# EDGAR Filing Document

**Accession Number:** 0001413032
**File Stem:** 0001410368-26-055058
**Filing Date:** 2026-5
**Character Count:** 657172
**Document Hash:** d748dc7c6086151caf5e8f9c485807a7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-055058.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0001410368-26-055058

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Columbia Funds Variable Series Trust II
- **CENTRAL INDEX KEY:** 0001413032

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22127
- **FILM NUMBER:** 261033058

**BUSINESS ADDRESS:**
- **STREET 1:** 290 CONGRESS STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 800-345-6611

**MAIL ADDRESS:**
- **STREET 1:** 290 CONGRESS STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** RiverSource Variable Series Trust
- **DATE OF NAME CHANGE:** 20070920

## Series and Classes Contracts Data

### Columbia Variable Portfolio - Balanced Fund (Series ID: S000019838)

| Class ID   | Class Name                                          | Ticker Symbol   |
|:---|:---|:---|
| C000055675 | Columbia Variable Portfolio - Balanced Fund Class 3 |  |
| C000143976 | Columbia Variable Portfolio - Balanced Fund Class 1 |  |
| C000143977 | Columbia Variable Portfolio - Balanced Fund Class 2 |  |

## Nport-Ex

![](imge96a74e81.jpg)

Columbia Variable Portfolio – Balanced Fund

**First Quarter Report**

March 31, 2026 (Unaudited)

Please remember that you may not buy (nor will you own) shares of the Fund directly. The Fund is available through variable annuity contracts and variable life insurance policies offered by the separate accounts of participating insurance companies as well as qualified pension and retirement plans. Please contact your financial advisor or insurance representative for more information.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Not FDIC or NCUA Insured** | **No Financial Institution Guarantee** | **May Lose Value** |

---

------

Portfolio of Investments

Columbia Variable Portfolio – Balanced Fund, March 31, 2026 (Unaudited)

(Percentages represent value of investments compared to net assets)

**Investments in securities**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
| **Asset-Backed Securities - Non-Agency 4.8%** | **Asset-Backed Securities - Non-Agency 4.8%** | **Asset-Backed Securities - Non-Agency 4.8%** | **Asset-Backed Securities - Non-Agency 4.8%** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| ACHV ABS Trust<sup>(a)</sup>  | ACHV ABS Trust<sup>(a)</sup>  | ACHV ABS Trust<sup>(a)</sup>  | ACHV ABS Trust<sup>(a)</sup>  |
| Series 2024-1PL Class A | Series 2024-1PL Class A | Series 2024-1PL Class A | Series 2024-1PL Class A |
| 04/25/2031 | &nbsp;&nbsp; 5.900% | 45052 | &nbsp;&nbsp; 45191 |
| Subordinated Series 2024-1PL Class B | Subordinated Series 2024-1PL Class B | Subordinated Series 2024-1PL Class B | Subordinated Series 2024-1PL Class B |
| 04/25/2031 | &nbsp;&nbsp; 6.340% | 118266 | &nbsp;&nbsp; 119271 |
| Affirm Asset Securitization Trust<sup>(a)</sup>  | Affirm Asset Securitization Trust<sup>(a)</sup>  | Affirm Asset Securitization Trust<sup>(a)</sup>  | Affirm Asset Securitization Trust<sup>(a)</sup>  |
| Series 2024-B Class A | Series 2024-B Class A | Series 2024-B Class A | Series 2024-B Class A |
| 09/15/2029 | &nbsp;&nbsp; 4.620% | 1500000 | &nbsp;&nbsp; 1503195 |
| American Credit Acceptance Receivables Trust<sup>(a)</sup>  | American Credit Acceptance Receivables Trust<sup>(a)</sup>  | American Credit Acceptance Receivables Trust<sup>(a)</sup>  | American Credit Acceptance Receivables Trust<sup>(a)</sup>  |
| Subordinated Series 2023-3 Class C | Subordinated Series 2023-3 Class C | Subordinated Series 2023-3 Class C | Subordinated Series 2023-3 Class C |
| 10/12/2029 | &nbsp;&nbsp; 6.440% | 309589 | &nbsp;&nbsp; 310376 |
| Apidos CLO XI<sup>(a),(b)</sup>  | Apidos CLO XI<sup>(a),(b)</sup>  | Apidos CLO XI<sup>(a),(b)</sup>  | Apidos CLO XI<sup>(a),(b)</sup>  |
| Series 2012-11A Class BR4 | Series 2012-11A Class BR4 | Series 2012-11A Class BR4 | Series 2012-11A Class BR4 |
| &nbsp;&nbsp; 3-month Term SOFR + 1.650% <br>Floor 1.650% <br>04/17/2034<br>| &nbsp;&nbsp; 5.318% | 1925000 | &nbsp;&nbsp; 1925064 |
| Avis Budget Rental Car Funding AESOP LLC<sup>(a)</sup>  | Avis Budget Rental Car Funding AESOP LLC<sup>(a)</sup>  | Avis Budget Rental Car Funding AESOP LLC<sup>(a)</sup>  | Avis Budget Rental Car Funding AESOP LLC<sup>(a)</sup>  |
| Series 2021-1A Class A | Series 2021-1A Class A | Series 2021-1A Class A | Series 2021-1A Class A |
| 08/20/2027 | &nbsp;&nbsp; 1.380% | 3333333 | &nbsp;&nbsp; 3312468 |
| Bain Capital Credit CLO<sup>(a),(b)</sup>  | Bain Capital Credit CLO<sup>(a),(b)</sup>  | Bain Capital Credit CLO<sup>(a),(b)</sup>  | Bain Capital Credit CLO<sup>(a),(b)</sup>  |
| Series 2026-1A Class AR3 | Series 2026-1A Class AR3 | Series 2026-1A Class AR3 | Series 2026-1A Class AR3 |
| &nbsp;&nbsp; 3-month Term SOFR + 0.980% <br>Floor 0.980% <br>04/19/2034<br>| &nbsp;&nbsp; 4.650% | 1350000 | &nbsp;&nbsp; 1344348 |
| Basswood Park CLO Ltd.<sup>(a),(b)</sup>  | Basswood Park CLO Ltd.<sup>(a),(b)</sup>  | Basswood Park CLO Ltd.<sup>(a),(b)</sup>  | Basswood Park CLO Ltd.<sup>(a),(b)</sup>  |
| Series 2025-1A Class AR | Series 2025-1A Class AR | Series 2025-1A Class AR | Series 2025-1A Class AR |
| &nbsp;&nbsp; 3-month Term SOFR + 1.030% <br>Floor 1.030% <br>04/20/2034<br>| &nbsp;&nbsp; 4.698% | 3000000 | &nbsp;&nbsp; 2994747 |
| Bayview Opportunity Master Fund VII LLC<sup>(a),(b)</sup>  | Bayview Opportunity Master Fund VII LLC<sup>(a),(b)</sup>  | Bayview Opportunity Master Fund VII LLC<sup>(a),(b)</sup>  | Bayview Opportunity Master Fund VII LLC<sup>(a),(b)</sup>  |
| Subordinated Series 2024-CAR1 Class B | Subordinated Series 2024-CAR1 Class B | Subordinated Series 2024-CAR1 Class B | Subordinated Series 2024-CAR1 Class B |
| &nbsp;&nbsp; 30-day Average SOFR + 1.300% <br>12/26/2031<br>| &nbsp;&nbsp; 4.962% | 82385 | &nbsp;&nbsp; 82572 |
| Subordinated Series 2024-CAR1 Class C | Subordinated Series 2024-CAR1 Class C | Subordinated Series 2024-CAR1 Class C | Subordinated Series 2024-CAR1 Class C |
| &nbsp;&nbsp; 30-day Average SOFR + 1.500% <br>12/26/2031<br>| &nbsp;&nbsp; 5.162% | 82385 | &nbsp;&nbsp; 82639 |
| Carlyle US CLO Ltd.<sup>(a),(b)</sup>  | Carlyle US CLO Ltd.<sup>(a),(b)</sup>  | Carlyle US CLO Ltd.<sup>(a),(b)</sup>  | Carlyle US CLO Ltd.<sup>(a),(b)</sup>  |
| Series 2023-3A Class A1R | Series 2023-3A Class A1R | Series 2023-3A Class A1R | Series 2023-3A Class A1R |
| &nbsp;&nbsp; 3-month Term SOFR + 1.230% <br>Floor 1.230% <br>10/15/2038<br>| &nbsp;&nbsp; 5.135% | 3500000 | &nbsp;&nbsp; 3498267 |
| College Ave Student Loans Trust<sup>(a)</sup>  | College Ave Student Loans Trust<sup>(a)</sup>  | College Ave Student Loans Trust<sup>(a)</sup>  | College Ave Student Loans Trust<sup>(a)</sup>  |
| Series 2024-A Class A1A | Series 2024-A Class A1A | Series 2024-A Class A1A | Series 2024-A Class A1A |
| 06/25/2054 | &nbsp;&nbsp; 5.510% | 2987349 | &nbsp;&nbsp; 3042821 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Asset-Backed Securities - Non-Agency (continued)** | **Asset-Backed Securities - Non-Agency (continued)** | **Asset-Backed Securities - Non-Agency (continued)** | **Asset-Backed Securities - Non-Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Dryden CLO Ltd.<sup>(a),(b)</sup>  | Dryden CLO Ltd.<sup>(a),(b)</sup>  | Dryden CLO Ltd.<sup>(a),(b)</sup>  | Dryden CLO Ltd.<sup>(a),(b)</sup>  |
| Series 2018-55A Class A1 | Series 2018-55A Class A1 | Series 2018-55A Class A1 | Series 2018-55A Class A1 |
| &nbsp;&nbsp; 3-month Term SOFR + 1.282% <br>Floor 1.020% <br>04/15/2031<br>| &nbsp;&nbsp; 4.954% | 199593 | &nbsp;&nbsp; 199781 |
| EDGEX Issuer Trust<sup>(a)</sup>  | EDGEX Issuer Trust<sup>(a)</sup>  | EDGEX Issuer Trust<sup>(a)</sup>  | EDGEX Issuer Trust<sup>(a)</sup>  |
| Series 2025-2NN Class A | Series 2025-2NN Class A | Series 2025-2NN Class A | Series 2025-2NN Class A |
| 01/15/2032 | &nbsp;&nbsp; 5.498% | 1714188 | &nbsp;&nbsp; 1712848 |
| Exeter Automobile Receivables Trust | Exeter Automobile Receivables Trust | Exeter Automobile Receivables Trust | Exeter Automobile Receivables Trust |
| Subordinated Series 2021-3A Class D | Subordinated Series 2021-3A Class D | Subordinated Series 2021-3A Class D | Subordinated Series 2021-3A Class D |
| 06/15/2027 | &nbsp;&nbsp; 1.550% | 943717 | &nbsp;&nbsp; 938354 |
| GMF Floorplan Owner Revolving Trust<sup>(a)</sup>  | GMF Floorplan Owner Revolving Trust<sup>(a)</sup>  | GMF Floorplan Owner Revolving Trust<sup>(a)</sup>  | GMF Floorplan Owner Revolving Trust<sup>(a)</sup>  |
| Series 2024-1A Class A1 | Series 2024-1A Class A1 | Series 2024-1A Class A1 | Series 2024-1A Class A1 |
| 03/15/2029 | &nbsp;&nbsp; 5.130% | 2675000 | &nbsp;&nbsp; 2698389 |
| GoldenTree Loan Management US CLO 19 Ltd.<sup>(a),(b)</sup>  | GoldenTree Loan Management US CLO 19 Ltd.<sup>(a),(b)</sup>  | GoldenTree Loan Management US CLO 19 Ltd.<sup>(a),(b)</sup>  | GoldenTree Loan Management US CLO 19 Ltd.<sup>(a),(b)</sup>  |
| Series 2024-19A Class AR | Series 2024-19A Class AR | Series 2024-19A Class AR | Series 2024-19A Class AR |
| &nbsp;&nbsp; 3-month Term SOFR + 1.150% <br>Floor 1.150% <br>07/20/2039<br>| &nbsp;&nbsp; 3.661% | 2750000 | &nbsp;&nbsp; 2744495 |
| Goldentree Loan Management US CLO Ltd.<sup>(a),(b)</sup>  | Goldentree Loan Management US CLO Ltd.<sup>(a),(b)</sup>  | Goldentree Loan Management US CLO Ltd.<sup>(a),(b)</sup>  | Goldentree Loan Management US CLO Ltd.<sup>(a),(b)</sup>  |
| Series 2021-10A Class AR | Series 2021-10A Class AR | Series 2021-10A Class AR | Series 2021-10A Class AR |
| &nbsp;&nbsp; 3-month Term SOFR + 1.350% <br>Floor 1.350% <br>10/20/2037<br>| &nbsp;&nbsp; 5.018% | 1425000 | &nbsp;&nbsp; 1425802 |
| GoldenTree Loan Management US CLO Ltd.<sup>(a),(b)</sup>  | GoldenTree Loan Management US CLO Ltd.<sup>(a),(b)</sup>  | GoldenTree Loan Management US CLO Ltd.<sup>(a),(b)</sup>  | GoldenTree Loan Management US CLO Ltd.<sup>(a),(b)</sup>  |
| Series 2025-27 Class A | Series 2025-27 Class A | Series 2025-27 Class A | Series 2025-27 Class A |
| &nbsp;&nbsp; 3-month Term SOFR + 1.190% <br>Floor 1.190% <br>01/20/2039<br>| &nbsp;&nbsp; 5.008% | 3000000 | &nbsp;&nbsp; 2992587 |
| GoodLeap Home Improvement Solutions Trust<sup>(a)</sup>  | GoodLeap Home Improvement Solutions Trust<sup>(a)</sup>  | GoodLeap Home Improvement Solutions Trust<sup>(a)</sup>  | GoodLeap Home Improvement Solutions Trust<sup>(a)</sup>  |
| Series 2024-1A Class A | Series 2024-1A Class A | Series 2024-1A Class A | Series 2024-1A Class A |
| 10/20/2046 | &nbsp;&nbsp; 5.350% | 1105804 | &nbsp;&nbsp; 1114514 |
| GreenSky Home Improvement Issuer Trust<sup>(a)</sup>  | GreenSky Home Improvement Issuer Trust<sup>(a)</sup>  | GreenSky Home Improvement Issuer Trust<sup>(a)</sup>  | GreenSky Home Improvement Issuer Trust<sup>(a)</sup>  |
| Series 2025-2A Class A4 | Series 2025-2A Class A4 | Series 2025-2A Class A4 | Series 2025-2A Class A4 |
| 06/25/2060 | &nbsp;&nbsp; 4.890% | 2197768 | &nbsp;&nbsp; 2201218 |
| Lendbuzz Securitization Trust<sup>(a)</sup>  | Lendbuzz Securitization Trust<sup>(a)</sup>  | Lendbuzz Securitization Trust<sup>(a)</sup>  | Lendbuzz Securitization Trust<sup>(a)</sup>  |
| Series 2023-3A Class A2 | Series 2023-3A Class A2 | Series 2023-3A Class A2 | Series 2023-3A Class A2 |
| 12/15/2028 | &nbsp;&nbsp; 7.500% | 341938 | &nbsp;&nbsp; 347507 |
| Madison Park Funding XLII Ltd.<sup>(a),(b)</sup>  | Madison Park Funding XLII Ltd.<sup>(a),(b)</sup>  | Madison Park Funding XLII Ltd.<sup>(a),(b)</sup>  | Madison Park Funding XLII Ltd.<sup>(a),(b)</sup>  |
| Series 2013A Class AR2 | Series 2013A Class AR2 | Series 2013A Class AR2 | Series 2013A Class AR2 |
| &nbsp;&nbsp; 3-month Term SOFR + 0.920% <br>11/21/2030<br>| &nbsp;&nbsp; 4.780% | 1471279 | &nbsp;&nbsp; 1471485 |
| Madison Park Funding XXIX Ltd.<sup>(a),(b)</sup>  | Madison Park Funding XXIX Ltd.<sup>(a),(b)</sup>  | Madison Park Funding XXIX Ltd.<sup>(a),(b)</sup>  | Madison Park Funding XXIX Ltd.<sup>(a),(b)</sup>  |
| Series 2018-29AR Class A1R2 | Series 2018-29AR Class A1R2 | Series 2018-29AR Class A1R2 | Series 2018-29AR Class A1R2 |
| &nbsp;&nbsp; 3-month Term SOFR + 1.180% <br>Floor 1.180% <br>03/25/2038<br>| &nbsp;&nbsp; 4.848% | 2900000 | &nbsp;&nbsp; 2889850 |

---

Columbia Variable Portfolio – Balanced Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Balanced Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Asset-Backed Securities - Non-Agency (continued)** | **Asset-Backed Securities - Non-Agency (continued)** | **Asset-Backed Securities - Non-Agency (continued)** | **Asset-Backed Securities - Non-Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Madison Park Funding XXXIII Ltd.<sup>(a),(b)</sup>  | Madison Park Funding XXXIII Ltd.<sup>(a),(b)</sup>  | Madison Park Funding XXXIII Ltd.<sup>(a),(b)</sup>  | Madison Park Funding XXXIII Ltd.<sup>(a),(b)</sup>  |
| Series 2019-33A Class BR | Series 2019-33A Class BR | Series 2019-33A Class BR | Series 2019-33A Class BR |
| &nbsp;&nbsp; 3-month Term SOFR + 1.800% <br>Floor 1.800% <br>10/15/2032<br>| &nbsp;&nbsp; 5.472% | 3600000 | &nbsp;&nbsp; 3602210 |
| Marlette Funding Trust<sup>(a)</sup>  | Marlette Funding Trust<sup>(a)</sup>  | Marlette Funding Trust<sup>(a)</sup>  | Marlette Funding Trust<sup>(a)</sup>  |
| Subordinated Series 2024-1A Class B | Subordinated Series 2024-1A Class B | Subordinated Series 2024-1A Class B | Subordinated Series 2024-1A Class B |
| 07/17/2034 | &nbsp;&nbsp; 6.070% | 467884 | &nbsp;&nbsp; 469160 |
| MMP Capital LLC<sup>(a)</sup>  | MMP Capital LLC<sup>(a)</sup>  | MMP Capital LLC<sup>(a)</sup>  | MMP Capital LLC<sup>(a)</sup>  |
| Series 2025-A Class A | Series 2025-A Class A | Series 2025-A Class A | Series 2025-A Class A |
| 12/15/2031 | &nbsp;&nbsp; 5.360% | 1109545 | &nbsp;&nbsp; 1115983 |
| MPOWER Education Trust<sup>(a)</sup>  | MPOWER Education Trust<sup>(a)</sup>  | MPOWER Education Trust<sup>(a)</sup>  | MPOWER Education Trust<sup>(a)</sup>  |
| Series 2024-A Class A | Series 2024-A Class A | Series 2024-A Class A | Series 2024-A Class A |
| 07/22/2041 | &nbsp;&nbsp; 6.780% | 482581 | &nbsp;&nbsp; 491931 |
| Series 2025-1 Class A | Series 2025-1 Class A | Series 2025-1 Class A | Series 2025-1 Class A |
| 12/22/2042 | &nbsp;&nbsp; 6.250% | 935676 | &nbsp;&nbsp; 935606 |
| OHA Credit Funding Ltd.<sup>(a),(b)</sup>  | OHA Credit Funding Ltd.<sup>(a),(b)</sup>  | OHA Credit Funding Ltd.<sup>(a),(b)</sup>  | OHA Credit Funding Ltd.<sup>(a),(b)</sup>  |
| Series 2019-4A Class AR2 | Series 2019-4A Class AR2 | Series 2019-4A Class AR2 | Series 2019-4A Class AR2 |
| &nbsp;&nbsp; 3-month Term SOFR + 1.290% <br>Floor 1.290% <br>01/22/2038<br>| &nbsp;&nbsp; 4.959% | 1375000 | &nbsp;&nbsp; 1377041 |
| Series 2021-8A Class A1R | Series 2021-8A Class A1R | Series 2021-8A Class A1R | Series 2021-8A Class A1R |
| &nbsp;&nbsp; 3-month Term SOFR + 1.280% <br>Floor 1.280% <br>01/20/2038<br>| &nbsp;&nbsp; 4.948% | 650000 | &nbsp;&nbsp; 650243 |
| Series 2023-16RA Class A1 | Series 2023-16RA Class A1 | Series 2023-16RA Class A1 | Series 2023-16RA Class A1 |
| &nbsp;&nbsp; 3-month Term SOFR + 1.200% <br>Floor 1.200% <br>10/20/2038<br>| &nbsp;&nbsp; 4.868% | 2700000 | &nbsp;&nbsp; 2697143 |
| OHA Credit Partners XVII Ltd.<sup>(a),(b)</sup>  | OHA Credit Partners XVII Ltd.<sup>(a),(b)</sup>  | OHA Credit Partners XVII Ltd.<sup>(a),(b)</sup>  | OHA Credit Partners XVII Ltd.<sup>(a),(b)</sup>  |
| Series 2020-6A Class AR2 | Series 2020-6A Class AR2 | Series 2020-6A Class AR2 | Series 2020-6A Class AR2 |
| &nbsp;&nbsp; 3-month Term SOFR + 1.330% <br>Floor 1.330% <br>10/20/2037<br>| &nbsp;&nbsp; 4.998% | 2600000 | &nbsp;&nbsp; 2603671 |
| OneMain Financial Issuance Trust<sup>(a)</sup>  | OneMain Financial Issuance Trust<sup>(a)</sup>  | OneMain Financial Issuance Trust<sup>(a)</sup>  | OneMain Financial Issuance Trust<sup>(a)</sup>  |
| Series 2023-2A Class A1 | Series 2023-2A Class A1 | Series 2023-2A Class A1 | Series 2023-2A Class A1 |
| 09/15/2036 | &nbsp;&nbsp; 5.840% | 3625000 | &nbsp;&nbsp; 3680972 |
| Pagaya AI Debt Grantor Trust<sup>(a)</sup>  | Pagaya AI Debt Grantor Trust<sup>(a)</sup>  | Pagaya AI Debt Grantor Trust<sup>(a)</sup>  | Pagaya AI Debt Grantor Trust<sup>(a)</sup>  |
| Series 2024-5 Class A | Series 2024-5 Class A | Series 2024-5 Class A | Series 2024-5 Class A |
| 10/15/2031 | &nbsp;&nbsp; 6.278% | 212817 | &nbsp;&nbsp; 213502 |
| Series 2024-6 Class A | Series 2024-6 Class A | Series 2024-6 Class A | Series 2024-6 Class A |
| 11/15/2031 | &nbsp;&nbsp; 6.093% | 213301 | &nbsp;&nbsp; 213955 |
| Series 2025-5 Class B | Series 2025-5 Class B | Series 2025-5 Class B | Series 2025-5 Class B |
| 03/15/2033 | &nbsp;&nbsp; 5.440% | 1999923 | &nbsp;&nbsp; 2010757 |
| Series 2025-6 Class B | Series 2025-6 Class B | Series 2025-6 Class B | Series 2025-6 Class B |
| 04/15/2033 | &nbsp;&nbsp; 4.883% | 1649848 | &nbsp;&nbsp; 1640485 |
| Series 2025-R2 Class A | Series 2025-R2 Class A | Series 2025-R2 Class A | Series 2025-R2 Class A |
| 10/15/2032 | &nbsp;&nbsp; 4.865% | 1415287 | &nbsp;&nbsp; 1416894 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Asset-Backed Securities - Non-Agency (continued)** | **Asset-Backed Securities - Non-Agency (continued)** | **Asset-Backed Securities - Non-Agency (continued)** | **Asset-Backed Securities - Non-Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Series 2025-R3 Class A | Series 2025-R3 Class A | Series 2025-R3 Class A | Series 2025-R3 Class A |
| 01/18/2033 | &nbsp;&nbsp; 4.841% | 785748 | &nbsp;&nbsp; 785274 |
| Pagaya AI Debt Selection Trust<sup>(a)</sup>  | Pagaya AI Debt Selection Trust<sup>(a)</sup>  | Pagaya AI Debt Selection Trust<sup>(a)</sup>  | Pagaya AI Debt Selection Trust<sup>(a)</sup>  |
| Series 2024-7 Class A | Series 2024-7 Class A | Series 2024-7 Class A | Series 2024-7 Class A |
| 12/15/2031 | &nbsp;&nbsp; 6.117% | 963374 | &nbsp;&nbsp; 967398 |
| Subordinated Series 2024-7 Class B | Subordinated Series 2024-7 Class B | Subordinated Series 2024-7 Class B | Subordinated Series 2024-7 Class B |
| 12/15/2031 | &nbsp;&nbsp; 6.574% | 1182358 | &nbsp;&nbsp; 1188252 |
| Pagaya AI Debt Trust<sup>(a)</sup>  | Pagaya AI Debt Trust<sup>(a)</sup>  | Pagaya AI Debt Trust<sup>(a)</sup>  | Pagaya AI Debt Trust<sup>(a)</sup>  |
| Series 2024-2 Class A | Series 2024-2 Class A | Series 2024-2 Class A | Series 2024-2 Class A |
| 08/15/2031 | &nbsp;&nbsp; 6.319% | 119256 | &nbsp;&nbsp; 119632 |
| Series 2024-3 Class A | Series 2024-3 Class A | Series 2024-3 Class A | Series 2024-3 Class A |
| 10/15/2031 | &nbsp;&nbsp; 6.258% | 722324 | &nbsp;&nbsp; 725512 |
| Series 2026-R1 Class A | Series 2026-R1 Class A | Series 2026-R1 Class A | Series 2026-R1 Class A |
| 12/15/2033 | &nbsp;&nbsp; 4.714% | 1777736 | &nbsp;&nbsp; 1774327 |
| Pagaya Point of Sale Holdings Grantor Trust<sup>(a)</sup>  | Pagaya Point of Sale Holdings Grantor Trust<sup>(a)</sup>  | Pagaya Point of Sale Holdings Grantor Trust<sup>(a)</sup>  | Pagaya Point of Sale Holdings Grantor Trust<sup>(a)</sup>  |
| Series 2025-2 Class A | Series 2025-2 Class A | Series 2025-2 Class A | Series 2025-2 Class A |
| 07/20/2033 | &nbsp;&nbsp; 5.065% | 1300000 | &nbsp;&nbsp; 1301682 |
| Prestige Auto Receivables Trust<sup>(a)</sup>  | Prestige Auto Receivables Trust<sup>(a)</sup>  | Prestige Auto Receivables Trust<sup>(a)</sup>  | Prestige Auto Receivables Trust<sup>(a)</sup>  |
| Subordinated Series 2024-1A Class B | Subordinated Series 2024-1A Class B | Subordinated Series 2024-1A Class B | Subordinated Series 2024-1A Class B |
| 05/15/2028 | &nbsp;&nbsp; 5.710% | 72796 | &nbsp;&nbsp; 72840 |
| Subordinated Series 2024-1A Class C | Subordinated Series 2024-1A Class C | Subordinated Series 2024-1A Class C | Subordinated Series 2024-1A Class C |
| 03/15/2029 | &nbsp;&nbsp; 5.730% | 1125000 | &nbsp;&nbsp; 1129250 |
| Reach Abs Trust<sup>(a)</sup>  | Reach Abs Trust<sup>(a)</sup>  | Reach Abs Trust<sup>(a)</sup>  | Reach Abs Trust<sup>(a)</sup>  |
| Series 2026-1 Class A | Series 2026-1 Class A | Series 2026-1 Class A | Series 2026-1 Class A |
| 02/15/2033 | &nbsp;&nbsp; 4.320% | 1366178 | &nbsp;&nbsp; 1366681 |
| Reach ABS Trust<sup>(a)</sup>  | Reach ABS Trust<sup>(a)</sup>  | Reach ABS Trust<sup>(a)</sup>  | Reach ABS Trust<sup>(a)</sup>  |
| Series 2025-1A Class A | Series 2025-1A Class A | Series 2025-1A Class A | Series 2025-1A Class A |
| 08/16/2032 | &nbsp;&nbsp; 4.960% | 317767 | &nbsp;&nbsp; 318277 |
| Research-Driven Pagaya Motor Asset Trust<sup>(a)</sup>  | Research-Driven Pagaya Motor Asset Trust<sup>(a)</sup>  | Research-Driven Pagaya Motor Asset Trust<sup>(a)</sup>  | Research-Driven Pagaya Motor Asset Trust<sup>(a)</sup>  |
| Series 2026-R1A Class A | Series 2026-R1A Class A | Series 2026-R1A Class A | Series 2026-R1A Class A |
| 07/25/2034 | &nbsp;&nbsp; 5.659% | 1310000 | &nbsp;&nbsp; 1311319 |
| Research-Driven Pagaya Motor Asset Trust IV<sup>(a)</sup>  | Research-Driven Pagaya Motor Asset Trust IV<sup>(a)</sup>  | Research-Driven Pagaya Motor Asset Trust IV<sup>(a)</sup>  | Research-Driven Pagaya Motor Asset Trust IV<sup>(a)</sup>  |
| Series 2021-2A Class A | Series 2021-2A Class A | Series 2021-2A Class A | Series 2021-2A Class A |
| 03/25/2030 | &nbsp;&nbsp; 2.650% | 143919 | &nbsp;&nbsp; 142760 |
| Upgrade Master Pass-Thru Trust<sup>(a)</sup>  | Upgrade Master Pass-Thru Trust<sup>(a)</sup>  | Upgrade Master Pass-Thru Trust<sup>(a)</sup>  | Upgrade Master Pass-Thru Trust<sup>(a)</sup>  |
| Series 2025-ST4 Class A | Series 2025-ST4 Class A | Series 2025-ST4 Class A | Series 2025-ST4 Class A |
| 08/16/2032 | &nbsp;&nbsp; 5.495% | 713652 | &nbsp;&nbsp; 715239 |
| Upgrade Master Pass-Thru Trust Series<sup>(a)</sup>  | Upgrade Master Pass-Thru Trust Series<sup>(a)</sup>  | Upgrade Master Pass-Thru Trust Series<sup>(a)</sup>  | Upgrade Master Pass-Thru Trust Series<sup>(a)</sup>  |
| Series 2025-ST8 Class A | Series 2025-ST8 Class A | Series 2025-ST8 Class A | Series 2025-ST8 Class A |
| 12/15/2033 | &nbsp;&nbsp; 4.618% | 911246 | &nbsp;&nbsp; 912428 |
| Upstart Securitization Trust<sup>(a)</sup>  | Upstart Securitization Trust<sup>(a)</sup>  | Upstart Securitization Trust<sup>(a)</sup>  | Upstart Securitization Trust<sup>(a)</sup>  |
| Series 2024-1 Class A | Series 2024-1 Class A | Series 2024-1 Class A | Series 2024-1 Class A |
| 11/20/2034 | &nbsp;&nbsp; 5.330% | 158584 | &nbsp;&nbsp; 158628 |

---

Columbia Variable Portfolio – Balanced Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Balanced Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Asset-Backed Securities - Non-Agency (continued)** | **Asset-Backed Securities - Non-Agency (continued)** | **Asset-Backed Securities - Non-Agency (continued)** | **Asset-Backed Securities - Non-Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Verizon Master Trust | Verizon Master Trust | Verizon Master Trust | Verizon Master Trust |
| Series 2024-8 Class B | Series 2024-8 Class B | Series 2024-8 Class B | Series 2024-8 Class B |
| 11/20/2030 | &nbsp;&nbsp; 4.820% | 1650000 | &nbsp;&nbsp; 1670553 |
| &nbsp;&nbsp; Total Asset-Backed Securities — Non-Agency <br>(Cost $76,493,398) | &nbsp;&nbsp; Total Asset-Backed Securities — Non-Agency <br>(Cost $76,493,398) | &nbsp;&nbsp; Total Asset-Backed Securities — Non-Agency <br>(Cost $76,493,398) | &nbsp;&nbsp; **76777394** |
| **Commercial Mortgage-Backed Securities - Non-Agency 1.4%** | **Commercial Mortgage-Backed Securities - Non-Agency 1.4%** | **Commercial Mortgage-Backed Securities - Non-Agency 1.4%** | **Commercial Mortgage-Backed Securities - Non-Agency 1.4%** |
| BX Mortgage Trust<sup>(a),(b)</sup>  | BX Mortgage Trust<sup>(a),(b)</sup>  | BX Mortgage Trust<sup>(a),(b)</sup>  | BX Mortgage Trust<sup>(a),(b)</sup>  |
| Series 2021-PAC Class D | Series 2021-PAC Class D | Series 2021-PAC Class D | Series 2021-PAC Class D |
| &nbsp;&nbsp; 1-month Term SOFR + 1.412% <br>Floor 1.298% <br>10/15/2036<br>| &nbsp;&nbsp; 5.085% | 2175000 | &nbsp;&nbsp; 2164124 |
| BX Trust<sup>(a)</sup>  | BX Trust<sup>(a)</sup>  | BX Trust<sup>(a)</sup>  | BX Trust<sup>(a)</sup>  |
| Series 2023-LIFE Class A | Series 2023-LIFE Class A | Series 2023-LIFE Class A | Series 2023-LIFE Class A |
| 02/15/2028 | &nbsp;&nbsp; 5.045% | 1175000 | &nbsp;&nbsp; 1157451 |
| COMM Mortgage Trust<sup>(a)</sup>  | COMM Mortgage Trust<sup>(a)</sup>  | COMM Mortgage Trust<sup>(a)</sup>  | COMM Mortgage Trust<sup>(a)</sup>  |
| Subordinated Series 2020-CX Class B | Subordinated Series 2020-CX Class B | Subordinated Series 2020-CX Class B | Subordinated Series 2020-CX Class B |
| 11/10/2046 | &nbsp;&nbsp; 2.446% | 525000 | &nbsp;&nbsp; 431898 |
| GS Mortgage Securities Corp. Trust<sup>(a)</sup>  | GS Mortgage Securities Corp. Trust<sup>(a)</sup>  | GS Mortgage Securities Corp. Trust<sup>(a)</sup>  | GS Mortgage Securities Corp. Trust<sup>(a)</sup>  |
| Series 2017-485L Class A | Series 2017-485L Class A | Series 2017-485L Class A | Series 2017-485L Class A |
| 02/10/2037 | &nbsp;&nbsp; 3.721% | 625000 | &nbsp;&nbsp; 613049 |
| Home Partners of America Trust<sup>(a)</sup>  | Home Partners of America Trust<sup>(a)</sup>  | Home Partners of America Trust<sup>(a)</sup>  | Home Partners of America Trust<sup>(a)</sup>  |
| Subordinated Series 2019-2 Class D | Subordinated Series 2019-2 Class D | Subordinated Series 2019-2 Class D | Subordinated Series 2019-2 Class D |
| 10/19/2039 | &nbsp;&nbsp; 3.121% | 1030332 | &nbsp;&nbsp; 999656 |
| Subordinated Series 2021-2 Class B | Subordinated Series 2021-2 Class B | Subordinated Series 2021-2 Class B | Subordinated Series 2021-2 Class B |
| 12/17/2026 | &nbsp;&nbsp; 2.302% | 6235743 | &nbsp;&nbsp; 6130900 |
| Morgan Stanley Bank of America Merrill Lynch Trust | Morgan Stanley Bank of America Merrill Lynch Trust | Morgan Stanley Bank of America Merrill Lynch Trust | Morgan Stanley Bank of America Merrill Lynch Trust |
| Series 2017-C34 Class A3 | Series 2017-C34 Class A3 | Series 2017-C34 Class A3 | Series 2017-C34 Class A3 |
| 11/15/2052 | &nbsp;&nbsp; 3.276% | 2250000 | &nbsp;&nbsp; 2213684 |
| One New York Plaza Trust<sup>(a),(b)</sup>  | One New York Plaza Trust<sup>(a),(b)</sup>  | One New York Plaza Trust<sup>(a),(b)</sup>  | One New York Plaza Trust<sup>(a),(b)</sup>  |
| Subordinated Series 2020-1NYP Class C | Subordinated Series 2020-1NYP Class C | Subordinated Series 2020-1NYP Class C | Subordinated Series 2020-1NYP Class C |
| &nbsp;&nbsp; 1-month Term SOFR + 2.314% <br>Floor 2.200% <br>01/15/2036<br>| &nbsp;&nbsp; 5.987% | 1100000 | &nbsp;&nbsp; 1056892 |
| Subordinated Series 2020-1NYP Class D | Subordinated Series 2020-1NYP Class D | Subordinated Series 2020-1NYP Class D | Subordinated Series 2020-1NYP Class D |
| &nbsp;&nbsp; 1-month Term SOFR + 2.864% <br>Floor 2.750% <br>01/15/2036<br>| &nbsp;&nbsp; 6.537% | 425000 | &nbsp;&nbsp; 404176 |
| Progress Residential Trust<sup>(a)</sup>  | Progress Residential Trust<sup>(a)</sup>  | Progress Residential Trust<sup>(a)</sup>  | Progress Residential Trust<sup>(a)</sup>  |
| Series 2024-SFR1 Class A | Series 2024-SFR1 Class A | Series 2024-SFR1 Class A | Series 2024-SFR1 Class A |
| 02/17/2041 | &nbsp;&nbsp; 3.350% | 1531936 | &nbsp;&nbsp; 1474790 |
| Subordinated Series 2021-SFR8 Class D | Subordinated Series 2021-SFR8 Class D | Subordinated Series 2021-SFR8 Class D | Subordinated Series 2021-SFR8 Class D |
| 10/17/2038 | &nbsp;&nbsp; 2.082% | 1830000 | &nbsp;&nbsp; 1802294 |
| STAR Trust<sup>(a),(b)</sup>  | STAR Trust<sup>(a),(b)</sup>  | STAR Trust<sup>(a),(b)</sup>  | STAR Trust<sup>(a),(b)</sup>  |
| Subordinated Series 2022-SFR3 Class B | Subordinated Series 2022-SFR3 Class B | Subordinated Series 2022-SFR3 Class B | Subordinated Series 2022-SFR3 Class B |
| &nbsp;&nbsp; 1-month Term SOFR + 1.950% <br>Floor 1.950% <br>05/17/2039<br>| &nbsp;&nbsp; 5.610% | 1900000 | &nbsp;&nbsp; 1901387 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Commercial Mortgage-Backed Securities - Non-Agency (continued)** | **Commercial Mortgage-Backed Securities - Non-Agency (continued)** | **Commercial Mortgage-Backed Securities - Non-Agency (continued)** | **Commercial Mortgage-Backed Securities - Non-Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Tricon American Homes<sup>(a)</sup>  | Tricon American Homes<sup>(a)</sup>  | Tricon American Homes<sup>(a)</sup>  | Tricon American Homes<sup>(a)</sup>  |
| Series 2020-SFR1 Class C | Series 2020-SFR1 Class C | Series 2020-SFR1 Class C | Series 2020-SFR1 Class C |
| 07/17/2038 | &nbsp;&nbsp; 2.249% | 650000 | &nbsp;&nbsp; 644512 |
| Tricon American Homes Trust<sup>(a)</sup>  | Tricon American Homes Trust<sup>(a)</sup>  | Tricon American Homes Trust<sup>(a)</sup>  | Tricon American Homes Trust<sup>(a)</sup>  |
| Subordinated Series 2020-SFR2 Class D | Subordinated Series 2020-SFR2 Class D | Subordinated Series 2020-SFR2 Class D | Subordinated Series 2020-SFR2 Class D |
| 11/17/2039 | &nbsp;&nbsp; 2.281% | 1075000 | &nbsp;&nbsp; 1024988 |
| &nbsp;&nbsp; Total Commercial Mortgage-Backed Securities - Non-Agency <br>(Cost $22,681,280) | &nbsp;&nbsp; Total Commercial Mortgage-Backed Securities - Non-Agency <br>(Cost $22,681,280) | &nbsp;&nbsp; Total Commercial Mortgage-Backed Securities - Non-Agency <br>(Cost $22,681,280) | &nbsp;&nbsp; **22019801** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Common Stocks 59.0%** | **Common Stocks 59.0%** | **Common Stocks 59.0%** |
| **Issuer** | **Shares** | **Value ($)** |
| **Communication Services 7.0%** | **Communication Services 7.0%** | **Communication Services 7.0%** |
| **Diversified Telecommunication Services 0.9%** | **Diversified Telecommunication Services 0.9%** | **Diversified Telecommunication Services 0.9%** |
| Verizon Communications, Inc. | &nbsp;&nbsp; 288795 | &nbsp;&nbsp; 14497509 |
| **Entertainment 1.5%** | **Entertainment 1.5%** | **Entertainment 1.5%** |
| Netflix, Inc.<sup>(c)</sup> <br>| &nbsp;&nbsp; 175975 | &nbsp;&nbsp; 16919996 |
| Take-Two Interactive Software, Inc.<sup>(c)</sup> <br>| &nbsp;&nbsp; 16331 | &nbsp;&nbsp; 3225373 |
| Walt Disney Co. (The) | &nbsp;&nbsp; 40192 | &nbsp;&nbsp; 3873705 |
| Total |  | &nbsp;&nbsp; 24019074 |
| **Interactive Media & Services 4.6%** | **Interactive Media & Services 4.6%** | **Interactive Media & Services 4.6%** |
| Alphabet, Inc., Class A | &nbsp;&nbsp; 103367 | &nbsp;&nbsp; 29724214 |
| Alphabet, Inc., Class C | &nbsp;&nbsp; 84815 | &nbsp;&nbsp; 24330031 |
| Meta Platforms, Inc., Class A | &nbsp;&nbsp; 33705 | &nbsp;&nbsp; 19283642 |
| Total |  | &nbsp;&nbsp; 73337887 |
| **Total Communication Services** | **Total Communication Services** | &nbsp;&nbsp; **111854470** |
| **Consumer Discretionary 5.8%** | **Consumer Discretionary 5.8%** | **Consumer Discretionary 5.8%** |
| **Automobiles 0.5%** | **Automobiles 0.5%** | **Automobiles 0.5%** |
| Tesla, Inc.<sup>(c)</sup> <br>| &nbsp;&nbsp; 23279 | &nbsp;&nbsp; 8653968 |
| **Broadline Retail 3.9%** | **Broadline Retail 3.9%** | **Broadline Retail 3.9%** |
| Amazon.com, Inc.<sup>(c)</sup> <br>| &nbsp;&nbsp; 217843 | &nbsp;&nbsp; 45370162 |
| eBay, Inc. | &nbsp;&nbsp; 189151 | &nbsp;&nbsp; 17216524 |
| Total |  | &nbsp;&nbsp; 62586686 |
| **Hotels, Restaurants & Leisure 0.8%** | **Hotels, Restaurants & Leisure 0.8%** | **Hotels, Restaurants & Leisure 0.8%** |
| DoorDash, Inc., Class A<sup>(c)</sup> <br>| &nbsp;&nbsp; 28732 | &nbsp;&nbsp; 4314110 |
| Starbucks Corp. | &nbsp;&nbsp; 91583 | &nbsp;&nbsp; 8204921 |
| Total |  | &nbsp;&nbsp; 12519031 |
| **Household Durables 0.3%** | **Household Durables 0.3%** | **Household Durables 0.3%** |
| PulteGroup, Inc. | &nbsp;&nbsp; 40989 | &nbsp;&nbsp; 4820716 |

---

Columbia Variable Portfolio – Balanced Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Balanced Fund, March 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Common Stocks (continued)** | **Common Stocks (continued)** | **Common Stocks (continued)** |
| **Issuer** | **Shares** | **Value ($)** |
| **Textiles, Apparel & Luxury Goods 0.3%** | **Textiles, Apparel & Luxury Goods 0.3%** | **Textiles, Apparel & Luxury Goods 0.3%** |
| NIKE, Inc., Class B | &nbsp;&nbsp; 17391 | &nbsp;&nbsp; 918592 |
| Tapestry, Inc. | &nbsp;&nbsp; 26653 | &nbsp;&nbsp; 3761005 |
| Total |  | &nbsp;&nbsp; 4679597 |
| **Total Consumer Discretionary** | **Total Consumer Discretionary** | &nbsp;&nbsp; **93259998** |
| **Consumer Staples 1.5%** | **Consumer Staples 1.5%** | **Consumer Staples 1.5%** |
| **Beverages 0.7%** | **Beverages 0.7%** | **Beverages 0.7%** |
| PepsiCo, Inc. | &nbsp;&nbsp; 76847 | &nbsp;&nbsp; 11933571 |
| **Consumer Staples Distribution & Retail 0.8%** | **Consumer Staples Distribution & Retail 0.8%** | **Consumer Staples Distribution & Retail 0.8%** |
| Walmart, Inc. | &nbsp;&nbsp; 102151 | &nbsp;&nbsp; 12695326 |
| **Total Consumer Staples** | **Total Consumer Staples** | &nbsp;&nbsp; **24628897** |
| **Energy 2.8%** | **Energy 2.8%** | **Energy 2.8%** |
| **Oil, Gas & Consumable Fuels 2.8%** | **Oil, Gas & Consumable Fuels 2.8%** | **Oil, Gas & Consumable Fuels 2.8%** |
| Chevron Corp. | &nbsp;&nbsp; 86284 | &nbsp;&nbsp; 17852160 |
| ConocoPhillips Co. | &nbsp;&nbsp; 116421 | &nbsp;&nbsp; 15367572 |
| EOG Resources, Inc. | &nbsp;&nbsp; 78234 | &nbsp;&nbsp; 11310289 |
| Total |  | &nbsp;&nbsp; 44530021 |
| **Total Energy** | **Total Energy** | &nbsp;&nbsp; **44530021** |
| **Financials 8.1%** | **Financials 8.1%** | **Financials 8.1%** |
| **Banks 2.1%** | **Banks 2.1%** | **Banks 2.1%** |
| Bank of America Corp. | &nbsp;&nbsp; 260847 | &nbsp;&nbsp; 12716291 |
| JPMorgan Chase & Co. | &nbsp;&nbsp; 34628 | &nbsp;&nbsp; 10186173 |
| Wells Fargo & Co. | &nbsp;&nbsp; 127531 | &nbsp;&nbsp; 10152743 |
| Total |  | &nbsp;&nbsp; 33055207 |
| **Capital Markets 2.3%** | **Capital Markets 2.3%** | **Capital Markets 2.3%** |
| Blackrock, Inc. | &nbsp;&nbsp; 13843 | &nbsp;&nbsp; 13312952 |
| Charles Schwab Corp. (The) | &nbsp;&nbsp; 43097 | &nbsp;&nbsp; 4050256 |
| Intercontinental Exchange, Inc. | &nbsp;&nbsp; 31166 | &nbsp;&nbsp; 4901788 |
| Morgan Stanley | &nbsp;&nbsp; 56366 | &nbsp;&nbsp; 9276153 |
| S&P Global, Inc. | &nbsp;&nbsp; 10319 | &nbsp;&nbsp; 4389083 |
| Total |  | &nbsp;&nbsp; 35930232 |
| **Financial Services 3.2%** | **Financial Services 3.2%** | **Financial Services 3.2%** |
| Berkshire Hathaway, Inc., Class B<sup>(c)</sup> <br>| &nbsp;&nbsp; 41802 | &nbsp;&nbsp; 20031519 |
| Block, Inc., Class A<sup>(c)</sup> <br>| &nbsp;&nbsp; 83767 | &nbsp;&nbsp; 5041098 |
| MasterCard, Inc., Class A | &nbsp;&nbsp; 18673 | &nbsp;&nbsp; 9330151 |
| Visa, Inc., Class A | &nbsp;&nbsp; 55189 | &nbsp;&nbsp; 16680323 |
| Total |  | &nbsp;&nbsp; 51083091 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (continued)** | **Common Stocks (continued)** | **Common Stocks (continued)** |
| **Issuer** | **Shares** | **Value ($)** |
| **Insurance 0.5%** | **Insurance 0.5%** | **Insurance 0.5%** |
| Aon PLC, Class A | &nbsp;&nbsp; 26508 | &nbsp;&nbsp; 8556252 |
| **Total Financials** | **Total Financials** | &nbsp;&nbsp; **128624782** |
| **Health Care 6.0%** | **Health Care 6.0%** | **Health Care 6.0%** |
| **Biotechnology 1.6%** | **Biotechnology 1.6%** | **Biotechnology 1.6%** |
| AbbVie, Inc. | &nbsp;&nbsp; 59194 | &nbsp;&nbsp; 12874103 |
| Vertex Pharmaceuticals, Inc.<sup>(c)</sup> <br>| &nbsp;&nbsp; 29695 | &nbsp;&nbsp; 13260005 |
| Total |  | &nbsp;&nbsp; 26134108 |
| **Health Care Equipment & Supplies 0.8%** | **Health Care Equipment & Supplies 0.8%** | **Health Care Equipment & Supplies 0.8%** |
| Abbott Laboratories | &nbsp;&nbsp; 77446 | &nbsp;&nbsp; 7951381 |
| Boston Scientific Corp.<sup>(c)</sup> <br>| &nbsp;&nbsp; 69012 | &nbsp;&nbsp; 4330503 |
| Total |  | &nbsp;&nbsp; 12281884 |
| **Health Care Providers & Services 0.8%** | **Health Care Providers & Services 0.8%** | **Health Care Providers & Services 0.8%** |
| Cigna Group (The) | &nbsp;&nbsp; 30153 | &nbsp;&nbsp; 8043313 |
| Henry Schein, Inc.<sup>(c)</sup> <br>| &nbsp;&nbsp; 57588 | &nbsp;&nbsp; 4244235 |
| Total |  | &nbsp;&nbsp; 12287548 |
| **Life Sciences Tools & Services 1.4%** | **Life Sciences Tools & Services 1.4%** | **Life Sciences Tools & Services 1.4%** |
| IQVIA Holdings, Inc.<sup>(c)</sup> <br>| &nbsp;&nbsp; 40868 | &nbsp;&nbsp; 6969629 |
| Thermo Fisher Scientific, Inc. | &nbsp;&nbsp; 21877 | &nbsp;&nbsp; 10753202 |
| Waters Corp.<sup>(c)</sup> <br>| &nbsp;&nbsp; 18379 | &nbsp;&nbsp; 5473266 |
| Total |  | &nbsp;&nbsp; 23196097 |
| **Pharmaceuticals 1.4%** | **Pharmaceuticals 1.4%** | **Pharmaceuticals 1.4%** |
| Eli Lilly & Co. | &nbsp;&nbsp; 24120 | &nbsp;&nbsp; 22184853 |
| **Total Health Care** | **Total Health Care** | &nbsp;&nbsp; **96084490** |
| **Industrials 5.3%** | **Industrials 5.3%** | **Industrials 5.3%** |
| **Aerospace & Defense 1.2%** | **Aerospace & Defense 1.2%** | **Aerospace & Defense 1.2%** |
| Boeing Co. (The)<sup>(c)</sup> <br>| &nbsp;&nbsp; 62007 | &nbsp;&nbsp; 12341253 |
| General Electric Co. | &nbsp;&nbsp; 5131 | &nbsp;&nbsp; 1456024 |
| RTX Corp. | &nbsp;&nbsp; 27605 | &nbsp;&nbsp; 5325005 |
| Total |  | &nbsp;&nbsp; 19122282 |
| **Building Products 0.4%** | **Building Products 0.4%** | **Building Products 0.4%** |
| Carrier Global Corp. | &nbsp;&nbsp; 120176 | &nbsp;&nbsp; 6767110 |
| **Commercial Services & Supplies 0.4%** | **Commercial Services & Supplies 0.4%** | **Commercial Services & Supplies 0.4%** |
| Waste Management, Inc. | &nbsp;&nbsp; 26183 | &nbsp;&nbsp; 6016592 |

---

Columbia Variable Portfolio – Balanced Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Balanced Fund, March 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Common Stocks (continued)** | **Common Stocks (continued)** | **Common Stocks (continued)** |
| **Issuer** | **Shares** | **Value ($)** |
| **Electrical Equipment 1.0%** | **Electrical Equipment 1.0%** | **Electrical Equipment 1.0%** |
| Eaton Corp. PLC | &nbsp;&nbsp; 31778 | &nbsp;&nbsp; 11366037 |
| GE Vernova, Inc. | &nbsp;&nbsp; 5453 | &nbsp;&nbsp; 4759924 |
| Total |  | &nbsp;&nbsp; 16125961 |
| **Industrial Conglomerates 1.1%** | **Industrial Conglomerates 1.1%** | **Industrial Conglomerates 1.1%** |
| Honeywell International, Inc. | &nbsp;&nbsp; 79999 | &nbsp;&nbsp; 18082174 |
| **Machinery 0.8%** | **Machinery 0.8%** | **Machinery 0.8%** |
| PACCAR, Inc. | &nbsp;&nbsp; 41824 | &nbsp;&nbsp; 4830672 |
| Parker-Hannifin Corp. | &nbsp;&nbsp; 2192 | &nbsp;&nbsp; 1962366 |
| Stanley Black & Decker, Inc. | &nbsp;&nbsp; 74288 | &nbsp;&nbsp; 5278905 |
| Total |  | &nbsp;&nbsp; 12071943 |
| **Professional Services 0.4%** | **Professional Services 0.4%** | **Professional Services 0.4%** |
| Jacobs Solutions, Inc. | &nbsp;&nbsp; 49148 | &nbsp;&nbsp; 6255557 |
| **Total Industrials** | **Total Industrials** | &nbsp;&nbsp; **84441619** |
| **Information Technology 19.9%** | **Information Technology 19.9%** | **Information Technology 19.9%** |
| **Electronic Equipment, Instruments & Components 0.9%** | **Electronic Equipment, Instruments & Components 0.9%** | **Electronic Equipment, Instruments & Components 0.9%** |
| TE Connectivity PLC | &nbsp;&nbsp; 69762 | &nbsp;&nbsp; 14581653 |
| **IT Services 0.3%** | **IT Services 0.3%** | **IT Services 0.3%** |
| Okta, Inc.<sup>(c)</sup> <br>| &nbsp;&nbsp; 61137 | &nbsp;&nbsp; 4812094 |
| **Semiconductors & Semiconductor Equipment 9.3%** | **Semiconductors & Semiconductor Equipment 9.3%** | **Semiconductors & Semiconductor Equipment 9.3%** |
| Applied Materials, Inc. | &nbsp;&nbsp; 33498 | &nbsp;&nbsp; 11449282 |
| Broadcom, Inc. | &nbsp;&nbsp; 83900 | &nbsp;&nbsp; 25967889 |
| Lam Research Corp. | &nbsp;&nbsp; 38047 | &nbsp;&nbsp; 8129122 |
| Marvell Technology, Inc. | &nbsp;&nbsp; 69455 | &nbsp;&nbsp; 6879518 |
| Micron Technology, Inc. | &nbsp;&nbsp; 9592 | &nbsp;&nbsp; 3240561 |
| NVIDIA Corp. | &nbsp;&nbsp; 451420 | &nbsp;&nbsp; 78727648 |
| Texas Instruments, Inc. | &nbsp;&nbsp; 74801 | &nbsp;&nbsp; 14521866 |
| Total |  | &nbsp;&nbsp; 148915886 |
| **Software 5.2%** | **Software 5.2%** | **Software 5.2%** |
| Intuit, Inc. | &nbsp;&nbsp; 11979 | &nbsp;&nbsp; 5179480 |
| Microsoft Corp. | &nbsp;&nbsp; 154378 | &nbsp;&nbsp; 57146104 |
| Oracle Corp. | &nbsp;&nbsp; 57608 | &nbsp;&nbsp; 8474713 |
| Palo Alto Networks, Inc.<sup>(c)</sup> <br>| &nbsp;&nbsp; 28735 | &nbsp;&nbsp; 4606795 |
| Salesforce, Inc. | &nbsp;&nbsp; 17136 | &nbsp;&nbsp; 3198777 |
| Synopsys, Inc.<sup>(c)</sup> <br>| &nbsp;&nbsp; 11868 | &nbsp;&nbsp; 4705425 |
| Total |  | &nbsp;&nbsp; 83311294 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks (continued)** | **Common Stocks (continued)** | **Common Stocks (continued)** |
| **Issuer** | **Shares** | **Value ($)** |
| **Technology Hardware, Storage & Peripherals 4.2%** | **Technology Hardware, Storage & Peripherals 4.2%** | **Technology Hardware, Storage & Peripherals 4.2%** |
| Apple, Inc. | &nbsp;&nbsp; 234298 | &nbsp;&nbsp; 59462489 |
| Dell Technologies, Inc. | &nbsp;&nbsp; 39237 | &nbsp;&nbsp; 6439969 |
| Total |  | &nbsp;&nbsp; 65902458 |
| **Total Information Technology** | **Total Information Technology** | &nbsp;&nbsp; **317523385** |
| **Materials 0.4%** | **Materials 0.4%** | **Materials 0.4%** |
| **Chemicals 0.4%** | **Chemicals 0.4%** | **Chemicals 0.4%** |
| International Flavors & Fragrances, Inc. | &nbsp;&nbsp; 84288 | &nbsp;&nbsp; 6115094 |
| **Total Materials** | **Total Materials** | &nbsp;&nbsp; **6115094** |
| **Real Estate 0.8%** | **Real Estate 0.8%** | **Real Estate 0.8%** |
| **Specialized REITs 0.8%** | **Specialized REITs 0.8%** | **Specialized REITs 0.8%** |
| Equinix, Inc. | &nbsp;&nbsp; 13511 | &nbsp;&nbsp; 13244023 |
| **Total Real Estate** | **Total Real Estate** | &nbsp;&nbsp; **13244023** |
| **Utilities 1.4%** | **Utilities 1.4%** | **Utilities 1.4%** |
| **Multi-Utilities 1.4%** | **Multi-Utilities 1.4%** | **Multi-Utilities 1.4%** |
| DTE Energy Co. | &nbsp;&nbsp; 83862 | &nbsp;&nbsp; 12262302 |
| Public Service Enterprise Group, Inc. | &nbsp;&nbsp; 125030 | &nbsp;&nbsp; 10121178 |
| Total |  | &nbsp;&nbsp; 22383480 |
| **Total Utilities** | **Total Utilities** | &nbsp;&nbsp; **22383480** |
| &nbsp;&nbsp; Total Common Stocks <br>(Cost $670,473,958) | &nbsp;&nbsp; Total Common Stocks <br>(Cost $670,473,958) | &nbsp;&nbsp; **942690259** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes 9.0%** | **Corporate Bonds & Notes 9.0%** | **Corporate Bonds & Notes 9.0%** | **Corporate Bonds & Notes 9.0%** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| **Aerospace & Defense 0.9%** | **Aerospace & Defense 0.9%** | **Aerospace & Defense 0.9%** | **Aerospace & Defense 0.9%** |
| Allegheny Technologies, Inc. | Allegheny Technologies, Inc. | Allegheny Technologies, Inc. | Allegheny Technologies, Inc. |
| 10/01/2029 | &nbsp;&nbsp; 4.875% | 21000 | &nbsp;&nbsp; 20723 |
| 10/01/2031 | &nbsp;&nbsp; 5.125% | 52000 | &nbsp;&nbsp; 51367 |
| BAE Systems PLC<sup>(a)</sup>  | BAE Systems PLC<sup>(a)</sup>  | BAE Systems PLC<sup>(a)</sup>  | BAE Systems PLC<sup>(a)</sup>  |
| 03/26/2029 | &nbsp;&nbsp; 5.125% | 803000 | &nbsp;&nbsp; 819528 |
| 02/15/2031 | &nbsp;&nbsp; 1.900% | 580000 | &nbsp;&nbsp; 510851 |
| Boeing Co. (The) | Boeing Co. (The) | Boeing Co. (The) | Boeing Co. (The) |
| 05/01/2040 | &nbsp;&nbsp; 5.705% | 1505000 | &nbsp;&nbsp; 1507572 |
| 08/01/2059 | &nbsp;&nbsp; 3.950% | 808000 | &nbsp;&nbsp; 555653 |
| L3Harris Technologies, Inc. | L3Harris Technologies, Inc. | L3Harris Technologies, Inc. | L3Harris Technologies, Inc. |
| 01/15/2027 | &nbsp;&nbsp; 5.400% | 3200000 | &nbsp;&nbsp; 3225897 |
| 07/31/2033 | &nbsp;&nbsp; 5.400% | 375000 | &nbsp;&nbsp; 384456 |
| Lockheed Martin Corp. | Lockheed Martin Corp. | Lockheed Martin Corp. | Lockheed Martin Corp. |
| 08/15/2030 | &nbsp;&nbsp; 4.400% | 800000 | &nbsp;&nbsp; 800815 |

