# EDGAR Filing Document

**Accession Number:** 0000088525
**File Stem:** 0000913181-25-000365
**Filing Date:** 2025-12
**Character Count:** 864648
**Document Hash:** b3015571fa488db426bf026888f578e2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000913181-25-000365.hdr.sgml**: 20251201

**ACCESSION NUMBER**: 0000913181-25-000365

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251201

**DATE AS OF CHANGE**: 20251201

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GUGGENHEIM FUNDS TRUST
- **CENTRAL INDEX KEY:** 0000088525

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-01136
- **FILM NUMBER:** 251538238

**BUSINESS ADDRESS:**
- **STREET 1:** 702 KING FARM BOULEVARD
- **STREET 2:** SUITE 200
- **CITY:** ROCKVILLE
- **STATE:** MD
- **ZIP:** 20850
- **BUSINESS PHONE:** 301-296-5100

**MAIL ADDRESS:**
- **STREET 1:** 702 KING FARM BOULEVARD
- **STREET 2:** SUITE 200
- **CITY:** ROCKVILLE
- **STATE:** MD
- **ZIP:** 20850

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SECURITY EQUITY FUND
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Guggenheim Total Return Bond Fund (Series ID: S000043991)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000136527 | A-Class             | GIBAX           |
| C000136528 | C-Class             | GIBCX           |
| C000136529 | Institutional Class | GIBIX           |
| C000152106 | R6                  | GIBRX           |
| C000155971 | P                   | GIBLX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Guggenheim Funds Trust

- **b. Investment Company Act file number:** 811-01136

- **c. CIK number of Registrant:** 0000088525

- **d. LEI of Registrant:** 54930033G24U3UGWK691

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

  - **Street Address 1:** 702 King Farm Blvd., Suite 200

  - **City:** Rockville

  - **State:** MD

  - **Foreign country:** US

  - **Zip / Postal Code:** 20850

  - **Telephone number:** 301-296-5100

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

- **a. Name of Series:** Guggenheim Total Return Bond Fund

- **b. EDGAR series identifier (if any):** S000043991

- **c. LEI of Series:** 549300FZ18ZR1YQ4EB78

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

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $44113075391.68

**Total Liabilities:** $14619399876.07

**Net Assets:** $29493675515.61

**Delayed Delivery Securities:** $12728151636.46

**Cash Not Reported:** $36032018.03

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 310258.51975150 | **1-Year:** 2041869.30727970 | **5-Year:** 4141442.96024620 | **10-Year:** 4624442.81633700 | **30-Year:** 1723659.57372380

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

- **3-Month:** 109349.56173540 | **1-Year:** 143359.87168100 | **5-Year:** 533183.22622900 | **10-Year:** 147119.15978990 | **30-Year:** 134283.14501820

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000152106 | -0.15%               | 1.39%                | 1.12%                |
| Class ID C000136528 | -0.28%               | 1.30%                | 1.04%                |
| Class ID C000136529 | -0.15%               | 1.35%                | 1.12%                |
| Class ID C000155971 | -0.18%               | 1.36%                | 1.10%                |
| Class ID C000136527 | -0.18%               | 1.32%                | 1.10%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1859260.88             | $-135876359.37                             |
| Month 2  | $40317835.37             | $188698132.56                              |
| Month 3  | $49204754.42             | $162327137.90                              |

**Designated Index Information**

- **Index Name:** Portfolio (ExDerivative)

