# EDGAR Filing Document

**Accession Number:** 0000933691
**File Stem:** 0001193125-26-070975
**Filing Date:** 2026-2
**Character Count:** 108396
**Document Hash:** dcb4f68a48680bfbba8a458d5a3f31ca
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-070975.hdr.sgml**: 20260225

**ACCESSION NUMBER**: 0001193125-26-070975

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260225

**DATE AS OF CHANGE**: 20260225

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JNL SERIES TRUST
- **CENTRAL INDEX KEY:** 0000933691

**ORGANIZATION NAME:**
- **EIN:** 381659835
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08894
- **FILM NUMBER:** 26677535

**BUSINESS ADDRESS:**
- **STREET 1:** 1 CORPORATE WAY
- **CITY:** LANSING
- **STATE:** MI
- **ZIP:** 48951
- **BUSINESS PHONE:** (517) 367-4336

**MAIL ADDRESS:**
- **STREET 1:** 1 CORPORATE WAY
- **CITY:** LANSING
- **STATE:** MI
- **ZIP:** 48951

## Series and Classes Contracts Data

### JNL/FRANKLIN TEMPLETON INCOME FUND (Series ID: S000010705)

| Class ID   | Class Name                             | Ticker Symbol   |
|:---|:---|:---|
| C000029596 | JNL/FRANKLIN TEMPLETON INCOME FUND (A) |  |
| C000067995 | JNL/FRANKLIN TEMPLETON INCOME FUND (I) |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** JNL Series Trust

- **b. Investment Company Act file number:** 811-8894

- **c. CIK number of Registrant:** 0000933691

- **d. LEI of Registrant:** 549300T5WIPN6IWM0D45

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

  - **Street Address 1:** 1 Corporate Way

  - **City:** Lansing

  - **State:** MI

  - **Foreign country:** US

  - **Zip / Postal Code:** 48951

  - **Telephone number:** 517-367-4336

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

- **a. Name of Series:** JNL/Franklin Templeton Income Fund

- **b. EDGAR series identifier (if any):** S000010705

- **c. LEI of Series:** 549300TRUBSNQETF6Q74

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1452758637.67

**Total Liabilities:** $49309486.89

**Net Assets:** $1403449150.78

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.000000000000 | **1-Year:** -3233.560024845196 | **5-Year:** -38814.012269966263 | **10-Year:** -49347.702129056336 | **30-Year:** -38599.570670393981

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

- **3-Month:** -35.796234242537 | **1-Year:** -11412.595803986556 | **5-Year:** -48499.829714317841 | **10-Year:** -17973.009034168426 | **30-Year:** -5322.329019798301

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000029596 | 0.63%                | 1.64%                | 0.78%                |
| Class ID C000067995 | 0.64%                | 1.68%                | 0.80%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $3354681.73              | $-526039.14                                |
| Month 2  | $-8402220.01             | $24639155.01                               |
| Month 3  | $5269055.90              | $211653.72                                 |