---

Columbia Variable Portfolio – Balanced Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Balanced Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Northrop Grumman Corp. | Northrop Grumman Corp. | Northrop Grumman Corp. | Northrop Grumman Corp. |
| 02/01/2027 | &nbsp;&nbsp; 3.200% | 309000 | &nbsp;&nbsp; 306657 |
| 02/01/2029 | &nbsp;&nbsp; 4.600% | 1600000 | &nbsp;&nbsp; 1610833 |
| Raytheon Technologies Corp. | Raytheon Technologies Corp. | Raytheon Technologies Corp. | Raytheon Technologies Corp. |
| 03/15/2027 | &nbsp;&nbsp; 3.500% | 3235000 | &nbsp;&nbsp; 3211662 |
| 03/15/2032 | &nbsp;&nbsp; 2.375% | 1525000 | &nbsp;&nbsp; 1343513 |
| TransDigm, Inc.<sup>(a)</sup>  | TransDigm, Inc.<sup>(a)</sup>  | TransDigm, Inc.<sup>(a)</sup>  | TransDigm, Inc.<sup>(a)</sup>  |
| 03/01/2029 | &nbsp;&nbsp; 6.375% | 20000 | &nbsp;&nbsp; 20407 |
| 12/15/2030 | &nbsp;&nbsp; 6.875% | 81000 | &nbsp;&nbsp; 83061 |
| 03/01/2032 | &nbsp;&nbsp; 6.625% | 100000 | &nbsp;&nbsp; 102170 |
| 01/15/2033 | &nbsp;&nbsp; 6.000% | 94000 | &nbsp;&nbsp; 94068 |
| 05/31/2033 | &nbsp;&nbsp; 6.375% | 209000 | &nbsp;&nbsp; 208403 |
| 01/31/2034 | &nbsp;&nbsp; 6.250% | 11000 | &nbsp;&nbsp; 11120 |
| 01/31/2034 | &nbsp;&nbsp; 6.750% | 52000 | &nbsp;&nbsp; 52696 |
| 07/31/2034 | &nbsp;&nbsp; 6.125% | 12000 | &nbsp;&nbsp; 11822 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **14933274** |
| **Airlines 0.0%** | **Airlines 0.0%** | **Airlines 0.0%** | **Airlines 0.0%** |
| American Airlines, Inc./AAdvantage Loyalty IP Ltd.<sup>(a)</sup>  | American Airlines, Inc./AAdvantage Loyalty IP Ltd.<sup>(a)</sup>  | American Airlines, Inc./AAdvantage Loyalty IP Ltd.<sup>(a)</sup>  | American Airlines, Inc./AAdvantage Loyalty IP Ltd.<sup>(a)</sup>  |
| 04/20/2029 | &nbsp;&nbsp; 5.750% | 50290 | &nbsp;&nbsp; 49898 |
| **Automotive 0.0%** | **Automotive 0.0%** | **Automotive 0.0%** | **Automotive 0.0%** |
| American Axle & Manufacturing, Inc. | American Axle & Manufacturing, Inc. | American Axle & Manufacturing, Inc. | American Axle & Manufacturing, Inc. |
| 10/01/2029 | &nbsp;&nbsp; 5.000% | 19000 | &nbsp;&nbsp; 18113 |
| American Axle & Manufacturing, Inc.<sup>(a)</sup>  | American Axle & Manufacturing, Inc.<sup>(a)</sup>  | American Axle & Manufacturing, Inc.<sup>(a)</sup>  | American Axle & Manufacturing, Inc.<sup>(a)</sup>  |
| 10/15/2032 | &nbsp;&nbsp; 6.375% | 24000 | &nbsp;&nbsp; 23748 |
| 10/15/2033 | &nbsp;&nbsp; 7.750% | 103000 | &nbsp;&nbsp; 100287 |
| Clarios Global LP/US Finance Co.<sup>(a)</sup>  | Clarios Global LP/US Finance Co.<sup>(a)</sup>  | Clarios Global LP/US Finance Co.<sup>(a)</sup>  | Clarios Global LP/US Finance Co.<sup>(a)</sup>  |
| 02/15/2030 | &nbsp;&nbsp; 6.750% | 26000 | &nbsp;&nbsp; 26485 |
| 09/15/2032 | &nbsp;&nbsp; 6.750% | 63000 | &nbsp;&nbsp; 63532 |
| IHO Verwaltungs GmbH<sup>(a),(d)</sup>  | IHO Verwaltungs GmbH<sup>(a),(d)</sup>  | IHO Verwaltungs GmbH<sup>(a),(d)</sup>  | IHO Verwaltungs GmbH<sup>(a),(d)</sup>  |
| 11/15/2032 | &nbsp;&nbsp; 8.000% | 73000 | &nbsp;&nbsp; 75150 |
| Nissan Motor Acceptance Co. LLC<sup>(a)</sup>  | Nissan Motor Acceptance Co. LLC<sup>(a)</sup>  | Nissan Motor Acceptance Co. LLC<sup>(a)</sup>  | Nissan Motor Acceptance Co. LLC<sup>(a)</sup>  |
| 09/30/2030 | &nbsp;&nbsp; 6.125% | 25000 | &nbsp;&nbsp; 24045 |
| Nissan Motor Co., Ltd.<sup>(a)</sup>  | Nissan Motor Co., Ltd.<sup>(a)</sup>  | Nissan Motor Co., Ltd.<sup>(a)</sup>  | Nissan Motor Co., Ltd.<sup>(a)</sup>  |
| 07/17/2035 | &nbsp;&nbsp; 8.125% | 85000 | &nbsp;&nbsp; 87580 |
| ZF North America Capital, Inc.<sup>(a)</sup>  | ZF North America Capital, Inc.<sup>(a)</sup>  | ZF North America Capital, Inc.<sup>(a)</sup>  | ZF North America Capital, Inc.<sup>(a)</sup>  |
| 04/14/2030 | &nbsp;&nbsp; 7.125% | 16000 | &nbsp;&nbsp; 15793 |
| 03/24/2031 | &nbsp;&nbsp; 7.500% | 69000 | &nbsp;&nbsp; 67697 |
| 04/23/2032 | &nbsp;&nbsp; 6.875% | 149000 | &nbsp;&nbsp; 142121 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **644551** |
| **Banking 1.8%** | **Banking 1.8%** | **Banking 1.8%** | **Banking 1.8%** |
| Ally Financial, Inc.<sup>(e)</sup>  | Ally Financial, Inc.<sup>(e)</sup>  | Ally Financial, Inc.<sup>(e)</sup>  | Ally Financial, Inc.<sup>(e)</sup>  |
| Subordinated | Subordinated | Subordinated | Subordinated |
| 01/17/2040 | &nbsp;&nbsp; 6.646% | 6000 | &nbsp;&nbsp; 5786 |
| Bank of America Corp.<sup>(e)</sup>  | Bank of America Corp.<sup>(e)</sup>  | Bank of America Corp.<sup>(e)</sup>  | Bank of America Corp.<sup>(e)</sup>  |
| 02/04/2033 | &nbsp;&nbsp; 2.972% | 5680000 | &nbsp;&nbsp; 5141111 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Citigroup, Inc.<sup>(e)</sup>  | Citigroup, Inc.<sup>(e)</sup>  | Citigroup, Inc.<sup>(e)</sup>  | Citigroup, Inc.<sup>(e)</sup>  |
| 09/11/2031 | &nbsp;&nbsp; 4.503% | 546000 | &nbsp;&nbsp; 539473 |
| 09/11/2036 | &nbsp;&nbsp; 5.174% | 1136000 | &nbsp;&nbsp; 1125008 |
| Goldman Sachs Group, Inc. (The)<sup>(e)</sup>  | Goldman Sachs Group, Inc. (The)<sup>(e)</sup>  | Goldman Sachs Group, Inc. (The)<sup>(e)</sup>  | Goldman Sachs Group, Inc. (The)<sup>(e)</sup>  |
| 04/22/2032 | &nbsp;&nbsp; 2.615% | 2900000 | &nbsp;&nbsp; 2605347 |
| HSBC Holdings PLC<sup>(e)</sup>  | HSBC Holdings PLC<sup>(e)</sup>  | HSBC Holdings PLC<sup>(e)</sup>  | HSBC Holdings PLC<sup>(e)</sup>  |
| 03/10/2037 | &nbsp;&nbsp; 5.279% | 2167000 | &nbsp;&nbsp; 2127533 |
| JPMorgan Chase & Co.<sup>(e)</sup>  | JPMorgan Chase & Co.<sup>(e)</sup>  | JPMorgan Chase & Co.<sup>(e)</sup>  | JPMorgan Chase & Co.<sup>(e)</sup>  |
| 07/22/2030 | &nbsp;&nbsp; 4.995% | 4083000 | &nbsp;&nbsp; 4141465 |
| 10/22/2031 | &nbsp;&nbsp; 4.255% | 949000 | &nbsp;&nbsp; 934240 |
| 01/22/2032 | &nbsp;&nbsp; 4.347% | 1921000 | &nbsp;&nbsp; 1893720 |
| 10/22/2036 | &nbsp;&nbsp; 4.810% | 201000 | &nbsp;&nbsp; 195106 |
| 01/22/2037 | &nbsp;&nbsp; 4.898% | 246000 | &nbsp;&nbsp; 240658 |
| Morgan Stanley<sup>(e)</sup>  | Morgan Stanley<sup>(e)</sup>  | Morgan Stanley<sup>(e)</sup>  | Morgan Stanley<sup>(e)</sup>  |
| 01/16/2032 | &nbsp;&nbsp; 4.493% | 559000 | &nbsp;&nbsp; 549814 |
| 03/12/2032 | &nbsp;&nbsp; 4.708% | 826000 | &nbsp;&nbsp; 820412 |
| 01/30/2037 | &nbsp;&nbsp; 5.073% | 1925000 | &nbsp;&nbsp; 1885407 |
| Subordinated | Subordinated | Subordinated | Subordinated |
| 09/16/2036 | &nbsp;&nbsp; 2.484% | 1725000 | &nbsp;&nbsp; 1483936 |
| PNC Financial Services Group, Inc. (The)<sup>(e)</sup>  | PNC Financial Services Group, Inc. (The)<sup>(e)</sup>  | PNC Financial Services Group, Inc. (The)<sup>(e)</sup>  | PNC Financial Services Group, Inc. (The)<sup>(e)</sup>  |
| 01/22/2035 | &nbsp;&nbsp; 5.676% | 500000 | &nbsp;&nbsp; 514678 |
| Royal Bank of Canada<sup>(e)</sup>  | Royal Bank of Canada<sup>(e)</sup>  | Royal Bank of Canada<sup>(e)</sup>  | Royal Bank of Canada<sup>(e)</sup>  |
| 08/06/2029 | &nbsp;&nbsp; 4.498% | 1440000 | &nbsp;&nbsp; 1440838 |
| 02/04/2031 | &nbsp;&nbsp; 5.153% | 262000 | &nbsp;&nbsp; 266155 |
| 08/06/2031 | &nbsp;&nbsp; 4.696% | 232000 | &nbsp;&nbsp; 231646 |
| US Bancorp<sup>(e)</sup>  | US Bancorp<sup>(e)</sup>  | US Bancorp<sup>(e)</sup>  | US Bancorp<sup>(e)</sup>  |
| 06/12/2034 | &nbsp;&nbsp; 5.836% | 525000 | &nbsp;&nbsp; 548036 |
| Wells Fargo & Co.<sup>(e)</sup>  | Wells Fargo & Co.<sup>(e)</sup>  | Wells Fargo & Co.<sup>(e)</sup>  | Wells Fargo & Co.<sup>(e)</sup>  |
| 04/24/2034 | &nbsp;&nbsp; 5.389% | 2000000 | &nbsp;&nbsp; 2028687 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **28719056** |
| **Brokerage/Asset Managers/Exchanges 0.0%** | **Brokerage/Asset Managers/Exchanges 0.0%** | **Brokerage/Asset Managers/Exchanges 0.0%** | **Brokerage/Asset Managers/Exchanges 0.0%** |
| Aretec Escrow Issuer 2, Inc.<sup>(a)</sup>  | Aretec Escrow Issuer 2, Inc.<sup>(a)</sup>  | Aretec Escrow Issuer 2, Inc.<sup>(a)</sup>  | Aretec Escrow Issuer 2, Inc.<sup>(a)</sup>  |
| 08/15/2030 | &nbsp;&nbsp; 10.000% | 59000 | &nbsp;&nbsp; 62675 |
| Aretec Escrow Issuer, Inc.<sup>(a)</sup>  | Aretec Escrow Issuer, Inc.<sup>(a)</sup>  | Aretec Escrow Issuer, Inc.<sup>(a)</sup>  | Aretec Escrow Issuer, Inc.<sup>(a)</sup>  |
| 04/01/2029 | &nbsp;&nbsp; 7.500% | 45000 | &nbsp;&nbsp; 44562 |
| Focus Financial Partners LLC<sup>(a)</sup>  | Focus Financial Partners LLC<sup>(a)</sup>  | Focus Financial Partners LLC<sup>(a)</sup>  | Focus Financial Partners LLC<sup>(a)</sup>  |
| 09/15/2031 | &nbsp;&nbsp; 6.750% | 65000 | &nbsp;&nbsp; 64660 |
| Hightower Holding LLC<sup>(a)</sup>  | Hightower Holding LLC<sup>(a)</sup>  | Hightower Holding LLC<sup>(a)</sup>  | Hightower Holding LLC<sup>(a)</sup>  |
| 04/15/2029 | &nbsp;&nbsp; 6.750% | 84000 | &nbsp;&nbsp; 82269 |
| 01/31/2030 | &nbsp;&nbsp; 9.125% | 59000 | &nbsp;&nbsp; 60149 |
| Osaic Holdings, Inc.<sup>(a)</sup>  | Osaic Holdings, Inc.<sup>(a)</sup>  | Osaic Holdings, Inc.<sup>(a)</sup>  | Osaic Holdings, Inc.<sup>(a)</sup>  |
| 08/01/2032 | &nbsp;&nbsp; 6.750% | 73000 | &nbsp;&nbsp; 72913 |
| 08/01/2033 | &nbsp;&nbsp; 8.000% | 74000 | &nbsp;&nbsp; 73067 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **460295** |

---

Columbia Variable Portfolio – Balanced Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Balanced Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| **Building Materials 0.1%** | **Building Materials 0.1%** | **Building Materials 0.1%** | **Building Materials 0.1%** |
| American Builders & Contractors Supply Co., Inc.<sup>(a)</sup>  | American Builders & Contractors Supply Co., Inc.<sup>(a)</sup>  | American Builders & Contractors Supply Co., Inc.<sup>(a)</sup>  | American Builders & Contractors Supply Co., Inc.<sup>(a)</sup>  |
| 11/15/2029 | &nbsp;&nbsp; 3.875% | 83000 | &nbsp;&nbsp; 78691 |
| CP Atlas Buyer, Inc.<sup>(a)</sup>  | CP Atlas Buyer, Inc.<sup>(a)</sup>  | CP Atlas Buyer, Inc.<sup>(a)</sup>  | CP Atlas Buyer, Inc.<sup>(a)</sup>  |
| 07/15/2030 | &nbsp;&nbsp; 9.750% | 22000 | &nbsp;&nbsp; 20715 |
| James Hardie International Finance DAC<sup>(a)</sup>  | James Hardie International Finance DAC<sup>(a)</sup>  | James Hardie International Finance DAC<sup>(a)</sup>  | James Hardie International Finance DAC<sup>(a)</sup>  |
| 01/15/2028 | &nbsp;&nbsp; 5.000% | 52000 | &nbsp;&nbsp; 51690 |
| JH North America Holdings, Inc.<sup>(a)</sup>  | JH North America Holdings, Inc.<sup>(a)</sup>  | JH North America Holdings, Inc.<sup>(a)</sup>  | JH North America Holdings, Inc.<sup>(a)</sup>  |
| 07/31/2032 | &nbsp;&nbsp; 6.125% | 17000 | &nbsp;&nbsp; 16977 |
| LBM Acquisition LLC<sup>(a)</sup>  | LBM Acquisition LLC<sup>(a)</sup>  | LBM Acquisition LLC<sup>(a)</sup>  | LBM Acquisition LLC<sup>(a)</sup>  |
| 01/15/2029 | &nbsp;&nbsp; 6.250% | 34000 | &nbsp;&nbsp; 24898 |
| 06/15/2031 | &nbsp;&nbsp; 9.500% | 64000 | &nbsp;&nbsp; 55683 |
| Quikrete Holdings, Inc.<sup>(a)</sup>  | Quikrete Holdings, Inc.<sup>(a)</sup>  | Quikrete Holdings, Inc.<sup>(a)</sup>  | Quikrete Holdings, Inc.<sup>(a)</sup>  |
| 03/01/2032 | &nbsp;&nbsp; 6.375% | 74000 | &nbsp;&nbsp; 75215 |
| 03/01/2033 | &nbsp;&nbsp; 6.750% | 67000 | &nbsp;&nbsp; 68056 |
| QXO Building Products, Inc.<sup>(a)</sup>  | QXO Building Products, Inc.<sup>(a)</sup>  | QXO Building Products, Inc.<sup>(a)</sup>  | QXO Building Products, Inc.<sup>(a)</sup>  |
| 04/30/2032 | &nbsp;&nbsp; 6.750% | 63000 | &nbsp;&nbsp; 64269 |
| Standard Building Solutions, Inc.<sup>(a)</sup>  | Standard Building Solutions, Inc.<sup>(a)</sup>  | Standard Building Solutions, Inc.<sup>(a)</sup>  | Standard Building Solutions, Inc.<sup>(a)</sup>  |
| 08/15/2032 | &nbsp;&nbsp; 6.500% | 78000 | &nbsp;&nbsp; 78388 |
| 08/01/2033 | &nbsp;&nbsp; 6.250% | 19000 | &nbsp;&nbsp; 18808 |
| Standard Industries, Inc.<sup>(a)</sup>  | Standard Industries, Inc.<sup>(a)</sup>  | Standard Industries, Inc.<sup>(a)</sup>  | Standard Industries, Inc.<sup>(a)</sup>  |
| 01/15/2028 | &nbsp;&nbsp; 4.750% | 46000 | &nbsp;&nbsp; 45532 |
| White Cap Supply Holdings LLC<sup>(a)</sup>  | White Cap Supply Holdings LLC<sup>(a)</sup>  | White Cap Supply Holdings LLC<sup>(a)</sup>  | White Cap Supply Holdings LLC<sup>(a)</sup>  |
| 11/15/2030 | &nbsp;&nbsp; 7.375% | 105000 | &nbsp;&nbsp; 101918 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **700840** |
| **Cable and Satellite 0.2%** | **Cable and Satellite 0.2%** | **Cable and Satellite 0.2%** | **Cable and Satellite 0.2%** |
| CCO Holdings LLC/Capital Corp.<sup>(a)</sup>  | CCO Holdings LLC/Capital Corp.<sup>(a)</sup>  | CCO Holdings LLC/Capital Corp.<sup>(a)</sup>  | CCO Holdings LLC/Capital Corp.<sup>(a)</sup>  |
| 05/01/2027 | &nbsp;&nbsp; 5.125% | 17000 | &nbsp;&nbsp; 17003 |
| 02/01/2028 | &nbsp;&nbsp; 5.000% | 62000 | &nbsp;&nbsp; 61429 |
| 06/01/2029 | &nbsp;&nbsp; 5.375% | 66000 | &nbsp;&nbsp; 65109 |
| 03/01/2030 | &nbsp;&nbsp; 4.750% | 131000 | &nbsp;&nbsp; 124251 |
| 08/15/2030 | &nbsp;&nbsp; 4.500% | 221000 | &nbsp;&nbsp; 206260 |
| 02/01/2032 | &nbsp;&nbsp; 4.750% | 56000 | &nbsp;&nbsp; 50765 |
| 01/15/2034 | &nbsp;&nbsp; 4.250% | 77000 | &nbsp;&nbsp; 65876 |
| CCO Holdings LLC/Capital Corp. | CCO Holdings LLC/Capital Corp. | CCO Holdings LLC/Capital Corp. | CCO Holdings LLC/Capital Corp. |
| 05/01/2032 | &nbsp;&nbsp; 4.500% | 57000 | &nbsp;&nbsp; 50967 |
| Charter Communications Operating LLC | Charter Communications Operating LLC | Charter Communications Operating LLC | Charter Communications Operating LLC |
| 06/30/2062 | &nbsp;&nbsp; 3.950% | 700000 | &nbsp;&nbsp; 412061 |
| CSC Holdings LLC<sup>(a)</sup>  | CSC Holdings LLC<sup>(a)</sup>  | CSC Holdings LLC<sup>(a)</sup>  | CSC Holdings LLC<sup>(a)</sup>  |
| 04/15/2027 | &nbsp;&nbsp; 5.500% | 9000 | &nbsp;&nbsp; 7810 |
| 02/01/2028 | &nbsp;&nbsp; 5.375% | 18000 | &nbsp;&nbsp; 13325 |
| 02/01/2029 | &nbsp;&nbsp; 6.500% | 109000 | &nbsp;&nbsp; 69574 |
| 01/15/2030 | &nbsp;&nbsp; 5.750% | 43000 | &nbsp;&nbsp; 16156 |
| 02/15/2031 | &nbsp;&nbsp; 3.375% | 52000 | &nbsp;&nbsp; 30536 |
| DirecTV Financing LLC<sup>(a)</sup>  | DirecTV Financing LLC<sup>(a)</sup>  | DirecTV Financing LLC<sup>(a)</sup>  | DirecTV Financing LLC<sup>(a)</sup>  |
| 02/01/2030 | &nbsp;&nbsp; 8.875% | 3000 | &nbsp;&nbsp; 2994 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| DISH DBS Corp.<sup>(a)</sup>  | DISH DBS Corp.<sup>(a)</sup>  | DISH DBS Corp.<sup>(a)</sup>  | DISH DBS Corp.<sup>(a)</sup>  |
| 12/01/2028 | &nbsp;&nbsp; 5.750% | 28000 | &nbsp;&nbsp; 27115 |
| DISH DBS Corp. | DISH DBS Corp. | DISH DBS Corp. | DISH DBS Corp. |
| 06/01/2029 | &nbsp;&nbsp; 5.125% | 40000 | &nbsp;&nbsp; 35746 |
| DISH Network Corp.<sup>(a)</sup>  | DISH Network Corp.<sup>(a)</sup>  | DISH Network Corp.<sup>(a)</sup>  | DISH Network Corp.<sup>(a)</sup>  |
| 11/15/2027 | &nbsp;&nbsp; 11.750% | 92000 | &nbsp;&nbsp; 94780 |
| EchoStar Corp. | EchoStar Corp. | EchoStar Corp. | EchoStar Corp. |
| 11/30/2029 | &nbsp;&nbsp; 10.750% | 134611 | &nbsp;&nbsp; 145380 |
| Sirius XM Radio, Inc.<sup>(a)</sup>  | Sirius XM Radio, Inc.<sup>(a)</sup>  | Sirius XM Radio, Inc.<sup>(a)</sup>  | Sirius XM Radio, Inc.<sup>(a)</sup>  |
| 08/01/2027 | &nbsp;&nbsp; 5.000% | 19000 | &nbsp;&nbsp; 18970 |
| 07/01/2029 | &nbsp;&nbsp; 5.500% | 18000 | &nbsp;&nbsp; 17918 |
| Time Warner Cable LLC | Time Warner Cable LLC | Time Warner Cable LLC | Time Warner Cable LLC |
| 05/01/2037 | &nbsp;&nbsp; 6.550% | 1975000 | &nbsp;&nbsp; 1990994 |
| Virgin Media Finance PLC<sup>(a)</sup>  | Virgin Media Finance PLC<sup>(a)</sup>  | Virgin Media Finance PLC<sup>(a)</sup>  | Virgin Media Finance PLC<sup>(a)</sup>  |
| 07/15/2030 | &nbsp;&nbsp; 5.000% | 27000 | &nbsp;&nbsp; 22143 |
| Virgin Media Secured Finance PLC<sup>(a)</sup>  | Virgin Media Secured Finance PLC<sup>(a)</sup>  | Virgin Media Secured Finance PLC<sup>(a)</sup>  | Virgin Media Secured Finance PLC<sup>(a)</sup>  |
| 05/15/2029 | &nbsp;&nbsp; 5.500% | 59000 | &nbsp;&nbsp; 56572 |
| 08/15/2030 | &nbsp;&nbsp; 4.500% | 22000 | &nbsp;&nbsp; 19493 |
| VZ Secured Financing BV<sup>(a)</sup>  | VZ Secured Financing BV<sup>(a)</sup>  | VZ Secured Financing BV<sup>(a)</sup>  | VZ Secured Financing BV<sup>(a)</sup>  |
| 01/15/2032 | &nbsp;&nbsp; 5.000% | 113000 | &nbsp;&nbsp; 97163 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **3720390** |
| **Chemicals 0.1%** | **Chemicals 0.1%** | **Chemicals 0.1%** | **Chemicals 0.1%** |
| Avient Corp.<sup>(a)</sup>  | Avient Corp.<sup>(a)</sup>  | Avient Corp.<sup>(a)</sup>  | Avient Corp.<sup>(a)</sup>  |
| 11/01/2031 | &nbsp;&nbsp; 6.250% | 23000 | &nbsp;&nbsp; 23155 |
| Axalta Coating Systems LLC/Dutch Holding B BV<sup>(a)</sup>  | Axalta Coating Systems LLC/Dutch Holding B BV<sup>(a)</sup>  | Axalta Coating Systems LLC/Dutch Holding B BV<sup>(a)</sup>  | Axalta Coating Systems LLC/Dutch Holding B BV<sup>(a)</sup>  |
| 06/15/2027 | &nbsp;&nbsp; 4.750% | 35000 | &nbsp;&nbsp; 34764 |
| Celanese US Holdings LLC | Celanese US Holdings LLC | Celanese US Holdings LLC | Celanese US Holdings LLC |
| 04/15/2030 | &nbsp;&nbsp; 6.500% | 43000 | &nbsp;&nbsp; 43830 |
| 02/15/2031 | &nbsp;&nbsp; 7.000% | 20000 | &nbsp;&nbsp; 20522 |
| 04/15/2033 | &nbsp;&nbsp; 6.750% | 15000 | &nbsp;&nbsp; 15386 |
| 11/15/2033 | &nbsp;&nbsp; 7.200% | 37000 | &nbsp;&nbsp; 39513 |
| 02/15/2034 | &nbsp;&nbsp; 7.375% | 30000 | &nbsp;&nbsp; 30775 |
| Element Solutions, Inc.<sup>(a)</sup>  | Element Solutions, Inc.<sup>(a)</sup>  | Element Solutions, Inc.<sup>(a)</sup>  | Element Solutions, Inc.<sup>(a)</sup>  |
| 09/01/2028 | &nbsp;&nbsp; 3.875% | 21000 | &nbsp;&nbsp; 20439 |
| INEOS Finance PLC<sup>(a)</sup>  | INEOS Finance PLC<sup>(a)</sup>  | INEOS Finance PLC<sup>(a)</sup>  | INEOS Finance PLC<sup>(a)</sup>  |
| 05/15/2028 | &nbsp;&nbsp; 6.750% | 20000 | &nbsp;&nbsp; 19337 |
| 04/15/2029 | &nbsp;&nbsp; 7.500% | 159000 | &nbsp;&nbsp; 154286 |
| INEOS Quattro Finance 2 PLC<sup>(a)</sup>  | INEOS Quattro Finance 2 PLC<sup>(a)</sup>  | INEOS Quattro Finance 2 PLC<sup>(a)</sup>  | INEOS Quattro Finance 2 PLC<sup>(a)</sup>  |
| 03/15/2029 | &nbsp;&nbsp; 9.625% | 99000 | &nbsp;&nbsp; 81342 |
| Innophos Holdings, Inc.<sup>(a)</sup>  | Innophos Holdings, Inc.<sup>(a)</sup>  | Innophos Holdings, Inc.<sup>(a)</sup>  | Innophos Holdings, Inc.<sup>(a)</sup>  |
| 06/15/2029 | &nbsp;&nbsp; 11.500% | 58550 | &nbsp;&nbsp; 48740 |
| Inversion Escrow Issuer LLC<sup>(a)</sup>  | Inversion Escrow Issuer LLC<sup>(a)</sup>  | Inversion Escrow Issuer LLC<sup>(a)</sup>  | Inversion Escrow Issuer LLC<sup>(a)</sup>  |
| 08/01/2032 | &nbsp;&nbsp; 6.750% | 65000 | &nbsp;&nbsp; 61934 |
| LYB International Finance III LLC | LYB International Finance III LLC | LYB International Finance III LLC | LYB International Finance III LLC |
| 04/01/2051 | &nbsp;&nbsp; 3.625% | 500000 | &nbsp;&nbsp; 322126 |

---

Columbia Variable Portfolio – Balanced Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Balanced Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Olympus Water US Holding Corp.<sup>(a)</sup>  | Olympus Water US Holding Corp.<sup>(a)</sup>  | Olympus Water US Holding Corp.<sup>(a)</sup>  | Olympus Water US Holding Corp.<sup>(a)</sup>  |
| 10/01/2028 | &nbsp;&nbsp; 4.250% | 21000 | &nbsp;&nbsp; 20117 |
| 10/01/2029 | &nbsp;&nbsp; 6.250% | 53000 | &nbsp;&nbsp; 50279 |
| 06/15/2031 | &nbsp;&nbsp; 7.250% | 68000 | &nbsp;&nbsp; 66496 |
| 02/15/2033 | &nbsp;&nbsp; 7.250% | 100000 | &nbsp;&nbsp; 95579 |
| Qnity Electronics, Inc.<sup>(a)</sup>  | Qnity Electronics, Inc.<sup>(a)</sup>  | Qnity Electronics, Inc.<sup>(a)</sup>  | Qnity Electronics, Inc.<sup>(a)</sup>  |
| 08/15/2032 | &nbsp;&nbsp; 5.750% | 24000 | &nbsp;&nbsp; 24030 |
| 08/15/2033 | &nbsp;&nbsp; 6.250% | 19000 | &nbsp;&nbsp; 19276 |
| Tronox, Inc.<sup>(a)</sup>  | Tronox, Inc.<sup>(a)</sup>  | Tronox, Inc.<sup>(a)</sup>  | Tronox, Inc.<sup>(a)</sup>  |
| 03/15/2029 | &nbsp;&nbsp; 4.625% | 32000 | &nbsp;&nbsp; 25636 |
| 09/30/2030 | &nbsp;&nbsp; 9.125% | 11000 | &nbsp;&nbsp; 10984 |
| W.R. Grace Holdings LLC<sup>(a)</sup>  | W.R. Grace Holdings LLC<sup>(a)</sup>  | W.R. Grace Holdings LLC<sup>(a)</sup>  | W.R. Grace Holdings LLC<sup>(a)</sup>  |
| 08/15/2029 | &nbsp;&nbsp; 5.625% | 168000 | &nbsp;&nbsp; 154278 |
| 03/01/2031 | &nbsp;&nbsp; 7.375% | 13000 | &nbsp;&nbsp; 13027 |
| 08/15/2032 | &nbsp;&nbsp; 6.625% | 105000 | &nbsp;&nbsp; 102320 |
| 08/01/2033 | &nbsp;&nbsp; 7.000% | 18000 | &nbsp;&nbsp; 17538 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **1515709** |
| **Construction Machinery 0.2%** | **Construction Machinery 0.2%** | **Construction Machinery 0.2%** | **Construction Machinery 0.2%** |
| Caterpillar Financial Services Corp. | Caterpillar Financial Services Corp. | Caterpillar Financial Services Corp. | Caterpillar Financial Services Corp. |
| 10/16/2026 | &nbsp;&nbsp; 4.450% | 732000 | &nbsp;&nbsp; 733295 |
| Herc Holdings, Inc.<sup>(a)</sup>  | Herc Holdings, Inc.<sup>(a)</sup>  | Herc Holdings, Inc.<sup>(a)</sup>  | Herc Holdings, Inc.<sup>(a)</sup>  |
| 06/15/2029 | &nbsp;&nbsp; 6.625% | 34000 | &nbsp;&nbsp; 34574 |
| 06/15/2030 | &nbsp;&nbsp; 7.000% | 63000 | &nbsp;&nbsp; 64651 |
| 03/15/2031 | &nbsp;&nbsp; 5.750% | 13000 | &nbsp;&nbsp; 12812 |
| 06/15/2033 | &nbsp;&nbsp; 7.250% | 111000 | &nbsp;&nbsp; 113966 |
| 03/15/2034 | &nbsp;&nbsp; 6.000% | 45000 | &nbsp;&nbsp; 43485 |
| John Deere Capital Corp. | John Deere Capital Corp. | John Deere Capital Corp. | John Deere Capital Corp. |
| 07/14/2028 | &nbsp;&nbsp; 4.950% | 1100000 | &nbsp;&nbsp; 1121346 |
| Ritchie Bros Holdings, Inc.<sup>(a)</sup>  | Ritchie Bros Holdings, Inc.<sup>(a)</sup>  | Ritchie Bros Holdings, Inc.<sup>(a)</sup>  | Ritchie Bros Holdings, Inc.<sup>(a)</sup>  |
| 03/15/2031 | &nbsp;&nbsp; 7.750% | 25000 | &nbsp;&nbsp; 25984 |
| Synergy Infrastructure Holdings LLC<sup>(a)</sup>  | Synergy Infrastructure Holdings LLC<sup>(a)</sup>  | Synergy Infrastructure Holdings LLC<sup>(a)</sup>  | Synergy Infrastructure Holdings LLC<sup>(a)</sup>  |
| 12/01/2030 | &nbsp;&nbsp; 7.875% | 76000 | &nbsp;&nbsp; 77507 |
| United Rentals North America, Inc.<sup>(a)</sup>  | United Rentals North America, Inc.<sup>(a)</sup>  | United Rentals North America, Inc.<sup>(a)</sup>  | United Rentals North America, Inc.<sup>(a)</sup>  |
| 11/15/2033 | &nbsp;&nbsp; 5.375% | 45000 | &nbsp;&nbsp; 43836 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **2271456** |
| **Consumer Cyclical Services 0.0%** | **Consumer Cyclical Services 0.0%** | **Consumer Cyclical Services 0.0%** | **Consumer Cyclical Services 0.0%** |
| Arches Buyer, Inc.<sup>(a)</sup>  | Arches Buyer, Inc.<sup>(a)</sup>  | Arches Buyer, Inc.<sup>(a)</sup>  | Arches Buyer, Inc.<sup>(a)</sup>  |
| 06/01/2028 | &nbsp;&nbsp; 4.250% | 46000 | &nbsp;&nbsp; 44345 |
| 12/01/2028 | &nbsp;&nbsp; 6.125% | 138000 | &nbsp;&nbsp; 132250 |
| Garda World Security Corp.<sup>(a)</sup>  | Garda World Security Corp.<sup>(a)</sup>  | Garda World Security Corp.<sup>(a)</sup>  | Garda World Security Corp.<sup>(a)</sup>  |
| 06/01/2029 | &nbsp;&nbsp; 6.000% | 10000 | &nbsp;&nbsp; 9538 |
| 11/15/2032 | &nbsp;&nbsp; 8.375% | 10000 | &nbsp;&nbsp; 10034 |
| Match Group Holdings II LLC<sup>(a)</sup>  | Match Group Holdings II LLC<sup>(a)</sup>  | Match Group Holdings II LLC<sup>(a)</sup>  | Match Group Holdings II LLC<sup>(a)</sup>  |
| 10/01/2031 | &nbsp;&nbsp; 3.625% | 43000 | &nbsp;&nbsp; 38197 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Match Group, Inc.<sup>(a)</sup>  | Match Group, Inc.<sup>(a)</sup>  | Match Group, Inc.<sup>(a)</sup>  | Match Group, Inc.<sup>(a)</sup>  |
| 12/15/2027 | &nbsp;&nbsp; 5.000% | 8000 | &nbsp;&nbsp; 7964 |
| 06/01/2028 | &nbsp;&nbsp; 4.625% | 35000 | &nbsp;&nbsp; 34232 |
| 02/15/2029 | &nbsp;&nbsp; 5.625% | 38000 | &nbsp;&nbsp; 37511 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **314071** |
| **Consumer Products 0.0%** | **Consumer Products 0.0%** | **Consumer Products 0.0%** | **Consumer Products 0.0%** |
| CD&R Smokey Buyer, Inc./Radio Systems Corp.<sup>(a)</sup>  | CD&R Smokey Buyer, Inc./Radio Systems Corp.<sup>(a)</sup>  | CD&R Smokey Buyer, Inc./Radio Systems Corp.<sup>(a)</sup>  | CD&R Smokey Buyer, Inc./Radio Systems Corp.<sup>(a)</sup>  |
| 10/15/2029 | &nbsp;&nbsp; 9.500% | 13000 | &nbsp;&nbsp; 11025 |
| Newell Brands, Inc.<sup>(a)</sup>  | Newell Brands, Inc.<sup>(a)</sup>  | Newell Brands, Inc.<sup>(a)</sup>  | Newell Brands, Inc.<sup>(a)</sup>  |
| 06/01/2028 | &nbsp;&nbsp; 8.500% | 26000 | &nbsp;&nbsp; 26887 |
| Newell Brands, Inc. | Newell Brands, Inc. | Newell Brands, Inc. | Newell Brands, Inc. |
| 05/15/2030 | &nbsp;&nbsp; 6.375% | 55000 | &nbsp;&nbsp; 52963 |
| 05/15/2032 | &nbsp;&nbsp; 6.625% | 28000 | &nbsp;&nbsp; 26766 |
| Opal Bidco SAS<sup>(a)</sup>  | Opal Bidco SAS<sup>(a)</sup>  | Opal Bidco SAS<sup>(a)</sup>  | Opal Bidco SAS<sup>(a)</sup>  |
| 03/31/2032 | &nbsp;&nbsp; 6.500% | 38000 | &nbsp;&nbsp; 38025 |
| Scotts Miracle-Gro Co. (The) | Scotts Miracle-Gro Co. (The) | Scotts Miracle-Gro Co. (The) | Scotts Miracle-Gro Co. (The) |
| 02/01/2032 | &nbsp;&nbsp; 4.375% | 32000 | &nbsp;&nbsp; 29767 |
| Whirlpool Corp. | Whirlpool Corp. | Whirlpool Corp. | Whirlpool Corp. |
| 06/15/2030 | &nbsp;&nbsp; 6.125% | 8000 | &nbsp;&nbsp; 7808 |
| 06/15/2033 | &nbsp;&nbsp; 6.500% | 8000 | &nbsp;&nbsp; 7604 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **200845** |
| **Diversified Manufacturing 0.1%** | **Diversified Manufacturing 0.1%** | **Diversified Manufacturing 0.1%** | **Diversified Manufacturing 0.1%** |
| Amsted Industries, Inc.<sup>(a)</sup>  | Amsted Industries, Inc.<sup>(a)</sup>  | Amsted Industries, Inc.<sup>(a)</sup>  | Amsted Industries, Inc.<sup>(a)</sup>  |
| 03/15/2033 | &nbsp;&nbsp; 6.375% | 4000 | &nbsp;&nbsp; 4024 |
| Chart Industries, Inc.<sup>(a)</sup>  | Chart Industries, Inc.<sup>(a)</sup>  | Chart Industries, Inc.<sup>(a)</sup>  | Chart Industries, Inc.<sup>(a)</sup>  |
| 01/01/2030 | &nbsp;&nbsp; 7.500% | 21000 | &nbsp;&nbsp; 21818 |
| Columbus McKinnon Corp.<sup>(a)</sup>  | Columbus McKinnon Corp.<sup>(a)</sup>  | Columbus McKinnon Corp.<sup>(a)</sup>  | Columbus McKinnon Corp.<sup>(a)</sup>  |
| 02/01/2033 | &nbsp;&nbsp; 7.125% | 26000 | &nbsp;&nbsp; 25947 |
| Emerald Debt Merger Sub LLC<sup>(a)</sup>  | Emerald Debt Merger Sub LLC<sup>(a)</sup>  | Emerald Debt Merger Sub LLC<sup>(a)</sup>  | Emerald Debt Merger Sub LLC<sup>(a)</sup>  |
| 12/15/2030 | &nbsp;&nbsp; 6.625% | 102000 | &nbsp;&nbsp; 103840 |
| EMRLD Borrower LP/Co-Issuer, Inc.<sup>(a)</sup>  | EMRLD Borrower LP/Co-Issuer, Inc.<sup>(a)</sup>  | EMRLD Borrower LP/Co-Issuer, Inc.<sup>(a)</sup>  | EMRLD Borrower LP/Co-Issuer, Inc.<sup>(a)</sup>  |
| 07/15/2031 | &nbsp;&nbsp; 6.750% | 20000 | &nbsp;&nbsp; 20597 |
| Esab Corp.<sup>(a)</sup>  | Esab Corp.<sup>(a)</sup>  | Esab Corp.<sup>(a)</sup>  | Esab Corp.<sup>(a)</sup>  |
| 04/15/2029 | &nbsp;&nbsp; 6.250% | 16000 | &nbsp;&nbsp; 16208 |
| Gates Corp. (The)<sup>(a)</sup>  | Gates Corp. (The)<sup>(a)</sup>  | Gates Corp. (The)<sup>(a)</sup>  | Gates Corp. (The)<sup>(a)</sup>  |
| 07/01/2029 | &nbsp;&nbsp; 6.875% | 10000 | &nbsp;&nbsp; 10247 |
| Madison IAQ LLC<sup>(a)</sup>  | Madison IAQ LLC<sup>(a)</sup>  | Madison IAQ LLC<sup>(a)</sup>  | Madison IAQ LLC<sup>(a)</sup>  |
| 06/30/2029 | &nbsp;&nbsp; 5.875% | 121000 | &nbsp;&nbsp; 118869 |
| Resideo Funding, Inc.<sup>(a)</sup>  | Resideo Funding, Inc.<sup>(a)</sup>  | Resideo Funding, Inc.<sup>(a)</sup>  | Resideo Funding, Inc.<sup>(a)</sup>  |
| 09/01/2029 | &nbsp;&nbsp; 4.000% | 21000 | &nbsp;&nbsp; 19848 |
| Vertical US Newco, Inc.<sup>(a)</sup>  | Vertical US Newco, Inc.<sup>(a)</sup>  | Vertical US Newco, Inc.<sup>(a)</sup>  | Vertical US Newco, Inc.<sup>(a)</sup>  |
| 07/15/2027 | &nbsp;&nbsp; 5.250% | 80000 | &nbsp;&nbsp; 79799 |

---

Columbia Variable Portfolio – Balanced Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Balanced Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| WESCO Distribution, Inc.<sup>(a)</sup>  | WESCO Distribution, Inc.<sup>(a)</sup>  | WESCO Distribution, Inc.<sup>(a)</sup>  | WESCO Distribution, Inc.<sup>(a)</sup>  |
| 06/15/2028 | &nbsp;&nbsp; 7.250% | 65000 | &nbsp;&nbsp; 65369 |
| 03/15/2029 | &nbsp;&nbsp; 6.375% | 11000 | &nbsp;&nbsp; 11197 |
| 04/15/2031 | &nbsp;&nbsp; 5.250% | 13000 | &nbsp;&nbsp; 12918 |
| 03/15/2032 | &nbsp;&nbsp; 6.625% | 41000 | &nbsp;&nbsp; 41936 |
| 03/15/2033 | &nbsp;&nbsp; 6.375% | 100000 | &nbsp;&nbsp; 101951 |
| 04/15/2034 | &nbsp;&nbsp; 5.500% | 22000 | &nbsp;&nbsp; 21684 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **676252** |
| **Electric 0.7%** | **Electric 0.7%** | **Electric 0.7%** | **Electric 0.7%** |
| Alpha Generation LLC<sup>(a)</sup>  | Alpha Generation LLC<sup>(a)</sup>  | Alpha Generation LLC<sup>(a)</sup>  | Alpha Generation LLC<sup>(a)</sup>  |
| 10/15/2032 | &nbsp;&nbsp; 6.750% | 30000 | &nbsp;&nbsp; 30466 |
| 01/15/2034 | &nbsp;&nbsp; 6.250% | 26000 | &nbsp;&nbsp; 25599 |
| California Buyer Ltd./Atlantica Sustainable Infrastructure PLC<sup>(a)</sup>  | California Buyer Ltd./Atlantica Sustainable Infrastructure PLC<sup>(a)</sup>  | California Buyer Ltd./Atlantica Sustainable Infrastructure PLC<sup>(a)</sup>  | California Buyer Ltd./Atlantica Sustainable Infrastructure PLC<sup>(a)</sup>  |
| 02/15/2032 | &nbsp;&nbsp; 6.375% | 31000 | &nbsp;&nbsp; 30302 |
| Clearway Energy Operating LLC<sup>(a)</sup>  | Clearway Energy Operating LLC<sup>(a)</sup>  | Clearway Energy Operating LLC<sup>(a)</sup>  | Clearway Energy Operating LLC<sup>(a)</sup>  |
| 03/15/2028 | &nbsp;&nbsp; 4.750% | 45000 | &nbsp;&nbsp; 44461 |
| 02/15/2031 | &nbsp;&nbsp; 3.750% | 159000 | &nbsp;&nbsp; 147495 |
| 01/15/2032 | &nbsp;&nbsp; 3.750% | 16000 | &nbsp;&nbsp; 14613 |
| 01/15/2034 | &nbsp;&nbsp; 5.750% | 41000 | &nbsp;&nbsp; 40386 |
| Dominion Energy, Inc. | Dominion Energy, Inc. | Dominion Energy, Inc. | Dominion Energy, Inc. |
| 03/15/2035 | &nbsp;&nbsp; 5.450% | 685000 | &nbsp;&nbsp; 691124 |
| DTE Energy Co. | DTE Energy Co. | DTE Energy Co. | DTE Energy Co. |
| 07/01/2027 | &nbsp;&nbsp; 4.950% | 825000 | &nbsp;&nbsp; 830632 |
| Duke Energy Corp. | Duke Energy Corp. | Duke Energy Corp. | Duke Energy Corp. |
| 08/15/2052 | &nbsp;&nbsp; 5.000% | 1158000 | &nbsp;&nbsp; 991458 |
| Duke Energy Indiana LLC | Duke Energy Indiana LLC | Duke Energy Indiana LLC | Duke Energy Indiana LLC |
| 04/01/2053 | &nbsp;&nbsp; 5.400% | 273000 | &nbsp;&nbsp; 254563 |
| Edison International | Edison International | Edison International | Edison International |
| 11/15/2028 | &nbsp;&nbsp; 5.250% | 834000 | &nbsp;&nbsp; 840229 |
| Long Ridge Energy LLC<sup>(a)</sup>  | Long Ridge Energy LLC<sup>(a)</sup>  | Long Ridge Energy LLC<sup>(a)</sup>  | Long Ridge Energy LLC<sup>(a)</sup>  |
| 02/15/2032 | &nbsp;&nbsp; 8.750% | 42000 | &nbsp;&nbsp; 44048 |
| NextEra Energy Capital Holdings, Inc. | NextEra Energy Capital Holdings, Inc. | NextEra Energy Capital Holdings, Inc. | NextEra Energy Capital Holdings, Inc. |
| 09/01/2027 | &nbsp;&nbsp; 4.685% | 996000 | &nbsp;&nbsp; 1000929 |
| 03/15/2035 | &nbsp;&nbsp; 5.450% | 2300000 | &nbsp;&nbsp; 2342951 |
| NextEra Energy Operating Partners LP<sup>(a)</sup>  | NextEra Energy Operating Partners LP<sup>(a)</sup>  | NextEra Energy Operating Partners LP<sup>(a)</sup>  | NextEra Energy Operating Partners LP<sup>(a)</sup>  |
| 09/15/2027 | &nbsp;&nbsp; 4.500% | 34000 | &nbsp;&nbsp; 33665 |
| 01/15/2029 | &nbsp;&nbsp; 7.250% | 52000 | &nbsp;&nbsp; 53707 |
| NRG Energy, Inc.<sup>(a)</sup>  | NRG Energy, Inc.<sup>(a)</sup>  | NRG Energy, Inc.<sup>(a)</sup>  | NRG Energy, Inc.<sup>(a)</sup>  |
| 02/15/2029 | &nbsp;&nbsp; 3.375% | 28000 | &nbsp;&nbsp; 26610 |
| 07/15/2029 | &nbsp;&nbsp; 5.750% | 61000 | &nbsp;&nbsp; 60906 |
| 02/15/2031 | &nbsp;&nbsp; 3.625% | 22000 | &nbsp;&nbsp; 20318 |
| 02/15/2032 | &nbsp;&nbsp; 3.875% | 7000 | &nbsp;&nbsp; 6423 |
| 02/01/2033 | &nbsp;&nbsp; 6.000% | 41000 | &nbsp;&nbsp; 41146 |
| 01/15/2034 | &nbsp;&nbsp; 5.750% | 41000 | &nbsp;&nbsp; 40535 |
| 11/01/2034 | &nbsp;&nbsp; 6.250% | 12000 | &nbsp;&nbsp; 12086 |
| 01/15/2036 | &nbsp;&nbsp; 6.000% | 67000 | &nbsp;&nbsp; 66388 |
| Ohio Edison Co.<sup>(a)</sup>  | Ohio Edison Co.<sup>(a)</sup>  | Ohio Edison Co.<sup>(a)</sup>  | Ohio Edison Co.<sup>(a)</sup>  |
| 01/15/2033 | &nbsp;&nbsp; 5.500% | 1150000 | &nbsp;&nbsp; 1182957 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Pacific Gas and Electric Co. | Pacific Gas and Electric Co. | Pacific Gas and Electric Co. | Pacific Gas and Electric Co. |
| 01/15/2053 | &nbsp;&nbsp; 6.750% | 1650000 | &nbsp;&nbsp; 1717391 |
| Pattern Energy Operations LP/Inc.<sup>(a)</sup>  | Pattern Energy Operations LP/Inc.<sup>(a)</sup>  | Pattern Energy Operations LP/Inc.<sup>(a)</sup>  | Pattern Energy Operations LP/Inc.<sup>(a)</sup>  |
| 08/15/2028 | &nbsp;&nbsp; 4.500% | 68000 | &nbsp;&nbsp; 66549 |
| PG&E Corp.<sup>(e)</sup>  | PG&E Corp.<sup>(e)</sup>  | PG&E Corp.<sup>(e)</sup>  | PG&E Corp.<sup>(e)</sup>  |
| 03/15/2055 | &nbsp;&nbsp; 7.375% | 25000 | &nbsp;&nbsp; 25141 |
| 09/15/2056 | &nbsp;&nbsp; 6.850% | 9000 | &nbsp;&nbsp; 8864 |
| Talen Energy Supply LLC<sup>(a)</sup>  | Talen Energy Supply LLC<sup>(a)</sup>  | Talen Energy Supply LLC<sup>(a)</sup>  | Talen Energy Supply LLC<sup>(a)</sup>  |
| 02/01/2034 | &nbsp;&nbsp; 6.250% | 42000 | &nbsp;&nbsp; 41714 |
| 02/01/2036 | &nbsp;&nbsp; 6.500% | 42000 | &nbsp;&nbsp; 42330 |
| TerraForm Power Operating LLC<sup>(a)</sup>  | TerraForm Power Operating LLC<sup>(a)</sup>  | TerraForm Power Operating LLC<sup>(a)</sup>  | TerraForm Power Operating LLC<sup>(a)</sup>  |
| 01/31/2028 | &nbsp;&nbsp; 5.000% | 42000 | &nbsp;&nbsp; 41550 |
| 01/15/2030 | &nbsp;&nbsp; 4.750% | 76000 | &nbsp;&nbsp; 73040 |
| Vistra Operations Co. LLC<sup>(a)</sup>  | Vistra Operations Co. LLC<sup>(a)</sup>  | Vistra Operations Co. LLC<sup>(a)</sup>  | Vistra Operations Co. LLC<sup>(a)</sup>  |
| 10/15/2031 | &nbsp;&nbsp; 7.750% | 75000 | &nbsp;&nbsp; 78576 |
| VoltaGrid LLC<sup>(a)</sup>  | VoltaGrid LLC<sup>(a)</sup>  | VoltaGrid LLC<sup>(a)</sup>  | VoltaGrid LLC<sup>(a)</sup>  |
| 11/01/2030 | &nbsp;&nbsp; 7.375% | 14000 | &nbsp;&nbsp; 14446 |
| XPLR Infrastructure Operating Partners LP<sup>(a)</sup>  | XPLR Infrastructure Operating Partners LP<sup>(a)</sup>  | XPLR Infrastructure Operating Partners LP<sup>(a)</sup>  | XPLR Infrastructure Operating Partners LP<sup>(a)</sup>  |
| 01/15/2031 | &nbsp;&nbsp; 8.375% | 62000 | &nbsp;&nbsp; 65404 |
| 03/15/2033 | &nbsp;&nbsp; 8.625% | 49000 | &nbsp;&nbsp; 51809 |
| 04/15/2034 | &nbsp;&nbsp; 7.750% | 125000 | &nbsp;&nbsp; 129085 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **11229896** |
| **Environmental 0.0%** | **Environmental 0.0%** | **Environmental 0.0%** | **Environmental 0.0%** |
| GFL Environmental, Inc.<sup>(a)</sup>  | GFL Environmental, Inc.<sup>(a)</sup>  | GFL Environmental, Inc.<sup>(a)</sup>  | GFL Environmental, Inc.<sup>(a)</sup>  |
| 01/15/2031 | &nbsp;&nbsp; 6.750% | 38000 | &nbsp;&nbsp; 39360 |
| Waste Pro USA, Inc.<sup>(a)</sup>  | Waste Pro USA, Inc.<sup>(a)</sup>  | Waste Pro USA, Inc.<sup>(a)</sup>  | Waste Pro USA, Inc.<sup>(a)</sup>  |
| 02/01/2033 | &nbsp;&nbsp; 7.000% | 128000 | &nbsp;&nbsp; 129782 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **169142** |
| **Finance Companies 0.1%** | **Finance Companies 0.1%** | **Finance Companies 0.1%** | **Finance Companies 0.1%** |
| Bread Financial Holdings, Inc.<sup>(a)</sup>  | Bread Financial Holdings, Inc.<sup>(a)</sup>  | Bread Financial Holdings, Inc.<sup>(a)</sup>  | Bread Financial Holdings, Inc.<sup>(a)</sup>  |
| 05/15/2031 | &nbsp;&nbsp; 6.750% | 11000 | &nbsp;&nbsp; 10915 |
| CrossCountry Intermediate HoldCo LLC<sup>(a)</sup>  | CrossCountry Intermediate HoldCo LLC<sup>(a)</sup>  | CrossCountry Intermediate HoldCo LLC<sup>(a)</sup>  | CrossCountry Intermediate HoldCo LLC<sup>(a)</sup>  |
| 10/01/2030 | &nbsp;&nbsp; 6.500% | 39000 | &nbsp;&nbsp; 37175 |
| GGAM Finance Ltd.<sup>(a)</sup>  | GGAM Finance Ltd.<sup>(a)</sup>  | GGAM Finance Ltd.<sup>(a)</sup>  | GGAM Finance Ltd.<sup>(a)</sup>  |
| 04/15/2029 | &nbsp;&nbsp; 6.875% | 127000 | &nbsp;&nbsp; 129964 |
| 03/15/2030 | &nbsp;&nbsp; 5.875% | 52000 | &nbsp;&nbsp; 51939 |
| goeasy Ltd.<sup>(a)</sup>  | goeasy Ltd.<sup>(a)</sup>  | goeasy Ltd.<sup>(a)</sup>  | goeasy Ltd.<sup>(a)</sup>  |
| 07/01/2029 | &nbsp;&nbsp; 7.625% | 15000 | &nbsp;&nbsp; 13203 |
| 05/15/2030 | &nbsp;&nbsp; 6.875% | 8000 | &nbsp;&nbsp; 6614 |
| 10/01/2030 | &nbsp;&nbsp; 7.375% | 3000 | &nbsp;&nbsp; 2483 |
| 02/15/2031 | &nbsp;&nbsp; 6.875% | 11000 | &nbsp;&nbsp; 8858 |
| Navient Corp. | Navient Corp. | Navient Corp. | Navient Corp. |
| 03/15/2031 | &nbsp;&nbsp; 11.500% | 45000 | &nbsp;&nbsp; 45685 |

---

Columbia Variable Portfolio – Balanced Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Balanced Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| OneMain Finance Corp. | OneMain Finance Corp. | OneMain Finance Corp. | OneMain Finance Corp. |
| 05/15/2029 | &nbsp;&nbsp; 6.625% | 123000 | &nbsp;&nbsp; 123574 |
| 03/15/2030 | &nbsp;&nbsp; 7.875% | 31000 | &nbsp;&nbsp; 31988 |
| 05/15/2031 | &nbsp;&nbsp; 7.500% | 52000 | &nbsp;&nbsp; 52523 |
| 03/15/2032 | &nbsp;&nbsp; 6.750% | 47000 | &nbsp;&nbsp; 45649 |
| 03/15/2033 | &nbsp;&nbsp; 6.500% | 92000 | &nbsp;&nbsp; 88029 |
| 09/15/2033 | &nbsp;&nbsp; 6.750% | 43000 | &nbsp;&nbsp; 41319 |
| Provident Funding Associates LP/PFG Finance Corp.<sup>(a)</sup>  | Provident Funding Associates LP/PFG Finance Corp.<sup>(a)</sup>  | Provident Funding Associates LP/PFG Finance Corp.<sup>(a)</sup>  | Provident Funding Associates LP/PFG Finance Corp.<sup>(a)</sup>  |
| 09/15/2029 | &nbsp;&nbsp; 9.750% | 111000 | &nbsp;&nbsp; 113969 |
| Rocket Cos, Inc.<sup>(a)</sup>  | Rocket Cos, Inc.<sup>(a)</sup>  | Rocket Cos, Inc.<sup>(a)</sup>  | Rocket Cos, Inc.<sup>(a)</sup>  |
| 08/01/2030 | &nbsp;&nbsp; 6.125% | 65000 | &nbsp;&nbsp; 65638 |
| Rocket Mortgage LLC/Co-Issuer, Inc.<sup>(a)</sup>  | Rocket Mortgage LLC/Co-Issuer, Inc.<sup>(a)</sup>  | Rocket Mortgage LLC/Co-Issuer, Inc.<sup>(a)</sup>  | Rocket Mortgage LLC/Co-Issuer, Inc.<sup>(a)</sup>  |
| 03/01/2029 | &nbsp;&nbsp; 3.625% | 13000 | &nbsp;&nbsp; 12318 |
| 10/15/2033 | &nbsp;&nbsp; 4.000% | 134000 | &nbsp;&nbsp; 120201 |
| United Wholesale Mortgage LLC<sup>(a)</sup>  | United Wholesale Mortgage LLC<sup>(a)</sup>  | United Wholesale Mortgage LLC<sup>(a)</sup>  | United Wholesale Mortgage LLC<sup>(a)</sup>  |
| 06/15/2027 | &nbsp;&nbsp; 5.750% | 7000 | &nbsp;&nbsp; 6892 |
| 04/15/2029 | &nbsp;&nbsp; 5.500% | 68000 | &nbsp;&nbsp; 63640 |
| UWM Holdings LLC<sup>(a)</sup>  | UWM Holdings LLC<sup>(a)</sup>  | UWM Holdings LLC<sup>(a)</sup>  | UWM Holdings LLC<sup>(a)</sup>  |
| 02/01/2030 | &nbsp;&nbsp; 6.625% | 121000 | &nbsp;&nbsp; 114112 |
| 03/15/2031 | &nbsp;&nbsp; 6.250% | 65000 | &nbsp;&nbsp; 59198 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **1245886** |
| **Food and Beverage 0.8%** | **Food and Beverage 0.8%** | **Food and Beverage 0.8%** | **Food and Beverage 0.8%** |
| Bacardi Ltd.<sup>(a)</sup>  | Bacardi Ltd.<sup>(a)</sup>  | Bacardi Ltd.<sup>(a)</sup>  | Bacardi Ltd.<sup>(a)</sup>  |
| 05/15/2028 | &nbsp;&nbsp; 4.700% | 241000 | &nbsp;&nbsp; 240591 |
| 05/15/2038 | &nbsp;&nbsp; 5.150% | 3500000 | &nbsp;&nbsp; 3246174 |
| Campbell Soup Co. | Campbell Soup Co. | Campbell Soup Co. | Campbell Soup Co. |
| 03/23/2035 | &nbsp;&nbsp; 4.750% | 1230000 | &nbsp;&nbsp; 1132159 |
| Chobani Holdco II LLC<sup>(a),(d)</sup>  | Chobani Holdco II LLC<sup>(a),(d)</sup>  | Chobani Holdco II LLC<sup>(a),(d)</sup>  | Chobani Holdco II LLC<sup>(a),(d)</sup>  |
| 10/01/2029 | &nbsp;&nbsp; 8.750% | 75200 | &nbsp;&nbsp; 79785 |
| Chobani LLC/Finance Corp., Inc.<sup>(a)</sup>  | Chobani LLC/Finance Corp., Inc.<sup>(a)</sup>  | Chobani LLC/Finance Corp., Inc.<sup>(a)</sup>  | Chobani LLC/Finance Corp., Inc.<sup>(a)</sup>  |
| 07/01/2029 | &nbsp;&nbsp; 7.625% | 14000 | &nbsp;&nbsp; 14335 |
| Constellation Brands, Inc. | Constellation Brands, Inc. | Constellation Brands, Inc. | Constellation Brands, Inc. |
| 08/01/2029 | &nbsp;&nbsp; 3.150% | 612000 | &nbsp;&nbsp; 585505 |
| General Mills, Inc. | General Mills, Inc. | General Mills, Inc. | General Mills, Inc. |
| 01/30/2027 | &nbsp;&nbsp; 4.700% | 435000 | &nbsp;&nbsp; 435488 |
| Heineken NV<sup>(a)</sup>  | Heineken NV<sup>(a)</sup>  | Heineken NV<sup>(a)</sup>  | Heineken NV<sup>(a)</sup>  |
| 01/29/2028 | &nbsp;&nbsp; 3.500% | 1140000 | &nbsp;&nbsp; 1122693 |
| Kraft Heinz Foods Co. | Kraft Heinz Foods Co. | Kraft Heinz Foods Co. | Kraft Heinz Foods Co. |
| 06/01/2026 | &nbsp;&nbsp; 3.000% | 1425000 | &nbsp;&nbsp; 1420686 |
| Lamb Weston Holdings, Inc.<sup>(a)</sup>  | Lamb Weston Holdings, Inc.<sup>(a)</sup>  | Lamb Weston Holdings, Inc.<sup>(a)</sup>  | Lamb Weston Holdings, Inc.<sup>(a)</sup>  |
| 01/31/2032 | &nbsp;&nbsp; 4.375% | 23000 | &nbsp;&nbsp; 21438 |
| Mars, Inc.<sup>(a)</sup>  | Mars, Inc.<sup>(a)</sup>  | Mars, Inc.<sup>(a)</sup>  | Mars, Inc.<sup>(a)</sup>  |
| 04/20/2028 | &nbsp;&nbsp; 4.550% | 1375000 | &nbsp;&nbsp; 1384556 |
| 03/01/2035 | &nbsp;&nbsp; 5.200% | 1826000 | &nbsp;&nbsp; 1842606 |
| Pepsico Singapore Financing I Pte Ltd. | Pepsico Singapore Financing I Pte Ltd. | Pepsico Singapore Financing I Pte Ltd. | Pepsico Singapore Financing I Pte Ltd. |
| 02/16/2027 | &nbsp;&nbsp; 4.650% | 868000 | &nbsp;&nbsp; 872348 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Post Holdings, Inc.<sup>(a)</sup>  | Post Holdings, Inc.<sup>(a)</sup>  | Post Holdings, Inc.<sup>(a)</sup>  | Post Holdings, Inc.<sup>(a)</sup>  |
| 04/15/2030 | &nbsp;&nbsp; 4.625% | 74000 | &nbsp;&nbsp; 71119 |
| 09/15/2031 | &nbsp;&nbsp; 4.500% | 91000 | &nbsp;&nbsp; 84705 |
| 02/15/2032 | &nbsp;&nbsp; 6.250% | 11000 | &nbsp;&nbsp; 11133 |
| 10/15/2034 | &nbsp;&nbsp; 6.250% | 26000 | &nbsp;&nbsp; 25457 |
| 03/15/2036 | &nbsp;&nbsp; 6.500% | 91000 | &nbsp;&nbsp; 89243 |
| Primo Water Holdings, Inc./Triton Water Holdings, Inc.<sup>(a)</sup>  | Primo Water Holdings, Inc./Triton Water Holdings, Inc.<sup>(a)</sup>  | Primo Water Holdings, Inc./Triton Water Holdings, Inc.<sup>(a)</sup>  | Primo Water Holdings, Inc./Triton Water Holdings, Inc.<sup>(a)</sup>  |
| 04/01/2029 | &nbsp;&nbsp; 6.250% | 107000 | &nbsp;&nbsp; 107192 |
| 04/30/2029 | &nbsp;&nbsp; 4.375% | 38000 | &nbsp;&nbsp; 36929 |
| Simmons Foods, Inc./Prepared Foods, Inc./Pet Food, Inc./Feed<sup>(a)</sup>  | Simmons Foods, Inc./Prepared Foods, Inc./Pet Food, Inc./Feed<sup>(a)</sup>  | Simmons Foods, Inc./Prepared Foods, Inc./Pet Food, Inc./Feed<sup>(a)</sup>  | Simmons Foods, Inc./Prepared Foods, Inc./Pet Food, Inc./Feed<sup>(a)</sup>  |
| 03/01/2029 | &nbsp;&nbsp; 4.625% | 126000 | &nbsp;&nbsp; 121252 |
| US Foods, Inc.<sup>(a)</sup>  | US Foods, Inc.<sup>(a)</sup>  | US Foods, Inc.<sup>(a)</sup>  | US Foods, Inc.<sup>(a)</sup>  |
| 09/15/2028 | &nbsp;&nbsp; 6.875% | 58000 | &nbsp;&nbsp; 59420 |
| 02/15/2029 | &nbsp;&nbsp; 4.750% | 52000 | &nbsp;&nbsp; 51356 |
| 06/01/2030 | &nbsp;&nbsp; 4.625% | 34000 | &nbsp;&nbsp; 33119 |
| 01/15/2032 | &nbsp;&nbsp; 7.250% | 53000 | &nbsp;&nbsp; 54953 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **13144242** |
| **Gaming 0.1%** | **Gaming 0.1%** | **Gaming 0.1%** | **Gaming 0.1%** |
| Caesars Entertainment, Inc.<sup>(a)</sup>  | Caesars Entertainment, Inc.<sup>(a)</sup>  | Caesars Entertainment, Inc.<sup>(a)</sup>  | Caesars Entertainment, Inc.<sup>(a)</sup>  |
| 10/15/2029 | &nbsp;&nbsp; 4.625% | 67000 | &nbsp;&nbsp; 64476 |
| 02/15/2030 | &nbsp;&nbsp; 7.000% | 35000 | &nbsp;&nbsp; 35457 |
| 02/15/2032 | &nbsp;&nbsp; 6.500% | 32000 | &nbsp;&nbsp; 31648 |
| 10/15/2032 | &nbsp;&nbsp; 6.000% | 23000 | &nbsp;&nbsp; 21171 |
| CDI Escrow Issuer, Inc.<sup>(a)</sup>  | CDI Escrow Issuer, Inc.<sup>(a)</sup>  | CDI Escrow Issuer, Inc.<sup>(a)</sup>  | CDI Escrow Issuer, Inc.<sup>(a)</sup>  |
| 04/01/2030 | &nbsp;&nbsp; 5.750% | 30000 | &nbsp;&nbsp; 29726 |
| Churchill Downs, Inc.<sup>(a)</sup>  | Churchill Downs, Inc.<sup>(a)</sup>  | Churchill Downs, Inc.<sup>(a)</sup>  | Churchill Downs, Inc.<sup>(a)</sup>  |
| 05/01/2031 | &nbsp;&nbsp; 6.750% | 32000 | &nbsp;&nbsp; 32589 |
| Light & Wonder International, Inc.<sup>(a)</sup>  | Light & Wonder International, Inc.<sup>(a)</sup>  | Light & Wonder International, Inc.<sup>(a)</sup>  | Light & Wonder International, Inc.<sup>(a)</sup>  |
| 09/01/2031 | &nbsp;&nbsp; 7.500% | 44000 | &nbsp;&nbsp; 45251 |
| 10/01/2033 | &nbsp;&nbsp; 6.250% | 65000 | &nbsp;&nbsp; 63638 |
| Penn Entertainment, Inc.<sup>(a)</sup>  | Penn Entertainment, Inc.<sup>(a)</sup>  | Penn Entertainment, Inc.<sup>(a)</sup>  | Penn Entertainment, Inc.<sup>(a)</sup>  |
| 04/01/2031 | &nbsp;&nbsp; 6.750% | 33000 | &nbsp;&nbsp; 32061 |
| Penn National Gaming, Inc.<sup>(a)</sup>  | Penn National Gaming, Inc.<sup>(a)</sup>  | Penn National Gaming, Inc.<sup>(a)</sup>  | Penn National Gaming, Inc.<sup>(a)</sup>  |
| 07/01/2029 | &nbsp;&nbsp; 4.125% | 100000 | &nbsp;&nbsp; 93564 |
| Rivers Enterprise Borrower LLC/Finance Corp.<sup>(a)</sup>  | Rivers Enterprise Borrower LLC/Finance Corp.<sup>(a)</sup>  | Rivers Enterprise Borrower LLC/Finance Corp.<sup>(a)</sup>  | Rivers Enterprise Borrower LLC/Finance Corp.<sup>(a)</sup>  |
| 02/01/2033 | &nbsp;&nbsp; 6.625% | 51000 | &nbsp;&nbsp; 50781 |
| Rivers Enterprise Lender LLC/Corp.<sup>(a)</sup>  | Rivers Enterprise Lender LLC/Corp.<sup>(a)</sup>  | Rivers Enterprise Lender LLC/Corp.<sup>(a)</sup>  | Rivers Enterprise Lender LLC/Corp.<sup>(a)</sup>  |
| 10/15/2030 | &nbsp;&nbsp; 6.250% | 56000 | &nbsp;&nbsp; 55919 |
| Scientific Games Holdings LP/US FinCo, Inc.<sup>(a)</sup>  | Scientific Games Holdings LP/US FinCo, Inc.<sup>(a)</sup>  | Scientific Games Holdings LP/US FinCo, Inc.<sup>(a)</sup>  | Scientific Games Holdings LP/US FinCo, Inc.<sup>(a)</sup>  |
| 03/01/2030 | &nbsp;&nbsp; 6.625% | 118000 | &nbsp;&nbsp; 102001 |
| Voyager Parent LLC<sup>(a)</sup>  | Voyager Parent LLC<sup>(a)</sup>  | Voyager Parent LLC<sup>(a)</sup>  | Voyager Parent LLC<sup>(a)</sup>  |
| 07/01/2032 | &nbsp;&nbsp; 9.250% | 39000 | &nbsp;&nbsp; 40608 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **698890** |
| **Health Care 0.7%** | **Health Care 0.7%** | **Health Care 0.7%** | **Health Care 0.7%** |
| Abbott Laboratories | Abbott Laboratories | Abbott Laboratories | Abbott Laboratories |
| 03/15/2036 | &nbsp;&nbsp; 4.650% | 2384000 | &nbsp;&nbsp; 2329174 |

