAL C                         | American Water Capital Corp                                                      | CUSIP: 03040WAM7<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |     15000 | PA      | $12869.40     | 0.00%             | 2045-09-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                   | Microsoft Corp                                                                   | CUSIP: 594918BK9<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |     35000 | PA      | $34830.60     | 0.00%             | 2035-11-03      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VFT6<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    168000 | PA      | $115288.32    | 0.02%             | 2040-11-20      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS ENTERTAINMENT                          | Six Flags Entertainment Corp                                                     | CUSIP: 83001AAC6<br>LEI: 549300JYTDUAA4JQ3717 | Long             | DBT              | CORP              | US        |     35000 | PA      | $31659.60     | 0.00%             | 2027-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912828U24<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4000000 | PA      | $3715000.00   | 0.48%             | 2026-11-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Yara International ASA                           | Yara International ASA                                                           | CUSIP: 984851AD7<br>LEI: 213800WKOUWXWFJ5Z514 | Long             | DBT              | CORP              | NO        |     15000 | PA      | $13864.05     | 0.00%             | 2026-06-06      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Keurig Dr Pepper Inc                             | Keurig Dr Pepper Inc                                                             | CUSIP: 26138EAX7<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |     25000 | PA      | $23483.25     | 0.00%             | 2027-06-15      | Fixed         | 3.43%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                            | Truist Financial Corp                                                            | CUSIP: 89788MAA0<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    105000 | PA      | $95536.35     | 0.01%             | 2025-08-05      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| STANLEY BLACK & DECKER I                         | Stanley Black & Decker Inc                                                       | CUSIP: 854502AM3<br>LEI: 549300DJ09SMTO561131 | Long             | DBT              | CORP              | US        |    153000 | PA      | $131575.41    | 0.02%             | 2060-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAE5<br>LEI: 549300TI38531ODB1G63 | Long             | DBT              | CORP              | IE        |    200000 | PA      | $178852.00    | 0.02%             | 2028-01-23      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| LITHIA MOTORS INC                                | Lithia Motors Inc                                                                | CUSIP: 536797AG8<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |     60000 | PA      | $50332.80     | 0.01%             | 2029-06-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Vulcan Materials Co                              | Vulcan Materials Co                                                              | CUSIP: 929160AT6<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | DBT              | CORP              | US        |    175000 | PA      | $167240.50    | 0.02%             | 2027-04-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC                             | Keurig Dr Pepper Inc                                                             | CUSIP: 49271VAM2<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |     55000 | PA      | $38631.45     | 0.01%             | 2051-03-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| MAF SUKUK LTD                                    | MAF Sukuk Ltd                                                                    | CUSIP: 000000000<br>LEI: 549300IS9H0W5N2N4K34 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $184392.00    | 0.02%             | 2030-02-28      | Fixed         | 3.93%                 | No            |                  2 | On Loan: No      |
| Fair Isaac Corp                                  | Fair Isaac Corp                                                                  | CUSIP: 303250AE4<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29661.30     | 0.00%             | 2026-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CINEMARK USA INC                                 | Cinemark USA Inc                                                                 | CUSIP: 172441BF3<br>LEI: 54930008H2137JSCPQ09 | Long             | DBT              | CORP              | US        |     60000 | PA      | $47928.00     | 0.01%             | 2028-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XCEW4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    989834 | PA      | $856060.84    | 0.11%             | 2051-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BRITISH COLUMBIA PROV OF                         | Province of British Columbia Canada                                              | CUSIP: 110709DL3<br>LEI: 54930058TO7MEKUHWL16 | Long             | DBT              | NUSS              | CA        |    125000 | PA      | $131857.50    | 0.02%             | 2026-01-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ABU DHABI GOVT INT'L                             | Abu Dhabi Government International Bond                                          | CUSIP: 000000000<br>LEI: 213800FER4348CINTA77 | Long             | DBT              | NUSS              | AE        |    200000 | PA      | $167656.00    | 0.02%             | 2050-04-16      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| SALESFORCE INC                                   | Salesforce Inc                                                                   | CUSIP: 79466LAJ3<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | DBT              | CORP              | US        |    205000 | PA      | $167382.50    | 0.02%             | 2031-07-15      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| TURKIYE VAKIFLAR BANKASI                         | Turkiye Vakiflar Bankasi TAO                                                     | CUSIP: 000000000<br>LEI: 789000KAIHOLSQKQ9858 | Long             | DBT              | CORP              | TR        |    200000 | PA      | $189350.00    | 0.02%             | 2025-02-05      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                         | European Investment Bank                                                         | CUSIP: 298785JE7<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |     74000 | PA      | $59959.98     | 0.01%             | 2030-05-17      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                           | WESCO Distribution Inc                                                           | CUSIP: 95081QAP9<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |     90000 | PA      | $91223.10     | 0.01%             | 2028-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Assurant Inc                                     | Assurant Inc                                                                     | CUSIP: 04621XAK4<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | DBT              | CORP              | US        |     35000 | PA      | $33598.25     | 0.00%             | 2048-03-27      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Ralph Lauren Corp                                | Ralph Lauren Corp                                                                | CUSIP: 751212AC5<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9780.20      | 0.00%             | 2025-09-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| KIMCO REALTY CORP                                | Kimco Realty Corp                                                                | CUSIP: 49446RAV1<br>LEI: 549300EA7I6T15IBYS12 | Long             | DBT              |  | US        |     53000 | PA      | $37238.33     | 0.00%             | 2049-10-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| BRUNSWICK CORP                                   | Brunswick Corp/DE                                                                | CUSIP: 117043AS8<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | DBT              | CORP              | US        |     85000 | PA      | $78166.00     | 0.01%             | 2024-08-18      | Fixed         | 0.85%                 | No            |                  2 | On Loan: No      |
| HASBRO INC                                       | Hasbro Inc                                                                       | CUSIP: 418056AY3<br>LEI: 549300NUB6D2R1ITYR45 | Long             | DBT              | CORP              | US        |     55000 | PA      | $51825.95     | 0.01%             | 2026-11-19      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| PRUDENTIAL FINANCIAL INC                         | Prudential Financial Inc                                                         | CUSIP: 744320BH4<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |     75000 | PA      | $60434.25     | 0.01%             | 2050-10-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                              | Elevance Health Inc                                                              | CUSIP: 036752AN3<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    120000 | PA      | $100566.00    | 0.01%             | 2030-05-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| BRIXMOR OPERATING PART                           | Brixmor Operating Partnership LP                                                 | CUSIP: 11120VAL7<br>LEI: 549300CJHBL7JBUA6503 | Long             | DBT              | CORP              | US        |     10000 | PA      | $7619.20      | 0.00%             | 2031-08-16      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Electronic Arts Inc                              | Electronic Arts Inc                                                              | CUSIP: 285512AD1<br>LEI: 549300O7A67PUEYKDL45 | Long             | DBT              | CORP              | US        |     37000 | PA      | $37155.40     | 0.00%             | 2026-03-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                   | Microsoft Corp                                                                   | CUSIP: 594918BJ2<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    340000 | PA      | $330918.60    | 0.04%             | 2025-11-03      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| PROGRESSIVE CORP                                 | Progressive Corp/The                                                             | CUSIP: 743315AR4<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |     25000 | PA      | $23011.75     | 0.00%             | 2027-01-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| HOWMET AEROSPACE INC                             | Howmet Aerospace Inc                                                             | CUSIP: 013817AJ0<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |     51000 | PA      | $51228.48     | 0.01%             | 2027-02-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179WLQ9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1161861 | PA      | $1052116.91   | 0.14%             | 2051-08-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                              | Charles Schwab Corp/The                                                          | CUSIP: 808513BB0<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    105000 | PA      | $104551.65    | 0.01%             | 2025-03-24      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810PU6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    400000 | PA      | $456500.00    | 0.06%             | 2037-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INTL FLAVOR & FRAGRANCES                         | International Flavors & Fragrances Inc                                           | CUSIP: 459506AS0<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | DBT              | CORP              | US        |     81000 | PA      | $55734.48     | 0.01%             | 2050-12-01      | Fixed         | 3.47%                 | No            |                  2 | On Loan: No      |
| ORGANON & CO/ORG                                 | Organon & Co / Organon Foreign Debt Co-Issuer BV                                 | CUSIP: 68622TAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    165000 | PA      | $148478.55    | 0.02%             | 2028-04-30      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| SALLY HOLDINGS/SALLY CAP                         | Sally Holdings LLC / Sally Capital Inc                                           | CUSIP: 79546VAL0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     60000 | PA      | $57452.40     | 0.01%             | 2025-12-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                          | International Bank for Reconstruction & Development                              | CUSIP: 459058JR5<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    161000 | PA      | $131899.25    | 0.02%             | 2031-02-10      | Fixed         | 1.25%                 | No            |                  2 | On Loan: —       |
| Nutrien Ltd                                      | Nutrien Ltd                                                                      | CUSIP: 67077MAG3<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |      5000 | PA      | $4880.10      | 0.00%             | 2040-12-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| FMG RESOURCES AUG 2006                           | FMG Resources August 2006 Pty Ltd                                                | CUSIP: 30251GBA4<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |     55000 | PA      | $50612.10     | 0.01%             | 2027-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                             | Cleveland-Cliffs Inc                                                             | CUSIP: 185899AH4<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |     41000 | PA      | $38791.33     | 0.01%             | 2027-06-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| INTERCONTINENTALEXCHANGE                         | Intercontinental Exchange Inc                                                    | CUSIP: 45866FAQ7<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |     80000 | PA      | $52750.40     | 0.01%             | 2060-09-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL BANK OF CANADA                          | National Bank of Canada                                                          | CUSIP: 63307A2M6<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |    370000 | PA      | $352931.90    | 0.05%             | 2024-11-15      | Fixed         | 0.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QKXN3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    204496 | PA      | $168530.02    | 0.02%             | 2051-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133AAQB1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    215321 | PA      | $177951.57    | 0.02%             | 2050-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KM4T9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    187607 | PA      | $154537.83    | 0.02%             | 2051-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| COCA-COLA EUROPACIFIC                            | Coca-Cola Europacific Partners PLC                                               | CUSIP: 19123MAE3<br>LEI: 549300LTH67W4GWMRF57 | Long             | DBT              | CORP              | GB        |     80000 | PA      | $75077.60     | 0.01%             | 2024-05-03      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179XBT2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     96014 | PA      | $91667.59     | 0.01%             | 2052-07-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ventas Realty LP                                 | Ventas Realty LP                                                                 | CUSIP: 92277GAP2<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              |  | US        |     35000 | PA      | $34034.70     | 0.00%             | 2024-04-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| REGENERON PHARMACEUTICAL                         | Regeneron Pharmaceuticals Inc                                                    | CUSIP: 75886FAE7<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | DBT              | CORP              | US        |    119000 | PA      | $93543.52     | 0.01%             | 2030-09-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810RZ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1000000 | PA      | $802187.50    | 0.10%             | 2047-11-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| SALESFORCE INC                                   | Salesforce Inc                                                                   | CUSIP: 79466LAM6<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | DBT              | CORP              | US        |    100000 | PA      | $67290.00     | 0.01%             | 2061-07-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                         | Rogers Communications Inc                                                        | CUSIP: 775109AX9<br>LEI: 54930030NVF3Y2OL0A78 | Long             | DBT              | CORP              | CA        |     60000 | PA      | $49479.00     | 0.01%             | 2043-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XHLX3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1941687 | PA      | $1779946.73   | 0.23%             | 2052-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PRIME SECSRVC BRW/FINANC                         | Prime Security Services Borrower LLC / Prime Finance Inc                         | CUSIP: 74166MAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $65991.00     | 0.01%             | 2027-08-31      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 31418DZ39<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     96143 | PA      | $88882.71     | 0.01%             | 2036-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                | State Street Corp                                                                | CUSIP: 857477BE2<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    120000 | PA      | $113629.20    | 0.01%             | 2025-11-01      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                 | Crown Castle Inc                                                                 | CUSIP: 22822VAY7<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |     66000 | PA      | $53889.66     | 0.01%             | 2031-07-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Keurig Dr Pepper Inc                             | Keurig Dr Pepper Inc                                                             | CUSIP: 26138EAU3<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |     90000 | PA      | $82665.90     | 0.01%             | 2026-09-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| EMBECTA CORP                                     | Embecta Corp                                                                     | CUSIP: 29082KAA3<br>LEI: 549300RPG8GXVDHNXZ62 | Long             | DBT              | CORP              | US        |     40000 | PA      | $34175.20     | 0.00%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| GEN DIGITAL INC                                  | Gen Digital Inc                                                                  | CUSIP: 668771AL2<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |     45000 | PA      | $45360.45     | 0.01%             | 2030-09-30      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| JM SMUCKER CO                                    | J M Smucker Co/The                                                               | CUSIP: 832696AS7<br>LEI: 5493000WDH6A0LHDJD55 | Long             | DBT              | CORP              | US        |     60000 | PA      | $50140.20     | 0.01%             | 2030-03-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                      | PepsiCo Inc                                                                      | CUSIP: 713448EP9<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     65000 | PA      | $48283.30     | 0.01%             | 2049-10-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY DOM HOLD                          | Morgan Stanley Domestic Holdings Inc                                             | CUSIP: 269246BS2<br>LEI: 549300LYE2HSVYJFJD24 | Long             | DBT              | CORP              | US        |    155000 | PA      | $149365.75    | 0.02%             | 2028-06-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Nasdaq Inc                                       | Nasdaq Inc                                                                       | CUSIP: 631103AG3<br>LEI: 549300L8X1Q78ERXFD06 | Long             | DBT              | CORP              | US        |    130000 | PA      | $125951.80    | 0.02%             | 2026-06-30      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                           | Asian Development Bank                                                           | CUSIP: 045167ER0<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |     45000 | PA      | $39275.55     | 0.01%             | 2030-01-24      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| ROCKWELL AUTOMATION                              | Rockwell Automation Inc                                                          | CUSIP: 773903AJ8<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | DBT              | CORP              | US        |    105000 | PA      | $90611.85     | 0.01%             | 2049-03-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| CASCADES INC/USA INC                             | Cascades Inc/Cascades USA Inc                                                    | CUSIP: 14739LAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     37000 | PA      | $32967.74     | 0.00%             | 2028-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BMW US Capital LLC                               | BMW US Capital LLC                                                               | CUSIP: 05565EBH7<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14638.65     | 0.00%             | 2024-04-18      | Fixed         | 3.15%                 | No            |                  2 | On Loan: —       |
| Grupo Televisa SAB                               | Grupo Televisa SAB                                                               | CUSIP: 40049JBC0<br>LEI: 549300O4AF0C816ILN62 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $198342.00    | 0.03%             | 2046-01-31      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| HORMEL FOODS CORP                                | Hormel Foods Corp                                                                | CUSIP: 440452AJ9<br>LEI: MSD54751OJP1FS2ND863 | Long             | DBT              | CORP              | US        |     65000 | PA      | $46144.15     | 0.01%             | 2051-06-03      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140MHT41<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1937886 | PA      | $1654737.60   | 0.22%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                   | Morgan Stanley                                                                   | CUSIP: 61747YEC5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    239000 | PA      | $208054.28    | 0.03%             | 2027-07-20      | Fixed         | 1.51%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822CK8<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $195282.00    | 0.03%             | 2033-07-20      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| MONGOLIA INTL BOND                               | Mongolia Government International Bond                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | MN        |    200000 | PA      | $166930.00    | 0.02%             | 2026-04-07      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Nutrien Ltd                                      | Nutrien Ltd                                                                      | CUSIP: 67077MAF5<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |     35000 | PA      | $35847.70     | 0.00%             | 2036-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CBZ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1400000 | PA      | $1225437.50   | 0.16%             | 2028-04-30      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                     | Comcast Corp                                                                     | CUSIP: 20030NCJ8<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    160000 | PA      | $140494.40    | 0.02%             | 2038-03-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| KFW                                              | Kreditanstalt fuer Wiederaufbau                                                  | CUSIP: 500769JG0<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |    190000 | PA      | $150898.00    | 0.02%             | 2030-09-30      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| SCENTRE GROUP TRUST 1/2                          | Scentre Group Trust 1 / Scentre Group Trust 2                                    | CUSIP: 80622GAC8<br>LEI: N/A                  | Long             | DBT              |  | AU        |     30000 | PA      | $27597.30     | 0.00%             | 2027-03-23      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| OTIS WORLDWIDE CORP                              | Otis Worldwide Corp                                                              | CUSIP: 68902VAL1<br>LEI: 549300ZLBKR8VSU25153 | Long             | DBT              | CORP              | US        |     65000 | PA      | $49041.85     | 0.01%             | 2040-02-15      | Fixed         | 3.11%                 | No            |                  2 | On Loan: No      |
| LEAR CORP                                        | Lear Corp                                                                        | CUSIP: 521865BD6<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | DBT              | CORP              | US        |     35000 | PA      | $21965.65     | 0.00%             | 2052-01-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| TEXAS INSTRUMENTS INC                            | Texas Instruments Inc                                                            | CUSIP: 882508BL7<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |     60000 | PA      | $49012.80     | 0.01%             | 2031-09-15      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| TAYLOR MORR COMM/HLDGS                           | Taylor Morrison Communities Inc / Taylor Morrison Holdings II Inc                | CUSIP: 877249AD4<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     35000 | PA      | $34695.15     | 0.00%             | 2024-03-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Colgate-Palmolive Co                             | Colgate-Palmolive Co                                                             | CUSIP: 19416QEJ5<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | DBT              | CORP              | US        |     42000 | PA      | $38213.70     | 0.00%             | 2045-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HARTFORD FINL SVCS GRP                           | Hartford Financial Services Group Inc/The                                        | CUSIP: 416515BD5<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | DBT              | CORP              | US        |     45000 | PA      | $37894.05     | 0.00%             | 2048-03-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| PERRIGO FINANCE UNLIMITE                         | Perrigo Finance Unlimited Co                                                     | CUSIP: 71429MAC9<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | IE        |     60000 | PA      | $51276.60     | 0.01%             | 2030-06-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| HORIZON THERAPEUTICS USA                         | Horizon Therapeutics USA Inc                                                     | CUSIP: 44055PAA4<br>LEI: 254900IS87RLPXY88S03 | Long             | DBT              | CORP              | US        |     45000 | PA      | $44666.10     | 0.01%             | 2027-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GRAND CANYON UNIVERSITY                          | Grand Canyon University                                                          | CUSIP: 38528UAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     35000 | PA      | $33103.00     | 0.00%             | 2024-10-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| MACY'S RETAIL HLDGS LLC                          | Macy's Retail Holdings LLC                                                       | CUSIP: 314275AC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     15000 | PA      | $12194.40     | 0.00%             | 2037-03-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                   | Morgan Stanley                                                                   | CUSIP: 61747YEY7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    200000 | PA      | $212608.00    | 0.03%             | 2033-10-18      | Fixed         | 6.34%                 | No            |                  2 | On Loan: No      |
| MEIJI YASUDA LIFE INSURA                         | Meiji Yasuda Life Insurance Co                                                   | CUSIP: 585270AA9<br>LEI: 549300SLU4LP6YMRLK07 | Long             | DBT              | CORP              | JP        |     35000 | PA      | $33644.80     | 0.00%             | 2045-10-20      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| WRKCo Inc                                        | WRKCo Inc                                                                        | CUSIP: 92940PAB0<br>LEI: 549300JEB576INN13W07 | Long             | DBT              | CORP              | US        |    170000 | PA      | $167521.40    | 0.02%             | 2026-03-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| HP INC                                           | HP Inc                                                                           | CUSIP: 40434LAC9<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | DBT              | CORP              | US        |    142000 | PA      | $122050.42    | 0.02%             | 2030-06-17      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| CORPORATE OFFICE PROP LP                         | Corporate Office Properties LP                                                   | CUSIP: 22003BAP1<br>LEI: H0TWO5VRNEP6CQAWPX27 | Long             | DBT              |  | US        |     20000 | PA      | $14346.40     | 0.00%             | 2033-12-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| EUROPEAN BK RECON & DEV                          | European Bank for Reconstruction & Development                                   | CUSIP: 29874QEE0<br>LEI: 549300HTGDOVDU6OGK19 | Long             | DBT              | NUSS              | XX        |    195000 | PA      | $183812.85    | 0.02%             | 2025-02-13      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Kimberly-Clark Corp                              | Kimberly-Clark Corp                                                              | CUSIP: 494368BZ5<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | DBT              | CORP              | US        |     50000 | PA      | $45937.50     | 0.01%             | 2029-04-25      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| DENTSPLY SIRONA INC                              | DENTSPLY SIRONA Inc                                                              | CUSIP: 24906PAA7<br>LEI: 9NHEHR1SOZCYXDO8HO28 | Long             | DBT              | CORP              | US        |     65000 | PA      | $53987.70     | 0.01%             | 2030-06-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ISTAR INC                                        | iStar Inc                                                                        | CUSIP: 45031UCF6<br>LEI: QFFLKWYYS3UPWD86E794 | Long             | DBT              |  | US        |     65000 | PA      | $64069.20     | 0.01%             | 2024-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Lam Research Corp                                | Lam Research Corp                                                                | CUSIP: 512807AT5<br>LEI: 549300I4GMO6D34U1T02 | Long             | DBT              | CORP              | US        |     87000 | PA      | $84563.13     | 0.01%             | 2049-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Synchrony Financial                              | Synchrony Financial                                                              | CUSIP: 87165BAM5<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |     80000 | PA      | $71786.40     | 0.01%             | 2027-12-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| HARTFORD FINL SVCS GRP                           | Hartford Financial Services Group Inc/The                                        | CUSIP: 416518AD0<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | DBT              | CORP              | US        |     30000 | PA      | $19457.70     | 0.00%             | 2051-09-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| LAM RESEARCH CORP                                | Lam Research Corp                                                                | CUSIP: 512807AV0<br>LEI: 549300I4GMO6D34U1T02 | Long             | DBT              | CORP              | US        |     97000 | PA      | $80407.18     | 0.01%             | 2030-06-15      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                         | Celanese US Holdings LLC                                                         | CUSIP: 15089QAP9<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    105000 | PA      | $100252.95    | 0.01%             | 2032-07-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| MACY'S RETAIL HLDGS LLC                          | Macy's Retail Holdings LLC                                                       | CUSIP: 55617LAR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $26189.10     | 0.00%             | 2032-03-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| Masco Corp                                       | Masco Corp                                                                       | CUSIP: 574599BM7<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | DBT              | CORP              | US        |     70000 | PA      | $56324.10     | 0.01%             | 2047-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| Lincoln National Corp                            | Lincoln National Corp                                                            | CUSIP: 534187BA6<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |     45000 | PA      | $47226.15     | 0.01%             | 2040-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179SLR6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    101357 | PA      | $93002.34     | 0.01%             | 2046-09-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                              | Moody's Corp                                                                     | CUSIP: 615369AM7<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |     12000 | PA      | $11097.12     | 0.00%             | 2028-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XFE56<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     91511 | PA      | $82211.16     | 0.01%             | 2036-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                   | Morgan Stanley                                                                   | CUSIP: 61746BEF9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    280000 | PA      | $266277.20    | 0.03%             | 2027-01-20      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| JPN BANK FOR INT'L COOP                          | Japan Bank for International Cooperation                                         | CUSIP: 471048AP3<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |     30000 | PA      | $28538.10     | 0.00%             | 2025-05-28      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Smithfield Foods Inc                             | Smithfield Foods Inc                                                             | CUSIP: 832248AZ1<br>LEI: CVTIPZRZJC0JQEZLL598 | Long             | DBT              | CORP              | US        |     74000 | PA      | $68071.86     | 0.01%             | 2027-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CDF5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1970000 | PA      | $1717747.67   | 0.22%             | 2028-10-31      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Asian Development Bank                           | Asian Development Bank                                                           | CUSIP: 045167DU4<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |     15000 | PA      | $14224.80     | 0.00%             | 2027-01-12      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| SOTHEBY'S/BIDFAIR HLD                            | Sotheby's/Bidfair Holdings Inc                                                   | CUSIP: 83600GAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $25200.00     | 0.00%             | 2029-06-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| GRAPHIC PACKAGING INTERN                         | Graphic Packaging International LLC                                              | CUSIP: 38869PAM6<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19559.20     | 0.00%             | 2024-08-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Parker-Hannifin Corp                             | Parker-Hannifin Corp                                                             | CUSIP: 70109HAL9<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |     45000 | PA      | $43545.60     | 0.01%             | 2024-11-21      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| TRINET GROUP INC                                 | TriNet Group Inc                                                                 | CUSIP: 896288AA5<br>LEI: 5299003FJVBETSFKE990 | Long             | DBT              | CORP              | US        |     40000 | PA      | $33240.40     | 0.00%             | 2029-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810RJ9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    500000 | PA      | $422500.00    | 0.06%             | 2044-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ADT SEC CORP                                     | ADT Security Corp/The                                                            | CUSIP: 00109LAA1<br>LEI: 5493009JEEDYLVRA0J13 | Long             | DBT              | CORP              | US        |     80000 | PA      | $69765.60     | 0.01%             | 2029-08-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| BANQUE FED CRED MUTUEL                           | Banque Federative du Credit Mutuel SA                                            | CUSIP: 06675FAY3<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |     40000 | PA      | $34840.80     | 0.00%             | 2026-10-04      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| AFFILIATED MANAGERS GROU                         | Affiliated Managers Group Inc                                                    | CUSIP: 008252AP3<br>LEI: 2JE75BUE3T1BLCYYGK54 | Long             | DBT              | CORP              | US        |    100000 | PA      | $84268.00     | 0.01%             | 2030-06-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133B5NU2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     47087 | PA      | $38693.69     | 0.01%             | 2052-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BRITISH COLUMBIA PROV OF                         | Province of British Columbia Canada                                              | CUSIP: 110709EC2<br>LEI: 54930058TO7MEKUHWL16 | Long             | DBT              | NUSS              | CA        |     20000 | PA      | $25484.60     | 0.00%             | 2036-09-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| ELEMENT SOLUTIONS INC                            | Element Solutions Inc                                                            | CUSIP: 28618MAA4<br>LEI: 549300FLGN6P5CU20J91 | Long             | DBT              | CORP              | US        |     70000 | PA      | $59889.90     | 0.01%             | 2028-09-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Albemarle Corp                                   | Albemarle Corp                                                                   | CUSIP: 012725AD9<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | DBT              | CORP              | US        |     70000 | PA      | $65230.90     | 0.01%             | 2044-12-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| John Deere Capital Corp                          | John Deere Capital Corp                                                          | CUSIP: 24422ETC3<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     53000 | PA      | $51636.31     | 0.01%             | 2025-09-11      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENER HOUSTON                         | CenterPoint Energy Houston Electric LLC                                          | CUSIP: 15189XAM0<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |    100000 | PA      | $80340.00     | 0.01%             | 2042-08-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| LAM RESEARCH CORP                                | Lam Research Corp                                                                | CUSIP: 512807AX6<br>LEI: 549300I4GMO6D34U1T02 | Long             | DBT              | CORP              | US        |     34000 | PA      | $23119.32     | 0.00%             | 2060-06-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| JPN BANK FOR INT'L COOP                          | Japan Bank for International Cooperation                                         | CUSIP: 471048CQ9<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |    100000 | PA      | $87685.00     | 0.01%             | 2029-02-16      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| BORGWARNER INC                                   | BorgWarner Inc                                                                   | CUSIP: 099724AM8<br>LEI: 549300DSFX2IE88NSX47 | Long             | DBT              | CORP              | US        |    115000 | PA      | $113141.60    | 0.01%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLOWERS FOODS INC                                | Flowers Foods Inc                                                                | CUSIP: 343498AC5<br>LEI: 7YNCQQNDK8FBM9BBTK25 | Long             | DBT              | CORP              | US        |     30000 | PA      | $24312.00     | 0.00%             | 2031-03-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| TRUIST BANK                                      | Truist Bank                                                                      | CUSIP: 07330MAA5<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9496.60      | 0.00%             | 2026-10-30      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CCT6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2400000 | PA      | $2238656.26   | 0.29%             | 2024-08-15      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| Vodafone Group PLC                               | Vodafone Group PLC                                                               | CUSIP: 92857WBJ8<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    107000 | PA      | $105694.60    | 0.01%             | 2025-05-30      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                 | Coca-Cola Co/The                                                                 | CUSIP: 191216CY4<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |     70000 | PA      | $48008.80     | 0.01%             | 2060-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Owens Corning                                    | Owens Corning                                                                    | CUSIP: 690742AE1<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |     39000 | PA      | $38392.77     | 0.01%             | 2024-12-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                   | Fannie Mae-Aces                                                                  | CUSIP: 3136B26W7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     50000 | PA      | $47316.42     | 0.01%             | 2030-08-25      | Variable      | 3.76%                 | No            |                  2 | On Loan: No      |
| Sensata Technologies BV                          | Sensata Technologies BV                                                          | CUSIP: 81725WAJ2<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | NL        |     46000 | PA      | $45155.44     | 0.01%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                   | Home Depot Inc/The                                                               | CUSIP: 437076BW1<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    125000 | PA      | $121442.50    | 0.02%             | 2028-12-06      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| MUNICH RE AMERICA CORP                           | Munich Re America Corp                                                           | CUSIP: 029163AD4<br>LEI: 5493000NTMGI8RSQK217 | Long             | DBT              | CORP              | US        |    103000 | PA      | $112066.06    | 0.01%             | 2026-12-15      | Fixed         | 7.45%                 | No            |                  2 | On Loan: —       |
| SENSATA TECHNOLOGIES BV                          | Sensata Technologies BV                                                          | CUSIP: 81725WAK9<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | NL        |     85000 | PA      | $74630.85     | 0.01%             | 2029-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132D6AU4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    812994 | PA      | $730350.29    | 0.10%             | 2036-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CCL3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1300000 | PA      | $1216464.85   | 0.16%             | 2024-07-15      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| INGERSOLL-RAND GL HLD CO                         | Trane Technologies Global Holding Co Ltd                                         | CUSIP: 45687AAP7<br>LEI: 549300UCF0D858BIOV83 | Long             | DBT              | CORP              | US        |     32000 | PA      | $30497.92     | 0.00%             | 2028-08-21      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                          | Inter-American Development Bank                                                  | CUSIP: 4581X0DZ8<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |     95000 | PA      | $88484.90     | 0.01%             | 2024-09-23      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                          | Romanian Government International Bond                                           | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    100000 | PA      | $80125.00     | 0.01%             | 2048-06-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XDLB0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    142176 | PA      | $127788.19    | 0.02%             | 2036-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                     | Centene Corp                                                                     | CUSIP: 15135BAY7<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    160000 | PA      | $135281.60    | 0.02%             | 2028-07-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                      | Prologis LP                                                                      | CUSIP: 74340XBM2<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |     79000 | PA      | $66224.91     | 0.01%             | 2030-04-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                          | BPCE SA                                                                          | CUSIP: 05578QAG8<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |     55000 | PA      | $36174.60     | 0.00%             | 2042-10-19      | Fixed         | 3.58%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO                             | Kraft Heinz Foods Co                                                             | CUSIP: 50077LBJ4<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |     70000 | PA      | $69636.00     | 0.01%             | 2050-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                              | Bank of Nova Scotia/The                                                          | CUSIP: 0641594B9<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    135000 | PA      | $107551.80    | 0.01%             | 2031-08-01      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| ENTEL CHILE SA                                   | Empresa Nacional de Telecomunicaciones SA                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | CL        |    200000 | PA      | $193634.00    | 0.03%             | 2026-08-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| CSL Finance PLC                                  | CSL Finance PLC                                                                  | CUSIP: 12661PAD1<br>LEI: 2549007CCNBNAF4HBC02 | Long             | DBT              | CORP              | GB        |     10000 | PA      | $9069.70      | 0.00%             | 2042-04-27      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                             | OneMain Finance Corp                                                             | CUSIP: 682691AC4<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     10000 | PA      | $7940.20      | 0.00%             | 2028-09-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| RELIANCE STAND LIFE II                           | Reliance Standard Life Global Funding II                                         | CUSIP: 75951AAQ1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $65480.25     | 0.01%             | 2026-09-28      | Fixed         | 1.51%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                      | Prologis LP                                                                      | CUSIP: 74340XBK6<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |     40000 | PA      | $38014.00     | 0.00%             | 2026-10-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VGL2<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    155000 | PA      | $110276.30    | 0.01%             | 2041-09-03      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810RH3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    500000 | PA      | $431953.13    | 0.06%             | 2044-08-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                         | Univision Communications Inc                                                     | CUSIP: 914906AU6<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    130000 | PA      | $127448.10    | 0.02%             | 2027-06-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Snap-on Inc                                      | Snap-on Inc                                                                      | CUSIP: 833034AK7<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | DBT              | CORP              | US        |      7000 | PA      | $6671.42      | 0.00%             | 2027-03-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust            | Wells Fargo Commercial Mortgage Trust 2021-C59                                   | CUSIP: 95003CAJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    600000 | PA      | $494331.95    | 0.06%             | 2054-04-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| HARTFORD FINL SVCS GRP                           | Hartford Financial Services Group Inc/The                                        | CUSIP: 416515AP9<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50820.00     | 0.01%             | 2041-10-01      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| UNITI GRP/UNITI HLD/CSL                          | Uniti Group LP / Uniti Fiber Holdings Inc / CSL Capital LLC                      | CUSIP: 91327AAB8<br>LEI: N/A                  | Long             | DBT              |  | US        |     55000 | PA      | $39735.85     | 0.01%             | 2030-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KLG35<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     40871 | PA      | $33717.75     | 0.00%             | 2051-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KMBD6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    269988 | PA      | $222088.42    | 0.03%             | 2051-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Realty Income Corp                               | Realty Income Corp                                                               | CUSIP: 756109AT1<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |     75000 | PA      | $67809.75     | 0.01%             | 2047-03-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 31418EBD1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1251858 | PA      | $1095337.10   | 0.14%             | 2037-02-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| BRIXMOR OPERATING PART                           | Brixmor Operating Partnership LP                                                 | CUSIP: 11120VAK9<br>LEI: 549300CJHBL7JBUA6503 | Long             | DBT              |  | US        |     80000 | PA      | $66264.00     | 0.01%             | 2028-04-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| SODEXO INC                                       | Sodexo Inc                                                                       | CUSIP: 833794AA8<br>LEI: 549300WSZGQGJQXRFU84 | Long             | DBT              | CORP              | US        |    130000 | PA      | $114710.70    | 0.01%             | 2026-04-16      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| METHANEX CORP                                    | Methanex Corp                                                                    | CUSIP: 59151KAL2<br>LEI: 549300TSJHRXT9QXRD13 | Long             | DBT              | CORP              | CA        |     55000 | PA      | $49145.25     | 0.01%             | 2029-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| INTL FLAVOR & FRAGRANCES                         | International Flavors & Fragrances Inc                                           | CUSIP: 459506AQ4<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | DBT              | CORP              | US        |    169000 | PA      | $133895.32    | 0.02%             | 2030-11-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| PepsiCo Inc                                      | PepsiCo Inc                                                                      | CUSIP: 713448EG9<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5691.70      | 0.00%             | 2029-03-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CH ROBINSON WORLDWIDE                            | CH Robinson Worldwide Inc                                                        | CUSIP: 12541WAA8<br>LEI: 529900WNWN5L0OVDHA79 | Long             | DBT              | CORP              | US        |    102000 | PA      | $96933.66     | 0.01%             | 2028-04-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| FRANKLIN RESOURCES INC                           | Franklin Resources Inc                                                           | CUSIP: 354613AL5<br>LEI: RIFQSET379FOGTEFKS80 | Long             | DBT              | CORP              | US        |     95000 | PA      | $73702.90     | 0.01%             | 2030-10-30      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| LANDWIRTSCH. RENTENBANK                          | Landwirtschaftliche Rentenbank                                                   | CUSIP: 515110CA0<br>LEI: 529900Z3J0N6S0F7CT25 | Long             | DBT              | CORP              | DE        |     90000 | PA      | $80792.10     | 0.01%             | 2026-03-30      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| ESTEE LAUDER CO INC                              | Estee Lauder Cos Inc/The                                                         | CUSIP: 29736RAJ9<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | DBT              | CORP              | US        |     63000 | PA      | $59632.02     | 0.01%             | 2027-03-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                          | John Deere Capital Corp                                                          | CUSIP: 24422EUY3<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    102000 | PA      | $91717.38     | 0.01%             | 2029-07-18      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Discover Bank                                    | Discover Bank                                                                    | CUSIP: 25466AAP6<br>LEI: X05BVSK68TQ7YTOSNR22 | Long             | DBT              | CORP              | US        |    240000 | PA      | $224037.60    | 0.03%             | 2028-09-13      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                          | United Rentals North America Inc                                                 | CUSIP: 911365BP8<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |     65000 | PA      | $53645.80     | 0.01%             | 2032-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| BRITISH COLUMBIA PROV OF                         | Province of British Columbia Canada                                              | CUSIP: 110709AD4<br>LEI: 54930058TO7MEKUHWL16 | Long             | DBT              | NUSS              | CA        |     20000 | PA      | $19025.00     | 0.00%             | 2024-09-27      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Quest Diagnostics Inc                            | Quest Diagnostics Inc                                                            | CUSIP: 74834LAZ3<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | DBT              | CORP              | US        |    105000 | PA      | $100686.60    | 0.01%             | 2026-06-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| TELUS Corp                                       | TELUS Corp                                                                       | CUSIP: 87971MBD4<br>LEI: L2TEUTQ8OSHMJWVLCE40 | Long             | DBT              | CORP              | CA        |     42000 | PA      | $39082.26     | 0.01%             | 2027-02-16      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| JUNIPER NETWORKS INC                             | Juniper Networks Inc                                                             | CUSIP: 48203RAP9<br>LEI: AUHIXNGG7U2U7JEHM527 | Long             | DBT              | CORP              | US        |     22000 | PA      | $16769.94     | 0.00%             | 2030-12-10      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XGKE8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1897037 | PA      | $1564177.51   | 0.20%             | 2052-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VDD3<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    140000 | PA      | $130365.20    | 0.02%             | 2026-08-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| INTL FINANCE CORP                                | International Finance Corp                                                       | CUSIP: 45950KCU2<br>LEI: QKL54NQY28TCDAI75F60 | Long             | DBT              | NUSS              | XX        |     20000 | PA      | $15849.60     | 0.00%             | 2030-08-27      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| TEXAS INSTRUMENTS INC                            | Texas Instruments Inc                                                            | CUSIP: 882508BG8<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |     70000 | PA      | $60810.40     | 0.01%             | 2029-09-04      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                         | Univision Communications Inc                                                     | CUSIP: 914906AS1<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    120000 | PA      | $116460.00    | 0.02%             | 2025-02-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| LEVI STRAUSS & CO                                | Levi Strauss & Co                                                                | CUSIP: 52736RBJ0<br>LEI: MB0UERO0RDFKU8258G77 | Long             | DBT              | CORP              | US        |     35000 | PA      | $28859.95     | 0.00%             | 2031-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc                         | Prudential Financial Inc                                                         | CUSIP: 744320BA9<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |     72000 | PA      | $57142.80     | 0.01%             | 2049-12-07      | Fixed         | 3.94%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                         | European Investment Bank                                                         | CUSIP: 298785JJ6<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |     30000 | PA      | $25645.80     | 0.00%             | 2027-10-21      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| GOVT OF BERMUDA                                  | Bermuda Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300FP5PUZXX9FVJ40 | Long             | DBT              | NUSS              | BM        |    105000 | PA      | $86512.65     | 0.01%             | 2030-08-20      | Fixed         | 2.38%                 | No            |                  2 | On Loan: —       |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XD6A9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    130991 | PA      | $112291.27    | 0.01%             | 2051-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                     | Comcast Corp                                                                     | CUSIP: 20030NBH3<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    200000 | PA      | $190046.00    | 0.02%             | 2033-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CORNING INC                                      | Corning Inc                                                                      | CUSIP: 219350BP9<br>LEI: 549300X2937PB0CJ7I56 | Long             | DBT              | CORP              | US        |     62000 | PA      | $45935.18     | 0.01%             | 2049-11-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                         | Rogers Communications Inc                                                        | CUSIP: 775109AZ4<br>LEI: 54930030NVF3Y2OL0A78 | Long             | DBT              | CORP              | CA        |     80000 | PA      | $73676.80     | 0.01%             | 2043-10-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| AVERY DENNISON CORP                              | Avery Dennison Corp                                                              | CUSIP: 053611AK5<br>LEI: 549300PW7VPFCYKLIV37 | Long             | DBT              | CORP              | US        |     18000 | PA      | $14904.54     | 0.00%             | 2030-04-30      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XBWA4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    589111 | PA      | $565368.69    | 0.07%             | 2050-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AIA GROUP LTD                                    | AIA Group Ltd                                                                    | CUSIP: 00131LAK1<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | DBT              | CORP              | HK        |    240000 | PA      | $174998.40    | 0.02%             | 2040-09-16      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| American Tower Corp                              | American Tower Corp                                                              | CUSIP: 03027XAM2<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     84000 | PA      | $77271.60     | 0.01%             | 2027-01-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| AMERICAN INTL GROUP                              | American International Group Inc                                                 | CUSIP: 026874DP9<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |    120000 | PA      | $103860.00    | 0.01%             | 2050-06-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| HOWARD HUGHES CORP                               | Howard Hughes Corp/The                                                           | CUSIP: 44267DAE7<br>LEI: 549300BVHY25JZC1KI49 | Long             | DBT              | CORP              | US        |     50000 | PA      | $41909.50     | 0.01%             | 2029-02-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| MARTIN MARIETTA MATERIAL                         | Martin Marietta Materials Inc                                                    | CUSIP: 573284AX4<br>LEI: 5299005MZ4WZECVATV08 | Long             | DBT              | CORP              | US        |     67000 | PA      | $46335.19     | 0.01%             | 2051-07-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| PRUDENTIAL FINANCIAL INC                         | Prudential Financial Inc                                                         | CUSIP: 74432QCJ2<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |     55000 | PA      | $41143.85     | 0.01%             | 2040-03-10      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MET LIFE GLOB FUNDING I                          | Metropolitan Life Global Funding I                                               | CUSIP: 59217GBY4<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94132.00     | 0.01%             | 2026-12-18      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Mineral Resources Ltd                            | Mineral Resources Ltd                                                            | CUSIP: 603051AA1<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |     46000 | PA      | $46654.12     | 0.01%             | 2027-05-01      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| MASCO CORP                                       | Masco Corp                                                                       | CUSIP: 574599BR6<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | DBT              | CORP              | US        |      5000 | PA      | $3171.70      | 0.00%             | 2051-02-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| OI EUROPEAN GROUP BV                             | OI European Group BV                                                             | CUSIP: 67777LAD5<br>LEI: 72450053F5WRDY8CDZ66 | Long             | DBT              | CORP              | NL        |     50000 | PA      | $43156.00     | 0.01%             | 2030-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| WASTE CONNECTIONS INC                            | Waste Connections Inc                                                            | CUSIP: 94106BAD3<br>LEI: 549300HDLRTPBQU69P29 | Long             | DBT              | CORP              | CA        |     40000 | PA      | $27352.00     | 0.00%             | 2052-01-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140MCA75<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    168588 | PA      | $138537.53    | 0.02%             | 2052-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MBW9<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    215000 | PA      | $181761.00    | 0.02%             | 2030-01-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| American Tower Corp                              | American Tower Corp                                                              | CUSIP: 03027XAD2<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |    145000 | PA      | $144831.80    | 0.02%             | 2024-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KILROY REALTY LP                                 | Kilroy Realty LP                                                                 | CUSIP: 49427RAQ5<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              |  | US        |     40000 | PA      | $29068.00     | 0.00%             | 2032-11-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                                       | Humana Inc                                                                       | CUSIP: 444859BL5<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |     30000 | PA      | $24237.60     | 0.00%             | 2049-08-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| MACQUARIE BANK LTD                               | Macquarie Bank Ltd                                                               | CUSIP: 556079AC5<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |     65000 | PA      | $52769.60     | 0.01%             | 2030-06-03      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                   | Morgan Stanley                                                                   | CUSIP: 61747YEG6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     80000 | PA      | $73235.20     | 0.01%             | 2025-10-21      | Fixed         | 1.16%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                         | Alexandria Real Estate Equities Inc                                              | CUSIP: 015271AN9<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |     40000 | PA      | $38420.00     | 0.01%             | 2030-07-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| ALBEMARLE CORP                                   | Albemarle Corp                                                                   | CUSIP: 012653AF8<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9386.30      | 0.00%             | 2052-06-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| EXPORT DEVELOPMNT CANADA                         | Export Development Canada                                                        | CUSIP: 30216BHH8<br>LEI: Z6MHCSLXHKYG4B6PHW02 | Long             | DBT              | NUSS              | CA        |    340000 | PA      | $331381.00    | 0.04%             | 2024-02-21      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                   | Air Lease Corp                                                                   | CUSIP: 00914AAK8<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    105000 | PA      | $86626.05     | 0.01%             | 2030-12-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                   | Fannie Mae-Aces                                                                  | CUSIP: 3136BKX80<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    490000 | PA      | $391144.07    | 0.05%             | 2031-10-25      | Variable      | 1.72%                 | No            |                  2 | On Loan: No      |
| GENUINE PARTS CO                                 | Genuine Parts Co                                                                 | CUSIP: 372460AB1<br>LEI: 549300D46DQVEU651W04 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4666.90      | 0.00%             | 2025-02-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| LSEGA FINANCING PLC                              | LSEGA Financing PLC                                                              | CUSIP: 50220PAA1<br>LEI: 2138009YFYTGEHZNNZ09 | Long             | DBT              | CORP              | GB        |    190000 | PA      | $178045.20    | 0.02%             | 2024-04-06      | Fixed         | 0.65%                 | No            |                  2 | On Loan: No      |