### Schedule of Portfolio Investments

| Name                                                     | Title                                                    | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Jackson National Asset Management, LLC                   | JNL Government Money Market Fund - Class SL              | CUSIP: 46628D395<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  47418918 | NS      | $47418917.50  | 3.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Caesars Entertainment, Inc.                              | Caesars Entertainment, Inc.                              | CUSIP: 12769GAB6<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5174650.00   | 0.37%             | 2030-02-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Mizuho Markets Cayman LP                                 | Mizuho Markets Cayman LP                                 | CUSIP: 60701E246<br>LEI: 549300KHUXLS6Q30KT26 | Long             | SN               | CORP              | US        |    100000 | PA      | $11927500.00  | 0.85%             | 2026-04-07      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Quikrete Holdings, Inc.                                  | Quikrete Holdings, Inc.                                  | CUSIP: 74843PAA8<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3124110.00   | 0.22%             | 2032-03-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Exxon Mobil Corporation                                  | Exxon Mobil Corporation                                  | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |    220000 | NS      | $26474800.00  | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Merrill Lynch S.A.                                       | Merrill Lynch S.A.                                       | CUSIP: 59027W401<br>LEI: 5493007PTFULNYZJ1R12 | Long             | SN               | CORP              | US        |    100000 | PA      | $6385560.00   | 0.45%             | 2026-09-03      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| Boeing Company, The                                      | Boeing Company, The                                      | CUSIP: 097023CP8<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $3940483.95   | 0.28%             | 2035-02-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Lockheed Martin Corporation                              | Lockheed Martin Corporation                              | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |     30000 | NS      | $14510100.00  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Company                             | Bristol-Myers Squibb Company                             | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |     92967 | NS      | $5014639.98   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Centene Corporation                                      | Centene Corporation                                      | CUSIP: 15135BAT8<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |   4780000 | PA      | $4625174.37   | 0.33%             | 2029-12-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                 | Government National Mortgage Association                 | CUSIP: 3618N5TP4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   6912478 | PA      | $7062665.58   | 0.50%             | 2055-08-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                 | Government National Mortgage Association                 | CUSIP: 3618N5XQ7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   4976053 | PA      | $5033362.34   | 0.36%             | 2055-10-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Organon & Co.                                            | Organon & Co.                                            | CUSIP: 68622TAA9<br>LEI: 549300AMCKY57OK2CO56 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1460220.00   | 0.10%             | 2028-04-30      | Fixed         | 4.13%                 | Yes           |                  2 | On Loan: No      |
| Toronto-Dominion Bank, The                               | Toronto-Dominion Bank, The                               | CUSIP: 89112B160<br>LEI: PT3QB789TSUIDF371261 | Long             | SN               | CORP              | US        |    169522 | PA      | $5060435.13   | 0.36%             | 2026-09-01      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| Tronox Incorporated                                      | Tronox Incorporated                                      | CUSIP: 897051AD0<br>LEI: 549300EPZ4YXC7E5P181 | Long             | DBT              | CORP              | US        |   3400000 | PA      | $3369740.00   | 0.24%             | 2030-09-30      | Fixed         | 9.13%                 | Yes           |                  2 | On Loan: —       |
| BNP Paribas Issuance B.V.                                | BNP Paribas Issuance B.V.                                | CUSIP: N/A<br>LEI: 7245009UXRIGIRYOBR48       | Long             | SN               | CORP              | US        |    175209 | PA      | $7904203.62   | 0.56%             | 2026-08-28      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| CommScope, LLC.                                          | CommScope, LLC.                                          | CUSIP: 203372AV9<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |   9775000 | PA      | $9811656.25   | 0.70%             | 2028-07-01      | Fixed         | 7.13%                 | Yes           |                  2 | On Loan: No      |
| NCL Corporation Ltd.                                     | NCL Corporation Ltd.                                     | CUSIP: 62886HBR1<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1023970.00   | 0.07%             | 2032-02-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Pfizer Inc.                                              | Pfizer Inc.                                              | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |    469897 | NS      | $11700435.30  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| J.P. Morgan Structured Products B.V.                     | J.P. Morgan Structured Products B.V.                     | CUSIP: N/A<br>LEI: XZYUUT6IYN31D9K77X08       | Long             | SN               | CORP              | US        |     25000 | PA      | $8893500.00   | 0.63%             | 2026-10-20      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Amgen Inc.                                               | Amgen Inc.                                               | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |     20000 | NS      | $6546200.00   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| CCO Holdings, LLC                                        | CCO Holdings, LLC                                        | CUSIP: 1248EPCS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5050350.00   | 0.36%             | 2029-09-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Calumet Specialty Products Partners, L.P.                | Calumet Specialty Products Partners, L.P.                | CUSIP: 131477AV3<br>LEI: 529900QWK0FGLES9BA18 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3002940.00   | 0.21%             | 2027-01-15      | Fixed         | 8.13%                 | Yes           |                  2 | On Loan: No      |
| Citigroup Inc.                                           | Citigroup Inc.                                           | CUSIP: 172967PA3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  10500000 | PA      | $11435211.90  | 0.81%             | 2033-11-17      | Fixed         | 6.27%                 | No            |                  2 | On Loan: No      |
| Clear Channel Outdoor Holdings, Inc.                     | Clear Channel Outdoor Holdings, Inc.                     | CUSIP: 18453HAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4000000.00   | 0.29%             | 2028-04-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: —       |
| Davita Inc.                                              | Davita Inc.                                              | CUSIP: 23918KAS7<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3401335.00   | 0.24%             | 2030-06-01      | Fixed         | 4.63%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.              | Federal National Mortgage Association, Inc.              | CUSIP: 3140XPBW8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   6756447 | PA      | $6767400.95   | 0.48%             | 2053-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Genmab A/S                                               | Genmab A/S                                               | CUSIP: 37230JAB8<br>LEI: 529900MTJPDPE4MHJ122 | Long             | DBT              | CORP              | US        |    500000 | PA      | $525155.00    | 0.04%             | 2033-12-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Treasury, United States Department of                    | Treasury, United States Department of                    | CUSIP: 91282CNG2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7500000 | PA      | $7598437.50   | 0.54%             | 2030-05-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Bank, National Association                   | Wells Fargo Bank, National Association                   | CUSIP: 95003X765<br>LEI: KB1H1DSPRFMYMCUFXT09 | Long             | SN               | CORP              | US        |     80000 | PA      | $6130312.00   | 0.44%             | 2026-04-09      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association                 | Government National Mortgage Association                 | CUSIP: 3618N5RF8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1481501 | PA      | $1497521.50   | 0.11%             | 2055-07-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| KeyBank National Association                             | KeyBank National Association                             | CUSIP: 49327V2C7<br>LEI: HUX2X73FUCYHUVH1BK78 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1497431.85   | 0.11%             | 2032-08-08      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corporation                         | Occidental Petroleum Corporation                         | CUSIP: 674599ED3<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2148963.00   | 0.15%             | 2030-09-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corporation                                | Union Pacific Corporation                                | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |     65996 | NS      | $15266194.72  | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Venture Global Plaquemines LNG, LLC                      | Venture Global Plaquemines LNG, LLC                      | CUSIP: 922966AF3<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2553950.00   | 0.18%             | 2034-06-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: —       |
| Federal Home Loan Mortgage Corporation                   | Federal Home Loan Mortgage Corporation                   | CUSIP: 3132DWHT3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   3216632 | PA      | $3274573.96   | 0.23%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Company LLC                            | Ford Motor Credit Company LLC                            | CUSIP: 345397C68<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3221038.80   | 0.23%             | 2030-03-06      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| The Southern Company                                     | The Southern Company                                     | CUSIP: 842587842<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EP               | CORP              | US        |     55000 | NS      | $2769800.00   | 0.20%             | 2028-12-15      | Fixed         | 7.13%                 | No            |                  1 | On Loan: No      |