---

Columbia Variable Portfolio – Balanced Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Balanced Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Acadia Healthcare Co., Inc.<sup>(a)</sup>  | Acadia Healthcare Co., Inc.<sup>(a)</sup>  | Acadia Healthcare Co., Inc.<sup>(a)</sup>  | Acadia Healthcare Co., Inc.<sup>(a)</sup>  |
| 07/01/2028 | &nbsp;&nbsp; 5.500% | 58000 | &nbsp;&nbsp; 57604 |
| 04/15/2029 | &nbsp;&nbsp; 5.000% | 51000 | &nbsp;&nbsp; 49693 |
| 03/15/2033 | &nbsp;&nbsp; 7.375% | 76000 | &nbsp;&nbsp; 77942 |
| Avantor Funding, Inc.<sup>(a)</sup>  | Avantor Funding, Inc.<sup>(a)</sup>  | Avantor Funding, Inc.<sup>(a)</sup>  | Avantor Funding, Inc.<sup>(a)</sup>  |
| 07/15/2028 | &nbsp;&nbsp; 4.625% | 25000 | &nbsp;&nbsp; 24395 |
| 11/01/2029 | &nbsp;&nbsp; 3.875% | 83000 | &nbsp;&nbsp; 77873 |
| Bausch & Lomb Escrow Corp.<sup>(a)</sup>  | Bausch & Lomb Escrow Corp.<sup>(a)</sup>  | Bausch & Lomb Escrow Corp.<sup>(a)</sup>  | Bausch & Lomb Escrow Corp.<sup>(a)</sup>  |
| 10/01/2028 | &nbsp;&nbsp; 8.375% | 32000 | &nbsp;&nbsp; 33114 |
| Charles River Laboratories International, Inc.<sup>(a)</sup>  | Charles River Laboratories International, Inc.<sup>(a)</sup>  | Charles River Laboratories International, Inc.<sup>(a)</sup>  | Charles River Laboratories International, Inc.<sup>(a)</sup>  |
| 05/01/2028 | &nbsp;&nbsp; 4.250% | 25000 | &nbsp;&nbsp; 24416 |
| 03/15/2029 | &nbsp;&nbsp; 3.750% | 82000 | &nbsp;&nbsp; 77759 |
| CHS/Community Health Systems, Inc.<sup>(a)</sup>  | CHS/Community Health Systems, Inc.<sup>(a)</sup>  | CHS/Community Health Systems, Inc.<sup>(a)</sup>  | CHS/Community Health Systems, Inc.<sup>(a)</sup>  |
| 04/15/2029 | &nbsp;&nbsp; 6.875% | 53000 | &nbsp;&nbsp; 50912 |
| 05/15/2030 | &nbsp;&nbsp; 5.250% | 82000 | &nbsp;&nbsp; 77264 |
| 01/15/2032 | &nbsp;&nbsp; 10.875% | 15000 | &nbsp;&nbsp; 16115 |
| Concentra Escrow Issuer Corp.<sup>(a)</sup>  | Concentra Escrow Issuer Corp.<sup>(a)</sup>  | Concentra Escrow Issuer Corp.<sup>(a)</sup>  | Concentra Escrow Issuer Corp.<sup>(a)</sup>  |
| 07/15/2032 | &nbsp;&nbsp; 6.875% | 39000 | &nbsp;&nbsp; 40351 |
| CVS Health Corp. | CVS Health Corp. | CVS Health Corp. | CVS Health Corp. |
| 03/25/2038 | &nbsp;&nbsp; 4.780% | 1080000 | &nbsp;&nbsp; 994837 |
| 03/25/2048 | &nbsp;&nbsp; 5.050% | 840000 | &nbsp;&nbsp; 720518 |
| DaVita, Inc.<sup>(a)</sup>  | DaVita, Inc.<sup>(a)</sup>  | DaVita, Inc.<sup>(a)</sup>  | DaVita, Inc.<sup>(a)</sup>  |
| 07/15/2033 | &nbsp;&nbsp; 6.750% | 33000 | &nbsp;&nbsp; 33636 |
| GE HealthCare Technologies, Inc. | GE HealthCare Technologies, Inc. | GE HealthCare Technologies, Inc. | GE HealthCare Technologies, Inc. |
| 11/15/2027 | &nbsp;&nbsp; 5.650% | 2160000 | &nbsp;&nbsp; 2203066 |
| 12/15/2028 | &nbsp;&nbsp; 4.150% | 689000 | &nbsp;&nbsp; 684391 |
| HCA, Inc. | HCA, Inc. | HCA, Inc. | HCA, Inc. |
| 09/01/2030 | &nbsp;&nbsp; 3.500% | 3120000 | &nbsp;&nbsp; 2962625 |
| IQVIA, Inc.<sup>(a)</sup>  | IQVIA, Inc.<sup>(a)</sup>  | IQVIA, Inc.<sup>(a)</sup>  | IQVIA, Inc.<sup>(a)</sup>  |
| 05/15/2027 | &nbsp;&nbsp; 5.000% | 79000 | &nbsp;&nbsp; 78788 |
| 05/15/2030 | &nbsp;&nbsp; 6.500% | 16000 | &nbsp;&nbsp; 16348 |
| 06/01/2032 | &nbsp;&nbsp; 6.250% | 50000 | &nbsp;&nbsp; 50760 |
| LifePoint Health, Inc.<sup>(a)</sup>  | LifePoint Health, Inc.<sup>(a)</sup>  | LifePoint Health, Inc.<sup>(a)</sup>  | LifePoint Health, Inc.<sup>(a)</sup>  |
| 10/15/2030 | &nbsp;&nbsp; 11.000% | 13000 | &nbsp;&nbsp; 13997 |
| Mozart Debt Merger Sub, Inc.<sup>(a)</sup>  | Mozart Debt Merger Sub, Inc.<sup>(a)</sup>  | Mozart Debt Merger Sub, Inc.<sup>(a)</sup>  | Mozart Debt Merger Sub, Inc.<sup>(a)</sup>  |
| 10/01/2029 | &nbsp;&nbsp; 5.250% | 157000 | &nbsp;&nbsp; 155594 |
| Select Medical Corp.<sup>(a)</sup>  | Select Medical Corp.<sup>(a)</sup>  | Select Medical Corp.<sup>(a)</sup>  | Select Medical Corp.<sup>(a)</sup>  |
| 12/01/2032 | &nbsp;&nbsp; 6.250% | 31000 | &nbsp;&nbsp; 29466 |
| Star Parent, Inc.<sup>(a)</sup>  | Star Parent, Inc.<sup>(a)</sup>  | Star Parent, Inc.<sup>(a)</sup>  | Star Parent, Inc.<sup>(a)</sup>  |
| 10/01/2030 | &nbsp;&nbsp; 9.000% | 125000 | &nbsp;&nbsp; 129853 |
| Surgery Center Holdings, Inc.<sup>(a)</sup>  | Surgery Center Holdings, Inc.<sup>(a)</sup>  | Surgery Center Holdings, Inc.<sup>(a)</sup>  | Surgery Center Holdings, Inc.<sup>(a)</sup>  |
| 04/15/2032 | &nbsp;&nbsp; 7.250% | 105000 | &nbsp;&nbsp; 102974 |
| Tenet Healthcare Corp. | Tenet Healthcare Corp. | Tenet Healthcare Corp. | Tenet Healthcare Corp. |
| 11/01/2027 | &nbsp;&nbsp; 5.125% | 37000 | &nbsp;&nbsp; 36967 |
| 10/01/2028 | &nbsp;&nbsp; 6.125% | 65000 | &nbsp;&nbsp; 65158 |
| 05/15/2031 | &nbsp;&nbsp; 6.750% | 47000 | &nbsp;&nbsp; 48105 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Tenet Healthcare Corp.<sup>(a)</sup>  | Tenet Healthcare Corp.<sup>(a)</sup>  | Tenet Healthcare Corp.<sup>(a)</sup>  | Tenet Healthcare Corp.<sup>(a)</sup>  |
| 11/15/2032 | &nbsp;&nbsp; 5.500% | 109000 | &nbsp;&nbsp; 108009 |
| 11/15/2033 | &nbsp;&nbsp; 6.000% | 35000 | &nbsp;&nbsp; 35456 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **11407160** |
| **Healthcare Insurance 0.2%** | **Healthcare Insurance 0.2%** | **Healthcare Insurance 0.2%** | **Healthcare Insurance 0.2%** |
| UnitedHealth Group, Inc. | UnitedHealth Group, Inc. | UnitedHealth Group, Inc. | UnitedHealth Group, Inc. |
| 01/15/2031 | &nbsp;&nbsp; 4.650% | 500000 | &nbsp;&nbsp; 502420 |
| 04/15/2034 | &nbsp;&nbsp; 5.000% | 2519000 | &nbsp;&nbsp; 2519423 |
| 04/15/2054 | &nbsp;&nbsp; 5.375% | 7000 | &nbsp;&nbsp; 6432 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **3028275** |
| **Independent Energy 0.1%** | **Independent Energy 0.1%** | **Independent Energy 0.1%** | **Independent Energy 0.1%** |
| APA Corp. | APA Corp. | APA Corp. | APA Corp. |
| 02/15/2055 | &nbsp;&nbsp; 6.750% | 482000 | &nbsp;&nbsp; 484271 |
| Civitas Resources, Inc.<sup>(a)</sup>  | Civitas Resources, Inc.<sup>(a)</sup>  | Civitas Resources, Inc.<sup>(a)</sup>  | Civitas Resources, Inc.<sup>(a)</sup>  |
| 11/01/2030 | &nbsp;&nbsp; 8.625% | 5000 | &nbsp;&nbsp; 5267 |
| 07/01/2031 | &nbsp;&nbsp; 8.750% | 50000 | &nbsp;&nbsp; 52303 |
| 06/15/2033 | &nbsp;&nbsp; 9.625% | 73000 | &nbsp;&nbsp; 80784 |
| CNX Resources Corp.<sup>(a)</sup>  | CNX Resources Corp.<sup>(a)</sup>  | CNX Resources Corp.<sup>(a)</sup>  | CNX Resources Corp.<sup>(a)</sup>  |
| 03/01/2032 | &nbsp;&nbsp; 7.250% | 32000 | &nbsp;&nbsp; 32882 |
| 03/01/2034 | &nbsp;&nbsp; 5.875% | 64000 | &nbsp;&nbsp; 62296 |
| Comstock Resources, Inc.<sup>(a)</sup>  | Comstock Resources, Inc.<sup>(a)</sup>  | Comstock Resources, Inc.<sup>(a)</sup>  | Comstock Resources, Inc.<sup>(a)</sup>  |
| 03/01/2029 | &nbsp;&nbsp; 6.750% | 36000 | &nbsp;&nbsp; 35514 |
| Crescent Energy Finance LLC<sup>(a)</sup>  | Crescent Energy Finance LLC<sup>(a)</sup>  | Crescent Energy Finance LLC<sup>(a)</sup>  | Crescent Energy Finance LLC<sup>(a)</sup>  |
| 04/01/2032 | &nbsp;&nbsp; 7.625% | 20000 | &nbsp;&nbsp; 20281 |
| 01/15/2033 | &nbsp;&nbsp; 7.375% | 25000 | &nbsp;&nbsp; 25006 |
| Hilcorp Energy I LP/Finance Co.<sup>(a)</sup>  | Hilcorp Energy I LP/Finance Co.<sup>(a)</sup>  | Hilcorp Energy I LP/Finance Co.<sup>(a)</sup>  | Hilcorp Energy I LP/Finance Co.<sup>(a)</sup>  |
| 11/01/2028 | &nbsp;&nbsp; 6.250% | 50000 | &nbsp;&nbsp; 50061 |
| 02/01/2029 | &nbsp;&nbsp; 5.750% | 24000 | &nbsp;&nbsp; 23641 |
| 04/15/2030 | &nbsp;&nbsp; 6.000% | 16000 | &nbsp;&nbsp; 15563 |
| 04/15/2032 | &nbsp;&nbsp; 6.250% | 19000 | &nbsp;&nbsp; 18378 |
| 11/01/2033 | &nbsp;&nbsp; 8.375% | 59000 | &nbsp;&nbsp; 61468 |
| 02/15/2035 | &nbsp;&nbsp; 7.250% | 25000 | &nbsp;&nbsp; 24929 |
| Matador Resources Co.<sup>(a)</sup>  | Matador Resources Co.<sup>(a)</sup>  | Matador Resources Co.<sup>(a)</sup>  | Matador Resources Co.<sup>(a)</sup>  |
| 04/15/2032 | &nbsp;&nbsp; 6.500% | 74000 | &nbsp;&nbsp; 74788 |
| 04/15/2033 | &nbsp;&nbsp; 6.250% | 18000 | &nbsp;&nbsp; 18006 |
| 04/15/2034 | &nbsp;&nbsp; 6.000% | 59000 | &nbsp;&nbsp; 58593 |
| Occidental Petroleum Corp. | Occidental Petroleum Corp. | Occidental Petroleum Corp. | Occidental Petroleum Corp. |
| 10/01/2054 | &nbsp;&nbsp; 6.050% | 820000 | &nbsp;&nbsp; 796526 |
| Permian Resources Operating LLC<sup>(a)</sup>  | Permian Resources Operating LLC<sup>(a)</sup>  | Permian Resources Operating LLC<sup>(a)</sup>  | Permian Resources Operating LLC<sup>(a)</sup>  |
| 04/15/2027 | &nbsp;&nbsp; 8.000% | 19000 | &nbsp;&nbsp; 19019 |
| 01/15/2032 | &nbsp;&nbsp; 7.000% | 76000 | &nbsp;&nbsp; 78864 |
| 02/01/2033 | &nbsp;&nbsp; 6.250% | 24000 | &nbsp;&nbsp; 24440 |
| SM Energy Co. | SM Energy Co. | SM Energy Co. | SM Energy Co. |
| 09/15/2026 | &nbsp;&nbsp; 6.750% | 41000 | &nbsp;&nbsp; 41011 |
| SM Energy Co.<sup>(a)</sup>  | SM Energy Co.<sup>(a)</sup>  | SM Energy Co.<sup>(a)</sup>  | SM Energy Co.<sup>(a)</sup>  |
| 08/01/2029 | &nbsp;&nbsp; 6.750% | 35000 | &nbsp;&nbsp; 35552 |
| 08/01/2032 | &nbsp;&nbsp; 7.000% | 7000 | &nbsp;&nbsp; 7147 |
| 04/15/2034 | &nbsp;&nbsp; 6.625% | 56000 | &nbsp;&nbsp; 55970 |

---

Columbia Variable Portfolio – Balanced Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Balanced Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Vital Energy, Inc.<sup>(a)</sup>  | Vital Energy, Inc.<sup>(a)</sup>  | Vital Energy, Inc.<sup>(a)</sup>  | Vital Energy, Inc.<sup>(a)</sup>  |
| 04/15/2032 | &nbsp;&nbsp; 7.875% | 28000 | &nbsp;&nbsp; 28644 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **2231204** |
| **Integrated Energy 0.1%** | **Integrated Energy 0.1%** | **Integrated Energy 0.1%** | **Integrated Energy 0.1%** |
| BP Capital Markets America, Inc. | BP Capital Markets America, Inc. | BP Capital Markets America, Inc. | BP Capital Markets America, Inc. |
| 11/17/2027 | &nbsp;&nbsp; 5.017% | 1700000 | &nbsp;&nbsp; 1723246 |
| 03/17/2052 | &nbsp;&nbsp; 3.001% | 840000 | &nbsp;&nbsp; 531809 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **2255055** |
| **Leisure 0.1%** | **Leisure 0.1%** | **Leisure 0.1%** | **Leisure 0.1%** |
| Boyne USA, Inc.<sup>(a)</sup>  | Boyne USA, Inc.<sup>(a)</sup>  | Boyne USA, Inc.<sup>(a)</sup>  | Boyne USA, Inc.<sup>(a)</sup>  |
| 05/15/2029 | &nbsp;&nbsp; 4.750% | 80000 | &nbsp;&nbsp; 77683 |
| Carnival Corp.<sup>(a)</sup>  | Carnival Corp.<sup>(a)</sup>  | Carnival Corp.<sup>(a)</sup>  | Carnival Corp.<sup>(a)</sup>  |
| 03/15/2030 | &nbsp;&nbsp; 5.750% | 34000 | &nbsp;&nbsp; 34259 |
| 08/01/2032 | &nbsp;&nbsp; 5.750% | 55000 | &nbsp;&nbsp; 55011 |
| 02/15/2033 | &nbsp;&nbsp; 6.125% | 68000 | &nbsp;&nbsp; 68635 |
| &nbsp;&nbsp; Cedar Fair LP/Canada's Wonderland Co./Magnum Management Corp./Millennium <br> Op | &nbsp;&nbsp; Cedar Fair LP/Canada's Wonderland Co./Magnum Management Corp./Millennium <br> Op | &nbsp;&nbsp; Cedar Fair LP/Canada's Wonderland Co./Magnum Management Corp./Millennium <br> Op | &nbsp;&nbsp; Cedar Fair LP/Canada's Wonderland Co./Magnum Management Corp./Millennium <br> Op |
| 10/01/2028 | &nbsp;&nbsp; 6.500% | 20000 | &nbsp;&nbsp; 19905 |
| Cinemark USA, Inc.<sup>(a)</sup>  | Cinemark USA, Inc.<sup>(a)</sup>  | Cinemark USA, Inc.<sup>(a)</sup>  | Cinemark USA, Inc.<sup>(a)</sup>  |
| 07/15/2028 | &nbsp;&nbsp; 5.250% | 80000 | &nbsp;&nbsp; 79445 |
| NCL Corp., Ltd.<sup>(a)</sup>  | NCL Corp., Ltd.<sup>(a)</sup>  | NCL Corp., Ltd.<sup>(a)</sup>  | NCL Corp., Ltd.<sup>(a)</sup>  |
| 01/15/2031 | &nbsp;&nbsp; 5.875% | 74000 | &nbsp;&nbsp; 71883 |
| 02/01/2032 | &nbsp;&nbsp; 6.750% | 40000 | &nbsp;&nbsp; 39695 |
| 09/15/2033 | &nbsp;&nbsp; 6.250% | 44000 | &nbsp;&nbsp; 42731 |
| NCL Finance Ltd.<sup>(a)</sup>  | NCL Finance Ltd.<sup>(a)</sup>  | NCL Finance Ltd.<sup>(a)</sup>  | NCL Finance Ltd.<sup>(a)</sup>  |
| 03/15/2028 | &nbsp;&nbsp; 6.125% | 33000 | &nbsp;&nbsp; 33254 |
| Six Flags Entertainment Corp.<sup>(a)</sup>  | Six Flags Entertainment Corp.<sup>(a)</sup>  | Six Flags Entertainment Corp.<sup>(a)</sup>  | Six Flags Entertainment Corp.<sup>(a)</sup>  |
| 05/15/2031 | &nbsp;&nbsp; 7.250% | 147000 | &nbsp;&nbsp; 141903 |
| &nbsp;&nbsp; Six Flags Entertainment Corp./Canada's Wonderland Co./Millennium <br> Operations LLC<sup>(a)</sup>  | &nbsp;&nbsp; Six Flags Entertainment Corp./Canada's Wonderland Co./Millennium <br> Operations LLC<sup>(a)</sup>  | &nbsp;&nbsp; Six Flags Entertainment Corp./Canada's Wonderland Co./Millennium <br> Operations LLC<sup>(a)</sup>  | &nbsp;&nbsp; Six Flags Entertainment Corp./Canada's Wonderland Co./Millennium <br> Operations LLC<sup>(a)</sup>  |
| 01/15/2032 | &nbsp;&nbsp; 8.625% | 78000 | &nbsp;&nbsp; 78128 |
| Six Flags Entertainment Corp./Theme Parks, Inc.<sup>(a)</sup>  | Six Flags Entertainment Corp./Theme Parks, Inc.<sup>(a)</sup>  | Six Flags Entertainment Corp./Theme Parks, Inc.<sup>(a)</sup>  | Six Flags Entertainment Corp./Theme Parks, Inc.<sup>(a)</sup>  |
| 05/01/2032 | &nbsp;&nbsp; 6.625% | 44000 | &nbsp;&nbsp; 44003 |
| Vail Resorts, Inc.<sup>(a)</sup>  | Vail Resorts, Inc.<sup>(a)</sup>  | Vail Resorts, Inc.<sup>(a)</sup>  | Vail Resorts, Inc.<sup>(a)</sup>  |
| 05/15/2032 | &nbsp;&nbsp; 6.500% | 23000 | &nbsp;&nbsp; 23261 |
| Viking Cruises Ltd.<sup>(a)</sup>  | Viking Cruises Ltd.<sup>(a)</sup>  | Viking Cruises Ltd.<sup>(a)</sup>  | Viking Cruises Ltd.<sup>(a)</sup>  |
| 07/15/2031 | &nbsp;&nbsp; 9.125% | 56000 | &nbsp;&nbsp; 59030 |
| 10/15/2033 | &nbsp;&nbsp; 5.875% | 70000 | &nbsp;&nbsp; 69238 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **938064** |
| **Life Insurance 0.2%** | **Life Insurance 0.2%** | **Life Insurance 0.2%** | **Life Insurance 0.2%** |
| Met Tower Global Funding<sup>(a)</sup>  | Met Tower Global Funding<sup>(a)</sup>  | Met Tower Global Funding<sup>(a)</sup>  | Met Tower Global Funding<sup>(a)</sup>  |
| 10/01/2027 | &nbsp;&nbsp; 4.000% | 1067000 | &nbsp;&nbsp; 1062430 |
| 04/12/2029 | &nbsp;&nbsp; 5.250% | 1013000 | &nbsp;&nbsp; 1032786 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Principal Life Global Funding II<sup>(a)</sup>  | Principal Life Global Funding II<sup>(a)</sup>  | Principal Life Global Funding II<sup>(a)</sup>  | Principal Life Global Funding II<sup>(a)</sup>  |
| 11/27/2029 | &nbsp;&nbsp; 4.950% | 297000 | &nbsp;&nbsp; 299954 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **2395170** |
| **Lodging 0.0%** | **Lodging 0.0%** | **Lodging 0.0%** | **Lodging 0.0%** |
| Hilton Domestic Operating Co., Inc.<sup>(a)</sup>  | Hilton Domestic Operating Co., Inc.<sup>(a)</sup>  | Hilton Domestic Operating Co., Inc.<sup>(a)</sup>  | Hilton Domestic Operating Co., Inc.<sup>(a)</sup>  |
| 09/15/2033 | &nbsp;&nbsp; 5.750% | 65000 | &nbsp;&nbsp; 64786 |
| Hilton Grand Vacations Borrower Escrow LLC<sup>(a)</sup>  | Hilton Grand Vacations Borrower Escrow LLC<sup>(a)</sup>  | Hilton Grand Vacations Borrower Escrow LLC<sup>(a)</sup>  | Hilton Grand Vacations Borrower Escrow LLC<sup>(a)</sup>  |
| 01/15/2032 | &nbsp;&nbsp; 6.625% | 103000 | &nbsp;&nbsp; 101930 |
| Marriott Ownership Resorts, Inc.<sup>(a)</sup>  | Marriott Ownership Resorts, Inc.<sup>(a)</sup>  | Marriott Ownership Resorts, Inc.<sup>(a)</sup>  | Marriott Ownership Resorts, Inc.<sup>(a)</sup>  |
| 10/01/2033 | &nbsp;&nbsp; 6.500% | 120000 | &nbsp;&nbsp; 114101 |
| Wyndham Hotels & Resorts, Inc.<sup>(a)</sup>  | Wyndham Hotels & Resorts, Inc.<sup>(a)</sup>  | Wyndham Hotels & Resorts, Inc.<sup>(a)</sup>  | Wyndham Hotels & Resorts, Inc.<sup>(a)</sup>  |
| 03/01/2033 | &nbsp;&nbsp; 5.625% | 21000 | &nbsp;&nbsp; 20662 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **301479** |
| **Media and Entertainment 0.2%** | **Media and Entertainment 0.2%** | **Media and Entertainment 0.2%** | **Media and Entertainment 0.2%** |
| Clear Channel Outdoor Holdings, Inc.<sup>(a)</sup>  | Clear Channel Outdoor Holdings, Inc.<sup>(a)</sup>  | Clear Channel Outdoor Holdings, Inc.<sup>(a)</sup>  | Clear Channel Outdoor Holdings, Inc.<sup>(a)</sup>  |
| 04/15/2028 | &nbsp;&nbsp; 7.750% | 22000 | &nbsp;&nbsp; 22115 |
| 06/01/2029 | &nbsp;&nbsp; 7.500% | 66000 | &nbsp;&nbsp; 66266 |
| 04/01/2030 | &nbsp;&nbsp; 7.875% | 33000 | &nbsp;&nbsp; 34578 |
| 02/15/2031 | &nbsp;&nbsp; 7.125% | 39000 | &nbsp;&nbsp; 40876 |
| 03/15/2033 | &nbsp;&nbsp; 7.500% | 39000 | &nbsp;&nbsp; 41311 |
| Gray Escrow II, Inc.<sup>(a)</sup>  | Gray Escrow II, Inc.<sup>(a)</sup>  | Gray Escrow II, Inc.<sup>(a)</sup>  | Gray Escrow II, Inc.<sup>(a)</sup>  |
| 11/15/2031 | &nbsp;&nbsp; 5.375% | 20000 | &nbsp;&nbsp; 14786 |
| Gray Media, Inc.<sup>(a)</sup>  | Gray Media, Inc.<sup>(a)</sup>  | Gray Media, Inc.<sup>(a)</sup>  | Gray Media, Inc.<sup>(a)</sup>  |
| 07/15/2032 | &nbsp;&nbsp; 9.625% | 38000 | &nbsp;&nbsp; 38030 |
| 08/15/2033 | &nbsp;&nbsp; 7.250% | 13000 | &nbsp;&nbsp; 13095 |
| iHeartCommunications, Inc.<sup>(a)</sup>  | iHeartCommunications, Inc.<sup>(a)</sup>  | iHeartCommunications, Inc.<sup>(a)</sup>  | iHeartCommunications, Inc.<sup>(a)</sup>  |
| 05/01/2029 | &nbsp;&nbsp; 9.125% | 6118 | &nbsp;&nbsp; 5553 |
| 08/15/2030 | &nbsp;&nbsp; 7.750% | 14410 | &nbsp;&nbsp; 11565 |
| Mav Acquisition Corp.<sup>(a)</sup>  | Mav Acquisition Corp.<sup>(a)</sup>  | Mav Acquisition Corp.<sup>(a)</sup>  | Mav Acquisition Corp.<sup>(a)</sup>  |
| 08/01/2029 | &nbsp;&nbsp; 8.000% | 30000 | &nbsp;&nbsp; 29958 |
| McGraw-Hill Education, Inc.<sup>(a)</sup>  | McGraw-Hill Education, Inc.<sup>(a)</sup>  | McGraw-Hill Education, Inc.<sup>(a)</sup>  | McGraw-Hill Education, Inc.<sup>(a)</sup>  |
| 09/01/2031 | &nbsp;&nbsp; 7.375% | 25000 | &nbsp;&nbsp; 25536 |
| Meta Platforms, Inc. | Meta Platforms, Inc. | Meta Platforms, Inc. | Meta Platforms, Inc. |
| 11/15/2045 | &nbsp;&nbsp; 5.500% | 368000 | &nbsp;&nbsp; 348485 |
| 11/15/2055 | &nbsp;&nbsp; 5.625% | 648000 | &nbsp;&nbsp; 606979 |
| 11/15/2065 | &nbsp;&nbsp; 5.750% | 713000 | &nbsp;&nbsp; 661263 |
| Nexstar Media, Inc.<sup>(a)</sup>  | Nexstar Media, Inc.<sup>(a)</sup>  | Nexstar Media, Inc.<sup>(a)</sup>  | Nexstar Media, Inc.<sup>(a)</sup>  |
| 09/15/2033 | &nbsp;&nbsp; 6.500% | 78000 | &nbsp;&nbsp; 78603 |
| Nexstar Media, Inc.<sup>(a),(f)</sup>  | Nexstar Media, Inc.<sup>(a),(f)</sup>  | Nexstar Media, Inc.<sup>(a),(f)</sup>  | Nexstar Media, Inc.<sup>(a),(f)</sup>  |
| 04/15/2034 | &nbsp;&nbsp; 7.250% | 68000 | &nbsp;&nbsp; 68148 |
| OAK-Eagle Acquireco, Inc.<sup>(a),(f)</sup>  | OAK-Eagle Acquireco, Inc.<sup>(a),(f)</sup>  | OAK-Eagle Acquireco, Inc.<sup>(a),(f)</sup>  | OAK-Eagle Acquireco, Inc.<sup>(a),(f)</sup>  |
| 07/01/2033 | &nbsp;&nbsp; 7.250% | 35000 | &nbsp;&nbsp; 36248 |
| 07/01/2034 | &nbsp;&nbsp; 8.750% | 35000 | &nbsp;&nbsp; 36602 |

---

Columbia Variable Portfolio – Balanced Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Balanced Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Outfront Media Capital LLC/Corp.<sup>(a)</sup>  | Outfront Media Capital LLC/Corp.<sup>(a)</sup>  | Outfront Media Capital LLC/Corp.<sup>(a)</sup>  | Outfront Media Capital LLC/Corp.<sup>(a)</sup>  |
| 08/15/2027 | &nbsp;&nbsp; 5.000% | 31000 | &nbsp;&nbsp; 30951 |
| 03/15/2030 | &nbsp;&nbsp; 4.625% | 24000 | &nbsp;&nbsp; 23161 |
| 02/15/2031 | &nbsp;&nbsp; 7.375% | 29000 | &nbsp;&nbsp; 30257 |
| Roblox Corp.<sup>(a)</sup>  | Roblox Corp.<sup>(a)</sup>  | Roblox Corp.<sup>(a)</sup>  | Roblox Corp.<sup>(a)</sup>  |
| 05/01/2030 | &nbsp;&nbsp; 3.875% | 46000 | &nbsp;&nbsp; 43189 |
| Snap, Inc.<sup>(a)</sup>  | Snap, Inc.<sup>(a)</sup>  | Snap, Inc.<sup>(a)</sup>  | Snap, Inc.<sup>(a)</sup>  |
| 03/01/2033 | &nbsp;&nbsp; 6.875% | 102000 | &nbsp;&nbsp; 96547 |
| 03/15/2034 | &nbsp;&nbsp; 6.875% | 56000 | &nbsp;&nbsp; 52651 |
| Univision Communications, Inc.<sup>(a)</sup>  | Univision Communications, Inc.<sup>(a)</sup>  | Univision Communications, Inc.<sup>(a)</sup>  | Univision Communications, Inc.<sup>(a)</sup>  |
| 08/15/2028 | &nbsp;&nbsp; 8.000% | 39000 | &nbsp;&nbsp; 39642 |
| 05/01/2029 | &nbsp;&nbsp; 4.500% | 15000 | &nbsp;&nbsp; 14114 |
| 06/30/2030 | &nbsp;&nbsp; 7.375% | 19000 | &nbsp;&nbsp; 18635 |
| WarnerMedia Holdings, Inc. | WarnerMedia Holdings, Inc. | WarnerMedia Holdings, Inc. | WarnerMedia Holdings, Inc. |
| 03/15/2032 | &nbsp;&nbsp; 4.279% | 30000 | &nbsp;&nbsp; 26560 |
| 03/15/2042 | &nbsp;&nbsp; 5.050% | 122000 | &nbsp;&nbsp; 81391 |
| 03/15/2052 | &nbsp;&nbsp; 5.141% | 15000 | &nbsp;&nbsp; 9090 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **2646185** |
| **Metals and Mining 0.0%** | **Metals and Mining 0.0%** | **Metals and Mining 0.0%** | **Metals and Mining 0.0%** |
| Alcoa Nederland Holding BV<sup>(a)</sup>  | Alcoa Nederland Holding BV<sup>(a)</sup>  | Alcoa Nederland Holding BV<sup>(a)</sup>  | Alcoa Nederland Holding BV<sup>(a)</sup>  |
| 03/15/2031 | &nbsp;&nbsp; 7.125% | 13000 | &nbsp;&nbsp; 13596 |
| Carpenter Technology Corp.<sup>(a)</sup>  | Carpenter Technology Corp.<sup>(a)</sup>  | Carpenter Technology Corp.<sup>(a)</sup>  | Carpenter Technology Corp.<sup>(a)</sup>  |
| 03/01/2034 | &nbsp;&nbsp; 5.625% | 31000 | &nbsp;&nbsp; 30720 |
| Cleveland-Cliffs, Inc.<sup>(a)</sup>  | Cleveland-Cliffs, Inc.<sup>(a)</sup>  | Cleveland-Cliffs, Inc.<sup>(a)</sup>  | Cleveland-Cliffs, Inc.<sup>(a)</sup>  |
| 11/01/2029 | &nbsp;&nbsp; 6.875% | 9000 | &nbsp;&nbsp; 9000 |
| 03/15/2032 | &nbsp;&nbsp; 7.000% | 7000 | &nbsp;&nbsp; 6774 |
| 05/01/2033 | &nbsp;&nbsp; 7.375% | 6000 | &nbsp;&nbsp; 5872 |
| Compass Minerals International, Inc.<sup>(a)</sup>  | Compass Minerals International, Inc.<sup>(a)</sup>  | Compass Minerals International, Inc.<sup>(a)</sup>  | Compass Minerals International, Inc.<sup>(a)</sup>  |
| 07/01/2030 | &nbsp;&nbsp; 8.000% | 21000 | &nbsp;&nbsp; 21743 |
| Constellium SE<sup>(a)</sup>  | Constellium SE<sup>(a)</sup>  | Constellium SE<sup>(a)</sup>  | Constellium SE<sup>(a)</sup>  |
| 06/15/2028 | &nbsp;&nbsp; 5.625% | 14000 | &nbsp;&nbsp; 13953 |
| 04/15/2029 | &nbsp;&nbsp; 3.750% | 32000 | &nbsp;&nbsp; 30569 |
| 08/15/2032 | &nbsp;&nbsp; 6.375% | 10000 | &nbsp;&nbsp; 10106 |
| Hudbay Minerals, Inc.<sup>(a)</sup>  | Hudbay Minerals, Inc.<sup>(a)</sup>  | Hudbay Minerals, Inc.<sup>(a)</sup>  | Hudbay Minerals, Inc.<sup>(a)</sup>  |
| 04/01/2029 | &nbsp;&nbsp; 6.125% | 72000 | &nbsp;&nbsp; 71902 |
| Kaiser Aluminum Corp.<sup>(a)</sup>  | Kaiser Aluminum Corp.<sup>(a)</sup>  | Kaiser Aluminum Corp.<sup>(a)</sup>  | Kaiser Aluminum Corp.<sup>(a)</sup>  |
| 06/01/2031 | &nbsp;&nbsp; 4.500% | 34000 | &nbsp;&nbsp; 32118 |
| 03/01/2034 | &nbsp;&nbsp; 5.875% | 132000 | &nbsp;&nbsp; 129765 |
| Novelis Corp.<sup>(a)</sup>  | Novelis Corp.<sup>(a)</sup>  | Novelis Corp.<sup>(a)</sup>  | Novelis Corp.<sup>(a)</sup>  |
| 01/30/2030 | &nbsp;&nbsp; 4.750% | 97000 | &nbsp;&nbsp; 91872 |
| 08/15/2031 | &nbsp;&nbsp; 3.875% | 54000 | &nbsp;&nbsp; 48057 |
| 08/15/2033 | &nbsp;&nbsp; 6.375% | 90000 | &nbsp;&nbsp; 88271 |
| Novelis, Inc.<sup>(a)</sup>  | Novelis, Inc.<sup>(a)</sup>  | Novelis, Inc.<sup>(a)</sup>  | Novelis, Inc.<sup>(a)</sup>  |
| 01/30/2030 | &nbsp;&nbsp; 6.875% | 11000 | &nbsp;&nbsp; 11097 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **615415** |

---

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| **Midstream 0.3%** | **Midstream 0.3%** | **Midstream 0.3%** | **Midstream 0.3%** |
| AmeriGas Partners LP/Finance Corp.<sup>(a)</sup>  | AmeriGas Partners LP/Finance Corp.<sup>(a)</sup>  | AmeriGas Partners LP/Finance Corp.<sup>(a)</sup>  | AmeriGas Partners LP/Finance Corp.<sup>(a)</sup>  |
| 06/01/2030 | &nbsp;&nbsp; 9.500% | 40000 | &nbsp;&nbsp; 42389 |
| Antero Midstream Partners LP/Finance Corp.<sup>(a)</sup>  | Antero Midstream Partners LP/Finance Corp.<sup>(a)</sup>  | Antero Midstream Partners LP/Finance Corp.<sup>(a)</sup>  | Antero Midstream Partners LP/Finance Corp.<sup>(a)</sup>  |
| 02/01/2032 | &nbsp;&nbsp; 6.625% | 128000 | &nbsp;&nbsp; 131011 |
| CNX Midstream Partners LP<sup>(a)</sup>  | CNX Midstream Partners LP<sup>(a)</sup>  | CNX Midstream Partners LP<sup>(a)</sup>  | CNX Midstream Partners LP<sup>(a)</sup>  |
| 04/15/2030 | &nbsp;&nbsp; 4.750% | 75000 | &nbsp;&nbsp; 71472 |
| Delek Logistics Partners LP/Finance Corp.<sup>(a)</sup>  | Delek Logistics Partners LP/Finance Corp.<sup>(a)</sup>  | Delek Logistics Partners LP/Finance Corp.<sup>(a)</sup>  | Delek Logistics Partners LP/Finance Corp.<sup>(a)</sup>  |
| 03/15/2029 | &nbsp;&nbsp; 8.625% | 123000 | &nbsp;&nbsp; 127306 |
| 06/30/2033 | &nbsp;&nbsp; 7.375% | 115000 | &nbsp;&nbsp; 115880 |
| Enbridge, Inc. | Enbridge, Inc. | Enbridge, Inc. | Enbridge, Inc. |
| 04/05/2027 | &nbsp;&nbsp; 5.250% | 1160000 | &nbsp;&nbsp; 1169489 |
| Energy Transfer LP | Energy Transfer LP | Energy Transfer LP | Energy Transfer LP |
| 05/15/2054 | &nbsp;&nbsp; 5.950% | 930000 | &nbsp;&nbsp; 872916 |
| ITT Holdings LLC<sup>(a)</sup>  | ITT Holdings LLC<sup>(a)</sup>  | ITT Holdings LLC<sup>(a)</sup>  | ITT Holdings LLC<sup>(a)</sup>  |
| 08/01/2029 | &nbsp;&nbsp; 6.500% | 6000 | &nbsp;&nbsp; 5848 |
| Kinder Morgan Energy Partners LP | Kinder Morgan Energy Partners LP | Kinder Morgan Energy Partners LP | Kinder Morgan Energy Partners LP |
| 03/01/2044 | &nbsp;&nbsp; 5.500% | 660000 | &nbsp;&nbsp; 623492 |
| NuStar Logistics LP | NuStar Logistics LP | NuStar Logistics LP | NuStar Logistics LP |
| 10/01/2030 | &nbsp;&nbsp; 6.375% | 24000 | &nbsp;&nbsp; 24818 |
| Rockies Express Pipeline LLC<sup>(a)</sup>  | Rockies Express Pipeline LLC<sup>(a)</sup>  | Rockies Express Pipeline LLC<sup>(a)</sup>  | Rockies Express Pipeline LLC<sup>(a)</sup>  |
| 03/15/2033 | &nbsp;&nbsp; 6.750% | 20000 | &nbsp;&nbsp; 20576 |
| Sunoco LP<sup>(a),(e),(g)</sup>  | Sunoco LP<sup>(a),(e),(g)</sup>  | Sunoco LP<sup>(a),(e),(g)</sup>  | Sunoco LP<sup>(a),(e),(g)</sup>  |
|  | &nbsp;&nbsp; 7.875% | 50000 | &nbsp;&nbsp; 50954 |
| Sunoco LP<sup>(a)</sup>  | Sunoco LP<sup>(a)</sup>  | Sunoco LP<sup>(a)</sup>  | Sunoco LP<sup>(a)</sup>  |
| 07/15/2031 | &nbsp;&nbsp; 5.375% | 29000 | &nbsp;&nbsp; 28766 |
| 05/01/2032 | &nbsp;&nbsp; 7.250% | 23000 | &nbsp;&nbsp; 23818 |
| 07/01/2033 | &nbsp;&nbsp; 6.250% | 90000 | &nbsp;&nbsp; 90538 |
| Sunoco LP/Finance Corp. | Sunoco LP/Finance Corp. | Sunoco LP/Finance Corp. | Sunoco LP/Finance Corp. |
| 04/30/2030 | &nbsp;&nbsp; 4.500% | 81000 | &nbsp;&nbsp; 78334 |
| TransMontaigne Partners LLC<sup>(a)</sup>  | TransMontaigne Partners LLC<sup>(a)</sup>  | TransMontaigne Partners LLC<sup>(a)</sup>  | TransMontaigne Partners LLC<sup>(a)</sup>  |
| 06/15/2030 | &nbsp;&nbsp; 8.500% | 100000 | &nbsp;&nbsp; 101382 |
| Venture Global Calcasieu Pass LLC<sup>(a)</sup>  | Venture Global Calcasieu Pass LLC<sup>(a)</sup>  | Venture Global Calcasieu Pass LLC<sup>(a)</sup>  | Venture Global Calcasieu Pass LLC<sup>(a)</sup>  |
| 08/15/2029 | &nbsp;&nbsp; 3.875% | 22000 | &nbsp;&nbsp; 20916 |
| 08/15/2031 | &nbsp;&nbsp; 4.125% | 48000 | &nbsp;&nbsp; 44643 |
| 11/01/2033 | &nbsp;&nbsp; 3.875% | 19000 | &nbsp;&nbsp; 16843 |
| Venture Global LNG, Inc.<sup>(a)</sup>  | Venture Global LNG, Inc.<sup>(a)</sup>  | Venture Global LNG, Inc.<sup>(a)</sup>  | Venture Global LNG, Inc.<sup>(a)</sup>  |
| 06/01/2028 | &nbsp;&nbsp; 8.125% | 58000 | &nbsp;&nbsp; 59388 |
| 02/01/2029 | &nbsp;&nbsp; 9.500% | 14000 | &nbsp;&nbsp; 15144 |
| 01/15/2030 | &nbsp;&nbsp; 7.000% | 55000 | &nbsp;&nbsp; 56257 |
| 06/01/2031 | &nbsp;&nbsp; 8.375% | 35000 | &nbsp;&nbsp; 36399 |
| 02/01/2032 | &nbsp;&nbsp; 9.875% | 97000 | &nbsp;&nbsp; 104196 |
| Venture Global Plaquemines LNG LLC<sup>(a)</sup>  | Venture Global Plaquemines LNG LLC<sup>(a)</sup>  | Venture Global Plaquemines LNG LLC<sup>(a)</sup>  | Venture Global Plaquemines LNG LLC<sup>(a)</sup>  |
| 12/15/2030 | &nbsp;&nbsp; 6.125% | 17000 | &nbsp;&nbsp; 17488 |
| 05/01/2033 | &nbsp;&nbsp; 7.500% | 37000 | &nbsp;&nbsp; 40696 |
| 01/15/2034 | &nbsp;&nbsp; 6.500% | 49000 | &nbsp;&nbsp; 51086 |
| 06/15/2034 | &nbsp;&nbsp; 6.500% | 52000 | &nbsp;&nbsp; 54107 |
| 05/01/2035 | &nbsp;&nbsp; 7.750% | 15000 | &nbsp;&nbsp; 16815 |

---

Columbia Variable Portfolio – Balanced Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Balanced Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| 01/15/2036 | &nbsp;&nbsp; 6.750% | 122000 | &nbsp;&nbsp; 129089 |
| Western Midstream Operating LP | Western Midstream Operating LP | Western Midstream Operating LP | Western Midstream Operating LP |
| 04/01/2033 | &nbsp;&nbsp; 6.150% | 764000 | &nbsp;&nbsp; 797899 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **5039955** |
| **Natural Gas 0.1%** | **Natural Gas 0.1%** | **Natural Gas 0.1%** | **Natural Gas 0.1%** |
| NiSource, Inc. | NiSource, Inc. | NiSource, Inc. | NiSource, Inc. |
| 05/01/2030 | &nbsp;&nbsp; 3.600% | 585000 | &nbsp;&nbsp; 564080 |
| Southern Co Gas Capital Corp. | Southern Co Gas Capital Corp. | Southern Co Gas Capital Corp. | Southern Co Gas Capital Corp. |
| 09/15/2028 | &nbsp;&nbsp; 4.050% | 520000 | &nbsp;&nbsp; 516006 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **1080086** |
| **Oil Field Services 0.0%** | **Oil Field Services 0.0%** | **Oil Field Services 0.0%** | **Oil Field Services 0.0%** |
| Archrock Partners LP/Finance Corp.<sup>(a)</sup>  | Archrock Partners LP/Finance Corp.<sup>(a)</sup>  | Archrock Partners LP/Finance Corp.<sup>(a)</sup>  | Archrock Partners LP/Finance Corp.<sup>(a)</sup>  |
| 04/01/2028 | &nbsp;&nbsp; 6.250% | 51000 | &nbsp;&nbsp; 51000 |
| 09/01/2032 | &nbsp;&nbsp; 6.625% | 30000 | &nbsp;&nbsp; 30591 |
| Archrock Services LP /Partners Finance Corp.<sup>(a)</sup>  | Archrock Services LP /Partners Finance Corp.<sup>(a)</sup>  | Archrock Services LP /Partners Finance Corp.<sup>(a)</sup>  | Archrock Services LP /Partners Finance Corp.<sup>(a)</sup>  |
| 02/01/2034 | &nbsp;&nbsp; 6.000% | 66000 | &nbsp;&nbsp; 65375 |
| Kodiak Gas Services LLC<sup>(a)</sup>  | Kodiak Gas Services LLC<sup>(a)</sup>  | Kodiak Gas Services LLC<sup>(a)</sup>  | Kodiak Gas Services LLC<sup>(a)</sup>  |
| 02/15/2029 | &nbsp;&nbsp; 7.250% | 49000 | &nbsp;&nbsp; 50776 |
| 04/01/2031 | &nbsp;&nbsp; 5.875% | 34000 | &nbsp;&nbsp; 34144 |
| 10/01/2033 | &nbsp;&nbsp; 6.500% | 32000 | &nbsp;&nbsp; 32274 |
| 10/01/2035 | &nbsp;&nbsp; 6.750% | 69000 | &nbsp;&nbsp; 70085 |
| Nabors Industries, Inc.<sup>(a)</sup>  | Nabors Industries, Inc.<sup>(a)</sup>  | Nabors Industries, Inc.<sup>(a)</sup>  | Nabors Industries, Inc.<sup>(a)</sup>  |
| 01/31/2030 | &nbsp;&nbsp; 9.125% | 65000 | &nbsp;&nbsp; 68221 |
| 08/15/2031 | &nbsp;&nbsp; 8.875% | 8000 | &nbsp;&nbsp; 8342 |
| 11/15/2032 | &nbsp;&nbsp; 7.625% | 56000 | &nbsp;&nbsp; 57307 |
| Transocean Aquila Ltd.<sup>(a)</sup>  | Transocean Aquila Ltd.<sup>(a)</sup>  | Transocean Aquila Ltd.<sup>(a)</sup>  | Transocean Aquila Ltd.<sup>(a)</sup>  |
| 09/30/2028 | &nbsp;&nbsp; 8.000% | 29646 | &nbsp;&nbsp; 30319 |
| Transocean, Inc.<sup>(a)</sup>  | Transocean, Inc.<sup>(a)</sup>  | Transocean, Inc.<sup>(a)</sup>  | Transocean, Inc.<sup>(a)</sup>  |
| 05/15/2029 | &nbsp;&nbsp; 8.250% | 11000 | &nbsp;&nbsp; 11361 |
| 05/15/2031 | &nbsp;&nbsp; 8.500% | 30000 | &nbsp;&nbsp; 31516 |
| USA Compression Partners LP/Finance Corp.<sup>(a)</sup>  | USA Compression Partners LP/Finance Corp.<sup>(a)</sup>  | USA Compression Partners LP/Finance Corp.<sup>(a)</sup>  | USA Compression Partners LP/Finance Corp.<sup>(a)</sup>  |
| 03/15/2029 | &nbsp;&nbsp; 7.125% | 50000 | &nbsp;&nbsp; 51168 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **592479** |
| **Other Industry 0.0%** | **Other Industry 0.0%** | **Other Industry 0.0%** | **Other Industry 0.0%** |
| Installed Building Products, Inc.<sup>(a)</sup>  | Installed Building Products, Inc.<sup>(a)</sup>  | Installed Building Products, Inc.<sup>(a)</sup>  | Installed Building Products, Inc.<sup>(a)</sup>  |
| 02/01/2034 | &nbsp;&nbsp; 5.625% | 13000 | &nbsp;&nbsp; 12763 |
| Williams Scotsman, Inc.<sup>(a)</sup>  | Williams Scotsman, Inc.<sup>(a)</sup>  | Williams Scotsman, Inc.<sup>(a)</sup>  | Williams Scotsman, Inc.<sup>(a)</sup>  |
| 06/15/2029 | &nbsp;&nbsp; 6.625% | 12000 | &nbsp;&nbsp; 12128 |
| 04/15/2030 | &nbsp;&nbsp; 6.625% | 61000 | &nbsp;&nbsp; 61826 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **86717** |
| **Other REIT 0.0%** | **Other REIT 0.0%** | **Other REIT 0.0%** | **Other REIT 0.0%** |
| Ladder Capital Finance Holdings LLLP/Corp.<sup>(a)</sup>  | Ladder Capital Finance Holdings LLLP/Corp.<sup>(a)</sup>  | Ladder Capital Finance Holdings LLLP/Corp.<sup>(a)</sup>  | Ladder Capital Finance Holdings LLLP/Corp.<sup>(a)</sup>  |
| 07/15/2031 | &nbsp;&nbsp; 7.000% | 26000 | &nbsp;&nbsp; 26902 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Park Intermediate Holdings LLC/PK Domestic Property LLC/Finance Co-Issuer<sup>(a)</sup>  | Park Intermediate Holdings LLC/PK Domestic Property LLC/Finance Co-Issuer<sup>(a)</sup>  | Park Intermediate Holdings LLC/PK Domestic Property LLC/Finance Co-Issuer<sup>(a)</sup>  | Park Intermediate Holdings LLC/PK Domestic Property LLC/Finance Co-Issuer<sup>(a)</sup>  |
| 10/01/2028 | &nbsp;&nbsp; 5.875% | 42000 | &nbsp;&nbsp; 41764 |
| 05/15/2029 | &nbsp;&nbsp; 4.875% | 21000 | &nbsp;&nbsp; 20206 |
| RHP Hotel Properties LP/Finance Corp.<sup>(a)</sup>  | RHP Hotel Properties LP/Finance Corp.<sup>(a)</sup>  | RHP Hotel Properties LP/Finance Corp.<sup>(a)</sup>  | RHP Hotel Properties LP/Finance Corp.<sup>(a)</sup>  |
| 07/15/2028 | &nbsp;&nbsp; 7.250% | 20000 | &nbsp;&nbsp; 20415 |
| 06/15/2033 | &nbsp;&nbsp; 6.500% | 48000 | &nbsp;&nbsp; 48841 |
| 03/15/2034 | &nbsp;&nbsp; 5.750% | 9000 | &nbsp;&nbsp; 8883 |
| Service Properties Trust<sup>(a)</sup>  | Service Properties Trust<sup>(a)</sup>  | Service Properties Trust<sup>(a)</sup>  | Service Properties Trust<sup>(a)</sup>  |
| 11/15/2031 | &nbsp;&nbsp; 8.625% | 26000 | &nbsp;&nbsp; 27179 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **194190** |
| **Packaging 0.0%** | **Packaging 0.0%** | **Packaging 0.0%** | **Packaging 0.0%** |
| Ardagh Metal Packaging Finance USA LLC/PLC<sup>(a)</sup>  | Ardagh Metal Packaging Finance USA LLC/PLC<sup>(a)</sup>  | Ardagh Metal Packaging Finance USA LLC/PLC<sup>(a)</sup>  | Ardagh Metal Packaging Finance USA LLC/PLC<sup>(a)</sup>  |
| 09/01/2029 | &nbsp;&nbsp; 4.000% | 152000 | &nbsp;&nbsp; 139168 |
| 01/30/2031 | &nbsp;&nbsp; 6.250% | 26000 | &nbsp;&nbsp; 25764 |
| Clydesdale Acquisition Holdings, Inc.<sup>(a)</sup>  | Clydesdale Acquisition Holdings, Inc.<sup>(a)</sup>  | Clydesdale Acquisition Holdings, Inc.<sup>(a)</sup>  | Clydesdale Acquisition Holdings, Inc.<sup>(a)</sup>  |
| 04/15/2029 | &nbsp;&nbsp; 6.625% | 30000 | &nbsp;&nbsp; 29492 |
| 04/15/2030 | &nbsp;&nbsp; 8.750% | 91000 | &nbsp;&nbsp; 85124 |
| 04/15/2032 | &nbsp;&nbsp; 6.750% | 26000 | &nbsp;&nbsp; 24595 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **304143** |
| **Pharmaceuticals 0.6%** | **Pharmaceuticals 0.6%** | **Pharmaceuticals 0.6%** | **Pharmaceuticals 0.6%** |
| 1261229 BC Ltd.<sup>(a)</sup>  | 1261229 BC Ltd.<sup>(a)</sup>  | 1261229 BC Ltd.<sup>(a)</sup>  | 1261229 BC Ltd.<sup>(a)</sup>  |
| 04/15/2032 | &nbsp;&nbsp; 10.000% | 149000 | &nbsp;&nbsp; 151657 |
| AbbVie, Inc. | AbbVie, Inc. | AbbVie, Inc. | AbbVie, Inc. |
| 03/15/2029 | &nbsp;&nbsp; 4.800% | 4131000 | &nbsp;&nbsp; 4197597 |
| 11/21/2029 | &nbsp;&nbsp; 3.200% | 1232000 | &nbsp;&nbsp; 1186002 |
| Amgen, Inc. | Amgen, Inc. | Amgen, Inc. | Amgen, Inc. |
| 03/02/2033 | &nbsp;&nbsp; 5.250% | 1240000 | &nbsp;&nbsp; 1272254 |
| 03/02/2063 | &nbsp;&nbsp; 5.750% | 620000 | &nbsp;&nbsp; 595883 |
| Bausch Health Companies, Inc.<sup>(a)</sup>  | Bausch Health Companies, Inc.<sup>(a)</sup>  | Bausch Health Companies, Inc.<sup>(a)</sup>  | Bausch Health Companies, Inc.<sup>(a)</sup>  |
| 01/31/2027 | &nbsp;&nbsp; 8.500% | 5000 | &nbsp;&nbsp; 4954 |
| 06/01/2028 | &nbsp;&nbsp; 4.875% | 20000 | &nbsp;&nbsp; 18356 |
| 09/30/2028 | &nbsp;&nbsp; 11.000% | 11000 | &nbsp;&nbsp; 11252 |
| 02/15/2029 | &nbsp;&nbsp; 6.250% | 17000 | &nbsp;&nbsp; 12747 |
| Grifols Escrow Issuer SA<sup>(a)</sup>  | Grifols Escrow Issuer SA<sup>(a)</sup>  | Grifols Escrow Issuer SA<sup>(a)</sup>  | Grifols Escrow Issuer SA<sup>(a)</sup>  |
| 10/15/2028 | &nbsp;&nbsp; 4.750% | 85000 | &nbsp;&nbsp; 83376 |
| Merck & Co., Inc. | Merck & Co., Inc. | Merck & Co., Inc. | Merck & Co., Inc. |
| 12/04/2035 | &nbsp;&nbsp; 4.750% | 1474000 | &nbsp;&nbsp; 1446638 |
| Organon Finance 1 LLC<sup>(a)</sup>  | Organon Finance 1 LLC<sup>(a)</sup>  | Organon Finance 1 LLC<sup>(a)</sup>  | Organon Finance 1 LLC<sup>(a)</sup>  |
| 04/30/2028 | &nbsp;&nbsp; 4.125% | 18000 | &nbsp;&nbsp; 17451 |
| 04/30/2031 | &nbsp;&nbsp; 5.125% | 11000 | &nbsp;&nbsp; 8979 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **9007146** |

---

Columbia Variable Portfolio – Balanced Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Balanced Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| **Property & Casualty 0.1%** | **Property & Casualty 0.1%** | **Property & Casualty 0.1%** | **Property & Casualty 0.1%** |
| Acrisure LLC/Finance, Inc.<sup>(a)</sup>  | Acrisure LLC/Finance, Inc.<sup>(a)</sup>  | Acrisure LLC/Finance, Inc.<sup>(a)</sup>  | Acrisure LLC/Finance, Inc.<sup>(a)</sup>  |
| 02/01/2029 | &nbsp;&nbsp; 8.250% | 55000 | &nbsp;&nbsp; 54416 |
| 08/01/2029 | &nbsp;&nbsp; 6.000% | 31000 | &nbsp;&nbsp; 29114 |
| 11/06/2030 | &nbsp;&nbsp; 7.500% | 82000 | &nbsp;&nbsp; 82023 |
| 07/01/2032 | &nbsp;&nbsp; 6.750% | 21000 | &nbsp;&nbsp; 20187 |
| Alliant Holdings Intermediate LLC/Co-Issuer<sup>(a)</sup>  | Alliant Holdings Intermediate LLC/Co-Issuer<sup>(a)</sup>  | Alliant Holdings Intermediate LLC/Co-Issuer<sup>(a)</sup>  | Alliant Holdings Intermediate LLC/Co-Issuer<sup>(a)</sup>  |
| 10/15/2027 | &nbsp;&nbsp; 6.750% | 30000 | &nbsp;&nbsp; 29993 |
| 04/15/2028 | &nbsp;&nbsp; 6.750% | 32000 | &nbsp;&nbsp; 32168 |
| 11/01/2029 | &nbsp;&nbsp; 5.875% | 54000 | &nbsp;&nbsp; 52421 |
| 01/15/2031 | &nbsp;&nbsp; 7.000% | 144000 | &nbsp;&nbsp; 145227 |
| 10/01/2031 | &nbsp;&nbsp; 6.500% | 15000 | &nbsp;&nbsp; 14805 |
| 10/01/2032 | &nbsp;&nbsp; 7.375% | 105000 | &nbsp;&nbsp; 103069 |
| AmWINS Group, Inc.<sup>(a)</sup>  | AmWINS Group, Inc.<sup>(a)</sup>  | AmWINS Group, Inc.<sup>(a)</sup>  | AmWINS Group, Inc.<sup>(a)</sup>  |
| 02/15/2029 | &nbsp;&nbsp; 6.375% | 50000 | &nbsp;&nbsp; 50400 |
| Ardonagh Finco Ltd.<sup>(a)</sup>  | Ardonagh Finco Ltd.<sup>(a)</sup>  | Ardonagh Finco Ltd.<sup>(a)</sup>  | Ardonagh Finco Ltd.<sup>(a)</sup>  |
| 02/15/2031 | &nbsp;&nbsp; 7.750% | 103000 | &nbsp;&nbsp; 104053 |
| Ardonagh Group Finance Ltd.<sup>(a)</sup>  | Ardonagh Group Finance Ltd.<sup>(a)</sup>  | Ardonagh Group Finance Ltd.<sup>(a)</sup>  | Ardonagh Group Finance Ltd.<sup>(a)</sup>  |
| 02/15/2032 | &nbsp;&nbsp; 8.875% | 133000 | &nbsp;&nbsp; 129118 |
| Asurion LLC and Asurion Co-Issuer, Inc.<sup>(a)</sup>  | Asurion LLC and Asurion Co-Issuer, Inc.<sup>(a)</sup>  | Asurion LLC and Asurion Co-Issuer, Inc.<sup>(a)</sup>  | Asurion LLC and Asurion Co-Issuer, Inc.<sup>(a)</sup>  |
| 02/01/2034 | &nbsp;&nbsp; 8.375% | 23000 | &nbsp;&nbsp; 22403 |
| BroadStreet Partners, Inc.<sup>(a)</sup>  | BroadStreet Partners, Inc.<sup>(a)</sup>  | BroadStreet Partners, Inc.<sup>(a)</sup>  | BroadStreet Partners, Inc.<sup>(a)</sup>  |
| 04/15/2029 | &nbsp;&nbsp; 5.875% | 107000 | &nbsp;&nbsp; 104264 |
| Howden UK Refinance PLC/2 PLC/US Refinance LLC<sup>(a)</sup>  | Howden UK Refinance PLC/2 PLC/US Refinance LLC<sup>(a)</sup>  | Howden UK Refinance PLC/2 PLC/US Refinance LLC<sup>(a)</sup>  | Howden UK Refinance PLC/2 PLC/US Refinance LLC<sup>(a)</sup>  |
| 02/15/2032 | &nbsp;&nbsp; 8.125% | 50000 | &nbsp;&nbsp; 46894 |
| HUB International Ltd.<sup>(a)</sup>  | HUB International Ltd.<sup>(a)</sup>  | HUB International Ltd.<sup>(a)</sup>  | HUB International Ltd.<sup>(a)</sup>  |
| 12/01/2029 | &nbsp;&nbsp; 5.625% | 43000 | &nbsp;&nbsp; 41994 |
| 06/15/2030 | &nbsp;&nbsp; 7.250% | 89000 | &nbsp;&nbsp; 91377 |
| 01/31/2032 | &nbsp;&nbsp; 7.375% | 137000 | &nbsp;&nbsp; 139747 |
| Panther Escrow Issuer LLC<sup>(a)</sup>  | Panther Escrow Issuer LLC<sup>(a)</sup>  | Panther Escrow Issuer LLC<sup>(a)</sup>  | Panther Escrow Issuer LLC<sup>(a)</sup>  |
| 06/01/2031 | &nbsp;&nbsp; 7.125% | 106000 | &nbsp;&nbsp; 106169 |
| Ryan Specialty LLC<sup>(a)</sup>  | Ryan Specialty LLC<sup>(a)</sup>  | Ryan Specialty LLC<sup>(a)</sup>  | Ryan Specialty LLC<sup>(a)</sup>  |
| 08/01/2032 | &nbsp;&nbsp; 5.875% | 24000 | &nbsp;&nbsp; 23750 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **1423592** |
| **Railroads 0.2%** | **Railroads 0.2%** | **Railroads 0.2%** | **Railroads 0.2%** |
| Canadian Pacific Railway Co. | Canadian Pacific Railway Co. | Canadian Pacific Railway Co. | Canadian Pacific Railway Co. |
| 03/15/2029 | &nbsp;&nbsp; 4.000% | 225000 | &nbsp;&nbsp; 222437 |
| 12/02/2031 | &nbsp;&nbsp; 2.450% | 1287000 | &nbsp;&nbsp; 1143323 |
| Genesee & Wyoming, Inc.<sup>(a)</sup>  | Genesee & Wyoming, Inc.<sup>(a)</sup>  | Genesee & Wyoming, Inc.<sup>(a)</sup>  | Genesee & Wyoming, Inc.<sup>(a)</sup>  |
| 04/15/2032 | &nbsp;&nbsp; 6.250% | 89000 | &nbsp;&nbsp; 90009 |
| Norfolk Southern Corp. | Norfolk Southern Corp. | Norfolk Southern Corp. | Norfolk Southern Corp. |
| 06/15/2026 | &nbsp;&nbsp; 2.900% | 868000 | &nbsp;&nbsp; 865869 |
| Watco Cos LLC/Finance Corp.<sup>(a)</sup>  | Watco Cos LLC/Finance Corp.<sup>(a)</sup>  | Watco Cos LLC/Finance Corp.<sup>(a)</sup>  | Watco Cos LLC/Finance Corp.<sup>(a)</sup>  |
| 08/01/2032 | &nbsp;&nbsp; 7.125% | 126000 | &nbsp;&nbsp; 129538 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **2451176** |