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                          | Title                                                                                                | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |    Balance | Units   | Value (USD)    | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| FLUTTER ENTERTAINMENT PLC                     | Flutter Entertainment plc                                                                            | CUSIP: N/A<br>LEI: 635400EG4YIJLJMZJ782       | Long             | DBT              | CORP              | IE        |    4900000 | PA      | $5939702.27    | 0.02%             | 2029-04-29      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RGA GLOBAL FUNDING                            | RGA Global Funding                                                                                   | CUSIP: 76209PAD5<br>LEI: 549300Y22K5FOEBMSK42 | Long             | DBT              | CORP              | US        |   12750000 | PA      | $13301579.28   | 0.05%             | 2031-01-11      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Owl Rock CLO VIII, LLC                        | Owl Rock CLO VIII LLC                                                                                | CUSIP: 69121CAG7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    6500000 | PA      | $6512192.05    | 0.02%             | 2037-04-24      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trus                | BRAVO Residential Funding Trust                                                                      | CUSIP: 10570TAD7<br>LEI: 254900I1LYOO3G3UAT10 | Long             | ABS-MBS          | CORP              | US        |   14386649 | PA      | $14466133.38   | 0.05%             | 2065-07-25      | Variable      | 5.81%                 | No            |                  2 | On Loan: No      |
| ENERGIZER HOLDINGS INC                        | Energizer Holdings, Inc.                                                                             | CUSIP: N/A<br>LEI: 5493000D6NN0V57UME20       | Long             | LON              | CORP              | US        |     554893 | PA      | $554659.55     | 0.00%             | 2032-03-13      | Variable      | 6.14%                 | No            |                  2 | On Loan: No      |
| MEIJI YASUDA LIFE INSURA                      | Meiji Yasuda Life Insurance Co.                                                                      | CUSIP: 585270AD3<br>LEI: 549300SLU4LP6YMRLK07 | Long             | DBT              | CORP              | JP        |    4093000 | PA      | $4178613.28    | 0.01%             | 2054-09-11      | Variable      | 5.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140LD6N4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    5210392 | PA      | $4156806.60    | 0.01%             | 2046-10-01      | Fixed         | 2.51%                 | No            |                  2 | On Loan: No      |
| LoanCore 2021-CRE6 Issuer, Ltd                | LoanCore Issuer Ltd.                                                                                 | CUSIP: 53948HAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   44000000 | PA      | $43910526.00   | 0.15%             | 2038-11-15      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Achieve Mortgage                              | ACHM Trust                                                                                           | CUSIP: 00449SAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   11223687 | PA      | $11410432.35   | 0.04%             | 2055-03-25      | Variable      | 5.92%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, In                | RALI Series Trust                                                                                    | CUSIP: 761118VY1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   16536210 | PA      | $2696278.71    | 0.01%             | 2046-02-25      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                      | Madison Park Funding XLVIII Ltd.                                                                     | CUSIP: 55821UAE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    6650000 | PA      | $6662829.85    | 0.02%             | 2033-04-19      | Floating      | 6.59%                 | No            |                  2 | On Loan: No      |
| PRP Advisors, LLC                             | PRPM 2025-5 LLC                                                                                      | CUSIP: 69392RAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   17918646 | PA      | $17935457.18   | 0.06%             | 2030-07-25      | Variable      | 5.73%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                            | Vodafone Group plc                                                                                   | CUSIP: 92857WBW9<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |   40537000 | PA      | $37922106.50   | 0.13%             | 2081-06-04      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| OWS Structured Asset Trust                    | OSAT Trust                                                                                           | CUSIP: 67114HAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   47472653 | PA      | $47491186.23   | 0.16%             | 2065-05-25      | Variable      | 6.12%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                          | Bank of America Corp.                                                                                | CUSIP: 06051GHT9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    3350000 | PA      | $3336619.50    | 0.01%             | 2027-04-23      | Variable      | 3.56%                 | No            |                  2 | On Loan: No      |
| Bank of America, N.A.                         | Foreign Exchange EUR/USD                                                                             | CUSIP: N/A<br>LEI: B4TYDEB6GKMZO031MB27       | N/A              | DFE              |  | US        |  283040000 | NC      | $711.26        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Venture CDO Ltd                               | Venture XIII CLO Ltd.                                                                                | CUSIP: 92329PAC9<br>LEI: 549300ZVVNSDW7WU0O73 | Long             | ABS-O            | CORP              | KY        |    3700000 | PA      | $370.00        | 0.00%             | 2029-09-10      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| WAMU Asset-Backed Certificates                | WaMu Asset-Backed Certificates WaMu Series                                                           | CUSIP: 93363XAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2970285 | PA      | $1708464.96    | 0.01%             | 2047-07-25      | Floating      | 4.52%                 | No            |                  2 | On Loan: No      |
| PRP Advisors, LLC                             | PRPM LLC                                                                                             | CUSIP: 69381AAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3125907 | PA      | $3093793.84    | 0.01%             | 2053-06-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| DT MIDSTREAM INC                              | DT Midstream, Inc.                                                                                   | CUSIP: 23345MAD9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   29400000 | PA      | $30311115.11   | 0.10%             | 2034-12-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Barclays Bank plc                             | CURRENCY CONTRACT - Rec USD / Deliver EUR                                                            | CUSIP: N/A<br>LEI: G5GSEF7VJP5I7OUK5573       | N/A              | DFE              |  | US        |   -1193000 | NC      | $-9351.85      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ENCORE CAPITAL GROUP INC                      | Encore Capital Group, Inc.                                                                           | CUSIP: 292554AS1<br>LEI: 5493000UVC6H49CIH830 | Long             | DBT              | CORP              | US        |   15150000 | PA      | $15105912.14   | 0.05%             | 2031-04-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| VOLT PARENT LP                                | Calpine Construction Finance Company, LP                                                             | CUSIP: N/A<br>LEI: V0Q3DOB0FIB2XI1KWU77       | Long             | LON              | CORP              | US        |   10350000 | PA      | $10348758.00   | 0.04%             | 2030-07-31      | Variable      | 6.16%                 | No            |                  2 | On Loan: No      |
| TSY INFL IX N/B                               | United States Treasury Inflation Indexed Bonds                                                       | CUSIP: 91282CNS6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  473072482 | PA      | $476902571.48  | 1.62%             | 2035-07-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                   | Freddie Mac                                                                                          | CUSIP: 3133KRFC3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   40068771 | PA      | $40758735.92   | 0.14%             | 2053-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GINKGO BIOWORKS HOLDINGS INC                  | Ginkgo Bioworks Holdings, Inc.                                                                       | CUSIP: 37611X118<br>LEI: N/A                  | N/A              | DE               |  | US        |     101490 | NS      | $740.88        | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                                   | Freddie Mac                                                                                          | CUSIP: 3137HJWE3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   27684647 | PA      | $28084673.74   | 0.10%             | 2053-07-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FS KKR CAPITAL CORP                           | FS KKR Capital Corp.                                                                                 | CUSIP: 302635AL1<br>LEI: 549300TYRSI1T21B1360 | Long             | DBT              | CORP              | US        |   30100000 | PA      | $29087504.63   | 0.10%             | 2027-07-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                        | Standard Chartered plc                                                                               | CUSIP: 853254BS8<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | US        |   16067000 | PA      | $16137875.71   | 0.05%             | 2031-04-01      | Variable      | 4.64%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 67448NAA6<br>LEI: 254900RDM4XSF0B1E373 | Long             | ABS-MBS          | CORP              | US        |   11571438 | PA      | $11686090.14   | 0.04%             | 2064-01-25      | Variable      | 5.99%                 | No            |                  2 | On Loan: No      |
| ENSTAR GROUP LTD                              | Enstar Group Ltd.                                                                                    | CUSIP: 29359UAC3<br>LEI: 213800AMAL5QFXVUCN04 | Long             | DBT              | CORP              | BM        |    3840000 | PA      | $3429694.77    | 0.01%             | 2031-09-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PANAMA                            | Panama Government International Bond                                                                 | CUSIP: 698299BH6<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |   22700000 | PA      | $17051559.00   | 0.06%             | 2050-04-16      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                             | State Street Corp.                                                                                   | CUSIP: 857477CH4<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EP               | CORP              | US        |    2645000 | NS      | $2751022.18    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                | Morgan Stanley Capital I Trust                                                                       | CUSIP: 61766CAL3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     275000 | PA      | $236584.18     | 0.00%             | 2049-03-15      | Variable      | 4.76%                 | No            |                  2 | On Loan: No      |
| Cerberus                                      | Cerberus Loan Funding XLVIII LLC                                                                     | CUSIP: 15675JAA8<br>LEI: 635400TT2BPIAD7JRA96 | Long             | ABS-O            | CORP              | US        |   20150000 | PA      | $20282423.79   | 0.07%             | 2036-10-15      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| SWISS RE AG                                   | Demeter Investments BV                                                                               | CUSIP: N/A<br>LEI: 529900PS9YW3YY29F326       | Long             | DBT              | CORP              | CH        |    4900000 | PA      | $4949578.98    | 0.02%             | 2052-08-15      | Variable      | 5.62%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3136AHGP9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    8218786 | PA      | $6242690.95    | 0.02%             | 2043-12-25      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FAIR ISAAC CORP                               | Fair Isaac Corp.                                                                                     | CUSIP: 303250AE4<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |   15640000 | PA      | $15637674.33   | 0.05%             | 2026-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SUBWAY FUNDING LLC                            | Subway Funding LLC                                                                                   | CUSIP: 864300AL2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   35928500 | PA      | $35786431.53   | 0.12%             | 2054-07-30      | Fixed         | 5.91%                 | No            |                  2 | On Loan: No      |
| Cerberus                                      | Cerberus Loan Funding 51 LLC                                                                         | CUSIP: 15675QAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   43000000 | PA      | $43149270.20   | 0.15%             | 2037-10-15      | Floating      | 5.64%                 | No            |                  2 | On Loan: No      |
| BLUE OWL GP STAKES IV                         | Blue Owl IV                                                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |    6240000 | PA      | $6240000.00    | 0.02%             | 2045-09-04      | Fixed         | 5.94%                 | No            |                  3 | On Loan: No      |
| BCC Middle Market CLO                         | BCC Middle Market CLO 2019-1 LLC                                                                     | CUSIP: 05550GAU1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   13850000 | PA      | $13868808.30   | 0.05%             | 2036-07-15      | Floating      | 5.72%                 | No            |                  2 | On Loan: No      |
| Home Equity Loan Trust                        | Home Equity Loan Trust                                                                               | CUSIP: 43710XAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   37157535 | PA      | $36063376.03   | 0.12%             | 2037-04-25      | Floating      | 4.46%                 | No            |                  2 | On Loan: No      |
| JETBLUE AIRWAYS CORP                          | JetBlue Class A Pass Through Trust                                                                   | CUSIP: 477164AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     105830 | PA      | $99528.09      | 0.00%             | 2032-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust                 | Citigroup Mortgage Loan Trust, Inc.                                                                  | CUSIP: 17312EAC0<br>LEI: 549300R1KUK063S4I339 | Long             | ABS-MBS          | CORP              | US        |    5192845 | PA      | $4547120.33    | 0.02%             | 2037-03-25      | Floating      | 4.45%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                           | JPMorgan Chase & Co.                                                                                 | CUSIP: 48128AAJ2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EP               | CORP              | US        |   20220000 | NS      | $20930409.48   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| SELECTIVE INSURANCE GROU                      | Selective Insurance Group, Inc.                                                                      | CUSIP: 816300503<br>LEI: 549300R3WGJWLE40R258 | Long             | EP               | CORP              | US        |     541225 | NS      | $10039723.75   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| HUNTER DOUGLAS INC                            | Hunter Douglas, Inc.                                                                                 | CUSIP: N/A<br>LEI: 529900811T142NS3H544       | Long             | LON              | CORP              | US        |   14282075 | PA      | $14282075.00   | 0.05%             | 2032-01-17      | Variable      | 7.25%                 | No            |                  2 | On Loan: No      |
| BANIJAY GROUP NV                              | Betclic Everest Group SAS                                                                            | CUSIP: N/A<br>LEI: 96950037FKVH5JOEKU82       | Long             | LON              | CORP              | FR        |   18200000 | PA      | $21505108.03   | 0.07%             | 2031-12-09      | Variable      | 6.09%                 | No            |                  2 | On Loan: No      |
| Apollo Aviation Securitization                | AASET MT-1 Ltd.                                                                                      | CUSIP: 00039NAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   32748608 | PA      | $33083399.95   | 0.11%             | 2050-02-16      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| BX Trust                                      | BX Commercial Mortgage Trust                                                                         | CUSIP: 12433CAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   10672625 | PA      | $10702642.19   | 0.04%             | 2039-08-15      | Floating      | 6.29%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                     | ONEOK, Inc.                                                                                          | CUSIP: 682680CA9<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    1600000 | PA      | $1177837.10    | 0.00%             | 2050-03-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| BCRED CLO LLC                                 | BCRED CLO LLC                                                                                        | CUSIP: 05556FAC7<br>LEI: 2549001W2Y6F50VEZG93 | Long             | ABS-O            | CORP              | KY        |    7150000 | PA      | $7195281.67    | 0.02%             | 2037-04-20      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140LEQ75<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     944402 | PA      | $710335.07     | 0.00%             | 2051-12-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                             | 1-Year/2-Year Interest Rate Swap                                                                     | CUSIP: N/A<br>LEI: G5GSEF7VJP5I7OUK5573       | N/A              | DIR              |  | GB        | -135871875 | NC      | $-393653.43    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CENTRL WA UNIV SYS REVENUE                    | Central Washington University Revenue Bonds                                                          | CUSIP: 155839DL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    1750000 | PA      | $1929222.58    | 0.01%             | 2040-05-01      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Inc                    | Morgan Stanley ABS Capital I Incorporated Trust                                                      | CUSIP: 61750FAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2791153 | PA      | $953959.63     | 0.00%             | 2036-09-25      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| HANOVER INSURANCE GROUP                       | Hanover Insurance Group, Inc.                                                                        | CUSIP: 410867AH8<br>LEI: JJYR6MFKFF6CF8DBZ078 | Long             | DBT              | CORP              | US        |   16175000 | PA      | $16365667.18   | 0.06%             | 2035-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BDS Ltd                                       | BDS 2025-FL15 LLC                                                                                    | CUSIP: 05556EAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   12950000 | PA      | $12961001.03   | 0.04%             | 2043-03-19      | Floating      | 6.03%                 | No            |                  2 | On Loan: No      |
| CLI Funding LLC                               | CLI Funding VIII LLC                                                                                 | CUSIP: 12565KAA5<br>LEI: 254900Z4P82YK31RVL27 | Long             | ABS-O            | CORP              | US        |    2036089 | PA      | $1881316.06    | 0.01%             | 2046-02-18      | Fixed         | 1.64%                 | No            |                  2 | On Loan: No      |
| STATE OF ISRAEL                               | Israel Government International Bond                                                                 | CUSIP: 46514BRN9<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    9800000 | PA      | $10068292.84   | 0.03%             | 2029-03-12      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| UGI ENERGY SERVICES LLC                       | UGI Energy Services LLC                                                                              | CUSIP: N/A<br>LEI: 5493001O7RUKEUP5XR11       | Long             | LON              | CORP              | US        |    3753683 | PA      | $3766595.19    | 0.01%             | 2030-02-22      | Variable      | 6.66%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                 | Citigroup, Inc.                                                                                      | CUSIP: 17327CAV5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EP               | CORP              | US        |   19190000 | NS      | $19708264.33   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                         | Level 3 Financing, Inc.                                                                              | CUSIP: 527298CD3<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |   21815000 | PA      | $19933456.25   | 0.07%             | 2030-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                        | Venture Global LNG, Inc.                                                                             | CUSIP: 92332YAC5<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   29800000 | PA      | $32840345.00   | 0.11%             | 2029-02-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trus                | BRAVO Residential Funding Trust                                                                      | CUSIP: 105933AC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2089582 | PA      | $2070995.30    | 0.01%             | 2062-05-25      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| WAYSTAR TECHNOLOGIES INC                      | Waystar Technologies, Inc.                                                                           | CUSIP: N/A<br>LEI: 549300BIRBTAWWHCSZ09       | Long             | LON              | CORP              | US        |     767888 | PA      | $767565.78     | 0.00%             | 2029-10-22      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| YAK BLOCKER 2 LLC                             | YAK BLOCKER 2 LLC                                                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      40754 | NS      | $33437.10      | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Freddie Mac                                   | Freddie Mac                                                                                          | CUSIP: 3132E0TS1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    7436212 | PA      | $7454190.15    | 0.03%             | 2053-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SWISS RE FINANCE LUX                          | Swiss Re Finance Luxembourg S.A.                                                                     | CUSIP: 87089NAA8<br>LEI: 549300CLQZ6TM98LW631 | Long             | DBT              | CORP              | LU        |   18300000 | PA      | $18438749.50   | 0.06%             | 2049-04-02      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Cerberus                                      | Cerberus Loan Funding XLVII LLC                                                                      | CUSIP: 156945AC1<br>LEI: 635400CIDEC6DQX2EU90 | Long             | ABS-O            | CORP              | US        |    5250000 | PA      | $5279298.68    | 0.02%             | 2036-07-15      | Floating      | 6.27%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140QSTU5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   72022489 | PA      | $71733883.08   | 0.24%             | 2053-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASTR Asset Backed Securities                 | Master Asset-Backed Securities Trust                                                                 | CUSIP: 57645MAE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   10125265 | PA      | $3282455.87    | 0.01%             | 2036-10-25      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| OBRA CAPITAL INC                              | Obra Longevity                                                                                       | CUSIP: N/A<br>LEI: 2549001PDYPC4244EX25       | Long             | ABS-O            | CORP              | US        |   67000000 | PA      | $70470074.05   | 0.24%             | 2039-06-30      | Fixed         | 8.48%                 | No            |                  3 | On Loan: No      |
| STAR 2025-SFR6 Trust                          | STAR 2025-SFR6 Trust                                                                                 | CUSIP: 85520EAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    6850000 | PA      | $6854281.25    | 0.02%             | 2042-08-17      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| ELANCO ANIMAL HEALTH INC                      | Elanco Animal Health, Inc.                                                                           | CUSIP: N/A<br>LEI: 549300SHPNDCE059M934       | Long             | LON              | CORP              | US        |    1009521 | PA      | $1008178.80    | 0.00%             | 2027-08-01      | Variable      | 6.13%                 | No            |                  2 | On Loan: No      |
| CMFT Net Lease Master Issuer L                | CMFT Net Lease Master Issuer LLC                                                                     | CUSIP: 12575AAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    5050000 | PA      | $4376914.29    | 0.01%             | 2051-07-20      | Fixed         | 3.04%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140LEQK6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1900000 | PA      | $1216342.32    | 0.00%             | 2051-12-01      | Fixed         | 2.43%                 | No            |                  2 | On Loan: No      |
| BRINK'S CO/THE                                | Brink's Co.                                                                                          | CUSIP: 109696AD6<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | DBT              | CORP              | US        |   22420000 | PA      | $23320050.90   | 0.08%             | 2032-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| FEDERAL FARM CREDIT BANK                      | Federal Farm Credit Bank                                                                             | CUSIP: 3133ENJN1<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGSE             | US        |     180000 | PA      | $130042.62     | 0.00%             | 2041-12-30      | Fixed         | 2.59%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BLDG SOCIETY                       | Nationwide Building Society                                                                          | CUSIP: 63861VAM9<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |    1720000 | PA      | $1734053.16    | 0.01%             | 2029-07-14      | Variable      | 4.65%                 | No            |                  2 | On Loan: No      |
| WEIR GROUP PLC (THE)                          | Weir Group plc                                                                                       | CUSIP: 94876QAA4<br>LEI: 549300KDR56WHY9I3D10 | Long             | DBT              | CORP              | GB        |   13015000 | PA      | $12807415.57   | 0.04%             | 2026-05-13      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| FS Rialto Issuer Ltd                          | FS Rialto Issuer LLC                                                                                 | CUSIP: 30340KAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   17750000 | PA      | $17669897.80   | 0.06%             | 2042-08-19      | Floating      | 5.73%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                       | BPCE S.A.                                                                                            | CUSIP: 056121AA4<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |   12200000 | PA      | $12516520.70   | 0.04%             | 2031-05-28      | Variable      | 5.39%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                           | COMM Mortgage Trust                                                                                  | CUSIP: 12593QBF6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7768037 | PA      | $90.89         | 0.00%             | 2048-10-10      | Variable      | 0.87%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trus                | BRAVO Residential Funding Trust 2025-NQM7                                                            | CUSIP: 10570TAC9<br>LEI: 254900I1LYOO3G3UAT10 | Long             | ABS-MBS          | CORP              | US        |    3659573 | PA      | $3683622.14    | 0.01%             | 2065-07-25      | Variable      | 5.66%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX 2025-NQM16 Trust                                                                                 | CUSIP: 67122DAG8<br>LEI: 254900WI6P4MRT24JH23 | Long             | ABS-MBS          | CORP              | US        |    6563000 | PA      | $6542738.51    | 0.02%             | 2065-08-25      | Variable      | 5.21%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage                 | Citigroup Commercial Mortgage Trust                                                                  | CUSIP: 17328HBF7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  203083997 | PA      | $4307066.33    | 0.01%             | 2052-11-10      | Variable      | 0.72%                 | No            |                  2 | On Loan: No      |
| GLOBAL ATLANTIC FIN CO                        | Global Atlantic Finance Co.                                                                          | CUSIP: 37959GAF4<br>LEI: 98450051B2E65CAA7E94 | Long             | DBT              | CORP              | US        |    3190000 | PA      | $3372680.52    | 0.01%             | 2054-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Acquisition                | JP Morgan Mortgage Acquisition Trust                                                                 | CUSIP: 46629KAF6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1626342 | PA      | $1224873.29    | 0.00%             | 2036-08-25      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| Capmark Military Housing Trust                | Capmark Military Housing Trust                                                                       | CUSIP: 14066AAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   12184015 | PA      | $10606208.13   | 0.04%             | 2051-07-10      | Fixed         | 6.15%                 | No            |                  3 | On Loan: No      |
| NIPPON LIFE INSURANCE                         | Nippon Life Insurance Co.                                                                            | CUSIP: 654579AH4<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |   45350000 | PA      | $40807635.16   | 0.14%             | 2051-01-21      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| Cross Mortgage Trust                          | Cross Mortgage Trust                                                                                 | CUSIP: 22758PAE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5241426 | PA      | $5262428.94    | 0.02%             | 2070-03-25      | Variable      | 5.66%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                    | Verus Securitization Trust                                                                           | CUSIP: 92540VAD7<br>LEI: 213800TTP1CNX4WER720 | Long             | ABS-MBS          | CORP              | US        |   16403680 | PA      | $16477481.54   | 0.06%             | 2070-03-25      | Variable      | 5.51%                 | No            |                  2 | On Loan: No      |
| BofA Securities, Inc.                         | U.S. Secured Overnight Financing Rate                                                                | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | N/A              | DIR              |  | US        |  584523266 | OU      | $16901718.20   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| KDAC Aviation Finance Limited                 | KDAC Aviation Finance Ltd.                                                                           | CUSIP: 48244XAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    9716654 | PA      | $9644070.67    | 0.03%             | 2042-12-15      | Fixed         | 4.21%                 | No            |                  2 | On Loan: No      |
| Ace Securities Corp.                          | ACE Securities Corporation Home Equity Loan Trust Series                                             | CUSIP: 00442KAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5804298 | PA      | $2457183.51    | 0.01%             | 2037-02-25      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| TARA TOPCO LTD                                | Ardonagh Finco Ltd.                                                                                  | CUSIP: N/A<br>LEI: 254900D2T84O1K03BA28       | Long             | DBT              | CORP              | JE        |   16100000 | PA      | $19541196.72   | 0.07%             | 2031-02-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| MIDCAP FUNDING XLVI TRUST                     | MidCap Funding XLVI Trust                                                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |   33100000 | PA      | $33100000.00   | 0.11%             | 2028-04-15      | Variable      | 6.72%                 | No            |                  3 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                      | Venture Global Calcasieu Pass LLC                                                                    | CUSIP: 92328MAE3<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |    1500000 | PA      | $1563825.00    | 0.01%             | 2030-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mor                | JP Morgan Chase Commercial Mortgage Securities Trust                                                 | CUSIP: 46590RAG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   46755179 | PA      | $280507.70     | 0.00%             | 2049-08-15      | Variable      | 1.44%                 | No            |                  2 | On Loan: No      |
| BECLE SA DE CV                                | Becle, SAB de CV                                                                                     | CUSIP: 07586PAA9<br>LEI: 529900JY55CZKMJLCE09 | Long             | DBT              | CORP              | MX        |   13000000 | PA      | $11232188.50   | 0.04%             | 2031-10-14      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 67119FAC7<br>LEI: 254900FVMB3WTXJGGR91 | Long             | ABS-MBS          | CORP              | US        |    6858094 | PA      | $6937377.14    | 0.02%             | 2064-03-25      | Variable      | 6.60%                 | No            |                  2 | On Loan: No      |
| HAH GROUP HOLDING COMPANY LLC                 | HAH Group Holding Co. LLC                                                                            | CUSIP: N/A<br>LEI: 254900FFJQHW9R90FL74       | Long             | LON              | CORP              | US        |    2386077 | PA      | $2142243.62    | 0.01%             | 2031-09-24      | Variable      | 9.16%                 | No            |                  2 | On Loan: No      |
| AASET 2021-2 Trust                            | AASET Trust                                                                                          | CUSIP: 00258BAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   29288427 | PA      | $27598016.41   | 0.09%             | 2047-01-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| COBANK ACB                                    | CoBank ACB                                                                                           | CUSIP: 19075QAD4<br>LEI: P0J8I7M2E0A77CKF1705 | Long             | EP               | CORP              | US        |    3300000 | NS      | $3213639.66    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas                                   | 1-Year/2-Year Interest Rate Swap                                                                     | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | N/A              | DIR              |  | FR        | -135871875 | NC      | $-393653.43    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Argent Securities Inc.                        | Ameriquest Mortgage Securities Trust                                                                 | CUSIP: 03076MAD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   25547236 | PA      | $7497209.43    | 0.03%             | 2036-10-25      | Floating      | 4.43%                 | No            |                  2 | On Loan: No      |
| SAFEHOLD GL HOLDINGS LLC                      | Safehold GL Holdings LLC                                                                             | CUSIP: 785931AA4<br>LEI: 54930012UY5Z4Q8NL108 | Long             | DBT              | CORP              | US        |    9168000 | PA      | $9658190.87    | 0.03%             | 2034-04-01      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                      | BENCHMARK Mortgage Trust                                                                             | CUSIP: 08162CAJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   57691252 | PA      | $443916.88     | 0.00%             | 2051-10-10      | Variable      | 0.55%                 | No            |                  2 | On Loan: No      |
| CLARION LION PROPERTIES FUND HOLDINGS LP      | Clarion Lion Properties Fund Holdings LP                                                             | CUSIP: N/A<br>LEI: 549300NLARHSRQ6PZZ38       | Long             | DBT              | CORP              | US        |    8000000 | PA      | $8000000.00    | 0.03%             | 2035-12-01      | Fixed         | 5.54%                 | No            |                  3 | On Loan: No      |
| UWM HOLDINGS LLC                              | UWM Holdings LLC                                                                                     | CUSIP: 903522AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3500000 | PA      | $3560491.06    | 0.01%             | 2030-02-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| IMPERIAL BRANDS FIN PLC                       | Imperial Brands Finance plc                                                                          | CUSIP: 45262BAC7<br>LEI: 2138008L3B3MCG1DFS50 | Long             | DBT              | CORP              | GB        |    3200000 | PA      | $3143514.08    | 0.01%             | 2029-07-26      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ALUMINA PTY LTD                               | Alumina Pty Ltd.                                                                                     | CUSIP: 02220AAB3<br>LEI: 2138002VD9MW2WT8HR38 | Long             | DBT              | CORP              | AU        |   10100000 | PA      | $10353863.50   | 0.04%             | 2032-09-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| WAMU Mortgage Pass-Through Cer                | WaMu Mortgage Pass-Through Certificates Series Trust                                                 | CUSIP: 93363TAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     521136 | PA      | $466737.22     | 0.00%             | 2046-09-25      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| AMER AIRLINE 17-2 AA PTT                      | American Airlines Class AA Pass Through Trust                                                        | CUSIP: 02376AAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6978556 | PA      | $6728638.79    | 0.02%             | 2029-10-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3138WBYV1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      90913 | PA      | $91985.53      | 0.00%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LIVE NATION ENTERTAINMEN                      | Live Nation Entertainment, Inc.                                                                      | CUSIP: 538034AV1<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |    4635000 | PA      | $4677877.97    | 0.02%             | 2027-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| STORE Master Funding LLC                      | STORE Master Funding LLC                                                                             | CUSIP: 86190BAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   12528000 | PA      | $10696943.59   | 0.04%             | 2051-06-20      | Fixed         | 2.96%                 | No            |                  2 | On Loan: No      |
| Carlyle Direct Lending CLO LLC                | Carlyle Direct Lending CLO LLC                                                                       | CUSIP: 14310QAQ1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    7500000 | PA      | $7516508.25    | 0.03%             | 2036-07-15      | Floating      | 6.32%                 | No            |                  2 | On Loan: No      |
| HAWK HOLDING COMPANY LLC                      | Alterra Mountain Co.                                                                                 | CUSIP: N/A<br>LEI: 549300C5O4FSVNUEI843       | Long             | LON              | CORP              | US        |    3425000 | PA      | $3427157.75    | 0.01%             | 2030-05-31      | Variable      | 6.66%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                      | Capital One Financial Corp.                                                                          | CUSIP: 14040HDN2<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |   12275000 | PA      | $12139992.92   | 0.04%             | 2036-09-11      | Variable      | 5.20%                 | No            |                  2 | On Loan: No      |
| ARES FINANCE CO II LLC                        | Ares Finance Company II LLC                                                                          | CUSIP: 04015KAB6<br>LEI: 54930012GWL4VKKENG46 | Long             | DBT              | CORP              | US        |   19788000 | PA      | $18690282.66   | 0.06%             | 2030-06-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| GrafTech Finance, Inc.                        | GrafTech Finance, Inc.                                                                               | CUSIP: N/A<br>LEI: N/A                        | Short            | LON              | CORP              | US        |    -559867 | PA      | $-0.01         | -0.00%            | 2029-11-04      | Variable      | 3.75%                 | No            |                  3 | On Loan: No      |
| MB2 DENTAL SOLUTIONS LLC                      | MB2 Dental Solutions LLC                                                                             | CUSIP: N/A<br>LEI: 254900HDV9GEHEZLSQ19       | Long             | LON              | CORP              | US        |    2841667 | PA      | $2798058.94    | 0.01%             | 2031-02-13      | Variable      | 9.66%                 | No            |                  3 | On Loan: No      |
| TENN VAL AUTH CPN STRIP                       | Tennessee Valley Authority                                                                           | CUSIP: 88059E7P3<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |    1612000 | PA      | $269908.44     | 0.00%             | 2058-09-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Capital Automotive Reit                       | CARS-DB4, LP                                                                                         | CUSIP: 12510HAF7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   19837058 | PA      | $18705992.90   | 0.06%             | 2050-02-15      | Fixed         | 3.81%                 | No            |                  2 | On Loan: No      |
| BRITISH AIR 21-1 A PPT                        | British Airways Class A Pass Through Trust                                                           | CUSIP: 11042CAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   12551338 | PA      | $11390677.04   | 0.04%             | 2035-03-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| LONESTAR INTERMEDIATE SUPER HOLDINGS LLC      | Asurion LLC                                                                                          | CUSIP: N/A<br>LEI: 549300KNQVXGIOXWK278       | Long             | LON              | CORP              | US        |   23899400 | PA      | $23798544.53   | 0.08%             | 2030-09-19      | Variable      | 8.41%                 | No            |                  2 | On Loan: No      |
| TENN VAL AUTH CPN STRIP                       | Tennessee Valley Authority                                                                           | CUSIP: 88059GBG3<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |    1020000 | PA      | $122884.50     | 0.00%             | 2064-09-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 67118XAC9<br>LEI: 254900LMIQVUH9BFZJ05 | Long             | ABS-MBS          | CORP              | US        |   12273745 | PA      | $12447213.15   | 0.04%             | 2064-02-25      | Variable      | 6.85%                 | No            |                  2 | On Loan: No      |
| VNOM SUB INC                                  | Vnom Sub, Inc.                                                                                       | CUSIP: 92763MAA3<br>LEI: 5299009LINL232255G03 | Long             | DBT              | CORP              | US        |    9040000 | PA      | $9041582.00    | 0.03%             | 2027-11-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BLUE OWL GP STAKES IV                         | Blue Owl IV                                                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |    5760000 | PA      | $5760000.00    | 0.02%             | 2045-09-04      | Fixed         | 5.94%                 | No            |                  3 | On Loan: No      |
| CLIFFWATER LLC                                | Cliffwater LLC                                                                                       | CUSIP: N/A<br>LEI: N/A                        | Short            | LON              | CORP              | US        |   -1874863 | PA      | $-0.02         | -0.00%            | 2032-03-19      | Variable      | 0.50%                 | No            |                  3 | On Loan: No      |
| Blue Stream Issuer, LLC                       | Blue Stream Issuer LLC                                                                               | CUSIP: 09606BAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    6625000 | PA      | $6668326.18    | 0.02%             | 2053-05-20      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                                  | ING Groep N.V.                                                                                       | CUSIP: 456837BQ5<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    3360000 | PA      | $3404539.38    | 0.01%             | 2029-03-25      | Variable      | 4.86%                 | No            |                  2 | On Loan: No      |
| PRIME SECSRVC BRW/FINANC                      | Prime Security Services Borrower LLC / Prime Finance, Inc.                                           | CUSIP: 74166MAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3858000 | PA      | $3873798.51    | 0.01%             | 2026-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| UNITED STATES OF AMERICA                      | Ginnie Mae                                                                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-MBS          | USGA              | US        |  269350000 | PA      | $271208245.65  | 0.92%             | 2025-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Mill City Mortgage Trust                      | Mill City Securities Ltd.                                                                            | CUSIP: 59982DAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   22013344 | PA      | $20747576.81   | 0.07%             | 2069-08-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| BNP Paribas                                   | 6-Month/5-Year Interest Rate Swap                                                                    | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | N/A              | DIR              |  | FR        | -135871875 | NC      | $-183943.34    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SOUTHERN CO                                   | Southern Co.                                                                                         | CUSIP: 842587DJ3<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |    3863000 | PA      | $3811484.58    | 0.01%             | 2051-09-15      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| GCAT                                          | GCAT Trust                                                                                           | CUSIP: 36171MAD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   11505227 | PA      | $11591751.78   | 0.04%             | 2070-05-25      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| TSY INFL IX N/B                               | United States Treasury Inflation Indexed Bonds                                                       | CUSIP: 91282CML2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  614646005 | PA      | $632745013.04  | 2.15%             | 2035-01-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| Hotwire Funding LLC                           | Hotwire Funding LLC                                                                                  | CUSIP: 44148JAB5<br>LEI: 254900ZCO90MCT7Y9348 | Long             | ABS-O            | CORP              | US        |    4025000 | PA      | $3914303.65    | 0.01%             | 2051-11-20      | Fixed         | 2.66%                 | No            |                  2 | On Loan: No      |
| GCAT                                          | GCAT Trust                                                                                           | CUSIP: 36170HAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1698941 | PA      | $1696687.93    | 0.01%             | 2067-08-25      | Variable      | 5.73%                 | No            |                  2 | On Loan: No      |
| Fortress Credit Opportunities                 | Fortress Credit Opportunities XXV CLO LLC                                                            | CUSIP: 34966QAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    7200000 | PA      | $7241464.08    | 0.02%             | 2037-01-15      | Floating      | 6.07%                 | No            |                  2 | On Loan: No      |
| Station Place Securitization T                | Station Place Securitization Trust                                                                   | CUSIP: 857942AA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   50500000 | PA      | $50500000.00   | 0.17%             | 2026-07-12      | Floating      | 5.87%                 | No            |                  3 | On Loan: No      |
| BARCLAYS BANK PLC                             | 6-Month/5-Year Interest Rate Swap                                                                    | CUSIP: N/A<br>LEI: G5GSEF7VJP5I7OUK5573       | N/A              | DIR              |  | GB        | -135871875 | NC      | $-437492.49    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SUNOCO LP                                     | Sunoco, LP                                                                                           | CUSIP: 86765KAC3<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |   17125000 | PA      | $17972362.13   | 0.06%             | 2032-05-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| STORE Master Funding LLC                      | STORE Master Funding I-VII                                                                           | CUSIP: 86212VAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   10341534 | PA      | $10197864.59   | 0.03%             | 2046-10-20      | Fixed         | 4.32%                 | No            |                  2 | On Loan: No      |
| HIGGINBOTHAM INSURANCE AGENCY INC             | Higginbotham Insurance Agency, Inc.                                                                  | CUSIP: N/A<br>LEI: 549300IY2QEM8MQC2K06       | Long             | LON              | CORP              | US        |   49348160 | PA      | $49052993.59   | 0.17%             | 2028-11-24      | Variable      | 8.67%                 | No            |                  3 | On Loan: No      |
| GRAFTECH GLOBAL ENTERPRI                      | GrafTech Global Enterprises, Inc.                                                                    | CUSIP: 38431AAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3100000 | PA      | $2642750.00    | 0.01%             | 2029-12-23      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| MEDLINE INDUSTRIES INC                        | Medline Borrower LP                                                                                  | CUSIP: N/A<br>LEI: 254900QT3R363TVK6F09       | Long             | LON              | CORP              | US        |     868625 | PA      | $868086.45     | 0.00%             | 2030-10-23      | Variable      | 6.16%                 | No            |                  2 | On Loan: No      |
| Mill City Mortgage Trust                      | Mill City Securities Ltd.                                                                            | CUSIP: 599920AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   32022563 | PA      | $29901068.17   | 0.10%             | 2069-11-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Cerberus                                      | Cerberus Loan Funding XXXVIII, LP                                                                    | CUSIP: 15674XAA8<br>LEI: 6354009FMFQEKUGULT95 | Long             | ABS-O            | CORP              | US        |   16570000 | PA      | $16853653.55   | 0.06%             | 2034-10-15      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY PARTNERS                      | Cheniere Energy Partners, LP                                                                         | CUSIP: 16411QAQ4<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |    8845000 | PA      | $9363295.42    | 0.03%             | 2033-06-30      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| BLUE OWL GP STAKES III                        | Dyal Capital Partners III                                                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |   16988076 | PA      | $16117415.99   | 0.05%             | 2040-06-15      | Fixed         | 4.40%                 | No            |                  3 | On Loan: No      |
| BRAVO Residential Funding Trus                | BRAVO Residential Funding Trust                                                                      | CUSIP: 10569MAD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    8669779 | PA      | $8736543.19    | 0.03%             | 2064-12-25      | Variable      | 5.81%                 | No            |                  2 | On Loan: No      |
| SMITHFIELD FOODS INC                          | Smithfield Foods, Inc.                                                                               | CUSIP: 832248BD9<br>LEI: CVTIPZRZJC0JQEZLL598 | Long             | DBT              | CORP              | US        |   45782000 | PA      | $40103402.16   | 0.14%             | 2031-09-13      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| SUBWAY FUNDING LLC                            | Subway Funding LLC                                                                                   | CUSIP: 864300AE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   28335875 | PA      | $29577768.40   | 0.10%             | 2054-07-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GREENSAIF PIPELINES BIDC                      | Greensaif Pipelines Bidco SARL                                                                       | CUSIP: 39541EAD5<br>LEI: 549300YWDGUXPB8GRP47 | Long             | DBT              | CORP              | LU        |   11900000 | PA      | $12477755.71   | 0.04%             | 2036-02-23      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| MN8 ENERGY INC                                | MN8 Portfolio IV LLC                                                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |   32700000 | PA      | $33121848.64   | 0.11%             | 2045-07-30      | Fixed         | 6.31%                 | No            |                  3 | On Loan: No      |
| Golub Capital Partners CLO Ltd                | Golub Capital Partners Clo 49M Ltd.                                                                  | CUSIP: 38181HAG8<br>LEI: 254900NUVOJAHAT10W61 | Long             | ABS-O            | CORP              | KY        |   15000000 | PA      | $14948014.50   | 0.05%             | 2038-07-20      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| BUCKEYE PARTNERS LP                           | Buckeye Partners, LP                                                                                 | CUSIP: 118230AV3<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |    2518000 | PA      | $2609584.70    | 0.01%             | 2029-07-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| NEVADA POWER CO                               | Nevada Power Co.                                                                                     | CUSIP: 641423BP2<br>LEI: MJZFGXRJ52U8U4MKJ519 | Long             | DBT              | CORP              | US        |    1180000 | PA      | $1323849.94    | 0.00%             | 2036-04-01      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| CLARIOS INTERNATIONAL INC                     | Clarios Global, LP                                                                                   | CUSIP: N/A<br>LEI: 549300474L1ZLXZY2P98       | Long             | LON              | CORP              | CA        |    2850870 | PA      | $3355663.62    | 0.01%             | 2031-07-16      | Variable      | 4.91%                 | No            |                  2 | On Loan: No      |
| Owl Rock CLO Ltd                              | Owl Rock CLO I LLC                                                                                   | CUSIP: 69121XAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   14400000 | PA      | $14447963.52   | 0.05%             | 2036-02-20      | Floating      | 6.60%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                      | Angel Oak Mortgage Trust                                                                             | CUSIP: 03465GAA4<br>LEI: 254900IWOX9Q54UE4072 | Long             | ABS-MBS          | CORP              | US        |   11773952 | PA      | $11732082.34   | 0.04%             | 2067-10-25      | Variable      | 4.65%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Inc                    | Morgan Stanley ABS Capital I Incorporated Trust                                                      | CUSIP: 61748BAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4749374 | PA      | $2365492.68    | 0.01%             | 2036-06-25      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| GCAT                                          | GCAT Trust                                                                                           | CUSIP: 36169GAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   13128599 | PA      | $13304254.78   | 0.05%             | 2068-08-25      | Variable      | 6.89%                 | No            |                  2 | On Loan: No      |
| Soundview Home Equity Loan Tru                | Soundview Home Loan Trust                                                                            | CUSIP: 83612CAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   15859279 | PA      | $15467817.68   | 0.05%             | 2036-07-25      | Floating      | 4.55%                 | No            |                  2 | On Loan: No      |
| BX Trust                                      | BX Commercial Mortgage Trust                                                                         | CUSIP: 12433CAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   14838694 | PA      | $14866516.68   | 0.05%             | 2039-08-15      | Floating      | 5.84%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                       | MPLX, LP                                                                                             | CUSIP: 55336VCC2<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |   24150000 | PA      | $24202461.77   | 0.08%             | 2035-09-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY PARTNERS                      | Cheniere Energy Partners, LP                                                                         | CUSIP: 16411QAS0<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |    2950000 | PA      | $3066788.79    | 0.01%             | 2034-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                   | Freddie Mac                                                                                          | CUSIP: 3142GSFG8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  111973057 | PA      | $115850917.75  | 0.39%             | 2054-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SAFEHOLD GL HOLDINGS LLC                      | Safehold GL Holdings LLC                                                                             | CUSIP: 78646UAA7<br>LEI: 54930012UY5Z4Q8NL108 | Long             | DBT              | CORP              | US        |   27977000 | PA      | $25615466.75   | 0.09%             | 2031-06-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC                        | Match Group Holdings II LLC                                                                          | CUSIP: 57665RAL0<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |    1250000 | PA      | $1180615.75    | 0.00%             | 2030-08-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| TEAMSYSTEM SPA                                | TeamSystem SpA                                                                                       | CUSIP: N/A<br>LEI: 81560062081DF3AB7A90       | Long             | DBT              | CORP              | IT        |    5700000 | PA      | $6700687.34    | 0.02%             | 2032-07-01      | Variable      | 5.19%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX 2025-NQM13 Trust                                                                                 | CUSIP: 67121UAB2<br>LEI: 254900FPAGVH6E25VL74 | Long             | ABS-MBS          | CORP              | US        |    6123972 | PA      | $6171573.25    | 0.02%             | 2065-05-25      | Variable      | 5.61%                 | No            |                  2 | On Loan: No      |
| Guggenheim Partners Investment Management LLC | Guggenheim Limited Duration Fund - Class R6                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | RF                | US        |    5570079 | NS      | $137525245.94  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| New Residential Mortgage Loan                 | New Residential Mortgage Loan Trust                                                                  | CUSIP: 64832BAD7<br>LEI: 213800Z6O4V4V96AU133 | Long             | ABS-MBS          | CORP              | US        |   20892495 | PA      | $20934762.63   | 0.07%             | 2064-09-25      | Variable      | 5.37%                 | No            |                  2 | On Loan: No      |
| FEDERAL FARM CREDIT BANK                      | Federal Farm Credit Bank                                                                             | CUSIP: 3133EMTM4<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGSE             | US        |     350000 | PA      | $256470.90     | 0.00%             | 2041-03-15      | Fixed         | 2.58%                 | No            |                  2 | On Loan: No      |
| HENNEMAN TRUST                                | Henneman Trust                                                                                       | CUSIP: 425911AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   18650000 | PA      | $19890681.74   | 0.07%             | 2055-05-15      | Fixed         | 6.58%                 | No            |                  2 | On Loan: No      |
| Brant Point CLO Ltd                           | Brant Point CLO Ltd.                                                                                 | CUSIP: 10548BAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   13914000 | PA      | $11734622.35   | 0.04%             | 2038-03-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| American Home Mortgage Assets                 | American Home Mortgage Assets Trust                                                                  | CUSIP: 02660LAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6078323 | PA      | $3024439.70    | 0.01%             | 2046-10-25      | Floating      | 4.46%                 | No            |                  2 | On Loan: No      |
| Navigator Aviation Ltd                        | Navigator Aviation Ltd.                                                                              | CUSIP: 63943DAA7<br>LEI: 984500UF8C3O89B30652 | Long             | ABS-O            | CORP              | KY        |   45069938 | PA      | $45101744.01   | 0.15%             | 2049-08-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Owl Rock CLO Ltd                              | OWL Rock Clo XXII LLC                                                                                | CUSIP: 69121AAC0<br>LEI: 254900R8KCHZBP66MP06 | Long             | ABS-O            | CORP              | US        |   25550000 | PA      | $25463009.92   | 0.09%             | 2037-10-20      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| TPG OPERATING GROUP II                        | TPG Operating Group II, LP                                                                           | CUSIP: 872652AA0<br>LEI: 2549001H9RJQNZT7MU11 | Long             | DBT              | CORP              | US        |   34270000 | PA      | $36147886.34   | 0.12%             | 2034-03-05      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Ellington Financial Mortgage T                | EFMT 2025-CES4                                                                                       | CUSIP: 267954AA3<br>LEI: 254900UDLJF220C8I638 | Long             | ABS-MBS          | CORP              | US        |   41940736 | PA      | $42260488.45   | 0.14%             | 2060-06-25      | Variable      | 5.43%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust                 | UBS Commercial Mortgage Trust                                                                        | CUSIP: 90276TAH7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   31143508 | PA      | $501164.44     | 0.00%             | 2050-11-15      | Variable      | 1.24%                 | No            |                  2 | On Loan: No      |
| QUALITYTECH LP                                | QTS Good News Facility                                                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |   29296238 | PA      | $29296238.28   | 0.10%             | 2028-10-09      | Variable      | 7.34%                 | No            |                  3 | On Loan: No      |
| JP Morgan Mortgage Acquisition                | JP Morgan Mortgage Acquisition Trust                                                                 | CUSIP: 46630BAD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   11646593 | PA      | $6084458.37    | 0.02%             | 2036-12-25      | Floating      | 4.51%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                            | Energy Transfer, LP                                                                                  | CUSIP: 29273VBF6<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    8750000 | PA      | $8802558.45    | 0.03%             | 2055-04-01      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| BRITISH TELECOMMUNICATIO                      | British Telecommunications plc                                                                       | CUSIP: 11102AAF8<br>LEI: 549300OWFMSO9NYV4H90 | Long             | DBT              | CORP              | GB        |    8250000 | PA      | $8175683.18    | 0.03%             | 2081-11-23      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| Lehman XS Trust                               | Lehman XS Trust Series                                                                               | CUSIP: 52524VAG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     929027 | PA      | $911530.09     | 0.00%             | 2037-08-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust                        | Sequoia Mortgage Trust                                                                               | CUSIP: 81743GAE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7313351 | PA      | $7352002.43    | 0.02%             | 2055-06-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE COLORADO                       | Public Service Company of Colorado                                                                   | CUSIP: 744448DC2<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |    3460000 | PA      | $3504278.07    | 0.01%             | 2035-09-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                   | Freddie Mac                                                                                          | CUSIP: 3142GUTJ2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   41114667 | PA      | $41532462.73   | 0.14%             | 2055-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Owl Rock CLO Ltd                              | Owl Rock CLO III Ltd.                                                                                | CUSIP: 69120DAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   13500000 | PA      | $13471185.60   | 0.05%             | 2036-04-20      | Floating      | 6.68%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Military Housing B                | Freddie Mac Military Housing Bonds Resecuritization Trust Certificates                               | CUSIP: 35563CAJ7<br>LEI: 549300ZG8WH0M4JSUM77 | Long             | ABS-MBS          | USGSE             | US        |    2481873 | PA      | $2090052.11    | 0.01%             | 2052-10-25      | Variable      | 4.30%                 | No            |                  2 | On Loan: No      |
| FLOWSERVE CORPORATION                         | Flowserve Corp.                                                                                      | CUSIP: 34355JAB4<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | DBT              | CORP              | US        |   20400000 | PA      | $18061089.61   | 0.06%             | 2032-01-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Cross Mortgage Trust                          | Cross 2025-H6 Mortgage Trust                                                                         | CUSIP: 22758TAD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   14065670 | PA      | $14112891.44   | 0.05%             | 2070-07-25      | Variable      | 5.54%                 | No            |                  2 | On Loan: No      |
| BDS Ltd                                       | BDS LLC                                                                                              | CUSIP: 05555MAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4000000 | PA      | $4001077.20    | 0.01%             | 2039-09-19      | Floating      | 6.12%                 | No            |                  2 | On Loan: No      |
| Capital Automotive Reit                       | Capital Automotive REIT                                                                              | CUSIP: 12510HAV2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3313333 | PA      | $3309845.72    | 0.01%             | 2054-05-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| DOGWOOD TERM LOANS                            | Dogwood State Bank                                                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-O            | CORP              | US        |  106598766 | PA      | $107209597.29  | 0.36%             | 2032-06-24      | Fixed         | 6.45%                 | No            |                  3 | On Loan: No      |
| UNIFORM MBS                                   | Uniform MBS 30 Year                                                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-MBS          | CORP              | US        | 2230990000 | PA      | $1959518674.82 | 6.64%             | 2025-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AS MILEAGE PLAN IP LTD                        | AS Mileage Plan IP Ltd.                                                                              | CUSIP: 00218QAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    9670000 | PA      | $9675051.99    | 0.03%             | 2029-10-20      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| GREENSAIF PIPELINES BIDC                      | Greensaif Pipelines Bidco SARL                                                                       | CUSIP: 39541EAA1<br>LEI: 549300YWDGUXPB8GRP47 | Long             | DBT              | CORP              | LU        |    5550000 | PA      | $5908172.80    | 0.02%             | 2038-02-23      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Structured Asset Securities Co                | Structured Asset Securities Corporation Mortgage Loan Trust                                          | CUSIP: 86365DAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   11321379 | PA      | $11011842.35   | 0.04%             | 2037-11-25      | Floating      | 4.90%                 | No            |                  2 | On Loan: No      |
| JACKSON FINANCIAL INC                         | Jackson Financial, Inc.                                                                              | CUSIP: 46817MAN7<br>LEI: 213800WXW2KG1N4CO374 | Long             | DBT              | CORP              | US        |    4710000 | PA      | $3398031.29    | 0.01%             | 2051-11-23      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140LDLZ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     120747 | PA      | $94098.21      | 0.00%             | 2039-09-01      | Fixed         | 2.34%                 | No            |                  2 | On Loan: No      |
| OMNIS FUNDING TRUST                           | Omnis Funding Trust                                                                                  | CUSIP: 68218WAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   22640000 | PA      | $24420589.13   | 0.08%             | 2055-05-15      | Fixed         | 6.72%                 | No            |                  2 | On Loan: No      |
| NIPPON LIFE INSURANCE                         | Nippon Life Insurance Co.                                                                            | CUSIP: 654579AN1<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |   13950000 | PA      | $14551165.49   | 0.05%             | 2054-04-16      | Variable      | 5.95%                 | No            |                  2 | On Loan: No      |
| Legacy Mortgage Asset Trust                   | Legacy Mortgage Asset Trust                                                                          | CUSIP: 52476DAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   29103654 | PA      | $29080961.98   | 0.10%             | 2061-04-25      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| PROV ST JOSEPH HLTH OBL                       | Providence St. Joseph Health Obligated Group                                                         | CUSIP: 743820AB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4250000 | PA      | $2531822.88    | 0.01%             | 2051-10-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| TENN VAL AUTH CPN STRIP                       | Tennessee Valley Authority                                                                           | CUSIP: 88059E7Q1<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |    1612000 | PA      | $262688.30     | 0.00%             | 2059-03-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Residential Mor                | Morgan Stanley Residential Mortgage Loan Trust                                                       | CUSIP: 61778LAD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    9493226 | PA      | $9560258.09    | 0.03%             | 2070-05-25      | Variable      | 5.76%                 | No            |                  2 | On Loan: No      |
| HANGER INC                                    | Hanger, Inc.                                                                                         | CUSIP: N/A<br>LEI: 254900ZJJJYVLHJXSZ60       | Long             | LON              | CORP              | US        |    8903446 | PA      | $8916801.23    | 0.03%             | 2031-10-23      | Variable      | 7.66%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140LD3D9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     573712 | PA      | $455849.20     | 0.00%             | 2039-05-01      | Fixed         | 2.56%                 | No            |                  2 | On Loan: No      |
| Owl Rock CLO Ltd                              | Owl Rock CLO XVI LLC                                                                                 | CUSIP: 69120YAC9<br>LEI: 254900BHMAVJ8X5TCA77 | Long             | ABS-O            | CORP              | US        |    9550000 | PA      | $9597197.06    | 0.03%             | 2036-04-20      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| STRIPS                                        | U.S. Treasury Bonds                                                                                  | CUSIP: 912834PB8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   75000000 | PA      | $29235243.75   | 0.10%             | 2044-11-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ALCOA NEDERLAND HOLDING                       | Alcoa Nederland Holding B.V.                                                                         | CUSIP: 013822AC5<br>LEI: 5493000UL1QLQLT1VQ42 | Long             | DBT              | CORP              | NL        |    2800000 | PA      | $2807000.00    | 0.01%             | 2028-05-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 67119FAB9<br>LEI: 254900FVMB3WTXJGGR91 | Long             | ABS-MBS          | CORP              | US        |    4770848 | PA      | $4831168.32    | 0.02%             | 2064-03-25      | Variable      | 6.45%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                                  | ING Groep N.V.                                                                                       | CUSIP: 456837BS1<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    1150000 | PA      | $1192987.55    | 0.00%             | 2036-03-25      | Variable      | 5.53%                 | No            |                  2 | On Loan: No      |
| Alliance Bancorp Trust                        | Alliance Bancorp Trust                                                                               | CUSIP: 01852TAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     442552 | PA      | $388357.35     | 0.00%             | 2037-07-25      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| Newstar Fairfield Fund CLO LTD                | NewStar Fairfield Fund CLO Ltd.                                                                      | CUSIP: 65252BAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |     541465 | PA      | $542563.08     | 0.00%             | 2030-04-20      | Floating      | 5.86%                 | No            |                  2 | On Loan: No      |
| PACKAGING HOLDINGS LTD                        | Reynolds Consumer Products LLC                                                                       | CUSIP: N/A<br>LEI: 549300DWNZYMOSR1X343       | Long             | LON              | CORP              | US        |    8454221 | PA      | $8466902.42    | 0.03%             | 2032-03-04      | Variable      | 5.91%                 | No            |                  2 | On Loan: No      |
| DELOITTE LLP (US)                             | Deloitte LLP                                                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |    4800000 | PA      | $4919801.81    | 0.02%             | 2026-11-20      | Fixed         | 7.33%                 | No            |                  3 | On Loan: No      |
| BRAVO Residential Funding Trus                | BRAVO Residential Funding Trust                                                                      | CUSIP: 10569NAE1<br>LEI: 254900TZWRKTBX2YNW23 | Long             | ABS-MBS          | CORP              | US        |    9850156 | PA      | $9910534.29    | 0.03%             | 2064-11-25      | Variable      | 5.93%                 | No            |                  2 | On Loan: No      |
| ASPEN INSURANCE HLDG LTD                      | Aspen Insurance Holdings Ltd.                                                                        | CUSIP: 04530DAE2<br>LEI: 549300YX6HECG9XQCQ75 | Long             | DBT              | CORP              | BM        |    3764000 | PA      | $3939522.70    | 0.01%             | 2030-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Serenity-Peace Park CLO LTD                   | Serenity-Peace Park Clo Ltd.                                                                         | CUSIP: 81750HAC8<br>LEI: 3912001A818O0ZP8HP89 | Long             | ABS-O            | CORP              | KY        |   12500000 | PA      | $10367500.00   | 0.04%             | 2038-10-24      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FIGRE Trust                                   | FIGRE Trust 2025-PF2                                                                                 | CUSIP: 316918AA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   27150000 | PA      | $27124424.70   | 0.09%             | 2055-10-25      | Variable      | 5.02%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                              | Societe Generale S.A.                                                                                | CUSIP: 83368RBX9<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |    8750000 | PA      | $9193266.34    | 0.03%             | 2035-01-19      | Variable      | 6.07%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                      | Hilton Domestic Operating Company, Inc.                                                              | CUSIP: 432833AQ4<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |   10015000 | PA      | $10295730.47   | 0.03%             | 2032-04-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / FIN II                       | GLP Capital Limited Partnership / GLP Financing II, Inc.                                             | CUSIP: 361841AW9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6575000 | PA      | $6529320.85    | 0.02%             | 2037-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BofA Securities, Inc.                         | U.S. Secured Overnight Financing Rate                                                                | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | N/A              | DIR              |  | US        |  214640000 | OU      | $14134222.15   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| PMH NEWCO LP                                  | Project Onyx                                                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-O            | CORP              | US        |   19837936 | PA      | $19764991.94   | 0.07%             | 2030-06-26      | Variable      | 6.89%                 | No            |                  3 | On Loan: No      |
| TRANSDIGM INC                                 | TransDigm, Inc.                                                                                      | CUSIP: 893647BW6<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   15218000 | PA      | $15386661.09   | 0.05%             | 2033-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                              | Societe Generale S.A.                                                                                | CUSIP: 83368RCH3<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |    1790000 | PA      | $1820167.57    | 0.01%             | 2029-05-22      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| IXIS Real Estate Capital Trust                | IXIS Real Estate Capital Trust                                                                       | CUSIP: 45073DAD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5817446 | PA      | $1180630.86    | 0.00%             | 2037-05-25      | Floating      | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140LBL35<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     824395 | PA      | $609903.05     | 0.00%             | 2051-03-01      | Fixed         | 2.34%                 | No            |                  2 | On Loan: No      |
| Cerberus                                      | Cerberus Loan Funding XLVI, LP                                                                       | CUSIP: 15675BAB3<br>LEI: 635400QFSCXQUKSANU86 | Long             | ABS-O            | CORP              | US        |    5900000 | PA      | $5887895.56    | 0.02%             | 2036-07-15      | Floating      | 6.62%                 | No            |                  2 | On Loan: No      |
| GCAT                                          | GCAT Trust                                                                                           | CUSIP: 36171HAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   20677722 | PA      | $20902809.19   | 0.07%             | 2070-04-25      | Variable      | 6.01%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                    | Verus Securitization Trust                                                                           | CUSIP: 92539DAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2381426 | PA      | $2387322.48    | 0.01%             | 2068-03-25      | Variable      | 6.85%                 | No            |                  2 | On Loan: No      |
| BSPRT Issuer, Ltd.                            | BSPRT Issuer LLC                                                                                     | CUSIP: 05613RAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    8900000 | PA      | $8904359.22    | 0.03%             | 2039-07-15      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| FIRST REPUBLIC BANK                           | First Republic Bank                                                                                  | CUSIP: 33616C746<br>LEI: YWC0TIKBQM2JV8L4IV08 | Long             | EP               | CORP              | US        |    2368525 | NS      | $236.85        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HUNT COS INC                                  | Hunt Companies, Inc.                                                                                 | CUSIP: 445587AE8<br>LEI: 549300ODPWDNCH5TKM49 | Long             | DBT              | CORP              | US        |   25121000 | PA      | $24491595.86   | 0.08%             | 2029-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TX CULTURAL EDU F                | Tarrant County Cultural Education Facilities Finance Corp. Revenue Bonds                             | CUSIP: 87638QRJ0<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |    2500000 | PA      | $1805984.75    | 0.01%             | 2050-09-01      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                  | CSMC Trust                                                                                           | CUSIP: 12662GAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   51414259 | PA      | $51205722.79   | 0.17%             | 2060-12-27      | Variable      | 4.14%                 | No            |                  2 | On Loan: No      |
| Structured Asset Investment Lo                | Structured Asset Investment Loan Trust                                                               | CUSIP: 863587AE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      77112 | PA      | $75949.84      | 0.00%             | 2036-06-25      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| FIGRE Trust                                   | FIGRE Trust                                                                                          | CUSIP: 31684FAB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7215526 | PA      | $7288021.43    | 0.02%             | 2054-10-25      | Variable      | 5.59%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3136BWB21<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   71513366 | PA      | $71597108.50   | 0.24%             | 2051-10-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL FARM CREDIT BANK                      | Federal Farm Credit Bank                                                                             | CUSIP: 3133EKBQ8<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGSE             | US        |      70000 | PA      | $58382.03      | 0.00%             | 2044-02-26      | Fixed         | 3.67%                 | No            |                  2 | On Loan: No      |
| Recette CLO LLC                               | Recette CLO Ltd.                                                                                     | CUSIP: 75620TAY4<br>LEI: 549300392I5L5XOJ0016 | Long             | ABS-O            | CORP              | KY        |    9200000 | PA      | $9213581.96    | 0.03%             | 2034-04-20      | Floating      | 6.34%                 | No            |                  2 | On Loan: No      |
| Bank                                          | BANK                                                                                                 | CUSIP: 06539WBD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  140000000 | PA      | $2489144.00    | 0.01%             | 2063-01-15      | Variable      | 0.53%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                 | TransDigm, Inc.                                                                                      | CUSIP: 893647BV8<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    2336000 | PA      | $2405017.12    | 0.01%             | 2032-03-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 67118LAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1672270 | PA      | $1667559.68    | 0.01%             | 2062-09-25      | Variable      | 6.45%                 | No            |                  2 | On Loan: No      |
| ENTERGY MISSISSIPPI LLC                       | Entergy Mississippi LLC                                                                              | CUSIP: 29366WAA4<br>LEI: 54930043I78H35DVVW89 | Long             | DBT              | CORP              | US        |    4410000 | PA      | $3406900.70    | 0.01%             | 2049-06-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| AMWINS GROUP INC                              | Amwins Group, Inc.                                                                                   | CUSIP: N/A<br>LEI: 549300SJE7MUB8NMRG61       | Long             | LON              | CORP              | US        |    7245250 | PA      | $7240468.14    | 0.02%             | 2032-01-30      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140HWED0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     597605 | PA      | $512510.80     | 0.00%             | 2042-09-01      | Fixed         | 3.18%                 | No            |                  2 | On Loan: No      |
| ALLIANZ SE                                    | Allianz SE                                                                                           | CUSIP: 018820AE0<br>LEI: 529900K9B0N5BT694847 | Long             | DBT              | CORP              | DE        |   36800000 | PA      | $37992320.00   | 0.13%             | N/A             | Variable      | 6.55%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                    | Verus Securitization Trust                                                                           | CUSIP: 92540XAB7<br>LEI: 213800Z7TIVJRAYLRV98 | Long             | ABS-MBS          | CORP              | US        |    5089001 | PA      | $5119014.11    | 0.02%             | 2070-06-25      | Variable      | 5.58%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3138WHF49<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      11302 | PA      | $10569.33      | 0.00%             | 2046-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140HYCH9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     543412 | PA      | $423015.91     | 0.00%             | 2048-02-01      | Fixed         | 2.51%                 | No            |                  2 | On Loan: No      |
| SOFTBANK CORP                                 | SoftBank Corp.                                                                                       | CUSIP: 83405KAB8<br>LEI: 353800M1YCTS9JRBJ535 | Long             | DBT              | CORP              | JP        |   31550000 | PA      | $31811642.57   | 0.11%             | 2035-07-09      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| LUX NEWCO                                     | Froneri US, Inc.                                                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   23596425 | PA      | $23404822.03   | 0.08%             | 2031-09-30      | Variable      | 6.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140XLLJ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   73057034 | PA      | $72749819.37   | 0.25%             | 2053-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Automotive Reit                       | CARS-DB4, LP                                                                                         | CUSIP: 12510HAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3361961 | PA      | $3121074.16    | 0.01%             | 2050-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Sonic Capital LLC                             | Sonic Capital LLC                                                                                    | CUSIP: 83546DAN8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    9882240 | PA      | $9134207.80    | 0.03%             | 2051-08-20      | Fixed         | 2.19%                 | No            |                  2 | On Loan: No      |
| Pershing Square Tontine Holdings, Ltd.        | Pershing Square Tontine Holdings, Ltd.                                                               | CUSIP: N/A<br>LEI: 549300ZDVEYEVCF35B08       | N/A              | DE               |  | US        |    1035008 | NS      | $103.50        | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Carlyle Global Market Strategi                | Carlyle US CLO Ltd.                                                                                  | CUSIP: 142919AC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   15000000 | PA      | $13374000.00   | 0.05%             | 2037-10-25      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| HINDALCO INDUSTRIES LTD                       | Novelis Holdings, Inc.                                                                               | CUSIP: N/A<br>LEI: 549300ZJQN1PEAT42X90       | Long             | LON              | CORP              | US        |    8379000 | PA      | $8391317.13    | 0.03%             | 2032-03-11      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| Boyce Park CLO, LLC                           | Boyce Park CLO Ltd.                                                                                  | CUSIP: 103228AE2<br>LEI: 54930028S3PFXX4SMQ72 | Long             | ABS-O            | CORP              | JE        |    8800000 | PA      | $8797977.76    | 0.03%             | 2035-04-21      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| DYAL CAPITAL PARTNERS IV LP                   | Dyal Capital Partners IV                                                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |   14630000 | PA      | $13260908.95   | 0.04%             | 2041-02-22      | Fixed         | 3.65%                 | No            |                  3 | On Loan: No      |
| BANK OF AMERICA CORP                          | Bank of America Corp.                                                                                | CUSIP: 06055HAH6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |   20560000 | NS      | $21392453.84   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140QSAM3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  111164937 | PA      | $110743778.51  | 0.38%             | 2053-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 67119DAC2<br>LEI: 2549004KB8X0K1PPTU08 | Long             | ABS-MBS          | CORP              | US        |    9273286 | PA      | $9372561.61    | 0.03%             | 2064-01-25      | Variable      | 6.43%                 | No            |                  2 | On Loan: No      |
| VB-S1 Issuer LLC                              | VB-S1 Issuer LLC - VBTEL                                                                             | CUSIP: 91823ABC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   28950000 | PA      | $29120880.27   | 0.10%             | 2054-05-15      | Fixed         | 5.59%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC                        | Level 3 Financing, Inc.                                                                              | CUSIP: N/A<br>LEI: 254900AE5FEFIJOXWL19       | Long             | LON              | CORP              | US        |    5680000 | PA      | $5680000.00    | 0.02%             | 2032-03-29      | Variable      | 8.42%                 | No            |                  2 | On Loan: No      |