| MDC Holdings Inc                                 | MDC Holdings Inc                                                                 | CUSIP: 552676AQ1<br>LEI: 5299005FV4VNV75R8R35 | Long             | DBT              | CORP              | US        |     50000 | PA      | $40272.00     | 0.01%             | 2043-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CEDAR FAIR/CAN/MAGNUM/MI                         | Cedar Fair LP / Canada's Wonderland Co / Magnum Management Corp / Millennium Op  | CUSIP: 150190AB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $38298.00     | 0.00%             | 2027-04-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| HUMANA INC                                       | Humana Inc                                                                       | CUSIP: 444859BK7<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |     40000 | PA      | $35351.20     | 0.00%             | 2029-08-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ARGENTINA                            | Argentina Bonar Bonds                                                            | CUSIP: 000000000<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |    470000 | PA      | $104481.00    | 0.01%             | 2035-07-09      | Variable      | 1.50%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                              | Charles Schwab Corp/The                                                          | CUSIP: 808513BG9<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    210000 | PA      | $165175.50    | 0.02%             | 2031-03-11      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661DU8<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48718.50     | 0.01%             | 2030-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KNEH2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    956170 | PA      | $820139.53    | 0.11%             | 2051-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                 | Coca-Cola Co/The                                                                 | CUSIP: 191216DP2<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |    220000 | PA      | $185622.80    | 0.02%             | 2032-01-05      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                   | Morgan Stanley                                                                   | CUSIP: 61747YET8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197660.00    | 0.03%             | 2026-07-17      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| QATAR ENERGY                                     | Qatar Energy                                                                     | CUSIP: 000000000<br>LEI: 254900QTESJKJ3P87J26 | Long             | DBT              | CORP              | QA        |    200000 | PA      | $145912.00    | 0.02%             | 2051-07-12      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                               | Vodafone Group PLC                                                               | CUSIP: 92857WBU3<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |     94000 | PA      | $74359.64     | 0.01%             | 2050-09-17      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CDS7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4840000 | PA      | $4528046.90   | 0.59%             | 2025-01-15      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CAY7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    700000 | PA      | $598335.94    | 0.08%             | 2027-11-30      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RAU1<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8483.60      | 0.00%             | 2028-07-14      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| GO DADDY OPCO/FINCO                              | Go Daddy Operating Co LLC / GD Finance Co Inc                                    | CUSIP: 38016LAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $47721.50     | 0.01%             | 2027-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SINO OCEAN LND TRS FIN I                         | Sino-Ocean Land Treasure Finance I Ltd                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | VG        |    200000 | PA      | $84170.00     | 0.01%             | 2024-07-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ALLSTATE CORP                                    | Allstate Corp/The                                                                | CUSIP: 020002AS0<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |    122000 | PA      | $126052.84    | 0.02%             | 2035-05-09      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| ON SEMICONDUCTOR CORP                            | ON Semiconductor Corp                                                            | CUSIP: 682189AQ8<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | DBT              | CORP              | US        |     55000 | PA      | $48759.15     | 0.01%             | 2028-09-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| NRW.BANK                                         | NRW Bank                                                                         | CUSIP: 000000000<br>LEI: 52990002O5KK6XOGJ020 | Long             | DBT              | CORP              | DE        |    120000 | PA      | $109736.40    | 0.01%             | 2025-05-19      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| Invesco Finance PLC                              | Invesco Finance PLC                                                              | CUSIP: 46132FAC4<br>LEI: 549300OYQ3LAJYXXO449 | Long             | DBT              | CORP              | GB        |     30000 | PA      | $28571.70     | 0.00%             | 2043-11-30      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CDW LLC/CDW FINANCE                              | CDW LLC / CDW Finance Corp                                                       | CUSIP: 12513GBG3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     34000 | PA      | $30241.30     | 0.00%             | 2026-12-01      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FUNDING LLC                           | NXP BV / NXP Funding LLC                                                         | CUSIP: 62947QBA5<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     95000 | PA      | $94146.90     | 0.01%             | 2024-03-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| HARLEY-DAVIDSON FINL SER                         | Harley-Davidson Financial Services Inc                                           | CUSIP: 41283LAY1<br>LEI: RLUFFFFW4GRYU77BTS24 | Long             | DBT              | CORP              | US        |    238000 | PA      | $224448.28    | 0.03%             | 2025-06-08      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661DQ7<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    175000 | PA      | $141100.75    | 0.02%             | 2047-05-03      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KMZD0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    186744 | PA      | $153826.59    | 0.02%             | 2051-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NTT FINANCE CORP                                 | NTT Finance Corp                                                                 | CUSIP: 62954WAE5<br>LEI: 3538007PR116187GD960 | Long             | DBT              | CORP              | JP        |    275000 | PA      | $223308.25    | 0.03%             | 2031-04-03      | Fixed         | 2.07%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                         | European Investment Bank                                                         | CUSIP: 298785JQ0<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |     70000 | PA      | $63021.00     | 0.01%             | 2027-03-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 9128283F5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1000000 | PA      | $928203.13    | 0.12%             | 2027-11-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| TELEFONICA EMISIONES SAU                         | Telefonica Emisiones SA                                                          | CUSIP: 87938WAX1<br>LEI: 549300Y5MFC4SW5Z3K71 | Long             | DBT              | CORP              | ES        |     10000 | PA      | $8531.90      | 0.00%             | 2049-03-01      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| BMW US Capital LLC                               | BMW US Capital LLC                                                               | CUSIP: 05565EAT2<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14104.65     | 0.00%             | 2027-04-06      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| ELANCO ANIMAL HEALTH INC                         | Elanco Animal Health Inc                                                         | CUSIP: 28414HAG8<br>LEI: 549300SHPNDCE059M934 | Long             | DBT              | CORP              | US        |     60000 | PA      | $55435.20     | 0.01%             | 2028-08-28      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| Trinity Industries Inc                           | Trinity Industries Inc                                                           | CUSIP: 896522AH2<br>LEI: R1JB4KXN77XFCXOQKV49 | Long             | DBT              | CORP              | US        |     31000 | PA      | $29828.20     | 0.00%             | 2024-10-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| TEXAS INSTRUMENTS INC                            | Texas Instruments Inc                                                            | CUSIP: 882508BH6<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |    127000 | PA      | $118830.09    | 0.02%             | 2025-03-12      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| CRH America Finance Inc                          | CRH America Finance Inc                                                          | CUSIP: 12636YAC6<br>LEI: 549300WEVUODRJ4CWK56 | Long             | DBT              | CORP              | US        |     55000 | PA      | $51961.25     | 0.01%             | 2028-04-04      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                         | Caterpillar Financial Services Corp                                              | CUSIP: 14913R2U0<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8990.10      | 0.00%             | 2027-01-08      | Fixed         | 1.70%                 | No            |                  2 | On Loan: —       |
| LINDE INC/CT                                     | Linde Inc/CT                                                                     | CUSIP: 74005PBQ6<br>LEI: ZU69GUVJQGZ6Z1UOOO79 | Long             | DBT              | CORP              | US        |     95000 | PA      | $91971.40     | 0.01%             | 2026-01-30      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| AP MOLLER-MAERSK A/S                             | AP Moller - Maersk A/S                                                           | CUSIP: 00203QAD9<br>LEI: 549300D2K6PKKKXVNN73 | Long             | DBT              | CORP              | DK        |     27000 | PA      | $26257.50     | 0.00%             | 2025-09-28      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| REPUBLIC SERVICES INC                            | Republic Services Inc                                                            | CUSIP: 760759AU4<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |     98000 | PA      | $94079.02     | 0.01%             | 2024-08-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MBU3<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     15000 | PA      | $12720.15     | 0.00%             | 2029-09-27      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAQ8<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    150000 | PA      | $144651.00    | 0.02%             | 2024-02-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661DT1<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    215000 | PA      | $211805.10    | 0.03%             | 2025-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QML69<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    947842 | PA      | $780795.77    | 0.10%             | 2051-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Kraft Heinz Foods Co                             | Kraft Heinz Foods Co                                                             | CUSIP: 50076QAR7<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |     65000 | PA      | $72107.75     | 0.01%             | 2039-01-26      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Nokia OYJ                                        | Nokia Oyj                                                                        | CUSIP: 654902AE5<br>LEI: 549300A0JPRWG1KI7U06 | Long             | DBT              | CORP              | FI        |     35000 | PA      | $33354.65     | 0.00%             | 2027-06-12      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| AMERICAN AXLE & MFG INC                          | American Axle & Manufacturing Inc                                                | CUSIP: 02406PBB5<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |     55000 | PA      | $47805.45     | 0.01%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| ELI LILLY & CO                                   | Eli Lilly & Co                                                                   | CUSIP: 532457BR8<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |     70000 | PA      | $63006.30     | 0.01%             | 2047-05-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                          | International Bank for Reconstruction & Development                              | CUSIP: 459058JC8<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    124000 | PA      | $100027.08    | 0.01%             | 2030-05-14      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| ALCON FINANCE CORP                               | Alcon Finance Corp                                                               | CUSIP: 01400EAD5<br>LEI: 549300CUZUI9VU7XNK42 | Long             | DBT              | CORP              | US        |     45000 | PA      | $38015.55     | 0.00%             | 2030-05-27      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| WRKCo Inc                                        | WRKCo Inc                                                                        | CUSIP: 92940PAE4<br>LEI: 549300JEB576INN13W07 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18483.00     | 0.00%             | 2028-06-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| MACQUARIE BANK LTD                               | Macquarie Bank Ltd                                                               | CUSIP: 556079AD3<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |     90000 | PA      | $64614.60     | 0.01%             | 2036-03-03      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VGG3<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4525.00      | 0.00%             | 2026-03-20      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| ALLEGION PLC                                     | Allegion PLC                                                                     | CUSIP: 01748TAB7<br>LEI: 984500560CAC2E6FB757 | Long             | DBT              | CORP              | IE        |     32000 | PA      | $27622.40     | 0.00%             | 2029-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SEAWORLD PARKS & ENTERTA                         | SeaWorld Parks & Entertainment Inc                                               | CUSIP: 81282UAG7<br>LEI: 549300UZV72O3371JJ53 | Long             | DBT              | CORP              | US        |     55000 | PA      | $47722.95     | 0.01%             | 2029-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| ASGN INCORPORATED                                | ASGN Inc                                                                         | CUSIP: 00191UAA0<br>LEI: LZBNYYCBUKY537072438 | Long             | DBT              | CORP              | US        |     40000 | PA      | $35715.60     | 0.00%             | 2028-05-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| WRKCo Inc                                        | WRKCo Inc                                                                        | CUSIP: 96145DAD7<br>LEI: 549300JEB576INN13W07 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9183.70      | 0.00%             | 2027-09-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| INTL FLAVOR & FRAGRANCES                         | International Flavors & Fragrances Inc                                           | CUSIP: 459506AR2<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | DBT              | CORP              | US        |     92000 | PA      | $66789.24     | 0.01%             | 2040-11-15      | Fixed         | 3.27%                 | No            |                  2 | On Loan: No      |
| Republic of Peru                                 | Peruvian Government International Bond                                           | CUSIP: 715638AU6<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    100000 | PA      | $107579.00    | 0.01%             | 2037-03-14      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| RR DONNELLEY & SONS CO                           | RR Donnelley & Sons Co                                                           | CUSIP: 257867BC4<br>LEI: SU4X0P4WWRGOQDTSV032 | Long             | DBT              | CORP              | US        |     26000 | PA      | $40235.00     | 0.01%             | 2029-04-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                              | American Tower Corp                                                              | CUSIP: 03027XBK5<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     40000 | PA      | $25612.80     | 0.00%             | 2051-01-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                           | NXP BV / NXP Funding LLC / NXP USA Inc                                           | CUSIP: 62954HAV0<br>LEI: 724500RKKW4NOJ9YQF60 | Long             | DBT              | CORP              | XX        |    105000 | PA      | $98329.35     | 0.01%             | 2029-06-18      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| WW INTERNATIONAL INC                             | WW International Inc                                                             | CUSIP: 98262PAA9<br>LEI: SGT8R1MU6ESIC7UJC518 | Long             | DBT              | CORP              | US        |     35000 | PA      | $20167.00     | 0.00%             | 2029-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| BANK OF NY MELLON CORP                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RAF4<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    165000 | PA      | $154600.05    | 0.02%             | 2028-01-29      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Realty Income Corp                               | Realty Income Corp                                                               | CUSIP: 756109AV6<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |     10000 | PA      | $9784.70      | 0.00%             | 2025-04-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs. | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137BSP72<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     75000 | PA      | $70382.29     | 0.01%             | 2026-08-25      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| GATX Corp                                        | GATX Corp                                                                        | CUSIP: 361448AW3<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14269.05     | 0.00%             | 2025-03-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Ahold Finance USA LLC                            | Ahold Finance USA LLC                                                            | CUSIP: 008685AB5<br>LEI: 549300XB4647UBM7K822 | Long             | DBT              | CORP              | US        |     35000 | PA      | $37142.70     | 0.00%             | 2029-05-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ACCO BRANDS CORP                                 | ACCO Brands Corp                                                                 | CUSIP: 00081TAK4<br>LEI: JCT8P4Y190IH4I1NX328 | Long             | DBT              | CORP              | US        |     50000 | PA      | $41823.50     | 0.01%             | 2029-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912828M56<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1550000 | PA      | $1471410.16   | 0.19%             | 2025-11-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| OWENS & MINOR INC                                | Owens & Minor Inc                                                                | CUSIP: 690732AF9<br>LEI: 549300LMT5KQQXCEZ733 | Long             | DBT              | CORP              | US        |     40000 | PA      | $32738.40     | 0.00%             | 2029-03-31      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XDQC3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    201274 | PA      | $165997.90    | 0.02%             | 2051-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QGYV3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     41318 | PA      | $34121.92     | 0.00%             | 2051-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                        | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F0126C5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    750000 | PA      | $584208.98    | 0.08%             | 2052-12-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| ATS CORP                                         | ATS Corp                                                                         | CUSIP: 001940AC9<br>LEI: 5493005KP4RP3IU7HQ41 | Long             | DBT              | CORP              | CA        |     25000 | PA      | $21546.75     | 0.00%             | 2028-12-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| CATERPILLAR FINL SERVICE                         | Caterpillar Financial Services Corp                                              | CUSIP: 14913R2Q9<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4439.25      | 0.00%             | 2026-09-14      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                              | Moody's Corp                                                                     | CUSIP: 615369AS4<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |     40000 | PA      | $39027.20     | 0.01%             | 2025-03-24      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| BRIXMOR OPERATING PART                           | Brixmor Operating Partnership LP                                                 | CUSIP: 11120VAF0<br>LEI: 549300CJHBL7JBUA6503 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9696.10      | 0.00%             | 2024-06-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MCB4<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     85000 | PA      | $67582.65     | 0.01%             | 2030-07-08      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| KENNEDY-WILSON INC                               | Kennedy-Wilson Inc                                                               | CUSIP: 489399AL9<br>LEI: 5EA4464UK7FM5QNNKL62 | Long             | DBT              | CORP              | US        |     50000 | PA      | $40588.50     | 0.01%             | 2029-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CME Group Inc                                    | CME Group Inc                                                                    | CUSIP: 12572QAG0<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | DBT              | CORP              | US        |    115000 | PA      | $111392.45    | 0.01%             | 2025-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BROADRIDGE FINANCIAL SOL                         | Broadridge Financial Solutions Inc                                               | CUSIP: 11133TAD5<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | DBT              | CORP              | US        |     80000 | PA      | $68453.60     | 0.01%             | 2029-12-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| International Paper Co                           | International Paper Co                                                           | CUSIP: 460146CS0<br>LEI: 824LMFJDH41EY779Q875 | Long             | DBT              | CORP              | US        |     64000 | PA      | $54337.92     | 0.01%             | 2048-08-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                          | Dell International LLC / EMC Corp                                                | CUSIP: 24703TAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    169000 | PA      | $172631.81    | 0.02%             | 2026-06-15      | Fixed         | 6.02%                 | No            |                  2 | On Loan: No      |
| CINTAS CORPORATION NO. 2                         | Cintas Corp No 2                                                                 | CUSIP: 17252MAN0<br>LEI: 549300QVUQTTKMTE0G41 | Long             | DBT              | CORP              | US        |    135000 | PA      | $130755.60    | 0.02%             | 2027-04-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                             | Cleveland-Cliffs Inc                                                             | CUSIP: 185899AG6<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75480.00     | 0.01%             | 2026-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X75T2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     32138 | PA      | $30421.92     | 0.00%             | 2035-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC                                   | S&P Global Inc                                                                   | CUSIP: 78409VAZ7<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48331.50     | 0.01%             | 2029-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ITALY GOV'T INT BOND                             | Republic of Italy Government International Bond                                  | CUSIP: 465410BY3<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |    250000 | PA      | $208695.00    | 0.03%             | 2029-10-17      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Nutrien Ltd                                      | Nutrien Ltd                                                                      | CUSIP: 67077MAD0<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |     20000 | PA      | $19109.80     | 0.00%             | 2025-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FLEX LTD                                         | Flex Ltd                                                                         | CUSIP: 33938XAC9<br>LEI: 549300EAQH74YHD07T53 | Long             | DBT              | CORP              | SG        |     50000 | PA      | $47123.50     | 0.01%             | 2026-02-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                          | Oncor Electric Delivery Co LLC                                                   | CUSIP: 68233JBP8<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |    100000 | PA      | $81129.00     | 0.01%             | 2049-06-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KKG78<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    152844 | PA      | $148929.85    | 0.02%             | 2050-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                         | Rogers Communications Inc                                                        | CUSIP: 775109BG5<br>LEI: 54930030NVF3Y2OL0A78 | Long             | DBT              | CORP              | CA        |     84000 | PA      | $65474.64     | 0.01%             | 2048-02-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET CAR/FINANCE                          | Avis Budget Car Rental LLC / Avis Budget Finance Inc                             | CUSIP: 053773BC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     35000 | PA      | $32520.60     | 0.00%             | 2027-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| OHIO POWER COMPANY                               | Ohio Power Co                                                                    | CUSIP: 677415CT6<br>LEI: 06ZODLC132CY1O2Y7D77 | Long             | DBT              | CORP              | US        |     50000 | PA      | $38801.50     | 0.01%             | 2031-01-15      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                      | PepsiCo Inc                                                                      | CUSIP: 713448FG8<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    180000 | PA      | $130150.80    | 0.02%             | 2051-10-21      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| ISTAR INC                                        | iStar Inc                                                                        | CUSIP: 45031UCJ8<br>LEI: QFFLKWYYS3UPWD86E794 | Long             | DBT              |  | US        |     45000 | PA      | $45076.05     | 0.01%             | 2026-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NTT FINANCE CORP                                 | NTT Finance Corp                                                                 | CUSIP: 62954WAC9<br>LEI: 3538007PR116187GD960 | Long             | DBT              | CORP              | JP        |     15000 | PA      | $13325.70     | 0.00%             | 2026-04-03      | Fixed         | 1.16%                 | No            |                  2 | On Loan: No      |
| APPLIED MATERIALS INC                            | Applied Materials Inc                                                            | CUSIP: 038222AP0<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | DBT              | CORP              | US        |     94000 | PA      | $66044.40     | 0.01%             | 2050-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| POTOMAC ELECTRIC POWER                           | Potomac Electric Power Co                                                        | CUSIP: 737679DG2<br>LEI: 549300BXF2DWUNN57U06 | Long             | DBT              | CORP              | US        |     65000 | PA      | $64006.80     | 0.01%             | 2024-03-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL LFE GLB FND II                         | Principal Life Global Funding II                                                 | CUSIP: 74256LEE5<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |    103000 | PA      | $93608.46     | 0.01%             | 2025-06-23      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ARGENTINA                            | Argentina Bonar Bonds                                                            | CUSIP: 000000000<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |    150000 | PA      | $37224.00     | 0.00%             | 2041-07-09      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MCE8<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    110000 | PA      | $83429.50     | 0.01%             | 2031-01-12      | Fixed         | 1.71%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                              | Charles Schwab Corp/The                                                          | CUSIP: 808513AQ8<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     55000 | PA      | $52010.20     | 0.01%             | 2027-03-02      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                          | International Bank for Reconstruction & Development                              | CUSIP: 459058GE7<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |     50000 | PA      | $46722.50     | 0.01%             | 2027-11-22      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENER HOUSTON                         | CenterPoint Energy Houston Electric LLC                                          | CUSIP: 15189XAV0<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |     60000 | PA      | $50238.00     | 0.01%             | 2031-04-01      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| PNC Bank NA                                      | PNC Bank NA                                                                      | CUSIP: 69353RFJ2<br>LEI: AD6GFRVSDT01YPT1CS68 | Long             | DBT              | CORP              | US        |     75000 | PA      | $70015.50     | 0.01%             | 2028-01-22      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                         | Alexandria Real Estate Equities Inc                                              | CUSIP: 015271AU3<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |     76000 | PA      | $74119.76     | 0.01%             | 2030-12-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Vodafone Group PLC                               | Vodafone Group PLC                                                               | CUSIP: 92857WBQ2<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    170000 | PA      | $168274.50    | 0.02%             | 2079-04-04      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PERU                                 | Peruvian Government International Bond                                           | CUSIP: 715638DP4<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    200000 | PA      | $150676.00    | 0.02%             | 2032-12-01      | Fixed         | 1.86%                 | No            |                  2 | On Loan: No      |
| COVANTA HOLDING CORP                             | Covanta Holding Corp                                                             | CUSIP: 22282EAJ1<br>LEI: 40XIFLS8XDQGGHGPGC04 | Long             | DBT              | CORP              | US        |     35000 | PA      | $29892.10     | 0.00%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PROVINCE OF ALBERTA                              | Province of Alberta Canada                                                       | CUSIP: 013051EA1<br>LEI: LQPXMHHNJKIPJYE53543 | Long             | DBT              | NUSS              | CA        |    125000 | PA      | $119551.25    | 0.02%             | 2028-03-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| OEKB OEST. KONTROLLBANK                          | Oesterreichische Kontrollbank AG                                                 | CUSIP: 676167CC1<br>LEI: 5299000OVRLMF858L016 | Long             | DBT              | CORP              | AT        |    240000 | PA      | $213348.00    | 0.03%             | 2026-02-02      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| QUALCOMM Inc                                     | QUALCOMM Inc                                                                     | CUSIP: 747525AU7<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |    205000 | PA      | $195971.80    | 0.03%             | 2027-05-20      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| WEA FINANCE LLC                                  | WEA Finance LLC                                                                  | CUSIP: 92928QAH1<br>LEI: 3CYEJKBUJZO3UW777J80 | Long             | DBT              |  | US        |     80000 | PA      | $68472.80     | 0.01%             | 2027-01-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| DARLING INGREDIENTS INC                          | Darling Ingredients Inc                                                          | CUSIP: 237266AJ0<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73476.00     | 0.01%             | 2030-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Marks & Spencer PLC                              | Marks & Spencer PLC                                                              | CUSIP: 57069PAA0<br>LEI: 213800CN1RI3UCIZWB95 | Long             | DBT              | CORP              | GB        |     25000 | PA      | $22161.75     | 0.00%             | 2037-12-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| PRIME SECSRVC BRW/FINANC                         | Prime Security Services Borrower LLC / Prime Finance Inc                         | CUSIP: 74166MAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     95000 | PA      | $88659.70     | 0.01%             | 2028-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| INDUSTRIAL BANK/HK                               | Industrial Bank Co Ltd/Hong Kong                                                 | CUSIP: 000000000<br>LEI: 3003007Y03W5HH1MXR96 | Long             | DBT              | CORP              | CN        |    200000 | PA      | $188542.00    | 0.02%             | 2024-06-10      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY TRANSMISSION                         | FirstEnergy Transmission LLC                                                     | CUSIP: 33767BAC3<br>LEI: 549300AINIIPOLYX2R63 | Long             | DBT              | CORP              | US        |     35000 | PA      | $28763.00     | 0.00%             | 2049-04-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Novartis Capital Corp                            | Novartis Capital Corp                                                            | CUSIP: 66989HAJ7<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24137.75     | 0.00%             | 2025-11-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR INC                                  | Caterpillar Inc                                                                  | CUSIP: 149123CJ8<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |     72000 | PA      | $55784.16     | 0.01%             | 2050-04-09      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                         | Alexandria Real Estate Equities Inc                                              | CUSIP: 015271AZ2<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |      5000 | PA      | $3618.65      | 0.00%             | 2052-03-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| FMG RESOURCES AUG 2006                           | FMG Resources August 2006 Pty Ltd                                                | CUSIP: 30251GBC0<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |    115000 | PA      | $96879.45     | 0.01%             | 2031-04-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| GENERAL MILLS INC                                | General Mills Inc                                                                | CUSIP: 370334CQ5<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |     15000 | PA      | $12181.35     | 0.00%             | 2031-10-14      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                     | UBS Group AG                                                                     | CUSIP: 902613AK4<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |     70000 | PA      | $54708.50     | 0.01%             | 2033-02-11      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810SP4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1840000 | PA      | $1060875.00   | 0.14%             | 2050-08-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                        | Amgen Inc                                                                        | CUSIP: 031162CY4<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    125000 | PA      | $77491.25     | 0.01%             | 2053-09-01      | Fixed         | 2.77%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCKS FINAN NA                          | Daimler Trucks Finance North America LLC                                         | CUSIP: 233853AB6<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |     65000 | PA      | $62318.10     | 0.01%             | 2023-12-14      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| COMPASS MINERALS INTERNA                         | Compass Minerals International Inc                                               | CUSIP: 20451NAE1<br>LEI: 2549008X9G8XP7YJGC47 | Long             | DBT              | CORP              | US        |     40000 | PA      | $38016.80     | 0.00%             | 2024-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL                         | Penske Truck Leasing Co Lp / PTL Finance Corp                                    | CUSIP: 709599BF0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     35000 | PA      | $33773.95     | 0.00%             | 2024-07-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                          | Romanian Government International Bond                                           | CUSIP: 77586TAE6<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     50000 | PA      | $45888.00     | 0.01%             | 2044-01-22      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Welltower Inc                                    | Welltower Inc                                                                    | CUSIP: 42217KAX4<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              |  | US        |     60000 | PA      | $60820.20     | 0.01%             | 2041-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140GSPD8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     43030 | PA      | $41377.14     | 0.01%             | 2047-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP                          | Asbury Automotive Group Inc                                                      | CUSIP: 043436AV6<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |     30000 | PA      | $25807.80     | 0.00%             | 2030-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                   | Morgan Stanley                                                                   | CUSIP: 61761JZN2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    220000 | PA      | $212018.40    | 0.03%             | 2027-04-23      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| ASHTEAD CAPITAL INC                              | Ashtead Capital Inc                                                              | CUSIP: 045054AJ2<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |     25000 | PA      | $22692.00     | 0.00%             | 2028-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TYCO ELECTRONICS GROUP S                         | Tyco Electronics Group SA                                                        | CUSIP: 902133AG2<br>LEI: C33G1C5SYE2YM95EE712 | Long             | DBT              | CORP              | LU        |      5000 | PA      | $5815.60      | 0.00%             | 2037-10-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| TELUS CORP                                       | TELUS Corp                                                                       | CUSIP: 87971MBW2<br>LEI: L2TEUTQ8OSHMJWVLCE40 | Long             | DBT              | CORP              | CA        |     55000 | PA      | $47872.55     | 0.01%             | 2032-05-13      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| US Bancorp                                       | US Bancorp                                                                       | CUSIP: 91159HHV5<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9847.50      | 0.00%             | 2024-02-05      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL LFE GLB FND II                         | Principal Life Global Funding II                                                 | CUSIP: 74256LEK1<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |     40000 | PA      | $35326.40     | 0.00%             | 2026-01-12      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QFNT2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     77109 | PA      | $66321.60     | 0.01%             | 2050-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| WHARF REIC FINANCE BVI                           | Wharf REIC Finance BVI Ltd                                                       | CUSIP: 000000000<br>LEI: 254900N6PHCMYYNUWV59 | Long             | DBT              | CORP              | VG        |    200000 | PA      | $186162.00    | 0.02%             | 2025-05-07      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER CHILE                            | Banco Santander Chile                                                            | CUSIP: 05971WAD5<br>LEI: 3YJP8HORPAEXJ80D6368 | Long             | DBT              | CORP              | CL        |    150000 | PA      | $125184.00    | 0.02%             | 2031-10-26      | Fixed         | 3.18%                 | No            |                  2 | On Loan: —       |