---

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| **Restaurants 0.0%** | **Restaurants 0.0%** | **Restaurants 0.0%** | **Restaurants 0.0%** |
| 1011778 BC ULC/New Red Finance, Inc.<sup>(a)</sup>  | 1011778 BC ULC/New Red Finance, Inc.<sup>(a)</sup>  | 1011778 BC ULC/New Red Finance, Inc.<sup>(a)</sup>  | 1011778 BC ULC/New Red Finance, Inc.<sup>(a)</sup>  |
| 01/15/2028 | &nbsp;&nbsp; 3.875% | 40000 | &nbsp;&nbsp; 39147 |
| 09/15/2029 | &nbsp;&nbsp; 5.625% | 31000 | &nbsp;&nbsp; 31170 |
| 10/15/2030 | &nbsp;&nbsp; 4.000% | 55000 | &nbsp;&nbsp; 51672 |
| Fertitta Entertainment LLC/Finance Co., Inc.<sup>(a)</sup>  | Fertitta Entertainment LLC/Finance Co., Inc.<sup>(a)</sup>  | Fertitta Entertainment LLC/Finance Co., Inc.<sup>(a)</sup>  | Fertitta Entertainment LLC/Finance Co., Inc.<sup>(a)</sup>  |
| 01/15/2030 | &nbsp;&nbsp; 6.750% | 82000 | &nbsp;&nbsp; 76611 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **198600** |
| **Retailers 0.2%** | **Retailers 0.2%** | **Retailers 0.2%** | **Retailers 0.2%** |
| Advance Auto Parts, Inc.<sup>(a)</sup>  | Advance Auto Parts, Inc.<sup>(a)</sup>  | Advance Auto Parts, Inc.<sup>(a)</sup>  | Advance Auto Parts, Inc.<sup>(a)</sup>  |
| 08/01/2030 | &nbsp;&nbsp; 7.000% | 39000 | &nbsp;&nbsp; 39490 |
| 08/01/2033 | &nbsp;&nbsp; 7.375% | 40000 | &nbsp;&nbsp; 40422 |
| Amazon.com, Inc. | Amazon.com, Inc. | Amazon.com, Inc. | Amazon.com, Inc. |
| 03/13/2036 | &nbsp;&nbsp; 4.875% | 884000 | &nbsp;&nbsp; 875764 |
| 03/13/2046 | &nbsp;&nbsp; 5.650% | 610000 | &nbsp;&nbsp; 608001 |
| Asbury Automotive Group, Inc.<sup>(a)</sup>  | Asbury Automotive Group, Inc.<sup>(a)</sup>  | Asbury Automotive Group, Inc.<sup>(a)</sup>  | Asbury Automotive Group, Inc.<sup>(a)</sup>  |
| 11/15/2029 | &nbsp;&nbsp; 4.625% | 54000 | &nbsp;&nbsp; 52168 |
| Beach Acquisition Bidco LLC<sup>(a),(d)</sup>  | Beach Acquisition Bidco LLC<sup>(a),(d)</sup>  | Beach Acquisition Bidco LLC<sup>(a),(d)</sup>  | Beach Acquisition Bidco LLC<sup>(a),(d)</sup>  |
| 07/15/2033 | &nbsp;&nbsp; 10.000% | 121729 | &nbsp;&nbsp; 129400 |
| Belron UK Finance PLC<sup>(a)</sup>  | Belron UK Finance PLC<sup>(a)</sup>  | Belron UK Finance PLC<sup>(a)</sup>  | Belron UK Finance PLC<sup>(a)</sup>  |
| 10/15/2029 | &nbsp;&nbsp; 5.750% | 15000 | &nbsp;&nbsp; 15077 |
| Group 1 Automotive, Inc.<sup>(a)</sup>  | Group 1 Automotive, Inc.<sup>(a)</sup>  | Group 1 Automotive, Inc.<sup>(a)</sup>  | Group 1 Automotive, Inc.<sup>(a)</sup>  |
| 01/15/2030 | &nbsp;&nbsp; 6.375% | 52000 | &nbsp;&nbsp; 52461 |
| LCM Investments Holdings II LLC<sup>(a)</sup>  | LCM Investments Holdings II LLC<sup>(a)</sup>  | LCM Investments Holdings II LLC<sup>(a)</sup>  | LCM Investments Holdings II LLC<sup>(a)</sup>  |
| 08/01/2031 | &nbsp;&nbsp; 8.250% | 89000 | &nbsp;&nbsp; 92352 |
| Lithia Motors, Inc.<sup>(a)</sup>  | Lithia Motors, Inc.<sup>(a)</sup>  | Lithia Motors, Inc.<sup>(a)</sup>  | Lithia Motors, Inc.<sup>(a)</sup>  |
| 01/15/2031 | &nbsp;&nbsp; 4.375% | 20000 | &nbsp;&nbsp; 18756 |
| Lowe's Companies, Inc. | Lowe's Companies, Inc. | Lowe's Companies, Inc. | Lowe's Companies, Inc. |
| 04/01/2052 | &nbsp;&nbsp; 4.250% | 378000 | &nbsp;&nbsp; 289499 |
| 04/01/2062 | &nbsp;&nbsp; 4.450% | 590000 | &nbsp;&nbsp; 446378 |
| Walmart, Inc. | Walmart, Inc. | Walmart, Inc. | Walmart, Inc. |
| 04/28/2035 | &nbsp;&nbsp; 4.900% | 641000 | &nbsp;&nbsp; 649486 |
| Wolverine World Wide, Inc.<sup>(a)</sup>  | Wolverine World Wide, Inc.<sup>(a)</sup>  | Wolverine World Wide, Inc.<sup>(a)</sup>  | Wolverine World Wide, Inc.<sup>(a)</sup>  |
| 08/15/2029 | &nbsp;&nbsp; 4.000% | 71000 | &nbsp;&nbsp; 65730 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **3374984** |
| **Supermarkets 0.0%** | **Supermarkets 0.0%** | **Supermarkets 0.0%** | **Supermarkets 0.0%** |
| Albertsons Companies LLC/Safeway, Inc./New Albertsons LP/Albertsons LLC<sup>(a)</sup>  | Albertsons Companies LLC/Safeway, Inc./New Albertsons LP/Albertsons LLC<sup>(a)</sup>  | Albertsons Companies LLC/Safeway, Inc./New Albertsons LP/Albertsons LLC<sup>(a)</sup>  | Albertsons Companies LLC/Safeway, Inc./New Albertsons LP/Albertsons LLC<sup>(a)</sup>  |
| 03/15/2029 | &nbsp;&nbsp; 3.500% | 23000 | &nbsp;&nbsp; 21934 |
| Albertsons Cos, Inc.<sup>(a)</sup>  | Albertsons Cos, Inc.<sup>(a)</sup>  | Albertsons Cos, Inc.<sup>(a)</sup>  | Albertsons Cos, Inc.<sup>(a)</sup>  |
| 03/31/2032 | &nbsp;&nbsp; 5.625% | 67000 | &nbsp;&nbsp; 65927 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **87861** |
| **Technology 0.7%** | **Technology 0.7%** | **Technology 0.7%** | **Technology 0.7%** |
| Alphabet, Inc. | Alphabet, Inc. | Alphabet, Inc. | Alphabet, Inc. |
| 02/15/2046 | &nbsp;&nbsp; 5.500% | 940000 | &nbsp;&nbsp; 932472 |

---

Columbia Variable Portfolio – Balanced Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Balanced Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Amentum Escrow Corp.<sup>(a)</sup>  | Amentum Escrow Corp.<sup>(a)</sup>  | Amentum Escrow Corp.<sup>(a)</sup>  | Amentum Escrow Corp.<sup>(a)</sup>  |
| 08/01/2032 | &nbsp;&nbsp; 7.250% | 89000 | &nbsp;&nbsp; 92152 |
| APLD ComputeCo 2 LLC<sup>(a)</sup>  | APLD ComputeCo 2 LLC<sup>(a)</sup>  | APLD ComputeCo 2 LLC<sup>(a)</sup>  | APLD ComputeCo 2 LLC<sup>(a)</sup>  |
| 03/15/2031 | &nbsp;&nbsp; 6.750% | 107000 | &nbsp;&nbsp; 106393 |
| APLD ComputeCo LLC<sup>(a)</sup>  | APLD ComputeCo LLC<sup>(a)</sup>  | APLD ComputeCo LLC<sup>(a)</sup>  | APLD ComputeCo LLC<sup>(a)</sup>  |
| 12/15/2030 | &nbsp;&nbsp; 9.250% | 120000 | &nbsp;&nbsp; 123648 |
| Black Pearl Compute LLC<sup>(a)</sup>  | Black Pearl Compute LLC<sup>(a)</sup>  | Black Pearl Compute LLC<sup>(a)</sup>  | Black Pearl Compute LLC<sup>(a)</sup>  |
| 02/15/2031 | &nbsp;&nbsp; 6.125% | 65000 | &nbsp;&nbsp; 66190 |
| Block, Inc.<sup>(a)</sup>  | Block, Inc.<sup>(a)</sup>  | Block, Inc.<sup>(a)</sup>  | Block, Inc.<sup>(a)</sup>  |
| 08/15/2030 | &nbsp;&nbsp; 5.625% | 32000 | &nbsp;&nbsp; 31827 |
| 08/15/2033 | &nbsp;&nbsp; 6.000% | 25000 | &nbsp;&nbsp; 24591 |
| Block, Inc. | Block, Inc. | Block, Inc. | Block, Inc. |
| 05/15/2032 | &nbsp;&nbsp; 6.500% | 69000 | &nbsp;&nbsp; 69387 |
| Broadcom, Inc. | Broadcom, Inc. | Broadcom, Inc. | Broadcom, Inc. |
| 04/15/2028 | &nbsp;&nbsp; 4.800% | 808000 | &nbsp;&nbsp; 817219 |
| Broadcom, Inc.<sup>(a)</sup>  | Broadcom, Inc.<sup>(a)</sup>  | Broadcom, Inc.<sup>(a)</sup>  | Broadcom, Inc.<sup>(a)</sup>  |
| 11/15/2036 | &nbsp;&nbsp; 3.187% | 1774000 | &nbsp;&nbsp; 1482676 |
| CACI International, Inc.<sup>(a)</sup>  | CACI International, Inc.<sup>(a)</sup>  | CACI International, Inc.<sup>(a)</sup>  | CACI International, Inc.<sup>(a)</sup>  |
| 06/15/2033 | &nbsp;&nbsp; 6.375% | 63000 | &nbsp;&nbsp; 64079 |
| Central Parent LLC/CDK Global II LLC/Financing, Co., Inc.<sup>(a)</sup>  | Central Parent LLC/CDK Global II LLC/Financing, Co., Inc.<sup>(a)</sup>  | Central Parent LLC/CDK Global II LLC/Financing, Co., Inc.<sup>(a)</sup>  | Central Parent LLC/CDK Global II LLC/Financing, Co., Inc.<sup>(a)</sup>  |
| 06/15/2029 | &nbsp;&nbsp; 8.000% | 14000 | &nbsp;&nbsp; 10413 |
| Central Parent, Inc./CDK Global, Inc.<sup>(a)</sup>  | Central Parent, Inc./CDK Global, Inc.<sup>(a)</sup>  | Central Parent, Inc./CDK Global, Inc.<sup>(a)</sup>  | Central Parent, Inc./CDK Global, Inc.<sup>(a)</sup>  |
| 06/15/2029 | &nbsp;&nbsp; 7.250% | 11000 | &nbsp;&nbsp; 7887 |
| Cipher Compute LLC<sup>(a)</sup>  | Cipher Compute LLC<sup>(a)</sup>  | Cipher Compute LLC<sup>(a)</sup>  | Cipher Compute LLC<sup>(a)</sup>  |
| 11/15/2030 | &nbsp;&nbsp; 7.125% | 27000 | &nbsp;&nbsp; 27982 |
| Clarivate Science Holdings Corp.<sup>(a)</sup>  | Clarivate Science Holdings Corp.<sup>(a)</sup>  | Clarivate Science Holdings Corp.<sup>(a)</sup>  | Clarivate Science Holdings Corp.<sup>(a)</sup>  |
| 07/01/2029 | &nbsp;&nbsp; 4.875% | 156000 | &nbsp;&nbsp; 134304 |
| Cloud Software Group, Inc.<sup>(a)</sup>  | Cloud Software Group, Inc.<sup>(a)</sup>  | Cloud Software Group, Inc.<sup>(a)</sup>  | Cloud Software Group, Inc.<sup>(a)</sup>  |
| 09/30/2029 | &nbsp;&nbsp; 9.000% | 171000 | &nbsp;&nbsp; 164976 |
| 06/30/2032 | &nbsp;&nbsp; 8.250% | 39000 | &nbsp;&nbsp; 37064 |
| Condor Merger Sub, Inc.<sup>(a)</sup>  | Condor Merger Sub, Inc.<sup>(a)</sup>  | Condor Merger Sub, Inc.<sup>(a)</sup>  | Condor Merger Sub, Inc.<sup>(a)</sup>  |
| 02/15/2030 | &nbsp;&nbsp; 7.375% | 176000 | &nbsp;&nbsp; 145184 |
| CoreWeave, Inc.<sup>(a)</sup>  | CoreWeave, Inc.<sup>(a)</sup>  | CoreWeave, Inc.<sup>(a)</sup>  | CoreWeave, Inc.<sup>(a)</sup>  |
| 06/01/2030 | &nbsp;&nbsp; 9.250% | 30000 | &nbsp;&nbsp; 29177 |
| 02/01/2031 | &nbsp;&nbsp; 9.000% | 55000 | &nbsp;&nbsp; 52309 |
| Entegris Escrow Corp.<sup>(a)</sup>  | Entegris Escrow Corp.<sup>(a)</sup>  | Entegris Escrow Corp.<sup>(a)</sup>  | Entegris Escrow Corp.<sup>(a)</sup>  |
| 06/15/2030 | &nbsp;&nbsp; 5.950% | 81000 | &nbsp;&nbsp; 81712 |
| Entegris, Inc.<sup>(a)</sup>  | Entegris, Inc.<sup>(a)</sup>  | Entegris, Inc.<sup>(a)</sup>  | Entegris, Inc.<sup>(a)</sup>  |
| 05/01/2029 | &nbsp;&nbsp; 3.625% | 39000 | &nbsp;&nbsp; 37107 |
| Fair Isaac Corp.<sup>(a)</sup>  | Fair Isaac Corp.<sup>(a)</sup>  | Fair Isaac Corp.<sup>(a)</sup>  | Fair Isaac Corp.<sup>(a)</sup>  |
| 05/15/2033 | &nbsp;&nbsp; 6.000% | 20000 | &nbsp;&nbsp; 19623 |
| Fidelity National Information Services, Inc. | Fidelity National Information Services, Inc. | Fidelity National Information Services, Inc. | Fidelity National Information Services, Inc. |
| 03/10/2028 | &nbsp;&nbsp; 4.450% | 274000 | &nbsp;&nbsp; 273201 |
| Flash Compute LLC<sup>(a)</sup>  | Flash Compute LLC<sup>(a)</sup>  | Flash Compute LLC<sup>(a)</sup>  | Flash Compute LLC<sup>(a)</sup>  |
| 12/31/2030 | &nbsp;&nbsp; 7.250% | 39000 | &nbsp;&nbsp; 39338 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| HealthEquity, Inc.<sup>(a)</sup>  | HealthEquity, Inc.<sup>(a)</sup>  | HealthEquity, Inc.<sup>(a)</sup>  | HealthEquity, Inc.<sup>(a)</sup>  |
| 10/01/2029 | &nbsp;&nbsp; 4.500% | 67000 | &nbsp;&nbsp; 64817 |
| Intel Corp. | Intel Corp. | Intel Corp. | Intel Corp. |
| 03/25/2050 | &nbsp;&nbsp; 4.750% | 675000 | &nbsp;&nbsp; 545290 |
| International Business Machines Corp. | International Business Machines Corp. | International Business Machines Corp. | International Business Machines Corp. |
| 05/15/2026 | &nbsp;&nbsp; 3.300% | 1695000 | &nbsp;&nbsp; 1692751 |
| ION Platform Finance US, Inc.<sup>(a)</sup>  | ION Platform Finance US, Inc.<sup>(a)</sup>  | ION Platform Finance US, Inc.<sup>(a)</sup>  | ION Platform Finance US, Inc.<sup>(a)</sup>  |
| 09/30/2032 | &nbsp;&nbsp; 7.875% | 63000 | &nbsp;&nbsp; 48802 |
| ION Platform Finance US, Inc./SARL<sup>(a)</sup>  | ION Platform Finance US, Inc./SARL<sup>(a)</sup>  | ION Platform Finance US, Inc./SARL<sup>(a)</sup>  | ION Platform Finance US, Inc./SARL<sup>(a)</sup>  |
| 05/15/2028 | &nbsp;&nbsp; 5.750% | 72000 | &nbsp;&nbsp; 67857 |
| 05/30/2029 | &nbsp;&nbsp; 9.500% | 200000 | &nbsp;&nbsp; 187949 |
| Iron Mountain, Inc.<sup>(a)</sup>  | Iron Mountain, Inc.<sup>(a)</sup>  | Iron Mountain, Inc.<sup>(a)</sup>  | Iron Mountain, Inc.<sup>(a)</sup>  |
| 09/15/2027 | &nbsp;&nbsp; 4.875% | 14000 | &nbsp;&nbsp; 13976 |
| 07/15/2028 | &nbsp;&nbsp; 5.000% | 133000 | &nbsp;&nbsp; 131604 |
| 02/15/2029 | &nbsp;&nbsp; 7.000% | 17000 | &nbsp;&nbsp; 17334 |
| 01/15/2033 | &nbsp;&nbsp; 6.250% | 15000 | &nbsp;&nbsp; 14962 |
| Minerva Merger Sub, Inc.<sup>(a)</sup>  | Minerva Merger Sub, Inc.<sup>(a)</sup>  | Minerva Merger Sub, Inc.<sup>(a)</sup>  | Minerva Merger Sub, Inc.<sup>(a)</sup>  |
| 02/15/2030 | &nbsp;&nbsp; 6.500% | 113000 | &nbsp;&nbsp; 105555 |
| NCR Atleos Escrow Corp.<sup>(a)</sup>  | NCR Atleos Escrow Corp.<sup>(a)</sup>  | NCR Atleos Escrow Corp.<sup>(a)</sup>  | NCR Atleos Escrow Corp.<sup>(a)</sup>  |
| 04/01/2029 | &nbsp;&nbsp; 9.500% | 85000 | &nbsp;&nbsp; 90981 |
| NCR Corp.<sup>(a)</sup>  | NCR Corp.<sup>(a)</sup>  | NCR Corp.<sup>(a)</sup>  | NCR Corp.<sup>(a)</sup>  |
| 10/01/2028 | &nbsp;&nbsp; 5.000% | 94000 | &nbsp;&nbsp; 90570 |
| 04/15/2029 | &nbsp;&nbsp; 5.125% | 28000 | &nbsp;&nbsp; 26829 |
| Neptune Bidco US, Inc.<sup>(a)</sup>  | Neptune Bidco US, Inc.<sup>(a)</sup>  | Neptune Bidco US, Inc.<sup>(a)</sup>  | Neptune Bidco US, Inc.<sup>(a)</sup>  |
| 04/15/2029 | &nbsp;&nbsp; 9.290% | 82000 | &nbsp;&nbsp; 82303 |
| 05/15/2031 | &nbsp;&nbsp; 10.375% | 17000 | &nbsp;&nbsp; 17192 |
| 02/15/2033 | &nbsp;&nbsp; 9.500% | 17000 | &nbsp;&nbsp; 16559 |
| NXP BV/Funding LLC/USA, Inc. | NXP BV/Funding LLC/USA, Inc. | NXP BV/Funding LLC/USA, Inc. | NXP BV/Funding LLC/USA, Inc. |
| 05/01/2030 | &nbsp;&nbsp; 3.400% | 585000 | &nbsp;&nbsp; 557585 |
| 05/11/2031 | &nbsp;&nbsp; 2.500% | 809000 | &nbsp;&nbsp; 726484 |
| Oracle Corp. | Oracle Corp. | Oracle Corp. | Oracle Corp. |
| 09/26/2065 | &nbsp;&nbsp; 6.100% | 2031000 | &nbsp;&nbsp; 1683409 |
| Picard Midco, Inc.<sup>(a)</sup>  | Picard Midco, Inc.<sup>(a)</sup>  | Picard Midco, Inc.<sup>(a)</sup>  | Picard Midco, Inc.<sup>(a)</sup>  |
| 03/31/2029 | &nbsp;&nbsp; 6.500% | 84000 | &nbsp;&nbsp; 81739 |
| Sabre GLBL, Inc.<sup>(a)</sup>  | Sabre GLBL, Inc.<sup>(a)</sup>  | Sabre GLBL, Inc.<sup>(a)</sup>  | Sabre GLBL, Inc.<sup>(a)</sup>  |
| 11/15/2029 | &nbsp;&nbsp; 10.750% | 2000 | &nbsp;&nbsp; 1711 |
| 03/15/2030 | &nbsp;&nbsp; 10.750% | 10000 | &nbsp;&nbsp; 8305 |
| 07/15/2030 | &nbsp;&nbsp; 11.125% | 14000 | &nbsp;&nbsp; 11865 |
| Science Applications International Corp.<sup>(a)</sup>  | Science Applications International Corp.<sup>(a)</sup>  | Science Applications International Corp.<sup>(a)</sup>  | Science Applications International Corp.<sup>(a)</sup>  |
| 11/01/2033 | &nbsp;&nbsp; 5.875% | 81000 | &nbsp;&nbsp; 79225 |
| Seagate Data Storage Technology Pte Ltd.<sup>(a)</sup>  | Seagate Data Storage Technology Pte Ltd.<sup>(a)</sup>  | Seagate Data Storage Technology Pte Ltd.<sup>(a)</sup>  | Seagate Data Storage Technology Pte Ltd.<sup>(a)</sup>  |
| 12/15/2029 | &nbsp;&nbsp; 8.250% | 19000 | &nbsp;&nbsp; 19965 |
| 07/15/2031 | &nbsp;&nbsp; 8.500% | 12000 | &nbsp;&nbsp; 12581 |
| Sensata Technologies BV<sup>(a)</sup>  | Sensata Technologies BV<sup>(a)</sup>  | Sensata Technologies BV<sup>(a)</sup>  | Sensata Technologies BV<sup>(a)</sup>  |
| 09/01/2030 | &nbsp;&nbsp; 5.875% | 43000 | &nbsp;&nbsp; 43037 |
| Shift4 Payments LLC/Finance Sub, Inc.<sup>(a)</sup>  | Shift4 Payments LLC/Finance Sub, Inc.<sup>(a)</sup>  | Shift4 Payments LLC/Finance Sub, Inc.<sup>(a)</sup>  | Shift4 Payments LLC/Finance Sub, Inc.<sup>(a)</sup>  |
| 08/15/2032 | &nbsp;&nbsp; 6.750% | 85000 | &nbsp;&nbsp; 83649 |

---

Columbia Variable Portfolio – Balanced Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Balanced Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| SV RNO Property Owner 1 LLC<sup>(a)</sup>  | SV RNO Property Owner 1 LLC<sup>(a)</sup>  | SV RNO Property Owner 1 LLC<sup>(a)</sup>  | SV RNO Property Owner 1 LLC<sup>(a)</sup>  |
| 03/01/2031 | &nbsp;&nbsp; 5.875% | 146000 | &nbsp;&nbsp; 144682 |
| Synaptics, Inc.<sup>(a)</sup>  | Synaptics, Inc.<sup>(a)</sup>  | Synaptics, Inc.<sup>(a)</sup>  | Synaptics, Inc.<sup>(a)</sup>  |
| 06/15/2029 | &nbsp;&nbsp; 4.000% | 16000 | &nbsp;&nbsp; 15157 |
| UKG, Inc.<sup>(a)</sup>  | UKG, Inc.<sup>(a)</sup>  | UKG, Inc.<sup>(a)</sup>  | UKG, Inc.<sup>(a)</sup>  |
| 02/01/2031 | &nbsp;&nbsp; 6.875% | 68000 | &nbsp;&nbsp; 66664 |
| WEX, Inc.<sup>(a)</sup>  | WEX, Inc.<sup>(a)</sup>  | WEX, Inc.<sup>(a)</sup>  | WEX, Inc.<sup>(a)</sup>  |
| 03/15/2033 | &nbsp;&nbsp; 6.500% | 103000 | &nbsp;&nbsp; 100851 |
| WULF Compute LLC<sup>(a)</sup>  | WULF Compute LLC<sup>(a)</sup>  | WULF Compute LLC<sup>(a)</sup>  | WULF Compute LLC<sup>(a)</sup>  |
| 10/15/2030 | &nbsp;&nbsp; 7.750% | 37000 | &nbsp;&nbsp; 39099 |
| ZoomInfo Technologies LLC/Finance Corp.<sup>(a)</sup>  | ZoomInfo Technologies LLC/Finance Corp.<sup>(a)</sup>  | ZoomInfo Technologies LLC/Finance Corp.<sup>(a)</sup>  | ZoomInfo Technologies LLC/Finance Corp.<sup>(a)</sup>  |
| 02/01/2029 | &nbsp;&nbsp; 3.875% | 79000 | &nbsp;&nbsp; 65703 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **11827953** |
| **Transportation Services 0.1%** | **Transportation Services 0.1%** | **Transportation Services 0.1%** | **Transportation Services 0.1%** |
| Avis Budget Car Rental LLC/Finance, Inc.<sup>(a)</sup>  | Avis Budget Car Rental LLC/Finance, Inc.<sup>(a)</sup>  | Avis Budget Car Rental LLC/Finance, Inc.<sup>(a)</sup>  | Avis Budget Car Rental LLC/Finance, Inc.<sup>(a)</sup>  |
| 01/15/2030 | &nbsp;&nbsp; 8.250% | 53000 | &nbsp;&nbsp; 53343 |
| 02/15/2031 | &nbsp;&nbsp; 8.000% | 34000 | &nbsp;&nbsp; 33150 |
| 06/15/2032 | &nbsp;&nbsp; 8.375% | 33000 | &nbsp;&nbsp; 32868 |
| ERAC USA Finance LLC<sup>(a)</sup>  | ERAC USA Finance LLC<sup>(a)</sup>  | ERAC USA Finance LLC<sup>(a)</sup>  | ERAC USA Finance LLC<sup>(a)</sup>  |
| 10/15/2037 | &nbsp;&nbsp; 7.000% | 725000 | &nbsp;&nbsp; 826664 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **946025** |
| **Wireless 0.0%** | **Wireless 0.0%** | **Wireless 0.0%** | **Wireless 0.0%** |
| Vmed O2 UK Financing I PLC<sup>(a)</sup>  | Vmed O2 UK Financing I PLC<sup>(a)</sup>  | Vmed O2 UK Financing I PLC<sup>(a)</sup>  | Vmed O2 UK Financing I PLC<sup>(a)</sup>  |
| 07/15/2031 | &nbsp;&nbsp; 4.750% | 63000 | &nbsp;&nbsp; 54198 |
| **Wirelines 0.0%** | **Wirelines 0.0%** | **Wirelines 0.0%** | **Wirelines 0.0%** |
| Fibercop SpA<sup>(a)</sup>  | Fibercop SpA<sup>(a)</sup>  | Fibercop SpA<sup>(a)</sup>  | Fibercop SpA<sup>(a)</sup>  |
| 07/18/2036 | &nbsp;&nbsp; 7.200% | 11000 | &nbsp;&nbsp; 10955 |
| Iliad Holding SAS<sup>(a)</sup>  | Iliad Holding SAS<sup>(a)</sup>  | Iliad Holding SAS<sup>(a)</sup>  | Iliad Holding SAS<sup>(a)</sup>  |
| 10/15/2028 | &nbsp;&nbsp; 7.000% | 68000 | &nbsp;&nbsp; 68415 |
| Iliad Holding SASU<sup>(a)</sup>  | Iliad Holding SASU<sup>(a)</sup>  | Iliad Holding SASU<sup>(a)</sup>  | Iliad Holding SASU<sup>(a)</sup>  |
| 04/15/2032 | &nbsp;&nbsp; 7.000% | 32000 | &nbsp;&nbsp; 32066 |
| Level 3 Financing, Inc.<sup>(a)</sup>  | Level 3 Financing, Inc.<sup>(a)</sup>  | Level 3 Financing, Inc.<sup>(a)</sup>  | Level 3 Financing, Inc.<sup>(a)</sup>  |
| 01/15/2036 | &nbsp;&nbsp; 8.500% | 53000 | &nbsp;&nbsp; 55288 |
| Optics Bidco SpA<sup>(a)</sup>  | Optics Bidco SpA<sup>(a)</sup>  | Optics Bidco SpA<sup>(a)</sup>  | Optics Bidco SpA<sup>(a)</sup>  |
| 06/04/2038 | &nbsp;&nbsp; 7.721% | 9000 | &nbsp;&nbsp; 9009 |
| Uniti Group LP/Fiber Holdings, Inc./CSL Capital LLC<sup>(a)</sup>  | Uniti Group LP/Fiber Holdings, Inc./CSL Capital LLC<sup>(a)</sup>  | Uniti Group LP/Fiber Holdings, Inc./CSL Capital LLC<sup>(a)</sup>  | Uniti Group LP/Fiber Holdings, Inc./CSL Capital LLC<sup>(a)</sup>  |
| 01/15/2030 | &nbsp;&nbsp; 6.000% | 10000 | &nbsp;&nbsp; 9433 |
| Uniti Group LP/Finance 2019, Inc./CSL Capital LLC<sup>(a)</sup>  | Uniti Group LP/Finance 2019, Inc./CSL Capital LLC<sup>(a)</sup>  | Uniti Group LP/Finance 2019, Inc./CSL Capital LLC<sup>(a)</sup>  | Uniti Group LP/Finance 2019, Inc./CSL Capital LLC<sup>(a)</sup>  |
| 06/15/2032 | &nbsp;&nbsp; 8.625% | 26000 | &nbsp;&nbsp; 26444 |
| Windstream Escrow LLC/Finance Corp.<sup>(a)</sup>  | Windstream Escrow LLC/Finance Corp.<sup>(a)</sup>  | Windstream Escrow LLC/Finance Corp.<sup>(a)</sup>  | Windstream Escrow LLC/Finance Corp.<sup>(a)</sup>  |
| 10/01/2031 | &nbsp;&nbsp; 8.250% | 52000 | &nbsp;&nbsp; 54467 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** | **Corporate Bonds & Notes (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount** <br> **($)**<br>| **Value ($)** |
| Windstream Services LLC<sup>(a)</sup>  | Windstream Services LLC<sup>(a)</sup>  | Windstream Services LLC<sup>(a)</sup>  | Windstream Services LLC<sup>(a)</sup>  |
| 10/15/2033 | &nbsp;&nbsp; 7.500% | 29000 | &nbsp;&nbsp; 30140 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **296217** |
| &nbsp;&nbsp; Total Corporate Bonds & Notes <br>(Cost $143,329,663) | &nbsp;&nbsp; Total Corporate Bonds & Notes <br>(Cost $143,329,663) | &nbsp;&nbsp; Total Corporate Bonds & Notes <br>(Cost $143,329,663) | &nbsp;&nbsp; **143478022** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Exchange-Traded Equity Funds 2.8%** | **Exchange-Traded Equity Funds 2.8%** | **Exchange-Traded Equity Funds 2.8%** |
|  | **Shares** | **Value ($)** |
| **U.S. Mid Large Cap 2.8%** | **U.S. Mid Large Cap 2.8%** | **U.S. Mid Large Cap 2.8%** |
| iShares Core MSCI EAFE ETF | &nbsp;&nbsp; 501396 | &nbsp;&nbsp; 45391380 |
| &nbsp;&nbsp; Total Exchange-Traded Equity Funds <br>(Cost $37,768,901) | &nbsp;&nbsp; Total Exchange-Traded Equity Funds <br>(Cost $37,768,901) | &nbsp;&nbsp; **45391380** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
| **Foreign Government Obligations**<sup>(h)</sup> **0.0%** | **Foreign Government Obligations**<sup>(h)</sup> **0.0%** | **Foreign Government Obligations**<sup>(h)</sup> **0.0%** | **Foreign Government Obligations**<sup>(h)</sup> **0.0%** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| **Canada 0.0%** | **Canada 0.0%** | **Canada 0.0%** | **Canada 0.0%** |
| NOVA Chemicals Corp.<sup>(a)</sup>  | NOVA Chemicals Corp.<sup>(a)</sup>  | NOVA Chemicals Corp.<sup>(a)</sup>  | NOVA Chemicals Corp.<sup>(a)</sup>  |
| 11/15/2028 | &nbsp;&nbsp; 8.500% | 12000 | &nbsp;&nbsp; 12491 |
| 02/15/2030 | &nbsp;&nbsp; 9.000% | 76000 | &nbsp;&nbsp; 80261 |
| 12/01/2031 | &nbsp;&nbsp; 7.000% | 13000 | &nbsp;&nbsp; 13744 |
| **Total** | **Total** | **Total** | &nbsp;&nbsp; **106496** |
| &nbsp;&nbsp; Total Foreign Government Obligations <br>(Cost $101,449) | &nbsp;&nbsp; Total Foreign Government Obligations <br>(Cost $101,449) | &nbsp;&nbsp; Total Foreign Government Obligations <br>(Cost $101,449) | &nbsp;&nbsp; **106496** |
| **Residential Mortgage-Backed Securities - Agency 13.7%** | **Residential Mortgage-Backed Securities - Agency 13.7%** | **Residential Mortgage-Backed Securities - Agency 13.7%** | **Residential Mortgage-Backed Securities - Agency 13.7%** |
| Fannie Mae REMICS<sup>(b),(i)</sup>  | Fannie Mae REMICS<sup>(b),(i)</sup>  | Fannie Mae REMICS<sup>(b),(i)</sup>  | Fannie Mae REMICS<sup>(b),(i)</sup>  |
| CMO Series 2024-6 Class AS | CMO Series 2024-6 Class AS | CMO Series 2024-6 Class AS | CMO Series 2024-6 Class AS |
| &nbsp;&nbsp; 30-day Average SOFR + 5.936% <br>Cap 6.050% <br>09/25/2049<br>| &nbsp;&nbsp; 2.274% | 5026192 | &nbsp;&nbsp; 477933 |
| CMO Series 2025-87 Class SA | CMO Series 2025-87 Class SA | CMO Series 2025-87 Class SA | CMO Series 2025-87 Class SA |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 5.900% <br>Cap 5.900% <br>10/25/2055<br>| &nbsp;&nbsp; 2.238% | 7735113 | &nbsp;&nbsp; 675029 |
| Fannie Mae REMICS<sup>(b)</sup>  | Fannie Mae REMICS<sup>(b)</sup>  | Fannie Mae REMICS<sup>(b)</sup>  | Fannie Mae REMICS<sup>(b)</sup>  |
| CMO Series 2024-87 Class FA | CMO Series 2024-87 Class FA | CMO Series 2024-87 Class FA | CMO Series 2024-87 Class FA |
| &nbsp;&nbsp; 30-day Average SOFR + 1.400% <br>Floor 1.400%, Cap 6.500% <br>12/25/2054<br>| &nbsp;&nbsp; 5.062% | 2173999 | &nbsp;&nbsp; 2190921 |
| CMO Series 2025-10 Class FB | CMO Series 2025-10 Class FB | CMO Series 2025-10 Class FB | CMO Series 2025-10 Class FB |
| &nbsp;&nbsp; 30-day Average SOFR + 0.850% <br>Floor 0.850%, Cap 6.000% <br>02/25/2055<br>| &nbsp;&nbsp; 4.512% | 1981186 | &nbsp;&nbsp; 1961438 |

---

Columbia Variable Portfolio – Balanced Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Balanced Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| CMO Series 2025-15 Class ME | CMO Series 2025-15 Class ME | CMO Series 2025-15 Class ME | CMO Series 2025-15 Class ME |
| &nbsp;&nbsp; 30-day Average SOFR + 3.300% <br>Floor 3.300%, Cap 7.800% <br>04/25/2055<br>| &nbsp;&nbsp; 6.962% | 2554275 | &nbsp;&nbsp; 2529651 |
| CMO Series 2025-4 Class FA | CMO Series 2025-4 Class FA | CMO Series 2025-4 Class FA | CMO Series 2025-4 Class FA |
| &nbsp;&nbsp; 30-day Average SOFR + 1.200% <br>Floor 1.200%, Cap 7.000% <br>07/25/2054<br>| &nbsp;&nbsp; 4.862% | 2504881 | &nbsp;&nbsp; 2515764 |
| CMO Series 2025-6 Class LF | CMO Series 2025-6 Class LF | CMO Series 2025-6 Class LF | CMO Series 2025-6 Class LF |
| &nbsp;&nbsp; 30-day Average SOFR + 1.800% <br>Floor 1.800%, Cap 6.000% <br>02/25/2055<br>| &nbsp;&nbsp; 5.462% | 4304914 | &nbsp;&nbsp; 4353463 |
| CMO Series 2025-86 Class FH | CMO Series 2025-86 Class FH | CMO Series 2025-86 Class FH | CMO Series 2025-86 Class FH |
| &nbsp;&nbsp; 30-day Average SOFR + 0.850% <br>Floor 0.850%, Cap 6.000% <br>09/25/2055<br>| &nbsp;&nbsp; 4.512% | 5700307 | &nbsp;&nbsp; 5638001 |
| Federal Home Loan Mortgage Corp. | Federal Home Loan Mortgage Corp. | Federal Home Loan Mortgage Corp. | Federal Home Loan Mortgage Corp. |
| 04/01/2032 | &nbsp;&nbsp; 6.000% | 6673 | &nbsp;&nbsp; 6810 |
| 04/01/2032 | &nbsp;&nbsp; 7.000% | 6343 | &nbsp;&nbsp; 6668 |
| 07/01/2032 | &nbsp;&nbsp; 6.500% | 2310 | &nbsp;&nbsp; 2390 |
| 01/01/2033 | &nbsp;&nbsp; 3.000% | 304088 | &nbsp;&nbsp; 295218 |
| &nbsp;&nbsp; 12/01/2051- <br>06/01/2052<br>| &nbsp;&nbsp; 2.500% | 12340737 | &nbsp;&nbsp; 10441960 |
| 07/01/2052 | &nbsp;&nbsp; 3.500% | 3690646 | &nbsp;&nbsp; 3391236 |
| &nbsp;&nbsp; 07/01/2052- <br>01/01/2055<br>| &nbsp;&nbsp; 4.500% | 10978290 | &nbsp;&nbsp; 10665299 |
| &nbsp;&nbsp; 11/01/2052- <br>01/01/2054<br>| &nbsp;&nbsp; 4.000% | 19379513 | &nbsp;&nbsp; 18396701 |
| 12/01/2054 | &nbsp;&nbsp; 5.000% | 2902446 | &nbsp;&nbsp; 2892861 |
| &nbsp;&nbsp; 05/01/2055- <br>10/01/2055<br>| &nbsp;&nbsp; 5.500% | 7316187 | &nbsp;&nbsp; 7409755 |
| Federal Home Loan Mortgage Corp.<sup>(j)</sup>  | Federal Home Loan Mortgage Corp.<sup>(j)</sup>  | Federal Home Loan Mortgage Corp.<sup>(j)</sup>  | Federal Home Loan Mortgage Corp.<sup>(j)</sup>  |
| 05/01/2032 | &nbsp;&nbsp; 6.500% | 64227 | &nbsp;&nbsp; 66472 |
| 06/01/2037 | &nbsp;&nbsp; 6.000% | 20777 | &nbsp;&nbsp; 21561 |
| 02/01/2038 | &nbsp;&nbsp; 5.500% | 107991 | &nbsp;&nbsp; 111234 |
| 07/01/2043 | &nbsp;&nbsp; 3.000% | 97477 | &nbsp;&nbsp; 89317 |
| Federal Home Loan Mortgage Corp.<sup>(b),(i)</sup>  | Federal Home Loan Mortgage Corp.<sup>(b),(i)</sup>  | Federal Home Loan Mortgage Corp.<sup>(b),(i)</sup>  | Federal Home Loan Mortgage Corp.<sup>(b),(i)</sup>  |
| CMO Series 326 Class S2 | CMO Series 326 Class S2 | CMO Series 326 Class S2 | CMO Series 326 Class S2 |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 5.836% <br>Cap 5.950% <br>03/15/2044<br>| &nbsp;&nbsp; 2.163% | 3554853 | &nbsp;&nbsp; 351579 |
| Federal Home Loan Mortgage Corp. REMICS<sup>(b),(i)</sup>  | Federal Home Loan Mortgage Corp. REMICS<sup>(b),(i)</sup>  | Federal Home Loan Mortgage Corp. REMICS<sup>(b),(i)</sup>  | Federal Home Loan Mortgage Corp. REMICS<sup>(b),(i)</sup>  |
| CMO Series 4906 Class QS | CMO Series 4906 Class QS | CMO Series 4906 Class QS | CMO Series 4906 Class QS |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 5.936% <br>Cap 6.050% <br>09/25/2049<br>| &nbsp;&nbsp; 2.274% | 2852838 | &nbsp;&nbsp; 316973 |
| CMO Series 5228 Class SA | CMO Series 5228 Class SA | CMO Series 5228 Class SA | CMO Series 5228 Class SA |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 5.886% <br>Cap 9,999.000% <br>01/25/2047<br>| &nbsp;&nbsp; 2.221% | 3096365 | &nbsp;&nbsp; 342393 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| CMO Series 5440 Class SM | CMO Series 5440 Class SM | CMO Series 5440 Class SM | CMO Series 5440 Class SM |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 5.900% <br>Cap 5.900% <br>07/25/2054<br>| &nbsp;&nbsp; 2.238% | 6440665 | &nbsp;&nbsp; 583308 |
| Federal National Mortgage Association | Federal National Mortgage Association | Federal National Mortgage Association | Federal National Mortgage Association |
| &nbsp;&nbsp; 10/01/2026- <br>04/01/2052<br>| &nbsp;&nbsp; 3.500% | 1413867 | &nbsp;&nbsp; 1300243 |
| &nbsp;&nbsp; 11/01/2026- <br>01/01/2029<br>| &nbsp;&nbsp; 4.000% | 16724 | &nbsp;&nbsp; 16644 |
| &nbsp;&nbsp; 08/01/2028- <br>09/01/2032<br>| &nbsp;&nbsp; 6.500% | 22190 | &nbsp;&nbsp; 23069 |
| &nbsp;&nbsp; 12/01/2028- <br>09/01/2054<br>| &nbsp;&nbsp; 6.000% | 10660040 | &nbsp;&nbsp; 10895069 |
| &nbsp;&nbsp; 07/01/2029- <br>12/01/2032<br>| &nbsp;&nbsp; 7.000% | 108876 | &nbsp;&nbsp; 114330 |
| &nbsp;&nbsp; 02/01/2038- <br>03/01/2054<br>| &nbsp;&nbsp; 5.500% | 4748570 | &nbsp;&nbsp; 4776818 |
| 08/01/2051 | &nbsp;&nbsp; 2.500% | 5247663 | &nbsp;&nbsp; 4468455 |
| &nbsp;&nbsp; 02/01/2052- <br>03/01/2052<br>| &nbsp;&nbsp; 2.000% | 9377213 | &nbsp;&nbsp; 7663657 |
| 04/01/2052 | &nbsp;&nbsp; 3.000% | 3768500 | &nbsp;&nbsp; 3316162 |
| &nbsp;&nbsp; 08/01/2053- <br>12/01/2054<br>| &nbsp;&nbsp; 5.000% | 18835040 | &nbsp;&nbsp; 18706392 |
| 12/01/2054 | &nbsp;&nbsp; 4.500% | 5399868 | &nbsp;&nbsp; 5234651 |
| Federal National Mortgage Association<sup>(j)</sup>  | Federal National Mortgage Association<sup>(j)</sup>  | Federal National Mortgage Association<sup>(j)</sup>  | Federal National Mortgage Association<sup>(j)</sup>  |
| 02/01/2031 | &nbsp;&nbsp; 3.500% | 42556 | &nbsp;&nbsp; 42071 |
| Federal National Mortgage Association REMICS<sup>(b),(i)</sup>  | Federal National Mortgage Association REMICS<sup>(b),(i)</sup>  | Federal National Mortgage Association REMICS<sup>(b),(i)</sup>  | Federal National Mortgage Association REMICS<sup>(b),(i)</sup>  |
| CMO Series 2017-76 Class SB | CMO Series 2017-76 Class SB | CMO Series 2017-76 Class SB | CMO Series 2017-76 Class SB |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 5.986% <br>Cap 6.100% <br>10/25/2057<br>| &nbsp;&nbsp; 2.324% | 2831974 | &nbsp;&nbsp; 350541 |
| CMO Series 2023-50 Class S | CMO Series 2023-50 Class S | CMO Series 2023-50 Class S | CMO Series 2023-50 Class S |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 5.886% <br>Cap 6.000% <br>07/25/2049<br>| &nbsp;&nbsp; 2.224% | 3225660 | &nbsp;&nbsp; 289513 |
| CMO Series 2024-74 Class SW | CMO Series 2024-74 Class SW | CMO Series 2024-74 Class SW | CMO Series 2024-74 Class SW |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 6.000% <br>Cap 6.000% <br>09/25/2054<br>| &nbsp;&nbsp; 2.338% | 4734858 | &nbsp;&nbsp; 411780 |
| Freddie Mac REMICS<sup>(b)</sup>  | Freddie Mac REMICS<sup>(b)</sup>  | Freddie Mac REMICS<sup>(b)</sup>  | Freddie Mac REMICS<sup>(b)</sup>  |
| CMO Series 5462 Class FA | CMO Series 5462 Class FA | CMO Series 5462 Class FA | CMO Series 5462 Class FA |
| &nbsp;&nbsp; 30-day Average SOFR + 1.100% <br>Floor 1.100%, Cap 6.500% <br>10/25/2054<br>| &nbsp;&nbsp; 4.762% | 3889964 | &nbsp;&nbsp; 3901309 |
| CMO Series 5500 Class FQ | CMO Series 5500 Class FQ | CMO Series 5500 Class FQ | CMO Series 5500 Class FQ |
| &nbsp;&nbsp; 30-day Average SOFR + 1.430% <br>Floor 1.430%, Cap 6.500% <br>10/25/2054<br>| &nbsp;&nbsp; 5.092% | 2651696 | &nbsp;&nbsp; 2676163 |

---

Columbia Variable Portfolio – Balanced Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Balanced Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| CMO Series 5513 Class MQ | CMO Series 5513 Class MQ | CMO Series 5513 Class MQ | CMO Series 5513 Class MQ |
| &nbsp;&nbsp; 30-day Average SOFR + 3.950% <br>Cap 8.250% <br>06/25/2054<br>| &nbsp;&nbsp; 7.612% | 2568071 | &nbsp;&nbsp; 2570681 |
| CMO Series 5513 Class MU | CMO Series 5513 Class MU | CMO Series 5513 Class MU | CMO Series 5513 Class MU |
| &nbsp;&nbsp; 30-day Average SOFR + 3.950% <br>Cap 8.250% <br>11/25/2054<br>| &nbsp;&nbsp; 7.612% | 5835868 | &nbsp;&nbsp; 5881958 |
| CMO Series 5518 Class FC | CMO Series 5518 Class FC | CMO Series 5518 Class FC | CMO Series 5518 Class FC |
| &nbsp;&nbsp; 30-day Average SOFR + 1.320% <br>Floor 1.320%, Cap 6.500% <br>03/25/2055<br>| &nbsp;&nbsp; 4.982% | 2606661 | &nbsp;&nbsp; 2623834 |
| CMO Series 5532 Class MB | CMO Series 5532 Class MB | CMO Series 5532 Class MB | CMO Series 5532 Class MB |
| &nbsp;&nbsp; 30-day Average SOFR + 3.950% <br>Cap 8.250% <br>04/25/2055<br>| &nbsp;&nbsp; 7.612% | 1444416 | &nbsp;&nbsp; 1444068 |
| CMO Series 5560 Class MB | CMO Series 5560 Class MB | CMO Series 5560 Class MB | CMO Series 5560 Class MB |
| &nbsp;&nbsp; 30-day Average SOFR + 4.600% <br>Cap 8.700% <br>06/25/2055<br>| &nbsp;&nbsp; 8.262% | 2710525 | &nbsp;&nbsp; 2732563 |
| Freddie Mac REMICS<sup>(b),(i)</sup>  | Freddie Mac REMICS<sup>(b),(i)</sup>  | Freddie Mac REMICS<sup>(b),(i)</sup>  | Freddie Mac REMICS<sup>(b),(i)</sup>  |
| CMO Series 5573 Class SA | CMO Series 5573 Class SA | CMO Series 5573 Class SA | CMO Series 5573 Class SA |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 5.150% <br>Cap 5.150% <br>09/25/2055<br>| &nbsp;&nbsp; 1.488% | 4835194 | &nbsp;&nbsp; 287147 |
| Government National Mortgage Association<sup>(b),(i)</sup>  | Government National Mortgage Association<sup>(b),(i)</sup>  | Government National Mortgage Association<sup>(b),(i)</sup>  | Government National Mortgage Association<sup>(b),(i)</sup>  |
| CMO Series 2019-22 Class SM | CMO Series 2019-22 Class SM | CMO Series 2019-22 Class SM | CMO Series 2019-22 Class SM |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 5.936% <br>Cap 6.050% <br>02/20/2049<br>| &nbsp;&nbsp; 2.261% | 3186823 | &nbsp;&nbsp; 359504 |
| CMO Series 2020-101 Class SK | CMO Series 2020-101 Class SK | CMO Series 2020-101 Class SK | CMO Series 2020-101 Class SK |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.086% <br>Cap 6.200% <br>07/20/2050<br>| &nbsp;&nbsp; 2.411% | 2397736 | &nbsp;&nbsp; 287555 |
| CMO Series 2020-77 Class KS | CMO Series 2020-77 Class KS | CMO Series 2020-77 Class KS | CMO Series 2020-77 Class KS |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 5.986% <br>Cap 6.100% <br>05/20/2049<br>| &nbsp;&nbsp; 2.311% | 3129259 | &nbsp;&nbsp; 392810 |
| CMO Series 2021-154 Class SD | CMO Series 2021-154 Class SD | CMO Series 2021-154 Class SD | CMO Series 2021-154 Class SD |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.186% <br>Cap 6.300% <br>09/20/2051<br>| &nbsp;&nbsp; 2.511% | 5783452 | &nbsp;&nbsp; 769047 |
| CMO Series 2021-55 Class SC | CMO Series 2021-55 Class SC | CMO Series 2021-55 Class SC | CMO Series 2021-55 Class SC |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.186% <br>Cap 6.300% <br>03/20/2051<br>| &nbsp;&nbsp; 2.511% | 2488704 | &nbsp;&nbsp; 320023 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| CMO Series 2021-58 Class SN | CMO Series 2021-58 Class SN | CMO Series 2021-58 Class SN | CMO Series 2021-58 Class SN |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.186% <br>Cap 6.300% <br>04/20/2051<br>| &nbsp;&nbsp; 2.511% | 2445895 | &nbsp;&nbsp; 280218 |
| CMO Series 2021-66 Class AS | CMO Series 2021-66 Class AS | CMO Series 2021-66 Class AS | CMO Series 2021-66 Class AS |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.186% <br>Cap 6.300% <br>04/20/2051<br>| &nbsp;&nbsp; 2.511% | 4607859 | &nbsp;&nbsp; 594325 |
| CMO Series 2021-74 Class SA | CMO Series 2021-74 Class SA | CMO Series 2021-74 Class SA | CMO Series 2021-74 Class SA |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.186% <br>Cap 6.300% <br>04/20/2051<br>| &nbsp;&nbsp; 2.511% | 2881289 | &nbsp;&nbsp; 371834 |
| CMO Series 2021-98 Class KS | CMO Series 2021-98 Class KS | CMO Series 2021-98 Class KS | CMO Series 2021-98 Class KS |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.186% <br>Cap 6.300% <br>06/20/2051<br>| &nbsp;&nbsp; 2.511% | 2297696 | &nbsp;&nbsp; 325248 |
| CMO Series 2024-126 Class SG | CMO Series 2024-126 Class SG | CMO Series 2024-126 Class SG | CMO Series 2024-126 Class SG |
| &nbsp;&nbsp; 30-day Average SOFR + 6.650% <br>Cap 6.650% <br>08/20/2054<br>| &nbsp;&nbsp; 2.977% | 6926895 | &nbsp;&nbsp; 772902 |
| CMO Series 2024-159 Class CS | CMO Series 2024-159 Class CS | CMO Series 2024-159 Class CS | CMO Series 2024-159 Class CS |
| &nbsp;&nbsp; 30-day Average SOFR + 5.500% <br>Cap 5.500% <br>10/20/2054<br>| &nbsp;&nbsp; 1.827% | 14482171 | &nbsp;&nbsp; 994492 |
| CMO Series 2024-184 Class SX | CMO Series 2024-184 Class SX | CMO Series 2024-184 Class SX | CMO Series 2024-184 Class SX |
| &nbsp;&nbsp; 30-day Average SOFR + 5.250% <br>Cap 5.250% <br>11/20/2054<br>| &nbsp;&nbsp; 1.577% | 9475927 | &nbsp;&nbsp; 595020 |
| CMO Series 2024-196 Class SK | CMO Series 2024-196 Class SK | CMO Series 2024-196 Class SK | CMO Series 2024-196 Class SK |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 6.100% <br>Cap 6.100% <br>12/20/2054<br>| &nbsp;&nbsp; 2.427% | 2843236 | &nbsp;&nbsp; 270253 |
| CMO Series 2024-197 Class LS | CMO Series 2024-197 Class LS | CMO Series 2024-197 Class LS | CMO Series 2024-197 Class LS |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 6.000% <br>Cap 6.000% <br>12/20/2054<br>| &nbsp;&nbsp; 2.327% | 8117339 | &nbsp;&nbsp; 773799 |
| CMO Series 2024-197 Class SH | CMO Series 2024-197 Class SH | CMO Series 2024-197 Class SH | CMO Series 2024-197 Class SH |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 6.000% <br>Cap 6.000% <br>12/20/2054<br>| &nbsp;&nbsp; 2.327% | 9838153 | &nbsp;&nbsp; 828766 |
| CMO Series 2024-197 Class SV | CMO Series 2024-197 Class SV | CMO Series 2024-197 Class SV | CMO Series 2024-197 Class SV |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 6.050% <br>Cap 6.050% <br>12/20/2054<br>| &nbsp;&nbsp; 2.377% | 9792184 | &nbsp;&nbsp; 1036201 |

---

Columbia Variable Portfolio – Balanced Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Balanced Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| CMO Series 2024-204 Class ES | CMO Series 2024-204 Class ES | CMO Series 2024-204 Class ES | CMO Series 2024-204 Class ES |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 6.050% <br>Cap 6.050% <br>12/20/2054<br>| &nbsp;&nbsp; 2.377% | 7767504 | &nbsp;&nbsp; 835810 |
| CMO Series 2024-22D Class AS | CMO Series 2024-22D Class AS | CMO Series 2024-22D Class AS | CMO Series 2024-22D Class AS |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 5.936% <br>Cap 6.050% <br>08/20/2051<br>| &nbsp;&nbsp; 2.261% | 5738210 | &nbsp;&nbsp; 661396 |
| CMO Series 2025-150 Class MS | CMO Series 2025-150 Class MS | CMO Series 2025-150 Class MS | CMO Series 2025-150 Class MS |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 4.350% <br>Cap 4.350% <br>09/20/2055<br>| &nbsp;&nbsp; 0.677% | 34158504 | &nbsp;&nbsp; 897634 |
| CMO Series 2051-56Q Class SL | CMO Series 2051-56Q Class SL | CMO Series 2051-56Q Class SL | CMO Series 2051-56Q Class SL |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR + <br> 6.000% <br>Cap 6.000% <br>09/20/2055<br>| &nbsp;&nbsp; 2.327% | 6309668 | &nbsp;&nbsp; 610748 |
| Government National Mortgage Association<sup>(i)</sup>  | Government National Mortgage Association<sup>(i)</sup>  | Government National Mortgage Association<sup>(i)</sup>  | Government National Mortgage Association<sup>(i)</sup>  |
| CMO Series 2024-22 Class EI | CMO Series 2024-22 Class EI | CMO Series 2024-22 Class EI | CMO Series 2024-22 Class EI |
| 01/20/2052 | &nbsp;&nbsp; 3.500% | 7488336 | &nbsp;&nbsp; 1395569 |
| CMO Series 2024-28 Class IM | CMO Series 2024-28 Class IM | CMO Series 2024-28 Class IM | CMO Series 2024-28 Class IM |
| 01/20/2050 | &nbsp;&nbsp; 4.000% | 2122292 | &nbsp;&nbsp; 300442 |
| Government National Mortgage Association<sup>(b)</sup>  | Government National Mortgage Association<sup>(b)</sup>  | Government National Mortgage Association<sup>(b)</sup>  | Government National Mortgage Association<sup>(b)</sup>  |
| CMO Series 2025-149M Class FP | CMO Series 2025-149M Class FP | CMO Series 2025-149M Class FP | CMO Series 2025-149M Class FP |
| &nbsp;&nbsp; 30-day Average SOFR + 1.100% <br>Floor 1.100%, Cap 6.500% <br>09/20/2055<br>| &nbsp;&nbsp; 4.773% | 3033040 | &nbsp;&nbsp; 3043493 |
| CMO Series 2025-39 Class M | CMO Series 2025-39 Class M | CMO Series 2025-39 Class M | CMO Series 2025-39 Class M |
| &nbsp;&nbsp; 30-day Average SOFR + 4.000% <br>Floor 4.000%, Cap 7.700% <br>03/20/2055<br>| &nbsp;&nbsp; 7.673% | 2259082 | &nbsp;&nbsp; 2299968 |
| Uniform Mortgage-Backed Security TBA<sup>(f)</sup>  | Uniform Mortgage-Backed Security TBA<sup>(f)</sup>  | Uniform Mortgage-Backed Security TBA<sup>(f)</sup>  | Uniform Mortgage-Backed Security TBA<sup>(f)</sup>  |
| &nbsp;&nbsp; 04/16/2041- <br>04/13/2056<br>| &nbsp;&nbsp; 3.000% | 17825000 | &nbsp;&nbsp; 15793685 |
| &nbsp;&nbsp; 04/16/2041- <br>04/13/2056<br>| &nbsp;&nbsp; 3.500% | 12600000 | &nbsp;&nbsp; 11760890 |
| &nbsp;&nbsp; 04/16/2041- <br>04/13/2056<br>| &nbsp;&nbsp; 4.000% | 2400000 | &nbsp;&nbsp; 2297466 |
| 04/13/2056 | &nbsp;&nbsp; 5.000% | 8500000 | &nbsp;&nbsp; 8382076 |
| 04/13/2056 | &nbsp;&nbsp; 5.500% | 5500000 | &nbsp;&nbsp; 5525333 |
| &nbsp;&nbsp; Total Residential Mortgage-Backed Securities - Agency <br>(Cost $217,398,524) | &nbsp;&nbsp; Total Residential Mortgage-Backed Securities - Agency <br>(Cost $217,398,524) | &nbsp;&nbsp; Total Residential Mortgage-Backed Securities - Agency <br>(Cost $217,398,524) | &nbsp;&nbsp; **218237560** |
| **Residential Mortgage-Backed Securities - Non-Agency 7.6%** | **Residential Mortgage-Backed Securities - Non-Agency 7.6%** | **Residential Mortgage-Backed Securities - Non-Agency 7.6%** | **Residential Mortgage-Backed Securities - Non-Agency 7.6%** |
| A&D Mortgage Trust<sup>(a),(e)</sup>  | A&D Mortgage Trust<sup>(a),(e)</sup>  | A&D Mortgage Trust<sup>(a),(e)</sup>  | A&D Mortgage Trust<sup>(a),(e)</sup>  |
| CMO Series 2024-NQM2 Class A1 | CMO Series 2024-NQM2 Class A1 | CMO Series 2024-NQM2 Class A1 | CMO Series 2024-NQM2 Class A1 |
| 04/25/2069 | &nbsp;&nbsp; 6.498% | 3072931 | &nbsp;&nbsp; 3101056 |
| CMO Series 2025-NQM3 Class A1 | CMO Series 2025-NQM3 Class A1 | CMO Series 2025-NQM3 Class A1 | CMO Series 2025-NQM3 Class A1 |
| 08/25/2070 | &nbsp;&nbsp; 5.374% | 2261357 | &nbsp;&nbsp; 2263786 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| CMO Series 2025-NQM4 Class A1 | CMO Series 2025-NQM4 Class A1 | CMO Series 2025-NQM4 Class A1 | CMO Series 2025-NQM4 Class A1 |
| 10/25/2070 | &nbsp;&nbsp; 5.225% | 2336348 | &nbsp;&nbsp; 2333372 |
| A&D Mortgage Trust<sup>(a),(k)</sup>  | A&D Mortgage Trust<sup>(a),(k)</sup>  | A&D Mortgage Trust<sup>(a),(k)</sup>  | A&D Mortgage Trust<sup>(a),(k)</sup>  |
| CMO Series 2026-NQM1 Class A1 | CMO Series 2026-NQM1 Class A1 | CMO Series 2026-NQM1 Class A1 | CMO Series 2026-NQM1 Class A1 |
| 02/25/2071 | &nbsp;&nbsp; 4.912% | 1975212 | &nbsp;&nbsp; 1960900 |
| ACHM Trust<sup>(a),(k)</sup>  | ACHM Trust<sup>(a),(k)</sup>  | ACHM Trust<sup>(a),(k)</sup>  | ACHM Trust<sup>(a),(k)</sup>  |
| CMO Series 2025-HE2 Class A | CMO Series 2025-HE2 Class A | CMO Series 2025-HE2 Class A | CMO Series 2025-HE2 Class A |
| 08/25/2055 | &nbsp;&nbsp; 5.465% | 3966981 | &nbsp;&nbsp; 3971073 |
| Ajax Mortgage Loan Trust<sup>(a),(k)</sup>  | Ajax Mortgage Loan Trust<sup>(a),(k)</sup>  | Ajax Mortgage Loan Trust<sup>(a),(k)</sup>  | Ajax Mortgage Loan Trust<sup>(a),(k)</sup>  |
| CMO Series 2021-A Class A1 | CMO Series 2021-A Class A1 | CMO Series 2021-A Class A1 | CMO Series 2021-A Class A1 |
| 09/25/2065 | &nbsp;&nbsp; 1.065% | 1461456 | &nbsp;&nbsp; 1335164 |
| Angel Oak Mortgage Trust<sup>(a),(k)</sup>  | Angel Oak Mortgage Trust<sup>(a),(k)</sup>  | Angel Oak Mortgage Trust<sup>(a),(k)</sup>  | Angel Oak Mortgage Trust<sup>(a),(k)</sup>  |
| CMO Series 2020-6 Class A3 | CMO Series 2020-6 Class A3 | CMO Series 2020-6 Class A3 | CMO Series 2020-6 Class A3 |
| 05/25/2065 | &nbsp;&nbsp; 1.775% | 78506 | &nbsp;&nbsp; 73482 |
| CMO Series 2020-6 Class M1 | CMO Series 2020-6 Class M1 | CMO Series 2020-6 Class M1 | CMO Series 2020-6 Class M1 |
| 05/25/2065 | &nbsp;&nbsp; 2.805% | 400000 | &nbsp;&nbsp; 354291 |
| CMO Series 2020-R1 Class A1 | CMO Series 2020-R1 Class A1 | CMO Series 2020-R1 Class A1 | CMO Series 2020-R1 Class A1 |
| 04/25/2053 | &nbsp;&nbsp; 0.990% | 188233 | &nbsp;&nbsp; 180375 |
| Angel Oak Mortgage Trust<sup>(a),(e)</sup>  | Angel Oak Mortgage Trust<sup>(a),(e)</sup>  | Angel Oak Mortgage Trust<sup>(a),(e)</sup>  | Angel Oak Mortgage Trust<sup>(a),(e)</sup>  |
| CMO Series 2022-6 Class A1 | CMO Series 2022-6 Class A1 | CMO Series 2022-6 Class A1 | CMO Series 2022-6 Class A1 |
| 07/25/2067 | &nbsp;&nbsp; 4.300% | 3154338 | &nbsp;&nbsp; 3137824 |
| CMO Series 2025-13 Class A1 | CMO Series 2025-13 Class A1 | CMO Series 2025-13 Class A1 | CMO Series 2025-13 Class A1 |
| 10/25/2070 | &nbsp;&nbsp; 4.929% | 1554415 | &nbsp;&nbsp; 1543690 |
| BRAVO Residential Funding Trust<sup>(a),(k)</sup>  | BRAVO Residential Funding Trust<sup>(a),(k)</sup>  | BRAVO Residential Funding Trust<sup>(a),(k)</sup>  | BRAVO Residential Funding Trust<sup>(a),(k)</sup>  |
| CMO Series 2020-RPL1 Class A1 | CMO Series 2020-RPL1 Class A1 | CMO Series 2020-RPL1 Class A1 | CMO Series 2020-RPL1 Class A1 |
| 05/26/2059 | &nbsp;&nbsp; 2.500% | 136020 | &nbsp;&nbsp; 134365 |
| CMO Series 2021-NQM1 Class A1 | CMO Series 2021-NQM1 Class A1 | CMO Series 2021-NQM1 Class A1 | CMO Series 2021-NQM1 Class A1 |
| 02/25/2049 | &nbsp;&nbsp; 0.941% | 506786 | &nbsp;&nbsp; 475473 |
| CMO Series 2021-NQM1 Class A3 | CMO Series 2021-NQM1 Class A3 | CMO Series 2021-NQM1 Class A3 | CMO Series 2021-NQM1 Class A3 |
| 02/25/2049 | &nbsp;&nbsp; 1.332% | 206470 | &nbsp;&nbsp; 194612 |
| CMO Series 2021-NQM2 Class A3 | CMO Series 2021-NQM2 Class A3 | CMO Series 2021-NQM2 Class A3 | CMO Series 2021-NQM2 Class A3 |
| 03/25/2060 | &nbsp;&nbsp; 1.435% | 41773 | &nbsp;&nbsp; 41175 |
| Subordinated CMO Series 2021-NQM2 Class B1 | Subordinated CMO Series 2021-NQM2 Class B1 | Subordinated CMO Series 2021-NQM2 Class B1 | Subordinated CMO Series 2021-NQM2 Class B1 |
| 03/25/2060 | &nbsp;&nbsp; 3.044% | 425000 | &nbsp;&nbsp; 399373 |
| BRAVO Residential Funding Trust<sup>(a),(e)</sup>  | BRAVO Residential Funding Trust<sup>(a),(e)</sup>  | BRAVO Residential Funding Trust<sup>(a),(e)</sup>  | BRAVO Residential Funding Trust<sup>(a),(e)</sup>  |
| CMO Series 2023-NQM8 Class A1 | CMO Series 2023-NQM8 Class A1 | CMO Series 2023-NQM8 Class A1 | CMO Series 2023-NQM8 Class A1 |
| 10/25/2063 | &nbsp;&nbsp; 6.394% | 295799 | &nbsp;&nbsp; 296880 |
| CMO Series 2024-NQM2 Class A1 | CMO Series 2024-NQM2 Class A1 | CMO Series 2024-NQM2 Class A1 | CMO Series 2024-NQM2 Class A1 |
| 02/25/2064 | &nbsp;&nbsp; 6.285% | 774516 | &nbsp;&nbsp; 778630 |
| CMO Series 2024-NQM3 Class A1 | CMO Series 2024-NQM3 Class A1 | CMO Series 2024-NQM3 Class A1 | CMO Series 2024-NQM3 Class A1 |
| 03/25/2064 | &nbsp;&nbsp; 6.191% | 1130566 | &nbsp;&nbsp; 1136803 |
| CHNGE Mortgage Trust<sup>(a),(k)</sup>  | CHNGE Mortgage Trust<sup>(a),(k)</sup>  | CHNGE Mortgage Trust<sup>(a),(k)</sup>  | CHNGE Mortgage Trust<sup>(a),(k)</sup>  |
| CMO Series 2022-1 Class A1 | CMO Series 2022-1 Class A1 | CMO Series 2022-1 Class A1 | CMO Series 2022-1 Class A1 |
| 01/25/2067 | &nbsp;&nbsp; 3.007% | 1493627 | &nbsp;&nbsp; 1429453 |
| CHNGE Mortgage Trust<sup>(a),(e)</sup>  | CHNGE Mortgage Trust<sup>(a),(e)</sup>  | CHNGE Mortgage Trust<sup>(a),(e)</sup>  | CHNGE Mortgage Trust<sup>(a),(e)</sup>  |
| CMO Series 2022-NQM1 Class A1 | CMO Series 2022-NQM1 Class A1 | CMO Series 2022-NQM1 Class A1 | CMO Series 2022-NQM1 Class A1 |
| 06/25/2067 | &nbsp;&nbsp; 5.189% | 580142 | &nbsp;&nbsp; 578361 |