| TransDigm Inc.                                           | TransDigm Inc.                                           | CUSIP: 893647BV8<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5193600.00   | 0.37%             | 2032-03-01      | Fixed         | 6.63%                 | Yes           |                  2 | On Loan: No      |
| Wells Fargo Bank, National Association                   | Wells Fargo Bank, National Association                   | CUSIP: 95003X880<br>LEI: KB1H1DSPRFMYMCUFXT09 | Long             | SN               | CORP              | US        |     70000 | PA      | $6731858.00   | 0.48%             | 2026-02-25      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Medtronic, Inc.                                          | Medtronic, Inc.                                          | CUSIP: N/A<br>LEI: D56MRZY2INAN94ZONZ37       | Long             | EC               | CORP              | IE        |     50000 | NS      | $4803000.00   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Clydesdale Acquisition Holdings Inc                      | Clydesdale Acquisition Holdings Inc                      | CUSIP: 18972FAF9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     20706 | PA      | $20678.44     | 0.00%             | 2032-03-27      | Floating      | 7.03%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch S.A.                                       | Merrill Lynch S.A.                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | SN               | CORP              | US        |     10000 | PA      | $3293310.00   | 0.23%             | 2026-07-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| ArcelorMittal                                            | ArcelorMittal                                            | CUSIP: 03938LBF0<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6721114.20   | 0.48%             | 2032-11-29      | Fixed         | 6.80%                 | No            |                  2 | On Loan: —       |
| Celanese US Holdings LLC                                 | Celanese US Holdings LLC                                 | CUSIP: 15089QAM6<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4116740.40   | 0.29%             | 2027-07-15      | Fixed         | 6.67%                 | No            |                  2 | On Loan: —       |
| Clydesdale Acquisition Holdings, Inc.                    | Clydesdale Acquisition Holdings, Inc.                    | CUSIP: 18972EAD7<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2053580.00   | 0.15%             | 2032-04-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Shell PLC                                                | Shell PLC                                                | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |    150000 | NS      | $11022000.00  | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| General Motors Company                                   | General Motors Company                                   | CUSIP: 37045VAZ3<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2613861.25   | 0.19%             | 2032-10-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| American Airlines, Inc.                                  | American Airlines, Inc.                                  | CUSIP: 00253XAA9<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | DBT              | CORP              | US        |   1666667 | PA      | $1670835.11   | 0.12%             | 2026-04-20      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Ardagh Group S.A.                                        | Ardagh Group S.A.                                        | CUSIP: 03969UAA4<br>LEI: 6354006L1NWUUOPYX274 | Long             | DBT              | CORP              | US        |   4278000 | PA      | $3930412.50   | 0.28%             | 2030-12-01      | Fixed         | 11.00%                | Yes           |                  2 | On Loan: No      |
| UBS AG                                                   | UBS AG                                                   | CUSIP: 90304M253<br>LEI: BFM8T61CT2L1QCEMIK50 | Long             | SN               | CORP              | US        |     15433 | PA      | $4153313.53   | 0.30%             | 2026-07-13      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Venture Global Plaquemines LNG, LLC                      | Venture Global Plaquemines LNG, LLC                      | CUSIP: 922966AB2<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4927500.00   | 0.35%             | 2035-05-01      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Clydesdale Acquisition Holdings Inc                      | Clydesdale Acquisition Holdings Inc                      | CUSIP: 18972FAE2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1471312 | PA      | $1469340.93   | 0.10%             | 2032-03-27      | Floating      | 7.17%                 | No            |                  2 | On Loan: No      |
| The PNC Financial Services Group, Inc.                   | The PNC Financial Services Group, Inc.                   | CUSIP: 693475BJ3<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4323043.20   | 0.31%             | 2033-10-28      | Fixed         | 6.04%                 | No            |                  2 | On Loan: No      |
| Treasury, United States Department of                    | Treasury, United States Department of                    | CUSIP: 912803HF3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  75000000 | PA      | $18184567.50  | 1.30%             | 2054-11-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                             | Barclays PLC                                             | CUSIP: 06738ECE3<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5719706.50   | 0.41%             | 2033-11-02      | Fixed         | 7.44%                 | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                                        | Barclays Bank PLC                                        | CUSIP: 06748N491<br>LEI: G5GSEF7VJP5I7OUK5573 | Long             | SN               | CORP              | US        |     25000 | PA      | $5486225.00   | 0.39%             | 2026-03-25      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Carnival Corporation                                     | Carnival Corporation                                     | CUSIP: 143658CA8<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5131250.00   | 0.37%             | 2032-08-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc., The                           | Goldman Sachs Group, Inc., The                           | CUSIP: 38141GA53<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   8000000 | PA      | $8927983.20   | 0.64%             | 2034-10-24      | Fixed         | 6.56%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                     | JPMorgan Chase & Co.                                     | CUSIP: 48128AAJ2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2075384.40   | 0.15%             | 2500-12-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| United Airlines Pass Through Certificates, Series 2015-1 | United Airlines Pass Through Certificates, Series 2015-1 | CUSIP: 90932LAJ6<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | ABS-CBDO         | CORP              | US        |   2798913 | PA      | $2923053.25   | 0.21%             | 2036-01-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank, The                               | Toronto-Dominion Bank, The                               | CUSIP: 89112B103<br>LEI: PT3QB789TSUIDF371261 | Long             | SN               | CORP              | US        |     40000 | PA      | $3811540.00   | 0.27%             | 2026-06-30      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| BNP Paribas Issuance B.V.                                | BNP Paribas Issuance B.V.                                | CUSIP: N/A<br>LEI: 7245009UXRIGIRYOBR48       | Long             | SN               | CORP              | US        |     21500 | PA      | $2000231.00   | 0.14%             | 2026-10-07      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| Caesars Entertainment, Inc.                              | Caesars Entertainment, Inc.                              | CUSIP: 12769GAC4<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2558575.00   | 0.18%             | 2032-02-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: —       |
| International Paper Company                              | International Paper Company                              | CUSIP: 460146103<br>LEI: 824LMFJDH41EY779Q875 | Long             | EC               | CORP              | US        |     65000 | NS      | $2560350.00   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                                           | Morgan Stanley                                           | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |     50000 | NS      | $8876500.00   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| JH North America Holdings Inc.                           | JH North America Holdings Inc.                           | CUSIP: 76954LAD1<br>LEI: 254900A6FXA0D81TL967 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1474845.00   | 0.11%             | 2031-01-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| MPH Acquisition Holdings LLC                             | MPH Acquisition Holdings LLC                             | CUSIP: 55328HAP6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    891190 | PA      | $891635.25    | 0.06%             | 2030-12-31      | Floating      | 7.59%                 | No            |                  2 | On Loan: No      |
| Williams Companies, Inc., The                            | Williams Companies, Inc., The                            | CUSIP: 969457CJ7<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |   4400000 | PA      | $4629498.72   | 0.33%             | 2033-03-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Calumet Specialty Products Partners, L.P.                | Calumet Specialty Products Partners, L.P.                | CUSIP: 131477AX9<br>LEI: 529900QWK0FGLES9BA18 | Long             | DBT              | CORP              | US        |   4800000 | PA      | $4920000.00   | 0.35%             | 2029-07-15      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| Cleveland-Cliffs Inc.                                    | Cleveland-Cliffs Inc.                                    | CUSIP: 18589GAA3<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2613900.00   | 0.19%             | 2034-01-15      | Fixed         | 7.63%                 | Yes           |                  2 | On Loan: No      |