| TENN VAL AUTH CPN STRIP                       | Tennessee Valley Authority                                                                           | CUSIP: 88059GBH1<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |    1020000 | PA      | $119132.94     | 0.00%             | 2065-03-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140HUB70<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     182538 | PA      | $163611.18     | 0.00%             | 2049-06-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| TENN VAL AUTH CPN STRIP                       | Tennessee Valley Authority                                                                           | CUSIP: 88059E7M0<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |    1612000 | PA      | $285836.62     | 0.00%             | 2057-09-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| KREF 2021-FL2 Ltd                             | KREF Ltd.                                                                                            | CUSIP: 48275RAC1<br>LEI: 54930083ELM2GCMVTQ91 | Long             | ABS-O            | CORP              | KY        |   19300000 | PA      | $19194002.47   | 0.07%             | 2039-02-15      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| FEDERAL FARM CREDIT BANK                      | Federal Farm Credit Bank                                                                             | CUSIP: 3133EK4T0<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGSE             | US        |     144000 | PA      | $111811.54     | 0.00%             | 2039-11-01      | Fixed         | 2.74%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK                        | Canadian Imperial Bank of Commerce                                                                   | CUSIP: 13607QFE7<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    3480000 | PA      | $3491432.11    | 0.01%             | 2031-09-08      | Variable      | 4.58%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley ReRemic Trust                  | Morgan Stanley Re-REMIC Trust                                                                        | CUSIP: 61759HBA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      79214 | PA      | $76805.63      | 0.00%             | 2036-06-26      | Variable      | 2.86%                 | No            |                  2 | On Loan: No      |
| BMP Trust                                     | BMP Trust                                                                                            | CUSIP: 05593JAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4900000 | PA      | $4910718.75    | 0.02%             | 2041-06-15      | Floating      | 5.79%                 | No            |                  2 | On Loan: No      |
| LGENERGYSOLUTION                              | LG Energy Solution Ltd.                                                                              | CUSIP: 50205MAF6<br>LEI: 988400QX6P286XA6ZS85 | Long             | DBT              | CORP              | KR        |    5400000 | PA      | $5500776.85    | 0.02%             | 2028-04-02      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BNP Paribas                                   | 9-Month/5-Year Interest Rate Swap                                                                    | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | N/A              | DIR              |  | FR        |  440817500 | NC      | $5563315.22    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| ORACLE CORP                                   | Oracle Corp.                                                                                         | CUSIP: 68389XDB8<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    3460000 | PA      | $3473516.84    | 0.01%             | 2055-08-03      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                              | COLT Mortgage Loan Trust                                                                             | CUSIP: 12665LAB0<br>LEI: 213800Z2Q6LED8DB8K38 | Long             | ABS-MBS          | CORP              | US        |    3402027 | PA      | $3432680.75    | 0.01%             | 2069-04-25      | Variable      | 6.33%                 | No            |                  2 | On Loan: No      |
| KNIFE RIVER CORP                              | Knife River Corp.                                                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    2512375 | PA      | $2514736.63    | 0.01%             | 2032-03-08      | Variable      | 6.12%                 | No            |                  2 | On Loan: No      |
| B&D HOLDING SPA                               | IGT Lottery Holdings B.V.                                                                            | CUSIP: N/A<br>LEI: 984500911D9B7B4D7533       | Long             | DBT              | CORP              | NL        |   14500000 | PA      | $17293528.18   | 0.06%             | 2030-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CHESTERFIELD FINANCIAL HOLDING CHEST_23-1     | CHEST                                                                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-O            | CORP              | US        |   17190000 | PA      | $18021843.87   | 0.06%             | 2043-03-23      | Variable      | 7.12%                 | No            |                  3 | On Loan: No      |
| UNIFORM MBS                                   | Uniform MBS 30 Year                                                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-MBS          | CORP              | US        |  991130000 | PA      | $835756496.68  | 2.83%             | 2025-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BNP Paribas                                   | 9-Month/5-Year Interest Rate Swap                                                                    | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | N/A              | DIR              |  | FR        | -440817500 | NC      | $-1553445.28   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                | NRG Energy, Inc.                                                                                     | CUSIP: 629377CP5<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   26000000 | PA      | $24923453.36   | 0.08%             | 2027-12-02      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| GCAT                                          | GCAT Trust                                                                                           | CUSIP: 36831CAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    8484118 | PA      | $8585919.55    | 0.03%             | 2059-06-25      | Variable      | 6.44%                 | No            |                  2 | On Loan: No      |
| ARETEC GROUP INC                              | Aretec Group, Inc.                                                                                   | CUSIP: 04020JAA4<br>LEI: 549300NV2T8A33L0PQ58 | Long             | DBT              | CORP              | US        |    8275000 | PA      | $9015637.33    | 0.03%             | 2030-08-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Inc                    | Morgan Stanley ABS Capital I Incorporated Trust                                                      | CUSIP: 617538AB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    9904095 | PA      | $4938842.46    | 0.02%             | 2036-12-25      | Floating      | 4.38%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                       | BPCE S.A.                                                                                            | CUSIP: 05571AAZ8<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |   20000000 | PA      | $20887570.20   | 0.07%             | 2031-01-14      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| CD Commercial Mortgage Trust                  | CD Mortgage Trust                                                                                    | CUSIP: 125039AG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   35223145 | PA      | $451049.99     | 0.00%             | 2050-11-13      | Variable      | 1.06%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC                         | Quikrete Holdings, Inc.                                                                              | CUSIP: N/A<br>LEI: 5493007KIN86DIZWZT22       | Long             | LON              | CORP              | US        |   11751260 | PA      | $11744561.33   | 0.04%             | 2031-04-14      | Variable      | 6.41%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                      | JP Morgan Mortgage Trust                                                                             | CUSIP: 465983AB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6744308 | PA      | $6796465.19    | 0.02%             | 2064-02-25      | Variable      | 5.85%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                      | Madison Park Funding LXV Ltd.                                                                        | CUSIP: 55823FAC9<br>LEI: 213800EBRIAZSOKC7K58 | Long             | ABS-O            | CORP              | KY        |    7200000 | PA      | $7213350.24    | 0.02%             | 2038-07-16      | Floating      | 6.12%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 670843AB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2585729 | PA      | $2590662.86    | 0.01%             | 2062-01-25      | Variable      | 6.72%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd                      | Neuberger Berman Loan Advisers CLO 47 Ltd.                                                           | CUSIP: 64135DAC9<br>LEI: 549300JRWXK6DFJD7D06 | Long             | ABS-O            | CORP              | KY        |    9000000 | PA      | $8998740.00    | 0.03%             | 2035-04-14      | Floating      | 6.12%                 | No            |                  2 | On Loan: No      |
| HOPE GAS HOLDINGS LLC                         | Hope Gas Holdings LLC                                                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |    3000000 | PA      | $3045564.27    | 0.01%             | 2033-09-01      | Fixed         | 5.99%                 | No            |                  3 | On Loan: No      |
| Freddie Mac Military Housing B                | Freddie Mac Military Housing Bonds Resecuritization Trust Certificates                               | CUSIP: 35563CAV0<br>LEI: 549300ZG8WH0M4JSUM77 | Long             | ABS-MBS          | USGSE             | US        |   11389754 | PA      | $10372125.29   | 0.04%             | 2052-11-25      | Variable      | 4.45%                 | No            |                  2 | On Loan: No      |
| ONEAMERICA FINL PARTNERS                      | OneAmerica Financial Partners, Inc.                                                                  | CUSIP: 682441AB6<br>LEI: 5493009S1SVD6UNUDB08 | Long             | DBT              | CORP              | US        |   25330000 | PA      | $19798066.04   | 0.07%             | 2050-10-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Fremont Home Loan Trust                       | Fremont Home Loan Trust                                                                              | CUSIP: 35729NAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   10781856 | PA      | $4954419.08    | 0.02%             | 2037-01-25      | Floating      | 4.39%                 | No            |                  2 | On Loan: No      |
| GCAT                                          | GCAT Trust                                                                                           | CUSIP: 36169GAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3339008 | PA      | $3383520.56    | 0.01%             | 2068-08-25      | Variable      | 7.34%                 | No            |                  2 | On Loan: No      |
| PINE STREET TRUST III                         | Pine Street Trust III                                                                                | CUSIP: 72284KAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3200000 | PA      | $3296565.57    | 0.01%             | 2054-05-15      | Fixed         | 6.22%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                             | State Street Corp.                                                                                   | CUSIP: 857477CS0<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EP               | CORP              | US        |   18790000 | NS      | $19386901.93   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| PCI GAMING AUTHORITY                          | PCI Gaming Authority, Inc.                                                                           | CUSIP: N/A<br>LEI: 549300KPXAJ1LRW5LP59       | Long             | LON              | CORP              | US        |   11225210 | PA      | $11196248.88   | 0.04%             | 2031-07-18      | Variable      | 6.16%                 | No            |                  2 | On Loan: No      |
| STORE Master Funding LLC                      | Store Master Funding I-VII XIV XIX XX XXIV XXII                                                      | CUSIP: 86212XAL4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    5957500 | PA      | $6034648.43    | 0.02%             | 2054-05-20      | Fixed         | 5.69%                 | No            |                  2 | On Loan: No      |
| FEDERAL FARM CREDIT BANK                      | Federal Farm Credit Bank                                                                             | CUSIP: 3133EMC75<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGSE             | US        |     140000 | PA      | $95848.76      | 0.00%             | 2046-06-01      | Fixed         | 2.84%                 | No            |                  2 | On Loan: No      |
| Extended Stay America Trust                   | Extended Stay America Trust                                                                          | CUSIP: 30227FAJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   10540950 | PA      | $10540950.13   | 0.04%             | 2038-07-15      | Floating      | 6.51%                 | No            |                  2 | On Loan: No      |
| SUMITOMO LIFE INSUR                           | Sumitomo Life Insurance Co.                                                                          | CUSIP: 86564CAC4<br>LEI: 549300I5OQCDADQSPI57 | Long             | DBT              | CORP              | JP        |   39900000 | PA      | $36957087.72   | 0.13%             | 2081-04-15      | Variable      | 3.38%                 | No            |                  2 | On Loan: No      |
| CAPITAL POWER US HOLDING                      | Capital Power US Holdings, Inc.                                                                      | CUSIP: 14041TAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3350000 | PA      | $3514063.74    | 0.01%             | 2035-06-01      | Fixed         | 6.19%                 | No            |                  2 | On Loan: No      |
| Blue Stream Issuer, LLC                       | Blue Stream Issuer LLC                                                                               | CUSIP: 09606BAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    5100000 | PA      | $5158214.46    | 0.02%             | 2054-11-20      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| FAIRFAX FINL HLDGS LTD                        | Fairfax Financial Holdings Ltd.                                                                      | CUSIP: 303901BJ0<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | DBT              | CORP              | CA        |   39803000 | PA      | $37545282.69   | 0.13%             | 2031-03-03      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Stack Infrastructure Issuer LL                | Stack Infrastructure Issuer LLC                                                                      | CUSIP: 85236KAP7<br>LEI: 254900AV7V87H3A2WM57 | Long             | ABS-O            | CORP              | US        |   37950000 | PA      | $37791869.94   | 0.13%             | 2050-05-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BrightSpire Capital, Inc                      | BRSP Ltd.                                                                                            | CUSIP: 05591XAJ0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    4200000 | PA      | $4202317.56    | 0.01%             | 2038-08-19      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| CNO FINANCIAL GROUP INC                       | CNO Financial Group, Inc.                                                                            | CUSIP: 12621EAM5<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | DBT              | CORP              | US        |   21310000 | PA      | $22613607.71   | 0.08%             | 2034-06-15      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| FEDERAL FARM CREDIT BANK                      | Federal Farm Credit Bank                                                                             | CUSIP: 3133EKYC4<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGSE             | US        |    1500000 | PA      | $1088962.50    | 0.00%             | 2048-08-05      | Fixed         | 3.11%                 | No            |                  2 | On Loan: No      |
| MSC MEDITERRANEAN SHIPPING CO SA              | Terminal Investment Limited Holding                                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | LU        |   32200000 | PA      | $32538071.99   | 0.11%             | 2040-10-01      | Fixed         | 6.23%                 | No            |                  3 | On Loan: No      |
| HOMES Trust                                   | HOMES 2025-NQM4 Trust                                                                                | CUSIP: 403958AA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   17361470 | PA      | $17426337.35   | 0.06%             | 2070-08-25      | Variable      | 5.22%                 | No            |                  2 | On Loan: No      |
| BSPDF Issuer Ltd                              | BSPDF Issuer Ltd.                                                                                    | CUSIP: 055731AE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |     707394 | PA      | $705146.41     | 0.00%             | 2036-10-15      | Floating      | 6.07%                 | No            |                  2 | On Loan: No      |
| FIGRE Trust                                   | FIGRE Trust                                                                                          | CUSIP: 31684GAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2080610 | PA      | $2117492.42    | 0.01%             | 2054-07-25      | Variable      | 6.23%                 | No            |                  2 | On Loan: No      |
| TERRAFORM POWER OPERATING LLC                 | TerraForm Power Operating LLC                                                                        | CUSIP: N/A<br>LEI: 5493000S2OLR3UT5BE13       | Long             | LON              | CORP              | US        |    1184694 | PA      | $1181732.32    | 0.00%             | 2029-05-21      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| UNIFORM MBS                                   | Uniform MBS 30 Year                                                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-MBS          | CORP              | US        |  424380000 | PA      | $433107374.70  | 1.47%             | 2026-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                      | Madison Park Funding LXXI Ltd.                                                                       | CUSIP: 55817DAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   31200000 | PA      | $31153200.00   | 0.11%             | 2038-04-23      | Floating      | 5.77%                 | No            |                  2 | On Loan: No      |
| SMRT                                          | SMRT                                                                                                 | CUSIP: 78457JAL6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   32500000 | PA      | $32337500.00   | 0.11%             | 2039-01-15      | Floating      | 6.10%                 | No            |                  2 | On Loan: No      |
| IXIS Real Estate Capital Trust                | IXIS Real Estate Capital Trust                                                                       | CUSIP: 45071KDE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   10368571 | PA      | $5388316.36    | 0.02%             | 2036-03-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| HOMES Trust                                   | HOMES 2025-AFC3 Trust                                                                                | CUSIP: 43762AAD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2955000 | PA      | $2942130.80    | 0.01%             | 2060-08-25      | Variable      | 5.13%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trus                | CSAIL Commercial Mortgage Trust                                                                      | CUSIP: 126281BB9<br>LEI: 549300UFJ8EKD81Y8R30 | Long             | ABS-MBS          | CORP              | US        |    3153124 | PA      | $3.15          | 0.00%             | 2050-04-15      | Variable      | 0.17%                 | No            |                  2 | On Loan: No      |
| TFI INTERNATIONAL INC                         | TFI International, Inc.                                                                              | CUSIP: N/A<br>LEI: 5493007R9W7KO7SJN678       | Long             | DBT              | CORP              | CA        |   14000000 | PA      | $12054477.96   | 0.04%             | 2033-01-05      | Fixed         | 3.35%                 | No            |                  3 | On Loan: No      |
| BXMT Ltd                                      | BXMT Ltd.                                                                                            | CUSIP: 12434LAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    5360000 | PA      | $5336928.42    | 0.02%             | 2038-02-15      | Floating      | 6.16%                 | No            |                  2 | On Loan: No      |
| STRIP PRINC                                   | U.S. Treasury Bonds                                                                                  | CUSIP: 912803FY4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 1576540000 | PA      | $456768979.29  | 1.55%             | 2051-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                              | COLT Mortgage Loan Trust                                                                             | CUSIP: 19688RAA7<br>LEI: 213800MIPEZY1A8W1N28 | Long             | ABS-MBS          | CORP              | US        |   26834867 | PA      | $27228945.49   | 0.09%             | 2068-09-25      | Variable      | 7.18%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3136BKXK3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     263563 | PA      | $169054.51     | 0.00%             | 2052-01-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                    | Verus Securitization Trust                                                                           | CUSIP: 924922AC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   10596511 | PA      | $10562926.58   | 0.04%             | 2067-09-25      | Variable      | 6.13%                 | No            |                  2 | On Loan: No      |
| The Toronto-Dominion Bank                     | 1-Year/2-Year Interest Rate Swap                                                                     | CUSIP: N/A<br>LEI: PT3QB789TSUIDF371261       | N/A              | DIR              |  | US        | -217395000 | NC      | $-474492.85    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC                      | Rocket Mortgage LLC / Rocket Mortgage Company-Issuer, Inc.                                           | CUSIP: 77313LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   17717000 | PA      | $17354317.60   | 0.06%             | 2026-10-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| MCGRAW-HILL EDUCATION                         | McGraw-Hill Education, Inc.                                                                          | CUSIP: 57767XAA8<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |    1549000 | PA      | $1548090.07    | 0.01%             | 2028-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ATLAS MARA LTD                                | Atlas Mara Ltd.                                                                                      | CUSIP: N/A<br>LEI: 213800R42RHUZR883M76       | Long             | DBT              | CORP              | VG        |     542348 | PA      | $0.54          | 0.00%             | 2021-12-31      | Fixed         | 8.00%                 | Yes           |                  3 | On Loan: No      |
| WAMU Mortgage Pass-Through Cer                | WaMu Mortgage Pass-Through Certificates Series Trust                                                 | CUSIP: 93363RAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1175135 | PA      | $1027604.08    | 0.00%             | 2046-10-25      | Floating      | 5.03%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION SOFTWARE                        | Constellation Software, Inc.                                                                         | CUSIP: 21037XAD2<br>LEI: 549300B6PYHMCTDWQV29 | Long             | DBT              | CORP              | CA        |    3850000 | PA      | $3933020.44    | 0.01%             | 2034-02-16      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| STRIP PRINC                                   | U.S. Treasury Bonds                                                                                  | CUSIP: 912803HD8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  615170000 | PA      | $155798218.72  | 0.53%             | 2054-08-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| EMERSON ELECTRIC CO                           | Emerald Debt Merger Sub LLC                                                                          | CUSIP: N/A<br>LEI: 98450099EE3A0ZD5F786       | Long             | DBT              | CORP              | US        |    2550000 | PA      | $3128313.97    | 0.01%             | 2030-12-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| NUSTAR LOGISTICS LP                           | NuStar Logistics, LP                                                                                 | CUSIP: 67059TAH8<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | DBT              | CORP              | US        |    3340000 | PA      | $3458883.96    | 0.01%             | 2030-10-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                    | Verus Securitization Trust                                                                           | CUSIP: 92540RAE4<br>LEI: 213800LFRCPWSTP6LX39 | Long             | ABS-MBS          | CORP              | US        |   13474976 | PA      | $13553845.39   | 0.05%             | 2069-11-25      | Variable      | 5.89%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                    | Verus Securitization Trust                                                                           | CUSIP: 92540TAB6<br>LEI: 213800JOKZMXZECMAB50 | Long             | ABS-MBS          | CORP              | US        |    9475431 | PA      | $9548158.26    | 0.03%             | 2070-01-25      | Variable      | 5.77%                 | No            |                  2 | On Loan: No      |
| Aligned Data Centers Issuers L                | Aligned Data Centers Issuer LLC                                                                      | CUSIP: 01627AAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2600000 | PA      | $2627037.14    | 0.01%             | 2048-08-17      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                           | JPMorgan Chase & Co.                                                                                 | CUSIP: 46647PFC5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    3390000 | PA      | $3514351.98    | 0.01%             | 2036-07-23      | Variable      | 5.58%                 | No            |                  2 | On Loan: No      |
| Ares Direct Lending CLO LLC                   | Ares Direct Lending CLO 6 LLC                                                                        | CUSIP: 039960AA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   51100000 | PA      | $51100000.00   | 0.17%             | 2037-10-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ATLASSIAN CORPORATION                         | Atlassian Corp.                                                                                      | CUSIP: 049468AB7<br>LEI: 549300V7ZY5P02D2MY38 | Long             | DBT              | CORP              | US        |    7540000 | PA      | $7767762.67    | 0.03%             | 2034-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140Y6HV5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  116512220 | PA      | $118641177.53  | 0.40%             | 2055-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Argent Securities Inc.                        | Ameriquest Mortgage Securities Trust                                                                 | CUSIP: 03076MAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   10731555 | PA      | $3149260.66    | 0.01%             | 2036-10-25      | Floating      | 4.37%                 | No            |                  2 | On Loan: No      |
| Tricon Residential                            | Tricon Residential Trust                                                                             | CUSIP: 89616VAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    9215000 | PA      | $9407866.26    | 0.03%             | 2040-06-17      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| CFCRE Commercial Mortgage Trus                | CFCRE Commercial Mortgage Trust                                                                      | CUSIP: 12531WBC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   21474219 | PA      | $18611.71      | 0.00%             | 2048-01-10      | Variable      | 1.04%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                   | Oracle Corp.                                                                                         | CUSIP: 68389XDK8<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   11075000 | PA      | $11088317.36   | 0.04%             | 2032-09-26      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                           | COMM Mortgage Trust                                                                                  | CUSIP: 12595VAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  194591389 | PA      | $1830754.70    | 0.01%             | 2051-05-10      | Variable      | 0.58%                 | No            |                  2 | On Loan: No      |
| G & W INTERMEDIATE HOLDINGS LLG               | Genesee & Wyoming, Inc.                                                                              | CUSIP: N/A<br>LEI: G617XSG94Z7G0RMW3L02       | Long             | LON              | CORP              | US        |   15048000 | PA      | $14983594.56   | 0.05%             | 2031-04-10      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| HILLSBOROUGH CA SCH DIST                      | Hillsborough City School District General Obligation Unlimited                                       | CUSIP: 432272GF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    1000000 | PA      | $496168.60     | 0.00%             | 2039-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE HOLDINGS FINA                      | Blackstone Holdings Finance Company LLC                                                              | CUSIP: 09261BAH3<br>LEI: 549300D2L6J4NC1QVZ22 | Long             | DBT              | CORP              | US        |    2150000 | PA      | $1462177.68    | 0.00%             | 2052-01-30      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| BNP Paribas                                   | 1-Year/2-Year Interest Rate Swap                                                                     | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | N/A              | DIR              |  | FR        | -217395000 | NC      | $-474492.85    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140XLP28<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      69430 | PA      | $69598.04      | 0.00%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sonic Capital LLC                             | Sonic Capital LLC                                                                                    | CUSIP: 83546DAQ1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   18783360 | PA      | $16208418.68   | 0.05%             | 2051-08-20      | Fixed         | 2.64%                 | No            |                  2 | On Loan: No      |
| RS IVY HOLDCO INC                             | ITT Holdings LLC                                                                                     | CUSIP: N/A<br>LEI: 549300TH2PHOLK31LB42       | Long             | LON              | CORP              | US        |   14865765 | PA      | $14861156.53   | 0.05%             | 2030-10-11      | Variable      | 6.64%                 | No            |                  2 | On Loan: No      |
| FS Rialto Issuer Ltd                          | FS Rialto                                                                                            | CUSIP: 30319YAG3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   15665000 | PA      | $15603333.16   | 0.05%             | 2038-05-16      | Floating      | 6.31%                 | No            |                  2 | On Loan: No      |
| Pershing Square Holdings, Ltd.                | Pershing Square SPARC Holdings, Ltd.                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    2846274 | NS      | $284.63        | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Option One Mortgage Loan Trust                | Option One Mortgage Loan Trust                                                                       | CUSIP: 68401TAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4536075 | PA      | $2237865.90    | 0.01%             | 2037-03-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| PACIFIC BELLS LLC                             | Pacific Bells LLC                                                                                    | CUSIP: N/A<br>LEI: 549300VGOQXINYVBJF37       | Long             | LON              | CORP              | US        |   14278179 | PA      | $14325725.72   | 0.05%             | 2028-11-13      | Variable      | 7.75%                 | No            |                  2 | On Loan: No      |
| ATLANTIC MARINE CORP COM                      | Atlantic Marine Corporations Communities LLC                                                         | CUSIP: 048677AB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   10583902 | PA      | $10213465.44   | 0.03%             | 2050-12-01      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| NEXT TEN FUNDING                              | Next10, Inc.                                                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-O            | CORP              | US        |   43414409 | PA      | $44503171.52   | 0.15%             | 2030-12-15      | Fixed         | 6.73%                 | No            |                  3 | On Loan: No      |
| BOARDWALK PIPELINES LP                        | Boardwalk Pipelines, LP                                                                              | CUSIP: 096630AK4<br>LEI: 549300W6AQ2GHHCGL606 | Long             | DBT              | CORP              | US        |    6675000 | PA      | $6925862.45    | 0.02%             | 2034-08-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| TRIPADVISOR INC                               | Tripadvisor, Inc.                                                                                    | CUSIP: N/A<br>LEI: 549300XVG45PT5BART17       | Long             | LON              | CORP              | US        |   19864801 | PA      | $19384668.82   | 0.07%             | 2031-07-08      | Variable      | 6.91%                 | No            |                  2 | On Loan: No      |
| Life Financial Services Trust                 | Life Mortgage Trust                                                                                  | CUSIP: 53218CAJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3675000 | PA      | $3642843.75    | 0.01%             | 2038-03-15      | Floating      | 6.01%                 | No            |                  2 | On Loan: No      |
| GCAT                                          | GCAT Trust                                                                                           | CUSIP: 36831CAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2471691 | PA      | $2500676.45    | 0.01%             | 2059-06-25      | Variable      | 6.08%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 67448NAB4<br>LEI: 254900RDM4XSF0B1E373 | Long             | ABS-MBS          | CORP              | US        |    7133078 | PA      | $7207549.71    | 0.02%             | 2064-01-25      | Variable      | 6.29%                 | No            |                  2 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC                      | Builders FirstSource, Inc.                                                                           | CUSIP: 12008RAS6<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |   52000000 | PA      | $53565512.00   | 0.18%             | 2034-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| TENN VAL AUTH CPN STRIP                       | Tennessee Valley Authority                                                                           | CUSIP: 88059E7K4<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |    1612000 | PA      | $301737.38     | 0.00%             | 2056-09-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage                 | Citigroup Commercial Mortgage Trust                                                                  | CUSIP: 17324KAV0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   14699744 | PA      | $12606.50      | 0.00%             | 2048-11-10      | Variable      | 0.75%                 | No            |                  2 | On Loan: No      |
| SUBWAY FUNDING LLC                            | Subway Funding LLC                                                                                   | CUSIP: 864300AA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    9428750 | PA      | $9558916.72    | 0.03%             | 2054-07-30      | Fixed         | 6.03%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140XGLJ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     203653 | PA      | $180984.08     | 0.00%             | 2052-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Provident Funding Mortgage Tru                | Provident Funding Mortgage Trust 2025-4                                                              | CUSIP: 74387AAD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   22450000 | PA      | $22442816.00   | 0.08%             | 2055-09-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Military Housing B                | Freddie Mac Military Housing Bonds Resecuritization Trust Certificates                               | CUSIP: 35563CAB4<br>LEI: 549300ZG8WH0M4JSUM77 | Long             | ABS-MBS          | USGSE             | US        |  161344132 | PA      | $9064232.64    | 0.03%             | 2055-11-25      | Variable      | 0.70%                 | Yes           |                  2 | On Loan: No      |
| LSTAR Securities Investment Lt                | LSTAR Securities Investment Ltd.                                                                     | CUSIP: 54916LAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   11115957 | PA      | $11199336.37   | 0.04%             | 2029-01-01      | Floating      | 7.46%                 | No            |                  2 | On Loan: No      |
| HILLENBRAND INC                               | Hillenbrand, Inc.                                                                                    | CUSIP: 431571AF5<br>LEI: U246OE781574J2BUD366 | Long             | DBT              | CORP              | US        |    4074000 | PA      | $4176876.65    | 0.01%             | 2029-02-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PRP Advisors, LLC                             | PRPM LLC                                                                                             | CUSIP: 69381DAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   20944110 | PA      | $20380045.18   | 0.07%             | 2054-05-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| TVA PRIN STRIP                                | Tennessee Valley Authority Principal Strips                                                          | CUSIP: 88059FCG4<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |    3500000 | PA      | $400921.50     | 0.00%             | 2065-09-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SAFEHOLD GL HOLDINGS LLC                      | Safehold GL Holdings LLC                                                                             | CUSIP: 785931AB2<br>LEI: 54930012UY5Z4Q8NL108 | Long             | DBT              | CORP              | US        |    2750000 | PA      | $2814062.85    | 0.01%             | 2035-01-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH BANK AUST                        | Commonwealth Bank of Australia                                                                       | CUSIP: 202712BX2<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |   29470000 | PA      | $30574133.63   | 0.10%             | 2046-03-14      | Variable      | 5.93%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 67119PAB7<br>LEI: 254900W2SY2Z6X7UAX78 | Long             | ABS-MBS          | CORP              | US        |    4300409 | PA      | $4307448.04    | 0.01%             | 2064-06-25      | Variable      | 5.37%                 | No            |                  2 | On Loan: No      |
| BLUE RIBBON LLC (USA)                         | Blue Ribbon LLC                                                                                      | CUSIP: N/A<br>LEI: 549300NQM7J4KC44D416       | Long             | LON              | CORP              | US        |    4554033 | PA      | $4485722.68    | 0.02%             | 2028-05-08      | Variable      | 6.14%                 | No            |                  3 | On Loan: No      |
| CHOICE HOTELS INTL INC                        | Choice Hotels International, Inc.                                                                    | CUSIP: 169905AG1<br>LEI: 5493003CYRY5RFGTIR97 | Long             | DBT              | CORP              | US        |   46741000 | PA      | $43758221.22   | 0.15%             | 2031-01-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| VDCM Commercial Mortgage Trust                | VDCM Commercial Mortgage Trust 2025-AZ                                                               | CUSIP: 91825CAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   18650000 | PA      | $18838019.98   | 0.06%             | 2044-07-13      | Variable      | 5.23%                 | No            |                  2 | On Loan: No      |
| FAIRFAX FINL HLDGS LTD                        | Fairfax Financial Holdings Ltd.                                                                      | CUSIP: 303901BL5<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | DBT              | CORP              | CA        |   13100000 | PA      | $13612784.57   | 0.05%             | 2032-08-16      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| BX Trust                                      | BX Commercial Mortgage Trust                                                                         | CUSIP: 05609VAN5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   58178129 | PA      | $58069044.91   | 0.20%             | 2036-09-15      | Floating      | 6.26%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                      | Capital One Financial Corp.                                                                          | CUSIP: 14040HDH5<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    2280000 | PA      | $2391213.00    | 0.01%             | 2035-07-26      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| LoanCore 2021-CRE5 Issuer, Ltd                | LoanCore Issuer Ltd.                                                                                 | CUSIP: 53947XAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    1179349 | PA      | $1178799.93    | 0.00%             | 2036-07-15      | Floating      | 5.57%                 | No            |                  2 | On Loan: No      |
| WW International Inc                          | WW International, Inc.                                                                               | CUSIP: 98262P200<br>LEI: SGT8R1MU6ESIC7UJC518 | Long             | EC               | CORP              | US        |      55029 | NS      | $1505593.44    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                                   | Freddie Mac                                                                                          | CUSIP: 3128MJYM6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     415572 | PA      | $376100.75     | 0.00%             | 2046-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HS WILDCAT LLC                                | HS Wildcat LLC                                                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |    4917719 | PA      | $3618379.48    | 0.01%             | 2050-12-31      | Fixed         | 3.83%                 | No            |                  3 | On Loan: No      |
| JPMorgan Chase Bank, N.A.                     | Foreign Exchange USD/JPY                                                                             | CUSIP: N/A<br>LEI: 7H6GLXDRUGQFU57RNE97       | N/A              | DFE              |  | US        |    5269000 | NC      | $155267.95     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MINIMAX VIKING GMBH                           | MX Holdings US, Inc.                                                                                 | CUSIP: N/A<br>LEI: 549300RKTIVJWNROR778       | Long             | LON              | CORP              | US        |    2812950 | PA      | $2812950.00    | 0.01%             | 2032-02-19      | Variable      | 6.41%                 | No            |                  2 | On Loan: No      |
| Babson CLO Ltd                                | Babson CLO Ltd.                                                                                      | CUSIP: 05618HAE5<br>LEI: 549300SCEOLR3BTPYX35 | Long             | ABS-O            | CORP              | KY        |    1300000 | PA      | $130.00        | 0.00%             | 2025-07-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                      | Angel Oak Mortgage Trust                                                                             | CUSIP: 034942AB8<br>LEI: 254900NLG610771ZLP05 | Long             | ABS-MBS          | CORP              | US        |    7315250 | PA      | $7383569.41    | 0.03%             | 2069-01-25      | Variable      | 6.19%                 | No            |                  2 | On Loan: No      |
| BLUE OWL GP STAKES V ISSUER                   | Blue Owl Capital GP LLC                                                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |   14246450 | PA      | $15029375.63   | 0.05%             | 2043-08-22      | Fixed         | 7.21%                 | No            |                  3 | On Loan: No      |
| TENN VALLEY AUTHORITY                         | Tennessee Valley Authority                                                                           | CUSIP: 880591ES7<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |  139137000 | PA      | $115035828.00  | 0.39%             | 2065-09-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                            | Credit Agricole S.A.                                                                                 | CUSIP: 22535WAM9<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |    3280000 | PA      | $3302752.64    | 0.01%             | 2028-09-11      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| LoanCore 2021-CRE6 Issuer, Ltd                | LoanCore Issuer Ltd.                                                                                 | CUSIP: 53948HAG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   22825000 | PA      | $22729504.77   | 0.08%             | 2038-11-15      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 67119CAB6<br>LEI: 254900Y1YRD8JNADSC78 | Long             | ABS-MBS          | CORP              | US        |    5683765 | PA      | $5757625.04    | 0.02%             | 2064-05-25      | Variable      | 6.44%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140HUMC7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     630620 | PA      | $556677.26     | 0.00%             | 2049-07-01      | Fixed         | 3.91%                 | No            |                  2 | On Loan: No      |
| Invitation Homes Trust                        | Invitation Homes Trust                                                                               | CUSIP: 46188DAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   13100000 | PA      | $12709192.94   | 0.04%             | 2041-09-17      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Eldridge CLO Ltd                              | Eldridge CLO 2025-1 Ltd.                                                                             | CUSIP: 284913AE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   35000000 | PA      | $35000000.00   | 0.12%             | 2038-10-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| TVA PRIN STRIP                                | Tennessee Valley Authority Principal Strips                                                          | CUSIP: 88059FBP5<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |   11415000 | PA      | $2196531.38    | 0.01%             | 2056-04-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140QVEQ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  155426116 | PA      | $157875823.81  | 0.54%             | 2054-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Finance of America HECM Buyout                | Finance of America HECM Buyout                                                                       | CUSIP: 31737DAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   14650000 | PA      | $14627257.34   | 0.05%             | 2034-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MASTR Asset Backed Securities                 | Master Asset-Backed Securities Trust                                                                 | CUSIP: 55291KAD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5440529 | PA      | $1845816.84    | 0.01%             | 2036-08-25      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| AT&T MOBILITY II LLC                          | AT&T Mobility II LLC                                                                                 | CUSIP: 04651L305<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      47000 | NS      | $48255899.46   | 0.16%             |  |  |  | No            |                  3 | On Loan: No      |
| BRAVO Residential Funding Trus                | BRAVO Residential Funding Trust                                                                      | CUSIP: 10569LAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    9493362 | PA      | $9607059.00    | 0.03%             | 2064-03-25      | Variable      | 6.19%                 | No            |                  2 | On Loan: No      |
| BP CAPITAL MARKETS PLC                        | BP Capital Markets plc                                                                               | CUSIP: 05565QDV7<br>LEI: 549300CRVT18MXX0AG93 | Long             | DBT              | CORP              | US        |   62830000 | PA      | $62385917.56   | 0.21%             | N/A             | Variable      | 4.88%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                      | Madison Park Funding XLVIII Ltd.                                                                     | CUSIP: 55821UAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   27500000 | PA      | $27520347.25   | 0.09%             | 2033-04-19      | Floating      | 6.04%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140XKXB1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  102917324 | PA      | $102616537.99  | 0.35%             | 2053-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Textainer Marine Containers Li                | Textainer Marine Containers Ltd.                                                                     | CUSIP: 88315LAS7<br>LEI: 549300X48KLHDDGPK024 | Long             | ABS-O            | CORP              | US        |   20866600 | PA      | $18749992.26   | 0.06%             | 2046-08-20      | Fixed         | 1.94%                 | No            |                  2 | On Loan: No      |
| UNIFORM MBS                                   | Uniform MBS 30 Year                                                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-MBS          | CORP              | US        |  276590000 | PA      | $282504877.15  | 0.96%             | 2025-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TENN VAL AUTH CPN STRIP                       | Tennessee Valley Authority                                                                           | CUSIP: 88059E7D0<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |    1612000 | PA      | $357849.49     | 0.00%             | 2053-09-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MILE Trust                                    | MILE Trust 2025-STNE                                                                                 | CUSIP: 59918AAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   24050000 | PA      | $24057515.63   | 0.08%             | 2042-07-15      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| BLACK HILLS CORP                              | Black Hills Corp.                                                                                    | CUSIP: 092113AX7<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | DBT              | CORP              | US        |    7830000 | PA      | $8334927.81    | 0.03%             | 2035-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| STEWART INFORMATION SERV                      | Stewart Information Services Corp.                                                                   | CUSIP: 86038AAA0<br>LEI: 529900TV1XI0PLKENU10 | Long             | DBT              | CORP              | US        |   36711000 | PA      | $32885664.61   | 0.11%             | 2031-11-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                        | Albertsons Companies Incorporated / Safeway Inc / New Albertsons Limited Partnership / Albertsons LL | CUSIP: 013092AF8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5690000 | PA      | $5645512.17    | 0.02%             | 2026-03-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                          | Royal Bank of Canada                                                                                 | CUSIP: 78017DAK4<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    3430000 | PA      | $3456680.01    | 0.01%             | 2029-08-06      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| BOSTON GAS COMPANY                            | Boston Gas Co.                                                                                       | CUSIP: 100743AP8<br>LEI: FN7P4E7K9JOBORDEUX61 | Long             | DBT              | CORP              | US        |    7450000 | PA      | $7858117.26    | 0.03%             | 2035-01-10      | Fixed         | 5.84%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                           | Charles Schwab Corp.                                                                                 | CUSIP: 808513BJ3<br>LEI: 549300VSGCJ7E698NM85 | Long             | EP               | CORP              | US        |   73673000 | NS      | $69132002.56   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Capmark Military Housing Trust                | Capmark Military Housing Trust                                                                       | CUSIP: 14070AAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2887386 | PA      | $2829001.69    | 0.01%             | 2052-10-10      | Fixed         | 6.06%                 | No            |                  3 | On Loan: No      |
| BROOKFLD FIN LLC/FIN INC                      | Brookfield Finance LLC / Brookfield Finance, Inc.                                                    | CUSIP: 11271RAB5<br>LEI: 549300E643C5WZF8BL44 | Long             | DBT              | CORP              | US        |    6852000 | PA      | $4794399.83    | 0.02%             | 2050-04-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| HOMES Trust                                   | HOMES Trust                                                                                          | CUSIP: 43761DAE0<br>LEI: 254900LUV7YA0N50XT86 | Long             | ABS-MBS          | CORP              | US        |    3299724 | PA      | $3320011.81    | 0.01%             | 2070-01-25      | Variable      | 5.96%                 | No            |                  2 | On Loan: No      |
| SIRIUSPOINT LTD                               | SiriusPoint Ltd.                                                                                     | CUSIP: 82969BAA0<br>LEI: 549300OGXFI85N3YZZ51 | Long             | DBT              | CORP              | BM        |    3150000 | PA      | $3329529.88    | 0.01%             | 2029-04-05      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Secu                | JPMBB Commercial Mortgage Securities Trust                                                           | CUSIP: 46644ABH4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    8894135 | PA      | $186.78        | 0.00%             | 2048-02-15      | Variable      | 0.86%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                      | Sumitomo Mitsui Financial Group, Inc.                                                                | CUSIP: 86562MDL1<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    3020000 | PA      | $3052892.96    | 0.01%             | 2029-07-09      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| SLAM 2021-1 LLC                               | Slam Ltd.                                                                                            | CUSIP: 78449AAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   14244352 | PA      | $13435476.97   | 0.05%             | 2046-06-15      | Fixed         | 2.43%                 | No            |                  2 | On Loan: No      |
| SIERRA PACIFIC POWER CO                       | Sierra Pacific Power Co.                                                                             | CUSIP: 826418BR5<br>LEI: QB888G5GSVGE1LD1WV84 | Long             | DBT              | CORP              | US        |    7875000 | PA      | $7882000.88    | 0.03%             | 2055-12-15      | Variable      | 6.20%                 | No            |                  2 | On Loan: No      |
| BP CAPITAL MARKETS PLC                        | BP Capital Markets plc                                                                               | CUSIP: 05565QDX3<br>LEI: 549300CRVT18MXX0AG93 | Long             | DBT              | CORP              | GB        |   18945000 | PA      | $19622302.70   | 0.07%             | N/A             | Variable      | 6.12%                 | No            |                  2 | On Loan: No      |
| BDS Ltd                                       | BDS Ltd.                                                                                             | CUSIP: 05493NAG7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    4400000 | PA      | $4388492.24    | 0.01%             | 2038-11-16      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| BSPRT Issuer, Ltd.                            | BSPRT 2025-FL12 Issuer LLC                                                                           | CUSIP: 05619BAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   13900000 | PA      | $13859022.80   | 0.05%             | 2043-01-17      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO 38 Ltd                            | Elmwood CLO 38 Ltd.                                                                                  | CUSIP: 289908AC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    5500000 | PA      | $5490649.45    | 0.02%             | 2038-04-22      | Floating      | 5.73%                 | No            |                  2 | On Loan: No      |
| HILLMAN COMPANIES INC                         | Hillman Group, Inc.                                                                                  | CUSIP: N/A<br>LEI: BDPO7HREUXNPHVMSIT54       | Long             | LON              | CORP              | US        |    1524937 | PA      | $1523854.70    | 0.01%             | 2028-07-14      | Variable      | 6.14%                 | No            |                  2 | On Loan: No      |
| BLUE CROSS AND BLUE SHIELD OF FLORIDA INC.    | Blue Cross and Blue Shield of Florida Inc.                                                           | CUSIP: N/A<br>LEI: CY3CIREO3HYBKXC2HK74       | Long             | DBT              | CORP              | US        |    4700000 | PA      | $4700000.00    | 0.02%             | 2035-09-30      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                   | Oracle Corp.                                                                                         | CUSIP: 68389XDM4<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   29675000 | PA      | $29838403.31   | 0.10%             | 2035-09-26      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| NORDEA BANK ABP                               | Nordea Bank Abp                                                                                      | CUSIP: 65558RAH2<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |    3280000 | PA      | $3326807.34    | 0.01%             | 2029-09-10      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| TPG Real Estate Finance                       | TRTX Issuer Ltd.                                                                                     | CUSIP: 897764AC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   26900000 | PA      | $26740536.80   | 0.09%             | 2042-09-18      | Floating      | 5.88%                 | No            |                  2 | On Loan: No      |
| Falcon Aerospace Ltd                          | Falcon Aerospace Ltd.                                                                                | CUSIP: 30610GAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    2656410 | PA      | $2616609.46    | 0.01%             | 2039-09-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Washington Mutual Mortgage Pas                | Washington Mutual Mortgage Pass-Through Certificates WMALT Series Trust                              | CUSIP: 93935YAB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6341271 | PA      | $5256253.25    | 0.02%             | 2036-12-25      | Floating      | 4.61%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                            | Energy Transfer, LP                                                                                  | CUSIP: 226373AT5<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    7610000 | PA      | $7948510.53    | 0.03%             | 2031-02-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| BCRED CLO LLC                                 | BCRED CLO LLC                                                                                        | CUSIP: 05556FAE3<br>LEI: 2549001W2Y6F50VEZG93 | Long             | ABS-O            | CORP              | KY        |   11300000 | PA      | $11301456.57   | 0.04%             | 2037-04-20      | Floating      | 6.30%                 | No            |                  2 | On Loan: No      |
| Treman Park CLO Ltd                           | Treman Park CLO Ltd.                                                                                 | CUSIP: 89473MAD4<br>LEI: 549300E4DX3Q8L455K94 | Long             | ABS-O            | CORP              | KY        |    3259005 | PA      | $9157.80       | 0.00%             | 2028-10-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                              | COLT Mortgage Loan Trust                                                                             | CUSIP: 12598WAC6<br>LEI: 213800EHDFO4A3F7P416 | Long             | ABS-MBS          | CORP              | US        |    3723653 | PA      | $3783459.92    | 0.01%             | 2068-10-25      | Variable      | 7.62%                 | No            |                  2 | On Loan: No      |
| STRIP PRINC                                   | U.S. Treasury Bonds                                                                                  | CUSIP: 912803GY3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  428590000 | PA      | $110845297.37  | 0.38%             | 2054-02-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                   | Freddie Mac                                                                                          | CUSIP: 3132DQAZ9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  100335379 | PA      | $100062827.46  | 0.34%             | 2053-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STRIP PRINC                                   | U.S. Treasury Bonds                                                                                  | CUSIP: 912803GC1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  275000000 | PA      | $78057364.00   | 0.26%             | 2051-11-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3136BWU38<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   36797982 | PA      | $36819045.22   | 0.12%             | 2054-02-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AQUILA FDG LLC FDG_24-1                       | Endo Luxembourg Finance Co I SARL / Endo US, Inc.                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-O            | CORP              | US        |   15650000 | PA      | $16300199.28   | 0.06%             | 2045-09-30      | Fixed         | 7.40%                 | No            |                  3 | On Loan: No      |
| BROOKFIELD FINANCE INC                        | Brookfield Finance, Inc.                                                                             | CUSIP: 11271LAF9<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |    9526000 | PA      | $6730928.33    | 0.02%             | 2051-03-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TENN VAL AUTH CPN STRIP                       | Tennessee Valley Authority                                                                           | CUSIP: 88059GBC2<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |    1020000 | PA      | $137482.74     | 0.00%             | 2062-09-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                        | Bank of New York Mellon Corp.                                                                        | CUSIP: 064058AL4<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EP               | CORP              | US        |   65200000 | NS      | $63897851.03   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| RENAISSANCERE HOLDINGS L                      | RenaissanceRe Holdings Ltd.                                                                          | CUSIP: 75968NAG6<br>LEI: EK6GB9U3U58PDI411C94 | Long             | DBT              | CORP              | BM        |    9900000 | PA      | $10380395.12   | 0.04%             | 2035-04-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| TRANSCANADA PIPELINES                         | TransCanada PipeLines Ltd.                                                                           | CUSIP: 8935268Z9<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |    2870000 | PA      | $3432397.14    | 0.01%             | 2039-01-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                   | State of Illinois General Obligation Unlimited                                                       | CUSIP: 452152ZB0<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    4550000 | PA      | $4707219.56    | 0.02%             | 2038-12-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| MASTR Asset Backed Securities                 | Master Asset-Backed Securities Trust                                                                 | CUSIP: 55275BAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6974580 | PA      | $2445243.15    | 0.01%             | 2036-08-25      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| Fortress Credit BSL Limited                   | Fortress Credit BSL XV Ltd.                                                                          | CUSIP: 34964WAN2<br>LEI: 254900VHYDP7XYPMH337 | Long             | ABS-O            | CORP              | JE        |   35000000 | PA      | $35039557.00   | 0.12%             | 2033-10-18      | Floating      | 5.73%                 | No            |                  2 | On Loan: No      |
| LPL HOLDINGS INC                              | LPL Holdings, Inc.                                                                                   | CUSIP: 50212YAQ7<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |    6650000 | PA      | $6819183.65    | 0.02%             | 2035-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Apollo Aviation Securitization                | AASET Trust                                                                                          | CUSIP: 00255JAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   35850359 | PA      | $37010254.74   | 0.13%             | 2049-05-16      | Fixed         | 6.26%                 | No            |                  2 | On Loan: No      |
| Castlelake Aircraft Securitiza                | Castlelake Aircraft Structured Trust                                                                 | CUSIP: 14856VAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   22662691 | PA      | $23012020.75   | 0.08%             | 2050-02-15      | Fixed         | 5.78%                 | No            |                  2 | On Loan: No      |
| BDS Ltd                                       | BDS LLC                                                                                              | CUSIP: 05555MAE9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3900000 | PA      | $3898569.87    | 0.01%             | 2039-09-19      | Floating      | 6.37%                 | No            |                  2 | On Loan: No      |
| API HEAT TRANSFER THERMASYS CORP              | API Heat Transfer Thermasys Corp.                                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |      11554 | PA      | $11553.58      | 0.00%             | 2027-11-12      | Variable      | 9.30%                 | No            |                  3 | On Loan: No      |
| AUST & NZ BANKING GROUP                       | Australia & New Zealand Banking Group Ltd.                                                           | CUSIP: 052528AT3<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | AU        |   10000000 | PA      | $10042645.60   | 0.03%             | 2035-09-30      | Variable      | 5.20%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS CO                             | General Motors Co.                                                                                   | CUSIP: 37045VAF7<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |    1600000 | PA      | $1627089.54    | 0.01%             | 2043-10-02      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                      | Angel Oak Mortgage Trust                                                                             | CUSIP: 034943AB6<br>LEI: 25490046TFINGL6XED11 | Long             | ABS-MBS          | CORP              | US        |    3454136 | PA      | $3489890.01    | 0.01%             | 2069-01-25      | Variable      | 6.40%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs International                   | Foreign Exchange EUR/USD                                                                             | CUSIP: N/A<br>LEI: W22LROWP2IHZNBB6K528       | N/A              | DFE              |  | US        |  109476000 | NC      | $187054.06     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Inc                    | Morgan Stanley ABS Capital I Incorporated Trust                                                      | CUSIP: 61753EAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    9239421 | PA      | $4231565.90    | 0.01%             | 2037-01-25      | Floating      | 4.40%                 | No            |                  2 | On Loan: No      |
| MARS INC                                      | Mars, Inc.                                                                                           | CUSIP: 571676BA2<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |   19775000 | PA      | $20212749.88   | 0.07%             | 2035-03-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| WENDYS FUNDING LLC                            | Wendy's Funding LLC                                                                                  | CUSIP: 95058XAG3<br>LEI: 5493009DRVSTWJOXUL48 | Long             | ABS-O            | CORP              | US        |   11938470 | PA      | $11867089.56   | 0.04%             | 2049-06-15      | Fixed         | 3.78%                 | No            |                  2 | On Loan: No      |
| ALBION JVCO LTD                               | Albion Financing 1 SARL/Aggreko Holdings, Inc.                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | GB        |     603000 | PA      | $734538.47     | 0.00%             | 2030-05-21      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| TVA PRIN STRIP                                | Tennessee Valley Authority Principal Strips                                                          | CUSIP: 88059FBS9<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |    8655000 | PA      | $4387972.49    | 0.01%             | 2039-09-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                               | CVS Health Corp.                                                                                     | CUSIP: 126650EH9<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    4050000 | PA      | $4251458.91    | 0.01%             | 2055-03-10      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| BETH ISRAEL LAHEY HEALTH                      | Beth Israel Lahey Health, Inc.                                                                       | CUSIP: 08661UAB2<br>LEI: 549300QPZ5W3279DU141 | Long             | DBT              | CORP              | US        |    2700000 | PA      | $1767949.90    | 0.01%             | 2051-07-01      | Fixed         | 3.08%                 | No            |                  2 | On Loan: No      |
| BLUE OWL GP STAKES III                        | Dyal Capital Partners III (B), LP                                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |    4620000 | PA      | $4659702.20    | 0.02%             | 2044-06-15      | Fixed         | 6.55%                 | No            |                  3 | On Loan: No      |
| ACRE COMMERCIAL MORTGAGE TRUST                | ACRE Commercial Mortgage Ltd.                                                                        | CUSIP: 00489TAG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    3100000 | PA      | $3055437.50    | 0.01%             | 2037-12-18      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| SPS Servicer Advance Receivabl                | SPS Servicer Advance Receivables Trust                                                               | CUSIP: 78472JAE3<br>LEI: 549300W6RZ3B25O0SH56 | Long             | ABS-MBS          | CORP              | US        |   20000000 | PA      | $19951148.00   | 0.07%             | 2055-11-15      | Fixed         | 1.83%                 | No            |                  2 | On Loan: No      |
| EISNER ADVISORY GROUP                         | Eisner Advisory Group                                                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   16654079 | PA      | $16742512.44   | 0.06%             | 2031-02-28      | Variable      | 8.16%                 | No            |                  2 | On Loan: No      |
| Washington Mutual Mortgage Pas                | Washington Mutual Mortgage Pass-Through Certificates WMALT Series Trust                              | CUSIP: 939346AA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7285059 | PA      | $6198305.78    | 0.02%             | 2046-11-25      | Floating      | 4.98%                 | No            |                  2 | On Loan: No      |
| DELTA PARENT HOLDINGS INC                     | Kroll, Inc.                                                                                          | CUSIP: N/A<br>LEI: 549300FDREJLOIGXY104       | Long             | LON              | CORP              | US        |   29050000 | PA      | $28936523.44   | 0.10%             | 2032-09-12      | Variable      | 4.90%                 | No            |                  2 | On Loan: No      |
| Fortress Credit Opportunities                 | Fortress Credit Opportunities IX CLO Ltd.                                                            | CUSIP: 34961JAY0<br>LEI: 2549008RD44HDM6DNP14 | Long             | ABS-O            | CORP              | KY        |    3450000 | PA      | $3456819.27    | 0.01%             | 2033-10-15      | Floating      | 6.13%                 | No            |                  2 | On Loan: No      |
| CD Commercial Mortgage Trust                  | CD Mortgage Trust                                                                                    | CUSIP: 12515ABF6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   29010154 | PA      | $77079.98      | 0.00%             | 2049-11-10      | Variable      | 0.69%                 | No            |                  2 | On Loan: No      |
| Textainer Marine Containers Li                | Textainer Marine Containers VII Ltd.                                                                 | CUSIP: 88315LAE8<br>LEI: 549300X48KLHDDGPK024 | Long             | ABS-O            | CORP              | US        |   30411842 | PA      | $29256596.56   | 0.10%             | 2045-08-21      | Fixed         | 2.73%                 | No            |                  2 | On Loan: No      |
| Sapphire Aviation Finance I Li                | Sapphire Aviation Finance II Ltd.                                                                    | CUSIP: 80307AAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   18333791 | PA      | $17513536.81   | 0.06%             | 2040-03-15      | Fixed         | 3.23%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                              | COLT Mortgage Loan Trust                                                                             | CUSIP: 19688RAC3<br>LEI: 213800MIPEZY1A8W1N28 | Long             | ABS-MBS          | CORP              | US        |    6040442 | PA      | $6124453.54    | 0.02%             | 2068-09-25      | Variable      | 7.58%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                   | Freddie Mac                                                                                          | CUSIP: 3128MJXK1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     155506 | PA      | $146112.91     | 0.00%             | 2045-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Wave USA                                      | WAVE LLC                                                                                             | CUSIP: 94354KAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   11322226 | PA      | $10941345.87   | 0.04%             | 2044-09-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140J0JX9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1285545 | PA      | $950738.37     | 0.00%             | 2050-07-01      | Fixed         | 2.31%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                          | Westpac Banking Corp.                                                                                | CUSIP: 961214EX7<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |   15650000 | PA      | $13958107.30   | 0.05%             | 2036-11-18      | Variable      | 3.02%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                  | GS Mortgage Securities Trust                                                                         | CUSIP: 36253PAH5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     521000 | PA      | $458381.32     | 0.00%             | 2050-05-10      | Fixed         | 3.87%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 67119EAB2<br>LEI: 254900F5LT8CA1U6PK21 | Long             | ABS-MBS          | CORP              | US        |    5143486 | PA      | $5199383.51    | 0.02%             | 2064-06-25      | Variable      | 6.13%                 | No            |                  2 | On Loan: No      |
| Vista Point Securitization Tru                | Vista Point Securitization Trust                                                                     | CUSIP: 92841WAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   29564986 | PA      | $29699303.06   | 0.10%             | 2055-01-25      | Variable      | 5.68%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 673914AD9<br>LEI: 2549007E8KF1RJ2ZV866 | Long             | ABS-MBS          | CORP              | US        |    3360034 | PA      | $3383179.07    | 0.01%             | 2064-12-25      | Variable      | 5.70%                 | No            |                  2 | On Loan: No      |
| MERLIN BUYER INC                              | Merlin Buyer, Inc.                                                                                   | CUSIP: N/A<br>LEI: 2549008CJ699WXZAWW31       | Long             | LON              | CORP              | US        |     604942 | PA      | $606454.48     | 0.00%             | 2028-12-14      | Variable      | 8.00%                 | No            |                  2 | On Loan: No      |
| GRAFTECH INTERNATIONAL LTD.                   | GrafTech Finance, Inc.                                                                               | CUSIP: N/A<br>LEI: 1Z010BU876CF2HDBIN43       | Long             | LON              | CORP              | US        |     979768 | PA      | $994954.42     | 0.00%             | 2029-12-21      | Variable      | 10.16%                | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 31418FHX8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1800796 | PA      | $1786812.98    | 0.01%             | 2055-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| F&G GLOBAL FUNDING                            | F&G Global Funding                                                                                   | CUSIP: 30321L2J0<br>LEI: 6354009CCUKJIZ7KFX73 | Long             | DBT              | CORP              | US        |   38565000 | PA      | $40057788.68   | 0.14%             | 2030-01-16      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BofA Securities, Inc.                         | U.S. Secured Overnight Financing Rate                                                                | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | N/A              | DIR              |  | US        | 1337210000 | OU      | $337404.83     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| STATE OF ISRAEL                               | Israel Government International Bond                                                                 | CUSIP: 46514Y8B6<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    8750000 | PA      | $9044839.74    | 0.03%             | 2035-02-19      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                       | Goldman Sachs Group, Inc.                                                                            | CUSIP: 38144GAE1<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EP               | CORP              | US        |   25830000 | NS      | $25516265.98   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / FIN II                       | GLP Capital Limited Partnership / GLP Financing II, Inc.                                             | CUSIP: 361841AL3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   15867000 | PA      | $16157175.70   | 0.05%             | 2029-01-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| CML - CBS STUDIOS                             | CBS Studio Center                                                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |   34100000 | PA      | $33855644.86   | 0.11%             | 2026-01-09      | Variable      | 7.17%                 | No            |                  3 | On Loan: No      |
| INDUSTRIAL DPR FUNDING LTD.                   | Industrial DPR Funding Ltd.                                                                          | CUSIP: 45605PAM0<br>LEI: 549300MBUJF25SSFY437 | Long             | ABS-O            | CORP              | KY        |     501466 | PA      | $497415.46     | 0.00%             | 2026-04-15      | Fixed         | 5.24%                 | No            |                  3 | On Loan: No      |
| FEDERAL FARM CREDIT BANK                      | Federal Farm Credit Bank                                                                             | CUSIP: 3133EKF68<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGSE             | US        |     250000 | PA      | $190817.75     | 0.00%             | 2039-09-06      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| LIBERTY MUTUAL GROUP INC                      | Liberty Mutual Group, Inc.                                                                           | CUSIP: 53079EBM5<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |    3600000 | PA      | $3535895.45    | 0.01%             | 2051-12-15      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                          | OneMain Finance Corp.                                                                                | CUSIP: 682691AG5<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    1125000 | PA      | $1166605.88    | 0.00%             | 2031-11-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Wingstop Funding LLC                          | Wingstop Funding LLC                                                                                 | CUSIP: 974153AB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   25117500 | PA      | $24248464.64   | 0.08%             | 2050-12-05      | Fixed         | 2.84%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                      | Occidental Petroleum Corp.                                                                           | CUSIP: 674599EK7<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   18470000 | PA      | $18783657.54   | 0.06%             | 2032-01-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Inc                    | Morgan Stanley ABS Capital I Incorporated Trust                                                      | CUSIP: 61753KAE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   24796649 | PA      | $10475061.57   | 0.04%             | 2037-03-25      | Floating      | 4.61%                 | No            |                  2 | On Loan: No      |
| Credit-Based Asset Servicing a                | Credit-Based Asset Servicing and Securitization LLC                                                  | CUSIP: 12498NAW3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3875197 | PA      | $3755850.80    | 0.01%             | 2036-12-25      | Floating      | 3.14%                 | No            |                  2 | On Loan: No      |
| Capital Automotive Reit                       | Capital Automotive REIT                                                                              | CUSIP: 12510HAX8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   13963333 | PA      | $13901886.29   | 0.05%             | 2054-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Bank of America, N.A.                         | Foreign Exchange EUR/USD                                                                             | CUSIP: N/A<br>LEI: B4TYDEB6GKMZO031MB27       | N/A              | DFE              |  | US        |   84910000 | NC      | $250.26        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Ares Direct Lending CLO LLC                   | Ares Direct Lending CLO 6 LLC                                                                        | CUSIP: 039960AE9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4300000 | PA      | $4300000.00    | 0.01%             | 2037-10-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mor                | JPMCC Commercial Mortgage Securities Trust                                                           | CUSIP: 48128KAV3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   45734317 | PA      | $461129.97     | 0.00%             | 2050-07-15      | Variable      | 1.16%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage S                | BBCMS Mortgage Trust                                                                                 | CUSIP: 05491UBE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   55605605 | PA      | $1028536.87    | 0.00%             | 2051-12-15      | Variable      | 0.91%                 | No            |                  2 | On Loan: No      |
| WHIRLPOOL CORP                                | Whirlpool Corp.                                                                                      | CUSIP: 963320AX4<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |   14513000 | PA      | $10848502.33   | 0.04%             | 2050-05-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Owl Rock CLO Ltd                              | OWL Rock Clo XXI LLC                                                                                 | CUSIP: 69120UAB9<br>LEI: 2549000CE1W4KBWC2X49 | Long             | ABS-O            | CORP              | US        |   13250000 | PA      | $13205032.15   | 0.04%             | 2034-07-24      | Floating      | 6.22%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                      | Lloyds Banking Group plc                                                                             | CUSIP: 53944YAS2<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    3460000 | PA      | $3436491.83    | 0.01%             | 2028-03-18      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| RED ROCK RESORTS INC                          | Station Casinos LLC                                                                                  | CUSIP: N/A<br>LEI: 5493004E7Q60TX54WL62       | Long             | LON              | CORP              | US        |    2167000 | PA      | $2166219.88    | 0.01%             | 2031-03-14      | Variable      | 6.16%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140Y6PR5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   23772191 | PA      | $24043133.59   | 0.08%             | 2055-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| KKR CORE HOLDING COMPANY LLC                  | KKR Core Holding Company LLC                                                                         | CUSIP: N/A<br>LEI: 5493007DXHDGV3QWWI42       | Long             | ABS-O            | CORP              | US        |   72603415 | PA      | $67422927.65   | 0.23%             | 2031-08-12      | Fixed         | 4.00%                 | No            |                  3 | On Loan: No      |
| JPMDB Commercial Mortgage Secu                | JPMDB Commercial Mortgage Securities Trust                                                           | CUSIP: 46648KAW6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  110414478 | PA      | $1351594.67    | 0.00%             | 2050-10-15      | Variable      | 0.96%                 | No            |                  3 | On Loan: No      |
| Treman Park CLO Ltd                           | Treman Park CLO Ltd.                                                                                 | CUSIP: 89473MAB8<br>LEI: 549300E4DX3Q8L455K94 | Long             | ABS-O            | CORP              | KY        |    3600000 | PA      | $10116.00      | 0.00%             | 2028-10-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GCAT                                          | GCAT Trust                                                                                           | CUSIP: 36831CAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1878492 | PA      | $1900198.81    | 0.01%             | 2059-06-25      | Variable      | 6.54%                 | No            |                  2 | On Loan: No      |
| FORT MOORE FAMILY LLC                         | Fort Moore Family Communities LLC                                                                    | CUSIP: 346845AG5<br>LEI: 254900O8GC3CHW0PH218 | Long             | DBT              | CORP              | US        |    1517739 | PA      | $1323966.34    | 0.00%             | 2051-01-15      | Fixed         | 6.09%                 | No            |                  2 | On Loan: No      |
| ServiceMaster Brands                          | ServiceMaster Funding LLC                                                                            | CUSIP: 81761TAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    9192008 | PA      | $8661016.95    | 0.03%             | 2051-01-30      | Fixed         | 2.84%                 | No            |                  2 | On Loan: No      |
| VB-S1 Issuer LLC                              | VB-S1 Issuer LLC - VBTEL                                                                             | CUSIP: 91823AAY7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   40900000 | PA      | $40226520.15   | 0.14%             | 2052-02-15      | Fixed         | 4.29%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STWD CMNTYS DEV AUT                | California Statewide Communities Development Authority Revenue Bonds                                 | CUSIP: 13080SL93<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   10150000 | PA      | $10735562.64   | 0.04%             | 2047-08-15      | Fixed         | 7.14%                 | No            |                  2 | On Loan: No      |
| FIRST AMERICAN FINANCIAL                      | First American Financial Corp.                                                                       | CUSIP: 31847RAH5<br>LEI: 549300B6VEZK3N0A1P55 | Long             | DBT              | CORP              | US        |   11875000 | PA      | $10315137.17   | 0.03%             | 2031-08-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trus                | CSAIL Commercial Mortgage Trust                                                                      | CUSIP: 22945DAL7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   84362771 | PA      | $2212084.65    | 0.01%             | 2052-03-15      | Variable      | 1.16%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                      | JP Morgan Mortgage Trust                                                                             | CUSIP: 46592WAN6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   80102356 | PA      | $74898690.75   | 0.25%             | 2052-02-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| SLM CORP                                      | SLM Corp.                                                                                            | CUSIP: 78442PGE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    9132000 | PA      | $8946121.79    | 0.03%             | 2026-11-02      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| JBS USA HOLD/FOOD/LUX CO                      | JBS USA Holding Lux SARL/ JBS USA Food Company/ JBS Lux Co SARL                                      | CUSIP: 46590XAQ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    9710000 | PA      | $7634160.27    | 0.03%             | 2052-02-02      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Washington Mutual Mortgage Pas                | Washington Mutual Mortgage Pass-Through Certificates WMALT Series Trust                              | CUSIP: 93935HAH0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4980202 | PA      | $1300044.45    | 0.00%             | 2036-09-25      | Variable      | 3.92%                 | No            |                  2 | On Loan: No      |
| Arbys Funding LLC                             | Arbys Funding LLC                                                                                    | CUSIP: 038779AB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   93416350 | PA      | $90208946.33   | 0.31%             | 2050-07-30      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| Saluda Grade Alternative Mortg                | Saluda Grade Alternative Mortgage Trust 2025-LOC4                                                    | CUSIP: 79589VAN4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   17358238 | PA      | $17387345.86   | 0.06%             | 2055-06-25      | Floating      | 6.11%                 | No            |                  2 | On Loan: No      |
| 321 Henderson Receivables LLC                 | JGWPT XXIII LLC                                                                                      | CUSIP: 46616PAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1755135 | PA      | $1739487.52    | 0.01%             | 2056-10-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| FIVE CORNERS FND TR III                       | Five Corners Funding Trust III                                                                       | CUSIP: 33830GAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7550000 | PA      | $7983290.05    | 0.03%             | 2033-02-15      | Fixed         | 5.79%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BLDG SOCIETY                       | Nationwide Building Society                                                                          | CUSIP: 63861VAN7<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |   18400000 | PA      | $18922100.92   | 0.06%             | 2036-07-14      | Variable      | 5.54%                 | No            |                  2 | On Loan: No      |
| CLIFFWATER CORPORATE LENDING FUND             | Cliffwater Corporate Lending Fund                                                                    | CUSIP: N/A<br>LEI: 549300H513RTF4I5T758       | Long             | DBT              | CORP              | US        |   22700000 | PA      | $23595151.12   | 0.08%             | 2028-08-04      | Fixed         | 6.77%                 | No            |                  3 | On Loan: No      |