---

Columbia Variable Portfolio – Balanced Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Balanced Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| COLT Mortgage Loan Trust<sup>(a)</sup>  | COLT Mortgage Loan Trust<sup>(a)</sup>  | COLT Mortgage Loan Trust<sup>(a)</sup>  | COLT Mortgage Loan Trust<sup>(a)</sup>  |
| CMO Series 2021-2R Class A1 | CMO Series 2021-2R Class A1 | CMO Series 2021-2R Class A1 | CMO Series 2021-2R Class A1 |
| 07/27/2054 | &nbsp;&nbsp; 0.798% | 224163 | &nbsp;&nbsp; 201636 |
| COLT Mortgage Loan Trust<sup>(a),(k)</sup>  | COLT Mortgage Loan Trust<sup>(a),(k)</sup>  | COLT Mortgage Loan Trust<sup>(a),(k)</sup>  | COLT Mortgage Loan Trust<sup>(a),(k)</sup>  |
| CMO Series 2022-1 Class A1 | CMO Series 2022-1 Class A1 | CMO Series 2022-1 Class A1 | CMO Series 2022-1 Class A1 |
| 12/27/2066 | &nbsp;&nbsp; 2.284% | 1479601 | &nbsp;&nbsp; 1359071 |
| CMO Series 2025-12 Class A1 | CMO Series 2025-12 Class A1 | CMO Series 2025-12 Class A1 | CMO Series 2025-12 Class A1 |
| 01/26/2071 | &nbsp;&nbsp; 4.983% | 1662925 | &nbsp;&nbsp; 1653329 |
| COLT Mortgage Loan Trust<sup>(a),(e)</sup>  | COLT Mortgage Loan Trust<sup>(a),(e)</sup>  | COLT Mortgage Loan Trust<sup>(a),(e)</sup>  | COLT Mortgage Loan Trust<sup>(a),(e)</sup>  |
| CMO Series 2024-1 Class A1 | CMO Series 2024-1 Class A1 | CMO Series 2024-1 Class A1 | CMO Series 2024-1 Class A1 |
| 02/25/2069 | &nbsp;&nbsp; 5.835% | 776218 | &nbsp;&nbsp; 777616 |
| CMO Series 2025-7 Class A1 | CMO Series 2025-7 Class A1 | CMO Series 2025-7 Class A1 | CMO Series 2025-7 Class A1 |
| 06/25/2070 | &nbsp;&nbsp; 5.470% | 4397083 | &nbsp;&nbsp; 4406043 |
| Connecticut Avenue Securities Trust<sup>(a),(b)</sup>  | Connecticut Avenue Securities Trust<sup>(a),(b)</sup>  | Connecticut Avenue Securities Trust<sup>(a),(b)</sup>  | Connecticut Avenue Securities Trust<sup>(a),(b)</sup>  |
| CMO Series 2022-R04 Class 1M2 | CMO Series 2022-R04 Class 1M2 | CMO Series 2022-R04 Class 1M2 | CMO Series 2022-R04 Class 1M2 |
| &nbsp;&nbsp; 30-day Average SOFR + 3.100% <br>03/25/2042<br>| &nbsp;&nbsp; 6.762% | 975000 | &nbsp;&nbsp; 992181 |
| Credit Suisse Mortgage Trust<sup>(a),(k)</sup>  | Credit Suisse Mortgage Trust<sup>(a),(k)</sup>  | Credit Suisse Mortgage Trust<sup>(a),(k)</sup>  | Credit Suisse Mortgage Trust<sup>(a),(k)</sup>  |
| CMO Series 2021-AFC1 Class A1 | CMO Series 2021-AFC1 Class A1 | CMO Series 2021-AFC1 Class A1 | CMO Series 2021-AFC1 Class A1 |
| 03/25/2056 | &nbsp;&nbsp; 0.830% | 438069 | &nbsp;&nbsp; 366563 |
| CMO Series 2021-NQM1 Class A3 | CMO Series 2021-NQM1 Class A3 | CMO Series 2021-NQM1 Class A3 | CMO Series 2021-NQM1 Class A3 |
| 05/25/2065 | &nbsp;&nbsp; 1.199% | 134682 | &nbsp;&nbsp; 121235 |
| CMO Series 2021-NQM1 Class M1 | CMO Series 2021-NQM1 Class M1 | CMO Series 2021-NQM1 Class M1 | CMO Series 2021-NQM1 Class M1 |
| 05/25/2065 | &nbsp;&nbsp; 2.130% | 175000 | &nbsp;&nbsp; 136631 |
| CMO Series 2021-RPL2 Class M1 | CMO Series 2021-RPL2 Class M1 | CMO Series 2021-RPL2 Class M1 | CMO Series 2021-RPL2 Class M1 |
| 01/25/2060 | &nbsp;&nbsp; 2.750% | 751019 | &nbsp;&nbsp; 573620 |
| CMO Series 2021-RPL2 Class M2 | CMO Series 2021-RPL2 Class M2 | CMO Series 2021-RPL2 Class M2 | CMO Series 2021-RPL2 Class M2 |
| 01/25/2060 | &nbsp;&nbsp; 3.250% | 375000 | &nbsp;&nbsp; 280383 |
| Cross Mortgage Trust<sup>(a),(e)</sup>  | Cross Mortgage Trust<sup>(a),(e)</sup>  | Cross Mortgage Trust<sup>(a),(e)</sup>  | Cross Mortgage Trust<sup>(a),(e)</sup>  |
| CMO Series 2024-H2 Class A1 | CMO Series 2024-H2 Class A1 | CMO Series 2024-H2 Class A1 | CMO Series 2024-H2 Class A1 |
| 04/25/2069 | &nbsp;&nbsp; 6.093% | 294467 | &nbsp;&nbsp; 295882 |
| CSMC<sup>(a),(k)</sup>  | CSMC<sup>(a),(k)</sup>  | CSMC<sup>(a),(k)</sup>  | CSMC<sup>(a),(k)</sup>  |
| CMO Series 2022-ATH1 Class A2 | CMO Series 2022-ATH1 Class A2 | CMO Series 2022-ATH1 Class A2 | CMO Series 2022-ATH1 Class A2 |
| 01/25/2067 | &nbsp;&nbsp; 3.405% | 2230245 | &nbsp;&nbsp; 2092034 |
| CSMC Trust<sup>(a),(k)</sup>  | CSMC Trust<sup>(a),(k)</sup>  | CSMC Trust<sup>(a),(k)</sup>  | CSMC Trust<sup>(a),(k)</sup>  |
| CMO Series 2018-RPL9 Class A | CMO Series 2018-RPL9 Class A | CMO Series 2018-RPL9 Class A | CMO Series 2018-RPL9 Class A |
| 09/25/2057 | &nbsp;&nbsp; 3.850% | 1034172 | &nbsp;&nbsp; 993571 |
| CMO Series 2021-RPL4 Class A1 | CMO Series 2021-RPL4 Class A1 | CMO Series 2021-RPL4 Class A1 | CMO Series 2021-RPL4 Class A1 |
| 12/27/2060 | &nbsp;&nbsp; 5.796% | 773793 | &nbsp;&nbsp; 773032 |
| CMO Series 2022-NQM5 Class A1 | CMO Series 2022-NQM5 Class A1 | CMO Series 2022-NQM5 Class A1 | CMO Series 2022-NQM5 Class A1 |
| 05/25/2067 | &nbsp;&nbsp; 5.169% | 1161055 | &nbsp;&nbsp; 1157894 |
| Subordinated CMO Series 2020-RPL4 Class A1 | Subordinated CMO Series 2020-RPL4 Class A1 | Subordinated CMO Series 2020-RPL4 Class A1 | Subordinated CMO Series 2020-RPL4 Class A1 |
| 01/25/2060 | &nbsp;&nbsp; 2.000% | 433012 | &nbsp;&nbsp; 390368 |
| CSMC Trust<sup>(a)</sup>  | CSMC Trust<sup>(a)</sup>  | CSMC Trust<sup>(a)</sup>  | CSMC Trust<sup>(a)</sup>  |
| CMO Series 2019-AFC1 Class A1 | CMO Series 2019-AFC1 Class A1 | CMO Series 2019-AFC1 Class A1 | CMO Series 2019-AFC1 Class A1 |
| 07/25/2049 | &nbsp;&nbsp; 3.573% | 214393 | &nbsp;&nbsp; 206631 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| EFMT<sup>(a),(k)</sup>  | EFMT<sup>(a),(k)</sup>  | EFMT<sup>(a),(k)</sup>  | EFMT<sup>(a),(k)</sup>  |
| CMO Series 2025-NQM6 Class A1 | CMO Series 2025-NQM6 Class A1 | CMO Series 2025-NQM6 Class A1 | CMO Series 2025-NQM6 Class A1 |
| 12/25/2070 | &nbsp;&nbsp; 5.001% | 1799039 | &nbsp;&nbsp; 1789120 |
| Ellington Financial Mortgage Trust<sup>(a),(k)</sup>  | Ellington Financial Mortgage Trust<sup>(a),(k)</sup>  | Ellington Financial Mortgage Trust<sup>(a),(k)</sup>  | Ellington Financial Mortgage Trust<sup>(a),(k)</sup>  |
| CMO Series 2019-2 Class A3 | CMO Series 2019-2 Class A3 | CMO Series 2019-2 Class A3 | CMO Series 2019-2 Class A3 |
| 11/25/2059 | &nbsp;&nbsp; 3.046% | 37383 | &nbsp;&nbsp; 36818 |
| CMO Series 2022-2 Class A1 | CMO Series 2022-2 Class A1 | CMO Series 2022-2 Class A1 | CMO Series 2022-2 Class A1 |
| 04/25/2067 | &nbsp;&nbsp; 4.299% | 4034279 | &nbsp;&nbsp; 3963650 |
| CMO Series 2025-NQM1 Class A1 | CMO Series 2025-NQM1 Class A1 | CMO Series 2025-NQM1 Class A1 | CMO Series 2025-NQM1 Class A1 |
| 01/25/2070 | &nbsp;&nbsp; 5.668% | 719863 | &nbsp;&nbsp; 723167 |
| Ellington Financial Mortgage Trust<sup>(a),(e)</sup>  | Ellington Financial Mortgage Trust<sup>(a),(e)</sup>  | Ellington Financial Mortgage Trust<sup>(a),(e)</sup>  | Ellington Financial Mortgage Trust<sup>(a),(e)</sup>  |
| CMO Series 2026-CES1 Class A1A | CMO Series 2026-CES1 Class A1A | CMO Series 2026-CES1 Class A1A | CMO Series 2026-CES1 Class A1A |
| 12/25/2060 | &nbsp;&nbsp; 4.914% | 1115054 | &nbsp;&nbsp; 1105136 |
| FIGRE Trust<sup>(a),(e)</sup>  | FIGRE Trust<sup>(a),(e)</sup>  | FIGRE Trust<sup>(a),(e)</sup>  | FIGRE Trust<sup>(a),(e)</sup>  |
| CMO Series 2025-FL1 Class A1 | CMO Series 2025-FL1 Class A1 | CMO Series 2025-FL1 Class A1 | CMO Series 2025-FL1 Class A1 |
| 07/25/2055 | &nbsp;&nbsp; 5.265% | 1099442 | &nbsp;&nbsp; 1098770 |
| FIGRE Trust<sup>(a),(k)</sup>  | FIGRE Trust<sup>(a),(k)</sup>  | FIGRE Trust<sup>(a),(k)</sup>  | FIGRE Trust<sup>(a),(k)</sup>  |
| CMO Series 2025-PF2 Class A | CMO Series 2025-PF2 Class A | CMO Series 2025-PF2 Class A | CMO Series 2025-PF2 Class A |
| 10/25/2055 | &nbsp;&nbsp; 5.017% | 1243179 | &nbsp;&nbsp; 1232215 |
| Freddie Mac STACR REMIC Trust<sup>(a),(b)</sup>  | Freddie Mac STACR REMIC Trust<sup>(a),(b)</sup>  | Freddie Mac STACR REMIC Trust<sup>(a),(b)</sup>  | Freddie Mac STACR REMIC Trust<sup>(a),(b)</sup>  |
| CMO Series 2021-DNA5 Class M2 | CMO Series 2021-DNA5 Class M2 | CMO Series 2021-DNA5 Class M2 | CMO Series 2021-DNA5 Class M2 |
| &nbsp;&nbsp; 30-day Average SOFR + 1.650% <br>01/25/2034<br>| &nbsp;&nbsp; 5.312% | 116058 | &nbsp;&nbsp; 116363 |
| CMO Series 2022-DNA3 Class M1B | CMO Series 2022-DNA3 Class M1B | CMO Series 2022-DNA3 Class M1B | CMO Series 2022-DNA3 Class M1B |
| &nbsp;&nbsp; 30-day Average SOFR + 2.900% <br>04/25/2042<br>| &nbsp;&nbsp; 6.562% | 1100000 | &nbsp;&nbsp; 1115479 |
| Subordinated CMO Series 2022-DNA6 Class M1A | Subordinated CMO Series 2022-DNA6 Class M1A | Subordinated CMO Series 2022-DNA6 Class M1A | Subordinated CMO Series 2022-DNA6 Class M1A |
| &nbsp;&nbsp; 30-day Average SOFR + 2.150% <br>09/25/2042<br>| &nbsp;&nbsp; 5.812% | 81976 | &nbsp;&nbsp; 82127 |
| Freddie Mac Structured Agency Credit Risk Debt Notes<sup>(a),(b)</sup>  | Freddie Mac Structured Agency Credit Risk Debt Notes<sup>(a),(b)</sup>  | Freddie Mac Structured Agency Credit Risk Debt Notes<sup>(a),(b)</sup>  | Freddie Mac Structured Agency Credit Risk Debt Notes<sup>(a),(b)</sup>  |
| CMO Series 2020-CS01 Class B1 | CMO Series 2020-CS01 Class B1 | CMO Series 2020-CS01 Class B1 | CMO Series 2020-CS01 Class B1 |
| &nbsp;&nbsp; 30-day Average SOFR + 0.114% <br>04/25/2033<br>| &nbsp;&nbsp; 4.454% | 1352937 | &nbsp;&nbsp; 1308800 |
| CMO Series 2022-DNA5 Class M1A | CMO Series 2022-DNA5 Class M1A | CMO Series 2022-DNA5 Class M1A | CMO Series 2022-DNA5 Class M1A |
| &nbsp;&nbsp; 30-day Average SOFR + 2.950% <br>06/25/2042<br>| &nbsp;&nbsp; 6.612% | 614876 | &nbsp;&nbsp; 623385 |
| Subordinated CMO Series 2021-DNA7 Class M1 | Subordinated CMO Series 2021-DNA7 Class M1 | Subordinated CMO Series 2021-DNA7 Class M1 | Subordinated CMO Series 2021-DNA7 Class M1 |
| &nbsp;&nbsp; 30-day Average SOFR + 0.850% <br>11/25/2041<br>| &nbsp;&nbsp; 4.512% | 331057 | &nbsp;&nbsp; 330963 |
| GCAT Trust<sup>(a),(k)</sup>  | GCAT Trust<sup>(a),(k)</sup>  | GCAT Trust<sup>(a),(k)</sup>  | GCAT Trust<sup>(a),(k)</sup>  |
| CMO Series 2019-RPL1 Class A1 | CMO Series 2019-RPL1 Class A1 | CMO Series 2019-RPL1 Class A1 | CMO Series 2019-RPL1 Class A1 |
| 10/25/2068 | &nbsp;&nbsp; 2.650% | 329630 | &nbsp;&nbsp; 321915 |
| CMO Series 2021-CM2 Class A1 | CMO Series 2021-CM2 Class A1 | CMO Series 2021-CM2 Class A1 | CMO Series 2021-CM2 Class A1 |
| 08/25/2066 | &nbsp;&nbsp; 2.352% | 1266874 | &nbsp;&nbsp; 1204621 |
| CMO Series 2022-NQM3 Class A1 | CMO Series 2022-NQM3 Class A1 | CMO Series 2022-NQM3 Class A1 | CMO Series 2022-NQM3 Class A1 |
| 04/25/2067 | &nbsp;&nbsp; 4.349% | 4201593 | &nbsp;&nbsp; 4184474 |
| CMO Series 2025-NQM5 Class A1 | CMO Series 2025-NQM5 Class A1 | CMO Series 2025-NQM5 Class A1 | CMO Series 2025-NQM5 Class A1 |
| 08/25/2070 | &nbsp;&nbsp; 4.981% | 3085452 | &nbsp;&nbsp; 3067465 |

---

Columbia Variable Portfolio – Balanced Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Balanced Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| GCAT Trust<sup>(a),(e)</sup>  | GCAT Trust<sup>(a),(e)</sup>  | GCAT Trust<sup>(a),(e)</sup>  | GCAT Trust<sup>(a),(e)</sup>  |
| CMO Series 2023-NQM2 Class A1 | CMO Series 2023-NQM2 Class A1 | CMO Series 2023-NQM2 Class A1 | CMO Series 2023-NQM2 Class A1 |
| 11/25/2067 | &nbsp;&nbsp; 5.837% | 1082024 | &nbsp;&nbsp; 1079113 |
| GITSIT Mortgage Loan Trust<sup>(a),(e)</sup>  | GITSIT Mortgage Loan Trust<sup>(a),(e)</sup>  | GITSIT Mortgage Loan Trust<sup>(a),(e)</sup>  | GITSIT Mortgage Loan Trust<sup>(a),(e)</sup>  |
| CMO Series 2025-NPL2 Class A1 | CMO Series 2025-NPL2 Class A1 | CMO Series 2025-NPL2 Class A1 | CMO Series 2025-NPL2 Class A1 |
| 12/25/2055 | &nbsp;&nbsp; 5.425% | 1556543 | &nbsp;&nbsp; 1547076 |
| GS Mortgage-Backed Securities Trust<sup>(a),(k)</sup>  | GS Mortgage-Backed Securities Trust<sup>(a),(k)</sup>  | GS Mortgage-Backed Securities Trust<sup>(a),(k)</sup>  | GS Mortgage-Backed Securities Trust<sup>(a),(k)</sup>  |
| CMO Series 2020-NQM1 Class A1 | CMO Series 2020-NQM1 Class A1 | CMO Series 2020-NQM1 Class A1 | CMO Series 2020-NQM1 Class A1 |
| 09/27/2060 | &nbsp;&nbsp; 1.382% | 158438 | &nbsp;&nbsp; 151657 |
| GS Mortgage-Backed Securities Trust<sup>(a),(e)</sup>  | GS Mortgage-Backed Securities Trust<sup>(a),(e)</sup>  | GS Mortgage-Backed Securities Trust<sup>(a),(e)</sup>  | GS Mortgage-Backed Securities Trust<sup>(a),(e)</sup>  |
| CMO Series 2025-NQM4 Class A1 | CMO Series 2025-NQM4 Class A1 | CMO Series 2025-NQM4 Class A1 | CMO Series 2025-NQM4 Class A1 |
| 10/25/2065 | &nbsp;&nbsp; 5.006% | 1657869 | &nbsp;&nbsp; 1649160 |
| HOMES Trust<sup>(a),(e)</sup>  | HOMES Trust<sup>(a),(e)</sup>  | HOMES Trust<sup>(a),(e)</sup>  | HOMES Trust<sup>(a),(e)</sup>  |
| CMO Series 2025-AFC2 Class AIA | CMO Series 2025-AFC2 Class AIA | CMO Series 2025-AFC2 Class AIA | CMO Series 2025-AFC2 Class AIA |
| 06/25/2060 | &nbsp;&nbsp; 5.471% | 1383946 | &nbsp;&nbsp; 1388418 |
| HOMES Trust<sup>(a),(k)</sup>  | HOMES Trust<sup>(a),(k)</sup>  | HOMES Trust<sup>(a),(k)</sup>  | HOMES Trust<sup>(a),(k)</sup>  |
| CMO Series 2025-NQM4 Class A1 | CMO Series 2025-NQM4 Class A1 | CMO Series 2025-NQM4 Class A1 | CMO Series 2025-NQM4 Class A1 |
| 08/25/2070 | &nbsp;&nbsp; 5.220% | 1399040 | &nbsp;&nbsp; 1397219 |
| JPMorgan Mortgage Trust<sup>(a),(k)</sup>  | JPMorgan Mortgage Trust<sup>(a),(k)</sup>  | JPMorgan Mortgage Trust<sup>(a),(k)</sup>  | JPMorgan Mortgage Trust<sup>(a),(k)</sup>  |
| CMO Series 2025-VIS3 Class A1 | CMO Series 2025-VIS3 Class A1 | CMO Series 2025-VIS3 Class A1 | CMO Series 2025-VIS3 Class A1 |
| 02/25/2066 | &nbsp;&nbsp; 5.062% | 3162607 | &nbsp;&nbsp; 3149336 |
| Legacy Mortgage Asset Trust<sup>(a),(e)</sup>  | Legacy Mortgage Asset Trust<sup>(a),(e)</sup>  | Legacy Mortgage Asset Trust<sup>(a),(e)</sup>  | Legacy Mortgage Asset Trust<sup>(a),(e)</sup>  |
| CMO Series 2021-GS1 Class A1 | CMO Series 2021-GS1 Class A1 | CMO Series 2021-GS1 Class A1 | CMO Series 2021-GS1 Class A1 |
| 10/25/2066 | &nbsp;&nbsp; 5.892% | 884870 | &nbsp;&nbsp; 887595 |
| CMO Series 2021-GS2 Class A1 | CMO Series 2021-GS2 Class A1 | CMO Series 2021-GS2 Class A1 | CMO Series 2021-GS2 Class A1 |
| 04/25/2061 | &nbsp;&nbsp; 5.750% | 1569816 | &nbsp;&nbsp; 1572558 |
| MetLife Securitization Trust<sup>(a),(k)</sup>  | MetLife Securitization Trust<sup>(a),(k)</sup>  | MetLife Securitization Trust<sup>(a),(k)</sup>  | MetLife Securitization Trust<sup>(a),(k)</sup>  |
| CMO Series 2018-1A Class A | CMO Series 2018-1A Class A | CMO Series 2018-1A Class A | CMO Series 2018-1A Class A |
| 03/25/2057 | &nbsp;&nbsp; 3.750% | 255688 | &nbsp;&nbsp; 247635 |
| MFA Trust<sup>(a),(k)</sup>  | MFA Trust<sup>(a),(k)</sup>  | MFA Trust<sup>(a),(k)</sup>  | MFA Trust<sup>(a),(k)</sup>  |
| CMO Series 2020-NQM3 Class M1 | CMO Series 2020-NQM3 Class M1 | CMO Series 2020-NQM3 Class M1 | CMO Series 2020-NQM3 Class M1 |
| 01/26/2065 | &nbsp;&nbsp; 2.654% | 475000 | &nbsp;&nbsp; 436892 |
| CMO Series 2021-NQM1 Class A1 | CMO Series 2021-NQM1 Class A1 | CMO Series 2021-NQM1 Class A1 | CMO Series 2021-NQM1 Class A1 |
| 04/25/2065 | &nbsp;&nbsp; 1.153% | 312281 | &nbsp;&nbsp; 296304 |
| MFA Trust<sup>(a),(e)</sup>  | MFA Trust<sup>(a),(e)</sup>  | MFA Trust<sup>(a),(e)</sup>  | MFA Trust<sup>(a),(e)</sup>  |
| CMO Series 2022-NQM2 Class A1 | CMO Series 2022-NQM2 Class A1 | CMO Series 2022-NQM2 Class A1 | CMO Series 2022-NQM2 Class A1 |
| 05/25/2067 | &nbsp;&nbsp; 4.000% | 3766669 | &nbsp;&nbsp; 3739585 |
| CMO Series 2023-NQM4 Class A1 | CMO Series 2023-NQM4 Class A1 | CMO Series 2023-NQM4 Class A1 | CMO Series 2023-NQM4 Class A1 |
| 12/25/2068 | &nbsp;&nbsp; 6.105% | 267798 | &nbsp;&nbsp; 268551 |
| CMO Series 2025-NQM3 Class A1 | CMO Series 2025-NQM3 Class A1 | CMO Series 2025-NQM3 Class A1 | CMO Series 2025-NQM3 Class A1 |
| 08/25/2070 | &nbsp;&nbsp; 5.261% | 1470938 | &nbsp;&nbsp; 1470207 |
| MFRA Trust<sup>(a),(k)</sup>  | MFRA Trust<sup>(a),(k)</sup>  | MFRA Trust<sup>(a),(k)</sup>  | MFRA Trust<sup>(a),(k)</sup>  |
| CMO Series 2021-INV1 Class A1 | CMO Series 2021-INV1 Class A1 | CMO Series 2021-INV1 Class A1 | CMO Series 2021-INV1 Class A1 |
| 01/25/2056 | &nbsp;&nbsp; 0.852% | 35211 | &nbsp;&nbsp; 34551 |
| CMO Series 2021-INV1 Class A2 | CMO Series 2021-INV1 Class A2 | CMO Series 2021-INV1 Class A2 | CMO Series 2021-INV1 Class A2 |
| 01/25/2056 | &nbsp;&nbsp; 1.057% | 6641 | &nbsp;&nbsp; 6519 |
| CMO Series 2021-INV1 Class A3 | CMO Series 2021-INV1 Class A3 | CMO Series 2021-INV1 Class A3 | CMO Series 2021-INV1 Class A3 |
| 01/25/2056 | &nbsp;&nbsp; 1.262% | 11105 | &nbsp;&nbsp; 10903 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Mill City Mortgage Loan Trust<sup>(a),(k)</sup>  | Mill City Mortgage Loan Trust<sup>(a),(k)</sup>  | Mill City Mortgage Loan Trust<sup>(a),(k)</sup>  | Mill City Mortgage Loan Trust<sup>(a),(k)</sup>  |
| CMO Series 2018-3 Class A1 | CMO Series 2018-3 Class A1 | CMO Series 2018-3 Class A1 | CMO Series 2018-3 Class A1 |
| 08/25/2058 | &nbsp;&nbsp; 3.482% | 242810 | &nbsp;&nbsp; 240353 |
| CMO Series 2021-NMR1 Class M1 | CMO Series 2021-NMR1 Class M1 | CMO Series 2021-NMR1 Class M1 | CMO Series 2021-NMR1 Class M1 |
| 11/25/2060 | &nbsp;&nbsp; 1.850% | 1150000 | &nbsp;&nbsp; 1067269 |
| Morgan Stanley Residential Mortgage Loan Trust<sup>(a),(k)</sup>  | Morgan Stanley Residential Mortgage Loan Trust<sup>(a),(k)</sup>  | Morgan Stanley Residential Mortgage Loan Trust<sup>(a),(k)</sup>  | Morgan Stanley Residential Mortgage Loan Trust<sup>(a),(k)</sup>  |
| CMO Series 2025-DSC2 Class A1 | CMO Series 2025-DSC2 Class A1 | CMO Series 2025-DSC2 Class A1 | CMO Series 2025-DSC2 Class A1 |
| 07/25/2070 | &nbsp;&nbsp; 5.443% | 1321599 | &nbsp;&nbsp; 1324544 |
| Morgan Stanley Residential Mortgage Loan Trust<sup>(a),(e)</sup>  | Morgan Stanley Residential Mortgage Loan Trust<sup>(a),(e)</sup>  | Morgan Stanley Residential Mortgage Loan Trust<sup>(a),(e)</sup>  | Morgan Stanley Residential Mortgage Loan Trust<sup>(a),(e)</sup>  |
| CMO Series 2025-NQM7 Class A1 | CMO Series 2025-NQM7 Class A1 | CMO Series 2025-NQM7 Class A1 | CMO Series 2025-NQM7 Class A1 |
| 09/25/2070 | &nbsp;&nbsp; 4.984% | 2375712 | &nbsp;&nbsp; 2362127 |
| New Residential Mortgage Loan Trust<sup>(a)</sup>  | New Residential Mortgage Loan Trust<sup>(a)</sup>  | New Residential Mortgage Loan Trust<sup>(a)</sup>  | New Residential Mortgage Loan Trust<sup>(a)</sup>  |
| CMO Series 2016-3A Class A1 | CMO Series 2016-3A Class A1 | CMO Series 2016-3A Class A1 | CMO Series 2016-3A Class A1 |
| 09/25/2056 | &nbsp;&nbsp; 3.750% | 92676 | &nbsp;&nbsp; 88961 |
| NYMT Loan Trust<sup>(a),(k)</sup>  | NYMT Loan Trust<sup>(a),(k)</sup>  | NYMT Loan Trust<sup>(a),(k)</sup>  | NYMT Loan Trust<sup>(a),(k)</sup>  |
| CMO Series 2025-INV2 Class A1 | CMO Series 2025-INV2 Class A1 | CMO Series 2025-INV2 Class A1 | CMO Series 2025-INV2 Class A1 |
| 10/25/2060 | &nbsp;&nbsp; 5.000% | 2125732 | &nbsp;&nbsp; 2113826 |
| OBX Trust<sup>(a),(e)</sup>  | OBX Trust<sup>(a),(e)</sup>  | OBX Trust<sup>(a),(e)</sup>  | OBX Trust<sup>(a),(e)</sup>  |
| CMO Series 2023-NQM8 Class A1 | CMO Series 2023-NQM8 Class A1 | CMO Series 2023-NQM8 Class A1 | CMO Series 2023-NQM8 Class A1 |
| 09/25/2063 | &nbsp;&nbsp; 7.045% | 959505 | &nbsp;&nbsp; 963866 |
| CMO Series 2023-NQM8 Class A2 | CMO Series 2023-NQM8 Class A2 | CMO Series 2023-NQM8 Class A2 | CMO Series 2023-NQM8 Class A2 |
| 09/25/2063 | &nbsp;&nbsp; 7.248% | 790190 | &nbsp;&nbsp; 793523 |
| OBX Trust<sup>(a),(k)</sup>  | OBX Trust<sup>(a),(k)</sup>  | OBX Trust<sup>(a),(k)</sup>  | OBX Trust<sup>(a),(k)</sup>  |
| CMO Series 2025-NQM13 Class A1 | CMO Series 2025-NQM13 Class A1 | CMO Series 2025-NQM13 Class A1 | CMO Series 2025-NQM13 Class A1 |
| 05/25/2065 | &nbsp;&nbsp; 5.441% | 2141662 | &nbsp;&nbsp; 2146775 |
| Oceanview Mortgage Loan Trust<sup>(a)</sup>  | Oceanview Mortgage Loan Trust<sup>(a)</sup>  | Oceanview Mortgage Loan Trust<sup>(a)</sup>  | Oceanview Mortgage Loan Trust<sup>(a)</sup>  |
| CMO Series 2020-1 Class A1A | CMO Series 2020-1 Class A1A | CMO Series 2020-1 Class A1A | CMO Series 2020-1 Class A1A |
| 05/28/2050 | &nbsp;&nbsp; 1.733% | 120775 | &nbsp;&nbsp; 114529 |
| PRKCM Trust<sup>(a),(k)</sup>  | PRKCM Trust<sup>(a),(k)</sup>  | PRKCM Trust<sup>(a),(k)</sup>  | PRKCM Trust<sup>(a),(k)</sup>  |
| CMO Series 2021-AFC2 Class A3 | CMO Series 2021-AFC2 Class A3 | CMO Series 2021-AFC2 Class A3 | CMO Series 2021-AFC2 Class A3 |
| 11/25/2056 | &nbsp;&nbsp; 2.893% | 2000000 | &nbsp;&nbsp; 1434555 |
| CMO Series 2021-AFC2 Class M1 | CMO Series 2021-AFC2 Class M1 | CMO Series 2021-AFC2 Class M1 | CMO Series 2021-AFC2 Class M1 |
| 11/25/2056 | &nbsp;&nbsp; 3.443% | 1475000 | &nbsp;&nbsp; 1084067 |
| Subordinated CMO Series 2021-AFC2 Class B1 | Subordinated CMO Series 2021-AFC2 Class B1 | Subordinated CMO Series 2021-AFC2 Class B1 | Subordinated CMO Series 2021-AFC2 Class B1 |
| 11/25/2056 | &nbsp;&nbsp; 3.701% | 1300000 | &nbsp;&nbsp; 909852 |
| PRPM LLC<sup>(a),(e)</sup>  | PRPM LLC<sup>(a),(e)</sup>  | PRPM LLC<sup>(a),(e)</sup>  | PRPM LLC<sup>(a),(e)</sup>  |
| CMO Series 2024-RCF2 Class A1 | CMO Series 2024-RCF2 Class A1 | CMO Series 2024-RCF2 Class A1 | CMO Series 2024-RCF2 Class A1 |
| 03/25/2054 | &nbsp;&nbsp; 3.750% | 643068 | &nbsp;&nbsp; 631326 |
| CMO Series 2025-RCF4 Class A2 | CMO Series 2025-RCF4 Class A2 | CMO Series 2025-RCF4 Class A2 | CMO Series 2025-RCF4 Class A2 |
| 08/25/2055 | &nbsp;&nbsp; 4.500% | 685000 | &nbsp;&nbsp; 668224 |
| PRPM Trust<sup>(a),(e)</sup>  | PRPM Trust<sup>(a),(e)</sup>  | PRPM Trust<sup>(a),(e)</sup>  | PRPM Trust<sup>(a),(e)</sup>  |
| CMO Series 2023-NQM3 Class A1 | CMO Series 2023-NQM3 Class A1 | CMO Series 2023-NQM3 Class A1 | CMO Series 2023-NQM3 Class A1 |
| 11/25/2068 | &nbsp;&nbsp; 6.221% | 116701 | &nbsp;&nbsp; 117189 |
| CMO Series 2024-NQM1 Class A1 | CMO Series 2024-NQM1 Class A1 | CMO Series 2024-NQM1 Class A1 | CMO Series 2024-NQM1 Class A1 |
| 12/25/2068 | &nbsp;&nbsp; 6.265% | 385217 | &nbsp;&nbsp; 387691 |
| PRPM Trust<sup>(a),(k)</sup>  | PRPM Trust<sup>(a),(k)</sup>  | PRPM Trust<sup>(a),(k)</sup>  | PRPM Trust<sup>(a),(k)</sup>  |
| CMO Series 2025-NQM3 Class A1 | CMO Series 2025-NQM3 Class A1 | CMO Series 2025-NQM3 Class A1 | CMO Series 2025-NQM3 Class A1 |
| 05/25/2070 | &nbsp;&nbsp; 5.606% | 2450599 | &nbsp;&nbsp; 2462184 |

---

Columbia Variable Portfolio – Balanced Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Balanced Fund, March 31, 2026 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| PRPM Trust<sup>(a),(b)</sup>  | PRPM Trust<sup>(a),(b)</sup>  | PRPM Trust<sup>(a),(b)</sup>  | PRPM Trust<sup>(a),(b)</sup>  |
| CMO Series 2025-NQM6 Class A1 | CMO Series 2025-NQM6 Class A1 | CMO Series 2025-NQM6 Class A1 | CMO Series 2025-NQM6 Class A1 |
| &nbsp;&nbsp; 1-month Term SOFR + 0.000% <br>10/25/2070<br>| &nbsp;&nbsp; 4.986% | 2913960 | &nbsp;&nbsp; 2897501 |
| Radnor Re Ltd.<sup>(a),(b)</sup>  | Radnor Re Ltd.<sup>(a),(b)</sup>  | Radnor Re Ltd.<sup>(a),(b)</sup>  | Radnor Re Ltd.<sup>(a),(b)</sup>  |
| Subordinated CMO Series 2021-2 Class M1B | Subordinated CMO Series 2021-2 Class M1B | Subordinated CMO Series 2021-2 Class M1B | Subordinated CMO Series 2021-2 Class M1B |
| &nbsp;&nbsp; 30-day Average SOFR + 3.700% <br>Floor 3.700% <br>11/25/2031<br>| &nbsp;&nbsp; 7.379% | 107893 | &nbsp;&nbsp; 108406 |
| Residential Mortgage Loan Trust<sup>(a),(k)</sup>  | Residential Mortgage Loan Trust<sup>(a),(k)</sup>  | Residential Mortgage Loan Trust<sup>(a),(k)</sup>  | Residential Mortgage Loan Trust<sup>(a),(k)</sup>  |
| CMO Series 2020-1 Class A3 | CMO Series 2020-1 Class A3 | CMO Series 2020-1 Class A3 | CMO Series 2020-1 Class A3 |
| 01/26/2060 | &nbsp;&nbsp; 2.684% | 3778 | &nbsp;&nbsp; 3764 |
| Spruce Hill Mortgage Loan Trust<sup>(a),(e)</sup>  | Spruce Hill Mortgage Loan Trust<sup>(a),(e)</sup>  | Spruce Hill Mortgage Loan Trust<sup>(a),(e)</sup>  | Spruce Hill Mortgage Loan Trust<sup>(a),(e)</sup>  |
| CMO Series 2022-SH1 Class A1A | CMO Series 2022-SH1 Class A1A | CMO Series 2022-SH1 Class A1A | CMO Series 2022-SH1 Class A1A |
| 07/25/2057 | &nbsp;&nbsp; 4.100% | 1990766 | &nbsp;&nbsp; 1981227 |
| Starwood Mortgage Residential Trust<sup>(a),(k)</sup>  | Starwood Mortgage Residential Trust<sup>(a),(k)</sup>  | Starwood Mortgage Residential Trust<sup>(a),(k)</sup>  | Starwood Mortgage Residential Trust<sup>(a),(k)</sup>  |
| CMO Series 2019-INV1 Class A3 | CMO Series 2019-INV1 Class A3 | CMO Series 2019-INV1 Class A3 | CMO Series 2019-INV1 Class A3 |
| 09/27/2049 | &nbsp;&nbsp; 2.916% | 46578 | &nbsp;&nbsp; 46298 |
| CMO Series 2020-INV1 Class A3 | CMO Series 2020-INV1 Class A3 | CMO Series 2020-INV1 Class A3 | CMO Series 2020-INV1 Class A3 |
| 11/25/2055 | &nbsp;&nbsp; 1.593% | 41461 | &nbsp;&nbsp; 40385 |
| CMO Series 2021-4 Class M1 | CMO Series 2021-4 Class M1 | CMO Series 2021-4 Class M1 | CMO Series 2021-4 Class M1 |
| 08/25/2056 | &nbsp;&nbsp; 2.400% | 525000 | &nbsp;&nbsp; 399961 |
| Towd Point Mortgage Trust<sup>(a),(k)</sup>  | Towd Point Mortgage Trust<sup>(a),(k)</sup>  | Towd Point Mortgage Trust<sup>(a),(k)</sup>  | Towd Point Mortgage Trust<sup>(a),(k)</sup>  |
| CMO Series 2018-1 Class A1 | CMO Series 2018-1 Class A1 | CMO Series 2018-1 Class A1 | CMO Series 2018-1 Class A1 |
| 01/25/2058 | &nbsp;&nbsp; 3.000% | 12676 | &nbsp;&nbsp; 12615 |
| CMO Series 2018-6 Class A1A | CMO Series 2018-6 Class A1A | CMO Series 2018-6 Class A1A | CMO Series 2018-6 Class A1A |
| 03/25/2058 | &nbsp;&nbsp; 3.750% | 53372 | &nbsp;&nbsp; 53143 |
| Towd Point Mortgage Trust<sup>(a),(b)</sup>  | Towd Point Mortgage Trust<sup>(a),(b)</sup>  | Towd Point Mortgage Trust<sup>(a),(b)</sup>  | Towd Point Mortgage Trust<sup>(a),(b)</sup>  |
| CMO Series 2019-HY1 Class A1 | CMO Series 2019-HY1 Class A1 | CMO Series 2019-HY1 Class A1 | CMO Series 2019-HY1 Class A1 |
| &nbsp;&nbsp; 1-month Term SOFR + 1.114% <br>10/25/2048<br>| &nbsp;&nbsp; 4.793% | 161861 | &nbsp;&nbsp; 161917 |
| CMO Series 2019-HY2 Class A1 | CMO Series 2019-HY2 Class A1 | CMO Series 2019-HY2 Class A1 | CMO Series 2019-HY2 Class A1 |
| &nbsp;&nbsp; 1-month Term SOFR + 1.114% <br>05/25/2058<br>| &nbsp;&nbsp; 4.793% | 219505 | &nbsp;&nbsp; 223960 |
| Vericrest Opportunity Loan Transferee<sup>(a),(e)</sup>  | Vericrest Opportunity Loan Transferee<sup>(a),(e)</sup>  | Vericrest Opportunity Loan Transferee<sup>(a),(e)</sup>  | Vericrest Opportunity Loan Transferee<sup>(a),(e)</sup>  |
| CMO Series 2021-NP11 Class A1 | CMO Series 2021-NP11 Class A1 | CMO Series 2021-NP11 Class A1 | CMO Series 2021-NP11 Class A1 |
| 08/25/2051 | &nbsp;&nbsp; 5.868% | 151115 | &nbsp;&nbsp; 151108 |
| Verus Securitization Trust<sup>(a),(k)</sup>  | Verus Securitization Trust<sup>(a),(k)</sup>  | Verus Securitization Trust<sup>(a),(k)</sup>  | Verus Securitization Trust<sup>(a),(k)</sup>  |
| CMO Series 2021-R1 Class A2 | CMO Series 2021-R1 Class A2 | CMO Series 2021-R1 Class A2 | CMO Series 2021-R1 Class A2 |
| 10/25/2063 | &nbsp;&nbsp; 1.057% | 44666 | &nbsp;&nbsp; 44184 |
| CMO Series 2021-R1 Class A3 | CMO Series 2021-R1 Class A3 | CMO Series 2021-R1 Class A3 | CMO Series 2021-R1 Class A3 |
| 10/25/2063 | &nbsp;&nbsp; 1.262% | 56577 | &nbsp;&nbsp; 55983 |
| Verus Securitization Trust<sup>(a),(e)</sup>  | Verus Securitization Trust<sup>(a),(e)</sup>  | Verus Securitization Trust<sup>(a),(e)</sup>  | Verus Securitization Trust<sup>(a),(e)</sup>  |
| CMO Series 2022-1 Class A1 | CMO Series 2022-1 Class A1 | CMO Series 2022-1 Class A1 | CMO Series 2022-1 Class A1 |
| 01/25/2067 | &nbsp;&nbsp; 2.724% | 2572057 | &nbsp;&nbsp; 2415832 |
| CMO Series 2023-6 Class A2 | CMO Series 2023-6 Class A2 | CMO Series 2023-6 Class A2 | CMO Series 2023-6 Class A2 |
| 09/25/2068 | &nbsp;&nbsp; 6.939% | 317631 | &nbsp;&nbsp; 318719 |
| CMO Series 2023-8 Class A1 | CMO Series 2023-8 Class A1 | CMO Series 2023-8 Class A1 | CMO Series 2023-8 Class A1 |
| 12/25/2068 | &nbsp;&nbsp; 6.259% | 267138 | &nbsp;&nbsp; 268286 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| CMO Series 2024-1 Class A1 | CMO Series 2024-1 Class A1 | CMO Series 2024-1 Class A1 | CMO Series 2024-1 Class A1 |
| 01/25/2069 | &nbsp;&nbsp; 5.712% | 1247587 | &nbsp;&nbsp; 1249631 |
| CMO Series 2024-3 Class A1 | CMO Series 2024-3 Class A1 | CMO Series 2024-3 Class A1 | CMO Series 2024-3 Class A1 |
| 04/25/2069 | &nbsp;&nbsp; 6.338% | 984509 | &nbsp;&nbsp; 992357 |
| CMO Series 2024-INV1 Class A1 | CMO Series 2024-INV1 Class A1 | CMO Series 2024-INV1 Class A1 | CMO Series 2024-INV1 Class A1 |
| 03/25/2069 | &nbsp;&nbsp; 6.116% | 921817 | &nbsp;&nbsp; 927364 |
| CMO Series 2025-7 Class A1 | CMO Series 2025-7 Class A1 | CMO Series 2025-7 Class A1 | CMO Series 2025-7 Class A1 |
| 08/25/2070 | &nbsp;&nbsp; 5.129% | 3180167 | &nbsp;&nbsp; 3173668 |
| Visio Trust<sup>(a),(k)</sup>  | Visio Trust<sup>(a),(k)</sup>  | Visio Trust<sup>(a),(k)</sup>  | Visio Trust<sup>(a),(k)</sup>  |
| CMO Series 2019-2 Class A3 | CMO Series 2019-2 Class A3 | CMO Series 2019-2 Class A3 | CMO Series 2019-2 Class A3 |
| 11/25/2054 | &nbsp;&nbsp; 3.076% | 7137 | &nbsp;&nbsp; 7099 |
| Visio Trust<sup>(a)</sup>  | Visio Trust<sup>(a)</sup>  | Visio Trust<sup>(a)</sup>  | Visio Trust<sup>(a)</sup>  |
| CMO Series 2020-1R Class A2 | CMO Series 2020-1R Class A2 | CMO Series 2020-1R Class A2 | CMO Series 2020-1R Class A2 |
| 11/25/2055 | &nbsp;&nbsp; 1.567% | 46575 | &nbsp;&nbsp; 45117 |
| CMO Series 2020-1R Class A3 | CMO Series 2020-1R Class A3 | CMO Series 2020-1R Class A3 | CMO Series 2020-1R Class A3 |
| 11/25/2055 | &nbsp;&nbsp; 1.873% | 54338 | &nbsp;&nbsp; 52727 |
| Vista Point Securitization Trust<sup>(a),(e)</sup>  | Vista Point Securitization Trust<sup>(a),(e)</sup>  | Vista Point Securitization Trust<sup>(a),(e)</sup>  | Vista Point Securitization Trust<sup>(a),(e)</sup>  |
| CMO Series 2025-CES2 Class A1 | CMO Series 2025-CES2 Class A1 | CMO Series 2025-CES2 Class A1 | CMO Series 2025-CES2 Class A1 |
| 08/25/2055 | &nbsp;&nbsp; 5.601% | 1765307 | &nbsp;&nbsp; 1769642 |
| CMO Series 2025-CES2 Class A3 | CMO Series 2025-CES2 Class A3 | CMO Series 2025-CES2 Class A3 | CMO Series 2025-CES2 Class A3 |
| 08/25/2055 | &nbsp;&nbsp; 6.117% | 1450000 | &nbsp;&nbsp; 1459950 |
| &nbsp;&nbsp; Total Residential Mortgage-Backed Securities - Non-Agency <br>(Cost $124,595,132) | &nbsp;&nbsp; Total Residential Mortgage-Backed Securities - Non-Agency <br>(Cost $124,595,132) | &nbsp;&nbsp; Total Residential Mortgage-Backed Securities - Non-Agency <br>(Cost $124,595,132) | &nbsp;&nbsp; **121907310** |
| **Senior Loans 0.0%** | **Senior Loans 0.0%** | **Senior Loans 0.0%** | **Senior Loans 0.0%** |
| **Borrower** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| **Technology 0.0%** | **Technology 0.0%** | **Technology 0.0%** | **Technology 0.0%** |
| Ascend Learning LLC<sup>(b),(l)</sup>  | Ascend Learning LLC<sup>(b),(l)</sup>  | Ascend Learning LLC<sup>(b),(l)</sup>  | Ascend Learning LLC<sup>(b),(l)</sup>  |
| Term Loan | Term Loan | Term Loan | Term Loan |
| &nbsp;&nbsp; 1-month Term SOFR + 3.000% <br>Floor 0.500% <br>12/11/2028<br>| &nbsp;&nbsp; 6.668% | 52039 | &nbsp;&nbsp; 50738 |
| &nbsp;&nbsp; Total Senior Loans <br>(Cost $51,880) | &nbsp;&nbsp; Total Senior Loans <br>(Cost $51,880) | &nbsp;&nbsp; Total Senior Loans <br>(Cost $51,880) | &nbsp;&nbsp; **50738** |
| **U.S. Treasury Obligations 0.4%** | **U.S. Treasury Obligations 0.4%** | **U.S. Treasury Obligations 0.4%** | **U.S. Treasury Obligations 0.4%** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| U.S. Treasury<sup>(j)</sup>  | U.S. Treasury<sup>(j)</sup>  | U.S. Treasury<sup>(j)</sup>  | U.S. Treasury<sup>(j)</sup>  |
| 05/15/2047 | &nbsp;&nbsp; 3.000% | 7550000 | &nbsp;&nbsp; 5610593 |
| &nbsp;&nbsp; Total U.S. Treasury Obligations <br>(Cost $6,014,906) | &nbsp;&nbsp; Total U.S. Treasury Obligations <br>(Cost $6,014,906) | &nbsp;&nbsp; Total U.S. Treasury Obligations <br>(Cost $6,014,906) | &nbsp;&nbsp; **5610593** |

---

Columbia Variable Portfolio – Balanced Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Balanced Fund, March 31, 2026 (Unaudited)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Money Market Funds 4.0%** | **Money Market Funds 4.0%** | **Money Market Funds 4.0%** |
|  | **Shares** | **Value ($)** |
| Columbia Short-Term Cash Fund, 3.790%<sup>(m),(n)</sup> <br>| &nbsp;&nbsp; 63730343 | &nbsp;&nbsp; 63704851 |
| &nbsp;&nbsp; Total Money Market Funds <br>(Cost $63,710,648) | &nbsp;&nbsp; Total Money Market Funds <br>(Cost $63,710,648) | &nbsp;&nbsp; **63704851** |
| **Total Investments in Securities** <br>**(Cost: $1,362,619,739)** | **Total Investments in Securities** <br>**(Cost: $1,362,619,739)** | &nbsp;&nbsp; **1639974404** |
| **Other Assets & Liabilities, Net** |  | &nbsp;&nbsp; **(42453777)**<br>|
| **Net Assets** | **Net Assets** | &nbsp;&nbsp; **1597520627** |

---

At March 31, 2026, securities and/or cash totaling $4,901,133 were pledged as collateral.

**Investments in derivatives** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Long futures contracts** | **Long futures contracts** | **Long futures contracts** | **Long futures contracts** | **Long futures contracts** | **Long futures contracts** | **Long futures contracts** |
| **Description** | **Number of** <br>**contracts**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Expiration** <br>**date**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Trading** <br>**currency**<br>| &nbsp;&nbsp;&nbsp; **Notional** <br>**amount**<br>| &nbsp;&nbsp;&nbsp; **Value/Unrealized** <br>**appreciation ($)**<br>| &nbsp;&nbsp;&nbsp; **Value/Unrealized** <br>**depreciation ($)**<br>|
| U.S. Long Bond | 268 | 06/2026 | USD | &nbsp;&nbsp;&nbsp;&nbsp; 30518500 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (988033)<br>|
| U.S. Treasury 10-Year Note | 573 | 06/2026 | USD | &nbsp;&nbsp;&nbsp;&nbsp; 63629859 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1246069)<br>|
| U.S. Treasury Ultra 10-Year Note | 30 | 06/2026 | USD | &nbsp;&nbsp;&nbsp;&nbsp; 3405469 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (76474)<br>|
| U.S. Treasury Ultra Bond | 171 | 06/2026 | USD | &nbsp;&nbsp;&nbsp;&nbsp; 19932188 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (682411)<br>|
| Total |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2992987)<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Short futures contracts** | **Short futures contracts** | **Short futures contracts** | **Short futures contracts** | **Short futures contracts** | **Short futures contracts** | **Short futures contracts** |
| **Description** | **Number of** <br>**contracts**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Expiration** <br>**date**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Trading** <br>**currency**<br>| &nbsp;&nbsp;&nbsp; **Notional** <br>**amount**<br>| &nbsp;&nbsp;&nbsp; **Value/Unrealized** <br>**appreciation ($)**<br>| &nbsp;&nbsp;&nbsp; **Value/Unrealized** <br>**depreciation ($)**<br>|
| U.S. Treasury 2-Year Note | (321) | 06/2026 | USD | &nbsp;&nbsp;&nbsp;&nbsp; (66589945)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 378705 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| U.S. Treasury 5-Year Note | (26) | 06/2026 | USD | &nbsp;&nbsp;&nbsp;&nbsp; (2812672)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 8243 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| Total |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; 386948 | &nbsp;&nbsp;&nbsp;&nbsp; — |

---

**Notes to Portfolio of Investments** 

&nbsp;&nbsp;&nbsp;&nbsp;(a) Represents privately placed and other securities and instruments exempt from Securities
 and Exchange Commission registration (collectively, private placements), such as Section 4(a)(2) and Rule 144A eligible securities, which are often sold only
 to qualified institutional buyers. At March 31, 2026, the total value of these securities amounted to $254,897,416, which represents 15.96% of total net assets.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Variable rate security. The interest rate shown was the current rate as of March 31,
 2026.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Non-income producing investment.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Payment-in-kind security. Interest can be paid by issuing additional par of the security
 or in cash.

&nbsp;&nbsp;&nbsp;&nbsp;(e) Represents a variable rate security with a step coupon where the rate adjusts according
 to a schedule for a series of periods, typically lower for an initial period and then increasing to a higher coupon rate thereafter. The interest rate shown was the
 current rate as of March 31, 2026.

&nbsp;&nbsp;&nbsp;&nbsp;(f) Represents a security purchased on a when-issued basis.

&nbsp;&nbsp;&nbsp;&nbsp;(g) Perpetual security with no specified maturity date.

&nbsp;&nbsp;&nbsp;&nbsp;(h) Principal and interest may not be guaranteed by a governmental entity.

&nbsp;&nbsp;&nbsp;&nbsp;(i) Represents interest only securities which have the right to receive the monthly interest
 payments on an underlying pool of mortgage loans.

&nbsp;&nbsp;&nbsp;&nbsp;(j) This security or a portion of this security has been pledged as collateral in connection
 with investments sold short and/or derivative contracts.

&nbsp;&nbsp;&nbsp;&nbsp;(k) Variable or floating rate security, the interest rate of which adjusts periodically
 based on changes in current interest rates and prepayments on the underlying pool
 of assets. The interest rate shown was the current rate as of March 31, 2026.

&nbsp;&nbsp;&nbsp;&nbsp;(l) The stated interest rate represents the weighted average interest rate at March 31,
 2026 of contracts within the senior loan facility. Interest rates on contracts are primarily determined either weekly, monthly or quarterly by reference to the indicated
 base lending rate and spread and the reset period. Base lending rates may be subject to a floor or minimum rate. The interest rate for senior loans purchased on
 a when-issued or delayed delivery basis will be determined upon settlement, therefore no interest rate is disclosed. Senior loans often require prepayments from
 excess cash flows or permit the borrowers to repay at their election. The degree to which borrowers repay cannot be predicted with accuracy. As a result, remaining maturities
 of senior loans may be less than the stated maturities. Generally, the Fund is contractually obligated to receive approval from the agent bank and/or borrower
 prior to the disposition of a senior loan.

&nbsp;&nbsp;&nbsp;&nbsp;(m) The rate shown is the seven-day current annualized yield at March 31, 2026.

Columbia Variable Portfolio – Balanced Fund \| 2026

------

Portfolio of Investments (continued)

Columbia Variable Portfolio – Balanced Fund, March 31, 2026 (Unaudited)

**Notes to Portfolio of Investments (continued)**

&nbsp;&nbsp;&nbsp;&nbsp;(n) Under the Investment Company Act of 1940, an affiliated company is one in which the Fund owns 5% or more of the company's outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the
 holdings and transactions in these affiliated companies during the period ended March 31, 2026 are as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Affiliated issuers** | **Beginning** <br>**of period($)**<br>| **Purchases($)** | **Sales($)** | **Net change in** <br>**unrealized** <br>**appreciation** <br>**(depreciation)($)**<br>| **End of** <br>**period($)**<br>| **Realized gain** <br>**(loss)($)**<br>| **Dividends($)** | **End of** <br>**period shares**<br>|
| Columbia Short-Term Cash Fund, 3.790% | Columbia Short-Term Cash Fund, 3.790% | Columbia Short-Term Cash Fund, 3.790% | Columbia Short-Term Cash Fund, 3.790% | Columbia Short-Term Cash Fund, 3.790% | Columbia Short-Term Cash Fund, 3.790% | Columbia Short-Term Cash Fund, 3.790% | Columbia Short-Term Cash Fund, 3.790% | Columbia Short-Term Cash Fund, 3.790% |
|  | 70792807 | &nbsp;&nbsp; 118230790 | &nbsp;&nbsp; (125314036)<br>| &nbsp;&nbsp; (4710)<br>| &nbsp;&nbsp; 63704851 | &nbsp;&nbsp; 301 | &nbsp;&nbsp; 569268 | &nbsp;&nbsp; 63730343 |

---

**Abbreviation Legend** 

CMO Collateralized Mortgage Obligation <br> SOFR Secured Overnight Financing Rate <br> TBA To Be Announced

**Currency Legend** 

USD US Dollar

Investments are valued using policies described in the Notes to Financial Statements included within the most recent financial statements and additional information.

Columbia Variable Portfolio – Balanced Fund \| 2026

------

[THIS PAGE INTENTIONALLY LEFT BLANK]

------

You may at any time request, free of charge, to receive a paper copy of this report by calling 800.345.6611.