| COCA-COLA CO/THE                                 | Coca-Cola Co/The                                                                 | CUSIP: 191216CQ1<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |     35000 | PA      | $32816.00     | 0.00%             | 2050-03-25      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Baidu Inc                                        | Baidu Inc                                                                        | CUSIP: 056752AJ7<br>LEI: 254900AL64IANZYI1E02 | Long             | DBT              | CORP              | KY        |     40000 | PA      | $37040.00     | 0.00%             | 2027-07-06      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822AU8<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |     15000 | PA      | $14623.95     | 0.00%             | 2025-03-02      | Fixed         | 3.78%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                       | Fiserv Inc                                                                       | CUSIP: 337738AV0<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |    127000 | PA      | $105357.93    | 0.01%             | 2049-07-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                        | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F0306C7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2399000 | PA      | $2122994.71   | 0.28%             | 2052-12-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Host Hotels & Resorts LP                         | Host Hotels & Resorts LP                                                         | CUSIP: 44107TAW6<br>LEI: FXB7X4WXVA8QPMNOGS12 | Long             | DBT              |  | US        |     87000 | PA      | $83907.15     | 0.01%             | 2026-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132D56Q0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     51160 | PA      | $46031.00     | 0.01%             | 2035-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| KOREA DEVELOPMENT BANK                           | Korea Development Bank/The                                                       | CUSIP: 500630CJ5<br>LEI: 549300ML2LNRZUCS7149 | Long             | DBT              | NUSS              | KR        |    200000 | PA      | $190902.00    | 0.02%             | 2026-01-13      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| XEROX CORPORATION                                | Xerox Corp                                                                       | CUSIP: 984121CJ0<br>LEI: 4KF48RN45X1OO8UBLY20 | Long             | DBT              | CORP              | US        |     25000 | PA      | $23944.75     | 0.00%             | 2024-05-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| PULTEGROUP INC                                   | PulteGroup Inc                                                                   | CUSIP: 745867AP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $50011.50     | 0.01%             | 2033-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| JB HUNT TRANSPRT SVCS                            | JB Hunt Transport Services Inc                                                   | CUSIP: 445658CF2<br>LEI: 549300XCD1MPI1C5GK90 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97304.00     | 0.01%             | 2026-03-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BOSTON PROPERTIES LP                             | Boston Properties LP                                                             | CUSIP: 10112RBE3<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              |  | US        |     35000 | PA      | $26972.05     | 0.00%             | 2032-04-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DWBH5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    365136 | PA      | $301169.92    | 0.04%             | 2051-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| LINDE INC/CT                                     | Linde Inc/CT                                                                     | CUSIP: 74005PBT0<br>LEI: ZU69GUVJQGZ6Z1UOOO79 | Long             | DBT              | CORP              | US        |     34000 | PA      | $26340.82     | 0.00%             | 2030-08-10      | Fixed         | 1.10%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                 | Bank of Montreal                                                                 | CUSIP: 06368LAQ9<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |     90000 | PA      | $89007.30     | 0.01%             | 2027-09-14      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CEQ0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3000000 | PA      | $2898281.25   | 0.38%             | 2025-05-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| ALLSTATE CORP                                    | Allstate Corp/The                                                                | CUSIP: 020002BC4<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |     80000 | PA      | $67968.80     | 0.01%             | 2046-12-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                         | Marsh & McLennan Cos Inc                                                         | CUSIP: 571748BD3<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |     55000 | PA      | $45944.25     | 0.01%             | 2048-03-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| TRAVELERS COS INC                                | Travelers Cos Inc/The                                                            | CUSIP: 89417EAL3<br>LEI: 549300Y650407RU8B149 | Long             | DBT              | CORP              | US        |     54000 | PA      | $42853.32     | 0.01%             | 2046-05-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| GXO LOGISTICS INC                                | GXO Logistics Inc                                                                | CUSIP: 36262GAB7<br>LEI: 5493007CNWMXN78JRN66 | Long             | DBT              | CORP              | US        |    150000 | PA      | $128844.00    | 0.02%             | 2026-07-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Stevens Holding Co Inc                           | Stevens Holding Co Inc                                                           | CUSIP: 86024TAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     45000 | PA      | $45196.20     | 0.01%             | 2026-10-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                 | Coca-Cola Co/The                                                                 | CUSIP: 191216CR9<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |     60000 | PA      | $58166.40     | 0.01%             | 2027-03-25      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Conagra Brands Inc                               | Conagra Brands Inc                                                               | CUSIP: 205887AX0<br>LEI: 54930035UDEIH090K650 | Long             | DBT              | CORP              | US        |     45000 | PA      | $51585.75     | 0.01%             | 2030-09-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| JM SMUCKER CO                                    | J M Smucker Co/The                                                               | CUSIP: 832696AM0<br>LEI: 5493000WDH6A0LHDJD55 | Long             | DBT              | CORP              | US        |     95000 | PA      | $86507.00     | 0.01%             | 2035-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL                         | Penske Truck Leasing Co Lp / PTL Finance Corp                                    | CUSIP: 709599BM5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    177000 | PA      | $154791.81    | 0.02%             | 2026-06-15      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL LFE GLB FND II                         | Principal Life Global Funding II                                                 | CUSIP: 74256LET2<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18504.00     | 0.00%             | 2025-01-10      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                            | Truist Financial Corp                                                            | CUSIP: 05531FBH5<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    118000 | PA      | $113412.16    | 0.01%             | 2024-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822BH6<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |     95000 | PA      | $87641.30     | 0.01%             | 2029-03-07      | Fixed         | 3.74%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MBC3<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     20000 | PA      | $18574.60     | 0.00%             | 2028-07-19      | Fixed         | 3.94%                 | No            |                  2 | On Loan: No      |
| WILLIAM CARTER                                   | William Carter Co/The                                                            | CUSIP: 96926JAC1<br>LEI: TGI2A0HXEYNQPU7TYV27 | Long             | DBT              | CORP              | US        |     45000 | PA      | $43360.20     | 0.01%             | 2027-03-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL FINANCIAL GRP                          | Principal Financial Group Inc                                                    | CUSIP: 74251VAJ1<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | DBT              | CORP              | US        |     22000 | PA      | $18214.46     | 0.00%             | 2043-05-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133GFCG8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    271531 | PA      | $243929.06    | 0.03%             | 2036-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Iron Mountain Inc                                | Iron Mountain Inc                                                                | CUSIP: 46284VAC5<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |     82000 | PA      | $77140.68     | 0.01%             | 2027-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| WRKCO INC                                        | WRKCo Inc                                                                        | CUSIP: 92940PAG9<br>LEI: 549300JEB576INN13W07 | Long             | DBT              | CORP              | US        |     50000 | PA      | $40148.50     | 0.01%             | 2033-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CEP2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3600000 | PA      | $3376125.00   | 0.44%             | 2032-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| MUFG BANK LTD                                    | MUFG Bank Ltd                                                                    | CUSIP: 064255AX0<br>LEI: C3GTMMZIHMY46P4OIX74 | Long             | DBT              | CORP              | JP        |     35000 | PA      | $31398.85     | 0.00%             | 2044-03-10      | Fixed         | 4.70%                 | No            |                  2 | On Loan: —       |
| Sirius XM Radio Inc                              | Sirius XM Radio Inc                                                              | CUSIP: 82967NBA5<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    125000 | PA      | $116817.50    | 0.02%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MANITOBA (PROVINCE OF)                           | Province of Manitoba Canada                                                      | CUSIP: 563469UL7<br>LEI: 5493003QILFOB3JRKE30 | Long             | DBT              | NUSS              | CA        |    195000 | PA      | $180031.80    | 0.02%             | 2026-06-22      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                   | Home Depot Inc/The                                                               | CUSIP: 437076BA9<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8962.00      | 0.00%             | 2043-04-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Asian Development Bank                           | Asian Development Bank                                                           | CUSIP: 045167DR1<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |     10000 | PA      | $9182.60      | 0.00%             | 2026-08-14      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                               | Vodafone Group PLC                                                               | CUSIP: 92857WBV1<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |     30000 | PA      | $24956.40     | 0.00%             | 2081-06-04      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| SHINHAN FINANCIAL GROUP                          | Shinhan Financial Group Co Ltd                                                   | CUSIP: 82460Q2A0<br>LEI: 988400EB8A6G49E5KO54 | Long             | DBT              | CORP              | KR        |    200000 | PA      | $183614.00    | 0.02%             | 2030-02-05      | Fixed         | 3.34%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QPFK8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    576602 | PA      | $528571.99    | 0.07%             | 2052-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PROV OF NEW BRUNSWICK                            | Province of New Brunswick Canada                                                 | CUSIP: 642869AM3<br>LEI: 549300POZA55ZTGSOU44 | Long             | DBT              | NUSS              | CA        |    195000 | PA      | $189354.75    | 0.02%             | 2028-02-24      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| HOWMET AEROSPACE INC                             | Howmet Aerospace Inc                                                             | CUSIP: 443201AA6<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |     49000 | PA      | $50084.37     | 0.01%             | 2025-05-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XGK57<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    966877 | PA      | $828953.21    | 0.11%             | 2051-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| RELIANCE STAND LIFE II                           | Reliance Standard Life Global Funding II                                         | CUSIP: 75951AAN8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $36156.00     | 0.00%             | 2027-01-21      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| MICROSTRATEGY INC                                | MicroStrategy Inc                                                                | CUSIP: 594972AF8<br>LEI: 549300WQTWEJUEHXQX21 | Long             | DBT              | CORP              | US        |     40000 | PA      | $29542.00     | 0.00%             | 2028-06-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Ameriprise Financial Inc                         | Ameriprise Financial Inc                                                         | CUSIP: 03076CAK2<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | DBT              | CORP              | US        |     67000 | PA      | $64413.80     | 0.01%             | 2025-04-02      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FINNVERA PLC                                     | Finnvera Oyj                                                                     | CUSIP: 31808LAD4<br>LEI: 743700T69OBBJO7TCA15 | Long             | DBT              | NUSS              | FI        |     30000 | PA      | $28437.30     | 0.00%             | 2024-10-23      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| ANGLO AMERICAN CAPITAL                           | Anglo American Capital PLC                                                       | CUSIP: 000000000<br>LEI: TINT358G1SSHR3L3PW36 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $166668.00    | 0.02%             | 2052-03-16      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| RENESAS ELECTRONICS CORP                         | Renesas Electronics Corp                                                         | CUSIP: 75972BAB7<br>LEI: 5299000EPC47VJQOFB81 | Long             | DBT              | CORP              | JP        |     35000 | PA      | $30167.55     | 0.00%             | 2026-11-25      | Fixed         | 2.17%                 | No            |                  2 | On Loan: No      |
| Agilent Technologies Inc                         | Agilent Technologies Inc                                                         | CUSIP: 00846UAK7<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | DBT              | CORP              | US        |     84000 | PA      | $78771.84     | 0.01%             | 2026-09-22      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| JM SMUCKER CO                                    | J M Smucker Co/The                                                               | CUSIP: 832696AU2<br>LEI: 5493000WDH6A0LHDJD55 | Long             | DBT              | CORP              | US        |     10000 | PA      | $7829.50      | 0.00%             | 2032-03-15      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| CISCO SYSTEMS INC                                | Cisco Systems Inc                                                                | CUSIP: 17275RAW2<br>LEI: 8E6NF1YAL0WT6CWXXV93 | Long             | DBT              | CORP              | US        |     37000 | PA      | $36227.81     | 0.00%             | 2025-06-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ALLSTATE CORP                                    | Allstate Corp/The                                                                | CUSIP: 020002BD2<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |     35000 | PA      | $33329.45     | 0.00%             | 2026-12-15      | Fixed         | 3.28%                 | No            |                  2 | On Loan: —       |
| KFW                                              | Kreditanstalt fuer Wiederaufbau                                                  | CUSIP: 500769HX5<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |    480000 | PA      | $468662.40    | 0.06%             | 2024-02-28      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| ITALY GOV'T INT BOND                             | Republic of Italy Government International Bond                                  | CUSIP: 465410BZ0<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |     35000 | PA      | $25295.20     | 0.00%             | 2049-10-17      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Leggett & Platt Inc                              | Leggett & Platt Inc                                                              | CUSIP: 524660AZ0<br>LEI: DKOVQUCDW4ZLYCUD4T55 | Long             | DBT              | CORP              | US        |     22000 | PA      | $20924.42     | 0.00%             | 2029-03-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Lear Corp                                        | Lear Corp                                                                        | CUSIP: 521865BA2<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | DBT              | CORP              | US        |     40000 | PA      | $36402.80     | 0.00%             | 2029-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| WHIRLPOOL CORP                                   | Whirlpool Corp                                                                   | CUSIP: 963320AX4<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |     40000 | PA      | $31652.00     | 0.00%             | 2050-05-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: —       |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KNNS8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1355950 | PA      | $1202343.80   | 0.16%             | 2052-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON BANCSHARES                            | Huntington Bancshares Inc/OH                                                     | CUSIP: 446150AM6<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |    145000 | PA      | $141302.50    | 0.02%             | 2025-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                     | UBS Group AG                                                                     | CUSIP: 902613AT5<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    200000 | PA      | $186822.00    | 0.02%             | 2033-08-05      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| QUANTA SERVICES INC                              | Quanta Services Inc                                                              | CUSIP: 74762EAH5<br>LEI: SHVRXXEACT60MMH07S24 | Long             | DBT              | CORP              | US        |     85000 | PA      | $65814.65     | 0.01%             | 2032-01-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661EH6<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    210000 | PA      | $190965.60    | 0.02%             | 2032-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| HCA Inc                                          | HCA Inc                                                                          | CUSIP: 404119BN8<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    123000 | PA      | $122519.07    | 0.02%             | 2024-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                       | US Bancorp                                                                       | CUSIP: 91159HJA9<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |     10000 | PA      | $7811.20      | 0.00%             | 2030-07-22      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| International Paper Co                           | International Paper Co                                                           | CUSIP: 460146CQ4<br>LEI: 824LMFJDH41EY779Q875 | Long             | DBT              | CORP              | US        |     39000 | PA      | $32547.06     | 0.00%             | 2047-08-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| CUMMINS INC                                      | Cummins Inc                                                                      | CUSIP: 231021AS5<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | DBT              | CORP              | US        |    100000 | PA      | $64348.00     | 0.01%             | 2050-09-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X6QG9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     31014 | PA      | $31270.63     | 0.00%             | 2049-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSP/FINL                          | MPT Operating Partnership LP / MPT Finance Corp                                  | CUSIP: 55342UAM6<br>LEI: N/A                  | Long             | DBT              |  | US        |    100000 | PA      | $70739.00     | 0.01%             | 2031-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HP INC                                           | HP Inc                                                                           | CUSIP: 40434LAJ4<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | DBT              | CORP              | US        |     32000 | PA      | $25182.08     | 0.00%             | 2031-06-17      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                              | Elevance Health Inc                                                              | CUSIP: 94973VAY3<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27644.70     | 0.00%             | 2042-05-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| NVIDIA CORP                                      | NVIDIA Corp                                                                      | CUSIP: 67066GAL8<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | DBT              | CORP              | US        |     25000 | PA      | $23446.75     | 0.00%             | 2024-06-14      | Fixed         | 0.58%                 | No            |                  2 | On Loan: No      |
| TRI POINTE GROUP / HOMES                         | TRI Pointe Group Inc / TRI Pointe Homes Inc                                      | CUSIP: 962178AN9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $40131.20     | 0.01%             | 2024-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QHQ57<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     40846 | PA      | $36695.14     | 0.00%             | 2036-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ERP Operating LP                                 | ERP Operating LP                                                                 | CUSIP: 26884ABF9<br>LEI: DX5HQV5MLU50FEWZ5072 | Long             | DBT              |  | US        |     30000 | PA      | $27802.50     | 0.00%             | 2026-11-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                              | Nomura Holdings Inc                                                              | CUSIP: 65535HAP4<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |    125000 | PA      | $118267.50    | 0.02%             | 2025-01-16      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DWBG7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    488832 | PA      | $380474.09    | 0.05%             | 2051-04-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| MGIC INVESTMENT CORP                             | MGIC Investment Corp                                                             | CUSIP: 552848AG8<br>LEI: 254900S8483WM4M98R28 | Long             | DBT              | CORP              | US        |     50000 | PA      | $45766.00     | 0.01%             | 2028-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| AMERICAN WATER CAPITAL C                         | American Water Capital Corp                                                      | CUSIP: 03040WAJ4<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |     77000 | PA      | $67145.54     | 0.01%             | 2042-12-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust            | Wells Fargo Commercial Mortgage Trust 2017-RC1                                   | CUSIP: 95001FAX3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    150000 | PA      | $139817.40    | 0.02%             | 2060-01-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                         | European Investment Bank                                                         | CUSIP: 298785JG2<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    150000 | PA      | $134001.00    | 0.02%             | 2025-12-15      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS                         | Discovery Communications LLC                                                     | CUSIP: 25470DAL3<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |     55000 | PA      | $53508.95     | 0.01%             | 2026-03-11      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Celanese US Holdings LLC                         | Celanese US Holdings LLC                                                         | CUSIP: 15089QAJ3<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |     80000 | PA      | $77691.20     | 0.01%             | 2024-05-08      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132A8TN9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    117396 | PA      | $112749.63    | 0.01%             | 2030-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PERKINELMER INC                                  | PerkinElmer Inc                                                                  | CUSIP: 714046AJ8<br>LEI: 549300IKL1SDPFI7N655 | Long             | DBT              | CORP              | US        |     58000 | PA      | $41684.60     | 0.01%             | 2051-03-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                         | Marsh & McLennan Cos Inc                                                         | CUSIP: 571748AX0<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |     92000 | PA      | $89672.40     | 0.01%             | 2025-03-10      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Applied Materials Inc                            | Applied Materials Inc                                                            | CUSIP: 038222AK1<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | DBT              | CORP              | US        |     69000 | PA      | $70943.04     | 0.01%             | 2035-10-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Church & Dwight Co Inc                           | Church & Dwight Co Inc                                                           | CUSIP: 171340AL6<br>LEI: POOXSI30AWAQGYJZC921 | Long             | DBT              | CORP              | US        |     92000 | PA      | $73746.28     | 0.01%             | 2047-08-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| TRUIST BANK                                      | Truist Bank                                                                      | CUSIP: 86787EBC0<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |     55000 | PA      | $53805.40     | 0.01%             | 2024-04-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| STATE OF QATAR                                   | Qatar Government International Bond                                              | CUSIP: 000000000<br>LEI: 52990074F6OJOAXK4P65 | Long             | DBT              | NUSS              | QA        |    200000 | PA      | $183160.00    | 0.02%             | 2050-04-16      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| HOWMET AEROSPACE INC                             | Howmet Aerospace Inc                                                             | CUSIP: 022249AU0<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |     35000 | PA      | $35753.55     | 0.00%             | 2028-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| XLIT Ltd                                         | XLIT Ltd                                                                         | CUSIP: 98420EAB1<br>LEI: 635400XCGXK8NVDIVE95 | Long             | DBT              | CORP              | KY        |     50000 | PA      | $49830.00     | 0.01%             | 2043-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| OTIS WORLDWIDE CORP                              | Otis Worldwide Corp                                                              | CUSIP: 68902VAM9<br>LEI: 549300ZLBKR8VSU25153 | Long             | DBT              | CORP              | US        |     90000 | PA      | $64521.00     | 0.01%             | 2050-02-15      | Fixed         | 3.36%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VCZ5<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8821.00      | 0.00%             | 2055-03-15      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| ADT SEC CORP                                     | ADT Security Corp/The                                                            | CUSIP: 74166NAA2<br>LEI: 5493009JEEDYLVRA0J13 | Long             | DBT              | CORP              | US        |     55000 | PA      | $47964.95     | 0.01%             | 2032-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| SCENTRE GROUP TRUST 1/2                          | Scentre Group Trust 1 / Scentre Group Trust 2                                    | CUSIP: 806213AB0<br>LEI: N/A                  | Long             | DBT              |  | AU        |     90000 | PA      | $86013.00     | 0.01%             | 2025-02-12      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179VBG4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     70066 | PA      | $65839.98     | 0.01%             | 2049-12-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912828X88<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1200000 | PA      | $1125750.00   | 0.15%             | 2027-05-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| ROCKWELL AUTOMATION                              | Rockwell Automation Inc                                                          | CUSIP: 773903AM1<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | DBT              | CORP              | US        |     25000 | PA      | $15260.00     | 0.00%             | 2061-08-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| PACCAR FINANCIAL CORP                            | PACCAR Financial Corp                                                            | CUSIP: 69371RR32<br>LEI: PH3S12DWZBHHQKVYZ297 | Long             | DBT              | CORP              | US        |     55000 | PA      | $49322.90     | 0.01%             | 2026-05-11      | Fixed         | 1.10%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810RS9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1700000 | PA      | $1299703.13   | 0.17%             | 2046-05-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Church & Dwight Co Inc                           | Church & Dwight Co Inc                                                           | CUSIP: 171340AN2<br>LEI: POOXSI30AWAQGYJZC921 | Long             | DBT              | CORP              | US        |     65000 | PA      | $61154.60     | 0.01%             | 2027-08-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| CITIZENS FINANCIAL GROUP                         | Citizens Financial Group Inc                                                     | CUSIP: 174610AT2<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87940.00     | 0.01%             | 2030-04-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                   | Air Lease Corp                                                                   | CUSIP: 00914AAS1<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    115000 | PA      | $91123.70     | 0.01%             | 2032-01-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                              | American Express Co                                                              | CUSIP: 025816CP2<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    164000 | PA      | $153561.40    | 0.02%             | 2027-05-03      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| KOOKMIN BANK                                     | Kookmin Bank                                                                     | CUSIP: 000000000<br>LEI: 549300XXMOJSIW8P4769 | Long             | DBT              | CORP              | KR        |    200000 | PA      | $186768.00    | 0.02%             | 2029-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132D6BR0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    578505 | PA      | $519168.04    | 0.07%             | 2037-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| STATE OF ISRAEL                                  | State of Israel                                                                  | CUSIP: 46513JXN6<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    400000 | PA      | $306820.00    | 0.04%             | 2050-01-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| TRAVELERS COS INC                                | Travelers Cos Inc/The                                                            | CUSIP: 792860AK4<br>LEI: 549300Y650407RU8B149 | Long             | DBT              | CORP              | US        |     40000 | PA      | $45774.80     | 0.01%             | 2036-06-20      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| KFW                                              | Kreditanstalt fuer Wiederaufbau                                                  | CUSIP: 500769JM7<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |    410000 | PA      | $388265.90    | 0.05%             | 2024-03-08      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| APX GROUP INC                                    | APX Group Inc                                                                    | CUSIP: 00213MAW4<br>LEI: 549300OMQVKPRU98OE64 | Long             | DBT              | CORP              | US        |     60000 | PA      | $51116.40     | 0.01%             | 2029-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| CROWN CASTLE INC                                 | Crown Castle Inc                                                                 | CUSIP: 22822VAG6<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |    107000 | PA      | $103825.31    | 0.01%             | 2024-09-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                     | UBS Group AG                                                                     | CUSIP: 902613AL2<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |     80000 | PA      | $53599.20     | 0.01%             | 2043-02-11      | Fixed         | 3.18%                 | No            |                  2 | On Loan: No      |