| J.P. Morgan Securities LLC                    | J.P. Morgan Securities LLC                                                                           | CUSIP: N/A<br>LEI: ZBUT11V806EZRVTWT807       | Long             | RA               | CORP              | US        |   45991639 | PA      | $45991639.00   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| LAZARD GROUP LLC                              | Lazard Group LLC                                                                                     | CUSIP: 52107QAL9<br>LEI: FI94J2CJ1D7BIGVMS874 | Long             | DBT              | CORP              | US        |   42290000 | PA      | $44692022.94   | 0.15%             | 2031-03-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BNP Paribas                                   | 1-Year/2-Year Interest Rate Swap                                                                     | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | N/A              | DIR              |  | FR        | -135871875 | NC      | $-286359.49    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                | Morgan Stanley                                                                                       | CUSIP: 61747YFJ9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   21862000 | PA      | $24455039.80   | 0.08%             | 2034-11-01      | Variable      | 6.63%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN GROUP INC                       | Jefferies Financial Group, Inc.                                                                      | CUSIP: 472319AC6<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |    3330000 | PA      | $3550589.79    | 0.01%             | 2036-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                           | Bank of Nova Scotia                                                                                  | CUSIP: 06418GAJ6<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    3060000 | PA      | $3075045.38    | 0.01%             | 2029-08-01      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| CASPER TOPCO SAS                              | B&B Hotels                                                                                           | CUSIP: N/A<br>LEI: 969500OUD0VB2606MD53       | Long             | LON              | CORP              | FR        |    4250000 | PA      | $4981872.36    | 0.02%             | 2031-03-21      | Variable      | 5.66%                 | No            |                  2 | On Loan: No      |
| WILTON RE LTD                                 | Wilton RE Ltd.                                                                                       | CUSIP: 97263CAA9<br>LEI: 5493004VQ9VSL29MT373 | Long             | DBT              | CORP              | CA        |   80224000 | PA      | $79758684.76   | 0.27%             | N/A             | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Inc                    | Morgan Stanley ABS Capital I Incorporated Trust                                                      | CUSIP: 617525AA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1820499 | PA      | $1132425.67    | 0.00%             | 2036-12-25      | Floating      | 4.40%                 | No            |                  2 | On Loan: No      |
| BX Trust                                      | BX Trust                                                                                             | CUSIP: 05612TAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   17150000 | PA      | $17166078.13   | 0.06%             | 2041-06-15      | Floating      | 6.09%                 | No            |                  2 | On Loan: No      |
| BRITISH AIR 20-1 A PPT                        | British Airways Class A Pass Through Trust                                                           | CUSIP: 11044MAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4376220 | PA      | $4265369.83    | 0.01%             | 2032-11-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                              | BAT Capital Corp.                                                                                    | CUSIP: 05526DCC7<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    9550000 | PA      | $9922482.09    | 0.03%             | 2035-08-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Owl Rock CLO Ltd                              | Owl Rock CLO XVI LLC                                                                                 | CUSIP: 69120YAA3<br>LEI: 254900BHMAVJ8X5TCA77 | Long             | ABS-O            | CORP              | US        |   39550000 | PA      | $39649669.96   | 0.13%             | 2036-04-20      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| First NLC Trust                               | First NLC Trust                                                                                      | CUSIP: 32113JAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1799678 | PA      | $1617292.37    | 0.01%             | 2035-05-25      | Floating      | 2.60%                 | No            |                  2 | On Loan: No      |
| UNITED PARKS & RESORTS INC                    | Seaworld Parks & Entertainment, Inc.                                                                 | CUSIP: N/A<br>LEI: 549300UZV72O3371JJ53       | Long             | LON              | CORP              | US        |    4455000 | PA      | $4443862.50    | 0.02%             | 2031-12-04      | Variable      | 6.16%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                      | Angel Oak Mortgage Trust                                                                             | CUSIP: 03465GAC0<br>LEI: 254900IWOX9Q54UE4072 | Long             | ABS-MBS          | CORP              | US        |    6408607 | PA      | $6359923.01    | 0.02%             | 2067-10-25      | Variable      | 4.65%                 | No            |                  2 | On Loan: No      |
| STOLTHAVEN HOUSTON INC                        | Stolthaven Houston, Inc.                                                                             | CUSIP: N/A<br>LEI: 549300HOCLTLXOR6FB90       | Long             | DBT              | CORP              | US        |   12544000 | PA      | $12730580.46   | 0.04%             | 2034-07-17      | Fixed         | 5.98%                 | No            |                  3 | On Loan: No      |
| COLT Funding LLC                              | COLT Mortgage Loan Trust                                                                             | CUSIP: 12674LAB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   10931838 | PA      | $10981362.59   | 0.04%             | 2070-03-25      | Variable      | 5.55%                 | No            |                  2 | On Loan: No      |
| FEDEX CORP                                    | FedEx Corp.                                                                                          | CUSIP: 31428XCS3<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |    6694000 | PA      | $5239695.43    | 0.02%             | 2045-02-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140LERF6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2195250 | PA      | $1636266.03    | 0.01%             | 2051-12-01      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| BROOKLYN UNION GAS CO                         | Brooklyn Union Gas Co.                                                                               | CUSIP: 114259AY0<br>LEI: 83BQ1DXS6VA5GZFK8S35 | Long             | DBT              | CORP              | US        |    1180000 | PA      | $1243426.46    | 0.00%             | 2054-07-18      | Fixed         | 6.42%                 | No            |                  2 | On Loan: No      |
| HOST HOTELS & RESORTS LP                      | Host Hotels & Resorts, LP                                                                            | CUSIP: 44107TBB1<br>LEI: FXB7X4WXVA8QPMNOGS12 | Long             | DBT              | CORP              | US        |   12075000 | PA      | $12367699.57   | 0.04%             | 2034-07-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Falcon Aerospace Ltd                          | Falcon Aerospace Ltd.                                                                                | CUSIP: 30605YAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     232632 | PA      | $231934.04     | 0.00%             | 2042-02-15      | Fixed         | 4.58%                 | No            |                  2 | On Loan: No      |
| Cerberus                                      | Cerberus Loan Funding XLV LLC                                                                        | CUSIP: 15675FAC2<br>LEI: 6354005BRQJC9NIG3407 | Long             | ABS-O            | CORP              | US        |   12000000 | PA      | $12010174.80   | 0.04%             | 2036-04-15      | Floating      | 6.72%                 | No            |                  2 | On Loan: No      |
| PMH SPV - C LLC                               | Project Onyx                                                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-O            | CORP              | US        |    3071588 | PA      | $3061774.90    | 0.01%             | 2028-01-26      | Variable      | 7.09%                 | No            |                  3 | On Loan: No      |
| Morgan Stanley Capital Inc                    | Morgan Stanley ABS Capital I Incorporated Trust                                                      | CUSIP: 61755AAD8<br>LEI: 549300LT6TIGKPKJS707 | Long             | ABS-MBS          | CORP              | US        |    2860457 | PA      | $2208163.22    | 0.01%             | 2037-05-25      | Floating      | 4.46%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES HOLDINGS INC                  | United Airlines, Inc.                                                                                | CUSIP: N/A<br>LEI: K1OQBWM7XEOO08LDNP29       | Long             | LON              | CORP              | US        |   17186023 | PA      | $17214723.27   | 0.06%             | 2031-02-22      | Variable      | 6.20%                 | No            |                  2 | On Loan: No      |
| WESTERN DIGITAL CORP                          | Western Digital Corp.                                                                                | CUSIP: 958102AQ8<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |    3680000 | PA      | $3459761.94    | 0.01%             | 2029-02-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| STRIPS                                        | U.S. Treasury Bonds                                                                                  | CUSIP: 912834NP9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  398930000 | PA      | $159567320.55  | 0.54%             | 2044-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trus                | BRAVO Residential Funding Trust 2025-CES2                                                            | CUSIP: 10568RAA1<br>LEI: 254900H5A4PX072RRR06 | Long             | ABS-MBS          | CORP              | US        |   12073617 | PA      | $12065784.99   | 0.04%             | 2055-07-26      | Variable      | 4.96%                 | No            |                  2 | On Loan: No      |
| DT MIDSTREAM INC                              | DT Midstream, Inc.                                                                                   | CUSIP: 23345MAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3250000 | PA      | $3108480.44    | 0.01%             | 2032-04-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL                      | Penske Truck Leasing Company Lp / PTL Finance Corp.                                                  | CUSIP: 709599CA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1000000 | PA      | $1028279.75    | 0.00%             | 2029-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                  | Barclays plc                                                                                         | CUSIP: 06738EDD4<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    3200000 | PA      | $3205652.83    | 0.01%             | 2029-11-11      | Variable      | 4.48%                 | No            |                  2 | On Loan: No      |
| FIGRE Trust                                   | FIGRE Trust                                                                                          | CUSIP: 316922AA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    9000712 | PA      | $9118986.81    | 0.03%             | 2055-06-25      | Variable      | 5.76%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3138WGDJ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     168258 | PA      | $158181.28     | 0.00%             | 2045-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3136BJJW6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     103989 | PA      | $54529.83      | 0.00%             | 2051-10-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BXMT Ltd                                      | BXMT Ltd.                                                                                            | CUSIP: 05608XAG7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   16327000 | PA      | $15977540.16   | 0.05%             | 2037-11-15      | Floating      | 7.31%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trus                | BRAVO Residential Funding Trust                                                                      | CUSIP: 10569DAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4432611 | PA      | $4475860.05    | 0.02%             | 2063-09-25      | Variable      | 7.06%                 | No            |                  2 | On Loan: No      |
| NIDDA TOPCO SARL                              | Nidda Healthcare Holding GmbH                                                                        | CUSIP: N/A<br>LEI: 549300Q89C4WAO6L0L19       | Long             | LON              | CORP              | DE        |   24166306 | PA      | $28423786.82   | 0.10%             | 2030-02-21      | Variable      | 5.53%                 | No            |                  2 | On Loan: No      |
| HIGGINBOTHAM INSURANCE AGENCY INC             | Higginbotham Insurance Agency, Inc.                                                                  | CUSIP: N/A<br>LEI: 549300IY2QEM8MQC2K06       | Short            | LON              | CORP              | US        |   -3402105 | PA      | $-20349.05     | -0.00%            | 2028-11-24      | Variable      | 0.50%                 | No            |                  3 | On Loan: No      |
| FOUNDRY JV HOLDCO LLC                         | Foundry JV Holdco LLC                                                                                | CUSIP: 350930AG8<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |   10100000 | PA      | $10650303.75   | 0.04%             | 2033-01-25      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| CD Commercial Mortgage Trust                  | CD Commercial Mortgage Trust                                                                         | CUSIP: 12515GAJ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   28682992 | PA      | $256546.42     | 0.00%             | 2050-02-10      | Variable      | 1.08%                 | No            |                  2 | On Loan: No      |
| PMH NEWCO LP                                  | Project Onyx I                                                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-O            | CORP              | US        |   42003015 | PA      | $41848569.48   | 0.14%             | 2027-01-26      | Variable      | 6.89%                 | No            |                  3 | On Loan: No      |
| Countrywide Alternative Loan T                | Alternative Loan Trust                                                                               | CUSIP: 02151DAD6<br>LEI: 549300TXT201GGLA0F48 | Long             | ABS-MBS          | CORP              | US        |     509767 | PA      | $492772.37     | 0.00%             | 2047-09-25      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| American Home Mortgage Investm                | American Home Mortgage Investment Trust                                                              | CUSIP: 026932AF0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  115826712 | PA      | $18079634.72   | 0.06%             | 2047-05-25      | Fixed         | 2.08%                 | No            |                  2 | On Loan: No      |
| HANGER INC                                    | Hanger, Inc.                                                                                         | CUSIP: N/A<br>LEI: 254900ZJJJYVLHJXSZ60       | Long             | LON              | CORP              | US        |     171524 | PA      | $171781.30     | 0.00%             | 2031-10-23      | Variable      | 7.66%                 | No            |                  2 | On Loan: No      |
| EQT AB                                        | Equities AB                                                                                          | CUSIP: 29439EAA7<br>LEI: 213800U7P9GOIRKCTB34 | Long             | DBT              | CORP              | SE        |   16615000 | PA      | $17156321.02   | 0.06%             | 2035-05-08      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| FIGRE Trust                                   | FIGRE Trust                                                                                          | CUSIP: 31684GAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4012606 | PA      | $4091007.82    | 0.01%             | 2054-07-25      | Variable      | 6.13%                 | No            |                  2 | On Loan: No      |
| BELL CANADA                                   | Bell Telephone Company of Canada or Bell Canada                                                      | CUSIP: 0778FPAQ2<br>LEI: 5493000G3EFX9S7TDE29 | Long             | DBT              | CORP              | CA        |   25250000 | PA      | $26388926.50   | 0.09%             | 2055-09-15      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| FORTITUDE GROUP HOLDINGS                      | Fortitude Group Holdings LLC                                                                         | CUSIP: 34966XAA6<br>LEI: 2549006R9ZUL08JFIH12 | Long             | DBT              | CORP              | US        |   16600000 | PA      | $17235756.93   | 0.06%             | 2030-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Bear Stearns Asset Backed Secu                | Bear Stearns Asset-Backed Securities I Trust                                                         | CUSIP: 07389MAD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2561861 | PA      | $2545182.79    | 0.01%             | 2036-11-25      | Floating      | 4.55%                 | No            |                  2 | On Loan: No      |
| FONTAINEBLEAU LAS VEGAS                       | Fontainbleau Vegas                                                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-O            | CORP              | US        |   26250000 | PA      | $26250000.00   | 0.09%             | 2028-01-31      | Fixed         | 9.87%                 | No            |                  3 | On Loan: No      |
| Morgan Stanley Capital Services LLC           | 6-Month/5-Year Interest Rate Swap                                                                    | CUSIP: N/A<br>LEI: I7331LVCZKQKX5T7XV54       | N/A              | DIR              |  | US        | -135871875 | NC      | $-232529.77    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                          | OneMain Finance Corp.                                                                                | CUSIP: 682691AF7<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    8250000 | PA      | $8624234.93    | 0.03%             | 2031-05-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| DATIX BIDCO LIMITED                           | Datix Bidco Ltd.                                                                                     | CUSIP: N/A<br>LEI: 9845006BT9AF870CZ249       | Short            | LON              | CORP              | US        |   -2682258 | PA      | $-0.03         | -0.00%            | 2030-10-25      | Variable      | 0.50%                 | No            |                  3 | On Loan: No      |
| PMT Loan Trust                                | PMT Loan Trust 2025-INV7                                                                             | CUSIP: 73015FAH9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5334955 | PA      | $5367151.84    | 0.02%             | 2056-06-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank                         | CURRENCY CONTRACT - Rec USD / Deliver EUR                                                            | CUSIP: N/A<br>LEI: PT3QB789TSUIDF371261       | N/A              | DFE              |  | US        |    -988000 | NC      | $680.30        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LoanCore 2021-CRE5 Issuer, Ltd                | LoanCore Issuer Ltd.                                                                                 | CUSIP: 53947XAL6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   14350000 | PA      | $14239077.37   | 0.05%             | 2036-07-15      | Floating      | 7.26%                 | No            |                  2 | On Loan: No      |
| GCAT                                          | GCAT Trust                                                                                           | CUSIP: 36168WAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7399834 | PA      | $7372375.35    | 0.02%             | 2067-08-25      | Variable      | 5.71%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                   | Freddie Mac                                                                                          | CUSIP: 3128MJWW6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     123158 | PA      | $118692.36     | 0.00%             | 2045-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AREIT CRE Trust                               | AREIT Ltd.                                                                                           | CUSIP: 00193DAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   21850000 | PA      | $21863509.86   | 0.07%             | 2029-12-17      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| AHG FUNDING 2024A                             | Akso Health Group                                                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-O            | CORP              | US        |    3775000 | PA      | $377.50        | 0.00%             | 2026-07-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP                          | Targa Resources Corp.                                                                                | CUSIP: 87612GAK7<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |   10700000 | PA      | $10887748.09   | 0.04%             | 2035-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trus                | BRAVO Residential Funding Trust                                                                      | CUSIP: 10569LAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4384222 | PA      | $4429953.58    | 0.02%             | 2064-03-25      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| SCIENTIFIC GAMES US PARENT LP                 | Scientific Games Corp.                                                                               | CUSIP: N/A<br>LEI: 549300W5GPFXXB6TQ330       | Long             | LON              | CORP              | US        |    4950000 | PA      | $4906093.50    | 0.02%             | 2029-04-04      | Variable      | 7.29%                 | No            |                  2 | On Loan: No      |
| Tricon Residential                            | Tricon Residential Trust                                                                             | CUSIP: 895978AB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   16424000 | PA      | $16476243.10   | 0.06%             | 2040-12-17      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                 | Citigroup, Inc.                                                                                      | CUSIP: 172967MV0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EP               | CORP              | US        |   31175000 | NS      | $30887002.23   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| GRAPHIC PACKAGING INTERN                      | Graphic Packaging International LLC                                                                  | CUSIP: 38869AAE7<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |   13025000 | PA      | $13226457.68   | 0.04%             | 2032-07-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                   | State of Illinois General Obligation Unlimited                                                       | CUSIP: 452152GF2<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    1400000 | PA      | $1488554.50    | 0.01%             | 2035-02-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Imperial Fund LLC                             | Imperial Fund Mortgage Trust                                                                         | CUSIP: 45276PAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   10461523 | PA      | $9908289.72    | 0.03%             | 2067-03-25      | Variable      | 4.20%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs International                   | Foreign Exchange USD/JPY                                                                             | CUSIP: N/A<br>LEI: W22LROWP2IHZNBB6K528       | N/A              | DFE              |  | US        |   56463000 | NC      | $727011.94     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CENTRAL STORAGE TRUST                         | Central Storage Safety Project Trust                                                                 | CUSIP: 155431AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   15068320 | PA      | $14386286.25   | 0.05%             | 2038-02-01      | Fixed         | 4.82%                 | Yes           |                  2 | On Loan: No      |
| Verus Securitization Trust                    | Verus Securitization Trust                                                                           | CUSIP: 92540RAD6<br>LEI: 213800LFRCPWSTP6LX39 | Long             | ABS-MBS          | CORP              | US        |   14273394 | PA      | $14365848.84   | 0.05%             | 2069-11-25      | Variable      | 5.69%                 | No            |                  2 | On Loan: No      |
| Service Experts Issuer                        | Service Experts Issuer 2025-1 LLC                                                                    | CUSIP: 81758JAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   14824579 | PA      | $14875596.70   | 0.05%             | 2037-01-20      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Cross Mortgage Trust                          | Cross Mortgage Trust                                                                                 | CUSIP: 22757CAE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5796820 | PA      | $5835990.53    | 0.02%             | 2069-11-25      | Variable      | 5.97%                 | No            |                  2 | On Loan: No      |
| ASCOT GROUP LTD                               | Ascot Group Ltd.                                                                                     | CUSIP: 04365XAB4<br>LEI: 213800DJV7WRJBE2II28 | Long             | DBT              | CORP              | BM        |   25150000 | PA      | $26215308.98   | 0.09%             | 2035-06-15      | Variable      | 6.35%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO Ltd                | Golub Capital Partners Clo 49M Ltd.                                                                  | CUSIP: 38181HAJ2<br>LEI: 254900NUVOJAHAT10W61 | Long             | ABS-O            | CORP              | KY        |   12600000 | PA      | $12651125.76   | 0.04%             | 2038-07-20      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                           | Dominion Energy, Inc.                                                                                | CUSIP: 25746UEA3<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |   19225000 | PA      | $19350802.82   | 0.07%             | 2056-02-15      | Variable      | 6.20%                 | No            |                  2 | On Loan: No      |
| BXMT Ltd                                      | BXMT Ltd.                                                                                            | CUSIP: 12434LAE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   16000000 | PA      | $15952481.60   | 0.05%             | 2038-02-15      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                      | Lloyds Banking Group plc                                                                             | CUSIP: 539439BA6<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   17200000 | PA      | $17876910.99   | 0.06%             | 2035-11-26      | Variable      | 5.59%                 | No            |                  2 | On Loan: No      |
| EVERCORE INC                                  | Evercore, Inc.                                                                                       | CUSIP: N/A<br>LEI: 529900P6KLPT95DW3W58       | Long             | DBT              | CORP              | US        |    5000000 | PA      | $5021336.90    | 0.02%             | 2030-07-24      | Fixed         | 5.17%                 | No            |                  3 | On Loan: No      |
| ONEMAIN FINANCE CORP                          | OneMain Finance Corp.                                                                                | CUSIP: 682691AC4<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    2270000 | PA      | $2181622.52    | 0.01%             | 2028-09-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CF Hippolyta Issuer LLC                       | CF Hippolyta Issuer LLC                                                                              | CUSIP: 12530MAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   10075718 | PA      | $7019179.42    | 0.02%             | 2060-07-15      | Fixed         | 2.28%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC                         | Quikrete Holdings, Inc.                                                                              | CUSIP: N/A<br>LEI: 5493007KIN86DIZWZT22       | Long             | LON              | CORP              | US        |    6514123 | PA      | $6515816.18    | 0.02%             | 2029-03-19      | Variable      | 6.41%                 | No            |                  2 | On Loan: No      |
| DAI-ICHI LIFE INSURANCE                       | Dai-ichi Life Insurance Company Ltd.                                                                 | CUSIP: 23381LAA2<br>LEI: 3538001235ACEIORUV72 | Long             | DBT              | CORP              | JP        |   27750000 | PA      | $28845070.50   | 0.10%             | 2075-07-16      | Variable      | 6.20%                 | No            |                  2 | On Loan: No      |
| American Home Mortgage Assets                 | American Home Mortgage Assets Trust                                                                  | CUSIP: 008684AA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1728831 | PA      | $1495586.32    | 0.01%             | 2046-12-25      | Floating      | 4.46%                 | No            |                  2 | On Loan: No      |
| Washington Mutual Mortgage Pas                | Washington Mutual Mortgage Pass-Through Certificates WMALT Series Trust                              | CUSIP: 93935EAH7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     317091 | PA      | $102762.62     | 0.00%             | 2036-10-25      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| ALLWYN ENTERTAINMENT FINANCING (US) LLC       | Allwyn Entertainment Financing US LLC                                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   19056360 | PA      | $19008718.80   | 0.06%             | 2031-06-11      | Variable      | 6.33%                 | No            |                  2 | On Loan: No      |
| SVC ABS LLC                                   | SVC ABS LLC                                                                                          | CUSIP: 78487JAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3477396 | PA      | $3417505.33    | 0.01%             | 2053-02-20      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Inc                    | Morgan Stanley ABS Capital I Incorporated Trust                                                      | CUSIP: 61749NAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7249430 | PA      | $3616043.71    | 0.01%             | 2036-08-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                   | Freddie Mac                                                                                          | CUSIP: 3137H5EQ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     142466 | PA      | $85446.31      | 0.00%             | 2052-02-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 31418EDD9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  201523579 | PA      | $177410063.16  | 0.60%             | 2052-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Ares Direct Lending CLO LLC                   | Ares Direct Lending CLO 6 LLC                                                                        | CUSIP: 039960AG4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   38550000 | PA      | $38550000.00   | 0.13%             | 2037-10-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FR Refuel LLC                                 | FR Refuel LLC                                                                                        | CUSIP: N/A<br>LEI: N/A                        | Short            | LON              | CORP              | US        |   -3358696 | PA      | $-33586.96     | -0.00%            | 2028-11-08      | Variable      | 0.50%                 | No            |                  3 | On Loan: No      |
| Fortress Credit Opportunities                 | Fortress Credit Opportunities IX CLO Ltd.                                                            | CUSIP: 34961JBC7<br>LEI: 2549008RD44HDM6DNP14 | Long             | ABS-O            | CORP              | KY        |   46200000 | PA      | $46314423.54   | 0.16%             | 2033-10-15      | Floating      | 6.38%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                        | Standard Chartered plc                                                                               | CUSIP: 85325C2A9<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |   31331000 | PA      | $31882224.46   | 0.11%             | 2030-10-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| FIDELIS INSUR HLD LTD                         | Fidelis Insurance Holdings Ltd.                                                                      | CUSIP: 31575FAC0<br>LEI: 549300CDMGCAGJQ7DX03 | Long             | DBT              | CORP              | BM        |    6075000 | PA      | $6489594.45    | 0.02%             | 2055-06-15      | Variable      | 7.75%                 | No            |                  2 | On Loan: No      |
| Cerberus                                      | Cerberus Loan Funding XL LLC                                                                         | CUSIP: 15675AAC3<br>LEI: 635400FRD1HEGKSHCI69 | Long             | ABS-O            | CORP              | US        |    4600000 | PA      | $4602549.78    | 0.02%             | 2035-03-22      | Floating      | 7.92%                 | No            |                  2 | On Loan: No      |
| HF SINCLAIR CORP                              | HF Sinclair Corp.                                                                                    | CUSIP: 403949AT7<br>LEI: 2549009G116AM01XHN24 | Long             | DBT              | CORP              | US        |   19560000 | PA      | $19882428.02   | 0.07%             | 2032-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BDS Ltd                                       | BDS LLC                                                                                              | CUSIP: 05555MAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    5000000 | PA      | $5025706.50    | 0.02%             | 2039-09-19      | Floating      | 5.71%                 | No            |                  2 | On Loan: No      |
| MIDWEST FAMILY HOUSING                        | Midwest Family Housing LLC                                                                           | CUSIP: 598329AD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1239633 | PA      | $1052083.14    | 0.00%             | 2051-01-01      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN PUBLIC SERV                      | Southwestern Public Service Co.                                                                      | CUSIP: 845743BN2<br>LEI: OL6FE7QD5EQ3DOYEO258 | Long             | DBT              | CORP              | US        |    1380000 | PA      | $1240328.03    | 0.00%             | 2041-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage                 | Citigroup Commercial Mortgage Trust                                                                  | CUSIP: 29429EAF8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   27664779 | PA      | $167792.41     | 0.00%             | 2049-07-10      | Variable      | 2.04%                 | No            |                  2 | On Loan: No      |
| MidOcean Credit CLO                           | Midocean Credit Clo XXI                                                                              | CUSIP: 59790AAC1<br>LEI: 254900LHC18VUV4A5266 | Long             | ABS-O            | CORP              | KY        |   15600000 | PA      | $12480000.00   | 0.04%             | 2038-10-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                               | U.S. Treasury Notes                                                                                  | CUSIP: 91282CMA6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  265300000 | PA      | $269569671.88  | 0.91%             | 2029-11-30      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding                | Avis Budget Rental Car Funding AESOP LLC                                                             | CUSIP: 05377RHM9<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |   11000000 | PA      | $11548636.00   | 0.04%             | 2030-02-20      | Fixed         | 6.02%                 | No            |                  2 | On Loan: No      |
| AP GRANGE HOLDINGS LLC                        | AP Grange Holdings LLC Deferral                                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | KY        |   10096439 | PA      | $10096439.17   | 0.03%             | 2045-03-20      | Fixed         | 6.50%                 | No            |                  3 | On Loan: No      |
| ONEOK INC                                     | ONEOK, Inc.                                                                                          | CUSIP: 682680CU5<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    5050000 | PA      | $5176975.58    | 0.02%             | 2034-09-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                      | Angel Oak Mortgage Trust                                                                             | CUSIP: 034943AA8<br>LEI: 25490046TFINGL6XED11 | Long             | ABS-MBS          | CORP              | US        |   22762755 | PA      | $23036154.09   | 0.08%             | 2069-01-25      | Variable      | 6.20%                 | No            |                  2 | On Loan: No      |
| BofA Securities, Inc.                         | BofA Securities, Inc.                                                                                | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | Long             | RA               | CORP              | US        |   73586622 | PA      | $73586622.00   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| LIBERTY UTILITIES CO                          | Liberty Utilities Co.                                                                                | CUSIP: 531542AB4<br>LEI: 549300UN1FEYPC5BKW09 | Long             | DBT              | CORP              | US        |    6450000 | PA      | $6680994.37    | 0.02%             | 2034-01-31      | Fixed         | 5.87%                 | No            |                  2 | On Loan: No      |
| TSY INFL IX N/B                               | United States Treasury Inflation Indexed Bonds                                                       | CUSIP: 91282CHP9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   29748053 | PA      | $29288093.27   | 0.10%             | 2033-07-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO Ltd                | Golub Capital Partners CLO 16M-R3                                                                    | CUSIP: 38181EAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   51154000 | PA      | $50321074.76   | 0.17%             | 2039-08-09      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd                      | Neuberger Berman CLO 32R Ltd.                                                                        | CUSIP: 64135XAC5<br>LEI: 25490093SHVBS5BLDZ40 | Long             | ABS-O            | CORP              | KY        |   14100000 | PA      | $14138498.64   | 0.05%             | 2039-07-20      | Floating      | 5.98%                 | No            |                  2 | On Loan: No      |
| Servpro Master Issuer, LLC                    | SERVPRO Master Issuer LLC                                                                            | CUSIP: 817743AG2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   22677500 | PA      | $21506513.27   | 0.07%             | 2052-01-25      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                              | Societe Generale S.A.                                                                                | CUSIP: 83368RBJ0<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |   22830000 | PA      | $20769709.16   | 0.07%             | 2033-01-21      | Variable      | 3.34%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3138EPMV3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     198563 | PA      | $200902.01     | 0.00%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FS Rialto Issuer Ltd                          | FS Rialto                                                                                            | CUSIP: 30319YAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3334699 | PA      | $3328954.03    | 0.01%             | 2038-05-16      | Floating      | 5.48%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                       | Goldman Sachs Group, Inc.                                                                            | CUSIP: 38141GC28<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EP               | CORP              | US        |   29050000 | NS      | $30175048.40   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Government National Mortgage A                | Ginnie Mae                                                                                           | CUSIP: 38384EJQ9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    6096918 | PA      | $6120201.29    | 0.02%             | 2047-06-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs International                   | Foreign Exchange USD/JPY                                                                             | CUSIP: N/A<br>LEI: W22LROWP2IHZNBB6K528       | N/A              | DFE              |  | US        |  -12741000 | NC      | $-1691.37      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Aligned Data Centers Issuer LL                | Aligned Data Centers Issuer LLC                                                                      | CUSIP: 01627AAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   47980000 | PA      | $46832179.26   | 0.16%             | 2046-08-15      | Fixed         | 1.94%                 | No            |                  2 | On Loan: No      |
| Capstone Acquisition Holdings, Inc.           | Capstone Acquisition Holdings, Inc.                                                                  | CUSIP: N/A<br>LEI: N/A                        | Short            | LON              | CORP              | US        |   -1098875 | PA      | $-5012.76      | -0.00%            | 2029-11-12      | Variable      | 1.00%                 | No            |                  3 | On Loan: No      |
| NATIONSTAR MTG HLD INC                        | Nationstar Mortgage Holdings, Inc.                                                                   | CUSIP: 43734LAA4<br>LEI: 549300DQF6YN0E43PM71 | Long             | DBT              | CORP              | US        |    2780000 | PA      | $2780000.00    | 0.01%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BRUNSWICK CORP                                | Brunswick Corp.                                                                                      | CUSIP: 117043AV1<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | DBT              | CORP              | US        |    4320000 | PA      | $3463684.59    | 0.01%             | 2052-04-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Long Beach Mortgage Loan Trust                | Long Beach Mortgage Loan Trust                                                                       | CUSIP: 54251UAD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   13778899 | PA      | $3511873.51    | 0.01%             | 2036-09-25      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| Lehman XS Trust                               | Lehman XS Trust Series                                                                               | CUSIP: 52524LAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4011776 | PA      | $3733162.28    | 0.01%             | 2037-02-25      | Floating      | 4.45%                 | No            |                  2 | On Loan: No      |
| Cerberus                                      | Cerberus Loan Funding 52 LLC                                                                         | CUSIP: 15675MAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   66400000 | PA      | $66630454.48   | 0.23%             | 2037-10-15      | Floating      | 5.49%                 | No            |                  2 | On Loan: No      |
| Apollo Aviation Securitization                | AASET Trust                                                                                          | CUSIP: 00255UAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    6112992 | PA      | $6014868.87    | 0.02%             | 2040-01-16      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 67118KAC7<br>LEI: 2549001QDCO9VU0HH514 | Long             | ABS-MBS          | CORP              | US        |    1215610 | PA      | $1231695.52    | 0.00%             | 2063-12-25      | Variable      | 6.43%                 | No            |                  2 | On Loan: No      |
| LGENERGYSOLUTION                              | LG Energy Solution Ltd.                                                                              | CUSIP: 50205MAD1<br>LEI: 988400QX6P286XA6ZS85 | Long             | DBT              | CORP              | KR        |   15000000 | PA      | $15349849.50   | 0.05%             | 2029-07-02      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Owl Rock CLO Ltd                              | Owl Rock CLO VII LLC                                                                                 | CUSIP: 69121BAQ7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   38050000 | PA      | $37859750.00   | 0.13%             | 2038-04-20      | Floating      | 5.73%                 | No            |                  2 | On Loan: No      |
| The Toronto-Dominion Bank                     | 9-Month/5-Year Interest Rate Swap                                                                    | CUSIP: N/A<br>LEI: PT3QB789TSUIDF371261       | N/A              | DIR              |  | US        | -440817500 | NC      | $-1553445.28   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| WESTERN & SOUTHERN LIFE                       | Western & Southern Life Insurance Co.                                                                | CUSIP: 95765PAE9<br>LEI: IN763J7JWIZ46OJ1T526 | Long             | DBT              | CORP              | US        |    8263000 | PA      | $5733744.70    | 0.02%             | 2061-04-28      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| DARDEN RESTAURANTS INC                        | Darden Restaurants, Inc.                                                                             | CUSIP: 237194AM7<br>LEI: CY1NFSCCB5GUXC7WZC70 | Long             | DBT              | CORP              | US        |    3970000 | PA      | $3298863.87    | 0.01%             | 2048-02-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch Alternative Note                | Merrill Lynch Alternative Note Asset Trust Series                                                    | CUSIP: 59023MAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6874899 | PA      | $2058312.34    | 0.01%             | 2037-01-25      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| TESCO PLC                                     | Tesco plc                                                                                            | CUSIP: 881575AC8<br>LEI: 2138002P5RNKC5W2JZ46 | Long             | DBT              | CORP              | GB        |    3240000 | PA      | $3377776.14    | 0.01%             | 2037-11-15      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Inc                    | Morgan Stanley ABS Capital I Incorporated Trust                                                      | CUSIP: 61753EAB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7751698 | PA      | $3550197.75    | 0.01%             | 2037-01-25      | Floating      | 4.36%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                     | Towd Point Mortgage Trust                                                                            | CUSIP: 89183GAB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   17633158 | PA      | $17543754.48   | 0.06%             | 2064-10-27      | Variable      | 4.54%                 | No            |                  2 | On Loan: No      |
| HEALTH CARE SERVICE CORP                      | Health Care Service Corporation A Mutual Legal Reserve Co.                                           | CUSIP: 42218SAM0<br>LEI: 549300TMJ1FKCKECR148 | Long             | DBT              | CORP              | US        |    4800000 | PA      | $4716271.39    | 0.02%             | 2054-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| WEX INC                                       | WEX, Inc.                                                                                            | CUSIP: N/A<br>LEI: T9M5IGROL1TL1G5OV478       | Long             | LON              | CORP              | US        |   17412500 | PA      | $17330835.38   | 0.06%             | 2032-03-05      | Variable      | 5.91%                 | No            |                  2 | On Loan: No      |
| KKR GROUP FINAN CO VIII                       | KKR Group Finance Company VIII LLC                                                                   | CUSIP: 48252MAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   22210000 | PA      | $15941533.78   | 0.05%             | 2050-08-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fortress Credit Opportunities                 | Fortress Credit Opportunities IX CLO Ltd.                                                            | CUSIP: 34961JBE3<br>LEI: 2549008RD44HDM6DNP14 | Long             | ABS-O            | CORP              | KY        |    6700000 | PA      | $6686597.99    | 0.02%             | 2033-10-15      | Floating      | 6.53%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3138WFTE6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     149989 | PA      | $141266.81     | 0.00%             | 2045-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                   | BNP Paribas S.A.                                                                                     | CUSIP: 09659W3D4<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    7200000 | PA      | $7337576.74    | 0.02%             | 2031-05-09      | Variable      | 5.08%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140J6F28<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     208051 | PA      | $193741.55     | 0.00%             | 2047-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC           | 6-Month/5-Year Interest Rate Swap                                                                    | CUSIP: N/A<br>LEI: I7331LVCZKQKX5T7XV54       | N/A              | DIR              |  | US        | -135871875 | NC      | $-339944.64    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Cerberus                                      | Cerberus Loan Funding XLVIII LLC                                                                     | CUSIP: 15675JAE0<br>LEI: 635400TT2BPIAD7JRA96 | Long             | ABS-O            | CORP              | US        |   10700000 | PA      | $10732155.64   | 0.04%             | 2036-10-15      | Floating      | 6.62%                 | No            |                  2 | On Loan: No      |
| PLAINS ALL AMER PIPELINE                      | Plains All American Pipeline Limited Partnership / PAA Finance Corp.                                 | CUSIP: 72650RBS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5275000 | PA      | $5341296.67    | 0.02%             | 2036-01-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Bank                                          | BANK                                                                                                 | CUSIP: 06541FBB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   10259197 | PA      | $158407.13     | 0.00%             | 2050-05-15      | Variable      | 1.49%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Residential Mor                | Morgan Stanley Residential Mortgage Loan Trust                                                       | CUSIP: 61778LAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    9956311 | PA      | $10001791.05   | 0.03%             | 2070-05-25      | Variable      | 5.86%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 67119FAA1<br>LEI: 254900FVMB3WTXJGGR91 | Long             | ABS-MBS          | CORP              | US        |    9475434 | PA      | $9600312.12    | 0.03%             | 2064-03-25      | Variable      | 6.24%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                      | Angel Oak Mortgage Trust                                                                             | CUSIP: 034932AC7<br>LEI: 254900S8TF74AZOT0548 | Long             | ABS-MBS          | CORP              | US        |    3561820 | PA      | $3586509.23    | 0.01%             | 2069-10-25      | Variable      | 6.01%                 | No            |                  2 | On Loan: No      |
| Datix Bidco Ltd.                              | Datix Bidco Ltd.                                                                                     | CUSIP: N/A<br>LEI: N/A                        | Short            | LON              | CORP              | US        |   -3194732 | PA      | $-0.03         | -0.00%            | 2031-04-25      | Variable      | 1.00%                 | No            |                  3 | On Loan: No      |
| BNP Paribas                                   | 9-Month/5-Year Interest Rate Swap                                                                    | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | N/A              | DIR              |  | FR        | -440817500 | NC      | $-1553445.28   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| ENEL FINANCE INTL NV                          | Enel Finance International N.V.                                                                      | CUSIP: 29278GAY4<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |    3570000 | PA      | $3415584.86    | 0.01%             | 2052-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BIB MERCHANT VOUCHER RECEIVABLES LTD          | Bib Merchant Voucher Receivables Ltd.                                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-O            | CORP              | US        |    9763594 | PA      | $9713230.19    | 0.03%             | 2028-04-07      | Fixed         | 4.18%                 | No            |                  3 | On Loan: No      |
| TENN VALLEY AUTHORITY                         | Tennessee Valley Authority                                                                           | CUSIP: 880591FC1<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |   88828000 | PA      | $88727624.36   | 0.30%             | 2055-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WHISTLER PIPELINE LLC                         | Whistler Pipeline LLC                                                                                | CUSIP: 96337RAB8<br>LEI: 549300NG57SGLTNW5C85 | Long             | DBT              | CORP              | US        |   13350000 | PA      | $13878480.44   | 0.05%             | 2031-09-30      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| NUSTAR LOGISTICS LP                           | NuStar Logistics, LP                                                                                 | CUSIP: 67059TAE5<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | DBT              | CORP              | US        |    1880000 | PA      | $1891536.62    | 0.01%             | 2027-04-28      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                      | BENCHMARK Mortgage Trust                                                                             | CUSIP: 08162QBQ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5232000 | PA      | $3099852.22    | 0.01%             | 2048-09-15      | Variable      | 3.23%                 | No            |                  2 | On Loan: No      |
| Owl Rock CLO Ltd                              | Owl Rock CLO XIII LLC                                                                                | CUSIP: 69120GAC8<br>LEI: 254900P65RXI0LEC4D85 | Long             | ABS-O            | CORP              | US        |   14750000 | PA      | $14747343.53   | 0.05%             | 2035-09-20      | Floating      | 7.35%                 | No            |                  2 | On Loan: No      |
| Imperial Fund LLC                             | Imperial Fund Mortgage Trust                                                                         | CUSIP: 45276PAB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   10642363 | PA      | $10048730.22   | 0.03%             | 2067-03-25      | Variable      | 4.02%                 | No            |                  2 | On Loan: No      |
| SLAM LLC                                      | Slam Ltd.                                                                                            | CUSIP: 83100AAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   32982595 | PA      | $33233523.71   | 0.11%             | 2049-09-15      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| ALUMINA PTY LTD                               | Alumina Pty Ltd.                                                                                     | CUSIP: 02220AAA5<br>LEI: 2138002VD9MW2WT8HR38 | Long             | DBT              | CORP              | AU        |    4400000 | PA      | $4499861.74    | 0.02%             | 2030-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Carlyle Global Market Strategi                | Carlyle Global Market Strategies CLO Ltd.                                                            | CUSIP: 14309WAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    8920000 | PA      | $44154.00      | 0.00%             | 2032-01-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| IXIS Real Estate Capital Trust                | IXIS Real Estate Capital Trust                                                                       | CUSIP: 45073DAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   30652709 | PA      | $6224636.36    | 0.02%             | 2037-05-25      | Floating      | 4.38%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                    | Verus Securitization Trust                                                                           | CUSIP: 92540VAA3<br>LEI: 213800TTP1CNX4WER720 | Long             | ABS-MBS          | CORP              | US        |    4582033 | PA      | $4606504.26    | 0.02%             | 2070-03-25      | Variable      | 5.31%                 | No            |                  2 | On Loan: No      |
| SBA TOWER TRUST                               | SBA Tower Trust                                                                                      | CUSIP: 78403DAZ3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3800000 | PA      | $3901768.56    | 0.01%             | 2028-01-15      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3138YWKA4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     107998 | PA      | $103977.74     | 0.00%             | 2045-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, In                | RALI Series Trust                                                                                    | CUSIP: 761118WA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1105132 | PA      | $182662.70     | 0.00%             | 2046-02-25      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| KENNEDY-WILSON INC                            | Kennedy-Wilson, Inc.                                                                                 | CUSIP: 489399AL9<br>LEI: 5EA4464UK7FM5QNNKL62 | Long             | DBT              | CORP              | US        |   13195000 | PA      | $12607383.11   | 0.04%             | 2029-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| The Toronto-Dominion Bank                     | 9-Month/5-Year Interest Rate Swap                                                                    | CUSIP: N/A<br>LEI: PT3QB789TSUIDF371261       | N/A              | DIR              |  | US        |  440817500 | NC      | $5563315.22    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| CARPENTER TECHNOLOGY                          | Carpenter Technology Corp.                                                                           | CUSIP: 144285AL7<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | DBT              | CORP              | US        |     178000 | PA      | $178379.14     | 0.00%             | 2028-07-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Sound Point CLO LTD                           | Sound Point CLO XXXI Ltd.                                                                            | CUSIP: 83615PAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    2200000 | PA      | $2204796.22    | 0.01%             | 2034-10-25      | Floating      | 6.23%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                   | Freddie Mac                                                                                          | CUSIP: 3132L9Y82<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     166518 | PA      | $164476.23     | 0.00%             | 2048-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM GROUP INC                           | TransDigm, Inc.                                                                                      | CUSIP: N/A<br>LEI: 88Q84GB3X55CF5OC7582       | Long             | LON              | CORP              | US        |    4801500 | PA      | $4798186.97    | 0.02%             | 2032-01-19      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| Bank                                          | BANK                                                                                                 | CUSIP: 060352AG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   32581689 | PA      | $331766.31     | 0.00%             | 2060-07-15      | Variable      | 0.91%                 | No            |                  2 | On Loan: No      |
| SOTHEBY'S/BIDFAIR HLD                         | Sotheby's/Bidfair Holdings, Inc.                                                                     | CUSIP: 83600GAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3900000 | PA      | $3553606.68    | 0.01%             | 2029-06-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                  | Enbridge, Inc.                                                                                       | CUSIP: 29250NBZ7<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    3140000 | PA      | $3506602.07    | 0.01%             | 2053-11-15      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                               | U.S. Treasury Notes                                                                                  | CUSIP: 91282CGT2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    1531000 | PA      | $1531418.64    | 0.01%             | 2028-03-31      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| HPS Private Credit CLO                        | HPS Private Credit CLO 2025-3 LLC                                                                    | CUSIP: 40445YAC8<br>LEI: 254900WC9JHPFFXUKB77 | Long             | ABS-O            | CORP              | US        |    9150000 | PA      | $9123051.42    | 0.03%             | 2037-07-20      | Floating      | 6.31%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140HXXF2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    5639678 | PA      | $4398768.17    | 0.01%             | 2050-03-01      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| Sonic Capital LLC                             | Sonic Capital LLC                                                                                    | CUSIP: 83546DAJ7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    6914679 | PA      | $6685394.63    | 0.02%             | 2050-01-20      | Fixed         | 4.34%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust                        | Sequoia Mortgage Trust                                                                               | CUSIP: 81743EAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   16063319 | PA      | $16308434.09   | 0.06%             | 2055-01-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| KENNEDY-WILSON INC                            | Kennedy-Wilson, Inc.                                                                                 | CUSIP: 489399AN5<br>LEI: 5EA4464UK7FM5QNNKL62 | Long             | DBT              | CORP              | US        |      81000 | PA      | $75629.70      | 0.00%             | 2030-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| UNIFORM MBS                                   | Uniform MBS 15 Year                                                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-MBS          | CORP              | US        |  263610173 | PA      | $263300694.66  | 0.89%             | 2025-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3136BWL61<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   36719129 | PA      | $36792368.69   | 0.12%             | 2053-01-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STOLTHAVEN HOUSTON INC                        | Stolthaven Houston, Inc.                                                                             | CUSIP: N/A<br>LEI: 549300HOCLTLXOR6FB90       | Long             | DBT              | CORP              | US        |   13916000 | PA      | $14211879.35   | 0.05%             | 2031-07-17      | Fixed         | 5.88%                 | No            |                  3 | On Loan: No      |
| LAZARD GROUP LLC                              | Lazard Group LLC                                                                                     | CUSIP: 52107QAM7<br>LEI: FI94J2CJ1D7BIGVMS874 | Long             | DBT              | CORP              | US        |   27430000 | PA      | $27896068.06   | 0.09%             | 2035-08-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                | Alternative Loan Trust                                                                               | CUSIP: 126680AA5<br>LEI: 549300QTQ6MX6ER06N64 | Long             | ABS-MBS          | CORP              | US        |    1889003 | PA      | $1751250.13    | 0.01%             | 2047-05-25      | Floating      | 4.63%                 | No            |                  2 | On Loan: No      |
| HEXCEL CORP                                   | Hexcel Corp.                                                                                         | CUSIP: 428291AP3<br>LEI: S6Q7LW43WUBUHXY2QP69 | Long             | DBT              | CORP              | US        |    3475000 | PA      | $3633545.14    | 0.01%             | 2035-02-26      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                  | GS Mortgage Securities Trust                                                                         | CUSIP: 36258YBJ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  142839324 | PA      | $3044520.21    | 0.01%             | 2053-02-13      | Variable      | 0.73%                 | No            |                  2 | On Loan: No      |
| TVA PRIN STRIP                                | Tennessee Valley Authority Principal Strips                                                          | CUSIP: 88059FBW0<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |   23785000 | PA      | $9821873.04    | 0.03%             | 2042-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| LGENERGYSOLUTION                              | LG Energy Solution Ltd.                                                                              | CUSIP: 50205MAE9<br>LEI: 988400QX6P286XA6ZS85 | Long             | DBT              | CORP              | KR        |    7100000 | PA      | $7190256.69    | 0.02%             | 2034-07-02      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TD SYNNEX CORP                                | TD SYNNEX Corp.                                                                                      | CUSIP: 87162WAK6<br>LEI: 5493004HI6PFLF46NS53 | Long             | DBT              | CORP              | US        |   34240000 | PA      | $30718371.15   | 0.10%             | 2031-08-09      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| BROOKLYN UNION GAS CO                         | Brooklyn Union Gas Co.                                                                               | CUSIP: 114259AQ7<br>LEI: 83BQ1DXS6VA5GZFK8S35 | Long             | DBT              | CORP              | US        |    1300000 | PA      | $1045527.80    | 0.00%             | 2048-03-15      | Fixed         | 4.27%                 | No            |                  2 | On Loan: No      |
| DB Master Finance LLC                         | DB Master Finance LLC                                                                                | CUSIP: 233046AK7<br>LEI: 549300F17UZJL70BPB08 | Long             | ABS-O            | CORP              | US        |   15745000 | PA      | $15688602.98   | 0.05%             | 2049-05-20      | Fixed         | 4.02%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                      | Rogers Communications, Inc.                                                                          | CUSIP: 775109BS9<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |    8775000 | PA      | $8707388.63    | 0.03%             | 2082-03-15      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Gilead Aviation (Warehouse) LL                | Gilead Aviation LLC                                                                                  | CUSIP: 37556TAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   28528841 | PA      | $29112444.34   | 0.10%             | 2050-03-15      | Fixed         | 5.79%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY PARTNERS                      | Cheniere Energy Partners, LP                                                                         | CUSIP: 16411QAV3<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |   11800000 | PA      | $12055029.03   | 0.04%             | 2035-10-30      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Capital Automotive Reit                       | Capital Automotive REIT                                                                              | CUSIP: 12510HBA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    9726875 | PA      | $9348142.78    | 0.03%             | 2054-10-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| STANDARD BUILDING SOLUTI                      | Standard Building Solutions, Inc.                                                                    | CUSIP: 853191AA2<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |    7970000 | PA      | $8177387.61    | 0.03%             | 2032-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TRINET GROUP INC                              | TriNet Group, Inc.                                                                                   | CUSIP: 896288AC1<br>LEI: 5299003FJVBETSFKE990 | Long             | DBT              | CORP              | US        |    5450000 | PA      | $5629452.15    | 0.02%             | 2031-08-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, In                | RALI Series Trust                                                                                    | CUSIP: 75114NAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4715292 | PA      | $978311.84     | 0.00%             | 2046-06-25      | Floating      | 4.63%                 | No            |                  2 | On Loan: No      |
| Aligned Data Centers Issuers L                | Aligned Data Centers Issuer LLC                                                                      | CUSIP: 01627AAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1345000 | PA      | $1370165.35    | 0.00%             | 2048-11-16      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| 321 Henderson Receivables LLC                 | JGWPT XXIV LLC                                                                                       | CUSIP: 46616QAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1294045 | PA      | $1278931.19    | 0.00%             | 2056-09-15      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| BNP Paribas                                   | 6-Month/5-Year Interest Rate Swap                                                                    | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | N/A              | DIR              |  | FR        | -135871875 | NC      | $-338973.15    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BofA Securities, Inc.                         | U.S. Secured Overnight Financing Rate                                                                | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | N/A              | DIR              |  | US        |  175000000 | OU      | $3416332.50    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                              | Paramount Global                                                                                     | CUSIP: 92553PAW2<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |   19397000 | PA      | $15939571.85   | 0.05%             | 2044-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MODENA BUYER LLC                              | Modena Buyer LLC                                                                                     | CUSIP: N/A<br>LEI: 254900B0G2IU0VBDOY26       | Long             | LON              | CORP              | US        |   11314500 | PA      | $11160962.24   | 0.04%             | 2031-07-01      | Variable      | 8.81%                 | No            |                  2 | On Loan: No      |
| TPG Real Estate Finance                       | TRTX Issuer Ltd.                                                                                     | CUSIP: 897764AA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   25400000 | PA      | $25358067.14   | 0.09%             | 2042-09-18      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| GMAC Commercial Mortgage Asset                | GMAC Commercial Mortgage Asset Corp.                                                                 | CUSIP: 38012DAB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4198044 | PA      | $3790882.54    | 0.01%             | 2050-05-10      | Fixed         | 5.47%                 | No            |                  3 | On Loan: No      |
| GAMMA MANAGEMENT LLC                          | Lottomatica Group SpA                                                                                | CUSIP: N/A<br>LEI: 549300R72LKEGT4EX026       | Long             | DBT              | CORP              | IT        |    9400000 | PA      | $11373468.74   | 0.04%             | 2031-01-31      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| TARA TOPCO LTD                                | Ardonagh Midco 3 plc                                                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | NL        |    1396500 | PA      | $1388358.41    | 0.00%             | 2031-02-18      | Variable      | 6.94%                 | No            |                  2 | On Loan: No      |
| Bank of America, N.A.                         | Foreign Exchange EUR/USD                                                                             | CUSIP: N/A<br>LEI: B4TYDEB6GKMZO031MB27       | N/A              | DFE              |  | US        |  246688000 | NC      | $433236.39     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FOUNDRY JV HOLDCO LLC                         | Foundry JV Holdco LLC                                                                                | CUSIP: 350930AJ2<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |   17300000 | PA      | $18453737.00   | 0.06%             | 2037-01-25      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| BROOKLYN UNION GAS CO                         | Brooklyn Union Gas Co.                                                                               | CUSIP: 114259AX2<br>LEI: 83BQ1DXS6VA5GZFK8S35 | Long             | DBT              | CORP              | US        |   12675000 | PA      | $13662484.15   | 0.05%             | 2033-09-15      | Fixed         | 6.39%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140XGJR1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2504566 | PA      | $2207941.51    | 0.01%             | 2052-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FS Rialto Issuer Ltd                          | FS Rialto                                                                                            | CUSIP: 30323CAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    8420000 | PA      | $8403568.37    | 0.03%             | 2036-11-16      | Floating      | 6.06%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3138WHM66<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     387706 | PA      | $348295.94     | 0.00%             | 2046-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC STORAGE OP CO                          | Public Storage Operating Co.                                                                         | CUSIP: 74460WAE7<br>LEI: 549300LMZF40TKJ6DM64 | Long             | DBT              | CORP              | US        |    1500000 | PA      | $1348618.23    | 0.00%             | 2031-05-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Cross Mortgage Trust                          | Cross Mortgage Trust                                                                                 | CUSIP: 22757CAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   19463776 | PA      | $19611136.31   | 0.07%             | 2069-11-25      | Variable      | 5.58%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag                | Wells Fargo Commercial Mortgage Trust                                                                | CUSIP: 95000TBV7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   31958277 | PA      | $425735.39     | 0.00%             | 2050-03-15      | Variable      | 1.35%                 | No            |                  2 | On Loan: No      |
| WR GRACE HOLDING LLC                          | WR Grace Holdings LLC                                                                                | CUSIP: 92943GAF8<br>LEI: 549300WNOVFRGYOAEB12 | Long             | DBT              | CORP              | US        |    2000000 | PA      | $1977560.00    | 0.01%             | 2032-08-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK                        | Federal Home Loan Bank                                                                               | CUSIP: 3130ANH78<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |     270000 | PA      | $192557.79     | 0.00%             | 2041-08-16      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| TRITON CONTAINER/TAL INT                      | Triton Container International Limited / TAL International Container Corp.                           | CUSIP: 89681LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    1850000 | PA      | $1651863.15    | 0.01%             | 2032-03-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| FS Rialto Issuer Ltd                          | FS Rialto Issuer LLC                                                                                 | CUSIP: 30340KAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   12950000 | PA      | $12792783.12   | 0.04%             | 2042-08-19      | Floating      | 5.98%                 | No            |                  2 | On Loan: No      |
| Bank of America, N.A.                         | Foreign Exchange EUR/USD                                                                             | CUSIP: N/A<br>LEI: B4TYDEB6GKMZO031MB27       | N/A              | DFE              |  | US        |  193207000 | NC      | $330119.43     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MID-ATLANTIC MILITARY CO                      | Mid-Atlantic Military Family Communities LLC                                                         | CUSIP: 59524EAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5682618 | PA      | $4852403.97    | 0.02%             | 2050-08-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Cerberus                                      | Cerberus Loan Funding XL LLC                                                                         | CUSIP: 15675AAA7<br>LEI: 635400FRD1HEGKSHCI69 | Long             | ABS-O            | CORP              | US        |   64859750 | PA      | $65100204.55   | 0.22%             | 2035-03-22      | Floating      | 6.72%                 | No            |                  2 | On Loan: No      |
| Starwood Mortgage Residential                 | Starwood Mortgage Residential Trust                                                                  | CUSIP: 85573AAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5542521 | PA      | $5297863.74    | 0.02%             | 2050-02-25      | Variable      | 2.41%                 | No            |                  2 | On Loan: No      |
| Securitized Asset Backed Recei                | Securitized Asset-Backed Receivables LLC Trust                                                       | CUSIP: 81377XAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   28657894 | PA      | $7856343.79    | 0.03%             | 2036-11-25      | Floating      | 4.43%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trus                | BRAVO Residential Funding Trust                                                                      | CUSIP: 10569UAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2766145 | PA      | $2792568.96    | 0.01%             | 2063-06-25      | Variable      | 7.01%                 | No            |                  2 | On Loan: No      |
| The Toronto-Dominion Bank                     | 6-Month/5-Year Interest Rate Swap                                                                    | CUSIP: N/A<br>LEI: PT3QB789TSUIDF371261       | N/A              | DIR              |  | US        | -135871875 | NC      | $-452620.47    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Foundation Finance Trust                      | Foundation Finance Trust                                                                             | CUSIP: 35040VAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    7419068 | PA      | $7434168.46    | 0.03%             | 2050-03-15      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| PS HOLDINGS INDEPENDENT VOTING COMPANY LTD    | Pershing Square Holdings Ltd.                                                                        | CUSIP: N/A<br>LEI: U7LC4KOKCTZ0YWGI2G56       | Long             | DBT              | CORP              | GG        |   52650000 | PA      | $48463429.42   | 0.16%             | 2030-11-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| MACQUARIE BANK LTD                            | Macquarie Bank Ltd.                                                                                  | CUSIP: 556079AG6<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |   46285000 | PA      | $46885033.65   | 0.16%             | 2036-08-13      | Variable      | 5.64%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3138LACG2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     282571 | PA      | $245605.26     | 0.00%             | 2045-08-01      | Fixed         | 3.77%                 | No            |                  2 | On Loan: No      |
| GEN DIGITAL INC                               | Gen Digital, Inc.                                                                                    | CUSIP: N/A<br>LEI: YF6ZV0M6AU4FY94MK914       | Long             | LON              | CORP              | US        |   10546828 | PA      | $10513922.37   | 0.04%             | 2029-09-12      | Variable      | 5.91%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO Ltd                | Golub Capital Partners CLO 54M L.P                                                                   | CUSIP: 38181GAC9<br>LEI: 2549007JA1TZWEDGPD41 | Long             | ABS-O            | CORP              | KY        |    7800000 | PA      | $7799862.72    | 0.03%             | 2037-08-05      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| First NLC Trust                               | First NLC Trust                                                                                      | CUSIP: 32113JCG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4773081 | PA      | $4702447.62    | 0.02%             | 2036-02-25      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| GATX CORP                                     | GATX Corp.                                                                                           | CUSIP: 361448BE2<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |     125000 | PA      | $126571.26     | 0.00%             | 2029-04-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                    | Verus Securitization Trust                                                                           | CUSIP: 924922AB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1212079 | PA      | $1208319.15    | 0.00%             | 2067-09-25      | Variable      | 6.13%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                          | Westpac Banking Corp.                                                                                | CUSIP: 961214EP4<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    4467000 | PA      | $4008575.20    | 0.01%             | 2035-11-15      | Variable      | 2.67%                 | No            |                  2 | On Loan: No      |
| NUVEEN LLC                                    | Nuveen LLC                                                                                           | CUSIP: 67080LAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   25425000 | PA      | $26752478.91   | 0.09%             | 2034-04-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| BLUE OWL GP STAKES III                        | Dyal Capital Partners III                                                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |    9761924 | PA      | $9261613.34    | 0.03%             | 2040-06-15      | Fixed         | 4.40%                 | No            |                  3 | On Loan: No      |
| Capital Automotive Reit                       | CARS-DB7, LP                                                                                         | CUSIP: 12510HAS9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4265625 | PA      | $4300315.20    | 0.01%             | 2053-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Owl Rock CLO Ltd                              | OWL Rock Clo XXII LLC                                                                                | CUSIP: 69121AAA4<br>LEI: 254900R8KCHZBP66MP06 | Long             | ABS-O            | CORP              | US        |   26450000 | PA      | $26486842.21   | 0.09%             | 2037-10-20      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| MACQUARIE GROUP LTD                           | Macquarie Group Ltd.                                                                                 | CUSIP: 55607PAF2<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | DBT              | CORP              | AU        |    4125000 | PA      | $4020094.98    | 0.01%             | 2027-09-23      | Variable      | 1.63%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                      | BENCHMARK Mortgage Trust                                                                             | CUSIP: 08161CAG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   86994223 | PA      | $654457.54     | 0.00%             | 2051-02-15      | Variable      | 0.57%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                        | Venture Global LNG, Inc.                                                                             | CUSIP: 92332YAF8<br>LEI: 54930011XLBUWMQUC829 | Long             | EP               | CORP              | US        |   21555000 | NS      | $21362720.78   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3138LKYX9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     856574 | PA      | $750849.90     | 0.00%             | 2047-10-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140HT2V0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     897969 | PA      | $803101.64     | 0.00%             | 2049-06-01      | Fixed         | 3.96%                 | No            |                  2 | On Loan: No      |
| Dreyfus Treasury Securities Ca                | Dreyfus Treasury Securities Cash Management Fund - Institutional Shares                              | CUSIP: N/A<br>LEI: 549300U78VESCW509025       | Long             | STIV             | RF                | US        |  563591160 | NS      | $563591159.78  | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Alt-A Securities INC                 | Deutsche Alt-A Securities Mortgage Loan Trust Series                                                 | CUSIP: 25150UAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1859513 | PA      | $1681856.04    | 0.01%             | 2047-04-25      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                      | Capital One Financial Corp.                                                                          | CUSIP: 14040HDF9<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    1860000 | PA      | $1974422.23    | 0.01%             | 2035-02-01      | Variable      | 6.05%                 | No            |                  2 | On Loan: No      |
| EAGLE POINT HOLDINGS BORROWER LLC             | Eagle Point Holdings Borrower, LLC                                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   14877692 | PA      | $14877692.31   | 0.05%             | 2028-03-31      | Variable      | 8.06%                 | No            |                  3 | On Loan: No      |
| PACIFIC BEACON LLC                            | Pacific Beacon LLC                                                                                   | CUSIP: 69403WAC1<br>LEI: 549300RDBP3BJOLTTC39 | Long             | DBT              | CORP              | US        |     500000 | PA      | $495692.70     | 0.00%             | 2036-07-15      | Fixed         | 5.51%                 | No            |                  2 | On Loan: No      |
| FREEPORT LNG DEVELOPMENT LP                   | FLNG Liquefaction 3 LLC                                                                              | CUSIP: N/A<br>LEI: 549300ZCV52X08U6XC41       | Long             | DBT              | CORP              | US        |   57466065 | PA      | $49065933.07   | 0.17%             | 2039-06-30      | Fixed         | 3.08%                 | No            |                  3 | On Loan: No      |
| The Toronto-Dominion Bank                     | 1-Year/2-Year Interest Rate Swap                                                                     | CUSIP: N/A<br>LEI: PT3QB789TSUIDF371261       | N/A              | DIR              |  | US        | -217395000 | NC      | $-593120.95    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FIRST AMERICAN FINANCIAL                      | First American Financial Corp.                                                                       | CUSIP: 31847RAJ1<br>LEI: 549300B6VEZK3N0A1P55 | Long             | DBT              | CORP              | US        |    7250000 | PA      | $7270165.08    | 0.02%             | 2034-09-30      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD FINANCE INC                        | Brookfield Finance, Inc.                                                                             | CUSIP: 11271LAM4<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |    9400000 | PA      | $9750037.58    | 0.03%             | 2035-01-15      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| FEDERAL FARM CREDIT BANK                      | Federal Farm Credit Bank                                                                             | CUSIP: 3133ELZ98<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGSE             | US        |     300000 | PA      | $205075.50     | 0.00%             | 2040-07-30      | Fixed         | 1.99%                 | No            |                  2 | On Loan: No      |
| BAIN CAPITAL HOLDINGS (GP) LLC                | Bain Capital, LP                                                                                     | CUSIP: N/A<br>LEI: 549300OEYCS23YVSCK18       | Long             | DBT              | CORP              | US        |   36000000 | PA      | $26410175.28   | 0.09%             | 2041-04-15      | Fixed         | 3.41%                 | No            |                  3 | On Loan: No      |
| Starwood Mortgage Residential                 | Starwood Mortgage Residential Trust                                                                  | CUSIP: 85573AAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7205277 | PA      | $6881703.62    | 0.02%             | 2050-02-25      | Variable      | 2.56%                 | No            |                  2 | On Loan: No      |
| VECTOR PHOENIX HOLDINGS (CAYMAN) LP           | Vector Phoenix Holdings, LP                                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |        532 | NS      | $0.05          | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Morgan Stanley Residential Mor                | Morgan Stanley Residential Mortgage Loan Trust                                                       | CUSIP: 61776UAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6693825 | PA      | $6688998.66    | 0.02%             | 2069-07-25      | Variable      | 5.04%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PARTNERS II LLC                | Venture Global Calcasieu Pass LLC                                                                    | CUSIP: N/A<br>LEI: 549300GKHS6RS20NLH85       | Long             | LON              | CORP              | US        |    4475240 | PA      | $4472465.06    | 0.02%             | 2026-08-19      | Variable      | 7.14%                 | No            |                  2 | On Loan: No      |
| DATIX BIDCO LIMITED                           | Datix Bidco Ltd.                                                                                     | CUSIP: N/A<br>LEI: 9845006BT9AF870CZ249       | Long             | LON              | CORP              | US        |    2613869 | PA      | $2613869.36    | 0.01%             | 2031-04-30      | Variable      | 9.29%                 | No            |                  3 | On Loan: No      |
| FEDERAL FARM CREDIT BANK                      | Federal Farm Credit Bank                                                                             | CUSIP: 3133EM3K6<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGSE             | US        |     140000 | PA      | $91227.78      | 0.00%             | 2046-08-24      | Fixed         | 2.59%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 67120GAD0<br>LEI: 254900AIRPH5Q5COT575 | Long             | ABS-MBS          | CORP              | US        |    3735763 | PA      | $3759687.64    | 0.01%             | 2064-10-25      | Variable      | 5.73%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / FIN II                       | GLP Capital Limited Partnership / GLP Financing II, Inc.                                             | CUSIP: 361841AR0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4150000 | PA      | $3733638.39    | 0.01%             | 2032-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| AMERICAN NATIONAL GROUP                       | American National Group, Inc.                                                                        | CUSIP: 025676AN7<br>LEI: 549300RK5RZQ740FPL83 | Long             | DBT              | CORP              | US        |   22055000 | PA      | $22814183.38   | 0.08%             | 2029-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BLUE OWL GP STAKES V ISSUER                   | Blue Owl Capital GP LLC                                                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |    7584800 | PA      | $7746408.12    | 0.03%             | 2043-08-22      | Fixed         | 7.11%                 | No            |                  3 | On Loan: No      |
| AURORA MILITARY HOUS III                      | Aurora Military Housing LLC                                                                          | CUSIP: 05178TAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2062431 | PA      | $2102878.16    | 0.01%             | 2034-07-15      | Fixed         | 5.82%                 | No            |                  2 | On Loan: No      |
| Cascade Funding Mortgage Trust                | CFMT LLC                                                                                             | CUSIP: 12530GAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4310034 | PA      | $4245704.10    | 0.01%             | 2037-09-25      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| PRIME SECURITY SERVICES TOPCO PARENT LP       | Prime Security Services Borrower LLC                                                                 | CUSIP: N/A<br>LEI: 549300O6QPZVWXV2DC15       | Long             | LON              | CORP              | US        |   20577174 | PA      | $20368109.48   | 0.07%             | 2032-03-08      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                          | OneMain Finance Corp.                                                                                | CUSIP: 682691AH3<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    9925000 | PA      | $10201619.68   | 0.03%             | 2029-05-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| First Franklin Mtg Loan Asset                 | First Franklin Mortgage Loan Trust                                                                   | CUSIP: 320275AD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   18375152 | PA      | $7407933.33    | 0.03%             | 2036-12-25      | Floating      | 4.55%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                      | Alliant Holdings Intermediate LLC / Alliant Holdings Company-Issuer                                  | CUSIP: 01883LAG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    8600000 | PA      | $8792920.70    | 0.03%             | 2031-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Inc                    | Morgan Stanley ABS Capital I Incorporated Trust                                                      | CUSIP: 61753EAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   20968265 | PA      | $9603257.77    | 0.03%             | 2037-01-25      | Floating      | 4.48%                 | No            |                  2 | On Loan: No      |