1QT7000_(05/26)

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Columbia Funds Variable Series Trust II

- **b. Investment Company Act file number:** 811-22127

- **c. CIK number of Registrant:** 0001413032

- **d. LEI of Registrant:** 54930017CSZ4UCL7G406

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

  - **Street Address 1:** 290 Congress Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

  - **Telephone number:** 1800-345-6611

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

- **a. Name of Series:** Columbia Variable Portfolio - Balanced Fund

- **b. EDGAR series identifier (if any):** S000019838

- **c. LEI of Series:** BP7VEYBDB8571LB64036

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

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**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:** $1643527730.96

**Total Liabilities:** $44925146.12

**Net Assets:** $1598602584.84

**Delayed Delivery Securities:** $44497580.86

**Cash Not Reported:** $17125.62

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 24511.16000000 | **1-Year:** 6001.46000000 | **5-Year:** 17069.39000000 | **10-Year:** 43159.08000000 | **30-Year:** 135765.02000000

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

- **3-Month:** 0.39000000 | **1-Year:** 794.86000000 | **5-Year:** 9277.76000000 | **10-Year:** 4280.61000000 | **30-Year:** 11647.93000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000055675 | 0.48%                | -0.33%               | -3.69%               |
| Class ID C000143976 | 0.48%                | -0.30%               | -3.69%               |
| Class ID C000143977 | 0.46%                | -0.33%               | -3.69%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $6860196.07              | $-350043.04                                |
| Month 2  | $8490464.91              | $-19617607.42                              |
| Month 3  | $12050335.24             | $-71766184.04                              |