| H.B. FULLER CO                                   | HB Fuller Co                                                                     | CUSIP: 40410KAA3<br>LEI: JSMX3Z5FOYM8V0Q52357 | Long             | DBT              | CORP              | US        |     25000 | PA      | $22270.00     | 0.00%             | 2028-10-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| NVIDIA CORP                                      | NVIDIA Corp                                                                      | CUSIP: 67066GAH7<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | DBT              | CORP              | US        |    131000 | PA      | $102152.49    | 0.01%             | 2050-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BOISE CASCADE COMPANY                            | Boise Cascade Co                                                                 | CUSIP: 09739DAD2<br>LEI: 549300Z8B8LSRHC7XA55 | Long             | DBT              | CORP              | US        |     35000 | PA      | $30202.55     | 0.00%             | 2030-07-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CAV3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1190000 | PA      | $967246.88    | 0.13%             | 2030-11-15      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| ASHTEAD CAPITAL INC                              | Ashtead Capital Inc                                                              | CUSIP: 04505AAA7<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |    200000 | PA      | $191870.00    | 0.03%             | 2032-08-11      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF CHILE                                | Chile Government International Bond                                              | CUSIP: 168863DS4<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    200000 | PA      | $148172.00    | 0.02%             | 2041-05-07      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                         | Alexandria Real Estate Equities Inc                                              | CUSIP: 015271AX7<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |     67000 | PA      | $43585.51     | 0.01%             | 2051-05-18      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X9ED3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     84447 | PA      | $75199.53     | 0.01%             | 2051-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HCA INC                                          | HCA Inc                                                                          | CUSIP: 404119CA5<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    235000 | PA      | $203517.05    | 0.03%             | 2030-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                            | Truist Financial Corp                                                            | CUSIP: 89788MAE2<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |     85000 | PA      | $71678.80     | 0.01%             | 2029-06-07      | Fixed         | 1.89%                 | No            |                  2 | On Loan: No      |
| ERAC USA Finance LLC                             | ERAC USA Finance LLC                                                             | CUSIP: 26884TAS1<br>LEI: LTKX5ODQW6Z7BQ2K1V47 | Long             | DBT              | CORP              | US        |     47000 | PA      | $36258.15     | 0.00%             | 2046-11-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa                         | Republic of South Africa Government International Bond                           | CUSIP: 836205AR5<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    200000 | PA      | $202388.00    | 0.03%             | 2025-09-16      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| ICBCIL FINANCE CO LTD                            | ICBCIL Finance Co Ltd                                                            | CUSIP: 000000000<br>LEI: 549300ZCUURSNVTOEU07 | Long             | DBT              | CORP              | HK        |    200000 | PA      | $181202.00    | 0.02%             | 2025-08-25      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| GRUBHUB HOLDINGS INC                             | GrubHub Holdings Inc                                                             | CUSIP: 40010PAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     35000 | PA      | $26434.80     | 0.00%             | 2027-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                          | Oncor Electric Delivery Co LLC                                                   | CUSIP: 68233JBX1<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30792.30     | 0.00%             | 2052-10-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QNWL2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1449587 | PA      | $1240840.66   | 0.16%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                         | Rogers Communications Inc                                                        | CUSIP: 775109BB6<br>LEI: 54930030NVF3Y2OL0A78 | Long             | DBT              | CORP              | CA        |    123000 | PA      | $108431.88    | 0.01%             | 2044-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Aflac Inc                                        | Aflac Inc                                                                        | CUSIP: 001055AY8<br>LEI: 549300N0B7DOGLXWPP39 | Long             | DBT              | CORP              | US        |     50000 | PA      | $44266.00     | 0.01%             | 2049-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| POTOMAC ELECTRIC POWER                           | Potomac Electric Power Co                                                        | CUSIP: 737679DE7<br>LEI: 549300BXF2DWUNN57U06 | Long             | DBT              | CORP              | US        |    112000 | PA      | $95674.88     | 0.01%             | 2043-03-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| BMW FINANCE NV                                   | BMW Finance NV                                                                   | CUSIP: 05600LAC0<br>LEI: 5299006ZHG3IXU0PNJ56 | Long             | DBT              | CORP              | NL        |     95000 | PA      | $83707.35     | 0.01%             | 2029-08-14      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| XHR LP                                           | XHR LP                                                                           | CUSIP: 98372MAC9<br>LEI: 549300M88BPT83ZL2164 | Long             | DBT              |  | US        |     45000 | PA      | $37946.25     | 0.00%             | 2029-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179VDQ0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     50901 | PA      | $49094.44     | 0.01%             | 2050-01-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                             | OneMain Finance Corp                                                             | CUSIP: 682691AB6<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     25000 | PA      | $20591.75     | 0.00%             | 2027-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC                           | Lumen Technologies Inc                                                           | CUSIP: 156700BC9<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |    105000 | PA      | $89530.35     | 0.01%             | 2027-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RELIANCE STEEL & ALUM                            | Reliance Steel & Aluminum Co                                                     | CUSIP: 759509AG7<br>LEI: 549300E287ZOFT3C5Z56 | Long             | DBT              | CORP              | US        |     70000 | PA      | $55423.90     | 0.01%             | 2030-08-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: —       |
| CCBL CAYMAN 1 CORP                               | CCBL Cayman 1 Corp Ltd                                                           | CUSIP: 000000000<br>LEI: 549300PPQILFPZT13E12 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $176994.00    | 0.02%             | 2026-09-15      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| Bank of America Credit Card Trust                | BA Credit Card Trust                                                             | CUSIP: 05522RDD7<br>LEI: 5493006DQ60M1CRKHH19 | Long             | ABS-O            | CORP              | US        |    400000 | PA      | $375406.23    | 0.05%             | 2026-09-15      | Fixed         | 0.44%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CDY4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4150000 | PA      | $3576132.81   | 0.47%             | 2032-02-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Encompass Health Corp                            | Encompass Health Corp                                                            | CUSIP: 421924BT7<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |     35000 | PA      | $34850.20     | 0.00%             | 2025-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                        | Amgen Inc                                                                        | CUSIP: 031162CU2<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     70000 | PA      | $60061.40     | 0.01%             | 2030-02-21      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Hasbro Inc                                       | Hasbro Inc                                                                       | CUSIP: 418056AV9<br>LEI: 549300NUB6D2R1ITYR45 | Long             | DBT              | CORP              | US        |     15000 | PA      | $13965.75     | 0.00%             | 2027-09-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                            | Level 3 Financing Inc                                                            | CUSIP: 527298BR3<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |     90000 | PA      | $71291.70     | 0.01%             | 2028-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                        | Amgen Inc                                                                        | CUSIP: 031162CV0<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     95000 | PA      | $89630.60     | 0.01%             | 2025-02-21      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| SWEDISH EXPORT CREDIT                            | Svensk Exportkredit AB                                                           | CUSIP: 00254EMZ2<br>LEI: 1FOLRR5RWTWWI397R131 | Long             | DBT              | NUSS              | SE        |    200000 | PA      | $182618.00    | 0.02%             | 2025-05-14      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| TEXAS INSTRUMENTS INC                            | Texas Instruments Inc                                                            | CUSIP: 882508BK9<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |     20000 | PA      | $17775.80     | 0.00%             | 2026-09-15      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| MEIJI YASUDA LIFE INSURA                         | Meiji Yasuda Life Insurance Co                                                   | CUSIP: 585270AC5<br>LEI: 549300SLU4LP6YMRLK07 | Long             | DBT              | CORP              | JP        |     25000 | PA      | $23787.75     | 0.00%             | 2048-04-26      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| FMG RESOURCES AUG 2006                           | FMG Resources August 2006 Pty Ltd                                                | CUSIP: 30251GAW7<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |     55000 | PA      | $54508.85     | 0.01%             | 2024-05-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XGT74<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    825500 | PA      | $768065.06    | 0.10%             | 2051-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| QATAR ENERGY                                     | Qatar Energy                                                                     | CUSIP: 000000000<br>LEI: 254900QTESJKJ3P87J26 | Long             | DBT              | CORP              | QA        |    200000 | PA      | $167282.00    | 0.02%             | 2031-07-12      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| ITALY GOV'T INT BOND                             | Republic of Italy Government International Bond                                  | CUSIP: 465410CD8<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |     50000 | PA      | $46595.50     | 0.01%             | 2024-05-06      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140M2E24<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    134969 | PA      | $111595.28    | 0.01%             | 2051-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                         | Celanese US Holdings LLC                                                         | CUSIP: 15089QAK0<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |     40000 | PA      | $33190.80     | 0.00%             | 2026-08-05      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912828ZQ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    115000 | PA      | $92431.25     | 0.01%             | 2030-05-15      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912828YQ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    600000 | PA      | $549750.00    | 0.07%             | 2026-10-31      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| State of Qatar                                   | Qatar Government International Bond                                              | CUSIP: 000000000<br>LEI: 52990074F6OJOAXK4P65 | Long             | DBT              | NUSS              | QA        |    200000 | PA      | $196558.00    | 0.03%             | 2029-03-14      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| John Deere Capital Corp                          | John Deere Capital Corp                                                          | CUSIP: 24422EUB3<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     18000 | PA      | $16930.98     | 0.00%             | 2028-01-06      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                              | Charles Schwab Corp/The                                                          | CUSIP: 808513BC8<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74315.25     | 0.01%             | 2030-03-22      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                 | Bank of Montreal                                                                 | CUSIP: 06368FAC3<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |     20000 | PA      | $17567.40     | 0.00%             | 2026-09-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| GATX Corp                                        | GATX Corp                                                                        | CUSIP: 361448AU7<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |     25000 | PA      | $21917.75     | 0.00%             | 2044-03-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| PROGRESSIVE CORP                                 | Progressive Corp/The                                                             | CUSIP: 743315AX1<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |     30000 | PA      | $24365.70     | 0.00%             | 2050-03-26      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| CHINA MENGNIU DAIRY                              | China Mengniu Dairy Co Ltd                                                       | CUSIP: 000000000<br>LEI: 2549005Q343BSJ8RSS21 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $162840.00    | 0.02%             | 2030-06-17      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                      | Equinix Inc                                                                      | CUSIP: 29444UBE5<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              |  | US        |    126000 | PA      | $110805.66    | 0.01%             | 2029-11-18      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 31418EBE9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    641279 | PA      | $576104.18    | 0.08%             | 2037-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                        | Amgen Inc                                                                        | CUSIP: 031162CR9<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    212000 | PA      | $162266.92    | 0.02%             | 2040-02-21      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| GOODMAN US FIN THREE                             | Goodman US Finance Three LLC                                                     | CUSIP: 38239JAA9<br>LEI: N/A                  | Long             | DBT              |  | US        |     45000 | PA      | $40726.80     | 0.01%             | 2028-03-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                        | Amgen Inc                                                                        | CUSIP: 031162DB3<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     25000 | PA      | $21246.25     | 0.00%             | 2028-08-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Regency Centers LP                               | Regency Centers LP                                                               | CUSIP: 75884RAW3<br>LEI: 5493008PTR2GAOYBXW28 | Long             | DBT              |  | US        |     25000 | PA      | $19668.25     | 0.00%             | 2047-02-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| CONAGRA BRANDS INC                               | Conagra Brands Inc                                                               | CUSIP: 205887CF7<br>LEI: 54930035UDEIH090K650 | Long             | DBT              | CORP              | US        |     57000 | PA      | $47540.28     | 0.01%             | 2027-11-01      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| GARTNER INC                                      | Gartner Inc                                                                      | CUSIP: 366651AG2<br>LEI: PP55B5R38BFB8O8HH686 | Long             | DBT              | CORP              | US        |     45000 | PA      | $39446.10     | 0.01%             | 2029-06-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| FORTUNE BRANDS HOME & SE                         | Fortune Brands Home & Security Inc                                               | CUSIP: 34964CAE6<br>LEI: 54930032LHW54PQUJD44 | Long             | DBT              | CORP              | US        |     62000 | PA      | $53501.66     | 0.01%             | 2029-09-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| FOX CORP                                         | Fox Corp                                                                         | CUSIP: 35137LAK1<br>LEI: 549300DDU6FDRBIELS05 | Long             | DBT              | CORP              | US        |    150000 | PA      | $134844.00    | 0.02%             | 2049-01-25      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| QUEST DIAGNOSTICS INC                            | Quest Diagnostics Inc                                                            | CUSIP: 74834LBC3<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16894.80     | 0.00%             | 2031-06-30      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| INTL FLAVOR & FRAGRANCES                         | International Flavors & Fragrances Inc                                           | CUSIP: 459506AE1<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | DBT              | CORP              | US        |     60000 | PA      | $47269.80     | 0.01%             | 2047-06-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ROSS STORES INC                                  | Ross Stores Inc                                                                  | CUSIP: 778296AB9<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29897.70     | 0.00%             | 2025-04-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| VIDEOTRON LTD                                    | Videotron Ltd                                                                    | CUSIP: 92660FAN4<br>LEI: 549300LW4GNJRBECSD81 | Long             | DBT              | CORP              | CA        |     39000 | PA      | $33184.71     | 0.00%             | 2029-06-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: —       |
| Ameriprise Financial Inc                         | Ameriprise Financial Inc                                                         | CUSIP: 03076CAH9<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | DBT              | CORP              | US        |     95000 | PA      | $88849.70     | 0.01%             | 2026-09-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| European Investment Bank                         | European Investment Bank                                                         | CUSIP: 298785HX7<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    180000 | PA      | $174101.40    | 0.02%             | 2024-06-24      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                   | Home Depot Inc/The                                                               | CUSIP: 437076CJ9<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8107.90      | 0.00%             | 2031-09-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Seagate HDD Cayman                               | Seagate HDD Cayman                                                               | CUSIP: 81180WAT8<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |     45000 | PA      | $44195.85     | 0.01%             | 2024-03-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ABU DHABI GOVT INT'L                             | Abu Dhabi Government International Bond                                          | CUSIP: 000000000<br>LEI: 213800FER4348CINTA77 | Long             | DBT              | NUSS              | AE        |    200000 | PA      | $142678.00    | 0.02%             | 2051-09-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HOWMET AEROSPACE INC                             | Howmet Aerospace Inc                                                             | CUSIP: 443201AB4<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |     56000 | PA      | $47309.36     | 0.01%             | 2029-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| John Deere Capital Corp                          | John Deere Capital Corp                                                          | CUSIP: 24422ESP5<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     45000 | PA      | $44135.55     | 0.01%             | 2024-06-12      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| KeyCorp                                          | KeyCorp                                                                          | CUSIP: 49326EEG4<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | DBT              | CORP              | US        |     85000 | PA      | $81186.05     | 0.01%             | 2028-04-30      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132CWQ80<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     55168 | PA      | $51061.23     | 0.01%             | 2035-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810SA7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1200000 | PA      | $1010625.00   | 0.13%             | 2048-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                            | Toronto-Dominion Bank/The                                                        | CUSIP: 89114QCH9<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |     55000 | PA      | $50128.65     | 0.01%             | 2025-06-12      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| TJX COS INC                                      | TJX Cos Inc/The                                                                  | CUSIP: 872540AV1<br>LEI: V167QI9I69W364E2DY52 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4201.15      | 0.00%             | 2028-05-15      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140LQPU8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1815305 | PA      | $1628997.28   | 0.21%             | 2037-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| SVB FINANCIAL GROUP                              | SVB Financial Group                                                              | CUSIP: 78486QAL5<br>LEI: 549300D2KJ20JMXE7542 | Long             | DBT              | CORP              | US        |     40000 | PA      | $34772.80     | 0.00%             | 2026-10-28      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| Dover Corp                                       | Dover Corp                                                                       | CUSIP: 260003AM0<br>LEI: 549300FMC2ALGA7N9E80 | Long             | DBT              | CORP              | US        |     77000 | PA      | $73735.20     | 0.01%             | 2025-11-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                           | Asian Development Bank                                                           | CUSIP: 045167FE8<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    147000 | PA      | $138041.82    | 0.02%             | 2024-06-11      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                             | OneMain Finance Corp                                                             | CUSIP: 85172FAR0<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     60000 | PA      | $50131.20     | 0.01%             | 2029-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| TRANE TECHNOLOGIES LUX                           | Trane Technologies Luxembourg Finance SA                                         | CUSIP: 456873AC2<br>LEI: 549300GHBOWCVY92IS29 | Long             | DBT              | CORP              | LU        |     45000 | PA      | $38916.45     | 0.01%             | 2044-11-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAG0<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    200000 | PA      | $192136.00    | 0.03%             | 2025-10-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Magna International Inc                          | Magna International Inc                                                          | CUSIP: 559222AQ7<br>LEI: 95RWVLFZX6VGDZNNTN43 | Long             | DBT              | CORP              | CA        |    205000 | PA      | $200631.45    | 0.03%             | 2024-06-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| LINCOLN NATIONAL CORP                            | Lincoln National Corp                                                            | CUSIP: 534187BJ7<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |     35000 | PA      | $29046.15     | 0.00%             | 2030-01-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                             | OneMain Finance Corp                                                             | CUSIP: 85172FAN9<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     75000 | PA      | $72690.00     | 0.01%             | 2026-03-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Triumph Group Inc                                | Triumph Group Inc                                                                | CUSIP: 896818AP6<br>LEI: 5493007L6S47Q14SL582 | Long             | DBT              | CORP              | US        |     35000 | PA      | $30311.75     | 0.00%             | 2025-08-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: —       |
| Microsoft Corp                                   | Microsoft Corp                                                                   | CUSIP: 594918BY9<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    515000 | PA      | $498262.50    | 0.07%             | 2027-02-06      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                   | Home Depot Inc/The                                                               | CUSIP: 437076BH4<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    200000 | PA      | $177394.00    | 0.02%             | 2046-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| FMC CORP                                         | FMC Corp                                                                         | CUSIP: 302491AU9<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8906.70      | 0.00%             | 2029-10-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VBE3<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     97000 | PA      | $88816.11     | 0.01%             | 2041-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| HCA INC                                          | HCA Inc                                                                          | CUSIP: 404119CB3<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |     90000 | PA      | $60597.90     | 0.01%             | 2051-07-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Stryker Corp                                     | Stryker Corp                                                                     | CUSIP: 863667AJ0<br>LEI: 5493002F0SC4JTBU5137 | Long             | DBT              | CORP              | US        |    160000 | PA      | $144990.40    | 0.02%             | 2046-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                         | Caterpillar Financial Services Corp                                              | CUSIP: 14913Q3B3<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |    110000 | PA      | $105033.50    | 0.01%             | 2024-11-08      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| NEDER WATERSCHAPSBANK                            | Nederlandse Waterschapsbank NV                                                   | CUSIP: 63983TBU8<br>LEI: JLP5FSPH9WPSHY3NIM24 | Long             | DBT              | NUSS              | NL        |     45000 | PA      | $36349.65     | 0.00%             | 2030-05-28      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KMXX8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1765101 | PA      | $1511039.95   | 0.20%             | 2051-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                     | Broadcom Inc                                                                     | CUSIP: 11135FAS0<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    205000 | PA      | $182138.40    | 0.02%             | 2032-11-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| LABORATORY CORP OF AMER                          | Laboratory Corp of America Holdings                                              | CUSIP: 50540RAX0<br>LEI: OZ7UA8IXAIFILY2VZH07 | Long             | DBT              | CORP              | US        |     25000 | PA      | $22170.00     | 0.00%             | 2026-06-01      | Fixed         | 1.55%                 | No            |                  2 | On Loan: No      |
| Bank of Montreal                                 | Bank of Montreal                                                                 | CUSIP: 06368BGS1<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    165000 | PA      | $145752.75    | 0.02%             | 2032-12-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| CORPORACION INMOBILIARIA                         | Corp Inmobiliaria Vesta SAB de CV                                                | CUSIP: 000000000<br>LEI: 4469000001BIRIFZJ959 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $153066.00    | 0.02%             | 2031-05-13      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| BALL CORP                                        | Ball Corp                                                                        | CUSIP: 058498AW6<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |    105000 | PA      | $85296.75     | 0.01%             | 2030-08-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CBE0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1500000 | PA      | $1425878.91   | 0.19%             | 2024-01-15      | Fixed         | 0.13%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                   | Microsoft Corp                                                                   | CUSIP: 594918BX1<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |     40000 | PA      | $39285.20     | 0.01%             | 2024-02-06      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| CME Group Inc                                    | CME Group Inc                                                                    | CUSIP: 12572QAH8<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | DBT              | CORP              | US        |     15000 | PA      | $13540.95     | 0.00%             | 2048-06-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: —       |
| AIA GROUP LTD                                    | AIA Group Ltd                                                                    | CUSIP: 00131L2B0<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | DBT              | CORP              | HK        |     15000 | PA      | $13658.40     | 0.00%             | 2044-03-11      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QMVC5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    106945 | PA      | $91524.20     | 0.01%             | 2051-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PROVINCE OF QUEBEC                               | Province of Quebec Canada                                                        | CUSIP: 748148RZ8<br>LEI: 549300WN65YFEQH74Y36 | Long             | DBT              | NUSS              | CA        |    217000 | PA      | $204134.07    | 0.03%             | 2025-02-11      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Thomson Reuters Corp                             | Thomson Reuters Corp                                                             | CUSIP: 884903BV6<br>LEI: 549300561UZND4C7B569 | Long             | DBT              | CORP              | CA        |     71000 | PA      | $67538.75     | 0.01%             | 2026-05-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| ADOBE INC                                        | Adobe Inc                                                                        | CUSIP: 00724PAB5<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | DBT              | CORP              | US        |     75000 | PA      | $71221.50     | 0.01%             | 2025-02-01      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| QATAR ENERGY                                     | Qatar Energy                                                                     | CUSIP: 000000000<br>LEI: 254900QTESJKJ3P87J26 | Long             | DBT              | CORP              | QA        |    200000 | PA      | $152206.00    | 0.02%             | 2041-07-12      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| BNG BANK NV                                      | BNG Bank NV                                                                      | CUSIP: 05591F2F6<br>LEI: 529900GGYMNGRQTDOO93 | Long             | DBT              | NUSS              | NL        |     55000 | PA      | $51991.50     | 0.01%             | 2024-10-16      | Fixed         | 1.50%                 | No            |                  2 | On Loan: —       |