| Home Depot, Inc. , The                                   | Home Depot, Inc. , The                                   | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |     35000 | NS      | $12043500.00  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy, Inc.                                     | NextEra Energy, Inc.                                     | CUSIP: 65339F101<br>LEI: TWQ1WATU9P8ZBX9T3I54 | Long             | EC               | CORP              | US        |    175000 | NS      | $14049000.00  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corporation                                       | Oracle Corporation                                       | CUSIP: 68389XCJ2<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2085829.80   | 0.15%             | 2032-11-09      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Structured Products B.V.                     | J.P. Morgan Structured Products B.V.                     | CUSIP: N/A<br>LEI: XZYUUT6IYN31D9K77X08       | Long             | SN               | CORP              | US        |     18000 | PA      | $4081662.00   | 0.29%             | 2027-01-11      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                   | Federal Home Loan Mortgage Corporation                   | CUSIP: 3132DWNX7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   3546357 | PA      | $3596938.74   | 0.26%             | 2055-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch S.A.                                       | Merrill Lynch S.A.                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | SN               | CORP              | US        |     48372 | PA      | $4957162.56   | 0.35%             | 2026-08-28      | Fixed         | 12.50%                | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.              | Federal National Mortgage Association, Inc.              | CUSIP: 31418ER77<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   6729996 | PA      | $6741432.52   | 0.48%             | 2053-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.              | Federal National Mortgage Association, Inc.              | CUSIP: 31418FNK9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   3720340 | PA      | $3818635.29   | 0.27%             | 2055-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| R. R. Donnelley & Sons Company                           | R. R. Donnelley & Sons Company                           | CUSIP: 257867BJ9<br>LEI: SU4X0P4WWRGOQDTSV032 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2070980.00   | 0.15%             | 2029-08-01      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| Univision Communications Inc.                            | Univision Communications Inc.                            | CUSIP: 914906BA9<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1610325.00   | 0.11%             | 2032-08-01      | Fixed         | 9.38%                 | Yes           |                  2 | On Loan: No      |
| Opal Bidco SAS                                           | Opal Bidco SAS                                           | CUSIP: F7000QAC5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2000000 | PA      | $2010620.00   | 0.14%             | 2032-04-28      | Floating      | 6.90%                 | No            |                  2 | On Loan: No      |
| International Business Machines Corporation              | International Business Machines Corporation              | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |     17000 | NS      | $5035570.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Venture Global Plaquemines LNG, LLC                      | Venture Global Plaquemines LNG, LLC                      | CUSIP: 922966AE6<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1527315.00   | 0.11%             | 2030-12-15      | Fixed         | 6.13%                 | Yes           |                  2 | On Loan: No      |
| HCA Inc.                                                 | HCA Inc.                                                 | CUSIP: 404119CQ0<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   8500000 | PA      | $8843167.95   | 0.63%             | 2033-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Mauser Packaging Solutions Holding Company               | Mauser Packaging Solutions Holding Company               | CUSIP: 57763RAF4<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4799300.00   | 0.34%             | 2030-04-15      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: —       |
| Occidental Petroleum Corporation                         | Occidental Petroleum Corporation                         | CUSIP: 674599EL5<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2036404.40   | 0.15%             | 2034-10-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: —       |
| Opal Bidco SAS                                           | Opal Bidco SAS                                           | CUSIP: 68348BAA1<br>LEI: 969500R96XT7XY2UJ564 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2043540.00   | 0.15%             | 2032-03-31      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Treasury, United States Department of                    | Treasury, United States Department of                    | CUSIP: 91282CNF4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7500000 | PA      | $7604883.00   | 0.54%             | 2032-05-31      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Community Health Systems, Inc.                           | Community Health Systems, Inc.                           | CUSIP: 12543DBQ2<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1050060.00   | 0.07%             | 2034-01-15      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| CVS Health Corporation                                   | CVS Health Corporation                                   | CUSIP: 126650DU1<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3605372.40   | 0.26%             | 2033-02-21      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Coreweave, Inc.                                          | Coreweave, Inc.                                          | CUSIP: 21873SAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $911560.00    | 0.06%             | 2031-02-01      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                   | Federal Home Loan Mortgage Corporation                   | CUSIP: 3132DWMY6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   7038967 | PA      | $7141564.29   | 0.51%             | 2054-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Mizuho Markets Cayman LP                                 | Mizuho Markets Cayman LP                                 | CUSIP: 60701B523<br>LEI: 549300KHUXLS6Q30KT26 | Long             | SN               | CORP              | US        |     10000 | PA      | $6339940.00   | 0.45%             | 2026-12-07      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| PepsiCo, Inc.                                            | PepsiCo, Inc.                                            | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |    150000 | NS      | $21528000.00  | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Venture Global LNG, Inc.                                 | Venture Global LNG, Inc.                                 | CUSIP: 92332YAA9<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4547250.00   | 0.32%             | 2028-06-01      | Fixed         | 8.13%                 | Yes           |                  2 | On Loan: No      |
| Calpine Corporation                                      | Calpine Corporation                                      | CUSIP: 131347CN4<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4987500.00   | 0.36%             | 2028-03-15      | Fixed         | 5.13%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                   | Federal Home Loan Mortgage Corporation                   | CUSIP: 3132DWNK5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   2238555 | PA      | $2270483.33   | 0.16%             | 2055-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.              | Federal National Mortgage Association, Inc.              | CUSIP: 31418FED5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   3037574 | PA      | $3081848.03   | 0.22%             | 2054-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Company LLC                            | Ford Motor Credit Company LLC                            | CUSIP: 345397C27<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4015398.00   | 0.29%             | 2027-05-28      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                             | Barclays PLC                                             | CUSIP: 06738ECA1<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | US        |   8500000 | PA      | $8932883.75   | 0.64%             | 2033-08-09      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                 | Government National Mortgage Association                 | CUSIP: 3618N53Y3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3500000 | PA      | $3543591.10   | 0.25%             | 2055-12-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                 | Government National Mortgage Association                 | CUSIP: 3618N5PK9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2203024 | PA      | $2247103.20   | 0.16%             | 2055-06-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Honeywell International Inc.                             | Honeywell International Inc.                             | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |     22995 | NS      | $4486094.55   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Tronox Incorporated                                      | Tronox Incorporated                                      | CUSIP: 897051AC2<br>LEI: 549300EPZ4YXC7E5P181 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $4200000.00   | 0.30%             | 2029-03-15      | Fixed         | 4.63%                 | Yes           |                  2 | On Loan: —       |
| Johnson & Johnson                                        | Johnson & Johnson                                        | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |    160000 | NS      | $33112000.00  | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co., Inc.                                        | Merck & Co., Inc.                                        | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |    225000 | NS      | $23683500.00  | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| United Airlines Pass Through Trust 2020-1A               | United Airlines Pass Through Trust 2020-1A               | CUSIP: 90931GAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1530262 | PA      | $1564813.99   | 0.11%             | 2027-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| XCEL Energy Inc.                                         | XCEL Energy Inc.                                         | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |     63000 | NS      | $4653180.00   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International Public Limited Company    | Johnson Controls International Public Limited Company    | CUSIP: N/A<br>LEI: 549300XQ6S1GYKGBL205       | Long             | EC               | CORP              | IE        |     50000 | NS      | $5987500.00   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Alcoa Nederland Holding B.V.                             | Alcoa Nederland Holding B.V.                             | CUSIP: 013822AG6<br>LEI: 5493000UL1QLQLT1VQ42 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1958760.00   | 0.14%             | 2029-03-31      | Fixed         | 4.13%                 | Yes           |                  2 | On Loan: —       |