**Designated Index Information**

- **Index Name:** 60% SNP500 / 40% LEH_AGG Index

- **Index Identifier:** SNPLEHAGU

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| A&D MTG TR ADMT_24-NQM2                              | A&D MTG TR ADMT_24-NQM2                                                          | CUSIP: 00002NAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   3072931 | PA      | $3101055.96   | 0.19%             | 2069-04-25      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| A&D Mortgage Trust                                   | A&D Mortgage Trust 2026-NQM1                                                     | CUSIP: 00040DAC7<br>LEI: 984500FEB1BEC4C6Y473 | Long             | ABS-MBS          | CORP              | US        |   1975212 | PA      | $1960899.62   | 0.12%             | 2071-02-25      | Variable      | 4.91%                 | No            |                  2 | On Loan: No      |
| ACHV ABS TRUST                                       | ACHV ABS TRUST 2024-1PL                                                          | CUSIP: 00092BAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     45052 | PA      | $45191.17     | 0.00%             | 2031-04-25      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| ACHV ABS TRUST                                       | ACHV ABS TRUST 2024-1PL                                                          | CUSIP: 00092BAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    118266 | PA      | $119271.45    | 0.01%             | 2031-04-25      | Fixed         | 6.34%                 | No            |                  2 | On Loan: No      |
| Achieve Mortgage                                     | ACHM Trust 2025-HE2                                                              | CUSIP: 00112XAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3966981 | PA      | $3971072.92   | 0.25%             | 2055-08-25      | Variable      | 5.47%                 | No            |                  2 | On Loan: No      |
| APLD COMPUTECO LLC                                   | APLD ComputeCo LLC                                                               | CUSIP: 00202DAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    120000 | PA      | $123647.93    | 0.01%             | 2030-12-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| A&D Mortgage Trust                                   | A&D Mortgage Trust 2025-NQM3                                                     | CUSIP: 00250FAC7<br>LEI: 984500D4480E0AE81M71 | Long             | ABS-MBS          | CORP              | US        |   2261356 | PA      | $2263785.88   | 0.14%             | 2070-08-25      | Variable      | 5.37%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES/AADVAN                             | American Airlines Inc/AAdvantage Loyalty IP Ltd                                  | CUSIP: 00253XAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     50290 | PA      | $49898.33     | 0.00%             | 2029-04-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Abbott Laboratories                                  | Abbott Laboratories                                                              | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |     77446 | NS      | $7951380.82   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| ABBOTT LABORATORIES                                  | Abbott Laboratories                                                              | CUSIP: 002824BU3<br>LEI: HQD377W2YR662HK5JX27 | Long             | DBT              | CORP              | US        |   2384000 | PA      | $2329173.77   | 0.15%             | 2036-03-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| AbbVie Inc                                           | AbbVie Inc                                                                       | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     59194 | NS      | $12874103.06  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| ABBVIE INC                                           | AbbVie Inc                                                                       | CUSIP: 00287YBX6<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |   1232000 | PA      | $1186001.57   | 0.07%             | 2029-11-21      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                           | AbbVie Inc                                                                       | CUSIP: 00287YDS5<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |   4131000 | PA      | $4197596.82   | 0.26%             | 2029-03-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| A&D Mortgage Trust                                   | A&D Mortgage Trust 2025-NQM4                                                     | CUSIP: 002941AA0<br>LEI: 9845006Y6D399D9E8O78 | Long             | ABS-MBS          | CORP              | US        |   2336348 | PA      | $2333372.37   | 0.15%             | 2070-10-25      | Variable      | 5.23%                 | No            |                  2 | On Loan: No      |
| ACADIA HEALTHCARE CO INC                             | Acadia Healthcare Co Inc                                                         | CUSIP: 00404AAN9<br>LEI: 5493005CW985Y9D0NC11 | Long             | DBT              | CORP              | US        |     58000 | PA      | $57604.31     | 0.00%             | 2028-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ACADIA HEALTHCARE CO INC                             | Acadia Healthcare Co Inc                                                         | CUSIP: 00404AAP4<br>LEI: 5493005CW985Y9D0NC11 | Long             | DBT              | CORP              | US        |     51000 | PA      | $49693.02     | 0.00%             | 2029-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ACADIA HEALTHCARE CO INC                             | Acadia Healthcare Co Inc                                                         | CUSIP: 00404AAQ2<br>LEI: 5493005CW985Y9D0NC11 | Long             | DBT              | CORP              | US        |     76000 | PA      | $77942.27     | 0.00%             | 2033-03-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC / FIN INC                               | Acrisure LLC / Acrisure Finance Inc                                              | CUSIP: 00489LAH6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     31000 | PA      | $29114.17     | 0.00%             | 2029-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC / FIN INC                               | Acrisure LLC / Acrisure Finance Inc                                              | CUSIP: 00489LAK9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     55000 | PA      | $54415.56     | 0.00%             | 2029-02-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC / FIN INC                               | Acrisure LLC / Acrisure Finance Inc                                              | CUSIP: 00489LAL7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     82000 | PA      | $82023.49     | 0.01%             | 2030-11-06      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC / FIN INC                               | Acrisure LLC / Acrisure Finance Inc                                              | CUSIP: 004961AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     21000 | PA      | $20187.47     | 0.00%             | 2032-07-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ADVANCE AUTO PARTS                                   | Advance Auto Parts Inc                                                           | CUSIP: 00751YAK2<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |     39000 | PA      | $39490.12     | 0.00%             | 2030-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ADVANCE AUTO PARTS                                   | Advance Auto Parts Inc                                                           | CUSIP: 00751YAL0<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |     40000 | PA      | $40422.05     | 0.00%             | 2033-08-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| OSAIC HOLDINGS INC                                   | Osaic Holdings Inc                                                               | CUSIP: 00791GAB3<br>LEI: 549300XL60BDV6UW5C86 | Long             | DBT              | CORP              | US        |     73000 | PA      | $72913.57     | 0.00%             | 2032-08-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| OSAIC HOLDINGS INC                                   | Osaic Holdings Inc                                                               | CUSIP: 00791GAC1<br>LEI: 549300XL60BDV6UW5C86 | Long             | DBT              | CORP              | US        |     74000 | PA      | $73067.26     | 0.00%             | 2033-08-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Affirm Inc                                           | Affirm Asset Securitization Trust 2024-B                                         | CUSIP: 00835AAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $1503195.45   | 0.09%             | 2029-09-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Ajax Mortgage Loan Trust                             | Ajax Mortgage Loan Trust 2021-A                                                  | CUSIP: 00971AAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1461456 | PA      | $1335163.97   | 0.08%             | 2065-09-25      | Variable      | 1.07%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                               | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC            | CUSIP: 013092AG6<br>LEI: 549300YKWOC0AOR16R51 | Long             | DBT              | CORP              | US        |     23000 | PA      | $21934.02     | 0.00%             | 2029-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS INC                                   | Albertsons Cos Inc                                                               | CUSIP: 01309QAE8<br>LEI: 549300YKWOC0AOR16R51 | Long             | DBT              | CORP              | US        |     67000 | PA      | $65927.41     | 0.00%             | 2032-03-31      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| ALCOA NEDERLAND HOLDING                              | Alcoa Nederland Holding BV                                                       | CUSIP: 013822AH4<br>LEI: 5493000UL1QLQLT1VQ42 | Long             | DBT              | CORP              | NL        |     13000 | PA      | $13596.12     | 0.00%             | 2031-03-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| ATI INC                                              | ATI Inc                                                                          | CUSIP: 01741RAL6<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | DBT              | CORP              | US        |     21000 | PA      | $20723.45     | 0.00%             | 2029-10-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ATI INC                                              | ATI Inc                                                                          | CUSIP: 01741RAM4<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | DBT              | CORP              | US        |     52000 | PA      | $51366.88     | 0.00%             | 2031-10-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| BREAD FINANCIAL HLDGS                                | Bread Financial Holdings Inc                                                     | CUSIP: 018581AR9<br>LEI: 549300G8S4PO686J7H97 | Long             | DBT              | CORP              | US        |     11000 | PA      | $10915.30     | 0.00%             | 2031-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                             | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $29992.56     | 0.00%             | 2027-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                             | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAD5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     54000 | PA      | $52421.08     | 0.00%             | 2029-11-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                             | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     32000 | PA      | $32168.06     | 0.00%             | 2028-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                             | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAF0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    144000 | PA      | $145226.68    | 0.01%             | 2031-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                             | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     15000 | PA      | $14805.15     | 0.00%             | 2031-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                             | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAH6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    105000 | PA      | $103068.74    | 0.01%             | 2032-10-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                            | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F030447<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1825000 | PA      | $1742813.59   | 0.11%             | 2041-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                            | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F030645<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  16000000 | PA      | $14050871.20  | 0.88%             | 2056-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                            | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F032443<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4600000 | PA      | $4427737.96   | 0.28%             | 2041-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                            | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F032641<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   8000000 | PA      | $7333152.24   | 0.46%             | 2056-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                            | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F040446<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $976533.26    | 0.06%             | 2041-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                            | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F040644<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1400000 | PA      | $1320933.10   | 0.08%             | 2056-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                            | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F050643<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   8500000 | PA      | $8382076.44   | 0.52%             | 2056-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                            | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F052649<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   5500000 | PA      | $5525332.51   | 0.35%             | 2056-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                                   | Ally Financial Inc                                                               | CUSIP: 02005NBY5<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |      6000 | PA      | $5786.47      | 0.00%             | 2040-01-17      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| ALPHA GENERATION LLC                                 | Alpha Generation LLC                                                             | CUSIP: 02073LAA9<br>LEI: 254900K5V62L4YGVKF49 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30465.61     | 0.00%             | 2032-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ALPHA GENERATION LLC                                 | Alpha Generation LLC                                                             | CUSIP: 02073LAC5<br>LEI: 254900K5V62L4YGVKF49 | Long             | DBT              | CORP              | US        |     26000 | PA      | $25599.36     | 0.00%             | 2034-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Alphabet Inc                                         | Alphabet Inc                                                                     | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     84815 | NS      | $24330030.90  | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                                         | Alphabet Inc                                                                     | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    103367 | NS      | $29724214.52  | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC                                         | Alphabet Inc                                                                     | CUSIP: 02079KBN6<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |    940000 | PA      | $932471.76    | 0.06%             | 2046-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Amazon.com Inc                                       | Amazon.com Inc                                                                   | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    217843 | NS      | $45370161.61  | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM INC                                       | Amazon.com Inc                                                                   | CUSIP: 023135DF0<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    884000 | PA      | $875763.91    | 0.05%             | 2036-03-13      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                       | Amazon.com Inc                                                                   | CUSIP: 023135DG8<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    610000 | PA      | $608000.98    | 0.04%             | 2046-03-13      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| AMENTUM HOLDINGS INC                                 | Amentum Holdings Inc                                                             | CUSIP: 02352BAA3<br>LEI: 2549009FJIBLW40CU216 | Long             | DBT              | CORP              | US        |     89000 | PA      | $92152.13     | 0.01%             | 2032-08-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| AMERICAN AXLE & MFG INC                              | American Axle & Manufacturing Inc                                                | CUSIP: 02406PBB5<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |     19000 | PA      | $18113.04     | 0.00%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN AXLE & MFG INC                              | American Axle & Manufacturing Inc                                                | CUSIP: 02406PBC3<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |     24000 | PA      | $23747.70     | 0.00%             | 2032-10-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| AMERICAN AXLE & MFG INC                              | American Axle & Manufacturing Inc                                                | CUSIP: 02406PBD1<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |    103000 | PA      | $100287.09    | 0.01%             | 2033-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| ABC SUPPLY CO INC                                    | American Builders & Contractors Supply Co Inc                                    | CUSIP: 024747AG2<br>LEI: 549300H5GQ4C1BEKG397 | Long             | DBT              | CORP              | US        |     83000 | PA      | $78691.52     | 0.00%             | 2029-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| American Credit Acceptance Receivables Trust         | American Credit Acceptance Receivables Trust 2023-3                              | CUSIP: 02530EAE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    309589 | PA      | $310375.77    | 0.02%             | 2029-10-12      | Fixed         | 6.44%                 | No            |                  2 | On Loan: No      |
| AMERIGAS PART/FIN CORP                               | AmeriGas Partners LP / AmeriGas Finance Corp                                     | CUSIP: 030981AP9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $42388.94     | 0.00%             | 2030-06-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                            | Amgen Inc                                                                        | CUSIP: 031162DR8<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |   1240000 | PA      | $1272254.08   | 0.08%             | 2033-03-02      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| AMWINS GROUP INC                                     | AmWINS Group Inc                                                                 | CUSIP: 031921AC3<br>LEI: 549300SJE7MUB8NMRG61 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50400.19     | 0.00%             | 2029-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| AMSTED INDUSTRIES                                    | Amsted Industries Inc                                                            | CUSIP: 032177AK3<br>LEI: N2VLGYMEEBIU3PFSUY86 | Long             | DBT              | CORP              | US        |      4000 | PA      | $4024.04      | 0.00%             | 2033-03-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                             | Angel Oak Mortgage Trust 2020-R1                                                 | CUSIP: 034651AA7<br>LEI: 2549003MM0537Y3QHI22 | Long             | ABS-MBS          | CORP              | US        |    188233 | PA      | $180374.88    | 0.01%             | 2053-04-25      | Variable      | 0.99%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                             | ANGEL OAK MORTGAGE TRUST AOMT_20-6                                               | CUSIP: 03465AAC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     78506 | PA      | $73481.89     | 0.00%             | 2065-05-25      | Variable      | 1.78%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                             | Angel Oak Mortgage Trust 2020-6                                                  | CUSIP: 03465AAD1<br>LEI: 2549003MM0537Y3QHI22 | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $354290.64    | 0.02%             | 2065-05-25      | Variable      | 2.81%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                             | Angel Oak Mortgage Trust 2022-6                                                  | CUSIP: 03465VAA1<br>LEI: 2549003MM0537Y3QHI22 | Long             | ABS-MBS          | CORP              | US        |   3154338 | PA      | $3137824.29   | 0.20%             | 2067-07-25      | Variable      | 4.30%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                             | Angel Oak Mortgage Trust 2025-13                                                 | CUSIP: 034952AC5<br>LEI: 254900E0MZH4LYHYEK54 | Long             | ABS-MBS          | CORP              | US        |   1554415 | PA      | $1543690.11   | 0.10%             | 2070-10-25      | Variable      | 4.93%                 | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PART/FI                             | Antero Midstream Partners LP / Antero Midstream Finance Corp                     | CUSIP: 03690AAK2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    128000 | PA      | $131010.52    | 0.01%             | 2032-02-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| APA CORP                                             | APA Corp                                                                         | CUSIP: 03743QAT5<br>LEI: 549300VCIWLRHYVSHC79 | Long             | DBT              | CORP              | US        |    482000 | PA      | $484271.29    | 0.03%             | 2055-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| APID_12-11A                                          | APID_12-11A                                                                      | CUSIP: 03763YCA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   1925000 | PA      | $1925063.53   | 0.12%             | 2034-04-17      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| APLD COMPUTECO 2 LLC                                 | APLD ComputeCo 2 LLC                                                             | CUSIP: 03772CAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    107000 | PA      | $106393.18    | 0.01%             | 2031-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                            | Apple Inc                                                                        | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    234298 | NS      | $59462489.42  | 3.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc                                | Applied Materials Inc                                                            | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |     33498 | NS      | $11449281.42  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| ARCHES BUYER INC                                     | Arches Buyer Inc                                                                 | CUSIP: 039524AA1<br>LEI: 2549009ADY4208OH2Y47 | Long             | DBT              | CORP              | US        |     46000 | PA      | $44345.17     | 0.00%             | 2028-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ARCHES BUYER INC                                     | Arches Buyer Inc                                                                 | CUSIP: 039524AB9<br>LEI: 2549009ADY4208OH2Y47 | Long             | DBT              | CORP              | US        |    138000 | PA      | $132250.07    | 0.01%             | 2028-12-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| ARCHROCK SERVICES/PARTNE                             | Archrock Services LP / Archrock Partners Finance Corp                            | CUSIP: 03958CAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     66000 | PA      | $65375.51     | 0.00%             | 2034-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ARCHROCK PARTNERS LP/FIN                             | Archrock Partners LP / Archrock Partners Finance Corp                            | CUSIP: 03959KAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     51000 | PA      | $51000.00     | 0.00%             | 2028-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ARCHROCK PARTNERS LP/FIN                             | Archrock Partners LP / Archrock Partners Finance Corp                            | CUSIP: 03959KAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $30591.32     | 0.00%             | 2032-09-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| ARDAGH METAL PACKAGING                               | Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC      | CUSIP: 03969YAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    152000 | PA      | $139167.60    | 0.01%             | 2029-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ARDAGH METAL PACKAGING                               | Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC      | CUSIP: 03969YAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     26000 | PA      | $25763.77     | 0.00%             | 2031-01-30      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ARDONAGH FINCO LTD                                   | Ardonagh Finco Ltd                                                               | CUSIP: 039853AA4<br>LEI: 254900D2T84O1K03BA28 | Long             | DBT              | CORP              | JE        |    103000 | PA      | $104053.34    | 0.01%             | 2031-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| ARDONAGH GROUP FINANCE                               | Ardonagh Group Finance Ltd                                                       | CUSIP: 039956AA5<br>LEI: 254900SRT1BTAJ76NW62 | Long             | DBT              | CORP              | JE        |    133000 | PA      | $129117.61    | 0.01%             | 2032-02-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| ARETEC GROUP INC                                     | Aretec Group Inc                                                                 | CUSIP: 040133AA8<br>LEI: 549300NV2T8A33L0PQ58 | Long             | DBT              | CORP              | US        |     45000 | PA      | $44561.65     | 0.00%             | 2029-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ARETEC GROUP INC                                     | Aretec Group Inc                                                                 | CUSIP: 04020JAA4<br>LEI: 549300NV2T8A33L0PQ58 | Long             | DBT              | CORP              | US        |     59000 | PA      | $62674.68     | 0.00%             | 2030-08-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP                              | Asbury Automotive Group Inc                                                      | CUSIP: 043436AW4<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |     54000 | PA      | $52168.28     | 0.00%             | 2029-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| ASURION LLC/ASURION CO                               | Asurion LLC/ Asurion Co-Issuer Inc                                               | CUSIP: 045941AB7<br>LEI: 549300KNQVXGIOXWK278 | Long             | DBT              | CORP              | US        |     23000 | PA      | $22402.59     | 0.00%             | 2034-02-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| AVANTOR FUNDING INC                                  | Avantor Funding Inc                                                              | CUSIP: 05352TAA7<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24395.48     | 0.00%             | 2028-07-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| AVANTOR FUNDING INC                                  | Avantor Funding Inc                                                              | CUSIP: 05352TAB5<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |     83000 | PA      | $77872.86     | 0.00%             | 2029-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| AVIENT CORP                                          | Avient Corp                                                                      | CUSIP: 05368VAB2<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | DBT              | CORP              | US        |     23000 | PA      | $23155.39     | 0.00%             | 2031-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET CAR/FINANCE                              | Avis Budget Car Rental LLC / Avis Budget Finance Inc                             | CUSIP: 053773BH9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     34000 | PA      | $33149.73     | 0.00%             | 2031-02-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET CAR/FINANCE                              | Avis Budget Car Rental LLC / Avis Budget Finance Inc                             | CUSIP: 053773BJ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     53000 | PA      | $53343.05     | 0.00%             | 2030-01-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET CAR/FINANCE                              | Avis Budget Car Rental LLC / Avis Budget Finance Inc                             | CUSIP: 053773BK2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     33000 | PA      | $32867.72     | 0.00%             | 2032-06-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding AESOP LLC             | Avis Budget Rental Car Funding AESOP LLC                                         | CUSIP: 05377REH3<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |   3333333 | PA      | $3312468.34   | 0.21%             | 2027-08-20      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| AXALTA COAT/DUTCH HLD BV                             | Axalta Coating Systems LLC / Axalta Coating Systems Dutch Holding B BV           | CUSIP: 05454NAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     35000 | PA      | $34763.87     | 0.00%             | 2027-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BAE SYSTEMS PLC                                      | BAE Systems PLC                                                                  | CUSIP: 05523RAF4<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | DBT              | CORP              | GB        |    580000 | PA      | $510850.92    | 0.03%             | 2031-02-15      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| BAE SYSTEMS PLC                                      | BAE Systems PLC                                                                  | CUSIP: 05523RAJ6<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | DBT              | CORP              | GB        |    803000 | PA      | $819528.24    | 0.05%             | 2029-03-26      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| LBM ACQUISITION LLC                                  | LBM Acquisition LLC                                                              | CUSIP: 05552BAA4<br>LEI: 549300FAEB3VWZL4NI86 | Long             | DBT              | CORP              | US        |     34000 | PA      | $24898.06     | 0.00%             | 2029-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BX Trust                                             | BX Trust 2023-LIFE                                                               | CUSIP: 05609DAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1175000 | PA      | $1157450.77   | 0.07%             | 2028-02-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| BX Trust                                             | BX 2021-LBA3 Mortgage Trust                                                      | CUSIP: 05609PAL2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2175000 | PA      | $2164124.35   | 0.14%             | 2036-10-15      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| Bain Capital Credit CLO, Limited                     | Bain Capital Credit CLO 2019-1                                                   | CUSIP: 05683VBJ2<br>LEI: 549300B0VI605XM3L529 | Long             | ABS-CBDO         | CORP              | KY        |   1350000 | PA      | $1344347.55   | 0.08%             | 2034-04-19      | Floating      | 4.64%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                 | Bank of America Corp                                                             | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |    260847 | NS      | $12716291.25  | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORP                                 | Bank of America Corp                                                             | CUSIP: 06051GKK4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   5680000 | PA      | $5141110.61   | 0.32%             | 2033-02-04      | Fixed         | 2.97%                 | No            |                  2 | On Loan: No      |
| BACARDI LTD                                          | Bacardi Ltd                                                                      | CUSIP: 067316AF6<br>LEI: 549300R32WTQNHNN5055 | Long             | DBT              | CORP              | BM        |    241000 | PA      | $240590.67    | 0.02%             | 2028-05-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| BACARDI LTD                                          | Bacardi Ltd                                                                      | CUSIP: 067316AG4<br>LEI: 549300R32WTQNHNN5055 | Long             | DBT              | CORP              | BM        |   3500000 | PA      | $3246174.41   | 0.20%             | 2038-05-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Basswood Park CLO Ltd                                | Basswood Park CLO Ltd                                                            | CUSIP: 070252AJ0<br>LEI: 5493005HSAGIQZIVAS94 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $2994747.00   | 0.19%             | 2034-04-20      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| BAUSCH + LOMB CORP                                   | Bausch + Lomb Corp                                                               | CUSIP: 071705AA5<br>LEI: 549300NY6OZM39SO6475 | Long             | DBT              | CORP              | CA        |     32000 | PA      | $33113.59     | 0.00%             | 2028-10-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                                | Bausch Health Cos Inc                                                            | CUSIP: 071734AK3<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |     17000 | PA      | $12747.40     | 0.00%             | 2029-02-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                                | Bausch Health Cos Inc                                                            | CUSIP: 071734AN7<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |     20000 | PA      | $18356.11     | 0.00%             | 2028-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                                | Bausch Health Cos Inc                                                            | CUSIP: 071734AQ0<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |     11000 | PA      | $11252.33     | 0.00%             | 2028-09-30      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| Bayview Opportunity Master Fund VII                  | Bayview Opportunity Master Fund VII 2024-CAR1 LLC                                | CUSIP: 07336QAB8<br>LEI: 254900S53K9VTUR1UX42 | Long             | ABS-O            | CORP              | US        |     82385 | PA      | $82571.98     | 0.01%             | 2031-12-26      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| Bayview Opportunity Master Fund VII                  | Bayview Opportunity Master Fund VII 2024-CAR1 LLC                                | CUSIP: 07336QAC6<br>LEI: 254900S53K9VTUR1UX42 | Long             | ABS-O            | CORP              | US        |     82385 | PA      | $82638.73     | 0.01%             | 2031-12-26      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| BEACH ACQUISITION BIDCO                              | Beach Acquisition Bidco LLC                                                      | CUSIP: 07337JAC1<br>LEI: 254900F2FNX3GBTB6202 | Long             | DBT              | CORP              | US        |    121729 | PA      | $129399.89    | 0.01%             | 2033-07-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| BELRON UK FINANCE PLC                                | Belron UK Finance PLC                                                            | CUSIP: 080782AA3<br>LEI: 9845006BC9D1A77B8178 | Long             | DBT              | CORP              | GB        |     15000 | PA      | $15077.00     | 0.00%             | 2029-10-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Berkshire Hathaway Inc                               | Berkshire Hathaway Inc                                                           | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |     41802 | NS      | $20031518.40  | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACK PEARL COMPUTE LLC                              | Black Pearl Compute LLC                                                          | CUSIP: 09216NAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     65000 | PA      | $66190.01     | 0.00%             | 2031-02-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Blackrock Inc                                        | Blackrock Inc                                                                    | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |     13843 | NS      | $13312951.53  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Boeing Co/The                                        | Boeing Co/The                                                                    | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |     62007 | NS      | $12341253.21  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| BOEING CO                                            | Boeing Co/The                                                                    | CUSIP: 097023CR4<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    808000 | PA      | $555652.92    | 0.03%             | 2059-08-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                            | Boeing Co/The                                                                    | CUSIP: 097023CV5<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   1505000 | PA      | $1507571.48   | 0.09%             | 2040-05-01      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| Boston Scientific Corp                               | Boston Scientific Corp                                                           | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |     69012 | NS      | $4330503.00   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| BOYNE USA INC                                        | Boyne USA Inc                                                                    | CUSIP: 103557AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     80000 | PA      | $77682.99     | 0.00%             | 2029-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                               | BP Capital Markets America Inc                                                   | CUSIP: 10373QBS8<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |    840000 | PA      | $531809.09    | 0.03%             | 2052-03-17      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                               | BP Capital Markets America Inc                                                   | CUSIP: 10373QBY5<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1723245.84   | 0.11%             | 2027-11-17      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust                      | BRAVO Residential Funding Trust 2023-NQM8                                        | CUSIP: 10567MAA3<br>LEI: 2549000KHGUZMZ31N203 | Long             | ABS-MBS          | CORP              | US        |    295799 | PA      | $296879.94    | 0.02%             | 2063-10-25      | Variable      | 6.39%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust                      | BRAVO Residential Funding Trust 2020-RPL1                                        | CUSIP: 10568YAA6<br>LEI: 2549000KHGUZMZ31N203 | Long             | ABS-MBS          | CORP              | US        |    136020 | PA      | $134364.87    | 0.01%             | 2059-05-26      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust                      | BRAVO Residential Funding Trust 2021-NQM2                                        | CUSIP: 10569EAC5<br>LEI: 2549000KHGUZMZ31N203 | Long             | ABS-MBS          | CORP              | US        |     41773 | PA      | $41175.26     | 0.00%             | 2060-03-25      | Variable      | 1.44%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust                      | BRAVO RESIDENTIAL FUNDING TRUST BRAVO_21-NQM2                                    | CUSIP: 10569EAE1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    425000 | PA      | $399373.35    | 0.02%             | 2060-03-25      | Variable      | 3.04%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust                      | BRAVO Residential Funding Trust 2024-NQM2                                        | CUSIP: 10569KAA5<br>LEI: 2549000KHGUZMZ31N203 | Long             | ABS-MBS          | CORP              | US        |    774516 | PA      | $778630.48    | 0.05%             | 2064-02-25      | Variable      | 6.29%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust                      | BRAVO Residential Funding Trust 2024-NQM3                                        | CUSIP: 10569LAA3<br>LEI: 2549000KHGUZMZ31N203 | Long             | ABS-MBS          | CORP              | US        |   1130566 | PA      | $1136803.40   | 0.07%             | 2064-03-25      | Variable      | 6.19%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust                      | BRAVO Residential Funding Trust 2021-NQM1                                        | CUSIP: 10569TAA6<br>LEI: 2549000KHGUZMZ31N203 | Long             | ABS-MBS          | CORP              | US        |    506786 | PA      | $475473.06    | 0.03%             | 2049-02-25      | Variable      | 0.94%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust                      | BRAVO Residential Funding Trust 2021-NQM1                                        | CUSIP: 10569TAC2<br>LEI: 2549000KHGUZMZ31N203 | Long             | ABS-MBS          | CORP              | US        |    206470 | PA      | $194612.07    | 0.01%             | 2049-02-25      | Variable      | 1.33%                 | No            |                  2 | On Loan: No      |
| Broadcom Inc                                         | Broadcom Inc                                                                     | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     83900 | NS      | $25967889.00  | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADCOM INC                                         | Broadcom Inc                                                                     | CUSIP: 11135FBQ3<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   1774000 | PA      | $1482676.41   | 0.09%             | 2036-11-15      | Fixed         | 3.19%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                         | Broadcom Inc                                                                     | CUSIP: 11135FCE9<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    808000 | PA      | $817218.97    | 0.05%             | 2028-04-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| BROADSTREET PARTNERS GRP                             | Broadstreet Partners Group LLC                                                   | CUSIP: 11135RAA3<br>LEI: 549300BS9N54G8DD0R75 | Long             | DBT              | CORP              | US        |    107000 | PA      | $104264.07    | 0.01%             | 2029-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                               | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPBT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     17000 | PA      | $17003.09     | 0.00%             | 2027-05-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                               | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPBX0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     62000 | PA      | $61429.12     | 0.00%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                               | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     66000 | PA      | $65109.23     | 0.00%             | 2029-06-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                               | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    131000 | PA      | $124250.99    | 0.01%             | 2030-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                               | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    221000 | PA      | $206259.84    | 0.01%             | 2030-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                               | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCN1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     57000 | PA      | $50966.92     | 0.00%             | 2032-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                               | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     77000 | PA      | $65876.30     | 0.00%             | 2034-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                               | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     56000 | PA      | $50764.62     | 0.00%             | 2032-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CHURCHILL DOWNS INC                                  | Churchill Downs Inc                                                              | CUSIP: 12511VAA6<br>LEI: 529900FODTBQC8MIS994 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29726.38     | 0.00%             | 2030-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CD&R SMOKEY / RADIO SYS                              | CD&R Smokey Buyer Inc / Radio Systems Corp                                       | CUSIP: 12515KAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     13000 | PA      | $11024.63     | 0.00%             | 2029-10-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                             | CHS/Community Health Systems Inc                                                 | CUSIP: 12543DBJ8<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |     53000 | PA      | $50911.94     | 0.00%             | 2029-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                             | CHS/Community Health Systems Inc                                                 | CUSIP: 12543DBM1<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |     82000 | PA      | $77264.37     | 0.00%             | 2030-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                             | CHS/Community Health Systems Inc                                                 | CUSIP: 12543DBN9<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |     15000 | PA      | $16115.26     | 0.00%             | 2032-01-15      | Fixed         | 10.88%                | No            |                  2 | On Loan: No      |
| Cigna Group/The                                      | Cigna Group/The                                                                  | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |     30153 | NS      | $8043312.75   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| CHNGE Mortgage Trust                                 | CHNGE Mortgage Trust 2022-NQM1                                                   | CUSIP: 12569CAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    580142 | PA      | $578360.80    | 0.04%             | 2067-06-25      | Variable      | 5.19%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                         | CSMC 2019-AFC1 Trust                                                             | CUSIP: 12596XAA0<br>LEI: 549300818AKCJ4Q9TD76 | Long             | ABS-MBS          | CORP              | US        |    214393 | PA      | $206631.28    | 0.01%             | 2049-07-25      | Variable      | 3.57%                 | No            |                  2 | On Loan: No      |
| CP ATLAS BUYER INC                                   | CP Atlas Buyer Inc                                                               | CUSIP: 12597YAC3<br>LEI: 2549006ZZ07G0NDDCR36 | Long             | DBT              | CORP              | US        |     22000 | PA      | $20715.42     | 0.00%             | 2030-07-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                     | CSC Holdings LLC                                                                 | CUSIP: 126307AQ0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |      9000 | PA      | $7810.35      | 0.00%             | 2027-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                     | CSC Holdings LLC                                                                 | CUSIP: 126307AS6<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |     18000 | PA      | $13324.82     | 0.00%             | 2028-02-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                     | CSC Holdings LLC                                                                 | CUSIP: 126307AZ0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    109000 | PA      | $69573.63     | 0.00%             | 2029-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                     | CSC Holdings LLC                                                                 | CUSIP: 126307BA4<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |     43000 | PA      | $16155.60     | 0.00%             | 2030-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                     | CSC Holdings LLC                                                                 | CUSIP: 126307BF3<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |     52000 | PA      | $30535.77     | 0.00%             | 2031-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                         | CSMC 2020-RPL4 Trust                                                             | CUSIP: 126405AA7<br>LEI: 549300818AKCJ4Q9TD76 | Long             | ABS-MBS          | CORP              | US        |    433012 | PA      | $390368.15    | 0.02%             | 2060-01-25      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                         | CREDIT SUISSE MORTGAGE TRUST CSMC_21-NQM1                                        | CUSIP: 126407AC9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    134682 | PA      | $121234.91    | 0.01%             | 2065-05-25      | Variable      | 1.20%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                         | CREDIT SUISSE MORTGAGE TRUST CSMC_21-NQM1                                        | CUSIP: 126407AD7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    175000 | PA      | $136631.09    | 0.01%             | 2065-05-25      | Variable      | 2.13%                 | No            |                  2 | On Loan: No      |
| CNX RESOURCES CORP                                   | CNX Resources Corp                                                               | CUSIP: 12653CAL2<br>LEI: 549300JK3KH8PWM3B226 | Long             | DBT              | CORP              | US        |     32000 | PA      | $32882.26     | 0.00%             | 2032-03-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| CNX RESOURCES CORP                                   | CNX Resources Corp                                                               | CUSIP: 12653CAM0<br>LEI: 549300JK3KH8PWM3B226 | Long             | DBT              | CORP              | US        |     64000 | PA      | $62295.96     | 0.00%             | 2034-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CNX MIDSTREAM PART LP                                | CNX Midstream Partners LP                                                        | CUSIP: 12654AAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $71471.67     | 0.00%             | 2030-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                         | CSMC 2018-RPL9 Trust                                                             | CUSIP: 12654PAE8<br>LEI: 549300818AKCJ4Q9TD76 | Long             | ABS-MBS          | CORP              | US        |   1034172 | PA      | $993570.89    | 0.06%             | 2057-09-25      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                  | COMM 2020-CX Mortgage Trust                                                      | CUSIP: 12656KAE7<br>LEI: 5493004GWEVMOU8S3L34 | Long             | ABS-MBS          | CORP              | US        |    525000 | PA      | $431897.92    | 0.03%             | 2046-11-10      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                         | CSMC 2021-RPL2Trust                                                              | CUSIP: 12656TAD0<br>LEI: 549300818AKCJ4Q9TD76 | Long             | ABS-MBS          | CORP              | US        |    751019 | PA      | $573620.35    | 0.04%             | 2060-01-25      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                         | CSMC 2021-RPL2Trust                                                              | CUSIP: 12656TAE8<br>LEI: 549300818AKCJ4Q9TD76 | Long             | ABS-MBS          | CORP              | US        |    375000 | PA      | $280383.49    | 0.02%             | 2060-01-25      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                                     | COLT 2021-2R Mortgage Loan Trust                                                 | CUSIP: 12656YAA5<br>LEI: 2138001HZNOLT1K3WY73 | Long             | ABS-MBS          | CORP              | US        |    224163 | PA      | $201635.97    | 0.01%             | 2054-07-27      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                         | CSMC 2021-AFC1 Trust                                                             | CUSIP: 12657LAA2<br>LEI: 549300818AKCJ4Q9TD76 | Long             | ABS-MBS          | CORP              | US        |    438069 | PA      | $366563.39    | 0.02%             | 2056-03-25      | Variable      | 0.83%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE MORTGAGE TRUST CSMC_22-ATH1            | CREDIT SUISSE MORTGAGE TRUST CSMC_22-ATH1                                        | CUSIP: 12660BAB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2230245 | PA      | $2092033.58   | 0.13%             | 2067-01-25      | Floating      | 3.41%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                         | CSMC 2021-RPL4 Trust                                                             | CUSIP: 12662GAC2<br>LEI: 549300818AKCJ4Q9TD76 | Long             | ABS-MBS          | CORP              | US        |    773793 | PA      | $773031.63    | 0.05%             | 2060-12-27      | Variable      | 4.15%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                         | CSMC 2022-NQM5 Trust                                                             | CUSIP: 12663DAC8<br>LEI: 549300818AKCJ4Q9TD76 | Long             | ABS-MBS          | CORP              | US        |   1161055 | PA      | $1157894.10   | 0.07%             | 2067-05-25      | Variable      | 5.17%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                      | CVS Health Corp                                                                  | CUSIP: 126650CY4<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   1080000 | PA      | $994837.26    | 0.06%             | 2038-03-25      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                      | CVS Health Corp                                                                  | CUSIP: 126650CZ1<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    840000 | PA      | $720518.21    | 0.05%             | 2048-03-25      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| CACI INTERNATIONAL INC                               | CACI International Inc                                                           | CUSIP: 127190AE6<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | DBT              | CORP              | US        |     63000 | PA      | $64078.88     | 0.00%             | 2033-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC                                | Caesars Entertainment Inc                                                        | CUSIP: 12769GAA8<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |     67000 | PA      | $64476.11     | 0.00%             | 2029-10-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC                                | Caesars Entertainment Inc                                                        | CUSIP: 12769GAB6<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |     35000 | PA      | $35456.53     | 0.00%             | 2030-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC                                | Caesars Entertainment Inc                                                        | CUSIP: 12769GAC4<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |     32000 | PA      | $31648.37     | 0.00%             | 2032-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC                                | Caesars Entertainment Inc                                                        | CUSIP: 12769GAD2<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |     23000 | PA      | $21170.57     | 0.00%             | 2032-10-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA BUYER/ATLANTI                             | California Buyer Ltd / Atlantica Sustainable Infrastructure PLC                  | CUSIP: 13005HAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |     31000 | PA      | $30301.86     | 0.00%             | 2032-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CAMPBELLS COMPANY/THE                                | Campbell's Company/The                                                           | CUSIP: 134429BQ1<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |   1230000 | PA      | $1132159.11   | 0.07%             | 2035-03-23      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CANADIAN PACIFIC RAILWAY                             | Canadian Pacific Railway Co                                                      | CUSIP: 13645RBF0<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |   1287000 | PA      | $1143322.63   | 0.07%             | 2031-12-02      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| CANADIAN PACIFIC RR CO                               | Canadian Pacific Railway Co                                                      | CUSIP: 13645RBP8<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |    225000 | PA      | $222437.24    | 0.01%             | 2029-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Carlyle Global Market Strategies                     | Carlyle US CLO 2023-3 Ltd                                                        | CUSIP: 14318FAL8<br>LEI: 549300VC6J79YJCFU884 | Long             | ABS-CBDO         | CORP              | KY        |   3500000 | PA      | $3498267.50   | 0.22%             | 2038-10-15      | Floating      | 4.90%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                        | Carnival Corp                                                                    | CUSIP: 143658BX9<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |     68000 | PA      | $68634.91     | 0.00%             | 2033-02-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                        | Carnival Corp                                                                    | CUSIP: 143658BY7<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |     34000 | PA      | $34259.30     | 0.00%             | 2030-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                        | Carnival Corp                                                                    | CUSIP: 143658CA8<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |     55000 | PA      | $55010.48     | 0.00%             | 2032-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CARPENTER TECHNOLOGY                                 | Carpenter Technology Corp                                                        | CUSIP: 144285AN3<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | DBT              | CORP              | US        |     31000 | PA      | $30719.99     | 0.00%             | 2034-03-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Carrier Global Corp                                  | Carrier Global Corp                                                              | CUSIP: 14448C104<br>LEI: 549300JE3W6CWY2NAN77 | Long             | EC               | CORP              | US        |    120176 | NS      | $6767110.56   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| CATERPILLAR FINL SERVICE                             | Caterpillar Financial Services Corp                                              | CUSIP: 14913UAN0<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |    732000 | PA      | $733295.23    | 0.05%             | 2026-10-16      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS/CANADA WON                                 | Six Flags Entertainment Corp / Canada's Wonderland Co / Magnum Management Corp   | CUSIP: 150190AK2<br>LEI: 549300TUVLNQQ6BVKH61 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19905.17     | 0.00%             | 2028-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                             | Celanese US Holdings LLC                                                         | CUSIP: 15089QAY0<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |     37000 | PA      | $39513.15     | 0.00%             | 2033-11-15      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                             | Celanese US Holdings LLC                                                         | CUSIP: 15089QAZ7<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |     43000 | PA      | $43830.22     | 0.00%             | 2030-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                             | Celanese US Holdings LLC                                                         | CUSIP: 15089QBA1<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |     15000 | PA      | $15385.52     | 0.00%             | 2033-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                             | Celanese US Holdings LLC                                                         | CUSIP: 15089QBC7<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20521.93     | 0.00%             | 2031-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                             | Celanese US Holdings LLC                                                         | CUSIP: 15089QBD5<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30774.98     | 0.00%             | 2034-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CNTRL PARENT/CDK GLB INC                             | Central Parent Inc / CDK Global Inc                                              | CUSIP: 15477CAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     11000 | PA      | $7886.63      | 0.00%             | 2029-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| CNT PRNT/CDK GLO II/FIN                              | Central Parent LLC / CDK Global II LLC / CDK Financing Co Inc                    | CUSIP: 154915AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     14000 | PA      | $10413.40     | 0.00%             | 2029-06-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| CHARLES RIVER LABORATORI                             | Charles River Laboratories International Inc                                     | CUSIP: 159864AE7<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24416.05     | 0.00%             | 2028-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CHARLES RIVER LABORATORI                             | Charles River Laboratories International Inc                                     | CUSIP: 159864AG2<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | DBT              | CORP              | US        |     82000 | PA      | $77758.66     | 0.00%             | 2029-03-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CHART INDUSTRIES INC                                 | Chart Industries Inc                                                             | CUSIP: 16115QAF7<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | DBT              | CORP              | US        |     21000 | PA      | $21817.99     | 0.00%             | 2030-01-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                             | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175CG7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    700000 | PA      | $412060.88    | 0.03%             | 2062-06-30      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Chevron Corp                                         | Chevron Corp                                                                     | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     86284 | NS      | $17852159.60  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| CHOBANI HOLDCO II LLC                                | Chobani Holdco II LLC                                                            | CUSIP: 169918AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75200 | PA      | $79785.03     | 0.00%             | 2029-10-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| CHOBANI LLC/FINANCE CORP                             | Chobani LLC / Chobani Finance Corp Inc                                           | CUSIP: 17027NAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     14000 | PA      | $14335.23     | 0.00%             | 2029-07-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| CHNGE Mortgage Trust 2022-1                          | CHNGE Mortgage Trust 2022-1                                                      | CUSIP: 17030JAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1493627 | PA      | $1429453.01   | 0.09%             | 2067-01-25      | Variable      | 4.01%                 | No            |                  2 | On Loan: No      |
| CHURCHILL DOWNS INC                                  | Churchill Downs Inc                                                              | CUSIP: 171484AJ7<br>LEI: 529900FODTBQC8MIS994 | Long             | DBT              | CORP              | US        |     32000 | PA      | $32589.43     | 0.00%             | 2031-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CINEMARK USA INC                                     | Cinemark USA Inc                                                                 | CUSIP: 172441BF3<br>LEI: 54930008H2137JSCPQ09 | Long             | DBT              | CORP              | US        |     80000 | PA      | $79444.93     | 0.00%             | 2028-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CIPHER COMPUTE LLC                                   | Cipher Compute LLC                                                               | CUSIP: 17253NAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     27000 | PA      | $27981.57     | 0.00%             | 2030-11-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                        | Citigroup Inc                                                                    | CUSIP: 172967QF1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    546000 | PA      | $539472.83    | 0.03%             | 2031-09-11      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                        | Citigroup Inc                                                                    | CUSIP: 172967QH7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   1136000 | PA      | $1125008.05   | 0.07%             | 2036-09-11      | Fixed         | 5.17%                 | No            |                  2 | On Loan: No      |
| SM ENERGY CO                                         | SM Energy Co                                                                     | CUSIP: 17888HAB9<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |     50000 | PA      | $52303.37     | 0.00%             | 2031-07-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| SM ENERGY CO                                         | SM Energy Co                                                                     | CUSIP: 17888HAC7<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5266.61      | 0.00%             | 2030-11-01      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| SM ENERGY CO                                         | SM Energy Co                                                                     | CUSIP: 17888HAD5<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |     73000 | PA      | $80784.21     | 0.01%             | 2033-06-15      | Fixed         | 9.63%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP/US FIN                             | Clarios Global LP / Clarios US Finance Co                                        | CUSIP: 18060TAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     26000 | PA      | $26484.93     | 0.00%             | 2030-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP/US FIN                             | Clarios Global LP / Clarios US Finance Co                                        | CUSIP: 18060TAE5<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     63000 | PA      | $63532.10     | 0.00%             | 2032-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CLARIV SCI HLD CORP                                  | Clarivate Science Holdings Corp                                                  | CUSIP: 18064PAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    156000 | PA      | $134304.39    | 0.01%             | 2029-07-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                             | Clear Channel Outdoor Holdings Inc                                               | CUSIP: 18453HAC0<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |     22000 | PA      | $22114.85     | 0.00%             | 2028-04-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                             | Clear Channel Outdoor Holdings Inc                                               | CUSIP: 18453HAD8<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |     66000 | PA      | $66266.00     | 0.00%             | 2029-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                             | Clear Channel Outdoor Holdings Inc                                               | CUSIP: 18453HAF3<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |     33000 | PA      | $34577.55     | 0.00%             | 2030-04-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                             | Clear Channel Outdoor Holdings Inc                                               | CUSIP: 18453HAG1<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |     39000 | PA      | $40876.17     | 0.00%             | 2031-02-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                             | Clear Channel Outdoor Holdings Inc                                               | CUSIP: 18453HAH9<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |     39000 | PA      | $41311.49     | 0.00%             | 2033-03-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CLEARWAY ENERGY OP LLC                               | Clearway Energy Operating LLC                                                    | CUSIP: 18539UAC9<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |     45000 | PA      | $44461.07     | 0.00%             | 2028-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CLEARWAY ENERGY OP LLC                               | Clearway Energy Operating LLC                                                    | CUSIP: 18539UAD7<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |    159000 | PA      | $147494.80    | 0.01%             | 2031-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CLEARWAY ENERGY OP LLC                               | Clearway Energy Operating LLC                                                    | CUSIP: 18539UAE5<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |     16000 | PA      | $14612.81     | 0.00%             | 2032-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CLEARWAY ENERGY OP LLC                               | Clearway Energy Operating LLC                                                    | CUSIP: 18539UAG0<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |     41000 | PA      | $40386.25     | 0.00%             | 2034-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                                 | Cleveland-Cliffs Inc                                                             | CUSIP: 185899AP6<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |      7000 | PA      | $6773.80      | 0.00%             | 2032-03-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                                 | Cleveland-Cliffs Inc                                                             | CUSIP: 185899AQ4<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |      9000 | PA      | $9000.02      | 0.00%             | 2029-11-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                                 | Cleveland-Cliffs Inc                                                             | CUSIP: 185899AR2<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |      6000 | PA      | $5871.79      | 0.00%             | 2033-05-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC                               | Cloud Software Group Inc                                                         | CUSIP: 18912UAA0<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    171000 | PA      | $164976.14    | 0.01%             | 2029-09-30      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC                               | Cloud Software Group Inc                                                         | CUSIP: 18912UAC6<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |     39000 | PA      | $37063.92     | 0.00%             | 2032-06-30      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION                               | Clydesdale Acquisition Holdings Inc                                              | CUSIP: 18972EAA3<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29492.51     | 0.00%             | 2029-04-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION                               | Clydesdale Acquisition Holdings Inc                                              | CUSIP: 18972EAB1<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |     91000 | PA      | $85123.78     | 0.01%             | 2030-04-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION                               | Clydesdale Acquisition Holdings Inc                                              | CUSIP: 18972EAD7<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |     26000 | PA      | $24594.95     | 0.00%             | 2032-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| COLLEGE AVE STUDENT LOANS LLC CASL_24-A              | COLLEGE AVE STUDENT LOANS LLC CASL_24-A                                          | CUSIP: 19424RAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2987349 | PA      | $3042821.34   | 0.19%             | 2054-06-25      | Fixed         | 5.51%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                                     | COLT 2022-1 Mortgage Loan Trust                                                  | CUSIP: 19688HAA9<br>LEI: 2138001HZNOLT1K3WY73 | Long             | ABS-MBS          | CORP              | US        |   1479601 | PA      | $1359071.11   | 0.09%             | 2066-12-27      | Variable      | 2.28%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                                     | COLT 2024-1 Mortgage Loan Trust                                                  | CUSIP: 19688TAA3<br>LEI: 2138001HZNOLT1K3WY73 | Long             | ABS-MBS          | CORP              | US        |    776218 | PA      | $777616.02    | 0.05%             | 2069-02-25      | Variable      | 5.84%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                                     | COLT 2025-12 Mortgage Loan Trust                                                 | CUSIP: 19688UAD4<br>LEI: 213800A53WDNKWGEVL75 | Long             | ABS-MBS          | CORP              | US        |   1662925 | PA      | $1653328.68   | 0.10%             | 2071-01-26      | Variable      | 4.98%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                                     | COLT 2025-7 Mortgage Loan Trust                                                  | CUSIP: 19689CAA9<br>LEI: 213800DOQUYA3TO33M98 | Long             | ABS-MBS          | CORP              | US        |   4397083 | PA      | $4406043.48   | 0.28%             | 2070-06-25      | Variable      | 5.47%                 | No            |                  2 | On Loan: No      |
| COLUMBIA SHORT TERM CASH FUND                        | COLUMBIA SHORT TERM CASH FUND                                                    | CUSIP: 19766H239<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  63730343 | NS      | $63704850.56  | 3.99%             |  |  |  | No            |                  1 | On Loan: No      |
| COLUMBUS MCKINNON CORP                               | Columbus McKinnon Corp/NY                                                        | CUSIP: 199333AK1<br>LEI: 549300W3HQB0HO1F3G69 | Long             | DBT              | CORP              | US        |     26000 | PA      | $25946.49     | 0.00%             | 2033-02-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| COMPASS MINERALS INTERNA                             | Compass Minerals International Inc                                               | CUSIP: 20451NAJ0<br>LEI: 2549008X9G8XP7YJGC47 | Long             | DBT              | CORP              | US        |     21000 | PA      | $21743.38     | 0.00%             | 2030-07-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| COMSTOCK RESOURCES INC                               | Comstock Resources Inc                                                           | CUSIP: 205768AS3<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |     36000 | PA      | $35514.32     | 0.00%             | 2029-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CONCENTRA HEALTH SERVICE                             | Concentra Health Services Inc                                                    | CUSIP: 20600DAA1<br>LEI: 984500GB84105F75DE32 | Long             | DBT              | CORP              | US        |     39000 | PA      | $40351.40     | 0.00%             | 2032-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                     | Fannie Mae Connecticut Avenue Securities                                         | CUSIP: 20753YCK6<br>LEI: 549300Z5THZ1JXIHVK60 | Long             | ABS-MBS          | USGSE             | US        |    975000 | PA      | $992180.87    | 0.06%             | 2042-03-25      | Floating      | 6.76%                 | No            |                  2 | On Loan: No      |
| ConocoPhillips                                       | ConocoPhillips                                                                   | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |    116421 | NS      | $15367572.00  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLATION BRANDS INC                             | Constellation Brands Inc                                                         | CUSIP: 21036PBE7<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |    612000 | PA      | $585505.22    | 0.04%             | 2029-08-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| CONSTELLIUM SE                                       | Constellium SE                                                                   | CUSIP: 21039CAA2<br>LEI: 724500KRJEMC79KAAU28 | Long             | DBT              | CORP              | FR        |     14000 | PA      | $13953.54     | 0.00%             | 2028-06-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| CONSTELLIUM SE                                       | Constellium SE                                                                   | CUSIP: 21039CAB0<br>LEI: 724500KRJEMC79KAAU28 | Long             | DBT              | CORP              | FR        |     32000 | PA      | $30568.81     | 0.00%             | 2029-04-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CONSTELLIUM SE                                       | Constellium SE                                                                   | CUSIP: 21039CAD6<br>LEI: 724500KRJEMC79KAAU28 | Long             | DBT              | CORP              | FR        |     10000 | PA      | $10105.90     | 0.00%             | 2032-08-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| COREWEAVE INC                                        | CoreWeave Inc                                                                    | CUSIP: 21873SAB4<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29177.47     | 0.00%             | 2030-06-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| COREWEAVE INC                                        | CoreWeave Inc                                                                    | CUSIP: 21873SAC2<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |     55000 | PA      | $52309.28     | 0.00%             | 2031-02-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Cross Mortgage Trust                                 | Cross 2024-H2 Mortgage Trust                                                     | CUSIP: 22757BAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    294467 | PA      | $295881.63    | 0.02%             | 2069-04-25      | Variable      | 6.09%                 | No            |                  2 | On Loan: No      |
| CROSSCOUNTRY INTER                                   | CrossCountry Intermediate HoldCo LLC                                             | CUSIP: 22757VAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     39000 | PA      | $37174.65     | 0.00%             | 2030-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| DTE Energy Co                                        | DTE Energy Co                                                                    | CUSIP: 233331107<br>LEI: 549300IX8SD6XXD71I78 | Long             | EC               | CORP              | US        |     83862 | NS      | $12262301.64  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| DTE ENERGY CO                                        | DTE Energy Co                                                                    | CUSIP: 233331BM8<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |    825000 | PA      | $830632.24    | 0.05%             | 2027-07-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| DAVITA INC                                           | DaVita Inc                                                                       | CUSIP: 23918KAY4<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |     33000 | PA      | $33635.95     | 0.00%             | 2033-07-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                              | John Deere Capital Corp                                                          | CUSIP: 24422EXB0<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1121346.21   | 0.07%             | 2028-07-14      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| DELEK LOG PART/FINANCE                               | Delek Logistics Partners LP / Delek Logistics Finance Corp                       | CUSIP: 24665FAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    123000 | PA      | $127305.74    | 0.01%             | 2029-03-15      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| DELEK LOG PART/FINANCE                               | Delek Logistics Partners LP / Delek Logistics Finance Corp                       | CUSIP: 24665FAE2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    115000 | PA      | $115880.23    | 0.01%             | 2033-06-30      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Dell Technologies Inc                                | Dell Technologies Inc                                                            | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               | CORP              | US        |     39237 | NS      | $6439968.81   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co/The                                   | Walt Disney Co/The                                                               | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |     40192 | NS      | $3873704.96   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| DISH NETWORK CORP                                    | DISH Network Corp                                                                | CUSIP: 25470MAG4<br>LEI: 529900U350CWHH15G169 | Long             | DBT              | CORP              | US        |     92000 | PA      | $94780.22     | 0.01%             | 2027-11-15      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                        | DISH DBS Corp                                                                    | CUSIP: 25470XBD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $35746.60     | 0.00%             | 2029-06-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                        | DISH DBS Corp                                                                    | CUSIP: 25470XBF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     28000 | PA      | $27114.85     | 0.00%             | 2028-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| DIRECTV FINANCING LLC                                | Directv Financing LLC                                                            | CUSIP: 254945AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      3000 | PA      | $2993.87      | 0.00%             | 2030-02-01      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                                  | Dominion Energy Inc                                                              | CUSIP: 25746UDX4<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    685000 | PA      | $691124.23    | 0.04%             | 2035-03-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| DoorDash Inc                                         | DoorDash Inc                                                                     | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               | CORP              | US        |     28732 | NS      | $4314109.80   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Dryden Senior Loan Fund                              | Dryden 55 CLO Ltd                                                                | CUSIP: 26245MAC5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    199594 | PA      | $199780.96    | 0.01%             | 2031-04-15      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                     | Duke Energy Corp                                                                 | CUSIP: 26441CBU8<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |   1158000 | PA      | $991458.38    | 0.06%             | 2052-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY INDIANA LLC                              | Duke Energy Indiana LLC                                                          | CUSIP: 26443TAD8<br>LEI: 6URPHM2EAWGJ2C6ISB97 | Long             | DBT              | CORP              | US        |    273000 | PA      | $254562.80    | 0.02%             | 2053-04-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Ellington Financial Mortgage Trust                   | EFMT 2025-NQM1                                                                   | CUSIP: 26846CAA4<br>LEI: 254900TJEVLCYF1H3X71 | Long             | ABS-MBS          | CORP              | US        |    719863 | PA      | $723166.90    | 0.05%             | 2070-01-25      | Variable      | 5.67%                 | No            |                  2 | On Loan: No      |
| Ellington Financial Mortgage Trust                   | Ellington Financial Mortgage Trust 2017-1                                        | CUSIP: 26846MAA2<br>LEI: 254900UDLJF220C8I638 | Long             | ABS-MBS          | CORP              | US        |   1115054 | PA      | $1105136.05   | 0.07%             | 2060-12-25      | Variable      | 4.91%                 | No            |                  2 | On Loan: No      |
| EMRLD BOR / EMRLD CO-ISS                             | EMRLD Borrower LP / Emerald Co-Issuer Inc                                        | CUSIP: 26873CAB8<br>LEI: 98450099EE3A0ZD5F786 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20596.82     | 0.00%             | 2031-07-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| EOG Resources Inc                                    | EOG Resources Inc                                                                | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |     78234 | NS      | $11310289.38  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| ERAC USA FINANCE LLC                                 | ERAC USA Finance LLC                                                             | CUSIP: 26882PBE1<br>LEI: LTKX5ODQW6Z7BQ2K1V47 | Long             | DBT              | CORP              | US        |    725000 | PA      | $826664.12    | 0.05%             | 2037-10-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| PERMIAN RESOURC OPTG LLC                             | Permian Resources Operating LLC                                                  | CUSIP: 27034RAA1<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |     19000 | PA      | $19018.93     | 0.00%             | 2027-04-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| EATON CORP                                           | Eaton Corp                                                                       | CUSIP: 278058DY5<br>LEI: 0NZWDMRCE180888QQE14 | Long             | DBT              | CORP              | US        |    347000 | PA      | $342119.63    | 0.02%             | 2033-03-06      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| eBay Inc                                             | eBay Inc                                                                         | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |    189151 | NS      | $17216524.02  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| ECHOSTAR CORP                                        | EchoStar Corp                                                                    | CUSIP: 278768AC0<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |    134611 | PA      | $145379.93    | 0.01%             | 2029-11-30      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| EDGEX Issuer Trust                                   | EDGEX 2025-2NN Issuer Trust                                                      | CUSIP: 28057AAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1714188 | PA      | $1712847.97   | 0.11%             | 2032-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| EDISON INTERNATIONAL                                 | Edison International                                                             | CUSIP: 281020AY3<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |    834000 | PA      | $840229.09    | 0.05%             | 2028-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Ellington Financial Mortgage Trust                   | EFMT 2025-NQM6                                                                   | CUSIP: 281916AE6<br>LEI: 2549005YTE90D77H8V23 | Long             | ABS-MBS          | CORP              | US        |   1799039 | PA      | $1789120.14   | 0.11%             | 2070-12-25      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| ELEMENT SOLUTIONS INC                                | Element Solutions Inc                                                            | CUSIP: 28618MAA4<br>LEI: 549300FLGN6P5CU20J91 | Long             | DBT              | CORP              | US        |     21000 | PA      | $20438.74     | 0.00%             | 2028-09-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| EMRLD BOR / EMRLD CO-ISS                             | EMRLD Borrower LP / Emerald Co-Issuer Inc                                        | CUSIP: 29103CAA6<br>LEI: 98450099EE3A0ZD5F786 | Long             | DBT              | CORP              | US        |    102000 | PA      | $103840.29    | 0.01%             | 2030-12-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                         | Enbridge Inc                                                                     | CUSIP: 29250NCA1<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |   1160000 | PA      | $1169489.30   | 0.07%             | 2027-04-05      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                   | Energy Transfer LP                                                               | CUSIP: 29273VAW0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    930000 | PA      | $872916.30    | 0.05%             | 2054-05-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| ENTEGRIS INC                                         | Entegris Inc                                                                     | CUSIP: 29362UAD6<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |     39000 | PA      | $37106.66     | 0.00%             | 2029-05-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| ENTEGRIS INC                                         | Entegris Inc                                                                     | CUSIP: 29365BAB9<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |     81000 | PA      | $81711.58     | 0.01%             | 2030-06-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Equinix Inc                                          | Equinix Inc                                                                      | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               |  | US        |     13511 | NS      | $13244022.64  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| ESAB CORP                                            | Esab Corp                                                                        | CUSIP: 29605JAA4<br>LEI: 549300ZNV0SWBXEIWT04 | Long             | DBT              | CORP              | US        |     16000 | PA      | $16208.02     | 0.00%             | 2029-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Exeter Automobile Receivables Trust                  | Exeter Automobile Receivables Trust 2021-3                                       | CUSIP: 30166AAF1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    943717 | PA      | $938354.28    | 0.06%             | 2027-06-15      | Fixed         | 1.55%                 | No            |                  2 | On Loan: No      |
| Meta Platforms Inc                                   | Meta Platforms Inc                                                               | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     33705 | NS      | $19283641.65  | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS INC                                   | Meta Platforms Inc                                                               | CUSIP: 30303M8X3<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    368000 | PA      | $348484.91    | 0.02%             | 2045-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                                   | Meta Platforms Inc                                                               | CUSIP: 30303M8Y1<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    713000 | PA      | $661262.77    | 0.04%             | 2065-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                                   | Meta Platforms Inc                                                               | CUSIP: 30303MAE2<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    648000 | PA      | $606978.85    | 0.04%             | 2055-11-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| FAIR ISAAC CORP                                      | Fair Isaac Corp                                                                  | CUSIP: 303250AG9<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19623.03     | 0.00%             | 2033-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | Freddie Mac Gold Pool                                                            | CUSIP: 31283HR72<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      6343 | PA      | $6667.79      | 0.00%             | 2032-04-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC GOLD                                     | FREDDIE MAC GOLD                                                                 | CUSIP: 31287RQW2<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      6673 | PA      | $6810.06      | 0.00%             | 2032-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC GOLD                                     | FREDDIE MAC GOLD                                                                 | CUSIP: 31287ST49<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     64227 | PA      | $66471.47     | 0.00%             | 2032-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC GOLD                                     | FREDDIE MAC GOLD                                                                 | CUSIP: 31287YVF8<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      2310 | PA      | $2390.34      | 0.00%             | 2032-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | Freddie Mac Gold Pool                                                            | CUSIP: 3128KTAF7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     20777 | PA      | $21561.44     | 0.00%             | 2037-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | Freddie Mac Gold Pool                                                            | CUSIP: 3128M5R93<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    107991 | PA      | $111234.21    | 0.01%             | 2038-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | Freddie Mac Pool                                                                 | CUSIP: 3131XDG82<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    304088 | PA      | $295217.61    | 0.02%             | 2033-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddiemac Strip                                     | FREDDIE MAC FHLMC_326                                                            | CUSIP: 31325VB94<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   3554853 | PA      | $351578.67    | 0.02%             | 2044-03-15      | Variable      | 2.18%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | FEDERAL HOME LOAN MORTGAGE CORPORATION                                           | CUSIP: 3132DTMA5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   3690646 | PA      | $3391235.70   | 0.21%             | 2052-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | Freddie Mac Pool                                                                 | CUSIP: 3132DTPP9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  12248113 | PA      | $11664405.59  | 0.73%             | 2052-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORPORATION               | FEDERAL HOME LOAN MORTGAGE CORPORATION                                           | CUSIP: 3132DUT56<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   4042885 | PA      | $3938986.30   | 0.25%             | 2054-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORPORATION               | FEDERAL HOME LOAN MORTGAGE CORPORATION                                           | CUSIP: 3132DUY35<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   2902446 | PA      | $2892860.85   | 0.18%             | 2054-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | Freddie Mac Pool                                                                 | CUSIP: 3132DWDY6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   8378584 | PA      | $7087764.84   | 0.44%             | 2052-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | Freddie Mac Gold Pool                                                            | CUSIP: 3132JBN33<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     97477 | PA      | $89317.34     | 0.01%             | 2043-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | Freddie Mac Pool                                                                 | CUSIP: 3133KNB44<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3962153 | PA      | $3354194.70   | 0.21%             | 2051-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | Freddie Mac Pool                                                                 | CUSIP: 3133KPJ74<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3676754 | PA      | $3567504.77   | 0.22%             | 2052-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae REMICS                                                                | CUSIP: 3136AX4N2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2831974 | PA      | $350541.22    | 0.02%             | 2057-10-25      | Floating      | 2.32%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION FNMA_24-6      | FEDERAL NATIONAL MORTGAGE ASSOCIATION FNMA_24-6                                  | CUSIP: 3136BQ2R9<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   5026192 | PA      | $477933.02    | 0.03%             | 2049-09-25      | Floating      | 2.27%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS FNMA_23-50                         | FANNIE MAE REMICS FNMA_23-50                                                     | CUSIP: 3136BQLR8<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   3225660 | PA      | $289512.68    | 0.02%             | 2049-07-25      | Floating      | 2.22%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION FNMA_24-87     | FEDERAL NATIONAL MORTGAGE ASSOCIATION FNMA_24-87                                 | CUSIP: 3136BTB51<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   2173999 | PA      | $2190921.01   | 0.14%             | 2054-12-25      | Floating      | 5.06%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae REMICS                                                                | CUSIP: 3136BTFD0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4734858 | PA      | $411780.22    | 0.03%             | 2054-09-25      | Floating      | 2.34%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae REMICS                                                                | CUSIP: 3136BU3V0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4304914 | PA      | $4353462.99   | 0.27%             | 2055-02-25      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae REMICS                                                                | CUSIP: 3136BUS35<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2504881 | PA      | $2515764.19   | 0.16%             | 2054-07-25      | Variable      | 4.87%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION FNMA_25-10     | FEDERAL NATIONAL MORTGAGE ASSOCIATION FNMA_25-10                                 | CUSIP: 3136BUS68<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   1981186 | PA      | $1961438.12   | 0.12%             | 2055-02-25      | Floating      | 4.51%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae REMICS                                                                | CUSIP: 3136BVQR2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2554275 | PA      | $2529650.93   | 0.16%             | 2055-04-25      | Floating      | 6.96%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae REMICS                                                                | CUSIP: 3136BXPP3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5700307 | PA      | $5638001.31   | 0.35%             | 2055-09-25      | Floating      | 4.51%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae REMICS                                                                | CUSIP: 3136BXQA5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   7735113 | PA      | $675028.58    | 0.04%             | 2055-10-25      | Floating      | 2.24%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CUSIP: 31374TNX3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |       405 | PA      | $418.96       | 0.00%             | 2029-03-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                | FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CUSIP: 31379YKX0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      8068 | PA      | $8406.04      | 0.00%             | 2028-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS FHLMC_4906                        | FREDDIE MAC REMICS FHLMC_4906                                                    | CUSIP: 3137FNWB2<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   2852838 | PA      | $316973.38    | 0.02%             | 2049-09-25      | Floating      | 2.27%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                                  | FREDDIE MAC STACR                                                                | CUSIP: 3137G0WL9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1352937 | PA      | $1308800.18   | 0.08%             | 2033-04-25      | Variable      | 0.18%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORPORATION FHLMC_5228    | FEDERAL HOME LOAN MORTGAGE CORPORATION FHLMC_5228                                | CUSIP: 3137H7VH3<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   3096365 | PA      | $342392.67    | 0.02%             | 2047-01-25      | Floating      | 2.22%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC FHLMC_5440                               | FREDDIE MAC FHLMC_5440                                                           | CUSIP: 3137HDZC7<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   6440665 | PA      | $583307.84    | 0.04%             | 2054-07-25      | Floating      | 2.24%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC FHLMC_5462                               | FREDDIE MAC FHLMC_5462                                                           | CUSIP: 3137HFQ24<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   3889964 | PA      | $3901309.41   | 0.24%             | 2054-10-25      | Floating      | 4.76%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | Freddie Mac REMICS                                                               | CUSIP: 3137HJAU1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2651696 | PA      | $2676162.92   | 0.17%             | 2054-10-25      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | Freddie Mac REMICS                                                               | CUSIP: 3137HK4A9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2606661 | PA      | $2623833.64   | 0.16%             | 2055-03-25      | Floating      | 4.98%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | Freddie Mac REMICS                                                               | CUSIP: 3137HKF25<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2568071 | PA      | $2570680.84   | 0.16%             | 2054-06-25      | Floating      | 7.61%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | Freddie Mac REMICS                                                               | CUSIP: 3137HKF33<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5835868 | PA      | $5881957.85   | 0.37%             | 2054-11-25      | Floating      | 7.61%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | Freddie Mac REMICS                                                               | CUSIP: 3137HKPN8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1444416 | PA      | $1444068.42   | 0.09%             | 2055-04-25      | Floating      | 7.61%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | Freddie Mac REMICS                                                               | CUSIP: 3137HLZE5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2710525 | PA      | $2732562.96   | 0.17%             | 2055-06-25      | Floating      | 8.26%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | Freddie Mac REMICS                                                               | CUSIP: 3137HMSM3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4835194 | PA      | $287146.70    | 0.02%             | 2055-09-25      | Floating      | 1.49%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                | FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CUSIP: 31380HST5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      1159 | PA      | $1181.40      | 0.00%             | 2028-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                | FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CUSIP: 31383KD38<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     11576 | PA      | $12155.53     | 0.00%             | 2029-07-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                | FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CUSIP: 31383RF49<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      4921 | PA      | $5168.01      | 0.00%             | 2029-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CUSIP: 31385H7A4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      1950 | PA      | $2018.54      | 0.00%             | 2032-03-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                | FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CUSIP: 31385JNA2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      7900 | PA      | $8206.21      | 0.00%             | 2032-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CUSIP: 3138AKT74<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      4747 | PA      | $4732.33      | 0.00%             | 2026-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CUSIP: 3138EHJU7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |       236 | PA      | $235.64       | 0.00%             | 2026-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CUSIP: 3138EMT35<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      4122 | PA      | $4102.43      | 0.00%             | 2029-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CUSIP: 3138EMT43<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      4122 | PA      | $4102.43      | 0.00%             | 2029-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CUSIP: 3138EMT50<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      4122 | PA      | $4102.43      | 0.00%             | 2029-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CUSIP: 3138EMT76<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      4122 | PA      | $4102.43      | 0.00%             | 2029-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                                                  | CUSIP: 3138EPE34<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     15530 | PA      | $15422.38     | 0.00%             | 2029-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                | FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CUSIP: 3138ETFP6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     42556 | PA      | $42070.80     | 0.00%             | 2031-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                | FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CUSIP: 3138WGC69<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     14846 | PA      | $13917.00     | 0.00%             | 2045-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FNMA POOL AW6422 FN 06/44 FIXED 3.5                  | FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CUSIP: 3138XWD47<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     24837 | PA      | $23335.33     | 0.00%             | 2044-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                | FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CUSIP: 31390CTB2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     27533 | PA      | $28912.07     | 0.00%             | 2032-05-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                | FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CUSIP: 31390GFJ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      9204 | PA      | $9664.71      | 0.00%             | 2032-06-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                | FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CUSIP: 31391BUW5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      3867 | PA      | $4019.19      | 0.00%             | 2032-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                | FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CUSIP: 31391MDQ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     13674 | PA      | $14358.86     | 0.00%             | 2032-10-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                | FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CUSIP: 31391TR83<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     34202 | PA      | $35915.21     | 0.00%             | 2032-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                | FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CUSIP: 31391VUW1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      7766 | PA      | $8155.31      | 0.00%             | 2032-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                | FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CUSIP: 3140L0PD3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   5247663 | PA      | $4468454.91   | 0.28%             | 2051-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CUSIP: 3140QNQE5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   4844918 | PA      | $3956238.73   | 0.25%             | 2052-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CUSIP: 3140QNTX0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   3768500 | PA      | $3316161.75   | 0.21%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                                                  | CUSIP: 3140QNW73<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1353907 | PA      | $1242837.36   | 0.08%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                | FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CUSIP: 3140QVE67<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   3560062 | PA      | $3656114.56   | 0.23%             | 2054-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                                                  | CUSIP: 3140QVKW3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5473053 | PA      | $5454709.96   | 0.34%             | 2054-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                                                  | CUSIP: 3140QVWP5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   6555827 | PA      | $6485824.19   | 0.41%             | 2054-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                | FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CUSIP: 3140W0EA9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   4532294 | PA      | $3707418.31   | 0.23%             | 2052-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                                                  | CUSIP: 3140W3G60<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5399868 | PA      | $5234650.47   | 0.33%             | 2054-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                | FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CUSIP: 3140XNBZ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   6806160 | PA      | $6765858.30   | 0.42%             | 2053-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                | FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CUSIP: 31414CBH0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     37471 | PA      | $38232.92     | 0.00%             | 2038-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                | FEDERAL NATIONAL MORTGAGE ASSOCIATION                                            | CUSIP: 31414PKT5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     13811 | PA      | $14134.27     | 0.00%             | 2038-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                                                  | CUSIP: 31418E3D0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3258684 | PA      | $3321795.17   | 0.21%             | 2054-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                                                  | CUSIP: 31418E3E8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4697288 | PA      | $4724451.19   | 0.30%             | 2054-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                                                  | CUSIP: 31418FCH8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3840135 | PA      | $3915977.82   | 0.24%             | 2054-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | Freddie Mac Pool                                                                 | CUSIP: 31427NJU4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2821637 | PA      | $2858472.01   | 0.18%             | 2055-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | Freddie Mac Pool                                                                 | CUSIP: 31427NWH8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   7131400 | PA      | $6732294.89   | 0.42%             | 2054-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORPORATION               | FEDERAL HOME LOAN MORTGAGE CORPORATION                                           | CUSIP: 31427RT67<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4494550 | PA      | $4551282.83   | 0.28%             | 2055-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORPORATION               | FEDERAL HOME LOAN MORTGAGE CORPORATION                                           | CUSIP: 3142GTT30<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   3258651 | PA      | $3158807.83   | 0.20%             | 2055-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FERTITTA ENTERTAINMENT                               | Fertitta Entertainment LLC / Fertitta Entertainment Finance Co Inc               | CUSIP: 31556TAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     82000 | PA      | $76611.45     | 0.00%             | 2030-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Ellington Financial Mortgage Trust                   | Ellington Financial Mortgage Trust 2022-2                                        | CUSIP: 31572YAA6<br>LEI: 254900UDLJF220C8I638 | Long             | ABS-MBS          | CORP              | US        |   4034279 | PA      | $3963649.68   | 0.25%             | 2067-04-25      | Variable      | 4.30%                 | No            |                  2 | On Loan: No      |
| Ellington Financial Mortgage Trust                   | Ellington Financial Mortgage Trust 2019-2                                        | CUSIP: 31573TAC2<br>LEI: 254900UDLJF220C8I638 | Long             | ABS-MBS          | CORP              | US        |     37383 | PA      | $36818.49     | 0.00%             | 2059-11-25      | Variable      | 3.05%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATL INFO SERV                              | Fidelity National Information Services Inc                                       | CUSIP: 31620MCA2<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |    274000 | PA      | $273201.19    | 0.02%             | 2028-03-10      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| FIGRE Trust                                          | FIGRE Trust 2025-FL1                                                             | CUSIP: 31684QAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1099442 | PA      | $1098770.31   | 0.07%             | 2055-07-25      | Variable      | 5.27%                 | No            |                  2 | On Loan: No      |
| FIGRE Trust                                          | FIGRE Trust 2025-PF2                                                             | CUSIP: 316918AA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1243179 | PA      | $1232214.98   | 0.08%             | 2055-10-25      | Variable      | 5.02%                 | No            |                  2 | On Loan: No      |
| FLASH COMPUTE LLC                                    | Flash Compute LLC                                                                | CUSIP: 33853QAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     39000 | PA      | $39338.22     | 0.00%             | 2030-12-31      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| FOCUS FINANCIAL PARTNERS                             | Focus Financial Partners LLC                                                     | CUSIP: 34417VAA5<br>LEI: 5493007L0E0VKRC2CP39 | Long             | DBT              | CORP              | US        |     65000 | PA      | $64659.80     | 0.00%             | 2031-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                                  | Freddie Mac STACR REMIC Trust 2022-DNA6                                          | CUSIP: 35564KH36<br>LEI: 5493000IS30HKV5IAS29 | Long             | ABS-MBS          | USGSE             | US        |     81976 | PA      | $82126.76     | 0.01%             | 2042-09-25      | Floating      | 5.81%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                                  | Freddie Mac STACR REMIC Trust 2021-DNA5                                          | CUSIP: 35564KHE2<br>LEI: 5493000ISU5NYXNHD479 | Long             | ABS-MBS          | USGSE             | US        |    116058 | PA      | $116363.05    | 0.01%             | 2034-01-25      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                                  | Freddie Mac STACR REMIC Trust 2021-DNA7                                          | CUSIP: 35564KMA4<br>LEI: 5493000ISOMSKCX2AW62 | Long             | ABS-MBS          | USGSE             | US        |    331057 | PA      | $330963.05    | 0.02%             | 2041-11-25      | Floating      | 4.51%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                                  | Freddie Mac STACR REMIC Trust 2022-DNA3                                          | CUSIP: 35564KUX5<br>LEI: 5493000IS4M3TZMRB410 | Long             | ABS-MBS          | USGSE             | US        |   1100000 | PA      | $1115478.54   | 0.07%             | 2042-04-25      | Floating      | 6.56%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                                  | Freddie Mac STACR REMIC Trust 2022-DNA5                                          | CUSIP: 35564KYN3<br>LEI: 5493000IS349P4O9HR58 | Long             | ABS-MBS          | USGSE             | US        |    614876 | PA      | $623385.47    | 0.04%             | 2042-06-25      | Floating      | 6.61%                 | No            |                  2 | On Loan: No      |
| GCAT                                                 | GCAT 2021-CM2 Trust                                                              | CUSIP: 36167AAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1266874 | PA      | $1204620.81   | 0.08%             | 2066-08-25      | Variable      | 2.35%                 | No            |                  2 | On Loan: No      |
| GCAT                                                 | GCAT 2019-RPL1 Trust                                                             | CUSIP: 36167CAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    329630 | PA      | $321915.22    | 0.02%             | 2068-10-25      | Variable      | 2.65%                 | No            |                  2 | On Loan: No      |
| GCAT                                                 | GCAT 2022-NQM3 Trust                                                             | CUSIP: 36168MAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4201593 | PA      | $4184474.34   | 0.26%             | 2067-04-25      | Variable      | 4.35%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL INC                                | GFL Environmental Inc                                                            | CUSIP: 36168QAQ7<br>LEI: 894500E7NLBY9VZRT696 | Long             | DBT              | CORP              | CA        |     38000 | PA      | $39359.69     | 0.00%             | 2031-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| GCAT                                                 | GCAT 2023-NQM2 Trust                                                             | CUSIP: 36169DAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1082024 | PA      | $1079112.97   | 0.07%             | 2067-11-25      | Variable      | 5.84%                 | No            |                  2 | On Loan: No      |
| GGAM FINANCE LTD                                     | GGAM Finance Ltd                                                                 | CUSIP: 36170JAD8<br>LEI: 254900X2QXEN0FVXRF65 | Long             | DBT              | CORP              | KY        |    127000 | PA      | $129964.43    | 0.01%             | 2029-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| GGAM FINANCE LTD                                     | GGAM Finance Ltd                                                                 | CUSIP: 36170JAE6<br>LEI: 254900X2QXEN0FVXRF65 | Long             | DBT              | CORP              | KY        |     52000 | PA      | $51938.69     | 0.00%             | 2030-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| GITSIT Mortgage Loan Trust                           | GITSIT Mortgage Loan Trust 2025-NPL2                                             | CUSIP: 361728AA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1556543 | PA      | $1547076.29   | 0.10%             | 2055-12-25      | Variable      | 5.42%                 | No            |                  2 | On Loan: No      |
| General Motors                                       | GMF Floorplan Owner Revolving Trust                                              | CUSIP: 361886DA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2675000 | PA      | $2698389.40   | 0.17%             | 2029-03-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                         | GS Mortgage Securities Corp Trust 2017-485l                                      | CUSIP: 36252CAA0<br>LEI: 5493001UQE7OCP3UT106 | Long             | ABS-MBS          | CORP              | US        |    625000 | PA      | $613049.31    | 0.04%             | 2037-02-10      | Fixed         | 3.72%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities Trust                  | GS Mortgage-Backed Securities Trust 2020-NQM1                                    | CUSIP: 36259WAA9<br>LEI: 25490038RWR4AJZ5B524 | Long             | ABS-MBS          | CORP              | US        |    158438 | PA      | $151656.99    | 0.01%             | 2060-09-27      | Variable      | 1.38%                 | No            |                  2 | On Loan: No      |
| GE HEALTHCARE TECH INC                               | GE HealthCare Technologies Inc                                                   | CUSIP: 36266GAD9<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |    689000 | PA      | $684390.76    | 0.04%             | 2028-12-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| GE HEALTHCARE TECH INC                               | GE HealthCare Technologies Inc                                                   | CUSIP: 36267VAF0<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |   2160000 | PA      | $2203065.85   | 0.14%             | 2027-11-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities Trust                  | GS Mortgage-Backed Securities Trust 2025-NQM4                                    | CUSIP: 36272UAA6<br>LEI: 25490076N7JFR2Y3CU63 | Long             | ABS-MBS          | CORP              | US        |   1657869 | PA      | $1649160.16   | 0.10%             | 2065-10-25      | Variable      | 5.01%                 | No            |                  2 | On Loan: No      |
| GARDA WORLD SECURITY                                 | Garda World Security Corp                                                        | CUSIP: 36485MAL3<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |     10000 | PA      | $9538.07      | 0.00%             | 2029-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GARDA WORLD SECURITY                                 | Garda World Security Corp                                                        | CUSIP: 36485MAP4<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |     10000 | PA      | $10033.95     | 0.00%             | 2032-11-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| GATES CORPORATION/DE                                 | Gates Corp/DE                                                                    | CUSIP: 367398AA2<br>LEI: 984500F43C791F4C7894 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10247.09     | 0.00%             | 2029-07-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| GE Vernova Inc                                       | GE Vernova Inc                                                                   | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |      5453 | NS      | $4759923.70   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| GCAT                                                 | GCAT 2025-NQM5 Trust                                                             | CUSIP: 36831KAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3085452 | PA      | $3067465.00   | 0.19%             | 2070-08-25      | Variable      | 4.98%                 | No            |                  2 | On Loan: No      |
| General Electric Co                                  | General Electric Co                                                              | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |      5131 | NS      | $1456023.87   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL MILLS INC                                    | General Mills Inc                                                                | CUSIP: 370334CX0<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |    435000 | PA      | $435487.57    | 0.03%             | 2027-01-30      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| GENESEE & WYOMING INC                                | Genesee & Wyoming Inc                                                            | CUSIP: 371559AB1<br>LEI: G617XSG94Z7G0RMW3L02 | Long             | DBT              | CORP              | US        |     89000 | PA      | $90008.55     | 0.01%             | 2032-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| GOEASY LTD                                           | goeasy Ltd                                                                       | CUSIP: 380355AJ6<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |     15000 | PA      | $13203.09     | 0.00%             | 2029-07-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| GOEASY LTD                                           | goeasy Ltd                                                                       | CUSIP: 380355AM9<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |      8000 | PA      | $6613.78      | 0.00%             | 2030-05-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| GOEASY LTD                                           | goeasy Ltd                                                                       | CUSIP: 380355AN7<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |      3000 | PA      | $2483.11      | 0.00%             | 2030-10-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| GOEASY LTD                                           | goeasy Ltd                                                                       | CUSIP: 380355AR8<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |     11000 | PA      | $8857.95      | 0.00%             | 2031-02-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| GOLDENTREE LOAN MANAGEMENT US CLO LTD GLM_21-10A     | GOLDENTREE LOAN MANAGEMENT US CLO LTD GLM_21-10A                                 | CUSIP: 38138TAN1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   1425000 | PA      | $1425802.28   | 0.09%             | 2037-10-20      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| GoldenTree Loan Management US CLO19, LTD             | GoldenTree Loan Management US CLO 19 Ltd                                         | CUSIP: 38138WAN4<br>LEI: 9845000ND1D1M408P483 | Long             | ABS-CBDO         | CORP              | JE        |   2750000 | PA      | $2744494.50   | 0.17%             | 2039-07-20      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| GoldenTree Loan Management US CLO1, LTD              | GoldenTree Loan Management US CLO 27 Ltd                                         | CUSIP: 38140AAC2<br>LEI: 254900H1TTX80VH1NW52 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $2992587.00   | 0.19%             | 2039-01-20      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                              | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GYB4<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   2900000 | PA      | $2605347.39   | 0.16%             | 2032-04-22      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| GoodLeap Home Improvement Solutions Trust            | GoodLeap Home Improvement Solutions Trust 2024-1                                 | CUSIP: 381935AA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1105805 | PA      | $1114513.61   | 0.07%             | 2046-10-20      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_19-22  | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_19-22                              | CUSIP: 38381RDN6<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   3186823 | PA      | $359503.54    | 0.02%             | 2049-02-20      | Floating      | 2.26%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Government National Mortgage Association                                         | CUSIP: 38381UN24<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  34158504 | PA      | $897634.24    | 0.06%             | 2055-09-20      | Floating      | 0.68%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Government National Mortgage Association                                         | CUSIP: 38381USC7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3033040 | PA      | $3043492.72   | 0.19%             | 2055-09-20      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Government National Mortgage Association                                         | CUSIP: 38382F5U4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2397736 | PA      | $287555.17    | 0.02%             | 2050-07-20      | Floating      | 2.41%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_20-77                              | CUSIP: 38382FAN4<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   3129259 | PA      | $392809.58    | 0.02%             | 2049-05-20      | Variable      | 2.32%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-55  | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-55                              | CUSIP: 38382PHU9<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   2488704 | PA      | $320023.18    | 0.02%             | 2051-03-20      | Floating      | 2.51%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-58  | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-58                              | CUSIP: 38382RCF3<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   2445895 | PA      | $280218.37    | 0.02%             | 2051-04-20      | Floating      | 2.51%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-66  | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-66                              | CUSIP: 38382RE53<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   4607859 | PA      | $594325.31    | 0.04%             | 2051-04-20      | Floating      | 2.51%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-74  | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-74                              | CUSIP: 38382RHM3<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   2881289 | PA      | $371834.43    | 0.02%             | 2051-04-20      | Floating      | 2.51%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-98  | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-98                              | CUSIP: 38382TC93<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   2297696 | PA      | $325247.53    | 0.02%             | 2051-06-20      | Floating      | 2.51%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-154 | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-154                             | CUSIP: 38383AET7<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   5783452 | PA      | $769046.97    | 0.05%             | 2051-09-20      | Floating      | 2.51%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Government National Mortgage Association                                         | CUSIP: 38383BEG3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   6309668 | PA      | $610748.06    | 0.04%             | 2055-09-20      | Floating      | 2.33%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Government National Mortgage Association                                         | CUSIP: 38384JAV6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2122292 | PA      | $300442.08    | 0.02%             | 2050-01-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Government National Mortgage Association                                         | CUSIP: 38384JF25<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   5738210 | PA      | $661395.87    | 0.04%             | 2051-08-20      | Floating      | 2.26%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Government National Mortgage Association                                         | CUSIP: 38384JJ96<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   7488336 | PA      | $1395568.89   | 0.09%             | 2052-01-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Government National Mortgage Association                                         | CUSIP: 38384UXN4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   6926895 | PA      | $772901.58    | 0.05%             | 2054-08-20      | Floating      | 2.98%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_24-184 | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_24-184                             | CUSIP: 38384XH97<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   9475927 | PA      | $595019.97    | 0.04%             | 2054-11-20      | Floating      | 1.58%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_24-159 | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_24-159                             | CUSIP: 38384YAN1<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |  14482171 | PA      | $994492.12    | 0.06%             | 2054-10-20      | Floating      | 1.83%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_24-197 | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_24-197                             | CUSIP: 38385BDH0<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   8117339 | PA      | $773799.16    | 0.05%             | 2054-12-20      | Floating      | 2.33%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_24-197 | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_24-197                             | CUSIP: 38385BEL0<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   9792184 | PA      | $1036201.09   | 0.06%             | 2054-12-20      | Floating      | 2.38%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_24-197 | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_24-197                             | CUSIP: 38385BEV8<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   9838152 | PA      | $828765.97    | 0.05%             | 2054-12-20      | Floating      | 2.33%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Government National Mortgage Association                                         | CUSIP: 38385BPB0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2843236 | PA      | $270253.02    | 0.02%             | 2054-12-20      | Floating      | 2.43%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Government National Mortgage Association                                         | CUSIP: 38385BSH4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   7767504 | PA      | $835809.86    | 0.05%             | 2054-12-20      | Floating      | 2.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Government National Mortgage Association                                         | CUSIP: 38385EZR8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2259081 | PA      | $2299968.38   | 0.14%             | 2055-03-20      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| GRAY MEDIA INC                                       | Gray Media Inc                                                                   | CUSIP: 389286AA3<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |     20000 | PA      | $14785.60     | 0.00%             | 2031-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| GRAY MEDIA INC                                       | Gray Media Inc                                                                   | CUSIP: 389375AN6<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |     38000 | PA      | $38030.34     | 0.00%             | 2032-07-15      | Fixed         | 9.63%                 | No            |                  2 | On Loan: No      |
| GRAY MEDIA INC                                       | Gray Media Inc                                                                   | CUSIP: 389375AP1<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |     13000 | PA      | $13094.98     | 0.00%             | 2033-08-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Greensky Home Improvement Issuer Trust               | GreenSky Home Improvement Issuer Trust 2025-2                                    | CUSIP: 39571VAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2197768 | PA      | $2201218.18   | 0.14%             | 2060-06-25      | Fixed         | 4.89%                 | No            |                  2 | On Loan: No      |
| GRIFOLS SA                                           | Grifols SA                                                                       | CUSIP: 39843UAA0<br>LEI: 959800HSSNXWRKBK4N60 | Long             | DBT              | CORP              | ES        |     85000 | PA      | $83375.77     | 0.01%             | 2028-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| GROUP 1 AUTOMOTIVE INC                               | Group 1 Automotive Inc                                                           | CUSIP: 398905AQ2<br>LEI: 549300US8QAZJLWYAF63 | Long             | DBT              | CORP              | US        |     52000 | PA      | $52460.86     | 0.00%             | 2030-01-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Home Owner Mortgage Enhanced Securuties Limited      | HOMES 2025-NQM4 Trust                                                            | CUSIP: 403958AA9<br>LEI: 2549001JI3VOZZFMYK81 | Long             | ABS-MBS          | CORP              | US        |   1399040 | PA      | $1397218.91   | 0.09%             | 2070-08-25      | Variable      | 5.22%                 | No            |                  2 | On Loan: No      |
| HCA INC                                              | HCA Inc                                                                          | CUSIP: 404119CA5<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   3120000 | PA      | $2962624.90   | 0.19%             | 2030-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                    | HSBC Holdings PLC                                                                | CUSIP: 404280FM6<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   2167000 | PA      | $2127533.58   | 0.13%             | 2037-03-10      | Fixed         | 5.28%                 | No            |                  2 | On Loan: No      |
| HEALTHEQUITY INC                                     | HealthEquity Inc                                                                 | CUSIP: 42226AAA5<br>LEI: 529900LRJU1RAFQHM467 | Long             | DBT              | CORP              | US        |     67000 | PA      | $64816.93     | 0.00%             | 2029-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HEINEKEN NV                                          | Heineken NV                                                                      | CUSIP: 423012AF0<br>LEI: 724500K5PTPSST86UQ23 | Long             | DBT              | CORP              | NL        |   1140000 | PA      | $1122692.74   | 0.07%             | 2028-01-29      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC                                    | Herc Holdings Inc                                                                | CUSIP: 42704LAE4<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |     34000 | PA      | $34574.08     | 0.00%             | 2029-06-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC                                    | Herc Holdings Inc                                                                | CUSIP: 42704LAF1<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |     63000 | PA      | $64650.96     | 0.00%             | 2030-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC                                    | Herc Holdings Inc                                                                | CUSIP: 42704LAG9<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    111000 | PA      | $113966.24    | 0.01%             | 2033-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC                                    | Herc Holdings Inc                                                                | CUSIP: 42704LAH7<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |     13000 | PA      | $12811.39     | 0.00%             | 2031-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC                                    | Herc Holdings Inc                                                                | CUSIP: 42704LAK0<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |     45000 | PA      | $43484.28     | 0.00%             | 2034-03-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| HIGHTOWER HOLDING LLC                                | Hightower Holding LLC                                                            | CUSIP: 43118DAA8<br>LEI: 254900MKOSB7RTMA9K12 | Long             | DBT              | CORP              | US        |     84000 | PA      | $82269.19     | 0.01%             | 2029-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| HIGHTOWER HOLDING LLC                                | Hightower Holding LLC                                                            | CUSIP: 43118DAB6<br>LEI: 254900MKOSB7RTMA9K12 | Long             | DBT              | CORP              | US        |     59000 | PA      | $60148.95     | 0.00%             | 2030-01-31      | Fixed         | 9.13%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                             | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318AS3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $50061.22     | 0.00%             | 2028-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                             | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318AU8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     24000 | PA      | $23640.50     | 0.00%             | 2029-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                             | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318AY0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     16000 | PA      | $15563.10     | 0.00%             | 2030-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                             | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318AZ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     19000 | PA      | $18378.19     | 0.00%             | 2032-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                             | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318BC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     59000 | PA      | $61468.36     | 0.00%             | 2033-11-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                             | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318BG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     25000 | PA      | $24929.38     | 0.00%             | 2035-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                             | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AS0<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |     65000 | PA      | $64785.95     | 0.00%             | 2033-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HILTON GRAND VAC LLC/INC                             | Hilton Grand Vacations Borrower LLC / Hilton Grand Vacations Borrower Inc        | CUSIP: 43283QAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    101000 | PA      | $99951.22     | 0.01%             | 2032-01-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Home Partners of America Trust                       | Home Partners of America 2019-2 Trust                                            | CUSIP: 43732TAG6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1030332 | PA      | $999656.00    | 0.06%             | 2039-10-19      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Home Partners of America Trust                       | Home Partners of America 2021-2 Trust                                            | CUSIP: 43732VAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6235742 | PA      | $6130899.70   | 0.38%             | 2026-12-17      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Home Owner Mortgage Enhanced Securuties Limited      | HOMES 2025-AFC2 Trust                                                            | CUSIP: 43761YAA2<br>LEI: 2549001JI3VOZZFMYK81 | Long             | ABS-MBS          | CORP              | US        |   1383946 | PA      | $1388417.50   | 0.09%             | 2060-06-25      | Variable      | 5.47%                 | No            |                  2 | On Loan: No      |
| Honeywell International Inc                          | Honeywell International Inc                                                      | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |     79999 | NS      | $18082173.97  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| HOWDEN UK REFINANCE / US                             | Howden UK Refinance PLC / Howden UK Refinance 2 PLC / Howden US Refinance LLC    | CUSIP: 44287DAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |     77000 | PA      | $72216.87     | 0.00%             | 2032-02-15      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| HUB INTERNATIONAL LTD                                | HUB International Ltd                                                            | CUSIP: 44332PAG6<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |     43000 | PA      | $41993.57     | 0.00%             | 2029-12-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| HUB INTERNATIONAL LTD                                | HUB International Ltd                                                            | CUSIP: 44332PAH4<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |     89000 | PA      | $91377.49     | 0.01%             | 2030-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| HUB INTERNATIONAL LTD                                | HUB International Ltd                                                            | CUSIP: 44332PAJ0<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |    137000 | PA      | $139746.77    | 0.01%             | 2032-01-31      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| HUDBAY MINERALS INC                                  | Hudbay Minerals Inc                                                              | CUSIP: 443628AH5<br>LEI: 894500LX3TMESP27BE29 | Long             | DBT              | CORP              | CA        |     72000 | PA      | $71902.51     | 0.00%             | 2029-04-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| IHO VERWALTUNGS GMBH                                 | IHO Verwaltungs GmbH                                                             | CUSIP: 44963BAG3<br>LEI: 529900JL0HDVGZMUJF32 | Long             | DBT              | CORP              | DE        |     73000 | PA      | $75149.95     | 0.00%             | 2032-11-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| ILIAD HOLDING SAS                                    | Iliad Holding SAS                                                                | CUSIP: 449691AC8<br>LEI: 9695009BGMXB527HV965 | Long             | DBT              | CORP              | FR        |     68000 | PA      | $68414.94     | 0.00%             | 2028-10-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ILIAD HOLDING SAS                                    | Iliad Holding SAS                                                                | CUSIP: 449691AG9<br>LEI: 9695009BGMXB527HV965 | Long             | DBT              | CORP              | FR        |     32000 | PA      | $32066.00     | 0.00%             | 2032-04-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| INEOS FINANCE PLC                                    | INEOS Finance PLC                                                                | CUSIP: 44984WAH0<br>LEI: 2138002D68XDR4LZCG32 | Long             | DBT              | CORP              | GB        |     20000 | PA      | $19336.93     | 0.00%             | 2028-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| INEOS FINANCE PLC                                    | INEOS Finance PLC                                                                | CUSIP: 44984WAJ6<br>LEI: 2138002D68XDR4LZCG32 | Long             | DBT              | CORP              | GB        |    159000 | PA      | $154286.28    | 0.01%             | 2029-04-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ITT HOLDINGS LLC                                     | ITT Holdings LLC                                                                 | CUSIP: 45074JAA2<br>LEI: 549300TH2PHOLK31LB42 | Long             | DBT              | CORP              | US        |      6000 | PA      | $5848.26      | 0.00%             | 2029-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| IHEARTCOMMUNICATIONS INC                             | iHeartCommunications Inc                                                         | CUSIP: 45174HBJ5<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |      6118 | PA      | $5553.32      | 0.00%             | 2029-05-01      | Fixed         | 9.13%                 | No            |                  2 | On Loan: No      |
| IHEARTCOMMUNICATIONS INC                             | iHeartCommunications Inc                                                         | CUSIP: 45174HBM8<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |     14410 | PA      | $11565.35     | 0.00%             | 2030-08-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| CRESCENT ENERGY FINANCE                              | Crescent Energy Finance LLC                                                      | CUSIP: 45344LAD5<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20281.39     | 0.00%             | 2032-04-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| CRESCENT ENERGY FINANCE                              | Crescent Energy Finance LLC                                                      | CUSIP: 45344LAE3<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25006.28     | 0.00%             | 2033-01-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| INEOS QUATTRO FINANCE 2                              | INEOS Quattro Finance 2 Plc                                                      | CUSIP: 45674GAB0<br>LEI: 213800V48W4Y5MT5Q131 | Long             | DBT              | CORP              | GB        |     99000 | PA      | $81342.36     | 0.01%             | 2029-03-15      | Fixed         | 9.63%                 | No            |                  2 | On Loan: No      |