| NORFOLK SOUTHERN CORP                         | Norfolk Southern Corp.                                                                               | CUSIP: 655844CJ5<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |    9100000 | PA      | $6452991.36    | 0.02%             | 2121-05-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 67118TAC8<br>LEI: 254900LSNFNEGAD7J679 | Long             | ABS-MBS          | CORP              | US        |    5822596 | PA      | $5868684.38    | 0.02%             | 2064-01-25      | Variable      | 6.32%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3138LLCK9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     345223 | PA      | $302663.67     | 0.00%             | 2047-11-01      | Fixed         | 3.51%                 | No            |                  2 | On Loan: No      |
| CORPAY INC                                    | Corpay, Inc.                                                                                         | CUSIP: N/A<br>LEI: 549300FKKKZCXLK48427       | Long             | LON              | CORP              | US        |    4664750 | PA      | $4656026.92    | 0.02%             | 2028-04-28      | Variable      | 5.91%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage                 | Citigroup Commercial Mortgage Trust                                                                  | CUSIP: 17291CBW4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   29476178 | PA      | $163834.49     | 0.00%             | 2049-08-10      | Variable      | 1.80%                 | No            |                  2 | On Loan: No      |
| TSY INFL IX N/B                               | United States Treasury Inflation Indexed Bonds                                                       | CUSIP: 91282CLV1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  263828490 | PA      | $269046912.00  | 0.91%             | 2029-10-15      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE                         | Venture Global Plaquemines LNG LLC                                                                   | CUSIP: 922966AD8<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    9225000 | PA      | $9798582.83    | 0.03%             | 2036-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| QTS ISSUER ABS II LLC                         | QTS Issuer ABS II LLC                                                                                | CUSIP: 74690FAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   23550000 | PA      | $23470424.55   | 0.08%             | 2055-10-05      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| Owl Rock CLO Ltd                              | Owl Rock CLO XIX LLC                                                                                 | CUSIP: 69120NAB5<br>LEI: 254900PD652278RSJX41 | Long             | ABS-O            | CORP              | US        |   12700000 | PA      | $12661290.40   | 0.04%             | 2037-10-22      | Floating      | 6.23%                 | No            |                  2 | On Loan: No      |
| TELUS CORP                                    | TELUS Corp.                                                                                          | CUSIP: 87971MCL5<br>LEI: 894500WE70KKZRQMBU11 | Long             | DBT              | CORP              | CA        |   13850000 | PA      | $14258717.10   | 0.05%             | 2055-10-15      | Variable      | 6.62%                 | No            |                  2 | On Loan: No      |
| PRP Advisors, LLC                             | PRPM LLC                                                                                             | CUSIP: 69381KAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6469648 | PA      | $6470921.47    | 0.02%             | 2029-09-25      | Variable      | 5.69%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                             | Iron Mountain, Inc.                                                                                  | CUSIP: 46284VAC5<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |    1938000 | PA      | $1928679.77    | 0.01%             | 2027-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| SUNRISE FINCO I BV                            | Sunrise FinCo I B.V.                                                                                 | CUSIP: 90320BAA7<br>LEI: 213800MNFBDEQRS6HZ22 | Long             | DBT              | CORP              | NL        |     200000 | PA      | $190530.00     | 0.00%             | 2031-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BX Trust                                      | BX Commercial Mortgage Trust                                                                         | CUSIP: 05613QAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    9591801 | PA      | $9606788.61    | 0.03%             | 2041-10-15      | Floating      | 5.64%                 | No            |                  2 | On Loan: No      |
| PHM GROUP TOPCO OY                            | PHM Group Holding OY                                                                                 | CUSIP: N/A<br>LEI: 7437002P82P6OBDFWT48       | Long             | LON              | CORP              | FI        |    9100000 | PA      | $10700834.90   | 0.04%             | 2032-04-22      | Variable      | 5.46%                 | No            |                  2 | On Loan: No      |
| METIS ISSUER 2025-1 LLC                       | Metis Issuer, LLC                                                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-O            | CORP              | US        |   29900000 | PA      | $29453192.04   | 0.10%             | 2055-05-15      | Fixed         | 6.89%                 | No            |                  3 | On Loan: No      |
| CITADEL SECURITIES GLOBA                      | Citadel Securities Global Holdings LLC                                                               | CUSIP: 17289RAB2<br>LEI: 549300NV5RXBUS3X7L47 | Long             | DBT              | CORP              | US        |    2650000 | PA      | $2783759.92    | 0.01%             | 2035-06-18      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 67121LAC0<br>LEI: 254900NDJVO62R77II89 | Long             | ABS-MBS          | CORP              | US        |    6250200 | PA      | $6321728.70    | 0.02%             | 2065-05-25      | Variable      | 5.71%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank, N.A.                     | iShares iBoxx $ Investment Grade Corporate Bond ETF                                                  | CUSIP: N/A<br>LEI: 7H6GLXDRUGQFU57RNE97       | N/A              | DCR              |  | US        |    1221859 | NC      | $1954974.40    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| CMFT Net Lease Master Issuer L                | CMFT Net Lease Master Issuer LLC                                                                     | CUSIP: 12575AAF4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3215000 | PA      | $2792616.84    | 0.01%             | 2051-07-20      | Fixed         | 3.44%                 | No            |                  2 | On Loan: No      |
| Impac Secured Assets Corp.                    | Impac Secured Assets Trust                                                                           | CUSIP: 45256VAD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     336057 | PA      | $309932.90     | 0.00%             | 2036-08-25      | Floating      | 4.61%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140W1UF8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  101251148 | PA      | $102405137.30  | 0.35%             | 2055-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BELROSE FUNDING TRUST II                      | Belrose Funding Trust II                                                                             | CUSIP: 08079KAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   23810000 | PA      | $25784733.78   | 0.09%             | 2055-05-15      | Fixed         | 6.79%                 | No            |                  2 | On Loan: No      |
| Owl Rock CLO Ltd                              | Owl Rock CLO I LLC                                                                                   | CUSIP: 69121XAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1100000 | PA      | $1099608.07    | 0.00%             | 2036-02-20      | Floating      | 7.45%                 | No            |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding                | Avis Budget Rental Car Funding AESOP LLC                                                             | CUSIP: 05377RKR4<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    4950000 | PA      | $5094865.22    | 0.02%             | 2031-08-20      | Fixed         | 5.51%                 | No            |                  2 | On Loan: No      |
| Starwood Commercial Mortgage T                | STWD Ltd.                                                                                            | CUSIP: 78486BAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    2820000 | PA      | $2798146.41    | 0.01%             | 2038-04-18      | Floating      | 6.35%                 | No            |                  2 | On Loan: No      |
| REINSURANCE GRP OF AMER                       | Reinsurance Group of America, Inc.                                                                   | CUSIP: 759351AS8<br>LEI: LORM1GNEU1DKEW527V90 | Long             | DBT              | CORP              | US        |   20050000 | PA      | $20961821.87   | 0.07%             | 2034-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                       | MPLX, LP                                                                                             | CUSIP: 55336VBZ2<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |   21200000 | PA      | $20724887.01   | 0.07%             | 2055-04-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| AMERICAN NATIONAL GF                          | American National Global Funding                                                                     | CUSIP: 02771D2A1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   12225000 | PA      | $12593173.23   | 0.04%             | 2030-01-28      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN LLC / JFIN                      | Jefferies Finance LLC / JFIN Company-Issuer Corp.                                                    | CUSIP: 47232MAG7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6850000 | PA      | $6895612.23    | 0.02%             | 2031-10-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| GCAT                                          | GCAT Trust                                                                                           | CUSIP: 36831DAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   31527817 | PA      | $32072844.69   | 0.11%             | 2055-08-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Servpro Master Issuer, LLC                    | SERVPRO Master Issuer LLC                                                                            | CUSIP: 817743AE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   43286660 | PA      | $40784323.12   | 0.14%             | 2051-04-25      | Fixed         | 2.39%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                   | Oracle Corp.                                                                                         | CUSIP: 68389XDP7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    8350000 | PA      | $8372670.17    | 0.03%             | 2045-09-26      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Home Partners of America Trust                | Home Partners of America Trust                                                                       | CUSIP: 43732VAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   46295664 | PA      | $44871331.83   | 0.15%             | 2026-12-17      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| GSAA Home Equity Trust                        | GSAA Trust                                                                                           | CUSIP: 3622EAAB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   10182414 | PA      | $2648379.77    | 0.01%             | 2047-03-25      | Floating      | 4.61%                 | No            |                  2 | On Loan: No      |
| PLAINS ALL AMER PIPELINE                      | Plains All American Pipeline Limited Partnership / PAA Finance Corp.                                 | CUSIP: 72650RBH4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3770000 | PA      | $3288072.15    | 0.01%             | 2045-02-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Cross Mortgage Trust                          | Cross Mortgage Trust                                                                                 | CUSIP: 22757HAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4635375 | PA      | $4679074.86    | 0.02%             | 2069-08-26      | Variable      | 6.16%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD FINANCE INC                        | Brookfield Finance, Inc.                                                                             | CUSIP: 11271LAP7<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |   12635000 | PA      | $12728901.55   | 0.04%             | 2055-03-03      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| CITADEL ENTERPRISE AMERICAS LLC               | Ceamer Finance LLC                                                                                   | CUSIP: N/A<br>LEI: 549300KGM6NOF0Q0GA88       | Long             | ABS-O            | CORP              | US        |    9695146 | PA      | $9364344.12    | 0.03%             | 2031-03-24      | Fixed         | 3.69%                 | No            |                  3 | On Loan: No      |
| Countrywide Alternative Loan T                | Alternative Loan Trust                                                                               | CUSIP: 02149FAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5725542 | PA      | $2879565.76    | 0.01%             | 2037-02-25      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                         | Athene Global Funding                                                                                | CUSIP: 04685A2Y6<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    3780000 | PA      | $3377155.73    | 0.01%             | 2031-06-07      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag                | Wells Fargo Commercial Mortgage Trust                                                                | CUSIP: 94989XBF1<br>LEI: 549300RD723OFH36TP29 | Long             | ABS-MBS          | CORP              | US        |    3858070 | PA      | $78.70         | 0.00%             | 2048-12-15      | Variable      | 1.12%                 | No            |                  2 | On Loan: No      |
| BNP Paribas                                   | 6-Month/5-Year Interest Rate Swap                                                                    | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | N/A              | DIR              |  | FR        | -135871875 | NC      | $-399892.67    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Tricon Residential                            | Tricon Residential Trust                                                                             | CUSIP: 895978AC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   14815000 | PA      | $14747965.09   | 0.05%             | 2040-12-17      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage                 | Citigroup Commercial Mortgage Trust                                                                  | CUSIP: 17328FBB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   95890321 | PA      | $2822406.94    | 0.01%             | 2056-08-10      | Variable      | 1.16%                 | No            |                  2 | On Loan: No      |
| AUST & NZ BANKING GROUP                       | Australia & New Zealand Banking Group Ltd.                                                           | CUSIP: 052528AV8<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | AU        |   24460000 | PA      | $25376883.34   | 0.09%             | 2036-06-18      | Variable      | 5.82%                 | No            |                  2 | On Loan: No      |
| PHILLIPS 66 CO                                | Phillips 66 Co.                                                                                      | CUSIP: 718547AZ5<br>LEI: RVJMT2IZVVSKIRJJBH76 | Long             | DBT              | CORP              | US        |    7360000 | PA      | $7302076.80    | 0.02%             | 2056-03-15      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| FIGRE Trust                                   | FIGRE Trust                                                                                          | CUSIP: 31684DAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   26594509 | PA      | $26929924.59   | 0.09%             | 2054-12-25      | Variable      | 5.72%                 | No            |                  2 | On Loan: No      |
| ARSENAL AIC HOLDINGS LP                       | Arsenal AIC Parent LLC                                                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    8568366 | PA      | $8554999.41    | 0.03%             | 2030-08-19      | Variable      | 6.91%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                     | Towd Point Mortgage Trust                                                                            | CUSIP: 89183GAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   15625287 | PA      | $15653416.04   | 0.05%             | 2064-10-27      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                      | Rogers Communications, Inc.                                                                          | CUSIP: 775109DH1<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |    5650000 | PA      | $5989921.52    | 0.02%             | 2055-04-15      | Variable      | 7.12%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                  | Enbridge, Inc.                                                                                       | CUSIP: 29250NCC7<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |   12478000 | PA      | $13024602.53   | 0.04%             | 2034-04-05      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| AGL CLO Ltd.                                  | AGL CLO 42 Ltd.                                                                                      | CUSIP: 00791YAE8<br>LEI: 254900AMSJHVKQ5QFA09 | Long             | ABS-O            | CORP              | KY        |    5000000 | PA      | $5018702.50    | 0.02%             | 2038-07-22      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag                | Wells Fargo Commercial Mortgage Trust                                                                | CUSIP: 95000FAW6<br>LEI: 549300MZIB10PDVAE312 | Long             | ABS-MBS          | CORP              | US        |   18347188 | PA      | $115572.60     | 0.00%             | 2048-07-15      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| AES CORP/THE                                  | AES Corp.                                                                                            | CUSIP: 00130HCC7<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |   17898000 | PA      | $17282809.23   | 0.06%             | 2030-07-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO Ltd                | Golub Capital Partners CLO 31M Ltd.                                                                  | CUSIP: 38180JAG5<br>LEI: 254900IYMACYUBOF5J66 | Long             | ABS-O            | CORP              | KY        |    2250000 | PA      | $2265139.80    | 0.01%             | 2037-11-05      | Floating      | 6.62%                 | No            |                  2 | On Loan: No      |
| AP GRANGE HOLDINGS LLC                        | AP Grange Holdings LLC                                                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | KY        |  155100000 | PA      | $163630500.00  | 0.55%             | 2045-03-20      | Fixed         | 6.50%                 | No            |                  3 | On Loan: No      |
| VALVOLINE INC                                 | Valvoline, Inc.                                                                                      | CUSIP: N/A<br>LEI: 549300CMHPBEY6VPOT75       | Long             | LON              | CORP              | US        |    2300000 | PA      | $2306716.00    | 0.01%             | 2032-03-19      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| FIGRE Trust                                   | FIGRE Trust                                                                                          | CUSIP: 31684GAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    9659976 | PA      | $9849390.05    | 0.03%             | 2054-07-25      | Variable      | 5.94%                 | No            |                  2 | On Loan: No      |
| GSAA Home Equity Trust                        | GSAA Home Equity Trust                                                                               | CUSIP: 362334GS7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   11636218 | PA      | $3705700.37    | 0.01%             | 2036-03-25      | Floating      | 4.63%                 | No            |                  2 | On Loan: No      |
| BSPRT Issuer, Ltd.                            | BSPRT 2025-FL12 Issuer LLC                                                                           | CUSIP: 05619BAE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   12600000 | PA      | $12563157.60   | 0.04%             | 2043-01-17      | Floating      | 6.05%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                   | Freddie Mac                                                                                          | CUSIP: 3137H5YZ4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    2296595 | PA      | $1437470.13    | 0.00%             | 2052-03-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FOUNDRY JV HOLDCO LLC                         | Foundry JV Holdco LLC                                                                                | CUSIP: 350930AA1<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |   20056000 | PA      | $20893673.94   | 0.07%             | 2034-01-25      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| GMAC Commercial Mortgage Asset                | GMAC Commercial Mortgage Asset Corp.                                                                 | CUSIP: 36186XAB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2500000 | PA      | $1991249.28    | 0.01%             | 2050-07-10      | Fixed         | 5.25%                 | No            |                  3 | On Loan: No      |
| Freddie Mac                                   | Freddie Mac                                                                                          | CUSIP: 3142GSN38<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  116706715 | PA      | $120510865.87  | 0.41%             | 2054-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SPEEDSTER MIV SCSP                            | Speedster Bidco GmbH                                                                                 | CUSIP: N/A<br>LEI: 254900LE837QB2YYV824       | Long             | LON              | CORP              | DE        |   10200000 | PA      | $12037341.47   | 0.04%             | 2031-12-10      | Variable      | 5.62%                 | No            |                  2 | On Loan: No      |
| Dominos Pizza Master Issuer LL                | Domino's Pizza Master Issuer LLC                                                                     | CUSIP: 25755TAH3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    7802000 | PA      | $7750139.33    | 0.03%             | 2047-07-25      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| FIGRE Trust                                   | FIGRE Trust                                                                                          | CUSIP: 31684DAB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2895847 | PA      | $2918540.45    | 0.01%             | 2054-12-25      | Variable      | 5.87%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                | Ginnie Mae                                                                                           | CUSIP: 38381NQ50<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   54572702 | PA      | $55133414.28   | 0.19%             | 2052-03-20      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| IQVIA INC                                     | IQVIA, Inc.                                                                                          | CUSIP: 46266TAG3<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    7315000 | PA      | $7520851.42    | 0.03%             | 2032-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                   | Freddie Mac                                                                                          | CUSIP: 31427MHY0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1890322 | PA      | $1727885.46    | 0.01%             | 2053-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Hotwire Funding LLC                           | Hotwire Funding LLC                                                                                  | CUSIP: 44148JAH2<br>LEI: 254900ZCO90MCT7Y9348 | Long             | ABS-O            | CORP              | US        |   22750000 | PA      | $23134861.75   | 0.08%             | 2054-06-20      | Fixed         | 5.89%                 | No            |                  2 | On Loan: No      |
| VALEA FOUNDATION                              | Allwyn Entertainment Financing UK plc                                                                | CUSIP: N/A<br>LEI: 315700J7ZTIN8XGCX365       | Long             | DBT              | CORP              | GB        |    3780000 | PA      | $4666071.50    | 0.02%             | 2030-04-30      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| BX Trust                                      | BX Commercial Mortgage Trust                                                                         | CUSIP: 05613QAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3644885 | PA      | $3652857.72    | 0.01%             | 2041-10-15      | Floating      | 5.94%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                   | Freddie Mac                                                                                          | CUSIP: 3128MJXF2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     136192 | PA      | $131197.32     | 0.00%             | 2045-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3136BHJ34<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     143445 | PA      | $84857.24      | 0.00%             | 2050-11-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                     | Towd Point Mortgage Trust 2025-FIX1                                                                  | CUSIP: 89183MAA1<br>LEI: 2549009GWN99QN2XSG71 | Long             | ABS-MBS          | CORP              | US        |    7300000 | PA      | $7296262.40    | 0.02%             | 2045-07-25      | Variable      | 4.97%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan                 | New Residential Mortgage Loan Trust                                                                  | CUSIP: 64832CAD5<br>LEI: 2138002D8CMDYG7QOU84 | Long             | ABS-MBS          | CORP              | US        |    8357727 | PA      | $8434286.55    | 0.03%             | 2065-05-25      | Variable      | 5.73%                 | No            |                  2 | On Loan: No      |
| STORE Master Funding LLC                      | STORE Master Funding LLC                                                                             | CUSIP: 86190BAD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3506861 | PA      | $3098489.07    | 0.01%             | 2051-06-20      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                      | Angel Oak Mortgage Trust                                                                             | CUSIP: 034942AA0<br>LEI: 254900NLG610771ZLP05 | Long             | ABS-MBS          | CORP              | US        |   14929082 | PA      | $15079865.55   | 0.05%             | 2069-01-25      | Variable      | 5.99%                 | No            |                  2 | On Loan: No      |
| Banc of America Commercial Mor                | Bank of America Merrill Lynch Commercial Mortgage Trust                                              | CUSIP: 06427DAT0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   20200142 | PA      | $168426.76     | 0.00%             | 2050-02-15      | Variable      | 0.99%                 | No            |                  2 | On Loan: No      |
| LCM Ltd Partnership                           | LCM XXIV Ltd.                                                                                        | CUSIP: 50188YAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   19186702 | PA      | $19170968.55   | 0.07%             | 2030-03-20      | Floating      | 5.99%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FIN SVCS INC                         | PennyMac Financial Services, Inc.                                                                    | CUSIP: 70932MAH0<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |   13145000 | PA      | $13409030.47   | 0.05%             | 2034-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD FINANCE INC                        | Brookfield Finance, Inc.                                                                             | CUSIP: 11271LAJ1<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |    9380000 | PA      | $6749447.94    | 0.02%             | 2052-02-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| KUVARE US HOLDINGS INC                        | Kuvare US Holdings, Inc.                                                                             | CUSIP: 50149XAA2<br>LEI: 254900MGBERNLZXF7O58 | Long             | EP               | CORP              | US        |   10715000 | NS      | $10664425.20   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America, N.A.                         | Foreign Exchange EUR/USD                                                                             | CUSIP: N/A<br>LEI: B4TYDEB6GKMZO031MB27       | N/A              | DFE              |  | US        |   93577000 | NC      | $275.81        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UNITED WHOLESALE MTGE LL                      | United Wholesale Mortgage LLC                                                                        | CUSIP: 91153LAA5<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |   23739000 | PA      | $23730491.94   | 0.08%             | 2025-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PARKLAND CORP                                 | Parkland Corp.                                                                                       | CUSIP: 70137WAL2<br>LEI: 549300UY5C6HUV0XLS53 | Long             | DBT              | CORP              | CA        |   15663000 | PA      | $15228550.67   | 0.05%             | 2030-05-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| TARA TOPCO LTD                                | Ardonagh Finco Ltd.                                                                                  | CUSIP: N/A<br>LEI: 254900D2T84O1K03BA28       | Long             | DBT              | CORP              | JE        |     850000 | PA      | $1031678.09    | 0.00%             | 2031-02-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| PEER HOLDING I BV                             | Peer Holding III BV                                                                                  | CUSIP: N/A<br>LEI: 7245002S0K5Q59JCVQ03       | Long             | LON              | CORP              | NL        |    6750000 | PA      | $6750000.00    | 0.02%             | 2032-09-25      | Variable      | 2.25%                 | No            |                  2 | On Loan: No      |
| BXMT Ltd                                      | BXMT Ltd.                                                                                            | CUSIP: 05608XAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   23550000 | PA      | $23463161.73   | 0.08%             | 2037-11-15      | Floating      | 6.51%                 | No            |                  2 | On Loan: No      |
| YAMANA GOLD INC                               | Yamana Gold, Inc.                                                                                    | CUSIP: 98462YAD2<br>LEI: 54930002VY22NXG01418 | Long             | DBT              | CORP              | CA        |    3000000 | PA      | $3004129.20    | 0.01%             | 2027-12-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Nomura Resecuritization Trust                 | Nomura Resecuritization Trust                                                                        | CUSIP: 65540WCC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     201650 | PA      | $197366.04     | 0.00%             | 2036-03-26      | Floating      | 1.42%                 | No            |                  2 | On Loan: No      |
| TENN VAL AUTH CPN STRIP                       | Tennessee Valley Authority                                                                           | CUSIP: 88059E7H1<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |    1612000 | PA      | $320383.39     | 0.00%             | 2055-09-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| JANE STREET GROUP LLC                         | Jane Street Group LLC                                                                                | CUSIP: N/A<br>LEI: 5493002N1IVX6KHGYO08       | Long             | LON              | CORP              | US        |   44817279 | PA      | $44443950.65   | 0.15%             | 2031-12-15      | Variable      | 6.20%                 | No            |                  2 | On Loan: No      |
| FIGRE Trust                                   | FIGRE Trust                                                                                          | CUSIP: 30191LAB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6184588 | PA      | $6261105.31    | 0.02%             | 2055-01-25      | Variable      | 5.93%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Military Housing B                | Freddie Mac Military Housing Bonds Resecuritization Trust Certificates                               | CUSIP: 35563CAA6<br>LEI: 549300ZG8WH0M4JSUM77 | Long             | ABS-MBS          | USGSE             | US        |   66821939 | PA      | $58841929.34   | 0.20%             | 2055-11-25      | Variable      | 4.65%                 | Yes           |                  2 | On Loan: No      |
| BrightSpire Capital, Inc                      | BRSP Ltd.                                                                                            | CUSIP: 05613BAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    5650000 | PA      | $5650386.46    | 0.02%             | 2037-08-19      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| VMED O2 UK LTD                                | Virgin Media Vendor Financing Notes III DAC                                                          | CUSIP: N/A<br>LEI: 2138001LVYC87DDHT482       | Long             | DBT              | CORP              | GB        |    5000000 | PA      | $6549861.81    | 0.02%             | 2028-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| API HEAT TRANSFER THERMASYS CORP              | API Heat Transfer Thermasys Corp.                                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |      19962 | PA      | $19961.80      | 0.00%             | 2027-11-12      | Variable      | 12.30%                | No            |                  3 | On Loan: No      |
| GS Mortgage Securities Trust                  | GS Mortgage Securities Trust                                                                         | CUSIP: 36253PAE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   39642272 | PA      | $528475.10     | 0.00%             | 2050-05-10      | Variable      | 1.14%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                 | Citigroup, Inc.                                                                                      | CUSIP: 172967PR6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EP               | CORP              | US        |   35721000 | NS      | $36266320.36   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| VIPER ENERGY PARTNERS LL                      | Viper Energy Partners LLC                                                                            | CUSIP: 92764MAB0<br>LEI: 54930010ZZ02MRGRI973 | Long             | DBT              | CORP              | US        |   26575000 | PA      | $27019334.00   | 0.09%             | 2035-08-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| GCAT                                          | GCAT Trust                                                                                           | CUSIP: 36168MAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    9607513 | PA      | $9167930.03    | 0.03%             | 2067-04-25      | Variable      | 4.35%                 | No            |                  2 | On Loan: No      |
| API HEAT TRANSFER PARENT LLC                  | API Heat Transfer Intermediate                                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |         31 | NS      | $40379.97      | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| VALVOLINE INC                                 | Valvoline, Inc.                                                                                      | CUSIP: 92047WAG6<br>LEI: 549300CMHPBEY6VPOT75 | Long             | DBT              | CORP              | US        |   18300000 | PA      | $16779393.53   | 0.06%             | 2031-06-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| AP GRANGE HOLDINGS LLC                        | AP Grange Holdings LLC                                                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | KY        |   16400000 | PA      | $17056000.00   | 0.06%             | 2045-03-20      | Fixed         | 5.00%                 | No            |                  3 | On Loan: No      |
| Dryden Senior Loan Fund                       | Dryden 37 Senior Loan Fund                                                                           | CUSIP: 26249YAE1<br>LEI: 254900I0IPNA482LDS44 | Long             | ABS-O            | CORP              | KY        |    2987987 | PA      | $13574.13      | 0.00%             | 2031-01-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Great Lakes CLO Ltd                           | Great Lakes CLO Ltd.                                                                                 | CUSIP: 39055RAE2<br>LEI: 254900GKX01S4T3NFH46 | Long             | ABS-O            | CORP              | KY        |     461538 | PA      | $215477.78     | 0.00%             | 2029-10-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                              | Paramount Global                                                                                     | CUSIP: 124857AK9<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    6518000 | PA      | $5250286.02    | 0.02%             | 2044-08-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Woodward Capital Management                   | RCKT Mortgage Trust 2025-CES8                                                                        | CUSIP: 74939WAA8<br>LEI: 254900FCN7EI8DTYGA19 | Long             | ABS-MBS          | CORP              | US        |    9938654 | PA      | $9994966.78    | 0.03%             | 2055-08-25      | Variable      | 5.15%                 | No            |                  2 | On Loan: No      |
| Apollo Aviation Securitization                | AASET                                                                                                | CUSIP: 00258PAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   12486515 | PA      | $12756775.40   | 0.04%             | 2050-02-16      | Fixed         | 5.94%                 | No            |                  2 | On Loan: No      |
| LVNV FUNDING LLC                              | LVNV Funding LLC                                                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-O            | CORP              | US        |   39400000 | PA      | $41360599.95   | 0.14%             | 2028-11-05      | Fixed         | 7.80%                 | No            |                  3 | On Loan: No      |
| Sprite Limited                                | Sprite Ltd.                                                                                          | CUSIP: 85208UAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   13150830 | PA      | $12782845.86   | 0.04%             | 2046-11-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                   | Freddie Mac                                                                                          | CUSIP: 3142GSVG0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   94908094 | PA      | $96642236.39   | 0.33%             | 2054-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| STRIPS                                        | U.S. Treasury Bonds                                                                                  | CUSIP: 912834PZ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  290070000 | PA      | $106035456.89  | 0.36%             | 2046-02-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BXMT Ltd                                      | BXMT Ltd.                                                                                            | CUSIP: 12434LAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    6008500 | PA      | $5936568.64    | 0.02%             | 2038-02-15      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding                | Avis Budget Rental Car Funding AESOP LLC                                                             | CUSIP: 05377RHN7<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |   15350000 | PA      | $16289489.08   | 0.06%             | 2030-02-20      | Fixed         | 6.66%                 | No            |                  2 | On Loan: No      |
| Palmer Square CLO Ltd                         | Palmer Square CLO Ltd.                                                                               | CUSIP: 696924AN9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   19950000 | PA      | $20070296.51   | 0.07%             | 2037-10-20      | Floating      | 6.03%                 | No            |                  2 | On Loan: No      |
| UBS AG                                        | Foreign Exchange USD/JPY                                                                             | CUSIP: N/A<br>LEI: BFM8T61CT2L1QCEMIK50       | N/A              | DFE              |  | US        |   41765000 | NC      | $88329.22      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| DELTA PARENT HOLDINGS INC                     | Kroll, Inc.                                                                                          | CUSIP: N/A<br>LEI: 549300FDREJLOIGXY104       | Short            | LON              | CORP              | US        |   -2663750 | PA      | $-10405.27     | -0.00%            | 2032-09-03      | Variable      | 1.00%                 | No            |                  3 | On Loan: No      |
| AUST & NZ BANKING GROUP                       | Australia & New Zealand Banking Group Ltd.                                                           | CUSIP: 052528AM8<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | AU        |    1600000 | PA      | $1426872.82    | 0.00%             | 2035-11-25      | Variable      | 2.57%                 | No            |                  2 | On Loan: No      |
| SAVAGE ENTERPRISES LLC                        | Savage Enterprises LLC                                                                               | CUSIP: N/A<br>LEI: 549300OONATO5UYKLU88       | Long             | LON              | CORP              | US        |   10000000 | PA      | $10001800.00   | 0.03%             | 2032-08-05      | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| Cross Mortgage Trust                          | Cross Mortgage Trust                                                                                 | CUSIP: 22758PAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    9297833 | PA      | $9350514.59    | 0.03%             | 2070-03-25      | Variable      | 5.36%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 67120VAB1<br>LEI: 2549006BC0G3YEF5SL09 | Long             | ABS-MBS          | CORP              | US        |    6242542 | PA      | $6290018.40    | 0.02%             | 2064-11-25      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan                 | New Residential Mortgage Loan Trust                                                                  | CUSIP: 64832BAE5<br>LEI: 213800Z6O4V4V96AU133 | Long             | ABS-MBS          | CORP              | US        |   15081083 | PA      | $15123952.07   | 0.05%             | 2064-09-25      | Variable      | 5.42%                 | No            |                  2 | On Loan: No      |
| HarborView Mortgage Loan Trust                | HarborView Mortgage Loan Trust                                                                       | CUSIP: 41162DAF6<br>LEI: 549300SZXFEQICAU3R39 | Long             | ABS-MBS          | CORP              | US        |    3864152 | PA      | $3409786.23    | 0.01%             | 2038-01-19      | Floating      | 4.63%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities                 | GS Mortgage-Backed Securities Trust 2025-NQM3                                                        | CUSIP: 36274TAB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3427809 | PA      | $3431455.83    | 0.01%             | 2065-11-25      | Variable      | 5.34%                 | No            |                  2 | On Loan: No      |
| HLEND CLO LLC                                 | Hlend CLO LLC                                                                                        | CUSIP: 403961AC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    7550000 | PA      | $7522373.04    | 0.03%             | 2037-01-20      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                             | NatWest Group plc                                                                                    | CUSIP: 639057AH1<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    9600000 | PA      | $10303521.89   | 0.03%             | 2034-03-02      | Variable      | 6.02%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3138LMK69<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1164999 | PA      | $1037097.77    | 0.00%             | 2048-02-01      | Fixed         | 3.74%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                   | Freddie Mac                                                                                          | CUSIP: 3137H32U5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     259972 | PA      | $135260.23     | 0.00%             | 2051-10-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank                         | CURRENCY CONTRACT - Rec EUR / Deliver USD                                                            | CUSIP: N/A<br>LEI: PT3QB789TSUIDF371261       | N/A              | DFE              |  | US        |    2830000 | NC      | $-13919.80     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Freddie Mac                                   | Freddie Mac                                                                                          | CUSIP: 3137H7AY9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      81000 | PA      | $65903.79      | 0.00%             | 2052-05-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                               | U.S. Treasury Notes                                                                                  | CUSIP: 91282CNN7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    4203000 | PA      | $4228283.65    | 0.01%             | 2030-07-31      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| MARATHON PETROLEUM CORP                       | Marathon Petroleum Corp.                                                                             | CUSIP: 56585AAF9<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | DBT              | CORP              | US        |    1650000 | PA      | $1778551.15    | 0.01%             | 2041-03-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| WOMENS CARE HOLDINGS INC                      | Women's Care Holdings, Inc.                                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   15394166 | PA      | $13970205.33   | 0.05%             | 2028-01-15      | Variable      | 8.91%                 | No            |                  2 | On Loan: No      |
| DOW CHEMICAL CO/THE                           | Dow Chemical Co.                                                                                     | CUSIP: 260543DH3<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |   12940000 | PA      | $13825659.80   | 0.05%             | 2053-05-15      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| DARLING INGREDIENTS INC                       | Darling Global Finance B.V.                                                                          | CUSIP: N/A<br>LEI: L1N0SPPKS7EXZYUMZ898       | Long             | DBT              | CORP              | US        |    9350000 | PA      | $11085033.03   | 0.04%             | 2032-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FARMERS INS EXCH                              | Farmers Insurance Exchange                                                                           | CUSIP: 309601AG7<br>LEI: 549300UWG2TLX1GZVT44 | Long             | DBT              | CORP              | US        |   28140000 | PA      | $29209323.94   | 0.10%             | 2064-10-15      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| EASTERN GAS TRAN                              | Eastern Gas Transmission & Storage, Inc.                                                             | CUSIP: 276480AD2<br>LEI: H2VQBNB3NSKRM5QWBI71 | Long             | DBT              | CORP              | US        |     500000 | PA      | $436354.06     | 0.00%             | 2044-12-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| CLEAN HARBORS INC                             | Clean Harbors, Inc.                                                                                  | CUSIP: 184496AR8<br>LEI: 5493000SJVZVZJKHJF48 | Long             | DBT              | CORP              | US        |   13075000 | PA      | $13189220.98   | 0.04%             | 2033-10-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BofA Securities, Inc.                         | U.S. Secured Overnight Financing Rate                                                                | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | N/A              | DIR              |  | US        |  650000000 | OU      | $8571771.00    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140QVE59<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  177717042 | PA      | $183376218.78  | 0.62%             | 2054-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                              | COLT Mortgage Loan Trust                                                                             | CUSIP: 19688TAC9<br>LEI: 2138001HZNOLT1K3WY73 | Long             | ABS-MBS          | CORP              | US        |    2792369 | PA      | $2809767.43    | 0.01%             | 2069-02-25      | Variable      | 6.14%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trus                | BRAVO Residential Funding Trust Series 2025-NQM8                                                     | CUSIP: 10571JAE6<br>LEI: 254900Z6C8GAQR4M4U49 | Long             | ABS-MBS          | CORP              | US        |   16469292 | PA      | $16500824.10   | 0.06%             | 2065-06-25      | Variable      | 5.59%                 | No            |                  2 | On Loan: No      |
| ENSTAR GROUP LTD                              | Enstar Group Ltd.                                                                                    | CUSIP: 29359UAD1<br>LEI: 213800AMAL5QFXVUCN04 | Long             | DBT              | CORP              | BM        |   16125000 | PA      | $16816988.25   | 0.06%             | 2045-04-01      | Variable      | 7.50%                 | No            |                  2 | On Loan: No      |
| QORVO INC                                     | Qorvo, Inc.                                                                                          | CUSIP: 74736KAJ0<br>LEI: 254900YAUJV2EUEVBR11 | Long             | DBT              | CORP              | US        |    8245000 | PA      | $7575360.06    | 0.03%             | 2031-04-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| NATIONAL AUSTRALIA BANK                       | National Australia Bank Ltd.                                                                         | CUSIP: 632525BB6<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | DBT              | CORP              | AU        |   14550000 | PA      | $13185775.85   | 0.04%             | 2037-01-12      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| COSTAR GROUP INC                              | CoStar Group, Inc.                                                                                   | CUSIP: 22160NAA7<br>LEI: 984500Q1D53D08E2E698 | Long             | DBT              | CORP              | US        |   91480000 | PA      | $83747988.73   | 0.28%             | 2030-07-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| YAK BLOCKER 2 LLC                             | YAK BLOCKER 2 LLC                                                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      44094 | NS      | $36176.80      | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| PERSHING SQUARE TONTINE HOLDINGS LTD          | Pershing Square Tontine Holdings, Ltd. - Class A                                                     | CUSIP: N/A<br>LEI: 549300ZDVEYEVCF35B08       | Long             | EC               | CORP              | US        |    9315080 | NS      | $931.51        | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| SIX FLAGS ENT/SIX FLAG                        | Six Flags Entertainment Corporation /Six Flags Theme Parks Incorporated/ Canada's Wonderland Co.     | CUSIP: 83002YAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     750000 | PA      | $764109.75     | 0.00%             | 2032-05-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| LIBERTY MUTUAL GROUP INC                      | Liberty Mutual Group, Inc.                                                                           | CUSIP: 53079EBL7<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |   74981000 | PA      | $47211184.55   | 0.16%             | 2061-02-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Extended Stay America Trust                   | Extended Stay America Trust                                                                          | CUSIP: 30227FAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5439130 | PA      | $5439130.26    | 0.02%             | 2038-07-15      | Floating      | 5.96%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mor                | JP Morgan Chase Commercial Mortgage Securities Trust                                                 | CUSIP: 46654EAJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   14350000 | PA      | $12680188.08   | 0.04%             | 2038-06-15      | Floating      | 6.36%                 | No            |                  2 | On Loan: No      |
| PRIME PROPERTY FUND LLC                       | Prime Property Fund                                                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |   36000000 | PA      | $36180687.60   | 0.12%             | 2035-07-15      | Fixed         | 5.81%                 | No            |                  3 | On Loan: No      |
| Credit Suisse Mortgage Trust                  | CSMC Trust                                                                                           | CUSIP: 12598JAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   42481378 | PA      | $42285267.34   | 0.14%             | 2061-07-27      | Variable      | 4.20%                 | No            |                  2 | On Loan: No      |
| HOST HOTELS & RESORTS LP                      | Host Hotels & Resorts, LP                                                                            | CUSIP: 44107TAZ9<br>LEI: FXB7X4WXVA8QPMNOGS12 | Long             | DBT              | CORP              | US        |   41072000 | PA      | $38560711.29   | 0.13%             | 2030-09-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Allegro CLO Ltd                               | Allegro CLO VII Ltd.                                                                                 | CUSIP: 01750CAQ6<br>LEI: 635400EBXLHIKFL2MP73 | Long             | ABS-O            | CORP              | KY        |    2500000 | PA      | $2503500.00    | 0.01%             | 2031-06-13      | Floating      | 6.32%                 | No            |                  2 | On Loan: No      |
| Vantage Data Centers LLC                      | Vantage Data Centers Issuer LLC                                                                      | CUSIP: 92212KAG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   30550000 | PA      | $30615749.71   | 0.10%             | 2054-09-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| BLUE OWL GP STAKES III                        | Dyal Capital Partners III (A), LP                                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |    5880000 | PA      | $5930906.75    | 0.02%             | 2044-06-15      | Fixed         | 6.55%                 | No            |                  3 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                       | Goldman Sachs Group, Inc.                                                                            | CUSIP: 38141GB52<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EP               | CORP              | US        |    9350000 | NS      | $9489436.55    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| SBA COMMUNICATIONS CORP                       | SBA Senior Finance II LLC                                                                            | CUSIP: N/A<br>LEI: 549300PVT2ADFWMYEW87       | Long             | LON              | CORP              | US        |   13364322 | PA      | $13403746.36   | 0.05%             | 2031-01-25      | Variable      | 5.92%                 | No            |                  2 | On Loan: No      |
| ENCORE CAPITAL GROUP INC                      | Encore Capital Group, Inc.                                                                           | CUSIP: 292554AR3<br>LEI: 5493000UVC6H49CIH830 | Long             | DBT              | CORP              | US        |    9950000 | PA      | $10566362.70   | 0.04%             | 2030-05-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3136BWY91<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   17428827 | PA      | $17448256.72   | 0.06%             | 2052-05-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TVA PRIN STRIP                                | Tennessee Valley Authority Principal Strips                                                          | CUSIP: 88059EN59<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |   38804000 | PA      | $11840380.93   | 0.04%             | 2048-01-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Switch ABS Issuer, LLC                        | Switch ABS Issuer LLC                                                                                | CUSIP: 871044AL7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   35700000 | PA      | $35368579.05   | 0.12%             | 2055-03-25      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                        | Bank of New York Mellon Corp.                                                                        | CUSIP: 064058AR1<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EP               | CORP              | US        |    8680000 | NS      | $8776912.20    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| CMFT Net Lease Master Issuer L                | CMFT Net Lease Master Issuer LLC                                                                     | CUSIP: 12575AAE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   10050000 | PA      | $9324664.37    | 0.03%             | 2051-07-20      | Fixed         | 2.91%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140LDRL5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2384496 | PA      | $1743490.92    | 0.01%             | 2051-09-01      | Fixed         | 2.49%                 | No            |                  2 | On Loan: No      |
| Vantage Data Centers LLC                      | Vantage Data Centers LLC                                                                             | CUSIP: 92212KAH9<br>LEI: 5493000RL8X7WTQ7HO20 | Long             | ABS-O            | CORP              | US        |   41150000 | PA      | $41358412.41   | 0.14%             | 2055-08-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Legacy Mortgage Asset Trust                   | Legacy Mortgage Asset Trust                                                                          | CUSIP: 52474XAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   28135928 | PA      | $28133550.38   | 0.10%             | 2061-07-25      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| TEXAS ST TRANSPRTN COMMISSION                 | Central Texas Turnpike System Revenue Bonds                                                          | CUSIP: 88283KBL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    3150000 | PA      | $2448931.28    | 0.01%             | 2041-08-15      | Fixed         | 3.03%                 | No            |                  2 | On Loan: No      |
| Apollo Aviation Securitization                | AASET Ltd.                                                                                           | CUSIP: 00038QAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   47848364 | PA      | $48791622.48   | 0.17%             | 2049-09-16      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| WILLIAM CARTER                                | William Carter Co.                                                                                   | CUSIP: 96926JAC1<br>LEI: TGI2A0HXEYNQPU7TYV27 | Long             | DBT              | CORP              | US        |    3450000 | PA      | $3452072.52    | 0.01%             | 2027-03-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 67118KAA1<br>LEI: 2549001QDCO9VU0HH514 | Long             | ABS-MBS          | CORP              | US        |    4670500 | PA      | $4725952.42    | 0.02%             | 2063-12-25      | Variable      | 6.13%                 | No            |                  2 | On Loan: No      |
| HCA INC                                       | HCA, Inc.                                                                                            | CUSIP: 404119BS7<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    2775000 | PA      | $2778579.20    | 0.01%             | 2026-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| EAGLE POINT HOLDINGS BORROWER LLC             | Eagle Point Holdings Borrower, LLC                                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    5043838 | PA      | $5043838.00    | 0.02%             | 2028-03-31      | Variable      | 8.06%                 | No            |                  3 | On Loan: No      |
| Wingstop Funding LLC                          | Wingstop Funding LLC                                                                                 | CUSIP: 974153AD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1191000 | PA      | $1153959.66    | 0.00%             | 2052-03-05      | Fixed         | 3.73%                 | No            |                  2 | On Loan: No      |
| Navigator Aircraft ABS LLC                    | Navigator Aircraft ABS Ltd.                                                                          | CUSIP: 63943BAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   49246461 | PA      | $46710164.49   | 0.16%             | 2046-11-15      | Variable      | 2.77%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust                 | Citigroup Mortgage Loan Trust, Inc.                                                                  | CUSIP: 17311BAS2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   18887541 | PA      | $10580568.29   | 0.04%             | 2036-12-25      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| BLACK HILLS CORP                              | Black Hills Corp.                                                                                    | CUSIP: 092113AV1<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | DBT              | CORP              | US        |      50000 | PA      | $51915.57      | 0.00%             | 2028-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Altde Trust                                   | ALTDE Trust                                                                                          | CUSIP: 00166NAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   26309703 | PA      | $26926183.95   | 0.09%             | 2050-08-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| IXIS Real Estate Capital Trust                | IXIS Real Estate Capital Trust                                                                       | CUSIP: 45073DAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5463643 | PA      | $1108872.59    | 0.00%             | 2037-05-25      | Floating      | 4.43%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                               | U.S. Treasury Bonds                                                                                  | CUSIP: 912810QD3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  481310000 | PA      | $477399356.25  | 1.62%             | 2039-11-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| AZ BATTERY PROPERTY LLC                       | AZ Battery Property LLC                                                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |   16480000 | PA      | $16089689.16   | 0.05%             | 2046-02-20      | Fixed         | 6.73%                 | No            |                  3 | On Loan: No      |
| BRAVO Residential Funding Trus                | BRAVO Residential Funding Trust                                                                      | CUSIP: 105933AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   19817730 | PA      | $19665692.81   | 0.07%             | 2062-05-25      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| Textainer Marine Containers Li                | Textainer Marine Containers VII Ltd.                                                                 | CUSIP: 88315LAQ1<br>LEI: 549300X48KLHDDGPK024 | Long             | ABS-O            | CORP              | BM        |    2101667 | PA      | $1970939.22    | 0.01%             | 2046-04-20      | Fixed         | 2.23%                 | No            |                  2 | On Loan: No      |
| Castlelake Aircraft Structured                | Castlelake Aircraft Securitization Trust                                                             | CUSIP: 14856CAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3740237 | PA      | $3691605.90    | 0.01%             | 2043-06-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| AMERICAN NATIONAL GROUP                       | American National Group, Inc.                                                                        | CUSIP: 02772AAA7<br>LEI: 549300RK5RZQ740FPL83 | Long             | DBT              | CORP              | US        |    2000000 | PA      | $2097253.36    | 0.01%             | 2032-06-13      | Fixed         | 6.14%                 | No            |                  2 | On Loan: No      |
| CLIFFWATER LLC                                | Cliffwater LLC                                                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   19574017 | PA      | $19512418.81   | 0.07%             | 2032-04-22      | Variable      | 9.31%                 | No            |                  3 | On Loan: No      |
| HOMES Trust                                   | HOMES Trust                                                                                          | CUSIP: 437920AE1<br>LEI: 254900GDF2MBHUV58Z95 | Long             | ABS-MBS          | CORP              | US        |    4895954 | PA      | $4925833.27    | 0.02%             | 2059-10-25      | Variable      | 5.98%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                 | Citigroup, Inc.                                                                                      | CUSIP: 172967QF1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    3480000 | PA      | $3481881.22    | 0.01%             | 2031-09-11      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 67119CAA8<br>LEI: 254900Y1YRD8JNADSC78 | Long             | ABS-MBS          | CORP              | US        |    6676711 | PA      | $6769545.00    | 0.02%             | 2064-05-25      | Variable      | 6.23%                 | No            |                  2 | On Loan: No      |
| PERRIGO COMPANY PLC                           | Perrigo Finance Unlimited Co.                                                                        | CUSIP: N/A<br>LEI: 549300E86RB6YCTMRM83       | Long             | DBT              | CORP              | IE        |    5000000 | PA      | $6069202.38    | 0.02%             | 2032-09-30      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                | Fannie Mae-Aces                                                                                      | CUSIP: 3136B9J32<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  196760144 | PA      | $15948413.15   | 0.05%             | 2035-03-25      | Variable      | 1.60%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trus                | BRAVO Residential Funding Trust                                                                      | CUSIP: 10570FAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4842334 | PA      | $4880129.62    | 0.02%             | 2063-12-01      | Variable      | 6.40%                 | No            |                  2 | On Loan: No      |
| Anchor Mortgage Trust                         | Anchor Mortgage Trust                                                                                | CUSIP: 03290CAA4<br>LEI: 254900S7O2LYCU17JI96 | Long             | ABS-MBS          | CORP              | US        |   11050000 | PA      | $11105366.03   | 0.04%             | 2040-05-25      | Variable      | 5.72%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust                        | Sequoia Mortgage Trust                                                                               | CUSIP: 81749YAL5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   12207312 | PA      | $12270437.03   | 0.04%             | 2055-07-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD FINANCE INC                        | Brookfield Finance, Inc.                                                                             | CUSIP: 11271LAB8<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |    9790000 | PA      | $8578844.64    | 0.03%             | 2047-09-20      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                               | U.S. Treasury Notes                                                                                  | CUSIP: 91282CNX5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   10024000 | PA      | $9972313.75    | 0.03%             | 2030-08-31      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| FAIR ISAAC CORP                               | Fair Isaac Corp.                                                                                     | CUSIP: 303250AG9<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |    1700000 | PA      | $1721153.39    | 0.01%             | 2033-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Cerberus                                      | Cerberus Loan Funding XLIV LLC                                                                       | CUSIP: 15674DAC8<br>LEI: 6354005DPIRML7EMPA20 | Long             | ABS-O            | CORP              | US        |   24950000 | PA      | $25206967.54   | 0.09%             | 2036-01-15      | Floating      | 7.52%                 | No            |                  2 | On Loan: No      |
| BX Trust                                      | BX Commercial Mortgage Trust                                                                         | CUSIP: 05609VAL9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   50379062 | PA      | $50221627.93   | 0.17%             | 2036-09-15      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                   | Freddie Mac                                                                                          | CUSIP: 3132DVMN2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  171303255 | PA      | $175420263.37  | 0.59%             | 2053-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FLUTTER TREASURY DAC                          | Flutter Treasury Designated Activity Co.                                                             | CUSIP: 344045AA7<br>LEI: 635400JE8VLL9UFVIC38 | Long             | DBT              | CORP              | IE        |   25950000 | PA      | $26796463.05   | 0.09%             | 2029-04-29      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| AMAZON CONSERVATION DAC                       | Amazon Conservation DAC                                                                              | CUSIP: 02315JAA2<br>LEI: 635400VMJ6EGNYN3YK31 | Long             | DBT              | CORP              | IE        |   16700000 | PA      | $17242750.00   | 0.06%             | 2042-01-16      | Fixed         | 6.03%                 | No            |                  2 | On Loan: No      |
| DYNASTY PARENT HOLDINGS LP                    | StandardAero                                                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | CA        |    2168767 | PA      | $2168658.45    | 0.01%             | 2031-10-31      | Variable      | 6.16%                 | No            |                  2 | On Loan: No      |
| GLOBE LIFE INC                                | Globe Life, Inc.                                                                                     | CUSIP: 37959EAC6<br>LEI: 5493001JFHKQOPP6XA71 | Long             | DBT              | CORP              | US        |    9810000 | PA      | $10285431.45   | 0.03%             | 2034-09-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| SIGNATURE AVIATION US HOLDCO LP               | Brown Group Holding LLC                                                                              | CUSIP: N/A<br>LEI: 25490094PF4HHK9QS109       | Long             | LON              | CORP              | US        |    4920779 | PA      | $4922845.67    | 0.02%             | 2031-07-01      | Variable      | 6.66%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Residential Mor                | Morgan Stanley Residential Mortgage Loan Trust                                                       | CUSIP: 61776UAD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7177283 | PA      | $7184234.37    | 0.02%             | 2069-07-25      | Variable      | 5.35%                 | No            |                  2 | On Loan: No      |
| WEIR GROUP INC                                | Weir Group, Inc.                                                                                     | CUSIP: 94877DAA2<br>LEI: 2138009WEPEV2V98AV65 | Long             | DBT              | CORP              | US        |    1620000 | PA      | $1666567.29    | 0.01%             | 2030-05-06      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| CLAUDIUS LUXCO SARL                           | Cegid Group                                                                                          | CUSIP: N/A<br>LEI: 2221001BVBGKKRMMGO11       | Long             | LON              | CORP              | LU        |   18950000 | PA      | $22285164.40   | 0.08%             | 2030-01-31      | Variable      | 4.78%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                    | Verus Securitization Trust                                                                           | CUSIP: 92540XAA9<br>LEI: 213800Z7TIVJRAYLRV98 | Long             | ABS-MBS          | CORP              | US        |    2556560 | PA      | $2575838.36    | 0.01%             | 2070-06-25      | Variable      | 5.43%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag                | Wells Fargo Commercial Mortgage Trust                                                                | CUSIP: 95001GAG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   30635345 | PA      | $460593.22     | 0.00%             | 2050-12-15      | Variable      | 0.98%                 | No            |                  3 | On Loan: No      |
| PRIME SECURITY SERVICES TOPCO PARENT LP       | Prime Security Services Borrower LLC                                                                 | CUSIP: N/A<br>LEI: 549300O6QPZVWXV2DC15       | Long             | LON              | CORP              | US        |    4966294 | PA      | $4951096.89    | 0.02%             | 2030-10-13      | Variable      | 6.13%                 | No            |                  2 | On Loan: No      |
| AMERICA MOVIL SAB DE CV                       | America Movil SAB de CV                                                                              | CUSIP: 02364WAW5<br>LEI: 5493000FNR3UCEAONM59 | Long             | DBT              | CORP              | MX        |    3250000 | PA      | $3475989.92    | 0.01%             | 2040-03-30      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| AMERICAN NATIONAL GROUP                       | American National Group, Inc.                                                                        | CUSIP: 025676AR8<br>LEI: 549300RK5RZQ740FPL83 | Long             | DBT              | CORP              | US        |   12775000 | PA      | $13165633.95   | 0.04%             | 2055-12-01      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Tricon Residential                            | Tricon Residential Trust                                                                             | CUSIP: 89616YAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    9550000 | PA      | $9526582.45    | 0.03%             | 2041-08-17      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| THUNDERBIRD 2022-1                            | Lightning A                                                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-O            | CORP              | US        |   57700000 | PA      | $54536985.24   | 0.18%             | 2037-03-01      | Fixed         | 5.50%                 | No            |                  3 | On Loan: No      |
| Morgan Stanley Capital Services LLC           | CURRENCY CONTRACT - Rec USD / Deliver CAD                                                            | CUSIP: N/A<br>LEI: I7331LVCZKQKX5T7XV54       | N/A              | DFE              |  | US        |    -291000 | NC      | $1424.33       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK                        | Federal Home Loan Bank                                                                               | CUSIP: 3130AEHA1<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |     100000 | PA      | $83775.90      | 0.00%             | 2043-06-22      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| RGA GLOBAL FUNDING                            | RGA Global Funding                                                                                   | CUSIP: 76209PAF0<br>LEI: 549300Y22K5FOEBMSK42 | Long             | DBT              | CORP              | US        |    2700000 | PA      | $2753136.27    | 0.01%             | 2031-12-06      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| UNIFORM MBS                                   | Uniform MBS 30 Year                                                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-MBS          | CORP              | US        |  685727000 | PA      | $679460826.67  | 2.30%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FIGRE Trust                                   | FIGRE Trust                                                                                          | CUSIP: 30191LAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   18682611 | PA      | $18949588.85   | 0.06%             | 2055-01-25      | Variable      | 5.83%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP                          | Targa Resources Corp.                                                                                | CUSIP: 87612GAN1<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |     250000 | PA      | $251389.79     | 0.00%             | 2055-05-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Residential Mortgage Loan Trus                | Residential Mortgage Loan Trust                                                                      | CUSIP: 76119CAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      99296 | PA      | $98445.71      | 0.00%             | 2060-01-26      | Variable      | 2.68%                 | No            |                  2 | On Loan: No      |
| Cerberus                                      | Cerberus Loan Funding 51 LLC                                                                         | CUSIP: 15675QAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    8000000 | PA      | $8052432.80    | 0.03%             | 2037-10-15      | Floating      | 5.94%                 | No            |                  2 | On Loan: No      |
| DOMESTIC & GENERAL LTD                        | Galaxy Bidco Ltd.                                                                                    | CUSIP: N/A<br>LEI: 984500645A980C6A3639       | Long             | LON              | CORP              | JE        |   13250000 | PA      | $15641099.11   | 0.05%             | 2029-12-19      | Variable      | 6.04%                 | No            |                  2 | On Loan: No      |
| HOST HOTELS & RESORTS LP                      | Host Hotels & Resorts, LP                                                                            | CUSIP: 44107TBA3<br>LEI: FXB7X4WXVA8QPMNOGS12 | Long             | DBT              | CORP              | US        |   20200000 | PA      | $17973987.88   | 0.06%             | 2031-12-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Countrywide Asset-Backed Certi                | CWABS Asset-Backed Certificates Trust                                                                | CUSIP: 12667AAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5042117 | PA      | $4659439.56    | 0.02%             | 2036-12-25      | Floating      | 4.53%                 | No            |                  2 | On Loan: No      |
| YALE-NEW HAVEN HLTH SRVC                      | Yale-New Haven Health Services Corp.                                                                 | CUSIP: 98459HAA0<br>LEI: 549300AVJD56IH6OKW11 | Long             | DBT              | CORP              | US        |   32350000 | PA      | $19104560.68   | 0.06%             | 2050-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN GROUP INC                       | Jefferies Financial Group, Inc.                                                                      | CUSIP: 47233WEJ4<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |   13563000 | PA      | $14420134.40   | 0.05%             | 2034-04-14      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Ares Direct Lending CLO LLC                   | Ares Direct Lending CLO 2 LLC                                                                        | CUSIP: 04021CAG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   13600000 | PA      | $13655799.44   | 0.05%             | 2036-10-20      | Floating      | 6.68%                 | No            |                  2 | On Loan: No      |
| LoanCore Issuer, Ltd.                         | LoanCore                                                                                             | CUSIP: 53947FAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3300000 | PA      | $3278871.75    | 0.01%             | 2042-08-17      | Floating      | 5.98%                 | No            |                  2 | On Loan: No      |
| DYAL CAPITAL PARTNERS IV LP                   | Dyal Capital Partners IV                                                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |   27170000 | PA      | $24627402.33   | 0.08%             | 2041-02-22      | Fixed         | 3.65%                 | No            |                  3 | On Loan: No      |
| BANK OF NY MELLON CORP                        | Bank of New York Mellon Corp.                                                                        | CUSIP: 06406RBZ9<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    3350000 | PA      | $3461296.05    | 0.01%             | 2032-07-22      | Variable      | 5.06%                 | No            |                  2 | On Loan: No      |
| WYNDHAM HOTELS & RESORTS INC                  | Wyndham Hotels & Resorts, Inc.                                                                       | CUSIP: N/A<br>LEI: 549300FE3MQ4RVXXC673       | Long             | LON              | CORP              | US        |    7524750 | PA      | $7546270.79    | 0.03%             | 2030-05-24      | Variable      | 5.91%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                     | Towd Point Mortgage Trust 2025-FIX1                                                                  | CUSIP: 89183MAB9<br>LEI: 2549009GWN99QN2XSG71 | Long             | ABS-MBS          | CORP              | US        |    7500000 | PA      | $7459853.78    | 0.03%             | 2045-07-25      | Variable      | 5.16%                 | No            |                  2 | On Loan: No      |
| GreenPoint Mortgage Funding Tr                | GreenPoint Mortgage Funding Trust                                                                    | CUSIP: 39538WFH6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      80783 | PA      | $71737.15      | 0.00%             | 2036-02-25      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| LVNV FUNDING LLC                              | LVNV Funding LLC                                                                                     | CUSIP: N/A<br>LEI: 549300YMNWAZ7DKR6204       | Long             | ABS-O            | CORP              | US        |   11400000 | PA      | $11685471.62   | 0.04%             | 2029-06-12      | Fixed         | 6.84%                 | No            |                  3 | On Loan: No      |
| NOKIA OYJ                                     | Nokia Oyj                                                                                            | CUSIP: 654902AC9<br>LEI: 549300A0JPRWG1KI7U06 | Long             | DBT              | CORP              | FI        |    3240000 | PA      | $3406429.08    | 0.01%             | 2039-05-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| PFP III                                       | PFP 2025-12 Ltd.                                                                                     | CUSIP: 69382JAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    7554000 | PA      | $7542502.81    | 0.03%             | 2042-12-18      | Floating      | 5.88%                 | No            |                  2 | On Loan: No      |
| RYAN SPECIALTY                                | Ryan Specialty LLC                                                                                   | CUSIP: 78351GAA3<br>LEI: 549300K52N7QBO3PYY45 | Long             | DBT              | CORP              | US        |    7573000 | PA      | $7657711.58    | 0.03%             | 2032-08-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ATLANTIC MARINE CORP COM                      | Atlantic Marine Corporations Communities LLC                                                         | CUSIP: 048677AC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     718710 | PA      | $629975.50     | 0.00%             | 2050-12-01      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 67448PAC7<br>LEI: 254900MY906NOBBPOA44 | Long             | ABS-MBS          | CORP              | US        |    2386909 | PA      | $2396617.49    | 0.01%             | 2064-07-25      | Variable      | 5.83%                 | No            |                  2 | On Loan: No      |
| INTL FLAVOR & FRAGRANCES                      | International Flavors & Fragrances, Inc.                                                             | CUSIP: 459506AN1<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | DBT              | CORP              | US        |    8844000 | PA      | $8844000.00    | 0.03%             | 2025-10-01      | Fixed         | 1.23%                 | No            |                  2 | On Loan: No      |
| COBANK ACB                                    | CoBank ACB                                                                                           | CUSIP: 19075QAG7<br>LEI: P0J8I7M2E0A77CKF1705 | Long             | EP               | CORP              | US        |    8250000 | NS      | $8518956.85    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas                                   | 6-Month/5-Year Interest Rate Swap                                                                    | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | N/A              | DIR              |  | FR        | -135871875 | NC      | $-233342.28    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GXO LOGISTICS INC                             | GXO Logistics, Inc.                                                                                  | CUSIP: 36262GAF8<br>LEI: 5493007CNWMXN78JRN66 | Long             | DBT              | CORP              | US        |   13120000 | PA      | $13778102.61   | 0.05%             | 2029-05-06      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CREATIVE PLANNING HOLDCO LLC                  | CPI Holdco B LLC                                                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   20941375 | PA      | $20915198.28   | 0.07%             | 2031-05-17      | Variable      | 6.16%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                              | Altice France S.A.                                                                                   | CUSIP: 02156LAE1<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |    2290000 | PA      | $1969400.00    | 0.01%             | 2029-01-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| MSC MEDITERRANEAN SHIPPING CO SA              | Terminal Investment Limited Holding                                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | LU        |   33400000 | PA      | $33750670.94   | 0.11%             | 2040-10-01      | Fixed         | 6.23%                 | No            |                  3 | On Loan: No      |
| BXMT Ltd                                      | BXMT Ltd.                                                                                            | CUSIP: 05608XAE2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   10600000 | PA      | $10472098.28   | 0.04%             | 2037-11-15      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 67121UAC0<br>LEI: 254900FPAGVH6E25VL74 | Long             | ABS-MBS          | CORP              | US        |   23320717 | PA      | $23512718.87   | 0.08%             | 2065-05-25      | Variable      | 5.82%                 | No            |                  2 | On Loan: No      |
| PRUDENTIAL FINANCIAL INC                      | Prudential Financial, Inc.                                                                           | CUSIP: 744320BH4<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |   17139000 | PA      | $16009335.95   | 0.05%             | 2050-10-01      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140QR2M4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   18864606 | PA      | $18910214.01   | 0.06%             | 2053-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                    | Verus Securitization Trust                                                                           | CUSIP: 92540HAC0<br>LEI: 213800YE6HC7EZSFHW30 | Long             | ABS-MBS          | CORP              | US        |   10959018 | PA      | $11101253.99   | 0.04%             | 2069-06-25      | Variable      | 6.65%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO Ltd                | Golub Capital Partners CLO 54M L.P                                                                   | CUSIP: 38181GAE5<br>LEI: 2549007JA1TZWEDGPD41 | Long             | ABS-O            | CORP              | KY        |   21000000 | PA      | $20999598.90   | 0.07%             | 2037-08-05      | Floating      | 6.23%                 | No            |                  2 | On Loan: No      |
| TENN VALLEY AUTHORITY                         | Tennessee Valley Authority                                                                           | CUSIP: 880591EJ7<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |   60988000 | PA      | $54670436.04   | 0.19%             | 2060-09-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| FRONTDOOR INC                                 | Frontdoor, Inc.                                                                                      | CUSIP: N/A<br>LEI: 5493008RB0JZJI3QGZ06       | Long             | LON              | CORP              | US        |    2084250 | PA      | $2089460.63    | 0.01%             | 2031-12-19      | Variable      | 6.41%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, In                | RALI Series Trust                                                                                    | CUSIP: 74923LAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3392964 | PA      | $3137185.62    | 0.01%             | 2047-05-25      | Floating      | 4.65%                 | No            |                  2 | On Loan: No      |
| Sound Point CLO LTD                           | Sound Point CLO XXIV                                                                                 | CUSIP: 83614NAQ6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    5150000 | PA      | $5158032.97    | 0.02%             | 2034-10-25      | Floating      | 6.28%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                        | Venture Global LNG, Inc.                                                                             | CUSIP: 92332YAD3<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   10300000 | PA      | $11213848.96   | 0.04%             | 2032-02-01      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| CITADEL ENTERPRISE AMERICAS LLC               | Ceamer Finance LLC                                                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-O            | CORP              | US        |   27460445 | PA      | $28219016.60   | 0.10%             | 2039-11-15      | Fixed         | 6.79%                 | No            |                  3 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 67117YAB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2924339 | PA      | $2924338.83    | 0.01%             | 2062-09-25      | Variable      | 6.10%                 | No            |                  2 | On Loan: No      |
| Firstkey Homes Trust                          | FirstKey Homes Trust                                                                                 | CUSIP: 33767JBA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   13010000 | PA      | $12952050.86   | 0.04%             | 2037-10-19      | Fixed         | 3.37%                 | No            |                  2 | On Loan: No      |
| CUSHMAN & WAKEFIELD US                        | Cushman & Wakefield US Borrower LLC                                                                  | CUSIP: 23166MAA1<br>LEI: 549300870CMN3WI5IF97 | Long             | DBT              | CORP              | US        |    4710000 | PA      | $4752865.71    | 0.02%             | 2028-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST INC                   | Starwood Property Mortgage LLC                                                                       | CUSIP: N/A<br>LEI: 5493008SB15CNJRIOK13       | Long             | LON              | CORP              | US        |    3600000 | PA      | $3602268.00    | 0.01%             | 2032-08-14      | Variable      | 2.25%                 | No            |                  2 | On Loan: No      |
| PLAINS ALL AMER PIPELINE                      | Plains All American Pipeline Limited Partnership / PAA Finance Corp.                                 | CUSIP: 72650RBP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   37730000 | PA      | $38889365.93   | 0.13%             | 2034-09-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag                | Wells Fargo Commercial Mortgage Trust                                                                | CUSIP: 95000PAH7<br>LEI: 549300TRQQDPEF728F16 | Long             | ABS-MBS          | CORP              | US        |    9729406 | PA      | $51690.39      | 0.00%             | 2049-12-15      | Variable      | 0.92%                 | No            |                  2 | On Loan: No      |
| AHG FUNDING 2024A                             | Akso Health Group                                                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-O            | CORP              | US        |    8347759 | PA      | $8606697.03    | 0.03%             | 2044-12-31      | Fixed         | 7.27%                 | No            |                  3 | On Loan: No      |
| MAUSER PACKAGING SOLUT                        | Mauser Packaging Solutions Holding Co.                                                               | CUSIP: 57763RAD9<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |   23759000 | PA      | $23991909.48   | 0.08%             | 2027-04-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Cross Mortgage Trust                          | Cross 2025-H6 Mortgage Trust                                                                         | CUSIP: 22758TAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   16385272 | PA      | $16427772.03   | 0.06%             | 2070-07-25      | Variable      | 5.18%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX 2025-NQM16 Trust                                                                                 | CUSIP: 67122DAF0<br>LEI: 254900WI6P4MRT24JH23 | Long             | ABS-MBS          | CORP              | US        |    3500000 | PA      | $3489431.54    | 0.01%             | 2065-08-25      | Variable      | 5.06%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC           | 9-Month/5-Year Interest Rate Swap                                                                    | CUSIP: N/A<br>LEI: I7331LVCZKQKX5T7XV54       | N/A              | DIR              |  | US        | -440817500 | NC      | $-1553445.28   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| WAYSTAR TECHNOLOGIES INC                      | Waystar Technologies, Inc.                                                                           | CUSIP: N/A<br>LEI: 549300BIRBTAWWHCSZ09       | Long             | LON              | CORP              | US        |     257112 | PA      | $257003.72     | 0.00%             | 2029-10-22      | Variable      | 6.16%                 | No            |                  2 | On Loan: No      |