| Mozart Debt Merger Sub Inc.                              | Mozart Debt Merger Sub Inc.                              | CUSIP: 62482BAA0<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3905500.00   | 0.28%             | 2029-04-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Ares Management Corporation                              | Ares Management Corporation                              | CUSIP: 03990B309<br>LEI: 529900JUV61FH7B8VW38 | Long             | EP               | CORP              | US        |     25000 | NS      | $1260000.00   | 0.09%             | 2027-10-01      | Fixed         | 6.75%                 | No            |                  1 | On Loan: No      |
| Caterpillar Inc.                                         | Caterpillar Inc.                                         | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |      5000 | NS      | $2864350.00   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Mizuho Markets Cayman LP                                 | Mizuho Markets Cayman LP                                 | CUSIP: 60701E485<br>LEI: 549300KHUXLS6Q30KT26 | Long             | SN               | CORP              | US        |     47580 | PA      | $6368773.32   | 0.45%             | 2026-11-09      | Fixed         | 12.00%                | Yes           |                  2 | On Loan: No      |
| Morgan Stanley                                           | Morgan Stanley                                           | CUSIP: 61747YFE0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4120614.40   | 0.29%             | 2034-04-21      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Tenet Healthcare Corporation                             | Tenet Healthcare Corporation                             | CUSIP: 88033GDV9<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2568325.00   | 0.18%             | 2033-11-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Chevron Corporation                                      | Chevron Corporation                                      | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    185000 | NS      | $28195850.00  | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems, Inc.                                      | Cisco Systems, Inc.                                      | CUSIP: 17275R102<br>LEI: 8E6NF1YAL0WT6CWXXV93 | Long             | EC               | CORP              | US        |    225000 | NS      | $17331750.00  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Fertitta Entertainment LLC                               | Fertitta Entertainment LLC                               | CUSIP: 31556TAA7<br>LEI: 984500A0805D8V551D35 | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1554000.00   | 0.11%             | 2029-01-15      | Fixed         | 4.63%                 | Yes           |                  2 | On Loan: No      |
| Freeport-McMoRan Inc.                                    | Freeport-McMoRan Inc.                                    | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |     99811 | NS      | $5069400.69   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Matador Resources Company                                | Matador Resources Company                                | CUSIP: 576485AH9<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1498035.00   | 0.11%             | 2033-04-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley                                           | Morgan Stanley                                           | CUSIP: 61747YEY7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2192258.60   | 0.16%             | 2033-10-18      | Fixed         | 6.34%                 | No            |                  2 | On Loan: No      |
| NRG Energy, Inc.                                         | NRG Energy, Inc.                                         | CUSIP: 629377CY6<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   9000000 | PA      | $9022500.00   | 0.64%             | 2029-07-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Treasury, United States Department of                    | Treasury, United States Department of                    | CUSIP: 912810TR9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  14000000 | PA      | $11354218.40  | 0.81%             | 2053-05-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Vistra Operations Company LLC                            | Vistra Operations Company LLC                            | CUSIP: 92840VAP7<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2648750.00   | 0.19%             | 2031-10-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association                 | Government National Mortgage Association                 | CUSIP: 3618N5PJ2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2232386 | PA      | $2255829.87   | 0.16%             | 2055-06-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| American Airlines, Inc.                                  | American Airlines, Inc.                                  | CUSIP: 00253XAB7<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4067996.00   | 0.29%             | 2029-04-20      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: —       |
| Community Health Systems, Inc.                           | Community Health Systems, Inc.                           | CUSIP: 12543DBJ8<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |  12847000 | PA      | $11433830.00  | 0.81%             | 2029-04-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: —       |
| General Motors Company                                   | General Motors Company                                   | CUSIP: 37045VAP5<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $5779977.60   | 0.41%             | 2038-04-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Herc Holdings Inc.                                       | Herc Holdings Inc.                                       | CUSIP: 42704LAF1<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1314725.00   | 0.09%             | 2030-06-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                     | JPMorgan Chase & Co.                                     | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     25000 | NS      | $8055500.00   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| JetBlue Airways Corporation                              | JetBlue Airways Corporation                              | CUSIP: 476920AA1<br>LEI: 54930070J9H97ZO93T57 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3526250.00   | 0.25%             | 2031-09-20      | Fixed         | 9.88%                 | Yes           |                  2 | On Loan: No      |
| Kinder Morgan Kansas, Inc.                               | Kinder Morgan Kansas, Inc.                               | CUSIP: 494553AE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4133114.00   | 0.29%             | 2034-02-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Mizuho Markets Cayman LP                                 | Mizuho Markets Cayman LP                                 | CUSIP: 60701E352<br>LEI: 549300KHUXLS6Q30KT26 | Long             | SN               | CORP              | US        |     17600 | PA      | $5347038.40   | 0.38%             | 2026-06-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Procter & Gamble Company, The                            | Procter & Gamble Company, The                            | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |    115000 | NS      | $16480650.00  | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Global Markets Holdings Inc.                   | Citigroup Global Markets Holdings Inc.                   | CUSIP: N/A<br>LEI: 82VOJDD5PTRDMVVMGV31       | Long             | SN               | CORP              | US        |     13000 | PA      | $3506373.00   | 0.25%             | 2026-08-21      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Boeing Company, The                                      | Boeing Company, The                                      | CUSIP: 097023CY9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3084707.10   | 0.22%             | 2030-05-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| NRG Energy, Inc.                                         | NRG Energy, Inc.                                         | CUSIP: 629377DD1<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3040110.00   | 0.22%             | 2036-01-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Royal Bank of Canada                                     | Royal Bank of Canada                                     | CUSIP: N/A<br>LEI: ES7IP3U3RHIGC71XBU11       | Long             | SN               | CORP              | US        |     15000 | PA      | $2682945.00   | 0.19%             | 2026-07-21      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Clydesdale Acquisition Holdings Inc                      | Clydesdale Acquisition Holdings Inc                      | CUSIP: 18972FAF9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      3523 | PA      | $3517.84      | 0.00%             | 2032-03-27      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Calumet Specialty Products Partners, L.P.                | Calumet Specialty Products Partners, L.P.                | CUSIP: 131477AY7<br>LEI: 529900QWK0FGLES9BA18 | Long             | DBT              | CORP              | US        |   2156000 | PA      | $2164085.00   | 0.15%             | 2026-04-15      | Fixed         | 11.00%                | Yes           |                  2 | On Loan: No      |
| X Corp.                                                  | X Corp.                                                  | CUSIP: 90184NAG3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3473214 | PA      | $3408716.70   | 0.24%             | 2029-10-27      | Floating      | 10.45%                | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                   | Federal Home Loan Mortgage Corporation                   | CUSIP: 3142J6BU6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   2069070 | PA      | $2123898.32   | 0.15%             | 2055-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                 | Government National Mortgage Association                 | CUSIP: 3618N5RG6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1475534 | PA      | $1505633.74   | 0.11%             | 2055-07-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Hilcorp Energy I, L.P.                                   | Hilcorp Energy I, L.P.                                   | CUSIP: 431318BG8<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1900060.00   | 0.14%             | 2035-02-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                     | JPMorgan Chase & Co.                                     | CUSIP: 46647PDY9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1647927.75   | 0.12%             | 2034-10-23      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Newell Brands Inc.                                       | Newell Brands Inc.                                       | CUSIP: 651229BG0<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1570545.00   | 0.11%             | 2028-06-01      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Pilgrim's Pride Corporation                              | Pilgrim's Pride Corporation                              | CUSIP: 72147KAK4<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4810824.00   | 0.34%             | 2033-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank, The                               | Toronto-Dominion Bank, The                               | CUSIP: 89116B653<br>LEI: PT3QB789TSUIDF371261 | Long             | SN               | CORP              | US        |     88767 | PA      | $7493133.15   | 0.53%             | 2026-01-12      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Truist Financial Corporation                             | Truist Financial Corporation                             | CUSIP: 89788NAA8<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2012742.40   | 0.14%             | 2033-07-28      | Fixed         | 4.92%                 | No            |                  2 | On Loan: No      |