| ESTEE LAUDER CO INC                              | Estee Lauder Cos Inc/The                                                         | CUSIP: 29736RAG5<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | DBT              | CORP              | US        |     30000 | PA      | $26674.20     | 0.00%             | 2045-06-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Sealed Air Corp                                  | Sealed Air Corp                                                                  | CUSIP: 81211KAW0<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29942.40     | 0.00%             | 2024-12-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                      | BNP Paribas SA                                                                   | CUSIP: 05565AAR4<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $191976.00    | 0.03%             | 2026-05-12      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| AIA GROUP LTD                                    | AIA Group Ltd                                                                    | CUSIP: 00131LAJ4<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | DBT              | CORP              | HK        |     15000 | PA      | $13381.65     | 0.00%             | 2030-04-07      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 9128284R8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    600000 | PA      | $581156.25    | 0.08%             | 2025-05-31      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| KIMCO REALTY CORP                                | Kimco Realty Corp                                                                | CUSIP: 49446RAX7<br>LEI: 549300EA7I6T15IBYS12 | Long             | DBT              |  | US        |     20000 | PA      | $16818.80     | 0.00%             | 2028-03-01      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| CENTURY COMMUNITIES                              | Century Communities Inc                                                          | CUSIP: 156504AM4<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | DBT              | CORP              | US        |     40000 | PA      | $32278.00     | 0.00%             | 2029-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| WILLIS NORTH AMERICA INC                         | Willis North America Inc                                                         | CUSIP: 970648AK7<br>LEI: 5493004KVU1HWZCP0C66 | Long             | DBT              | CORP              | US        |     34000 | PA      | $24561.26     | 0.00%             | 2049-09-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| NIPPON LIFE INSURANCE                            | Nippon Life Insurance Co                                                         | CUSIP: 654579AH4<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |     60000 | PA      | $46195.20     | 0.01%             | 2051-01-21      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| BOOZ ALLEN HAMILTON INC                          | Booz Allen Hamilton Inc                                                          | CUSIP: 09951LAA1<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |     55000 | PA      | $49564.90     | 0.01%             | 2028-09-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BAXTER INTERNATIONAL INC                         | Baxter International Inc                                                         | CUSIP: 071813CL1<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |    200000 | PA      | $178232.00    | 0.02%             | 2027-02-01      | Fixed         | 1.92%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912828ZT0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1250000 | PA      | $1134082.04   | 0.15%             | 2025-05-31      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| DANA INC                                         | Dana Inc                                                                         | CUSIP: 235825AG1<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27597.90     | 0.00%             | 2028-06-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MJ3F5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     39693 | PA      | $38205.29     | 0.00%             | 2048-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KEYCORP                                          | KeyCorp                                                                          | CUSIP: 49326EEL3<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9800.50      | 0.00%             | 2025-05-23      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140KQJQ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    751913 | PA      | $646718.99    | 0.08%             | 2050-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BEST BUY CO INC                                  | Best Buy Co Inc                                                                  | CUSIP: 08652BAB5<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | DBT              | CORP              | US        |    104000 | PA      | $82310.80     | 0.01%             | 2030-10-01      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| American Tower Corp                              | American Tower Corp                                                              | CUSIP: 03027XAU4<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     61000 | PA      | $56560.42     | 0.01%             | 2029-03-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| EURO STABILITY MECHANISM                         | European Stability Mechanism                                                     | CUSIP: 29881WAC6<br>LEI: 222100W4EEAQ77386N50 | Long             | DBT              | NUSS              | XX        |     45000 | PA      | $42599.70     | 0.01%             | 2024-09-11      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| NASDAQ INC                                       | Nasdaq Inc                                                                       | CUSIP: 63111XAD3<br>LEI: 549300L8X1Q78ERXFD06 | Long             | DBT              | CORP              | US        |    100000 | PA      | $77315.00     | 0.01%             | 2031-01-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                           | Asian Development Bank                                                           | CUSIP: 045167EQ2<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    291000 | PA      | $275574.09    | 0.04%             | 2024-10-18      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                   | Microsoft Corp                                                                   | CUSIP: 594918BB9<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |     60000 | PA      | $58147.80     | 0.01%             | 2025-02-12      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XCPY8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    239332 | PA      | $215009.68    | 0.03%             | 2036-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Telefonica Emisiones SAU                         | Telefonica Emisiones SA                                                          | CUSIP: 87938WAU7<br>LEI: 549300Y5MFC4SW5Z3K71 | Long             | DBT              | CORP              | ES        |    205000 | PA      | $166708.05    | 0.02%             | 2047-03-08      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                              | Global Payments Inc                                                              | CUSIP: 37940XAR3<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |     60000 | PA      | $54918.60     | 0.01%             | 2052-08-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Asian Development Bank                           | Asian Development Bank                                                           | CUSIP: 045167EC3<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    115000 | PA      | $107163.90    | 0.01%             | 2027-08-10      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| CDW LLC/CDW FINANCE                              | CDW LLC / CDW Finance Corp                                                       | CUSIP: 12513GBJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     10000 | PA      | $8252.40      | 0.00%             | 2031-12-01      | Fixed         | 3.57%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                              | Travel + Leisure Co                                                              | CUSIP: 98310WAP3<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24704.00     | 0.00%             | 2024-04-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                        | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F0226C4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2083000 | PA      | $1781778.68   | 0.23%             | 2052-12-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BLDG SOCIETY                          | Nationwide Building Society                                                      | CUSIP: 63859UBF9<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |     88000 | PA      | $77894.08     | 0.01%             | 2025-08-28      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC SERVICES INC                            | Republic Services Inc                                                            | CUSIP: 760759AV2<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |     59000 | PA      | $50121.68     | 0.01%             | 2030-03-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| TEMASEK FINANCIAL I LTD                          | Temasek Financial I Ltd                                                          | CUSIP: 87973PAD6<br>LEI: 549300XMGMDF3VRJMF12 | Long             | DBT              | CORP              | SG        |    250000 | PA      | $212032.50    | 0.03%             | 2042-07-23      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| AVALONBAY COMMUNITIES                            | AvalonBay Communities Inc                                                        | CUSIP: 05348EBA6<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | DBT              |  | US        |     50000 | PA      | $46636.00     | 0.01%             | 2027-05-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC                              | Sirius XM Radio Inc                                                              | CUSIP: 82967NBC1<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |     95000 | PA      | $88563.75     | 0.01%             | 2029-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                        | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F0506C5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2325000 | PA      | $2313375.00   | 0.30%             | 2052-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ONTARIO (PROVINCE OF)                            | Province of Ontario Canada                                                       | CUSIP: 683234AR9<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |     85000 | PA      | $67797.70     | 0.01%             | 2030-10-07      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VGB4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    349000 | PA      | $258807.93    | 0.03%             | 2051-03-22      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                          | BPCE SA                                                                          | CUSIP: 05583JAG7<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    360000 | PA      | $334605.60    | 0.04%             | 2025-01-14      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| INGERSOLL-RAND GL HLD CO                         | Trane Technologies Global Holding Co Ltd                                         | CUSIP: 45687AAN2<br>LEI: 549300UCF0D858BIOV83 | Long             | DBT              | CORP              | US        |     17000 | PA      | $13399.74     | 0.00%             | 2048-02-21      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Republic of Colombia                             | Colombia Government International Bond                                           | CUSIP: 195325DL6<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    200000 | PA      | $175570.00    | 0.02%             | 2027-04-25      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Ferguson Finance PLC                             | Ferguson Finance PLC                                                             | CUSIP: 314890AA2<br>LEI: 2138003A7ZEU931DZL61 | Long             | DBT              | CORP              | GB        |     45000 | PA      | $42517.35     | 0.01%             | 2028-10-24      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS                         | Discovery Communications LLC                                                     | CUSIP: 25470DAD1<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |     44000 | PA      | $40853.12     | 0.01%             | 2040-06-01      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912828XX3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    720000 | PA      | $692071.88    | 0.09%             | 2024-06-30      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Caterpillar Inc                                  | Caterpillar Inc                                                                  | CUSIP: 149123BS9<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |     50000 | PA      | $51843.00     | 0.01%             | 2041-05-27      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| JPN BANK FOR INT'L COOP                          | Japan Bank for International Cooperation                                         | CUSIP: 471048BY3<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |     11000 | PA      | $10644.81     | 0.00%             | 2024-05-23      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Nutrien Ltd                                      | Nutrien Ltd                                                                      | CUSIP: 67077MAE8<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |     20000 | PA      | $19230.60     | 0.00%             | 2026-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ANGLO AMERICAN CAPITAL                           | Anglo American Capital PLC                                                       | CUSIP: 034863AR1<br>LEI: TINT358G1SSHR3L3PW36 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $192866.00    | 0.03%             | 2027-04-10      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                               | Credit Agricole SA                                                               | CUSIP: 225313AN5<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |     65000 | PA      | $40270.10     | 0.01%             | 2041-01-11      | Fixed         | 2.81%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                              | American Tower Corp                                                              | CUSIP: 03027XBL3<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     30000 | PA      | $26645.70     | 0.00%             | 2026-04-15      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 31418ECT5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    137925 | PA      | $120589.07    | 0.02%             | 2037-04-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| PERRIGO FINANCE UNLIMITE                         | Perrigo Finance Unlimited Co                                                     | CUSIP: 71429MAB1<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | IE        |     50000 | PA      | $46501.00     | 0.01%             | 2026-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Quest Diagnostics Inc                            | Quest Diagnostics Inc                                                            | CUSIP: 74834LBA7<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48100.00     | 0.01%             | 2029-06-30      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| TRONOX INC                                       | Tronox Inc                                                                       | CUSIP: 897051AC2<br>LEI: 549300EPZ4YXC7E5P181 | Long             | DBT              | CORP              | US        |     85000 | PA      | $68596.70     | 0.01%             | 2029-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                          | International Bank for Reconstruction & Development                              | CUSIP: 459058GQ0<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    537000 | PA      | $522817.83    | 0.07%             | 2024-03-19      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| IND & COMM BK OF CHINA                           | Industrial & Commercial Bank of China Ltd                                        | CUSIP: 000000000<br>LEI: 5493002ERZU2K9PZDL40 | Long             | DBT              | CORP              | CN        |    200000 | PA      | $197810.00    | 0.03%             | 2025-09-21      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| K HOVNANIAN ENTERPRISES                          | K Hovnanian Enterprises Inc                                                      | CUSIP: 48251UAF5<br>LEI: 549300JJCQ0KAI7CJG32 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20172.20     | 0.00%             | 2026-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: —       |
| AIR LIQUIDE FINANCE                              | Air Liquide Finance SA                                                           | CUSIP: 00913RAE6<br>LEI: 549300YGXL5Z3R14K812 | Long             | DBT              | CORP              | FR        |     15000 | PA      | $11807.55     | 0.00%             | 2046-09-27      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ABU DHABI GOVT INT'L                             | Abu Dhabi Government International Bond                                          | CUSIP: 000000000<br>LEI: 213800FER4348CINTA77 | Long             | DBT              | NUSS              | AE        |    200000 | PA      | $180426.00    | 0.02%             | 2029-09-30      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                              | Elevance Health Inc                                                              | CUSIP: 036752AT0<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14150.40     | 0.00%             | 2032-05-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                   | Morgan Stanley                                                                   | CUSIP: 61747YEA9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    130000 | PA      | $120402.10    | 0.02%             | 2025-05-30      | Fixed         | 0.79%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822BY9<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |     20000 | PA      | $17403.40     | 0.00%             | 2027-07-20      | Fixed         | 1.54%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                   | Morgan Stanley                                                                   | CUSIP: 61747YEH4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    290000 | PA      | $230654.40    | 0.03%             | 2032-10-20      | Fixed         | 2.51%                 | No            |                  2 | On Loan: No      |
| DANA FINANCING LUX SARL                          | Dana Financing Luxembourg Sarl                                                   | CUSIP: 235822AB9<br>LEI: 222100DKCE3D036DQU13 | Long             | DBT              | CORP              | LU        |     25000 | PA      | $24471.00     | 0.00%             | 2025-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Parker-Hannifin Corp                             | Parker-Hannifin Corp                                                             | CUSIP: 70109HAM7<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |     86000 | PA      | $79044.32     | 0.01%             | 2034-11-21      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912828ZB9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    700000 | PA      | $624750.00    | 0.08%             | 2027-02-28      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CCJ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6300000 | PA      | $5647851.59   | 0.74%             | 2026-06-30      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                      | BNP Paribas SA                                                                   | CUSIP: 09659W2N3<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    225000 | PA      | $196330.50    | 0.03%             | 2027-01-13      | Fixed         | 1.32%                 | No            |                  2 | On Loan: No      |
| Valmont Industries Inc                           | Valmont Industries Inc                                                           | CUSIP: 920253AF8<br>LEI: 5493009ZGZJJ8F77JN08 | Long             | DBT              | CORP              | US        |     42000 | PA      | $36867.18     | 0.00%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FED CAISSES DESJARDINS                           | Federation des Caisses Desjardins du Quebec                                      | CUSIP: 31429KAD5<br>LEI: 549300B2Q47IR0CR5B54 | Long             | DBT              | CORP              | CA        |    240000 | PA      | $223545.60    | 0.03%             | 2025-02-10      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                     | Broadcom Inc                                                                     | CUSIP: 11135FBH3<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    415000 | PA      | $328314.80    | 0.04%             | 2031-02-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| PROGRESSIVE CORP                                 | Progressive Corp/The                                                             | CUSIP: 743315AS2<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |     62000 | PA      | $52674.58     | 0.01%             | 2047-04-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DWBP7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1010092 | PA      | $832983.60    | 0.11%             | 2051-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| COINBASE GLOBAL INC                              | Coinbase Global Inc                                                              | CUSIP: 19260QAC1<br>LEI: 5493004G3J2SC154DU06 | Long             | DBT              | CORP              | US        |     60000 | PA      | $34708.20     | 0.00%             | 2028-10-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: —       |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 31418D5B4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     69448 | PA      | $60765.11     | 0.01%             | 2036-10-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| OEKB OEST. KONTROLLBANK                          | Oesterreichische Kontrollbank AG                                                 | CUSIP: 676167CD9<br>LEI: 5299000OVRLMF858L016 | Long             | DBT              | CORP              | AT        |    125000 | PA      | $116446.25    | 0.02%             | 2024-09-16      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912828Z78<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2000000 | PA      | $1815156.26   | 0.24%             | 2027-01-31      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| NVIDIA CORP                                      | NVIDIA Corp                                                                      | CUSIP: 67066GAJ3<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | DBT              | CORP              | US        |     42000 | PA      | $32062.80     | 0.00%             | 2060-04-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE INC                                    | CommScope Inc                                                                    | CUSIP: 203372AV9<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |     60000 | PA      | $46500.00     | 0.01%             | 2028-07-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: —       |
| Bank of Montreal                                 | Bank of Montreal                                                                 | CUSIP: 06367WHH9<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    165000 | PA      | $162056.40    | 0.02%             | 2024-02-05      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING                            | Alibaba Group Holding Ltd                                                        | CUSIP: 01609WAQ5<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |    300000 | PA      | $289545.00    | 0.04%             | 2024-11-28      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CFE6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1130000 | PA      | $1100778.91   | 0.14%             | 2025-08-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                   | Home Depot Inc/The                                                               | CUSIP: 437076BK7<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     95000 | PA      | $92375.15     | 0.01%             | 2025-09-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810ST6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1480000 | PA      | $981425.00    | 0.13%             | 2040-11-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| HP INC                                           | HP Inc                                                                           | CUSIP: 40434LAB1<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | DBT              | CORP              | US        |     70000 | PA      | $64150.10     | 0.01%             | 2027-06-17      | Fixed         | 3.00%                 | No            |                  2 | On Loan: —       |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KNLD3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1447864 | PA      | $1190600.49   | 0.16%             | 2052-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| PENTAIR FINANCE SARL                             | Pentair Finance Sarl                                                             | CUSIP: 709629AR0<br>LEI: 549300H2U8U8TZPV3T89 | Long             | DBT              | CORP              | LU        |     40000 | PA      | $36689.60     | 0.00%             | 2029-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL FINANCIAL GRP                          | Principal Financial Group Inc                                                    | CUSIP: 74251VAA0<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | DBT              | CORP              | US        |     51000 | PA      | $53329.68     | 0.01%             | 2036-10-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                     | UBS Group AG                                                                     | CUSIP: 902613AA6<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    330000 | PA      | $281341.50    | 0.04%             | 2030-08-13      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| STEEL DYNAMICS INC                               | Steel Dynamics Inc                                                               | CUSIP: 858119BL3<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | DBT              | CORP              | US        |     97000 | PA      | $91102.40     | 0.01%             | 2025-06-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| THERMO FISHER SCIENTIFIC                         | Thermo Fisher Scientific Inc                                                     | CUSIP: 883556BG6<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |     40000 | PA      | $41027.20     | 0.01%             | 2044-02-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| EURO STABILITY MECHANISM                         | European Stability Mechanism                                                     | CUSIP: 29881WAD4<br>LEI: 222100W4EEAQ77386N50 | Long             | DBT              | NUSS              | XX        |    215000 | PA      | $193328.00    | 0.03%             | 2025-09-10      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| State Street Corp                                | State Street Corp                                                                | CUSIP: 857477BD4<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    115000 | PA      | $109553.60    | 0.01%             | 2029-12-03      | Fixed         | 4.14%                 | No            |                  2 | On Loan: No      |
| Verizon Master Trust                             | Verizon Master Trust                                                             | CUSIP: 92348KAA1<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $93243.13     | 0.01%             | 2027-05-20      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| ITC Holdings Corp                                | ITC Holdings Corp                                                                | CUSIP: 465685AK1<br>LEI: 549300HTO5U9D3SLE207 | Long             | DBT              | CORP              | US        |     65000 | PA      | $60958.30     | 0.01%             | 2026-06-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| AEP TEXAS INC                                    | AEP Texas Inc                                                                    | CUSIP: 00108WAP5<br>LEI: 5493001L78U618KXNZ75 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96055.00     | 0.01%             | 2032-05-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Visa Inc                                         | Visa Inc                                                                         | CUSIP: 92826CAE2<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |    105000 | PA      | $101168.55    | 0.01%             | 2035-12-14      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                              | Moody's Corp                                                                     | CUSIP: 615369AW5<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |    140000 | PA      | $111727.00    | 0.01%             | 2031-08-19      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| LAMB WESTON HLD                                  | Lamb Weston Holdings Inc                                                         | CUSIP: 513272AE4<br>LEI: 5493005SMYID1D2OY946 | Long             | DBT              | CORP              | US        |     50000 | PA      | $44262.00     | 0.01%             | 2032-01-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XASY9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    245091 | PA      | $202439.90    | 0.03%             | 2051-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC                           | Lumen Technologies Inc                                                           | CUSIP: 156700AM8<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |     40000 | PA      | $27847.60     | 0.00%             | 2039-09-15      | Fixed         | 7.60%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                          | Inter-American Development Bank                                                  | CUSIP: 4581X0CY2<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |     10000 | PA      | $9331.70      | 0.00%             | 2027-07-07      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa                         | Republic of South Africa Government International Bond                           | CUSIP: 836205AX2<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    200000 | PA      | $152736.00    | 0.02%             | 2047-09-27      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                   | Morgan Stanley                                                                   | CUSIP: 6174468X0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    250000 | PA      | $191577.50    | 0.03%             | 2032-04-28      | Fixed         | 1.93%                 | No            |                  2 | On Loan: No      |
| TIMKEN CO                                        | Timken Co/The                                                                    | CUSIP: 887389AJ3<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | DBT              | CORP              | US        |     23000 | PA      | $22471.23     | 0.00%             | 2024-09-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Zoetis Inc                                       | Zoetis Inc                                                                       | CUSIP: 98978VAK9<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |     85000 | PA      | $84519.75     | 0.01%             | 2025-11-13      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| American Tower Corp                              | American Tower Corp                                                              | CUSIP: 03027XAP5<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     69000 | PA      | $64179.66     | 0.01%             | 2027-07-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| QBE Insurance Group Ltd                          | QBE Insurance Group Ltd                                                          | CUSIP: 74737EAA2<br>LEI: 549300D2FBW76FPUSG65 | Long             | DBT              | CORP              | AU        |    200000 | PA      | $199136.00    | 0.03%             | 2043-11-24      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| S&P GLOBAL INC                                   | S&P Global Inc                                                                   | CUSIP: 78409VBE3<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8061.70      | 0.00%             | 2062-03-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Prologis LP                                      | Prologis LP                                                                      | CUSIP: 74340XBJ9<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              | CORP              | US        |     35000 | PA      | $30404.15     | 0.00%             | 2048-09-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 31329QGU9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     90594 | PA      | $89801.77     | 0.01%             | 2049-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                      | Equinix Inc                                                                      | CUSIP: 29444UBK1<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              |  | US        |     35000 | PA      | $31246.60     | 0.00%             | 2025-09-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| NATIONSTAR MTG HLD INC                           | Nationstar Mortgage Holdings Inc                                                 | CUSIP: 63861CAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     52000 | PA      | $41116.40     | 0.01%             | 2030-12-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Seagate HDD Cayman                               | Seagate HDD Cayman                                                               | CUSIP: 81180WAN1<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |     40000 | PA      | $33486.00     | 0.00%             | 2034-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| LPL HOLDINGS INC                                 | LPL Holdings Inc                                                                 | CUSIP: 50212YAC8<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27715.20     | 0.00%             | 2027-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                   | Home Depot Inc/The                                                               | CUSIP: 437076CG5<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     80000 | PA      | $50196.80     | 0.01%             | 2051-03-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Kraft Heinz Foods Co                             | Kraft Heinz Foods Co                                                             | CUSIP: 50077LAL0<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73656.75     | 0.01%             | 2035-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                          | Oncor Electric Delivery Co LLC                                                   | CUSIP: 68233JAH7<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24962.00     | 0.00%             | 2040-09-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae                                                                       | CUSIP: 21H0426C8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    704000 | PA      | $689507.50    | 0.09%             | 2052-12-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Province of Quebec                               | Province of Quebec Canada                                                        | CUSIP: 748149AQ4<br>LEI: 549300WN65YFEQH74Y36 | Long             | DBT              | NUSS              | CA        |     15000 | PA      | $14572.95     | 0.00%             | 2024-04-09      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Nutrien Ltd                                      | Nutrien Ltd                                                                      | CUSIP: 67077MAN8<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |     60000 | PA      | $52601.40     | 0.01%             | 2035-03-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                               | Realty Income Corp                                                               | CUSIP: 756109BG8<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |     30000 | PA      | $28777.50     | 0.00%             | 2027-08-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| PSP CAPITAL INC                                  | PSP Capital Inc                                                                  | CUSIP: 69376P2A2<br>LEI: 549300B456N0WEIC5249 | Long             | DBT              | NUSS              | CA        |     60000 | PA      | $55767.60     | 0.01%             | 2024-09-15      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| BMW US Capital LLC                               | BMW US Capital LLC                                                               | CUSIP: 05565EBE4<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |    125000 | PA      | $119068.75    | 0.02%             | 2028-08-14      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| MANITOBA (PROVINCE OF)                           | Province of Manitoba Canada                                                      | CUSIP: 563469UD5<br>LEI: 5493003QILFOB3JRKE30 | Long             | DBT              | NUSS              | CA        |     57000 | PA      | $55722.06     | 0.01%             | 2024-05-14      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| GYP HOLDINGS III CORP                            | GYP Holdings III Corp                                                            | CUSIP: 36261NAA5<br>LEI: 549300055I1KJWZH9690 | Long             | DBT              | CORP              | US        |     30000 | PA      | $24388.50     | 0.00%             | 2029-05-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| SES GLOBAL AMERICAS HLDG                         | SES GLOBAL Americas Holdings Inc                                                 | CUSIP: 78413KAB8<br>LEI: 5299000YGN3VJ3R60481 | Long             | DBT              | CORP              | US        |     38000 | PA      | $29632.40     | 0.00%             | 2044-03-25      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| CHUBB INA HOLDINGS INC                           | Chubb INA Holdings Inc                                                           | CUSIP: 171239AJ5<br>LEI: CZCBJZWDMLTHWJDXU843 | Long             | DBT              | CORP              | US        |    170000 | PA      | $113339.00    | 0.01%             | 2061-12-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| WILLIAMS SCOTSMAN INTL                           | Williams Scotsman International Inc                                              | CUSIP: 96950GAE2<br>LEI: 549300V3TCHCBOBTGH07 | Long             | DBT              | CORP              | US        |     50000 | PA      | $45448.00     | 0.01%             | 2028-08-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Invesco Finance PLC                              | Invesco Finance PLC                                                              | CUSIP: 46132FAB6<br>LEI: 549300OYQ3LAJYXXO449 | Long             | DBT              | CORP              | GB        |    139000 | PA      | $137422.35    | 0.02%             | 2024-01-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Republic of Finland                              | Finland Government International Bond                                            | CUSIP: 317873AY3<br>LEI: 743700M6Y2OQRVSBRD14 | Long             | DBT              | NUSS              | FI        |     95000 | PA      | $101888.45    | 0.01%             | 2026-02-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                               | VICI Properties LP                                                               | CUSIP: 925650AA1<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              |  | US        |     30000 | PA      | $28875.30     | 0.00%             | 2025-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ONTARIO (PROVINCE OF)                            | Province of Ontario Canada                                                       | CUSIP: 683234AS7<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |    106000 | PA      | $94406.78     | 0.01%             | 2026-01-21      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FIN SVCS INC                            | PennyMac Financial Services Inc                                                  | CUSIP: 70932MAC1<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |     40000 | PA      | $32022.40     | 0.00%             | 2031-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                           | Asian Development Bank                                                           | CUSIP: 045167EP4<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    