| GSAA Home Equity Trust                        | GSAA Home Equity Trust                                                                               | CUSIP: 36249BAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      54886 | PA      | $53012.93      | 0.00%             | 2037-07-25      | Floating      | 4.81%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140XLRG5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     828563 | PA      | $736873.32     | 0.00%             | 2052-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Taco Bell Funding, LLC                        | Taco Bell Funding LLC                                                                                | CUSIP: 87342RAL8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   24050000 | PA      | $24107070.65   | 0.08%             | 2055-08-25      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                      | JP Morgan Mortgage Trust                                                                             | CUSIP: 46658UAE1<br>LEI: 529900DB310G9HU4BP72 | Long             | ABS-MBS          | CORP              | US        |   14627013 | PA      | $14834571.60   | 0.05%             | 2055-06-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Guggenheim Partners Investment Management LLC | Guggenheim Ultra Short Duration Fund - Institutional Class                                           | CUSIP: 40169J523<br>LEI: N/A                  | Long             | EC               | RF                | US        |    3150353 | NS      | $31724051.72   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| GREENSAIF PIPELINES BIDC                      | Greensaif Pipelines Bidco SARL                                                                       | CUSIP: 39541EAC7<br>LEI: 549300YWDGUXPB8GRP47 | Long             | DBT              | CORP              | LU        |    6500000 | PA      | $7029627.48    | 0.02%             | 2042-02-23      | Fixed         | 6.51%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 31418FLR6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  107750492 | PA      | $108678940.13  | 0.37%             | 2055-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ACREC LLC                                     | Acrec LLC                                                                                            | CUSIP: 00112HAE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3250000 | PA      | $3214883.43    | 0.01%             | 2042-08-18      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE MUTUAL INSURA                      | Nationwide Mutual Insurance Co.                                                                      | CUSIP: 638671AN7<br>LEI: Z7LVXXWM8HZPKF5T2355 | Long             | DBT              | CORP              | US        |   60506000 | PA      | $47945034.88   | 0.16%             | 2050-04-30      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                        | NextEra Energy Capital Holdings, Inc.                                                                | CUSIP: 65339K837<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | EP               | CORP              | US        |     353400 | NS      | $9100050.00    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3138LKV46<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2554063 | PA      | $2216545.51    | 0.01%             | 2047-10-01      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| NASSAU COMPANIES OF NY                        | Nassau Companies of New York                                                                         | CUSIP: 63155AAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    9075000 | PA      | $9268433.63    | 0.03%             | 2030-07-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Life Financial Services Trust                 | Life Mortgage Trust                                                                                  | CUSIP: 53218CAL4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   13650000 | PA      | $13491872.94   | 0.05%             | 2038-03-15      | Floating      | 6.62%                 | No            |                  2 | On Loan: No      |
| Ace Securities Corp.                          | ACE Securities Corporation Home Equity Loan Trust Series                                             | CUSIP: 004421UU5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   11762249 | PA      | $11185796.84   | 0.04%             | 2035-12-25      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| FTAI AIRCRAFT LEASING SPV 2025 LP             | FTAI Aircraft Leasing Offshore SPV (2025), LP                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |   29785310 | NS      | $29785310.00   | 0.10%             |  |  |  | No            |                  3 | On Loan: No      |
| GREENSAIF PIPELINES BIDC                      | Greensaif Pipelines Bidco SARL                                                                       | CUSIP: 39541EAE3<br>LEI: 549300YWDGUXPB8GRP47 | Long             | DBT              | CORP              | LU        |   17000000 | PA      | $17878188.72   | 0.06%             | 2042-08-23      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| EAGLE FUNDING LUXCO SARL                      | Eagle Funding Luxco SARL                                                                             | CUSIP: 26951TAA8<br>LEI: 894500VDP08MVIZ6OA60 | Long             | DBT              | NUSS              | LU        |   35650000 | PA      | $36169064.00   | 0.12%             | 2030-08-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Novastar Home Equity Loan                     | NovaStar Mortgage Funding Trust Series                                                               | CUSIP: 669971AA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2400932 | PA      | $1560824.61    | 0.01%             | 2037-03-25      | Floating      | 4.53%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                               | CVS Health Corp.                                                                                     | CUSIP: 126650EG1<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |      30000 | PA      | $30967.05      | 0.00%             | 2054-12-10      | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, In                | RALI Series Trust                                                                                    | CUSIP: 74923TAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     717168 | PA      | $649922.40     | 0.00%             | 2047-03-25      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                           | Global Payments, Inc.                                                                                | CUSIP: 37940XAH5<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |   29335000 | PA      | $26305703.62   | 0.09%             | 2031-11-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                      | Warnermedia Holdings, Inc.                                                                           | CUSIP: 55903VBU6<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    3819000 | PA      | $2845155.00    | 0.01%             | 2052-03-15      | Fixed         | 5.14%                 | No            |                  2 | On Loan: No      |
| PMT Loan Trust                                | PMT Loan Trust 2025-INV8                                                                             | CUSIP: 73015EAG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   71311410 | PA      | $71851594.36   | 0.24%             | 2056-07-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC           | CURRENCY CONTRACT - Rec USD / Deliver EUR                                                            | CUSIP: N/A<br>LEI: I7331LVCZKQKX5T7XV54       | N/A              | DFE              |  | US        |   -2363000 | NC      | $-2868.52      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                        | Foreign Exchange USD/JPY                                                                             | CUSIP: N/A<br>LEI: BFM8T61CT2L1QCEMIK50       | N/A              | DFE              |  | US        |  -41765000 | NC      | $-5544.30      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MC Ltd                                        | MC Ltd.                                                                                              | CUSIP: 55283YAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | BM        |    7453503 | PA      | $7054702.12    | 0.02%             | 2035-11-05      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 67448YAD6<br>LEI: 254900MBGY6CR10DAX67 | Long             | ABS-MBS          | CORP              | US        |    7735269 | PA      | $7807385.82    | 0.03%             | 2064-12-01      | Variable      | 5.85%                 | No            |                  2 | On Loan: No      |
| Voya CLO Ltd                                  | Voya CLO Ltd.                                                                                        | CUSIP: 44986TAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   10575071 | PA      | $359552.41     | 0.00%             | 2030-10-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                      | BENCHMARK Mortgage Trust                                                                             | CUSIP: 08162YAK8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   94779322 | PA      | $1978878.51    | 0.01%             | 2062-12-15      | Variable      | 0.89%                 | No            |                  2 | On Loan: No      |
| BEACON FUNDING TRUST                          | Beacon Funding Trust                                                                                 | CUSIP: 073952AB9<br>LEI: 984500A80A2EBF5A7C93 | Long             | DBT              | CORP              | US        |   31900000 | PA      | $32644170.22   | 0.11%             | 2054-08-15      | Fixed         | 6.27%                 | No            |                  2 | On Loan: No      |
| Capmark Military Housing Trust                | Capmark Military Housing Trust                                                                       | CUSIP: 14069BAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6923860 | PA      | $6214709.66    | 0.02%             | 2052-02-10      | Fixed         | 5.75%                 | No            |                  3 | On Loan: No      |
| Freddie Mac Military Housing B                | Freddie Mac Military Housing Bonds Resecuritization Trust Certificates                               | CUSIP: 35563CAM0<br>LEI: 549300ZG8WH0M4JSUM77 | Long             | ABS-MBS          | USGSE             | US        |   10378743 | PA      | $8740217.90    | 0.03%             | 2052-10-25      | Variable      | 4.30%                 | No            |                  2 | On Loan: No      |
| Woodward Capital Management                   | RCKT Mortgage Trust                                                                                  | CUSIP: 74935WAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2879820 | PA      | $2898496.16    | 0.01%             | 2043-06-25      | Variable      | 6.51%                 | No            |                  2 | On Loan: No      |
| Securitized Asset Backed Recei                | Securitized Asset-Backed Receivables LLC Trust                                                       | CUSIP: 81377AAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3028360 | PA      | $1186128.77    | 0.00%             | 2036-07-25      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| FORT KNOX MILITARY HOUS                       | Fort Knox Military Housing Privatization Project                                                     | CUSIP: 347508AB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1601643 | PA      | $1274680.72    | 0.00%             | 2052-02-15      | Floating      | 4.61%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                              | BAT Capital Corp.                                                                                    | CUSIP: 05526DBK0<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    3950000 | PA      | $3361548.79    | 0.01%             | 2049-09-06      | Fixed         | 4.76%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - SCRT                            | Freddie Mac Seasoned Credit Risk Transfer Trust                                                      | CUSIP: 35563PSB6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    7798521 | PA      | $6216032.77    | 0.02%             | 2060-05-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| UNIFORM MBS                                   | Uniform MBS 15 Year                                                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-MBS          | CORP              | US        |  278049827 | PA      | $277647488.90  | 0.94%             | 2025-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| KINETIK HOLDINGS LP                           | Kinetik Holdings, LP                                                                                 | CUSIP: 49461MAB6<br>LEI: 549300RD6AJIMYC0HY12 | Long             | DBT              | CORP              | US        |    9316000 | PA      | $9562147.35    | 0.03%             | 2028-12-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                          | Bank of America Corp.                                                                                | CUSIP: 06051GMD8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   10000000 | PA      | $10242986.20   | 0.03%             | 2035-10-25      | Variable      | 5.52%                 | No            |                  2 | On Loan: No      |
| GLOBAL ATLANTIC FIN CO                        | Global Atlantic Finance Co.                                                                          | CUSIP: 37959GAD9<br>LEI: 98450051B2E65CAA7E94 | Long             | DBT              | CORP              | US        |   16619000 | PA      | $19258221.18   | 0.07%             | 2033-06-15      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| Legacy Mortgage Asset Trust                   | Legacy Mortgage Asset Trust                                                                          | CUSIP: 52475XAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   18363707 | PA      | $18361534.67   | 0.06%             | 2067-07-25      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| MB2 DENTAL SOLUTIONS LLC                      | MB2 Dental Solutions LLC                                                                             | CUSIP: N/A<br>LEI: 254900HDV9GEHEZLSQ19       | Long             | LON              | CORP              | US        |   19623945 | PA      | $19593287.55   | 0.07%             | 2031-02-13      | Variable      | 9.66%                 | No            |                  3 | On Loan: No      |
| WW INTERNATIONAL INC                          | Weight Watchers International, Inc.                                                                  | CUSIP: N/A<br>LEI: SGT8R1MU6ESIC7UJC518       | Long             | LON              | CORP              | US        |    3749221 | PA      | $3393044.69    | 0.01%             | 2030-06-24      | Variable      | 10.80%                | No            |                  2 | On Loan: No      |
| ARES CLO Ltd                                  | Ares LXVII CLO Ltd.                                                                                  | CUSIP: 039939AU7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | JE        |    5000000 | PA      | $4998749.50    | 0.02%             | 2038-01-25      | Floating      | 5.87%                 | No            |                  2 | On Loan: No      |
| ALLO Issuer, LLC                              | ALLO Issuer LLC                                                                                      | CUSIP: 01983KAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1000000 | PA      | $1018873.50    | 0.00%             | 2054-07-20      | Fixed         | 5.94%                 | No            |                  2 | On Loan: No      |
| Voya CLO Ltd                                  | VOYA CLO                                                                                             | CUSIP: 92920HAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   14750000 | PA      | $14816965.00   | 0.05%             | 2037-07-20      | Floating      | 6.13%                 | No            |                  2 | On Loan: No      |
| PEER HOLDING I BV                             | Peer Holding III BV                                                                                  | CUSIP: N/A<br>LEI: 7245002S0K5Q59JCVQ03       | Long             | LON              | CORP              | NL        |    4300000 | PA      | $5062245.19    | 0.02%             | 2031-11-26      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 673911AE3<br>LEI: 254900HMH8TR6ZSMCB34 | Long             | ABS-MBS          | CORP              | US        |    7001706 | PA      | $7060457.92    | 0.02%             | 2064-11-25      | Variable      | 6.01%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO Ltd                | Golub Capital Partners CLO 31M Ltd.                                                                  | CUSIP: 38180JAE0<br>LEI: 254900IYMACYUBOF5J66 | Long             | ABS-O            | CORP              | KY        |    9500000 | PA      | $9468145.55    | 0.03%             | 2037-11-05      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| ITT HOLDINGS LLC                              | ITT Holdings LLC                                                                                     | CUSIP: 45074JAA2<br>LEI: 549300TH2PHOLK31LB42 | Long             | DBT              | CORP              | US        |   38518000 | PA      | $37868378.52   | 0.13%             | 2029-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BNP Paribas                                   | 6-Month/5-Year Interest Rate Swap                                                                    | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | N/A              | DIR              |  | FR        | -135871875 | NC      | $-452620.47    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities                 | GS Mortgage-Backed Securities Trust 2025-NQM3                                                        | CUSIP: 36274TAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   17235605 | PA      | $17254048.44   | 0.06%             | 2065-11-25      | Variable      | 5.14%                 | No            |                  2 | On Loan: No      |
| GSAMP Trust                                   | GSAMP Trust                                                                                          | CUSIP: 3622MGAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   22839604 | PA      | $12060640.01   | 0.04%             | 2046-12-25      | Floating      | 4.53%                 | No            |                  2 | On Loan: No      |
| Owl Rock CLO Ltd                              | Owl Rock CLO IV Ltd.                                                                                 | CUSIP: 691200AC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   40750000 | PA      | $40937258.48   | 0.14%             | 2033-08-20      | Floating      | 6.07%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                       | BPCE S.A.                                                                                            | CUSIP: 05571AAY1<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    7750000 | PA      | $8117792.45    | 0.03%             | 2035-05-30      | Variable      | 5.94%                 | No            |                  2 | On Loan: No      |
| Woodward Capital Management                   | RCKT Mortgage Trust                                                                                  | CUSIP: 749427AA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   14236090 | PA      | $14402454.05   | 0.05%             | 2045-01-25      | Variable      | 5.65%                 | No            |                  2 | On Loan: No      |
| JPMDB Commercial Mortgage Secu                | JPMDB Commercial Mortgage Securities Trust                                                           | CUSIP: 46646RAP8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2650000 | PA      | $2464783.82    | 0.01%             | 2049-12-15      | Variable      | 3.64%                 | No            |                  2 | On Loan: No      |
| The Toronto-Dominion Bank                     | 6-Month/5-Year Interest Rate Swap                                                                    | CUSIP: N/A<br>LEI: PT3QB789TSUIDF371261       | N/A              | DIR              |  | CA        | -135871875 | NC      | $-193798.13    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Switch ABS Issuer, LLC                        | Switch ABS Issuer LLC                                                                                | CUSIP: 871044AA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    9550000 | PA      | $9735779.97    | 0.03%             | 2054-03-25      | Fixed         | 6.28%                 | No            |                  2 | On Loan: No      |
| AIR CANADA                                    | Air Canada                                                                                           | CUSIP: N/A<br>LEI: 4B4HI3CGXMBDC0G6BM51       | Long             | LON              | CORP              | CA        |    3407495 | PA      | $3403235.92    | 0.01%             | 2031-03-21      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| HORACE MANN EDUCATORS CO                      | Horace Mann Educators Corp.                                                                          | CUSIP: 440327AM6<br>LEI: 254900G5YAV3A2YK8T32 | Long             | DBT              | CORP              | US        |    1770000 | PA      | $1752492.08    | 0.01%             | 2030-10-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                   | Oracle Corp.                                                                                         | CUSIP: 68389XCA1<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   33794000 | PA      | $25126119.15   | 0.09%             | 2051-03-25      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                              | COLT Mortgage Loan Trust                                                                             | CUSIP: 12665LAC8<br>LEI: 213800Z2Q6LED8DB8K38 | Long             | ABS-MBS          | CORP              | US        |    3154607 | PA      | $3181890.22    | 0.01%             | 2069-04-25      | Variable      | 6.43%                 | No            |                  2 | On Loan: No      |
| BNP Paribas                                   | 1-Year/2-Year Interest Rate Swap                                                                     | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | N/A              | DIR              |  | FR        | -217395000 | NC      | $-593120.95    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140LDE96<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     140000 | PA      | $108170.14     | 0.00%             | 2036-09-01      | Fixed         | 2.06%                 | No            |                  2 | On Loan: No      |
| VFH PARENT / VALOR CO                         | VFH Parent LLC / Valor Company-Issuer, Inc.                                                          | CUSIP: 91824YAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   12675000 | PA      | $13109549.70   | 0.04%             | 2031-06-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| SUBWAY FUNDING LLC                            | Subway Funding LLC                                                                                   | CUSIP: 864300AC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   18758250 | PA      | $19240755.33   | 0.07%             | 2054-07-30      | Fixed         | 6.27%                 | No            |                  2 | On Loan: No      |
| BRIGHTHSE FIN GLBL FUND                       | Brighthouse Financial Global Funding                                                                 | CUSIP: 10921U2L1<br>LEI: 549300BLFX3KJ2IFOA78 | Long             | DBT              | CORP              | US        |    3330000 | PA      | $3417560.88    | 0.01%             | 2029-06-10      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                             | HSBC Holdings plc                                                                                    | CUSIP: 404280ER6<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    6770000 | PA      | $6933442.49    | 0.02%             | 2031-03-03      | Variable      | 5.13%                 | No            |                  2 | On Loan: No      |
| ACRE COMMERCIAL MORTGAGE TRUST                | ACRE Commercial Mortgage Ltd.                                                                        | CUSIP: 00489TAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |     929123 | PA      | $920412.79     | 0.00%             | 2037-12-18      | Floating      | 6.15%                 | No            |                  2 | On Loan: No      |
| HOMES Trust                                   | HOMES 2025-AFC2 Trust                                                                                | CUSIP: 43761YAB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6990038 | PA      | $7030981.31    | 0.02%             | 2060-06-25      | Variable      | 5.57%                 | No            |                  2 | On Loan: No      |
| GALAXY PIPELINE ASSETS                        | Galaxy Pipeline Assets Bidco Ltd.                                                                    | CUSIP: 36321PAC4<br>LEI: 549300L82YB0C6JQIC26 | Long             | DBT              | CORP              | JE        |   43921000 | PA      | $35737978.35   | 0.12%             | 2040-09-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| TSY INFL IX N/B                               | United States Treasury Inflation Indexed Bonds                                                       | CUSIP: 91282CGW5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  145973795 | PA      | $146531131.71  | 0.50%             | 2028-04-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| GoldenTree Loan Management US                 | GoldenTree Loan Management US CLO 24 Ltd.                                                            | CUSIP: 38139VAG0<br>LEI: 254900PS1VHPJR2OTF82 | Long             | ABS-O            | CORP              | KY        |   27650000 | PA      | $27683453.74   | 0.09%             | 2038-10-20      | Floating      | 5.83%                 | No            |                  2 | On Loan: No      |
| AMERICAN NATIONAL GROUP                       | American National Group, Inc.                                                                        | CUSIP: 025676AM9<br>LEI: 549300RK5RZQ740FPL83 | Long             | DBT              | CORP              | US        |    8142000 | PA      | $8208873.99    | 0.03%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GCAT                                          | GCAT Trust                                                                                           | CUSIP: 36168WAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   10922709 | PA      | $10884021.57   | 0.04%             | 2067-08-25      | Variable      | 5.71%                 | No            |                  2 | On Loan: No      |
| UNIFORM MBS                                   | Uniform MBS 30 Year                                                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-MBS          | CORP              | US        |  192250000 | PA      | $155010790.50  | 0.53%             | 2025-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Starwood Commercial Mortgage T                | STWD Ltd.                                                                                            | CUSIP: 78486BAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    2239117 | PA      | $2233518.90    | 0.01%             | 2038-04-18      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD CAPITAL FIN                        | Brookfield Capital Finance LLC                                                                       | CUSIP: 11259NAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   15900000 | PA      | $17121129.86   | 0.06%             | 2033-06-14      | Fixed         | 6.09%                 | No            |                  2 | On Loan: No      |
| WAMU Mortgage Pass-Through Cer                | WaMu Mortgage Pass-Through Certificates Series Trust                                                 | CUSIP: 92927BAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3790801 | PA      | $3206596.89    | 0.01%             | 2047-07-25      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| Sonic Capital LLC                             | Sonic Capital LLC                                                                                    | CUSIP: 83546DAG3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   12043976 | PA      | $11869698.29   | 0.04%             | 2050-01-20      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| CF Hippolyta Issuer LLC                       | CF Hippolyta Issuer LLC                                                                              | CUSIP: 12530MAM7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   20181670 | PA      | $19323051.29   | 0.07%             | 2062-08-15      | Fixed         | 6.11%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 67119CAC4<br>LEI: 254900Y1YRD8JNADSC78 | Long             | ABS-MBS          | CORP              | US        |    7604603 | PA      | $7695779.92    | 0.03%             | 2064-05-25      | Variable      | 6.59%                 | No            |                  2 | On Loan: No      |
| MB2 DENTAL SOLUTIONS LLC                      | MB2 Dental Solutions LLC                                                                             | CUSIP: N/A<br>LEI: 254900HDV9GEHEZLSQ19       | Short            | LON              | CORP              | US        |   -1369659 | PA      | $-0.01         | -0.00%            | 2031-02-13      | Variable      | 0.50%                 | No            |                  3 | On Loan: No      |
| IQVIA INC                                     | IQVIA, Inc.                                                                                          | CUSIP: 449934AD0<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    8700000 | PA      | $8689385.13    | 0.03%             | 2026-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HARBOURVEST STRUCTURED SOLUTIONS IV LP        | HarbourVest Partners LLC                                                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-O            | CORP              | US        |   30410000 | PA      | $30410000.00   | 0.10%             | 2030-09-15      | Variable      | 6.57%                 | No            |                  2 | On Loan: No      |
| APPALACHIAN POWER CO                          | Appalachian Power Co.                                                                                | CUSIP: 037735CT2<br>LEI: 3SCHO1ABYYIG382BEI70 | Long             | DBT              | CORP              | US        |    3730000 | PA      | $3143175.89    | 0.01%             | 2044-05-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| FREEPORT LNG DEVELOPMENT LP                   | Freeport LNG Development, LP                                                                         | CUSIP: N/A<br>LEI: 5493008RXZY6NJ5WF161       | Long             | DBT              | CORP              | US        |    8238580 | PA      | $8385406.16    | 0.03%             | 2039-12-31      | Fixed         | 5.92%                 | No            |                  3 | On Loan: No      |
| Anchorage Credit Funding Ltd.                 | Anchorage Credit Funding 4 Ltd.                                                                      | CUSIP: 03329TAG9<br>LEI: 549300VR9XUOV1E0U888 | Long             | ABS-O            | CORP              | KY        |  111754127 | PA      | $105717806.06  | 0.36%             | 2039-04-27      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                   | Oracle Corp.                                                                                         | CUSIP: 68389XDT9<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    5625000 | PA      | $5614640.83    | 0.02%             | 2065-09-26      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| MUTUAL OF OMAHA INS CO                        | Mutual of Omaha Insurance Co.                                                                        | CUSIP: 628312AE0<br>LEI: P2LER0UPV1DKOU8RO042 | Long             | DBT              | CORP              | US        |   10150000 | PA      | $10477490.46   | 0.04%             | 2064-01-16      | Variable      | 6.14%                 | No            |                  2 | On Loan: No      |
| UWM HOLDINGS LLC                              | UWM Holdings LLC                                                                                     | CUSIP: 903522AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   15450000 | PA      | $15376417.37   | 0.05%             | 2031-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                               | U.S. Treasury Notes                                                                                  | CUSIP: 91282CLK5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    8450000 | PA      | $8429535.11    | 0.03%             | 2029-08-31      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - SCRT                            | Freddie Mac Seasoned Credit Risk Transfer Trust                                                      | CUSIP: 35563PQN2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    9563087 | PA      | $7695893.37    | 0.03%             | 2059-11-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Vista Point Securitization Tru                | Vista Point Securitization Trust                                                                     | CUSIP: 92841YAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   34335526 | PA      | $34284363.02   | 0.12%             | 2054-10-25      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| VONTIER CORP                                  | Vontier Corp.                                                                                        | CUSIP: 928881AF8<br>LEI: 549300VVSQLG4P5K4639 | Long             | DBT              | CORP              | US        |   33592000 | PA      | $30682764.50   | 0.10%             | 2031-04-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| CORVIAS MILITARY LIVING LLC                   | Homestead Spe Issuer LLC                                                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |   62000000 | PA      | $63599798.40   | 0.22%             | 2055-04-01      | Fixed         | 7.21%                 | No            |                  3 | On Loan: No      |
| ENTAIN PLC                                    | Entain Holdings (Gibraltar) Ltd.                                                                     | CUSIP: N/A<br>LEI: 213800ATWJIEYQ8NF838       | Long             | LON              | CORP              | GI        |    7800000 | PA      | $9216474.87    | 0.03%             | 2028-06-30      | Variable      | 5.29%                 | No            |                  2 | On Loan: No      |
| CRETACEOUS MIDCO LTD                          | ContourGlobal Power Holdings S.A.                                                                    | CUSIP: N/A<br>LEI: 549300O5AGIFK0PQ1516       | Long             | DBT              | CORP              | LU        |    2550000 | PA      | $3065136.47    | 0.01%             | 2030-02-28      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STRIP PRINC                                   | U.S. Treasury Strip Principal                                                                        | CUSIP: 912803FV0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  235000000 | PA      | $68932775.60   | 0.23%             | 2051-02-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                   | Freddie Mac                                                                                          | CUSIP: 3137HMHR4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   36236065 | PA      | $36280320.53   | 0.12%             | 2051-11-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALT-2 STRUCTURED TRUST                        | Alt-2 Structured Trust                                                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |   37551086 | PA      | $34915615.60   | 0.12%             | 2031-05-14      | Floating      | 2.95%                 | No            |                  3 | On Loan: No      |
| BofA Securities, Inc.                         | U.S. Secured Overnight Financing Rate                                                                | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | N/A              | DIR              |  | US        |  803000000 | OU      | $-9373250.37   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| NTT FINANCE CORP                              | NTT Finance Corp.                                                                                    | CUSIP: 62954WAS4<br>LEI: 3538007PR116187GD960 | Long             | DBT              | CORP              | JP        |    4000000 | PA      | $4064289.44    | 0.01%             | 2030-07-16      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| AMFAM HOLDINGS INC                            | AmFam Holdings, Inc.                                                                                 | CUSIP: 03115AAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   13118000 | PA      | $8650269.72    | 0.03%             | 2051-03-11      | Fixed         | 3.83%                 | No            |                  2 | On Loan: No      |
| HIGHMARK INC                                  | Highmark, Inc.                                                                                       | CUSIP: 431116AE2<br>LEI: 549300B6868ZXXEB2Y57 | Long             | DBT              | CORP              | US        |   17850000 | PA      | $15702309.78   | 0.05%             | 2031-05-10      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC           | CDX.NA.HY.43.V1 (15-25%)                                                                             | CUSIP: N/A<br>LEI: I7331LVCZKQKX5T7XV54       | N/A              | DCR              |  | US        |  -44055000 | OU      | $-3771686.88   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| BofA Securities, Inc.                         | CDX.NA.IG.45.V1                                                                                      | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | N/A              | DCR              |  | US        | -591600000 | OU      | $-13390256.65  | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| Woodward Capital Management                   | RCKT Mortgage Trust 2025-CES8                                                                        | CUSIP: 74939WAB6<br>LEI: 254900FCN7EI8DTYGA19 | Long             | ABS-MBS          | CORP              | US        |    6460125 | PA      | $6481395.30    | 0.02%             | 2055-08-25      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| FS Rialto Issuer Ltd                          | FS Rialto Issuer LLC                                                                                 | CUSIP: 30338WAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   12150000 | PA      | $12209683.23   | 0.04%             | 2039-10-19      | Floating      | 6.23%                 | No            |                  2 | On Loan: No      |
| ROCKET COS INC                                | Rocket Companies, Inc.                                                                               | CUSIP: 77311WAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   11250000 | PA      | $11611282.50   | 0.04%             | 2033-08-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| FS Rialto Issuer Ltd                          | FS Rialto                                                                                            | CUSIP: 30323CAG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   31150000 | PA      | $31105355.82   | 0.11%             | 2036-11-16      | Floating      | 6.31%                 | No            |                  2 | On Loan: No      |
| SOLRR Aircraft 2021-1 Limited                 | Lunar Structured Aircraft Portfolio Notes                                                            | CUSIP: 83438LAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | IE        |   33757457 | PA      | $31891320.95   | 0.11%             | 2046-10-15      | Fixed         | 2.64%                 | No            |                  2 | On Loan: No      |
| CHOICE HOTELS INTL INC                        | Choice Hotels International, Inc.                                                                    | CUSIP: 169905AH9<br>LEI: 5493003CYRY5RFGTIR97 | Long             | DBT              | CORP              | US        |   11150000 | PA      | $11403560.70   | 0.04%             | 2034-08-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| DYNASTY PARENT HOLDINGS LP                    | StandardAero                                                                                         | CUSIP: N/A<br>LEI: 549300L1RCRPOAUCB870       | Long             | LON              | CORP              | US        |    5701758 | PA      | $5701473.02    | 0.02%             | 2031-10-31      | Variable      | 6.16%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                      | Venture Global Calcasieu Pass LLC                                                                    | CUSIP: 92328MAB9<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |    2667000 | PA      | $2517242.88    | 0.01%             | 2031-08-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| AS MILEAGE PLAN IP LTD                        | AS Mileage Plan IP Ltd.                                                                              | CUSIP: 00218QAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   16000000 | PA      | $15926004.16   | 0.05%             | 2031-10-20      | Fixed         | 5.31%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                              | COLT Mortgage Loan Trust                                                                             | CUSIP: 19685WAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7108000 | PA      | $5101151.45    | 0.02%             | 2066-08-25      | Variable      | 2.38%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                | Alternative Loan Trust                                                                               | CUSIP: 02150DAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   12196507 | PA      | $11013006.75   | 0.04%             | 2047-05-25      | Floating      | 4.61%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                     | ONEOK, Inc.                                                                                          | CUSIP: 682680CE1<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    1200000 | PA      | $1183415.52    | 0.00%             | 2034-11-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                   | BNP Paribas S.A.                                                                                     | CUSIP: 09659W2W3<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    5923000 | PA      | $6124838.54    | 0.02%             | 2030-05-20      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Greensky Home Improvement Issu                | GreenSky Home Improvement Issuer Trust                                                               | CUSIP: 39571XAE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2700000 | PA      | $2726503.47    | 0.01%             | 2059-10-27      | Fixed         | 5.26%                 | No            |                  2 | On Loan: No      |
| PEER HOLDING I BV                             | Peer Holding III BV                                                                                  | CUSIP: N/A<br>LEI: 7245002S0K5Q59JCVQ03       | Long             | LON              | CORP              | NL        |    1800000 | PA      | $2116310.47    | 0.01%             | 2032-09-25      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                        | NextEra Energy Capital Holdings, Inc.                                                                | CUSIP: 65339KDE7<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   11277000 | PA      | $11709597.00   | 0.04%             | 2055-08-15      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO Ltd                | Golub Capital Partners CLO 54M L.P                                                                   | CUSIP: 38181GAA3<br>LEI: 2549007JA1TZWEDGPD41 | Long             | ABS-O            | CORP              | KY        |    9050000 | PA      | $9049849.77    | 0.03%             | 2037-08-05      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC                           | Sirius XM Radio LLC                                                                                  | CUSIP: 82967NBL1<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |   26975000 | PA      | $26602777.10   | 0.09%             | 2026-09-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| FS KKR CAPITAL CORP                           | FS KKR Capital Corp.                                                                                 | CUSIP: 302635AH0<br>LEI: 549300TYRSI1T21B1360 | Long             | DBT              | CORP              | US        |   35801000 | PA      | $34785299.49   | 0.12%             | 2027-01-15      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank Commercial Mortg                | DBJPM Mortgage Trust                                                                                 | CUSIP: 23312JAG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   16943865 | PA      | $193343.06     | 0.00%             | 2050-06-10      | Variable      | 1.09%                 | No            |                  2 | On Loan: No      |
| TRUSTAGE FINANCIAL GROUP                      | Trustage Financial Group, Inc.                                                                       | CUSIP: 89787EAA9<br>LEI: 549300X7YNHNZXTI6F10 | Long             | DBT              | CORP              | US        |   26450000 | PA      | $25338690.82   | 0.09%             | 2032-04-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO Ltd                | Golub Capital Partners CLO 46 Ltd.                                                                   | CUSIP: 38178UAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   10300000 | PA      | $10275036.92   | 0.03%             | 2037-04-20      | Floating      | 6.63%                 | No            |                  2 | On Loan: No      |
| BGC GROUP INC                                 | BGC Group, Inc.                                                                                      | CUSIP: 088929AC8<br>LEI: 2549001IGRCG4F0RLD36 | Long             | DBT              | CORP              | US        |    3120000 | PA      | $3331526.51    | 0.01%             | 2028-05-25      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| FIGRE Trust                                   | FIGRE Trust                                                                                          | CUSIP: 31684UAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   16916859 | PA      | $16978816.87   | 0.06%             | 2054-09-25      | Variable      | 5.06%                 | No            |                  2 | On Loan: No      |
| Provident Funding Mortgage Tru                | Provident Funding Mortgage Trust                                                                     | CUSIP: 74388NAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   33290469 | PA      | $33466599.04   | 0.11%             | 2055-02-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Tricon Residential                            | Tricon Residential Trust                                                                             | CUSIP: 89616YAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   10500000 | PA      | $10477085.85   | 0.04%             | 2041-08-17      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3136BWU53<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   65594900 | PA      | $65639156.41   | 0.22%             | 2053-11-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BNP Paribas                                   | Foreign Exchange EUR/USD                                                                             | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | N/A              | DFE              |  | US        |   15409000 | NC      | $45.42         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| METLIFE INC                                   | MetLife, Inc.                                                                                        | CUSIP: 59156RCQ9<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |   28930000 | PA      | $30737141.38   | 0.10%             | 2055-03-15      | Variable      | 6.35%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                     | ONEOK, Inc.                                                                                          | CUSIP: 682680DD2<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |   23000000 | PA      | $23356967.59   | 0.08%             | 2055-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Hotwire Funding LLC                           | Hotwire Funding LLC                                                                                  | CUSIP: 44148HAE3<br>LEI: 254900ZCO90MCT7Y9348 | Long             | ABS-O            | CORP              | US        |   31200000 | PA      | $32120843.04   | 0.11%             | 2053-05-20      | Fixed         | 8.84%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities                 | GS Mortgage-Backed Securities Trust                                                                  | CUSIP: 36262PAF8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   50161273 | PA      | $46541480.18   | 0.16%             | 2052-03-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| BofA Securities, Inc.                         | CDX.NA.HY.44.V1                                                                                      | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | N/A              | DCR              |  | US        | -295350000 | OU      | $-23609835.98  | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| BPCE SA                                       | BPCE S.A.                                                                                            | CUSIP: 05571AAS4<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |   10000000 | PA      | $11155746.30   | 0.04%             | 2034-10-19      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| PRP Advisors, LLC                             | PRPM LLC                                                                                             | CUSIP: 69382YAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   69203903 | PA      | $69304379.78   | 0.23%             | 2030-08-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Ares Direct Lending CLO LLC                   | Ares Direct Lending CLO 1 LLC                                                                        | CUSIP: 04020RAC2<br>LEI: 254900W79C3ALKJIMH12 | Long             | ABS-O            | CORP              | US        |    9750000 | PA      | $9724122.53    | 0.03%             | 2036-04-25      | Floating      | 6.52%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Military Housing B                | Freddie Mac Military Housing Bonds Resecuritization Trust Certificates                               | CUSIP: 35563CAS7<br>LEI: 549300ZG8WH0M4JSUM77 | Long             | ABS-MBS          | USGSE             | US        |    8389918 | PA      | $7640312.01    | 0.03%             | 2052-11-25      | Variable      | 4.45%                 | No            |                  2 | On Loan: No      |
| NTT FINANCE CORP                              | NTT Finance Corp.                                                                                    | CUSIP: 62954WAV7<br>LEI: 3538007PR116187GD960 | Long             | DBT              | CORP              | JP        |    6550000 | PA      | $6775240.68    | 0.02%             | 2035-07-16      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| STRATEGIC PARTNERS FUND VIII LP               | Strategic Partners Fund VIII, LP                                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-O            | CORP              | US        |   12988509 | PA      | $12921903.02   | 0.04%             | 2026-03-10      | Variable      | 6.92%                 | No            |                  3 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 673913AC3<br>LEI: 254900NK9PNLY9I00149 | Long             | ABS-MBS          | CORP              | US        |    6523021 | PA      | $6573656.69    | 0.02%             | 2064-10-25      | Variable      | 5.87%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                       | Goldman Sachs Group, Inc.                                                                            | CUSIP: 38141GA79<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EP               | CORP              | US        |   32500000 | NS      | $34311550.00   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Station Place Securitization T                | Station Place Securitization Trust Series 2025-SP1                                                   | CUSIP: 85772TAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   50725000 | PA      | $50725000.00   | 0.17%             | 2026-07-02      | Floating      | 5.57%                 | No            |                  3 | On Loan: No      |
| MIDWEST CONNECTOR CAPIT                       | Midwest Connector Capital Company LLC                                                                | CUSIP: 59833CAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   14608000 | PA      | $14671550.20   | 0.05%             | 2029-04-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| CYPRESS INTERMEDIATE HOLDINGS II INC          | CCC Intelligent Solutions, Inc.                                                                      | CUSIP: N/A<br>LEI: 5493006JEEL9RIWY5T17       | Long             | LON              | CORP              | US        |     347375 | PA      | $346833.10     | 0.00%             | 2032-01-23      | Variable      | 6.16%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                      | Angel Oak Mortgage Trust                                                                             | CUSIP: 03465WAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   10233753 | PA      | $10149364.80   | 0.03%             | 2067-09-26      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| BDS Ltd                                       | BDS Ltd.                                                                                             | CUSIP: 05493NAE2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   19500000 | PA      | $19467425.25   | 0.07%             | 2038-11-16      | Floating      | 6.15%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                               | U.S. Treasury Notes                                                                                  | CUSIP: 91282CNG2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    1997400 | PA      | $2020807.03    | 0.01%             | 2030-05-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                         | Wells Fargo & Co.                                                                                    | CUSIP: 95002YAA1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EP               | CORP              | US        |    4100000 | NS      | $4388722.00    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| TRINITY INDUSTRIES INC                        | Trinity Industries, Inc.                                                                             | CUSIP: 896522AJ8<br>LEI: R1JB4KXN77XFCXOQKV49 | Long             | DBT              | CORP              | US        |   13225000 | PA      | $13679913.55   | 0.05%             | 2028-07-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| CLI Funding LLC                               | CLI Funding IX LLC                                                                                   | CUSIP: 12571WAG8<br>LEI: 2549008S2Z91ASJFZL83 | Long             | ABS-O            | CORP              | US        |    4580542 | PA      | $4643327.62    | 0.02%             | 2050-06-20      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA ST DEV FIN AUTH HLTHS                | Oklahoma Development Finance Authority Revenue Bonds                                                 | CUSIP: 67884XCQ8<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |     450000 | PA      | $445297.68     | 0.00%             | 2030-08-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Federated Hermes US Treasury C                | Federated Hermes U.S. Treasury Cash Reserves Fund - Institutional Shares                             | CUSIP: 60934N682<br>LEI: 25490003NTA1P9CI5X97 | Long             | STIV             | RF                | US        |    3462737 | NS      | $3462736.66    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| FEDERAL HOME LOAN BANK                        | Federal Home Loan Bank                                                                               | CUSIP: 3130ALBD5<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |     350000 | PA      | $241372.60     | 0.00%             | 2041-02-25      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| 200 PARK FUNDING TRUST                        | 200 Park Funding Trust                                                                               | CUSIP: 901928AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   22000000 | PA      | $22280696.24   | 0.08%             | 2055-02-15      | Fixed         | 5.74%                 | No            |                  2 | On Loan: No      |
| Cerberus                                      | Cerberus Loan Funding XLVIII LLC                                                                     | CUSIP: 15675JAC4<br>LEI: 635400TT2BPIAD7JRA96 | Long             | ABS-O            | CORP              | US        |   14700000 | PA      | $14772513.63   | 0.05%             | 2036-10-15      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Five Guys Funding, LLC                        | Five Guys Holdings, Inc.                                                                             | CUSIP: 33830JAE5<br>LEI: 549300XWT8G8Q3Z3HJ19 | Long             | ABS-O            | CORP              | US        |   25254162 | PA      | $26267518.60   | 0.09%             | 2054-01-26      | Fixed         | 7.55%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trus                | BRAVO Residential Funding Trust                                                                      | CUSIP: 105933AB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4122088 | PA      | $4087942.62    | 0.01%             | 2062-05-25      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| Deutsche Alt-A Securities INC                 | Deutsche Alt-A Securities Mortgage Loan Trust Series                                                 | CUSIP: 25150PAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    8850150 | PA      | $3016898.43    | 0.01%             | 2036-12-25      | Floating      | 4.53%                 | No            |                  2 | On Loan: No      |
| CD Commercial Mortgage Trust                  | CD Commercial Mortgage Trust                                                                         | CUSIP: 12515DAS3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   24128361 | PA      | $309231.48     | 0.00%             | 2050-05-10      | Variable      | 1.37%                 | No            |                  2 | On Loan: No      |
| JANUS HEND US HLDGS INC                       | Janus Henderson US Holdings, Inc.                                                                    | CUSIP: 47103MAB4<br>LEI: 8T2ZO87FU1KVPZIG9I59 | Long             | DBT              | CORP              | US        |    3460000 | PA      | $3497770.02    | 0.01%             | 2034-09-10      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                      | Angel Oak Mortgage Trust                                                                             | CUSIP: 034942AC6<br>LEI: 254900NLG610771ZLP05 | Long             | ABS-MBS          | CORP              | US        |    6747199 | PA      | $6796891.65    | 0.02%             | 2069-01-25      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                    | Verus Securitization Trust                                                                           | CUSIP: 92540TAC4<br>LEI: 213800JOKZMXZECMAB50 | Long             | ABS-MBS          | CORP              | US        |   11654564 | PA      | $11736607.36   | 0.04%             | 2070-01-25      | Variable      | 5.98%                 | No            |                  2 | On Loan: No      |
| RIO TINTO FIN USA PLC                         | Rio Tinto Finance USA plc                                                                            | CUSIP: 76720AAU0<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |     537000 | PA      | $553368.02     | 0.00%             | 2035-03-14      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Woodward Capital Management                   | RCKT Mortgage Trust                                                                                  | CUSIP: 748956AA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2567657 | PA      | $2599218.28    | 0.01%             | 2043-09-25      | Variable      | 6.81%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                           | JPMorgan Chase & Co.                                                                                 | CUSIP: 48128BAN1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EP               | CORP              | US        |   37412000 | NS      | $37001769.94   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| LPL HOLDINGS INC                              | LPL Holdings, Inc.                                                                                   | CUSIP: 50212YAK0<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |   20950000 | PA      | $21890156.18   | 0.07%             | 2034-05-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                  | GS Mortgage Securities Corporation Trust                                                             | CUSIP: 36258BAL2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3458033 | PA      | $3446173.12    | 0.01%             | 2036-12-15      | Floating      | 5.77%                 | No            |                  2 | On Loan: No      |
| GA GLOBAL FUNDING TRUST                       | GA Global Funding Trust                                                                              | CUSIP: 36143L2V6<br>LEI: 54930029I8ROQ4OROZ88 | Long             | DBT              | CORP              | US        |    3000000 | PA      | $2975868.78    | 0.01%             | 2030-09-18      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Bank of America, N.A.                         | Foreign Exchange EUR/USD                                                                             | CUSIP: N/A<br>LEI: B4TYDEB6GKMZO031MB27       | N/A              | DFE              |  | US        |  198129000 | NC      | $583.96        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CD Commercial Mortgage Trust                  | CD Mortgage Trust                                                                                    | CUSIP: 12514MBD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   27548904 | PA      | $93481.70      | 0.00%             | 2049-08-10      | Variable      | 1.47%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                   | Freddie Mac                                                                                          | CUSIP: 3133KQWZ5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   61011498 | PA      | $60770663.52   | 0.21%             | 2053-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                   | Freddie Mac                                                                                          | CUSIP: 3128MJW71<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     115797 | PA      | $111586.38     | 0.00%             | 2045-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T                | Alternative Loan Trust                                                                               | CUSIP: 02151DAC8<br>LEI: 549300TXT201GGLA0F48 | Long             | ABS-MBS          | CORP              | US        |    5128259 | PA      | $4722986.04    | 0.02%             | 2047-09-25      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| HILLENBRAND INC                               | Hillenbrand, Inc.                                                                                    | CUSIP: 431571AE8<br>LEI: U246OE781574J2BUD366 | Long             | DBT              | CORP              | US        |    8076000 | PA      | $7612853.51    | 0.03%             | 2031-03-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Anchorage Credit Funding Ltd.                 | Anchorage Credit Funding 13 Ltd.                                                                     | CUSIP: 03290AAN0<br>LEI: 549300N5JCR10GGBIT41 | Long             | ABS-O            | CORP              | KY        |    1950000 | PA      | $1793239.70    | 0.01%             | 2039-07-27      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Guggenheim Partners Investment Management LLC | Guggenheim Strategy Fund II                                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | RF                | US        |    1167284 | NS      | $29042026.34   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| BACH FINANCE LTD                              | Fugue Finance LLC                                                                                    | CUSIP: N/A<br>LEI: 254900Y4DWBRGAFENC88       | Long             | LON              | CORP              | US        |    2992500 | PA      | $2996779.28    | 0.01%             | 2032-01-09      | Variable      | 6.95%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 67118TAA2<br>LEI: 254900LSNFNEGAD7J679 | Long             | ABS-MBS          | CORP              | US        |   10685351 | PA      | $10796777.83   | 0.04%             | 2064-01-25      | Variable      | 6.07%                 | No            |                  2 | On Loan: No      |
| Tricon Residential                            | Tricon Residential Trust                                                                             | CUSIP: 895975AB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   10775000 | PA      | $10677436.69   | 0.04%             | 2041-11-17      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| PRP Advisors, LLC                             | PRPM LLC                                                                                             | CUSIP: 69392PAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    9313853 | PA      | $9378032.82    | 0.03%             | 2055-07-25      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| BofA Securities, Inc.                         | U.S. Secured Overnight Financing Rate                                                                | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | N/A              | DIR              |  | US        |  660000000 | OU      | $3080048.40    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| ORACLE CORP                                   | Oracle Corp.                                                                                         | CUSIP: 68389XDR3<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   20150000 | PA      | $20088014.77   | 0.07%             | 2055-09-26      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| ALASKA AIR GROUP INC.                         | AS Mileage Plan Ltd.                                                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | KY        |   11314500 | PA      | $11328643.13   | 0.04%             | 2031-10-15      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan                 | New Residential Mortgage Loan Trust                                                                  | CUSIP: 64832CAC7<br>LEI: 2138002D8CMDYG7QOU84 | Long             | ABS-MBS          | CORP              | US        |    8028336 | PA      | $8107300.41    | 0.03%             | 2065-05-25      | Variable      | 5.53%                 | No            |                  2 | On Loan: No      |
| XPLORE INC                                    | Xplore, Inc.                                                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             |  | CORP              | CA        |       6119 | NS      | $0.61          | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| BARCLAYS BANK PLC                             | 1-Year/2-Year Interest Rate Swap                                                                     | CUSIP: N/A<br>LEI: G5GSEF7VJP5I7OUK5573       | N/A              | DIR              |  | GB        | -135871875 | NC      | $-286359.49    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BUCKEYE PARTNERS LP                           | Buckeye Partners, LP                                                                                 | CUSIP: 118230AQ4<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |   11100000 | PA      | $11001177.81   | 0.04%             | 2026-12-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                    | Verus Securitization Trust                                                                           | CUSIP: 92539YAC6<br>LEI: 213800W65K5FH3AI2J91 | Long             | ABS-MBS          | CORP              | US        |   12269649 | PA      | $12444399.69   | 0.04%             | 2068-10-25      | Variable      | 7.42%                 | No            |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                       | Dryden 37 Senior Loan Fund                                                                           | CUSIP: 26249MAQ0<br>LEI: 254900I0IPNA482LDS44 | Long             | ABS-O            | CORP              | KY        |    3678679 | PA      | $3680628.33    | 0.01%             | 2031-01-15      | Floating      | 5.98%                 | No            |                  2 | On Loan: No      |
| FEDERAL FARM CREDIT BANK                      | Federal Farm Credit Bank                                                                             | CUSIP: 3133ENFH8<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGSE             | US        |     350000 | PA      | $256592.70     | 0.00%             | 2041-11-29      | Fixed         | 2.69%                 | No            |                  2 | On Loan: No      |
| Castlelake Aircraft Securitiza                | Castlelake Aircraft Structured Trust                                                                 | CUSIP: 14855XAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   46694865 | PA      | $47016797.68   | 0.16%             | 2050-08-15      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| Nomura Global Financial Products, Inc.        | CURRENCY CONTRACT - Rec EUR / Deliver USD                                                            | CUSIP: N/A<br>LEI: 0Z3VO5H2G7GRS05BHJ91       | N/A              | DFE              |  | US        |    8000000 | NC      | $-49989.25     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BSPRT Issuer, Ltd.                            | BSPRT Issuer Ltd.                                                                                    | CUSIP: 05602CAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    7250000 | PA      | $7201821.58    | 0.02%             | 2038-12-15      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| HGI CRE CLO Ltd                               | HGI CRE CLO Ltd.                                                                                     | CUSIP: 40390JAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    5000000 | PA      | $4995142.50    | 0.02%             | 2036-09-17      | Floating      | 5.76%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                   | Freddie Mac                                                                                          | CUSIP: 3137HMEB2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   58585384 | PA      | $58378729.77   | 0.20%             | 2051-10-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2023-1 A PTT                       | United Airlines 2023-1 Class A Pass Through Trust                                                    | CUSIP: 90932LAJ6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6950634 | PA      | $7188146.96    | 0.02%             | 2036-01-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| QUALITYTECH LP                                | QTS Irving DC3 LLC                                                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |    7000000 | PA      | $7211116.29    | 0.02%             | 2029-07-09      | Fixed         | 5.96%                 | No            |                  3 | On Loan: No      |
| AGL CLO Ltd.                                  | AGL CLO 39 Ltd.                                                                                      | CUSIP: 00121XAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   18910000 | PA      | $18966917.21   | 0.06%             | 2038-04-20      | Floating      | 5.71%                 | No            |                  2 | On Loan: No      |
| JCP Direct Lending CLO LLC                    | JCP Direct Lending CLO 2023-1 LLC                                                                    | CUSIP: 46656TAS5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | JE        |   32011250 | PA      | $32091531.01   | 0.11%             | 2037-07-20      | Floating      | 5.98%                 | No            |                  2 | On Loan: No      |
| Lehman XS Trust                               | Lehman XS Trust Series                                                                               | CUSIP: 525229AE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     232628 | PA      | $226474.99     | 0.00%             | 2046-07-25      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140LGVC3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     261933 | PA      | $244172.17     | 0.00%             | 2039-07-01      | Fixed         | 4.23%                 | No            |                  2 | On Loan: No      |
| GEN DIGITAL INC                               | Gen Digital, Inc.                                                                                    | CUSIP: N/A<br>LEI: YF6ZV0M6AU4FY94MK914       | Long             | LON              | CORP              | US        |   13600000 | PA      | $13535400.00   | 0.05%             | 2032-02-13      | Variable      | 5.91%                 | No            |                  2 | On Loan: No      |
| Capmark Military Housing Trust                | Capmark Military Housing Trust                                                                       | CUSIP: 14066AAB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6564417 | PA      | $4813093.73    | 0.02%             | 2051-07-10      | Floating      | 4.66%                 | No            |                  3 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 67449DAC3<br>LEI: 254900YXEB756F6RCA13 | Long             | ABS-MBS          | CORP              | US        |    6114001 | PA      | $6147251.61    | 0.02%             | 2064-10-25      | Variable      | 5.72%                 | No            |                  2 | On Loan: No      |
| CLARIOS INTERNATIONAL INC                     | Clarios Global LP                                                                                    | CUSIP: N/A<br>LEI: 549300474L1ZLXZY2P98       | Long             | DBT              | CORP              | US        |    5650000 | PA      | $6759581.65    | 0.02%             | 2031-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN LLC / JFIN                      | Jefferies Finance LLC / JFIN Company-Issuer Corp.                                                    | CUSIP: 47232MAF9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   39650000 | PA      | $38309223.36   | 0.13%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3138LPA97<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    3296259 | PA      | $2936289.16    | 0.01%             | 2048-08-01      | Fixed         | 4.24%                 | No            |                  2 | On Loan: No      |
| SG Commercial Mortgage Securit                | SG Commercial Mortgage Securities Trust                                                              | CUSIP: 78419CAG9<br>LEI: 549300SZQW4U3UN4A157 | Long             | ABS-MBS          | CORP              | US        |    4273068 | PA      | $26014.44      | 0.00%             | 2048-10-10      | Variable      | 1.98%                 | No            |                  2 | On Loan: No      |
| KKR GROUP FINANCE CO III                      | KKR Group Finance Company III LLC                                                                    | CUSIP: 48250AAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2710000 | PA      | $2572866.52    | 0.01%             | 2044-06-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| QUALITYTECH LP                                | QTS Good News Facility                                                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |   21033100 | PA      | $0.21          | 0.00%             | 2028-10-09      | Variable      | 0.30%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO Ltd                | Golub Capital Partners CLO 16M-R3                                                                    | CUSIP: 38181EAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    6000000 | PA      | $6010047.60    | 0.02%             | 2039-08-09      | Floating      | 6.07%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                         | Level 3 Financing, Inc.                                                                              | CUSIP: 527298CF8<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    3734709 | PA      | $3260750.15    | 0.01%             | 2030-10-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| MAPLE GROVE FUNDING TR I                      | Maple Grove Funding Trust I                                                                          | CUSIP: 565130AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   77700000 | PA      | $54634767.43   | 0.19%             | 2051-08-15      | Fixed         | 4.16%                 | No            |                  2 | On Loan: No      |
| Structured Asset Securities Co                | Structured Asset Securities Corporation Mortgage Loan Trust                                          | CUSIP: 86362VAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       2700 | PA      | $2694.42       | 0.00%             | 2037-01-25      | Floating      | 4.61%                 | No            |                  2 | On Loan: No      |
| ARIZONA PUBLIC SERVICE                        | Arizona Public Service Co.                                                                           | CUSIP: 040555DE1<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |    3140000 | PA      | $3433447.61    | 0.01%             | 2032-12-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| CITADEL SECURITIES GLOBA                      | Citadel Securities Global Holdings LLC                                                               | CUSIP: 17289RAA4<br>LEI: 549300NV5RXBUS3X7L47 | Long             | DBT              | CORP              | US        |    6825000 | PA      | $7004893.83    | 0.02%             | 2030-06-18      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GRANT THORNTON ADVISORS HOLDINGS LLC          | Grant Thornton Advisors LLC                                                                          | CUSIP: N/A<br>LEI: 254900XS1SHU0YY3WF58       | Long             | LON              | CORP              | US        |   12075000 | PA      | $14186281.71   | 0.05%             | 2032-09-11      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| Woodward Capital Management                   | RCKT Mortgage Trust                                                                                  | CUSIP: 74939FAB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4977115 | PA      | $5039420.29    | 0.02%             | 2044-06-25      | Variable      | 6.30%                 | No            |                  2 | On Loan: No      |
| ASSURANT INC                                  | Assurant, Inc.                                                                                       | CUSIP: 04621XAD0<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | DBT              | CORP              | US        |    1450000 | PA      | $1606503.13    | 0.01%             | 2034-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140LFMS0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1966365 | PA      | $1551645.27    | 0.01%             | 2052-03-01      | Fixed         | 2.93%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                              | CSC Holdings LLC                                                                                     | CUSIP: 126307BB2<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    5772000 | PA      | $3779823.06    | 0.01%             | 2030-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| The Toronto-Dominion Bank                     | 6-Month/5-Year Interest Rate Swap                                                                    | CUSIP: N/A<br>LEI: PT3QB789TSUIDF371261       | N/A              | DIR              |  | US        | -135871875 | NC      | $-183943.34    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CLARIOS INTERNATIONAL INC                     | Clarios Global, LP                                                                                   | CUSIP: N/A<br>LEI: 549300474L1ZLXZY2P98       | Long             | LON              | CORP              | CA        |   11750000 | PA      | $11746357.50   | 0.04%             | 2032-01-28      | Variable      | 6.91%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3136BLFL9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     387368 | PA      | $238233.34     | 0.00%             | 2052-02-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 673914AE7<br>LEI: 2549007E8KF1RJ2ZV866 | Long             | ABS-MBS          | CORP              | US        |    9682203 | PA      | $9735667.82    | 0.03%             | 2064-12-25      | Variable      | 5.85%                 | No            |                  2 | On Loan: No      |
| FLORIDA GAS TRANSMISSION                      | Florida Gas Transmission Company LLC                                                                 | CUSIP: 340711BC3<br>LEI: 549300Q0UQF87NXNOC32 | Long             | DBT              | CORP              | US        |    7600000 | PA      | $7881098.24    | 0.03%             | 2035-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| JPMDB Commercial Mortgage Secu                | JPMDB Commercial Mortgage Securities Trust                                                           | CUSIP: 46646RAL7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   66758784 | PA      | $304667.06     | 0.00%             | 2049-12-15      | Variable      | 0.79%                 | No            |                  2 | On Loan: No      |
| AREIT CRE Trust                               | AREIT Ltd.                                                                                           | CUSIP: 00193DAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   18000000 | PA      | $17994423.60   | 0.06%             | 2030-01-17      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| SILVER LAKE (OFFSHORE) AIV GP V LTD           | Zephyr Bidco Ltd.                                                                                    | CUSIP: N/A<br>LEI: 549300ZI8D8NFMCTDS74       | Long             | LON              | CORP              | GB        |    2400000 | PA      | $3227845.55    | 0.01%             | 2028-07-31      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| IQVIA INC                                     | IQVIA, Inc.                                                                                          | CUSIP: 46266TAA6<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |   10699000 | PA      | $10669213.98   | 0.04%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                | Government National Mortgage Association                                                             | CUSIP: 38385CQG6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | CORP              | US        |   25796570 | PA      | $25705144.54   | 0.09%             | 2055-01-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BrightSpire Capital, Inc                      | BRSP Ltd.                                                                                            | CUSIP: 05613BAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    1850000 | PA      | $1850339.11    | 0.01%             | 2037-08-19      | Floating      | 6.51%                 | No            |                  2 | On Loan: No      |
| HOMES Trust                                   | HOMES Trust                                                                                          | CUSIP: 43761DAD2<br>LEI: 254900LUV7YA0N50XT86 | Long             | ABS-MBS          | CORP              | US        |    8182653 | PA      | $8242582.78    | 0.03%             | 2070-01-25      | Variable      | 5.86%                 | No            |                  2 | On Loan: No      |
| Voya CLO Ltd                                  | VOYA CLO                                                                                             | CUSIP: 92915UAN4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    4950000 | PA      | $4960223.73    | 0.02%             | 2030-06-07      | Floating      | 6.73%                 | No            |                  2 | On Loan: No      |
| Owl Rock CLO Ltd                              | Owl Rock CLO IX LLC                                                                                  | CUSIP: 69120BAH8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    6450000 | PA      | $6491832.12    | 0.02%             | 2037-11-22      | Floating      | 6.05%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                            | Energy Transfer, LP                                                                                  | CUSIP: 226373AR9<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   11400000 | PA      | $11562158.05   | 0.04%             | 2029-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FS Rialto Issuer Ltd                          | FS Rialto Issuer LLC                                                                                 | CUSIP: 30338WAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   10850000 | PA      | $10873911.23   | 0.04%             | 2039-10-19      | Floating      | 6.43%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 67118LAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6588734 | PA      | $6573215.43    | 0.02%             | 2062-09-25      | Variable      | 6.45%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                       | MPLX, LP                                                                                             | CUSIP: 55336VCD0<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |   21750000 | PA      | $22003322.69   | 0.07%             | 2055-09-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| LPL HOLDINGS INC                              | LPL Holdings, Inc.                                                                                   | CUSIP: 50212YAD6<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |   15257000 | PA      | $14920364.97   | 0.05%             | 2029-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FLOWSERVE CORPORATION                         | Flowserve Corp.                                                                                      | CUSIP: 34354PAF2<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | DBT              | CORP              | US        |   14601000 | PA      | $13915436.91   | 0.05%             | 2030-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / FIN II                       | GLP Capital Limited Partnership / GLP Financing II, Inc.                                             | CUSIP: 361841AQ2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   51638000 | PA      | $49423654.12   | 0.17%             | 2031-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TOWD POINT REVOLVING TRUST TPRT_24-A          | Top Pressure Recovery Turbines                                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-MBS          | CORP              | US        |   11577766 | PA      | $11589343.69   | 0.04%             | 2069-11-01      | Fixed         | 7.51%                 | No            |                  2 | On Loan: No      |
| DISPATCH TERRA ACQUISITION LLC                | Dispatch Terra Acquisition LLC                                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    3728167 | PA      | $3634179.56    | 0.01%             | 2028-03-27      | Variable      | 8.40%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                   | Freddie Mac                                                                                          | CUSIP: 3132DPSA7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   10983776 | PA      | $11181745.51   | 0.04%             | 2053-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HF SINCLAIR CORP                              | HF Sinclair Corp.                                                                                    | CUSIP: 403949AS9<br>LEI: 2549009G116AM01XHN24 | Long             | DBT              | CORP              | US        |   22415000 | PA      | $23430376.42   | 0.08%             | 2035-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Ares Direct Lending CLO LLC                   | Ares Direct Lending CLO 3 LLC                                                                        | CUSIP: 039945AC4<br>LEI: 254900TU6Z546P794928 | Long             | ABS-O            | CORP              | US        |    5450000 | PA      | $5431723.55    | 0.02%             | 2037-01-20      | Floating      | 6.18%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag                | Wells Fargo Commercial Mortgage Trust                                                                | CUSIP: 95000CBE2<br>LEI: 549300SGFUCMB43V8P22 | Long             | ABS-MBS          | CORP              | US        |   15976909 | PA      | $546.41        | 0.00%             | 2059-01-15      | Variable      | 1.51%                 | No            |                  2 | On Loan: No      |
| TERRAFORM GLOBAL OPERATI                      | Terraform Global Operating, LP                                                                       | CUSIP: 88104UAC7<br>LEI: 549300LC7QMVR79H5O86 | Long             | DBT              | CORP              | US        |   13221000 | PA      | $13053891.85   | 0.04%             | 2026-03-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Cerberus                                      | Cerberus Loan Funding 50 LLC                                                                         | CUSIP: 15673UAA5<br>LEI: 635400VJODJ5OZQ2H763 | Long             | ABS-O            | CORP              | US        |   31550000 | PA      | $31757643.17   | 0.11%             | 2037-07-15      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| PRP Advisors, LLC                             | PRPM LLC                                                                                             | CUSIP: 74390PAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   12971097 | PA      | $12978182.99   | 0.04%             | 2029-11-25      | Variable      | 5.70%                 | No            |                  2 | On Loan: No      |
| TENN VAL AUTH CPN STRIP                       | Tennessee Valley Authority                                                                           | CUSIP: 88059GAZ2<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |    1020000 | PA      | $149133.18     | 0.00%             | 2061-03-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ASG Resecuritization Trust                    | ASG Resecuritization Trust                                                                           | CUSIP: 00212XCD1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1650592 | PA      | $1585174.15    | 0.01%             | 2045-12-28      | Floating      | 4.38%                 | No            |                  2 | On Loan: No      |
| Castlelake Aircraft Securitiza                | Castlelake Aircraft Structured Trust                                                                 | CUSIP: 14856GAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    6131262 | PA      | $6093459.87    | 0.02%             | 2046-01-15      | Fixed         | 3.47%                 | No            |                  2 | On Loan: No      |
| Owl Rock CLO Ltd                              | Owl Rock CLO XVII LLC                                                                                | CUSIP: 69121RAC3<br>LEI: 254900XW6EXYO0CEAC23 | Long             | ABS-O            | CORP              | US        |    4300000 | PA      | $4287251.79    | 0.01%             | 2036-07-15      | Floating      | 6.27%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 673921AC6<br>LEI: 2549007JKD4UEFDCFB08 | Long             | ABS-MBS          | CORP              | US        |    3797050 | PA      | $3859438.30    | 0.01%             | 2063-10-25      | Variable      | 7.66%                 | No            |                  2 | On Loan: No      |
| DNB BANK ASA                                  | DNB Bank ASA                                                                                         | CUSIP: 23341CAG8<br>LEI: 549300GKFG0RYRRQ1414 | Long             | DBT              | CORP              | NO        |    3060000 | PA      | $3095051.05    | 0.01%             | 2030-11-05      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| BSPRT Issuer, Ltd.                            | BSPRT Issuer Ltd.                                                                                    | CUSIP: 05601HAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    5550000 | PA      | $5502460.92    | 0.02%             | 2036-03-15      | Floating      | 6.32%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust                 | UBS Commercial Mortgage Trust                                                                        | CUSIP: 90276CAF8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   36193676 | PA      | $507638.02     | 0.00%             | 2050-08-15      | Variable      | 1.20%                 | No            |                  2 | On Loan: No      |
| Cerberus                                      | Cerberus Loan Funding 52 LLC                                                                         | CUSIP: 15675MAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   15825000 | PA      | $15927125.06   | 0.05%             | 2037-10-15      | Floating      | 5.77%                 | No            |                  2 | On Loan: No      |
| PFP III                                       | PFP Ltd.                                                                                             | CUSIP: 69291WAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4745525 | PA      | $4752510.80    | 0.02%             | 2039-09-17      | Floating      | 6.05%                 | No            |                  2 | On Loan: No      |
| ENTAIN PLC                                    | Entain Holdings Ltd.                                                                                 | CUSIP: N/A<br>LEI: 213800ATWJIEYQ8NF838       | Long             | LON              | CORP              | GI        |    4875000 | PA      | $4865445.00    | 0.02%             | 2032-07-30      | Variable      | 6.41%                 | No            |                  2 | On Loan: No      |
| Novastar Home Equity Loan                     | NovaStar Mortgage Funding Trust Series                                                               | CUSIP: 66989EAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   13822586 | PA      | $13628404.93   | 0.05%             | 2037-09-25      | Floating      | 4.47%                 | No            |                  2 | On Loan: No      |
| Farmer Mac Agricultural Real E                | FARM Mortgage Trust                                                                                  | CUSIP: 30768WAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    9147893 | PA      | $7488519.21    | 0.03%             | 2051-01-25      | Variable      | 2.18%                 | No            |                  2 | On Loan: No      |
| MACQUARIE GROUP LTD                           | Macquarie Group Ltd.                                                                                 | CUSIP: 55608JAZ1<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | DBT              | CORP              | AU        |   17431000 | PA      | $15719213.75   | 0.05%             | 2033-01-14      | Variable      | 2.87%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                      | JP Morgan Mortgage Trust                                                                             | CUSIP: 465983AC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6417311 | PA      | $6463839.40    | 0.02%             | 2064-02-25      | Variable      | 5.95%                 | No            |                  2 | On Loan: No      |
| MINERA MEXICO SA DE CV                        | Minera Mexico S.A. de CV                                                                             | CUSIP: 60284MAC6<br>LEI: 2549005BMA2EK49I0T98 | Long             | DBT              | CORP              | MX        |    3350000 | PA      | $3452175.00    | 0.01%             | 2032-02-12      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| RR Ltd                                        | RR Ltd.                                                                                              | CUSIP: 749754AC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    8500000 | PA      | $7650000.00    | 0.03%             | 2040-10-15      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| DOMESTIC & GENERAL LTD                        | Galaxy Bidco Ltd.                                                                                    | CUSIP: N/A<br>LEI: 984500645A980C6A3639       | Long             | DBT              | CORP              | JE        |    7200000 | PA      | $10021770.96   | 0.03%             | 2029-12-19      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| PEER HOLDING I BV                             | Peer Holding III BV                                                                                  | CUSIP: N/A<br>LEI: 7245002S0K5Q59JCVQ03       | Long             | LON              | CORP              | NL        |   18895050 | PA      | $18899017.96   | 0.06%             | 2031-07-01      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| BSPDF Issuer Ltd                              | BSPDF Issuer Ltd.                                                                                    | CUSIP: 055731AG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   15300000 | PA      | $15145335.36   | 0.05%             | 2036-10-15      | Floating      | 6.51%                 | No            |                  2 | On Loan: No      |