| LyondellBasell Industries N.V.                           | LyondellBasell Industries N.V.                           | CUSIP: N/A<br>LEI: BN6WCCZ8OVP3ITUUVN49       | Long             | EC               | CORP              | US        |     56000 | NS      | $2424800.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices, Inc.                                     | Analog Devices, Inc.                                     | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |     17000 | NS      | $4610400.00   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| CommScope, LLC.                                          | CommScope, LLC.                                          | CUSIP: 20338MAA0<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6060000.00   | 0.43%             | 2031-12-15      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: —       |
| Fertitta Entertainment LLC                               | Fertitta Entertainment LLC                               | CUSIP: 31556TAC3<br>LEI: 984500A0805D8V551D35 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2844810.00   | 0.20%             | 2030-01-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| JPMorgan Chase Bank, National Association                | JPMorgan Chase Bank, National Association                | CUSIP: 4662AA521<br>LEI: 7H6GLXDRUGQFU57RNE97 | Long             | SN               | CORP              | US        |     23000 | PA      | $4534519.00   | 0.32%             | 2026-01-22      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Mauser Packaging Solutions Holding Company               | Mauser Packaging Solutions Holding Company               | CUSIP: 57763RAE7<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4981800.00   | 0.35%             | 2030-04-15      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley                                           | Morgan Stanley                                           | CUSIP: 61747YFJ9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2796981.00   | 0.20%             | 2034-11-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Micron Technology, Inc.                                  | Micron Technology, Inc.                                  | CUSIP: 595112BZ5<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1064404.60   | 0.08%             | 2033-02-09      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| Toronto-Dominion Bank, The                               | Toronto-Dominion Bank, The                               | CUSIP: 89112B194<br>LEI: PT3QB789TSUIDF371261 | Long             | SN               | CORP              | US        |     35984 | PA      | $6237790.42   | 0.44%             | 2026-11-25      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| United Parcel Service, Inc.                              | United Parcel Service, Inc.                              | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |     50500 | NS      | $5009095.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Ardagh Group S.A.                                        | Ardagh Group S.A.                                        | CUSIP: 985923101<br>LEI: 6354006L1NWUUOPYX274 | Long             | EC               | CORP              | LU        |    130000 | NS      | $1082112.40   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| BNP Paribas Issuance B.V.                                | BNP Paribas Issuance B.V.                                | CUSIP: N/A<br>LEI: 7245009UXRIGIRYOBR48       | Long             | SN               | CORP              | US        |     50000 | PA      | $8814350.00   | 0.63%             | 2026-07-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Boeing Company, The                                      | Boeing Company, The                                      | CUSIP: 097023204<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EP               | CORP              | US        |    110000 | NS      | $7596600.00   | 0.54%             | 2027-10-15      | Fixed         | 6.00%                 | No            |                  1 | On Loan: No      |
| DexKo Global Inc.                                        | DexKo Global Inc.                                        | CUSIP: 25830JAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6215000 | PA      | $5375167.05   | 0.38%             | 2029-10-15      | Fixed         | 6.63%                 | Yes           |                  2 | On Loan: —       |
| Wells Fargo & Company                                    | Wells Fargo & Company                                    | CUSIP: 95000U3F8<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6300465.60   | 0.45%             | 2034-07-25      | Fixed         | 5.56%                 | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                                        | Barclays Bank PLC                                        | CUSIP: 06748N863<br>LEI: G5GSEF7VJP5I7OUK5573 | Long             | SN               | CORP              | US        |    100000 | PA      | $6288680.00   | 0.45%             | 2026-10-05      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| FMG Resources (August 2006) Pty Ltd                      | FMG Resources (August 2006) Pty Ltd                      | CUSIP: 30251GBC0<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2893020.00   | 0.21%             | 2031-04-01      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| UBS AG                                                   | UBS AG                                                   | CUSIP: 90301T830<br>LEI: BFM8T61CT2L1QCEMIK50 | Long             | SN               | CORP              | US        |    300000 | PA      | $15515250.00  | 1.11%             | 2026-01-28      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                           | Citigroup Inc.                                           | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |     25000 | NS      | $2917250.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                   | Federal Home Loan Mortgage Corporation                   | CUSIP: 3132DWMX8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |  11711647 | PA      | $11697695.87  | 0.83%             | 2054-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ford Motor Company                                       | Ford Motor Company                                       | CUSIP: 345370DA5<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3087156.45   | 0.22%             | 2032-02-12      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Philip Morris International Inc.                         | Philip Morris International Inc.                         | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |     30000 | NS      | $4812000.00   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| TransDigm Inc.                                           | TransDigm Inc.                                           | CUSIP: 893647CA3<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1040860.00   | 0.07%             | 2034-01-31      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Wells Fargo Bank, National Association                   | Wells Fargo Bank, National Association                   | CUSIP: 95004P449<br>LEI: KB1H1DSPRFMYMCUFXT09 | Long             | SN               | CORP              | US        |     37142 | PA      | $3041398.67   | 0.22%             | 2026-10-22      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| UBS AG                                                   | UBS AG                                                   | CUSIP: N/A<br>LEI: BFM8T61CT2L1QCEMIK50       | Long             | SN               | CORP              | US        |     60000 | PA      | $4422120.00   | 0.32%             | 2026-05-14      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| United Rentals (North America), Inc.                     | United Rentals (North America), Inc.                     | CUSIP: 911365BG8<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $5986200.00   | 0.43%             | 2028-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Treasury, United States Department of                    | Treasury, United States Department of                    | CUSIP: 912797RK5<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  10000000 | PA      | $9973450.00   | 0.71%             | 2026-01-29      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch S.A.                                       | Merrill Lynch S.A.                                       | CUSIP: 59028A127<br>LEI: N/A                  | Long             | SN               | CORP              | US        |    145266 | PA      | $3723211.16   | 0.27%             | 2026-09-21      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Scih Salt Holdings Inc.                                  | Scih Salt Holdings Inc.                                  | CUSIP: 78433BAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3300000 | PA      | $3291816.00   | 0.23%             | 2028-05-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Treasury, United States Department of                    | Treasury, United States Department of                    | CUSIP: 912810UE6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5000000 | PA      | $4728711.00   | 0.34%             | 2054-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Comcast Corporation                                      | Comcast Corporation                                      | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |    175000 | NS      | $5230750.00   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Government National Mortgage Association                 | Government National Mortgage Association                 | CUSIP: 3618N5MQ9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3227146 | PA      | $3260531.42   | 0.23%             | 2055-05-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Weatherford International Ltd                            | Weatherford International Ltd                            | CUSIP: 947075AW7<br>LEI: 549300A2JKMG5PGOGF82 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1533960.00   | 0.11%             | 2033-10-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Citigroup Global Markets Holdings Inc.                   | Citigroup Global Markets Holdings Inc.                   | CUSIP: 17332B132<br>LEI: 82VOJDD5PTRDMVVMGV31 | Long             | SN               | CORP              | US        |      7000 | PA      | $2337132.00   | 0.17%             | 2026-01-27      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Genmab A/S                                               | Genmab A/S                                               | CUSIP: 37230JAA0<br>LEI: 529900MTJPDPE4MHJ122 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1537380.00   | 0.11%             | 2032-12-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| American Airlines, Inc.                                  | American Airlines, Inc.                                  | CUSIP: 023771T40<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2609377.00   | 0.19%             | 2029-05-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: —       |