285000 | PA      | $248454.45    | 0.03%             | 2029-09-19      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140M2RB0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     68902 | PA      | $61900.24     | 0.01%             | 2036-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| TRINSEO OP / TRINSEO FIN                         | Trinseo Materials Operating SCA / Trinseo Materials Finance Inc                  | CUSIP: 89668QAE8<br>LEI: 222100SZ6J5ZF05ZTR58 | Long             | DBT              | CORP              | LU        |     45000 | PA      | $36359.10     | 0.00%             | 2025-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| MICRON TECHNOLOGY INC                            | Micron Technology Inc                                                            | CUSIP: 595112BT9<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |     40000 | PA      | $27880.00     | 0.00%             | 2041-11-01      | Fixed         | 3.37%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                   | Morgan Stanley                                                                   | CUSIP: 617482V92<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    162000 | PA      | $178841.52    | 0.02%             | 2042-07-24      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Target Corp                                      | Target Corp                                                                      | CUSIP: 87612EBE5<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14139.45     | 0.00%             | 2026-04-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| THERMO FISHER SCIENTIFIC                         | Thermo Fisher Scientific Inc                                                     | CUSIP: 883556CM2<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |     35000 | PA      | $26397.00     | 0.00%             | 2041-10-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Boston Properties LP                             | Boston Properties LP                                                             | CUSIP: 10112RAW4<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              |  | US        |     62000 | PA      | $60812.70     | 0.01%             | 2024-02-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| ITALY GOV'T INT BOND                             | Republic of Italy Government International Bond                                  | CUSIP: 465410CC0<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |    105000 | PA      | $71914.50     | 0.01%             | 2051-05-06      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| TASEKO MINES LTD                                 | Taseko Mines Ltd                                                                 | CUSIP: 876511AF3<br>LEI: 549300XKUO1JSLU7KX54 | Long             | DBT              | CORP              | CA        |     25000 | PA      | $21275.50     | 0.00%             | 2026-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ABU DHABI GOVT INT'L                             | Abu Dhabi Government International Bond                                          | CUSIP: 000000000<br>LEI: 213800FER4348CINTA77 | Long             | DBT              | NUSS              | AE        |    200000 | PA      | $176804.00    | 0.02%             | 2028-06-02      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QHPV1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     39696 | PA      | $35661.45     | 0.00%             | 2036-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| JPN BANK FOR INT'L COOP                          | Japan Bank for International Cooperation                                         | CUSIP: 471048AR9<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |    200000 | PA      | $189512.00    | 0.02%             | 2026-01-21      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| ZIPRECRUITER INC                                 | ZipRecruiter Inc                                                                 | CUSIP: 98980BAA1<br>LEI: 549300HLOVNNFCY2IV80 | Long             | DBT              | CORP              | US        |     50000 | PA      | $40861.00     | 0.01%             | 2030-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VCK8<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    199000 | PA      | $181324.82    | 0.02%             | 2046-08-21      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENER HOUSTON                         | CenterPoint Energy Houston Electric LLC                                          | CUSIP: 15189XAU2<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |     45000 | PA      | $30734.10     | 0.00%             | 2050-07-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                          | BPCE SA                                                                          | CUSIP: 05583JAH5<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    165000 | PA      | $145251.15    | 0.02%             | 2026-10-06      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                   | Fannie Mae-Aces                                                                  | CUSIP: 3136BGFQ9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    250000 | PA      | $201962.73    | 0.03%             | 2031-07-25      | Variable      | 1.71%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                              | Sherwin-Williams Co/The                                                          | CUSIP: 824348AR7<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9633.70      | 0.00%             | 2025-08-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                         | Clear Channel Outdoor Holdings Inc                                               | CUSIP: 18453HAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $56271.00     | 0.01%             | 2028-04-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: —       |
| HOME DEPOT INC                                   | Home Depot Inc/The                                                               | CUSIP: 437076BP6<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     45000 | PA      | $34314.75     | 0.00%             | 2056-09-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661DW4<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     60000 | PA      | $56566.20     | 0.01%             | 2050-04-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                        | Amgen Inc                                                                        | CUSIP: 031162AW0<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     85000 | PA      | $93205.90     | 0.01%             | 2037-06-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                                     | ING Groep NV                                                                     | CUSIP: 456837AW3<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |     95000 | PA      | $75605.75     | 0.01%             | 2032-04-01      | Fixed         | 2.73%                 | No            |                  2 | On Loan: No      |
| COMPASS MINERALS INTERNA                         | Compass Minerals International Inc                                               | CUSIP: 20451NAG6<br>LEI: 2549008X9G8XP7YJGC47 | Long             | DBT              | CORP              | US        |     45000 | PA      | $42421.95     | 0.01%             | 2027-12-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Trimble Inc                                      | Trimble Inc                                                                      | CUSIP: 896239AC4<br>LEI: 549300E2MI7NSZFQWS19 | Long             | DBT              | CORP              | US        |     72000 | PA      | $69924.96     | 0.01%             | 2028-06-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CCB5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3400000 | PA      | $2908593.75   | 0.38%             | 2031-05-15      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                   | Morgan Stanley                                                                   | CUSIP: 61744YAP3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    185000 | PA      | $170725.40    | 0.02%             | 2029-01-24      | Fixed         | 3.77%                 | No            |                  2 | On Loan: No      |
| JUNIPER NETWORKS INC                             | Juniper Networks Inc                                                             | CUSIP: 48203RAM6<br>LEI: AUHIXNGG7U2U7JEHM527 | Long             | DBT              | CORP              | US        |     45000 | PA      | $40159.80     | 0.01%             | 2029-08-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| PAYPAL HOLDINGS INC                              | PayPal Holdings Inc                                                              | CUSIP: 70450YAD5<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |     95000 | PA      | $88390.85     | 0.01%             | 2026-10-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Danaher Corp                                     | Danaher Corp                                                                     | CUSIP: 235851AQ5<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14563.20     | 0.00%             | 2025-09-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| HCA INC                                          | HCA Inc                                                                          | CUSIP: 404119BZ1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    130000 | PA      | $114164.70    | 0.01%             | 2049-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LENNOX INTERNATIONAL INC                         | Lennox International Inc                                                         | CUSIP: 526107AF4<br>LEI: S7DWAC87RDMPBF77GJ92 | Long             | DBT              | CORP              | US        |     62000 | PA      | $53217.70     | 0.01%             | 2027-08-01      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| NVIDIA Corp                                      | NVIDIA Corp                                                                      | CUSIP: 67066GAE4<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | DBT              | CORP              | US        |     71000 | PA      | $68272.18     | 0.01%             | 2026-09-16      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| AVNET INC                                        | Avnet Inc                                                                        | CUSIP: 053807AU7<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | DBT              | CORP              | US        |     90000 | PA      | $70091.10     | 0.01%             | 2031-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DBS Group Holdings Ltd                           | DBS Group Holdings Ltd                                                           | CUSIP: 24023MAA2<br>LEI: 5493007FKT78NKPM5V55 | Long             | DBT              | CORP              | SG        |    300000 | PA      | $295806.00    | 0.04%             | 2028-12-11      | Fixed         | 4.52%                 | No            |                  2 | On Loan: No      |
| GRAPHIC PACKAGING INTERN                         | Graphic Packaging International LLC                                              | CUSIP: 38869PAP9<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |    140000 | PA      | $122410.40    | 0.02%             | 2026-04-15      | Fixed         | 1.51%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                     | Broadcom Inc                                                                     | CUSIP: 11135FBD2<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14373.45     | 0.00%             | 2030-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                          | International Bank for Reconstruction & Development                              | CUSIP: 45905URL0<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |     10000 | PA      | $9552.40      | 0.00%             | 2025-03-03      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| SCENTRE GROUP TRUST 2                            | Scentre Group Trust 2                                                            | CUSIP: 76025LAB0<br>LEI: 549300VRF0U0JH8TBJ74 | Long             | DBT              |  | AU        |     25000 | PA      | $20334.50     | 0.00%             | 2080-09-24      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| ZOETIS INC                                       | Zoetis Inc                                                                       | CUSIP: 98978VAS2<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |     55000 | PA      | $45156.10     | 0.01%             | 2030-05-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| D.R. HORTON INC                                  | DR Horton Inc                                                                    | CUSIP: 23331ABP3<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4181.40      | 0.00%             | 2027-10-15      | Fixed         | 1.40%                 | No            |                  2 | On Loan: —       |
| Trinity Acquisition PLC                          | Trinity Acquisition PLC                                                          | CUSIP: 89641UAC5<br>LEI: 549300FJZWZN6MJNGB63 | Long             | DBT              | CORP              | GB        |     70000 | PA      | $68477.50     | 0.01%             | 2026-03-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| GAP INC/THE                                      | Gap Inc/The                                                                      | CUSIP: 364760AP3<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | DBT              | CORP              | US        |     50000 | PA      | $38382.00     | 0.01%             | 2029-10-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Gol Finance SA                                   | Gol Finance SA                                                                   | CUSIP: 000000000<br>LEI: 5299007RH8MA67ZC6J07 | Long             | DBT              | CORP              | LU        |     50000 | PA      | $20804.00     | 0.00%             | 2025-01-31      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Nordstrom Inc                                    | Nordstrom Inc                                                                    | CUSIP: 655664AH3<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28686.30     | 0.00%             | 2028-03-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| JM SMUCKER CO                                    | J M Smucker Co/The                                                               | CUSIP: 832696AP3<br>LEI: 5493000WDH6A0LHDJD55 | Long             | DBT              | CORP              | US        |     70000 | PA      | $58121.70     | 0.01%             | 2045-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| SKY GROUP FINANCE PLC                            | Sky Group Finance Ltd                                                            | CUSIP: 11778BAB8<br>LEI: 213800BZ2GKRAWTQFZ49 | Long             | DBT              | CORP              | GB        |     20000 | PA      | $21912.00     | 0.00%             | 2035-10-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                        | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F0426C2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2401000 | PA      | $2336848.28   | 0.31%             | 2052-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                           | PNC Financial Services Group Inc/The                                             | CUSIP: 693475AZ8<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    235000 | PA      | $199745.30    | 0.03%             | 2030-01-22      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| GATX Corp                                        | GATX Corp                                                                        | CUSIP: 361448BC6<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |     66000 | PA      | $63242.52     | 0.01%             | 2028-11-07      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| TEMASEK FINANCIAL I LTD                          | Temasek Financial I Ltd                                                          | CUSIP: 87973PBB9<br>LEI: 549300XMGMDF3VRJMF12 | Long             | DBT              | CORP              | SG        |    250000 | PA      | $181297.50    | 0.02%             | 2041-08-02      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                   | Morgan Stanley                                                                   | CUSIP: 61746BCY0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     25000 | PA      | $26509.00     | 0.00%             | 2026-08-09      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MACY'S RETAIL HLDGS LLC                          | Macy's Retail Holdings LLC                                                       | CUSIP: 55616XAJ6<br>LEI: 549300JMONK27O4SQQ19 | Long             | DBT              | CORP              | US        |     20000 | PA      | $12464.00     | 0.00%             | 2043-02-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Waste Management Inc                             | Waste Management Inc                                                             | CUSIP: 94106LBE8<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |     29000 | PA      | $27151.83     | 0.00%             | 2027-11-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| NIPPON LIFE INSURANCE                            | Nippon Life Insurance Co                                                         | CUSIP: 654579AK7<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |     15000 | PA      | $11647.20     | 0.00%             | 2051-09-16      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132D6NZ9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     95707 | PA      | $86111.89     | 0.01%             | 2036-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BMW FINANCE NV                                   | BMW Finance NV                                                                   | CUSIP: 05600LAB2<br>LEI: 5299006ZHG3IXU0PNJ56 | Long             | DBT              | CORP              | NL        |    265000 | PA      | $254241.00    | 0.03%             | 2024-08-14      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| MCCORMICK & CO                                   | McCormick & Co Inc/MD                                                            | CUSIP: 579780AN7<br>LEI: 549300JQQA6MQ4OJP259 | Long             | DBT              | CORP              | US        |     80000 | PA      | $75204.80     | 0.01%             | 2027-08-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| NOVARTIS CAPITAL CORP                            | Novartis Capital Corp                                                            | CUSIP: 66989HAQ1<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |    200000 | PA      | $183258.00    | 0.02%             | 2027-02-14      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XCXY9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    894242 | PA      | $766028.93    | 0.10%             | 2051-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XDS98<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    982825 | PA      | $841672.55    | 0.11%             | 2051-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822BR4<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $165976.00    | 0.02%             | 2030-02-25      | Fixed         | 2.56%                 | No            |                  2 | On Loan: No      |
| HILLENBRAND INC                                  | Hillenbrand Inc                                                                  | CUSIP: 431571AB4<br>LEI: U246OE781574J2BUD366 | Long             | DBT              | CORP              | US        |     31000 | PA      | $29813.94     | 0.00%             | 2026-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                              | Moody's Corp                                                                     | CUSIP: 615369AY1<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |     35000 | PA      | $27361.60     | 0.00%             | 2052-02-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| WESTERN DIGITAL CORP                             | Western Digital Corp                                                             | CUSIP: 958102AQ8<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |     60000 | PA      | $47733.00     | 0.01%             | 2029-02-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED COMMUNICATI                         | Consolidated Communications Inc                                                  | CUSIP: 20903XAF0<br>LEI: 549300WW675Y48HDVX34 | Long             | DBT              | CORP              | US        |     60000 | PA      | $49361.40     | 0.01%             | 2028-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PANAMA                               | Panama Government International Bond                                             | CUSIP: 000000000<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    100000 | PA      | $95218.00     | 0.01%             | 2026-04-17      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| COMCAST CORP                                     | Comcast Corp                                                                     | CUSIP: 20030NDN8<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    915000 | PA      | $721129.80    | 0.09%             | 2031-02-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                         | Benchmark 2018-B4 Mortgage Trust                                                 | CUSIP: 08161HAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $958193.53    | 0.13%             | 2051-07-15      | Variable      | 4.06%                 | No            |                  2 | On Loan: No      |
| RAKUTEN GROUP INC                                | Rakuten Group Inc                                                                | CUSIP: 75102WAB4<br>LEI: 529900IMXUCQKUL1H943 | Long             | DBT              | CORP              | JP        |     75000 | PA      | $49044.00     | 0.01%             | 2031-04-22      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| CENTURY ALUMINUM COMPANY                         | Century Aluminum Co                                                              | CUSIP: 156431AN8<br>LEI: 549300U5ODNGEYWKSW73 | Long             | DBT              | CORP              | US        |     25000 | PA      | $21636.75     | 0.00%             | 2028-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| Prudential Financial Inc                         | Prudential Financial Inc                                                         | CUSIP: 744320AV4<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    143000 | PA      | $133929.51    | 0.02%             | 2045-05-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| PRIME SECSRVC BRW/FINANC                         | Prime Security Services Borrower LLC / Prime Finance Inc                         | CUSIP: 74166MAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    115000 | PA      | $113807.45    | 0.01%             | 2026-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Aflac Inc                                        | Aflac Inc                                                                        | CUSIP: 001055AR3<br>LEI: 549300N0B7DOGLXWPP39 | Long             | DBT              | CORP              | US        |     25000 | PA      | $19737.50     | 0.00%             | 2046-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DNB BANK ASA                                     | DNB Bank ASA                                                                     | CUSIP: 25601B2B0<br>LEI: 549300GKFG0RYRRQ1414 | Long             | DBT              | CORP              | NO        |     15000 | PA      | $12758.10     | 0.00%             | 2028-03-30      | Fixed         | 1.61%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                                       | Humana Inc                                                                       | CUSIP: 444859BN1<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |     97000 | PA      | $95248.18     | 0.01%             | 2030-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                         | Alexandria Real Estate Equities Inc                                              | CUSIP: 015271AT6<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |     15000 | PA      | $12729.60     | 0.00%             | 2029-12-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| ING Groep NV                                     | ING Groep NV                                                                     | CUSIP: 456837AP8<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    120000 | PA      | $117390.00    | 0.02%             | 2024-04-09      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| PepsiCo Inc                                      | PepsiCo Inc                                                                      | CUSIP: 713448BZ0<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9075.70      | 0.00%             | 2042-03-05      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132CWXS8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     27373 | PA      | $24629.23     | 0.00%             | 2036-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| APX GROUP INC                                    | APX Group Inc                                                                    | CUSIP: 00213MAV6<br>LEI: 549300OMQVKPRU98OE64 | Long             | DBT              | CORP              | US        |     45000 | PA      | $44618.40     | 0.01%             | 2027-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XD6J0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    118155 | PA      | $101153.98    | 0.01%             | 2051-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS                         | Discovery Communications LLC                                                     | CUSIP: 25470DAM1<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |     22000 | PA      | $21509.62     | 0.00%             | 2024-03-13      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| INGEVITY CORP                                    | Ingevity Corp                                                                    | CUSIP: 45688CAB3<br>LEI: 5493009UTFC4B5IMGF87 | Long             | DBT              | CORP              | US        |     45000 | PA      | $38370.60     | 0.01%             | 2028-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| TRACTOR SUPPLY CO                                | Tractor Supply Co                                                                | CUSIP: 892356AA4<br>LEI: 549300OJ9VZHZRO6I137 | Long             | DBT              | CORP              | US        |      5000 | PA      | $3891.85      | 0.00%             | 2030-11-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                   | Microsoft Corp                                                                   | CUSIP: 594918BT0<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    220000 | PA      | $194926.60    | 0.03%             | 2046-08-08      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| WEA Finance LLC                                  | WEA Finance LLC                                                                  | CUSIP: 92928QAE8<br>LEI: 3CYEJKBUJZO3UW777J80 | Long             | DBT              | CORP              | US        |     40000 | PA      | $34721.20     | 0.00%             | 2028-09-20      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| AFRICAN DEVELOPMENT BANK                         | African Development Bank                                                         | CUSIP: 00828EEE5<br>LEI: 549300LNCLMO3ITVCU07 | Long             | DBT              | NUSS              | XX        |    300000 | PA      | $269100.00    | 0.04%             | 2026-03-23      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| VeriSign Inc                                     | VeriSign Inc                                                                     | CUSIP: 92343EAL6<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29289.60     | 0.00%             | 2027-07-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PROVINCE OF QUEBEC                               | Province of Quebec Canada                                                        | CUSIP: 748148SC8<br>LEI: 549300WN65YFEQH74Y36 | Long             | DBT              | NUSS              | CA        |    125000 | PA      | $113518.75    | 0.01%             | 2025-07-23      | Fixed         | 0.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QLF84<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    229214 | PA      | $211903.90    | 0.03%             | 2036-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Lear Corp                                        | Lear Corp                                                                        | CUSIP: 521865AZ8<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | DBT              | CORP              | US        |     80000 | PA      | $67373.60     | 0.01%             | 2049-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ATKORE INC                                       | Atkore Inc                                                                       | CUSIP: 047649AA6<br>LEI: 52990002TI38AM4RPV48 | Long             | DBT              | CORP              | US        |     30000 | PA      | $25478.40     | 0.00%             | 2031-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 31418D6A5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    347367 | PA      | $270119.21    | 0.04%             | 2051-11-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| PTC Inc                                          | PTC Inc                                                                          | CUSIP: 69370CAC4<br>LEI: 54930050SSMU8SKDJ030 | Long             | DBT              | CORP              | US        |     45000 | PA      | $41063.40     | 0.01%             | 2028-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TRANE TECHNOLOGIES LUX                           | Trane Technologies Luxembourg Finance SA                                         | CUSIP: 456873AF5<br>LEI: 549300GHBOWCVY92IS29 | Long             | DBT              | CORP              | LU        |     29000 | PA      | $24111.47     | 0.00%             | 2049-03-21      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TARGET CORP                                      | Target Corp                                                                      | CUSIP: 87612EBL9<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |     45000 | PA      | $42841.35     | 0.01%             | 2025-04-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| CSL FINANCE PLC                                  | CSL Finance PLC                                                                  | CUSIP: 12661PAB5<br>LEI: 2549007CCNBNAF4HBC02 | Long             | DBT              | CORP              | GB        |     10000 | PA      | $9527.50      | 0.00%             | 2029-04-27      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| FALABELLA SA                                     | Falabella SA                                                                     | CUSIP: 000000000<br>LEI: 5493004CKJQ7H391LM41 | Long             | DBT              | CORP              | CL        |    200000 | PA      | $180738.00    | 0.02%             | 2027-10-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ADOBE INC                                        | Adobe Inc                                                                        | CUSIP: 00724PAC3<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91951.00     | 0.01%             | 2027-02-01      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| LANDWIRTSCH. RENTENBANK                          | Landwirtschaftliche Rentenbank                                                   | CUSIP: 515110BT0<br>LEI: 529900Z3J0N6S0F7CT25 | Long             | DBT              | CORP              | DE        |    115000 | PA      | $107324.90    | 0.01%             | 2027-11-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| STEEL DYNAMICS INC                               | Steel Dynamics Inc                                                               | CUSIP: 858119BP4<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | DBT              | CORP              | US        |     15000 | PA      | $9805.35      | 0.00%             | 2050-10-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CHINA CONSTRUCTION BANK                          | China Construction Bank Corp                                                     | CUSIP: 000000000<br>LEI: 5493001KQW6DM7KEDR62 | Long             | DBT              | CORP              | CN        |    200000 | PA      | $197406.00    | 0.03%             | 2029-02-27      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT HOLDINGS INC                           | Open Text Holdings Inc                                                           | CUSIP: 683720AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     70000 | PA      | $56742.00     | 0.01%             | 2030-02-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| DEERE & COMPANY                                  | Deere & Co                                                                       | CUSIP: 244199BD6<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | DBT              | CORP              | US        |     25000 | PA      | $26319.75     | 0.00%             | 2029-10-16      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QN4J8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    219893 | PA      | $194543.91    | 0.03%             | 2052-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| WHIRLPOOL CORP                                   | Whirlpool Corp                                                                   | CUSIP: 963320AY2<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |     70000 | PA      | $55496.00     | 0.01%             | 2031-05-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| KILROY REALTY LP                                 | Kilroy Realty LP                                                                 | CUSIP: 49427RAR3<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              |  | US        |     20000 | PA      | $14244.60     | 0.00%             | 2033-11-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| DAI-ICHI LIFE INSURANCE                          | Dai-ichi Life Insurance Co Ltd/The                                               | CUSIP: 23380YAD9<br>LEI: 3538001235ACEIORUV72 | Long             | DBT              | CORP              | JP        |     15000 | PA      | $13811.10     | 0.00%             | 2026-07-24      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ALLEGION US HOLDING CO                           | Allegion US Holding Co Inc                                                       | CUSIP: 01748NAD6<br>LEI: 5493002B66JX7J7SXI33 | Long             | DBT              | CORP              | US        |    135000 | PA      | $130030.65    | 0.02%             | 2024-10-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| RELX CAPITAL INC                                 | RELX Capital Inc                                                                 | CUSIP: 74949LAD4<br>LEI: 2R15C3RTKJN1RCBOV146 | Long             | DBT              | CORP              | US        |     65000 | PA      | $56459.00     | 0.01%             | 2030-05-22      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CITIZENS FINANCIAL GROUP                         | Citizens Financial Group Inc                                                     | CUSIP: 174610AR6<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |    160000 | PA      | $148731.20    | 0.02%             | 2026-07-27      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Amgen Inc                                        | Amgen Inc                                                                        | CUSIP: 031162CQ1<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     70000 | PA      | $65981.30     | 0.01%             | 2027-11-02      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Voya Financial Inc                               | Voya Financial Inc                                                               | CUSIP: 929089AC4<br>LEI: 549300T065Z4KJ686G75 | Long             | DBT              | CORP              | US        |     50000 | PA      | $40873.50     | 0.01%             | 2046-06-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| TTM TECHNOLOGIES INC                             | TTM Technologies Inc                                                             | CUSIP: 87305RAK5<br>LEI: 549300SC4BDOIS008048 | Long             | DBT              | CORP              | US        |     40000 | PA      | $34164.40     | 0.00%             | 2029-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133AXHR6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    617322 | PA      | $528652.22    | 0.07%             | 2051-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| VMWARE INC                                       | VMware Inc                                                                       | CUSIP: 928563AH8<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |     35000 | PA      | $32543.70     | 0.00%             | 2024-08-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| COEUR MINING INC                                 | Coeur Mining Inc                                                                 | CUSIP: 192108BC1<br>LEI: 5493003AVK173D48DR70 | Long             | DBT              | CORP              | US        |     30000 | PA      | $23339.70     | 0.00%             | 2029-02-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| HUNGARY                                          | Hungary Government International Bond                                            | CUSIP: 000000000<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |    200000 | PA      | $193702.00    | 0.03%             | 2029-06-16      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Bharti