| LIBERTY MUTUAL GROUP INC                      | Liberty Mutual Group, Inc.                                                                           | CUSIP: 53079EBK9<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |    4064000 | PA      | $2888387.13    | 0.01%             | 2060-05-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| ABG INTERMEDIATE HOLDINGS 2 LLC               | Authentic Brands                                                                                     | CUSIP: N/A<br>LEI: 54930020NXD0RJB64985       | Long             | LON              | CORP              | US        |   19702247 | PA      | $19661266.20   | 0.07%             | 2032-02-11      | Variable      | 6.41%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL                                    | City of Chicago Illinois General Obligation Unlimited                                                | CUSIP: 167486ZQ5<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    4500000 | PA      | $4783166.10    | 0.02%             | 2044-01-01      | Fixed         | 6.31%                 | No            |                  2 | On Loan: No      |
| WHITEWATER DBR HOLDCO LLC                     | WhiteWater DBR Holdco LLC                                                                            | CUSIP: N/A<br>LEI: 21380025GXMNBTSJP816       | Long             | LON              | CORP              | US        |    4554086 | PA      | $4556955.32    | 0.02%             | 2031-03-03      | Variable      | 6.31%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 67119DAB4<br>LEI: 2549004KB8X0K1PPTU08 | Long             | ABS-MBS          | CORP              | US        |    2596549 | PA      | $2627389.57    | 0.01%             | 2064-01-25      | Variable      | 6.28%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140Q8WZ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     194291 | PA      | $190975.90     | 0.00%             | 2048-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SLAM LLC                                      | Slam Ltd.                                                                                            | CUSIP: 78450TAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   26066052 | PA      | $26733188.65   | 0.09%             | 2050-05-15      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| ARES FINANCE CO IV LLC                        | Ares Finance Company IV LLC                                                                          | CUSIP: 039936AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2450000 | PA      | $1754573.16    | 0.01%             | 2052-02-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| MIWD HLDCO II/MIWD FIN                        | MIWD Holdco II LLC / MIWD Finance Corp.                                                              | CUSIP: 55337PAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     250000 | PA      | $243528.34     | 0.00%             | 2030-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Hotwire Funding LLC                           | Hotwire Funding LLC                                                                                  | CUSIP: 44148JAM1<br>LEI: 254900ZCO90MCT7Y9348 | Long             | ABS-O            | CORP              | US        |    3860000 | PA      | $4042526.28    | 0.01%             | 2054-06-20      | Fixed         | 9.19%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES/SKYMILES                      | Delta Air Lines, Inc. / SkyMiles IP Ltd.                                                             | CUSIP: 830867AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3767750 | PA      | $3763153.87    | 0.01%             | 2025-10-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding                | Avis Budget Rental Car Funding AESOP LLC                                                             | CUSIP: 05377RJL9<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    8250000 | PA      | $8504865.60    | 0.03%             | 2030-12-20      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trus                | CSAIL Commercial Mortgage Trust                                                                      | CUSIP: 12636MAG3<br>LEI: 549300C2HE5FJAWYZL57 | Long             | ABS-MBS          | CORP              | US        |    4101474 | PA      | $3599.45       | 0.00%             | 2049-01-15      | Variable      | 2.01%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                      | Madison Park Funding LXV Ltd.                                                                        | CUSIP: 55823FAF2<br>LEI: 213800EBRIAZSOKC7K58 | Long             | ABS-O            | CORP              | KY        |    5500000 | PA      | $5532506.10    | 0.02%             | 2038-07-16      | Floating      | 6.02%                 | No            |                  2 | On Loan: No      |
| ALLO Issuer, LLC                              | ALLO Issuer LLC                                                                                      | CUSIP: 01983KAN4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    8150000 | PA      | $8269602.07    | 0.03%             | 2055-04-20      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                            | Credit Agricole S.A.                                                                                 | CUSIP: 22535WAR8<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |   13700000 | PA      | $14053875.38   | 0.05%             | 2031-05-27      | Variable      | 5.22%                 | No            |                  2 | On Loan: No      |
| EMRLD BORROWER LP                             | EMRLD Borrower, LP                                                                                   | CUSIP: N/A<br>LEI: 5493000GJYE7GAQCUC61       | Long             | LON              | CORP              | US        |    7742195 | PA      | $7704955.41    | 0.03%             | 2031-08-04      | Variable      | 6.12%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO Ltd                | Golub Capital Partners Clo 49M Ltd.                                                                  | CUSIP: 38181HAC7<br>LEI: 254900NUVOJAHAT10W61 | Long             | ABS-O            | CORP              | KY        |   25700000 | PA      | $25738591.12   | 0.09%             | 2038-07-20      | Floating      | 5.84%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 31418AVT2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     165387 | PA      | $155932.62     | 0.00%             | 2043-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TENN VAL AUTH CPN STRIP                       | Tennessee Valley Authority                                                                           | CUSIP: 88059GBE8<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |    1020000 | PA      | $129745.02     | 0.00%             | 2063-09-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BNP Paribas                                   | 6-Month/5-Year Interest Rate Swap                                                                    | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | N/A              | DIR              |  | FR        | -135871875 | NC      | $-223960.33    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LoanCore Issuer, Ltd.                         | LoanCore                                                                                             | CUSIP: 53947FAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   13700000 | PA      | $13643664.23   | 0.05%             | 2042-08-17      | Floating      | 5.73%                 | No            |                  2 | On Loan: No      |
| TRINSEO PLC                                   | Trinseo Materials Operating S.C.A.                                                                   | CUSIP: N/A<br>LEI: 549300WNMXD3KV7LO256       | Long             | LON              | CORP              | LU        |   10628250 | PA      | $3044993.63    | 0.01%             | 2028-05-03      | Variable      | 6.96%                 | No            |                  2 | On Loan: No      |
| SUTTONPARK CAPITAL LLC                        | SPSS                                                                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-O            | CORP              | US        |     123056 | PA      | $113979.05     | 0.00%             | 2052-11-15      | Variable      | 5.14%                 | Yes           |                  3 | On Loan: No      |
| Tenet Equity Funding                          | Tenet Equity Funding LLC                                                                             | CUSIP: 88035KAA7<br>LEI: 254900PL130UZ4FW1R84 | Long             | ABS-O            | CORP              | US        |   10027645 | PA      | $10107064.76   | 0.03%             | 2054-10-20      | Fixed         | 5.49%                 | No            |                  2 | On Loan: No      |
| INTESA SANPAOLO SPA                           | Intesa Sanpaolo SpA                                                                                  | CUSIP: 46115HCF2<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |    2800000 | PA      | $3459476.58    | 0.01%             | 2053-11-28      | Fixed         | 7.80%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                    | Verus Securitization Trust 2025-7                                                                    | CUSIP: 924931AG3<br>LEI: 213800OVCAXDOBS94P47 | Long             | ABS-MBS          | CORP              | US        |    9460005 | PA      | $9470384.80    | 0.03%             | 2070-08-25      | Variable      | 5.54%                 | No            |                  2 | On Loan: No      |
| Ellington Financial Mortgage T                | Ellington Financial Mortgage Trust                                                                   | CUSIP: 281907AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   11095624 | PA      | $11183422.81   | 0.04%             | 2060-01-26      | Variable      | 5.52%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 670843AA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4444810 | PA      | $4451357.44    | 0.02%             | 2062-01-25      | Variable      | 6.32%                 | No            |                  2 | On Loan: No      |
| TENN VAL AUTH CPN STRIP                       | Tennessee Valley Authority                                                                           | CUSIP: 88059GBJ7<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |    1020000 | PA      | $115935.24     | 0.00%             | 2065-09-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Inc                    | Morgan Stanley ABS Capital I Incorporated Trust                                                      | CUSIP: 61755CAA0<br>LEI: 5493005XH7EPFP4PGZ13 | Long             | ABS-MBS          | CORP              | US        |    2024191 | PA      | $1838515.73    | 0.01%             | 2037-05-25      | Floating      | 4.33%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES/SKYMILES                      | Delta Air Lines, Inc. / SkyMiles IP Ltd.                                                             | CUSIP: 830867AB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3800000 | PA      | $3821367.40    | 0.01%             | 2028-10-20      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SIGNATURE AVIATION US HOLDCO LP               | Brown Group Holding LLC                                                                              | CUSIP: N/A<br>LEI: 25490094PF4HHK9QS109       | Long             | LON              | CORP              | US        |    4422501 | PA      | $4429709.73    | 0.02%             | 2031-07-01      | Variable      | 6.99%                 | No            |                  2 | On Loan: No      |
| BNP Paribas                                   | 9-Month/5-Year Interest Rate Swap                                                                    | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | N/A              | DIR              |  | FR        |  440817500 | NC      | $5563315.22    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| HOPE GAS HOLDINGS LLC                         | Hope Gas Holdings LLC                                                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |    7400000 | PA      | $7447540.34    | 0.03%             | 2037-09-01      | Fixed         | 6.18%                 | No            |                  3 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 67120VAC9<br>LEI: 2549006BC0G3YEF5SL09 | Long             | ABS-MBS          | CORP              | US        |   10267722 | PA      | $10339169.03   | 0.04%             | 2064-11-25      | Variable      | 5.95%                 | No            |                  2 | On Loan: No      |
| CITADEL SECURITIES GLOBAL HOLDINGS LLC        | Citadel Securities, LP                                                                               | CUSIP: N/A<br>LEI: 549300NV5RXBUS3X7L47       | Long             | LON              | CORP              | US        |   42355369 | PA      | $42424408.21   | 0.14%             | 2031-10-31      | Variable      | 6.16%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3138LFZ84<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2185081 | PA      | $1871648.43    | 0.01%             | 2046-11-01      | Fixed         | 3.26%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC           | 1-Year/2-Year Interest Rate Swap                                                                     | CUSIP: N/A<br>LEI: I7331LVCZKQKX5T7XV54       | N/A              | DIR              |  | US        | -190220625 | NC      | $-478903.25    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3138WBRJ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      59429 | PA      | $59571.83      | 0.00%             | 2044-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VIRTU FINANCIAL INC                           | Virtu Financial                                                                                      | CUSIP: N/A<br>LEI: 549300FRO9M476YHHY64       | Long             | LON              | CORP              | US        |    2670000 | PA      | $2670000.00    | 0.01%             | 2031-06-21      | Variable      | 6.66%                 | No            |                  2 | On Loan: No      |
| SOLERA CORP                                   | Polaris Newco LLC                                                                                    | CUSIP: N/A<br>LEI: 254900LEPDAG7EDOA064       | Long             | LON              | CORP              | US        |    4948454 | PA      | $5402681.67    | 0.02%             | 2028-06-02      | Variable      | 6.03%                 | No            |                  2 | On Loan: No      |
| GATX CORP                                     | GATX Corp.                                                                                           | CUSIP: 361448BR3<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |    4428000 | PA      | $4601470.09    | 0.02%             | 2054-06-05      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| OHANA MILITARY COMM LLC                       | Ohana Military Communities LLC                                                                       | CUSIP: 677071AN2<br>LEI: 549300S2UFVVKP439S12 | Long             | DBT              | CORP              | US        |    3820000 | PA      | $3826276.26    | 0.01%             | 2036-10-01      | Fixed         | 5.56%                 | No            |                  2 | On Loan: No      |
| TENN VAL AUTH CPN STRIP                       | Tennessee Valley Authority                                                                           | CUSIP: 88059E7T5<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |    1612000 | PA      | $242165.92     | 0.00%             | 2060-09-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Hotwire Funding LLC                           | Hotwire Funding LLC                                                                                  | CUSIP: 44148JAA7<br>LEI: 254900ZCO90MCT7Y9348 | Long             | ABS-O            | CORP              | US        |    5350000 | PA      | $5214371.08    | 0.02%             | 2051-11-20      | Fixed         | 2.31%                 | No            |                  2 | On Loan: No      |
| Cerberus                                      | Cerberus Loan Funding XLIV LLC                                                                       | CUSIP: 15674DAA2<br>LEI: 6354005DPIRML7EMPA20 | Long             | ABS-O            | CORP              | US        |   50000000 | PA      | $50801700.00   | 0.17%             | 2036-01-15      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| GSAMP Trust                                   | GSAMP Trust                                                                                          | CUSIP: 362463AA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   10691908 | PA      | $6013311.09    | 0.02%             | 2036-06-25      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP                          | Targa Resources Corp.                                                                                | CUSIP: 87612GAQ4<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |    4875000 | PA      | $4991579.63    | 0.02%             | 2036-02-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                          | Westpac Banking Corp.                                                                                | CUSIP: 961214EY5<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |   12214000 | PA      | $9244364.26    | 0.03%             | 2041-11-18      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Cross Mortgage Trust                          | Cross Mortgage Trust                                                                                 | CUSIP: 22758NAD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   16446080 | PA      | $16594212.65   | 0.06%             | 2070-02-25      | Variable      | 5.89%                 | No            |                  2 | On Loan: No      |
| DAVITA INC                                    | DaVita, Inc.                                                                                         | CUSIP: 23918KAT5<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |     149000 | PA      | $136468.84     | 0.00%             | 2031-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO Ltd                | Golub Capital Partners CLO 16M-R3                                                                    | CUSIP: 38181EAG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   18750000 | PA      | $18688500.00   | 0.06%             | 2039-08-09      | Floating      | 6.27%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC                        | Cloud Software Group, Inc.                                                                           | CUSIP: 88632QAE3<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    7200000 | PA      | $7264946.23    | 0.02%             | 2029-03-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN NATIONAL GROUP                       | American National Group, Inc.                                                                        | CUSIP: 025676AQ0<br>LEI: 549300RK5RZQ740FPL83 | Long             | DBT              | CORP              | US        |   31375000 | PA      | $32029245.31   | 0.11%             | 2035-07-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Cerberus                                      | Cerberus Loan Funding XXXII, LP                                                                      | CUSIP: 15674LAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   63460127 | PA      | $63634876.73   | 0.22%             | 2033-04-22      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| BELL CANADA                                   | Bell Telephone Company of Canada or Bell Canada                                                      | CUSIP: 0778FPAP4<br>LEI: 5493000G3EFX9S7TDE29 | Long             | DBT              | CORP              | CA        |    5825000 | PA      | $6043029.75    | 0.02%             | 2055-09-15      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| BDS Ltd                                       | BDS LLC                                                                                              | CUSIP: 072921AC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   10200000 | PA      | $10157712.84   | 0.03%             | 2042-10-21      | Floating      | 5.71%                 | No            |                  2 | On Loan: No      |
| Saluda Grade Alternative Mortg                | Saluda Grade Alternative Mortgage Trust                                                              | CUSIP: 79581UAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   15211230 | PA      | $15758146.52   | 0.05%             | 2053-11-25      | Variable      | 6.72%                 | No            |                  2 | On Loan: No      |
| Cerberus                                      | Cerberus Loan Funding XLVI, LP                                                                       | CUSIP: 15675BAA5<br>LEI: 635400QFSCXQUKSANU86 | Long             | ABS-O            | CORP              | US        |   16500000 | PA      | $16594498.80   | 0.06%             | 2036-07-15      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| CAPSTONE ACQUISITION HOLDINGS INC             | Capstone Acquisition Holdings, Inc.                                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   20879932 | PA      | $20784683.54   | 0.07%             | 2029-11-12      | Variable      | 8.76%                 | No            |                  3 | On Loan: No      |
| STORE Master Funding LLC                      | STORE Master Funding I-VII                                                                           | CUSIP: 86212VAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   26090665 | PA      | $25822989.94   | 0.09%             | 2046-10-20      | Fixed         | 3.96%                 | No            |                  2 | On Loan: No      |
| GRANT THORNTON ADVISORS HOLDINGS LLC          | Grant Thornton Advisors LLC                                                                          | CUSIP: N/A<br>LEI: 254900XS1SHU0YY3WF58       | Long             | LON              | CORP              | US        |   21290000 | PA      | $21241033.00   | 0.07%             | 2031-05-30      | Variable      | 6.91%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                      | Angel Oak Mortgage Trust                                                                             | CUSIP: 034943AC4<br>LEI: 25490046TFINGL6XED11 | Long             | ABS-MBS          | CORP              | US        |    7011896 | PA      | $7079992.63    | 0.02%             | 2069-01-25      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| Owl Rock CLO Ltd                              | Owl Rock CLO III Ltd.                                                                                | CUSIP: 69120DAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   41250000 | PA      | $41478908.63   | 0.14%             | 2036-04-20      | Floating      | 6.18%                 | No            |                  2 | On Loan: No      |
| EMRLD BORROWER LP                             | EMRLD Borrower, LP                                                                                   | CUSIP: N/A<br>LEI: 5493000GJYE7GAQCUC61       | Long             | LON              | CORP              | US        |   18196594 | PA      | $18134908.04   | 0.06%             | 2030-05-31      | Variable      | 6.45%                 | No            |                  2 | On Loan: No      |
| Capital Automotive Reit                       | Capital Automotive REIT                                                                              | CUSIP: 12510HAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   21768638 | PA      | $21224108.52   | 0.07%             | 2050-02-15      | Fixed         | 3.48%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140QSFR7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   25193640 | PA      | $25087698.00   | 0.09%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EVERGY KANSAS CENTRAL                         | Evergy Kansas Central, Inc.                                                                          | CUSIP: 30036FAB7<br>LEI: J75GNWGEO73W89ZV3S44 | Long             | DBT              | CORP              | US        |    3350000 | PA      | $3381784.03    | 0.01%             | 2053-03-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| KKR GROUP FIN CO X LLC                        | KKR Group Finance Company X LLC                                                                      | CUSIP: 48255BAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   15150000 | PA      | $10208082.57   | 0.03%             | 2051-12-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Obsidian Issuer LLC                           | Obsidian Issuer LLC                                                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-O            | CORP              | US        |   36500000 | PA      | $36500000.00   | 0.12%             | 2055-05-15      | Fixed         | 6.93%                 | No            |                  3 | On Loan: No      |
| Morgan Stanley Capital Inc                    | Morgan Stanley ABS Capital I Incorporated Trust                                                      | CUSIP: 61748BAD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7425322 | PA      | $3717142.77    | 0.01%             | 2036-06-25      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                      | Charter Communications Operating LLC / Charter Communications Operating Capital                      | CUSIP: 161175CA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   13904000 | PA      | $9417072.42    | 0.03%             | 2052-06-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| STRATEGIC PARTNERS FUND VIII LP               | Strategic Partners Fund VIII, LP                                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-O            | CORP              | KY        |   30780988 | PA      | $30616555.07   | 0.10%             | 2026-03-10      | Variable      | 6.92%                 | No            |                  3 | On Loan: No      |
| Residential Accredit Loans, In                | RALI Series Trust                                                                                    | CUSIP: 761118VZ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5362610 | PA      | $885810.91     | 0.00%             | 2046-02-25      | Floating      | 4.81%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                     | Towd Point Mortgage Trust                                                                            | CUSIP: 89190KAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   14063794 | PA      | $14146777.66   | 0.05%             | 2065-06-25      | Variable      | 4.77%                 | No            |                  2 | On Loan: No      |
| ACCIDENT FUND INS CO AM                       | Accident Fund Insurance Company of America                                                           | CUSIP: 00452AAA8<br>LEI: 2549009NUX96RJZ6DQ30 | Long             | DBT              | CORP              | US        |    9000000 | PA      | $9077722.92    | 0.03%             | 2032-08-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 67118HAD2<br>LEI: 254900OHTVKDKZL33I54 | Long             | ABS-MBS          | CORP              | US        |    2663442 | PA      | $2680318.48    | 0.01%             | 2063-12-25      | Variable      | 6.18%                 | No            |                  2 | On Loan: No      |
| Long Beach Mortgage Loan Trust                | Long Beach Mortgage Loan Trust                                                                       | CUSIP: 54251RAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4324416 | PA      | $1700552.44    | 0.01%             | 2036-07-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| BX Trust                                      | BX Commercial Mortgage Trust                                                                         | CUSIP: 05610HAG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4410000 | PA      | $4404487.50    | 0.01%             | 2039-02-15      | Floating      | 6.11%                 | No            |                  2 | On Loan: No      |
| SYNAFERD AS                                   | Visma AS                                                                                             | CUSIP: N/A<br>LEI: 5967007LIEEXZXB1YO53       | Long             | LON              | CORP              | NO        |   23750000 | PA      | $27958401.83   | 0.09%             | 2028-12-05      | Variable      | 5.80%                 | No            |                  3 | On Loan: No      |
| Freddie Mac                                   | Freddie Mac                                                                                          | CUSIP: 3132DNYV9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     846132 | PA      | $853667.00     | 0.00%             | 2052-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Owl Rock CLO Ltd                              | Owl Rock CLO IV Ltd.                                                                                 | CUSIP: 691200AD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   16750000 | PA      | $16708553.80   | 0.06%             | 2033-08-20      | Floating      | 6.37%                 | No            |                  2 | On Loan: No      |
| TENN VAL AUTH CPN STRIP                       | Tennessee Valley Authority                                                                           | CUSIP: 88059E7R9<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |    1612000 | PA      | $255661.59     | 0.00%             | 2059-09-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Cerberus                                      | Cerberus Loan Funding 50 LLC                                                                         | CUSIP: 15673UAC1<br>LEI: 635400VJODJ5OZQ2H763 | Long             | ABS-O            | CORP              | US        |   11800000 | PA      | $11865940.76   | 0.04%             | 2037-07-15      | Floating      | 6.27%                 | No            |                  2 | On Loan: No      |
| BNP Paribas                                   | 1-Year/2-Year Interest Rate Swap                                                                     | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | N/A              | DIR              |  | FR        | -190220625 | NC      | $-454771.86    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                          | Bank of America Corp.                                                                                | CUSIP: 06051GMQ9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   16850000 | PA      | $17506620.91   | 0.06%             | 2036-02-12      | Variable      | 5.74%                 | No            |                  2 | On Loan: No      |
| AASET 2019-2 Trust                            | AASET Trust                                                                                          | CUSIP: 00038RAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     225391 | PA      | $223141.09     | 0.00%             | 2039-10-16      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                             | HSBC Holdings plc                                                                                    | CUSIP: 404280EN5<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    3290000 | PA      | $3393647.11    | 0.01%             | 2030-11-19      | Variable      | 5.29%                 | No            |                  2 | On Loan: No      |
| TENN VAL AUTH CPN STRIP                       | Tennessee Valley Authority                                                                           | CUSIP: 88059E7F5<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |    1020000 | PA      | $214562.10     | 0.00%             | 2054-09-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| VICOF II TRUST                                | VICOF 2                                                                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-O            | CORP              | US        |     265755 | PA      | $264231.49     | 0.00%             | 2030-02-22      | Variable      | 4.00%                 | No            |                  3 | On Loan: No      |
| AMSTED INDUSTRIES                             | Amsted Industries, Inc.                                                                              | CUSIP: 032177AK3<br>LEI: N2VLGYMEEBIU3PFSUY86 | Long             | DBT              | CORP              | US        |    3609000 | PA      | $3704205.42    | 0.01%             | 2033-03-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| SPEEDSTER MIV SCSP                            | Speedster Bidco GmbH                                                                                 | CUSIP: N/A<br>LEI: 254900LE837QB2YYV824       | Long             | LON              | CORP              | DE        |    9920212 | PA      | $9926462.05    | 0.03%             | 2031-12-10      | Variable      | 7.24%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                          | OneMain Finance Corp.                                                                                | CUSIP: 682691AL4<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    3650000 | PA      | $3696300.25    | 0.01%             | 2030-05-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 67118XAA3<br>LEI: 254900LMIQVUH9BFZJ05 | Long             | ABS-MBS          | CORP              | US        |    9375791 | PA      | $9521660.87    | 0.03%             | 2064-02-25      | Variable      | 6.45%                 | No            |                  2 | On Loan: No      |
| CLEAN HARBORS INC                             | Clean Harbors, Inc.                                                                                  | CUSIP: N/A<br>LEI: 5493000SJVZVZJKHJF48       | Long             | LON              | CORP              | US        |   21792765 | PA      | $21792765.33   | 0.07%             | 2028-10-10      | Variable      | 5.91%                 | No            |                  2 | On Loan: No      |
| Maps LTD                                      | MAPS Trust                                                                                           | CUSIP: 55292RAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    8608814 | PA      | $8233353.34    | 0.03%             | 2046-06-15      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| FRONT RANGE TOPCO INC                         | Zayo Group Holdings, Inc.                                                                            | CUSIP: N/A<br>LEI: 529900Z6OTS7RT0V0I47       | Long             | LON              | CORP              | US        |    1209164 | PA      | $1190276.87    | 0.00%             | 2027-03-09      | Variable      | 7.43%                 | No            |                  2 | On Loan: No      |
| Carlyle Direct Lending CLO LLC                | Carlyle Direct Lending CLO LLC                                                                       | CUSIP: 14310QAN8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   28850000 | PA      | $28922125.00   | 0.10%             | 2036-07-15      | Floating      | 6.12%                 | No            |                  2 | On Loan: No      |
| Asset Backed Securities Corp H                | Asset-Backed Securities Corporation Home Equity Loan Trust Series AEG                                | CUSIP: 04541GVL3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5315921 | PA      | $5217684.09    | 0.02%             | 2036-01-25      | Floating      | 3.61%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                      | Venture Global Calcasieu Pass LLC                                                                    | CUSIP: 92328MAC7<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |   10672000 | PA      | $9615737.20    | 0.03%             | 2033-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                  | Credit Suisse Mortgage Capital Certificates                                                          | CUSIP: 12658XAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   14251189 | PA      | $14181832.70   | 0.05%             | 2061-02-25      | Variable      | 3.86%                 | No            |                  2 | On Loan: No      |
| GSAMP Trust                                   | GSAMP Trust                                                                                          | CUSIP: 3622MGAD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6533472 | PA      | $3220547.40    | 0.01%             | 2046-12-25      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| FEDERAL FARM CREDIT BANK                      | Federal Farm Credit Bank                                                                             | CUSIP: 3133ENGJ3<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGSE             | US        |     220000 | PA      | $165883.52     | 0.00%             | 2041-12-09      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| New York Mortgage Trust                       | NYMT Loan Trust 2025-CP1                                                                             | CUSIP: 67121VAA2<br>LEI: 254900JF85A0S614L988 | Long             | ABS-MBS          | CORP              | US        |   46940456 | PA      | $45017615.59   | 0.15%             | 2069-11-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                       | MPLX, LP                                                                                             | CUSIP: 55336VBW9<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    1630000 | PA      | $1538511.33    | 0.01%             | 2053-03-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| POLARIS INC                                   | Polaris, Inc.                                                                                        | CUSIP: 731068AA0<br>LEI: 549300QJSN8UVWN1EI78 | Long             | DBT              | CORP              | US        |   13000000 | PA      | $13800106.06   | 0.05%             | 2029-03-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| SYMETRA LIFE INSURANCE                        | Symetra Life Insurance Co.                                                                           | CUSIP: 87151KAA7<br>LEI: 2CKADF5K7JYB5EG0VY36 | Long             | DBT              | CORP              | US        |   10900000 | PA      | $11563484.31   | 0.04%             | 2055-10-01      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                    | Verus Securitization Trust 2025-7                                                                    | CUSIP: 924931AF5<br>LEI: 213800OVCAXDOBS94P47 | Long             | ABS-MBS          | CORP              | US        |   11886918 | PA      | $11889940.48   | 0.04%             | 2070-08-25      | Variable      | 5.38%                 | No            |                  2 | On Loan: No      |
| JPMDB Commercial Mortgage Secu                | JPMDB Commercial Mortgage Securities Trust                                                           | CUSIP: 46590TAG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6850282 | PA      | $49719.34      | 0.00%             | 2050-03-15      | Variable      | 0.99%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140Y6DG2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   27172532 | PA      | $27622476.51   | 0.09%             | 2055-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BLUE OWL GP STAKES V ISSUER                   | Blue Owl Capital GP LLC                                                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |    7615200 | PA      | $7777455.85    | 0.03%             | 2043-08-22      | Fixed         | 7.11%                 | No            |                  3 | On Loan: No      |
| Morgan Stanley IXIS Real Estat                | Morgan Stanley IXIS Real Estate Capital Trust                                                        | CUSIP: 617463AC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   15518931 | PA      | $4944879.18    | 0.02%             | 2036-11-25      | Floating      | 4.42%                 | No            |                  2 | On Loan: No      |
| ALTRIA GROUP INC                              | Altria Group, Inc.                                                                                   | CUSIP: 02209SBK8<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |   25185000 | PA      | $20417706.41   | 0.07%             | 2050-05-06      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| SERVPRO MASTER ISSUER, LLC                    | SERVPRO Master Issuer LLC                                                                            | CUSIP: 817743AA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    6461780 | PA      | $6399181.51    | 0.02%             | 2049-10-25      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Guggenheim Partners Investment Management LLC | Guggenheim Strategy Fund III                                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | RF                | US        |    2239102 | NS      | $55865593.70   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Towd Point Mortgage Trust                     | Towd Point Mortgage Trust                                                                            | CUSIP: 89181XAM3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3462747 | PA      | $3488455.75    | 0.01%             | 2063-07-25      | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                               | U.S. Treasury Notes                                                                                  | CUSIP: 91282CMM0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   58500000 | PA      | $60794296.88   | 0.21%             | 2035-02-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                | Morgan Stanley                                                                                       | CUSIP: 61747YFM2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   23310000 | PA      | $24405495.17   | 0.08%             | 2039-02-07      | Variable      | 5.94%                 | No            |                  2 | On Loan: No      |
| GRAHAM HOLDINGS CO                            | Graham Holdings Co.                                                                                  | CUSIP: 384637AA2<br>LEI: 529900BOSCEEEMAFQJ29 | Long             | DBT              | CORP              | US        |    4767000 | PA      | $4765057.45    | 0.02%             | 2026-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| STONEPEAK PARTNERS UPPER HOLDINGS LP          | Xplore, Inc.                                                                                         | CUSIP: N/A<br>LEI: 2138007ZVGYYNWEGU394       | Long             | LON              | CORP              | CA        |     408001 | PA      | $383520.74     | 0.00%             | 2029-10-23      | Variable      | 4.64%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 67119EAA4<br>LEI: 254900F5LT8CA1U6PK21 | Long             | ABS-MBS          | CORP              | US        |    4377435 | PA      | $4422624.17    | 0.01%             | 2064-06-25      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                          | Bank of America Corp.                                                                                | CUSIP: 06055HAK9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |   20125000 | NS      | $20382128.07   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| HIGGINBOTHAM INSURANCE AGENCY INC             | Higginbotham Insurance Agency, Inc.                                                                  | CUSIP: N/A<br>LEI: 549300IY2QEM8MQC2K06       | Long             | LON              | CORP              | US        |    4556295 | PA      | $4529042.12    | 0.02%             | 2028-11-24      | Variable      | 8.91%                 | No            |                  3 | On Loan: No      |
| Stack Infrastructure Issuer LL                | Stack Infrastructure Issuer LLC                                                                      | CUSIP: 85236KAH5<br>LEI: 254900AV7V87H3A2WM57 | Long             | ABS-O            | CORP              | US        |    6000000 | PA      | $6049690.80    | 0.02%             | 2048-07-25      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Firstkey Homes Trust                          | FirstKey Homes Trust                                                                                 | CUSIP: 33767JBC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   20340000 | PA      | $20255253.39   | 0.07%             | 2037-10-19      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SLAM 2021-1 LLC                               | Slam Ltd.                                                                                            | CUSIP: 78449AAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1099950 | PA      | $1043931.09    | 0.00%             | 2046-06-15      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| Nassau 2019 CFO LLC                           | Nassau LLC                                                                                           | CUSIP: 63172DAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    5870295 | PA      | $5590925.18    | 0.02%             | 2034-08-15      | Fixed         | 3.98%                 | Yes           |                  2 | On Loan: No      |
| KINDER MORGAN ENER PART                       | Kinder Morgan Energy Partners, LP                                                                    | CUSIP: 28370TAD1<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |    2910000 | PA      | $3411702.19    | 0.01%             | 2040-11-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                         | Wells Fargo & Co.                                                                                    | CUSIP: 95002YAC7<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EP               | CORP              | US        |   12840000 | NS      | $13493427.60   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| ALTRIA GROUP INC                              | Altria Group, Inc.                                                                                   | CUSIP: 02209SBN2<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |   25038000 | PA      | $18042084.85   | 0.06%             | 2051-02-04      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| QUALITYTECH LP                                | QTS Corp.                                                                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |   51300000 | PA      | $51311350.13   | 0.17%             | 2032-08-21      | Fixed         | 5.42%                 | No            |                  3 | On Loan: No      |
| Verus Securitization Trust                    | Verus Securitization Trust                                                                           | CUSIP: 92540HAB2<br>LEI: 213800YE6HC7EZSFHW30 | Long             | ABS-MBS          | CORP              | US        |    1851185 | PA      | $1876269.78    | 0.01%             | 2069-06-25      | Variable      | 6.45%                 | No            |                  2 | On Loan: No      |
| TENN VALLEY AUTHORITY                         | Tennessee Valley Authority                                                                           | CUSIP: 880591DZ2<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |    9283000 | PA      | $9434238.64    | 0.03%             | 2056-04-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| MID-ATLANTIC MILITARY CO                      | Mid-Atlantic Military Family Communities LLC                                                         | CUSIP: 59524EAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3574246 | PA      | $3373049.80    | 0.01%             | 2050-08-01      | Fixed         | 5.24%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 673911AD5<br>LEI: 254900HMH8TR6ZSMCB34 | Long             | ABS-MBS          | CORP              | US        |    3073920 | PA      | $3098634.59    | 0.01%             | 2064-11-25      | Variable      | 5.86%                 | No            |                  2 | On Loan: No      |
| New Economy Assets Phase 1 Iss                | New Economy Assets Phase 1 Sponsor LLC                                                               | CUSIP: 643821AB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   10000000 | PA      | $6641468.00    | 0.02%             | 2061-10-20      | Fixed         | 2.41%                 | No            |                  2 | On Loan: No      |
| Copper River CLO Ltd                          | Copper River CLO Ltd.                                                                                | CUSIP: 217563AC9<br>LEI: 5493005HHHXVM8NBWY47 | Long             | ABS-O            | CORP              | KY        |    1500000 | PA      | $150.00        | 0.00%             | 2021-01-20      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| NTT FINANCE CORP                              | NTT Finance Corp.                                                                                    | CUSIP: 62954WAQ8<br>LEI: 3538007PR116187GD960 | Long             | DBT              | CORP              | JP        |    3410000 | PA      | $3443718.49    | 0.01%             | 2028-07-16      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| CMS ENERGY CORP                               | CMS Energy Corp.                                                                                     | CUSIP: 125896BY5<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |   22615000 | PA      | $23414417.86   | 0.08%             | 2055-06-01      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| NIPPON LIFE INSURANCE                         | Nippon Life Insurance Co.                                                                            | CUSIP: 654579AK7<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |   10380000 | PA      | $9283304.32    | 0.03%             | 2051-09-16      | Variable      | 2.90%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE LIFE HOLDINGS                      | Corebridge Life Holdings, Inc.                                                                       | CUSIP: 00138GAC3<br>LEI: 5493001FBIY3WQ6U5014 | Long             | DBT              | CORP              | US        |   17100000 | PA      | $20795247.24   | 0.07%             | 2046-03-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| XPLORE INC                                    | Xplore, Inc.                                                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CA        |      80273 | NS      | $185758.09     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| STORE Master Funding LLC                      | STORE Master Funding LLC                                                                             | CUSIP: 86212FAF6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4850000 | PA      | $4856431.68    | 0.02%             | 2055-10-20      | Fixed         | 5.17%                 | No            |                  2 | On Loan: No      |
| TELUS CORP                                    | TELUS Corp.                                                                                          | CUSIP: 87971MCM3<br>LEI: 894500WE70KKZRQMBU11 | Long             | DBT              | CORP              | CA        |    9850000 | PA      | $10386007.45   | 0.04%             | 2055-10-15      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| BX Trust                                      | BX Trust                                                                                             | CUSIP: 05612TAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   20650000 | PA      | $20662906.25   | 0.07%             | 2041-06-15      | Floating      | 6.29%                 | No            |                  2 | On Loan: No      |
| Legacy Mortgage Asset Trust                   | Legacy Mortgage Asset Trust                                                                          | CUSIP: 52475WAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3979518 | PA      | $3981792.94    | 0.01%             | 2060-11-25      | Variable      | 5.65%                 | No            |                  2 | On Loan: No      |
| ESSENDI SA                                    | AccorInvest Group S.A.                                                                               | CUSIP: N/A<br>LEI: 2221000MD2YP7WLTNC52       | Long             | DBT              | CORP              | LU        |    1900000 | PA      | $2250231.13    | 0.01%             | 2032-05-15      | Variable      | 5.79%                 | No            |                  2 | On Loan: No      |
| ALCOA NEDERLAND HOLDING                       | Alcoa Nederland Holding B.V.                                                                         | CUSIP: 013822AH4<br>LEI: 5493000UL1QLQLT1VQ42 | Long             | DBT              | CORP              | NL        |    3200000 | PA      | $3363782.40    | 0.01%             | 2031-03-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| CENTRAL GARDEN & PET CO                       | Central Garden & Pet Co.                                                                             | CUSIP: 153527AP1<br>LEI: 5493004DVZLD37DJ0H83 | Long             | DBT              | CORP              | US        |    3854000 | PA      | $3595729.28    | 0.01%             | 2031-04-30      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch Alternative Note                | Merrill Lynch Alternative Note Asset Trust Series                                                    | CUSIP: 59023MAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   18129209 | PA      | $5425655.33    | 0.02%             | 2037-01-25      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| FIGRE Trust                                   | FIGRE Trust                                                                                          | CUSIP: 31684HAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   12249403 | PA      | $12520411.12   | 0.04%             | 2054-03-25      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| THL Credit Lake Shore MM CLO I                | THL Credit Lake Shore MM CLO I Ltd.                                                                  | CUSIP: 510800AC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   28573536 | PA      | $28659124.83   | 0.10%             | 2033-04-15      | Floating      | 6.28%                 | No            |                  2 | On Loan: No      |
| CIM Trust                                     | CIM TRUST                                                                                            | CUSIP: 12575LAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   38269911 | PA      | $38060073.13   | 0.13%             | 2099-02-25      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Tricon Residential                            | Tricon Residential Trust                                                                             | CUSIP: 89616VAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    7950000 | PA      | $8104769.01    | 0.03%             | 2040-06-17      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                          | OneMain Finance Corp.                                                                                | CUSIP: 85172FAN9<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    6588000 | PA      | $6647542.34    | 0.02%             | 2026-03-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| DAVITA INC                                    | DaVita, Inc.                                                                                         | CUSIP: 23918KAS7<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |      76000 | PA      | $72837.56      | 0.00%             | 2030-06-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                    | Verus Securitization Trust                                                                           | CUSIP: 92540EAC7<br>LEI: 984500A3F1D749452747 | Long             | ABS-MBS          | CORP              | US        |    2361377 | PA      | $2374052.65    | 0.01%             | 2069-01-25      | Variable      | 6.12%                 | No            |                  2 | On Loan: No      |
| NEW BOOST HOLDCO LLC                          | Worldpay                                                                                             | CUSIP: N/A<br>LEI: 254900S8RE1OL7TTCU64       | Long             | LON              | CORP              | US        |    3918074 | PA      | $3919719.28    | 0.01%             | 2031-01-31      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| CMFT Net Lease Master Issuer L                | CMFT Net Lease Master Issuer LLC                                                                     | CUSIP: 12575AAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3000000 | PA      | $2770612.20    | 0.01%             | 2051-07-20      | Fixed         | 2.51%                 | No            |                  2 | On Loan: No      |
| CARLYLE GROUP INC/THE                         | Carlyle Group, Inc.                                                                                  | CUSIP: 14316JAA6<br>LEI: 529900NGGVF94UK6PG95 | Long             | DBT              | CORP              | US        |   33700000 | PA      | $33582151.78   | 0.11%             | 2035-09-19      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Bank of Montreal                              | Bank of Montreal                                                                                     | CUSIP: N/A<br>LEI: NQQ6HPCNCCU6TUTQYE16       | Long             | RA               | CORP              | US        |    9198328 | PA      | $9198328.00    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| RWC Commercial Mortgage Securi                | RWC Commercial Mortgage 2025-1 Trust                                                                 | CUSIP: 78348LAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   27433000 | PA      | $27398031.15   | 0.09%             | 2040-06-25      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| DATIX BIDCO LIMITED                           | Datix Bidco Ltd.                                                                                     | CUSIP: N/A<br>LEI: 9845006BT9AF870CZ249       | Long             | LON              | CORP              | US        |   10570675 | PA      | $14216876.94   | 0.05%             | 2031-04-30      | Variable      | 9.21%                 | No            |                  3 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140QWCL4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  135245264 | PA      | $137716485.60  | 0.47%             | 2055-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae                                    | Ginnie Mae                                                                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-MBS          | USGA              | US        |  243328901 | PA      | $241664531.32  | 0.82%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                           | COMM Mortgage Trust                                                                                  | CUSIP: 12635QBH2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     892964 | PA      | $5.36          | 0.00%             | 2048-10-10      | Variable      | 0.69%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140HVC93<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1564801 | PA      | $1343216.53    | 0.00%             | 2049-08-01      | Fixed         | 3.46%                 | No            |                  2 | On Loan: No      |
| Anchorage Credit Funding Ltd.                 | Anchorage Credit Funding 13 Ltd.                                                                     | CUSIP: 03290AAJ9<br>LEI: 549300N5JCR10GGBIT41 | Long             | ABS-O            | CORP              | KY        |    2700000 | PA      | $2572321.32    | 0.01%             | 2039-07-27      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                      | Madison Park Funding LVIII Ltd.                                                                      | CUSIP: 55817BAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    8250000 | PA      | $8308222.73    | 0.03%             | 2037-04-25      | Floating      | 6.77%                 | No            |                  2 | On Loan: No      |
| SUNRISE COMMUNICATIONS AG                     | UPC Financing Partnership                                                                            | CUSIP: N/A<br>LEI: 213800DXWIS9KORQ3X94       | Long             | LON              | CORP              | US        |    1300000 | PA      | $1295359.00    | 0.00%             | 2032-02-29      | Variable      | 6.69%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 67448YAE4<br>LEI: 254900MBGY6CR10DAX67 | Long             | ABS-MBS          | CORP              | US        |    6370222 | PA      | $6415668.71    | 0.02%             | 2064-12-01      | Variable      | 5.95%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                    | Verus Securitization Trust                                                                           | CUSIP: 92540XAC5<br>LEI: 213800Z7TIVJRAYLRV98 | Long             | ABS-MBS          | CORP              | US        |    4920172 | PA      | $4937149.83    | 0.02%             | 2070-06-25      | Variable      | 5.68%                 | No            |                  2 | On Loan: No      |
| Woodward Capital Management                   | RCKT Mortgage Trust 2025-CES7                                                                        | CUSIP: 74943AAA0<br>LEI: 254900E35NYYFOUTHD06 | Long             | ABS-MBS          | CORP              | US        |   12216531 | PA      | $12328240.23   | 0.04%             | 2055-07-25      | Variable      | 5.38%                 | No            |                  2 | On Loan: No      |
| TENN VAL AUTH CPN STRIP                       | Tennessee Valley Authority                                                                           | CUSIP: 88059GBA6<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |    1020000 | PA      | $145143.96     | 0.00%             | 2061-09-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GXO LOGISTICS INC                             | GXO Logistics, Inc.                                                                                  | CUSIP: 36262GAG6<br>LEI: 5493007CNWMXN78JRN66 | Long             | DBT              | CORP              | US        |   10485000 | PA      | $11272999.02   | 0.04%             | 2034-05-06      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ENI SPA                                       | Eni SpA                                                                                              | CUSIP: 26874RAP3<br>LEI: BUCRF72VH5RBN7X3VL35 | Long             | DBT              | CORP              | IT        |    2020000 | PA      | $2019334.69    | 0.01%             | 2054-05-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                       | Dryden XXVI Senior Loan Fund                                                                         | CUSIP: 26250UAU9<br>LEI: 549300ENU7ZZLTPT3E22 | Long             | ABS-O            | CORP              | KY        |    3500000 | PA      | $3506568.45    | 0.01%             | 2029-04-15      | Floating      | 6.43%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC                                   | Freddie Mac                                                                                          | CUSIP: 3134GWS98<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGSE             | US        |     360000 | PA      | $204132.96     | 0.00%             | 2050-09-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| SAUDI INTERNATIONAL BOND                      | Saudi Government International Bond                                                                  | CUSIP: 80413TBL2<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |   13900000 | PA      | $14808313.43   | 0.05%             | 2035-01-13      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Wingstop Funding LLC                          | Wingstop Funding LLC                                                                                 | CUSIP: 974153AE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   12000000 | PA      | $12418258.80   | 0.04%             | 2054-12-05      | Fixed         | 5.86%                 | No            |                  2 | On Loan: No      |
| Switch ABS Issuer, LLC                        | Switch ABS Issuer LLC                                                                                | CUSIP: 871044AE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   52900000 | PA      | $53167070.94   | 0.18%             | 2054-06-25      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage                 | Citigroup Commercial Mortgage Trust                                                                  | CUSIP: 17324KAS7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     810679 | PA      | $746482.63     | 0.00%             | 2048-11-10      | Variable      | 4.35%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trus                | BRAVO Residential Funding Trust                                                                      | CUSIP: 10569MAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6259256 | PA      | $6296165.88    | 0.02%             | 2064-12-25      | Variable      | 5.91%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                      | Madison Park Funding LIII Ltd.                                                                       | CUSIP: 558189AC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   24000000 | PA      | $23997364.80   | 0.08%             | 2035-04-21      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| American Home Mortgage Assets                 | American Home Mortgage Assets Trust                                                                  | CUSIP: 026936AA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7655948 | PA      | $7272284.29    | 0.02%             | 2047-06-25      | Floating      | 4.65%                 | No            |                  2 | On Loan: No      |
| HASBRO INC                                    | Hasbro, Inc.                                                                                         | CUSIP: 418056BA4<br>LEI: 549300NUB6D2R1ITYR45 | Long             | DBT              | CORP              | US        |   23976000 | PA      | $25076616.60   | 0.09%             | 2034-05-14      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                | Amazon.com, Inc.                                                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |    6368174 | PA      | $5305308.88    | 0.02%             | 2042-10-10      | Fixed         | 2.65%                 | No            |                  3 | On Loan: No      |
| PMH SPV - C LLC                               | Project Onyx II                                                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-O            | CORP              | US        |   11036153 | PA      | $11000895.05   | 0.04%             | 2027-01-26      | Variable      | 7.09%                 | No            |                  3 | On Loan: No      |
| UNIVERSAL HEALTH SVCS                         | Universal Health Services, Inc.                                                                      | CUSIP: 913903BC3<br>LEI: 549300YGMGQDO0NMJD09 | Long             | DBT              | CORP              | US        |   13850000 | PA      | $13517756.78   | 0.05%             | 2034-10-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| BOOST NEWCO BORROWER LLC                      | Boost Newco Borrower LLC                                                                             | CUSIP: 36268NAA8<br>LEI: 254900S8RE1OL7TTCU64 | Long             | DBT              | CORP              | US        |    2600000 | PA      | $2758324.40    | 0.01%             | 2031-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                      | Angel Oak Mortgage Trust                                                                             | CUSIP: 03466HAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2195119 | PA      | $2173077.74    | 0.01%             | 2068-11-26      | Variable      | 4.80%                 | No            |                  2 | On Loan: No      |
| BLUE RIBBON LLC (USA)                         | Blue Ribbon LLC                                                                                      | CUSIP: N/A<br>LEI: 549300NQM7J4KC44D416       | Long             | LON              | CORP              | US        |   12065625 | PA      | $7396228.13    | 0.03%             | 2028-05-08      | Variable      | 10.55%                | No            |                  2 | On Loan: No      |
| JPMDB Commercial Mortgage Secu                | JPMDB Commercial Mortgage Securities Trust                                                           | CUSIP: 46590LAV4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   22149212 | PA      | $62642.40      | 0.00%             | 2049-06-15      | Variable      | 1.62%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HLDGS                      | Santander UK Group Holdings plc                                                                      | CUSIP: 80281LAY1<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |    6440000 | PA      | $6379963.68    | 0.02%             | 2036-09-22      | Variable      | 5.14%                 | No            |                  2 | On Loan: No      |
| TRITON CONTAINER                              | Triton Container International Ltd.                                                                  | CUSIP: 89680YAC9<br>LEI: 549300O4LZFLCX53XZ54 | Long             | DBT              | CORP              | BM        |   33621000 | PA      | $29982178.66   | 0.10%             | 2031-06-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                     | Towd Point Mortgage Trust                                                                            | CUSIP: 89190KAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   16847754 | PA      | $16852120.44   | 0.06%             | 2065-06-25      | Variable      | 4.77%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Inc                    | Morgan Stanley ABS Capital I Incorporated Trust                                                      | CUSIP: 61749BAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   23351505 | PA      | $12111923.37   | 0.04%             | 2036-10-25      | Floating      | 4.42%                 | No            |                  2 | On Loan: No      |
| PLAINS ALL AMERICAN PIPE                      | Plains All American Pipeline, LP                                                                     | CUSIP: 72650RBQ4<br>LEI: 5521FA2ITF25TVH63740 | Long             | DBT              | CORP              | US        |   24100000 | PA      | $25151512.64   | 0.09%             | 2035-06-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| BELVOIR LAND LLC                              | Belvoir Land LLC                                                                                     | CUSIP: 081331AH3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5600000 | PA      | $5544705.60    | 0.02%             | 2035-12-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Foundation Finance Trust                      | Foundation Finance Trust                                                                             | CUSIP: 35040WAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3650000 | PA      | $3688860.09    | 0.01%             | 2050-04-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC                      | Rocket Mortgage LLC / Rocket Mortgage Company-Issuer, Inc.                                           | CUSIP: 74841CAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   46892000 | PA      | $43789802.53   | 0.15%             | 2031-03-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| STANLEY BLACK & DECKER I                      | Stanley Black & Decker, Inc.                                                                         | CUSIP: 854502AQ4<br>LEI: 549300DJ09SMTO561131 | Long             | DBT              | CORP              | US        |    1550000 | PA      | $1393992.61    | 0.00%             | 2032-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Long Beach Mortgage Loan Trust                | Long Beach Mortgage Loan Trust                                                                       | CUSIP: 54251UAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3677331 | PA      | $933655.57     | 0.00%             | 2036-09-25      | Floating      | 4.45%                 | No            |                  2 | On Loan: No      |
| HLEND CLO LLC                                 | Hlend CLO LLC                                                                                        | CUSIP: 403961AA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   52250000 | PA      | $52316064.90   | 0.18%             | 2037-01-20      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Bank of America, N.A.                         | Foreign Exchange EUR/USD                                                                             | CUSIP: N/A<br>LEI: B4TYDEB6GKMZO031MB27       | N/A              | DFE              |  | US        |  220792000 | NC      | $371086.64     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HYATT HOTELS CORP                             | Hyatt Hotels Corp.                                                                                   | CUSIP: 448579AV4<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |   12100000 | PA      | $12619331.03   | 0.04%             | 2032-03-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HANGER INC                                    | Hanger, Inc.                                                                                         | CUSIP: N/A<br>LEI: 254900ZJJJYVLHJXSZ60       | Short            | LON              | CORP              | US        |    -976854 | PA      | $-0.01         | -0.00%            | 2031-10-23      | Variable      | 3.50%                 | No            |                  3 | On Loan: No      |
| Capmark Military Housing Trust                | Capmark Military Housing Trust                                                                       | CUSIP: 140694AA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4395140 | PA      | $4008787.60    | 0.01%             | 2052-10-10      | Fixed         | 6.06%                 | No            |                  3 | On Loan: No      |
| BLUE OWL FINANCE LLC                          | Blue Owl Finance LLC                                                                                 | CUSIP: 09581JAT3<br>LEI: 254900OF2NO2GYFV5T41 | Long             | DBT              | CORP              | US        |    9880000 | PA      | $10361389.26   | 0.04%             | 2034-04-18      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Vista Point Securitization Tru                | Vista Point Securitization Trust                                                                     | CUSIP: 92842DAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   38126336 | PA      | $38373562.69   | 0.13%             | 2055-04-25      | Variable      | 5.81%                 | No            |                  2 | On Loan: No      |
| GSAMP Trust                                   | GSAMP Trust                                                                                          | CUSIP: 3622M8AE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   10107000 | PA      | $8781636.75    | 0.03%             | 2037-01-25      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| EAGLE POINT HOLDINGS BORROWER LLC             | Eagle Point Holdings Borrower, LLC                                                                   | CUSIP: N/A<br>LEI: N/A                        | Short            | LON              | CORP              | US        |   -5043838 | PA      | $-0.05         | -0.00%            | 2028-03-31      | Variable      | 0.50%                 | No            |                  3 | On Loan: No      |
| Station Place Securitization T                | Station Place Securitization Trust                                                                   | CUSIP: 85773HAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   34275000 | PA      | $34275000.00   | 0.12%             | 2025-11-17      | Floating      | 5.45%                 | No            |                  3 | On Loan: No      |
| Freddie Mac Military Housing B                | Freddie Mac Military Housing Bonds Resecuritization Trust Certificates                               | CUSIP: 35563CAD0<br>LEI: 549300ZG8WH0M4JSUM77 | Long             | ABS-MBS          | USGSE             | US        |   40548307 | PA      | $35498676.28   | 0.12%             | 2055-11-25      | Variable      | 4.65%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC                         | Quikrete Holdings, Inc.                                                                              | CUSIP: N/A<br>LEI: 5493007KIN86DIZWZT22       | Long             | LON              | CORP              | US        |    8303275 | PA      | $8297628.77    | 0.03%             | 2032-02-10      | Variable      | 6.41%                 | No            |                  2 | On Loan: No      |
| Cerberus                                      | Cerberus Loan Funding XXXII, LP                                                                      | CUSIP: 15674LAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   20925000 | PA      | $21045578.22   | 0.07%             | 2033-04-22      | Floating      | 7.43%                 | No            |                  2 | On Loan: No      |
| TSY INFL IX N/B                               | United States Treasury Inflation Indexed Bonds                                                       | CUSIP: 91282CKL4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  318538486 | PA      | $328790497.87  | 1.11%             | 2029-04-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC           | 9-Month/5-Year Interest Rate Swap                                                                    | CUSIP: N/A<br>LEI: I7331LVCZKQKX5T7XV54       | N/A              | DIR              |  | US        |  440817500 | NC      | $5563315.22    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| FAIRFAX FINL HLDGS LTD                        | Fairfax Financial Holdings Ltd.                                                                      | CUSIP: 303901BV3<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | DBT              | CORP              | CA        |   17425000 | PA      | $18065190.32   | 0.06%             | 2035-05-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Tricon Residential                            | Tricon Residential Trust                                                                             | CUSIP: 89616VAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    9980660 | PA      | $10011983.65   | 0.03%             | 2040-06-17      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ARDONAGH FINCO LTD                            | Ardonagh Finco Ltd.                                                                                  | CUSIP: 039853AA4<br>LEI: 254900D2T84O1K03BA28 | Long             | DBT              | CORP              | JE        |    5300000 | PA      | $5545861.70    | 0.02%             | 2031-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Stack Infrastructure Issuer LL                | Stack Infrastructure Issuer LLC                                                                      | CUSIP: 85236KAM4<br>LEI: 254900AV7V87H3A2WM57 | Long             | ABS-O            | CORP              | US        |   16250000 | PA      | $16516862.38   | 0.06%             | 2049-03-25      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Servpro Master Issuer, LLC                    | SERVPRO Master Issuer LLC                                                                            | CUSIP: 817743AJ6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   22773200 | PA      | $23530577.42   | 0.08%             | 2054-01-25      | Fixed         | 6.17%                 | No            |                  2 | On Loan: No      |
| ENERSYS                                       | EnerSys                                                                                              | CUSIP: 29275YAF9<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | DBT              | CORP              | US        |    4725000 | PA      | $4862388.83    | 0.02%             | 2032-01-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Ace Securities Corp.                          | ACE Securities Corporation Home Equity Loan Trust Series                                             | CUSIP: 00442JAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7710845 | PA      | $3118409.77    | 0.01%             | 2037-03-25      | Floating      | 4.67%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs International                   | Foreign Exchange USD/JPY                                                                             | CUSIP: N/A<br>LEI: W22LROWP2IHZNBB6K528       | N/A              | DFE              |  | US        |   70580000 | NC      | $908781.02     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Cerberus                                      | Cerberus Loan Funding XXXII, LP                                                                      | CUSIP: 15674LAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   19200000 | PA      | $19154870.40   | 0.06%             | 2033-04-22      | Floating      | 6.48%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC           | 6-Month/5-Year Interest Rate Swap                                                                    | CUSIP: N/A<br>LEI: I7331LVCZKQKX5T7XV54       | N/A              | DIR              |  | US        | -135871875 | NC      | $-226918.26    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                   | Foreign Exchange USD/JPY                                                                             | CUSIP: N/A<br>LEI: W22LROWP2IHZNBB6K528       | N/A              | DFE              |  | US        |   22405000 | NC      | $660235.02     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| PARKLAND CORP                                 | Parkland Corp.                                                                                       | CUSIP: 70137WAN8<br>LEI: 549300UY5C6HUV0XLS53 | Long             | DBT              | CORP              | CA        |    4200000 | PA      | $4315760.40    | 0.01%             | 2032-08-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust                 | Citigroup Mortgage Loan Trust, Inc.                                                                  | CUSIP: 17330VAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   13912793 | PA      | $13950733.27   | 0.05%             | 2062-09-25      | Variable      | 9.17%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                   | Freddie Mac                                                                                          | CUSIP: 3132WWAS1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1471013 | PA      | $1031066.90    | 0.00%             | 2050-05-01      | Fixed         | 1.96%                 | No            |                  2 | On Loan: No      |
| Firstkey Homes Trust                          | FirstKey Homes Trust                                                                                 | CUSIP: 33767WAG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   13174000 | PA      | $12850795.67   | 0.04%             | 2038-08-17      | Fixed         | 2.19%                 | No            |                  2 | On Loan: No      |
| Fortress Credit BSL Limited                   | Fortress Credit BSL XVI Ltd.                                                                         | CUSIP: 349927AQ6<br>LEI: 254900KG4E8W7Q68M916 | Long             | ABS-O            | CORP              | JE        |    7000000 | PA      | $7011270.70    | 0.02%             | 2035-10-20      | Floating      | 6.18%                 | No            |                  2 | On Loan: No      |
| HILLSBOROUGH CA SCH DIST                      | Hillsborough City School District General Obligation Unlimited                                       | CUSIP: 432272GD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    1000000 | PA      | $561556.90     | 0.00%             | 2037-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CITADEL ENTERPRISE AMERICAS LLC               | Ceamer Finance LLC                                                                                   | CUSIP: N/A<br>LEI: 549300KGM6NOF0Q0GA88       | Long             | ABS-O            | CORP              | US        |    5715001 | PA      | $5923325.20    | 0.02%             | 2037-11-15      | Fixed         | 6.92%                 | No            |                  3 | On Loan: No      |
| EQUITABLE HOLDINGS INC                        | Equitable Holdings, Inc.                                                                             | CUSIP: 29452EAD3<br>LEI: 549300FIBAKMNHPZ4009 | Long             | DBT              | CORP              | US        |   34318000 | PA      | $35768415.95   | 0.12%             | 2055-03-28      | Variable      | 6.70%                 | No            |                  2 | On Loan: No      |
| The Toronto-Dominion Bank                     | 6-Month/5-Year Interest Rate Swap                                                                    | CUSIP: N/A<br>LEI: PT3QB789TSUIDF371261       | N/A              | DIR              |  | CA        | -135871875 | NC      | $-442377.09    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BRITISH TELECOMMUNICATIO                      | British Telecommunications plc                                                                       | CUSIP: 11102AAG6<br>LEI: 549300OWFMSO9NYV4H90 | Long             | DBT              | CORP              | GB        |   47450000 | PA      | $45513190.65   | 0.15%             | 2081-11-23      | Variable      | 4.88%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag                | Wells Fargo Commercial Mortgage Trust                                                                | CUSIP: 95001FBA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   15493616 | PA      | $216613.15     | 0.00%             | 2060-01-15      | Variable      | 1.54%                 | No            |                  2 | On Loan: No      |
| IXIS Real Estate Capital Trust                | IXIS Real Estate Capital Trust                                                                       | CUSIP: 45073DAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4545499 | PA      | $923043.51     | 0.00%             | 2037-05-25      | Floating      | 4.33%                 | No            |                  2 | On Loan: No      |
| SOLERA CORP                                   | Polaris Newco LLC                                                                                    | CUSIP: N/A<br>LEI: 254900LEPDAG7EDOA064       | Long             | LON              | CORP              | US        |    9087911 | PA      | $11244842.83   | 0.04%             | 2028-06-02      | Variable      | 9.22%                 | No            |                  2 | On Loan: No      |
| Service Experts Issuer                        | Service Experts Issuer LLC                                                                           | CUSIP: 81758FAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   16998011 | PA      | $17383233.24   | 0.06%             | 2035-11-20      | Fixed         | 6.39%                 | No            |                  2 | On Loan: No      |
| PS HOLDINGS INDEPENDENT VOTING COMPANY LTD    | Pershing Square Holdings Ltd.                                                                        | CUSIP: N/A<br>LEI: U7LC4KOKCTZ0YWGI2G56       | Long             | DBT              | CORP              | GG        |  101800000 | PA      | $90756115.02   | 0.31%             | 2031-10-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| FIRST AMERICAN FINANCIAL                      | First American Financial Corp.                                                                       | CUSIP: 31847RAG7<br>LEI: 549300B6VEZK3N0A1P55 | Long             | DBT              | CORP              | US        |   40891000 | PA      | $39527731.68   | 0.13%             | 2030-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN NATIONAL GROUP                       | American National Group, Inc.                                                                        | CUSIP: 025676859<br>LEI: 549300RK5RZQ740FPL83 | Long             | EP               | CORP              | US        |     590500 | NS      | $14827455.00   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Hotwire Funding LLC                           | Hotwire Funding LLC                                                                                  | CUSIP: 44148JAK5<br>LEI: 254900ZCO90MCT7Y9348 | Long             | ABS-O            | CORP              | US        |    3150000 | PA      | $3220587.41    | 0.01%             | 2054-06-20      | Fixed         | 6.67%                 | No            |                  2 | On Loan: No      |
| BofA Securities, Inc.                         | U.S. Secured Overnight Financing Rate                                                                | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | N/A              | DIR              |  | US        |  900000000 | OU      | $296307.00     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UNIFORM MBS                                   | Uniform MBS 30 Year                                                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-MBS          | CORP              | US        |  213510000 | PA      | $215205482.91  | 0.73%             | 2025-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PROSUS NV                                     | Prosus N.V.                                                                                          | CUSIP: 74365PAJ7<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |    4320000 | PA      | $3488645.76    | 0.01%             | 2052-01-19      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| HOMES Trust                                   | HOMES 2025-AFC2 Trust                                                                                | CUSIP: 43761YAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   31383843 | PA      | $31605065.06   | 0.11%             | 2060-06-25      | Variable      | 5.47%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                   | Freddie Mac                                                                                          | CUSIP: 31427NHN2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  100976408 | PA      | $102127266.00  | 0.35%             | 2055-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                           | American Express Co.                                                                                 | CUSIP: 025816EA3<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    3060000 | PA      | $3069023.39    | 0.01%             | 2031-01-30      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| Barclays Bank plc                             | CURRENCY CONTRACT - Rec USD / Deliver GBP                                                            | CUSIP: N/A<br>LEI: G5GSEF7VJP5I7OUK5573       | N/A              | DFE              |  | US        |  -43920000 | NC      | $583088.08     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Woodward Capital Management                   | RCKT Mortgage Trust                                                                                  | CUSIP: 74939FAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   23940459 | PA      | $24258567.81   | 0.08%             | 2044-06-25      | Variable      | 6.15%                 | No            |                  2 | On Loan: No      |
| CIGNA GROUP/THE                               | Cigna Group                                                                                          | CUSIP: 125523CY4<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    3480000 | PA      | $3515088.70    | 0.01%             | 2032-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| VB-S1 Issuer LLC                              | VB-S1 Issuer LLC - VBTEL                                                                             | CUSIP: 91823ABE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3950000 | PA      | $3995700.32    | 0.01%             | 2054-05-15      | Fixed         | 6.64%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                              | COLT Mortgage Loan Trust                                                                             | CUSIP: 12674LAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4528141 | PA      | $4553017.74    | 0.02%             | 2070-03-25      | Variable      | 5.35%                 | No            |                  2 | On Loan: No      |
| JB POINDEXTER & CO INC                        | JB Poindexter & Company, Inc.                                                                        | CUSIP: 465965AC5<br>LEI: 549300W6P81HOZZGPQ16 | Long             | DBT              | CORP              | US        |    1230000 | PA      | $1288244.19    | 0.00%             | 2031-12-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| AIR CANADA                                    | Air Canada                                                                                           | CUSIP: 008911BK4<br>LEI: 4B4HI3CGXMBDC0G6BM51 | Long             | DBT              | CORP              | CA        |   23429000 | PA      | $23216367.77   | 0.08%             | 2026-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| MACQUARIE BANK LTD                            | Macquarie Bank Ltd.                                                                                  | CUSIP: 556079AC5<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |   34605000 | PA      | $32974810.36   | 0.11%             | 2030-06-03      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag                | Wells Fargo Commercial Mortgage Trust                                                                | CUSIP: 95000GBB9<br>LEI: 549300DNBJ7A0SEFVK31 | Long             | ABS-MBS          | CORP              | US        |   32101499 | PA      | $236405.07     | 0.00%             | 2049-08-15      | Variable      | 1.83%                 | No            |                  2 | On Loan: No      |
| MSCI INC                                      | MSCI, Inc.                                                                                           | CUSIP: 55354GAK6<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |   12718000 | PA      | $12138809.18   | 0.04%             | 2030-09-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                  | Enbridge, Inc.                                                                                       | CUSIP: 29250NCK9<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |   20250000 | PA      | $20883084.86   | 0.07%             | 2035-06-20      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| ServiceMaster Brands                          | ServiceMaster Funding LLC                                                                            | CUSIP: 81761TAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   27632177 | PA      | $24480414.74   | 0.08%             | 2051-01-30      | Fixed         | 3.34%                 | No            |                  2 | On Loan: No      |
| BP HOLDCO LLC                                 | BP Holdco LLC                                                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |        532 | NS      | $434.88        | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| VONTIER CORP                                  | Vontier Corp.                                                                                        | CUSIP: 928881AD3<br>LEI: 549300VVSQLG4P5K4639 | Long             | DBT              | CORP              | US        |   14150000 | PA      | $13460278.48   | 0.05%             | 2028-04-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| BLUE OWL GP STAKES V ISSUER                   | Blue Owl Capital GP LLC                                                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |   14303550 | PA      | $15089613.61   | 0.05%             | 2043-08-22      | Fixed         | 7.21%                 | No            |                  3 | On Loan: No      |
| DOMINION ENERGY INC                           | Dominion Energy, Inc.                                                                                | CUSIP: 25746UDZ9<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |   13230000 | PA      | $13324650.33   | 0.05%             | 2056-02-15      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| BSPDF Issuer Ltd                              | BSPDF Issuer LLC                                                                                     | CUSIP: 05615KAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   10300000 | PA      | $10329681.51   | 0.04%             | 2042-12-15      | Floating      | 6.27%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP                          | Targa Resources Corp.                                                                                | CUSIP: 87612GAD3<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |    2860000 | PA      | $3010916.02    | 0.01%             | 2053-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                   | Freddie Mac                                                                                          | CUSIP: 3132DWDS9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  206570004 | PA      | $181852632.61  | 0.62%             | 2052-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GoldenTree Loan Management US                 | GoldenTree Loan Management US CLO 1 Ltd.                                                             | CUSIP: 38138JAU7<br>LEI: 549300CQMHYJ3DLMP206 | Long             | ABS-O            | CORP              | KY        |   18550000 | PA      | $18651314.54   | 0.06%             | 2037-04-20      | Floating      | 6.73%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                   | BNP Paribas S.A.                                                                                     | CUSIP: 09659W3A0<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    3270000 | PA      | $3431945.28    | 0.01%             | 2033-01-13      | Variable      | 5.79%                 | No            |                  2 | On Loan: No      |
| Recette CLO LLC                               | Recette CLO Ltd.                                                                                     | CUSIP: 75620TAX6<br>LEI: 549300392I5L5XOJ0016 | Long             | ABS-O            | CORP              | KY        |    9800000 | PA      | $9805488.00    | 0.03%             | 2034-04-20      | Floating      | 5.99%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                               | U.S. Treasury Notes                                                                                  | CUSIP: 91282CKC4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  197000000 | PA      | $201432500.00  | 0.68%             | 2031-02-28      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage                 | Citigroup Commercial Mortgage Trust                                                                  | CUSIP: 17325GAJ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    8772266 | PA      | $50850.20      | 0.00%             | 2049-11-15      | Variable      | 1.04%                 | No            |                  2 | On Loan: No      |