| Asurion LLC                                              | Asurion LLC                                              | CUSIP: 045941AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2072500.00   | 0.15%             | 2032-12-31      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| B.A.T Capital Corporation                                | B.A.T Capital Corporation                                | CUSIP: 054989AB4<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |   2850000 | PA      | $3145712.87   | 0.22%             | 2033-08-02      | Fixed         | 6.42%                 | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                                        | Barclays Bank PLC                                        | CUSIP: 06748N327<br>LEI: 213800LBQA1Y9L22JB70 | Long             | SN               | CORP              | US        |     30500 | PA      | $2981375.00   | 0.21%             | 2026-01-02      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                   | Federal Home Loan Mortgage Corporation                   | CUSIP: 3132DWJR5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   3191746 | PA      | $3247244.30   | 0.23%             | 2053-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Millrose Properties, Inc.                                | Millrose Properties, Inc.                                | CUSIP: 601137AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1534170.00   | 0.11%             | 2030-08-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Rain Carbon Inc.                                         | Rain Carbon Inc.                                         | CUSIP: 75079LAB7<br>LEI: 25490038N6JQH7QXUK52 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4682205.00   | 0.33%             | 2029-09-01      | Fixed         | 12.25%                | Yes           |                  2 | On Loan: —       |
| TotalEnergies SE                                         | TotalEnergies SE                                         | CUSIP: N/A<br>LEI: 529900S21EQ1BO4ESM68       | Long             | EC               | CORP              | FR        |     40000 | NS      | $2616800.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: —       |
| Barclays Bank PLC                                        | Barclays Bank PLC                                        | CUSIP: N/A<br>LEI: G5GSEF7VJP5I7OUK5573       | Long             | SN               | CORP              | US        |     39500 | PA      | $5887593.50   | 0.42%             | 2026-09-08      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Coca-Cola Company, The                                   | Coca-Cola Company, The                                   | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |    150000 | NS      | $10486500.00  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Halliburton Company                                      | Halliburton Company                                      | CUSIP: 406216101<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | EC               | CORP              | US        |     60000 | NS      | $1695600.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp.                                             | Vistra Corp.                                             | CUSIP: 92840MAB8<br>LEI: 549300KP43CPCUJOOG15 | Long             | DBT              | CORP              | US        |   8000000 | PA      | $8165760.00   | 0.58%             | 2500-12-31      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Fifth Third Bancorp                                      | Fifth Third Bancorp                                      | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |     75000 | NS      | $3510750.00   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Cleveland-Cliffs Inc.                                    | Cleveland-Cliffs Inc.                                    | CUSIP: 185899AR2<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2080000.00   | 0.15%             | 2033-05-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| Merrill Lynch S.A.                                       | Merrill Lynch S.A.                                       | CUSIP: 59027W328<br>LEI: N/A                  | Long             | SN               | CORP              | US        |     15000 | PA      | $6667545.00   | 0.48%             | 2026-03-09      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Organon & Co.                                            | Organon & Co.                                            | CUSIP: 68622FAB7<br>LEI: 549300AMCKY57OK2CO56 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1207530.00   | 0.09%             | 2034-05-15      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: —       |
| Federal National Mortgage Association, Inc.              | Federal National Mortgage Association, Inc.              | CUSIP: 3140QBMZ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    478881 | PA      | $462573.16    | 0.03%             | 2049-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch S.A.                                       | Merrill Lynch S.A.                                       | CUSIP: 59028A119<br>LEI: N/A                  | Long             | SN               | CORP              | US        |     14148 | PA      | $4607904.56   | 0.33%             | 2026-09-25      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Air Products and Chemicals, Inc.                         | Air Products and Chemicals, Inc.                         | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | EC               | CORP              | US        |     25000 | NS      | $6175500.00   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                   | Federal Home Loan Mortgage Corporation                   | CUSIP: 3132DWG80<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   6770639 | PA      | $6785848.01   | 0.48%             | 2053-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JBS USA Food Company                                     | JBS USA Food Company                                     | CUSIP: 46590XAY2<br>LEI: 549300O7SUM086E3RD66 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4174644.80   | 0.30%             | 2033-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Bank USA                                   | Goldman Sachs Bank USA                                   | CUSIP: 38151L209<br>LEI: KD3XUN7C6T14HNAYLU02 | Long             | SN               | CORP              | US        |     50000 | PA      | $3256935.00   | 0.23%             | 2026-03-31      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| U.S. Bancorp                                             | U.S. Bancorp                                             | CUSIP: 91159HJJ0<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4819350.60   | 0.34%             | 2033-10-21      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                     | JPMorgan Chase & Co.                                     | CUSIP: 48128BAQ4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3165833.40   | 0.23%             | 2500-12-31      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Nestle S.A.                                              | Nestle S.A.                                              | CUSIP: 641069406<br>LEI: KY37LUS27QQX7BB93L28 | Long             | EC               | CORP              | CH        |     80000 | NS      | $7902400.00   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Pacific Gas and Electric Company                         | Pacific Gas and Electric Company                         | CUSIP: 694308JM0<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2487425.25   | 0.18%             | 2030-07-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Wynn Las Vegas, LLC                                      | Wynn Las Vegas, LLC                                      | CUSIP: 983130AX3<br>LEI: 2549002X45DR4UI7NA62 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2007320.00   | 0.14%             | 2027-05-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| McDonald's Corporation                                   | McDonald's Corporation                                   | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |     15000 | NS      | $4584450.00   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenet Healthcare Corporation                             | Tenet Healthcare Corporation                             | CUSIP: 88033GDQ0<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |  20000000 | PA      | $20448200.00  | 1.46%             | 2030-06-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| EMRLD Borrower LP                                        | EMRLD Borrower LP                                        | CUSIP: 29103CAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2082500.00   | 0.15%             | 2030-12-15      | Fixed         | 6.63%                 | Yes           |                  2 | On Loan: No      |
| Weatherford International Ltd                            | Weatherford International Ltd                            | CUSIP: 947075AU1<br>LEI: 549300A2JKMG5PGOGF82 | Long             | DBT              | CORP              | US        |   2422000 | PA      | $2480152.22   | 0.18%             | 2030-04-30      | Fixed         | 8.63%                 | Yes           |                  2 | On Loan: No      |
| Wells Fargo Bank, National Association                   | Wells Fargo Bank, National Association                   | CUSIP: 95003X377<br>LEI: KB1H1DSPRFMYMCUFXT09 | Long             | SN               | CORP              | US        |     17000 | PA      | $4463248.00   | 0.32%             | 2026-06-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| NextEra Energy, Inc.                                     | NextEra Energy, Inc.                                     | CUSIP: 65339F119<br>LEI: TWQ1WATU9P8ZBX9T3I54 | Long             | EP               | CORP              | US        |    150000 | NS      | $7312500.00   | 0.52%             | 2027-11-01      | Fixed         | 7.23%                 | No            |                  1 | On Loan: No      |