| INNOPHOS HOLDINGS INC                                | Innophos Holdings Inc                                                            | CUSIP: 45774NAD0<br>LEI: XQ0331QX53IRX25OY417 | Long             | DBT              | CORP              | US        |     58550 | PA      | $48739.66     | 0.00%             | 2029-06-15      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| INSTALLED BUILDING PRODU                             | Installed Building Products Inc                                                  | CUSIP: 45780RAB7<br>LEI: 549300I95Y9P9YM5FI86 | Long             | DBT              | CORP              | US        |     13000 | PA      | $12762.68     | 0.00%             | 2034-02-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                           | Intel Corp                                                                       | CUSIP: 458140BM1<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    675000 | PA      | $545290.52    | 0.03%             | 2050-03-25      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange Inc                        | Intercontinental Exchange Inc                                                    | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |     31166 | NS      | $4901788.48   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| IBM CORP                                             | International Business Machines Corp                                             | CUSIP: 459200JZ5<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |   1695000 | PA      | $1692750.72   | 0.11%             | 2026-05-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| International Flavors & Fragrances Inc               | International Flavors & Fragrances Inc                                           | CUSIP: 459506101<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | EC               | CORP              | US        |     84288 | NS      | $6115094.40   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                                           | Intuit Inc                                                                       | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |     11979 | NS      | $5179480.02   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| OLYMPUS WTR US HLDG CORP                             | Olympus Water US Holding Corp                                                    | CUSIP: 46150DAA0<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |     65000 | PA      | $61933.56     | 0.00%             | 2032-08-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ION PLATFORM FINANCE US                              | ION Platform Finance US Inc                                                      | CUSIP: 46205QAB4<br>LEI: 213800FKHT3BRRKMCC89 | Long             | DBT              | CORP              | US        |     63000 | PA      | $48802.50     | 0.00%             | 2032-09-30      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| ION PLAT FIN US/SARL                                 | ION Platform Finance US Inc / ION Platform Finance SARL                          | CUSIP: 46206AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     72000 | PA      | $67856.97     | 0.00%             | 2028-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ION PLAT FIN US/SARL                                 | ION Platform Finance US Inc / ION Platform Finance SARL                          | CUSIP: 46206AAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $187949.12    | 0.01%             | 2029-05-30      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| IQVIA Holdings Inc                                   | IQVIA Holdings Inc                                                               | CUSIP: 46266C105<br>LEI: 549300W3R20NM4KQPH86 | Long             | EC               | CORP              | US        |     40868 | NS      | $6969628.72   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| IQVIA INC                                            | IQVIA Inc                                                                        | CUSIP: 46266TAA6<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |     79000 | PA      | $78787.53     | 0.00%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IQVIA INC                                            | IQVIA Inc                                                                        | CUSIP: 46266TAD0<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |     16000 | PA      | $16348.08     | 0.00%             | 2030-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| IQVIA INC                                            | IQVIA Inc                                                                        | CUSIP: 46266TAG3<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50760.47     | 0.00%             | 2032-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                                    | Iron Mountain Inc                                                                | CUSIP: 46284VAC5<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |     14000 | PA      | $13976.34     | 0.00%             | 2027-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                                    | Iron Mountain Inc                                                                | CUSIP: 46284VAG6<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |    133000 | PA      | $131603.62    | 0.01%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                                    | Iron Mountain Inc                                                                | CUSIP: 46284VAP6<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |     17000 | PA      | $17333.59     | 0.00%             | 2029-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                                    | Iron Mountain Inc                                                                | CUSIP: 46284VAQ4<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |     15000 | PA      | $14961.56     | 0.00%             | 2033-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| iShares Core MSCI EAFE ETF                           | iShares Core MSCI EAFE ETF                                                       | CUSIP: 46432F842<br>LEI: 5493009FT582MI7Y3I36 | Long             | EC               | RF                | US        |    501396 | NS      | $45391379.88  | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| JH NORTH AMERICA HOLDING                             | JH North America Holdings Inc                                                    | CUSIP: 46593WAB1<br>LEI: 254900A6FXA0D81TL967 | Long             | DBT              | CORP              | US        |     17000 | PA      | $16976.61     | 0.00%             | 2032-07-31      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                             | JP Morgan Mortgage Trust 2025-VIS3                                               | CUSIP: 46594EAC8<br>LEI: 529900371ZWA9WXVGB88 | Long             | ABS-MBS          | CORP              | US        |   3162607 | PA      | $3149336.46   | 0.20%             | 2066-02-25      | Variable      | 5.06%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                  | JPMorgan Chase & Co                                                              | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     34628 | NS      | $10186172.48  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE & CO                                  | JPMorgan Chase & Co                                                              | CUSIP: 46647PEJ1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   4083000 | PA      | $4141465.42   | 0.26%             | 2030-07-22      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                  | JPMorgan Chase & Co                                                              | CUSIP: 46647PFD3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    949000 | PA      | $934240.00    | 0.06%             | 2031-10-22      | Fixed         | 4.26%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                  | JPMorgan Chase & Co                                                              | CUSIP: 46647PFE1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    201000 | PA      | $195106.10    | 0.01%             | 2036-10-22      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                  | JPMorgan Chase & Co                                                              | CUSIP: 46647PFG6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1921000 | PA      | $1893719.67   | 0.12%             | 2032-01-22      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                  | JPMorgan Chase & Co                                                              | CUSIP: 46647PFJ0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    246000 | PA      | $240657.81    | 0.02%             | 2037-01-22      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Jacobs Solutions Inc                                 | Jacobs Solutions Inc                                                             | CUSIP: 46982L108<br>LEI: 254900E3KHXCC2C8K272 | Long             | EC               | CORP              | US        |     49148 | NS      | $6255557.44   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| JAMES HARDIE INTL FIN                                | James Hardie International Finance DAC                                           | CUSIP: 47032FAB5<br>LEI: 635400G32A4Q1LVQ8M88 | Long             | DBT              | CORP              | IE        |     52000 | PA      | $51689.82     | 0.00%             | 2028-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KAISER ALUMINUM CORP                                 | Kaiser Aluminum Corp                                                             | CUSIP: 483007AL4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     34000 | PA      | $32117.80     | 0.00%             | 2031-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| KAISER ALUMINUM CORP                                 | Kaiser Aluminum Corp                                                             | CUSIP: 483007AM2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    132000 | PA      | $129764.86    | 0.01%             | 2034-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENER PART                              | Kinder Morgan Energy Partners LP                                                 | CUSIP: 494550BU9<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |    660000 | PA      | $623491.65    | 0.04%             | 2044-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| KODIAK GAS SERVICES LLC                              | Kodiak Gas Services LLC                                                          | CUSIP: 50012LAC8<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |     49000 | PA      | $50775.63     | 0.00%             | 2029-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| KODIAK GAS SERVICES LLC                              | Kodiak Gas Services LLC                                                          | CUSIP: 50012LAD6<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |     32000 | PA      | $32273.58     | 0.00%             | 2033-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| KODIAK GAS SERVICES LLC                              | Kodiak Gas Services LLC                                                          | CUSIP: 50012LAE4<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |     69000 | PA      | $70085.00     | 0.00%             | 2035-10-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| KODIAK GAS SERVICES LLC                              | Kodiak Gas Services LLC                                                          | CUSIP: 50012LAF1<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |     34000 | PA      | $34143.65     | 0.00%             | 2031-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO                                 | Kraft Heinz Foods Co                                                             | CUSIP: 50077LAD8<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |   1425000 | PA      | $1420685.79   | 0.09%             | 2026-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| LCM INVESTMENTS HOLDINGS                             | LCM Investments Holdings II LLC                                                  | CUSIP: 50190EAC8<br>LEI: 549300P5V78NNQTG4428 | Long             | DBT              | CORP              | US        |     89000 | PA      | $92351.68     | 0.01%             | 2031-08-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| L3HARRIS TECH INC                                    | L3Harris Technologies Inc                                                        | CUSIP: 502431AP4<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |   3200000 | PA      | $3225897.13   | 0.20%             | 2027-01-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| L3HARRIS TECH INC                                    | L3Harris Technologies Inc                                                        | CUSIP: 502431AQ2<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |    375000 | PA      | $384455.66    | 0.02%             | 2033-07-31      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| LYB INT FINANCE III                                  | LYB International Finance III LLC                                                | CUSIP: 50249AAJ2<br>LEI: 984500A51LA0B8EB4053 | Long             | DBT              | CORP              | US        |    500000 | PA      | $322126.44    | 0.02%             | 2051-04-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| LADDER CAP FIN LLLP/CORP                             | Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp               | CUSIP: 505742AR7<br>LEI: N/A                  | Long             | DBT              |  | US        |     26000 | PA      | $26901.63     | 0.00%             | 2031-07-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Lam Research Corp                                    | Lam Research Corp                                                                | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |     38047 | NS      | $8129122.02   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| LAMB WESTON HLD                                      | Lamb Weston Holdings Inc                                                         | CUSIP: 513272AE4<br>LEI: 5493005SMYID1D2OY946 | Long             | DBT              | CORP              | US        |     23000 | PA      | $21438.29     | 0.00%             | 2032-01-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CRESCENT ENERGY FINANCE                              | Crescent Energy Finance LLC                                                      | CUSIP: 516806AK2<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |     28000 | PA      | $28643.61     | 0.00%             | 2032-04-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| LBM ACQUISITION LLC                                  | LBM Acquisition LLC                                                              | CUSIP: 52109SAB5<br>LEI: 549300FAEB3VWZL4NI86 | Long             | DBT              | CORP              | US        |     64000 | PA      | $55683.15     | 0.00%             | 2031-06-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Legacy Mortgage Asset Trust                          | Legacy Mortgage Asset Trust 2021-GS1                                             | CUSIP: 52474JAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    884870 | PA      | $887595.05    | 0.06%             | 2066-10-25      | Variable      | 5.89%                 | No            |                  2 | On Loan: No      |
| Legacy Mortgage Asset Trust                          | Legacy Mortgage Asset Trust 2021-GS2                                             | CUSIP: 52476DAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1569816 | PA      | $1572558.39   | 0.10%             | 2061-04-25      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| Lendbuzz Securitization Trust                        | Lendbuzz Securitization Trust 2023-3                                             | CUSIP: 525931AB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    341938 | PA      | $347507.03    | 0.02%             | 2028-12-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                                | Level 3 Financing Inc                                                            | CUSIP: 527298CQ4<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |     53000 | PA      | $55287.91     | 0.00%             | 2036-01-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| LIGHT & WONDER INTL INC                              | Light & Wonder International Inc                                                 | CUSIP: 531968AA3<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |     44000 | PA      | $45250.54     | 0.00%             | 2031-09-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| LIGHT & WONDER INTL INC                              | Light & Wonder International Inc                                                 | CUSIP: 531968AB1<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |     65000 | PA      | $63638.09     | 0.00%             | 2033-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC                                 | LifePoint Health Inc                                                             | CUSIP: 53219LAW9<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |     13000 | PA      | $13997.37     | 0.00%             | 2030-10-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| Eli Lilly & Co                                       | Eli Lilly & Co                                                                   | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |     24120 | NS      | $22184852.40  | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| LITHIA MOTORS INC                                    | Lithia Motors Inc                                                                | CUSIP: 536797AF0<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18756.50     | 0.00%             | 2031-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORP                                 | Lockheed Martin Corp                                                             | CUSIP: 539830CL1<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |    800000 | PA      | $800814.72    | 0.05%             | 2030-08-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| LONG RIDGE ENERGY LLC                                | Long Ridge Energy LLC                                                            | CUSIP: 54288CAA1<br>LEI: 984500764EC9AZ2FC764 | Long             | DBT              | CORP              | US        |     42000 | PA      | $44048.40     | 0.00%             | 2032-02-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                       | Lowe's Cos Inc                                                                   | CUSIP: 548661EF0<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    590000 | PA      | $446377.75    | 0.03%             | 2062-04-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                       | Lowe's Cos Inc                                                                   | CUSIP: 548661EJ2<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    378000 | PA      | $289499.24    | 0.02%             | 2052-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MFRA Trust                                           | MFA 2021-INV1 Trust                                                              | CUSIP: 552747AA5<br>LEI: 2549007EHG79GWD49I44 | Long             | ABS-MBS          | CORP              | US        |     35211 | PA      | $34551.12     | 0.00%             | 2056-01-25      | Variable      | 0.85%                 | No            |                  2 | On Loan: No      |
| MFRA Trust                                           | MFA 2021-INV1 Trust                                                              | CUSIP: 552747AB3<br>LEI: 2549007EHG79GWD49I44 | Long             | ABS-MBS          | CORP              | US        |      6641 | PA      | $6518.69      | 0.00%             | 2056-01-25      | Variable      | 1.06%                 | No            |                  2 | On Loan: No      |
| MFRA Trust                                           | MFA 2021-INV1 Trust                                                              | CUSIP: 552747AC1<br>LEI: 2549007EHG79GWD49I44 | Long             | ABS-MBS          | CORP              | US        |     11105 | PA      | $10902.90     | 0.00%             | 2056-01-25      | Variable      | 1.26%                 | No            |                  2 | On Loan: No      |
| MFRA Trust                                           | MFA 2020-NQM3 Trust                                                              | CUSIP: 552757AD8<br>LEI: 2549007EHG79GWD49I44 | Long             | ABS-MBS          | CORP              | US        |    475000 | PA      | $436891.75    | 0.03%             | 2065-01-26      | Variable      | 2.65%                 | No            |                  2 | On Loan: No      |
| MFRA Trust                                           | MFA 2021-NQM1 Trust                                                              | CUSIP: 55283FAA6<br>LEI: 2549007EHG79GWD49I44 | Long             | ABS-MBS          | CORP              | US        |    312281 | PA      | $296303.78    | 0.02%             | 2065-04-25      | Variable      | 1.15%                 | No            |                  2 | On Loan: No      |
| MFRA Trust                                           | MFA 2022-NQM2 Trust                                                              | CUSIP: 55285QAA0<br>LEI: 2549007EHG79GWD49I44 | Long             | ABS-MBS          | CORP              | US        |   3766669 | PA      | $3739585.14   | 0.23%             | 2067-05-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| MFRA Trust                                           | MFA 2023-NQM4 Trust                                                              | CUSIP: 55286LAA0<br>LEI: 2549007EHG79GWD49I44 | Long             | ABS-MBS          | CORP              | US        |    267798 | PA      | $268550.66    | 0.02%             | 2068-12-25      | Variable      | 6.11%                 | No            |                  2 | On Loan: No      |
| MMP Capital                                          | MMP Capital 2025-A LLC                                                           | CUSIP: 55317QAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1109545 | PA      | $1115982.74   | 0.07%             | 2031-12-15      | Fixed         | 5.36%                 | No            |                  2 | On Loan: No      |
| MADISON IAQ LLC                                      | Madison IAQ LLC                                                                  | CUSIP: 55760LAB3<br>LEI: 549300IXDNBXNHUPBU73 | Long             | DBT              | CORP              | US        |    121000 | PA      | $118868.97    | 0.01%             | 2029-06-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                             | Madison Park Funding XXXIII Ltd                                                  | CUSIP: 55819JAQ6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3600000 | PA      | $3602210.40   | 0.23%             | 2032-10-15      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                             | Madison Park Funding XXIX LTD                                                    | CUSIP: 55820CAW5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2900000 | PA      | $2889850.00   | 0.18%             | 2038-03-25      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                             | Madison Park Funding XLII Ltd                                                    | CUSIP: 55822RAB6<br>LEI: 549300YWZ8HFDYP0MR16 | Long             | ABS-CBDO         | CORP              | KY        |   1471279 | PA      | $1471484.61   | 0.09%             | 2030-11-21      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| DISCOVERY HOLDINGS INC                               | Discovery Global Holdings Inc                                                    | CUSIP: 55903VBQ5<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |     30000 | PA      | $26560.23     | 0.00%             | 2032-03-15      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| DISCOVERY HOLDINGS INC                               | Discovery Global Holdings Inc                                                    | CUSIP: 55903VBU6<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |     15000 | PA      | $9089.63      | 0.00%             | 2052-03-15      | Fixed         | 5.14%                 | No            |                  2 | On Loan: No      |
| DISCOVERY HOLDINGS INC                               | Discovery Global Holdings Inc                                                    | CUSIP: 55903VBW2<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    122000 | PA      | $81390.82     | 0.01%             | 2042-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Marlette Funding Trust                               | Marlette Funding Trust 2024-1                                                    | CUSIP: 57108VAB8<br>LEI: 549300JRCMNFIBT50883 | Long             | ABS-O            | CORP              | US        |    467884 | PA      | $469159.53    | 0.03%             | 2034-07-17      | Fixed         | 6.07%                 | No            |                  2 | On Loan: No      |
| MARRIOTT OWNERSHIP RESOR                             | Marriott Ownership Resorts Inc                                                   | CUSIP: 57164PAK2<br>LEI: BW4532OH033VURR0IT68 | Long             | DBT              | CORP              | US        |    120000 | PA      | $114101.24    | 0.01%             | 2033-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MARS INC                                             | Mars Inc                                                                         | CUSIP: 571676AT2<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |   1375000 | PA      | $1384556.12   | 0.09%             | 2028-04-20      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| MARS INC                                             | Mars Inc                                                                         | CUSIP: 571676BA2<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |   1826000 | PA      | $1842605.56   | 0.12%             | 2035-03-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Marvell Technology Inc                               | Marvell Technology Inc                                                           | CUSIP: 573874104<br>LEI: 254900WVU0BM7ZCJ9E93 | Long             | EC               | CORP              | US        |     69455 | NS      | $6879517.75   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                                       | Mastercard Inc                                                                   | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     18673 | NS      | $9330151.18   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| MATADOR RESOURCES CO                                 | Matador Resources Co                                                             | CUSIP: 576485AG1<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | DBT              | CORP              | US        |     74000 | PA      | $74787.43     | 0.00%             | 2032-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MATADOR RESOURCES CO                                 | Matador Resources Co                                                             | CUSIP: 576485AH9<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | DBT              | CORP              | US        |     18000 | PA      | $18005.48     | 0.00%             | 2033-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MATADOR RESOURCES CO                                 | Matador Resources Co                                                             | CUSIP: 576485AJ5<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | DBT              | CORP              | US        |     59000 | PA      | $58592.89     | 0.00%             | 2034-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC                               | Match Group Holdings II LLC                                                      | CUSIP: 57665RAG1<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |      8000 | PA      | $7964.34      | 0.00%             | 2027-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC                               | Match Group Holdings II LLC                                                      | CUSIP: 57665RAJ5<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |     38000 | PA      | $37510.86     | 0.00%             | 2029-02-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC                               | Match Group Holdings II LLC                                                      | CUSIP: 57665RAN6<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |     35000 | PA      | $34231.96     | 0.00%             | 2028-06-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC                               | Match Group Holdings II LLC                                                      | CUSIP: 57667JAA0<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |     43000 | PA      | $38196.88     | 0.00%             | 2031-10-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| MCGRAW-HILL EDUCATION                                | McGraw-Hill Education Inc                                                        | CUSIP: 57767XAB6<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29958.10     | 0.00%             | 2029-08-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| MCAFEE CORP                                          | McAfee Corp                                                                      | CUSIP: 579063AB4<br>LEI: 2549009UKR8UEZYVCR93 | Long             | DBT              | CORP              | US        |    176000 | PA      | $145184.52    | 0.01%             | 2030-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| MFRA Trust                                           | MFA 2025-NQM3 Trust                                                              | CUSIP: 58004LAA5<br>LEI: 2549007EHG79GWD49I44 | Long             | ABS-MBS          | CORP              | US        |   1470938 | PA      | $1470206.99   | 0.09%             | 2070-08-25      | Variable      | 5.26%                 | No            |                  2 | On Loan: No      |
| MCGRAW-HILL EDUCATION                                | McGraw-Hill Education Inc                                                        | CUSIP: 58064LAA2<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25535.54     | 0.00%             | 2031-09-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| MERCK & CO INC                                       | Merck & Co Inc                                                                   | CUSIP: 58933YBZ7<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |   1474000 | PA      | $1446638.08   | 0.09%             | 2035-12-04      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MET TOWER GLOBAL FUNDING                             | Met Tower Global Funding                                                         | CUSIP: 58989V2H6<br>LEI: 635400OFJCY9IOGBGY57 | Long             | DBT              | CORP              | US        |   1013000 | PA      | $1032786.19   | 0.06%             | 2029-04-12      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MET TOWER GLOBAL FUNDING                             | Met Tower Global Funding                                                         | CUSIP: 58989V2J2<br>LEI: 635400OFJCY9IOGBGY57 | Long             | DBT              | CORP              | US        |   1067000 | PA      | $1062430.17   | 0.07%             | 2027-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metlife Securitization Trust                         | METLIFE SECURITIZATION TRUST 2018-1                                              | CUSIP: 59166DAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    255688 | PA      | $247634.82    | 0.02%             | 2057-03-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                       | Microsoft Corp                                                                   | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    154378 | NS      | $57146104.26  | 3.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc                                | Micron Technology Inc                                                            | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |      9592 | NS      | $3240561.28   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Mill City Mortgage Trust                             | Mill City Mortgage Loan Trust 2018-3                                             | CUSIP: 59980XAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    242810 | PA      | $240353.21    | 0.02%             | 2058-08-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| Mill City Mortgage Trust                             | Mill City Mortgage Loan Trust 2021-NMR1                                          | CUSIP: 59982HAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1150000 | PA      | $1067268.54   | 0.07%             | 2060-11-25      | Variable      | 1.85%                 | No            |                  2 | On Loan: No      |
| ATHENAHEALTH GROUP INC                               | AthenaHealth Group Inc                                                           | CUSIP: 60337JAA4<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | DBT              | CORP              | US        |    113000 | PA      | $105554.90    | 0.01%             | 2030-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                       | Morgan Stanley                                                                   | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |     56366 | NS      | $9276152.62   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY                                       | Morgan Stanley                                                                   | CUSIP: 61747YEF8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   1725000 | PA      | $1483935.77   | 0.09%             | 2036-09-16      | Fixed         | 2.48%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                       | Morgan Stanley                                                                   | CUSIP: 61747YGB5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    826000 | PA      | $820411.97    | 0.05%             | 2032-03-12      | Fixed         | 4.71%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                       | Morgan Stanley                                                                   | CUSIP: 61748UAS1<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    559000 | PA      | $549813.76    | 0.03%             | 2032-01-16      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                       | Morgan Stanley                                                                   | CUSIP: 61748UAT9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   1925000 | PA      | $1885407.39   | 0.12%             | 2037-01-30      | Fixed         | 5.07%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                            | Morgan Stanley Bank of America Merrill Lynch Trust 2017-C34                      | CUSIP: 61767EAD6<br>LEI: 549300P1YQ48837ZOI22 | Long             | ABS-MBS          | CORP              | US        |   2250000 | PA      | $2213684.10   | 0.14%             | 2052-11-15      | Fixed         | 3.28%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Residential Mortgage Loan Trust       | Morgan Stanley Residential Mortgage Loan Trust 2025-DSC2                         | CUSIP: 61778XAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1321599 | PA      | $1324543.81   | 0.08%             | 2070-07-25      | Variable      | 5.44%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Residential Mortgage Loan Trust       | Morgan Stanley Residential Mortgage Loan Trust 2025-NQM7                         | CUSIP: 61779KAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2375712 | PA      | $2362126.93   | 0.15%             | 2070-09-25      | Variable      | 4.98%                 | No            |                  2 | On Loan: No      |
| MPOWER Education Trust                               | MPOWER Education Trust 2024-A                                                    | CUSIP: 62476DAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    482581 | PA      | $491930.66    | 0.03%             | 2041-07-22      | Fixed         | 6.78%                 | No            |                  2 | On Loan: No      |
| MPOWER Education Trust                               | MPOWER Education Trust 2025-1                                                    | CUSIP: 62477DAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    935676 | PA      | $935606.44    | 0.06%             | 2042-12-22      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP                                  | Medline Borrower LP                                                              | CUSIP: 62482BAB8<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |    157000 | PA      | $155593.53    | 0.01%             | 2029-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NCR VOYIX CORP                                       | NCR Voyix Corp                                                                   | CUSIP: 62886EAY4<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |     94000 | PA      | $90569.96     | 0.01%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NCR VOYIX CORP                                       | NCR Voyix Corp                                                                   | CUSIP: 62886EBA5<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |     28000 | PA      | $26829.36     | 0.00%             | 2029-04-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                                  | NCL Corp Ltd                                                                     | CUSIP: 62886HBR1<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |     40000 | PA      | $39694.79     | 0.00%             | 2032-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                                  | NCL Corp Ltd                                                                     | CUSIP: 62886HBY6<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |     74000 | PA      | $71883.42     | 0.00%             | 2031-01-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                                  | NCL Corp Ltd                                                                     | CUSIP: 62886HBZ3<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |     55000 | PA      | $53413.62     | 0.00%             | 2033-09-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| NCL FINANCE LTD                                      | NCL Finance Ltd                                                                  | CUSIP: 62888HAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     33000 | PA      | $33254.34     | 0.00%             | 2028-03-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                       | NRG Energy Inc                                                                   | CUSIP: 629377CQ3<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |     28000 | PA      | $26610.15     | 0.00%             | 2029-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                       | NRG Energy Inc                                                                   | CUSIP: 629377CR1<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |     22000 | PA      | $20317.80     | 0.00%             | 2031-02-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                       | NRG Energy Inc                                                                   | CUSIP: 629377CS9<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |      7000 | PA      | $6423.05      | 0.00%             | 2032-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                       | NRG Energy Inc                                                                   | CUSIP: 629377CW0<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |     41000 | PA      | $41145.60     | 0.00%             | 2033-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                       | NRG Energy Inc                                                                   | CUSIP: 629377CX8<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |     12000 | PA      | $12086.31     | 0.00%             | 2034-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                       | NRG Energy Inc                                                                   | CUSIP: 629377CY6<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |     61000 | PA      | $60905.94     | 0.00%             | 2029-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                       | NRG Energy Inc                                                                   | CUSIP: 629377DC3<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |     41000 | PA      | $40534.70     | 0.00%             | 2034-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                       | NRG Energy Inc                                                                   | CUSIP: 629377DD1<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |     67000 | PA      | $66387.79     | 0.00%             | 2036-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                               | NXP BV / NXP Funding LLC / NXP USA Inc                                           | CUSIP: 62954HAY4<br>LEI: 724500RKKW4NOJ9YQF60 | Long             | DBT              | CORP              | XX        |    585000 | PA      | $557584.65    | 0.03%             | 2030-05-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                               | NXP BV / NXP Funding LLC / NXP USA Inc                                           | CUSIP: 62954HBA5<br>LEI: 724500RKKW4NOJ9YQF60 | Long             | DBT              | CORP              | XX        |    809000 | PA      | $726483.92    | 0.05%             | 2031-05-11      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES INC                                | Nabors Industries Inc                                                            | CUSIP: 62957HAP0<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |     65000 | PA      | $68221.47     | 0.00%             | 2030-01-31      | Fixed         | 9.13%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES INC                                | Nabors Industries Inc                                                            | CUSIP: 62957HAQ8<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |     15000 | PA      | $15640.85     | 0.00%             | 2031-08-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES INC                                | Nabors Industries Inc                                                            | CUSIP: 62957HAR6<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |     49000 | PA      | $50143.49     | 0.00%             | 2032-11-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| New York Mortgage Trust                              | NYMT Loan Trust 2025-INV2                                                        | CUSIP: 62957JAC5<br>LEI: 254900EYRFLK2LMLVT67 | Long             | ABS-MBS          | CORP              | US        |   2125732 | PA      | $2113826.16   | 0.13%             | 2060-10-25      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| NCR ATLEOS LLC                                       | NCR Atleos Corp                                                                  | CUSIP: 638962AA8<br>LEI: 9845005FC3S0VA714741 | Long             | DBT              | CORP              | US        |     85000 | PA      | $90981.06     | 0.01%             | 2029-04-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| NAVIENT CORP                                         | Navient Corp                                                                     | CUSIP: 63938CAP3<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |     45000 | PA      | $45684.60     | 0.00%             | 2031-03-15      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| NEPTUNE BIDCO US INC                                 | Neptune Bidco US Inc                                                             | CUSIP: 640695AA0<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |     82000 | PA      | $82303.16     | 0.01%             | 2029-04-15      | Fixed         | 9.29%                 | No            |                  2 | On Loan: No      |
| NEPTUNE BIDCO US INC                                 | Neptune Bidco US Inc                                                             | CUSIP: 640695AC6<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |     17000 | PA      | $17191.92     | 0.00%             | 2031-05-15      | Fixed         | 10.38%                | No            |                  2 | On Loan: No      |
| NEPTUNE BIDCO US INC                                 | Neptune Bidco US Inc                                                             | CUSIP: 640695AD4<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |     17000 | PA      | $16558.59     | 0.00%             | 2033-02-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Netflix Inc                                          | Netflix Inc                                                                      | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |    175975 | NS      | $16919996.25  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW RESIDENTIAL MORTGAGE LOAN TR                     | NEW RESIDENTIAL MORTGAGE LOAN TR                                                 | CUSIP: 64829HAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     92676 | PA      | $88961.16     | 0.01%             | 2056-09-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                                    | Newell Brands Inc                                                                | CUSIP: 651229BE5<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |     28000 | PA      | $26765.66     | 0.00%             | 2032-05-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                                    | Newell Brands Inc                                                                | CUSIP: 651229BF2<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |     55000 | PA      | $52963.03     | 0.00%             | 2030-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                                    | Newell Brands Inc                                                                | CUSIP: 651229BG0<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |     26000 | PA      | $26886.73     | 0.00%             | 2028-06-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                               | NextEra Energy Capital Holdings Inc                                              | CUSIP: 65339KCL2<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    996000 | PA      | $1000928.82   | 0.06%             | 2027-09-01      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                               | NextEra Energy Capital Holdings Inc                                              | CUSIP: 65339KDL1<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   2300000 | PA      | $2342950.83   | 0.15%             | 2035-03-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| XPLR INFRAST OPERATING                               | XPLR Infrastructure Operating Partners LP                                        | CUSIP: 65342QAB8<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |     34000 | PA      | $33665.36     | 0.00%             | 2027-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| XPLR INFRAST OPERATING                               | XPLR Infrastructure Operating Partners LP                                        | CUSIP: 65342QAM4<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |     52000 | PA      | $53707.30     | 0.00%             | 2029-01-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| NEXSTAR MEDIA INC                                    | Nexstar Media Inc                                                                | CUSIP: 65346UAA7<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |     68000 | PA      | $68148.19     | 0.00%             | 2034-04-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| NEXSTAR MEDIA INC                                    | Nexstar Media Inc                                                                | CUSIP: 65346UAB5<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |     78000 | PA      | $78603.38     | 0.00%             | 2033-09-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| NIKE Inc                                             | NIKE Inc                                                                         | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |     17391 | NS      | $918592.62    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| NISOURCE INC                                         | NiSource Inc                                                                     | CUSIP: 65473PAJ4<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |    585000 | PA      | $564080.30    | 0.04%             | 2030-05-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE                              | Nissan Motor Acceptance Co LLC                                                   | CUSIP: 65480CAL9<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24045.23     | 0.00%             | 2030-09-30      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR CO                                      | Nissan Motor Co Ltd                                                              | CUSIP: 654922AD5<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |     85000 | PA      | $87580.17     | 0.01%             | 2035-07-17      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| NORFOLK SOUTHERN CORP                                | Norfolk Southern Corp                                                            | CUSIP: 655844BS6<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |    868000 | PA      | $865869.28    | 0.05%             | 2026-06-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| NORTHROP GRUMMAN CORP                                | Northrop Grumman Corp                                                            | CUSIP: 666807BK7<br>LEI: RIMU48P07456QXSO0R61 | Long             | DBT              | CORP              | US        |    309000 | PA      | $306657.27    | 0.02%             | 2027-02-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| NORTHROP GRUMMAN CORP                                | Northrop Grumman Corp                                                            | CUSIP: 666807CK6<br>LEI: RIMU48P07456QXSO0R61 | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1610832.77   | 0.10%             | 2029-02-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| NOVA CHEMICALS CORP                                  | NOVA Chemicals Corp                                                              | CUSIP: 66977WAT6<br>LEI: 549300ZOD6N7RI2FJP09 | Long             | DBT              | CORP              | CA        |     12000 | PA      | $12491.56     | 0.00%             | 2028-11-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| NOVA CHEMICALS CORP                                  | NOVA Chemicals Corp                                                              | CUSIP: 66977WAU3<br>LEI: 549300ZOD6N7RI2FJP09 | Long             | DBT              | CORP              | CA        |     76000 | PA      | $80261.24     | 0.01%             | 2030-02-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| NOVA CHEMICALS CORP                                  | NOVA Chemicals Corp                                                              | CUSIP: 66977WAV1<br>LEI: 549300ZOD6N7RI2FJP09 | Long             | DBT              | CORP              | CA        |     13000 | PA      | $13743.61     | 0.00%             | 2031-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORP                                         | Novelis Corp                                                                     | CUSIP: 670001AE6<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |     97000 | PA      | $91871.65     | 0.01%             | 2030-01-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORP                                         | Novelis Corp                                                                     | CUSIP: 670001AH9<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |     54000 | PA      | $48057.54     | 0.00%             | 2031-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORP                                         | Novelis Corp                                                                     | CUSIP: 670001AL0<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |     11000 | PA      | $11096.77     | 0.00%             | 2030-01-30      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORP                                         | Novelis Corp                                                                     | CUSIP: 670001AN6<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |     90000 | PA      | $88270.82     | 0.01%             | 2033-08-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| NUSTAR LOGISTICS LP                                  | NuStar Logistics LP                                                              | CUSIP: 67059TAH8<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | DBT              | CORP              | US        |     24000 | PA      | $24817.66     | 0.00%             | 2030-10-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| NVIDIA Corp                                          | NVIDIA Corp                                                                      | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    451420 | NS      | $78727648.00  | 4.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Oak Hill Credit Partners                             | OHA Credit Funding 4 Ltd                                                         | CUSIP: 67098DBC6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1375000 | PA      | $1377040.50   | 0.09%             | 2038-01-22      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| Oak Hill Credit Partners                             | OHA Credit Funding 6 Ltd                                                         | CUSIP: 67098UAY1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2600000 | PA      | $2603671.20   | 0.16%             | 2037-10-20      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                             | OBX 2023-NQM8 Trust                                                              | CUSIP: 67118CAA9<br>LEI: 254900L7QTAO1E3CDI14 | Long             | ABS-MBS          | CORP              | US        |    959505 | PA      | $963865.71    | 0.06%             | 2063-09-25      | Variable      | 7.05%                 | No            |                  2 | On Loan: No      |
| OBX TRUST OBX_23-NQM8                                | OBX TRUST OBX_23-NQM8                                                            | CUSIP: 67118CAB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    790190 | PA      | $793522.64    | 0.05%             | 2063-09-25      | Floating      | 7.25%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                             | OBX 2025-NQM13 Trust                                                             | CUSIP: 67121UAA4<br>LEI: 254900FPAGVH6E25VL74 | Long             | ABS-MBS          | CORP              | US        |   2141662 | PA      | $2146774.83   | 0.13%             | 2065-05-25      | Variable      | 5.44%                 | No            |                  2 | On Loan: No      |
| Oak Hill Credit Partners                             | OHA Credit Funding 16-R Ltd                                                      | CUSIP: 67122KAC1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2700000 | PA      | $2697143.40   | 0.17%             | 2038-10-20      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| OAK-EAGLE ACQUIRECO INC                              | OAK-Eagle Acquireco Inc                                                          | CUSIP: 67124CAA1<br>LEI: 6488ICS9P20290MA1H31 | Long             | DBT              | CORP              | US        |     35000 | PA      | $36248.37     | 0.00%             | 2033-07-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| OAK-EAGLE ACQUIRECO INC                              | OAK-Eagle Acquireco Inc                                                          | CUSIP: 67124CAB9<br>LEI: 6488ICS9P20290MA1H31 | Long             | DBT              | CORP              | US        |     35000 | PA      | $36601.81     | 0.00%             | 2034-07-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                             | Occidental Petroleum Corp                                                        | CUSIP: 674599EM3<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    820000 | PA      | $796525.69    | 0.05%             | 2054-10-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Oceanview Mortgage Trust                             | Oceanview Mortgage Loan Trust 2020-1                                             | CUSIP: 676477AA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    123687 | PA      | $117290.14    | 0.01%             | 2050-05-28      | Variable      | 1.73%                 | No            |                  2 | On Loan: No      |
| OAKC_21-8A                                           | OAKC_21-8A                                                                       | CUSIP: 67707GAQ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |    650000 | PA      | $650243.10    | 0.04%             | 2038-01-20      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| OHIO EDISON CO                                       | Ohio Edison Co                                                                   | CUSIP: 677347CH7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1182956.73   | 0.07%             | 2033-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Okta Inc                                             | Okta Inc                                                                         | CUSIP: 679295105<br>LEI: 549300N8J06I8MRHU620 | Long             | EC               | CORP              | US        |     47794 | NS      | $3761865.74   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| OLYMPUS WTR US HLDG CORP                             | Olympus Water US Holding Corp                                                    | CUSIP: 681639AA8<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |     21000 | PA      | $20117.40     | 0.00%             | 2028-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| OLYMPUS WTR US HLDG CORP                             | Olympus Water US Holding Corp                                                    | CUSIP: 681639AB6<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |     53000 | PA      | $50279.32     | 0.00%             | 2029-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| OLYMPUS WTR US HLDG CORP                             | Olympus Water US Holding Corp                                                    | CUSIP: 681639AD2<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |     68000 | PA      | $66495.76     | 0.00%             | 2031-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| OLYMPUS WTR US HLDG CORP                             | Olympus Water US Holding Corp                                                    | CUSIP: 681639AE0<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95578.85     | 0.01%             | 2033-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN                             | 1011778 BC ULC / New Red Finance Inc                                             | CUSIP: 68245XAH2<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     40000 | PA      | $39147.04     | 0.00%             | 2028-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN                             | 1011778 BC ULC / New Red Finance Inc                                             | CUSIP: 68245XAM1<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     55000 | PA      | $51671.96     | 0.00%             | 2030-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN                             | 1011778 BC ULC / New Red Finance Inc                                             | CUSIP: 68245XAT6<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     31000 | PA      | $31169.72     | 0.00%             | 2029-09-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| One New York Plaza Trust 2020-1NYP                   | One New York Plaza Trust 2020-1NYP                                               | CUSIP: 68249DAG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1100000 | PA      | $1056892.32   | 0.07%             | 2036-01-15      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| One New York Plaza Trust 2020-1NYP                   | One New York Plaza Trust 2020-1NYP                                               | CUSIP: 68249DAJ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    425000 | PA      | $404176.23    | 0.03%             | 2036-01-15      | Floating      | 6.54%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                 | OneMain Finance Corp                                                             | CUSIP: 682691AE0<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     31000 | PA      | $31987.89     | 0.00%             | 2030-03-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                 | OneMain Finance Corp                                                             | CUSIP: 682691AF7<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     52000 | PA      | $52523.50     | 0.00%             | 2031-05-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                 | OneMain Finance Corp                                                             | CUSIP: 682691AH3<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    123000 | PA      | $123574.26    | 0.01%             | 2029-05-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                 | OneMain Finance Corp                                                             | CUSIP: 682691AJ9<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     47000 | PA      | $45648.90     | 0.00%             | 2032-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                 | OneMain Finance Corp                                                             | CUSIP: 682691AM2<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     92000 | PA      | $88029.11     | 0.01%             | 2033-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                 | OneMain Finance Corp                                                             | CUSIP: 682691AN0<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     43000 | PA      | $41319.13     | 0.00%             | 2033-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| OneMain Financial Issuance Trust                     | OneMain Financial Issuance Trust 2023-2                                          | CUSIP: 68269HAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3625000 | PA      | $3680972.18   | 0.23%             | 2036-09-15      | Fixed         | 5.84%                 | No            |                  2 | On Loan: No      |
| 1261229 BC LTD                                       | 1261229 BC Ltd                                                                   | CUSIP: 68288AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    149000 | PA      | $151656.48    | 0.01%             | 2032-04-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| OPAL BIDCO                                           | OPAL BIDCO                                                                       | CUSIP: 68348BAA1<br>LEI: 969500R96XT7XY2UJ564 | Long             | DBT              | CORP              | FR        |     38000 | PA      | $38025.56     | 0.00%             | 2032-03-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FIBERCOP SPA                                         | Fibercop SpA                                                                     | CUSIP: 683879AF7<br>LEI: 8156007022402E114A31 | Long             | DBT              | CORP              | IT        |     11000 | PA      | $10954.79     | 0.00%             | 2036-07-18      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| FIBERCOP SPA                                         | Fibercop SpA                                                                     | CUSIP: 683879AH3<br>LEI: 8156007022402E114A31 | Long             | DBT              | CORP              | IT        |      9000 | PA      | $9009.19      | 0.00%             | 2038-06-04      | Fixed         | 7.72%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                          | Oracle Corp                                                                      | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |     57608 | NS      | $8474712.88   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| ORACLE CORP                                          | Oracle Corp                                                                      | CUSIP: 68389XDT9<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   2031000 | PA      | $1683408.87   | 0.11%             | 2065-09-26      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| ORGANON & CO/ORGANON FOR                             | Organon & Co / Organon Foreign Debt Co-Issuer BV                                 | CUSIP: 68622TAA9<br>LEI: 549300SH15FO4Y2G3V63 | Long             | DBT              | CORP              | US        |     18000 | PA      | $17451.48     | 0.00%             | 2028-04-30      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| ORGANON & CO/ORGANON FOR                             | Organon & Co / Organon Foreign Debt Co-Issuer BV                                 | CUSIP: 68622TAB7<br>LEI: 549300SH15FO4Y2G3V63 | Long             | DBT              | CORP              | US        |     11000 | PA      | $8978.75      | 0.00%             | 2031-04-30      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAP LLC/C                             | Outfront Media Capital LLC / Outfront Media Capital Corp                         | CUSIP: 69007TAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     31000 | PA      | $30951.18     | 0.00%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAP LLC/C                             | Outfront Media Capital LLC / Outfront Media Capital Corp                         | CUSIP: 69007TAC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     24000 | PA      | $23160.96     | 0.00%             | 2030-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAP LLC/C                             | Outfront Media Capital LLC / Outfront Media Capital Corp                         | CUSIP: 69007TAG9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     29000 | PA      | $30256.72     | 0.00%             | 2031-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| PG&E CORP                                            | PG&E Corp                                                                        | CUSIP: 69331CAM0<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25140.66     | 0.00%             | 2055-03-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| PG&E CORP                                            | PG&E Corp                                                                        | CUSIP: 69331CAN8<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |      9000 | PA      | $8864.08      | 0.00%             | 2056-09-15      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                               | PNC Financial Services Group Inc/The                                             | CUSIP: 693475BW4<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    500000 | PA      | $514677.95    | 0.03%             | 2035-01-22      | Fixed         | 5.68%                 | No            |                  2 | On Loan: No      |
| PRKCM_21-AFC2 TRUST                                  | PRKCM_21-AFC2 TRUST                                                              | CUSIP: 69361JAC0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2000000 | PA      | $1434554.60   | 0.09%             | 2056-11-25      | Floating      | 2.89%                 | No            |                  2 | On Loan: No      |
| PRKCM Trust                                          | PRKCM 2021-AFC2 Trust                                                            | CUSIP: 69361JAD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1475000 | PA      | $1084066.59   | 0.07%             | 2056-11-25      | Variable      | 3.44%                 | No            |                  2 | On Loan: No      |
| PRKCM_21-AFC2 TRUST                                  | PRKCM_21-AFC2 TRUST                                                              | CUSIP: 69361JAE6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1300000 | PA      | $909852.32    | 0.06%             | 2056-11-25      | Floating      | 3.70%                 | No            |                  2 | On Loan: No      |
| PACCAR Inc                                           | PACCAR Inc                                                                       | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               | CORP              | US        |     41824 | NS      | $4830672.00   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Preston Ridge Partners Mortgage Trust                | PRPM 2023-NQM3 Trust                                                             | CUSIP: 69380TAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    116701 | PA      | $117189.36    | 0.01%             | 2068-11-25      | Variable      | 6.22%                 | No            |                  2 | On Loan: No      |
| Preston Ridge Partners Mortgage Trust                | PRPM 2025-NQM3 Trust                                                             | CUSIP: 69382NAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2450599 | PA      | $2462184.33   | 0.15%             | 2070-05-25      | Variable      | 5.61%                 | No            |                  2 | On Loan: No      |
| PRESTON RIDGE PARTNERS MORTGAGE TRUST PRPM_25-RCF4   | PRESTON RIDGE PARTNERS MORTGAGE TRUST PRPM_25-RCF4                               | CUSIP: 69382WAB8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    685000 | PA      | $668224.01    | 0.04%             | 2055-08-25      | Floating      | 4.50%                 | No            |                  2 | On Loan: No      |
| Preston Ridge Partners Mortgage Trust                | PRPM 2025-NQM6 Trust                                                             | CUSIP: 69383RAF9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2913960 | PA      | $2897501.09   | 0.18%             | 2070-12-25      | Variable      | 4.99%                 | No            |                  2 | On Loan: No      |
| Preston Ridge Partners Mortgage Trust                | PRPM 2024-NQM1 Trust                                                             | CUSIP: 693977AA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    385217 | PA      | $387690.65    | 0.02%             | 2068-12-25      | Variable      | 6.27%                 | No            |                  2 | On Loan: No      |
| Preston Ridge Partners Mortgage Trust                | PRPM 2024-RCF2 LLC                                                               | CUSIP: 693987AA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    643068 | PA      | $631326.25    | 0.04%             | 2054-03-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                               | Pacific Gas and Electric Co                                                      | CUSIP: 694308KH9<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   1650000 | PA      | $1717391.45   | 0.11%             | 2053-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                       | Pagaya AI Debt Trust 2024-2                                                      | CUSIP: 694961AA1<br>LEI: 254900ULYEY0HX0PKA54 | Long             | ABS-O            | CORP              | US        |    119256 | PA      | $119632.27    | 0.01%             | 2031-08-15      | Fixed         | 6.32%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                       | Pagaya AI Debt Trust 2026-R1                                                     | CUSIP: 694971AA0<br>LEI: 254900ULYEY0HX0PKA54 | Long             | ABS-O            | CORP              | US        |   1777736 | PA      | $1774326.63   | 0.11%             | 2033-12-15      | Fixed         | 4.71%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                       | Pagaya AI Debt Grantor Trust 2024-5                                              | CUSIP: 69544LAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    212817 | PA      | $213502.42    | 0.01%             | 2031-10-15      | Fixed         | 6.28%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                       | Pagaya AI Debt Grantor Trust 2025-R2                                             | CUSIP: 69544VAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1415287 | PA      | $1416893.89   | 0.09%             | 2032-10-15      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                       | Pagaya AI Debt Selection Trust                                                   | CUSIP: 69545AAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    963374 | PA      | $967398.27    | 0.06%             | 2031-12-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                       | Pagaya AI Debt Selection Trust                                                   | CUSIP: 69545AAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1182358 | PA      | $1188251.94   | 0.07%             | 2031-12-15      | Fixed         | 6.57%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                       | Pagaya AI Debt Trust 2024-3                                                      | CUSIP: 69547XAA0<br>LEI: 254900ULYEY0HX0PKA54 | Long             | ABS-O            | CORP              | US        |    722324 | PA      | $725512.02    | 0.05%             | 2031-10-15      | Fixed         | 6.26%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                       | Pagaya AI Debt Grantor Trust 2024-6 And Pagaya AI Debt Trust 2024-6              | CUSIP: 69548KAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    213301 | PA      | $213955.28    | 0.01%             | 2031-11-15      | Fixed         | 6.09%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                       | Pagaya AI Debt Grantor Trust 2025-5                                              | CUSIP: 69548WAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1999923 | PA      | $2010757.30   | 0.13%             | 2033-03-15      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                       | Pagaya Ai Debt Grantor Trust 2025-6                                              | CUSIP: 69549BAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1649848 | PA      | $1640484.72   | 0.10%             | 2033-04-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                       | Pagaya AI Debt Grantor Trust 2025-R3                                             | CUSIP: 69549EAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    785748 | PA      | $785273.69    | 0.05%             | 2033-01-18      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| Pagaya Point of Sale Holdings Grantor Trust          | Pagaya Point Of Sale Holdings Grantor Trust 2025-2                               | CUSIP: 69549JAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1300000 | PA      | $1301682.46   | 0.08%             | 2033-07-20      | Fixed         | 5.07%                 | No            |                  2 | On Loan: No      |
| Palo Alto Networks Inc                               | Palo Alto Networks Inc                                                           | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |     28735 | NS      | $4606795.20   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| PANTHER ESCROW ISSUER                                | Panther Escrow Issuer LLC                                                        | CUSIP: 69867RAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    106000 | PA      | $106168.92    | 0.01%             | 2031-06-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| PARK INTERMED HOLDINGS                               | Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer | CUSIP: 70052LAB9<br>LEI: N/A                  | Long             | DBT              |  | US        |     42000 | PA      | $41764.43     | 0.00%             | 2028-10-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PARK INTERMED HOLDINGS                               | Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer | CUSIP: 70052LAC7<br>LEI: N/A                  | Long             | DBT              |  | US        |     21000 | PA      | $20206.36     | 0.00%             | 2029-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Parker-Hannifin Corp                                 | Parker-Hannifin Corp                                                             | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |      2192 | NS      | $1962366.08   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| PATTERN ENERGY OP LP/PAT                             | Pattern Energy Operations LP / Pattern Energy Operations Inc                     | CUSIP: 70339PAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     68000 | PA      | $66548.91     | 0.00%             | 2028-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PENN ENTERTAINMENT INC                               | Penn Entertainment Inc                                                           | CUSIP: 707569AV1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $93563.57     | 0.01%             | 2029-07-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| PENN ENTERTAINMENT INC                               | Penn Entertainment Inc                                                           | CUSIP: 707569AY5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     33000 | PA      | $32061.18     | 0.00%             | 2031-04-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| PepsiCo Inc                                          | PepsiCo Inc                                                                      | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |     76847 | NS      | $11933570.63  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| PEPSICO SINGAPORE FIN                                | Pepsico Singapore Financing I Pte Ltd                                            | CUSIP: 713466AA8<br>LEI: 254900DOMTCMUFROFJ76 | Long             | DBT              | CORP              | SG        |    868000 | PA      | $872347.94    | 0.05%             | 2027-02-16      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| PERMIAN RESOURC OPTG LLC                             | Permian Resources Operating LLC                                                  | CUSIP: 71424VAA8<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |     76000 | PA      | $78863.94     | 0.00%             | 2032-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| PERMIAN RESOURC OPTG LLC                             | Permian Resources Operating LLC                                                  | CUSIP: 71424VAB6<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |     24000 | PA      | $24439.41     | 0.00%             | 2033-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                                    | Post Holdings Inc                                                                | CUSIP: 737446AQ7<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |     74000 | PA      | $71118.75     | 0.00%             | 2030-04-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                                    | Post Holdings Inc                                                                | CUSIP: 737446AR5<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |     91000 | PA      | $84705.48     | 0.01%             | 2031-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                                    | Post Holdings Inc                                                                | CUSIP: 737446AU8<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |     11000 | PA      | $11133.21     | 0.00%             | 2032-02-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                                    | Post Holdings Inc                                                                | CUSIP: 737446AX2<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |     26000 | PA      | $25456.60     | 0.00%             | 2034-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                                    | Post Holdings Inc                                                                | CUSIP: 737446AY0<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |     91000 | PA      | $89243.47     | 0.01%             | 2036-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Prestige Auto Receivables Trust                      | Prestige Auto Receivables Trust 2024-1                                           | CUSIP: 74113QAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     72796 | PA      | $72839.60     | 0.00%             | 2028-05-15      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| PRESTIGE AUTO RECEIVABLES TRUST PART_24-1            | PRESTIGE AUTO RECEIVABLES TRUST PART_24-1                                        | CUSIP: 74113QAG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1125000 | PA      | $1129249.58   | 0.07%             | 2029-03-15      | Fixed         | 5.73%                 | No            |                  2 | On Loan: No      |
| PRIMO / TRITON WATER HLD                             | Primo Water Holdings Inc / Triton Water Holdings Inc                             | CUSIP: 74168RAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     38000 | PA      | $36928.65     | 0.00%             | 2029-04-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| PRIMO / TRITON WATER HLD                             | Primo Water Holdings Inc / Triton Water Holdings Inc                             | CUSIP: 74168RAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    107000 | PA      | $107192.09    | 0.01%             | 2029-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL LFE GLB FND II                             | Principal Life Global Funding II                                                 | CUSIP: 74256LFB0<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |    297000 | PA      | $299953.52    | 0.02%             | 2029-11-27      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                           | Progress Residential 2024-SFR1 Trust                                             | CUSIP: 74331QAA5<br>LEI: 5493002EEQ4GX2578787 | Long             | ABS-O            | CORP              | US        |   1531936 | PA      | $1474790.01   | 0.09%             | 2041-02-17      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust                           | PROGRESS RESIDENTIAL MASTER TRUST PROG_21-SFR8                                   | CUSIP: 74333TAG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1830000 | PA      | $1802293.43   | 0.11%             | 2038-10-17      | Fixed         | 2.08%                 | No            |                  2 | On Loan: No      |
| PROVIDENT FDG/PFG FIN                                | Provident Funding Associates LP / PFG Finance Corp                               | CUSIP: 74387UAK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    111000 | PA      | $113969.44    | 0.01%             | 2029-09-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| Public Service Enterprise Group Inc                  | Public Service Enterprise Group Inc                                              | CUSIP: 744573106<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | EC               | CORP              | US        |    125030 | NS      | $10121178.50  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| PulteGroup Inc                                       | PulteGroup Inc                                                                   | CUSIP: 745867101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     40989 | NS      | $4820716.29   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| QNITY ELECTRONICS INC                                | Qnity Electronics Inc                                                            | CUSIP: 74743LAA8<br>LEI: 254900RSUG4J9TFFZX53 | Long             | DBT              | CORP              | US        |     24000 | PA      | $24029.92     | 0.00%             | 2032-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| QNITY ELECTRONICS INC                                | Qnity Electronics Inc                                                            | CUSIP: 74743LAB6<br>LEI: 254900RSUG4J9TFFZX53 | Long             | DBT              | CORP              | US        |     19000 | PA      | $19276.41     | 0.00%             | 2033-08-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| QXO BUILDING PRODUCTS                                | QXO Building Products Inc                                                        | CUSIP: 74825NAA5<br>LEI: 549300HDXQWWCBOYXP31 | Long             | DBT              | CORP              | US        |     63000 | PA      | $64269.34     | 0.00%             | 2032-04-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC                             | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                              | CUSIP: 74841CAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     13000 | PA      | $12317.94     | 0.00%             | 2029-03-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC                                | Quikrete Holdings Inc                                                            | CUSIP: 74843PAA8<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |     74000 | PA      | $75215.07     | 0.00%             | 2032-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC                                | Quikrete Holdings Inc                                                            | CUSIP: 74843PAB6<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |     67000 | PA      | $68055.57     | 0.00%             | 2033-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| RHP HOTEL PPTY/RHP FINAN                             | RHP Hotel Properties LP / RHP Finance Corp                                       | CUSIP: 749571AJ4<br>LEI: N/A                  | Long             | DBT              |  | US        |     20000 | PA      | $20414.66     | 0.00%             | 2028-07-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| RHP HOTEL PPTY/RHP FINAN                             | RHP Hotel Properties LP / RHP Finance Corp                                       | CUSIP: 749571AL9<br>LEI: N/A                  | Long             | DBT              |  | US        |     48000 | PA      | $48841.35     | 0.00%             | 2033-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| RHP HOTEL PPTY/RHP FINAN                             | RHP Hotel Properties LP / RHP Finance Corp                                       | CUSIP: 74984CAA6<br>LEI: N/A                  | Long             | DBT              |  | US        |      9000 | PA      | $8882.51      | 0.00%             | 2034-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Radnor Re LTD                                        | Radnor RE 2021-2 Ltd                                                             | CUSIP: 75049GAB5<br>LEI: 254900JO0CMUL2VM8206 | Long             | ABS-MBS          | CORP              | BM        |    107893 | PA      | $108405.77    | 0.01%             | 2031-11-25      | Floating      | 7.36%                 | No            |                  2 | On Loan: No      |
| RTX Corp                                             | RTX Corp                                                                         | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |     27605 | NS      | $5325004.50   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX CORP                                             | RTX Corp                                                                         | CUSIP: 75513ECH2<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |   3235000 | PA      | $3211662.01   | 0.20%             | 2027-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                             | RTX Corp                                                                         | CUSIP: 75513ECN9<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |   1525000 | PA      | $1343512.64   | 0.08%             | 2032-03-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Reach Financial LLC                                  | Reach ABS Trust 2025-1                                                           | CUSIP: 75525PAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    317767 | PA      | $318276.69    | 0.02%             | 2032-08-16      | Fixed         | 4.96%                 | No            |                  2 | On Loan: No      |
| Reach Financial LLC                                  | Reach Abs Trust 2026-1                                                           | CUSIP: 75526XAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1366178 | PA      | $1366681.04   | 0.09%             | 2033-02-15      | Fixed         | 4.32%                 | No            |                  2 | On Loan: No      |
| Research-Driven Pagaya Motor Asset Trust I           | Research-Driven Pagaya Motor Asset Trust IV                                      | CUSIP: 76088LAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    143919 | PA      | $142759.82    | 0.01%             | 2030-03-25      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Research-Driven Pagaya Motor Asset Trust I           | Research-Driven Pagaya Motor Asset Trust 2026-R1                                 | CUSIP: 76089TAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1310000 | PA      | $1311319.30   | 0.08%             | 2034-07-25      | Fixed         | 5.66%                 | No            |                  2 | On Loan: No      |
| RESIDENTIAL MORTGAGE TRUST RMLT_20-1                 | RESIDENTIAL MORTGAGE TRUST RMLT_20-1                                             | CUSIP: 76119CAC5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      3778 | PA      | $3764.34      | 0.00%             | 2060-01-26      | Floating      | 2.68%                 | No            |                  2 | On Loan: No      |
| RESIDEO FUNDING INC                                  | Resideo Funding Inc                                                              | CUSIP: 76119LAB7<br>LEI: 5493000IFJ6XJKH66598 | Long             | DBT              | CORP              | US        |     21000 | PA      | $19847.93     | 0.00%             | 2029-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RB GLOBAL HOLDINGS INC                               | Ritchie Bros Holdings Inc                                                        | CUSIP: 76774LAC1<br>LEI: 254900LH3N0EGB1LQ203 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25984.05     | 0.00%             | 2031-03-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| RIVERS ENTERPRISE                                    | Rivers Enterprise Borrower LLC / Rivers Enterprise Finance Corp                  | CUSIP: 76883NAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     51000 | PA      | $50781.01     | 0.00%             | 2033-02-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| RIVERS ENT BORROWER LLC                              | Rivers Enterprise Borrower LLC                                                   | CUSIP: 76884GAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     56000 | PA      | $55919.13     | 0.00%             | 2030-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ROBLOX CORP                                          | ROBLOX Corp                                                                      | CUSIP: 771049AA1<br>LEI: 529900ANZDBDFU91SO19 | Long             | DBT              | CORP              | US        |     46000 | PA      | $43189.53     | 0.00%             | 2030-05-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ROCKET COS INC                                       | Rocket Cos Inc                                                                   | CUSIP: 77311WAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     65000 | PA      | $65637.84     | 0.00%             | 2030-08-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC                             | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                              | CUSIP: 77313LAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    134000 | PA      | $120200.69    | 0.01%             | 2033-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ROCKIES EXPRESS PIPELINE                             | ROCKIES EXPRESS PIPELINE                                                         | CUSIP: 77340RAU1<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20576.40     | 0.00%             | 2033-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                 | Royal Bank of Canada                                                             | CUSIP: 78017DAC2<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    262000 | PA      | $266154.82    | 0.02%             | 2031-02-04      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                 | Royal Bank of Canada                                                             | CUSIP: 78017DAK4<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |   1440000 | PA      | $1440838.02   | 0.09%             | 2029-08-06      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                 | Royal Bank of Canada                                                             | CUSIP: 78017DAM0<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    232000 | PA      | $231645.75    | 0.01%             | 2031-08-06      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| RYAN SPECIALTY                                       | Ryan Specialty LLC                                                               | CUSIP: 78351GAA3<br>LEI: 549300K52N7QBO3PYY45 | Long             | DBT              | CORP              | US        |     24000 | PA      | $23750.23     | 0.00%             | 2032-08-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| S&P Global Inc                                       | S&P Global Inc                                                                   | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |     10319 | NS      | $4389083.46   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| SM ENERGY CO                                         | SM Energy Co                                                                     | CUSIP: 78454LAN0<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |     41000 | PA      | $41011.20     | 0.00%             | 2026-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SM ENERGY CO                                         | SM Energy Co                                                                     | CUSIP: 78454LAX8<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |     35000 | PA      | $35552.12     | 0.00%             | 2029-08-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SM ENERGY CO                                         | SM Energy Co                                                                     | CUSIP: 78454LAY6<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |      7000 | PA      | $7146.64      | 0.00%             | 2032-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| SM ENERGY CO                                         | SM Energy Co                                                                     | CUSIP: 78454LAZ3<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |     56000 | PA      | $55969.75     | 0.00%             | 2034-04-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| STAR_22-SFR3                                         | STAR_22-SFR3                                                                     | CUSIP: 78474PAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1900000 | PA      | $1901387.19   | 0.12%             | 2039-05-17      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| SV RNO PROPERTY OWNER 1                              | SV RNO Property Owner 1 LLC                                                      | CUSIP: 78488XAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    146000 | PA      | $144681.64    | 0.01%             | 2031-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                                       | Sabre GLBL Inc                                                                   | CUSIP: 78573NAL6<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1710.74      | 0.00%             | 2029-11-15      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                                       | Sabre GLBL Inc                                                                   | CUSIP: 78573NAM4<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |     14000 | PA      | $11864.67     | 0.00%             | 2030-07-15      | Fixed         | 11.13%                | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                                       | Sabre GLBL Inc                                                                   | CUSIP: 78573NAN2<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8304.90      | 0.00%             | 2030-03-15      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| Salesforce Inc                                       | Salesforce Inc                                                                   | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     17136 | NS      | $3198777.12   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Henry Schein Inc                                     | Henry Schein Inc                                                                 | CUSIP: 806407102<br>LEI: VGO3WGL8H45T73F4RR92 | Long             | EC               | CORP              | US        |     57588 | NS      | $4244235.60   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/The                              | Charles Schwab Corp/The                                                          | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |     43097 | NS      | $4050256.06   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| SCIENCE APPLICATIONS INT                             | Science Applications International Corp                                          | CUSIP: 808625AB3<br>LEI: 549300LZPNZIXQGZPZ48 | Long             | DBT              | CORP              | US        |     81000 | PA      | $79225.47     | 0.00%             | 2033-11-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| SC GAMES HOLDIN/US FINCO                             | Scientific Games Holdings LP/Scientific Games US FinCo Inc                       | CUSIP: 80874DAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    118000 | PA      | $102001.23    | 0.01%             | 2030-03-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| SCOTTS MIRACLE-GRO CO                                | Scotts Miracle-Gro Co/The                                                        | CUSIP: 810186AW6<br>LEI: 2TH9E0JTOUXOEGI2R879 | Long             | DBT              | CORP              | US        |     32000 | PA      | $29767.32     | 0.00%             | 2032-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Seagate Data Storage Technology Pte Ltd              | SEAGATE DATA STOR                                                                | CUSIP: 81180LAM7<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |     19000 | PA      | $19965.16     | 0.00%             | 2029-12-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Seagate Data Storage Technology Pte Ltd              | SEAGATE DATA STOR                                                                | CUSIP: 81180LAQ8<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |     12000 | PA      | $12581.15     | 0.00%             | 2031-07-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| SELECT MEDICAL CORP                                  | Select Medical Corp                                                              | CUSIP: 816196AV1<br>LEI: 549300X05KS0JKR8CB50 | Long             | DBT              | CORP              | US        |     31000 | PA      | $29465.49     | 0.00%             | 2032-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SENSATA TECHNOLOGIES BV                              | Sensata Technologies BV                                                          | CUSIP: 81725WAL7<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | NL        |     43000 | PA      | $43037.00     | 0.00%             | 2030-09-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                             | Service Properties Trust                                                         | CUSIP: 81761LAC6<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |     26000 | PA      | $27178.79     | 0.00%             | 2031-11-15      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| SHIFT4 PAYMENTS LLC/FIN                              | Shift4 Payments LLC / Shift4 Payments Finance Sub Inc                            | CUSIP: 82453AAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     85000 | PA      | $83649.24     | 0.01%             | 2032-08-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SIMMONS FOOD INC/SIMMONS                             | Simmons Foods Inc/Simmons Prepared Foods Inc/Simmons Pet Food Inc/Simmons Feed   | CUSIP: 82873MAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    126000 | PA      | $121252.29    | 0.01%             | 2029-03-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC                                  | Sirius XM Radio LLC                                                              | CUSIP: 82967NBA5<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |     19000 | PA      | $18969.70     | 0.00%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC                                  | Sirius XM Radio LLC                                                              | CUSIP: 82967NBC1<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |     18000 | PA      | $17917.61     | 0.00%             | 2029-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS ENTERTAINME                                | Six Flags Entertainment Corp                                                     | CUSIP: 83001AAD4<br>LEI: 529900AS2CYWYFHRS781 | Long             | DBT              | CORP              | US        |    147000 | PA      | $141902.56    | 0.01%             | 2031-05-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS ENT/SIX FLAG                               | Six Flags Entertainment Corp /Six Flags Theme Parks Inc/ Canada's Wonderland Co  | CUSIP: 83002YAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     44000 | PA      | $44003.40     | 0.00%             | 2032-05-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS/CAN WON/MILLEN                             | Six Flags Entertainment Corp/Canada's Wonderland Co/Millennium Operations LLC    | CUSIP: 83003AAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     78000 | PA      | $78128.36     | 0.00%             | 2032-01-15      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| SNAP INC                                             | Snap Inc                                                                         | CUSIP: 83304AAL0<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | DBT              | CORP              | US        |    102000 | PA      | $96546.61     | 0.01%             | 2033-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| SNAP INC                                             | Snap Inc                                                                         | CUSIP: 83304AAM8<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | DBT              | CORP              | US        |     56000 | PA      | $52650.68     | 0.00%             | 2034-03-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO GAS CAPITAL                              | Southern Co Gas Capital Corp                                                     | CUSIP: 8426EPAJ7<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |    520000 | PA      | $516005.33    | 0.03%             | 2028-09-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Spruce Hill Mortgage Loan Trust                      | Spruce Hill Mortgage Loan Trust 2022-SH1                                         | CUSIP: 85213XAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1990766 | PA      | $1981226.89   | 0.12%             | 2057-07-25      | Variable      | 4.10%                 | No            |                  2 | On Loan: No      |
| Block Inc                                            | Block Inc                                                                        | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Long             | EC               | CORP              | US        |     83767 | NS      | $5041098.06   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| BLOCK INC                                            | Block Inc                                                                        | CUSIP: 852234AS2<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |     69000 | PA      | $69387.14     | 0.00%             | 2032-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                                            | Block Inc                                                                        | CUSIP: 852234AT0<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |     32000 | PA      | $31827.29     | 0.00%             | 2030-08-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                                            | Block Inc                                                                        | CUSIP: 852234AU7<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24591.31     | 0.00%             | 2033-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| STANDARD BUILDING SOLUTI                             | Standard Building Solutions Inc                                                  | CUSIP: 853191AA2<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |     78000 | PA      | $78387.81     | 0.00%             | 2032-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| STANDARD BUILDING SOLUTI                             | Standard Building Solutions Inc                                                  | CUSIP: 853191AC8<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |     19000 | PA      | $18808.17     | 0.00%             | 2033-08-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| STANDARD INDUSTRI INC/NY                             | Standard Industries Inc/NY                                                       | CUSIP: 853496AD9<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |     46000 | PA      | $45531.70     | 0.00%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Stanley Black & Decker Inc                           | Stanley Black & Decker Inc                                                       | CUSIP: 854502101<br>LEI: 549300DJ09SMTO561131 | Long             | EC               | CORP              | US        |     74288 | NS      | $5278905.28   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| STAR PARENT INC                                      | Star Parent Inc                                                                  | CUSIP: 855170AA4<br>LEI: 254900GRGCJYRMDRWT73 | Long             | DBT              | CORP              | US        |    125000 | PA      | $129852.89    | 0.01%             | 2030-10-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Starbucks Corp                                       | Starbucks Corp                                                                   | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |     91583 | NS      | $8204920.97   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Starwood Mortgage Residential Trust                  | Starwood Mortgage Residential Trust 2019-INV1                                    | CUSIP: 85572JAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     46578 | PA      | $46298.08     | 0.00%             | 2049-09-27      | Variable      | 2.92%                 | No            |                  2 | On Loan: No      |
| Starwood Mortgage Residential Trust 2020-INV1        | Starwood Mortgage Residential Trust 2020-INV                                     | CUSIP: 85573EAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     41461 | PA      | $40384.85     | 0.00%             | 2055-11-25      | Variable      | 1.59%                 | No            |                  2 | On Loan: No      |
| STARWOOD MORTGAGE RESIDENTIAL TRUST STAR_21-4        | STARWOOD MORTGAGE RESIDENTIAL TRUST STAR_21-4                                    | CUSIP: 85573PAD4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    525000 | PA      | $399961.01    | 0.03%             | 2056-08-25      | Floating      | 2.40%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                                            | Sunoco LP                                                                        | CUSIP: 86765KAC3<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |     23000 | PA      | $23817.86     | 0.00%             | 2032-05-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                                            | Sunoco LP                                                                        | CUSIP: 86765KAD1<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |     90000 | PA      | $90538.51     | 0.01%             | 2033-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                                            | Sunoco LP                                                                        | CUSIP: 86765KAE9<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50953.67     | 0.00%             | 2030-09-18      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                                            | Sunoco LP                                                                        | CUSIP: 86765KAM1<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |     29000 | PA      | $28765.54     | 0.00%             | 2031-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP/FINANCE CORP                               | Sunoco LP / Sunoco Finance Corp                                                  | CUSIP: 86765LAZ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     81000 | PA      | $78334.20     | 0.00%             | 2030-04-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SURGERY CENTER HOLDINGS                              | Surgery Center Holdings Inc                                                      | CUSIP: 86881WAF9<br>LEI: 54930054EVI5HWPPW113 | Long             | DBT              | CORP              | US        |    105000 | PA      | $102974.48    | 0.01%             | 2032-04-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| SYNAPTICS INC                                        | Synaptics Inc                                                                    | CUSIP: 87157DAG4<br>LEI: 549300AJ3LI4FWNRQX29 | Long             | DBT              | CORP              | US        |     16000 | PA      | $15157.10     | 0.00%             | 2029-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Synopsys Inc                                         | Synopsys Inc                                                                     | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |     11868 | NS      | $4705424.64   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNERGY INFRASTRUCTURE H                             | Synergy Infrastructure Holdings LLC                                              | CUSIP: 87191JAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     76000 | PA      | $77507.10     | 0.00%             | 2030-12-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Take-Two Interactive Software Inc                    | Take-Two Interactive Software Inc                                                | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Long             | EC               | CORP              | US        |     16331 | NS      | $3225372.50   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| TALEN ENERGY SUPPLY LLC                              | Talen Energy Supply LLC                                                          | CUSIP: 87422VAM0<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |     42000 | PA      | $41714.43     | 0.00%             | 2034-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TALEN ENERGY SUPPLY LLC                              | Talen Energy Supply LLC                                                          | CUSIP: 87422VAN8<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |     42000 | PA      | $42329.59     | 0.00%             | 2036-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Tapestry Inc                                         | Tapestry Inc                                                                     | CUSIP: 876030107<br>LEI: 549300LJNVY5SW3VTN33 | Long             | EC               | CORP              | US        |     26653 | NS      | $3761004.83   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| TENET HEALTHCARE CORP                                | Tenet Healthcare Corp                                                            | CUSIP: 88033GDB3<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |     37000 | PA      | $36967.16     | 0.00%             | 2027-11-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                | Tenet Healthcare Corp                                                            | CUSIP: 88033GDK3<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |     65000 | PA      | $65157.49     | 0.00%             | 2028-10-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                | Tenet Healthcare Corp                                                            | CUSIP: 88033GDU1<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |     47000 | PA      | $48105.16     | 0.00%             | 2031-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                | Tenet Healthcare Corp                                                            | CUSIP: 88033GDV9<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |     35000 | PA      | $35455.78     | 0.00%             | 2033-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                | Tenet Healthcare Corp                                                            | CUSIP: 88033GDW7<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    109000 | PA      | $108008.72    | 0.01%             | 2032-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TERRAFORM POWER OPERATIN                             | TerraForm Power Operating LLC                                                    | CUSIP: 88104LAE3<br>LEI: 5493000S2OLR3UT5BE13 | Long             | DBT              | CORP              | US        |     42000 | PA      | $41550.10     | 0.00%             | 2028-01-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TERRAFORM POWER OPERATIN                             | TerraForm Power Operating LLC                                                    | CUSIP: 88104LAG8<br>LEI: 5493000S2OLR3UT5BE13 | Long             | DBT              | CORP              | US        |     76000 | PA      | $73039.78     | 0.00%             | 2030-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Tesla Inc                                            | Tesla Inc                                                                        | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |     23279 | NS      | $8653968.25   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc                                | Texas Instruments Inc                                                            | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |     74801 | NS      | $14521866.14  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc                         | Thermo Fisher Scientific Inc                                                     | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |     21877 | NS      | $10753201.81  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| CLOUD SOFTWARE GRP INC                               | Cloud Software Group Inc                                                         | CUSIP: 88632QAE3<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |     84000 | PA      | $81738.60     | 0.01%             | 2029-03-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TIME WARNER CABLE LLC                                | Time Warner Cable LLC                                                            | CUSIP: 88732JAJ7<br>LEI: 549300U5NFR7S6E3GM41 | Long             | DBT              | CORP              | US        |   1975000 | PA      | $1990994.32   | 0.12%             | 2037-05-01      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                            | Towd Point Mortgage Trust 2018-1                                                 | CUSIP: 89176EAA8<br>LEI: 25490010CSYSAQU59J50 | Long             | ABS-MBS          | CORP              | US        |     12676 | PA      | $12614.74     | 0.00%             | 2058-01-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                            | Towd Point Mortgage Trust 2018-6                                                 | CUSIP: 89176LAA2<br>LEI: 25490010CSYSAQU59J50 | Long             | ABS-MBS          | CORP              | US        |     53372 | PA      | $53142.50     | 0.00%             | 2058-03-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                            | Towd Point Mortgage Trust 2019-HY1                                               | CUSIP: 89177EAA7<br>LEI: 25490010CSYSAQU59J50 | Long             | ABS-MBS          | CORP              | US        |    161861 | PA      | $161916.66    | 0.01%             | 2048-10-25      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                            | Towd Point Mortgage Trust 2019-HY2                                               | CUSIP: 89177HAA0<br>LEI: 25490010CSYSAQU59J50 | Long             | ABS-MBS          | CORP              | US        |    219505 | PA      | $223960.32    | 0.01%             | 2058-05-25      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                        | TransDigm Inc                                                                    | CUSIP: 893647BS5<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     81000 | PA      | $83061.39     | 0.01%             | 2030-12-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                        | TransDigm Inc                                                                    | CUSIP: 893647BU0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20406.59     | 0.00%             | 2029-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                        | TransDigm Inc                                                                    | CUSIP: 893647BV8<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102170.05    | 0.01%             | 2032-03-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                        | TransDigm Inc                                                                    | CUSIP: 893647BW6<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     94000 | PA      | $94068.41     | 0.01%             | 2033-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                        | TransDigm Inc                                                                    | CUSIP: 893647BY2<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    209000 | PA      | $208403.06    | 0.01%             | 2033-05-31      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                        | TransDigm Inc                                                                    | CUSIP: 893647BZ9<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     11000 | PA      | $11120.05     | 0.00%             | 2034-01-31      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                        | TransDigm Inc                                                                    | CUSIP: 893647CA3<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     52000 | PA      | $52696.36     | 0.00%             | 2034-01-31      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                        | TransDigm Inc                                                                    | CUSIP: 893647CB1<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     12000 | PA      | $11821.56     | 0.00%             | 2034-07-31      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| TRANSMONTAIGNE PARTNERS                              | TransMontaigne Partners LLC                                                      | CUSIP: 89377AAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $101382.42    | 0.01%             | 2030-06-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN AQUILA LTD                                | Transocean Aquila Ltd                                                            | CUSIP: 893790AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     29646 | PA      | $30318.81     | 0.00%             | 2028-09-30      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN INTERNTNL LTD                             | Transocean International Ltd                                                     | CUSIP: 893830BY4<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | BM        |     11000 | PA      | $11361.15     | 0.00%             | 2029-05-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN INTERNTNL LTD                             | Transocean International Ltd                                                     | CUSIP: 893830BZ1<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | BM        |     30000 | PA      | $31516.51     | 0.00%             | 2031-05-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Tricon American Homes                                | Tricon American Homes 2020-SFR1                                                  | CUSIP: 89613GAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    650000 | PA      | $644511.79    | 0.04%             | 2038-07-17      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Tricon American Homes                                | TRICON AMERICAN HOMES TAH_20-SFR2                                                | CUSIP: 89613JAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1075000 | PA      | $1024987.67   | 0.06%             | 2039-11-17      | Fixed         | 2.28%                 | No            |                  2 | On Loan: No      |
| TRONOX INC                                           | Tronox Inc                                                                       | CUSIP: 897051AC2<br>LEI: 549300EPZ4YXC7E5P181 | Long             | DBT              | CORP              | US        |     32000 | PA      | $25636.01     | 0.00%             | 2029-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| TRONOX INC                                           | Tronox Inc                                                                       | CUSIP: 897051AD0<br>LEI: 549300EPZ4YXC7E5P181 | Long             | DBT              | CORP              | US        |     11000 | PA      | $10983.77     | 0.00%             | 2030-09-30      | Fixed         | 9.13%                 | No            |                  2 | On Loan: No      |
| UKG INC                                              | UKG Inc                                                                          | CUSIP: 90279XAA0<br>LEI: 529900FKHWSTQ1GXK240 | Long             | DBT              | CORP              | US        |     68000 | PA      | $66663.82     | 0.00%             | 2031-02-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| US FOODS INC                                         | US Foods Inc                                                                     | CUSIP: 90290MAD3<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |     52000 | PA      | $51355.87     | 0.00%             | 2029-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| US FOODS INC                                         | US Foods Inc                                                                     | CUSIP: 90290MAE1<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |     34000 | PA      | $33119.43     | 0.00%             | 2030-06-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| US FOODS INC                                         | US Foods Inc                                                                     | CUSIP: 90290MAG6<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |     58000 | PA      | $59420.05     | 0.00%             | 2028-09-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| US FOODS INC                                         | US Foods Inc                                                                     | CUSIP: 90290MAH4<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |     53000 | PA      | $54952.65     | 0.00%             | 2032-01-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| UWM HOLDINGS LLC                                     | UWM Holdings LLC                                                                 | CUSIP: 903522AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    121000 | PA      | $114112.24    | 0.01%             | 2030-02-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| UWM HOLDINGS LLC                                     | UWM Holdings LLC                                                                 | CUSIP: 903522AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     65000 | PA      | $59197.68     | 0.00%             | 2031-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                              | United Rentals North America Inc                                                 | CUSIP: 911365BS2<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |     45000 | PA      | $43836.26     | 0.00%             | 2033-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                           | US Bancorp                                                                       | CUSIP: 91159HJN1<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    525000 | PA      | $548035.80    | 0.03%             | 2034-06-12      | Fixed         | 5.84%                 | No            |                  2 | On Loan: No      |
| United States Treasury                               | U.S. Treasury Bonds                                                              | CUSIP: 912810RX8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7550000 | PA      | $5610593.75   | 0.35%             | 2047-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UNITED WHOLESALE MTGE LL                             | United Wholesale Mortgage LLC                                                    | CUSIP: 913229AA8<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |     68000 | PA      | $63640.25     | 0.00%             | 2029-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| UNITED WHOLESALE MTGE LL                             | United Wholesale Mortgage LLC                                                    | CUSIP: 913229AC4<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |      7000 | PA      | $6892.02      | 0.00%             | 2027-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                               | UnitedHealth Group Inc                                                           | CUSIP: 91324PFB3<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |   2519000 | PA      | $2519423.09   | 0.16%             | 2034-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                               | UnitedHealth Group Inc                                                           | CUSIP: 91324PFC1<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |      7000 | PA      | $6432.49      | 0.00%             | 2054-04-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                               | UnitedHealth Group Inc                                                           | CUSIP: 91324PFP2<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    500000 | PA      | $502419.53    | 0.03%             | 2031-01-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| UNITI GRP/UNITI HLD/CSL                              | Uniti Group LP / Uniti Fiber Holdings Inc / CSL Capital LLC                      | CUSIP: 91327AAB8<br>LEI: N/A                  | Long             | DBT              |  | US        |     10000 | PA      | $9433.47      | 0.00%             | 2030-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP/CSL CAPITAL                              | Uniti Group LP / Uniti Group Finance 2019 Inc / CSL Capital LLC                  | CUSIP: 91327CAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     26000 | PA      | $26443.69     | 0.00%             | 2032-06-15      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                             | Univision Communications Inc                                                     | CUSIP: 914906AV4<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14113.84     | 0.00%             | 2029-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                             | Univision Communications Inc                                                     | CUSIP: 914906AX0<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |     19000 | PA      | $18635.26     | 0.00%             | 2030-06-30      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                             | Univision Communications Inc                                                     | CUSIP: 914906AY8<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |     39000 | PA      | $39641.85     | 0.00%             | 2028-08-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Upgrade Master Pass-Thru Trust                       | Upgrade Master Pass-Thru Trust Series 2025-ST4                                   | CUSIP: 91533MAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    713652 | PA      | $715238.98    | 0.04%             | 2032-08-16      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Upgrade Master Pass-Thru Trust                       | Upgrade Master Pass-Thru Trust Series 2025-ST8                                   | CUSIP: 91535UAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    911246 | PA      | $912428.08    | 0.06%             | 2033-12-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Upstart Securitization Trust                         | Upstart Securitization Trust                                                     | CUSIP: 91684NAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    158585 | PA      | $158627.84    | 0.01%             | 2034-11-20      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| USA COM PART/USA COM FIN                             | USA Compression Partners LP / USA Compression Finance Corp                       | CUSIP: 91740PAG3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $51168.08     | 0.00%             | 2029-03-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| VZ SECURED FINANCING BV                              | VZ Secured Financing BV                                                          | CUSIP: 91845AAA3<br>LEI: 549300MG611MYCOWY949 | Long             | DBT              | CORP              | NL        |    113000 | PA      | $97162.80     | 0.01%             | 2032-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VAIL RESORTS INC                                     | Vail Resorts Inc                                                                 | CUSIP: 91879QAP4<br>LEI: 529900PSZHRNU9HKH870 | Long             | DBT              | CORP              | US        |     23000 | PA      | $23260.82     | 0.00%             | 2032-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH AMERICAS                               | Bausch Health Americas Inc                                                       | CUSIP: 91911XAW4<br>LEI: KOO0397YRO83WY5MGD97 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4954.26      | 0.00%             | 2027-01-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE                                | Venture Global Plaquemines LNG LLC                                               | CUSIP: 922966AA4<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |     37000 | PA      | $40696.24     | 0.00%             | 2033-05-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE                                | Venture Global Plaquemines LNG LLC                                               | CUSIP: 922966AB2<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |     15000 | PA      | $16815.51     | 0.00%             | 2035-05-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE                                | Venture Global Plaquemines LNG LLC                                               | CUSIP: 922966AC0<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |     49000 | PA      | $51086.36     | 0.00%             | 2034-01-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE                                | Venture Global Plaquemines LNG LLC                                               | CUSIP: 922966AD8<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    122000 | PA      | $129088.96    | 0.01%             | 2036-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE                                | Venture Global Plaquemines LNG LLC                                               | CUSIP: 922966AE6<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |     17000 | PA      | $17487.52     | 0.00%             | 2030-12-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE                                | Venture Global Plaquemines LNG LLC                                               | CUSIP: 922966AF3<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |     52000 | PA      | $54106.58     | 0.00%             | 2034-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                             | Venture Global Calcasieu Pass LLC                                                | CUSIP: 92328MAA1<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |     22000 | PA      | $20916.39     | 0.00%             | 2029-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                             | Venture Global Calcasieu Pass LLC                                                | CUSIP: 92328MAB9<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |     48000 | PA      | $44642.91     | 0.00%             | 2031-08-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                             | Venture Global Calcasieu Pass LLC                                                | CUSIP: 92328MAC7<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |     19000 | PA      | $16842.97     | 0.00%             | 2033-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                               | Venture Global LNG Inc                                                           | CUSIP: 92332YAA9<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |     58000 | PA      | $59387.92     | 0.00%             | 2028-06-01      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                               | Venture Global LNG Inc                                                           | CUSIP: 92332YAB7<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |     35000 | PA      | $36399.26     | 0.00%             | 2031-06-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                               | Venture Global LNG Inc                                                           | CUSIP: 92332YAC5<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |     14000 | PA      | $15143.58     | 0.00%             | 2029-02-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                               | Venture Global LNG Inc                                                           | CUSIP: 92332YAD3<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |     97000 | PA      | $104195.62    | 0.01%             | 2032-02-01      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                               | Venture Global LNG Inc                                                           | CUSIP: 92332YAE1<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |     55000 | PA      | $56257.34     | 0.00%             | 2030-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Verizon Communications Inc                           | Verizon Communications Inc                                                       | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |    288795 | NS      | $14497509.00  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Master Trust                                 | Verizon Master Trust                                                             | CUSIP: 92348KDP5<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |   1650000 | PA      | $1670552.57   | 0.10%             | 2030-11-20      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                           | Verus Securitization Trust 2025-7                                                | CUSIP: 924931AC2<br>LEI: 213800OVCAXDOBS94P47 | Long             | ABS-MBS          | CORP              | US        |   3180167 | PA      | $3173667.50   | 0.20%             | 2070-08-25      | Variable      | 5.13%                 | No            |                  2 | On Loan: No      |
| Vertex Pharmaceuticals Inc                           | Vertex Pharmaceuticals Inc                                                       | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |     29695 | NS      | $13260005.30  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| TK ELEVATOR US NEWCO INC                             | TK Elevator US Newco Inc                                                         | CUSIP: 92537RAA7<br>LEI: 549300C2AFWPAYWS5574 | Long             | DBT              | CORP              | US        |     80000 | PA      | $79799.05     | 0.00%             | 2027-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                           | Verus Securitization Trust 2021-R1                                               | CUSIP: 92538BAB9<br>LEI: 213800278TKDEXPH6140 | Long             | ABS-MBS          | CORP              | US        |     44666 | PA      | $44184.49     | 0.00%             | 2063-10-25      | Variable      | 1.06%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                           | Verus Securitization Trust 2021-R1                                               | CUSIP: 92538BAC7<br>LEI: 213800278TKDEXPH6140 | Long             | ABS-MBS          | CORP              | US        |     56577 | PA      | $55982.77     | 0.00%             | 2063-10-25      | Variable      | 1.26%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                           | Verus Securitization Trust 2022-1                                                | CUSIP: 92538WAA5<br>LEI: 213800278TKDEXPH6140 | Long             | ABS-MBS          | CORP              | US        |   2572057 | PA      | $2415832.26   | 0.15%             | 2067-01-25      | Variable      | 3.72%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                           | Verus Securitization Trust 2023-6                                                | CUSIP: 92539XAB0<br>LEI: 984500915DDB7T2ACA27 | Long             | ABS-MBS          | CORP              | US        |    317631 | PA      | $318718.95    | 0.02%             | 2068-09-25      | Variable      | 6.94%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                           | Verus Securitization Trust 2023-8                                                | CUSIP: 92540DAA3<br>LEI: 213800DTJD5UKJR53O34 | Long             | ABS-MBS          | CORP              | US        |    267138 | PA      | $268286.14    | 0.02%             | 2068-12-25      | Variable      | 6.26%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                           | Verus Securitization Trust 2024-1                                                | CUSIP: 92540EAA1<br>LEI: 984500A3F1D749452747 | Long             | ABS-MBS          | CORP              | US        |   1247587 | PA      | $1249631.10   | 0.08%             | 2069-01-25      | Variable      | 5.71%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                           | Verus Securitization Trust 2024-INV1                                             | CUSIP: 92540FAA8<br>LEI: 9845000FE754F4AE7E70 | Long             | ABS-MBS          | CORP              | US        |    921817 | PA      | $927363.75    | 0.06%             | 2069-03-25      | Variable      | 6.12%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                           | Verus Securitization Trust 2024-3                                                | CUSIP: 92540MAA3<br>LEI: 2138005NRONUFED1TZ38 | Long             | ABS-MBS          | CORP              | US        |    984509 | PA      | $992356.99    | 0.06%             | 2069-04-25      | Variable      | 6.34%                 | No            |                  2 | On Loan: No      |
| VIKING CRUISES LTD                                   | Viking Cruises Ltd                                                               | CUSIP: 92676XAG2<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |     56000 | PA      | $59029.94     | 0.00%             | 2031-07-15      | Fixed         | 9.13%                 | No            |                  2 | On Loan: No      |
| VIKING CRUISES LTD                                   | Viking Cruises Ltd                                                               | CUSIP: 92676XAH0<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |     70000 | PA      | $69238.16     | 0.00%             | 2033-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA FINANCE PLC                             | Virgin Media Finance PLC                                                         | CUSIP: 92769VAJ8<br>LEI: 2138001LVYC87DDHT482 | Long             | DBT              | CORP              | GB        |     27000 | PA      | $22143.31     | 0.00%             | 2030-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA SECURED FIN                             | Virgin Media Secured Finance PLC                                                 | CUSIP: 92769XAP0<br>LEI: 213800X3RLP4NOTPY579 | Long             | DBT              | CORP              | GB        |     59000 | PA      | $56572.37     | 0.00%             | 2029-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA SECURED FIN                             | Virgin Media Secured Finance PLC                                                 | CUSIP: 92769XAR6<br>LEI: 213800X3RLP4NOTPY579 | Long             | DBT              | CORP              | GB        |     22000 | PA      | $19493.20     | 0.00%             | 2030-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Visa Inc                                             | Visa Inc                                                                         | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     55189 | NS      | $16680323.36  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| VISIO_19-2                                           | VISIO_19-2                                                                       | CUSIP: 92837DAC1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      7137 | PA      | $7098.87      | 0.00%             | 2054-11-25      | Floating      | 3.08%                 | No            |                  2 | On Loan: No      |
| VISIO_20-1R                                          | VISIO_20-1R                                                                      | CUSIP: 92837MAB3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     46575 | PA      | $45117.00     | 0.00%             | 2055-11-25      | Fixed         | 1.57%                 | No            |                  2 | On Loan: No      |
| Visio Trust                                          | Visio 2020-1R Trust                                                              | CUSIP: 92837MAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     54338 | PA      | $52726.86     | 0.00%             | 2055-11-25      | Fixed         | 1.87%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                             | Vistra Operations Co LLC                                                         | CUSIP: 92840VAP7<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |     75000 | PA      | $78575.56     | 0.00%             | 2031-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                             | Vistra Operations Co LLC                                                         | CUSIP: 92840VAR3<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    102000 | PA      | $105547.71    | 0.01%             | 2032-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Vista Point Securitization Trust                     | Vista Point Securitization Trust 2025-CES2                                       | CUSIP: 92842UAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1765307 | PA      | $1769641.98   | 0.11%             | 2055-08-25      | Variable      | 5.60%                 | No            |                  2 | On Loan: No      |
| VISTA POINT SECURITIZATION TRUST VSTA_25-CES2        | VISTA POINT SECURITIZATION TRUST VSTA_25-CES2                                    | CUSIP: 92842UAC6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1450000 | PA      | $1459949.61   | 0.09%             | 2055-08-25      | Floating      | 6.12%                 | No            |                  2 | On Loan: No      |
| VMED O2 UK FINAN                                     | Vmed O2 UK Financing I PLC                                                       | CUSIP: 92858RAB6<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |     63000 | PA      | $54198.27     | 0.00%             | 2031-07-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Vericrest Opportunity Loan Transferee                | VOLT CII LLC                                                                     | CUSIP: 92873HAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    151115 | PA      | $151107.82    | 0.01%             | 2051-08-25      | Variable      | 5.87%                 | No            |                  2 | On Loan: No      |
| VOLTAGRID LLC                                        | VoltaGrid LLC                                                                    | CUSIP: 92874BAA3<br>LEI: 254900R5BEUGIKK1FM03 | Long             | DBT              | CORP              | US        |     14000 | PA      | $14446.16     | 0.00%             | 2030-11-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| VOYAGER PARENT LLC                                   | Voyager Parent LLC                                                               | CUSIP: 92921EAA0<br>LEI: 2549002DYVI4ACSV4V71 | Long             | DBT              | CORP              | US        |     39000 | PA      | $40607.83     | 0.00%             | 2032-07-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| WR GRACE HOLDING LLC                                 | WR Grace Holdings LLC                                                            | CUSIP: 92943GAA9<br>LEI: 549300WNOVFRGYOAEB12 | Long             | DBT              | CORP              | US        |    168000 | PA      | $154277.72    | 0.01%             | 2029-08-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| WR GRACE HOLDING LLC                                 | WR Grace Holdings LLC                                                            | CUSIP: 92943GAE1<br>LEI: 549300WNOVFRGYOAEB12 | Long             | DBT              | CORP              | US        |     13000 | PA      | $13026.69     | 0.00%             | 2031-03-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| WR GRACE HOLDING LLC                                 | WR Grace Holdings LLC                                                            | CUSIP: 92943GAF8<br>LEI: 549300WNOVFRGYOAEB12 | Long             | DBT              | CORP              | US        |    105000 | PA      | $102320.27    | 0.01%             | 2032-08-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| WR GRACE HOLDING LLC                                 | WR Grace Holdings LLC                                                            | CUSIP: 92943GAH4<br>LEI: 549300WNOVFRGYOAEB12 | Long             | DBT              | CORP              | US        |     18000 | PA      | $17537.95     | 0.00%             | 2033-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Walmart Inc                                          | Walmart Inc                                                                      | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |    102151 | NS      | $12695326.28  | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| WALMART INC                                          | Walmart Inc                                                                      | CUSIP: 931142FP3<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    641000 | PA      | $649486.00    | 0.04%             | 2035-04-28      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Waste Management Inc                                 | Waste Management Inc                                                             | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |     26183 | NS      | $6016591.57   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| WASTE PRO USA INC                                    | Waste Pro USA Inc                                                                | CUSIP: 94107JAC7<br>LEI: 549300BY1QXU5BI3UF28 | Long             | DBT              | CORP              | US        |    128000 | PA      | $129782.43    | 0.01%             | 2033-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| WATCO COS LLC/FINANCE CO                             | Watco Cos LLC / Watco Finance Corp                                               | CUSIP: 941130AD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    126000 | PA      | $129537.93    | 0.01%             | 2032-08-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Waters Corp                                          | Waters Corp                                                                      | CUSIP: 941848103<br>LEI: 5T547R1474YC9HOD8Q74 | Long             | EC               | CORP              | US        |     18379 | NS      | $5473266.20   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co                                     | Wells Fargo & Co                                                                 | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |    127531 | NS      | $10152742.91  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO & COMPANY                                | Wells Fargo & Co                                                                 | CUSIP: 95000U3D3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2028686.78   | 0.13%             | 2034-04-24      | Fixed         | 5.39%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                               | WESCO Distribution Inc                                                           | CUSIP: 95081QAP9<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |     65000 | PA      | $65369.18     | 0.00%             | 2028-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                               | WESCO Distribution Inc                                                           | CUSIP: 95081QAQ7<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |     11000 | PA      | $11196.68     | 0.00%             | 2029-03-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                               | WESCO Distribution Inc                                                           | CUSIP: 95081QAR5<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |     41000 | PA      | $41935.66     | 0.00%             | 2032-03-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                               | WESCO Distribution Inc                                                           | CUSIP: 95081QAS3<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101951.47    | 0.01%             | 2033-03-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                               | WESCO Distribution Inc                                                           | CUSIP: 95081QAT1<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |     13000 | PA      | $12917.92     | 0.00%             | 2031-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                               | WESCO Distribution Inc                                                           | CUSIP: 95081QAU8<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |     22000 | PA      | $21684.06     | 0.00%             | 2034-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                             | Western Midstream Operating LP                                                   | CUSIP: 958667AE7<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    764000 | PA      | $797898.95    | 0.05%             | 2033-04-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| WEX INC                                              | WEX Inc                                                                          | CUSIP: 96208TAD6<br>LEI: T9M5IGROL1TL1G5OV478 | Long             | DBT              | CORP              | US        |    103000 | PA      | $100850.65    | 0.01%             | 2033-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| WHIRLPOOL CORP                                       | Whirlpool Corp                                                                   | CUSIP: 963320BD7<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |      8000 | PA      | $7807.67      | 0.00%             | 2030-06-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| WHIRLPOOL CORP                                       | Whirlpool Corp                                                                   | CUSIP: 963320BE5<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |      8000 | PA      | $7604.08      | 0.00%             | 2033-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| WHITE CAP SUPPLY HOLDING                             | White Cap Supply Holdings LLC                                                    | CUSIP: 96467GAC2<br>LEI: 254900L2N0T6GULCL366 | Long             | DBT              | CORP              | US        |    105000 | PA      | $101917.61    | 0.01%             | 2030-11-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| WILLIAMS SCOTSMAN INC                                | Williams Scotsman Inc                                                            | CUSIP: 96949VAM5<br>LEI: 549300DAKDS8SCO1OT57 | Long             | DBT              | CORP              | US        |     12000 | PA      | $12128.36     | 0.00%             | 2029-06-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| WILLIAMS SCOTSMAN INC                                | Williams Scotsman Inc                                                            | CUSIP: 96949VAN3<br>LEI: 549300DAKDS8SCO1OT57 | Long             | DBT              | CORP              | US        |     61000 | PA      | $61825.78     | 0.00%             | 2030-04-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| WINDSTREAM SERVICES/ESCR                             | Windstream Services LLC / Windstream Escrow Finance Corp                         | CUSIP: 97381AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     52000 | PA      | $54466.73     | 0.00%             | 2031-10-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| UNITI SERVICES LLC                                   | Uniti Services LLC                                                               | CUSIP: 97382BAB5<br>LEI: 549300KT9GVEBYCD2N29 | Long             | DBT              | CORP              | US        |     29000 | PA      | $30140.16     | 0.00%             | 2033-10-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| WOLVERINE WORLD WIDE                                 | Wolverine World Wide Inc                                                         | CUSIP: 978097AG8<br>LEI: 549300OVC7PK14LQ8D87 | Long             | DBT              | CORP              | US        |     71000 | PA      | $65729.74     | 0.00%             | 2029-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WULF COMPUTE LLC                                     | WULF Compute LLC                                                                 | CUSIP: 982911AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     37000 | PA      | $39098.69     | 0.00%             | 2030-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| WYNDHAM HOTELS & RESORTS                             | Wyndham Hotels & Resorts Inc                                                     | CUSIP: 98311AAE5<br>LEI: 549300FE3MQ4RVXXC673 | Long             | DBT              | CORP              | US        |     21000 | PA      | $20661.82     | 0.00%             | 2033-03-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| XPLR INFRAST OPERATING                               | XPLR Infrastructure Operating Partners LP                                        | CUSIP: 98379YAA0<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |    125000 | PA      | $129084.61    | 0.01%             | 2034-04-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| XPLR INFRAST OPERATING                               | XPLR Infrastructure Operating Partners LP                                        | CUSIP: 98380MAA3<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |     62000 | PA      | $65404.45     | 0.00%             | 2031-01-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| XPLR INFRAST OPERATING                               | XPLR Infrastructure Operating Partners LP                                        | CUSIP: 98380MAB1<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |     49000 | PA      | $51808.52     | 0.00%             | 2033-03-15      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| ZF NA CAPITAL                                        | ZF North America Capital Inc                                                     | CUSIP: 98877DAE5<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |     16000 | PA      | $15793.37     | 0.00%             | 2030-04-14      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| ZF NA CAPITAL                                        | ZF North America Capital Inc                                                     | CUSIP: 98877DAG0<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |    149000 | PA      | $142120.70    | 0.01%             | 2032-04-23      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ZF NA CAPITAL                                        | ZF North America Capital Inc                                                     | CUSIP: 98877DAH8<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |     69000 | PA      | $67697.21     | 0.00%             | 2031-03-24      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ZI TECH LLC/ZI FIN CORP                              | ZoomInfo Technologies LLC/ZoomInfo Finance Corp                                  | CUSIP: 98981BAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     79000 | PA      | $65703.10     | 0.00%             | 2029-02-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ASCEND LEARNING LLC                                  | Ascend Learning LLC 2025 Repriced Term Loan B                                    | CUSIP: 04349HAN4<br>LEI: 549300T466HKRLVCD610 | Long             | LON              | CORP              | US        |     52039 | PA      | $50737.81     | 0.00%             | 2028-12-11      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                               | US 5YR NOTE JUN 26                                                               | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       -26 | NC      | $8243.12      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Aon PLC                                              | Aon PLC                                                                          | CUSIP: 000000000<br>LEI: 635400FALWQYX5E6QC64 | Long             | EC               | CORP              | IE        |     26508 | NS      | $8556252.24   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp PLC                                       | Eaton Corp PLC                                                                   | CUSIP: 000000000<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |     31778 | NS      | $11366037.26  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| TE Connectivity PLC                                  | TE Connectivity PLC                                                              | CUSIP: 000000000<br>LEI: 6367003TB6K484NFHE54 | Long             | EC               | CORP              | IE        |     69762 | NS      | $14581653.24  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                               | US 2YR NOTE JUN 26                                                               | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |      -321 | NC      | $378704.55    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                               | US 10YR NOTE JUN 26                                                              | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       573 | NC      | $-1246069.11  | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                               | US LONG BOND JUN 26                                                              | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       268 | NC      | $-988032.65   | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                               | US ULTRA 10YR NOTE JUN 26                                                        | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |        30 | NC      | $-76473.75    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                               | US ULTRA T-BOND JUN 26                                                           | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       171 | NC      | $-682410.90   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-04

**Name of Applicant:** Columbia Funds Variable Series Trust II

**Signature:** Jennifer Borges

**Name of Signer:** Jennifer Borges

**Title:** Senior Manager