| Argent Securities Inc.                        | Argent Securities Incorporated Asset-Backed Pass-Through Certificates Series                         | CUSIP: 040104PT2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    8568845 | PA      | $6969408.26    | 0.02%             | 2036-02-25      | Floating      | 5.03%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trus                | BRAVO Residential Funding Trust Series 2025-NQM8                                                     | CUSIP: 10571JAD8<br>LEI: 254900Z6C8GAQR4M4U49 | Long             | ABS-MBS          | CORP              | US        |    1420949 | PA      | $1424256.39    | 0.00%             | 2065-06-25      | Variable      | 5.29%                 | No            |                  2 | On Loan: No      |
| ARES CLO Ltd                                  | Ares XXVII CLO Ltd.                                                                                  | CUSIP: 00190YBT1<br>LEI: 549300BC3E2Y44TL8536 | Long             | ABS-O            | CORP              | KY        |    2800000 | PA      | $2807248.36    | 0.01%             | 2034-10-28      | Floating      | 6.16%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                              | Paramount Global                                                                                     | CUSIP: 124857AF0<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |   17415000 | PA      | $15995834.06   | 0.05%             | 2040-10-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| NATIONAL AUSTRALIA BANK                       | National Australia Bank Ltd.                                                                         | CUSIP: 632525CF6<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | DBT              | CORP              | AU        |   23750000 | PA      | $24954849.38   | 0.08%             | 2036-01-14      | Variable      | 5.90%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                | NRG Energy, Inc.                                                                                     | CUSIP: 629377CT7<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   10440000 | PA      | $11543487.12   | 0.04%             | 2033-03-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| GCAT                                          | GCAT Trust                                                                                           | CUSIP: 36168MAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   20475282 | PA      | $20402694.92   | 0.07%             | 2067-04-25      | Variable      | 4.35%                 | No            |                  2 | On Loan: No      |
| RESTAURANT BRANDS INTERNATIONAL INC           | Restaurant Brands                                                                                    | CUSIP: N/A<br>LEI: 549300RHSHNRWI5LLA86       | Long             | LON              | CORP              | CA        |   19651003 | PA      | $19569057.83   | 0.07%             | 2030-09-20      | Variable      | 5.91%                 | No            |                  2 | On Loan: No      |
| UNITED WHOLESALE MTGE LL                      | United Wholesale Mortgage LLC                                                                        | CUSIP: 913229AA8<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |   46832000 | PA      | $46188242.64   | 0.16%             | 2029-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Credit-Based Asset Servicing a                | C-BASS Mortgage Loan Trust                                                                           | CUSIP: 1248MBAJ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2321650 | PA      | $1350673.08    | 0.00%             | 2037-02-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| GA GLOBAL FUNDING TRUST                       | GA Global Funding Trust                                                                              | CUSIP: 36143L2H7<br>LEI: 54930029I8ROQ4OROZ88 | Long             | DBT              | CORP              | US        |   16400000 | PA      | $14522469.45   | 0.05%             | 2032-01-06      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| CITIZENS FINANCIAL GROUP                      | Citizens Financial Group, Inc.                                                                       | CUSIP: 174610BG9<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |     900000 | PA      | $990278.63     | 0.00%             | 2035-04-25      | Variable      | 6.64%                 | No            |                  2 | On Loan: No      |
| OAKLAND CA REDEV SUCCESSOR AGY                | Oakland Redevelopment Agency Successor Agency Tax Allocation                                         | CUSIP: 67232TBQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    1100000 | PA      | $984091.35     | 0.00%             | 2039-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Taco Bell Funding, LLC                        | Taco Bell Funding LLC                                                                                | CUSIP: 87342RAK0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   19400000 | PA      | $19440526.60   | 0.07%             | 2055-08-25      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| THL Credit Lake Shore MM CLO I                | THL Credit Lake Shore MM CLO I Ltd.                                                                  | CUSIP: 510800AE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   30400000 | PA      | $30327073.44   | 0.10%             | 2033-04-15      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| STREAM INNOVATIONS ISSUER TRUS                | Stream Innovations Issuer Trust                                                                      | CUSIP: 86324EAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    6250555 | PA      | $6330466.21    | 0.02%             | 2045-02-15      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs International                   | Foreign Exchange USD/JPY                                                                             | CUSIP: N/A<br>LEI: W22LROWP2IHZNBB6K528       | N/A              | DFE              |  | US        |   12741000 | NC      | $26946.07      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Compass Datacenters Issuer II,                | Compass Datacenters Issuer II LLC                                                                    | CUSIP: 20469CAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    9669000 | PA      | $9789889.57    | 0.03%             | 2050-05-25      | Fixed         | 5.32%                 | No            |                  2 | On Loan: No      |
| GMAC Commercial Mortgage Asset                | GMAC Commercial Mortgage Asset Corp.                                                                 | CUSIP: 36186YAF2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   20852900 | PA      | $20333380.46   | 0.07%             | 2052-08-10      | Fixed         | 6.11%                 | No            |                  3 | On Loan: No      |
| DBGS Mortgage Trust                           | DBGS Mortgage Trust                                                                                  | CUSIP: 23307DBD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7588000 | PA      | $7089686.18    | 0.02%             | 2051-10-15      | Variable      | 4.79%                 | No            |                  2 | On Loan: No      |
| MINERALS TECHNOLOGIES IN                      | Minerals Technologies, Inc.                                                                          | CUSIP: 603158AA4<br>LEI: 549300D3I1QU67GP6403 | Long             | DBT              | CORP              | US        |   13913000 | PA      | $13634816.80   | 0.05%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOLERA CORP                                   | Polaris Newco LLC                                                                                    | CUSIP: N/A<br>LEI: 254900LEPDAG7EDOA064       | Long             | LON              | CORP              | US        |   12697355 | PA      | $15710954.70   | 0.05%             | 2028-06-02      | Variable      | 9.22%                 | No            |                  2 | On Loan: No      |
| ESSENDI SA                                    | Essendi SA                                                                                           | CUSIP: N/A<br>LEI: 2221000MD2YP7WLTNC52       | Long             | DBT              | CORP              | LU        |    4850000 | PA      | $5862688.43    | 0.02%             | 2030-05-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| STORE Master Funding LLC                      | Store Master Funding I-VII                                                                           | CUSIP: 86212VAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2780163 | PA      | $2736275.69    | 0.01%             | 2048-10-20      | Fixed         | 4.74%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3138LNRL7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1081226 | PA      | $989251.28     | 0.00%             | 2048-09-01      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| ALEXANDER FUND TRUST II                       | Alexander Funding Trust II                                                                           | CUSIP: 014916AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   12360000 | PA      | $13216148.28   | 0.04%             | 2028-07-31      | Fixed         | 7.47%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch Mortgage Investo                | Merrill Lynch Mortgage Investors Trust Series                                                        | CUSIP: 59023XAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7005763 | PA      | $3401236.41    | 0.01%             | 2037-11-25      | Floating      | 3.97%                 | No            |                  2 | On Loan: No      |
| MANULIFE FINANCIAL CORP                       | Manulife Financial Corp.                                                                             | CUSIP: 56501RAE6<br>LEI: 5493007GBX87QOZACS27 | Long             | DBT              | CORP              | CA        |    4815000 | PA      | $4780901.47    | 0.02%             | 2032-02-24      | Variable      | 4.06%                 | No            |                  2 | On Loan: No      |
| PARTNERRE FINANCE B LLC                       | PartnerRe Finance B LLC                                                                              | CUSIP: 70213BAC5<br>LEI: 549300O0FAGHK2F79881 | Long             | DBT              | CORP              | US        |   21056000 | PA      | $19866982.42   | 0.07%             | 2050-10-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                      | Angel Oak Mortgage Trust                                                                             | CUSIP: 03465WAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    8054930 | PA      | $8011076.17    | 0.03%             | 2067-09-26      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| ALLWYN ENTERTAINMENT FINANCING US LLC         | Allwyn Entertainment Financing US LLC                                                                | CUSIP: N/A<br>LEI: 315700J7ZTIN8XGCX365       | Long             | LON              | CORP              | GB        |    5000000 | PA      | $5876526.54    | 0.02%             | 2032-03-19      | Variable      | 4.91%                 | No            |                  2 | On Loan: No      |
| COLONIAL ENTERPRISES INC                      | Colonial Pipeline                                                                                    | CUSIP: N/A<br>LEI: 549300Y8RLCD6IQXIT35       | Long             | LON              | CORP              | US        |   23500000 | PA      | $23349365.00   | 0.08%             | 2032-07-30      | Variable      | 6.06%                 | No            |                  2 | On Loan: No      |
| Structured Asset Securities Co                | Structured Asset Securities Corporation Mortgage Loan Trust                                          | CUSIP: 86359RAD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1064263 | PA      | $1040502.52    | 0.00%             | 2036-12-25      | Floating      | 4.61%                 | No            |                  2 | On Loan: No      |
| Washington Mutual Mortgage Pas                | Washington Mutual Mortgage Pass-Through Certificates WMALT Series Trust                              | CUSIP: 939346AB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3330686 | PA      | $2826567.57    | 0.01%             | 2046-11-25      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| OHANA MILITARY COMM LLC                       | Ohana Military Communities LLC                                                                       | CUSIP: 677071AG7<br>LEI: 549300S2UFVVKP439S12 | Long             | DBT              | CORP              | US        |    2200000 | PA      | $2239820.00    | 0.01%             | 2036-10-01      | Fixed         | 5.78%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                               | CVS Health Corp.                                                                                     | CUSIP: 126650EL0<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    3925000 | PA      | $4039732.22    | 0.01%             | 2055-09-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| GCAT                                          | GCAT Trust                                                                                           | CUSIP: 36169DAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2106781 | PA      | $2103868.03    | 0.01%             | 2067-11-25      | Variable      | 6.24%                 | No            |                  2 | On Loan: No      |
| CNO FINANCIAL GROUP INC                       | CNO Financial Group, Inc.                                                                            | CUSIP: 12621E301<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | EP               | CORP              | US        |     710775 | NS      | $14350547.25   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| ALLETE INC                                    | ALLETE, Inc.                                                                                         | CUSIP: N/A<br>LEI: 549300NNLSIMY6Z8OT86       | Long             | DBT              | CORP              | US        |   23600000 | PA      | $24106678.78   | 0.08%             | 2037-07-09      | Fixed         | 5.79%                 | No            |                  3 | On Loan: No      |
| Morgan Stanley Capital Services LLC           | 6-Month/5-Year Interest Rate Swap                                                                    | CUSIP: N/A<br>LEI: I7331LVCZKQKX5T7XV54       | N/A              | DIR              |  | US        | -135871875 | NC      | $-346815.68    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ALLIANT ENERGY FINANCE                        | Alliant Energy Finance LLC                                                                           | CUSIP: 01882YAD8<br>LEI: 54930033ER6EOI5DL570 | Long             | DBT              | CORP              | US        |    3680000 | PA      | $3403905.64    | 0.01%             | 2032-03-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Fremont Home Loan Trust                       | Fremont Home Loan Trust                                                                              | CUSIP: 35729VAD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    9659707 | PA      | $3349134.55    | 0.01%             | 2036-11-25      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| Structured Asset Investment Lo                | Structured Asset Investment Loan Trust                                                               | CUSIP: 86358ENH5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     107442 | PA      | $106929.40     | 0.00%             | 2034-12-25      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| Tricon Residential                            | Tricon Residential Trust                                                                             | CUSIP: 89616UAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3600000 | PA      | $3586166.28    | 0.01%             | 2041-04-17      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3138WFU95<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     142777 | PA      | $134108.28     | 0.00%             | 2045-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HV EIGHT LLC                                  | HV Eight LLC                                                                                         | CUSIP: N/A<br>LEI: 54930017K50RHBRFUJ56       | Long             | ABS-O            | CORP              | US        |   49437382 | PA      | $57891894.32   | 0.20%             | 2027-12-31      | Variable      | 5.48%                 | No            |                  3 | On Loan: No      |
| MEIJI YASUDA LIFE INSURA                      | Meiji Yasuda Life Insurance Co.                                                                      | CUSIP: 585270AE1<br>LEI: 549300SLU4LP6YMRLK07 | Long             | DBT              | CORP              | JP        |   22800000 | PA      | $23722579.20   | 0.08%             | 2055-06-11      | Variable      | 6.10%                 | No            |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                       | Dryden 37 Senior Loan Fund                                                                           | CUSIP: 26249MAS6<br>LEI: 254900I0IPNA482LDS44 | Long             | ABS-O            | CORP              | KY        |    3333334 | PA      | $3341682.67    | 0.01%             | 2031-01-15      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC           | CURRENCY CONTRACT - Rec USD / Deliver EUR                                                            | CUSIP: N/A<br>LEI: I7331LVCZKQKX5T7XV54       | N/A              | DFE              |  | US        | -347816000 | NC      | $136850.45     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Asset Backed Funding Certifica                | ABFC Trust                                                                                           | CUSIP: 04545EAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   13319142 | PA      | $9476793.38    | 0.03%             | 2037-06-25      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| LGENERGYSOLUTION                              | LG Energy Solution Ltd.                                                                              | CUSIP: 50205MAG4<br>LEI: 988400QX6P286XA6ZS85 | Long             | DBT              | CORP              | KR        |   20230000 | PA      | $20707677.84   | 0.07%             | 2030-04-02      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| PMT Loan Trust                                | PMT Loan Trust 2025-INV7                                                                             | CUSIP: 73015FAG1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    8972425 | PA      | $9124891.59    | 0.03%             | 2056-06-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                   | Freddie Mac                                                                                          | CUSIP: 3137HMA67<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   17499172 | PA      | $17667153.15   | 0.06%             | 2053-04-25      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                   | Freddie Mac                                                                                          | CUSIP: 3137H2C44<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     172518 | PA      | $84771.11      | 0.00%             | 2051-09-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Station Place Securitization T                | Station Place Securitization Trust                                                                   | CUSIP: 85779EAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   17125000 | PA      | $17125000.00   | 0.06%             | 2025-11-17      | Floating      | 5.45%                 | No            |                  3 | On Loan: No      |
| Citigroup Commercial Mortgage                 | Citigroup Commercial Mortgage Trust                                                                  | CUSIP: 17325DAJ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   23524373 | PA      | $134281.82     | 0.00%             | 2049-10-10      | Variable      | 1.51%                 | No            |                  2 | On Loan: No      |
| PFP III                                       | PFP 2025-12 Ltd.                                                                                     | CUSIP: 69382JAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   11800000 | PA      | $11803836.18   | 0.04%             | 2042-12-18      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| SODEXO INC                                    | Sodexo, Inc.                                                                                         | CUSIP: 833794AD2<br>LEI: 549300WSZGQGJQXRFU84 | Long             | DBT              | CORP              | US        |   10275000 | PA      | $10770144.03   | 0.04%             | 2035-08-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC           | 1-Year/2-Year Interest Rate Swap                                                                     | CUSIP: N/A<br>LEI: I7331LVCZKQKX5T7XV54       | N/A              | DIR              |  | US        | -190220625 | NC      | $-454771.86    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ASSURED GUARANTY US HLDG                      | Assured Guaranty US Holdings, Inc.                                                                   | CUSIP: 04621WAE0<br>LEI: 5493007YCE0652G9TZ64 | Long             | DBT              | CORP              | US        |   13031000 | PA      | $9329271.45    | 0.03%             | 2051-09-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage                 | Citigroup Commercial Mortgage Trust                                                                  | CUSIP: 17290XAY6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   16487785 | PA      | $6196.11       | 0.00%             | 2049-04-10      | Variable      | 1.76%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                      | Occidental Petroleum Corp.                                                                           | CUSIP: 674599EC5<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    3175000 | PA      | $3320297.53    | 0.01%             | 2028-09-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CHG PPC PARENT LLC                            | CHG PPC Parent LLC                                                                                   | CUSIP: N/A<br>LEI: 54930019XJQNJAGXQ664       | Long             | LON              | CORP              | US        |    1520046 | PA      | $1521003.91    | 0.01%             | 2028-12-08      | Variable      | 7.28%                 | No            |                  2 | On Loan: No      |
| WAMU Asset-Backed Certificates                | WaMu Asset-Backed Certificates WaMu Series Trust                                                     | CUSIP: 933631AD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   30656260 | PA      | $13879192.64   | 0.05%             | 2037-01-25      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| REINSURANCE GRP OF AMER                       | Reinsurance Group of America, Inc.                                                                   | CUSIP: 759351AT6<br>LEI: LORM1GNEU1DKEW527V90 | Long             | DBT              | CORP              | US        |    6190000 | PA      | $6497587.29    | 0.02%             | 2055-09-15      | Variable      | 6.65%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                      | JP Morgan Mortgage Trust                                                                             | CUSIP: 465983AA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5518019 | PA      | $5561098.18    | 0.02%             | 2064-02-25      | Variable      | 5.59%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 67448NAC2<br>LEI: 254900RDM4XSF0B1E373 | Long             | ABS-MBS          | CORP              | US        |   14297859 | PA      | $14424756.82   | 0.05%             | 2064-01-25      | Variable      | 6.39%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 67121LAB2<br>LEI: 254900NDJVO62R77II89 | Long             | ABS-MBS          | CORP              | US        |    3823766 | PA      | $3867637.84    | 0.01%             | 2065-05-25      | Variable      | 5.61%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                        | BP Capital Markets America, Inc.                                                                     | CUSIP: 10373QBW9<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |    1500000 | PA      | $1529714.13    | 0.01%             | 2034-04-10      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch Mortgage Investo                | Merrill Lynch Mortgage Investors Trust Series                                                        | CUSIP: 59024LAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   29876937 | PA      | $8336531.94    | 0.03%             | 2037-02-25      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATL FINANCIAL                       | Fidelity National Financial, Inc.                                                                    | CUSIP: 31620RAK1<br>LEI: 549300CAZYIH39SYQ287 | Long             | DBT              | CORP              | US        |    1820000 | PA      | $1612401.43    | 0.01%             | 2031-03-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                          | Bank of America Corp.                                                                                | CUSIP: 060505GB4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |   27700000 | NS      | $27245418.07   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| MB2 DENTAL SOLUTIONS LLC                      | MB2 Dental Solutions LLC                                                                             | CUSIP: N/A<br>LEI: 254900HDV9GEHEZLSQ19       | Long             | LON              | CORP              | US        |    3133838 | PA      | $3109791.67    | 0.01%             | 2031-02-13      | Variable      | 9.66%                 | No            |                  3 | On Loan: No      |
| HORACE MANN EDUCATORS CO                      | Horace Mann Educators Corp.                                                                          | CUSIP: 440327AK0<br>LEI: 254900G5YAV3A2YK8T32 | Long             | DBT              | CORP              | US        |    4560000 | PA      | $4559674.56    | 0.02%             | 2025-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FAIRFAX FINL HLDGS LTD                        | Fairfax Financial Holdings Ltd.                                                                      | CUSIP: 303901BW1<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | DBT              | CORP              | CA        |    3320000 | PA      | $3568429.12    | 0.01%             | 2055-05-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Triton Container Finance LLC                  | Triton Container Finance IX LLC                                                                      | CUSIP: 89679QAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   20625250 | PA      | $20876088.10   | 0.07%             | 2050-06-20      | Fixed         | 5.43%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 313637VQ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     310644 | PA      | $293383.01     | 0.00%             | 2048-09-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| NATIONAL AUSTRALIA BANK                       | National Australia Bank Ltd.                                                                         | CUSIP: 632525AY7<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | DBT              | CORP              | AU        |   14525000 | PA      | $13248568.13   | 0.04%             | 2031-05-21      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| BNP Paribas                                   | BNP Paribas                                                                                          | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | Long             | RA               | CORP              | US        |   64388294 | PA      | $64388294.00   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Impac Secured Assets Corp.                    | Impac Secured Assets CMN Owner Trust                                                                 | CUSIP: 45254TTF1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3382273 | PA      | $3240665.12    | 0.01%             | 2036-03-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| Bank of America, N.A.                         | Foreign Exchange EUR/USD                                                                             | CUSIP: N/A<br>LEI: B4TYDEB6GKMZO031MB27       | N/A              | DFE              |  | US        |  283040000 | NC      | $711.26        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| 321 Henderson Receivables LLC                 | 321 Henderson Receivables VI LLC                                                                     | CUSIP: 88576XAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     292824 | PA      | $294763.73     | 0.00%             | 2059-07-15      | Fixed         | 5.56%                 | No            |                  2 | On Loan: No      |
| ESSENDI SA                                    | AccorInvest Group S.A.                                                                               | CUSIP: N/A<br>LEI: 2221000MD2YP7WLTNC52       | Long             | DBT              | CORP              | LU        |    2750000 | PA      | $3329600.15    | 0.01%             | 2032-05-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140LFLC6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2353866 | PA      | $1788351.64    | 0.01%             | 2052-02-01      | Fixed         | 2.69%                 | No            |                  2 | On Loan: No      |
| Station Place Securitization T                | Station Place Securitization Trust Series 2025-SP2                                                   | CUSIP: 857936AA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   31800000 | PA      | $31800000.00   | 0.11%             | 2026-09-25      | Floating      | 5.31%                 | No            |                  3 | On Loan: No      |
| GS Mortgage Securities Trust                  | GS Mortgage Securities Corporation Trust                                                             | CUSIP: 36258BAQ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     922142 | PA      | $901284.33     | 0.00%             | 2036-12-15      | Floating      | 6.32%                 | No            |                  2 | On Loan: No      |
| AMER AIRLINE 19-1AA PTT                       | American Airlines Class AA Pass Through Trust                                                        | CUSIP: 02377LAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     129790 | PA      | $121519.48     | 0.00%             | 2032-02-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| STATE OF ISRAEL                               | Israel Government International Bond                                                                 | CUSIP: 46514Y8A8<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    5250000 | PA      | $5415212.41    | 0.02%             | 2030-02-19      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD FINANCE INC                        | Brookfield Finance, Inc.                                                                             | CUSIP: 11271LAQ5<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |    9510000 | PA      | $9560202.63    | 0.03%             | 2036-01-15      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                   | Freddie Mac                                                                                          | CUSIP: 3132DWPH0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     750022 | PA      | $756484.63     | 0.00%             | 2055-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                            | VICI Properties, LP                                                                                  | CUSIP: 925650AK9<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |   28500000 | PA      | $29181430.16   | 0.10%             | 2035-04-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Dreyfus Treasury Obligations C                | Dreyfus Treasury Obligations Cash Management Fund - Institutional Shares                             | CUSIP: N/A<br>LEI: 549300MKKM9KT7BF6329       | Long             | STIV             | RF                | US        |  107403969 | NS      | $107403969.48  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| FIGRE Trust                                   | FIGRE Trust                                                                                          | CUSIP: 31684FAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   28504536 | PA      | $28816577.84   | 0.10%             | 2054-10-25      | Variable      | 5.44%                 | No            |                  2 | On Loan: No      |
| Apollo Aviation Securitization                | AASET Trust                                                                                          | CUSIP: 00255JAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   11500050 | PA      | $11872120.68   | 0.04%             | 2049-05-16      | Fixed         | 6.26%                 | No            |                  2 | On Loan: No      |
| FERDINAND FFP ULTIMATE HOLDINGS LP            | Focus Financial Partners LLC                                                                         | CUSIP: N/A<br>LEI: 5493007L0E0VKRC2CP39       | Long             | LON              | CORP              | US        |   14411100 | PA      | $14412541.11   | 0.05%             | 2031-09-15      | Variable      | 6.91%                 | No            |                  2 | On Loan: No      |
| SBA TOWER TRUST                               | SBA Tower Trust                                                                                      | CUSIP: 78403DBD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   22150000 | PA      | $22293073.50   | 0.08%             | 2029-10-15      | Fixed         | 4.83%                 | No            |                  2 | On Loan: No      |
| AMER AIRLINE 16-3 AA PTT                      | American Airlines Class AA Pass Through Trust                                                        | CUSIP: 023771R91<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3191882 | PA      | $3068525.12    | 0.01%             | 2028-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CLARIOS INTERNATIONAL INC                     | Clarios Global, LP                                                                                   | CUSIP: N/A<br>LEI: 549300474L1ZLXZY2P98       | Long             | LON              | CORP              | CA        |    4350000 | PA      | $5128361.91    | 0.02%             | 2032-01-28      | Variable      | 5.16%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                      | Capital One Financial Corp.                                                                          | CUSIP: 14040HDA0<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |   22450000 | PA      | $24283566.04   | 0.08%             | 2034-06-08      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                               | U.S. Treasury Notes                                                                                  | CUSIP: 91282CNC1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  192162000 | PA      | $193933493.44  | 0.66%             | 2035-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MB2 DENTAL SOLUTIONS LLC                      | MB2 Dental Solutions LLC                                                                             | CUSIP: N/A<br>LEI: 254900HDV9GEHEZLSQ19       | Short            | LON              | CORP              | US        |   -3752769 | PA      | $-5862.69      | -0.00%            | 2031-02-13      | Variable      | 1.00%                 | No            |                  3 | On Loan: No      |
| GLOBAL ATLANTIC                               | Global Atlantic Finance Co.                                                                          | CUSIP: 37959GAC1<br>LEI: 98450051B2E65CAA7E94 | Long             | DBT              | CORP              | US        |   35662000 | PA      | $35130402.61   | 0.12%             | 2051-10-15      | Variable      | 4.70%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                     | ONEOK, Inc.                                                                                          | CUSIP: 682680BF9<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    6341000 | PA      | $7104613.85    | 0.02%             | 2051-01-15      | Fixed         | 7.15%                 | No            |                  2 | On Loan: No      |
| Securitized Asset Backed Recei                | Securitized Asset Backed Receivables LLC Trust                                                       | CUSIP: 81377XAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5029423 | PA      | $1378669.35    | 0.00%             | 2036-11-25      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| BAIN CAPITAL HOLDINGS (GP) LLC                | Bain Capital, LP                                                                                     | CUSIP: N/A<br>LEI: 549300OEYCS23YVSCK18       | Long             | DBT              | CORP              | US        |   20300000 | PA      | $15243532.28   | 0.05%             | 2042-04-15      | Fixed         | 3.72%                 | No            |                  3 | On Loan: No      |
| Stack Infrastructure Issuer LL                | Stack Infrastructure Issuer LLC                                                                      | CUSIP: 85236KAF9<br>LEI: 254900AV7V87H3A2WM57 | Long             | ABS-O            | CORP              | US        |    6000000 | PA      | $6024564.00    | 0.02%             | 2048-03-25      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Greystone Commercial Real Esta                | Greystone Commercial Real Estate Notes                                                               | CUSIP: 39809PAG0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   12000000 | PA      | $11901169.20   | 0.04%             | 2039-07-15      | Floating      | 6.26%                 | No            |                  2 | On Loan: No      |
| Cross Mortgage Trust                          | Cross Mortgage Trust                                                                                 | CUSIP: 22757CAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    9139512 | PA      | $9205165.01    | 0.03%             | 2069-11-25      | Variable      | 5.82%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag                | Wells Fargo Commercial Mortgage Trust                                                                | CUSIP: 95001MAH3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   61013151 | PA      | $647715.61     | 0.00%             | 2050-07-15      | Variable      | 1.05%                 | No            |                  2 | On Loan: No      |
| MINERALS TECHNOLOGIES INC.                    | Minerals Technologies, Inc.                                                                          | CUSIP: N/A<br>LEI: 549300D3I1QU67GP6403       | Long             | LON              | CORP              | US        |     992500 | PA      | $992500.00     | 0.00%             | 2031-11-26      | Variable      | 6.16%                 | No            |                  2 | On Loan: No      |
| TENN VAL AUTH CPN STRIP                       | Tennessee Valley Authority                                                                           | CUSIP: 88059GBD0<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |    1020000 | PA      | $133804.62     | 0.00%             | 2063-03-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CQP HOLDCO LP/BIP-V CHIN                      | CQP Holdco Limited Partnership / BIP-V Chinook Holdco LLC                                            | CUSIP: 12657NAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5000000 | PA      | $5426000.00    | 0.02%             | 2033-12-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| BDS Ltd                                       | BDS 2025-FL15 LLC                                                                                    | CUSIP: 05556EAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   40300000 | PA      | $40334460.53   | 0.14%             | 2043-03-19      | Floating      | 5.78%                 | No            |                  2 | On Loan: No      |
| BSPRT Issuer, Ltd.                            | BSPRT Issuer LLC                                                                                     | CUSIP: 05613RAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3800000 | PA      | $3783465.44    | 0.01%             | 2039-07-15      | Floating      | 6.44%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                              | Altice France S.A.                                                                                   | CUSIP: 02156LAF8<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |   17800000 | PA      | $15201200.00   | 0.05%             | 2029-07-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                         | Wells Fargo & Co.                                                                                    | CUSIP: 949746TD3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EP               | CORP              | US        |   66688000 | NS      | $66040359.49   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America, N.A.                         | Foreign Exchange USD/JPY                                                                             | CUSIP: N/A<br>LEI: B4TYDEB6GKMZO031MB27       | N/A              | DFE              |  | US        |   12467000 | NC      | $160523.85     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3136BWWS1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   61655583 | PA      | $61775108.19   | 0.21%             | 2053-01-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Countrywide Asset-Backed Certi                | Countrywide Asset-Backed Certificates                                                                | CUSIP: 126670MH8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     319406 | PA      | $315317.71     | 0.00%             | 2036-03-25      | Floating      | 3.12%                 | No            |                  2 | On Loan: No      |
| GCAT                                          | GCAT 2025-NQM4 Trust                                                                                 | CUSIP: 367923AB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   16160150 | PA      | $16299998.27   | 0.06%             | 2070-06-25      | Variable      | 5.53%                 | No            |                  2 | On Loan: No      |
| Cross Mortgage Trust                          | Cross Mortgage Trust                                                                                 | CUSIP: 22758NAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   12049391 | PA      | $12141035.99   | 0.04%             | 2070-02-25      | Variable      | 5.99%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 67121LAA4<br>LEI: 254900NDJVO62R77II89 | Long             | ABS-MBS          | CORP              | US        |   15019861 | PA      | $15171354.17   | 0.05%             | 2065-05-25      | Variable      | 5.45%                 | No            |                  2 | On Loan: No      |
| LHOME Mortgage Trust                          | LHOME Mortgage Trust                                                                                 | CUSIP: 50205WAA5<br>LEI: 529900ZQNJ23BIJVY871 | Long             | ABS-MBS          | CORP              | US        |   38700000 | PA      | $38849861.88   | 0.13%             | 2039-09-25      | Variable      | 5.32%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES INC                           | United Airlines, Inc.                                                                                | CUSIP: 90932LAG2<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |   12700000 | PA      | $12680494.20   | 0.04%             | 2026-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| LORCA AGGREGATOR LTD                          | MasOrange Finco plc                                                                                  | CUSIP: N/A<br>LEI: 549300PONZMYNJTH6970       | Long             | LON              | CORP              | GB        |   10000000 | PA      | $11730037.58   | 0.04%             | 2031-03-20      | Variable      | 4.56%                 | No            |                  2 | On Loan: No      |
| Option One Mortgage Loan Trust                | Option One Mortgage Loan Trust                                                                       | CUSIP: 68403HAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6180423 | PA      | $3713942.87    | 0.01%             | 2037-05-25      | Floating      | 4.49%                 | No            |                  2 | On Loan: No      |
| GULFSTREAM NATURAL GAS                        | Gulfstream Natural Gas System LLC                                                                    | CUSIP: 402740AG9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   26525000 | PA      | $27176594.85   | 0.09%             | 2035-07-23      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| FOCUS FINANCIAL PARTNERS                      | Focus Financial Partners LLC                                                                         | CUSIP: 34417VAA5<br>LEI: 5493007L0E0VKRC2CP39 | Long             | DBT              | CORP              | US        |    1000000 | PA      | $1024118.00    | 0.00%             | 2031-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| QUIRCH FOODS HOLDINGS LLC                     | Quirch Foods Holdings LLC                                                                            | CUSIP: N/A<br>LEI: 549300ZJJLQXSE7L4U02       | Long             | LON              | CORP              | US        |   28154639 | PA      | $27562265.38   | 0.09%             | 2027-10-27      | Variable      | 9.05%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 67120GAE8<br>LEI: 254900AIRPH5Q5COT575 | Long             | ABS-MBS          | CORP              | US        |    7459029 | PA      | $7508551.31    | 0.03%             | 2064-10-25      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| FIGRE Trust                                   | FIGRE Trust                                                                                          | CUSIP: 316927AA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   32196334 | PA      | $33021252.51   | 0.11%             | 2054-05-25      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, In                | RALI Series Trust                                                                                    | CUSIP: 75116AAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7273353 | PA      | $2215318.51    | 0.01%             | 2047-02-25      | Floating      | 4.42%                 | No            |                  2 | On Loan: No      |
| Banc of America Commercial Mor                | Bank of America Merrill Lynch Commercial Mortgage Trust                                              | CUSIP: 06054MAF0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1417827 | PA      | $1629.93       | 0.00%             | 2049-07-15      | Variable      | 1.87%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                      | BENCHMARK Mortgage Trust                                                                             | CUSIP: 08162CAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     750000 | PA      | $705427.43     | 0.00%             | 2051-10-10      | Variable      | 4.74%                 | No            |                  2 | On Loan: No      |
| LCM Ltd Partnership                           | LCM XXIV Ltd.                                                                                        | CUSIP: 50188YAJ3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   13050000 | PA      | $13082508.86   | 0.04%             | 2030-03-20      | Floating      | 6.49%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                     | Morgan Stanley Bank of America Merrill Lynch Trust                                                   | CUSIP: 61690AAF1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   14574446 | PA      | $279.83        | 0.00%             | 2047-12-15      | Variable      | 0.87%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                      | Angel Oak Mortgage Trust                                                                             | CUSIP: 03466HAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4555908 | PA      | $4531508.05    | 0.02%             | 2068-11-26      | Variable      | 4.80%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Acquisition                | JP Morgan Mortgage Acquisition Trust                                                                 | CUSIP: 46630BAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   54627166 | PA      | $34484185.36   | 0.12%             | 2036-12-25      | Floating      | 4.53%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140J0NM8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1678772 | PA      | $1274218.42    | 0.00%             | 2050-07-01      | Fixed         | 2.51%                 | No            |                  2 | On Loan: No      |
| WAMU Asset-Backed Certificates                | WaMu Asset-Backed Certificates WaMu Series                                                           | CUSIP: 93363XAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4238402 | PA      | $3191651.26    | 0.01%             | 2047-07-25      | Floating      | 4.44%                 | No            |                  2 | On Loan: No      |
| SVC ABS LLC                                   | SVC ABS LLC                                                                                          | CUSIP: 78487JAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   15151729 | PA      | $15068947.71   | 0.05%             | 2053-02-20      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                   | Freddie Mac                                                                                          | CUSIP: 3142GSWQ7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   93731425 | PA      | $96774041.20   | 0.33%             | 2054-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL FARM CREDIT BANK                      | Federal Farm Credit Bank                                                                             | CUSIP: 3133EM5J7<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGSE             | US        |     350000 | PA      | $247806.65     | 0.00%             | 2041-09-16      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                      | Rogers Communications, Inc.                                                                          | CUSIP: 775109CK5<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |   23692000 | PA      | $19638997.95   | 0.07%             | 2052-03-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| AMERICAN NATIONAL GF                          | American National Global Funding                                                                     | CUSIP: 02771D2B9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   18010000 | PA      | $18365389.35   | 0.06%             | 2030-06-03      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                       | Goldman Sachs Group, Inc.                                                                            | CUSIP: 38144GAG6<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EP               | CORP              | US        |    2450000 | NS      | $2399673.82    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| TULSA OK ARPTS IMPT TRUST                     | Tulsa Airports Improvement Trust Revenue Bonds                                                       | CUSIP: 899647TS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    1000000 | PA      | $748305.10     | 0.00%             | 2045-06-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| ARCLIGHT CAPITAL PARTNERS LLC                 | AL GCX Holdings LLC                                                                                  | CUSIP: N/A<br>LEI: 254900KQJGH397AKYT16       | Long             | LON              | CORP              | US        |    2084209 | PA      | $2077705.96    | 0.01%             | 2032-01-30      | Variable      | 6.22%                 | No            |                  2 | On Loan: No      |
| HOMES Trust                                   | HOMES 2025-NQM4 Trust                                                                                | CUSIP: 403958AD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2700231 | PA      | $2711469.50    | 0.01%             | 2070-08-25      | Variable      | 5.47%                 | No            |                  2 | On Loan: No      |
| Bank of America, N.A.                         | Foreign Exchange EUR/USD                                                                             | CUSIP: N/A<br>LEI: B4TYDEB6GKMZO031MB27       | N/A              | DFE              |  | US        |  193207000 | NC      | $330119.43     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Oak Street Investment Grade Ne                | Oak Street Investment Grade Net Lease Fund Series                                                    | CUSIP: 67181DAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   14862500 | PA      | $13121758.01   | 0.04%             | 2050-11-20      | Fixed         | 2.26%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA PUBLIC FIN AUTH REV                | California Public Finance Authority Revenue Bonds                                                    | CUSIP: 13057EEJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    8000000 | PA      | $6420413.60    | 0.02%             | 2040-10-15      | Fixed         | 3.07%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP                          | Targa Resources Corp.                                                                                | CUSIP: 87612GAF8<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |    9937000 | PA      | $10820123.95   | 0.04%             | 2034-03-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                | Government National Mortgage Association                                                             | CUSIP: 38385CRP5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | CORP              | US        |   10627627 | PA      | $10576221.85   | 0.04%             | 2055-01-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MACQUARIE GROUP LTD                           | Macquarie Group Ltd.                                                                                 | CUSIP: 55607PAG0<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | DBT              | CORP              | AU        |   26968000 | PA      | $24363612.86   | 0.08%             | 2032-06-23      | Variable      | 2.69%                 | No            |                  2 | On Loan: No      |
| QUALITYTECH LP                                | QTS Good News Facility                                                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   49925000 | PA      | $49916842.75   | 0.17%             | 2028-10-09      | Variable      | 7.09%                 | No            |                  3 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 67119EAC0<br>LEI: 254900F5LT8CA1U6PK21 | Long             | ABS-MBS          | CORP              | US        |    6712067 | PA      | $6776269.31    | 0.02%             | 2064-06-25      | Variable      | 6.23%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust                 | Citigroup Mortgage Loan Trust, Inc.                                                                  | CUSIP: 17307G4E5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   12379973 | PA      | $5910278.13    | 0.02%             | 2036-03-25      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Bear Stearns Asset Backed Secu                | Bear Stearns Asset-Backed Securities I Trust                                                         | CUSIP: 07389MAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2885025 | PA      | $2864569.40    | 0.01%             | 2036-11-25      | Floating      | 4.55%                 | No            |                  2 | On Loan: No      |
| Firstkey Homes Trust                          | FirstKey Homes Trust                                                                                 | CUSIP: 33767JBE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   21640000 | PA      | $21553589.32   | 0.07%             | 2037-10-19      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PENN MUTUAL LIFE INS CO                       | Penn Mutual Life Insurance Co.                                                                       | CUSIP: 707567AE3<br>LEI: BIYXEJSLUQ3IWFUXX074 | Long             | DBT              | CORP              | US        |   14970000 | PA      | $10007446.65   | 0.03%             | 2061-04-29      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| SMITHFIELD FOODS INC                          | Smithfield Foods, Inc.                                                                               | CUSIP: 832248BC1<br>LEI: CVTIPZRZJC0JQEZLL598 | Long             | DBT              | CORP              | US        |   14033000 | PA      | $12820829.60   | 0.04%             | 2030-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust                        | Sequoia Mortgage Trust                                                                               | CUSIP: 81743CAL9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4594573 | PA      | $4613560.59    | 0.02%             | 2054-06-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| BXMT Ltd                                      | BXMT Ltd.                                                                                            | CUSIP: 12434LAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   12164256 | PA      | $12109442.55   | 0.04%             | 2038-02-15      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| SUMITOMO LIFE INSUR                           | Sumitomo Life Insurance Co.                                                                          | CUSIP: 86564CAF7<br>LEI: 549300I5OQCDADQSPI57 | Long             | DBT              | CORP              | JP        |   10550000 | PA      | $10741018.30   | 0.04%             | 2055-09-10      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| ATLX Trust                                    | ATLX Trust                                                                                           | CUSIP: 049915AA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7052595 | PA      | $6841352.99    | 0.02%             | 2064-04-25      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mor                | JP Morgan Chase Commercial Mortgage Securities Trust                                                 | CUSIP: 46654EAL5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    8000000 | PA      | $6843494.40    | 0.02%             | 2038-06-15      | Floating      | 6.71%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 67118KAB9<br>LEI: 2549001QDCO9VU0HH514 | Long             | ABS-MBS          | CORP              | US        |    3870757 | PA      | $3922515.48    | 0.01%             | 2063-12-25      | Variable      | 6.33%                 | No            |                  2 | On Loan: No      |
| UBS AG                                        | Foreign Exchange USD/JPY                                                                             | CUSIP: N/A<br>LEI: BFM8T61CT2L1QCEMIK50       | N/A              | DFE              |  | US        | -139218000 | NC      | $-18481.19     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JACKSON FINANCIAL INC                         | Jackson Financial, Inc.                                                                              | CUSIP: 46817M206<br>LEI: 213800WXW2KG1N4CO374 | Long             | EP               | CORP              | US        |     472000 | NS      | $12295600.00   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| JANE STREET GRP/JSG FIN                       | Jane Street Group / JSG Finance, Inc.                                                                | CUSIP: 47077WAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   24480000 | PA      | $25676882.28   | 0.09%             | 2031-04-30      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| HarborView Mortgage Loan Trust                | HarborView Mortgage Loan Trust                                                                       | CUSIP: 41162NAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5416516 | PA      | $5072161.80    | 0.02%             | 2047-01-25      | Floating      | 4.55%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                      | JP Morgan Mortgage Trust                                                                             | CUSIP: 46592XAN4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   35014626 | PA      | $32745135.39   | 0.11%             | 2052-04-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage                 | CGMS Commercial Mortgage Trust                                                                       | CUSIP: 17326CBE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   56442260 | PA      | $563745.29     | 0.00%             | 2050-08-15      | Variable      | 0.85%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                      | Western Midstream Operating, LP                                                                      | CUSIP: 958254AJ3<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    3750000 | PA      | $3262070.81    | 0.01%             | 2048-03-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| EVERCORE INC                                  | Evercore, Inc.                                                                                       | CUSIP: N/A<br>LEI: 529900P6KLPT95DW3W58       | Long             | DBT              | CORP              | US        |    6900000 | PA      | $6943349.60    | 0.02%             | 2032-07-24      | Fixed         | 5.47%                 | No            |                  3 | On Loan: No      |
| HAL TRUST                                     | Koninklijke Vopak N.V.                                                                               | CUSIP: N/A<br>LEI: 724500UL634GFV1KYF10       | Long             | DBT              | CORP              | NL        |    5500000 | PA      | $5603215.37    | 0.02%             | 2032-06-20      | Fixed         | 6.04%                 | No            |                  3 | On Loan: No      |
| QTS ISSUER ABS I LLC                          | QTS Issuer ABS I LLC                                                                                 | CUSIP: 74690DAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   76175000 | PA      | $77801115.34   | 0.26%             | 2055-05-25      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd                      | Neuberger Berman CLO 32R Ltd.                                                                        | CUSIP: 64135XAE1<br>LEI: 25490093SHVBS5BLDZ40 | Long             | ABS-O            | CORP              | KY        |    8345000 | PA      | $8366472.52    | 0.03%             | 2039-07-20      | Floating      | 6.18%                 | No            |                  2 | On Loan: No      |
| JBS USA HOLD/FOOD GRP/CO                      | JBS USA Holding Lux Sarl / JBS USA Foods Group Holdings Incorporated / JBS USA Food Co.              | CUSIP: 472140AE2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   18200000 | PA      | $18586022.00   | 0.06%             | 2036-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| STAR 2025-SFR6 Trust                          | STAR 2025-SFR6 Trust                                                                                 | CUSIP: 85520EAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   28150000 | PA      | $28208698.38   | 0.10%             | 2042-08-17      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| UPX HIL 2025-1 Issuer Trust                   | UPX HIL Issuer Trust                                                                                 | CUSIP: 916925AA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    9774168 | PA      | $9815819.70    | 0.03%             | 2047-01-25      | Fixed         | 5.16%                 | No            |                  2 | On Loan: No      |
| TENN VALLEY AUTH                              | Tennessee Valley Authority Principal Strips                                                          | CUSIP: 88059FBA8<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |   15800000 | PA      | $8813287.40    | 0.03%             | 2038-01-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Babson CLO Ltd                                | Barings CLO Ltd.                                                                                     | CUSIP: 06762VAJ5<br>LEI: 549300P3XUH38MXFT836 | Long             | ABS-O            | CORP              | KY        |    5950000 | PA      | $5963448.79    | 0.02%             | 2037-10-20      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| LIFE TIME GROUP HOLDINGS INC                  | Life Time, Inc.                                                                                      | CUSIP: N/A<br>LEI: 549300PALKE96VYH4X17       | Long             | LON              | CORP              | US        |   17925000 | PA      | $17895065.25   | 0.06%             | 2031-11-05      | Variable      | 6.36%                 | No            |                  2 | On Loan: No      |
| FTAI AIRCRAFT LEASING SPV 2025 LP             | FTAI Aircraft Leasing Offshore SPV (2025), LP                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    8714690 | NS      | $871.47        | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Morgan Stanley Capital Inc                    | Morgan Stanley Capital I Incorporated Trust                                                          | CUSIP: 617451DR7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1165071 | PA      | $1134978.22    | 0.00%             | 2036-01-25      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| CNO GLOBAL FUNDING                            | CNO Global Funding                                                                                   | CUSIP: 18977W2A7<br>LEI: 6354008GTNR4833ULD48 | Long             | DBT              | CORP              | US        |    7400000 | PA      | $7220510.48    | 0.02%             | 2026-10-07      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                 | Citigroup, Inc.                                                                                      | CUSIP: 17327CBC6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EP               | CORP              | US        |   41425000 | NS      | $42690823.73   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140HWEE8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     171295 | PA      | $146899.79     | 0.00%             | 2042-08-01      | Fixed         | 3.18%                 | No            |                  2 | On Loan: No      |
| BSPDF Issuer Ltd                              | BSPDF Issuer Ltd.                                                                                    | CUSIP: 055731AJ2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    3500000 | PA      | $3452253.35    | 0.01%             | 2036-10-15      | Floating      | 7.01%                 | No            |                  2 | On Loan: No      |
| VMED O2 UK LTD                                | Virgin Media Inc.                                                                                    | CUSIP: N/A<br>LEI: 2138001LVYC87DDHT482       | Long             | DBT              | CORP              | GB        |     150000 | PA      | $192129.28     | 0.00%             | 2029-01-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GENESEE & WYOMING INC                         | Genesee & Wyoming, Inc.                                                                              | CUSIP: 371559AB1<br>LEI: G617XSG94Z7G0RMW3L02 | Long             | DBT              | CORP              | US        |    3235000 | PA      | $3287219.37    | 0.01%             | 2032-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PACIFICORP                                    | PacifiCorp                                                                                           | CUSIP: 695114DF2<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |   28150000 | PA      | $29636958.44   | 0.10%             | 2055-09-15      | Variable      | 7.38%                 | No            |                  2 | On Loan: No      |
| CF Hippolyta Issuer LLC                       | CF Hippolyta LLC                                                                                     | CUSIP: 12530MAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4312872 | PA      | $2961404.04    | 0.01%             | 2060-07-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                       | MPLX, LP                                                                                             | CUSIP: 55336VAT7<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    3250000 | PA      | $3025603.52    | 0.01%             | 2049-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag                | Wells Fargo Commercial Mortgage Trust                                                                | CUSIP: 95000AAX5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    9080108 | PA      | $2455.26       | 0.00%             | 2048-12-15      | Variable      | 0.97%                 | No            |                  2 | On Loan: No      |
| SWISS RE SUB FIN PLC                          | Swiss RE Subordinated Finance plc                                                                    | CUSIP: 87088QAB0<br>LEI: 636700H29EH5Z8ZU8L04 | Long             | DBT              | CORP              | GB        |    9800000 | PA      | $10167815.46   | 0.03%             | 2046-04-01      | Variable      | 6.19%                 | No            |                  2 | On Loan: No      |
| PFP III                                       | PFP Ltd.                                                                                             | CUSIP: 69291WAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    5009191 | PA      | $5014024.76    | 0.02%             | 2039-09-17      | Floating      | 6.41%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                     | ONEOK, Inc.                                                                                          | CUSIP: 682680CW1<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    2860000 | PA      | $2711625.61    | 0.01%             | 2044-04-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                       | Goldman Sachs Group, Inc.                                                                            | CUSIP: 38148YAA6<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    3870000 | PA      | $3468830.27    | 0.01%             | 2038-10-31      | Variable      | 4.02%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                   | Freddie Mac                                                                                          | CUSIP: 3137HMCR9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   24884445 | PA      | $24918337.63   | 0.08%             | 2052-02-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tricon Residential                            | Tricon Residential Trust                                                                             | CUSIP: 89614YAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    7000000 | PA      | $6873131.30    | 0.02%             | 2038-07-17      | Fixed         | 2.59%                 | No            |                  2 | On Loan: No      |
| RED SPV LLC                                   | Red SPV LLC                                                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   17157000 | PA      | $17117710.47   | 0.06%             | 2032-03-15      | Variable      | 6.39%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC           | CDX.NA.HY.43.V1 (25-35%)                                                                             | CUSIP: N/A<br>LEI: I7331LVCZKQKX5T7XV54       | N/A              | DCR              |  | US        |  -44055000 | OU      | $-6844720.94   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC                           | Sirius XM Radio LLC                                                                                  | CUSIP: 82967NBG2<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |   12010000 | PA      | $11264293.94   | 0.04%             | 2030-07-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| HPS Private Credit CLO                        | HPS Private Credit CLO 2025-3 LLC                                                                    | CUSIP: 40445YAA2<br>LEI: 254900WC9JHPFFXUKB77 | Long             | ABS-O            | CORP              | US        |    8500000 | PA      | $8529767.00    | 0.03%             | 2037-07-20      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| PEER HOLDING I BV                             | Peer Holding III BV                                                                                  | CUSIP: N/A<br>LEI: 7245002S0K5Q59JCVQ03       | Long             | LON              | CORP              | NL        |    2000000 | PA      | $2352090.18    | 0.01%             | 2031-07-01      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| Home Partners of America Trust                | Home Partners of America Trust                                                                       | CUSIP: 43730XAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   14977179 | PA      | $14020479.07   | 0.05%             | 2041-01-17      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Navigator Aviation Ltd                        | Navigator 2025-1 Aviation Ltd.                                                                       | CUSIP: 63943GAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   21000000 | PA      | $21067032.00   | 0.07%             | 2050-10-15      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| STONEPEAK PARTNERS UPPER HOLDINGS LP          | Xplore, Inc.                                                                                         | CUSIP: N/A<br>LEI: 2138007ZVGYYNWEGU394       | Long             | LON              | CORP              | CA        |    1423884 | PA      | $972982.71     | 0.00%             | 2031-10-24      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| DAVINCIRE HOLDINGS LTD                        | DaVinciRe Holdings Ltd.                                                                              | CUSIP: 23879AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    4400000 | PA      | $4550849.64    | 0.02%             | 2035-04-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| WHIRLPOOL CORP                                | Whirlpool Corp.                                                                                      | CUSIP: 963320BC9<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |    4575000 | PA      | $4419995.34    | 0.01%             | 2034-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| AMERICO LIFE INC                              | Americo Life, Inc.                                                                                   | CUSIP: 03060NAD2<br>LEI: 549300B5C1FRFHBYW144 | Long             | DBT              | CORP              | US        |   32364000 | PA      | $29185683.99   | 0.10%             | 2031-04-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Carlyle Global Market Strategi                | Carlyle US CLO                                                                                       | CUSIP: 142914AE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    3700000 | PA      | $3721311.63    | 0.01%             | 2037-07-20      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORP                                  | Novelis Corp.                                                                                        | CUSIP: 670001AN6<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |   15675000 | PA      | $15837012.10   | 0.05%             | 2033-08-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| STADCO LA LLC                                 | Stadco LA LLC                                                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |   31000000 | PA      | $21677526.55   | 0.07%             | 2056-05-15      | Fixed         | 3.75%                 | No            |                  3 | On Loan: No      |
| COLT Funding LLC                              | COLT Mortgage Loan Trust                                                                             | CUSIP: 12665LAA2<br>LEI: 213800Z2Q6LED8DB8K38 | Long             | ABS-MBS          | CORP              | US        |    8254949 | PA      | $8344953.12    | 0.03%             | 2069-04-25      | Variable      | 6.12%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                             | 6-Month/5-Year Interest Rate Swap                                                                    | CUSIP: N/A<br>LEI: G5GSEF7VJP5I7OUK5573       | N/A              | DIR              |  | GB        | -135871875 | NC      | $-196458.50    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| PRP Advisors, LLC                             | PRPM LLC                                                                                             | CUSIP: 69395KAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   36871881 | PA      | $36910194.16   | 0.13%             | 2028-08-25      | Variable      | 5.77%                 | No            |                  2 | On Loan: No      |
| MASTR Asset Backed Securities                 | Master Asset-Backed Securities Trust                                                                 | CUSIP: 55275TAD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5571724 | PA      | $1553287.54    | 0.01%             | 2037-01-25      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trus                | BRAVO Residential Funding Trust                                                                      | CUSIP: 10569LAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1607988 | PA      | $1624829.88    | 0.01%             | 2064-03-25      | Variable      | 6.39%                 | No            |                  2 | On Loan: No      |
| HUNTER DOUGLAS INC                            | Hunter Douglas, Inc.                                                                                 | CUSIP: N/A<br>LEI: 529900811T142NS3H544       | Long             | LON              | CORP              | US        |   12000000 | PA      | $14104368.25   | 0.05%             | 2032-01-17      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| FIRST REPUBLIC BANK                           | First Republic Bank                                                                                  | CUSIP: 33616C696<br>LEI: YWC0TIKBQM2JV8L4IV08 | Long             | EP               | CORP              | US        |     276775 | NS      | $27.68         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| AMER AIRLINE 16-2 AA PTT                      | American Airlines Class AA Pass Through Trust                                                        | CUSIP: 023765AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4491800 | PA      | $4348958.06    | 0.01%             | 2028-06-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 67118XAB1<br>LEI: 254900LMIQVUH9BFZJ05 | Long             | ABS-MBS          | CORP              | US        |    7328988 | PA      | $7440519.48    | 0.03%             | 2064-02-25      | Variable      | 6.70%                 | No            |                  2 | On Loan: No      |
| ACREC LLC                                     | Acrec LLC                                                                                            | CUSIP: 00112HAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    5900000 | PA      | $5849951.48    | 0.02%             | 2042-08-18      | Floating      | 5.78%                 | No            |                  2 | On Loan: No      |
| Palmer Square CLO Ltd                         | Palmer Square CLO Ltd.                                                                               | CUSIP: 696924AQ2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   16250000 | PA      | $16294113.88   | 0.06%             | 2037-10-20      | Floating      | 6.18%                 | No            |                  2 | On Loan: No      |
| TIF Funding III LLC                           | TIF Funding III LLC                                                                                  | CUSIP: 88655AAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   29553750 | PA      | $29645292.74   | 0.10%             | 2049-04-20      | Fixed         | 5.48%                 | No            |                  2 | On Loan: No      |
| Saluda Grade Alternative Mortg                | Saluda Grade Alternative Mortgage Trust 2025-LOC4                                                    | CUSIP: 79589VAP9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   14786613 | PA      | $14798962.35   | 0.05%             | 2055-06-25      | Floating      | 6.21%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140HTN54<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     308841 | PA      | $276068.08     | 0.00%             | 2049-04-01      | Fixed         | 4.22%                 | No            |                  2 | On Loan: No      |
| LHOME Mortgage Trust                          | LHOME Mortgage Trust 2025-RTL3                                                                       | CUSIP: 50205YAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   40250000 | PA      | $40357145.50   | 0.14%             | 2040-08-25      | Variable      | 5.24%                 | No            |                  2 | On Loan: No      |
| HOPE GAS HOLDINGS LLC                         | Hope Gas Holdings LLC                                                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |    6100000 | PA      | $6168729.19    | 0.02%             | 2037-09-01      | Fixed         | 6.18%                 | No            |                  3 | On Loan: No      |
| AASET 2021-1 Trust                            | AASET Trust                                                                                          | CUSIP: 00038PAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   34243132 | PA      | $32830140.83   | 0.11%             | 2041-11-16      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| THUNDERBIRD 2022-1                            | Thunderbird A                                                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-O            | CORP              | US        |   57700000 | PA      | $54536985.24   | 0.18%             | 2037-03-01      | Fixed         | 5.50%                 | No            |                  3 | On Loan: No      |
| Securitized Asset Backed Recei                | Securitized Asset-Backed Receivables LLC Trust                                                       | CUSIP: 81378PAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7746544 | PA      | $6754465.46    | 0.02%             | 2037-02-25      | Floating      | 4.63%                 | No            |                  2 | On Loan: No      |
| UBS AG                                        | Foreign Exchange USD/JPY                                                                             | CUSIP: N/A<br>LEI: BFM8T61CT2L1QCEMIK50       | N/A              | DFE              |  | US        |  139218000 | NC      | $294433.54     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FR REFUEL LLC                                 | FR Refuel LLC                                                                                        | CUSIP: N/A<br>LEI: 549300Y6GW0LGV84NW77       | Long             | LON              | CORP              | US        |   12091304 | PA      | $11970391.32   | 0.04%             | 2028-11-08      | Variable      | 9.03%                 | No            |                  2 | On Loan: No      |
| HT HOLDING LLC                                | HighTower Holding LLC                                                                                | CUSIP: N/A<br>LEI: 254900MKOSB7RTMA9K12       | Long             | LON              | CORP              | US        |   20442912 | PA      | $20404683.28   | 0.07%             | 2032-02-03      | Variable      | 7.07%                 | No            |                  2 | On Loan: No      |
| GCAT                                          | GCAT 2025-NQM4 Trust                                                                                 | CUSIP: 367923AD1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    8270414 | PA      | $8335032.74    | 0.03%             | 2070-06-25      | Variable      | 5.73%                 | No            |                  2 | On Loan: No      |
| HLEND CLO LLC                                 | Hlend CLO LLC                                                                                        | CUSIP: 43367AAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   53450000 | PA      | $53270028.51   | 0.18%             | 2037-08-15      | Floating      | 6.07%                 | No            |                  2 | On Loan: No      |
| TOTAL WEBHOSTING SOLUTIONS BV                 | Total Webhosting Solutions BV                                                                        | CUSIP: N/A<br>LEI: 98450055H0892EDCB847       | Long             | LON              | CORP              | NL        |   21200000 | PA      | $24902033.82   | 0.08%             | 2031-11-06      | Variable      | 5.91%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust                        | Sequoia Mortgage Trust                                                                               | CUSIP: 81743CAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6473704 | PA      | $6543190.98    | 0.02%             | 2054-06-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                              | Deutsche Bank AG NY                                                                                  | CUSIP: 251526CD9<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    3610000 | PA      | $3422221.59    | 0.01%             | 2031-09-18      | Variable      | 3.55%                 | No            |                  2 | On Loan: No      |
| UPBOUND GROUP INC                             | Upbound Group, Inc.                                                                                  | CUSIP: N/A<br>LEI: 529900QUHE15UQNCCJ63       | Long             | LON              | CORP              | US        |     454940 | PA      | $453802.51     | 0.00%             | 2032-08-12      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| GCAT                                          | GCAT Trust                                                                                           | CUSIP: 36171MAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   12979073 | PA      | $13092626.47   | 0.04%             | 2070-05-25      | Variable      | 5.55%                 | No            |                  2 | On Loan: No      |
| DEPOSITORY TRUST & CLEAR                      | Depository Trust & Clearing Corp.                                                                    | CUSIP: 249670AB6<br>LEI: MLDY5N6PZ58ZE60QU102 | Long             | EP               | CORP              | US        |    4750000 | NS      | $4670659.80    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| HGI CRE CLO Ltd                               | HGI CRE CLO Ltd.                                                                                     | CUSIP: 40390JAE2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    1000000 | PA      | $993750.00     | 0.00%             | 2036-09-17      | Floating      | 6.06%                 | No            |                  2 | On Loan: No      |
| BNP Paribas                                   | 1-Year/2-Year Interest Rate Swap                                                                     | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | N/A              | DIR              |  | FR        | -190220625 | NC      | $-478903.25    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| KREF 2021-FL2 Ltd                             | KREF Ltd.                                                                                            | CUSIP: 48275RAG2<br>LEI: 54930083ELM2GCMVTQ91 | Long             | ABS-O            | CORP              | KY        |   16600000 | PA      | $16509770.70   | 0.06%             | 2039-02-15      | Floating      | 6.26%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 67118TAB0<br>LEI: 254900LSNFNEGAD7J679 | Long             | ABS-MBS          | CORP              | US        |    2687352 | PA      | $2712406.01    | 0.01%             | 2064-01-25      | Variable      | 6.22%                 | No            |                  2 | On Loan: No      |
| Stack Infrastructure Issuer LL                | Stack Infrastructure Issuer LLC                                                                      | CUSIP: 85236KAK8<br>LEI: 254900AV7V87H3A2WM57 | Long             | ABS-O            | CORP              | US        |   31313000 | PA      | $31614722.67   | 0.11%             | 2048-10-25      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| HOMES Trust                                   | HOMES Trust                                                                                          | CUSIP: 437920AC5<br>LEI: 254900GDF2MBHUV58Z95 | Long             | ABS-MBS          | CORP              | US        |   18349183 | PA      | $18486304.81   | 0.06%             | 2059-10-25      | Variable      | 5.58%                 | No            |                  2 | On Loan: No      |
| GCAT                                          | GCAT Trust                                                                                           | CUSIP: 367923AE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   16577171 | PA      | $16706319.12   | 0.06%             | 2070-06-25      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                   | Freddie Mac                                                                                          | CUSIP: 3142J6AP8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  169917280 | PA      | $171381384.17  | 0.58%             | 2055-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                                 | U.S. Treasury Bills                                                                                  | CUSIP: 912797NA1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   28500000 | PA      | $28406922.71   | 0.10%             | 2025-10-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Capital Automotive Reit                       | CARS-DB5, LP                                                                                         | CUSIP: 12510HAN0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    6510625 | PA      | $5506384.66    | 0.02%             | 2051-08-15      | Fixed         | 2.76%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH BANK AUST                        | Commonwealth Bank of Australia                                                                       | CUSIP: 202712BK0<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |    3550000 | PA      | $3407592.35    | 0.01%             | 2034-09-12      | Variable      | 3.61%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Inc                    | Morgan Stanley ABS Capital I Incorporated Trust                                                      | CUSIP: 61750FAF7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   22019094 | PA      | $7520101.96    | 0.03%             | 2036-09-25      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| KBC GROUP NV                                  | KBC Group N.V.                                                                                       | CUSIP: 48241FAC8<br>LEI: 213800X3Q9LSAKRUWY91 | Long             | DBT              | CORP              | BE        |    3180000 | PA      | $3478110.97    | 0.01%             | 2034-09-21      | Variable      | 6.32%                 | No            |                  2 | On Loan: No      |
| DESERT NEWCO LLC                              | Go Daddy Operating Company LLC                                                                       | CUSIP: N/A<br>LEI: 5493005GJOH8HLL11157       | Long             | LON              | CORP              | US        |    4216625 | PA      | $4208908.58    | 0.01%             | 2031-05-30      | Variable      | 5.91%                 | No            |                  2 | On Loan: No      |
| Vista Point Securitization Tru                | Vista Point Securitization Trust                                                                     | CUSIP: 92839HAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7476231 | PA      | $7567377.26    | 0.03%             | 2054-05-25      | Variable      | 6.68%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae                                                                                           | CUSIP: 3140LAQ99<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      65334 | PA      | $48265.19      | 0.00%             | 2051-01-01      | Fixed         | 2.28%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                     | ONEOK, Inc.                                                                                          | CUSIP: 682680DC4<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |   25125000 | PA      | $25219462.21   | 0.09%             | 2035-10-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| HOPE GAS HOLDINGS LLC                         | Hope Gas Holdings LLC                                                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |    7400000 | PA      | $7467566.74    | 0.03%             | 2035-09-01      | Fixed         | 6.08%                 | No            |                  3 | On Loan: No      |
| SAFEHOLD GL HOLDINGS LLC                      | Safehold GL Holdings LLC                                                                             | CUSIP: 78646UAB5<br>LEI: 54930012UY5Z4Q8NL108 | Long             | DBT              | CORP              | US        |   27008000 | PA      | $23964981.90   | 0.08%             | 2032-01-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| MF1 Multifamily Housing Mortga                | MF1 Multifamily Housing Mortgage Loan Trust                                                          | CUSIP: 55283TAJ7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    3800000 | PA      | $3796938.34    | 0.01%             | 2036-07-16      | Floating      | 6.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                   | Freddie Mac                                                                                          | CUSIP: 3133KRVH4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     237082 | PA      | $235887.59     | 0.00%             | 2053-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TENN VAL AUTH CPN STRIP                       | Tennessee Valley Authority                                                                           | CUSIP: 88059E7L2<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |    1612000 | PA      | $293679.00     | 0.00%             | 2057-03-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BSPRT Issuer, Ltd.                            | BSPRT Issuer Ltd.                                                                                    | CUSIP: 05602CAE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    4875000 | PA      | $4862745.23    | 0.02%             | 2038-12-15      | Floating      | 6.32%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                      | OBX Trust                                                                                            | CUSIP: 67119MAB4<br>LEI: 25490010LUJWFEUCIH44 | Long             | ABS-MBS          | CORP              | US        |    6164857 | PA      | $6235869.04    | 0.02%             | 2064-05-25      | Variable      | 6.33%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                  | GS Mortgage Securities Trust                                                                         | CUSIP: 36257UAN7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   64120955 | PA      | $1635167.71    | 0.01%             | 2052-09-10      | Variable      | 0.93%                 | No            |                  2 | On Loan: No      |
| CIMIC FINANCE USA PTY LT                      | CIMIC Finance USA Pty Ltd.                                                                           | CUSIP: 171873AB8<br>LEI: 213800GNWSV32LXHCZ50 | Long             | DBT              | CORP              | AU        |    3240000 | PA      | $3528104.07    | 0.01%             | 2034-03-25      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAINMENT INC                     | Caesars Entertainment, Inc.                                                                          | CUSIP: N/A<br>LEI: 549300FA4CTCW903Y781       | Long             | LON              | CORP              | US        |    4685030 | PA      | $4669147.69    | 0.02%             | 2030-02-06      | Variable      | 6.41%                 | No            |                  2 | On Loan: No      |
| AMFAM HOLDINGS INC                            | AmFam Holdings, Inc.                                                                                 | CUSIP: 03115AAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   19525000 | PA      | $16956286.70   | 0.06%             | 2031-03-11      | Fixed         | 2.81%                 | No            |                  2 | On Loan: No      |
| PHILLIPS 66 CO                                | Phillips 66 Co.                                                                                      | CUSIP: 718547BA9<br>LEI: RVJMT2IZVVSKIRJJBH76 | Long             | DBT              | CORP              | US        |    4200000 | PA      | $4211235.00    | 0.01%             | 2056-03-15      | Variable      | 6.20%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Inc                    | Morgan Stanley ABS Capital I Incorporated Trust                                                      | CUSIP: 61749NAD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   12098664 | PA      | $6037228.60    | 0.02%             | 2036-08-25      | Floating      | 4.55%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-30

**Name of Applicant:** Guggenheim Funds Trust

**Signature:** James Howley

**Name of Signer:** James Howley

**Title:** CFO