| Treasury, United States Department of                    | Treasury, United States Department of                    | CUSIP: 91282CEP2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5000000 | PA      | $4717187.50   | 0.34%             | 2032-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Venture Global LNG, Inc.                                 | Venture Global LNG, Inc.                                 | CUSIP: 92332YAF8<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   7500000 | PA      | $5925000.00   | 0.42%             | 2500-12-31      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Merrill Lynch S.A.                                       | Merrill Lynch S.A.                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | SN               | CORP              | US        |    150000 | PA      | $4515450.00   | 0.32%             | 2026-06-22      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Company, Inc.                   | General Motors Financial Company, Inc.                   | CUSIP: 37045XED4<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3780538.30   | 0.27%             | 2033-01-09      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| Qnity Electronics, Inc.                                  | Qnity Electronics, Inc.                                  | CUSIP: 74743LAB6<br>LEI: 254900RSUG4J9TFFZX53 | Long             | DBT              | CORP              | US        |    750000 | PA      | $777750.00    | 0.06%             | 2033-08-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association                 | Government National Mortgage Association                 | CUSIP: 3618N5MR7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1569510 | PA      | $1598951.57   | 0.11%             | 2055-05-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Mizuho Markets Cayman LP                                 | Mizuho Markets Cayman LP                                 | CUSIP: 60701B747<br>LEI: 549300KHUXLS6Q30KT26 | Long             | SN               | CORP              | US        |     20000 | PA      | $9587220.00   | 0.68%             | 2027-01-11      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| United Airlines Pass Through Certificates, Series 2015-1 | United Airlines Pass Through Certificates, Series 2015-1 | CUSIP: 90932LAH0<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3980789.60   | 0.28%             | 2029-04-15      | Fixed         | 4.63%                 | Yes           |                  2 | On Loan: No      |
| Albemarle Corporation                                    | Albemarle Corporation                                    | CUSIP: 012653200<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | EP               | CORP              | US        |    225000 | NS      | $13362750.00  | 0.95%             | 2027-03-01      | Fixed         | 7.25%                 | No            |                  1 | On Loan: No      |
| CCO Holdings, LLC                                        | CCO Holdings, LLC                                        | CUSIP: 1248EPBX0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4952950.00   | 0.35%             | 2028-02-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Community Health Systems, Inc.                           | Community Health Systems, Inc.                           | CUSIP: 12543DBN9<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |  21834000 | PA      | $23847531.48  | 1.70%             | 2032-01-15      | Fixed         | 10.88%                | Yes           |                  2 | On Loan: No      |
| Duke Energy Corporation                                  | Duke Energy Corporation                                  | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |     70000 | NS      | $8204700.00   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                                           | ConocoPhillips                                           | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |     75000 | NS      | $7020750.00   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Par Health, Inc.                                         | Par Health, Inc.                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     26986 | NS      | $236964.07    | 0.02%             |  |  |  | No            |                  3 | On Loan: No      |
| FMG Resources (August 2006) Pty Ltd                      | FMG Resources (August 2006) Pty Ltd                      | CUSIP: 30251GBD8<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3083460.00   | 0.22%             | 2030-04-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley Finance II Ltd                            | Morgan Stanley Finance II Ltd                            | CUSIP: 61772E198<br>LEI: N/A                  | Long             | SN               | CORP              | US        |     14829 | PA      | $4241123.66   | 0.30%             | 2027-04-08      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| SkyMiles IP Ltd.                                         | SkyMiles IP Ltd.                                         | CUSIP: 830867AB3<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |   5500000 | PA      | $5536598.10   | 0.39%             | 2028-10-20      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Verizon Communications Inc.                              | Verizon Communications Inc.                              | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |    120000 | NS      | $4887600.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Cleveland-Cliffs Inc.                                    | Cleveland-Cliffs Inc.                                    | CUSIP: 185899AP6<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2562025.00   | 0.18%             | 2032-03-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: —       |
| Qnity Electronics, Inc.                                  | Qnity Electronics, Inc.                                  | CUSIP: 74743LAA8<br>LEI: 254900RSUG4J9TFFZX53 | Long             | DBT              | CORP              | US        |    750000 | PA      | $767580.00    | 0.05%             | 2032-08-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| UBS AG                                                   | UBS AG                                                   | CUSIP: 90304M386<br>LEI: BFM8T61CT2L1QCEMIK50 | Long             | SN               | CORP              | US        |     14000 | PA      | $2667812.00   | 0.19%             | 2027-01-11      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| Ardagh Group S.A.                                        | Ardagh Group S.A.                                        | CUSIP: 039959AA9<br>LEI: 6354006L1NWUUOPYX274 | Long             | DBT              | CORP              | US        |   4180000 | PA      | $4531161.80   | 0.32%             | 2030-12-01      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| Caesars Entertainment, Inc.                              | Caesars Entertainment, Inc.                              | CUSIP: 12769GAD2<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3397415.00   | 0.24%             | 2032-10-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: —       |
| Dominion Energy, Inc.                                    | Dominion Energy, Inc.                                    | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EC               | CORP              | US        |    150000 | NS      | $8788529.30   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Sempra                                                   | Sempra                                                   | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |     75000 | NS      | $6621750.00   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Mallinckrodt Public Limited Company                      | Mallinckrodt Public Limited Company                      | CUSIP: N/A<br>LEI: 549300LMDE3RUP8Z3L60       | Long             | EC               | CORP              | US        |     26986 | NS      | $2382863.80   | 0.17%             |  |  |  | No            |                  3 | On Loan: No      |
| AbbVie Inc.                                              | AbbVie Inc.                                              | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     65000 | NS      | $14851850.00  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Endo Finance Holdings, Inc.                              | Endo Finance Holdings, Inc.                              | CUSIP: 29281RAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3164400.00   | 0.23%             | 2031-04-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: —       |
| JPMorgan Chase Bank, National Association                | JPMorgan Chase Bank, National Association                | CUSIP: 4662AA448<br>LEI: 7H6GLXDRUGQFU57RNE97 | Long             | SN               | CORP              | US        |    125000 | PA      | $5909000.00   | 0.42%             | 2026-03-02      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| TransDigm Inc.                                           | TransDigm Inc.                                           | CUSIP: 893647BR7<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   5300000 | PA      | $5399534.00   | 0.38%             | 2028-08-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Community Health Systems, Inc.                           | Community Health Systems, Inc.                           | CUSIP: 12543DBL3<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   8000000 | PA      | $6412080.00   | 0.46%             | 2030-04-01      | Fixed         | 6.13%                 | Yes           |                  2 | On Loan: No      |
| United Rentals (North America), Inc.                     | United Rentals (North America), Inc.                     | CUSIP: 911365BQ6<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4109585.20   | 0.29%             | 2029-12-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Commscope Finance LLC                                    | Commscope Finance LLC                                    | CUSIP: 20338QAA1<br>LEI: 254900AW4CEPCQWSRI58 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2014000.00   | 0.14%             | 2027-03-01      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Mizuho Markets Cayman LP                                 | Mizuho Markets Cayman LP                                 | CUSIP: 60701E345<br>LEI: 549300KHUXLS6Q30KT26 | Long             | SN               | CORP              | US        |     45000 | PA      | $10382490.00  | 0.74%             | 2026-05-18      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Wynn Resorts Finance, LLC                                | Wynn Resorts Finance, LLC                                | CUSIP: 983133AD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5100750.00   | 0.36%             | 2033-03-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: —       |
| The Southern Company                                     | The Southern Company                                     | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |    175000 | NS      | $15260000.00  | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Incorporated                           | Texas Instruments Incorporated                           | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |     70000 | NS      | $12144300.00  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Beach Acquisition Bidco, LLC                             | Beach Acquisition Bidco, LLC                             | CUSIP: 07337JAC1<br>LEI: 254900F2FNX3GBTB6202 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4405000.00   | 0.31%             | 2033-07-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| Cornerstone Building Brands, Inc.                        | Cornerstone Building Brands, Inc.                        | CUSIP: 13323NAA0<br>LEI: 549300IW41QEWQ6T0H29 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1164375.00   | 0.08%             | 2028-08-01      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| RTX Corporation                                          | RTX Corporation                                          | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |     45000 | NS      | $8253000.00   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Schlumberger Limited                                     | Schlumberger Limited                                     | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | US        |    224959 | NS      | $8633926.42   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-25

**Name of Applicant:** JNL Series Trust

**Signature:** Andrew Tedeschi

**Name of Signer:** Andrew Tedeschi

**Title:** Principal Financial Officer