Airtel Ltd                                | Bharti Airtel Ltd                                                                | CUSIP: 000000000<br>LEI: 335800KQ1FPKOQ84OR26 | Long             | DBT              | CORP              | IN        |    200000 | PA      | $194268.00    | 0.03%             | 2025-06-10      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810TF5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4300000 | PA      | $3347281.25   | 0.44%             | 2042-02-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                              | Charles Schwab Corp/The                                                          | CUSIP: 808513AX3<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     55000 | PA      | $54105.70     | 0.01%             | 2025-05-21      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Texas Instruments Inc                            | Texas Instruments Inc                                                            | CUSIP: 882508BD5<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |     84000 | PA      | $75540.36     | 0.01%             | 2048-05-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| WP Carey Inc                                     | WP Carey Inc                                                                     | CUSIP: 92936UAA7<br>LEI: 54930042CRNE713E3Q67 | Long             | DBT              |  | US        |     40000 | PA      | $39766.00     | 0.01%             | 2024-04-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| MICROSOFT CORP                                   | Microsoft Corp                                                                   | CUSIP: 594918CD4<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    320000 | PA      | $215462.40    | 0.03%             | 2060-06-01      | Fixed         | 2.68%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DWCQ4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     73631 | PA      | $65335.25     | 0.01%             | 2051-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HONG KONG                                        | Hong Kong Government International Bond                                          | CUSIP: 43858AAD2<br>LEI: 549300DSMAD69T7GGN13 | Long             | DBT              | NUSS              | HK        |    200000 | PA      | $163056.00    | 0.02%             | 2031-02-02      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Ally Financial Inc                               | Ally Financial Inc                                                               | CUSIP: 36186CBY8<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    130000 | PA      | $139067.50    | 0.02%             | 2031-11-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VFR0<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    113000 | PA      | $88568.27     | 0.01%             | 2031-01-20      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| WALGREENS BOOTS ALLIANCE                         | Walgreens Boots Alliance Inc                                                     | CUSIP: 931427AS7<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |     40000 | PA      | $34748.00     | 0.00%             | 2030-04-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                             | OneMain Finance Corp                                                             | CUSIP: 682691AA8<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    100000 | PA      | $75528.00     | 0.01%             | 2030-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                            | Toronto-Dominion Bank/The                                                        | CUSIP: 89114TZG0<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |     65000 | PA      | $57146.70     | 0.01%             | 2026-09-10      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS                         | Discovery Communications LLC                                                     | CUSIP: 25470DBG3<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |     93000 | PA      | $73081.26     | 0.01%             | 2049-05-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| SWEDISH EXPORT CREDIT                            | Svensk Exportkredit AB                                                           | CUSIP: 87031CAE3<br>LEI: 1FOLRR5RWTWWI397R131 | Long             | DBT              | NUSS              | SE        |    200000 | PA      | $185338.00    | 0.02%             | 2027-03-22      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Caterpillar Inc                                  | Caterpillar Inc                                                                  | CUSIP: 149123CC3<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73807.50     | 0.01%             | 2024-05-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| CDB FINANCIAL LEASING                            | China Development Bank Financial Leasing Co Ltd                                  | CUSIP: 000000000<br>LEI: 3003001Y2JXAVQAIZ618 | Long             | DBT              | CORP              | CN        |    200000 | PA      | $183674.00    | 0.02%             | 2030-09-28      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| TSMC ARIZONA CORP                                | TSMC Arizona Corp                                                                | CUSIP: 872898AC5<br>LEI: 2549005GOBWLCSY63Q97 | Long             | DBT              | CORP              | US        |    245000 | PA      | $203127.05    | 0.03%             | 2031-10-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SHANGHAI COMMERCIAL BANK                         | Shanghai Commercial Bank Ltd                                                     | CUSIP: 000000000<br>LEI: 549300DLWZLXC60CXS69 | Long             | DBT              | CORP              | HK        |    250000 | PA      | $245102.50    | 0.03%             | 2029-01-17      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Humana Inc                                       | Humana Inc                                                                       | CUSIP: 444859BD3<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |     45000 | PA      | $44224.20     | 0.01%             | 2024-10-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| QUALCOMM Inc                                     | QUALCOMM Inc                                                                     | CUSIP: 747525AJ2<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |    160000 | PA      | $155728.00    | 0.02%             | 2035-05-20      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| REGIONS FINANCIAL CORP                           | Regions Financial Corp                                                           | CUSIP: 7591EPAQ3<br>LEI: CW05CS5KW59QTC0DG824 | Long             | DBT              | CORP              | US        |    160000 | PA      | $149835.20    | 0.02%             | 2025-05-18      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810QY7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    200000 | PA      | $164250.00    | 0.02%             | 2042-11-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KL6J1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     45787 | PA      | $37802.51     | 0.00%             | 2051-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| SERVICE CORP INTL                                | Service Corp International/US                                                    | CUSIP: 817565CE2<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |     60000 | PA      | $56878.20     | 0.01%             | 2029-06-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                   | Home Depot Inc/The                                                               | CUSIP: 437076BT8<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    122000 | PA      | $114245.68    | 0.01%             | 2027-09-14      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| DH EUROPE FINANCE II                             | DH Europe Finance II Sarl                                                        | CUSIP: 23291KAG0<br>LEI: 222100KDGL314CKTZ511 | Long             | DBT              | CORP              | LU        |     20000 | PA      | $19047.40     | 0.00%             | 2024-11-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                          | Dell International LLC / EMC Corp                                                | CUSIP: 24703DBE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     15000 | PA      | $10351.95     | 0.00%             | 2041-12-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                         | Warnermedia Holdings Inc                                                         | CUSIP: 55903VAG8<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    305000 | PA      | $277912.95    | 0.04%             | 2027-03-15      | Fixed         | 3.76%                 | No            |                  2 | On Loan: No      |
| Province of Quebec                               | Province of Quebec Canada                                                        | CUSIP: 748149AN1<br>LEI: 549300WN65YFEQH74Y36 | Long             | DBT              | NUSS              | CA        |    208000 | PA      | $196451.84    | 0.03%             | 2027-04-12      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KJQ39<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     33372 | PA      | $29608.34     | 0.00%             | 2050-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VDS0<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     50000 | PA      | $46797.50     | 0.01%             | 2049-04-15      | Fixed         | 5.01%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                       | Fiserv Inc                                                                       | CUSIP: 337738AS7<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96383.00     | 0.01%             | 2024-07-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| WASTE CONNECTIONS INC                            | Waste Connections Inc                                                            | CUSIP: 94106BAB7<br>LEI: 549300HDLRTPBQU69P29 | Long             | DBT              | CORP              | CA        |     92000 | PA      | $64570.20     | 0.01%             | 2050-04-01      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL                         | Penske Truck Leasing Co Lp / PTL Finance Corp                                    | CUSIP: 709599BL7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $4404.60      | 0.00%             | 2025-11-15      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                 | Crown Castle Inc                                                                 | CUSIP: 22822VAB7<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |     67000 | PA      | $65493.17     | 0.01%             | 2026-02-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                            | Truist Financial Corp                                                            | CUSIP: 05531FBB8<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |     95000 | PA      | $91678.80     | 0.01%             | 2024-10-26      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                              | Elevance Health Inc                                                              | CUSIP: 036752AC7<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14566.95     | 0.00%             | 2024-12-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| OHIO POWER COMPANY                               | Ohio Power Co                                                                    | CUSIP: 677415CS8<br>LEI: 06ZODLC132CY1O2Y7D77 | Long             | DBT              | CORP              | US        |     70000 | PA      | $59871.70     | 0.01%             | 2030-04-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| SWIRE PROPERT MTN FIN                            | Swire Properties MTN Financing Ltd                                               | CUSIP: 000000000<br>LEI: 549300MYFUCWFUIC4803 | Long             | DBT              | CORP              | HK        |    200000 | PA      | $187454.00    | 0.02%             | 2028-01-10      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Ally Financial Inc                               | Ally Financial Inc                                                               | CUSIP: 370425RZ5<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |     70000 | PA      | $74937.80     | 0.01%             | 2031-11-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QHET8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     74178 | PA      | $66739.47     | 0.01%             | 2036-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QLRW8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    132996 | PA      | $118635.72    | 0.02%             | 2051-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Discover Bank                                    | Discover Bank                                                                    | CUSIP: 25466AAJ0<br>LEI: X05BVSK68TQ7YTOSNR22 | Long             | DBT              | CORP              | US        |     50000 | PA      | $46051.00     | 0.01%             | 2026-07-27      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| LSEGA FINANCING PLC                              | LSEGA Financing PLC                                                              | CUSIP: 50220PAC7<br>LEI: 2138009YFYTGEHZNNZ09 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $214380.00    | 0.03%             | 2028-04-06      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO                             | Kraft Heinz Foods Co                                                             | CUSIP: 50077LBC9<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |    105000 | PA      | $101315.55    | 0.01%             | 2027-05-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QCKZ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    333543 | PA      | $308561.44    | 0.04%             | 2049-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Mastercard Inc                                   | Mastercard Inc                                                                   | CUSIP: 57636QAL8<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |     70000 | PA      | $58990.40     | 0.01%             | 2049-06-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X9R64<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     92256 | PA      | $83004.09     | 0.01%             | 2036-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CROCS INC                                        | Crocs Inc                                                                        | CUSIP: 227046AB5<br>LEI: 549300B0J6YCXD63OG72 | Long             | DBT              | CORP              | US        |     30000 | PA      | $24025.20     | 0.00%             | 2031-08-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Pitney Bowes Inc                                 | Pitney Bowes Inc                                                                 | CUSIP: 724479AJ9<br>LEI: 549300N2O26NW4ST6W55 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14270.10     | 0.00%             | 2024-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| BOCOM LEASING MGMT                               | Bocom Leasing Management Hong Kong Co Ltd                                        | CUSIP: 000000000<br>LEI: 549300VK5E35PN5ZZX74 | Long             | DBT              | CORP              | HK        |    200000 | PA      | $187256.00    | 0.02%             | 2024-06-18      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| JOHNSON (S.C.) & SON INC                         | SC Johnson & Son Inc                                                             | CUSIP: 478165AG8<br>LEI: PH5ZFDENRYXEVLP50443 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9286.90      | 0.00%             | 2040-09-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| DOLLAR TREE INC                                  | Dollar Tree Inc                                                                  | CUSIP: 256746AK4<br>LEI: 549300PMSTQITB1WHR43 | Long             | DBT              | CORP              | US        |     30000 | PA      | $20591.10     | 0.00%             | 2051-12-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| MARB BONDCO PLC                                  | MARB BondCo PLC                                                                  | CUSIP: 000000000<br>LEI: 254900PVA1EU6QM1JN57 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $154954.00    | 0.02%             | 2031-01-29      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                           | Verizon Communications Inc                                                       | CUSIP: 92343VFX7<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    210000 | PA      | $165018.00    | 0.02%             | 2030-10-30      | Fixed         | 1.68%                 | No            |                  2 | On Loan: No      |
| ACUITY BRANDS LIGHTING                           | Acuity Brands Lighting Inc                                                       | CUSIP: 00510RAD5<br>LEI: 549300OTPVPFLUC38K21 | Long             | DBT              | CORP              | US        |     45000 | PA      | $34894.35     | 0.00%             | 2030-12-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| AIR PRODUCTS & CHEMICALS                         | Air Products and Chemicals Inc                                                   | CUSIP: 009158BC9<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | DBT              | CORP              | US        |     79000 | PA      | $66454.80     | 0.01%             | 2030-05-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XBQ78<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    407349 | PA      | $350281.05    | 0.05%             | 2051-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179UKY7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    198715 | PA      | $196932.53    | 0.03%             | 2049-01-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TAPESTRY INC                                     | Tapestry Inc                                                                     | CUSIP: 876030AA5<br>LEI: 549300LJNVY5SW3VTN33 | Long             | DBT              | CORP              | US        |     25000 | PA      | $19355.50     | 0.00%             | 2032-03-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE                           | VICI Properties LP / VICI Note Co Inc                                            | CUSIP: 92564RAK1<br>LEI: N/A                  | Long             | DBT              |  | US        |     10000 | PA      | $9155.80      | 0.00%             | 2028-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                            | Level 3 Financing Inc                                                            | CUSIP: 527298BQ5<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |     60000 | PA      | $46684.80     | 0.01%             | 2029-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Target Corp                                      | Target Corp                                                                      | CUSIP: 87612EBG0<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |     65000 | PA      | $54269.80     | 0.01%             | 2047-11-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| SALESFORCE INC                                   | Salesforce Inc                                                                   | CUSIP: 79466LAF1<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | DBT              | CORP              | US        |     80000 | PA      | $77436.80     | 0.01%             | 2028-04-11      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CDZ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  14750000 | PA      | $13879980.54  | 1.81%             | 2025-02-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Webster Financial Corp                           | Webster Financial Corp                                                           | CUSIP: 947890AJ8<br>LEI: KMRURHT0VWKYS6Z5KU67 | Long             | DBT              | CORP              | US        |    170000 | PA      | $154652.40    | 0.02%             | 2029-03-25      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| WOORI BANK                                       | Woori Bank                                                                       | CUSIP: 98105GAL6<br>LEI: 549300VUVMRL6RE7R376 | Long             | DBT              | CORP              | KR        |    200000 | PA      | $175728.00    | 0.02%             | 2027-01-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                              | Bank of Nova Scotia/The                                                          | CUSIP: 064159QE9<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |     15000 | PA      | $13961.25     | 0.00%             | 2026-08-03      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| CLOROX COMPANY                                   | Clorox Co/The                                                                    | CUSIP: 189054AV1<br>LEI: 54930044KVSC06Z79I06 | Long             | DBT              | CORP              | US        |    221000 | PA      | $206259.30    | 0.03%             | 2027-10-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| AIRPORT AUTHORITY HK                             | Airport Authority                                                                | CUSIP: 00946AAB0<br>LEI: 254900748HGC4RBR4O84 | Long             | DBT              | NUSS              | HK        |    200000 | PA      | $128974.00    | 0.02%             | 2051-02-04      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| WP Carey Inc                                     | WP Carey Inc                                                                     | CUSIP: 92936UAE9<br>LEI: 54930042CRNE713E3Q67 | Long             | DBT              |  | US        |     90000 | PA      | $86746.50     | 0.01%             | 2026-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810RG5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    100000 | PA      | $90156.25     | 0.01%             | 2044-05-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Electric Co                         | Pennsylvania Electric Co                                                         | CUSIP: 708696BZ1<br>LEI: O1PLQWO3TX952VMBJ146 | Long             | DBT              | CORP              | US        |     15000 | PA      | $13570.65     | 0.00%             | 2029-06-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                     | Comcast Corp                                                                     | CUSIP: 20030NDQ1<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    100000 | PA      | $59364.00     | 0.01%             | 2062-08-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| HEALTHPEAK PROPERTIES                            | Healthpeak Properties Inc                                                        | CUSIP: 42250PAB9<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | DBT              |  | US        |     61000 | PA      | $51632.23     | 0.01%             | 2031-01-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| CRH America Finance Inc                          | CRH America Finance Inc                                                          | CUSIP: 12636YAD4<br>LEI: 549300WEVUODRJ4CWK56 | Long             | DBT              | CORP              | US        |     11000 | PA      | $9208.76      | 0.00%             | 2048-04-04      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SKY LTD                                          | Sky Ltd                                                                          | CUSIP: 111013AL2<br>LEI: 2138003TS48MQKF4BZ29 | Long             | DBT              | CORP              | GB        |     10000 | PA      | $9786.80      | 0.00%             | 2024-09-16      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| DOLLAR GENERAL CORP                              | Dollar General Corp                                                              | CUSIP: 256677AH8<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | DBT              | CORP              | US        |     95000 | PA      | $78772.10     | 0.01%             | 2050-04-03      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CARRIER GLOBAL CORP                              | Carrier Global Corp                                                              | CUSIP: 14448CAL8<br>LEI: 549300JE3W6CWY2NAN77 | Long             | DBT              | CORP              | US        |     60000 | PA      | $50252.40     | 0.01%             | 2031-02-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING                            | Alibaba Group Holding Ltd                                                        | CUSIP: 01609WAR3<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |    500000 | PA      | $444325.00    | 0.06%             | 2034-11-28      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QFUZ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1805770 | PA      | $1491819.75   | 0.19%             | 2050-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| HARTFORD FINL SVCS GRP                           | Hartford Financial Services Group Inc/The                                        | CUSIP: 416515BF0<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | DBT              | CORP              | US        |     91000 | PA      | $67307.24     | 0.01%             | 2049-08-19      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| KOMMUNALBANKEN AS                                | Kommunalbanken AS                                                                | CUSIP: 50048MCU2<br>LEI: I7ETN0QQO2AHZZGHJ389 | Long             | DBT              | NUSS              | NO        |    215000 | PA      | $199171.70    | 0.03%             | 2025-03-12      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| ENCOMPASS HEALTH CORP                            | Encompass Health Corp                                                            | CUSIP: 29261AAB6<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |     75000 | PA      | $66514.50     | 0.01%             | 2030-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Synchrony Financial                              | Synchrony Financial                                                              | CUSIP: 87165BAG8<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |    115000 | PA      | $110106.75    | 0.01%             | 2025-07-23      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TELECOM ITALIA CAPITAL                           | Telecom Italia Capital SA                                                        | CUSIP: 87927VAM0<br>LEI: 549300777DJZOR5C4L39 | Long             | DBT              | CORP              | LU        |     75000 | PA      | $58044.75     | 0.01%             | 2034-09-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AMPHENOL CORP                                    | Amphenol Corp                                                                    | CUSIP: 032095AK7<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |     27000 | PA      | $25426.17     | 0.00%             | 2025-03-01      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                          | Inter-American Development Bank                                                  | CUSIP: 4581X0DL9<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    110000 | PA      | $101854.50    | 0.01%             | 2025-04-03      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                  | CUSIP: 31418ECU2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    966310 | PA      | $867136.25    | 0.11%             | 2037-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| WEA FINANCE LLC/WESTFIEL                         | WEA Finance LLC / Westfield UK & Europe Finance PLC                              | CUSIP: 92890HAC6<br>LEI: N/A                  | Long             | DBT              |  | US        |     95000 | PA      | $90001.10     | 0.01%             | 2024-09-17      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 912810SS8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2000000 | PA      | $1235000.00   | 0.16%             | 2050-11-15      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| AMERICAN INTL GROUP                              | American International Group Inc                                                 | CUSIP: 026874DQ7<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |    160000 | PA      | $151336.00    | 0.02%             | 2025-06-30      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Yara International ASA                           | Yara International ASA                                                           | CUSIP: 984851AF2<br>LEI: 213800WKOUWXWFJ5Z514 | Long             | DBT              | CORP              | NO        |    135000 | PA      | $125184.15    | 0.02%             | 2028-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                            | Truist Financial Corp                                                            | CUSIP: 05531FBE2<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    200000 | PA      | $194702.00    | 0.03%             | 2025-06-05      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC                             | Keurig Dr Pepper Inc                                                             | CUSIP: 49271VAN0<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4050.00      | 0.00%             | 2031-03-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | United States Treasury Note/Bond                                                 | CUSIP: 9128285U0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    500000 | PA      | $488964.85    | 0.06%             | 2023-12-31      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| AMERICAN INTL GROUP                              | American International Group Inc                                                 | CUSIP: 026874DH7<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |     23000 | PA      | $22360.14     | 0.00%             | 2026-04-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| GO DADDY OPCO/FINCO                              | Go Daddy Operating Co LLC / GD Finance Co Inc                                    | CUSIP: 38016LAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     60000 | PA      | $50813.40     | 0.01%             | 2029-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Analog Devices Inc                               | Analog Devices Inc                                                               | CUSIP: 032654AN5<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | DBT              | CORP              | US        |     50000 | PA      | $47986.00     | 0.01%             | 2026-12-05      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                              | Charles Schwab Corp/The                                                          | CUSIP: 808513BF1<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     25000 | PA      | $22288.00     | 0.00%             | 2026-03-11      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                          | Inter-American Development Bank                                                  | CUSIP: 4581X0DN5<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |     80000 | PA      | $72929.60     | 0.01%             | 2025-07-15      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                   | Home Depot Inc/The                                                               | CUSIP: 437076AU6<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    119000 | PA      | $124062.26    | 0.02%             | 2040-09-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| PROVINCE OF ALBERTA                              | Province of Alberta Canada                                                       | CUSIP: 01306GAC7<br>LEI: LQPXMHHNJKIPJYE53543 | Long             | DBT              | NUSS              | CA        |    100000 | PA      | $92190.00     | 0.01%             | 2026-08-17      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| SYDNEY AIRPORT FINANCE                           | Sydney Airport Finance Co Pty Ltd                                                | CUSIP: 87124VAF6<br>LEI: 549300MJAANHLHOVTO40 | Long             | DBT              | CORP              | AU        |    155000 | PA      | $144794.80    | 0.02%             | 2026-04-28      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Pool                                                                 | CUSIP: 3132D57D8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    180090 | PA      | $157576.99    | 0.02%             | 2036-03-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| BEACON ROOFING SUPPLY IN                         | Beacon Roofing Supply Inc                                                        | CUSIP: 073685AF6<br>LEI: 549300HDXQWWCBOYXP31 | Long             | DBT              | CORP              | US        |     25000 | PA      | $23213.25     | 0.00%             | 2026-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON BANCSHARES                            | Huntington Bancshares Inc/OH                                                     | CUSIP: 446150AS3<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |    150000 | PA      | $124344.00    | 0.02%             | 2030-02-04      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                               | BMW US Capital LLC                                                               | CUSIP: 05565ECB9<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9069.50      | 0.00%             | 2032-04-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| TRANSURBAN FINANCE CO                            | Transurban Finance Co Pty Ltd                                                    | CUSIP: 89400PAG8<br>LEI: 54930081LPJMUMEA6E57 | Long             | DBT              | CORP              | AU        |     93000 | PA      | $85508.85     | 0.01%             | 2027-03-22      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| REPUBLICA ORIENT URUGUAY                         | Uruguay Government International Bond                                            | CUSIP: 760942AZ5<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |     20000 | PA      | $19991.40     | 0.00%             | 2024-08-14      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| LOWE'S COS INC                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661DR5<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93517.00     | 0.01%             | 2029-04-05      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179XFG6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1096142 | PA      | $1045260.19   | 0.14%             | 2052-09-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                     | UBS Group AG                                                                     | CUSIP: 90351DAB3<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |     15000 | PA      | $14533.50     | 0.00%             | 2025-09-24      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| ROSS STORES INC                                  | Ross Stores Inc                                                                  | CUSIP: 778296AF0<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | DBT              | CORP              | US        |    115000 | PA      | $101170.10    | 0.01%             | 2026-04-15      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| PIEDMONT OPERATING PARTN                         | Piedmont Operating Partnership LP                                                | CUSIP: 720198AE0<br>LEI: 549300WKGDPAS39FBD10 | Long             | DBT              |  | US        |     15000 | PA      | $11649.90     | 0.00%             | 2030-08-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| US FOODS INC                                     | US Foods Inc                                                                     | CUSIP: 90290MAC5<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75154.50     | 0.01%             | 2025-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                         | National Rural Utilities Cooperative Finance Corp                                | CUSIP: 637432NT8<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |     50000 | PA      | $42387.50     | 0.01%             | 2049-03-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| TEREX CORP                                       | Terex Corp                                                                       | CUSIP: 880779BA0<br>LEI: YAWJZJYEQ7M1SYMOS462 | Long             | DBT              | CORP              | US        |     45000 | PA      | $40847.40     | 0.01%             | 2029-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Humana Inc                                       | Humana Inc                                                                       | CUSIP: 444859BF8<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |     93000 | PA      | $89723.61     | 0.01%             | 2027-03-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                         | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AG6<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |     26000 | PA      | $25817.74     | 0.00%             | 2025-05-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                               | CUSIP: 36179XDE3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1961983 | PA      | $1919181.60   | 0.25%             | 2052-08-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Colgate-Palmolive Co                             | Colgate-Palmolive Co                                                             | CUSIP: 19416QEK2<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | DBT              | CORP              | US        |     79000 | PA      | $69118.68     | 0.01%             | 2047-08-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2022-12-29

**Name of Applicant:** iShares Trust

**Signature:** Ann Frechette

**Name of Signer:** Ann Frechette

**Title:** Assistant Treasurer